JP Power share price today

Jaiprakash Power Ventures Ltd's share price was ₹13.78 at the close on 4 November 2026. It has been falling for 9 weeks. That is 17.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹13 and ₹22, and at that close it sat 12% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Jaiprakash Power Ventures Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 22 weeks running.

Over the last 11 years the share price moved +196% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: foreign funds (FIIs) raised their stake for 5 quarters in a row, operating margin up 10 points on a year earlier and revenue up on a year earlier for 5 quarters in a row.

1. Foreign funds (FIIs) raised their stake for 5 quarters in a row

   From 6.3% to 7% of the company by the September 2026 quarter.

2. Operating margin up 10 points on a year earlier

   43% in the September 2026 quarter, from 33%.

3. Revenue up on a year earlier for 5 quarters in a row

   In the September 2026 quarter revenue was ₹1,512 crore, +5.1% on a year earlier.

For July to September 2026 (the quarter ended 30 September 2026), JP Power reported revenue of ₹1,512 crore, up 5.1% from ₹1,438 crore a year earlier, and a profit of ₹33.0 crore, down 81.9% from ₹182 crore.

JP Power results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

JP Power closed at ₹13.78 on 4 November 2026, down 21.7% from ₹17.61 a year earlier (7 November 2025) and up 187.1% over five years. Its highest weekly close since March 2016 was ₹23.63 on 11 July 2025.

JP Power share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: JP Power closed at ₹13.78, up 8.3% on the week and down 6.9% on the month. Results for July to September 2026: Revenue up 5.1% and profit down 81.9% on a year earlier.

JP Power has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

Not in its latest year. Jaiprakash Power Ventures Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 2 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

JP Power is on 3 of our India lists: 52 week high & low, Penny stocks and Power & green energy stocks.

Jaiprakash Power Ventures Ltd earned ₹33.0 Cr of net profit in the Sep 2026 quarter, −81.9% on the same quarter a year earlier. Full-year FY26 profit was ₹451 Cr. That is 2.2% of the quarter's revenue. The same quarter a year earlier earned ₹182 Cr. 1 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹451 Cr (−44.6% on the year before).

Why profit moved: revenue changed +5.1% on a year earlier and the margin moved +10.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed −54.6% and revenue +4.7%. Profit is growing slower than sales: rising costs are taking part of the growth.

Jaiprakash Power Ventures Ltd reported ₹1,512 Cr of revenue in the Sep 2026 quarter, +5.1% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 10 years it has grown 3.1% a year on average. The last full year, FY26, came in at ₹5,563 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹5,778 Cr.

FY26 revenue was ₹5,563 Cr, +1.8% on the year before.

Recent pace: the last four quarters grew +4.7% on average, against 3.1% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +5.0%, against −7.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −33.6%, against −38.3% a year (accelerating).

Jaiprakash Power Ventures Ltd's operating margin was 43.0% in the Sep 2026 quarter, 10.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 19.0% and 71.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +10.7 percentage points on the year while gross margin changed +6.3 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 216% of Jaiprakash Power Ventures Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,301 Cr of operating cash against ₹451 Cr of profit. After ₹85.0 Cr of spending on assets, ₹1,216 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 216% of profit came in as cash: the cash cycle got 15 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Jaiprakash Power Ventures Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 72 days in FY26, down from 87 days in FY21. It spent ₹161 Cr on assets over the last 3 years. Customers take 72 days to pay, and stock sits for 49 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹5,563 Cr, each day of that cycle ties up about ₹15.2 Cr, so roughly ₹1,097 Cr is tied up in the business at any time.

FY26: customers took 72 days to pay and stock sat for 49 days, about 1.6 months of sales sitting as stock, for a full cycle of 72 days, shorter than FY21's 87.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 49 days. Customers pay about 72 days after that. Suppliers are paid at 28 days. Together that makes the 72-day cycle.

Spending on assets: ₹161 Cr over the last 3 years, against ₹1,408 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹277 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Jaiprakash Power Ventures Ltd's P/E is 7.9×, near the low end of its own history: it has been lower only 11% of the time. Its usual P/E (the middle reading) is 17.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.