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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

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 & ContractingSector-128, Noida Uttar Pradesh 201304jal.investor@jalindia.co.in
http://www.jalindia.com
Management
NamePosition Held
Mr. Manoj GaurExecutive Chairman & CEO
Mr. Sunil Kumar SharmaExecutive Vice Chairman
Mr. Pankaj GaurJoint Managing Director
Mr. Ranvijay SinghWhole Time Director
Mr. R N BhardwajIndependent Director
Mr. K N BhandariIndependent Director
Ms. Homai A DaruwallaIndependent Director
Mr. S C K PatneIndependent Director
Mr. K P RauIndependent Director
Mr. T R KakkarIndependent Director
Mr. Jaiprakash GaurChairman Emeritus
Mr. Ravindra Kumar SinghDirector
Mr. R B SinghDirector
Mr. Pramod Kumar AgrawalIndependent Director

Jaiprakash Associates Ltd. Share Price Update

Share PriceValue
Today₹26.67
Previous Day₹25.78

Basic Stock Data of Jaiprakash Associates Ltd

Market Cap 5,405 Cr.
Current Price 22.0
High / Low27.2/6.55
Stock P/E
Book Value 6.84
Dividend Yield0.00 %
ROCE2.74 %
ROE%
Face Value 2.00

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

Jaiprakash Associates Ltd Quarterly Chart

Jaiprakash Associates Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales14,87418,95019,83219,66618,39713,7597,6459,2107,0356,4065,7527,2637,109
Expenses9,43012,11613,29513,35613,52512,0598,2369,8508,3365,7035,8426,6186,555
Operating Profit5,4436,8356,5386,3104,8711,700-591-640-1,300703-90645554
OPM %37%36%33%32%26%12%-8%-7%-18%11%-2%9%8%
Other Income32518953060975-2,9461,262-2614,007207-5-520-278
Interest3,1924,6626,2337,3387,8477,4692,4869881,1591,0019981,056934
Depreciation9521,4361,7081,6941,8201,888782592603568395381372
Profit before tax1,625925-874-2,113-4,721-10,603-2,597-2,481945-659-1,487-1,312-1,029
Tax %42%16%20%27%33%11%0%-7%41%-1%-1%-3%
Net Profit947777-703-1,551-3,164-9,413-2,597-2,644561-667-1,498-1,352-1,062
EPS in Rs2.982.08-3.72-7.13-12.13-35.79-7.96-8.414.50-2.71-6.02-5.47-4.31
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:-9%
5 Years:-1%
3 Years:1%
TTM:-6%
Compounded Profit Growth
10 Years:%
5 Years:10%
3 Years:17%
TTM:56%
Stock Price CAGR
10 Years:-5%
5 Years:33%
3 Years:54%
1 Year:195%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Jaiprakash Associates Ltd Balance Sheet

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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 4,2465,5224,5533,6966,6765,793-8557708271,07621761
Cash from Investing Activity -14,230-11,803-7,316-3,6087,000-1,42615,122-3-266-360-116
Cash from Financing Activity 6,0266,7132,546-518-14,421-4,554-14,220-931-570-743-281-625
Net Cash Flow-3,958432-216-430-745-18747-165-10330-20020

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%-7%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)
Motilal Oswal Nifty Microcap 250 Index Fund14849030.492.24
Groww Nifty Total Market Index Fund33480.020.01

Jaiprakash Associates Ltd ROCE Trend

Jaiprakash Associates Ltd EPS Trend

Jaiprakash Associates Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)-5.47-6.02-2.724.50-8.68
Diluted EPS (Rs.)-5.47-6.02-2.724.50-8.68
Cash EPS (Rs.)-4.00-3.82-0.406.51-7.67
Book Value[Excl.RevalReserv]/Share (Rs.)-5.310.176.228.835.61
Book Value[Incl.RevalReserv]/Share (Rs.)-5.310.176.228.835.61
Revenue From Operations / Share (Rs.)29.5928.6626.2128.9244.48
PBDIT / Share (Rs.)3.340.493.522.124.95
PBIT / Share (Rs.)1.79-1.791.20-0.351.92
PBT / Share (Rs.)-3.25-6.06-2.6910.98-9.94
Net Profit / Share (Rs.)-5.56-6.11-2.734.04-10.70
NP After MI And SOA / Share (Rs.)-5.47-6.02-2.714.50-8.68
PBDIT Margin (%)11.281.7413.437.3411.12
PBIT Margin (%)6.03-6.254.56-1.224.32
PBT Margin (%)-10.98-21.15-10.2837.96-22.34
Net Profit Margin (%)-18.78-21.30-10.4113.95-24.05
NP After MI And SOA Margin (%)-18.47-21.01-10.3215.57-19.50
Return on Networth / Equity (%)0.00-1745.83-42.9450.79-204.69
Return on Capital Employeed (%)2.20-1.971.26-0.361.56
Return On Assets (%)-3.55-3.95-1.813.01-3.73
Long Term Debt / Equity (X)-10.52178.8410.297.6624.02
Total Debt / Equity (X)-12.80220.9910.678.1724.94
Asset Turnover Ratio (%)0.190.100.110.090.15
Current Ratio (X)1.561.581.621.571.12
Quick Ratio (X)0.700.650.640.640.29
Inventory Turnover Ratio (X)0.240.170.130.130.22
Interest Coverage Ratio (X)0.790.110.870.450.47
Interest Coverage Ratio (Post Tax) (X)0.38-0.420.28-0.410.11
Enterprise Value (Cr.)17174.5120228.4917427.7417527.0626978.39
EV / Net Operating Revenue (X)2.362.882.722.492.49
EV / EBITDA (X)20.95165.2120.2533.9222.41
MarketCap / Net Operating Revenue (X)0.230.290.260.030.12
Price / BV (X)-1.3624.131.090.121.30
Price / Net Operating Revenue (X)0.230.290.260.030.12
EarningsYield-0.78-0.72-0.394.21-1.58

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 of Jaiprakash Associates Ltd Stock

Fair Value: ₹15.70

The stock is overvalued by 28.65% compared to the current price ₹22

*Investments are subject to market risks

Strength and Weakness of Jaiprakash Associates Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (11.46 cr) and profit (24.23 cr) over the years.
  1. The stock has a low average ROCE of 1.67%, 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 (39,772.69) compared to reserves (5,081.54), which may suggest financial risk.

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