Cash flow SJVN Limited

Equities

SJVN

INE002L01015

Electric Utilities

Delayed NSE India S.E. Other stock markets 11:29:45 10/09/2024 BST			5-day change	1st Jan Change
133.61 ^INR	+5.86%		-1.61%	+46.90%

10:37am	SJVN, IREDA Sign MoU for 900MW Hydroelectric Project in Nepal	MT
08-22	Crisil Keeps AA+ Rating on SJVN's Bonds; Outlook Stable	MT

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Published financial data: SJVN LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues - (Utility Template)	26.97B	24.85B	24.17B	29.38B	25.79B
Other Revenues, Total	-	-	-	-	-
Total Revenues	26.97B	24.85B	24.17B	29.38B	25.79B
Operations And Maintenance	432M	440M	404M	511M	620M
Selling General & Admin Expenses, Total	90.4M	68.1M	95.9M	188M	196M
Depreciation & Amortization - (IS) - (Collected)	3.84B	3.93B	4.04B	3.96B	5.57B
R&D Expenses	-	-	-	-	-
Other Operating Expenses	5.37B	5.68B	5.72B	5.95B	6.55B
Total Operating Expenses	9.74B	10.12B	10.26B	10.61B	12.94B
Operating Income (REIT / Utility Template)	17.23B	14.73B	13.91B	18.78B	12.86B
Interest Expense, Total	-3.05B	-452M	-1.05B	-1.69B	-4.23B
Interest and Investment Income	2.44B	1.42B	1.3B	1.73B	2.32B
Net Interest Expenses	-615M	965M	250M	34.8M	-1.91B
Income (Loss) on Equity Invest.	55.7M	38.3M	44.9M	42.5M	41.9M
Currency Exchange Gains (Loss)	1.51B	4M	-739M	-2.16B	-165M
Other Non Operating Income (Expenses)	1.71B	9.53B	648M	256M	130M
EBT, Excl. Unusual Items	19.89B	25.27B	14.11B	16.95B	10.96B
Gain (Loss) on Sale of Investments	-	-	-	1.14B	-
Gain (Loss) on Sale of Assets	-47.2M	-226M	-32.8M	-76.2M	330M
Asset Writedown	-	-	-	-	-
Insurance Settlements	2.2M	24.9M	33.6M	-	5.1M
Legal Settlements	-	-2.42B	-	-	-
Other Unusual Items	-126M	-805M	-951M	-741M	442M
EBT, Incl. Unusual Items	19.71B	21.85B	13.16B	17.27B	11.74B
Income Tax Expense	3.1B	5.4B	3.26B	3.68B	2.62B
Earnings From Continuing Operations	16.61B	16.46B	9.9B	13.59B	9.11B
Net Income to Company	16.61B	16.46B	9.9B	13.59B	9.11B
Minority Interest	-55.7M	-	-	-	-
Net Income - (IS)	16.56B	16.46B	9.9B	13.59B	9.11B
Net Income to Common Incl Extra Items	16.56B	16.46B	9.9B	13.59B	9.11B
Net Income to Common Excl. Extra Items	16.56B	16.46B	9.9B	13.59B	9.11B
Per Share Items
Net EPS - Basic	4.21	4.19	2.52	3.46	2.32
Basic EPS - Continuing Operations	4.21	4.19	2.52	3.46	2.32
Basic Weighted Average Shares Outstanding	3.93B	3.93B	3.93B	3.93B	3.93B
Net EPS - Diluted	4.21	4.19	2.52	3.46	2.32
Diluted EPS - Continuing Operations	4.21	4.19	2.52	3.46	2.32
Diluted Weighted Average Shares Outstanding	3.93B	3.93B	3.93B	3.93B	3.93B
Normalized Basic EPS	3.15	4.02	2.24	2.7	1.74
Normalized Diluted EPS	3.15	4.02	2.24	2.7	1.74
Dividend Per Share	2.2	2.2	1.7	1.77	1.8
Payout Ratio	55.69	54.92	61.68	49.14	76.33
Supplemental Items
Utility Revenues	24.2B	24.48B	24.06B	28.21B	25.67B
Non Utility Revenues	6.77B	7.75B	2.28B	4.62B	3.1B
EBITDA	20.93B	18.49B	17.95B	22.74B	18.43B
EBITA	17.23B	14.73B	13.91B	18.78B	12.86B
EBIT	17.23B	14.73B	13.91B	18.78B	12.86B
EBITDAR	20.97B	18.52B	17.99B	22.79B	18.48B
Total Revenues (As Reported)	30.97B	32.23B	26.35B	32.82B	28.77B
Effective Tax Rate - (Ratio)	15.74	24.69	24.79	21.31	22.33
Current Domestic Taxes	-	-	2.33B	3.15B	2.04B
Total Current Taxes	5.11B	3.78B	2.33B	3.15B	2.04B
Deferred Domestic Taxes	-	-	930M	534M	583M
Total Deferred Taxes	-2.01B	1.62B	930M	534M	583M
Normalized Net Income	12.37B	15.8B	8.82B	10.59B	6.85B
Interest Capitalized	-	416M	784M	5.4B	9.26B
Interest on Long-Term Debt	702M	287M	531M	1.54B	4.07B
Non-Cash Pension Expense	144M	1.6M	400K	1.1M	8.2M
Supplemental Operating Expense Items
Advertising Expense	56.8M	39.1M	51.3M	138M	141M
Selling and Marketing Expenses	56.8M	39.1M	51.3M	138M	141M
General and Administrative Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	-	-	-	22.6M	15.4M
Net Rental Expense, Total	33.6M	29M	44.6M	50.7M	55.5M
Imputed Operating Lease Interest Expense	37.33M	9.13M	14.4M	27.44M	34.85M
Imputed Operating Lease Depreciation	-3.73M	19.87M	30.2M	23.26M	20.65M
Maintenance & Repair Expenses, Total	432M	440M	404M	511M	620M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	3.12B	978M	293M	3.32B	3.45B
Short Term Investments - (Utility / Insurance Templates)	19.13B	8.5B	21.34B	14.87B	29.3B
Accounts Receivable, Total	8.9B	7.75B	8.24B	6.88B	6.27B
Other Receivables	1.71B	4.67B	1.66B	2.45B	3.36B
Accounts Receivable (Summary Subtotal)	10.62B	12.42B	9.9B	9.34B	9.63B
Inventory - (Utility Template)	529M	595M	630M	740M	831M
Prepaid Expenses	575M	567M	449M	455M	460M
Notes Receivable (Collected)	197M	217M	226M	237M	244M
Other Current Assets, Total	1.87B	4.7B	8.41B	19.38B	5.05B
Total Current Assets	36.03B	27.99B	41.25B	48.34B	48.96B
Gross Property Plant And Equipment	128B	-	195B	278B	351B
Accumulated Depreciation	-25.09B	-	-32.83B	-36.39B	-42.06B
Net Property Plant And Equipment	103B	123B	162B	242B	309B
Regulatory Assets	5.33B	8.62B	8.09B	7.96B	7.84B
Other Intangibles, Total	333M	328M	219M	94.3M	17.3M
Long-Term Investments - (Utility Template)	1.95B	2.22B	2.75B	358M	369M
Accounts Receivable Long-Term	-	-	-	-	-
Loans Receivable Long-Term - (Utility Template)	683M	830M	968M	936M	847M
Deferred Tax Assets Long-Term (Collected)	5.1B	6.23B	5.3B	4.76B	4.18B
Other Long-Term Assets, Total	4.55B	5.8B	11.78B	19.12B	20.31B
Total Assets	157B	175B	232B	323B	392B
Liabilities
Accounts Payable, Total	399M	453M	372M	468M	1.2B
Accrued Expenses, Total	3.11B	6.11B	5.92B	7.27B	7.38B
Short-Term Borrowings	-	522M	4.58B	3.85B	1B
Current Portion of Long-Term Debt	2.42B	2.47B	2.65B	3.6B	4.62B
Current Portion of Leases	104M	90.6M	65.2M	177M	163M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue, Current	322M	322M	322M	350M	400M
Other Current Liabilities - (Bank / Utility Template)	3.51B	8.07B	12.33B	26.98B	26.27B
Total Current Liabilities	9.87B	18.04B	26.25B	42.69B	41.03B
Long-Term Debt	19.72B	18.56B	61.7B	132B	197B
Long-Term Leases	141M	97.1M	58.8M	487M	553M
Unearned Revenue Non Current	8.46B	7.52B	7.29B	7.07B	9.08B
Pension & Other Post Retirement Benefits	855M	966M	1.06B	1.18B	1.29B
Other Non Current Liabilities, Total	100K	1.64B	4.42B	610M	2.35B
Total Liabilities	39.04B	46.82B	101B	185B	251B
Common Stock, Total	39.3B	39.3B	39.3B	39.3B	39.3B
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	76.39B	86.55B	90.34B	97.23B	99.34B
Comprehensive Income and Other	2.07B	2.07B	2.07B	2.07B	2.07B
Total Common Equity	118B	128B	132B	139B	141B
Total Equity	118B	128B	132B	139B	141B
Total Liabilities And Equity	157B	175B	232B	323B	392B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.93B	3.93B	3.93B	3.93B	3.93B
ECS Total Common Shares Outstanding	3.93B	3.93B	3.93B	3.93B	3.93B
Book Value / Share	29.97	32.55	33.51	35.27	35.81
Tangible Book Value	117B	128B	131B	139B	141B
Tangible Book Value Per Share	29.88	32.47	33.46	35.24	35.8
Total Debt	22.38B	21.74B	69.06B	141B	203B
Net Debt	132M	12.26B	47.43B	122B	170B
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.03B	111M	89.5M	79.9M	117M
Debt Equivalent Oper. Leases	269M	232M	357M	406M	444M
Equity Method Investments, Total	1.95B	2.2B	2.73B	341M	351M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Others	563M	854M	694M	849M	937M
Land - (BS)	6.41B	-	7.62B	11.7B	12.91B
Buildings, Total	13.63B	-	14.12B	14.7B	14.73B
Machinery, Total	31.42B	-	31.87B	36.3B	51.13B
Full Time Employees	1.56K	1.5K	1.42K	1.57K	1.3K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	40.2M	40.2M	40.2M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	16.56B	16.46B	9.9B	13.59B	9.11B
Depreciation, Depletion & Amortization	3.84B	3.93B	4.04B	3.96B	5.57B
Total Depreciation, Depletion & Amortization	3.84B	3.93B	4.04B	3.96B	5.57B
Amortization of Deferred Charges, Total	-	-	-	-	-
(Gain) Loss On Sale of Asset - (CF)	47.2M	226M	32.8M	76.2M	-330M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-1.14B	-
Total Asset Writedown	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-55.7M	-38.3M	-44.9M	-42.5M	-41.9M
Change in Accounts Receivable	151M	1.17B	-2.29B	1.35B	624M
Change In Inventories	-46.1M	-66.4M	-65.1M	-101M	-90.1M
Change in Accounts Payable	155M	26.9M	-51.8M	96M	729M
Change in Other Net Operating Assets (Collected)	-2.5B	-2.92B	9.84B	-4.49B	-4.6B
Other Operating Activities	-1.01B	1.04B	8M	3.02B	2.12B
Cash from Operations	17.14B	19.83B	21.38B	16.32B	13.1B
Capital Expenditure	-12.69B	-20.66B	-44.28B	-68.44B	-56.5B
Divestitures	-	-	-	3.55B	-
Investment in Marketable and Equity Securities, Total	8.91B	7.48B	-17.86B	-5.32B	-714M
Other Investing Activities, Total	2.83B	1.73B	818M	1.45B	2.19B
Cash from Investing	-947M	-11.45B	-61.32B	-68.77B	-55.02B
Long-Term Debt Issued, Total	1.06B	1.83B	47.12B	103B	68.22B
Total Debt Issued	1.06B	1.83B	47.12B	103B	68.22B
Long-Term Debt Repaid, Total	-2.33B	-2.44B	-3.22B	-34.58B	-3.12B
Total Debt Repaid	-2.33B	-2.44B	-3.22B	-34.58B	-3.12B
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-9.22B	-9.04B	-6.11B	-6.68B	-6.96B
Common & Preferred Stock Dividends Paid	-9.22B	-9.04B	-6.11B	-6.68B	-6.96B
Other Financing Activities, Total	-2.97B	-1.4B	-1.1B	-5.94B	-13.13B
Cash from Financing	-13.45B	-11.05B	36.69B	55.59B	45.02B
Miscellaneous Cash Flow Adjustments	-	-	-	-	-100K
Net Change in Cash	2.73B	-2.67B	-3.25B	3.14B	3.09B
Supplemental Items
Cash Interest Paid	1.07B	1.4B	1.1B	5.94B	13.13B
Cash Income Tax Paid (Refund)	6.57B	3.01B	3.65B	3.38B	2.67B
Net Debt Issued / Repaid	-1.27B	-615M	43.89B	68.22B	65.1B
Levered Free Cash Flow	1.29B	-4.91B	-29.32B	-48.27B	-31.41B
Unlevered Free Cash Flow	3.19B	-4.63B	-28.67B	-47.22B	-28.77B
Change In Net Working Capital	-1.27B	-2.89B	-2.88B	-5.52B	-14.12B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	7.03	5.51	4.27	4.22	2.25
Return on Total Capital	7.86	6.3	4.96	4.89	2.58
Return On Equity %	14.43	13.25	7.62	10.06	6.53
Return on Common Equity	14.38	13.25	7.62	10.06	6.53
Margin Analysis
Gross Profit Margin %	98.39	98.22	98.33	98.25	96.05
SG&A Margin	11.77	13.04	12.42	10.4	12.23
EBITDA Margin %	77.63	74.41	74.26	77.39	71.44
EBITA Margin %	63.89	59.28	57.53	63.9	49.84
EBIT Margin %	63.89	59.28	57.53	63.9	49.84
Income From Continuing Operations Margin %	61.6	66.21	40.95	46.26	35.34
Net Income Margin %	61.39	66.21	40.95	46.26	35.34
Net Avail. For Common Margin %	61.39	66.21	40.95	46.26	35.34
Normalized Net Income Margin	45.88	63.56	36.49	36.05	26.55
Levered Free Cash Flow Margin	4.78	-19.75	-121.32	-164.29	-121.79
Unlevered Free Cash Flow Margin	11.85	-18.61	-118.61	-160.69	-111.54
Asset Turnover
Asset Turnover	0.18	0.15	0.12	0.11	0.07
Fixed Assets Turnover	0.27	0.22	0.17	0.15	0.09
Receivables Turnover (Average Receivables)	3	2.98	3.02	3.89	3.92
Inventory Turnover (Average Inventory)