Jagatjit Industries Ltd

Jagatjit Inds. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Jagatjit Industries Ltd

₹ 190 -3.75%
03 May 2:35 p.m.
jagatjit.com BSE: 507155
About

Jagatjit Industries Limited (JIL), incorporated in 1944, manufactures an entire range of alcoholic beverages and markets malt extracts and malted milk foods. [1]

Key Points

Products
Liquor- IMFL (Indian Made Foreign Liquor), Scotch, Whisky, Rum, Gin, Vodka & Brandy.
Malted Milk Foods- milk powder, dairy whitener, baby food, malt extract powder, malted milk food (spray dried) and clarified butter or ‘pure ghee’. [1][2]

Website BSE
  • Market Cap ₹ 887 Cr.
  • Current Price ₹ 190
  • High / Low ₹ 256 / 95.0
  • Stock P/E 54.9
  • Book Value ₹ 15.4
  • Dividend Yield 0.00 %
  • ROCE 13.6 %
  • ROE 13.3 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 12.4 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 8.01% over last 3 years.
  • Earnings include an other income of Rs.38.0 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: Alcoholic Beverages Industry: Breweries & Distilleries

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
105.79 112.01 90.31 101.62 126.42 126.91 116.54 136.65 121.86 130.86 136.66 140.25 150.39
102.40 104.22 91.54 112.01 126.43 128.19 120.11 134.53 115.05 130.68 131.92 135.05 145.75
Operating Profit 3.39 7.79 -1.23 -10.39 -0.01 -1.28 -3.57 2.12 6.81 0.18 4.74 5.20 4.64
OPM % 3.20% 6.95% -1.36% -10.22% -0.01% -1.01% -3.06% 1.55% 5.59% 0.14% 3.47% 3.71% 3.09%
6.04 13.24 8.49 18.60 5.89 19.37 9.01 8.98 8.02 18.16 6.96 7.96 4.96
Interest 7.81 7.17 6.98 7.36 7.21 7.27 7.33 7.42 8.25 7.51 6.60 6.47 6.50
Depreciation 2.35 2.23 2.41 2.55 2.45 2.55 2.51 2.54 2.50 2.46 2.46 2.44 2.48
Profit before tax -0.73 11.63 -2.13 -1.70 -3.78 8.27 -4.40 1.14 4.08 8.37 2.64 4.25 0.62
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.48% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.73 11.63 -2.13 -1.70 -3.78 8.23 -4.40 1.14 4.08 8.37 2.64 4.25 0.62
EPS in Rs -0.16 2.52 -0.46 -0.37 -0.82 1.78 -0.95 0.25 0.88 1.81 0.57 0.92 0.13
Raw PDF

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
1,077 993 936 826 688 490 364 224 221 398 445 506 558
1,078 965 935 843 706 577 407 267 287 386 458 500 543
Operating Profit -1 28 1 -17 -18 -87 -44 -43 -67 11 -13 6 15
OPM % -0% 3% 0% -2% -3% -18% -12% -19% -30% 3% -3% 1% 3%
76 19 3 4 5 34 33 58 77 33 52 44 38
Interest 22 23 29 31 41 49 55 73 42 30 29 31 27
Depreciation 25 18 18 12 13 13 12 10 10 9 10 10 10
Profit before tax 28 7 -43 -56 -67 -114 -78 -67 -42 5 1 9 16
Tax % -23% 24% -6% 22% 2% -0% 5% 2% -17% 0% 6% 0%
35 5 -45 -44 -66 -114 -74 -66 -49 5 1 9 16
EPS in Rs 7.61 1.09 -9.80 -9.46 -14.23 -24.76 -16.05 -14.28 -10.59 1.09 0.13 1.98 3.43
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -7%
5 Years: 7%
3 Years: 32%
TTM: 11%
Compounded Profit Growth
10 Years: 16%
5 Years: 16%
3 Years: 28%
TTM: 91%
Stock Price CAGR
10 Years: 15%
5 Years: 37%
3 Years: 74%
1 Year: 97%
Return on Equity
10 Years: -29%
5 Years: -40%
3 Years: 8%
Last Year: 13%

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 46 46 46 46 46 46 46 46 46 46 46 46 46
Reserves 319 321 272 222 154 191 116 46 -6 -0 1 16 25
163 210 218 264 289 284 329 272 210 216 216 221 211
286 267 258 285 257 258 277 271 256 231 229 215 235
Total Liabilities 814 844 794 817 746 779 767 635 506 493 493 498 518
318 340 322 297 287 441 431 399 391 390 387 380 380
CWIP 5 2 6 1 0 1 0 0 0 0 0 1 1
Investments 3 13 12 12 13 13 13 18 0 0 0 0 0
488 488 455 508 446 324 323 218 115 102 106 117 136
Total Assets 814 844 794 817 746 779 767 635 506 493 493 498 518

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
-13 -25 12 11 19 10 8 51 16 25 14 12
63 -29 -5 -27 2 30 20 77 51 -5 10 21
-33 20 -17 15 -19 -43 -22 -130 -66 -26 -28 -24
Net Cash Flow 17 -34 -11 -1 2 -3 6 -2 1 -5 -4 9

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 67 82 85 104 100 105 135 107 47 19 26 18
Inventory Days 103 106 82 95 109 184 182 162 167 64 54 55
Days Payable 99 104 96 127 131 302 387 302 270 106 81 61
Cash Conversion Cycle 71 84 71 72 78 -13 -70 -33 -55 -24 -1 12
Working Capital Days 43 58 56 71 59 8 -56 -181 -200 -76 -51 -44
ROCE % -4% 3% -3% -4% -5% -13% -5% 0% -9% 12% 11% 14%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.72% 74.72% 74.72% 74.72% 74.72% 74.72% 74.72% 74.13% 88.02% 88.02% 88.02% 87.55%
7.06% 10.01% 10.12% 9.99% 10.01% 0.04% 0.04% 0.04% 0.01% 0.01% 0.01% 0.03%
18.22% 15.27% 15.16% 15.29% 15.26% 25.23% 25.23% 25.83% 11.95% 11.95% 11.94% 12.42%
No. of Shareholders 3,6293,7984,0844,1724,1634,2554,2104,2714,5846,0249,15511,741

* 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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