| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 251 | 156 | +61.0% |
| EBITDA | 21.3 | 6.9 | +208.0% |
| EBITDA margin | 8.5% | 4.4% | +4.0 pts |
| Profit before tax | 19.3 | 10.2 | +88.2% |
| Net profit | 19.5 | 11.2 | +74.4% |
| EPS | ₹0.16 | ₹0.09 | +77.8% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,203 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 97.3 | 97.3 | 464 | 38.7 | 30.6 | ||
| 0.0 | 0.0 | — | 0.0 | 0.0 | ||
| 2,084 | 2,084 | 1,996 | 1,916 | 1,803 | ||
| 3,190 | — | — | — | — | ||
| 845 | 751 | 498 | 451 | 229 | ||
| — | +50.8% | +10.3% | +96.9% | — | ||
| 62.0 | 48.4 | 37.4 | 16.4 | −0.1 | ||
| 7.3% | 6.4% | 7.5% | 3.6% | −0.1% | ||
| 48.8 | 35.8 | 28.9 | 8.9 | −5.5 | ||
| 64.3 | 56.0 | 35.6 | 28.9 | −4.1 | ||
| 7.6% | 7.5% | 7.2% | 6.4% | −1.8% | ||
| ₹0.54 | ₹0.47 | ₹0.30 | ₹0.24 | −₹0.03 | ||
| — | +57.5% | +23.3% | +808.5% | — | ||
| — | −269 | −177 | −19.5 | −43.9 | ||
| — | −41.2 | −18.5 | −9.9 | −10.4 | ||
| −310 | −310 | −196 | −29.4 | −54.3 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,203.2 | |
| - Cash, Equiv & ST Investments | 30.6 | 38.7 | 463.9 | 97.3 | 97.3 | |
| + Minority Interest | 0.0 | 0.0 | — | 0.0 | 0.0 | |
| + Total Debt | 1,803.3 | 1,916.3 | 1,996.3 | 2,083.8 | 2,083.8 | |
| Enterprise Value | — | — | — | — | 3,189.6 | |
| Revenue | 229.2 | 451.4 | 497.8 | 750.9 | 845.4 | |
| Growth %, YoY | — | +96.9 | +10.3 | +50.8 | — | |
| EBITDA | -0.1 | 16.4 | 37.4 | 48.4 | 62.0 | |
| Margin % | -0.05 | 3.62 | 7.51 | 6.44 | 7.33 | |
| EBIT | -5.5 | 8.9 | 28.9 | 35.8 | 48.8 | |
| Net Income | -4.1 | 28.9 | 35.6 | 56.0 | 64.3 | |
| Margin % | -1.78 | 6.39 | 7.15 | 7.46 | 7.61 | |
| EPS, Adj (current shares) | -0.03 | 0.24 | 0.30 | 0.47 | 0.54 | |
| Growth %, YoY | — | +808.5 | +23.3 | +57.5 | — | |
| Cash from Operations | -43.9 | -19.5 | -177.3 | -269.0 | — | |
| Capital Expenditures | -10.4 | -9.9 | -18.5 | -41.2 | — | |
| Free Cash Flow | -54.3 | -29.4 | -195.8 | -310.1 | -310.1 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Jyoti Structures (NSE: JYOTISTRUC) had a market capitalisation of ₹1,169 crore at the 29 October 2026 close (₹9.79 a share), a PE ratio of 18.2 on the last four quarters' profit and a price-to-book ratio of 2.46. In FY26 its consolidated net profit was ₹56 crore on revenue of ₹751 crore; in Q1 FY27 (April–June 2026) it was ₹19.5 crore, up 74.4% year on year. Its debt-to-equity ratio was 4.39 on 31 March 2026.
Jyoti Structures' PE ratio is 18.2 at the 29 October 2026 close (₹9.79 a share): a market capitalisation of ₹1,169 crore divided by consolidated net profit of ₹64.3 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹56 crore) it is 20.9.
Jyoti Structures' debt-to-equity ratio was 4.39 on 31 March 2026: borrowings of ₹2,084 crore against total equity of ₹475 crore. A year earlier, on 31 March 2025, it was 3.55.
Jyoti Structures' net worth — shareholders' equity in its consolidated balance sheet — was ₹475 crore on 31 March 2026, down 15.6% from ₹562 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,169 crore at the 29 October 2026 close.
Jyoti Structures' price-to-book (PB) ratio is 2.46 at the 29 October 2026 close: a market capitalisation of ₹1,169 crore divided by shareholders' equity (book value) of ₹475 crore on 31 March 2026. That is a book value of ₹3.98 per share against a share price of ₹9.79.
In FY26, Jyoti Structures' return on equity (ROE) was 10.8% and its return on capital employed (ROCE) was 1.4%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
Jyoti Structures' book value per share was ₹3.98 on 31 March 2026: shareholders' equity of ₹475 crore divided by the 119.37 crore shares in issue, down 16.0% from ₹4.73 a year earlier. The share price at the 29 October 2026 close was ₹9.79.
Jyoti Structures' market capitalisation was ₹1,169 crore at the 29 October 2026 close: 119.37 crore shares at ₹9.79 each.
Jyoti Structures' basic earnings per share (EPS) were ₹0.47 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.53.
Jyoti Structures will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.
No. Jyoti Structures had borrowings of ₹2,084 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 4.39. Its cash and current investments were ₹246 crore, so its net debt was ₹1,837 crore.
Jyoti Structures has no promoter group: on 30 September 2026 promoters held 0% of its shares, according to the shareholding pattern filed with NSE. Foreign portfolio investors held 1.22% and domestic institutions 0.01%.
In FY26, Jyoti Structures generated ₹269 crore of cash from operations and spent ₹41.2 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹310 crore. In FY25 it was −₹196 crore.
On 30 September 2026, Jyoti Structures' shares were held by foreign portfolio investors (FII/FPI) 1.22%, domestic institutions (DII) 0.01% and retail and other non-institutional investors 98.77%. Over the year, FII holding was up 0.18 percentage points from 1.04% and DII holding was down 0.44 percentage points from 0.45%.
Jyoti Structures' latest results are for Q1 FY27 (April–June 2026), filed on 4 August 2026: consolidated net profit ₹19.5 crore, up 74.4% from ₹11.2 crore in Q1 FY26; revenue from operations ₹251 crore, up 61.0% year on year.
At the 29 October 2026 closing prices, on FY26 net profit, Jyoti Structures' PE ratio is 20.9, the second highest of the four: Indosolar 3.2, Swelect Energy Systems 16.0 and Bajel Projects 91.8, a peer average of 37.0. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26 (April 2025–March 2026), Jyoti Structures' consolidated net profit was ₹56 crore, up 57.5% from ₹35.6 crore in FY25, on revenue from operations of ₹751 crore (up 50.8%).
On FY26 consolidated figures, against Indosolar, Swelect Energy Systems and Bajel Projects: Jyoti Structures' operating margin of 4.8% is the third highest of the four (Indosolar 34.4%, Swelect Energy Systems 15.6%, Bajel Projects 2.8%; peer average 17.6%); its return on equity of 10.8% is the second highest of the four (Indosolar 150.6%, Swelect Energy Systems 6.2%, Bajel Projects 2.9%; peer average 53.2%).
In FY26, Jyoti Structures earned net profit of ₹56 crore on revenue of ₹751 crore, against ₹247 crore on ₹680 crore for Indosolar. Jyoti Structures' operating margin was 4.8% (Indosolar 34.4%) and its return on equity 10.8% (Indosolar 150.6%). At the 29 October 2026 close, Jyoti Structures' market capitalisation was ₹1,169 crore against ₹797 crore for Indosolar, and its PE ratio on FY26 profit 20.9 against 3.2.
From Jyoti Structures' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.