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Last Updated on: 19 June, 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
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

Basic Stock Data of Jai Corp Ltd

Last Updated: June 17, 2024, 8:29 pm

Market Cap 6,784 Cr.
Current Price 380
High / Low424/161
Stock P/E128
Book Value 83.3
Dividend Yield0.13 %
ROCE4.50 %
ROE3.94 %
Face Value 1.00
PEG Ratio-5.62

Jai Corp Ltd Quarterly Results

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: June 10, 2024, 4:07 pm

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:-5%
5 Years:-6%
3 Years:-1%
TTM:-22%
Compounded Profit Growth
10 Years:-6%
5 Years:56%
3 Years:23%
TTM:136%
Stock Price CAGR
10 Years:14%
5 Years:30%
3 Years:38%
1 Year:122%
Return on Equity
10 Years:1%
5 Years:0%
3 Years:-1%
Last Year:4%

Last Updated: June 17, 2024, 2:59 pm

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

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters73.01%73.01%73.01%73.01%73.01%73.01%73.01%73.80%73.80%73.80%73.80%73.80%
FIIs4.74%0.85%0.58%0.64%0.62%0.73%0.78%0.92%0.76%0.92%1.44%1.73%
DIIs1.60%1.61%1.59%1.60%1.59%1.60%1.60%1.60%1.60%1.66%1.65%1.63%
Public20.65%24.54%24.82%24.76%24.78%24.67%24.61%23.68%23.85%23.64%23.13%22.85%
No. of Shareholders85,51299,05697,71997,39596,64493,03192,22389,86886,14283,11383,49382,998

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)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund45,9580.31.3945,9582024-06-150%
Groww Nifty Total Market Index Fund1070.01045,9582024-06-15-99.77%

Jai Corp Ltd ROCE Trend

Jai Corp Ltd EPS Trend

Jai Corp Ltd 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.)84.4468.3169.5266.3961.38
Book Value[Incl.RevalReserv]/Share (Rs.)84.4468.3169.5266.3961.38
Revenue From Operations / Share (Rs.)25.9433.3040.3526.4229.52
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 (%)11.34-2.287.3019.636.35
Return on Networth / Equity (%)3.53-1.134.328.003.14
Return on Capital Employeed (%)4.844.364.059.924.51
Return On Assets (%)3.38-0.903.435.942.07
Asset Turnover Ratio (%)0.300.390.480.300.32
Current Ratio (X)20.5516.7413.804.2818.37
Quick Ratio (X)12.9010.107.252.1711.10
Inventory Turnover Ratio (X)1.511.843.232.142.54
Dividend Payout Ratio (NP) (%)0.00-65.574.582.607.19
Dividend Payout Ratio (CP) (%)0.00-1236.313.672.264.92
Earning Retention Ratio (%)0.00165.5795.4297.4092.81
Cash Earning Retention Ratio (%)0.001336.3196.3397.7495.08
Interest Coverage Ratio (X)478.06401.7721.8010.033.55
Interest Coverage Ratio (Post Tax) (X)304.33239.0814.076.752.65
Enterprise Value (Cr.)5053.862489.981966.321519.911146.59
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 (%)0.00165.5795.4197.3992.80
Price / BV (X)3.392.071.601.300.84
Price / Net Operating Revenue (X)10.894.162.713.201.71
EarningsYield0.01-0.010.020.060.03

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

Fair Value: 420.64

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: 10.70% compared to the current price 380

Intrinsic Value: 324.86

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.

Overvalued: 14.51% compared to the current price ₹380

Last 5 Year EPS CAGR: -22.77%

*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 has a low average ROCE of 4.25%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 233.67, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 223.00, which may not be favorable.

FAQ

What is the latest fair value of Jai Corp Ltd?

The latest fair value of Jai Corp Ltd is ₹420.64.

What is the Market Cap of Jai Corp Ltd?

The Market Cap of Jai Corp Ltd is 6,784 Cr..

What is the current Stock Price of Jai Corp Ltd as on 19 June 2024?

The current stock price of Jai Corp Ltd as on 19 June 2024 is ₹380.

What is the High / Low of Jai Corp Ltd stocks in FY 2024?

In FY 2024, the High / Low of Jai Corp Ltd stocks is 424/161.

What is the Stock P/E of Jai Corp Ltd?

The Stock P/E of Jai Corp Ltd is 128.

What is the Book Value of Jai Corp Ltd?

The Book Value of Jai Corp Ltd is 83.3.

What is the Dividend Yield of Jai Corp Ltd?

The Dividend Yield of Jai Corp Ltd is 0.13 %.

What is the ROCE of Jai Corp Ltd?

The ROCE of Jai Corp Ltd is 4.50 %.

What is the ROE of Jai Corp Ltd?

The ROE of Jai Corp Ltd is 3.94 %.

What is the Face Value of Jai Corp Ltd?

The Face Value of Jai Corp Ltd 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 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