Fundamental Analysis of Jindal Worldwide Ltd

About the Company - Jindal Worldwide Ltd

Jindal Worldwide Ltd. is a Public Limited Listed company incorporated on 02/09/1986 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L17110GJ1986PLC008942 and registration number is 008942. Currently Company is involved in the business activities of Finishing of cotton and blended cotton textiles.. Company’s Total Operating Revenue is Rs. 2584.05 Cr. and Equity Capital is Rs. 20.05 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Textiles - General	Jindal House, Opp D'mart, I.O.C. Petrol Pump Lane, Ahmedabad Gujarat 380015	info@jindaltextiles.com http://www.jindaltextiles.com

Management
Name	Position Held
Dr. Yamunadutt Agrawal	Chairman, Non Ind & Non Exe Director
Mr. Amit Agrawal	Vice Chairman & Mng.Director
Mr. Vikram Oza	Non Exe.Non Ind.Director
Mr. Ashish Shah	Ind. Non-Executive Director
Mr. Mukesh Gupta	Ind. Non-Executive Director
Mr. Sidharath Kapur	Ind. Non-Executive Director
Mrs. Jasdev Kaur Rait	Ind. Non-Executive Director
Mr. Rajesh Jain	Ind. Non-Executive Director

Basic Stock Data of Jindal Worldwide Ltd

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

Market Cap	7,570 Cr.
Current Price	378
High / Low	440/268
Stock P/E	100
Book Value	35.9
Dividend Yield	0.05 %
ROCE	9.83 %
ROE	11.0 %
Face Value	1.00
PEG Ratio	5.28

Data Source: screener.in

Jindal Worldwide 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	590	642	524	631	676	729	639	478	404	549	411	392	438
Expenses	544	618	482	582	617	663	565	416	361	492	368	357	387
Operating Profit	46	24	43	49	59	66	74	61	43	57	42	35	51
OPM %	8%	4%	8%	8%	9%	9%	12%	13%	11%	10%	10%	9%	12%
Other Income	3	19	1	4	1	0	1	1	2	0	0	0	1
Interest	9	11	11	11	11	12	12	13	14	13	15	11	15
Depreciation	8	7	8	8	8	8	7	8	9	9	8	8	8
Profit before tax	33	25	25	33	41	46	56	41	22	36	19	16	28
Tax %	23%	36%	25%	25%	25%	25%	25%	20%	32%	25%	29%	22%	25%
Net Profit	25	16	19	25	31	35	42	33	15	27	14	13	21
EPS in Rs	1.26	0.81	0.94	1.25	1.53	1.72	2.08	1.63	0.74	1.32	0.68	0.64	1.05

Last Updated: July 11, 2024, 2:19 pm

Jindal Worldwide Ltd Quarterly Chart

Jindal Worldwide Ltd Profit & Loss

Last Updated: July 10, 2024, 6:42 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	502	604	779	837	1,008	1,157	1,650	2,212	2,199	1,700	2,559	2,070	1,756
Expenses	465	559	710	752	868	1,020	1,465	2,013	2,060	1,583	2,343	1,832	1,578
Operating Profit	38	45	69	85	140	138	184	199	139	116	216	238	177
OPM %	8%	7%	9%	10%	14%	12%	11%	9%	6%	7%	8%	12%	10%
Other Income	4	3	4	7	1	28	8	7	7	25	5	1	3
Interest	19	22	23	25	43	36	54	74	61	49	45	52	53
Depreciation	5	6	18	32	47	49	53	88	45	29	30	34	35
Profit before tax	17	20	32	35	51	81	85	44	39	62	146	154	93
Tax %	12%	31%	21%	24%	21%	18%	31%	30%	28%	29%	25%	25%
Net Profit	15	14	25	27	40	66	59	31	28	44	109	116	68
EPS in Rs	0.75	0.68	1.27	1.33	2.01	3.31	2.92	1.50	1.42	2.20	5.45	5.77	3.38
Dividend Payout %	7%	7%	4%	4%	2%	2%	2%	3%	4%	7%	2%	3%

Jindal Worldwide Ltd Profit & Loss Yearly Chart

Jindal Worldwide Ltd Growth

Compounded Sales Growth
10 Years:	9%
5 Years:	-4%
3 Years:	2%
TTM:	-12%

Compounded Profit Growth
10 Years:	12%
5 Years:	21%
3 Years:	36%
TTM:	-35%

Stock Price CAGR
10 Years:	39%
5 Years:	40%
3 Years:	68%
1 Year:	17%

Return on Equity
10 Years:	15%
5 Years:	14%
3 Years:	17%
Last Year:	11%

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

Jindal Worldwide Ltd Balance Sheet

Last Updated: July 10, 2024, 6:42 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	20	20	20	20	20	20	20	20	20	20	20	20	20
Reserves	80	95	119	153	192	251	300	330	356	400	516	630	652
Borrowings	115	158	310	356	342	372	565	646	529	444	599	837	714
Other Liabilities	79	115	157	139	166	167	367	410	208	149	109	190	151
Total Liabilities	295	389	607	667	720	811	1,252	1,405	1,112	1,013	1,244	1,677	1,538
Fixed Assets	98	155	297	350	338	299	395	568	296	224	205	370	365
CWIP	2	2	4	12	0	25	27	0	0	6	0	9	9
Investments	9	8	6	5	5	5	3	4	20	11	19	24	24
Other Assets	186	223	300	299	378	482	826	834	797	771	1,020	1,275	1,140
Total Assets	295	389	607	667	720	811	1,252	1,405	1,112	1,013	1,244	1,677	1,538

Jindal Worldwide Ltd Reserves and Borrowings Chart

Jindal Worldwide 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	40	16	97	99	8	39	271	22	83	-104	306	5
Cash from Investing Activity	-61	-157	-91	-20	-10	-166	-118	215	65	-2	-212	-5
Cash from Financing Activity	19	125	17	-100	-0	140	-143	-250	-135	105	184	-8
Net Cash Flow	-2	-15	22	-21	-2	13	9	-13	13	-0	278	-8

Jindal Worldwide 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	33	36	42	37	64	67	88	60	71	82	68	88
Inventory Days	40	63	90	76	70	58	93	65	52	82	50	86
Days Payable	54	72	69	52	77	51	113	85	31	34	17	41
Cash Conversion Cycle	19	27	62	62	57	74	68	40	91	130	102	133
Working Capital Days	54	53	74	67	66	94	91	55	92	128	127	138
ROCE %	17%	17%	15%	12%	18%	15%	18%	12%	11%	10%	19%	16%

Jindal Worldwide Ltd Financial Efficiency Indicators Chart

Jindal Worldwide Ltd Share Holding Pattern

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	61.15%	61.27%	61.32%	61.32%	61.32%	61.32%	61.32%	61.32%	61.32%	61.31%	61.31%	60.31%
FIIs	0.00%	0.02%	0.06%	0.13%	0.13%	0.13%	0.12%	0.08%	0.03%	0.63%	0.46%	0.03%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.02%	0.02%	0.01%	0.02%
Public	38.85%	38.70%	38.62%	38.54%	38.55%	38.53%	38.55%	38.59%	38.64%	38.03%	38.21%	39.64%
No. of Shareholders	7,095	9,290	12,795	15,537	14,525	13,518	12,001	11,870	11,635	12,731	14,260	13,624

Jindal Worldwide Ltd Shareholding Pattern Chart

No. of Jindal Worldwide Ltd Shareholders

Jindal Worldwide Ltd Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Motilal Oswal Nifty Microcap 250 Index Fund	25,845	0.19	0.89	25,845	2024-07-24	0%
Groww Nifty Total Market Index Fund	59	0.01	0	25,845	2024-07-24	-99.77%

Jindal Worldwide Ltd ROCE Trend

Jindal Worldwide Ltd EPS Trend

Jindal Worldwide Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	3.77	5.77	5.90	2.20	1.42
Diluted EPS (Rs.)	3.77	5.77	5.90	2.20	1.42
Cash EPS (Rs.)	5.44	7.46	6.99	3.66	3.69
Book Value[Excl.RevalReserv]/Share (Rs.)	35.86	32.41	26.71	20.97	18.76
Book Value[Incl.RevalReserv]/Share (Rs.)	35.86	32.41	26.71	20.97	18.76
Revenue From Operations / Share (Rs.)	90.47	103.23	127.63	84.76	109.66
PBDIT / Share (Rs.)	9.25	11.96	11.11	7.03	7.26
PBIT / Share (Rs.)	7.58	10.27	9.59	5.57	5.00
PBT / Share (Rs.)	5.11	7.68	7.30	3.11	1.96
Net Profit / Share (Rs.)	3.77	5.77	5.47	2.20	1.42
NP After MI And SOA / Share (Rs.)	3.77	5.77	5.45	2.20	1.42
PBDIT Margin (%)	10.22	11.58	8.70	8.29	6.62
PBIT Margin (%)	8.37	9.94	7.51	6.57	4.55
PBT Margin (%)	5.65	7.44	5.71	3.67	1.78
Net Profit Margin (%)	4.17	5.59	4.28	2.60	1.29
NP After MI And SOA Margin (%)	4.17	5.59	4.26	2.60	1.29
Return on Networth / Equity (%)	10.52	17.80	20.38	10.51	7.57
Return on Capital Employeed (%)	16.22	21.93	29.37	20.28	18.41
Return On Assets (%)	4.34	6.89	8.78	4.36	2.56
Long Term Debt / Equity (X)	0.28	0.42	0.20	0.26	0.40
Total Debt / Equity (X)	1.23	1.29	1.12	0.95	1.04
Asset Turnover Ratio (%)	1.06	1.61	2.27	1.62	1.61
Current Ratio (X)	1.66	1.72	1.73	1.66	1.40
Quick Ratio (X)	1.25	1.29	1.29	1.06	0.96
Inventory Turnover Ratio (X)	3.77	5.44	6.67	4.48	5.14
Dividend Payout Ratio (NP) (%)	0.00	1.73	2.75	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	1.33	2.15	0.00	0.00
Earning Retention Ratio (%)	0.00	98.27	97.25	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	98.67	97.85	0.00	0.00
Interest Coverage Ratio (X)	3.75	4.63	4.85	2.86	2.39
Interest Coverage Ratio (Post Tax) (X)	2.53	3.23	3.39	1.90	1.47
Enterprise Value (Cr.)	6812.70	6954.14	6181.22	1331.08	1009.97
EV / Net Operating Revenue (X)	3.76	3.36	2.42	0.78	0.45
EV / EBITDA (X)	36.74	29.00	27.75	9.44	6.93
MarketCap / Net Operating Revenue (X)	3.44	3.11	2.19	0.56	0.29
Retention Ratios (%)	0.00	98.26	97.24	0.00	0.00
Price / BV (X)	8.67	9.89	10.48	2.30	1.71
Price / Net Operating Revenue (X)	3.44	3.11	2.19	0.56	0.29
EarningsYield	0.01	0.01	0.01	0.04	0.04

Jindal Worldwide Ltd Profitability Ratios (%)

Jindal Worldwide Ltd Liquidity Ratios

Jindal Worldwide Ltd Liquidity Ratios (%)

Jindal Worldwide Ltd Interest Coverage Ratios (%)

Jindal Worldwide Ltd Valuation Ratios

Fair Value

Fair Value: 395.10

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: 4.52% compared to the current price 378

Intrinsic Value: 469.93

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: 24.32% compared to the current price 378

Last 5 Year EPS CAGR: 18.94%

*Investments are subject to market risks

Strength and Weakness of Jindal Worldwide Ltd Stock

Strength	Weakness
The company has shown consistent growth in sales (210.38 cr) and profit (66.08 cr) over the years.	The stock has a low average ROCE of 15.00%, which may not be favorable. The stock has a high average Working Capital Days of 86.58, which may not be favorable. The stock has a high average Cash Conversion Cycle of 72.08, which may not be favorable. The company has higher borrowings (503.42) compared to reserves (336.75), which may suggest financial risk.

FAQ

What is the latest fair value of Jindal Worldwide Ltd?

The latest fair value of Jindal Worldwide Ltd is ₹395.10.

What is the Market Cap of Jindal Worldwide Ltd?

The Market Cap of Jindal Worldwide Ltd is 7,570 Cr..

What is the current Stock Price of Jindal Worldwide Ltd as on 27 July 2024?

The current stock price of Jindal Worldwide Ltd as on 27 July 2024 is 378.

What is the High / Low of Jindal Worldwide Ltd stocks in FY 2024?

In FY 2024, the High / Low of Jindal Worldwide Ltd stocks is 440/268.

What is the Stock P/E of Jindal Worldwide Ltd?

The Stock P/E of Jindal Worldwide Ltd is 100.

What is the Book Value of Jindal Worldwide Ltd?

The Book Value of Jindal Worldwide Ltd is 35.9.

What is the Dividend Yield of Jindal Worldwide Ltd?

The Dividend Yield of Jindal Worldwide Ltd is 0.05 %.

What is the ROCE of Jindal Worldwide Ltd?

The ROCE of Jindal Worldwide Ltd is 9.83 %.

What is the ROE of Jindal Worldwide Ltd?

The ROE of Jindal Worldwide Ltd is 11.0 %.

What is the Face Value of Jindal Worldwide Ltd?

The Face Value of Jindal Worldwide Ltd is 1.00.