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Last Updated on: 21 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Jaiprakash Associates Ltd

About the Company - Jaiprakash Associates Ltd

Jaiprakash Associates Ltd. is a Public Limited Listed company incorporated on 15/11/1995 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L14106UP1995PLC019017 and registration number is 019017. Currently Company is involved in the business activities of Construction of Buildings. Company’s Total Operating Revenue is Rs. 4220.06 Cr. and Equity Capital is Rs. 490.92 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction, Contracting & EngineeringSector-128, Noida Uttar Pradesh 201304jal.investor@jalindia.co.in
http://www.jalindia.com
Management
NamePosition Held
Mr. Manoj GaurExecutive Chairman & CEO
Mr. Sunil Kumar SharmaVice Chairman
Mr. Pankaj GaurJoint Managing Director
Mr. Jaiprakash GaurDirector & Chairman Emeritus
Mr. R B SinghDirector
Mr. Pramod Kumar AgrawalIndependent Director
Mr. Narinder K GroverIndependent Director
Dr. Y MeduryIndependent Director
Mr. Rama RamanIndependent Director
Mr. Krishna M SinghIndependent Director
Mr. Vidhya BasarkodIndependent Director
Mr. Ranvijay SinghWhole Time Director

Basic Stock Data of Jaiprakash Associates Ltd

Last Updated: July 19, 2024, 11:00 pm

Market Cap 1,777 Cr.
Current Price 7.24
High / Low27.2/6.71
Stock P/E
Book Value 10.6
Dividend Yield0.00 %
ROCE3.15 %
ROE%
Face Value 2.00
PEG Ratio0.00

Data Source: screener.in

Jaiprakash Associates Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales1,3171,4402,5171,4841,6901,8891,6391,6601,9541,8761,9081,4291,896
Expenses1,4291,3661,8261,4191,7081,8371,9061,5871,9171,7411,6581,3511,806
Operating Profit-1127469265-1851-26773371362507890
OPM %-9%5%27%4%-1%3%-16%4%2%7%13%5%5%
Other Income4510143161133572-4371-53-3086815
Interest237247259239261288247286313281174226253
Depreciation146145137134143134110100145101779796
Profit before tax-449-308439-291-309-336-552-356-349-299-309-176-245
Tax %-1%2%3%-1%-1%-4%1%-7%3%-5%-2%-4%-1%
Net Profit-453-302424-293-311-348-546-381-340-315-316-183-248
EPS in Rs-1.88-1.231.74-1.18-1.24-1.40-2.20-1.53-1.36-1.26-1.31-0.74-1.00

Last Updated: July 10, 2024, 6:32 pm

Jaiprakash Associates Ltd Quarterly Chart

Jaiprakash Associates Ltd Profit & Loss

Last Updated: July 10, 2024, 6:32 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales14,87418,95019,83219,66618,39713,7597,6459,2107,0356,4065,7527,2636,735
Expenses9,43012,11613,29513,35613,52512,0598,2369,8507,0315,7035,8426,6186,220
Operating Profit5,4436,8356,5386,3104,8711,700-591-6405703-90645515
OPM %37%36%33%32%26%12%-8%-7%0%11%-2%9%8%
Other Income32518953060975-2,9461,262-2612,702207-5-520-415
Interest3,1924,6626,2337,3387,8477,4692,4869881,1591,0019981,056923
Depreciation9521,4361,7081,6941,8201,888782592603568395381367
Profit before tax1,625925-874-2,113-4,721-10,603-2,597-2,481945-659-1,487-1,312-1,189
Tax %42%16%20%27%33%11%0%-7%41%-1%-1%-3%
Net Profit947777-703-1,551-3,164-9,413-2,597-2,644561-667-1,498-1,352-1,223
EPS in Rs2.982.08-3.72-7.13-12.13-35.79-7.96-8.414.50-2.71-6.02-5.47-4.98
Dividend Payout %20%24%-3%-1%0%0%0%0%0%0%0%0%

Jaiprakash Associates Ltd Profit & Loss Yearly Chart

Jaiprakash Associates Ltd Growth

Compounded Sales Growth
10 Years:-10%
5 Years:-7%
3 Years:1%
TTM:-10%
Compounded Profit Growth
10 Years:4%
5 Years:10%
3 Years:2%
TTM:44%
Stock Price CAGR
10 Years:-20%
5 Years:24%
3 Years:-15%
1 Year:-5%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: July 16, 2024, 5:34 pm

Jaiprakash Associates Ltd Balance Sheet

Last Updated: July 10, 2024, 6:32 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital425444444486486486486486486489491491491
Reserves11,05312,1099,82614,46912,0303,3244,1926061,6951,073-406-1,742-2,169
Borrowings53,17463,11172,59975,27466,24638,95328,85928,67819,69219,14619,09716,45815,758
Other Liabilities14,62418,88419,80719,27221,42418,59016,08826,81914,41515,65418,20922,56162,798
Total Liabilities79,27694,548102,676109,501100,18761,35449,62656,59036,28936,36237,39137,76876,878
Fixed Assets26,70142,55745,43453,77542,78518,58919,71419,8459,5898,9888,6184,95844,788
CWIP26,59922,30227,12419,42011,3212,8661,465673679714247193225
Investments3,3013,4623,0423,0262,7132,1271,3181,2101,6711,4621,4621,4921,583
Other Assets22,67626,22727,07633,28043,36937,77227,12934,86024,35125,19827,06431,12530,282
Total Assets79,27694,548102,676109,501100,18761,35449,62656,59036,28936,36237,39137,76876,878

Jaiprakash Associates Ltd Reserves and Borrowings Chart

Jaiprakash Associates Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 5,5224,5533,6966,6765,793-8557708271,076217611,170
Cash from Investing Activity -11,803-7,316-3,6087,000-1,42615,122-3-266-360-116134
Cash from Financing Activity 6,7132,546-518-14,421-4,554-14,220-931-570-743-281-625-960
Net Cash Flow432-216-430-745-18747-165-10330-20020344

Jaiprakash Associates Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days3840396484499385120121194121
Inventory Days1,0427931,1488761,4072,8163,1732,1213,0832,7622,362
Days Payable399325365146257481405392442468334
Cash Conversion Cycle386835078478141,1992,4272,8531,8492,7632,4882,149
Working Capital Days-49-31-95-38373-133292121413617761628
ROCE %8%8%6%5%4%-0%-3%-4%-2%1%-1%3%

Jaiprakash Associates Ltd Financial Efficiency Indicators Chart

Jaiprakash Associates Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters38.47%38.21%38.12%38.30%38.17%38.17%38.17%38.16%38.07%37.74%37.71%29.97%
FIIs0.96%0.98%0.87%0.92%1.10%1.13%1.20%1.07%0.97%0.57%0.89%0.98%
DIIs1.76%1.75%1.75%1.75%1.74%1.69%1.70%1.32%1.28%1.28%1.33%9.24%
Government0.82%0.82%0.81%0.81%0.81%0.81%0.00%0.00%0.00%0.00%0.00%0.00%
Public58.00%58.25%58.45%58.22%58.19%58.20%58.94%59.46%59.68%60.39%60.07%59.81%
No. of Shareholders5,59,8166,08,4346,08,7796,09,9216,13,8736,34,4196,21,2316,19,6136,07,6706,00,8415,84,0295,92,282

Jaiprakash Associates Ltd Shareholding Pattern Chart

No. of Jaiprakash Associates Ltd Shareholders

Jaiprakash Associates Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund1,484,9030.492.243,3482024-07-1944251.94%
Groww Nifty Total Market Index Fund3,3480.020.013,3482024-07-190%

Jaiprakash Associates Ltd ROCE Trend

Jaiprakash Associates Ltd EPS Trend

Jaiprakash Associates Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)-5.46-5.47-6.02-2.724.50
Diluted EPS (Rs.)-5.46-5.47-6.02-2.724.50
Cash EPS (Rs.)-4.89-4.00-3.82-0.406.51
Book Value[Excl.RevalReserv]/Share (Rs.)-10.78-5.310.176.228.83
Book Value[Incl.RevalReserv]/Share (Rs.)-10.78-5.310.176.228.83
Revenue From Operations / Share (Rs.)26.7629.5928.6626.2128.92
PBDIT / Share (Rs.)2.363.340.493.522.12
PBIT / Share (Rs.)0.791.79-1.791.20-0.35
PBT / Share (Rs.)-4.76-3.25-6.06-2.6910.98
Net Profit / Share (Rs.)-6.45-5.56-6.11-2.734.04
NP After MI And SOA / Share (Rs.)-5.46-5.47-6.02-2.714.50
PBDIT Margin (%)8.8211.281.7413.437.34
PBIT Margin (%)2.976.03-6.254.56-1.22
PBT Margin (%)-17.80-10.98-21.15-10.2837.96
Net Profit Margin (%)-24.11-18.78-21.30-10.4113.95
NP After MI And SOA Margin (%)-20.40-18.47-21.01-10.3215.57
Return on Networth / Equity (%)0.000.00-1745.83-42.9450.79
Return on Capital Employeed (%)1.062.20-1.971.26-0.36
Return On Assets (%)-3.70-3.55-3.95-1.813.01
Long Term Debt / Equity (X)-4.74-10.52178.8410.297.66
Total Debt / Equity (X)-5.94-12.80220.9910.678.17
Asset Turnover Ratio (%)0.170.190.100.110.09
Current Ratio (X)1.531.561.581.621.57
Quick Ratio (X)0.640.700.650.640.64
Inventory Turnover Ratio (X)0.180.240.170.130.13
Interest Coverage Ratio (X)0.560.790.110.870.45
Interest Coverage Ratio (Post Tax) (X)0.150.38-0.420.28-0.41
Enterprise Value (Cr.)18857.2617174.5120228.4917427.7417527.06
EV / Net Operating Revenue (X)2.872.362.882.722.49
EV / EBITDA (X)32.5520.95165.2120.2533.92
MarketCap / Net Operating Revenue (X)0.670.230.290.260.03
Price / BV (X)-1.70-1.3624.131.090.12
Price / Net Operating Revenue (X)0.670.230.290.260.03
EarningsYield-0.30-0.78-0.72-0.394.21

Jaiprakash Associates Ltd Profitability Ratios (%)

Jaiprakash Associates Ltd Liquidity Ratios

Jaiprakash Associates Ltd Liquidity Ratios (%)

Jaiprakash Associates Ltd Interest Coverage Ratios (%)

Jaiprakash Associates Ltd Valuation Ratios

Fair Value

Fair Value: 24.33

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: 236.01% compared to the current price 7.24

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Intrinsic Value: 15.21

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: 110.03% compared to the current price 7.24

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: -37.49%

*Investments are subject to market risks

Strength and Weakness of Jaiprakash Associates Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (11.38 cr) and profit (24.23 cr) over the years.
  1. The stock has a low average ROCE of 2.08%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 238.25, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 241.75, which may not be favorable.
  4. The company has higher borrowings (38,627.08) compared to reserves (4,507.58), which may suggest financial risk.

FAQ

What is the latest fair value of Jaiprakash Associates Ltd?

The latest fair value of Jaiprakash Associates Ltd is ₹24.33.

What is the Market Cap of Jaiprakash Associates Ltd?

The Market Cap of Jaiprakash Associates Ltd is 1,777 Cr..

What is the current Stock Price of Jaiprakash Associates Ltd as on 21 July 2024?

The current stock price of Jaiprakash Associates Ltd as on 21 July 2024 is 7.24.

What is the High / Low of Jaiprakash Associates Ltd stocks in FY 2024?

In FY 2024, the High / Low of Jaiprakash Associates Ltd stocks is 27.2/6.71.

What is the Stock P/E of Jaiprakash Associates Ltd?

The Stock P/E of Jaiprakash Associates Ltd is .

What is the Book Value of Jaiprakash Associates Ltd?

The Book Value of Jaiprakash Associates Ltd is 10.6.

What is the Dividend Yield of Jaiprakash Associates Ltd?

The Dividend Yield of Jaiprakash Associates Ltd is 0.00 %.

What is the ROCE of Jaiprakash Associates Ltd?

The ROCE of Jaiprakash Associates Ltd is 3.15 %.

What is the ROE of Jaiprakash Associates Ltd?

The ROE of Jaiprakash Associates Ltd is %.

What is the Face Value of Jaiprakash Associates Ltd?

The Face Value of Jaiprakash Associates 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 Jaiprakash Associates 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