Josts Engineering Company Ltd
Incorporated in 1907, Jost’s Engineering Company Ltd is in the business of material handling and engineered products[1]
- Market Cap ₹ 496 Cr.
- Current Price ₹ 1,015
- High / Low ₹ 1,098 / 243
- Stock P/E 59.8
- Book Value ₹ 89.1
- Dividend Yield 0.15 %
- ROCE 26.3 %
- ROE 18.2 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 27.5% CAGR over last 5 years
- Company's working capital requirements have reduced from 61.5 days to 43.7 days
Cons
- Stock is trading at 11.4 times its book value
- Promoter holding has decreased over last quarter: -2.28%
* 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-Non Electrical Equipment Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
80 | 76 | 72 | 75 | 82 | 83 | 90 | 107 | 103 | 86 | 113 | 159 | 167 | |
73 | 70 | 68 | 74 | 82 | 81 | 86 | 101 | 95 | 80 | 106 | 148 | 154 | |
Operating Profit | 8 | 6 | 5 | 2 | -0 | 2 | 4 | 6 | 8 | 6 | 8 | 11 | 14 |
OPM % | 10% | 8% | 6% | 2% | -0% | 2% | 5% | 5% | 7% | 7% | 7% | 7% | 8% |
0 | 0 | 0 | 0 | 0 | -2 | 0 | 0 | -3 | 1 | 0 | 1 | 1 | |
Interest | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 | 0 | 0 | 1 | 1 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 7 | 5 | 4 | 1 | -2 | -2 | 2 | 4 | 2 | 6 | 7 | 10 | 13 |
Tax % | 37% | 35% | 31% | 48% | 0% | 0% | -16% | -13% | 34% | 26% | 31% | 29% | |
4 | 3 | 3 | 1 | -2 | -2 | 2 | 4 | 1 | 4 | 4 | 7 | 8 | |
EPS in Rs | 9.63 | 7.22 | 5.85 | 1.17 | -4.24 | -4.83 | 4.50 | 8.93 | 2.26 | 8.89 | 9.51 | 14.77 | 17.46 |
Dividend Payout % | 43% | 34% | 35% | 70% | -4% | -3% | 9% | 7% | 27% | 7% | 12% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 12% |
3 Years: | 16% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 28% |
3 Years: | 19% |
TTM: | 59% |
Stock Price CAGR | |
---|---|
10 Years: | 33% |
5 Years: | 49% |
3 Years: | 109% |
1 Year: | 244% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 16% |
3 Years: | 16% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Reserves | 11 | 13 | 14 | 14 | 12 | 10 | 21 | 25 | 26 | 30 | 34 | 40 | 43 |
0 | 2 | 1 | 2 | 7 | 13 | 10 | 11 | 15 | 2 | 2 | 2 | 6 | |
29 | 26 | 26 | 27 | 29 | 26 | 31 | 32 | 34 | 28 | 32 | 46 | 38 | |
Total Liabilities | 41 | 42 | 43 | 45 | 49 | 50 | 64 | 69 | 75 | 61 | 69 | 90 | 88 |
2 | 3 | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | 5 | 4 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 6 | 6 | 6 | 7 | 13 | 16 |
39 | 39 | 40 | 43 | 47 | 47 | 56 | 59 | 64 | 51 | 57 | 72 | 68 | |
Total Assets | 41 | 42 | 43 | 45 | 49 | 50 | 64 | 69 | 75 | 61 | 69 | 90 | 88 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
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 | 2 | 2 | 0 | -3 | -4 | 1 | 7 | 1 | 10 | 3 | 7 | |
-1 | -1 | 0 | -0 | -1 | -1 | -5 | -4 | -1 | 0 | -2 | -6 | |
-2 | -1 | -3 | -0 | 4 | 5 | 7 | 1 | -1 | -5 | -1 | -1 | |
Net Cash Flow | -1 | 0 | -0 | -0 | -0 | 0 | 3 | 4 | -1 | 6 | -1 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 115 | 116 | 119 | 124 | 124 | 132 | 138 | 110 | 112 | 119 | 105 | 103 |
Inventory Days | 46 | 67 | 85 | 79 | 75 | 67 | 85 | 70 | 89 | 77 | 57 | 44 |
Days Payable | 123 | 108 | 134 | 134 | 132 | 118 | 123 | 112 | 118 | 125 | 111 | 113 |
Cash Conversion Cycle | 37 | 75 | 70 | 68 | 67 | 81 | 101 | 68 | 82 | 71 | 51 | 34 |
Working Capital Days | 42 | 65 | 75 | 79 | 84 | 98 | 96 | 73 | 85 | 81 | 60 | 44 |
ROCE % | 67% | 39% | 26% | 8% | -4% | 5% | 13% | 15% | 18% | 16% | 20% | 26% |
Documents
Announcements
- Filing Under Regulation 40 (10) Of The SEBI (LODR) Regulations, 2015 (Listing Regulations), The Compliance Certificate As per Regulation 40 (9) For The Year Ended 31.03.2024 18 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 17 Apr
- Compliance Certificate Under 7(3) For The Year Ended 31St March, 2024 15 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2024
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Announcement under Regulation 30 (LODR)-Change in Management
1 Apr - Completion of tenure of Independent Directors of the Company.
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][2]
Josts ECL manufactures material handling equipment (MHD) and is provider of a wide range of engineering products (EPD) solutions that find its applications across diverse industries including Power, Oil & Gas, Defence, Aerospace, Information Technology, Automobile, Education, Steel, Oil, Mining, etc. Company has 7 service centers and 17 dealers across India