Jaiprakash Associates (Delisted) share price

BSE: 532532Construction

Jaiprakash Associates Limited · Face value ₹2 · Listed Jun 2004

Last traded ₹2.42 on 17 Mar 2026

Delisted on 18 Jun 2026.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

Jun 2026
- 22 Jun · Disclosure
  Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- 17 Jun · Updates
  Re-lodgement of Transfer Requests of Physical Shares
- 15 Jun · Intimation Regarding Receipt Of Notice/Circular For Delisting Approval - Delisting Effective From 18 June 2026
  Intimation regarding Delisting.
- 15 Jun · Updates
  Intimation regarding receipt of Notice/Circular for Delisting Approval Delisting effective from 18 June 2026
- 11 Jun · Delisting
  Members of the Exchange are hereby informed about the Delisting of Equity shares of Jaiprakash Associates Limited w.e.f. June 18, 2026, pursuant to Resolution plan approved by Hon ble National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj, under section 30(6) read with section 31 of Insolvency Bankruptcy Code, 2016.
- 4 Jun · Results
  Delay in Financial Results

Q3 results, quarter to Dec 2025

Consolidated: the company and its subsidiaries together. ₹ crore.

Revenue: ₹726 Cr+6.1% on the quarter before
Operating profit: −₹81 Cr
Net profit: −₹693 Cr
Earnings per share: −₹2.80
Operating margin: −11.1%
Net margin: −95.5%

From revenue to net profit, ₹ crore

Revenue726
Materials and goods−185
Employee costs−105
Other expenses−517
Operating profit−81
Depreciation−85
Other income+39
One-off items−318
Finance costs−246
Profit before tax−691
Tax−3.0
Joint ventures+0.8
Discontinued businesses0.0
Net profit−693

Jaiprakash Associates results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Dec 2025. Results for the quarter to Mar 2026 were due by 30 May 2026, 60 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit
Loss

A loss in 11 of the 12 quarters shown

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Mar 2021	Jun 2021Q1	Sep 2021	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3Filed 14 Feb	Mar 2023	Jun 2023Q1	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025Q4Filed 30 Jun	Jun 2025Q1Filed 14 Aug	Sep 2025Q2Filed 20 Nov	Dec 2025Q3Filed 14 Feb
Revenue from operations	2,517	1,484	1,690	1,889	1,972	1,840	1,954	1,896	1,908	1,429	1,896	1,503	1,741	1,671	1,374	1,491	1,137	672	685	726
	1,826	1,419	1,708	1,837	2,388	1,855	1,917	1,770	1,647	1,351	1,806	1,406	1,640	1,536	1,334	1,484	1,331	691	725	807
Materials and goods bought	688	643	830	939	1,100	1,010	1,052	989	795	703	692	779	808	730	695	678	497	155	175	185
Employee costs	116	123	136	139	162	142	139	135	106	99	102	99	115	104	110	137	133	118	119	105
Other expenses	1,021	653	742	759	1,126	703	726	647	746	549	1,012	528	717	702	529	668	700	418	431	517
Operating profit before depreciation	692	65	−18	51	−416	−15	37	126	261	78	90	97	101	135	39	7	−194	−19	−41	−81
Operating margin	27.5%	4.4%	−1.1%	2.7%	−21.1%	−0.8%	1.9%	6.6%	13.7%	5.5%	4.7%	6.5%	5.8%	8.1%	2.9%	0.5%	−17.0%	−2.8%	−5.9%	−11.1%
Depreciation and amortisation	137	134	143	134	151	142	145	143	77	97	96	96	95	88	85	309	106	94	94	85
Other income	143	16	113	35	276	42	53	70	42	76	47	56	34	100	85	43	112	43	58	39
Finance costs	259	239	261	288	261	298	313	300	174	226	253	271	275	274	297	316	301	204	234	246
Profit before one-off items and tax	439	−291	−309	−336	−552	−413	−367	−247	52	−168	−212	−214	−235	−128	−258	−574	−488	−273	−311	−373
One-off items	0	0	0	0	0	0	0	0	−201	0	10	−238	−113	−930	−25	−218	−305	460	0	−318
Profit before tax	439	−291	−309	−336	−552	−413	−367	−247	−149	−168	−202	−452	−348	−1,057	−282	−792	−793	187	−311	−691
	14	2	2	12	−6	26	−9	15	7	7	3	17	11	6	−3	7	−58	3	−1	3
Current tax	4	3	2	7	3	2	2	11	8	16	5	18	16	8	−5	1	0	1	1	4
Deferred tax	11	−1	0	6	−9	24	−11	4	−1	−9	−2	−1	−4	−2	2	6	−58	2	−2	−1
Tax rate	3.2%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.6%	–	–
Share of profit of joint ventures and associates	0	0	0	0	0	57	18	−52	−10	46	0	57	141	84	44	30	37	67	44	1
Profit from discontinued businesses	–	–	–	–	–	–	–	–	−150	−54	−43	−65	−213	−46	−62	–	−33	−18	191	0
	424	−293	−311	−348	−546	−381	−340	−315	−316	−183	−248	−476	−431	−1,026	−298	−768	−731	232	−75	−693
Belonging to the company's shareholders	426	−290	−304	−344	−540	−376	−335	−309	−322	−181	−246	−474	−439	−1,023	−293	−764	−661	240	−68	−687
Belonging to outside owners of subsidiaries	−1	−3	−7	−5	−6	−5	−5	−5	6	−3	−2	−2	8	−2	−5	−4	−70	−8	−6	−7
Other comprehensive income	7	0	−1	0	2	0	0	0	4	0	0	0	−3	0	0	0	15	0	0	0
Total comprehensive income	431	−293	−312	−348	−544	−381	−340	−314	−311	−183	−248	−476	−434	−1,026	−298	−768	−715	232	−75	−694
Net margin	16.9%	−19.8%	−18.4%	−18.4%	−27.7%	−20.7%	−17.4%	−16.6%	–	–	–	–	–	−61.4%	–	−51.5%	−64.3%	34.5%	–	−95.5%
Net margin without joint ventures and associates	16.9%	−19.8%	−18.4%	−18.4%	−27.7%	−23.8%	−18.3%	−13.8%	–	–	–	–	–	−66.4%	–	−53.5%	−67.5%	24.6%	–	−95.6%
Earnings per share	₹1.75	−₹1.18	−₹1.24	−₹1.40	−₹2.20	–	−₹1.37	−₹1.26	−₹1.31	−₹0.74	−₹1.00	−₹1.93	−₹1.79	−₹4.17	−₹1.19	−₹3.12	−₹2.69	₹0.98	−₹0.28	−₹2.80

Earnings per share in rupees, restated for later splits and bonuses. Net margin is left blank for Mar 2023, Jun 2023, Sep 2023, Dec 2023, Mar 2024, Sep 2024 and Sep 2025: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2023, the company's revenue for the year to Mar 2023, ₹7,263 Cr, differs from its quarters added, ₹7,598 Cr; the company reports a discontinued business. From the quarter to Mar 2025, the company's revenue for the year to Mar 2025, ₹5,796 Cr, differs from its quarters added, ₹5,673 Cr.

Segment results by quarter

Consolidated, ₹ crore, quarters to Dec 2025.

Fertilizers
Revenue, ₹ crore
698
722
670
776
787
731
724
694
412
5
19
0
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Profit, ₹ crore
21
16
6
11
15
8
−8
−15
−104
−39
−24
−84
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Construction
Revenue, ₹ crore
747
496
588
482
550
450
391
362
402
465
476
518
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Profit, ₹ crore
19
47
42
56
57
32
30
4
−95
39
5
5
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Real Estate
Revenue, ₹ crore
276
95
544
108
235
315
125
262
133
85
99
68
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Profit, ₹ crore
79
−24
−18
−33
−9
67
−9
−1
−47
−9
32
−7
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Hotel/Hospitality & Golf Course
Revenue, ₹ crore
106
83
67
101
110
82
82
129
128
107
75
132
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Profit, ₹ crore
27
15
0
29
29
5
7
41
38
26
2
34
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Cement & Cement Products
Revenue, ₹ crore
9
3
0
1
4
36
22
15
20
0
0
0
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Profit, ₹ crore
−59
−32
−8
−17
−4
−9
−42
−209
−28
−79
−79
−60
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Others
Revenue, ₹ crore
35
23
23
33
42
44
23
33
68
12
16
9
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Profit, ₹ crore
14
−5
−3
−11
7
8
−3
0
15
−1
−7
−8
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Infrastructure
Revenue, ₹ crore
12
13
10
13
12
14
14
13
0
0
0
0
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Profit, ₹ crore
55
4
2
2
−68
7
7
6
0
0
0
0
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Investments
Revenue, ₹ crore
0
0
0
0
0
0
0
0
0
0
0
0
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Profit, ₹ crore
−1
32
−1
−1
−1
1
43
−1
47
−1
−1
−1
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Power
Revenue, ₹ crore
0
0
0
0
0
0
0
0
0
0
0
0
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25
Profit, ₹ crore
0
0
0
0
0
0
0
−100
−21
−18
−18
−18
Mar 23Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25

₹ crore	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue of all businesses	1,883	1,436	1,902	1,513	1,740	1,672	1,381	1,508	1,163	676	686	726
Company revenue, as in its results	1,908	1,429	1,896	1,503	1,741	1,671	1,374	1,491	1,137	672	685	726
Revenue	698	722	670	776	787	731	724	694	412	5	19	0
Revenue growth	–	–	–	–	12.8%	1.2%	8.1%	−10.5%	–	–	–	–
Profit	21	16	6	11	15	8	−8	−15	−104	−39	−24	−84
Profit growth	–	–	–	–	−31.0%	−52.5%	–	–	–	–	–	–
Margin	3.0%	2.3%	0.8%	1.4%	1.9%	1.1%	−1.1%	−2.1%	−25.2%	−737.9%	−127.6%	−4,21,500.0%
Assets	1,268	1,221	933	1,198	1,173	1,558	1,154	1,044	949	796	754	761
Liabilities	858	698	560	779	800	1,095	832	742	711	389	380	463
Capital employed	410	523	373	419	373	463	322	302	238	407	374	297
Revenue	747	496	588	482	550	450	391	362	402	465	476	518
Revenue growth	–	–	–	–	−26.3%	−9.3%	−33.5%	−24.8%	–	–	–	–
Profit	19	47	42	56	57	32	30	4	−95	39	5	5
Profit growth	–	–	–	–	202.3%	−31.3%	−28.2%	−93.6%	–	–	–	–
Margin	2.5%	9.4%	7.1%	11.7%	10.3%	7.1%	7.6%	1.0%	−23.5%	8.3%	1.0%	0.9%
Assets	6,176	6,132	6,107	6,040	5,717	5,259	5,072	4,954	4,827	4,847	4,888	4,913
Liabilities	2,162	2,040	1,824	1,730	1,667	1,651	1,559	1,437	1,414	1,357	1,395	1,431
Capital employed	4,014	4,092	4,283	4,310	4,051	3,607	3,513	3,518	3,413	3,490	3,493	3,482
Revenue	276	95	544	108	235	315	125	262	133	85	99	68
Revenue growth	–	–	–	–	−14.9%	231.5%	−77.0%	143.3%	–	–	–	–
Profit	79	−24	−18	−33	−9	67	−9	−1	−47	−9	32	−7
Margin	28.6%	−25.6%	−3.4%	−30.7%	−3.7%	21.4%	−7.3%	−0.3%	−35.4%	−10.5%	32.6%	−10.3%
Assets	18,694	18,927	18,764	18,991	19,119	19,356	19,552	19,708	19,716	19,944	20,119	20,381
Liabilities	4,279	4,295	4,284	3,845	3,790	3,742	3,701	3,569	3,581	3,633	3,583	3,659
Capital employed	14,416	14,632	14,480	15,145	15,329	15,614	15,851	16,139	16,135	16,311	16,536	16,722
Revenue	106	83	67	101	110	82	82	129	128	107	75	132
Revenue growth	–	–	–	–	4.0%	−1.4%	22.7%	27.1%	–	–	–	–
Profit	27	15	0	29	29	5	7	41	38	26	2	34
Profit growth	–	–	–	–	5.4%	−65.6%	2,124.2%	42.3%	–	–	–	–
Margin	25.6%	18.5%	0.5%	28.5%	26.0%	6.5%	8.9%	31.9%	29.9%	24.4%	2.7%	25.9%
Assets	773	772	758	774	780	760	758	769	747	759	755	764
Liabilities	214	217	230	236	236	246	261	276	268	261	259	287
Capital employed	559	555	529	538	544	514	498	493	479	499	496	477
Revenue	9	3	0	1	4	36	22	15	20	0	0	0
Profit	−59	−32	−8	−17	−4	−9	−42	−209	−28	−79	−79	−60
Margin	−622.7%	−1,122.2%	−1,697.8%	−3,183.3%	−81.7%	−25.4%	−192.2%	−1,418.4%	−139.8%	−24,578.1%	−37,638.1%	−1,00,716.7%
Assets	5,041	4,956	4,838	4,737	4,636	4,508	4,513	4,147	4,156	3,164	3,131	2,778
Liabilities	1,291	1,294	1,315	1,290	1,365	1,221	1,269	1,281	1,241	1,085	1,087	728
Capital employed	3,750	3,662	3,523	3,447	3,270	3,286	3,244	2,866	2,915	2,079	2,044	2,051
Revenue	35	23	23	33	42	44	23	33	68	12	16	9
Revenue growth	–	–	–	–	19.5%	91.3%	1.2%	−0.2%	–	–	–	–
Profit	14	−5	−3	−11	7	8	−3	0	15	−1	−7	−8
Profit growth	–	–	–	–	−51.8%	–	–	–	–	–	–	–
Margin	40.7%	−22.8%	−11.9%	−33.5%	16.4%	18.1%	−13.4%	0.2%	21.4%	−7.4%	−43.7%	−92.8%
Assets	353	348	353	353	369	430	363	340	311	125	127	116
Liabilities	107	109	141	163	153	204	156	159	141	62	66	51
Capital employed	246	239	211	190	216	226	207	181	170	63	61	65
Revenue	12	13	10	13	12	14	14	13	0	0	0	0
Profit	55	4	2	2	−68	7	7	6	0	0	0	0
Margin	460.4%	33.8%	16.9%	12.9%	−554.1%	51.4%	51.4%	47.3%	–	–	–	–
Assets	328	319	309	306	232	213	208	201	170	159	0	0
Liabilities	86	84	83	81	77	74	72	70	70	70	0	0
Capital employed	243	235	225	225	155	139	136	131	100	89	0	0
	0	0	0	0	0	0	0	0	0	0	0	0
Profit	−1	32	−1	−1	−1	1	43	−1	47	−1	−1	−1
Assets	1,492	1,579	1,583	1,041	1,203	424	512	541	610	676	717	718
Liabilities	0	0	0	0	0	0	0	0	0	0	0	0
Capital employed	1,492	1,579	1,583	1,041	1,203	424	512	541	610	676	717	718
Revenue	0	0	0	0	0	0	0	0	0	0	0	0
Profit	0	0	0	0	0	0	0	−100	−21	−18	−18	−18
Margin	–	–	–	–	–	–	–	–	−2,12,000.0%	–	–	–
Assets	1,756	1,755	1,753	1,753	1,724	1,721	1,721	1,627	1,613	1,600	1,586	1,573
Liabilities	84	80	77	71	67	65	66	66	71	71	71	71
Capital employed	1,671	1,675	1,675	1,681	1,657	1,656	1,656	1,561	1,543	1,529	1,515	1,503
Revenue	40	0	0	1	8	5	0	0	10	0	0	2
Profit	0	0	0	0	0	0	0	0	0	0	0	0
Assets	0	0	0	0	0	0	0	0	0	0	0	0
Liabilities	0	0	0	0	0	0	0	0	0	0	0	0

Profit is before tax and finance costs, the way companies report their segments.

10 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

Revenue
Net profit
Borrowings
Loss

A loss in 9 of the 10 years shown

Operating and net margin, per cent

From Apr 2019 leases sit on the balance sheet: rent is charged as depreciation and interest instead, so operating profit and total assets step up with nothing about the business having changed. Borrowings here leave lease liabilities out.

The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹7,035 Cr, differs from its quarters added, ₹8,530 Cr; the company reports a discontinued business. From the year to Mar 2023, the company's revenue for that year, ₹7,263 Cr, differs from its quarters added, ₹7,598 Cr; the company reports a discontinued business. From the year to Mar 2025, the company's revenue for that year, ₹5,796 Cr, differs from its quarters added, ₹5,673 Cr.

Results for the year to Mar 2025

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

Revenue5,796
Materials and goods−2,700
Employee costs−540
Other expenses−2,715
Operating profit−159
Depreciation−577
Other income+348
One-off items−1,477
Finance costs−1,160
Profit before tax−3,025
Tax+48
Joint ventures+194
Discontinued businesses−40
Net profit−2,823

What the company owns

Inventory₹16,441 Cr
Plant, investments and other assets₹15,707 Cr
Cash and bank₹1,235 Cr
Receivables₹1,219 Cr

What pays for it: net worth and liabilities

Borrowings₹17,957 Cr
Other liabilities₹14,548 Cr
Owed to suppliers₹2,097 Cr

Jaiprakash Associates business segments, year to Mar 2025

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them. A segment at a loss has no share of profit.

Revenue by segment

₹5,855 CrTotal

Fertilizers₹2,561 Cr43.7% of total
Construction₹1,605 Cr27.4% of total
Real Estate₹835 Cr14.3% of total
Hotel/Hospitality & Golf Course₹421 Cr7.2% of total
Cement & Cement Products₹263 Cr4.5% of total
Others₹169 Cr2.9% of total

Profit by segment

Construction₹37.5 Cr15.1% of total
Real Estate₹10.5 Cr4.2% of total
Hotel/Hospitality & Golf Course₹92.0 Cr37.0% of total
Others₹19.4 Cr7.8% of total
Investments₹89.3 Cr35.9% of total

Segment results by year

Consolidated, ₹ crore, years to March.

Fertilizers
Revenue, ₹ crore
2,469
2,479
1,892
2,589
3,201
2,955
2,561
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Profit, ₹ crore
109
126
79
69
106
48
−119
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Construction
Revenue, ₹ crore
2,662
2,112
2,478
2,440
2,665
2,116
1,605
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Profit, ₹ crore
−15
99
610
133
105
201
37
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Real Estate
Revenue, ₹ crore
1,746
493
266
287
843
982
835
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Profit, ₹ crore
373
−114
−174
−149
92
−84
11
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Hotel/Hospitality & Golf Course
Revenue, ₹ crore
279
263
92
190
353
361
421
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Profit, ₹ crore
20
11
−23
13
79
73
92
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Cement & Cement Products
Revenue, ₹ crore
2,396
1,924
1,774
1,556
76
8
263
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Profit, ₹ crore
−102
−151
−52
−395
−101
−60
−450
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Others
Revenue, ₹ crore
160
103
94
81
101
121
169
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Profit, ₹ crore
−52
−42
−22
−16
−11
−12
19
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Infrastructure
Revenue, ₹ crore
1,337
43
26
12
55
47
0
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Profit, ₹ crore
168
−20
−63
−148
48
−60
0
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Investments
Revenue, ₹ crore
0
0
0
0
0
0
0
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Profit, ₹ crore
−23
30
−212
99
14
29
89
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Power
Revenue, ₹ crore
218
209
236
126
0
0
0
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Profit, ₹ crore
−38
−64
−6
−29
0
0
−133
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25

₹ crore	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Revenue of all businesses	11,586	7,626	6,858	7,280	7,293	6,591	5,855
Company revenue, as in its results	10,821	7,035	6,406	7,034	7,263	6,568	5,796
Revenue	2,469	2,479	1,892	2,589	3,201	2,955	2,561
Revenue growth	–	–	−23.7%	36.8%	–	−7.7%	–
Profit	109	126	79	69	106	48	−119
Profit growth	–	–	−37.6%	−12.1%	–	−54.8%	–
Margin	4.4%	5.1%	4.2%	2.7%	3.3%	1.6%	−4.6%
Return on capital	7.4%	8.4%	10.1%	8.6%	25.8%	12.8%	−49.9%
Assets	2,070	2,260	1,213	1,628	1,268	1,173	949
Liabilities	598	769	432	822	858	800	711
Capital employed	1,473	1,491	782	806	410	373	238
Revenue	2,662	2,112	2,478	2,440	2,665	2,116	1,605
Revenue growth	–	–	17.3%	−1.5%	–	−20.6%	–
Profit	−15	99	610	133	105	201	37
Profit growth	–	–	519.2%	−78.1%	–	92.6%	–
Margin	−0.6%	4.7%	24.6%	5.5%	3.9%	9.5%	2.3%
Return on capital	−0.4%	3.0%	15.3%	3.3%	2.6%	5.0%	1.1%
Assets	4,996	4,997	5,872	6,182	6,176	5,717	4,827
Liabilities	1,266	1,741	1,875	2,176	2,162	1,667	1,414
Capital employed	3,730	3,256	3,997	4,006	4,014	4,051	3,413
Revenue	1,746	493	266	287	843	982	835
Revenue growth	–	–	−46.0%	7.8%	–	16.5%	–
Profit	373	−114	−174	−149	92	−84	11
Margin	21.4%	−23.1%	−65.2%	−52.0%	10.9%	−8.6%	1.3%
Return on capital	3.3%	−1.0%	−1.3%	−1.1%	0.6%	−0.6%	0.1%
Assets	14,940	15,775	16,635	17,573	18,694	19,119	19,716
Liabilities	3,756	3,871	3,692	3,981	4,279	3,790	3,581
Capital employed	11,184	11,903	12,943	13,592	14,416	15,329	16,135
Revenue	279	263	92	190	353	361	421
Revenue growth	–	–	−64.8%	105.1%	–	2.3%	–
Profit	20	11	−23	13	79	73	92
Profit growth	–	–	–	–	–	−7.0%	–
Margin	7.3%	4.1%	−24.4%	6.8%	22.2%	20.2%	21.8%
Return on capital	3.3%	1.9%	−4.1%	2.4%	14.1%	13.4%	19.2%
Assets	854	783	753	755	773	780	747
Liabilities	243	210	203	206	214	236	268
Capital employed	611	573	551	549	559	544	479
Revenue	2,396	1,924	1,774	1,556	76	8	263
Revenue growth	–	–	−7.8%	−12.3%	–	−89.2%	–
Profit	−102	−151	−52	−395	−101	−60	−450
Margin	−4.2%	−7.9%	−3.0%	−25.4%	−133.0%	−735.4%	−171.1%
Return on capital	−2.1%	−3.3%	−1.1%	−9.2%	−2.7%	−1.8%	−15.4%
Assets	6,226	5,988	5,759	5,563	5,041	4,636	4,156
Liabilities	1,267	1,397	1,126	1,250	1,291	1,365	1,241
Capital employed	4,959	4,591	4,633	4,313	3,750	3,270	2,915
Revenue	160	103	94	81	101	121	169
Revenue growth	–	–	−8.3%	−14.0%	–	19.9%	–
Profit	−52	−42	−22	−16	−11	−12	19
Margin	−32.4%	−40.4%	−23.0%	−19.9%	−11.2%	−10.1%	11.5%
Return on capital	−13.8%	−11.9%	−7.0%	−5.4%	−4.6%	−5.6%	11.4%
Assets	409	367	341	348	353	369	311
Liabilities	32	18	29	50	107	153	141
Capital employed	377	349	312	298	246	216	170
Revenue	1,337	43	26	12	55	47	0
Profit	168	−20	−63	−148	48	−60	0
Margin	12.5%	−46.0%	−245.2%	−1,226.9%	87.9%	−126.3%	–
Return on capital	1.6%	−1.2%	−16.9%	−66.9%	19.9%	−38.7%	0.0%
Assets	20,877	1,669	468	317	328	232	170
Liabilities	10,686	0	95	96	86	77	70
Capital employed	10,191	1,669	373	221	243	155	100
	0	0	0	0	0	0	0
Profit	−23	30	−212	99	14	29	89
Return on capital	−1.9%	6.9%	−14.5%	6.8%	0.9%	2.4%	14.7%
Assets	1,210	545	1,462	1,462	1,492	1,203	610
Liabilities	0	104	0	0	0	0	0
Capital employed	1,210	441	1,462	1,462	1,492	1,203	610
Revenue	218	209	236	126	0	0	0
Revenue growth	–	–	12.9%	−46.7%	–	–	–
Profit	−38	−64	−6	−29	0	0	−133
Margin	−17.7%	−30.6%	−2.5%	−22.8%	–	–	–
Return on capital	−2.0%	−3.5%	−0.3%	−1.7%	0.0%	0.0%	−8.6%
Assets	1,986	1,926	1,872	1,813	1,756	1,724	1,613
Liabilities	59	92	126	124	84	67	71
Capital employed	1,928	1,834	1,746	1,688	1,671	1,657	1,543
Revenue	319	0	–	–	–	–	–
Profit	−11	0	–	–	–	–	–
Margin	−3.5%	–	–	–	–	–	–
Return on capital	−1.7%	–	–	–	–	–	–
Assets	932	0	–	–	–	–	–
Liabilities	276	0	–	–	–	–	–
Capital employed	656	0	–	–	–	–	–
Revenue	5	14	7	8	42	9	16
Profit	−328	0	27	0	0	0	0
Assets	0	0	0	0	0	0	0
Liabilities	0	0	0	0	0	0	0

Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March. The last column is the twelve months to Dec 2025, the latest four quarters added.

₹ crore	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025Filed 30 Jun	Dec 2025Twelve monthsFiled 14 Feb
Revenue from operations	17,321	14,260	7,761	10,821	7,035	6,406	7,034	7,263	6,568	5,796	3,220
	12,571	12,622	7,729	9,687	6,620	5,725	7,351	6,638	6,202	5,954	3,554
Materials and goods bought	4,789	5,471	3,148	4,026	3,271	2,363	3,512	3,675	2,981	2,700	1,012
Employee costs	–	–	–	645	622	492	559	406	415	540	476
Other expenses	–	–	–	5,016	2,728	2,870	3,281	2,558	2,806	2,715	2,067
Operating profit before depreciation	4,750	1,638	33	1,134	415	681	−317	625	366	−159	−334
Operating margin	27.4%	11.5%	0.4%	10.5%	5.9%	10.6%	−4.5%	8.6%	5.6%	−2.7%	−10.4%
Materials, % of revenue	–	–	–	37.2%	46.5%	36.9%	49.9%	50.6%	45.4%	46.6%	31.4%
Employee costs, % of revenue	–	–	–	6.0%	8.8%	7.7%	7.9%	5.6%	6.3%	9.3%	14.8%
Other expenses, % of revenue	–	–	–	46.4%	38.8%	44.8%	46.6%	35.2%	42.7%	46.8%	64.2%
Depreciation and amortisation	1,786	1,888	782	736	603	568	562	381	384	577	379
Operating profit after depreciation	2,964	−251	−750	397	−187	112	−879	244	−18	−735	−713
Other income	86	144	146	70	101	180	440	195	214	348	252
Finance costs	7,515	7,407	2,440	2,558	1,133	978	1,048	1,036	1,024	1,160	985
Profit before one-off items and tax	−4,466	−7,513	−3,044	−2,090	−1,219	−686	−1,488	−597	−829	−1,548	−1,445
One-off items	−80	−3,090	1,116	−328	3,890	27	0	−201	−341	−1,477	−163
Profit before tax	−4,546	−10,603	−1,928	−2,418	2,671	−659	−1,488	−798	−1,170	−3,025	−1,608
	−1,151	−1,190	−1	185	384	9	11	39	39	−48	−53
Current tax	1	–	2	0	2	14	15	23	55	4	6
Deferred tax	−1,152	–	−3	184	382	−6	−4	16	−16	−52	−59
Share of profit of joint ventures and associates	0	–	–	−107	−421	0	0	13	245	194	148
Profit from discontinued businesses	–	–	–	0	−1,305	–	–	−527	−376	−40	140
	−3,345	−8,706	−1,937	−2,710	561	−667	−1,498	−1,352	−1,339	−2,823	−1,267
Belonging to the company's shareholders	−3,345	−8,706	−1,937	−2,107	1,096	−662	−1,478	−1,342	−1,340	−2,741	−1,176
Belonging to outside owners of subsidiaries	–	–	–	–	−535	−6	−20	−10	1	−82	−91
Other comprehensive income	–	–	–	3	−4	7	1	5	−3	15	15
Total comprehensive income	–	–	–	−2,706	557	−660	−1,497	−1,347	−1,342	−2,808	−1,252
Net margin	−19.3%	−61.1%	−25.0%	−25.0%	–	−10.4%	−21.3%	–	–	−48.7%	–
Net margin without joint ventures and associates	−19.3%	–	–	−24.1%	–	−10.4%	−21.3%	–	–	−52.1%	–

Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2016, Mar 2017 and Mar 2018 they do not, so they are left blank. Net margin is left blank for the years to Mar 2020, Mar 2023 and Mar 2024: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Balance sheet

Consolidated, ₹ crore, at 31 March. The last column is the half year to Sep 2025, after the latest full year: the balance sheet at its end.

₹ crore	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025Filed 30 Jun	Sep 2025Half yearFiled 20 Nov
	1,389	2,173	1,541	43	−1,303	−2,645	−5,453	−5,296
	1,056	2,182	1,562	85	−1,251	−2,594	−5,320	−5,149
Share capital	486	486	489	491	491	491	491	491
Reserves	569	1,695	1,073	−406	−1,742	−3,085	−5,811	−5,639
Belonging to outside owners of subsidiaries	333	−9	−21	−41	−52	−51	−133	−147
	25,718	17,632	16,434	19,097	16,458	15,412	17,957	16,900
Repayable after a year	24,763	16,519	15,856	15,365	13,393	12,303	13,422	13,291
Repayable within a year	955	1,112	579	3,732	3,065	3,108	4,535	3,609
	25,645	11,854	12,270	14,168	13,424	13,378	16,941	15,186
Trade payables	2,898	2,187	1,847	2,372	2,151	2,201	2,097	1,607
Other financial liabilities	7,961	4,001	5,492	3,659	4,585	4,946	7,045	6,711
Other liabilities	13,053	3,766	3,534	3,571	2,782	2,274	2,429	2,427
Provisions	779	788	819	833	836	848	836	832
Tax owed	0	–	0	0	5	0	0	0
	28,489	21,262	21,550	22,179	21,156	20,912	23,046	23,366
Other financial liabilities	3,256	4,134	5,107	6,161	7,120	8,064	9,249	9,758
Other liabilities	276	278	280	353	340	273	112	132
Provisions	108	108	98	96	72	61	99	94
Deferred tax	0	148	142	138	154	138	85	0
Trade payables	85	75	68	67	77	72	80	92
Liabilities going with businesses held for sale	1,000	1,000	1,000	1,000	4,490	4,496	67	–
	56,523	36,289	36,362	37,391	37,768	36,141	34,602	33,257
Held for sale or for a demerger	1,000	1,000	1,000	1,000	4,576	4,455	1,164	1,000
	26,664	16,116	14,886	13,463	9,847	8,831	10,944	9,857
Plant in use, after depreciation	10,270	9,041	8,525	8,304	4,638	4,389	6,943	–
Plant being built	673	679	714	247	193	289	305	–
Intangible assets	9,509	548	464	313	321	218	2	2
Investments	1,210	1,669	1,462	1,462	1,492	1,192	610	717
Loans given	66	27	41	0	0	0	0	0
Other financial assets	83	113	105	180	285	279	254	215
Deferred tax	231	–	0	0	0	0	0	31
Trade receivables	2,696	2,584	2,232	1,666	1,679	1,214	1,594	1,585
Other assets	1,926	1,455	1,344	1,290	1,240	1,250	1,236	1,055
	28,859	19,174	20,476	22,928	23,345	22,854	22,494	22,400
Inventories	21,897	11,846	12,897	13,993	15,208	15,733	16,441	16,958
Trade receivables	2,139	2,306	2,129	3,055	2,413	2,320	1,219	1,094
Cash and cash equivalents	190	181	511	310	328	673	600	566
Other bank balances	220	176	154	171	169	234	635	373
Current investments	0	0	0	0	0	10	0	0
Loans given	2	2	1	0	0	0	0	0
Other financial assets	822	1,538	1,605	2,182	2,069	1,849	1,640	1,470
Tax paid in advance	0	–	1	0	0	1	5	6
Other assets	3,589	3,127	3,178	3,215	3,159	2,034	1,953	1,934
Net debt	25,307	17,275	15,769	18,616	15,962	14,494	16,723	15,961

Borrowings are counted again inside the liabilities due within a year and after a year. Plant in use and plant being built are given for full years only. No balance sheet is on record for the years to Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March. The last column is the half year to Sep 2025, after the latest full year: the cash flow over its six months.

₹ crore	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025Filed 30 Jun	Sep 2025Half year
	1,105	60	761	1,170	558	−345
	1,000	74	829	1,256	620	−332
	−35	11	913	1,200	775	−364
Receivables	401	−305	451	400	578	120
Inventories	41	−11	−286	533	353	−13
Payables	−540	714	324	−991	−576	−624
Other working capital	63	−387	424	1,258	420	152
Tax paid	105	−14	−69	−86	−63	77
Capital spending	108	166	115	229	148	34
Free cash flow	997	−107	645	941	410	−379
	−3	20	−116	134	−219	464
Plant and property sold	0	67	52	62	192	175
Interest received	36	18	22	31	74	37
Dividends received	0	0	0	0	0	0
	−771	−281	−625	−960	−412	−147
Borrowings raised	18	0	0	5	0	64
Borrowings repaid	−56	−86	−359	−830	−220	−148
Interest paid	−199	−186	−260	−127	−188	−59
Lease payments	0	0	0	0	−5	−3
Dividends paid	0	0	0	0	0	0
Shares bought back	0	0	0	0	0	0
Shares issued	0	0	0	0	0	0
Net change in cash	330	−200	20	344	−74	−27

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2016, Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Consolidated, ₹ per share, years to March.

₹ per share	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025Filed 30 Jun
Earnings per share	−₹13.75	−₹35.79	−₹7.96	−₹8.68	₹4.50	−₹2.72	−₹6.02	−₹5.47	−₹5.46	−₹11.17
Diluted earnings per share	−₹13.15	−₹34.40	−₹7.96	−₹8.68	₹4.50	−₹2.72	−₹6.02	−₹5.47	−₹5.46	−₹11.17
Book value per share	–	–	–	₹4.34	₹8.97	₹6.39	₹0.34	−₹5.10	−₹10.57	−₹21.67
Shareholder yield	–	–	–	–	–	0.0%	0.0%	0.0%	0.0%	0.0%
Market cap at the year end (₹ crore)	1,873	3,345	–	1,326	255	1,678	2,037	1,706	4,406	766

Ratios

Consolidated, years to March.

Ratio	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025Filed 30 Jun
Revenue growth	–	−17.7%	−45.6%	39.4%	–	−9.0%	9.8%	–	−9.6%	–
Operating profit growth	–	−65.5%	−98.0%	3,381.0%	–	63.9%	–	–	−41.5%	–
	–	–	–	−199.6%	67.7%	−35.3%	−179.5%	–	–	–
	–	–	–	–	267.2 pts	−103.0 pts	−144.2 pts	–	–	–
From the net margin	–	–	–	–	–	–	−36.6 pts	–	–	–
From asset turnover	–	–	–	–	–	–	−5.9 pts	–	–	–
From borrowing	–	–	–	–	–	–	−101.7 pts	–	–	–
Return on capital employed	–	–	–	1.5%	−0.9%	0.6%	−4.6%	–	–	−5.9%
Interest cover	0.4	–	–	0.2	–	0.1	–	0.2	–	–
Debt to equity	–	–	–	18.51	8.11	10.66	439.31	–	–	–
Receivable days	–	–	–	72	120	121	159	–	–	77
Inventory days	–	–	–	1,985	1,322	1,992	1,454	–	–	2,223
Payable days	–	–	–	263	244	285	247	–	–	283
Cash conversion cycle, days	–	–	–	1,795	1,197	1,828	1,366	–	–	2,016
Working capital days	–	–	–	127	419	463	623	–	–	558
Asset turnover	–	–	–	0.19	0.15	0.18	0.19	–	–	–
Assets per rupee of net worth	–	–	–	53.53	28.67	19.40	44.78	–	–	–
Sales per rupee of plant	–	–	–	1.05	0.78	0.75	0.85	1.57	1.50	0.83
Capital spending to depreciation	–	–	–	–	–	0.19	0.30	0.30	0.60	0.26
Plant being built, % of plant in use	–	–	–	6.6%	7.5%	8.4%	3.0%	4.2%	6.6%	4.4%

Interest cover is left blank for the years to Mar 2017, Mar 2018, Mar 2020, Mar 2022, Mar 2024 and Mar 2025: operating profit after depreciation is a loss, and a loss covers no interest bill. From the net margin, from asset turnover and from borrowing are left blank for the years to Mar 2020 and Mar 2021: the profit of this year or the year before includes a business the company has discontinued while its revenue does not, so the change in return on equity is not split into margin, turnover and borrowing. Revenue growth and operating profit growth are left blank for the year to Mar 2020: between the two periods the company restated its earlier figures and the company began reporting a business as discontinued, so the two are on different bases and the change is not worked out. Return on equity, asset turnover and assets per rupee of net worth are left blank for the years to Mar 2023, Mar 2024 and Mar 2025: a tenth or more of the assets on the balance sheet it is worked from are held for sale or for a demerger, so it would mix the business being kept with the part that is leaving. Change in return on equity, from the net margin, from asset turnover and from borrowing are left blank for the years to Mar 2023, Mar 2024 and Mar 2025: a tenth or more of the assets on the balance sheet it is worked from are held for sale or for a demerger, so it would mix the business being kept with the part that is leaving. Debt to equity, receivable days, inventory days, payable days, cash conversion cycle, days, return on capital employed and working capital days are left blank for the years to Mar 2023 and Mar 2024: a tenth or more of the assets on the balance sheet it is worked from are held for sale or for a demerger, so it would mix the business being kept with the part that is leaving. Revenue growth is left blank for the year to Mar 2023: between the two periods the company restated its earlier figures and the company began reporting a business as discontinued, so the two are on different bases and the change is not worked out. Debt to equity is left blank for the year to Mar 2025: net worth is below zero, so there is no shareholders' money to set the borrowings against. Revenue growth is left blank for the year to Mar 2025: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. No balance sheet is on record for the years to Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2025.

Return on assets, latest year: −7.7%

Measure	10 years	5 years	3 years
Operating margin, average	7.3%	3.5%	3.8%

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2025.

₹ crore	5 years	3 years	Latest year
Cash from operations	3,652	2,488	558
Cash from investing	−184	−201	−219
Cash from financing	−3,049	−1,997	−412
Capital spending	767	492	148
Dividends paid	0	0	0
Shares bought back	0	0	0
Shares issued for cash	0	0	0
Borrowings raised	23	5	0
Borrowings repaid	1,552	1,409	220

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

Check	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Piotroski score, out of 9Published threshold 3 points out of 9	–	6	4	7	6	3
Altman Z-scorePublished threshold 1.81	–	0.55	0.45	0.49	0.43	−0.04
Beneish M-scorePublished threshold −1.78	–	−2.90	−2.31	−2.50	−2.92	−3.68
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets	–	−4.87	−4.28	−5.31	−7.15	−8.94
Receivables growth less revenue growthOur threshold 0 percentage points	42.82	1.26	33.72	−24.29	5.72	−35.68
Inventory growth less cost-of-goods growthOur threshold 0 percentage points	−27.15	36.63	−40.11	4.04	22.32	13.94
Other current assets growth less revenue growthOur threshold 5 per cent of revenue	3.59	1.86	8.73	−2.34	−20.46	−4.91
Assets under construction, years of additionsOur threshold 2 years of additions	–	13.65	0.72	–	2.13	0.10
Effective tax ratePublished threshold 17.16 per cent	14.39	–	–	–	–	–

A threshold marked as ours has no published figure; it is the line we read the check against.

Credit ratings

An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.

Date	Agency	Borrowing rated	Rating	Amount, ₹ Cr
30 Jan 2026	CARE Ratings Limited	Term Loan-Long TermLong-term scale	CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	19,714.18
30 Jan 2026	CARE Ratings Limited	Fund-based-Long TermLong-term scale	CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	150
30 Jan 2026	CARE Ratings Limited	Fund-based - ST-Bill Discounting/ Bills PurchasingShort-term scale	CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	275
30 Jan 2026	CARE Ratings Limited	Fund-based - ST-Term loanShort-term scale	CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	1,000
30 Jan 2026	CARE Ratings Limited	Fund-based - ST-Working Capital Demand loanShort-term scale	CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	200
30 Jan 2026	CARE Ratings Limited	Debentures-Non Convertible DebenturesLong-term scale	CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	90
30 Jan 2026	CARE Ratings Limited	Non-fund-based-LT/STLong and short-term scales	CARE D / CARE D; ISSUER NOT COOPERATING*Review, Re-affirm	4,322.21

The latest rating on each borrowing. The agency's name opens its reasoning for the rating.

Where the return came from

Yearly rates to Mar 2025, per-share figures restated for splits and bonuses.

Over	Return a year	Earnings growth	Change in P/E	Dividend yield
1 year	−82.6%	–	–	0.0%
3 years	−27.8%	–	–	0.0%
5 years	+24.3%	–	–	0.0%

Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Who owns Jaiprakash Associates, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2021; the latest is the filing for Mar 2026.

Mar 2026 filing

Promoters28.77%
Foreign institutions0.28%
Indian institutions8.57%
GovernmentsNone
Individuals and others62.39%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others

Per cent	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	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	Mar 2026
	38.12%	38.30%	38.17%	38.17%	38.16%	38.15%	38.06%	37.74%	37.70%	29.97%	29.97%	30.23%	30.23%	30.23%	30.23%	30.23%	30.12%	30.12%	28.77%
Indian promoters	38.12%	38.30%	38.17%	38.17%	38.16%	38.15%	38.06%	37.57%	37.52%	29.79%	29.79%	30.05%	30.05%	30.05%	30.05%	30.05%	29.94%	29.94%	28.59%
Foreign promoters	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%	0.18%
	61.88%	61.70%	61.83%	61.83%	61.84%	61.85%	61.94%	62.26%	62.30%	70.03%	70.03%	69.77%	69.77%	69.77%	69.77%	69.77%	69.88%	69.88%	71.23%
	–	–	–	–	1.20%	1.08%	0.97%	0.58%	0.90%	0.98%	2.09%	2.67%	2.25%	1.30%	1.40%	1.04%	0.56%	0.56%	0.28%
Foreign portfolio investors, category I	–	–	–	–	0.96%	0.84%	0.75%	0.54%	0.88%	0.97%	1.95%	2.49%	2.06%	1.13%	1.23%	0.87%	0.39%	0.39%	0.26%
Foreign portfolio investors, category II	–	–	–	–	0.24%	0.23%	0.22%	0.02%	Under 0.01%	0.00%	0.12%	0.17%	0.18%	0.16%	0.16%	0.16%	0.16%	0.16%	0.00%
	–	–	–	–	0.00%	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.01%	0.01%	0.01%	0.02%
Hsbc securities service	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	2.53%	2.08%	2.04%	2.04%	2.07%	9.97%	9.85%	9.59%	9.45%	9.29%	8.90%	8.90%	8.57%	8.57%	8.57%
Mutual funds	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.07%	0.09%	0.11%	0.14%	0.16%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Insurance companies	1.67%	1.67%	1.66%	1.62%	1.62%	1.24%	1.20%	1.20%	1.20%	1.20%	1.20%	1.20%	1.20%	1.20%	1.12%	1.12%	0.78%	0.78%	0.78%
Banks	–	–	–	–	0.06%	0.06%	0.06%	0.06%	0.06%	7.77%	7.77%	7.77%	7.77%	7.76%	7.76%	7.76%	7.76%	7.76%	7.76%
Alternative investment funds	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–
Non-bank lenders registered with RBI	–	–	–	–	0.83%	0.77%	0.75%	0.75%	0.73%	0.73%	0.70%	0.47%	0.31%	0.31%	0.01%	0.01%	0.01%	0.01%	0.01%
Other financial institutions	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Other Indian institutions	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.17%	0.07%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	–	–	–	–	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Government-promoted companies	–	–	–	–	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–
	–	–	–	–	58.11%	58.68%	58.93%	59.64%	59.33%	59.07%	58.09%	57.51%	58.07%	59.18%	59.47%	59.83%	60.76%	60.76%	62.39%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	33.89%	32.39%	31.93%	34.13%	31.41%	30.09%	29.15%	34.49%	38.78%	36.87%	38.34%	41.10%	43.04%	43.45%	44.67%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	10.18%	11.80%	12.22%	12.81%	12.69%	12.90%	12.92%	11.69%	10.85%	11.33%	11.86%	10.96%	10.42%	10.22%	10.68%
Companies	–	–	–	–	8.63%	9.43%	9.83%	9.45%	12.13%	13.02%	13.15%	8.76%	5.99%	8.55%	6.77%	5.26%	4.73%	4.51%	4.44%
Non-resident Indians	–	–	–	–	1.72%	1.69%	1.59%	1.62%	1.48%	1.45%	1.25%	1.25%	1.15%	1.13%	1.18%	1.21%	1.25%	1.27%	1.29%
Foreign nationals	–	–	–	–	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Foreign companies	–	–	–	–	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Investor education fund	–	–	–	–	0.81%	0.81%	0.81%	0.81%	0.81%	0.81%	0.81%	0.81%	0.81%	0.81%	0.81%	0.81%	0.80%	0.80%	0.80%
Directors and their relatives	–	–	–	–	0.00%	0.00%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–
Key managers	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	–	–	–	–
Relatives of promoters	–	–	–	–	0.01%	0.01%	0.01%	0.29%	0.29%	0.29%	0.29%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Trusts linked to the promoter group	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.10%	0.10%	0.10%	0.10%
Trusts linked to the promoter group	–	–	–	–	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	–	–	–	–
	–	–	–	–	2.73%	2.42%	2.40%	0.39%	0.39%	0.38%	0.39%	0.39%	0.38%	0.38%	0.38%	0.39%	0.38%	0.38%	0.38%
Bodies Corporate	–	–	–	–	1.88%	1.88%	1.92%	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	0.23%	0.14%	0.09%	–	–	–	–	–	–	–	–	–	–	–	–
Hindu undivided families	–	–	–	–	2.12%	1.90%	1.93%	–	–	–	–	–	–	–	–	–	–	–	–
Trusts	–	–	–	–	0.38%	0.38%	0.38%	–	–	–	–	–	–	–	–	–	–	–	–
Others	–	–	–	–	–	–	1.17%	–	–	–	–	–	–	–	–	–	–	–	–
Office of the custodian the special court	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.25%	–	–
Hsbc securities service	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%
Promoter shares pledgedShare of the promoters' own shares	20.24%	20.14%	20.21%	20.21%	20.21%	20.21%	20.26%	20.43%	20.46%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.00%
Shares in issue	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640	2,45,45,95,640

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Jaiprakash Associates shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	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	Mar 2026
All shareholders	6,08,779	6,09,921	6,13,873	6,34,419	6,21,231	6,19,613	6,07,670	6,00,841	5,84,029	5,92,282	6,04,623	6,33,593	6,54,501	6,34,638	6,36,411	6,42,726	6,47,786	6,45,515	6,47,890
	57	57	56	55	55	56	54	51	49	43	43	48	48	48	48	48	48	49	40
Indian promoters	57	57	56	55	55	56	54	49	47	41	41	45	45	45	45	45	45	46	37
Foreign promoters	0	0	0	0	0	0	0	2	2	2	2	3	3	3	3	3	3	3	3
	6,08,722	6,09,864	6,13,817	6,34,364	6,21,176	6,19,557	6,07,616	6,00,790	5,83,980	5,92,239	6,04,580	6,33,545	6,54,453	6,34,590	6,36,363	6,42,678	6,47,738	6,45,466	6,47,850
	–	–	–	–	44	40	26	24	24	31	61	70	66	43	37	26	23	22	20
Foreign portfolio investors, category I	–	–	–	–	39	34	23	13	13	20	48	57	53	32	25	15	12	11	10
Foreign portfolio investors, category II	–	–	–	–	4	5	2	1	1	1	4	4	4	2	2	2	2	2	0
Overseas depositories	–	–	–	–	1	1	1	1	1	1	0	0	0	0	0	–	–	–	–
	–	–	–	–	0	0	0	9	9	9	9	9	9	9	10	9	9	9	10
Hsbc securities service	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1
	–	–	–	–	76	72	72	75	76	79	77	77	76	72	71	70	69	70	68
Mutual funds	19	19	19	19	19	19	19	20	21	22	22	22	23	20	20	20	20	20	20
Insurance companies	10	10	9	7	7	6	6	7	7	7	7	7	7	7	7	7	6	6	6
Banks	–	–	–	–	34	34	34	36	36	36	36	37	37	36	36	36	36	37	36
Alternative investment funds	0	0	0	0	0	0	0	0	0	2	0	0	0	0	0	–	–	–	–
Non-bank lenders registered with RBI	–	–	–	–	14	11	11	11	11	10	10	9	7	7	6	6	6	6	5
Other financial institutions	–	–	–	–	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1
Other Indian institutions	–	–	–	–	0	0	0	0	0	1	1	1	1	1	1	0	0	0	0
	–	–	–	–	0	0	0	3	3	3	3	4	4	4	4	4	4	4	4
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4
Government-promoted companies	–	–	–	–	0	0	0	3	3	3	3	4	4	4	4	–	–	–	–
	–	–	–	–	6,21,056	6,19,445	6,07,518	6,00,688	5,83,877	5,92,126	6,04,439	6,33,394	6,54,307	6,34,471	6,36,251	6,42,578	6,47,642	6,45,370	6,47,758
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	6,04,794	6,03,298	5,91,624	5,93,174	5,76,437	5,84,572	5,96,781	6,25,792	6,46,664	6,26,770	6,28,469	6,34,771	6,39,803	6,37,546	6,39,942
Resident individuals, over ₹2 lakh at face value	–	–	–	–	369	403	387	414	421	405	368	370	392	393	416	437	452	450	489
Companies	–	–	–	–	2,208	2,211	2,123	2,085	2,172	2,270	2,253	2,157	2,151	2,135	2,063	2,038	2,032	2,025	1,981
Non-resident Indians	–	–	–	–	4,918	4,887	4,969	4,949	4,782	4,814	4,973	5,017	5,046	5,118	5,249	5,277	5,301	5,296	5,295
Foreign nationals	–	–	–	–	0	0	0	1	1	1	1	1	1	1	1	1	1	1	1
Foreign companies	–	–	–	–	5	5	5	5	5	5	5	4	4	4	4	4	4	4	4
Investor education fund	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Directors and their relatives	–	–	–	–	0	0	1	0	0	0	0	0	0	0	0	–	–	–	–
Key managers	–	–	–	–	0	0	0	0	0	0	1	1	0	0	0	–	–	–	–
Relatives of promoters	–	–	–	–	12	12	12	16	15	16	16	11	11	11	11	11	11	11	10
Trusts linked to the promoter group	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2
Trusts linked to the promoter group	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	–	–	–	–
	–	–	–	–	8,746	8,625	8,393	40	40	39	37	37	34	35	34	35	34	33	32
Bodies Corporate	–	–	–	–	1	1	1	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	164	111	80	–	–	–	–	–	–	–	–	–	–	–	–
Hindu undivided families	–	–	–	–	8,562	8,496	8,297	–	–	–	–	–	–	–	–	–	–	–	–
Trusts	–	–	–	–	20	17	16	–	–	–	–	–	–	–	–	–	–	–	–
Others	–	–	–	–	–	–	1	–	–	–	–	–	–	–	–	–	–	–	–
Office of the custodian the special court	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–
Hsbc securities service	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1

Jaiprakash Associates promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Mar 2026; the largest is JAYPEE INFRA VENTURES PRIVATE LIMITED, 28.04%. The filing names 34 more members with no shares.

Holder
JAYPEE INFRA VENTURES PRIVATE LIMITEDIndian companies, trusts and others	28.04%	68,83,06,042
LATE RAJ KUMAR SINGHIndividuals and Hindu undivided families	0.21%	50,43,241
LUCKYSTRIKE FINANCIERS PRIVATE LIMITEDIndian companies, trusts and others	0.15%	37,03,500
SUNIL DATTARAM KADKADENon-resident and foreign individuals	0.09%	20,97,373
SUDHIR DATTARAM KADKADENon-resident and foreign individuals	0.09%	20,95,624
URVASHI GAURIndividuals and Hindu undivided families	0.04%	9,45,006
MENKA JOSHIIndividuals and Hindu undivided families	0.04%	8,78,702
OJASWANI JOSHIIndividuals and Hindu undivided families	0.04%	8,78,702
SUREN JAINIndividuals and Hindu undivided families	0.02%	4,60,784
NITIN DUBEIndividuals and Hindu undivided families	0.01%	1,68,843
SHOBHA BUBEYIndividuals and Hindu undivided families	0.01%	1,68,846
VIREN JAINIndividuals and Hindu undivided families	0.01%	2,21,581
P K JAINIndividuals and Hindu undivided families	0.01%	1,36,082
MANOJ GAURIndividuals and Hindu undivided families	0.01%	1,75,900
NIVEDITA DUBENon-resident and foreign individuals	0.01%	1,68,843
NIDHI MEHTAIndividuals and Hindu undivided families	0.01%	1,68,843
SHIVA DIXITIndividuals and Hindu undivided families	0.00%	39,632
SHRAVAN JAINIndividuals and Hindu undivided families	0.00%	31,500
SHYAM KUMARI SINGHIndividuals and Hindu undivided families	0.00%	33,840
SONIA GUPTAIndividuals and Hindu undivided families	0.00%	1,07,437
SUNIL KUMAR SHARMAIndividuals and Hindu undivided families	0.00%	1,501
VARSHA SINGHIndividuals and Hindu undivided families	0.00%	10
VIJAY GAURIndividuals and Hindu undivided families	0.00%	21,736
VINOD SHARMAIndividuals and Hindu undivided families	0.00%	500
PEARTREE ENTERPRISES PVT LTDIndian companies, trusts and others	0.00%	795
ANJALI JAINIndividuals and Hindu undivided families	0.00%	750
ARCHANA SHARMAIndividuals and Hindu undivided families	0.00%	1,237
GYAN PRAKASH GAURIndividuals and Hindu undivided families	0.00%	36,046
JAIPRAKASH GAURIndividuals and Hindu undivided families	0.00%	1,00,424
LATE RAJENDER SINGHIndividuals and Hindu undivided families	0.00%	5,200
MADHAV SHARMAIndividuals and Hindu undivided families	0.00%	15,170
MAYANK SHARMAIndividuals and Hindu undivided families	0.00%	838
NANDITA GAURIndividuals and Hindu undivided families	0.00%	19,461
NEHA GOYALIndividuals and Hindu undivided families	0.00%	754
PEEYUSH SHARMAIndividuals and Hindu undivided families	0.00%	187
PRAVIN KUMAR SINGHIndividuals and Hindu undivided families	0.00%	53,864
RAKESH SHARMAIndividuals and Hindu undivided families	0.00%	1,562
RANVIJAY SINGHIndividuals and Hindu undivided families	0.00%	53,859
RASHI AGRAWALIndividuals and Hindu undivided families	0.00%	60,000
RITA DIXITIndividuals and Hindu undivided families	0.00%	5,711

No promoter shares are reported as pledged.

Largest public holders of Jaiprakash Associates, filing by filing

Per cent, on the same shares as the split above.

Holder	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	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	Mar 2026
ICICI Bank LimitedBanks	–	–	–	–	–	–	–	–	–	7.71%	7.71%	7.71%	7.71%	7.71%	7.71%	7.71%	7.71%	7.71%	7.71%
LIFE INSURANCE CORPORATION OF INDIAInsurance companies	1.63%	1.63%	1.63%	1.54%	In concert	In concert	1.17%	In concert	In concert	In concert	1.17%	1.17%	1.17%	1.17%	1.09%	1.09%	–	–	–
Mount Intra Finance Private LimitedCompanies	1.06%	1.06%	1.06%	1.14%	1.88%	1.88%	1.92%	1.92%	2.00%	2.10%	1.90%	1.12%	–	–	–	–	–	–	–
Jainam Broking LimitedCompanies	–	–	–	–	–	–	–	–	–	–	1.29%	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent. “In concert” is a filing that named the holder only among the persons acting in concert.

Jaiprakash Associates share price by year

Each calendar year to 2025.

Year	Close at year end	Change	Highest close	Lowest close
2025	3.61	−41.3%	5.84	2.70
2024	6.15	−68.9%	26.45	5.95
2023	19.80	+98.0%	22.40	6.65
2022	10.00	+0.5%	12.65	7.15
2021	9.95	+34.5%	15.55	6.75
2020	7.40	+279.5%	7.90	1.05
2019	1.95	−74.7%	7.75	1.95
2018	7.70	−70.4%	25.35	5.85
2017	26.00	+223.0%	29.55	8.20
2016	8.05	−32.4%	13.30	5.40

₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 10 trading days to 17 Mar 2026, as traded on BSE.

Date	Open	High	Low	Close	Average price	Volume
17 Mar 2026	2.42	2.42	2.42	2.42	2.42	33,61,941
16 Mar 2026	2.61	2.65	2.45	2.54	2.55	41,72,974
13 Mar 2026	2.79	2.80	2.54	2.57	2.70	76,53,362
12 Mar 2026	2.49	2.67	2.46	2.67	2.64	39,37,242
11 Mar 2026	2.54	2.55	2.50	2.55	2.55	44,39,200
10 Mar 2026	2.39	2.43	2.28	2.43	2.39	31,45,732
9 Mar 2026	2.35	2.49	2.32	2.32	2.34	57,73,492
6 Mar 2026	2.44	2.57	2.40	2.44	2.48	68,12,243
5 Mar 2026	2.47	2.60	2.47	2.47	2.49	81,97,647
4 Mar 2026	2.73	2.73	2.60	2.60	2.61	81,42,658

Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-date	Event	Price factor	What happened
5 Jul 2016	Price move	–	Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
3 Jun 2015	Price move	–	Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
17 Dec 2009	Price move	–	Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
7 Jan 2009	Price move	–	Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
17 Dec 2007	Price move	–	Between two trading sessions the price fell 47% or more, or rose 90% or more. The company made an announcement in time for trading that day or the trading day before. Earlier prices are not shown.

Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

BSE code: 532532
ISIN: INE455F01025
Industry: Construction
Former symbols: JPASSOCIAT
Website: www.jalindia.com
CIN: L14106UP1995PLC019017; Corporate identity number, the registrar of companies' code for it
Incorporated: 1995
Registered office: Sector 128, Noida 201304, Uttar Pradesh
Share registrar: Alankit Assignments Ltd; Keeps the register of shareholders and handles transfers and dividend payments