Jayatma Industries Ltd

Jayatma Industries Ltd

₹ 10.5 4.90%
02 Jun - close price
About

Incorporated in 1955, Jayatma Industries Ltd is engaged in manufacturing and trading of cotton.

Key Points

Product Profile:[1][2]
a) Raw Cotton: Sankar–6, J-34 (S/G & R/G), MECH–1, Bunny/ Brahma
b) Yarn: Open End Yarn, Ring Spun Carded Yarns, Ring Spun Combed Yarns
c) Fabric: Knitted Fabric, Woven Fabric
d) Other Products: Kapas, ginning cotton bales, raw oil and its agro byproducts.

  • Market Cap 6.48 Cr.
  • Current Price 10.5
  • High / Low 12.6 / 6.23
  • Stock P/E 64.8
  • Book Value 19.8
  • Dividend Yield 0.00 %
  • ROCE 3.67 %
  • ROE 0.82 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.53 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -17.4% over past five years.
  • Company has a low return on equity of 1.67% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.1.59 Cr.
  • Company has high debtors of 154 days.
  • Working capital days have increased from 95.4 days to 184 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
26.91 1.39 10.21 49.96 92.91 65.28 28.14 22.59 32.05 16.93 3.81 8.87 23.95
26.30 1.47 9.37 49.41 92.72 65.44 28.02 22.90 31.69 17.13 3.63 8.99 23.76
Operating Profit 0.61 -0.08 0.84 0.55 0.19 -0.16 0.12 -0.31 0.36 -0.20 0.18 -0.12 0.19
OPM % 2.27% -5.76% 8.23% 1.10% 0.20% -0.25% 0.43% -1.37% 1.12% -1.18% 4.72% -1.35% 0.79%
0.10 0.22 0.03 0.01 0.59 0.66 0.19 0.66 0.35 0.60 0.15 0.40 0.23
Interest 0.70 0.05 0.76 0.43 0.49 0.34 0.19 0.22 0.45 0.28 0.23 0.16 0.28
Depreciation 0.09 0.08 0.08 0.08 0.07 0.08 0.08 0.08 0.08 0.08 0.09 0.09 0.08
Profit before tax -0.08 0.01 0.03 0.05 0.22 0.08 0.04 0.05 0.18 0.04 0.01 0.03 0.06
Tax % 112.50% -200.00% -33.33% 0.00% 45.45% 0.00% 0.00% 0.00% 50.00% 0.00% 0.00% 0.00% 66.67%
Net Profit 0.01 0.02 0.04 0.05 0.12 0.08 0.04 0.05 0.09 0.04 0.01 0.03 0.02
EPS in Rs 0.02 0.03 0.06 0.08 0.19 0.13 0.06 0.08 0.15 0.06 0.02 0.05 0.03
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
85.38 136.60 80.70 173.93 169.22 105.11 138.85 151.01 116.47 155.30 148.18 53.36
84.79 134.99 78.82 170.82 166.45 102.93 138.91 147.59 113.74 153.03 148.05 53.52
Operating Profit 0.59 1.61 1.88 3.11 2.77 2.18 -0.06 3.42 2.73 2.27 0.13 -0.16
OPM % 0.69% 1.18% 2.33% 1.79% 1.64% 2.07% -0.04% 2.26% 2.34% 1.46% 0.09% -0.30%
0.04 0.00 0.02 0.06 0.34 0.07 2.50 -0.60 0.14 0.09 1.74 1.59
Interest 0.34 0.91 1.45 2.50 2.53 1.55 1.69 1.87 2.39 1.73 1.20 0.95
Depreciation 0.13 0.19 0.17 0.36 0.35 0.33 0.33 0.33 0.34 0.31 0.31 0.34
Profit before tax 0.16 0.51 0.28 0.31 0.23 0.37 0.42 0.62 0.14 0.32 0.36 0.14
Tax % 43.75% 45.10% 103.57% 35.48% -8.70% 48.65% 47.62% 17.74% -28.57% 25.00% 25.00% 28.57%
Net Profit 0.09 0.28 -0.01 0.21 0.25 0.19 0.22 0.51 0.18 0.23 0.27 0.10
EPS in Rs 0.15 0.45 -0.02 0.34 0.40 0.31 0.36 0.83 0.29 0.37 0.44 0.16
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: -9%
5 Years: -17%
3 Years: -23%
TTM: -64%
Compounded Profit Growth
10 Years: -11%
5 Years: -15%
3 Years: -16%
TTM: -63%
Stock Price CAGR
10 Years: 12%
5 Years: 1%
3 Years: %
1 Year: 6%
Return on Equity
10 Years: 3%
5 Years: 3%
3 Years: 2%
Last Year: 1%

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
6.15 6.15 6.15 6.15 6.15 6.15 6.15 6.15 6.15 6.15 6.15 6.15
Reserves 4.98 5.26 5.25 4.17 4.42 4.58 4.80 5.30 5.49 5.72 5.99 6.09
8.54 12.19 12.30 24.17 23.65 19.44 17.69 19.59 15.61 15.88 13.57 21.53
9.92 11.31 20.20 15.51 8.40 12.44 5.57 7.87 10.86 7.33 3.29 3.54
Total Liabilities 29.59 34.91 43.90 50.00 42.62 42.61 34.21 38.91 38.11 35.08 29.00 37.31
4.15 8.39 8.39 6.43 5.97 5.64 5.31 4.99 4.81 4.36 4.04 5.27
CWIP 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.09 0.14 0.24 0.24 0.19 0.23 0.11 0.27 0.08 0.08 0.21 0.21
25.33 26.38 35.27 43.33 36.46 36.74 28.79 33.65 33.22 30.64 24.75 31.83
Total Assets 29.59 34.91 43.90 50.00 42.62 42.61 34.21 38.91 38.11 35.08 29.00 37.31

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
-3.36 2.59 0.63 -11.01 2.40 6.36 4.32 0.14 4.81 6.89 0.66 -4.60
-0.97 -4.50 -0.27 0.37 0.16 -0.07 0.13 -0.15 0.06 0.15 -0.12 -1.48
2.05 2.85 -1.14 9.40 -2.92 -1.59 -1.63 -1.66 -2.15 -1.93 -1.20 -0.94
Net Cash Flow -2.28 0.94 -0.78 -1.24 -0.36 4.70 2.83 -1.67 2.72 5.11 -0.65 -7.02

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 53.22 28.19 76.62 64.45 37.44 53.69 46.27 45.39 80.20 48.11 37.76 154.18
Inventory Days 40.13 32.39 41.20 17.29 23.15 51.42 20.24 25.31 16.19 12.40 14.69 36.11
Days Payable 21.98 17.00 17.32 16.47 1.10 20.98 10.71 15.71 29.38 14.19 4.55 7.25
Cash Conversion Cycle 71.37 43.58 100.50 65.27 59.49 84.13 55.79 54.99 67.01 46.33 47.90 183.04
Working Capital Days 56.86 44.30 62.05 62.05 57.59 79.14 57.86 56.37 70.79 48.53 53.50 184.00
ROCE % 2.71% 6.84% 7.32% 9.59% 7.95% 5.96% 7.18% 11.56% 8.61% 7.45% 5.84% 3.67%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
44.93 44.93 44.93 44.91 44.76 44.73 44.72 44.71 44.71 44.71 44.71 44.68
55.07 55.07 55.07 55.09 55.24 55.27 55.28 55.29 55.29 55.29 55.29 55.32

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