Jainco Projects (India) Ltd

Jainco Projects (India) Ltd

₹ 5.70 -5.00%
22 Feb 1:30 p.m.
About

Jainco Projects (India) The company is registered with RBI as NBFC-ND-NSI. The company is also MSME company.

Key Points

Overview[1]
Incorporated in 1991, Jainco is a non deposit taking non systematically important (ND-NSI) Non Banking Financial Company (NBFC). Their major activity are Investment, Lending and related activities.

  • Market Cap 5.70 Cr.
  • Current Price 5.70
  • High / Low 7.87 / 2.96
  • Stock P/E
  • Book Value 10.6
  • Dividend Yield 0.00 %
  • ROCE 0.58 %
  • ROE 0.09 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.57 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 28.9%
  • Company has a low return on equity of 0.06% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 7,095 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: Construction Industry: Construction

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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
0.02 0.05 0.01 0.02 0.05 0.23 0.03 0.02 0.02 0.21 0.03 0.03 0.02
0.03 0.03 0.02 0.02 0.05 0.15 0.03 0.03 0.03 0.08 0.06 0.02 0.04
Operating Profit -0.01 0.02 -0.01 0.00 0.00 0.08 0.00 -0.01 -0.01 0.13 -0.03 0.01 -0.02
OPM % -50.00% 40.00% -100.00% 0.00% 0.00% 34.78% 0.00% -50.00% -50.00% 61.90% -100.00% 33.33% -100.00%
0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.01 0.01 0.03 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.00 0.00 0.07 0.00 0.00 0.00
Profit before tax 0.00 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 -0.03 0.01 -0.02
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 -0.04 0.00 -0.03
EPS in Rs 0.00 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.01 -0.04 0.00 -0.03
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
31.03 10.97 25.56 64.68 63.45 66.10 2.81 0.09 0.12 0.09 0.31 0.32 0.29
30.66 10.52 25.23 65.41 63.10 65.94 3.17 0.45 0.12 0.09 0.23 0.14 0.20
Operating Profit 0.37 0.45 0.33 -0.73 0.35 0.16 -0.36 -0.36 0.00 0.00 0.08 0.18 0.09
OPM % 1.19% 4.10% 1.29% -1.13% 0.55% 0.24% -12.81% -400.00% 0.00% 0.00% 25.81% 56.25% 31.03%
0.13 0.16 0.33 1.64 0.54 0.56 1.21 0.53 0.02 0.02 0.01 0.00 0.03
Interest 0.32 0.48 0.47 0.66 0.67 0.47 0.78 0.14 0.00 0.00 0.00 0.09 0.08
Depreciation 0.01 0.02 0.08 0.10 0.08 0.10 0.06 0.02 0.02 0.01 0.08 0.08 0.07
Profit before tax 0.17 0.11 0.11 0.15 0.14 0.15 0.01 0.01 0.00 0.01 0.01 0.01 -0.03
Tax % 47.06% 36.36% 27.27% 26.67% 28.57% 26.67% 0.00% 0.00% 0.00% 0.00% 0.00%
0.08 0.07 0.08 0.10 0.10 0.11 0.01 0.00 0.00 0.00 0.01 0.01 -0.06
EPS in Rs 0.20 0.07 0.08 0.10 0.10 0.11 0.01 0.00 0.00 0.00 0.01 0.01 -0.06
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -30%
5 Years: -35%
3 Years: 39%
TTM: -3%
Compounded Profit Growth
10 Years: -18%
5 Years: 0%
3 Years: %
TTM: -700%
Stock Price CAGR
10 Years: 11%
5 Years: 57%
3 Years: 94%
1 Year: 47%
Return on Equity
10 Years: 0%
5 Years: 0%
3 Years: 0%
Last Year: 0%

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 4.00 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 0.17 0.24 0.31 0.41 0.51 0.62 0.63 0.63 0.63 0.63 0.64 0.65 0.61
3.60 3.58 10.77 1.87 1.59 5.00 5.04 4.97 4.95 4.95 6.55 6.56 4.93
10.19 1.87 13.04 21.39 24.57 21.25 9.33 9.16 2.13 2.23 0.91 0.35 2.49
Total Liabilities 17.96 15.69 34.12 33.67 36.67 36.87 25.00 24.76 17.71 17.81 18.10 17.56 18.03
0.13 1.60 1.72 3.91 3.85 3.78 3.85 4.15 4.14 4.13 4.06 3.98 4.01
CWIP 0.00 0.00 2.25 0.00 0.02 0.05 0.26 0.00 0.00 0.00 0.00 0.00 0.00
Investments 2.50 1.83 1.83 1.55 3.47 3.43 3.31 2.78 2.80 2.80 2.71 2.71 2.71
15.33 12.26 28.32 28.21 29.33 29.61 17.58 17.83 10.77 10.88 11.33 10.87 11.31
Total Assets 17.96 15.69 34.12 33.67 36.67 36.87 25.00 24.76 17.71 17.81 18.10 17.56 18.03

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
-1.78 -0.34 -4.72 6.81 -1.68 -1.68 1.46 -0.85 -0.02 -0.08 -0.15 -0.27
0.08 -0.67 -2.30 0.26 -1.81 -1.81 0.98 1.00 0.05 0.08 0.17 0.36
1.66 1.07 6.93 -7.04 3.47 3.47 -2.62 -0.16 -0.02 -0.01 -0.03 -0.08
Net Cash Flow -0.04 0.06 -0.09 0.03 -0.02 -0.02 -0.19 -0.01 0.02 -0.01 -0.01 0.01

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 103.16 90.17 135.38 120.31 126.73 88.68 1,697.70 53,898.33 19,953.33 26,239.44 7,523.71 7,094.69
Inventory Days 8.86 25.59 13.36 4.53 9.88 86.27 11,497.50
Days Payable 56.40 25.94 148.49 93.80 101.53 1,024.65 8,395.00
Cash Conversion Cycle 55.62 89.81 0.25 31.05 35.08 88.68 759.32 53,898.33 23,055.83 26,239.44 7,523.71 7,094.69
Working Capital Days 119.75 363.34 230.20 51.13 65.58 63.34 1,256.07 41,123.33 30,720.83 41,001.67 12,092.10 11,794.06
ROCE % 7.50% 5.47% 3.32% 4.86% 6.64% 4.47% 5.05% 0.96% 0.00% 0.06% 0.06% 0.58%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
28.93% 28.93% 28.93% 28.93% 28.93% 28.93% 28.93% 28.93% 28.93% 28.93% 28.93% 28.93%
71.07% 71.07% 71.07% 71.07% 71.07% 71.07% 71.07% 71.08% 71.07% 71.07% 71.08% 71.08%
No. of Shareholders 4,0644,0774,0774,0924,0844,0844,0845,8085,7505,7505,7045,712

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