Fundamental Analysis of Jayant Agro Organics Ltd

About the Company - Jayant Agro Organics Ltd

Jayant Agro Organics Ltd. is a Public Limited Listed company incorporated on 07/05/1992 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24100MH1992PLC066691 and registration number is 066691. Currently Company is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company’s Total Operating Revenue is Rs. 1086.87 Cr. and Equity Capital is Rs. 15.00 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Edible Oils & Solvent Extraction	701, Tower A, Peninsula Business Park, Mumbai Maharashtra 400013	investors@jayantagro.com http://www.jayantagro.com

Management
Name	Position Held
Mr. Abhay V Udeshi	Chairman & Wholetime Director
Mr. Hemant V Udeshi	Managing Director
Mr. Varun A Udeshi	Whole Time Director
Dr. Subhash V Udeshi	Whole Time Director
Mr. Pankaj M Mehta	Independent Director
Mrs. Sucheta N Shah	Independent Director
Mr. Mukesh C Khagram	Independent Director
Mr. Sanjay J Mariwala	Independent Director
Mr. Vijay Kumar Bhandari	Independent Director
Ms. Shweta Jain	Independent Director

Basic Stock Data of Jayant Agro Organics Ltd

Last Updated: July 26, 2024, 10:29 pm

Market Cap	914 Cr.
Current Price	306
High / Low	350/180
Stock P/E	17.3
Book Value	181
Dividend Yield	1.64 %
ROCE	12.2 %
ROE	10.0 %
Face Value	5.00
PEG Ratio	0.18

Data Source: screener.in

Jayant Agro Organics Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	507.03	484.20	642.44	641.00	712.66	593.25	944.86	695.05	525.05	606.66	555.07	540.05	428.88
Expenses	483.44	444.93	604.59	602.93	675.37	554.50	908.95	671.52	511.70	582.27	534.19	512.75	410.78
Operating Profit	23.59	39.27	37.85	38.07	37.29	38.75	35.91	23.53	13.35	24.39	20.88	27.30	18.10
OPM %	4.65%	8.11%	5.89%	5.94%	5.23%	6.53%	3.80%	3.39%	2.54%	4.02%	3.76%	5.06%	4.22%
Other Income	0.11	0.46	0.20	0.25	0.15	0.78	0.10	0.82	0.27	0.54	0.45	-0.06	0.22
Interest	3.77	3.45	5.24	4.73	3.24	2.51	4.91	3.48	3.20	1.76	2.13	2.15	2.26
Depreciation	3.35	3.47	3.32	3.33	3.31	3.69	3.89	3.85	4.00	3.64	3.54	3.60	3.54
Profit before tax	16.58	32.81	29.49	30.26	30.89	33.33	27.21	17.02	6.42	19.53	15.66	21.49	12.52
Tax %	26.24%	26.24%	25.70%	26.14%	26.38%	24.72%	24.22%	29.14%	31.15%	27.09%	26.69%	24.20%	24.52%
Net Profit	12.34	24.30	22.09	22.19	22.83	25.27	20.74	12.23	4.55	14.35	11.61	16.42	9.60
EPS in Rs	3.73	7.70	7.01	7.09	7.32	8.11	6.51	3.82	1.52	4.59	3.56	5.25	3.17

Last Updated: July 11, 2024, 8:08 am

Jayant Agro Organics Ltd Quarterly Chart

Jayant Agro Organics Ltd Profit & Loss

Last Updated: July 10, 2024, 6:34 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	1,832	1,621	1,538	1,581	1,375	1,662	2,549	2,438	2,508	1,639	2,589	2,772	2,131
Expenses	1,744	1,527	1,461	1,523	1,302	1,537	2,405	2,299	2,520	1,542	2,437	2,674	2,040
Operating Profit	88	94	77	58	73	124	145	139	-12	97	152	97	91
OPM %	5%	6%	5%	4%	5%	7%	6%	6%	-0%	6%	6%	4%	4%
Other Income	6	5	23	7	4	4	6	8	5	2	2	2	1
Interest	38	36	35	42	28	32	54	45	40	14	16	13	8
Depreciation	8	13	14	12	12	11	11	11	14	13	14	15	14
Profit before tax	48	50	52	11	38	86	86	91	-61	71	124	71	69
Tax %	35%	28%	22%	2%	34%	33%	34%	36%	43%	26%	26%	27%
Net Profit	31	36	41	11	25	58	57	58	-34	53	92	52	52
EPS in Rs	10.45	12.08	13.53	3.51	8.09	18.31	17.82	18.60	-10.72	16.00	29.53	16.45	16.57
Dividend Payout %	10%	9%	11%	14%	23%	24%	11%	11%	0%	6%	10%	30%

Jayant Agro Organics Ltd Profit & Loss Yearly Chart

Jayant Agro Organics Ltd Growth

Compounded Sales Growth
10 Years:	3%
5 Years:	-2%
3 Years:	9%
TTM:	-23%

Compounded Profit Growth
10 Years:	3%
5 Years:	-1%
3 Years:	3%
TTM:	7%

Stock Price CAGR
10 Years:	18%
5 Years:	16%
3 Years:	2%
1 Year:	41%

Return on Equity
10 Years:	12%
5 Years:	10%
3 Years:	13%
Last Year:	10%

Last Updated: July 25, 2024, 5:29 am

Jayant Agro Organics Ltd Balance Sheet

Last Updated: July 10, 2024, 6:34 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	8	8	8	8	8	8	15	15	15	15	15	15	15
Reserves	139	166	213	213	238	274	307	362	310	366	451	492	503
Borrowings	258	307	381	258	273	414	556	445	182	166	149	87	115
Other Liabilities	135	100	156	103	136	115	157	198	113	131	170	167	158
Total Liabilities	539	581	757	581	654	811	1,036	1,020	621	678	785	761	790
Fixed Assets	201	221	221	231	228	221	219	221	225	217	228	233	229
CWIP	12	16	15	6	7	3	4	2	18	19	12	36	58
Investments	1	0	0	0	0	11	11	12	10	11	11	12	12
Other Assets	325	344	520	343	419	577	802	784	367	431	534	481	492
Total Assets	539	581	757	581	654	811	1,036	1,020	621	678	785	761	790

Jayant Agro Organics Ltd Reserves and Borrowings Chart

Jayant Agro Organics Ltd Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	30	-23	176	12	-104	-79	170	344	40	65	115	17
Cash from Investing Activity	-32	5	-9	-7	-6	-5	-6	-28	-6	-17	-41	-53
Cash from Financing Activity	-5	30	-166	-6	92	85	-163	-313	-36	-35	-81	34
Net Cash Flow	-6	12	1	-1	-18	1	1	3	-1	12	-7	-2

Jayant Agro Organics Ltd Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	23	27	36	24	35	36	35	33	23	35	20	19
Inventory Days	26	33	63	31	56	88	77	84	25	62	56	41
Days Payable	19	9	18	13	19	11	12	20	7	18	16	14
Cash Conversion Cycle	30	51	81	42	72	113	100	97	41	79	60	47
Working Capital Days	34	52	84	53	77	111	99	95	38	73	55	46
ROCE %	22%	19%	16%	10%	13%	19%	17%	16%	-3%	16%	23%	13%

Jayant Agro Organics Ltd Financial Efficiency Indicators Chart

Jayant Agro Organics Ltd Share Holding Pattern

Month	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Promoters	66.40%	66.40%	66.41%	66.44%	66.44%	66.44%	66.44%	67.13%	67.13%	67.13%	67.13%	67.13%
FIIs	0.00%	0.01%	0.01%	0.07%	0.06%	0.09%	0.14%	0.08%	0.04%	0.09%	0.05%	0.16%
DIIs	0.03%	0.07%	0.06%	0.07%	0.07%	0.06%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Public	33.57%	33.52%	33.52%	33.42%	33.43%	33.40%	33.38%	32.76%	32.81%	32.76%	32.81%	32.69%
No. of Shareholders	10,508	12,683	14,216	13,697	13,779	14,552	14,541	14,660	14,354	13,506	13,608	13,939

Jayant Agro Organics Ltd Shareholding Pattern Chart

No. of Jayant Agro Organics Ltd Shareholders

This stock is not held by any mutual fund

Jayant Agro Organics Ltd ROCE Trend

Jayant Agro Organics Ltd EPS Trend

Jayant Agro Organics Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	17.59	16.45	29.53	16.00	-10.72
Diluted EPS (Rs.)	17.59	16.45	29.53	16.00	-10.72
Cash EPS (Rs.)	23.62	22.24	35.24	21.92	-6.83
Book Value[Excl.RevalReserv]/Share (Rs.)	192.20	179.40	164.90	135.05	114.86
Book Value[Incl.RevalReserv]/Share (Rs.)	192.20	179.40	164.90	135.05	114.86
Revenue From Operations / Share (Rs.)	716.68	923.87	863.11	546.28	835.86
PBDIT / Share (Rs.)	32.88	32.97	51.11	32.82	-2.03
PBIT / Share (Rs.)	27.59	27.84	46.56	28.32	-6.84
PBT / Share (Rs.)	24.43	23.39	41.32	23.52	-20.38
Net Profit / Share (Rs.)	18.33	17.11	30.69	17.42	-11.65
NP After MI And SOA / Share (Rs.)	17.59	16.45	29.53	16.00	-10.72
PBDIT Margin (%)	4.58	3.56	5.92	6.00	-0.24
PBIT Margin (%)	3.84	3.01	5.39	5.18	-0.81
PBT Margin (%)	3.40	2.53	4.78	4.30	-2.43
Net Profit Margin (%)	2.55	1.85	3.55	3.18	-1.39
NP After MI And SOA Margin (%)	2.45	1.78	3.42	2.92	-1.28
Return on Networth / Equity (%)	9.71	9.72	18.99	12.60	-9.88
Return on Capital Employeed (%)	13.27	14.25	26.30	19.17	-5.46
Return On Assets (%)	6.04	6.48	11.28	7.13	-5.16
Long Term Debt / Equity (X)	0.01	0.02	0.01	0.01	0.03
Total Debt / Equity (X)	0.28	0.16	0.31	0.39	0.54
Asset Turnover Ratio (%)	2.63	1.79	1.89	1.30	1.18
Current Ratio (X)	2.17	2.63	2.03	1.81	1.42
Quick Ratio (X)	1.04	1.16	0.79	0.86	0.80
Inventory Turnover Ratio (X)	6.33	3.85	4.57	3.64	2.37
Dividend Payout Ratio (NP) (%)	0.00	18.23	3.38	0.00	-22.49
Dividend Payout Ratio (CP) (%)	0.00	13.90	2.93	0.00	-40.85
Earning Retention Ratio (%)	0.00	81.77	96.62	0.00	122.49
Cash Earning Retention Ratio (%)	0.00	86.10	97.07	0.00	140.85
Interest Coverage Ratio (X)	10.41	7.41	9.76	6.83	-0.14
Interest Coverage Ratio (Post Tax) (X)	6.80	4.85	6.86	4.63	0.13
Enterprise Value (Cr.)	830.02	543.62	901.78	576.89	359.65
EV / Net Operating Revenue (X)	0.38	0.19	0.34	0.35	0.14
EV / EBITDA (X)	8.41	5.50	5.88	5.86	-59.14
MarketCap / Net Operating Revenue (X)	0.30	0.15	0.28	0.24	0.06
Retention Ratios (%)	0.00	81.76	96.61	0.00	122.49
Price / BV (X)	1.20	0.87	1.60	1.07	0.52
Price / Net Operating Revenue (X)	0.30	0.15	0.28	0.24	0.06
EarningsYield	0.08	0.11	0.11	0.11	-0.18

Jayant Agro Organics Ltd Profitability Ratios (%)

Jayant Agro Organics Ltd Liquidity Ratios

Jayant Agro Organics Ltd Liquidity Ratios (%)

Jayant Agro Organics Ltd Interest Coverage Ratios (%)

Jayant Agro Organics Ltd Valuation Ratios

Fair Value

Fair Value: 318.27

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: 4.01% compared to the current price 306

Intrinsic Value: 621.03

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: 102.95% compared to the current price 306

Last 5 Year EPS CAGR: 95.13%

*Investments are subject to market risks

Strength and Weakness of Jayant Agro Organics Ltd Stock

Strength	Weakness
The stock has a high average ROCE of 15.08%, which is a positive sign. The company has higher reserves (326.67 cr) compared to borrowings (281.33 cr), indicating strong financial stability. The company has shown consistent growth in sales (1.46 cr) and profit (56.62 cr) over the years.	The stock has a high average Working Capital Days of 68.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 67.75, which may not be favorable.

FAQ

What is the latest fair value of Jayant Agro Organics Ltd?

The latest fair value of Jayant Agro Organics Ltd is ₹318.27.

What is the Market Cap of Jayant Agro Organics Ltd?

The Market Cap of Jayant Agro Organics Ltd is 914 Cr..

What is the current Stock Price of Jayant Agro Organics Ltd as on 27 July 2024?

The current stock price of Jayant Agro Organics Ltd as on 27 July 2024 is 306.

What is the High / Low of Jayant Agro Organics Ltd stocks in FY 2024?

In FY 2024, the High / Low of Jayant Agro Organics Ltd stocks is 350/180.

What is the Stock P/E of Jayant Agro Organics Ltd?

The Stock P/E of Jayant Agro Organics Ltd is 17.3.

What is the Book Value of Jayant Agro Organics Ltd?

The Book Value of Jayant Agro Organics Ltd is 181.

What is the Dividend Yield of Jayant Agro Organics Ltd?

The Dividend Yield of Jayant Agro Organics Ltd is 1.64 %.

What is the ROCE of Jayant Agro Organics Ltd?

The ROCE of Jayant Agro Organics Ltd is 12.2 %.

What is the ROE of Jayant Agro Organics Ltd?

The ROE of Jayant Agro Organics Ltd is 10.0 %.

What is the Face Value of Jayant Agro Organics Ltd?

The Face Value of Jayant Agro Organics Ltd is 5.00.