Jindal Poly Investment & Finance Company Ltd

Jindal Poly Investment & Finance Company Ltd

₹ 716 0.55%
26 Apr - 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 753 Cr.
  • Current Price 716
  • High / Low 844 / 449
  • Stock P/E 2.11
  • Book Value 2,334
  • Dividend Yield 0.00 %
  • ROCE 21.0 %
  • ROE 11.8 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.31 times its book value
  • Company has delivered good profit growth of 20.3% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.186 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

Consolidated Figures in Rs. Crores / View Standalone

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 0 0 481 620 1,134 677 732 813 905 7 7 7
-6 -5 -175 192 493 461 429 497 580 511 0 0 0
Operating Profit 7 5 176 289 127 673 248 235 233 395 7 7 7
OPM % 2,804% 2,152% 73,208% 60% 21% 59% 37% 32% 29% 44% 99% 99% 99%
0 0 325 358 5 -256 14 1 13 8 35 48 95
Interest 14 14 5 33 39 32 31 32 20 32 0 0 0
Depreciation 0 0 0 29 45 150 72 72 72 64 0 0 0
Profit before tax -7 -8 496 584 49 235 159 132 154 307 42 55 102
Tax % -1% -0% 0% 5% 65% 14% 29% 59% 32% 26% 1% 1% 1%
-7 -8 663 561 17 202 113 54 104 227 42 54 101
EPS in Rs -2.74 -4.02 323.04 286.68 8.61 138.35 74.92 -5.67 47.57 150.57 39.52 51.84 96.13
Raw PDF

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 TTM
25 8 0 0 1,491 242 1 1 1 2,477 3,125 928
0 0 1 1 1,283 353 185 64 -21 1,170 1,982 511
Operating Profit 25 8 -0 -1 208 -111 -184 -63 22 1,307 1,143 417
OPM % 100% 96% -54% -750% 14% -46% -17,712% -6,145% 2,058% 53% 37% 45%
0 0 0 0 53 -316 -19 0 0 564 3 186
Interest 0 0 0 0 738 206 41 46 53 109 114 33
Depreciation 0 0 0 0 174 34 0 0 0 225 280 64
Profit before tax 25 8 -0 -1 -651 -667 -244 -110 -31 1,537 751 506
Tax % 2% 5% -7% -5% 33% 8% -0% -0% -0% 6% 34%
4 -13 -19 -20 -435 -700 -244 -110 -31 1,443 498 424
EPS in Rs -12.14 -17.63 -19.45 -377.53 -665.65 -129.02 -89.32 -15.21 756.67 267.40 338.06
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 62%
5 Years: 67%
3 Years: 1348%
TTM: -72%
Compounded Profit Growth
10 Years: 52%
5 Years: 20%
3 Years: 71%
TTM: -31%
Stock Price CAGR
10 Years: 28%
5 Years: 87%
3 Years: 177%
1 Year: 39%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 12%

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 Sep 2023
Equity Capital 0 11 11 11 11 11 11 11 11 11 11 11
Reserves 622 598 580 559 52 -59 -112 -206 -210 2,445 2,346 2,443
0 0 0 0 5,822 630 460 472 726 1,628 27 27
4 0 0 0 1,838 64 138 169 -19 3,287 38 40
Total Liabilities 625 609 590 570 7,722 645 497 446 508 7,371 2,422 2,520
5 4 4 4 6,606 9 9 9 9 5,836 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 592 578 560 540 94 403 421 384 446 55 2,422 2,520
27 27 27 26 1,022 233 67 52 52 1,480 0 0
Total Assets 625 609 590 570 7,722 645 497 446 508 7,371 2,422 2,520

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
-3 -1 -1 761 -1 -0 -2 0 712 1,085
4 0 0 60 -18 1 2 -1 -80 -339
0 0 0 -802 0 0 0 0 -352 -1,026
Net Cash Flow 1 -1 -0 19 -19 1 -0 -0 280 -280

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
Debtor Days 0 0 0 0 17 0 60 60 0 69 0
Inventory Days 37 0 182 0
Days Payable 232 212
Cash Conversion Cycle 0 0 0 0 -179 0 60 60 0 39 0
Working Capital Days 303 1,027 23,840 103,797 -299 -156 -108,931 -131,772 -68,792 -58 -0
ROCE % 1% -0% -0% 2% -8% -49% -53% 12% 41% 21%

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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