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Last Updated on: 27 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Jagran Prakashan Ltd

About the Company - Jagran Prakashan Ltd

Jagran Prakashan Ltd. is a Public Limited Listed company incorporated on 18/07/1975 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L22219UP1975PLC004147 and registration number is 004147. Currently Company is involved in the business activities of Publishing of newspapers. Company’s Total Operating Revenue is Rs. 1401.23 Cr. and Equity Capital is Rs. 52.73 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Printing/Publishing/StationeryJagran Building, 2, Sarvodaya Nagar, Kanpur Uttar Pradesh 208005investor@jagran.com
http://www.jplcorp.in
Management
NamePosition Held
Mr. Mahendra Mohan GuptaChairman & Managing Director
Mr. Sanjay GuptaWhole Time Director
Mr. Shailesh GuptaWhole Time Director
Mr. Dhirendra Mohan GuptaWhole Time Director
Mr. Sunil GuptaWhole Time Director
Mr. Satish Chandra MishraWhole Time Director
Mr. Anuj PuriDirector
Mr. Devendra Mohan GuptaDirector
Mr. Dilip CherianDirector
Ms. Divya Rupchand KaraniDirector
Mr. Jayant DavarDirector
Mr. Ravi SardanaDirector
Mr. Shailendra Mohan GuptaDirector
Mr. Shailendra SwarupDirector
Mr. Shashidhar Narain SinhaDirector
Mr. Vijay TandonDirector
Mr. Vikram SakhujaDirector
Mr. Sandeep GuptaWhole Time Director

Basic Stock Data of Jagran Prakashan Ltd

Last Updated: July 26, 2024, 10:29 pm

Market Cap 2,213 Cr.
Current Price 102
High / Low130/83.0
Stock P/E13.4
Book Value 88.6
Dividend Yield3.93 %
ROCE10.6 %
ROE8.97 %
Face Value 2.00
PEG Ratio-3.62

Data Source: screener.in

Jagran Prakashan Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales289403406270403519425454454488459455459
Expenses246273317265301351340377368406451385387
Operating Profit431299061011688577868296972
OPM %15%32%22%2%25%32%20%17%19%17%2%15%16%
Other Income1114320181817131960532218
Interest9898888810101176
Depreciation32323229303030282726262727
Profit before tax1310352-1182148645468106255757
Tax %23%25%31%38%25%26%17%25%25%22%8%23%27%
Net Profit107736-76111053405182234442
EPS in Rs0.462.771.35-0.102.354.132.061.571.963.120.932.051.95

Last Updated: July 10, 2024, 6:31 pm

Jagran Prakashan Ltd Quarterly Chart

Jagran Prakashan Ltd Profit & Loss

Last Updated: July 10, 2024, 6:31 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,3561,5221,7031,7702,0792,2832,3042,3632,0971,2891,6161,8561,861
Expenses1,0591,2351,3361,3231,4891,6431,7211,8291,6651,0611,2561,6021,629
Operating Profit296286366446590640583534433228360254232
OPM %22%19%22%25%28%28%25%23%21%18%22%14%12%
Other Income461255311294414741324273145153
Interest16313537553527263334313934
Depreciation7112679104122129136128146129119107106
Profit before tax256255306418508517467421286107282253245
Tax %30%0%26%26%31%32%33%35%2%27%23%22%
Net Profit17825522630835134931127428178217197191
EPS in Rs5.647.696.929.4210.7310.639.638.799.723.198.447.588.05
Dividend Payout %62%26%58%37%-0%28%31%40%-0%-0%-0%44%

Jagran Prakashan Ltd Profit & Loss Yearly Chart

Jagran Prakashan Ltd Growth

Compounded Sales Growth
10 Years:1%
5 Years:-4%
3 Years:14%
TTM:4%
Compounded Profit Growth
10 Years:-2%
5 Years:-8%
3 Years:34%
TTM:20%
Stock Price CAGR
10 Years:-2%
5 Years:2%
3 Years:15%
1 Year:1%
Return on Equity
10 Years:12%
5 Years:9%
3 Years:9%
Last Year:9%

Last Updated: July 26, 2024, 4:59 pm

Jagran Prakashan Ltd Balance Sheet

Last Updated: July 10, 2024, 6:31 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital63666565656562595656534444
Reserves6898698991,0711,5662,0901,9771,8161,8621,9402,0851,7041,791
Borrowings668484490648591308148406281318352443268
Other Liabilities436381471469442748785814738648653739731
Total Liabilities1,8561,8011,9252,2532,6643,2122,9723,0962,9382,9613,1422,9302,833
Fixed Assets8657787917731,4221,4921,4761,4931,4551,3461,2691,0681,037
CWIP66131114721457612322226
Investments2522223323573625355235065268391,0291,020866
Other Assets6726696881,0517341,1099611,093955774842839924
Total Assets1,8561,8011,9252,2532,6643,2122,9723,0962,9382,9613,1422,9302,833

Jagran Prakashan Ltd Reserves and Borrowings Chart

Jagran Prakashan Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 202331439425477391285404348322272297
Cash from Investing Activity -164-170-441156-419102-5837-332-20424928
Cash from Financing Activity -31-18817-57363-605-224-462-2-123-517-307
Net Cash Flow7-28157121-1132-2115-5418

Jagran Prakashan Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days7877737579829698981229889
Inventory Days6156605439523684113647260
Days Payable7770766648827382107114122111
Cash Conversion Cycle62625763695359100104724838
Working Capital Days16414455033707382815741
ROCE %22%19%21%22%24%21%18%17%12%5%11%8%

Jagran Prakashan Ltd Financial Efficiency Indicators Chart

Jagran Prakashan Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters69.40%69.40%69.40%69.40%69.41%69.42%69.42%69.00%69.00%69.00%69.00%69.00%
FIIs2.41%2.69%2.90%3.13%3.18%3.12%3.33%3.39%3.31%3.34%3.54%3.05%
DIIs11.76%11.76%11.82%11.14%10.40%10.44%11.21%11.48%11.09%11.21%10.74%10.61%
Public16.43%16.15%15.88%16.33%17.01%17.01%16.05%16.13%16.60%16.45%16.72%17.33%
No. of Shareholders51,44248,05346,15549,70650,00849,26747,51043,62342,82542,14143,29148,726

Jagran Prakashan Ltd Shareholding Pattern Chart

No. of Jagran Prakashan Ltd Shareholders

Jagran Prakashan Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Mid-Cap Opportunities Fund - Regular Plan13,655,8560.28136.29206,7372024-07-256505.42%
HDFC Small Cap Fund - Regular Plan3,185,7420.1431.79206,7372024-07-251440.96%
HDFC Hybrid Equity Fund - Regular Plan2,453,0940.1224.48206,7372024-07-251086.58%
ICICI Prudential Equity & Debt Fund746,7280.037.45206,7372024-07-25261.2%
JM Value Fund384,6761.343.84206,7372024-07-2586.07%
Aditya Birla Sun Life Balanced Advantage Fund206,7370.032.06206,7372024-07-250%
JM Aggressive Hybrid Fund100,0001.071206,7372024-07-25-51.63%
JM Aggressive Hybrid Fund - Dividend100,0001.071206,7372024-07-25-51.63%

Jagran Prakashan Ltd ROCE Trend

Jagran Prakashan Ltd EPS Trend

Jagran Prakashan Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)8.447.618.413.169.32
Diluted EPS (Rs.)8.447.618.413.169.32
Cash EPS (Rs.)17.1113.9412.717.4315.17
Book Value[Excl.RevalReserv]/Share (Rs.)96.1488.2688.8479.3076.07
Book Value[Incl.RevalReserv]/Share (Rs.)96.1488.2688.8479.3076.07
Revenue From Operations / Share (Rs.)88.8585.2861.2946.3474.58
PBDIT / Share (Rs.)21.0416.5316.1710.0616.53
PBIT / Share (Rs.)11.4911.6311.675.4311.35
PBT / Share (Rs.)10.2211.6310.693.8410.16
Net Profit / Share (Rs.)7.569.048.212.819.99
NP After MI And SOA / Share (Rs.)8.449.188.443.199.72
PBDIT Margin (%)23.6819.3826.3821.7022.16
PBIT Margin (%)12.9213.6319.0411.7215.21
PBT Margin (%)11.5013.6317.448.2913.62
Net Profit Margin (%)8.5010.6013.406.0513.39
NP After MI And SOA Margin (%)9.5010.7613.766.8913.03
Return on Networth / Equity (%)9.5211.4910.454.4714.32
Return on Capital Employeed (%)10.7011.1510.985.6813.45
Return On Assets (%)6.446.757.002.979.26
Long Term Debt / Equity (X)0.040.040.120.130.00
Total Debt / Equity (X)0.090.160.130.130.10
Asset Turnover Ratio (%)0.660.590.520.440.68
Current Ratio (X)2.281.672.402.882.12
Quick Ratio (X)2.181.532.182.721.80
Inventory Turnover Ratio (X)6.846.506.112.533.32
Dividend Payout Ratio (NP) (%)0.0052.770.000.000.00
Dividend Payout Ratio (CP) (%)0.0034.390.000.000.00
Earning Retention Ratio (%)0.0047.230.000.000.00
Cash Earning Retention Ratio (%)0.0065.610.000.000.00
Interest Coverage Ratio (X)16.609.3213.548.3313.94
Interest Coverage Ratio (Post Tax) (X)6.965.107.703.649.42
Enterprise Value (Cr.)2358.392063.812042.112004.601673.74
EV / Net Operating Revenue (X)1.221.111.261.550.79
EV / EBITDA (X)5.155.744.797.173.60
MarketCap / Net Operating Revenue (X)1.160.841.061.270.61
Retention Ratios (%)0.0047.220.000.000.00
Price / BV (X)1.160.900.800.820.67
Price / Net Operating Revenue (X)1.160.841.061.270.61
EarningsYield0.080.120.130.050.21

Jagran Prakashan Ltd Profitability Ratios (%)

Jagran Prakashan Ltd Liquidity Ratios

Jagran Prakashan Ltd Liquidity Ratios (%)

Jagran Prakashan Ltd Interest Coverage Ratios (%)

Jagran Prakashan Ltd Valuation Ratios

Fair Value

Fair Value: 110.68

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 8.51% compared to the current price 102

Intrinsic Value: 106.59

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 4.50% compared to the current price 102

Last 5 Year EPS CAGR: -3.70%

*Investments are subject to market risks

Strength and Weakness of Jagran Prakashan Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 16.67%, which is a positive sign.
  2. The company has higher reserves (1,647.00 cr) compared to borrowings (393.00 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (1.38 cr) and profit (332.38 cr) over the years.
  1. The stock has a high average Working Capital Days of 49.42, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 65.58, which may not be favorable.

FAQ

What is the latest fair value of Jagran Prakashan Ltd?

The latest fair value of Jagran Prakashan Ltd is ₹110.68.

What is the Market Cap of Jagran Prakashan Ltd?

The Market Cap of Jagran Prakashan Ltd is 2,213 Cr..

What is the current Stock Price of Jagran Prakashan Ltd as on 27 July 2024?

The current stock price of Jagran Prakashan Ltd as on 27 July 2024 is 102.

What is the High / Low of Jagran Prakashan Ltd stocks in FY 2024?

In FY 2024, the High / Low of Jagran Prakashan Ltd stocks is 130/83.0.

What is the Stock P/E of Jagran Prakashan Ltd?

The Stock P/E of Jagran Prakashan Ltd is 13.4.

What is the Book Value of Jagran Prakashan Ltd?

The Book Value of Jagran Prakashan Ltd is 88.6.

What is the Dividend Yield of Jagran Prakashan Ltd?

The Dividend Yield of Jagran Prakashan Ltd is 3.93 %.

What is the ROCE of Jagran Prakashan Ltd?

The ROCE of Jagran Prakashan Ltd is 10.6 %.

What is the ROE of Jagran Prakashan Ltd?

The ROE of Jagran Prakashan Ltd is 8.97 %.

What is the Face Value of Jagran Prakashan Ltd?

The Face Value of Jagran Prakashan Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Jagran Prakashan Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE