Jaiprakash Associates
Industrials
532532 BSE
Price unavailable
Close 17 Mar 2026 ₹2.42 −0.68 −21.9% since 10 Nov 2025
Start ₹3.10
Key Fundamentals
MicrocapCivil ConstructionConstructionPrice-based figures · EPS basis: Consolidated · TTM
- ROCE
- −2.03%
- Debt to Equity
- Not meaningful: shareholders’ equity is negative
- EPS (TTM)
- −₹4.79
- Book Value
- −₹20.97
- Market Cap
- —
- P/E (TTM)
- —
- P/B
- —
- ROE
- Not meaningful: shareholders’ equity is negative
- Dividend Yield
- 0.00%
- EBITDA
- —
- 52W High
- —
- 52W Low
- —
Key Insights
Strengths
1- Debtor days have improved from 106 to 76.8 days.
Weaknesses
6- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.34%
- The company has delivered a poor sales growth of -3.80% over past five years.
- Promoter holding is low: 28.8%
- Contingent liabilities of Rs.7,707 Cr.
- Earnings include an other income of Rs.377 Cr.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 12 | 6 | 1 |
| Oscillators | Bearish | 2 | 6 | 1 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Bearish
Bearish
2
Neutral
6
Bullish
1
Overall
Strong Bearish
Bearish
12
Neutral
6
Bullish
1
Moving Averages
Strong Bearish
Bearish
10
Neutral
0
Bullish
0
Key readings
- RSI (14)
- 35.60
- Neutral
- MACD (12,26,9)
- −0.20
- Bearish
- SMA (50)
- 3.13
- Bearish
- SMA (200)
- 4.76
- Bearish
As of , the latest day with price data, so these readings are not current.
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2025; 1Y: fiscal year to Mar 2025 against Mar 2024; TTM: four quarters to Dec 2025 against Dec 2024.
Revenue
| 10Y | −11.50% |
|---|---|
| 5Y | −3.80% |
| 3Y | +0.25% |
| 1Y | −18.77% |
| TTM | −50.32% |
Net profit
| 10Y | Loss widened by ₹1,272 Cr |
|---|---|
| 5Y | Turned to loss |
| 3Y | Loss widened by ₹1,325 Cr |
| 1Y | Loss widened by ₹1,484 Cr |
| TTM | Loss narrowed by ₹1,256 Cr |
Operating cash flow
| 10Y | −17.23% |
|---|---|
| 5Y | −7.57% |
| 3Y | +198.40% |
| 1Y | −52.31% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −34.56 pp |
|---|---|
| 5Y | −2.54 pp |
| 3Y | −0.91 pp |
| 1Y | −5.39 pp |
| TTM | −13.25 pp |
Revenue by year
| Mar 2016 | ₹18,397 Cr |
|---|---|
| Mar 2017 | ₹13,759 Cr |
| Mar 2018 | ₹7,645 Cr |
| Mar 2019 | ₹9,210 Cr |
| Mar 2020 | ₹7,035 Cr |
| Mar 2021 | ₹6,406 Cr |
| Mar 2022 | ₹5,752 Cr |
| Mar 2023 | ₹7,263 Cr |
| Mar 2024 | ₹7,135 Cr |
| Mar 2025 | ₹5,796 Cr |
Net profit by year
| Mar 2016 | −₹3,164 Cr |
|---|---|
| Mar 2017 | −₹9,413 Cr |
| Mar 2018 | −₹2,597 Cr |
| Mar 2019 | −₹2,644 Cr |
| Mar 2020 | ₹561 Cr |
| Mar 2021 | −₹667 Cr |
| Mar 2022 | −₹1,498 Cr |
| Mar 2023 | −₹1,352 Cr |
| Mar 2024 | −₹1,339 Cr |
| Mar 2025 | −₹2,823 Cr |
Quarterly Results
₹ CrResults for the period ended Mar 2026 were due by 30 May 2026 and are not in this table yet.
| Particulars | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,876 | 1,908 | 1,429 | 1,896 | 1,656 | 1,972 | 1,671 | 1,360 | 1,478 | 1,137 | 672 | 685 | 726 |
| Expenses | 1,741 | 1,658 | 1,351 | 1,806 | 1,616 | 1,885 | 1,536 | 1,394 | 1,481 | 1,331 | 691 | 725 | 807 |
| Operating Profit | 136 | 250 | 78 | 90 | 40 | 87 | 135 | −34 | −3 | −194 | −19 | −41 | −81 |
| OPM % | 7% | 13% | 5% | 4.7% | 2.4% | 4.4% | 8% | −2.5% | −0.2% | −17% | −2.8% | −6% | −11% |
| Other Income | −53 | −308 | 68 | 15 | −123 | −145 | −792 | 100 | −150 | −189 | 551 | 293 | −278 |
| Interest | 281 | 174 | 226 | 253 | 271 | 266 | 274 | 288 | 306 | 301 | 204 | 234 | 246 |
| Depreciation | 101 | 77 | 97 | 96 | 105 | 95 | 88 | 78 | 302 | 106 | 94 | 94 | 85 |
| PBT | −299 | −309 | −176 | −245 | −459 | −420 | −1,020 | −300 | −762 | −789 | 235 | −76 | −691 |
| Tax % | 5% | 2% | 4% | 1% | 4% | 3% | 1% | −1% | 1% | −7% | 1% | −2% | 0% |
| Net Profit | −315 | −316 | −183 | −248 | −476 | −431 | −1,026 | −298 | −768 | −731 | 232 | −75 | −693 |
| EPS (₹) | −1.26 | −1.31 | −0.74 | −1 | −1.93 | −1.79 | −4.17 | −1.19 | −3.11 | −2.69 | 0.98 | −0.28 | −2.8 |
Profit & Loss
₹ Cr| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19,832 | 19,666 | 18,397 | 13,759 | 7,645 | 9,210 | 7,035 | 6,406 | 5,752 | 7,263 | 7,135 | 5,796 | 3,220 |
| Expenses | 13,295 | 13,356 | 13,525 | 12,059 | 8,236 | 9,850 | 7,031 | 5,703 | 5,842 | 6,618 | 6,927 | 5,939 | 3,554 |
| Operating Profit | 6,538 | 6,310 | 4,871 | 1,700 | −591 | −640 | 5 | 703 | −90 | 645 | 208 | −143 | −334 |
| OPM % | 33% | 32% | 26% | 12% | −8% | −7% | 0.1% | 11% | −1.6% | 9% | 2.9% | −2.5% | −10% |
| Other Income | 530 | 609 | 75 | −2,946 | 1,262 | −261 | 2,702 | 207 | −5 | −520 | −110 | −976 | 377 |
| Interest | 6,233 | 7,338 | 7,847 | 7,469 | 2,486 | 988 | 1,159 | 1,001 | 998 | 1,056 | 1,010 | 1,176 | 985 |
| Depreciation | 1,708 | 1,694 | 1,820 | 1,888 | 782 | 592 | 603 | 568 | 395 | 381 | 388 | 576 | 379 |
| PBT | −874 | −2,113 | −4,721 | −10,603 | −2,597 | −2,481 | 945 | −659 | −1,487 | −1,312 | −1,301 | −2,871 | −1,320 |
| Tax % | −20% | −27% | −33% | −11% | 0% | 7% | 41% | 1% | 1% | 3% | 3% | −2% | — |
| Net Profit | −703 | −1,551 | −3,164 | −9,413 | −2,597 | −2,644 | 561 | −667 | −1,498 | −1,352 | −1,339 | −2,823 | −1,267 |
| EPS (₹) | −3.72 | −7.13 | −12.13 | −35.79 | −7.96 | −8.41 | 4.5 | −2.71 | −6.02 | −5.47 | −5.46 | −11.17 | −4.79 |
| Div. Payout % | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 444 | 486 | 486 | 486 | 486 | 486 | 486 | 489 | 491 | 491 | 491 | 491 | 491 |
| Reserves | 9,826 | 14,469 | 12,030 | 3,324 | 4,192 | 606 | 1,695 | 1,073 | −406 | −1,742 | −3,085 | −5,811 | −5,639 |
| Borrowings | 72,599 | 75,274 | 66,246 | 38,953 | 28,859 | 28,678 | 19,692 | 19,146 | 19,097 | 16,458 | 15,412 | 18,497 | 17,467 |
| Other Liabilities | 19,807 | 19,272 | 21,424 | 18,590 | 16,088 | 26,819 | 14,415 | 15,654 | 18,209 | 22,561 | 23,323 | 21,425 | 20,939 |
| Total Liabilities | 1,02,676 | 1,09,501 | 1,00,187 | 61,354 | 49,626 | 56,590 | 36,289 | 36,362 | 37,391 | 37,768 | 36,141 | 34,602 | 33,257 |
| Fixed Assets | 45,434 | 53,775 | 42,785 | 18,589 | 19,714 | 19,845 | 9,589 | 8,988 | 8,618 | 4,958 | 4,607 | 6,945 | 6,092 |
| CWIP | 27,124 | 19,420 | 11,321 | 2,866 | 1,465 | 673 | 679 | 714 | 247 | 193 | 289 | 305 | 162 |
| Investments | 3,042 | 3,026 | 2,713 | 2,127 | 1,318 | 1,210 | 1,671 | 1,462 | 1,462 | 1,492 | 1,203 | 610 | 717 |
| Other Assets | 27,076 | 33,280 | 43,369 | 37,772 | 27,129 | 34,860 | 24,351 | 25,198 | 27,064 | 31,125 | 30,042 | 26,743 | 26,286 |
| Total Assets | 1,02,676 | 1,09,501 | 1,00,187 | 61,354 | 49,626 | 56,590 | 36,289 | 36,362 | 37,391 | 37,768 | 36,141 | 34,602 | 33,257 |
Cash Flow
₹ Cr| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 4,553 | 3,696 | 6,676 | 5,793 | −855 | 770 | 827 | 1,076 | 21 | 761 | 1,170 | 558 |
| Investing | −7,316 | −3,608 | 7,000 | −1,426 | 15,122 | −3 | −266 | −3 | 60 | −116 | 134 | −219 |
| Financing | 2,546 | −518 | −14,421 | −4,554 | −14,220 | −931 | −570 | −743 | −281 | −625 | −960 | −412 |
| Net Cash Flow | −216 | −430 | −745 | −187 | 47 | −165 | −10 | 330 | −200 | 20 | 344 | −74 |
| Free Cash Flow | −4,128 | 248 | 12,822 | 4,423 | 14,209 | 641 | 581 | 1,009 | −79 | 698 | 1,003 | 601 |
| CFO/EBITDA | 75 | 61 | 138 | 338 | 149 | −124 | 13,192 | 138 | −39 | 129 | 605 | −433 |
Ratios
| Particulars | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 39 | 64 | 84 | 49 | 93 | 85 | 120 | 121 | 194 | 121 | 119 | 77 |
| Inventory Days | 793 | 1,148 | 876 | 1,407 | 2,816 | 3,173 | 2,121 | 3,083 | 2,762 | 2,362 | 2,618 | 3,011 |
| Days Payable | 325 | 365 | 146 | 257 | 481 | 405 | 392 | 442 | 468 | 334 | 366 | 384 |
| Cash Conversion Cycle | 507 | 847 | 814 | 1,199 | 2,427 | 2,853 | 1,849 | 2,763 | 2,488 | 2,149 | 2,370 | 2,704 |
| Working Capital Days | −171 | −135 | 295 | −226 | 257 | 83 | 356 | 430 | 524 | 474 | 438 | 272 |
| ROCE % | 6% | 5% | 4% | 0% | −3% | −4% | −2% | 1% | −1% | 3% | 2% | −2% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Jaiprakash Associates insights
62 extracted metrics across FY11–FY26.
Documents
- 21 Aug 2026
- 30 Jan 2026
- 31 Jan 2025
- 1 Feb 2024
- 2 Feb 2023
- General announcements 15 Jun 2026
- General announcements 4 Jun 2026
Frequently Asked Questions about Jaiprakash Associates
What does Jaiprakash Associates Ltd do?
Incorporated in 1995, Jaiprakash Associates Ltd is in the business of Engineering & Construction, Manufacturing of Cement, Power, Fertilizer, Real Estate development, Infrastructure, Hotel/ Hospitality, etc.
Where is Jaiprakash Associates Ltd (JPASSOCIAT) listed?
Jaiprakash Associates Ltd trades under code 532532 on the BSE.
Which sector does Jaiprakash Associates Ltd belong to?
Jaiprakash Associates Ltd is classified under the Industrials sector, in the Construction industry.
Company Information
Incorporated in 1995, Jaiprakash Associates Ltd is in the business of Engineering & Construction, Manufacturing of Cement, Power, Fertilizer, Real Estate development, Infrastructure, Hotel/ Hospitality, etc.
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/JPASSOCIAT.md for Jaiprakash Associates Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.
Append .md to any Tapetide URL for
the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.