Jaiprakash Power Ventures Limited (JPPOWER) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Jaiprakash Power Ventures Limited ₹16.28, price ₹14.80, upside +10.0%, quality 61 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Jaiprakash Power Ventures Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range ₹3.50 – ₹27.23 · fair‑value band ₹12.21 – ₹20.97 · the ₹14.80 price screens below the ₹16.28 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 2, 2026.
Follow Jaiprakash Power Ventures in your weekly email
Every Wednesday you see whether Jaiprakash Power Ventures is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Jaiprakash Power Ventures Limited engages in the power generation and cement grinding businesses in India. It generates electricity through thermal and hydro energy sources.
Show more
Jaiprakash Power Ventures Limited engages in the power generation and cement grinding businesses in India. It generates electricity through thermal and hydro energy sources. The company owns and operates a 400 megawatts (MW) Jaypee Vishnuprayag hydro-electric power plant at District Chamoli, Uttarakhand; 1320 MW Jaypee Nigrie thermal power plant at village Nigrie, district Singrauli, Madhya Pradesh; and 500 MW Jaypee Bina thermal power plant at village Sirchopi, district Sagar, Madhya Pradesh. In addition, it operates coal mine located in Amelia and Bandha Madhya Pradesh. The company was formerly known as Jaiprakash Hydro-Power Limited and changed its name to Jaiprakash Power Ventures Limited in December 2009. Jaiprakash Power Ventures Limited was incorporated in 1994 and is based in New Delhi, India.
Stock analysis
Jaiprakash Power Ventures Limited (JPPOWER) currently trades at ₹14.80, while our model-based Fair Value estimate is ₹16.28, implying the stock looks roughly 9.1% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of ₹25.40 per share, and 14 of the 24 models we run sit above the ₹14.80 price.
Bear case: the Economic Profit group reads lowest at ₹6.66, and 10 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹12.21 (bear) to ₹20.97 (bull), the price of ₹14.80 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 61/100 (solid quality), in the Utilities sector.
Mixed Growth: Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.
Jaiprakash Power Ventures Limited reported revenue of ₹55.6B in FY2026 versus ₹46.2B in FY2022, a compound +4.7%/yr. Reported net income was ₹4.5B in FY2026, compounding +43.1%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹136B (≈ $1.4B) · P/E ratio 21.1 · P/S ratio 1.71 · EPS (TTM) ₹0.7000 · Net margin 8.1% · Return on equity 3.6% · Return on assets (EBIT) 8.9% · Operating margin 36.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 35% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −32% fair-value upside, at 10%, JPPOWER screens cheaper than that median.
Fair Value models
Bear ₹12.21Fair Value ₹16.28Bull ₹20.97
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹0.3548 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+22.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+22.7%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.22.7% vs −0.2%, picking up
Profit margin 2004 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.69% → 16%
Start year 2021 (pandemic)
⚠ Revenue per share shrinking 2.6%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+7.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +3.0% a year for the price.
Compare Jaiprakash Power Ventures Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Independent Power Producers · 73 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside+18.0% · Above median
Profitability
Return on equity (TTM)3.6% · Below median
Return on assets3.2% · Above median
Net margin (TTM)8.1% · Below median
Operating margin (TTM)0.3% · Bottom 25%
Growth and dividend
Revenue growth3.4% · Above median
Balance sheet
Debt / equity0.23× · Below median
Valuation Multiplesvs Utilities - Independent Power Producers median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Jaiprakash Power Ventures Limited Fair Value". https://www.fairvalue-calculator.com/stock/JPPOWER
Frequently asked questions
Is Jaiprakash Power Ventures Limited (JPPOWER) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of ₹16.28 versus a price of ₹14.80, about +10% upside (undervalued).
What is the fair value of JPPOWER?
Our model-based fair value for Jaiprakash Power Ventures Limited is ₹16.28 (as of Oct 2, 2026), built from audited fundamentals. The current price: ₹14.80.
What is the quality score of JPPOWER?
Jaiprakash Power Ventures Limited has a Quality Score of 61/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Jaiprakash Power Ventures Limited (JPPOWER)?
Our model-based price target is the fair value of ₹16.28 (as of Oct 2, 2026) from 24 valuation models. Cautious scenario ₹12.21, optimistic scenario ₹20.97. It is a calculation from audited fundamentals, not an analyst target.
What is the Jaiprakash Power Ventures Limited stock forecast for 2026?
Our models put fair value at ₹16.28, about +10% upside versus a price of ₹14.80 (undervalued). Cautious scenario ₹12.21, optimistic scenario ₹20.97. The calculation is refreshed regularly with new filings.
What is the revenue of Jaiprakash Power Ventures Limited (JPPOWER)?
Jaiprakash Power Ventures Limited reported trailing-twelve-month revenue of about ₹57.6B (latest available figure, as of Oct 2, 2026).
What growth is priced into Jaiprakash Power Ventures Limited (JPPOWER)?
For today's price to be fair in a discounted-cash-flow model, Jaiprakash Power Ventures Limited would have to grow free cash flow by +7.3 % per year for five years (discount rate 12.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.0 % per year. As of Oct 2, 2026.
What discount rate (WACC) does the fair value of JPPOWER use?
Our models discount Jaiprakash Power Ventures Limited at 12.4 %: a base by market capitalisation (small), damped by beta 0.31, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Jaiprakash Power Ventures Limited that is +7.3 % per year a year over ten years, using the same discount rate (12.4 %) and the same formula as our fair value.
How much growth has Jaiprakash Power Ventures Limited (JPPOWER) delivered so far?
Over the past 5 years revenue at Jaiprakash Power Ventures Limited grew +11.0 % a year. The price currently implies +7.3 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Jaiprakash Power Ventures Limited (JPPOWER) growing?
The median revenue growth in the sector is +3.2 % a year. That is the yardstick for the growth priced into Jaiprakash Power Ventures Limited (+7.3 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Jaiprakash Power Ventures Limited (JPPOWER)?
The free-cash-flow yield on the price is 8.50 %: that much free cash flow Jaiprakash Power Ventures Limited produces per unit of market value. When it exceeds the discount rate of our models (12.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Jaiprakash Power Ventures Limited (JPPOWER)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Jaiprakash Power Ventures Limited it is ₹16.28 per share (as of Oct 2, 2026), against a price of ₹14.80. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Jaiprakash Power Ventures Limited stock overvalued or undervalued in 2026?
As of Oct 2, 2026, JPPOWER trades below its calculated fair value: price ₹14.80, fair value ₹16.28, a gap of about +10% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of JPPOWER?
No. The price is what the market pays today (₹14.80); the fair value is what the company's own numbers justify (₹16.28). For Jaiprakash Power Ventures Limited the two are ₹1.48 per share apart. That gap is exactly why we show both numbers side by side.
How much is Jaiprakash Power Ventures Limited worth?
The market values Jaiprakash Power Ventures Limited at about ₹136B (market capitalisation, as of Oct 2, 2026). Per share that is ₹14.80; our models calculate a fair value of ₹16.28 per share.
What do the bullish and bearish scenarios say about JPPOWER?
Our models span a range for Jaiprakash Power Ventures Limited: cautious scenario ₹12.21, base ₹16.28, optimistic ₹20.97 per share (as of Oct 2, 2026, price ₹14.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of JPPOWER?
Jaiprakash Power Ventures Limited trades at a price-to-earnings ratio of 21.1 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹16.28 is built from several models across several years. Other multiples: P/B 1.1, P/S 2.4, EV/EBITDA 10.5.
How solid is the balance sheet of Jaiprakash Power Ventures Limited (JPPOWER)?
Balance-sheet figures for Jaiprakash Power Ventures Limited (as of Oct 2, 2026): return on equity 3.6%, debt of 0.23 per unit of equity. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is JPPOWER from its 52-week high?
Jaiprakash Power Ventures Limited trades at ₹14.80, about 35% below its 52-week high of ₹22.87 and 11% above the low of ₹13.37 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹16.28 is for.
Which stocks are comparable to Jaiprakash Power Ventures Limited?
From the same area (Utilities) we also value Constellation Energy Corporation, Vistra Corp, Adani Power Limited, CGN Power Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Jaiprakash Power Ventures Limited stock attractive at the current price?
The data as of Oct 2, 2026: price ₹14.80, calculated fair value ₹16.28 (+10%), Quality Score 61/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of JPPOWER calculated?
We run Jaiprakash Power Ventures Limited through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹16.28, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Jaiprakash Power Ventures Limited currently trades 9 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Jaiprakash Power Ventures Limited (JPPOWER)?
The closing price on Oct 1, 2026 was ₹14.80. Our model-based fair value is ₹16.28, about +10% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Jaiprakash Power Ventures Limited right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Jaiprakash Power Ventures Limited
How large is the market capitalisation of Jaiprakash Power Ventures Limited (JPPOWER)?
The market capitalisation of Jaiprakash Power Ventures Limited is ₹136B (≈ $1.4B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Jaiprakash Power Ventures Limited (JPPOWER)?
The price-to-sales ratio of Jaiprakash Power Ventures Limited is 1.71 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Jaiprakash Power Ventures Limited (JPPOWER)?
Earnings per share at Jaiprakash Power Ventures Limited are ₹0.7000 (price ÷ EPS = P/E 21.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Jaiprakash Power Ventures Limited (JPPOWER)?
The net margin of Jaiprakash Power Ventures Limited is 8.1% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Jaiprakash Power Ventures Limited (JPPOWER)?
The return on equity (ROE) of Jaiprakash Power Ventures Limited is 3.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Jaiprakash Power Ventures Limited (JPPOWER)?
On an EBIT basis the return on assets of Jaiprakash Power Ventures Limited is 8.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Jaiprakash Power Ventures Limited (JPPOWER)?
The operating margin of Jaiprakash Power Ventures Limited is 36.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Jaiprakash Power Ventures Limited (JPPOWER)?
Revenue at Jaiprakash Power Ventures Limited is growing +12.2% versus a year earlier (3y avg −1.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Jaiprakash Power Ventures Limited (JPPOWER)?
Earnings per share at Jaiprakash Power Ventures Limited are growing +67.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Jaiprakash Power Ventures Limited (JPPOWER) carry?
The net debt of Jaiprakash Power Ventures Limited is ₹13.8B (fiscal year 2026, ≈ 1.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Jaiprakash Power Ventures Limited in the live analysis
One click puts Jaiprakash Power Ventures Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
