Jainam Ferro Alloys (I) Ltd
Incorporated in 2014, Jainam Ferro Alloys Ltd is in the business of manufacturing Ferro
Alloy Metals[1]
- Market Cap ₹ 133 Cr.
- Current Price ₹ 126
- High / Low ₹ 188 / 101
- Stock P/E 15.9
- Book Value ₹ 95.6
- Dividend Yield 0.00 %
- ROCE 43.2 %
- ROE 31.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.4.54 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: Ferro Alloys Industry: Mining / Minerals / Metals
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
132 | 121 | 102 | 200 | 255 | 189 | |
126 | 118 | 96 | 162 | 225 | 181 | |
Operating Profit | 5 | 3 | 5 | 38 | 30 | 9 |
OPM % | 4% | 3% | 5% | 19% | 12% | 5% |
1 | 1 | 1 | 2 | 3 | 5 | |
Interest | 1 | 2 | 1 | 1 | 1 | 2 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 4 | 1 | 4 | 38 | 31 | 11 |
Tax % | 29% | 23% | 27% | 25% | 26% | |
3 | 1 | 3 | 28 | 23 | 8 | |
EPS in Rs | 3.12 | 0.93 | 3.40 | 26.54 | 22.01 | 7.93 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 28% |
TTM: | -31% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 200% |
TTM: | -75% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
Last Year: | 31% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 11 | 11 | 11 |
Reserves | 10 | 10 | 15 | 52 | 77 | 90 |
5 | 6 | 3 | 1 | 0 | 0 | |
16 | 14 | 26 | 41 | 25 | 26 | |
Total Liabilities | 40 | 39 | 52 | 105 | 112 | 127 |
2 | 2 | 3 | 3 | 5 | 5 | |
CWIP | 0 | 1 | 0 | 1 | 1 | 0 |
Investments | 3 | 3 | 6 | 8 | 10 | 23 |
35 | 33 | 44 | 93 | 96 | 99 | |
Total Assets | 40 | 39 | 52 | 105 | 112 | 127 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
6 | 2 | 5 | -2 | -1 | |
1 | -1 | -1 | -1 | 0 | |
-7 | -2 | -4 | 6 | -2 | |
Net Cash Flow | 0 | -0 | 0 | 3 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 13 | 21 | 23 | 16 | 22 |
Inventory Days | 67 | 57 | 138 | 100 | 35 |
Days Payable | 61 | 59 | 132 | 95 | 51 |
Cash Conversion Cycle | 19 | 19 | 29 | 21 | 7 |
Working Capital Days | 31 | 36 | 39 | 23 | 27 |
ROCE % | 14% | 22% | 85% | 43% |
Business Overview:[1][2]
JFAL is a manufacturer and exporter of niche value-added manganese alloys. It provides customised manganese alloys to steel companies in India and abroad. Company also does trading of manganese ore, used as a raw material in manufacturing Ferro alloys