J L Morison (India) Ltd

J L Morison (India) Ltd

₹ 2,021 0.76%
01 Jun 2023
About

J.L. Morison (India) Limited is an FMCG Company engaged in the business of manufacturing, marketing and distributing personal care products. [1]

Key Points

History
Established in 1934, the Co has been engaged in marketing brands in the personal and healthcare segments for over 75 years. In 1987 Raghu Mody of the Rasoi group took over the Co. In 2005, the Co-signed new agreements with Nivea and obtained the license to use trademarks, and copyrights for Nivea products in India. However, Nivea made an exit from JLM post a healthy run with a robust distribution set up by them and the company’s focus shifted to Morisons Baby Dreams to grow its portfolio of baby products. [1]

  • Market Cap 277 Cr.
  • Current Price 2,021
  • High / Low 2,120 / 1,801
  • Stock P/E 78.2
  • Book Value 487
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 4.15 times its book value
  • Earnings include an other income of Rs.4.09 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: Trading Industry: Trading

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006
88.73
86.18
Operating Profit 2.55
OPM % 2.87%
4.09
Interest 0.96
Depreciation 0.70
Profit before tax 4.98
Tax % 29.12%
3.53
EPS in Rs 25.86
Dividend Payout % 9.70%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: 19%
5 Years: 7%
3 Years: 0%
1 Year: -2%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006
Equity Capital 1.37
Reserves 65.14
6.27
34.22
Total Liabilities 107.00
16.27
CWIP 0.00
Investments 10.41
80.32
Total Assets 107.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006
11.18
1.51
22.03
Net Cash Flow 34.72

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006
Debtor Days 49.32
Inventory Days 16.57
Days Payable 66.84
Cash Conversion Cycle -0.96
Working Capital Days 26.33
ROCE %

Shareholding Pattern

Numbers in percentages

Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023
74.89% 74.89% 74.89% 74.89% 74.89% 74.89% 74.89% 74.89% 74.89% 74.89% 74.89% 74.89%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
25.10% 25.10% 25.10% 25.10% 25.10% 25.10% 25.10% 25.10% 25.10% 25.10% 25.09% 25.10%
No. of Shareholders 2,5832,5552,4832,4162,4142,4292,3832,3312,3442,2942,2632,237

* 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.

Documents