SJVN Ltd ke FY25 results aagaye hain, aur is baar Hydro-power PSU ne kaafi mixed signals bheje hain:
PAT gaya niche 21%
Revenue bhi 8% down
Dividend mila ā¹2.20/share
Lekin stock chadh gaya 6% intraday ā bhai kya ho raha hai?
Kya ye PSU dividend king banega ya ek aur “sarkari trap” jahan valuation aur excitement kabhi match nahi karte?
ā” About the Company
SJVN Ltd ek Mini Ratna PSU hai, aur kaam simple hai ā bijli banana aur bechna.
Lekin, SJVN kisi ek plug se light nahi jalaata ā iske paas hydro, solar, wind, thermal sab kuch hai. Aur ab toh nuclear JV bhi chal raha hai NPCIL ke saath. Full India ka power bouquet banane ka sapna hai bhai.
Parameter
Value
Incorporated
1988 (as Nathpa Jhakri Power Corp)
Listed On
BSE/NSE
Sector
Power Generation ā Renewables & Hydro
Owner
59.92% Govt of India
š§¾ FY25 Financial Highlights (Standalone)
Metric
FY25
FY24
YoY Change
Revenue from Ops
ā¹2,723.06 Cr
ā¹2,962.94 Cr
š» -8.1%
Total Income
ā¹3,194.49 Cr
ā¹3,284.97 Cr
š» -2.8%
Total Expenses
ā¹1,141.08 Cr
ā¹1,105.91 Cr
š¼ +3.1%
EBITDA
ā¹2,053.41 Cr
ā¹2,179.06 Cr
š» -5.8%
Net Profit (PAT)
ā¹1,630.25 Cr
ā¹2,077.94 Cr
š» -21.5%
EPS
ā¹4.15
ā¹5.29
š»
š§ Edu Tadka: Revenue kam, kharcha zyada = PAT ki pitai. Hydro output gira, aur thermal/solar abhi bachpan
