Jindal Poly Investment & Finance Company Ltd

Jindal Poly Investment & Finance Company Ltd

₹ 666 0.10%
10 May - close price
About

Jindal Poly Investment & Finance Company Ltd is engaged in the business of holding investments mainly in its group companies. [1]

Key Points

Subsidiary company
The Company has one Subsidiary i.e. Jindal India Powertech Limited (JIPL) and one Step down Subsidiary Xeta Properties Private Limited. as of 31st March 2021. [1]

Investment
During FY21, JIPL has increased its holding in Jindal India Thermal Power Ltd (JITPL) to 28.07% and JITPL became an Associate co JIPL w.e.f 22nd June, 2021. The co’s. 95% of total investment is in JITPL. [2][3]

  • Market Cap 700 Cr.
  • Current Price 666
  • High / Low 844 / 449
  • Stock P/E 4.19
  • Book Value 605
  • Dividend Yield 0.00 %
  • ROCE 37.7 %
  • ROE 36.6 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.10 times its book value
  • Company has delivered good profit growth of 133% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.4%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.234 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: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
0.00 0.09 0.00 0.00 0.00 3.10 0.06 1.03 0.93 164.17 7.37 7.46 7.44
-1.22 0.10 0.13 -0.01 0.08 3.50 13.63 0.06 0.08 0.10 0.10 0.08 0.11
Operating Profit 1.22 -0.01 -0.13 0.01 -0.08 -0.40 -13.57 0.97 0.85 164.07 7.27 7.38 7.33
OPM % -11.11% -12.90% -22,616.67% 94.17% 91.40% 99.94% 98.64% 98.93% 98.52%
0.00 0.00 0.00 28.58 0.62 30.98 0.84 0.83 0.83 234.24 0.00 0.00 0.01
Interest 0.00 0.00 0.00 0.00 0.00 0.06 0.54 0.55 0.55 0.48 0.37 0.37 0.37
Depreciation 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
Profit before tax 1.22 -0.01 -0.13 28.59 0.54 30.52 -13.27 1.25 1.13 397.83 6.90 7.01 6.97
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.40% 8.99% 9.84% 9.47%
1.22 -0.01 -0.13 28.59 0.54 30.52 -13.27 1.25 1.13 360.43 6.28 6.32 6.32
EPS in Rs 1.16 -0.01 -0.12 27.20 0.51 29.03 -12.62 1.19 1.07 342.88 5.97 6.01 6.01
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
25 8 0 0 0 0 0 0 0 3 153 186
0 0 1 1 1 2 2 77 0 4 0 0
Operating Profit 25 8 -0 -1 -0 -2 -2 -77 -0 -1 152 186
OPM % 100% 96% -54% -738% -833% -8,650% -22,600% -385,200% -210% -17% 100% 100%
0 0 0 0 0 -158 -392 0 0 60 237 234
Interest 0 0 0 0 0 0 0 0 0 0 2 2
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 25 8 -0 -1 -0 -159 -394 -77 -0 60 387 419
Tax % 2% 5% -7% -5% 30% -0% 0% 0% 0% 0% 10%
24 7 -0 -1 -0 -160 -394 -77 -0 60 350 379
EPS in Rs 7.02 -0.15 -0.60 -0.32 -151.82 -374.68 -73.30 -0.20 56.63 332.52 360.87
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 20%
5 Years: 498%
3 Years: 1869%
TTM: 3541%
Compounded Profit Growth
10 Years: 19%
5 Years: 133%
3 Years: 56%
TTM: 1311%
Stock Price CAGR
10 Years: 27%
5 Years: 85%
3 Years: 166%
1 Year: 27%
Return on Equity
10 Years: 2%
5 Years: 7%
3 Years: 28%
Last Year: 37%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 0 11 11 11 11 11 11 11 11 11 11 11
Reserves 640 637 637 636 636 483 89 12 24 108 613 625
0 0 0 0 0 0 0 0 0 40 27 27
4 0 0 0 0 0 0 0 0 0 38 40
Total Liabilities 644 648 647 647 646 493 100 23 34 158 688 703
0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 616 620 621 621 624 471 96 17 29 158 688 703
27 27 27 26 23 23 3 6 6 0 0 0
Total Assets 644 648 647 647 646 493 100 23 34 158 688 703

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-61 -3 -1 -1 3 -1 -1 -3 -0 2 0
61 4 0 0 -3 1 1 3 0 -41 15
0 0 0 0 0 0 0 0 0 39 -15
Net Cash Flow 0 1 -1 -0 -0 -0 -0 0 -0 -0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0 0 0 0 0 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0 0 0 0 0
Working Capital Days 303 1,027 23,840 103,842 117,591 352,042 -2,920 37,595 7,446 0 -1
ROCE % 1% -0% -0% -0% -0% -1% -126% -1% -1% 38%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63%
0.00% 0.00% 0.01% 0.00% 0.00% 0.04% 0.06% 0.02% 0.02% 0.02% 0.05% 0.12%
1.67% 1.67% 0.00% 0.00% 0.00% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44%
23.71% 23.71% 25.36% 25.37% 25.37% 24.89% 24.86% 24.90% 24.91% 24.90% 24.87% 24.81%
No. of Shareholders 17,74117,48317,97818,55918,49218,32418,33618,04318,37818,62118,95518,583

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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