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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Jai Corp Ltd

About the Company - Jai Corp Ltd

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
Steel - GP/GC SheetsA-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

Jai Corp Ltd. Share Price Update

Share PriceValue
Today₹328.80
Previous Day₹346.10

Basic Stock Data of Jai Corp Ltd

Market Cap 5,809 Cr.
Current Price 326
High / Low424/114
Stock P/E159
Book Value 81.0
Dividend Yield0.15 %
ROCE3.31 %
ROE12.2 %
Face Value 1.00

Data Source: screener.in

Jai Corp Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales118138186187179168195145130125116118
Expenses104120172170165158177141120113109105
Operating Profit1418141714101741011713
OPM %12%13%7%9%8%6%9%3%8%9%6%11%
Other Income94874512675-4366
Interest432110000000
Depreciation333333333333
Profit before tax101191517151820811-351016
Tax %29%27%25%26%29%2%29%63%28%-12%43%27%
Net Profit7214121311181438-39612
EPS in Rs4.040.790.650.710.600.980.800.170.47-2.190.310.65

Jai Corp Ltd Quarterly Chart

Jai Corp Ltd Profit & Loss

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%

Jai Corp Ltd Profit & Loss Yearly Chart

Jai Corp Ltd Growth

Compounded Sales Growth
10 Years:-2%
5 Years:0%
3 Years:4%
TTM:-27%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-16%
Stock Price CAGR
10 Years:19%
5 Years:29%
3 Years:55%
1 Year:171%
Return on Equity
10 Years:1%
5 Years:-1%
3 Years:-2%
Last Year:-12%

Jai Corp Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital18181818181818181818181818
Reserves2,3382,2372,2952,2531,1571,2181,1041,0161,0481,1391,1971,1781,428
Preference Capital111100621231470238236236
Borrowings494541279049231349092030
Other Liabilities876354631099771830452929229828963
Total Liabilities2,4922,3622,4092,3612,1882,2561,8401,6871,5941,5411,5121,4881,509
Fixed Assets222223219206183275274279256230224225218
CWIP1277610620661011
Investments1,4101,1941,1701,1631,2081,269838814748699722805834
Other Assets8489381,012986787706708587585611567458456
Total Assets2,4922,3622,4092,3612,1882,2561,8401,6871,5941,5411,5121,4881,509

Jai Corp Ltd Reserves and Borrowings Chart

Jai Corp Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 28-157797186487161-59172
Cash from Investing Activity 605220275915-475152741704-60
Cash from Financing Activity -637-223-60-149-96-39-559-78-135-158-98-17
Net Cash Flow-4-423-11-10-14-507-3-5

Jai Corp Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days605754454141493848473332
Inventory Days146148138169222171220193206293156182
Days Payable259813214874654
Cash Conversion Cycle181197184201242207261225249334184211
Working Capital Days343389384332293-23030816262323188196
ROCE %6%6%6%4%4%4%3%4%3%4%4%3%

Jai Corp Ltd Financial Efficiency Indicators Chart

Jai Corp Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters73.01%73.01%73.01%73.01%73.01%73.01%73.01%73.01%73.01%73.80%73.80%73.80%
FIIs4.79%4.74%4.74%0.85%0.58%0.64%0.62%0.73%0.78%0.92%0.76%0.92%
DIIs1.61%1.61%1.60%1.61%1.59%1.60%1.59%1.60%1.60%1.60%1.60%1.66%
Public20.59%20.65%20.65%24.54%24.82%24.76%24.78%24.67%24.61%23.68%23.85%23.64%
No. of Shareholders84,70183,97485,51299,05697,71997,39596,64493,03192,22389,86886,14283,113

Jai Corp Ltd Shareholding Pattern Chart

No. of Jai Corp Ltd Shareholders

Jai Corp Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Motilal Oswal Nifty Microcap 250 Index Fund459580.31.39
Groww Nifty Total Market Index Fund1070.010

Jai Corp Ltd ROCE Trend

Jai Corp Ltd EPS Trend

Jai Corp Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)-0.762.955.201.88-6.06
Diluted EPS (Rs.)-0.762.955.201.88-6.06
Cash EPS (Rs.)0.433.265.973.10-4.72
Book Value[Excl.RevalReserv]/Share (Rs.)68.3169.5266.3961.3859.82
Book Value[Incl.RevalReserv]/Share (Rs.)68.3169.5266.3961.3859.82
Revenue From Operations / Share (Rs.)33.3040.3526.4229.5235.61
PBDIT / Share (Rs.)4.324.128.804.885.92
PBIT / Share (Rs.)3.603.398.014.024.92
PBT / Share (Rs.)0.743.207.142.64-5.49
Net Profit / Share (Rs.)-0.282.535.192.24-5.72
NP After MI And SOA / Share (Rs.)-0.762.955.191.88-6.06
PBDIT Margin (%)12.9810.2233.2916.5216.62
PBIT Margin (%)10.818.4030.3313.6013.80
PBT Margin (%)2.247.9327.018.94-15.40
Net Profit Margin (%)-0.856.2619.647.58-16.06
NP After MI And SOA Margin (%)-2.287.3019.636.35-17.00
Return on Networth / Equity (%)-1.134.328.003.14-10.45
Return on Capital Employeed (%)4.364.059.924.516.62
Return On Assets (%)-0.903.435.942.07-6.33
Asset Turnover Ratio (%)0.390.480.300.320.36
Current Ratio (X)16.7413.804.2818.371.33
Quick Ratio (X)10.107.252.1711.100.75
Inventory Turnover Ratio (X)1.843.232.142.542.86
Dividend Payout Ratio (NP) (%)-65.574.582.607.19-2.22
Dividend Payout Ratio (CP) (%)-1236.313.672.264.92-2.66
Earning Retention Ratio (%)165.5795.4297.4092.81102.22
Cash Earning Retention Ratio (%)1336.3196.3397.7495.08102.66
Interest Coverage Ratio (X)401.7721.8010.033.553.11
Interest Coverage Ratio (Post Tax) (X)239.0814.076.752.652.46
Enterprise Value (Cr.)2489.981966.321519.911146.592085.31
EV / Net Operating Revenue (X)4.192.733.222.183.28
EV / EBITDA (X)32.2626.729.6813.1719.74
MarketCap / Net Operating Revenue (X)4.162.713.201.713.24
Retention Ratios (%)165.5795.4197.3992.80102.22
Price / BV (X)2.071.601.300.841.99
Price / Net Operating Revenue (X)4.162.713.201.713.24
EarningsYield-0.010.020.060.03-0.05

Jai Corp Ltd Profitability Ratios (%)

Jai Corp Ltd Liquidity Ratios

Jai Corp Ltd Liquidity Ratios (%)

Jai Corp Ltd Interest Coverage Ratios (%)

Jai Corp Ltd Valuation Ratios

Fair Value of Jai Corp Ltd Stock

Fair Value: ₹1573.59

The stock is undervalued by 382.70% compared to the current price ₹326

*Investments are subject to market risks

Strength and Weakness of Jai Corp Ltd Stock

StrengthWeakness
  1. The company has higher reserves (1,508.31 cr) compared to borrowings (156.62 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 is trading at a high valuation with an average P/B ratio of 4.79 and average Dividend Yield of 15.39%.
  2. The stock has a low average ROCE of 4.25%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 233.67, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 223.00, which may not be favorable.

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 Jai Corp 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