Jainex Aamcol Ltd

Jainex Aamcol Ltd

₹ 148 -0.81%
24 Apr 1:08 p.m.
About

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.

Key Points

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.

  • Market Cap 22.2 Cr.
  • Current Price 148
  • High / Low 191 / 108
  • Stock P/E 56.8
  • Book Value 44.5
  • Dividend Yield 0.00 %
  • ROCE 19.7 %
  • ROE 21.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 5.58% over past five years.

* 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: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Figures in Rs. Crores

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
3.84 4.20 3.75 5.10 4.44 5.62 4.85 5.10 5.14 5.19 4.52 5.33 4.98
3.10 3.39 3.03 3.96 3.64 4.52 4.01 4.11 4.45 4.67 4.13 4.72 4.86
Operating Profit 0.74 0.81 0.72 1.14 0.80 1.10 0.84 0.99 0.69 0.52 0.39 0.61 0.12
OPM % 19.27% 19.29% 19.20% 22.35% 18.02% 19.57% 17.32% 19.41% 13.42% 10.02% 8.63% 11.44% 2.41%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.00 0.00 0.00 0.00 0.00
Interest 0.08 0.24 0.09 0.14 0.09 0.23 0.11 0.12 0.11 0.09 0.11 0.11 0.12
Depreciation 0.28 0.29 0.28 0.28 0.28 0.28 0.29 0.21 0.23 0.21 0.15 0.17 0.15
Profit before tax 0.38 0.28 0.35 0.72 0.43 0.59 0.44 0.74 0.35 0.22 0.13 0.33 -0.15
Tax % -5.26% 53.57% 25.71% 29.17% 23.26% 40.68% 25.00% 28.38% 42.86% 18.18% 161.54% -3.03% 73.33%
0.40 0.13 0.26 0.51 0.33 0.35 0.33 0.53 0.20 0.18 -0.08 0.34 -0.05
EPS in Rs 2.67 0.87 1.74 3.41 2.21 2.34 2.21 3.54 1.34 1.20 -0.53 2.27 -0.33
Raw PDF

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
13.61 11.36 11.31 12.84 11.80 13.83 15.43 17.54 13.67 12.00 18.77 20.24 20.02
10.31 8.74 9.35 10.61 9.96 11.72 13.23 14.76 12.73 10.36 15.15 17.23 18.38
Operating Profit 3.30 2.62 1.96 2.23 1.84 2.11 2.20 2.78 0.94 1.64 3.62 3.01 1.64
OPM % 24.25% 23.06% 17.33% 17.37% 15.59% 15.26% 14.26% 15.85% 6.88% 13.67% 19.29% 14.87% 8.19%
-0.82 0.08 0.04 0.13 0.18 0.06 0.04 0.03 0.06 0.02 0.14 0.11 0.00
Interest 1.26 1.39 1.33 1.36 1.29 1.06 0.91 0.74 0.57 0.45 0.55 0.43 0.43
Depreciation 1.21 1.52 1.39 1.37 1.24 1.25 1.15 1.20 1.18 1.14 1.12 0.93 0.68
Profit before tax 0.01 -0.21 -0.72 -0.37 -0.51 -0.14 0.18 0.87 -0.75 0.07 2.09 1.76 0.53
Tax % 100.00% 38.10% 1.39% 16.22% 19.61% -50.00% 116.67% 29.89% 58.67% -57.14% 31.10% 28.98%
0.00 -0.13 -0.72 -0.31 -0.40 -0.21 -0.03 0.61 -0.30 0.12 1.45 1.25 0.39
EPS in Rs 0.00 -0.87 -4.81 -2.07 -2.67 -1.40 -0.20 4.08 -2.00 0.80 9.69 8.35 2.61
Dividend Payout % 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: 6%
3 Years: 14%
TTM: -3%
Compounded Profit Growth
10 Years: 27%
5 Years: 112%
3 Years: 82%
TTM: -72%
Stock Price CAGR
10 Years: %
5 Years: 24%
3 Years: 55%
1 Year: 31%
Return on Equity
10 Years: 2%
5 Years: 15%
3 Years: 20%
Last Year: 21%

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 0.70 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 4.46 3.51 3.45 3.14 2.33 1.80 1.77 2.38 2.08 2.20 3.65 4.90 5.16
15.13 13.47 10.00 11.07 10.43 7.06 5.42 4.45 2.15 6.44 5.62 4.58 4.34
2.31 2.22 4.80 2.37 2.18 6.53 7.70 7.51 7.78 3.63 4.71 3.86 4.64
Total Liabilities 22.60 20.70 19.75 18.08 16.44 16.89 16.39 15.84 13.51 13.77 15.48 14.84 15.64
16.02 13.98 12.91 11.72 10.33 9.42 8.36 7.77 6.63 5.55 4.54 3.58 3.82
CWIP 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
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
6.58 6.72 6.84 6.36 6.11 7.47 8.03 8.07 6.88 8.22 10.94 11.26 11.82
Total Assets 22.60 20.70 19.75 18.08 16.44 16.89 16.39 15.84 13.51 13.77 15.48 14.84 15.64

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
5.28 3.07 3.52 1.77 2.29 2.74 2.32 2.07 -0.22 0.43 1.53 1.22
-7.99 0.56 -0.28 -0.14 0.68 -0.29 -0.06 -0.61 -0.04 -0.05 -0.11 0.08
2.98 -3.52 -3.29 -2.17 -2.48 -2.51 -2.14 -1.53 0.20 -0.31 -1.38 -1.47
Net Cash Flow 0.27 0.11 -0.05 -0.54 0.49 -0.06 0.12 -0.07 -0.05 0.07 0.04 -0.17

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 75.09 89.96 87.46 90.97 103.62 109.79 100.53 88.65 78.23 114.98 94.90 86.38
Inventory Days 368.78 368.78 330.59 263.35 226.20 244.87 297.96 260.60 293.78 442.94 394.75 384.88
Days Payable 206.41 187.53 224.90 183.66 164.51 289.92 351.03 233.47 209.70 259.79 249.23 167.59
Cash Conversion Cycle 237.45 271.21 193.15 170.67 165.31 64.74 47.46 115.78 162.31 298.12 240.41 303.68
Working Capital Days 72.68 72.61 44.21 55.43 51.66 13.46 18.45 27.68 67.82 114.37 108.90 124.43
ROCE % 11.95% 6.04% -0.36% 6.46% 5.21% 7.47% 11.44% 18.92% -2.56% 6.55% 25.25% 19.68%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.98% 74.98% 74.92% 74.92% 74.88% 73.58% 74.85% 74.85% 74.77% 74.77% 74.77% 74.77%
11.49% 9.01% 8.86% 8.86% 8.43% 8.43% 8.43% 7.36% 6.99% 6.74% 6.74% 6.74%
13.53% 16.01% 16.22% 16.22% 16.69% 17.99% 16.72% 17.80% 18.24% 18.49% 18.48% 18.49%
No. of Shareholders 6877809039509779841,1201,3701,5601,5731,5581,556

* 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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