Jayant Agro Organics Ltd
The Company is mainly engaged in manufacturing and trading of castor oil and its derivatives such as oleo chemicals.[1]
The group is the leading player in India for the castor oil and castor-oil based derivative products. Group has over 5 decades of experience in castor industry.[2]
- Market Cap ₹ 750 Cr.
- Current Price ₹ 250
- High / Low ₹ 292 / 163
- Stock P/E 15.1
- Book Value ₹ 173
- Dividend Yield 2.00 %
- ROCE 13.2 %
- ROE 10.1 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Debtor days have improved from 25.0 to 19.4 days.
- Company's working capital requirements have reduced from 57.8 days to 45.5 days
Cons
- The company has delivered a poor sales growth of 1.69% over past five years.
- Contingent liabilities of Rs.440 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.
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,832 | 1,621 | 1,538 | 1,581 | 1,375 | 1,662 | 2,549 | 2,438 | 2,508 | 1,639 | 2,589 | 2,772 | 2,131 | |
1,744 | 1,527 | 1,461 | 1,523 | 1,302 | 1,537 | 2,405 | 2,299 | 2,520 | 1,542 | 2,437 | 2,674 | 2,040 | |
Operating Profit | 88 | 94 | 77 | 58 | 73 | 124 | 145 | 139 | -12 | 97 | 152 | 97 | 91 |
OPM % | 5% | 6% | 5% | 4% | 5% | 7% | 6% | 6% | -0% | 6% | 6% | 4% | 4% |
6 | 5 | 23 | 7 | 4 | 4 | 6 | 8 | 5 | 2 | 2 | 2 | 1 | |
Interest | 38 | 36 | 35 | 42 | 28 | 32 | 54 | 45 | 40 | 14 | 16 | 13 | 8 |
Depreciation | 8 | 13 | 14 | 12 | 12 | 11 | 11 | 11 | 14 | 13 | 14 | 15 | 14 |
Profit before tax | 48 | 50 | 52 | 11 | 38 | 86 | 86 | 91 | -61 | 71 | 124 | 71 | 69 |
Tax % | 35% | 28% | 22% | 2% | 34% | 33% | 34% | 36% | 43% | 26% | 26% | 27% | |
31 | 36 | 41 | 11 | 25 | 58 | 57 | 58 | -34 | 53 | 92 | 52 | 52 | |
EPS in Rs | 10.45 | 12.08 | 13.53 | 3.51 | 8.09 | 18.31 | 17.82 | 18.60 | -10.72 | 16.00 | 29.53 | 16.45 | 16.57 |
Dividend Payout % | 10% | 9% | 11% | 14% | 23% | 24% | 11% | 11% | 0% | 6% | 10% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 2% |
3 Years: | 3% |
TTM: | -23% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | -2% |
3 Years: | 52% |
TTM: | -17% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 3% |
3 Years: | 20% |
1 Year: | 47% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 11% |
3 Years: | 15% |
Last Year: | 10% |
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 | 8 | 8 | 8 | 8 | 8 | 8 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 139 | 166 | 213 | 213 | 238 | 274 | 307 | 362 | 310 | 366 | 451 | 492 | 503 |
258 | 307 | 381 | 258 | 273 | 414 | 556 | 445 | 182 | 166 | 149 | 87 | 115 | |
135 | 100 | 156 | 103 | 136 | 115 | 157 | 198 | 113 | 131 | 170 | 167 | 158 | |
Total Liabilities | 539 | 581 | 757 | 581 | 654 | 811 | 1,036 | 1,020 | 621 | 678 | 785 | 761 | 790 |
201 | 221 | 221 | 231 | 228 | 221 | 219 | 221 | 225 | 217 | 228 | 233 | 229 | |
CWIP | 12 | 16 | 15 | 6 | 7 | 3 | 4 | 2 | 18 | 19 | 12 | 36 | 58 |
Investments | 1 | 0 | 0 | 0 | 0 | 11 | 11 | 12 | 10 | 11 | 11 | 12 | 12 |
325 | 344 | 520 | 343 | 419 | 577 | 802 | 784 | 367 | 431 | 534 | 481 | 492 | |
Total Assets | 539 | 581 | 757 | 581 | 654 | 811 | 1,036 | 1,020 | 621 | 678 | 785 | 761 | 790 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
70 | 30 | -23 | 176 | 12 | -104 | -79 | 170 | 344 | 40 | 65 | 123 | |
-32 | -32 | 5 | -9 | -7 | -6 | -5 | -6 | -28 | -6 | -17 | -41 | |
-35 | -5 | 30 | -166 | -6 | 92 | 85 | -163 | -313 | -36 | -35 | -88 | |
Net Cash Flow | 4 | -6 | 12 | 1 | -1 | -18 | 1 | 1 | 3 | -1 | 12 | -7 |
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 | 23 | 27 | 36 | 24 | 35 | 36 | 35 | 33 | 23 | 35 | 20 | 19 |
Inventory Days | 26 | 33 | 63 | 31 | 56 | 88 | 77 | 84 | 25 | 62 | 56 | 41 |
Days Payable | 19 | 9 | 18 | 13 | 19 | 11 | 12 | 20 | 7 | 18 | 16 | 14 |
Cash Conversion Cycle | 30 | 51 | 81 | 42 | 72 | 113 | 100 | 97 | 41 | 79 | 60 | 47 |
Working Capital Days | 34 | 52 | 84 | 53 | 77 | 111 | 99 | 95 | 38 | 73 | 55 | 46 |
ROCE % | 22% | 19% | 16% | 10% | 13% | 19% | 17% | 16% | -3% | 16% | 23% | 13% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Apr - Certificate pursuant to Regulation 74(5) of SEBI (Depository and Participant) Regulation, 2018
- Compliance Under Regulation 7(3) 19 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 18 Apr
- Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 29 Mar
- Closure of Trading Window 28 Mar
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Products & Applications
The Company is engaged in manufacturing and trading of castor oil and its derivatives such as oleo chemicals.[1] Some of their products include Castor Oil, 12 Hydroxy Stearic Acid, Blown Castor Oil, Dehydrated Castor Oil, Hydrogenated Castor Oil, etc.[2]
These find application in cosmetics, agriculture, lubricants, paints, inks, surface coatings, pharmaceuticals, food, engineering plastics, cosmetics, perfumeries, electricals, rubber, etc.[3]
Company manufactured 80+ products in FY23 with 5 new launches.[4]