JSL Industries Ltd
Incorporated in 1966, JSL Industries Ltd
does manufacturing of engineering goods
- Market Cap ₹ 98.7 Cr.
- Current Price ₹ 841
- High / Low ₹ 1,367 / 356
- Stock P/E 20.5
- Book Value ₹ 325
- Dividend Yield 0.00 %
- ROCE 17.3 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 2.59 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 0.64% over past five years.
- Company has a low return on equity of 9.93% over last 3 years.
- Earnings include an other income of Rs.4.23 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
59.17 | 67.35 | 52.67 | 54.97 | 47.73 | 44.48 | 47.34 | 54.78 | 48.45 | 49.13 | 54.92 | 48.87 | 52.65 | |
53.24 | 61.21 | 48.28 | 50.60 | 44.58 | 41.69 | 44.68 | 51.74 | 45.90 | 44.44 | 50.57 | 43.74 | 47.33 | |
Operating Profit | 5.93 | 6.14 | 4.39 | 4.37 | 3.15 | 2.79 | 2.66 | 3.04 | 2.55 | 4.69 | 4.35 | 5.13 | 5.32 |
OPM % | 10.02% | 9.12% | 8.33% | 7.95% | 6.60% | 6.27% | 5.62% | 5.55% | 5.26% | 9.55% | 7.92% | 10.50% | 10.10% |
-0.07 | 0.26 | 0.38 | 0.82 | 0.19 | 0.32 | 0.24 | 0.26 | 0.61 | 0.53 | 0.98 | 2.04 | 4.23 | |
Interest | 1.48 | 1.90 | 1.12 | 1.35 | 1.01 | 0.80 | 0.93 | 0.91 | 0.78 | 0.57 | 0.59 | 0.58 | 0.37 |
Depreciation | 0.79 | 1.32 | 1.34 | 1.74 | 1.60 | 1.61 | 1.62 | 1.68 | 1.61 | 1.21 | 1.00 | 1.06 | 1.07 |
Profit before tax | 3.59 | 3.18 | 2.31 | 2.10 | 0.73 | 0.70 | 0.35 | 0.71 | 0.77 | 3.44 | 3.74 | 5.53 | 8.11 |
Tax % | 4.74% | 11.95% | 38.53% | 24.29% | 32.88% | 28.57% | 42.86% | 54.93% | 59.74% | 29.94% | 26.20% | 37.79% | |
3.42 | 2.80 | 1.42 | 1.59 | 0.50 | 0.51 | 0.20 | 0.32 | 0.31 | 2.40 | 2.76 | 3.44 | 4.82 | |
EPS in Rs | 30.63 | 25.08 | 12.72 | 14.24 | 4.48 | 4.57 | 1.70 | 2.73 | 2.64 | 20.44 | 23.51 | 29.30 | 41.06 |
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: | -3% |
5 Years: | 1% |
3 Years: | 0% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 2% |
5 Years: | 77% |
3 Years: | 123% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | 33% |
5 Years: | 56% |
3 Years: | 95% |
1 Year: | 118% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 7% |
3 Years: | 10% |
Last Year: | 11% |
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 | 1.12 | 1.12 | 1.12 | 1.12 | 1.12 | 1.12 | 1.17 | 1.17 | 1.17 | 1.17 | 1.17 | 1.17 | 1.17 |
Reserves | 18.69 | 21.35 | 22.65 | 24.16 | 26.01 | 25.33 | 27.17 | 23.41 | 23.62 | 25.95 | 28.71 | 32.19 | 36.98 |
Preference Capital | 0.00 | 0.00 | 0.00 | 0.00 | 1.50 | 0.00 | 1.93 | 1.93 | 1.93 | 1.93 | 1.93 | 1.93 | |
9.98 | 6.88 | 7.05 | 5.71 | 4.89 | 6.96 | 6.81 | 1.69 | 2.82 | 1.87 | 0.94 | 2.55 | 1.95 | |
19.01 | 20.93 | 21.38 | 17.63 | 14.04 | 15.32 | 16.22 | 16.40 | 15.75 | 14.16 | 13.54 | 12.39 | 11.99 | |
Total Liabilities | 48.80 | 50.28 | 52.20 | 48.62 | 46.06 | 48.73 | 51.37 | 42.67 | 43.36 | 43.15 | 44.36 | 48.30 | 52.09 |
21.58 | 19.13 | 18.12 | 16.91 | 17.68 | 17.48 | 17.61 | 16.67 | 15.36 | 14.77 | 15.59 | 15.71 | 15.33 | |
CWIP | 0.85 | 2.03 | 2.14 | 0.61 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 1.67 | 1.67 | 7.17 | 7.17 | 7.17 | 7.17 | 7.14 | 6.67 | 5.77 | 5.77 | 0.27 | 1.66 | 6.81 |
24.70 | 27.45 | 24.77 | 23.93 | 21.21 | 24.08 | 26.62 | 19.33 | 22.23 | 22.61 | 28.50 | 30.93 | 29.95 | |
Total Assets | 48.80 | 50.28 | 52.20 | 48.62 | 46.06 | 48.73 | 51.37 | 42.67 | 43.36 | 43.15 | 44.36 | 48.30 | 52.09 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.91 | 8.23 | 3.62 | 0.98 | -0.11 | 0.90 | -1.72 | 4.99 | -2.27 | 1.24 | -4.72 | -1.21 | |
-9.15 | -1.77 | -5.68 | 1.71 | -1.72 | -1.17 | -1.48 | -0.02 | 1.20 | -0.10 | 4.65 | -0.54 | |
6.13 | -3.10 | 0.17 | -1.34 | 2.13 | 0.29 | 3.19 | -4.88 | 0.97 | -0.61 | -0.46 | 1.75 | |
Net Cash Flow | -0.11 | 3.36 | -1.89 | 1.36 | 0.30 | 0.01 | -0.01 | 0.09 | -0.10 | 0.54 | -0.53 | 0.01 |
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 | 63.85 | 61.13 | 60.22 | 46.88 | 36.86 | 46.45 | 56.36 | 33.18 | 35.56 | 21.25 | 28.71 | 24.27 |
Inventory Days | 89.62 | 44.32 | 78.47 | 89.44 | 93.91 | 130.17 | 135.08 | 87.49 | 84.35 | 129.89 | 95.15 | 136.61 |
Days Payable | 62.48 | 139.28 | 108.81 | 108.02 | 112.10 | 141.19 | 122.08 | 84.38 | 100.36 | 86.72 | 37.57 | 49.55 |
Cash Conversion Cycle | 90.98 | -33.83 | 29.89 | 28.30 | 18.67 | 35.43 | 69.37 | 36.29 | 19.55 | 64.41 | 86.29 | 111.34 |
Working Capital Days | 16.84 | -2.22 | -13.93 | 19.19 | 11.78 | 39.88 | 69.24 | 39.18 | 72.85 | 90.79 | 114.38 | 150.20 |
ROCE % | 21.54% | 17.18% | 11.40% | 9.09% | 5.49% | 4.06% | 3.60% | 4.93% | 5.40% | 13.03% | 13.57% | 17.34% |
Documents
Announcements
- Revised Proceedings Of Annual General Meeting Dated 26Th September, 2023 With The Conclusion Time Of Meeting 8 Apr
- Shareholder Meeting / Postal Ballot-Outcome of AGM 8 Apr
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 5 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 5 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 4 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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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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Business Overview:[1]
Company started as a subsidiary company
to M/s. Jyoti Ltd., Vadodara to supply various engineering products and components. At present, it is a public limited company engaged in manufacturing LT Motors and Pumps, LT panels, LT Switchgear and Control gear products – Air Circuit Breakers, Contactors, Thermal overload Relay, Motor Starters, Cam Switches and HT Instrument Transformers. Company is the largest manufacturer of Oil Immersed starters in India and is also the largest supplier of 66 kV CTs to M/s. GETCO, Gujarat