Jhandewalas Foods Ltd

Jhandewalas Foods Ltd

₹ 146 5.00%
19 Apr - close price
About

Jhandewalas Foods is engaged in the product portfolio includes Desi Ghee, poha, mangodi, papad, kesar under brand name Namans and Cow Ghee under brand name Godhenu. Porridge, nachos & pasta under brand name Yumm Yoo. Refined groundnut oil under brand name Polki.

Key Points

Product Portfolio[1] Buffalo Ghee, Cow Ghee, A2 Gir Cow Ghee, Premium Buffalo Ghee, Kesar (“Saffron”), Poha (“Flattened rice”), Mangodi, Papad, Refined Groundnut Qil, Pasta, Varieties of Chutney, Chai (“Tea”) Masala and Poha Masala, Indian Spices, Chilla Pre Mix, Rava Idli Mix and many more.

  • Market Cap 150 Cr.
  • Current Price 146
  • High / Low 146 / 6.87
  • Stock P/E 46.6
  • Book Value -29.3
  • Dividend Yield 0.00 %
  • ROCE 29.2 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Debtor days have improved from 106 to 81.5 days.

Cons

  • The company has delivered a poor sales growth of -40.9% over past five years.
  • Earnings include an other income of Rs.7.26 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: FMCG Industry: Food - Processing - Indian

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Half Yearly Results

Figures in Rs. Crores

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
80.73 20.98 49.77 8.18 20.06 13.82 17.84 5.03 7.85 10.33
96.75 24.38 69.91 13.56 32.20 15.53 21.71 6.67 9.58 11.82
Operating Profit -16.02 -3.40 -20.14 -5.38 -12.14 -1.71 -3.87 -1.64 -1.73 -1.49
OPM % -19.84% -16.21% -40.47% -65.77% -60.52% -12.37% -21.69% -32.60% -22.04% -14.42%
0.04 0.51 0.00 0.00 0.00 0.01 1.91 -2.25 5.86 1.40
Interest 2.97 2.46 3.02 0.33 0.22 0.00 0.00 0.00 0.00 0.04
Depreciation 0.24 0.29 0.57 0.25 0.25 0.22 0.22 0.19 0.14 0.16
Profit before tax -19.19 -5.64 -23.73 -5.96 -12.61 -1.92 -2.18 -4.08 3.99 -0.29
Tax % 12.56% 0.35% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-16.78 -5.62 -23.73 -5.96 -12.61 -1.92 -2.18 -4.08 3.99 -0.30
EPS in Rs -16.35 -5.48 -23.13 -5.81 -12.29 -1.87 -2.12 -3.98 3.89 -0.29
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
48.27 88.21 139.96 142.67 148.50 177.79 154.83 47.58 27.98 31.63 12.86 18.18
47.51 86.74 136.90 136.94 139.52 167.42 160.21 69.75 45.52 37.23 16.01 21.40
Operating Profit 0.76 1.47 3.06 5.73 8.98 10.37 -5.38 -22.17 -17.54 -5.60 -3.15 -3.22
OPM % 1.57% 1.67% 2.19% 4.02% 6.05% 5.83% -3.47% -46.60% -62.69% -17.70% -24.49% -17.71%
0.11 0.02 2.78 0.09 -0.10 0.09 -6.25 2.07 0.02 2.00 3.61 7.26
Interest 0.53 0.98 3.18 3.92 4.83 4.97 5.80 3.06 0.55 0.06 0.22 0.04
Depreciation 0.16 0.22 0.38 0.39 0.39 0.40 0.51 0.57 0.50 0.43 0.33 0.30
Profit before tax 0.18 0.29 2.28 1.51 3.66 5.09 -17.94 -23.73 -18.57 -4.09 -0.09 3.70
Tax % 33.33% 31.03% 22.81% 37.75% 38.52% 37.72% 11.54% 0.00% 0.00% 0.00% 0.00%
0.13 0.20 1.77 0.94 2.26 3.17 -15.87 -23.73 -18.57 -4.09 -0.09 3.69
EPS in Rs 5.20 3.90 5.66 3.01 7.23 3.09 -15.47 -23.13 -18.10 -3.99 -0.09 3.60
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: %
5 Years: -41%
3 Years: -35%
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: -3%
3 Years: 28%
TTM: 160%
Stock Price CAGR
10 Years: %
5 Years: 45%
3 Years: 153%
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.25 0.25 3.13 3.13 3.13 10.26 10.26 10.26 10.26 10.26 10.26 10.26
Reserves 1.58 1.58 6.84 7.78 10.24 22.28 6.41 -17.32 -35.88 -39.98 -40.07 -40.36
7.02 7.02 28.19 34.54 35.60 48.61 56.66 47.50 46.76 43.62 35.76 31.86
3.88 3.88 10.38 12.76 12.00 8.99 12.34 18.00 13.54 13.46 12.35 16.23
Total Liabilities 12.73 12.73 48.54 58.21 60.97 90.14 85.67 58.44 34.68 27.36 18.30 17.99
1.39 1.39 4.37 4.01 3.86 3.80 4.45 15.65 15.99 15.63 9.94 9.81
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
11.34 11.34 44.17 54.20 57.11 86.34 81.22 42.79 18.69 11.73 8.36 8.18
Total Assets 12.73 12.73 48.54 58.21 60.97 90.14 85.67 58.44 34.68 27.36 18.30 17.99

Cash Flows

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.00 1.30 -0.71 4.92 -20.05 0.21 24.98 1.42 4.19 1.81
0.00 0.00 1.73 -0.09 -2.68 -1.63 -1.13 -11.27 -0.84 -0.57 5.86
0.00 0.00 -3.38 1.80 -3.13 22.82 1.20 -14.86 -1.03 -3.18 -7.96
Net Cash Flow 0.00 0.00 -0.35 1.00 -0.90 1.14 0.28 -1.14 -0.45 0.43 -0.29

Ratios

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 24.05 13.16 59.49 78.80 75.65 94.68 119.40 211.27 147.67 88.05 81.46
Inventory Days 59.68 32.71 53.35 56.79 65.99 80.53 58.73 70.89 58.24 8.28 78.17
Days Payable 7.64 16.10 25.47 21.46 21.38 13.24 25.28 96.13 134.47 118.50 317.53
Cash Conversion Cycle 76.09 29.77 87.36 114.12 120.26 161.97 152.86 186.02 71.44 -22.17 -157.90
Working Capital Days 55.58 30.41 87.70 105.71 108.00 147.73 145.78 128.49 62.75 -33.81 -122.90
ROCE % 14.35% 12.96% 18.32% 15.46% -7.52% -36.34% -58.53% -33.96% 29.22%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Sep 2022Dec 2022Mar 2023Sep 2023
65.78% 65.78% 65.78% 65.78% 65.78% 65.78% 65.78% 65.78% 65.78% 65.78% 65.78% 65.78%
34.22% 34.22% 34.22% 34.22% 34.22% 34.22% 34.22% 34.22% 34.22% 34.22% 34.22% 34.22%
No. of Shareholders 574573561578572570549555556556550550

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