Jaiprakash Associates Share price Target 2024, 2025, 2026 To 2030

Jaiprakash Associates Limited is a diversified conglomerate excelling in multiple sectors including engineering and construction, cement manufacturing, power generation, real estate development, hospitality, and sports. Renowned for its extensive expertise and commitment to quality, the company has played a pivotal role in shaping India’s infrastructure landscape. With a robust portfolio of projects and ventures, Jaiprakash Associates continues to be a key player in driving economic growth and development.

In this article, we’ll discuss everything about the company, exploring its various business segments, notable achievements, and contributions to different industries.

About Jaiprakash Associates

In FY22, Jaiprakash Associates Limited demonstrated its diversified revenue streams with fertilizers contributing 37%, construction 33.5%, cement 22%, real estate/infrastructure 4%, hotel and hospitality 3%, and other sectors making up 0.5% of the total revenue. The company’s operations are predominantly domestic, accounting for 89% of its revenue, while international markets contribute 11%.

A significant subsidiary, Kanpur Fertilizers & Chemicals Limited, is pivotal in its fertilizer segment, specializing in urea production. This facility boasts three urea and ammonia streams, four bagging lines, two boilers with a capacity of 70 TPH each, one boiler with a capacity of 35 TPH, and an AFBC boiler. It also features a hydrolyzer stripper unit for nitrogenous effluent treatment and an effluent treatment plant (ETP), underscoring its commitment to efficient and sustainable manufacturing practices. This diverse and robust infrastructure supports Jaiprakash Associates Limited’s position as a leading conglomerate in India.

NCLAT Declines Stay on Jaiprakash Associates’ Insolvency Process

The National Company Law Appellate Tribunal (NCLAT) has refused to stay the insolvency resolution process for Jaiprakash Associates Limited, despite an appeal from suspended director Sunil Kumar Sharma. The Interim Resolution Professional assured that neither the company’s 25,000 employees nor ongoing projects would be impacted, as the company would continue operating. Jaiprakash Associates owes over Rs 30,000 crore to various banks, including Rs 1,200 crore to ICICI Bank. The company had proposed a one-time settlement offer, but insolvency proceedings were initiated before a decision was reached. The case will be heard again on June 24.

How to Purchase Jaiprakash Associates Shares in India?

Below are the trading platforms that you can use to purchase Jaiprakash Associates shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Jaiprakash Associates Share Price Target 2024 – 2030

Jaiprakash Associates Share Price Target 2024

When	Maximum Price	Minimum Price
June 2024	12.31	10.71
July 2024	12.19	10.60
August 2024	12.68	11.02
September 2024	13.18	11.46
October 2024	12.92	11.24
November 2024	13.31	11.58
December 2024	13.65	11.87

Jaiprakash Associates’ share price targets for 2024 show a gradual upward trend, with June’s maximum price at ₹12.31 and December’s at ₹13.65. The minimum price projections follow a similar pattern, starting at ₹10.71 in June and reaching ₹11.87 by December. The company’s market capitalization stands at ₹2,806 crore, with the current share price at ₹11.4 as of June 14, 2024.

The stock’s high and low over the past year are ₹27.2 and ₹7.50, respectively. Despite a negative book value of ₹-10.6 and a 0.00% dividend yield, the Return on Capital Employed (ROCE) is 3.15%, indicating modest operational efficiency.

Jaiprakash Associates Share Price Target 2025

When	Maximum Price	Minimum Price
January 2025	13.92	10.71
February 2025	14.28	10.98
March 2025	14.83	11.41
April 2025	14.54	11.19
May 2025	14.12	10.86
June 2025	14.75	11.35
July 2025	14.46	11.13
August 2025	14.91	11.47
September 2025	15.43	11.87
October 2025	15.83	12.18
November 2025	16.23	12.48
December 2025	16.64	12.80

Jaiprakash Associates’ share price targets for 2025 show a steady increase, with a maximum of ₹16.64 and a minimum of ₹12.80 in December. Their subsidiary, Kanpur Fertilizers & Chemicals Limited, is a major player in urea production, featuring advanced facilities and sustainable practices. The group, including JPVL, boasts an installed cement capacity of 10.58 MTPA and 339 MW of captive power.

Jaiprakash Associates Share Price Target 2026

When	Maximum Price	Minimum Price
January 2026	17.13	13.18
February 2026	17.57	13.52
March 2026	18.26	14.05
April 2026	17.90	13.77
May 2026	17.38	13.37
June 2026	18.16	13.97
July 2026	17.81	13.70
August 2026	18.36	14.12
September 2026	19.00	14.61
October 2026	19.49	14.99
November 2026	19.98	15.37
December 2026	20.48	15.75

Jaiprakash Associates’ share price targets for 2026 indicate a continued upward trend, with a maximum of ₹20.48 and a minimum of ₹15.75 in December. The company, which had a total debt of ₹19,097 crore as of FY22, underwent a deep debt restructuring approved by lenders in June 2017. The outstanding debt of ₹31,646 crore was reclassified into sustainable and unsustainable categories, leading to the execution of a Master Restructuring Agreement in October 2017. Despite these efforts, there have been delays in servicing the restructured debt since December 2018, reflecting ongoing financial challenges for the company.

Jaiprakash Associates Share Price Target 2027

When	Maximum Price	Minimum Price
January 2027	20.89	16.07
February 2027	21.43	16.48
March 2027	22.26	17.12
April 2027	21.82	16.79
May 2027	21.19	16.30
June 2027	22.14	17.03
July 2027	21.71	16.70
August 2027	22.38	17.22
September 2027	23.16	17.82
October 2027	23.77	18.28
November 2027	24.36	18.74
December 2027	24.97	19.21

Jaiprakash Associates’ share price targets for 2027 reflect a positive trajectory, with a maximum of ₹24.97 and a minimum of ₹19.21 in December. The company’s promoters have pledged 20% of their holdings as of December 2021, indicating a significant level of commitment to securing financial stability.

However, the company faces substantial financial challenges, with contingent liabilities amounting to ₹7,470 crore as of March 2021. Despite these hurdles, the company’s projected share prices suggest confidence in its ability to navigate financial restructuring and operational improvements, reflecting potential investor optimism about its future performance.

Jaiprakash Associates Share Price Target 2028

When	Maximum Price	Minimum Price
January 2028	25.47	19.59
February 2028	26.12	20.09
March 2028	27.14	20.88
April 2028	26.61	20.47
May 2028	25.83	19.87
June 2028	26.99	20.77
July 2028	26.47	20.36
August 2028	27.28	20.99
September 2028	28.24	21.72
October 2028	28.97	22.29
November 2028	29.70	22.84
December 2028	30.44	23.42

• January 2028: ₹19.59 (Minimum)
• December 2028: ₹30.44 (Maximum)

Jaiprakash Associates Share Price Target 2029

When	Maximum Price	Minimum Price
January 2029	31.05	23.88
February 2029	31.84	24.50
March 2029	33.09	25.45
April 2029	32.44	24.95
May 2029	31.49	24.23
June 2029	32.91	25.32
July 2029	32.27	24.82
August 2029	33.26	25.59
September 2029	34.43	26.48
October 2029	35.32	27.17
November 2029	36.21	27.85
December 2029	37.11	28.55

• January 2029: ₹23.88 (Minimum)
• December 2029: ₹37.11 (Maximum)

Jaiprakash Associates Share Price Target 2030

When	Maximum Price	Minimum Price
January 2030	37.85	29.12
February 2030	38.82	29.86
March 2030	40.34	31.03
April 2030	39.55	30.42
May 2030	38.39	29.53
June 2030	40.12	30.86
July 2030	39.34	30.26
August 2030	40.55	31.19
September 2030	41.97	32.29
October 2030	43.06	33.13
November 2030	44.14	33.95
December 2030	45.24	34.80

• January 2030: ₹29.12 (Minimum)
• December 2030: ₹45.24 (Maximum)

Financial Condition of Jaiprakash Associates: Last 5 Years

Financials	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	9210	7035	6406	5752	7263	6568
Expenses	9850	7031	5703	5842	6618	6202
Operating Profit	-640	5	703	-90	645	366
OPM %	-7	0	11	-2	9	6
Other Income	-261	2702	207	-5	-520	-258
Interest	988	1159	1001	998	1056	1024
Depreciation	592	603	568	395	381	384
Profit before tax	-2481	945	-659	-1487	-1312	-1300
Tax %	-7	41	-1	-1	-3	-3
Net Profit	-2644	561	-667	-1498	-1352	-1339
EPS in Rs	-8.41	4.50	-2.71	-6.02	-5.47	-5.46
Dividend Payout %	0	0	0	0	0	0

• Financial Performance Overview: Jaiprakash Associates has navigated a turbulent financial period over the past five years, characterized by fluctuating sales and profitability.
• Sales Trends: Sales started at 9210 crore in FY 2019 and declined to 6568 crore by FY 2024, reflecting a challenging operating environment.
• Profitability Challenges: The company faced volatile operating profits, with significant losses in FY 2019 and FY 2022, despite efforts to control expenses.
• Net Profit and EPS Variability: Net profit swung from a loss of 2644 crore in FY 2019 to 1339 crore in FY 2024, impacting earnings per share (EPS) which ranged from -8.41 to -5.46 over the same period.
• Dividend Policy: The company did not distribute dividends during this period, prioritizing cash conservation amid financial uncertainties.

FAQs

What is Jaiprakash Associates’ current market capitalization?

Jaiprakash Associates’ current market capitalization stands at ₹2,806 crore.

What is Jaiprakash Associates’ current share price?

As of June 14, 2024, Jaiprakash Associates’ shares are trading at ₹11.4.

What is the projected share price target for Jaiprakash Associates in 2025?

By December 2025, Jaiprakash Associates’ share price is expected to range between ₹12.80 (minimum) and ₹16.64 (maximum).

What is the projected share price target for Jaiprakash Associates in 2030?

Jaiprakash Associates’ share price target for December 2030 ranges between ₹29.12 (minimum) and ₹45.24 (maximum).

How has Jaiprakash Associates’ sales trended from FY 2019 to FY 2024?

Jaiprakash Associates’ sales declined from ₹9210 crore in FY 2019 to ₹6568 crore in FY 2024.

Does Jaiprakash Associates distribute dividends?

No, Jaiprakash Associates did not distribute dividends in the past five years.

What is Jaiprakash Associates’ current debt situation?

As of FY 2022, Jaiprakash Associates’ total debt amounted to ₹19,097 crore.

What is Jaiprakash Associates’ Return on Capital Employed (ROCE)?

Jaiprakash Associates’ Return on Capital Employed (ROCE) stands at 3.15%.

What is the expected EPS for Jaiprakash Associates in FY 2024?

The expected EPS for Jaiprakash Associates in FY 2024 is approximately -5.46.

What is the historical performance of Jaiprakash Associates’ stock price over the past year?

Jaiprakash Associates’ stock price has fluctuated between ₹7.50 (low) and ₹27.2 (high) over the past year.

What is the projected growth rate for Jaiprakash Associates’ stock price over the next 5 years?

Over the next 5 years, Jaiprakash Associates’ stock price is projected to grow from ₹11.4 (current price) to a target of ₹16.64 (2025).

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Conclusion: Evaluating Jaiprakash Associates’ Strategic Position and Financial Challenges

Jaiprakash Associates Limited, a diversified conglomerate integral to India’s infrastructure and industrial sectors, operates across fertilizers, construction, cement, real estate, hospitality, and sports. Its subsidiaries, including Kanpur Fertilizers & Chemicals Limited, play crucial roles in its revenue streams, emphasizing its strategic footprint in vital industries.

However, the company faces significant challenges. Over the past five years, Jaiprakash Associates has experienced fluctuating sales and profitability, with a notable decline of -6.54% in sales growth. Financial concerns such as a low interest coverage ratio, substantial contingent liabilities amounting to ₹8,495 crore, and a declining promoter holding, currently at 30.0% and down by -8.50% over three years, add to its complexities.

While the company continues to contribute substantially to India’s economic landscape, potential investors must carefully consider these financial challenges and market risks. Jaiprakash Associates’ ability to navigate these issues effectively will determine its future growth and sustainability in the competitive market environment.