Synopsis: Jyoti Structures Limited secured ₹88.33 crore transmission project from Adani Electricity Mumbai Limited, boosting revenue, market position, and demonstrating execution capabilities within 12 months.
This Small-cap Transmission Stock, engaged in power transmission projects, including design, engineering, manufacturing, supply, installation, and commissioning of transmission lines and substations worldwide, is in focus after receiving a new order worth Rs. 83.33 crore from Adani Electricity Mumbai Limited.
With a market capitalization of Rs. 1,074.29 crore, the shares of Jyoti Structures Limited were currently trading at Rs. 9 per equity share, down nearly 6.93 percent from its previous day’s close price of Rs. 9.67.
What is the News?
Jyoti Structures Limited has informed the stock exchanges that it has received a new project order from Adani Electricity Mumbai Limited. The project is related to modifying 220kV and 110kV transmission lines for the Mumbai Coastal Road Project. The total value of this order is about ₹88.33 crore, excluding GST. The company will handle the entire work, including design, engineering, manufacturing, supply of materials, installation, testing, and final commissioning.
The project will be completed within 12 months from the date of award. This project will help the company strengthen its market position, improve revenue growth, and showcase its expertise in handling large infrastructure projects.
Business Highlights
Jyoti Structures Limited has strong experience in the power transmission sector. The company has built over 31,000 km of transmission lines and more than 1,800 high-voltage substation bays ranging from 11 kV to 765 kV. It has also electrified over 37,500 villages, helping improve power access in many regions.
In addition, the company has manufactured around 1.5 million metric tons of transmission line towers and tested over 490 towers up to 1200 kV. With its presence in more than 50 countries, Jyoti Structures Limited has built a strong global reputation in delivering large and complex infrastructure projects.
Company Overview
Jyoti Structures Limited (JSL) was established in 1974 and is an Indian engineering, procurement, and construction (EPC) company specializing in power transmission and distribution infrastructure. Headquartered in Mumbai, Maharashtra, it provides turnkey solutions for extra-high-voltage (EHV) transmission lines, substations, and rural electrification projects in India and internationally.
Recent Quarter Results
Coming into financial highlights, Jyoti Structures Limited’s revenue has increased from Rs. 137 crore in Q3 FY25 to Rs. 209 crore in Q3 FY26, which has grown by 52.55 percent. The net profit has also grown by 54.55 percent from Rs. 11 crore in Q3 FY25 to Rs. 17 crore in Q3 FY26.
In terms of return ratios, the company’s ROCE and ROE stand at 1.61 percent and 13.3 percent, respectively. Jyoti Structures Limited has an earnings per share (EPS) of Rs. 0.42, and its debt-to-equity ratio is 3.85x.
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