Jai Mata Glass Ltd

Jai Mata Glass Ltd

₹ 1.81 0.56%
26 Apr 12:44 p.m.
About

Incorporated in 1981, Jai Mata Glass Ltd is engaged in glass business and procuring orders as a sales agent in eastern and northern regions of India.

Key Points

Product Portfolio:[1]
a) The-K Series:[2] Karishma, Kartier, Kasumi, Kemistry, Kingstar, Kohinoor, Kretive
b) Patterned Glass:[3] Anarkali, Bahar, Chameli, Classic, Flora, Jugmag, Pinhead, Premier, Reeded, Wired Glass
c) EFG-Elegant Frosted Glass:[4] From EFG 9001 till EFG 9018
Company is diversifying into glass and glass products and has been appointed as a selling agent of figured glass.[5]

  • Market Cap 18.1 Cr.
  • Current Price 1.81
  • High / Low 2.62 / 1.35
  • Stock P/E
  • Book Value 0.29
  • Dividend Yield 0.00 %
  • ROCE 0.35 %
  • ROE 0.36 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 6.12 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 2.02% over last 3 years.

* 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

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Quarterly Results

Figures in Rs. Crores

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
0.00 0.07 0.10 0.12 0.11 0.11 0.07 0.15 0.05 0.05 0.14 0.11 0.10
0.12 0.18 0.17 0.25 0.29 0.11 0.11 0.06 0.08 0.10 0.09 0.10 0.09
Operating Profit -0.12 -0.11 -0.07 -0.13 -0.18 0.00 -0.04 0.09 -0.03 -0.05 0.05 0.01 0.01
OPM % -157.14% -70.00% -108.33% -163.64% 0.00% -57.14% 60.00% -60.00% -100.00% 35.71% 9.09% 10.00%
0.17 0.25 0.05 -0.03 0.27 0.05 0.00 0.01 0.00 0.07 0.02 0.01 0.00
Interest 0.00 0.01 0.00 0.01 0.00 -0.01 0.00 0.00 0.00 0.00 0.14 0.00 0.00
Depreciation 0.00 0.04 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.05 0.09 -0.03 -0.18 0.08 0.05 -0.05 0.09 -0.03 0.02 -0.07 0.02 0.01
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 11.11% 33.33% 0.00% 0.00% 0.00% 0.00%
0.05 0.09 -0.04 -0.18 0.08 0.05 -0.05 0.08 -0.03 0.02 -0.07 0.02 0.01
EPS in Rs 0.00 0.01 -0.00 -0.02 0.01 0.00 -0.00 0.01 -0.00 0.00 -0.01 0.00 0.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
58.37 20.71 0.00 0.00 0.00 0.00 0.24 0.16 0.00 0.07 0.44 0.32 0.40
60.61 25.07 0.87 0.36 0.08 2.63 0.27 0.41 0.45 0.39 0.81 0.36 0.38
Operating Profit -2.24 -4.36 -0.87 -0.36 -0.08 -2.63 -0.03 -0.25 -0.45 -0.32 -0.37 -0.04 0.02
OPM % -3.84% -21.05% -12.50% -156.25% -457.14% -84.09% -12.50% 5.00%
2.51 -1.11 0.58 0.14 0.00 12.04 0.64 0.50 0.48 0.98 0.33 0.08 0.10
Interest 0.22 0.05 0.01 0.00 0.01 1.10 0.07 0.00 0.00 0.01 0.00 0.00 0.14
Depreciation 0.60 0.56 0.05 0.09 0.06 0.05 0.04 0.02 0.01 0.05 0.05 0.03 0.00
Profit before tax -0.55 -6.08 -0.35 -0.31 -0.15 8.26 0.50 0.23 0.02 0.60 -0.09 0.01 -0.02
Tax % 0.00% -0.16% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.55 -6.09 -0.35 -0.30 -0.15 8.26 0.50 0.23 0.02 0.60 -0.09 0.01 -0.02
EPS in Rs -0.06 -0.61 -0.04 -0.03 -0.02 0.83 0.05 0.02 0.00 0.06 -0.01 0.00 -0.01
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: -34%
5 Years: 6%
3 Years: %
TTM: 5%
Compounded Profit Growth
10 Years: 7%
5 Years: -54%
3 Years: 29%
TTM: -140%
Stock Price CAGR
10 Years: 25%
5 Years: 38%
3 Years: %
1 Year: 8%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 2%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

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 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00
Reserves -9.39 -15.48 -15.83 -16.13 -16.32 -8.05 -7.52 -7.28 -7.31 -6.64 -7.26 -7.11 -7.06
3.34 5.36 2.97 2.14 3.27 0.00 0.03 0.00 0.00 0.07 0.02 0.00 0.00
12.70 9.23 6.28 6.32 5.22 2.78 2.02 1.65 1.47 1.34 0.13 0.06 0.08
Total Liabilities 16.65 9.11 3.42 2.33 2.17 4.73 4.53 4.37 4.16 4.77 2.89 2.95 3.02
5.71 5.04 0.75 0.67 0.58 0.09 0.05 0.03 0.02 0.08 0.04 0.01 0.01
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.14 0.31 0.65 0.35 0.49 0.46
10.94 4.07 2.67 1.66 1.59 4.64 4.48 4.20 3.83 4.04 2.50 2.45 2.55
Total Assets 16.65 9.11 3.42 2.33 2.17 4.73 4.53 4.37 4.16 4.77 2.89 2.95 3.02

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.26 -2.81 -1.85 0.49 -1.18 -6.18 -0.33 -0.34 -0.47 0.02 -1.78 -0.02
2.38 0.79 4.33 0.00 0.00 9.48 0.36 1.63 -0.22 -0.20 1.42 0.00
-3.82 2.02 -2.39 -0.60 1.13 -3.27 -0.06 -0.03 0.00 0.00 0.00 0.00
Net Cash Flow -0.18 0.00 0.09 -0.12 -0.05 0.03 -0.03 1.26 -0.70 -0.18 -0.36 -0.02

Ratios

Figures in Rs. Crores

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 35.39 23.97 197.71 136.88 0.00 0.00 0.00
Inventory Days 62.09 40.28
Days Payable 124.60 141.61
Cash Conversion Cycle -27.12 -77.35 197.71 136.88 0.00 0.00 0.00
Working Capital Days -4.75 -96.05 -2,281.25 707.19 1,981.43 298.64 433.44
ROCE % -41.99% -249.61% 25.56% 7.27% -2.22% 6.21% -2.58% 0.35%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
44.53% 44.53% 44.53% 44.53% 44.53% 44.53% 44.53% 44.53% 44.53% 44.53% 44.53% 44.53%
8.28% 8.28% 8.28% 2.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
47.19% 47.19% 47.19% 53.39% 55.47% 55.47% 55.47% 55.46% 55.46% 55.48% 55.47% 55.46%
No. of Shareholders 8,1548,1518,1258,1728,2168,2138,14517,16717,71620,72022,66826,337

* 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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