SJVN
SJVN Limited, together with its subsidiaries, engages in the generation and sale of power in India, Nepal, and Bhutan. The last earnings update was 211 days ago. More info.
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SJVN Share Price and Events
7 Day Returns
1 Year Returns
SJVN Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| SJVN (SJVN) | -0.4% | -1.8% | -4% | -27.9% | -18.2% | 15.9% |
| IN Electric Utilities | 1.4% | 7.9% | -3.4% | -6.2% | 33.4% | 48% |
| IN Market | 0.4% | 9.1% | 1.8% | 2% | 43.6% | 80.4% |
1 Year Return vs Industry and Market
- SJVN underperformed the Electric Utilities industry which returned -6.2% over the past year.
- SJVN underperformed the Market in India which returned 2% over the past year.
Value
Is SJVN undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
SJVN
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for SJVN.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 14.4% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 8.6% |
| Electric Utilities Unlevered Beta | Simply Wall St/ S&P Global | 0.24 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.241 (1 + (1- 35%) (23.6%)) |
0.516 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.8 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.8 * 8.6%) |
14.43% |
Discounted Cash Flow Calculation for NSEI:SJVN using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for SJVN is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (INR, Millions) | Source |
Present Value Discounted (@ 14.43%) |
|
|---|---|---|---|
| 2019 | 10,320.35 | Est @ -9.43% | 9,018.92 |
| 2020 | 9,872.54 | Est @ -4.34% | 7,539.61 |
| 2021 | 9,796.28 | Est @ -0.77% | 6,537.95 |
| 2022 | 9,965.20 | Est @ 1.72% | 5,812.01 |
| 2023 | 10,311.19 | Est @ 3.47% | 5,255.44 |
| 2024 | 10,795.34 | Est @ 4.7% | 4,808.36 |
| 2025 | 11,394.67 | Est @ 5.55% | 4,435.30 |
| 2026 | 12,095.59 | Est @ 6.15% | 4,114.41 |
| 2027 | 12,890.38 | Est @ 6.57% | 3,831.83 |
| 2028 | 13,775.25 | Est @ 6.86% | 3,578.50 |
| Present value of next 10 years cash flows | ₹54,932.33 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= ₹13,775.25 × (1 + 7.55%) ÷ (14.43% – 7.55%) |
₹215,338.40 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= ₹215,338.40 ÷ (1 + 14.43%)10 |
₹55,940.00 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= ₹54,932.33 + ₹55,940.00 |
₹110,872.33 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹110,872.33 / 3,929.80 |
₹28.21 |
| Calculation | Result | |
|---|---|---|
| Value per share (INR) | From above. | ₹28.21 |
| Current discount | Discount to share price of
₹24.05
= -1 x (₹24.05 - ₹28.21) / ₹28.21 |
14.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- SJVN's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- SJVN's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for SJVN's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
SJVN's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-03-31) in INR | ₹2.96 |
| NSEI:SJVN Share Price ** | NSEI (2019-03-20) in INR | ₹24.05 |
| India Electric Utilities Industry PE Ratio | Median Figure of 7 Publicly-Listed Electric Utilities Companies | 11.57x |
| India Market PE Ratio | Median Figure of 2,730 Publicly-Listed Companies | 16.4x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of SJVN.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NSEI:SJVN Share Price ÷ EPS (both in INR) = 24.05 ÷ 2.96 |
8.12x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- SJVN is good value based on earnings compared to the IN Electric Utilities industry average.
- SJVN is good value based on earnings compared to the India market.
Price based on expected Growth
Does
SJVN's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 8.12x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
7.3%per year |
| India Electric Utilities Industry PEG Ratio | Median Figure of 6 Publicly-Listed Electric Utilities Companies | 0.88x |
| India Market PEG Ratio | Median Figure of 596 Publicly-Listed Companies | 1.27x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 8.12x ÷ 7.3% |
1.12x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- SJVN is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
SJVN's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-03-31) in INR | ₹27.23 |
| NSEI:SJVN Share Price * | NSEI (2019-03-20) in INR | ₹24.05 |
| India Electric Utilities Industry PB Ratio | Median Figure of 10 Publicly-Listed Electric Utilities Companies | 1.01x |
| India Market PB Ratio | Median Figure of 3,617 Publicly-Listed Companies | 1.12x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NSEI:SJVN Share Price ÷ Book Value per Share (both in INR) = 24.05 ÷ 27.23 |
0.88x |
* Primary Listing of SJVN.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- SJVN is good value based on assets compared to the IN Electric Utilities industry average.
Value checks
We assess SJVN's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check) SJVN has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is SJVN expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- SJVN's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
- SJVN's earnings growth is positive but not above the India market average.
- SJVN's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NSEI:SJVN Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 7.3% |
| NSEI:SJVN Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 2.1% |
| India Electric Utilities Industry Earnings Growth Rate | Market Cap Weighted Average | 16.2% |
| India Electric Utilities Industry Revenue Growth Rate | Market Cap Weighted Average | 12.9% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.5% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.9% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (11 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-03-31 | 23,300 | 16,900 | 14,100 | 1 |
| 2019-03-31 | 22,500 | 16,400 | 13,400 | 1 |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-03-31 | 22,285 | 16,414 | 12,216 |
| 2017-03-31 | 26,791 | 23,764 | 15,412 |
| 2016-03-31 | 24,940 | 22,089 | 14,071 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (11 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from SJVN Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-03-31 | 3.60 | 3.60 | 3.60 | 1.00 |
| 2019-03-31 | 3.40 | 3.40 | 3.40 | 1.00 |
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-03-31 | 2.96 |
| 2017-03-31 | 3.73 |
| 2016-03-31 | 3.40 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess SJVN's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
SJVN has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has SJVN performed over the past 5 years?
- SJVN's last earnings update was 211 days ago.
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- SJVN's year on year earnings growth rate has been positive over the past 5 years.
- SJVN's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- SJVN's 1-year earnings growth is negative, it can't be compared to the IN Electric Utilities industry average.
Earnings and Revenue History
All data from SJVN Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-03-31 | 22,285.00 | 12,215.70 | 2,892.60 | |
| 2017-03-31 | 26,791.40 | 15,411.80 | 2,737.40 | |
| 2016-03-31 | 24,939.60 | 14,070.70 | 2,359.20 | |
| 2015-03-31 | 28,197.30 | 16,766.50 | 2,144.50 | |
| 2014-03-31 | 18,757.20 | 11,144.90 | 2,229.20 | 49.70 |
| 2013-12-31 | 17,756.90 | 11,277.80 | 2,070.00 | 62.00 |
| 2013-09-30 | 17,462.20 | 11,089.10 | 2,053.30 | 62.00 |
| 2013-06-30 | 17,156.80 | 10,803.10 | 1,088.50 | |
| 2013-03-31 | 16,836.90 | 10,523.40 | 2,037.90 | 62.00 |
| 2012-12-31 | 18,505.90 | 10,141.00 | 2,124.50 | 0.60 |
| 2012-09-30 | 18,608.70 | 10,116.70 | 2,086.00 | 0.60 |
| 2012-06-30 | 18,796.80 | 10,357.40 | 2,298.80 | 0.60 |
| 2012-03-31 | 19,290.00 | 10,686.80 | 2,023.00 | 0.60 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- SJVN has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- SJVN used its assets more efficiently than the IN Electric Utilities industry average last year based on Return on Assets.
- SJVN's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess SJVN's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
SJVN has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is SJVN's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up SJVN's finances.
The net worth of a company is the difference between its assets and liabilities.
- SJVN is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- SJVN's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from SJVN Company Filings, last reported 11 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-03-31 | 107,001.60 | 22,306.80 | 35,515.30 |
| 2017-03-31 | 114,895.50 | 24,164.20 | 42,634.80 |
| 2016-03-31 | 113,024.50 | 26,461.40 | 38,869.90 |
| 2015-03-31 | 102,027.80 | 26,482.50 | 28,575.70 |
| 2014-03-31 | 90,501.90 | 24,509.80 | 24,160.20 |
| 2013-12-31 | 91,688.80 | 21,758.50 | 20,305.10 |
| 2013-09-30 | 91,688.80 | 21,758.50 | 20,305.10 |
| 2013-06-30 | 84,100.10 | 18,762.70 | 24,224.50 |
| 2013-03-31 | 84,100.10 | 21,635.60 | 24,224.50 |
| 2012-12-31 | 85,245.80 | 16,341.20 | 19,351.10 |
| 2012-09-30 | 85,245.80 | 16,341.20 | 19,351.10 |
| 2012-06-30 | 78,222.80 | 17,640.20 | 18,887.60 |
| 2012-03-31 | 78,222.80 | 17,640.20 | 18,887.60 |
- SJVN's level of debt (20.8%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (25.7% vs 20.8% today).
- Debt is well covered by operating cash flow (73.6%, greater than 20% of total debt).
- SJVN earns more interest than it pays, coverage of interest payments is not a concern.
Financial health checks
We assess SJVN's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) SJVN has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is SJVN's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
₹2,000 of
SJVN
shares you are expected to receive
₹141
in your first year as a dividend.
Dividend Amount
- SJVN's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
- SJVN's dividend is above the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| India Electric Utilities Industry Average Dividend Yield | Market Cap Weighted Average of 8 Stocks | 3% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1399 Stocks | 1.4% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.5% |
| India Top 25% Dividend Yield | 75th Percentile | 1.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-03-31 | 2.10 | 1.00 |
| 2019-03-31 | 2.10 | 1.00 |
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-08 | 1.700 | 6.940 |
| 2018-08-23 | 2.100 | 7.862 |
| 2018-02-09 | 2.400 | 7.735 |
| 2017-08-21 | 2.750 | 8.103 |
| 2017-02-13 | 2.720 | 8.237 |
| 2016-08-24 | 1.100 | 3.623 |
| 2016-02-04 | 1.050 | 3.708 |
| 2015-07-30 | 0.840 | 3.088 |
| 2015-05-27 | 0.840 | 3.474 |
| 2015-02-05 | 1.260 | 5.064 |
| 2014-08-11 | 0.980 | 4.108 |
| 2014-05-28 | 0.980 | 4.041 |
| 2013-07-31 | 0.960 | 4.662 |
| 2013-05-29 | 0.960 | 4.824 |
| 2012-09-20 | 0.940 | 4.657 |
| 2011-09-02 | 0.800 | 4.013 |
| 2010-09-20 | 0.800 | 3.623 |
| 2010-07-30 | 0.795 | 3.322 |
| 2010-07-06 | 0.795 | 3.297 |
| 2010-05-20 | 0.779 | 3.226 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- SJVN has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
- Dividend payments have increased, but SJVN only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of
SJVN's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.4x coverage).
- Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
Income/ dividend checks
We assess SJVN's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can SJVN afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) SJVN has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | ₹6,946,632 |
| AGE | 54 |
| TENURE AS CEO | 1.3 years |
CEO Bio
Mr. Nand Lal Sharma has been Chairman and Managing Director of SJVN Limited since December 01, 2017. Mr. Sharma served as the Director of Personnel at SJVN Limited from March 22, 2011 to November 30, 2017 and served as its an Executive Director of Human Resources since joining in July 28, 2008. Mr. Sharma is an officer of HP State Administrative Services. Prior to SJVN Limited, he served as special secretary (General Administration Department and Health) and Director Ayurveda with GoHP. He has been a Director of SJVN Limited since March 22, 2011. Mr. Sharma holds a Masters Degree in Business Administration from the University of Ljublijana, Slovenia. He serves as director of SJVN Thermal Private Limited and SJVN Arun-III Power Development Company Private Limited and Holds an M.Sc in Agricultural Economics.
CEO Compensation
- Nand's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
- Nand's remuneration is lower than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the SJVN management team in years:
- The tenure for the SJVN management team is about average.
Management Team
Nand Sharma
Chairman & MD
₹7M
54
1.3 yrs
Amarjith Bindra
CFO, Director of Finance & Whole Time Director
₹5M
59
Soumendra Das
Compliance Officer & Company Secretary
₹3M
7.3 yrs
Rakesh Bansal
Director of Electrical & Whole Time Director
₹6M
58
6.4 yrs
Kanwar Singh
Director of Civil & Whole Time Director
₹5M
58
3.3 yrs
A. Mukherjee
General Manager of Personnel and Administration
60
S. Pathak
General Manager of Information Technology & Communications and General Manager of Electrical Design
₹2M
B. Negi
Chief Vigilance Officer
Romesh Kapoor
Chief General Manager of Commercial & System Operation and Qai & C
R. Sharma
Executive Director of Civil Design-II
67
Board of Directors Tenure
Average tenure and age of the SJVN board of directors in years:
- The tenure for the SJVN board of directors is about average.
Board of Directors
Amarjith Bindra
CFO, Director of Finance & Whole Time Director
₹5M
59
8.3 yrs
Rakesh Bansal
Director of Electrical & Whole Time Director
₹6M
58
6.4 yrs
Kanwar Singh
Director of Civil & Whole Time Director
₹5M
58
3.3 yrs
Shamsher Uppal
Independent Director
₹480K
70
3.3 yrs
Nand Sharma
Chairman & MD
₹7M
54
1.3 yrs
Pravinbhai Patel
Independent Director
₹400K
68
3.3 yrs
Rajni Sarin
Independent Director
₹260K
69
3.3 yrs
Tarun Kapoor
Part-Time Nominee Director
0.8 yrs
Aniruddha Kumar
Part Time Government Nominee Director
56
0.7 yrs
Geeta Kapur
Whole Time Director
0.4 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 13. Dec 18 | Sell | India | Company | 04. Dec 18 | 04. Dec 18 | -43,266,555 | ₹10.00 | ₹-432,662,766 | ||
Management checks
We assess SJVN's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) SJVN has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Looking At SJVN Limited (NSE:SJVN) From All Angles
I've been keeping an eye on SJVN Limited (NSE:SJVN) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe SJVN has a lot to offer. … For those interested in understanding where the figures come from and want to see the analysis,
Simply Wall St - – Full articleWhat Investors Should Know About SJVN Limited's (NSE:SJVN) Financial Strength
While small-cap stocks, such as SJVN Limited (NSE:SJVN) with its market cap of ₹101b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … since poor capital management may bring about bankruptcies,
Simply Wall St - – Full articleWhy You Should Care About SJVN Limited’s (NSE:SJVN) Low Return On Capital
In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Simply Wall St - – Full articleWhat To Know Before Buying SJVN Limited (NSE:SJVN) For Its Dividend
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Historically, SJVN Limited (NSE:SJVN) has paid dividends to shareholders, and these days it yields 8.2%. … Let's dig deeper into whether SJVN should have a place in your portfolio.
Simply Wall St - – Full articleHow Good Is SJVN Limited (NSE:SJVN), When It Comes To ROE?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows SJVN has a return on equity of 11% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleSJVN Limited (NSE:SJVN) Has Attractive Fundamentals
As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … is a company that has been able to sustain great financial health, trading at an attractive share price.
Simply Wall St - – Full articleDo You Like SJVN Limited (NSE:SJVN) At This P/E Ratio?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … To keep it practical, we'll show how SJVN Limited's (NSE:SJVN) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleWhat does SJVN Limited's (NSE:SJVN) Balance Sheet Tell Us About Its Future?
While small-cap stocks, such as SJVN Limited (NSE:SJVN) with its market cap of ₹105.1b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Assessing first and foremost the financial health is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.
Simply Wall St - – Full articleWill SJVN Limited (NSE:SJVN) Continue To Underperform Its Industry?
and want to learn about Return on Equity using a real-life example. … But what is more interesting is whether SJVN can sustain or improve on this level of return. … Metrics such as financial leverage can impact the level of ROE which in turn can affect the sustainability of SJVN's returns.
Simply Wall St - – Full articleInterested In SJVN Limited (NSE:SJVN)? Here's How It Performed Recently
Investors with a long-term horizong may find it valuable to assess SJVN Limited's (NSE:SJVN) earnings trend over time and against its industry benchmark as opposed to simply looking at a sincle earnings announcement at one point in time. … Was SJVN's recent earnings decline indicative of a tough track record. … SJVN's trailing twelve-month earnings (from 31 March 2018) of ₹12.22b has
Simply Wall St - – Full articleCompany Info
Description
SJVN Limited, together with its subsidiaries, engages in the generation and sale of power in India, Nepal, and Bhutan. It operates the Nathpa Jhakri Hydro Power Station with a capacity of 1500 MW located in Shimla district, Himachal Pradesh, India; and the Rampur Hydro Power Station with a capacity of 412 MW in Kullu District, Himachal Pradesh. The company also operates the Khirvire Wind Power Plant with a capacity of 47.6 MW in Nashik District, Maharashtra; the Charnakha Solar Power Plant with a capacity of 5 MW in Patan District, Gujarat; Sadla Wind Power Project with a capacity of 26 MW in Surendranagar district, Gujrat; and an 86 km cross border transmission line with a capacity of 400 kV from Muzaffarpur to Sursand. In addition, it provides consultancy services in the field of hydro electric projects, highway tunnels/railway tunnels, etc. The company was formerly known as Satluj Jal Vidyut Nigam Limited and changed its name to SJVN Limited in September 2009. SJVN Limited was incorporated in 1988 and is based in Shimla, India.
Details
| Name: | SJVN Limited |
| SJVN | |
| Exchange: | NSEI |
| Founded: | 1988 |
| ₹94,511,573,958 | |
| 3,929,795,175 | |
| Website: | http://www.sjvn.nic.in |
| Address: |
SJVN Limited SJVN Coporate Office Complex, Shakti Sadan, Shimla, Himachal Pradesh, 171006, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NSEI | SJVN | Equity Shares | National Stock Exchange of India | IN | INR | 20. May 2010 | |
| BSE | 533206 | Equity Shares | Mumbai Stock Exchange | IN | INR | 20. May 2010 |
Number of employees
Current staff
Industry
| Electric Utilities | |
| Utilities |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/21 12:50 |
| End of day share price update: | 2019/03/20 00:00 |
| Last estimates confirmation: | 2019/02/05 |
| Last earnings filing: | 2018/08/22 |
| Last earnings reported: | 2018/03/31 |
| Last annual earnings reported: | 2018/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
