Jaypee Infratech (Delisted) share price

BSE: 533207Construction

Jaypee Infratech Limited · Face value ₹10 · Listed May 2010

Last traded ₹1.25 on 6 Mar 2023

Delisted on 21 Feb 2025.

Last announcements

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

  1. Mar 2025

  2. Feb 2025

    • 14 Feb · Delisting

      Members of the Exchange are hereby informed about the Delisting of Equity shares of Jaypee Infratech Limited w.e.f. February 21, 2025, pursuant to the Resolution Plan approved by Hon'ble National Company Law Tribunal (NCLT) New Delhi, Special Bench under Section 30(6) and Section 31 of the Insolvency and Bankruptcy Code (IBC), 2016.

Share price history

Daily closes since May 2010, BSE closes May 2010 to Jul 2010, adjusted for splits and bonuses

Daily close, ₹ per share

Q3 results, quarter to Dec 2024

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹1,317 Cr+502.6% on a year ago · +434.8% on the quarter before
Operating profit
₹852 Cr+775.9% on a year ago · +877.5% on the quarter before
Net profit
₹1,366 Cr+1,384.0% on a year ago · +1,372.5% on the quarter before
Earnings per share
₹40.52+2,283.5% on a year ago · +2,565.8% on the quarter before
Operating margin
64.7%
Net margin
103.7%

From revenue to net profit, ₹ crore

  1. Revenue1,317
  2. Materials and goods−382
  3. Employee costs−18
  4. Other expenses−65
  5. Operating profit852
  6. Depreciation−25
  7. Other income+37
  8. One-off items+514
  9. Finance costs−1.8
  10. Profit before tax1,377
  11. Tax−11
  12. Net profit1,366

Jaypee Infratech results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2024. Results for the quarter to Mar 2025 were due by 30 May 2025, 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
235−698Mar 22274−551Jun 22181−611Sep 22216−603Dec 222224,118Mar 2321588Jun 2320873Sep 2321992Dec 23310−68Mar 24421108Jun 2424693Sep 241,3171,366Dec 24
Peak revenue ₹1,317 Cr, quarter to Dec 2024; lowest ₹181 Cr, quarter to Sep 2022A loss in 5 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
1,853.8%−338.0%−31.6%38.5%41.7%48.2%54.0%44.9%37.3%44.5%29.7%25.4%35.4%64.7%−297.3%−201.5%−338.0%−279.7%1,853.8%41.0%35.1%42.1%−21.9%25.6%37.7%103.7%Mar 22Sep 22Mar 23Sep 23Mar 24Sep 24Dec 24
₹ croreMar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021Jun 2021Q1Sep 2021Dec 2021Q3Mar 2022Jun 2022Q1Sep 2022Dec 2022Q3Mar 2023Jun 2023Q1Sep 2023Dec 2023Q3Mar 2024Jun 2024Q1Sep 2024Dec 2024Q3
Revenue from operations315811531891891491772122352741812162222152082193104212461,317
647581009953693173115309168105112102119131121218314159465
Materials and goods bought247397376796887981621457888839410191172282128382
Employee costs97889788889999101010111218
Other expenses391121815448177991391518151116192035211865
Operating profit before depreciation−332235490−34656496−74105751041209778979210787852
Operating margin−105.6%28.0%35.1%47.7%−182.9%37.7%2.4%45.5%−31.6%38.5%41.7%48.2%54.0%44.9%37.3%44.5%29.7%25.4%35.4%64.7%
Depreciation and amortisation126121615121316141513710616141730201925
Other income10112252335578101217202637
Finance costs4764815085235325575856066146456777051630000012
Profit before one-off items and tax−819−465−465−448−891−511−588−524−698−551−611−603−1428873928010893862
One-off items0000000000004,336000000514
Profit before tax−819−465−465−448−891−511−588−524−698−551−611−6034,19388739280108931,377
9000000000000760001480011
Tax rate––––––––––––1.8%0.0%0.0%0.0%184.5%0.0%0.0%0.8%
Net profit−909−465−465−448−891−511−588−524−698−551−611−6034,118887392−68108931,366
Other comprehensive income00000000000000000000
Total comprehensive income−909−465−465−448−891−511−588−524−698−551−611−6034,118887392−68108931,366
Net margin−288.8%−576.1%−303.0%−237.0%−470.9%−341.9%−331.6%−247.3%−297.3%−201.5%−338.0%−279.7%1,853.8%41.0%35.1%42.1%−21.9%25.6%37.7%103.7%
Earnings per share−₹6.54−₹3.34−₹3.35−₹3.22−₹6.42−₹3.68−₹4.24−₹3.77−₹5.03−₹3.97−₹4.40−₹4.34–₹1.63₹1.35₹1.70−₹1.25₹1.94₹1.52₹40.52
Earnings per share in rupees, restated for later splits and bonuses.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
3,248355Mar 152,800−243Mar 16962−876Mar 17−74−1,818Mar 181,292−1,3266,602Mar 191,585−2,1436,222Mar 20612−2,2695,667Mar 21773−2,3218,458Mar 228922,3530Mar 239521850Mar 24
Peak revenue ₹3,248 Cr, year to Mar 2015; lowest −₹74 Cr, year to Mar 2018A loss in 7 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
2,458.6%−370.5%41.3%21.4%−37.8%906.3%21.5%−13.9%−29.4%10.7%45.3%38.2%10.9%−8.7%−91.1%2,458.6%−102.6%−135.2%−370.5%−300.1%263.8%19.5%Mar 15Mar 17Mar 19Mar 21Mar 23Mar 24

Results for the year to Mar 2024

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue952
  2. Materials and goods−459
  3. Employee costs−39
  4. Other expenses−90
  5. Operating profit364
  6. Depreciation−77
  7. Other income+47
  8. One-off items0.0
  9. Finance costs+0.1
  10. Profit before tax334
  11. Tax−148
  12. Net profit185

What the company owns

  • Plant, investments and other assets₹10,642 Cr
  • Inventory₹9,880 Cr
  • Cash and bank₹1,144 Cr
  • Receivables₹39 Cr

What pays for it: net worth and liabilities

  • Other liabilities₹11,042 Cr
  • Net worth₹10,551 Cr
  • Owed to suppliers₹112 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Dec 2024, the latest four quarters added.

₹ croreMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Dec 2024Twelve months
Revenue from operations3,2482,800962−741,2921,5856127738929522,295
1,9072,2021,3265961,0151,8057926914875881,156
Materials and goods bought––1,2304878981,324268415394459965
Employee costs––343434353132353951
Other expenses––6276834474932445990140
Operating profit before depreciation1,341598−364−670278−220−180834043641,138
Operating margin41.3%21.4%−37.8%906.3%21.5%−13.9%−29.4%10.7%45.3%38.2%49.6%
Materials, % of revenue––127.8%–69.5%83.5%43.8%53.6%44.1%48.2%42.0%
Employee costs, % of revenue––3.6%–2.6%2.2%5.0%4.1%3.9%4.1%2.2%
Other expenses, % of revenue––6.4%–6.4%28.2%80.5%31.6%6.6%9.5%6.1%
Depreciation and amortisation28344141514949541427793
Operating profit after depreciation1,312564−405−711227−269−228282632871,046
Other income108412034132047100
Finance costs8949188411,1191,5311,7862,0442,3622,19003
Profit before one-off items and tax429−347−1,242−1,818−1,304−2,053−2,269−2,321−1,9073341,143
One-off items––––00004,3360514
Profit before tax429−347−1,242−1,818−1,304−2,053−2,269−2,3212,4293341,658
74−104−366–22900076148159
Net profit355−243−876−1,818−1,326−2,143−2,269−2,3212,3531851,498
Other comprehensive income––––0000000
Total comprehensive income––––−1,326−2,143−2,269−2,3212,3531851,498
Net margin10.9%−8.7%−91.1%2,458.6%−102.6%−135.2%−370.5%−300.1%263.8%19.5%65.3%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2015 and Mar 2016 they do not, so they are left blank.
Earlier years, Mar 2010 to Mar 2014
₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014
Revenue from operations6412,7793,1563,2743,319
Operating expenses–968–1,7982,016
Operating profit before depreciation–1,811–1,4771,302
Operating margin–65.2%–45.1%39.2%
Depreciation and amortisation169–1521
Operating profit after depreciation–1,802–1,4621,281
Other income1220131813
Finance costs–863612894
Profit before tax5871,8151,597868400
Tax100380308174101
Net profit4871,4351,290694299
Net margin76.1%51.6%40.9%21.2%9.0%
Standalone, ₹ crore, years to March.

Balance sheet

Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2024, after the latest full year: the balance sheet at its end.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024Half year
1,172−971−3,240−5,56110,36610,55110,751
Share capital1,3891,3891,3891,38900125
Reserves−217−2,360−4,629−6,95010,36610,55110,626
6,6026,2225,6678,45800125
16,33017,64820,33223,3969,1539,1038,887
6,8176,7776,2235,6801,9072,0512,169
24,31923,45423,31523,51521,42621,70521,808
10,62610,4789,98410,03510,06610,0199,874
13,69312,97513,33113,48011,35911,68611,934
Net debt6,5706,1125,3648,041−480−1,144−1,391
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 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2024, after the latest full year: the cash flow over its six months.

₹ croreMar 2021Mar 2022Mar 2023Mar 2024Sep 2024Half year
195212−5,020628211
195219−5,003671255
−60−58−5,34841319
Receivables16−3336920
Inventories−122−1096,535−251194
Payables139116−848−44−27
Other working capital−94−33−11,070615−148
Capital spending17845
Free cash flow194205−5,028624206
−1−97−333738
005,1150124
Dividends paid00000
Shares bought back001,38900
Shares issued001250125
Net change in cash19411563665373
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 2015, Mar 2016, Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Earnings per share₹2.56−₹1.75−₹6.31−₹13.09−₹9.54−₹15.43−₹16.33−₹16.71₹17.65₹3.42
Diluted earnings per share₹2.56−₹1.75−₹6.31−₹13.09−₹9.54−₹15.43−₹16.33−₹16.71₹17.65₹3.42
Book value per share––––₹8.43−₹6.99−₹23.33−₹40.04₹74.63₹75.97
Shareholder yield––––––0.0%0.0%727.9%–
Market cap at the year end (₹ crore)2,3201,1531,465–34090222382174–

Ratios

Standalone, years to March.

RatioMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Revenue growth−2.1%−13.8%−65.6%––22.6%−61.4%26.3%15.3%6.7%
Operating profit growth2.9%−55.4%––––––388.8%−10.1%
Net profit growth18.7%––––––––−92.1%
Earnings per share growth–––––––––−80.6%
––––−113.2%−2,139.4%107.7%52.7%97.9%1.8%
–––––−2,026.3 pts2,247.2 pts−55.0 pts45.2 pts−96.2 pts
From the net margin–––––−36.0 pts−3,723.5 pts−20.5 pts−99.1 pts−90.7 pts
From asset turnover–––––−37.1 pts3,549.3 pts22.8 pts−9.4 pts0.8 pts
From borrowing–––––−1,953.2 pts2,421.4 pts−57.3 pts153.7 pts−6.3 pts
Return on capital employed––––2.9%−5.1%−9.4%1.0%2.5%2.7%
Cash conversion––––––––−213.3%338.8%
Interest cover1.50.6––0.1––0.00.1−2,203.8
Debt to equity––––5.64–––0.000.00
Receivable days––––13747123765315
Inventory days––––5,0273,19815,93910,4098,9327,854
Payable days––––2802061,20588114489
Cash conversion cycle, days––––4,8843,04014,8579,6038,8417,779
Working capital days––––−754−1,102−4,354−3,252706552
Asset turnover––––0.050.070.030.030.040.04
Assets per rupee of net worth––––20.76238.49−11.11−5.329.352.06
Sales per rupee of plant––––120.67181.1381.2061.5849.3053.91
Capital spending to depreciation––––––0.020.140.060.06
Plant being built, % of plant in use–––––0.0%0.0%4.4%0.0%5.0%
Interest cover is left blank for the years to Mar 2017, Mar 2018, Mar 2020 and Mar 2021: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the years to Mar 2020, Mar 2021 and Mar 2022: net worth is below zero, so there is no shareholders' money to set the borrowings against. No balance sheet is on record for the years to Mar 2015, 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

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2024.

Return on assets, latest year
0.9%
Cash from operations against operating profit
172.7%
Measure10 years5 years3 years
Revenue growth, yearly rate−11.7%−5.9%15.9%
Profit growth, yearly rate−4.7%––
Return on equity, average–−375.8%50.8%
Return on capital employed, average–−1.7%2.1%
Operating margin, average100.4%10.2%31.4%
Net margin, average174.5%−104.5%−5.6%
Asset turnover, average–0.040.04
Cash conversion cycle, days, average–8,8248,741
Interest cover, average––−734.6
Debt to equity, average––0.00

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2024.

₹ crore3 yearsLatest year
Cash from operations−4,179628
Cash from investing−9337
Cash from financing5,1140
Capital spending204
Dividends paid00
Shares bought back1,3890
Shares issued for cash1250
Borrowings raised00
Borrowings repaid8,4920

Accounting checks

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

CheckMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Effective tax ratePublished threshold 17.16 per cent17.22–––––––––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2024 the company reports one business segment, YAMUNA EXPRESSWAY PROJECT, which carries all its revenue.

Who owns Jaypee Infratech, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2021; the latest is the filing for Dec 2024.

Dec 2024 filing

  • Promoters100.00%
  • Foreign institutionsNone
  • Indian institutionsNone
  • GovernmentsNone
  • Individuals and othersNone

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Governments
  • Individuals and others
100.00%0.00%60.98%60.98%60.98%60.98%60.98%60.98%60.98%100.00%100.00%100.00%0.00%0.00%0.00%0.00%3.41%3.45%3.45%3.45%3.45%3.45%3.45%0.00%0.00%0.00%0.00%0.00%0.00%35.61%35.57%35.57%35.57%35.57%35.57%35.57%0.00%0.00%0.00%Sep 22Mar 23Sep 23Mar 24Sep 24Dec 24
Per centSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%100.00%100.00%100.00%
Indian promoters60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%60.98%100.00%100.00%100.00%
39.02%39.02%39.02%39.02%39.02%39.02%39.02%39.02%39.02%39.02%39.02%0.00%0.00%0.00%
Promoter shares pledgedShare of the promoters' own shares83.63%83.63%83.63%83.63%83.63%83.63%83.63%83.63%83.63%83.63%83.63%0.00%0.00%0.00%
Shares in issue1,38,89,33,4971,38,89,33,4971,38,89,33,4971,38,89,33,4971,38,89,33,4971,38,89,33,4971,38,89,33,4971,38,89,33,4971,38,89,33,4971,38,89,33,4971,38,89,33,49712,50,00,00012,50,00,00012,50,00,000
Shares underlying depositary receipts00001,0001,0001,0001,010000000
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 Jaypee Infratech shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

1,75,973Sep 211,98,086Dec 212,40,579Mar 222,39,606Jun 222,40,897Sep 222,37,200Dec 222,33,524Mar 232,33,469Jun 232,33,420Sep 232,33,383Dec 232,33,317Mar 241Jun 241Sep 241Dec 24
ShareholdersSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
All shareholders1,75,9731,98,0862,40,5792,39,6062,40,8972,37,2002,33,5242,33,4692,33,4202,33,3832,33,317111
11111111111111
Indian promoters11111111111111
1,75,9721,98,0852,40,5782,39,6052,40,8952,37,1982,33,5222,33,4662,33,4192,33,3822,33,316000
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. A dash is a line the filing did not state.

Jaypee Infratech 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 Dec 2024; the largest is Lakshdeep Infratstructure and Holding Private Limited, 100.00%. The filing names 1 more member with no shares.

Holder
Lakshdeep Infratstructure and Holding Private LimitedIndian companies, trusts and others100.00%12,50,00,00000.00%
Pledged is the share of the holder's own shares pledged to a lender. In demat is the part of the holding kept electronically; the rest is paper certificates.

Largest public holders of Jaypee Infratech, filing by filing

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

HolderSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
LIFE INSURANCE CORPORATION OF INDIAInsurance companies2.44%2.44%2.44%2.44%2.44%2.44%2.44%2.44%2.44%2.44%2.44%–––
BENNETT, COLEMAN AND COMPANY LIMITEDCompanies1.08%1.08%1.08%1.08%1.08%1.08%1.08%1.08%1.08%1.08%1.08%–––
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.

Jaypee Infratech share price by year

Each calendar year to 2023.

YearClose at year endChangeHighest closeLowest close
20231.25−30.6%1.751.15
20221.80−45.5%4.651.70
20213.30+61.0%3.851.40
20202.05+36.7%2.500.45
20191.50−60.5%3.901.00
20183.80−84.0%24.702.20
201723.80+221.6%24.407.50
20167.40−42.2%13.155.40
201512.80−40.3%22.5511.65
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2023 close is its last trade, on 6 Mar 2023.

Recent sessions

The 10 trading days to 6 Mar 2023, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
6 Mar 20231.301.301.201.251.249,17,231
3 Mar 20231.251.251.201.251.256,33,815
2 Mar 20231.201.251.151.201.217,71,958
1 Mar 20231.151.201.101.201.185,42,639
28 Feb 20231.151.251.151.151.177,36,088
27 Feb 20231.301.301.201.201.247,53,681
24 Feb 20231.201.251.151.251.215,23,922
23 Feb 20231.251.251.201.201.217,57,708
22 Feb 20231.251.351.251.251.267,62,264
21 Feb 20231.351.401.301.301.326,03,081
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
533207
ISIN
INE099J01015
Industry
Construction
Former symbols
JPINFRATEC
Website
www.jaypeeinfratech.com
CIN
L45203UP2007PLC033119
Corporate identity number, the registrar of companies' code for it
Incorporated
2007
Registered office
Sector - 128, District Gautam Budh Nagar, Noida 201304, Uttar Pradesh
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments