JCT Ltd
Incorporated in 1946, JCT Ltd is a manufacturer of cloth and nylon filament yarn[1]
- Market Cap ₹ 105 Cr.
- Current Price ₹ 1.21
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 3.44
- Dividend Yield 0.00 %
- ROCE -1.80 %
- ROE -58.4 %
- Face Value ₹ 2.50
Pros
- Stock is trading at 0.35 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.52% over past five years.
- Company has a low return on equity of -59.2% over last 3 years.
- Contingent liabilities of Rs.39.6 Cr.
- Earnings include an other income of Rs.254 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | |
|---|---|---|---|---|---|---|
| 514 | 518 | 509 | 544 | 557 | 705 | |
| 533 | 485 | 475 | 544 | 547 | 812 | |
| Operating Profit | -19 | 33 | 34 | -0 | 10 | -107 |
| OPM % | -3.7% | 6% | 7% | -0.1% | 1.8% | -15% |
| 71 | 19 | 24 | 26 | 15 | 254 | |
| Interest | 20 | 21 | 27 | 43 | 47 | 47 |
| Depreciation | 24 | 18 | 26 | 44 | 39 | 41 |
| Profit before tax | 9 | 13 | 5 | -61 | -61 | 60 |
| Tax % | 18% | 17% | 25% | 1% | 0% | 7% |
| 7 | 11 | 4 | -61 | -61 | 56 | |
| EPS in Rs | 0.20 | 0.31 | 0.11 | -1.72 | -1.70 | 1.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 12% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | -19% |
| 3 Years: | -21% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -28% |
| 3 Years: | -59% |
| Last Year: | -58% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | |
|---|---|---|---|---|---|---|
| Equity Capital | 86 | 86 | 89 | 89 | 90 | 90 |
| Reserves | 55 | 53 | 71 | 2 | -16 | 34 |
| 288 | 468 | 529 | 554 | 516 | 467 | |
| 148 | 163 | 147 | 160 | 198 | 221 | |
| Total Liabilities | 577 | 770 | 837 | 805 | 788 | 811 |
| 259 | 285 | 464 | 515 | 513 | 478 | |
| CWIP | 31 | 184 | 59 | 4 | 5 | 5 |
| Investments | 66 | 76 | 77 | 62 | 53 | 42 |
| 220 | 225 | 237 | 224 | 217 | 287 | |
| Total Assets | 577 | 770 | 837 | 805 | 788 | 811 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | |
|---|---|---|---|---|---|---|
| 58 | 56 | 17 | 49 | 69 | 112 | |
| -67 | -204 | -76 | 4 | -5 | -2 | |
| 8 | 148 | 61 | -56 | -62 | -98 | |
| Net Cash Flow | -1 | 0 | 2 | -3 | 1 | 12 |
| Free Cash Flow | 14 | -139 | -62 | 43 | 60 | 100 |
| CFO/OP | -321% | 176% | 53% | -18,548% | 685% | -109% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | |
|---|---|---|---|---|---|---|
| Debtor Days | 39 | 23 | 29 | 25 | 22 | 31 |
| Inventory Days | 172 | 210 | 195 | 177 | 171 | 156 |
| Days Payable | 181 | 202 | 183 | 190 | 227 | 180 |
| Cash Conversion Cycle | 29 | 31 | 42 | 13 | -34 | 7 |
| Working Capital Days | 44 | 37 | 55 | 37 | 5 | 22 |
| ROCE % | 6% | 5% | -3% | -2% | -2% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Fabric Production Volume lakh meters ・Standalone data |
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| Fabric Sales Volume lakh meters ・Standalone data |
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| Filament Yarn Sales Volume MT ・Standalone data |
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| Permanent Employees count ・Standalone data |
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| Power Cost per Unit of Production - Filament Yarn Rs/unit ・Standalone data |
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| Filament Yarn Capacity Utilization % ・Standalone data |
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| Filament Yarn Installed Capacity TPA ・Standalone data |
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| Filament Yarn Production Volume MT ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
- Sixteenth CoC meeting of JCT Limited scheduled for 07 September 2026 at 4:00 pm via video conference.
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Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
- Fifteenth CoC meeting of JCT Limited scheduled for 7 August 2026 at 2:30 pm via video conferencing.
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Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
- 14th CoC meeting of JCT Limited scheduled for 2 June 2026 via video conferencing.
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Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
- 13th CoC meeting on March 20, 2026 approved e-challenge process documents for resolution applicants.
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Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
- 13th Committee of Creditors meeting on 20 March 2026 at 4:00 PM via video conferencing.
Annual reports
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Annual Report 2011
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Annual Report 2010
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Annual Report 2009
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Business Overview:[1]
JCTL is the flagship company of Thapar Group. It is a manufacturer of textiles and filament yarn with operations in 2 distinct businesses – cotton, synthetic & blended textiles and nylon filament yarn. Company was the first textile manufacturer in the country to introduce eco -friendly fabrics made of organic cotton and its textile division was the first in the industry to be accredited with an ISO 9001 certification. JCTL’s other operations include Filament Yarn. Company was also the first to set up a Colour Picture Tube plant in India (manufactured by JCT Electronics Ltd. in technical collaboration with Hitachi Ltd, Japan)