Jainex Aamcol Ltd
Established in 1968, Jainex Aamcol Ltd. is the manufacturer of Gear Cutting Tools viz. gear hobs and special cutting tools, inspection tools & precision accessories under the brand “Aamcol”. The company also supplies Medium and High Carbon Cold Rolled Steel Strips, Hardened & Tempered Steel Strips and all types of Wires.
The company is a part of Jainex Group.
- Market Cap ₹ 30.7 Cr.
- Current Price ₹ 137
- High / Low ₹ 244 / 124
- Stock P/E 41.5
- Book Value ₹ 36.6
- Dividend Yield 0.00 %
- ROCE 5.38 %
- ROE 4.51 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.73 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 11.7% over past five years.
- Company has a low return on equity of 10.6% over last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -7.20%
* 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.
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11.31 | 12.84 | 11.80 | 13.83 | 15.43 | 17.54 | 13.67 | 12.00 | 18.77 | 20.24 | 20.94 | 23.79 | 24.67 | |
| 9.35 | 10.61 | 9.96 | 11.72 | 13.23 | 14.76 | 12.73 | 10.36 | 15.15 | 17.23 | 19.15 | 22.42 | 22.64 | |
| Operating Profit | 1.96 | 2.23 | 1.84 | 2.11 | 2.20 | 2.78 | 0.94 | 1.64 | 3.62 | 3.01 | 1.79 | 1.37 | 2.03 |
| OPM % | 17.33% | 17.37% | 15.59% | 15.26% | 14.26% | 15.85% | 6.88% | 13.67% | 19.29% | 14.87% | 8.55% | 5.76% | 8.23% |
| 0.04 | 0.13 | 0.18 | 0.06 | 0.04 | 0.03 | 0.06 | 0.02 | 0.14 | 0.11 | 0.05 | 0.06 | 0.15 | |
| Interest | 1.33 | 1.36 | 1.29 | 1.06 | 0.91 | 0.74 | 0.57 | 0.45 | 0.55 | 0.43 | 0.44 | 0.35 | 0.39 |
| Depreciation | 1.39 | 1.37 | 1.24 | 1.25 | 1.15 | 1.20 | 1.18 | 1.14 | 1.12 | 0.93 | 0.65 | 0.64 | 0.75 |
| Profit before tax | -0.72 | -0.37 | -0.51 | -0.14 | 0.18 | 0.87 | -0.75 | 0.07 | 2.09 | 1.76 | 0.75 | 0.44 | 1.04 |
| Tax % | -1.39% | -16.22% | -19.61% | 50.00% | 116.67% | 29.89% | -58.67% | -57.14% | 31.10% | 28.98% | 30.67% | 20.45% | |
| -0.72 | -0.31 | -0.40 | -0.21 | -0.03 | 0.61 | -0.30 | 0.12 | 1.45 | 1.25 | 0.52 | 0.34 | 0.74 | |
| EPS in Rs | -3.27 | -1.41 | -1.82 | -0.95 | -0.14 | 2.77 | -1.36 | 0.55 | 6.59 | 5.68 | 2.36 | 1.55 | 3.37 |
| 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: | 6% |
| 5 Years: | 12% |
| 3 Years: | 8% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 25% |
| 3 Years: | -40% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 32% |
| 3 Years: | -1% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 13% |
| 3 Years: | 11% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 |
| Reserves | 3.45 | 3.14 | 2.33 | 1.80 | 1.77 | 2.38 | 2.08 | 2.20 | 3.65 | 4.90 | 5.42 | 5.77 | 6.56 |
| 10.00 | 11.07 | 10.43 | 7.06 | 5.42 | 4.45 | 2.15 | 6.44 | 5.62 | 4.58 | 4.18 | 9.89 | 20.31 | |
| 4.80 | 2.37 | 2.18 | 6.53 | 7.70 | 7.51 | 7.78 | 3.63 | 4.71 | 3.86 | 5.05 | 5.51 | 7.54 | |
| Total Liabilities | 19.75 | 18.08 | 16.44 | 16.89 | 16.39 | 15.84 | 13.51 | 13.77 | 15.48 | 14.84 | 16.15 | 22.67 | 35.91 |
| 12.91 | 11.72 | 10.33 | 9.42 | 8.36 | 7.77 | 6.63 | 5.55 | 4.54 | 3.58 | 4.03 | 3.85 | 5.53 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.34 | 14.59 |
| Investments | 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 |
| 6.84 | 6.36 | 6.11 | 7.47 | 8.03 | 8.07 | 6.88 | 8.22 | 10.94 | 11.26 | 12.12 | 15.48 | 15.79 | |
| Total Assets | 19.75 | 18.08 | 16.44 | 16.89 | 16.39 | 15.84 | 13.51 | 13.77 | 15.48 | 14.84 | 16.15 | 22.67 | 35.91 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.52 | 1.77 | 2.29 | 2.74 | 2.32 | 2.07 | -0.22 | 0.43 | 1.53 | 1.22 | 2.10 | -1.23 | |
| -0.28 | -0.14 | 0.68 | -0.29 | -0.06 | -0.61 | -0.04 | -0.05 | -0.11 | 0.08 | -1.09 | -3.77 | |
| -3.29 | -2.17 | -2.48 | -2.51 | -2.14 | -1.53 | 0.20 | -0.31 | -1.38 | -1.47 | -0.84 | 5.36 | |
| Net Cash Flow | -0.05 | -0.54 | 0.49 | -0.06 | 0.12 | -0.07 | -0.05 | 0.07 | 0.04 | -0.17 | 0.18 | 0.36 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87.46 | 90.97 | 103.62 | 109.79 | 100.53 | 88.65 | 78.23 | 114.98 | 94.90 | 86.38 | 97.96 | 67.05 |
| Inventory Days | 330.59 | 263.35 | 226.20 | 244.87 | 297.96 | 260.60 | 293.78 | 442.94 | 394.75 | 384.88 | 340.62 | 297.09 |
| Days Payable | 224.90 | 183.66 | 164.51 | 289.92 | 351.03 | 233.47 | 209.70 | 259.79 | 249.23 | 167.59 | 221.25 | 204.72 |
| Cash Conversion Cycle | 193.15 | 170.67 | 165.31 | 64.74 | 47.46 | 115.78 | 162.31 | 298.12 | 240.41 | 303.68 | 217.34 | 159.42 |
| Working Capital Days | -39.05 | -15.92 | -27.53 | -51.73 | -39.50 | -23.72 | 10.41 | -9.43 | 36.36 | 61.67 | 42.53 | 68.73 |
| ROCE % | -0.36% | 6.46% | 5.21% | 7.47% | 11.44% | 18.92% | -2.56% | 6.55% | 25.25% | 19.68% | 10.78% | 5.38% |
Documents
Announcements
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Submission Of Letter Of Offer For Rights Issue Of Equity Shares
26 Nov - Rights issue of up to 7,48,169 shares at ₹120 each, raising ₹897.80 lakh; issue open Dec 1–Dec 9, 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Nov - PFA newspaper publication of unaudited Financial Result for the quarter and half year ended 30/09/2025.
- Corporate Action-Outcome of Right issue 14 Nov
- Fixes Record Date For Proposed Right Issue On 20/11/2025 14 Nov
- Financial Results For The Quarter And Half Year Ended 30/09/2025 14 Nov
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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 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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Product Profile:[1]
The company’s product range includes various Hobs for different applications such as Spur / Helical Gears, Chain Sprocket & Timer Pulleys, Worm Gears, Cutters, and other Inspection
Tools & Precision Accessories.