Joindre Capital Services Ltd
Incorporated in 1995, Joindre Capital Services Ltd is engaged in business of stock broking, proprietary trading & allied activities
- Market Cap ₹ 66.6 Cr.
- Current Price ₹ 48.1
- High / Low ₹ 71.4 / 29.0
- Stock P/E 12.8
- Book Value ₹ 53.2
- Dividend Yield 2.60 %
- ROCE 6.61 %
- ROE 4.38 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.90 times its book value
- Company has been maintaining a healthy dividend payout of 41.8%
Cons
- The company has delivered a poor sales growth of -1.69% over past five years.
- Company has a low return on equity of 6.37% over last 3 years.
- Contingent liabilities of Rs.30.3 Cr.
- Debtor days have increased from 81.7 to 130 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: Stock/ Commodity Brokers Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
20.09 | 17.39 | 16.99 | 25.79 | 21.88 | 24.37 | 31.54 | 23.17 | 20.80 | 28.18 | 37.56 | 28.97 | 34.83 | |
16.25 | 14.86 | 13.53 | 19.49 | 18.11 | 20.08 | 24.47 | 19.77 | 18.69 | 22.82 | 28.70 | 23.53 | 26.88 | |
Operating Profit | 3.84 | 2.53 | 3.46 | 6.30 | 3.77 | 4.29 | 7.07 | 3.40 | 2.11 | 5.36 | 8.86 | 5.44 | 7.95 |
OPM % | 19.11% | 14.55% | 20.36% | 24.43% | 17.23% | 17.60% | 22.42% | 14.67% | 10.14% | 19.02% | 23.59% | 18.78% | 22.83% |
0.00 | 0.00 | 0.05 | 0.00 | -0.01 | 4.21 | 0.46 | 0.60 | 0.06 | 0.00 | 0.57 | 0.00 | 0.00 | |
Interest | 0.88 | 0.62 | 0.45 | 0.64 | 0.62 | 0.44 | 0.40 | 0.38 | 0.43 | 0.54 | 1.05 | 0.70 | 0.32 |
Depreciation | 0.34 | 0.29 | 0.24 | 0.23 | 0.20 | 0.13 | 0.09 | 0.20 | 0.14 | 0.16 | 0.31 | 0.47 | 0.51 |
Profit before tax | 2.62 | 1.62 | 2.82 | 5.43 | 2.94 | 7.93 | 7.04 | 3.42 | 1.60 | 4.66 | 8.07 | 4.27 | 7.12 |
Tax % | 32.44% | 32.10% | 31.21% | 30.94% | 32.31% | 32.16% | 15.34% | 27.49% | 26.25% | 28.97% | 21.93% | 27.63% | |
1.77 | 1.10 | 1.94 | 3.75 | 2.00 | 5.39 | 5.96 | 2.48 | 1.19 | 3.31 | 6.30 | 3.08 | 5.18 | |
EPS in Rs | 1.28 | 0.79 | 1.40 | 2.71 | 1.45 | 3.90 | 4.31 | 1.79 | 0.86 | 2.39 | 4.55 | 2.23 | 3.75 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 27.68% | 41.52% | 19.26% | 17.42% | 41.85% | 69.78% | 41.81% | 27.46% | 56.17% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | -2% |
3 Years: | 12% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | -12% |
3 Years: | 37% |
TTM: | 50% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 23% |
3 Years: | 42% |
1 Year: | 54% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 6% |
Last Year: | 4% |
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 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 | 13.84 |
Reserves | 26.47 | 27.57 | 29.51 | 31.91 | 32.91 | 37.04 | 43.00 | 46.55 | 46.00 | 50.46 | 55.56 | 57.50 | 59.76 |
0.00 | 0.00 | 0.00 | 0.00 | 0.82 | 0.00 | 0.00 | 0.00 | 0.00 | 9.50 | 5.12 | 4.45 | 1.10 | |
23.16 | 18.09 | 17.35 | 21.69 | 18.65 | 20.79 | 26.18 | 26.75 | 32.12 | 40.81 | 57.38 | 35.78 | 99.32 | |
Total Liabilities | 63.47 | 59.50 | 60.70 | 67.44 | 66.22 | 71.67 | 83.02 | 87.14 | 91.96 | 114.61 | 131.90 | 111.57 | 174.02 |
1.07 | 1.07 | 0.84 | 0.50 | 0.50 | 0.41 | 0.44 | 0.47 | 0.50 | 0.43 | 1.90 | 1.78 | 1.62 | |
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 | 2.05 | 2.05 | 4.36 | 5.17 | 5.20 | 5.20 | 4.19 | 5.95 | 7.43 | 10.40 | 8.43 | 16.59 | 9.60 |
60.35 | 56.38 | 55.50 | 61.77 | 60.52 | 66.06 | 78.39 | 80.72 | 84.03 | 103.78 | 121.57 | 93.20 | 162.80 | |
Total Assets | 63.47 | 59.50 | 60.70 | 67.44 | 66.22 | 71.67 | 83.02 | 87.14 | 91.96 | 114.61 | 131.90 | 111.57 | 174.02 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4.01 | -4.86 | -0.17 | 4.00 | -6.24 | 5.34 | 3.32 | -2.50 | 0.85 | 21.28 | 9.95 | -27.11 | |
5.29 | 3.32 | 2.96 | -2.47 | 4.56 | 4.09 | -4.73 | 5.00 | 2.19 | 3.98 | 8.83 | -2.69 | |
-2.18 | -0.62 | -0.45 | -0.64 | -1.05 | -2.26 | -1.50 | -1.48 | -1.53 | -1.20 | -2.09 | -2.16 | |
Net Cash Flow | -0.90 | -2.16 | 2.34 | 0.89 | -2.73 | 7.18 | -2.90 | 1.02 | 1.50 | 24.05 | 16.69 | -31.97 |
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 | 158.97 | 146.08 | 83.14 | 56.89 | 92.92 | 55.27 | 106.82 | 105.23 | 154.42 | 64.24 | 50.53 | 130.28 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 158.97 | 146.08 | 83.14 | 56.89 | 92.92 | 55.27 | 106.82 | 105.23 | 154.42 | 64.24 | 50.53 | 130.28 |
Working Capital Days | -243.64 | -213.88 | -245.55 | -235.50 | -205.02 | -246.08 | -186.09 | -134.06 | -203.73 | -313.58 | -401.05 | -176.89 |
ROCE % | 8.88% | 5.48% | 7.60% | 13.63% | 7.65% | 17.00% | 13.81% | 6.48% | 3.38% | 7.78% | 12.30% | 6.61% |
Documents
Announcements
- Certificate From Practicing Company Secretaries Pursuant Reg. 40(9), 40(10) Of SEBI (LODR) Regulations, 2015 13 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 10 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended March 31St, 2024. 6 Apr
- Submission Of Revised Proceedings - Conclusion Time Of Annual General Meeting 6 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - With reference to above and pursuant to Reg. 74(5) of SEBI(DP) Reg, 2018 please find attached herewith certificate received from M/s. Link Intime India Pvt. …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Registrations:[1]
Company is registered with SEBI under the Stock Brokers and Sub-Brokers Regulations. Company has a Trading-cum-Clearing Membership of BSE Ltd in their Cash and Derivative segment and NSE Ltd in their Cash, Derivative, Currency Derivative segment. Company is also registered with CDSL as a Depository Participant.