Jagatjit Industries Ltd
Jagatjit Industries Limited (JIL), incorporated in 1944, manufactures an entire range of alcoholic beverages and markets malt extracts and malted milk foods. [1]
- Market Cap ₹ 900 Cr.
- Current Price ₹ 193
- High / Low ₹ 256 / 95.2
- Stock P/E 115
- Book Value ₹ 16.3
- Dividend Yield 0.00 %
- ROCE 10.7 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 11.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 6.97% over last 3 years.
- Earnings include an other income of Rs.25.9 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Alcoholic Beverages Industry: Breweries & Distilleries
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
993 | 936 | 831 | 688 | 485 | 364 | 286 | 221 | 400 | 443 | 507 | 557 | |
966 | 935 | 843 | 706 | 572 | 407 | 339 | 287 | 388 | 456 | 502 | 540 | |
Operating Profit | 28 | 1 | -11 | -18 | -87 | -44 | -53 | -67 | 11 | -13 | 6 | 17 |
OPM % | 3% | 0% | -1% | -3% | -18% | -12% | -18% | -30% | 3% | -3% | 1% | 3% |
19 | 3 | -0 | 5 | 34 | 33 | 68 | 76 | 33 | 52 | 42 | 26 | |
Interest | 23 | 29 | 31 | 41 | 49 | 55 | 73 | 42 | 30 | 29 | 31 | 26 |
Depreciation | 18 | 18 | 12 | 13 | 13 | 12 | 10 | 10 | 9 | 10 | 10 | 10 |
Profit before tax | 7 | -43 | -56 | -67 | -114 | -78 | -67 | -42 | 5 | 1 | 7 | 8 |
Tax % | 24% | -6% | 23% | 2% | -0% | 5% | 2% | -18% | 0% | 6% | 0% | 0% |
5 | -45 | -43 | -66 | -116 | -75 | -66 | -45 | 5 | 0 | 7 | 8 | |
EPS in Rs | 1.12 | -9.83 | -9.33 | -14.25 | -25.09 | -16.16 | -14.29 | -9.66 | 1.06 | 0.10 | 1.54 | 1.63 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -5% |
5 Years: | 14% |
3 Years: | 12% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 16% |
3 Years: | 20% |
TTM: | 48% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 37% |
3 Years: | 65% |
1 Year: | 98% |
Return on Equity | |
---|---|
10 Years: | -31% |
5 Years: | -19% |
3 Years: | 7% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 47 |
Reserves | 323 | 274 | 225 | 156 | 192 | 116 | 46 | -1 | 5 | 6 | 19 | 29 |
212 | 219 | 265 | 290 | 285 | 330 | 285 | 211 | 217 | 217 | 223 | 271 | |
267 | 258 | 285 | 257 | 258 | 277 | 285 | 256 | 231 | 229 | 215 | 268 | |
Total Liabilities | 848 | 797 | 821 | 749 | 781 | 769 | 662 | 512 | 498 | 499 | 502 | 615 |
354 | 334 | 309 | 299 | 454 | 443 | 411 | 391 | 390 | 387 | 380 | 378 | |
CWIP | 2 | 6 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 8 |
Investments | 6 | 5 | 4 | 5 | 4 | 3 | 9 | 6 | 6 | 6 | 6 | 4 |
486 | 452 | 506 | 444 | 323 | 322 | 242 | 115 | 102 | 106 | 116 | 226 | |
Total Assets | 848 | 797 | 821 | 749 | 781 | 769 | 662 | 512 | 498 | 499 | 502 | 615 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-24 | 12 | 6 | 19 | 10 | 8 | 50 | 16 | 25 | 14 | 12 | 30 | |
-29 | -5 | -22 | 2 | 30 | 20 | 65 | 33 | -5 | 10 | 20 | -66 | |
20 | -17 | 15 | -19 | -43 | -22 | -118 | -48 | -26 | -28 | -24 | 26 | |
Net Cash Flow | -34 | -11 | -1 | 1 | -3 | 6 | -2 | 1 | -5 | -4 | 9 | -10 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 82 | 85 | 103 | 100 | 106 | 135 | 102 | 47 | 19 | 26 | 18 | 24 |
Inventory Days | 106 | 82 | 95 | 109 | 184 | 182 | 193 | 167 | 64 | 54 | 55 | 67 |
Days Payable | 104 | 96 | 127 | 131 | 302 | 387 | 428 | 270 | 106 | 81 | 61 | 83 |
Cash Conversion Cycle | 84 | 71 | 72 | 78 | -12 | -70 | -133 | -56 | -24 | -1 | 12 | 7 |
Working Capital Days | 58 | 56 | 71 | 59 | 8 | -56 | -124 | -201 | -76 | -51 | -45 | -41 |
ROCE % | 3% | -3% | -4% | -5% | -13% | -5% | -1% | -9% | 12% | 11% | 13% |
Documents
Announcements
- Audited Financial Results Both Standalone And Consolidated For The Quarter And Year Ended On 31St March, 2024 2d
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Secretarial Compliance Report for the Financial Year ended on 31.03.2024.
- Board Meeting Intimation for Approval Of Audited Financial Results For The Quarter And Year Ended On 31.03.2024 9 May
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
6 May - Allotment of equity shares pursuant to Jagatjit Industries Limited Stock Incentive Plan 2021
- Certificate Under Regulation 40(9) Of SEBI LODR 19 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Products
Liquor- IMFL (Indian Made Foreign Liquor), Scotch, Whisky, Rum, Gin, Vodka & Brandy.
Malted Milk Foods- milk powder, dairy whitener, baby food, malt extract powder, malted milk food (spray dried) and clarified butter or ‘pure ghee’. [1][2]