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Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Jai Corp Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:21 am

Market Cap 5,661 Cr.
Current Price 317
High / Low 438/249
Stock P/E85.0
Book Value 76.8
Dividend Yield0.16 %
ROCE3.85 %
ROE3.39 %
Face Value 1.00
PEG Ratio-3.73

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hindustan Adhesives Ltd 216 Cr. 421 539/30013.6 1630.00 %20.6 %24.1 % 10.0
G M Polyplast Ltd 210 Cr. 156 216/12437.3 26.30.32 %33.9 %24.8 % 10.0
Duropack Ltd 57.9 Cr. 110 122/65.022.5 37.80.00 %13.8 %10.6 % 10.0
Bansal Roofing Products Ltd 109 Cr. 82.3 164/67.836.4 22.00.00 %17.2 %13.8 % 10.0
Amco India Ltd 36.2 Cr. 88.0 124/54.032.3 88.70.00 %3.29 %0.91 % 10.0
Industry Average1,070.57 Cr174.9438.2467.340.08%15.03%12.49%7.44

All Competitor Stocks of

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales138186187179168195145130125116118107
Expenses12017217016515817714112011310910595
Operating Profit1814171410174101171312
OPM %13%7%9%8%6%9%3%8%9%6%11%11%
Other Income874512675-43667
Interest321100000000
Depreciation333333333333
Profit before tax191517151820811-35101616
Tax %27%25%26%29%2%29%63%28%-12%43%27%26%
Net Profit14121311181438-3961212
EPS in Rs0.790.650.710.600.980.800.170.47-2.190.310.650.67

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales683695748706669695588636527472720594488
Expenses586583629616581616525565481423665551447
Operating Profit9711311990887963714548554441
OPM %14%16%16%13%13%11%11%11%9%10%8%7%8%
Other Income121655123182126-1233511227-26-26
Interest3332837852342516400
Depreciation18181823181718181514131313
Profit before tax197157149875518-104401306652
Tax %30%32%33%34%366%465%106%-4%17%29%20%383%
Net Profit13710710052-14-18-1-108349353-14-14
EPS in Rs7.705.985.582.94-0.79-1.02-0.11-6.061.885.192.95-0.76-0.76
Dividend Payout %6%8%9%17%-63%-49%-470%-8%27%10%17%-66%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-21.90%-6.54%-48.00%-126.92%-28.57%94.44%-10700.00%131.48%173.53%-43.01%-126.42%
Change in YoY Net Profit Growth (%)0.00%15.36%-41.46%-78.92%98.35%123.02%-10794.44%10831.48%42.05%-216.54%-83.40%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:-5%
5 Years:-6%
3 Years:-1%
TTM:0%
Compounded Profit Growth
10 Years:-8%
5 Years:51%
3 Years:14%
TTM:104%
Stock Price CAGR
10 Years:16%
5 Years:28%
3 Years:37%
1 Year:-14%
Return on Equity
10 Years:0%
5 Years:0%
3 Years:-2%
Last Year:3%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:23 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital18181818181818181818181818
Reserves2,2372,2952,2531,1571,2181,1041,0161,0481,1391,1971,1781,2331,352
Borrowings4642279049236225804703302362392360
Other Liabilities6254621099797735954625349101
Total Liabilities2,3622,4092,3612,1882,2561,8401,6871,5941,5411,5121,4881,5351,471
Fixed Assets223219206183275274279256230224225213209
CWIP776106206610112
Investments1,1941,1701,1631,2081,269838814748699722805882818
Other Assets9381,012986787706708587585611567458440442
Total Assets2,3622,4092,3612,1882,2561,8401,6871,5941,5411,5121,4881,5351,471

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-157797186487161-5917241
Cash from Investing Activity +220275915-475152741704-60-30
Cash from Financing Activity +-223-60-149-96-39-559-78-135-158-98-17-11
Net Cash Flow-423-11-10-14-507-3-5-0

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow97.0067.0077.0063.00-816.00-844.00-559.00-509.00-425.00-282.00-181.00-195.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days575445414149384847333239
Inventory Days148138169222171220193206293156182243
Days Payable98132148746548
Cash Conversion Cycle197184201242207261225249334184211275
Working Capital Days389384332293-23030816262323188196241
ROCE %6%6%4%4%4%3%4%3%4%4%3%4%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters73.01%73.01%73.01%73.01%73.01%73.80%73.80%73.80%73.80%73.80%73.80%73.79%
FIIs0.58%0.64%0.62%0.73%0.78%0.92%0.76%0.92%1.44%1.73%1.68%1.61%
DIIs1.59%1.60%1.59%1.60%1.60%1.60%1.60%1.66%1.65%1.63%1.64%1.60%
Public24.82%24.76%24.78%24.67%24.61%23.68%23.85%23.64%23.13%22.85%22.90%22.99%
No. of Shareholders97,71997,39596,64493,03192,22389,86886,14283,11383,49382,99882,52587,655

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund45,9580.31.3945,9582024-12-190%
Groww Nifty Total Market Index Fund1070.01045,9582024-12-19-99.77%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)2.94-0.762.955.201.88
Diluted EPS (Rs.)2.94-0.762.955.201.88
Cash EPS (Rs.)3.720.433.265.973.10
Book Value[Excl.RevalReserv]/Share (Rs.)71.2568.3169.5266.3961.38
Book Value[Incl.RevalReserv]/Share (Rs.)71.2568.3169.5266.3961.38
Revenue From Operations / Share (Rs.)25.9533.3040.3526.4229.52
PBDIT / Share (Rs.)4.824.324.128.804.88
PBIT / Share (Rs.)4.143.603.398.014.02
PBT / Share (Rs.)4.130.743.207.142.64
Net Profit / Share (Rs.)3.04-0.282.535.192.24
NP After MI And SOA / Share (Rs.)2.94-0.762.955.191.88
PBDIT Margin (%)18.5812.9810.2233.2916.52
PBIT Margin (%)15.9410.818.4030.3313.60
PBT Margin (%)15.902.247.9327.018.94
Net Profit Margin (%)11.70-0.856.2619.647.58
NP After MI And SOA Margin (%)11.33-2.287.3019.636.35
Return on Networth / Equity (%)4.19-1.134.328.003.14
Return on Capital Employeed (%)4.834.364.059.924.51
Return On Assets (%)3.38-0.903.435.942.07
Asset Turnover Ratio (%)0.300.390.480.300.32
Current Ratio (X)20.5616.7413.804.2818.37
Quick Ratio (X)12.9010.107.252.1711.10
Inventory Turnover Ratio (X)1.511.843.232.142.54
Dividend Payout Ratio (NP) (%)16.99-65.574.582.607.19
Dividend Payout Ratio (CP) (%)13.78-1236.313.672.264.92
Earning Retention Ratio (%)83.01165.5795.4297.4092.81
Cash Earning Retention Ratio (%)86.221336.3196.3397.7495.08
Interest Coverage Ratio (X)467.62401.7721.8010.033.55
Interest Coverage Ratio (Post Tax) (X)297.66239.0814.076.752.65
Enterprise Value (Cr.)5053.042489.981966.321519.911146.59
EV / Net Operating Revenue (X)10.914.192.733.222.18
EV / EBITDA (X)58.7332.2626.729.6813.17
MarketCap / Net Operating Revenue (X)10.894.162.713.201.71
Retention Ratios (%)83.00165.5795.4197.3992.80
Price / BV (X)4.032.071.601.300.84
Price / Net Operating Revenue (X)10.894.162.713.201.71
EarningsYield0.01-0.010.020.060.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 221.65

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.

As of December 22, 2024, is Overvalued by 30.08% compared to the current share price 317.00

Intrinsic Value of as of December 22, 2024 is: 171.18

Calculation basis:

  • Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Overvalued by 46.00% compared to the current share price 317.00

Last 5 Year EPS CAGR: -22.77%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (1,417.46 cr) compared to borrowings (358.08 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (632.38 cr) and profit (58.23 cr) over the years.
  1. The stock has a low average ROCE of 4.08%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 225.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 230.83, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 11.7%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 4.83% (Industry Average ROCE: 15.03%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 4.19% (Industry Average ROE: 12.49%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 297.66
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 12.9
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 85 (Industry average Stock P/E: 38.24)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Jai Corp Ltd. is a Public Limited Listed company incorporated on 06/06/1985 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L17120MH1985PLC036500 and registration number is 036500. Currently company belongs to the Industry of Steel - GP/GC Sheets. Company’s Total Operating Revenue is Rs. 716.14 Cr. and Equity Capital is Rs. 17.85 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Plastics - Sheets/FilmsA-3, M.I.D.C. Indl. Area, Nanded Maharashtra 431603jaicorp@jaicorpindia.com
http://www.jaicorpindia.com
Management
NamePosition Held
Mr. Anand JainChairman
Mr. Virendra JainVice Chairman
Mr. Gaurav JainManaging Director & CEO
Ms. Priyanka FadiaIndependent Director
Mr. Kaushik DevaIndependent Director
Ms. Shruti ShahIndependent Director
Ms. Amita JasaniIndependent Director
Mr. Dinesh PaliwalDirector - Works

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹221.65, which is 30.08% lower than the current market price of ₹317.00. The stock has a market capitalization of 5,661 Cr. and recorded a high/low of 438/249 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,352 Cr and total liabilities of ₹1,471 Cr.

What is the Market Cap of ?

The Market Cap of is 5,661 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 317.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 438/249.

What is the Stock P/E of ?

The Stock P/E of is 85.0.

What is the Book Value of ?

The Book Value of is 76.8.

What is the Dividend Yield of ?

The Dividend Yield of is 0.16 %.

What is the ROCE of ?

The ROCE of is 3.85 %.

What is the ROE of ?

The ROE of is 3.39 %.

What is the Face Value of ?

The Face Value of is 1.00.

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 . 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