Fundamental Analysis of Jet Freight Logistics Ltd

About the Company - Jet Freight Logistics Ltd

Jet Freight Logistics Ltd. is a Public Limited Listed company incorporated on 13/04/2006 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L63090MH2006PLC161114 and registration number is 161114. Currently Company is involved in the business activities of Freight air transport. Company’s Total Operating Revenue is Rs. 457.05 Cr. and Equity Capital is Rs. 11.60 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Logistics - Warehousing/Supply Chain/Others	C/706, Pramukh Plaza, Opp. Holy Family Church, Mumbai Maharashtra 400099	ir@jfll.com http://www.jfll.com

Management
Name	Position Held
Mr. Richard Francis Theknath	Chairman & Managing Director
Mr. Dax Francis Theknath	Executive Director
Mrs. Agnes Francis Theknath	Non Executive Woman Director
Mr. Keki Cusrow Patel	Independent Director
Ms. Kamalika Guha Roy	Independent Director
Mr. Ajay Madhusudan Gandeja	Additional Director
Mr. Rushabh Prashant Patil	Independent Director

Basic Stock Data of Jet Freight Logistics Ltd

Last Updated: July 26, 2024, 10:28 pm

Market Cap	63.0 Cr.
Current Price	13.6
High / Low	16.9/9.20
Stock P/E
Book Value	13.5
Dividend Yield	0.00 %
ROCE	4.56 %
ROE	0.64 %
Face Value	5.00
PEG Ratio	0.00

Data Source: screener.in

Jet Freight Logistics 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	87.98	105.38	113.44	107.31	129.66	106.64	133.44	103.94	86.98	92.63	113.55	88.24	90.52
Expenses	86.57	100.17	110.06	105.34	127.27	103.63	130.16	103.14	87.43	88.26	114.73	87.84	87.49
Operating Profit	1.41	5.21	3.38	1.97	2.39	3.01	3.28	0.80	-0.45	4.37	-1.18	0.40	3.03
OPM %	1.60%	4.94%	2.98%	1.84%	1.84%	2.82%	2.46%	0.77%	-0.52%	4.72%	-1.04%	0.45%	3.35%
Other Income	0.12	0.20	0.08	0.11	0.12	0.22	0.11	0.23	0.17	0.20	0.17	-1.80	2.79
Interest	0.96	0.93	0.87	1.06	1.11	1.00	1.21	1.22	1.25	1.37	1.38	1.31	1.37
Depreciation	0.53	0.55	0.63	0.68	0.72	0.72	0.69	0.74	0.70	0.68	0.66	0.68	0.58
Profit before tax	0.04	3.93	1.96	0.34	0.68	1.51	1.49	-0.93	-2.23	2.52	-3.05	-3.39	3.87
Tax %	200.00%	29.77%	31.12%	47.06%	35.29%	44.37%	31.54%	96.77%	12.56%	59.52%	0.66%	0.00%	-10.34%
Net Profit	-0.04	2.76	1.36	0.18	0.44	0.84	1.02	-0.03	-1.95	1.02	-3.03	-3.40	4.27
EPS in Rs	-0.01	0.59	0.29	0.04	0.09	0.18	0.22	-0.01	-0.42	0.22	-0.65	-0.73	0.92

Last Updated: July 11, 2024, 9:49 am

Jet Freight Logistics Ltd Quarterly Chart

Jet Freight Logistics Ltd Profit & Loss

Last Updated: July 10, 2024, 6:39 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	29	123	119	143	207	194	252	338	300	347	457	417	385
Expenses	28	121	116	142	202	185	241	327	303	337	446	409	378
Operating Profit	1	2	3	1	4	9	11	10	-4	9	11	8	7
OPM %	3%	2%	2%	1%	2%	5%	4%	3%	-1%	3%	2%	2%	2%
Other Income	0	0	0	3	0	0	0	0	1	1	0	1	1
Interest	0	2	2	2	2	3	3	4	5	4	4	5	5
Depreciation	0	0	0	1	1	1	1	1	1	2	3	3	3
Profit before tax	0	0	1	1	2	6	8	6	-9	4	4	1	-0
Tax %	27%	66%	41%	33%	38%	36%	32%	29%	1%	35%	37%	92%
Net Profit	0	0	1	1	1	4	5	4	-9	3	3	0	-1
EPS in Rs	0.01	0.01	0.02	0.02	0.03	0.89	1.20	0.93	-1.85	0.54	0.61	0.01	-0.24
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	3%	0%	0%	4%	0%

Jet Freight Logistics Ltd Profit & Loss Yearly Chart

Jet Freight Logistics Ltd Growth

Compounded Sales Growth
10 Years:	13%
5 Years:	3%
3 Years:	4%
TTM:	-7%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-767%

Stock Price CAGR
10 Years:	%
5 Years:	5%
3 Years:	-1%
1 Year:	31%

Return on Equity
10 Years:	5%
5 Years:	-2%
3 Years:	2%
Last Year:	-1%

Last Updated: July 26, 2024, 4:58 pm

Jet Freight Logistics Ltd Balance Sheet

Last Updated: July 10, 2024, 6:39 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	3	4	4	4	4	5	6	12	12	12	12	23	23
Reserves	0	1	1	2	3	8	16	14	6	10	13	39	33
Borrowings	10	11	14	14	15	17	30	43	37	31	49	61	58
Other Liabilities	8	10	12	15	23	27	24	24	33	46	36	31	41
Total Liabilities	21	25	31	35	45	58	75	94	88	98	110	154	155
Fixed Assets	3	7	7	6	6	12	12	15	14	29	31	31	28
CWIP	0	0	0	0	0	0	0	0	1	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	17	18	24	29	39	46	63	78	72	69	79	123	126
Total Assets	21	25	31	35	45	58	75	94	88	98	110	154	155

Jet Freight Logistics Ltd Reserves and Borrowings Chart

Jet Freight Logistics 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	2	1	-0	3	2	-13	-1	13	10	-11	-39	17
Cash from Investing Activity	-4	-0	-0	-1	-6	-1	-8	-1	-1	-4	-4	-6
Cash from Financing Activity	1	-1	-1	1	4	12	10	-11	-10	14	43	-11
Net Cash Flow	-2	0	-1	3	0	-1	1	1	-1	-0	-0	0

Jet Freight Logistics 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	146	39	58	57	51	67	83	70	63	42	33	39
Inventory Days	0	0	0	0	0	0	0	0	0
Days Payable
Cash Conversion Cycle	146	39	58	57	51	67	83	70	63	42	33	39
Working Capital Days	67	12	23	16	12	20	50	45	24	-2	8	20
ROCE %	11%	15%	15%	15%	18%	33%	26%	16%	-7%	14%	14%	6%

Jet Freight Logistics Ltd Financial Efficiency Indicators Chart

Jet Freight Logistics Ltd Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	69.66%	69.91%	70.15%	70.15%	51.18%	51.18%	51.18%	51.18%	51.18%	51.18%	50.92%	50.92%
Public	30.35%	30.09%	29.85%	29.85%	48.82%	48.82%	48.81%	48.81%	48.81%	48.81%	49.09%	49.09%
No. of Shareholders	202	680	2,453	3,764	6,680	14,843	17,291	17,418	17,347	18,760	20,724	21,003

Jet Freight Logistics Ltd Shareholding Pattern Chart

No. of Jet Freight Logistics Ltd Shareholders

This stock is not held by any mutual fund

Jet Freight Logistics Ltd ROCE Trend

Jet Freight Logistics Ltd EPS Trend

Jet Freight Logistics Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	10.00	10.00	10.00
Basic EPS (Rs.)	0.04	-0.09	2.56	3.85	-8.87
Diluted EPS (Rs.)	0.04	-0.09	2.56	3.85	-8.87
Cash EPS (Rs.)	0.52	0.52	4.97	4.98	-7.75
Book Value[Excl.RevalReserv]/Share (Rs.)	13.06	13.81	22.82	16.56	16.93
Book Value[Incl.RevalReserv]/Share (Rs.)	13.06	13.81	22.82	16.56	16.93
Revenue From Operations / Share (Rs.)	86.47	91.94	397.82	303.30	261.62
PBDIT / Share (Rs.)	1.70	1.83	10.02	6.84	-4.02
PBIT / Share (Rs.)	1.21	1.22	7.61	5.71	-5.14
PBT / Share (Rs.)	0.03	0.08	4.01	2.27	-8.98
Net Profit / Share (Rs.)	0.03	-0.08	2.56	3.85	-8.87
NP After MI And SOA / Share (Rs.)	0.03	-0.08	2.56	3.85	-8.87
PBDIT Margin (%)	1.96	1.99	2.51	2.25	-1.53
PBIT Margin (%)	1.39	1.32	1.91	1.88	-1.96
PBT Margin (%)	0.03	0.08	1.00	0.74	-3.43
Net Profit Margin (%)	0.04	-0.09	0.64	1.26	-3.38
NP After MI And SOA Margin (%)	0.04	-0.09	0.64	1.26	-3.38
Return on Networth / Equity (%)	0.27	-0.64	11.23	23.24	-52.38
Return on Capital Employeed (%)	7.26	7.05	21.67	20.68	-19.60
Return On Assets (%)	0.09	-0.26	2.61	4.67	-11.29
Long Term Debt / Equity (X)	0.25	0.24	0.51	0.68	0.47
Total Debt / Equity (X)	0.90	0.93	1.85	1.51	1.82
Asset Turnover Ratio (%)	2.45	3.12	4.45	3.77	3.24
Current Ratio (X)	1.46	0.87	0.72	1.01	1.00
Quick Ratio (X)	1.46	0.87	0.72	1.01	1.00
Dividend Payout Ratio (NP) (%)	0.00	0.00	3.90	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	0.00	2.01	0.00	0.00
Earning Retention Ratio (%)	0.00	0.00	96.10	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	0.00	97.99	0.00	0.00
Interest Coverage Ratio (X)	1.29	1.61	2.78	1.98	-1.05
Interest Coverage Ratio (Post Tax) (X)	0.91	0.92	1.71	2.12	-1.31
Enterprise Value (Cr.)	99.00	103.45	124.96	45.08	47.55
EV / Net Operating Revenue (X)	0.24	0.24	0.27	0.12	0.15
EV / EBITDA (X)	12.55	12.16	10.75	5.68	-10.19
MarketCap / Net Operating Revenue (X)	0.14	0.12	0.17	0.05	0.05
Retention Ratios (%)	0.00	0.00	96.09	0.00	0.00
Price / BV (X)	0.94	0.85	2.96	1.01	0.77
Price / Net Operating Revenue (X)	0.14	0.12	0.17	0.05	0.05
EarningsYield	0.00	-0.01	0.03	0.23	-0.67

Jet Freight Logistics Ltd Profitability Ratios (%)

Jet Freight Logistics Ltd Liquidity Ratios

Jet Freight Logistics Ltd Liquidity Ratios (%)

Jet Freight Logistics Ltd Interest Coverage Ratios (%)

Jet Freight Logistics Ltd Valuation Ratios

Fair Value

Fair Value: 1.32

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.

Overvalued: 90.28% compared to the current price 13.6

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

Intrinsic Value: 1.60

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: 88.22% compared to the current price 13.6

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

Last 5 Year EPS CAGR: 21.15%

*Investments are subject to market risks

Strength and Weakness of Jet Freight Logistics Ltd Stock

Strength	Weakness
The stock has a low average Working Capital Days of 24.58, which is a positive sign. The company has shown consistent growth in sales (254.69 cr) and profit (1.85 cr) over the years.	The stock has a low average ROCE of 14.67%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 62.33, which may not be favorable. The company has higher borrowings (31.50) compared to reserves (12.67), which may suggest financial risk.

FAQ

What is the latest fair value of Jet Freight Logistics Ltd?

The latest fair value of Jet Freight Logistics Ltd is ₹1.32.

What is the Market Cap of Jet Freight Logistics Ltd?

The Market Cap of Jet Freight Logistics Ltd is 63.0 Cr..

What is the current Stock Price of Jet Freight Logistics Ltd as on 27 July 2024?

The current stock price of Jet Freight Logistics Ltd as on 27 July 2024 is 13.6.

What is the High / Low of Jet Freight Logistics Ltd stocks in FY 2024?

In FY 2024, the High / Low of Jet Freight Logistics Ltd stocks is 16.9/9.20.

What is the Stock P/E of Jet Freight Logistics Ltd?

The Stock P/E of Jet Freight Logistics Ltd is .

What is the Book Value of Jet Freight Logistics Ltd?

The Book Value of Jet Freight Logistics Ltd is 13.5.

What is the Dividend Yield of Jet Freight Logistics Ltd?

The Dividend Yield of Jet Freight Logistics Ltd is 0.00 %.

What is the ROCE of Jet Freight Logistics Ltd?

The ROCE of Jet Freight Logistics Ltd is 4.56 %.

What is the ROE of Jet Freight Logistics Ltd?

The ROE of Jet Freight Logistics Ltd is 0.64 %.

What is the Face Value of Jet Freight Logistics Ltd?

The Face Value of Jet Freight Logistics Ltd is 5.00.