Jaiprakash Associates Ltd

The company exhibits a distressed capital structure characterized by negative total equity of -53.2 billion INR and total liabilities of 399.2 billion INR exceeding total assets of 346.0 billion INR. Long-term debt stands at 186.6 billion INR, resulting in a debt-to-equity ratio of -3.51. Liquidity is assessed as medium risk, supported by a current ratio of 1.33 and cash and equivalents of 3.3 billion INR. Operating cash flow is positive at 5.6 billion INR, but free cash flow is negative at -23.5 billion INR, driven by capital expenditures of -1.5 billion INR and other cash outflows.

Profitability metrics indicate significant operational challenges, with a net income loss of -27.4 billion INR on revenue of 58.0 billion INR. The operating income is negative at -22.0 billion INR, despite a gross profit of 11.0 billion INR, suggesting high operating expenses or non-operating charges. Return on equity is reported as 0.52, a metric that is distorted by the negative equity base, while return on assets is -0.08. Without cohort median data, direct comparative analysis of profitability efficiency is not possible, but the absolute loss magnitude represents a severe drag on shareholder value.