Jagatjit Industries Ltd
Jagatjit Industries Limited (JIL), incorporated in 1944, manufactures an entire range of alcoholic beverages and markets malt extracts and malted milk foods. [1]
- Market Cap ₹ 826 Cr.
- Current Price ₹ 177
- High / Low ₹ 256 / 95.0
- Stock P/E 67.0
- Book Value ₹ 15.6
- Dividend Yield 0.00 %
- ROCE 12.7 %
- ROE 9.01 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 11.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.89% over last 3 years.
- Earnings include an other income of Rs.36.2 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: Alcoholic Beverages Industry: Breweries & Distilleries
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,077 | 993 | 936 | 831 | 688 | 485 | 364 | 286 | 221 | 400 | 443 | 507 | 558 | |
1,078 | 966 | 935 | 843 | 706 | 572 | 407 | 339 | 287 | 388 | 456 | 502 | 545 | |
Operating Profit | -1 | 28 | 1 | -11 | -18 | -87 | -44 | -53 | -67 | 11 | -13 | 6 | 13 |
OPM % | -0% | 3% | 0% | -1% | -3% | -18% | -12% | -18% | -30% | 3% | -3% | 1% | 2% |
76 | 19 | 3 | -0 | 5 | 34 | 33 | 68 | 76 | 33 | 52 | 42 | 36 | |
Interest | 22 | 23 | 29 | 31 | 41 | 49 | 55 | 73 | 42 | 30 | 29 | 31 | 27 |
Depreciation | 25 | 18 | 18 | 12 | 13 | 13 | 12 | 10 | 10 | 9 | 10 | 10 | 10 |
Profit before tax | 28 | 7 | -43 | -56 | -67 | -114 | -78 | -67 | -42 | 5 | 1 | 7 | 12 |
Tax % | -23% | 24% | -6% | 23% | 2% | -0% | 5% | 2% | -18% | 0% | 6% | 0% | |
35 | 5 | -45 | -43 | -66 | -116 | -75 | -66 | -45 | 5 | 0 | 7 | 12 | |
EPS in Rs | 7.61 | 1.12 | -9.83 | -9.33 | -14.25 | -25.09 | -16.16 | -14.29 | -9.66 | 1.06 | 0.10 | 1.54 | 2.60 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -7% |
5 Years: | 7% |
3 Years: | 32% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 16% |
3 Years: | 27% |
TTM: | 49% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 34% |
3 Years: | 70% |
1 Year: | 84% |
Return on Equity | |
---|---|
10 Years: | -29% |
5 Years: | -39% |
3 Years: | 6% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
Reserves | 320 | 323 | 274 | 225 | 156 | 192 | 116 | 46 | -1 | 5 | 6 | 19 | 26 |
164 | 212 | 219 | 265 | 290 | 285 | 330 | 285 | 211 | 217 | 217 | 223 | 214 | |
286 | 267 | 258 | 285 | 257 | 258 | 277 | 285 | 256 | 231 | 229 | 215 | 235 | |
Total Liabilities | 816 | 848 | 797 | 821 | 749 | 781 | 769 | 662 | 512 | 498 | 499 | 502 | 521 |
318 | 354 | 334 | 309 | 299 | 454 | 443 | 411 | 391 | 390 | 387 | 380 | 380 | |
CWIP | 5 | 2 | 6 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Investments | 5 | 6 | 5 | 4 | 5 | 4 | 3 | 9 | 6 | 6 | 6 | 6 | 4 |
488 | 486 | 452 | 506 | 444 | 323 | 322 | 242 | 115 | 102 | 106 | 116 | 136 | |
Total Assets | 816 | 848 | 797 | 821 | 749 | 781 | 769 | 662 | 512 | 498 | 499 | 502 | 521 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-13 | -24 | 12 | 6 | 19 | 10 | 8 | 50 | 16 | 25 | 14 | 12 | |
62 | -29 | -5 | -22 | 2 | 30 | 20 | 65 | 33 | -5 | 10 | 20 | |
-32 | 20 | -17 | 15 | -19 | -43 | -22 | -118 | -48 | -26 | -28 | -24 | |
Net Cash Flow | 17 | -34 | -11 | -1 | 1 | -3 | 6 | -2 | 1 | -5 | -4 | 9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 67 | 82 | 85 | 103 | 100 | 106 | 135 | 102 | 47 | 19 | 26 | 18 |
Inventory Days | 103 | 106 | 82 | 95 | 109 | 184 | 182 | 193 | 167 | 64 | 54 | 55 |
Days Payable | 99 | 104 | 96 | 127 | 131 | 302 | 387 | 428 | 270 | 106 | 81 | 61 |
Cash Conversion Cycle | 71 | 84 | 71 | 72 | 78 | -12 | -70 | -133 | -56 | -24 | -1 | 12 |
Working Capital Days | 43 | 58 | 56 | 71 | 59 | 8 | -56 | -124 | -201 | -76 | -51 | -45 |
ROCE % | -4% | 3% | -3% | -4% | -5% | -13% | -5% | -1% | -9% | 12% | 11% | 13% |
Documents
Announcements
- Certificate Under Regulation 40(9) Of SEBI LODR 15h
- Certificate Under Regulation 7(3) Of SEBI LODR, Regulations, 2015 10 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 4 Apr
- Closure of Trading Window 27 Mar
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Feb - Newspaper clipping about publication of unaudited financial results of the Company for the quarter and nine months ended on 31st December, 2023
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Products
Liquor- IMFL (Indian Made Foreign Liquor), Scotch, Whisky, Rum, Gin, Vodka & Brandy.
Malted Milk Foods- milk powder, dairy whitener, baby food, malt extract powder, malted milk food (spray dried) and clarified butter or ‘pure ghee’. [1][2]