Jain Marmo Industries Ltd

Jain Marmo Industries Ltd

₹ 23.2 4.99%
13 Mar 2024
About

Incorporated in 1981, Jain Marmo Industries is engaged in producing, processing & trading of Marble Blocks/slabs/other stones

Key Points

Business Overview:[1][2]
Company is a Quarry Owner, Processors & Exporters of Green Serpentine Marble Blocks and Slabs along with Indian Marble, Green Marble, White Marble, Rainforest Green Marble, Granites, etc. Company imports Marble from Italy, Turkey, Spain, China, Iran, etc.

  • Market Cap 7.25 Cr.
  • Current Price 23.2
  • High / Low 23.3 / 21.6
  • Stock P/E
  • Book Value 11.8
  • Dividend Yield 0.00 %
  • ROCE 5.66 %
  • ROE 2.86 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -17.8% over past five years.
  • Company has a low return on equity of -0.69% over last 3 years.
  • Company has high debtors of 439 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: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.79 0.31 0.29 0.40 0.23 0.62 0.24 0.16 0.26 0.68 0.14 0.13 0.27
0.47 0.38 0.23 0.35 0.29 0.58 0.27 0.27 0.32 0.60 0.26 0.27 0.33
Operating Profit 0.32 -0.07 0.06 0.05 -0.06 0.04 -0.03 -0.11 -0.06 0.08 -0.12 -0.14 -0.06
OPM % 40.51% -22.58% 20.69% 12.50% -26.09% 6.45% -12.50% -68.75% -23.08% 11.76% -85.71% -107.69% -22.22%
0.00 0.13 0.00 0.00 0.00 0.10 0.00 0.00 0.55 0.00 0.00 0.01 0.02
Interest 0.05 0.05 0.05 0.04 0.04 0.02 0.03 0.04 0.04 0.04 0.03 0.03 0.03
Depreciation 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.02 0.02 0.02 0.02
Profit before tax 0.23 -0.03 -0.03 -0.03 -0.14 0.08 -0.10 -0.19 0.41 0.02 -0.17 -0.18 -0.09
Tax % 21.74% 66.67% 33.33% 33.33% 21.43% 37.50% 30.00% 26.32% 24.39% 50.00% 23.53% 50.00% 22.22%
0.18 -0.01 -0.02 -0.02 -0.11 0.06 -0.07 -0.14 0.31 0.01 -0.13 -0.09 -0.07
EPS in Rs 0.57 -0.03 -0.06 -0.06 -0.35 0.19 -0.22 -0.45 0.99 0.03 -0.42 -0.29 -0.22
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
4.69 6.31 5.27 5.28 7.98 5.04 3.44 3.14 3.03 1.45 1.49 1.29 1.22
4.21 5.52 4.71 4.78 7.42 4.59 2.84 2.61 2.60 1.34 1.39 1.41 1.46
Operating Profit 0.48 0.79 0.56 0.50 0.56 0.45 0.60 0.53 0.43 0.11 0.10 -0.12 -0.24
OPM % 10.23% 12.52% 10.63% 9.47% 7.02% 8.93% 17.44% 16.88% 14.19% 7.59% 6.71% -9.30% -19.67%
0.11 0.01 0.03 0.12 0.11 0.12 0.01 0.00 0.01 0.13 0.10 0.55 0.03
Interest 0.27 0.35 0.28 0.28 0.24 0.25 0.39 0.33 0.26 0.21 0.16 0.15 0.13
Depreciation 0.23 0.31 0.22 0.19 0.20 0.19 0.20 0.18 0.16 0.16 0.16 0.14 0.08
Profit before tax 0.09 0.14 0.09 0.15 0.23 0.13 0.02 0.02 0.02 -0.13 -0.12 0.14 -0.42
Tax % 44.44% 35.71% 33.33% 33.33% 34.78% 30.77% -250.00% 50.00% 50.00% 30.77% 16.67% 28.57%
0.06 0.10 0.06 0.11 0.16 0.08 0.07 0.00 0.01 -0.09 -0.10 0.11 -0.28
EPS in Rs 0.19 0.32 0.19 0.35 0.51 0.26 0.22 0.00 0.03 -0.29 -0.32 0.35 -0.90
Dividend Payout % 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: -15%
5 Years: -18%
3 Years: -25%
TTM: -5%
Compounded Profit Growth
10 Years: 1%
5 Years: 9%
3 Years: 122%
TTM: -275%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 11%
1 Year: 1%
Return on Equity
10 Years: 1%
5 Years: 0%
3 Years: -1%
Last Year: 3%

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 3.13 3.13 3.13 3.13 3.13 3.13 3.13 3.13 3.13 3.13 3.13 3.13 3.13
Reserves 0.36 0.45 0.51 0.56 0.72 0.75 0.83 0.84 0.86 0.74 0.65 0.77 0.55
2.54 2.47 2.01 2.08 1.85 2.95 3.01 2.63 2.02 1.73 1.42 1.15 1.31
1.75 2.36 1.33 1.92 2.32 1.34 1.77 1.77 1.00 1.27 1.38 0.89 0.95
Total Liabilities 7.78 8.41 6.98 7.69 8.02 8.17 8.74 8.37 7.01 6.87 6.58 5.94 5.94
3.04 2.84 2.63 2.76 2.56 2.39 2.19 1.96 1.79 1.63 1.47 1.27 1.23
CWIP 0.04 0.04 0.04 0.04 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
4.69 5.52 4.30 4.88 5.41 5.77 6.54 6.40 5.21 5.23 5.10 4.66 4.70
Total Assets 7.78 8.41 6.98 7.69 8.02 8.17 8.74 8.37 7.01 6.87 6.58 5.94 5.94

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
-0.36 0.68 0.82 1.08 -0.14 -0.58 0.09 0.61 0.88 0.59 0.49 0.21
-1.28 0.01 -0.22 -0.53 0.36 -0.02 0.01 0.04 0.00 0.00 0.00 0.18
1.49 -0.57 -0.54 -0.50 -0.33 0.86 -0.30 -0.70 -0.86 -0.63 -0.47 -0.40
Net Cash Flow -0.15 0.12 0.06 0.05 -0.11 0.26 -0.20 -0.05 0.02 -0.04 0.02 -0.01

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 63.04 100.65 65.80 67.05 85.08 208.57 231.31 305.72 249.36 339.83 433.59 438.57
Inventory Days 444.46 303.54 309.97 367.29 210.70 282.99 1,097.66 987.48 665.59 2,817.05 2,930.14 1,639.51
Days Payable 114.48 128.60 41.55 125.86 95.95 51.98 277.08 161.28 85.88 636.41 365.00 203.44
Cash Conversion Cycle 393.02 275.58 334.21 308.48 199.83 439.58 1,051.89 1,131.92 829.06 2,520.47 2,998.73 1,874.63
Working Capital Days 217.13 168.91 182.15 154.85 145.45 297.65 497.63 532.39 501.12 1,027.03 1,050.91 1,111.98
ROCE % 7.02% 8.11% 6.32% 7.53% 8.20% 6.07% 5.94% 5.16% 4.44% 1.38% 0.74% 5.66%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
53.73% 53.73% 53.73% 53.73% 53.73% 53.73% 53.73% 53.73% 53.73% 53.73% 53.73% 53.73%
4.79% 4.79% 4.79% 4.79% 4.79% 4.79% 4.79% 4.79% 4.79% 4.79% 4.79% 4.79%
41.47% 41.47% 41.47% 41.47% 41.47% 41.48% 41.49% 41.49% 41.49% 41.49% 41.49% 41.49%
No. of Shareholders 758775782808805802800802804804808808

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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