Jet Infraventure Ltd

Jet Infraventure Ltd

₹ 10.1 3.37%
22 Feb 11:54 a.m.
About

Incorporated in 2001, Jet Infraventure Ltd does Real Estate Development and Construction[1]

Key Points

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.

  • Market Cap 4.24 Cr.
  • Current Price 10.1
  • High / Low 24.5 / 0.00
  • Stock P/E 14.1
  • Book Value 13.4
  • Dividend Yield 0.00 %
  • ROCE 0.82 %
  • ROE 1.08 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.75 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -9.35%
  • The company has delivered a poor sales growth of -27.7% over past five years.
  • Company has a low return on equity of -1.73% over last 3 years.
  • Company has high debtors of 548 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

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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
0.04 0.39 0.00 0.15 0.16 0.15 0.02 0.43 0.17
0.55 0.61 0.32 0.39 0.26 0.39 0.32 0.24 0.23
Operating Profit -0.51 -0.22 -0.32 -0.24 -0.10 -0.24 -0.30 0.19 -0.06
OPM % -1,275.00% -56.41% -160.00% -62.50% -160.00% -1,500.00% 44.19% -35.29%
0.46 0.01 0.16 0.20 0.15 0.20 0.08 0.10 0.08
Interest 0.10 0.07 0.09 0.08 0.04 0.08 0.00 0.00 0.00
Depreciation 0.01 0.01 0.01 0.01 0.00 0.01 0.00 0.00 0.00
Profit before tax -0.16 -0.29 -0.26 -0.13 0.01 -0.13 -0.22 0.29 0.02
Tax % 0.00% 10.34% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.15 -0.25 -0.26 -0.13 0.00 -0.13 -0.23 0.28 0.02
EPS in Rs -0.36 -0.60 -0.62 -0.31 0.00 -0.31 -0.55 0.67 0.05
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 TTM
0.77 0.00 8.56 8.44 6.91 2.53 2.33 2.75 0.44 0.15 0.36 0.46 0.60
1.02 -0.36 7.35 7.68 6.69 2.63 2.71 3.03 1.15 0.71 0.43 0.58 0.47
Operating Profit -0.25 0.36 1.21 0.76 0.22 -0.10 -0.38 -0.28 -0.71 -0.56 -0.07 -0.12 0.13
OPM % -32.47% 14.14% 9.00% 3.18% -3.95% -16.31% -10.18% -161.36% -373.33% -19.44% -26.09% 21.67%
0.00 0.00 0.00 0.19 0.49 0.76 0.92 0.61 0.46 0.35 0.17 0.18 0.18
Interest 0.03 0.25 0.37 0.12 0.23 0.43 0.35 0.21 0.17 0.17 0.05 0.00 0.00
Depreciation 0.01 0.01 0.02 0.02 0.02 0.01 0.01 0.01 0.02 0.01 0.01 0.01 0.00
Profit before tax -0.29 0.10 0.82 0.81 0.46 0.22 0.18 0.11 -0.44 -0.39 0.04 0.05 0.31
Tax % 0.00% 30.00% 31.71% 33.33% 32.61% 36.36% 33.33% 36.36% 6.82% 0.00% 0.00% 0.00%
-0.30 0.06 0.56 0.54 0.31 0.13 0.12 0.07 -0.41 -0.39 0.04 0.06 0.30
EPS in Rs -15.00 3.00 28.00 1.29 0.74 0.31 0.29 0.17 -0.98 -0.93 0.10 0.14 0.72
Dividend Payout % -1.67% 8.33% 1.07% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -28%
3 Years: 1%
TTM: 253%
Compounded Profit Growth
10 Years: 0%
5 Years: -13%
3 Years: 29%
TTM: 183%
Stock Price CAGR
10 Years: %
5 Years: -24%
3 Years: %
1 Year: -45%
Return on Equity
10 Years: 2%
5 Years: -2%
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 Sep 2023
Equity Capital 0.05 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 -0.17 -0.11 0.59 4.63 4.93 5.06 5.18 4.20 3.80 3.41 3.45 3.50 1.42
1.27 4.89 5.12 1.05 3.78 3.29 1.97 1.84 1.64 1.80 0.38 0.69 0.46
1.14 7.17 3.45 3.83 0.81 1.31 0.56 0.68 0.57 0.66 0.79 1.16 1.13
Total Liabilities 2.29 12.00 9.22 10.56 10.57 10.71 8.76 8.82 8.11 7.97 6.72 7.45 7.20
0.18 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 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 0.00
2.11 11.81 9.05 10.40 10.43 10.57 8.63 8.69 7.99 7.87 6.62 7.36 7.12
Total Assets 2.29 12.00 9.22 10.56 10.57 10.71 8.76 8.82 8.11 7.97 6.72 7.45 7.20

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
0.14 -0.12 -0.10 3.66 -0.93 1.45 0.05 -0.83 -0.85 -0.12 0.99 -0.33
-0.01 -0.02 0.23 -2.78 -0.52 -2.74 1.58 1.39 1.23 0.35 0.17 0.18
0.00 0.00 -0.13 -0.78 1.71 0.99 -1.66 -0.32 -0.37 0.00 -1.46 0.30
Net Cash Flow 0.13 -0.14 0.00 0.10 0.26 -0.31 -0.04 0.24 0.01 0.23 -0.31 0.16

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 0.00 5.12 58.82 173.78 308.74 148.82 87.60 530.91 1,557.33 354.86 547.50
Inventory Days 481.73 455.55 165.00 16,881.25
Days Payable 31.24 94.28 101.67 1,368.75
Cash Conversion Cycle 0.00 455.61 420.08 237.12 308.74 148.82 87.60 530.91 17,069.83 354.86 547.50
Working Capital Days 383.96 236.23 187.69 375.56 1,320.06 1,251.65 1,020.67 5,873.18 16,157.33 5,647.36 4,594.24
ROCE % -31.14% 11.71% 23.02% 14.88% 8.37% 6.78% 6.02% 3.92% -3.44% -2.96% 1.36% 0.82%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2018Mar 2019Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
66.84% 67.22% 67.22% 67.22% 67.22% 67.22% 67.22% 67.22% 67.22% 67.22% 57.49% 48.14%
33.16% 32.78% 32.78% 32.78% 32.78% 32.78% 32.78% 32.78% 32.77% 32.78% 42.52% 51.87%
No. of Shareholders 74746973737474747573167210

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