Let's break down Jaiprakash Associates Ltd. (JPASSOCIAT) — from its financial performance to how the market is valuing the stock.
Jaiprakash Associates Revenue Trend
Revenue fell 14.5% year-over-year to ₹5,796 Cr in FY2025 for Jaiprakash Associates Ltd..
A 11.5% annual revenue decline over 10 years is alarming. Jaiprakash Associates Ltd.'s top line went from ₹19,666 Cr to ₹5,796 Cr in that period.
In terms of scale, Jaiprakash Associates Ltd.'s ₹5,796 Cr in annual revenue positions it as a mid-sized construction company.
Looking at the year-on-year numbers, Jaiprakash Associates Ltd. has seen 3 years of unbroken revenue decline.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹5,796 Cr | -14.5% |
| FY2024 | ₹6,782 Cr | -9.1% |
| FY2023 | ₹7,458 Cr | -0.2% |
| FY2022 | ₹7,474 Cr | +13.5% |
| FY2021 | ₹6,585 Cr | — |
View Jaiprakash Associates Ltd.'s full 10-year revenue trend with CAGR analysis →
Jaiprakash Associates Profitability
Looking at per-share numbers, diluted EPS was ₹-11.17 in FY2025 — down from ₹-5.46.
Is Jaiprakash Associates Undervalued
Based on the P/E Ratio model, Jaiprakash Associates Ltd.'s fair value works out to **** — % from where it trades today.
Jaiprakash Associates Ltd. shares are currently trading at ₹2.42.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | N/A | N/A |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Jaiprakash Associates Ltd. with detailed assumptions →
Jaiprakash Associates Shareholding Pattern
Promoter holding decreased from 30.2% to 28.8% over the past 4 quarters.
The FII stake is at 0.3% as of March 2026, compared to 1.0% in the year-ago period.
On the domestic institutional side, the holding is 8.6% as of March 2026 — down from 8.9%.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 28.8% | 0.3% | 8.6% | 62.4% |
| Dec 2025 | 30.1% | 0.6% | 8.6% | 60.8% |
| Sep 2025 | 30.1% | 0.6% | 8.6% | 60.8% |
| Jun 2025 | 30.2% | 1.0% | 8.9% | 59.8% |
Track quarterly shareholding changes for Jaiprakash Associates Ltd. →
Jaiprakash Associates Balance Sheet
Proportional view as of 17 Mar 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹346.02B (down 4.3% YoY from ₹361.41B).
Top categories: Inventories (47.5%), Other Assets (24.5%), Property, Plant & Equipment (20.9%).
Of the ₹346.02B in liabilities and equity, 12.0% (deficit) is shareholder equity, 40.6% is interest-bearing debt, and 47.4% is operating liabilities. Over the year, debt is up 20.0% and equity is down 106.1%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 6.00B |
| Receivables | 12.19B |
| Inventories | 164.41B |
| Property, Plant & Equipment | 72.48B |
| Investments | 6.10B |
| Intangibles & Goodwill | 21.40M |
| Other Assets | 84.83B |
| Category | Value |
|---|---|
| Equity | -54.53B |
| Short-term Debt | 48.43B |
| Long-term Debt | 136.54B |
| Trade Payables | 20.97B |
| Other Liabilities | 194.61B |
Jaiprakash Associates Key Takeaways
Here's the bottom line on Jaiprakash Associates Ltd. (JPASSOCIAT) based on the latest available financials.
Revenue of ₹5,796 Cr in FY2025, down 14.5% year-over-year.
Long-term revenue has been contracting at 11.5% annually over 10 years.
The company reported a net loss of ₹2,741 Cr in FY2025.
Unlock Full Analysis
Get the complete view of Jaiprakash Associates Ltd. on Craytheon — 10 years of financials, three valuation models, and institutional holding trends.