Jhaveri Credits & Capital Ltd
Incorporated in1993, Jhaveri Credits & Capital Ltd provides broking platform for dealing in various Commodities in spot and future markets[1]
- Market Cap ₹ 346 Cr.
- Current Price ₹ 385
- High / Low ₹ 527 / 62.3
- Stock P/E 147
- Book Value ₹ 13.4
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 8.99 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 28.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -21.2%
- Company has a low return on equity of 2.60% over last 3 years.
* 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: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4.20 | 4.65 | 3.05 | 1.75 | 1.95 | 1.59 | 1.27 | 0.78 | 0.55 | 3.62 | 9.58 | 11.71 | 13.06 | |
3.68 | 4.11 | 2.69 | 1.72 | 1.84 | 1.44 | 1.08 | 1.19 | 0.79 | 3.63 | 9.05 | 10.74 | 10.63 | |
Operating Profit | 0.52 | 0.54 | 0.36 | 0.03 | 0.11 | 0.15 | 0.19 | -0.41 | -0.24 | -0.01 | 0.53 | 0.97 | 2.43 |
OPM % | 12.38% | 11.61% | 11.80% | 1.71% | 5.64% | 9.43% | 14.96% | -52.56% | -43.64% | -0.28% | 5.53% | 8.28% | 18.61% |
0.05 | 0.17 | 0.16 | 0.13 | 0.02 | 0.02 | 0.07 | 0.00 | 0.00 | 0.01 | 0.01 | 0.09 | 0.35 | |
Interest | 0.22 | 0.38 | 0.10 | 0.08 | 0.09 | 0.07 | 0.05 | 0.04 | 0.00 | 0.00 | 0.20 | 0.24 | 0.06 |
Depreciation | 0.07 | 0.06 | 0.04 | 0.04 | 0.04 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.02 |
Profit before tax | 0.28 | 0.27 | 0.38 | 0.04 | 0.00 | 0.08 | 0.20 | -0.46 | -0.25 | 0.00 | 0.34 | 0.82 | 2.70 |
Tax % | 17.86% | 25.93% | 34.21% | 25.00% | 125.00% | 20.00% | -2.17% | -4.00% | 17.65% | 4.88% | |||
0.23 | 0.20 | 0.25 | 0.03 | 0.01 | -0.02 | 0.16 | -0.47 | -0.26 | -0.39 | 0.27 | 0.79 | 2.35 | |
EPS in Rs | 0.36 | 0.31 | 0.39 | 0.05 | 0.02 | -0.03 | 0.25 | -0.73 | -0.40 | -0.60 | 0.42 | 1.22 | 3.64 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 56% |
3 Years: | 177% |
TTM: | 46% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 40% |
3 Years: | 71% |
TTM: | 11650% |
Stock Price CAGR | |
---|---|
10 Years: | 53% |
5 Years: | 161% |
3 Years: | 430% |
1 Year: | 385% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | 3% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
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 | 6.46 | 6.46 | 6.46 | 6.46 | 6.46 | 6.46 | 6.46 | 6.46 | 6.46 | 6.46 | 6.46 | 6.46 | 6.46 |
Reserves | 1.26 | 1.46 | 1.71 | 1.75 | 1.75 | 1.73 | 1.89 | 1.42 | 1.16 | 0.77 | 1.04 | 1.83 | 2.19 |
2.33 | 0.94 | 0.49 | 0.47 | 0.46 | 0.44 | 0.00 | 0.00 | 0.00 | 0.00 | 3.18 | 0.00 | 0.00 | |
7.10 | 8.34 | 5.05 | 4.63 | 4.11 | 3.61 | 2.60 | 2.42 | 1.48 | 1.73 | 1.26 | 0.82 | 0.02 | |
Total Liabilities | 17.15 | 17.20 | 13.71 | 13.31 | 12.78 | 12.24 | 10.95 | 10.30 | 9.10 | 8.96 | 11.94 | 9.11 | 8.67 |
0.28 | 0.28 | 0.20 | 0.16 | 0.14 | 0.12 | 0.08 | 0.08 | 0.04 | 0.04 | 0.03 | 0.03 | 0.00 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 1.82 | 1.82 | 1.82 | 1.82 | 0.81 | 0.93 | 1.06 | 0.76 | 0.76 | 1.18 | 6.86 | 0.00 | 0.00 |
15.05 | 15.10 | 11.69 | 11.33 | 11.83 | 11.19 | 9.81 | 9.46 | 8.30 | 7.74 | 5.05 | 9.08 | 8.67 | |
Total Assets | 17.15 | 17.20 | 13.71 | 13.31 | 12.78 | 12.24 | 10.95 | 10.30 | 9.10 | 8.96 | 11.94 | 9.11 | 8.67 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.89 | 2.74 | -1.47 | 3.91 | -5.85 | 1.87 | -1.47 | -0.29 | -1.33 | -0.87 | 4.92 | 1.72 | |
0.28 | 0.58 | 0.32 | 0.18 | 1.19 | 0.11 | 0.08 | 0.42 | 0.14 | -0.41 | -5.67 | 6.88 | |
2.13 | -1.68 | -0.46 | -0.06 | -0.06 | -0.04 | -0.46 | 0.00 | 0.00 | -0.26 | 0.92 | -8.73 | |
Net Cash Flow | 1.52 | 1.64 | -1.61 | 4.04 | -4.72 | 1.95 | -1.85 | 0.14 | -1.18 | -1.54 | 0.17 | -0.14 |
Ratios
Figures in Rs. Crores
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 | 89.51 | 247.26 | 787.44 | 425.49 | 355.64 | 351.23 | 422.48 | 711.28 | 962.27 | 181.49 | 43.82 | 0.00 |
Inventory Days | 7,892.11 | 1,749.59 | 740.74 | 458.15 | 0.00 | 0.00 | ||||||
Days Payable | 5,118.11 | 968.31 | 3,896.91 | 160.30 | ||||||||
Cash Conversion Cycle | 2,863.51 | 1,028.54 | -2,368.73 | 425.49 | 355.64 | 351.23 | 422.48 | 711.28 | 962.27 | 479.34 | 43.82 | 0.00 |
Working Capital Days | 371.08 | 91.84 | 356.62 | -179.37 | 1,169.87 | 922.83 | 1,551.97 | 2,339.74 | 3,397.82 | 556.57 | 25.15 | -19.01 |
ROCE % | 5.68% | 6.87% | 5.48% | 1.38% | 1.04% | 1.73% | 2.36% | -5.05% | -2.97% | 0.00% | 6.03% | 10.23% |
Documents
Announcements
- Compliance - Certificate Pursuant To Regulation 40 (9) Of SEBI (LODR) Regulations, 2015. 22 Apr
- Compliance Certificate Under Regulation 7 (3) Of SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024 12 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate under Regulation 74(5) of SEBI (DP) regulations, 2018 for the quarter ended March 31, 2024.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 5 Apr
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
30 Mar - Disclosure under regulation 30 of the SEBI (LODR) Regulations, 2015.
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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Memberships:[1]
Company is a broking member of Commodity Exchange viz. Multi Commodity Exchange Of India Limited and National Spot Exchange Ltd.
On 14th March 2023, company's application for surrender of Self-Clearing Membership was approved. Currently, company has decided to consider Financing, Investment & Broking advisory business