Joindre Capital Services Ltd

₹ 28.4 0.89%
12 Aug - close price
About

Incorporated in 1995, Joindre Capital Services Ltd is engaged in business of stock broking, proprietary trading & allied activities

Key Points

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.

  • Market Cap 39.3 Cr.
  • Current Price 28.4
  • High / Low 38.8 / 22.6
  • Stock P/E 7.74
  • Book Value 50.4
  • Dividend Yield 3.52 %
  • ROCE 11.7 %
  • ROE 9.32 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.56 times its book value
  • Stock is providing a good dividend yield of 3.52%.
  • Company has been maintaining a healthy dividend payout of 47.0%
  • Debtor days have improved from 99.3 to 50.5 days.

Cons

  • Company has a low return on equity of 5.62% for last 3 years.
  • Contingent liabilities of Rs.16.3 Cr.

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
5.07 4.81 5.23 5.72 5.80 7.49 6.52 8.39 10.13 9.20 9.41 8.81 7.33
4.83 4.29 4.89 4.86 5.04 6.17 5.42 6.40 7.23 7.04 7.42 7.38 5.87
Operating Profit 0.24 0.52 0.34 0.86 0.76 1.32 1.10 1.99 2.90 2.16 1.99 1.43 1.46
OPM % 4.73% 10.81% 6.50% 15.03% 13.10% 17.62% 16.87% 23.72% 28.63% 23.48% 21.15% 16.23% 19.92%
0.00 0.01 0.00 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.07 0.00
Interest 0.05 0.06 0.05 0.13 0.05 0.08 0.11 0.17 0.22 0.18 0.22 0.08 0.12
Depreciation 0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.04 0.02 0.13 0.12 0.12
Profit before tax 0.16 0.44 0.26 0.74 0.67 1.20 0.95 1.78 2.64 1.96 2.14 1.30 1.22
Tax % 12.50% 29.55% 23.08% 27.03% 28.36% 28.33% 28.42% 30.34% 19.70% 21.43% 21.96% 26.92% 23.77%
Net Profit 0.13 0.31 0.20 0.54 0.48 0.86 0.67 1.25 2.13 1.53 1.67 0.95 0.93
EPS in Rs 0.09 0.22 0.14 0.39 0.35 0.62 0.48 0.90 1.54 1.11 1.21 0.69 0.67

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
29.63 20.66 17.88 17.22 25.90 21.97 24.47 31.62 23.28 20.83 28.20 37.56 34.75
24.95 16.72 15.19 13.67 19.55 18.18 20.17 24.55 19.86 18.74 22.85 29.08 27.71
Operating Profit 4.68 3.94 2.69 3.55 6.35 3.79 4.30 7.07 3.42 2.09 5.35 8.48 7.04
OPM % 15.79% 19.07% 15.04% 20.62% 24.52% 17.25% 17.57% 22.36% 14.69% 10.03% 18.97% 22.58% 20.26%
-0.02 0.00 0.00 0.05 0.00 -0.01 4.21 0.47 0.60 0.07 0.00 0.57 0.57
Interest 0.68 0.90 0.64 0.46 0.64 0.62 0.44 0.41 0.39 0.44 0.59 0.71 0.60
Depreciation 0.39 0.34 0.29 0.24 0.23 0.20 0.13 0.09 0.20 0.14 0.16 0.31 0.39
Profit before tax 3.59 2.70 1.76 2.90 5.48 2.96 7.94 7.04 3.43 1.58 4.60 8.03 6.62
Tax % 32.87% 32.59% 32.39% 31.03% 30.84% 32.09% 32.12% 15.34% 27.41% 26.58% 28.91% 21.79%
Net Profit 2.41 1.82 1.19 2.00 3.78 2.01 5.39 5.96 2.49 1.17 3.26 6.27 5.08
EPS in Rs 1.74 1.32 0.86 1.45 2.73 1.45 3.90 4.31 1.80 0.85 2.36 4.53 3.68
Dividend Payout % 45.94% 0.00% 0.00% 0.00% 27.46% 41.31% 19.26% 17.42% 41.69% 70.97% 42.45% 27.59%
Compounded Sales Growth
10 Years: 6%
5 Years: 9%
3 Years: 17%
TTM: 7%
Compounded Profit Growth
10 Years: 13%
5 Years: 3%
3 Years: 36%
TTM: 3%
Stock Price CAGR
10 Years: 11%
5 Years: 1%
3 Years: 22%
1 Year: 8%
Return on Equity
10 Years: 6%
5 Years: 6%
3 Years: 6%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
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 24.93 26.75 27.95 29.95 32.37 33.39 37.53 43.49 47.05 46.49 50.89 55.96
0.00 0.00 0.00 0.00 0.00 0.82 0.00 0.00 0.00 0.00 9.50 5.12
31.97 25.01 18.49 17.66 21.93 18.90 20.98 26.30 26.91 32.12 42.80 57.35
Total Liabilities 70.74 65.60 60.28 61.45 68.14 66.95 72.35 83.63 87.80 92.45 117.03 132.27
1.32 1.07 1.07 0.84 0.50 0.50 0.41 0.44 0.47 0.50 0.43 1.90
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 1.31 1.31 1.31 3.62 4.42 4.44 4.45 3.43 5.20 6.67 9.64 7.67
68.11 63.22 57.90 56.99 63.22 62.01 67.49 79.76 82.13 85.28 106.96 122.70
Total Assets 70.74 65.60 60.28 61.45 68.14 66.95 72.35 83.63 87.80 92.45 117.03 132.27

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-8.09 -3.14 -5.55 -0.22 3.94 -6.48 1.69 3.26 -2.62 0.54 21.60 9.56
1.36 4.65 3.58 3.29 -2.41 4.62 7.96 -4.72 5.03 2.21 3.99 8.83
-1.97 -2.19 -0.64 -0.46 -0.64 -1.05 -2.26 -1.50 -1.48 -1.53 -1.25 -2.09
Net Cash Flow -8.70 -0.68 -2.61 2.61 0.88 -2.91 7.39 -2.96 0.93 1.22 24.34 16.30

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 145.11 160.95 146.16 82.67 57.08 92.70 55.34 106.54 105.05 154.20 93.06 50.53
Inventory Days
Days Payable
Cash Conversion Cycle 145.11 160.95 146.16 82.67 57.08 92.70 55.34 106.54 105.05 154.20 93.06 50.53
Working Capital Days -228.39 -250.16 -208.63 -241.43 -232.95 -198.86 -242.09 -182.73 -122.76 -187.14 -297.31 -461.11
ROCE % 11.23% 9.07% 5.83% 7.74% 13.60% 7.62% 16.86% 13.71% 6.46% 3.33% 7.71% 11.72%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
63.71 63.71 63.71 63.71 63.71 63.71 63.71 63.71 63.71 63.71 63.71 63.71
0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
36.29 36.28 36.29 36.29 36.29 36.29 36.29 36.29 36.29 36.29 36.29 36.29

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