Jayatma Industries Ltd

Jayatma Industries Ltd

₹ 10.2 -4.76%
14 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 6.30 Cr.
  • Current Price 10.2
  • High / Low 19.0 / 8.01
  • Stock P/E 90.0
  • Book Value 19.9
  • Dividend Yield 0.00 %
  • ROCE 5.34 %
  • ROE 0.57 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.51 times its book value
  • Debtor days have improved from 77.1 to 39.3 days.

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 -28.8% over past five years.
  • Company has a low return on equity of 1.15% over last 3 years.
  • Earnings include an other income of Rs.3.00 Cr.
  • Working capital days have increased from 154 days to 224 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
92.91 65.28 28.14 22.59 32.05 16.93 3.81 8.87 23.95 12.77 5.50 9.01 0.31
92.72 65.44 28.02 22.90 31.69 17.13 3.63 8.99 23.76 12.31 5.43 9.13 1.61
Operating Profit 0.19 -0.16 0.12 -0.31 0.36 -0.20 0.18 -0.12 0.19 0.46 0.07 -0.12 -1.30
OPM % 0.20% -0.25% 0.43% -1.37% 1.12% -1.18% 4.72% -1.35% 0.79% 3.60% 1.27% -1.33% -419.35%
0.59 0.66 0.19 0.66 0.35 0.60 0.15 0.40 0.23 0.18 0.43 0.49 1.90
Interest 0.49 0.34 0.19 0.22 0.45 0.28 0.23 0.16 0.28 0.52 0.39 0.24 0.35
Depreciation 0.07 0.08 0.08 0.08 0.08 0.08 0.09 0.09 0.08 0.09 0.09 0.12 0.21
Profit before tax 0.22 0.08 0.04 0.05 0.18 0.04 0.01 0.03 0.06 0.03 0.02 0.01 0.04
Tax % 45.45% 0.00% 0.00% 0.00% 50.00% 0.00% 0.00% 0.00% 66.67% 0.00% 0.00% 0.00% 50.00%
0.12 0.08 0.04 0.05 0.09 0.04 0.01 0.03 0.02 0.03 0.02 0.00 0.02
EPS in Rs 0.19 0.13 0.06 0.08 0.15 0.06 0.02 0.05 0.03 0.05 0.03 0.00 0.03
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
136.60 80.70 173.93 169.22 105.11 138.85 151.01 116.47 155.30 148.18 53.36 27.58
134.99 78.82 170.82 166.45 102.93 138.91 147.59 113.74 153.03 148.05 53.52 28.47
Operating Profit 1.61 1.88 3.11 2.77 2.18 -0.06 3.42 2.73 2.27 0.13 -0.16 -0.89
OPM % 1.18% 2.33% 1.79% 1.64% 2.07% -0.04% 2.26% 2.34% 1.46% 0.09% -0.30% -3.23%
0.00 0.02 0.06 0.34 0.07 2.50 -0.60 0.14 0.09 1.74 1.59 3.00
Interest 0.91 1.45 2.50 2.53 1.55 1.69 1.87 2.39 1.73 1.20 0.95 1.50
Depreciation 0.19 0.17 0.36 0.35 0.33 0.33 0.33 0.34 0.31 0.31 0.34 0.52
Profit before tax 0.51 0.28 0.31 0.23 0.37 0.42 0.62 0.14 0.32 0.36 0.14 0.09
Tax % 45.10% 103.57% 35.48% -8.70% 48.65% 47.62% 17.74% -28.57% 25.00% 25.00% 28.57% 22.22%
0.28 -0.01 0.21 0.25 0.19 0.22 0.51 0.18 0.23 0.27 0.10 0.07
EPS in Rs 0.45 -0.02 0.34 0.40 0.31 0.36 0.83 0.29 0.37 0.44 0.16 0.11
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: -10%
5 Years: -29%
3 Years: -44%
TTM: -48%
Compounded Profit Growth
10 Years: 25%
5 Years: -44%
3 Years: -33%
TTM: -13%
Stock Price CAGR
10 Years: 12%
5 Years: -7%
3 Years: 13%
1 Year: -21%
Return on Equity
10 Years: 3%
5 Years: 1%
3 Years: 1%
Last Year: 1%

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 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 5.26 5.25 4.17 4.42 4.58 4.80 5.30 5.49 5.72 5.99 6.09 6.16
12.19 12.30 24.17 23.65 19.44 17.69 19.59 15.61 15.88 13.57 21.53 13.43
11.31 20.20 15.51 8.40 12.44 5.57 7.87 10.86 7.33 3.29 3.54 1.63
Total Liabilities 34.91 43.90 50.00 42.62 42.61 34.21 38.91 38.11 35.08 29.00 37.31 27.37
8.39 8.39 6.43 5.97 5.64 5.31 4.99 4.81 4.36 4.04 5.27 8.35
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
Investments 0.14 0.24 0.24 0.19 0.23 0.11 0.27 0.08 0.08 0.21 0.21 0.12
26.38 35.27 43.33 36.46 36.74 28.79 33.65 33.22 30.64 24.75 31.83 18.90
Total Assets 34.91 43.90 50.00 42.62 42.61 34.21 38.91 38.11 35.08 29.00 37.31 27.37

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
2.59 0.63 -11.01 2.40 6.36 4.32 0.14 4.81 6.89 0.66 -4.50 14.40
-4.50 -0.27 0.37 0.16 -0.07 0.13 -0.15 0.06 0.15 -0.12 -1.48 -3.51
2.85 -1.14 9.40 -2.92 -1.59 -1.63 -1.66 -2.15 -1.93 -1.20 -0.94 -1.50
Net Cash Flow 0.94 -0.78 -1.24 -0.36 4.70 2.83 -1.67 2.72 5.11 -0.65 -6.92 9.39

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 28.19 76.62 64.45 37.44 53.69 46.27 45.39 80.20 48.11 37.76 154.18 39.31
Inventory Days 32.39 41.20 17.29 23.15 51.42 20.24 25.31 16.19 12.40 14.69 36.11 169.66
Days Payable 17.00 17.32 16.47 1.10 20.98 10.71 15.71 29.38 14.19 4.55 7.25 6.35
Cash Conversion Cycle 43.58 100.50 65.27 59.49 84.13 55.79 54.99 67.01 46.33 47.90 183.04 202.62
Working Capital Days 44.30 62.05 62.05 57.59 79.14 57.86 56.37 70.79 48.53 53.50 184.00 223.66
ROCE % 6.84% 7.32% 9.59% 7.95% 5.96% 7.18% 11.56% 8.61% 7.45% 5.84% 3.56%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
44.76% 44.73% 44.72% 44.71% 44.71% 44.71% 44.71% 44.68% 44.68% 44.68% 44.68% 44.64%
55.24% 55.27% 55.28% 55.29% 55.29% 55.29% 55.29% 55.32% 55.32% 55.32% 55.32% 55.35%
No. of Shareholders 3,1863,1763,2363,2853,2753,2953,3033,2953,2933,2973,3543,407

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