SJVN(NSE: SJVN) has been involved with the generation of power in the countries that are India’s neighbors, such as Nepal, Himachal Pradesh, Uttarakhand, Bihar, Maharashtra, Uttar Pradesh, Punjab, Arunachal Pradesh, Gujarat, Rajasthan, Assam, Odisha, Mizoram and Madhya Pradesh.
The company generates electricity from both hydro and solar sources.
The Company Got A Big Order
The company told the exchange that it has signed an agreement with J&K Power Corporation. The company plans to install a 300MW photovoltaic power station.
The Rapid Rise In The Stock Continues
The stock has increased by 50 percent in three months, 283 percent in one year, and 400 percent in three years.
The company paid a dividend amounting to Rs 1.15 per share in the last week.
The government’s stake in the company is 81.85 percent. There has not been much change in this.
As of September 2023, the stake was 0.91 percent. In the same period, it rose to 1.68 percent during the December quarter.
About SJVN Company
SJVN Ltd. (Satluj Jal Vidyut Nigam Limited) was established on May 24, 1988, by way of a joint venture between the Government of Himachal Pradesh and the Government of India.
It’s involved in the generation and selling power to plan, research, and organize, then execute and run.
It manages Hydroelectric power projects as well as ventures in Thermal and Wind Power Generation.
The business is located in Himachal Pradesh. It has projects in the states of Uttrakhand, Bihar, Rajasthan, and Arunachal Pradesh, as well as in Nepal and Bhutan.
Its operations are focused on projects that include the production of thermal energy, solar power, wind power, and transmission of power.
Fundamental Analysis of SJVN
| Market Cap | ₹ 48,120 Cr. |
| Current Price | ₹ 120.75 |
| 52-wk High | ₹ 170 |
| 52-wk Low | ₹30.4 |
| Stock P/E | 53.8 |
| Book Value | ₹ 36.5 |
| Dividend | 1.43 % |
| ROCE | 9.27 % |
| ROE | 10.3 % |
| Face Value | ₹ 10.0 |
| P/B Value | 3.33 |
| OPM | 66.8 % |
| EPS | ₹ 2.21 |
| Debt | ₹ 17,058 Cr. |
| Debt to Equity | 1.19 |
SJVN Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 112 | ₹ 134 |
| 2025 | ₹ 138 | ₹ 145 |
| 2026 | ₹ 155 | ₹ 168 |
| 2027 | ₹ 172 | ₹ 258 |
| 2028 | ₹ 300 | ₹ 315 |
| 2029 | ₹ 385 | ₹ 400 |
| 2030 | ₹ 415 | ₹ 442 |
SJVN Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 86.77% |
| Mar 2023 | 86.77% |
| June 2023 | 86.77% |
| Sept 2023 | 81.85% |
| Dec 2023 | 81.85% |
| FII Holding | |
| Dec 2022 | 2.31% |
| Mar 2023 | 1.75% |
| June 2023 | 1.40% |
| Sept 2023 | 1.91% |
| Dec 2023 | 1.68% |
| DII Holding | |
| Dec 2022 | 3.81% |
| Mar 2023 | 4.06% |
| June 2023 | 4.32% |
| Sept 2023 | 5.74% |
| Dec 2023 | 5.97% |
| Public Holding | |
| Dec 2022 | 7.11% |
| Mar 2023 | 7.41% |
| June 2023 | 7.41% |
| Sept 2023 | 11.51% |
| Dec 2023 | 10.51% |
SJVN Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 2,645 Cr |
| 2020 | ₹ 2,703 Cr |
| 2021 | ₹ 2,485 Cr |
| 2022 | ₹ 2,417 Cr |
| 2023 | ₹ 2,600 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 1,367 Cr |
| 2020 | ₹ 1,567 Cr |
| 2021 | ₹ 1,646 Cr |
| 2022 | ₹ 990 Cr |
| 2023 | ₹ 868 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.17 |
| 2020 | 0.16 |
| 2021 | 0.15 |
| 2022 | 0.52 |
| 2023 | 1.01 |
Last 10 Years’ Profit Growth:
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | -1% |
| Current Year: | -34% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 12% |
| 5 Years: | 12% |
| 3 Years: | 11% |
| Last Year: | 10% |
Sales Growth Over 10 Years:
| 10 Years: | 6% |
| 5 Years: | 6% |
| 3 Years: | 3% |
| Current Year: | -6% |
Company’s Positive Signs:
- The company has maintained an enviable dividend of 57.1 percent.
- The days of the company debtors have increased by a factor of 66.0 days to 34.4 days.
Company’s Negative Signs:
- The company has had the lowest sales growth of 5.69 percent over the past five years.
- The company has posted an unsatisfactory return to equity (ROE) of 11.0 percent over the past three years.
- The company may benefit from the interest expense.
- The stock has been trading for 3.04 times the book value.
Conclusion
This article is a complete guide about SJVN Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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