Jet Infraventure Ltd
Incorporated in 2001, Jet Infraventure Ltd does Real Estate Development and Construction[1]
- Market Cap ₹ 18.9 Cr.
- Current Price ₹ 29.0
- High / Low ₹ 31.0 / 7.76
- Stock P/E 314
- Book Value ₹ 13.5
- Dividend Yield 0.00 %
- ROCE 1.45 %
- ROE 1.07 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -10.8%
- Promoter holding is low: 16.5%
- Company has a low return on equity of 0.96% over last 3 years.
- Company has high debtors of 751 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
Half Yearly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 8.56 | 8.44 | 6.91 | 2.53 | 2.33 | 2.75 | 0.44 | 0.15 | 0.36 | 0.46 | 0.35 | |
-0.36 | 7.35 | 7.68 | 6.69 | 2.63 | 2.71 | 3.03 | 1.15 | 0.71 | 0.43 | 0.58 | 0.51 | |
Operating Profit | 0.36 | 1.21 | 0.76 | 0.22 | -0.10 | -0.38 | -0.28 | -0.71 | -0.56 | -0.07 | -0.12 | -0.16 |
OPM % | 14.14% | 9.00% | 3.18% | -3.95% | -16.31% | -10.18% | -161.36% | -373.33% | -19.44% | -26.09% | -45.71% | |
0.00 | 0.00 | 0.19 | 0.49 | 0.76 | 0.92 | 0.61 | 0.46 | 0.35 | 0.17 | 0.18 | 0.26 | |
Interest | 0.25 | 0.37 | 0.12 | 0.23 | 0.43 | 0.35 | 0.21 | 0.17 | 0.17 | 0.05 | 0.00 | 0.03 |
Depreciation | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
Profit before tax | 0.10 | 0.82 | 0.81 | 0.46 | 0.22 | 0.18 | 0.11 | -0.44 | -0.39 | 0.04 | 0.05 | 0.06 |
Tax % | 30.00% | 31.71% | 33.33% | 32.61% | 36.36% | 33.33% | 36.36% | -6.82% | 0.00% | 0.00% | 0.00% | 0.00% |
0.06 | 0.56 | 0.54 | 0.31 | 0.13 | 0.12 | 0.07 | -0.41 | -0.39 | 0.04 | 0.06 | 0.06 | |
EPS in Rs | 3.00 | 28.00 | 1.29 | 0.74 | 0.31 | 0.29 | 0.17 | -0.98 | -0.93 | 0.10 | 0.14 | 0.14 |
Dividend Payout % | 8.33% | 1.07% | 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: | -27% |
5 Years: | -34% |
3 Years: | 33% |
TTM: | -24% |
Compounded Profit Growth | |
---|---|
10 Years: | -20% |
5 Years: | -3% |
3 Years: | 29% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -9% |
1 Year: | 186% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | -2% |
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 | 0.05 | 0.06 | 1.05 | 1.05 | 1.05 | 1.05 | 2.10 | 2.10 | 2.10 | 2.10 | 2.10 | 4.19 |
Reserves | -0.11 | 0.59 | 4.63 | 4.93 | 5.06 | 5.18 | 4.20 | 3.80 | 3.41 | 3.45 | 3.50 | 1.47 |
4.89 | 5.12 | 1.05 | 3.78 | 3.29 | 1.97 | 1.84 | 1.64 | 1.80 | 0.38 | 0.69 | 0.44 | |
7.17 | 3.45 | 3.83 | 0.81 | 1.31 | 0.56 | 0.68 | 0.57 | 0.66 | 0.79 | 1.16 | 1.12 | |
Total Liabilities | 12.00 | 9.22 | 10.56 | 10.57 | 10.71 | 8.76 | 8.82 | 8.11 | 7.97 | 6.72 | 7.45 | 7.22 |
0.19 | 0.17 | 0.16 | 0.14 | 0.14 | 0.13 | 0.13 | 0.12 | 0.10 | 0.10 | 0.09 | 0.08 | |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
11.81 | 9.05 | 10.40 | 10.43 | 10.57 | 8.63 | 8.69 | 7.99 | 7.87 | 6.62 | 7.36 | 7.14 | |
Total Assets | 12.00 | 9.22 | 10.56 | 10.57 | 10.71 | 8.76 | 8.82 | 8.11 | 7.97 | 6.72 | 7.45 | 7.22 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.12 | -0.10 | 3.66 | -0.93 | 1.45 | 0.05 | -0.83 | -0.85 | -0.12 | 0.99 | -0.33 | -0.29 | |
-0.02 | 0.23 | -2.78 | -0.52 | -2.74 | 1.58 | 1.39 | 1.23 | 0.35 | 0.17 | 0.18 | 0.26 | |
0.00 | -0.13 | -0.78 | 1.71 | 0.99 | -1.66 | -0.32 | -0.37 | 0.00 | -1.46 | 0.30 | -0.27 | |
Net Cash Flow | -0.14 | 0.00 | 0.10 | 0.26 | -0.31 | -0.04 | 0.24 | 0.01 | 0.23 | -0.31 | 0.16 | -0.30 |
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 | 5.12 | 58.82 | 173.78 | 308.74 | 148.82 | 87.60 | 530.91 | 1,557.33 | 354.86 | 547.50 | 750.86 | |
Inventory Days | 481.73 | 455.55 | 165.00 | 16,881.25 | 13,200.83 | |||||||
Days Payable | 31.24 | 94.28 | 101.67 | 1,368.75 | 608.33 | |||||||
Cash Conversion Cycle | 455.61 | 420.08 | 237.12 | 308.74 | 148.82 | 87.60 | 530.91 | 17,069.83 | 354.86 | 547.50 | 13,343.36 | |
Working Capital Days | 236.23 | 187.69 | 375.56 | 1,320.06 | 1,251.65 | 1,020.67 | 5,873.18 | 16,157.33 | 5,647.36 | 4,594.24 | 6,163.29 | |
ROCE % | 11.71% | 23.02% | 14.88% | 8.37% | 6.78% | 6.02% | 3.92% | -3.44% | -2.96% | 1.36% | 0.82% | 1.45% |
Documents
Announcements
-
Statement Of Deviation Or Variation In The Use Of Proceeds Raised Through Preferential Issue
9 Oct - Statement of no deviation in fund utilization.
-
Announcement under Regulation 30 (LODR)-Allotment
9 Oct - Allotment of equity shares and convertible warrants.
-
Proceedings Of Annual General Meeting Held On 30 September, 2024.
30 Sep - Summary of 23rd AGM proceedings and resolutions.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Sep
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Sep - Outcome of AGM with resolutions approved.
Business Overview:[1]
Company is in the property construction and development business. It is working in Maharashtra and Gujarat and has completed several residential and commercial projects under its own banner and few in associate companies.