The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
SJVN Limited is an India-based company, which is principally engaged in electricity generation and sale of electricity. It is also engaged in providing consultancy services and power transmission. It provides consultancy services to hydro electric projects and infrastructure…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, reasonably priced.
SJVN is scored on the commodity / cyclical framework. It keeps a healthy 13.6% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.90× reported profit. Free cash flow is worth about -7.2% of its market value.
Over the last 3 years revenue compounded at 13%/yr and profit at -22%/yr. Book value has been broadly flat (0.9%/yr). Return on equity is a weak 6.6%. In the latest quarter profit grew 193% versus the prior quarter.
At 35× earnings, the stock sits at the 32nd percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~11%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 22.69 | — | — |
| P/B | 1.5 | 2.57 | better |
| EV/EBITDA | 12.49 | 28.83 | better |
| ROE | 6.6 | 11.41 | worse |
| ROCE | 6.22 | 9.82 | worse |
| ROA | 1.83 | — | — |
| Quick Ratio | 0.62 | 1.98 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Adani Power | 21.1 | 5.1 | 23.7% |
| NTPC | 10.3 | 1.5 | 13.9% |
| Power Grid Corp | 14.9 | 2.3 | 15.2% |
13% CAGR over 3 years — steady double-digit compounder. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (13% vs -22%) — costs are rising faster than the top line.
Operating margin has compressed from 53% to 25% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 5% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 5pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -22% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.9× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 60% sequentially — momentum is building. Wide quarterly swings (51% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 39% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 193% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (20% → 29%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 81.8% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.