Jyoti Resins and Adhesives Ltd

Jyoti Resins and Adhesives Ltd

₹ 1,365 -0.36%
26 Apr - close price
About

Jyoti Resins And Adhesives Ltd. is a manufacturer of synthetic resin adhesives. The company manufactures various types of wood adhesives (white glue), under the brand name of EURO 7000 , which was launched in 2006, and is now the second largest selling wood adhesive brand in India in the retail segment.

Key Points

Market Leadership
The Co.’s brand Euro 7000 is the 2nd largest-selling wood adhesive (white glue) brand in India in the retail segment. [1]
The co. has a market share of 30-35% in Gujarat, 30% in Rajasthan, and 20% in Maharashtra. [2]

  • Market Cap 1,638 Cr.
  • Current Price 1,365
  • High / Low 1,780 / 1,181
  • Stock P/E 40,958
  • Book Value 43.7
  • Dividend Yield 0.44 %
  • ROCE 0.23 %
  • ROE 0.08 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 31.3 times its book value
  • Company has low interest coverage ratio.
  • Company has high debtors of 263 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: Chemicals Industry: Chemicals

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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 Mar 2007
1.50 2.01
1.29 1.79
Operating Profit 0.21 0.22
OPM % 14.00% 10.95%
-0.02 0.01
Interest 0.05 0.08
Depreciation 0.11 0.11
Profit before tax 0.03 0.04
Tax % 0.00% 0.00%
0.03 0.04
EPS in Rs 0.00 0.03
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 34%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -20%
Stock Price CAGR
10 Years: 87%
5 Years: 92%
3 Years: 86%
1 Year: -12%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007
Equity Capital 54.00 54.00
Reserves -1.64 -1.60
0.44 0.96
0.28 0.38
Total Liabilities 53.08 53.74
50.61 50.58
CWIP 0.00 0.00
Investments 0.12 0.12
2.35 3.04
Total Assets 53.08 53.74

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007
-0.06 -0.47
0.00 -0.09
0.11 0.52
Net Cash Flow 0.05 -0.04

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007
Debtor Days 236.03 263.31
Inventory Days 184.81 138.45
Days Payable 110.89 103.84
Cash Conversion Cycle 309.96 297.92
Working Capital Days 486.67 479.40
ROCE % 0.23%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Mar 2024
48.98% 48.98% 48.98% 49.60% 49.97% 49.97% 50.82% 50.82% 50.82% 50.82% 50.83% 50.83%
0.00% 0.00% 0.00% 1.25% 2.00% 2.00% 0.74% 0.00% 0.33% 0.33% 0.50% 0.30%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.07%
51.02% 51.02% 51.02% 49.15% 48.03% 48.03% 48.44% 49.18% 48.85% 48.84% 48.68% 48.79%
No. of Shareholders 2,6583,8634,3134,3407,4488,77624,88928,66129,83331,70138,01541,670

* 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

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