Jattashankar Industries Ltd

Jattashankar Industries Ltd

₹ 22.0 5.00%
11 Jun - close price
About

Incorporated in 1988, Jattashankar Industries Ltd manufactures and sells Grey and covered Yarn

Key Points

Business Overview:[1]
Company is a manufacturer of Polyester Dyed Yarn, High Bulk Yarn, Cotton Dyed Yarn and
other fancy Dyed Yarn. Company also does manufacturing of Woven elastic tapes

  • Market Cap 9.68 Cr.
  • Current Price 22.0
  • High / Low 24.9 / 13.0
  • Stock P/E 12.7
  • Book Value 44.7
  • Dividend Yield 0.00 %
  • ROCE 5.19 %
  • ROE 4.29 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.49 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -4.33% over past five years.
  • Company has a low return on equity of 2.97% over last 3 years.
  • Earnings include an other income of Rs.4.58 Cr.
  • Debtor days have increased from 40.7 to 50.8 days.
  • Working capital days have increased from 174 days to 405 days

* 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: Textiles Industry: Textiles - Processing

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
4.23 4.48 5.04 5.71 5.60 4.35 3.01 2.78 4.23 4.69 3.45 3.94
4.08 4.27 4.73 5.50 5.30 4.01 3.12 2.85 4.22 4.68 3.38 3.80
Operating Profit 0.15 0.21 0.31 0.21 0.30 0.34 -0.11 -0.07 0.01 0.01 0.07 0.14
OPM % 3.55% 4.69% 6.15% 3.68% 5.36% 7.82% -3.65% -2.52% 0.24% 0.21% 2.03% 3.55%
0.15 0.17 0.08 0.19 0.11 0.15 0.19 0.14 0.26 0.19 0.20 3.94
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.06 0.06 0.06 0.06 0.06 0.06 0.07 0.06 0.06 0.06 0.06 0.06
Profit before tax 0.24 0.32 0.33 0.34 0.35 0.43 0.01 0.01 0.21 0.14 0.21 4.02
Tax % 16.67% 15.62% 21.21% 44.12% 48.57% 4.65% 100.00% 1,100.00% 4.76% 7.14% 9.52% 18.16%
0.19 0.27 0.26 0.19 0.17 0.41 0.01 -0.11 0.20 0.14 0.19 3.29
EPS in Rs 0.43 0.62 0.59 0.43 0.39 0.93 0.02 -0.25 0.46 0.32 0.43 7.50
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
19.44 25.32 32.37 35.68 37.22 26.57 20.35 16.63 15.14 19.46 15.74 16.31
18.83 22.72 29.52 33.29 34.74 24.26 18.23 16.04 14.69 18.58 15.28 16.06
Operating Profit 0.61 2.60 2.85 2.39 2.48 2.31 2.12 0.59 0.45 0.88 0.46 0.25
OPM % 3.14% 10.27% 8.80% 6.70% 6.66% 8.69% 10.42% 3.55% 2.97% 4.52% 2.92% 1.53%
0.73 0.14 0.07 0.12 0.23 0.52 0.50 0.52 0.69 0.59 0.59 4.58
Interest 0.00 0.01 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00
Depreciation 0.14 0.14 0.15 0.15 0.14 0.14 0.22 0.24 0.23 0.25 0.26 0.24
Profit before tax 1.20 2.59 2.77 2.35 2.56 2.68 2.39 0.87 0.91 1.22 0.79 4.59
Tax % 0.00% 0.00% 0.00% 5.96% 31.64% 25.37% 23.01% 24.14% 34.07% 25.41% 34.18% 16.56%
1.20 2.59 2.78 2.21 1.76 2.00 1.84 0.66 0.59 0.91 0.53 3.82
EPS in Rs 2.74 5.90 6.34 5.04 4.01 4.56 4.19 1.50 1.34 2.07 1.21 8.71
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: -4%
5 Years: -4%
3 Years: 3%
TTM: 4%
Compounded Profit Growth
10 Years: -11%
5 Years: -13%
3 Years: 68%
TTM: 375%
Stock Price CAGR
10 Years: %
5 Years: 6%
3 Years: 8%
1 Year: 62%
Return on Equity
10 Years: 10%
5 Years: 3%
3 Years: 3%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4.39 4.39 4.39 4.39 4.39 4.39 4.39 4.39 4.39 4.39 4.39 4.39
Reserves -4.51 -1.92 0.84 3.05 4.90 6.90 8.74 9.40 9.99 10.89 11.42 15.24
4.39 3.40 3.00 1.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.92 0.95 1.43 2.72 3.07 3.20 3.01 1.58 1.52 1.91 1.71 1.25
Total Liabilities 5.19 6.82 9.66 11.36 12.36 14.49 16.14 15.37 15.90 17.19 17.52 20.88
1.64 1.79 2.01 2.01 1.92 2.56 2.97 2.76 2.52 2.55 2.29 1.86
CWIP 0.19 0.14 0.00 0.00 0.00 0.00 0.00 0.00 0.16 0.00 0.00 0.00
Investments 0.10 0.18 0.35 1.16 3.77 5.59 6.23 6.66 9.52 10.70 11.41 15.23
3.26 4.71 7.30 8.19 6.67 6.34 6.94 5.95 3.70 3.94 3.82 3.79
Total Assets 5.19 6.82 9.66 11.36 12.36 14.49 16.14 15.37 15.90 17.19 17.52 20.88

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.07 1.31 0.95 3.27 3.54 2.28 1.09 -0.24 2.40 0.75 0.10 -0.38
-0.19 -0.21 -0.64 -1.43 -2.36 -2.35 -0.80 -0.06 -2.39 -0.74 -0.12 0.40
0.12 -0.99 -0.40 -1.80 -1.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.00 0.11 -0.10 0.04 -0.01 -0.07 0.29 -0.29 0.01 0.01 -0.02 0.02

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 25.16 26.96 32.47 31.92 37.26 53.16 71.03 82.31 43.39 28.51 42.90 50.80
Inventory Days 41.72 47.41 52.88 36.74 26.12 29.20 41.68 34.61 35.40 40.86 38.91 23.94
Days Payable 20.71 17.10 18.78 29.96 26.54 38.18 42.47 8.65 6.87 9.33 2.16 2.92
Cash Conversion Cycle 46.18 57.27 66.58 38.70 36.84 44.18 70.25 108.27 71.92 60.04 79.65 71.82
Working Capital Days 34.55 45.84 49.39 38.36 33.54 49.45 74.26 108.86 67.50 49.52 66.09 405.28
ROCE % 16.09% 49.90% 39.43% 27.27% 26.66% 24.10% 16.05% 3.42% 1.99% 4.59% 1.48%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55% 72.55%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
27.44% 27.44% 27.44% 27.44% 27.44% 27.43% 27.44% 27.44% 27.44% 27.44% 27.45% 27.44%
No. of Shareholders 3,2573,2523,2543,2533,2483,2433,2413,2453,2403,2323,2313,222

* 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