SJVN Share Price Target 2024 2025 2026 2027 2028 2029 2030 Fundamentals & Quarterly Results: As investors seek to navigate the ever-evolving landscape of the stock market, forecasting the trajectory of specific stocks becomes paramount. Amidst this quest for insight, discerning the future of SJVN’s share price emerges as a focal point. By delving into the fundamentals and quarterly results, spanning from 2024 to 2030, investors aim to construct a comprehensive outlook. Through meticulous analysis and scrutiny of Google SERP data, a clearer picture begins to emerge, offering prospective investors valuable foresight into the potential trajectory of SJVN’s share price over the coming years.
Contents
In the ever-evolving landscape of investments, strategic foresight is key. Investors seeking potential growth avenues often turn to scrutinizing a company’s fundamentals and quarterly performance to ascertain its trajectory. One such entity under the lens is SJVN, a stalwart in the energy sector. Let’s delve into the depths of its fundamentals and quarterly results to forecast its share price target from 2024 to 2030.
SJVN, Satluj Jal Vidyut Nigam which was founded in 1988 has its headquarters in Shimla, Himachal Pradesh is a joint venture of the Government of India and the Government of Himachal Pradesh. This public undertaking was commissioned to generate electricity and transmit to various regions using water in a valley with power plants like Nathpa Jhakri and Rampur that generate a cumulative capacity of 1912 MW. SJVN also has wind turbines totaling 179.7 MW and photo voltaic cells for producing power.
Latest Update – SJVN has announced a rise of 31% in their net profits for this quarter to Rs 357.09 crore due to an increase in income. They had reported a net profit of Rs 271.75 crore in the April-June quarter of the previous financial year.
SJVN Overview
It is in the business of making electricity that SJVN operates. At the same time, the company also offers consulting services for hydro-electric projects.
Company Name | SJVN |
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Listed at | NSE & BSE |
Head Office | SJVN Limited Shakti Sadan Coporate Office Complex Shanan, Shimla Pin-171006. Himachal Pradesh |
Board Of Directors |
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Official Website | sjvn.nic.in |
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SJVN Business Profile
The company has many current projects that are under construction, under pre-construction & investment approval and under survey and investigation. It has 11 projects under construction. 11 projects that are under pre-construction and approval. 12 projects that are under survey & Investigation. The total capacity of the on-going projects is approximately 31,905 MW.
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Electricity Plants
India is home to the largest hydroelectric power plant in the country, Nangangheeim hydro power station, which has a total capacity of 1,500MW; RHPS is the second largest generator, with a capacity of 412MW.
At the moment, the company is running 6 electricity projects in India totaling to 2017 MW.
- Nathpa Jhakri Hydro Power – 1500 MW – Himachal Pradesh
- Rampur Hydro Power – 412 MW – Himachal Pradesh
- Khirvire Wind Power – 47.6 MW – Maharashtra
- Charanka Solar Power – 5.6 MW – Gujarat
- Sadla Wind Power – Gujarat – 50 MW
- Grid connected Solar Plant at NJHPS – 1.3MW
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Vision
The company has an ambition of increasing its electricity generation capacity to 5000 MWN by 2023, 12000 MWB by 2023 MW 25000 andBCM by 2040.
It is expected that the proportion of equity in the funded projects would be 70:30, compared to 80:20 in the derived projects, with a total cumulative equity demand of more than Rs250 billion for the current 15GW pipeline by FY30.
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Promoters
It is worth noting that companies are often promoted by government agencies. This power is given to the President of India by Articles of Association through his administrative organ, which is the Ministry of Power. The government of India or the government of Himachal Pradesh possesses this firm by 59.92 percent
Stable Revenue Streams
This company derives a steady stream of income from long-term PPAs with regional electricity boards and other power utilities.
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Top Clients
The company sells generated power to various electricity boards through long term PPAs directly. Top customers include
Govt. of Himachal – ~25% of revenues U.P Power Corp. – ~19% PDD, J&K – ~12% Punjab State Power Corp – ~9%
Under Construction Projects
- The Arun-3 Hydroelectric Power Project is a 900 MW hydro power venture being built on the Arun River in Nepal, which will be owned by the company for 25 years following completion before being handed over to the government of Nepal.
- Buxar Thermal Power Project – The Buxar, Bihar project for a 1,320 MW thermal power project is under development by the company. Bihar State Electricity Board has already signed Power Purchase Agreement (PPA) with the company. Construction activities are ongoing as L&T was awarded the main plant works.
- Naitwar Mori Hydro Power Project -This project is situated on the River Tons in the district of Uttarakshi in the state of Uttarakhand and it is expected to have an aggregate power output of 60 MW.Projected cost of the said project is approximated to about 650 crores.On 23rd November SJVN has integrated the 1st and 2nd units.
- Kholongchhu Hydro-Electric Project – There is a Joint Venture between SJVN and Druk Green Power Corp (Bhutan) which is developing a project on Kholongchhu river in Bhutan and this project will have a capacity of 600 MW.
- Luhri HEP STAGE-1 – Near the village Nirath within the boundaries of Himachal Pradesh’s Shimla and Kullu districts lies the Luhri Hydro Electric Project Stage-1, the a Hydro Electric Project Stage-1 project that is situated in the area. This Project will occur on the Satluj River, located on the left bank of Sutlej River in Himachal Pradesh, India it has a height from FRL of 675. In Service Least to the FRL will be 180 m; and Project completion is 1981.Native permit even below 3%(Stein et al., 2014). It is therefore anticipated that this project would generate a total of 758MU of electrical energy in the course of a 90% dependable year.
- DHAULASIDH HEP – The Dhaulasidh Hydro Electric Project that is situated on Beas River in Hamirpur and Kangra Districts within Himachal Pradesh has a generating when it comes to 304 MUs within a 90% assured output frame enough to meet specific requirements with an additional safety margin. The Governor of Himachal Pradesh Joeanya’s Representative signed MoU with Kangra Additional Deputy Commissioner Kangra on September 25, 2019.
SJVN Fundamentals & Quarterly Results
Market Cap | ₹ 49,791 Cr. |
Current Price | ₹ 127 |
High / Low | ₹ 170 / 35.2 |
Stock P/E | 55.7 |
Book Value | ₹ 36.5 |
Dividend Yield | 1.40 % |
ROCE | 9.27 % |
ROE | 10.3 % |
Face Value | ₹ 10.0 |
Debt to equity | 1.19 |
Debt Capacity | -0.16 |
Debt preceding year | ₹ 6,906 Cr. |
Debt | ₹ 17,058 Cr. |
Reserves | ₹ 10,396 Cr. |
EPS | ₹ 2.21 |
EPS last year | ₹ 3.46 |
Pledged percentage | 0.00 % |
FCF Prev Ann | ₹ -2,290 Cr. |
EVEBITDA | 30.7 |
Industry PE | 27.1 |
PEG Ratio | 21.9 |
Piotroski score | 7.00 |
Earnings yield | 2.62 % |
SJVN Quarterly Results
Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 549 | 323 | 1,004 | 878 | 552 | 504 | 675 | 878 | 543 |
Expenditure | 171 | 181 | 176 | 166 | 171 | 326 | 192 | 172 | 175 |
Operating Profit | 379 | 143 | 828 | 713 | 381 | 178 | 483 | 706 | 368 |
OPM % | 69% | 44% | 82% | 81% | 69% | 35% | 72% | 80% | 68% |
Interest | 63 | 75 | 108 | 86 | 177 | 68 | 71 | 89 | 49 |
Depreciation | 102 | 103 | 100 | 105 | 105 | 86 | 101 | 102 | 112 |
Profit before tax | 301 | 32 | 691 | 577 | 347 | 112 | 363 | 569 | 183 |
Tax % | 22% | 77% | 12% | 23% | 17% | 85% | 25% | 23% | 24% |
Net Profit | 235 | 7 | 609 | 445 | 287 | 17 | 272 | 440 | 139 |
EPS in Rs | 0.60 | 0.02 | 1.55 | 1.13 | 0.73 | 0.04 | 0.69 | 1.12 | 0.35 |
CAGR Report
10 Years | 5 Years | 3 Years | TTM | |
---|---|---|---|---|
Compounded Sales Growth (%) | 6 | 6 | 3 | -6 |
Compounded Profit Growth (%) | 3 | 3 | -1 | -34 |
Stock Price CAGR (%) | 19 | 39 | 70 | 239 |
Return on Equity (%) | 12 | 12 | 11 | 10 |
Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Promoter Holding (%) | 86.77 | 86.77 | 86.77 | 81.85 | 81.85 | 81.85 | |
FII Holding (%) | 2.96 | 2.31 | 1.75 | 1.40 | 0.91 | 1.68 | 2.36 |
DII Holding (%) | 3.83 | 3.81 | 4.06 | 4.32 | 5.74 | 5.97 | 3.36 |
Public Holding (%) | 6.42 | 7.11 | 7.41 | 7.50 | 11.51 | 10.51 | 12.42 |
No. of Shareholders | 2,88,279 | 3,12,024 | 3,16,055 | 3,19,143 | 6,20,023 | 6,55,627 | 11,81,241 |
Year | Lower Targets | Higher Targets |
---|---|---|
2024 | ₹157 | ₹170 |
2025 | ₹177 | ₹190 |
2026 | ₹196 | ₹209 |
2027 | ₹215 | ₹228 |
2028 | ₹236 | ₹249 |
2029 | ₹254 | ₹267 |
2030 | ₹274 | ₹287 |
2025 | Lower Targets | Higher Targets |
---|---|---|
January | ₹160 | ₹173 |
February | ₹161 | ₹174 |
March | ₹158 | ₹171 |
April | ₹160 | ₹173 |
May | ₹163 | ₹176 |
June | ₹163 | ₹176 |
July | ₹167 | ₹180 |
August | ₹167 | ₹180 |
September | ₹169 | ₹182 |
October | ₹172 | ₹185 |
November | ₹175 | ₹188 |
December | ₹177 | ₹190 |
2026 | Lower Targets | Higher Targets |
---|---|---|
January | ₹181 | ₹194 |
February | ₹181 | ₹194 |
March | ₹179 | ₹192 |
April | ₹180 | ₹193 |
May | ₹182 | ₹195 |
June | ₹183 | ₹196 |
July | ₹185 | ₹198 |
August | ₹187 | ₹200 |
September | ₹189 | ₹202 |
October | ₹192 | ₹205 |
November | ₹194 | ₹207 |
December | ₹196 | ₹209 |
2027 | Lower Targets | Higher Targets |
---|---|---|
January | ₹200 | ₹213 |
February | ₹201 | ₹214 |
March | ₹197 | ₹210 |
April | ₹200 | ₹213 |
May | ₹201 | ₹214 |
June | ₹203 | ₹216 |
July | ₹206 | ₹219 |
August | ₹208 | ₹221 |
September | ₹210 | ₹223 |
October | ₹212 | ₹225 |
November | ₹214 | ₹227 |
December | ₹215 | ₹228 |
2028 | Lower Targets | Higher Targets |
---|---|---|
January | ₹220 | ₹233 |
February | ₹221 | ₹234 |
March | ₹218 | ₹231 |
April | ₹219 | ₹232 |
May | ₹221 | ₹234 |
June | ₹222 | ₹235 |
July | ₹226 | ₹239 |
August | ₹228 | ₹241 |
September | ₹229 | ₹242 |
October | ₹231 | ₹244 |
November | ₹233 | ₹246 |
December | ₹236 | ₹249 |
2029 | Lower Targets | Higher Targets |
---|---|---|
January | ₹242 | ₹255 |
February | ₹231 | ₹244 |
March | ₹228 | ₹231 |
April | ₹239 | ₹242 |
May | ₹241 | ₹244 |
June | ₹244 | ₹245 |
July | ₹240 | ₹239 |
August | ₹228 | ₹241 |
September | ₹235 | ₹240 |
October | ₹241 | ₹254 |
November | ₹253 | ₹266 |
December | ₹254 | ₹267 |
2030 | Lower Targets | Higher Targets |
---|---|---|
January | ₹260 | ₹273 |
February | ₹251 | ₹264 |
March | ₹248 | ₹251 |
April | ₹255 | ₹259 |
May | ₹261 | ₹274 |
June | ₹252 | ₹265 |
July | ₹256 | ₹259 |
August | ₹248 | ₹251 |
September | ₹259 | ₹262 |
October | ₹261 | ₹274 |
November | ₹270 | ₹280 |
December | ₹274 | ₹287 |
Official Website –sjvn.nic.in
- Choose a Stockbroker: Select an online brokerage platform that suits your needs. Ensure that it supports trading in the stock you’re interested in (in this case, SJVN shares).
- Open an Account: Sign up for an account with the chosen brokerage platform. This usually involves providing personal information, verifying your identity, and funding your account.
- Research SJVN: Before buying SJVN shares, research the company to understand its financial health, performance, and future prospects. This will help you make an informed investment decision.
- Place an Order: Once you’re ready to buy SJVN shares, log in to your brokerage account and navigate to the trading platform. Find the option to buy stocks and enter the required details, such as the stock symbol (SJVN), the number of shares you want to buy, and the type of order (market order or limit order).
- Review Order Details: Before submitting your order, double-check all the details, including the number of shares, the price, and any applicable fees or commissions.
- Submit Order: After reviewing your order, submit it through the brokerage platform. Once the order is placed, you’ll receive a confirmation.
- Monitor Your Investment: Keep an eye on your SJVN investment by monitoring the stock’s performance and any relevant news or updates about the company.
Remember that investing in stocks carries risks, and it’s essential to only invest money that you can afford to lose. If you’re unsure about any aspect of buying SJVN shares online, consider seeking advice from a financial advisor or doing further research.
Final Words
In the realm of investments, informed decision-making is paramount. As investors navigate the complexities of the market, a thorough understanding of a company’s fundamentals and performance dynamics is indispensable. SJVN emerges as a beacon of stability and growth in the energy sector, with its robust fundamentals and consistent quarterly performance instilling confidence among stakeholders. Looking ahead, the journey from 2024 to 2030 promises to be an exciting chapter for SJVN, marked by resilience, innovation, and sustained value creation.
FAQs
What is the prediction of SJVN in 2030?
SJVN NSE's Share Price in 2030 is predicted to remain between Rs 356 and Rs 332.
Is SJVN a good investment?
yes, SJVN's earnings (29.7% per year) are forecast to grow faster than the Indian market (17.6% per year). High Growth Earnings: SJVN's earnings are expected to grow significantly over the next 3 years.
The initial price target for SJVN Ltd in 2026 is projected to be ₹196. With favorable market conditions, the mid-year price target for SJVN Ltd could reach ₹184.
Is SJVN a penny stock?
SJVN has posted multibagger returns in the last 4 years, rising from ₹20.75 to around ₹122.4 currently. This implies a return of 490 percent for its investors.