JCT Ltd

₹ 3.61 2.27%
May 17 - close price
About

JCT is engaged in the Business of manufacturer of cloth and nylon filament yarn, with its manufacturing facilities at Phagwara and Hoshiarpur in Punjab.

  • Market Cap 313 Cr.
  • Current Price 3.61
  • High / Low 8.28 / 1.18
  • Stock P/E
  • Book Value 3.78
  • Dividend Yield 0.00 %
  • ROCE 11.0 %
  • ROE 2.98 %
  • Face Value 2.50

Pros

  • Stock is trading at 0.96 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -5.12% over past five years.
  • Promoter holding is low: 27.25%
  • Company has a low return on equity of -8.14% for last 3 years.
  • Promoters have pledged 99.85% of their holding.
  • Earnings include an other income of Rs.14.57 Cr.
  • Company's cost of borrowing seems high

* 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: Textiles Industry: Textiles - Composite

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
218.36 188.43 176.57 176.05 151.99 133.04 131.33 186.78 206.15 151.85 196.65 218.87
206.51 185.51 185.87 176.87 147.45 117.08 123.82 167.08 182.10 143.74 189.84 217.11
Operating Profit 11.85 2.92 -9.30 -0.82 4.54 15.96 7.51 19.70 24.05 8.11 6.81 1.76
OPM % 5.43% 1.55% -5.27% -0.47% 2.99% 12.00% 5.72% 10.55% 11.67% 5.34% 3.46% 0.80%
2.13 6.82 5.48 2.60 0.94 1.71 0.56 4.50 1.29 0.94 3.48 8.86
Interest 12.96 11.93 11.17 11.46 8.15 9.77 10.80 10.54 14.90 12.59 12.98 12.80
Depreciation 3.69 3.96 3.73 3.79 3.55 3.49 3.18 3.17 4.73 3.50 3.43 3.14
Profit before tax -2.67 -6.15 -18.72 -13.47 -6.22 4.41 -5.91 10.49 5.71 -7.04 -6.12 -5.32
Tax % 0.37% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -2.66 -6.15 -18.72 -13.47 -6.22 4.41 -5.91 10.49 5.71 -7.04 -6.12 -5.32
EPS in Rs -0.03 -0.07 -0.22 -0.16 -0.07 0.05 -0.07 0.13 0.07 -0.08 -0.07 -0.06

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
557 719 773 1,235 461 961 855 804 758 800 693 657 774
547 694 760 1,194 429 897 799 769 738 768 696 590 733
Operating Profit 10 25 14 40 32 63 56 34 20 32 -3 67 41
OPM % 2% 3% 2% 3% 7% 7% 7% 4% 3% 4% -0% 10% 5%
15 123 7 -1 4 7 19 17 10 7 16 8 15
Interest 47 47 41 53 17 34 39 37 36 40 43 46 53
Depreciation 39 41 47 74 17 28 30 31 30 23 15 15 15
Profit before tax -61 60 -68 -87 3 9 5 -17 -36 -23 -45 15 -13
Tax % -0% 7% -0% -1% -33% 0% 0% -0% -0% 0% 0% 0%
Net Profit -61 56 -68 -88 3 9 5 -17 -36 -23 -45 15 -13
EPS in Rs -1.70 1.56 -1.90 -1.99 0.06 0.16 0.09 -0.29 -0.60 -0.28 -0.53 0.18 -0.14
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: -5%
3 Years: -5%
TTM: 28%
Compounded Profit Growth
10 Years: 8%
5 Years: 77%
3 Years: 31%
TTM: -561%
Stock Price CAGR
10 Years: 10%
5 Years: -5%
3 Years: 37%
1 Year: 180%
Return on Equity
10 Years: %
5 Years: -13%
3 Years: -8%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
119 114 114 134 163 163 156 150 150 210 210 210 217
Reserves -16 34 -38 -132 -61 -53 -42 -56 -90 137 108 123 111
Borrowings 487 421 420 455 345 347 299 258 240 196 174 192 164
227 266 262 265 280 271 266 273 301 320 355 320 360
Total Liabilities 787 810 734 699 703 704 670 625 601 863 847 845 853
512 476 457 414 398 387 368 348 322 584 593 582 577
CWIP 5 4 2 2 4 2 1 3 3 3 2 1 0
Investments 54 43 42 38 37 37 5 2 2 2 2 2 2
217 287 233 244 264 278 296 272 274 274 251 261 274
Total Assets 787 810 734 699 703 704 670 625 601 863 847 845 853

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
69 112 54 55 -77 53 59 75 46 58 69 32
-5 -2 -25 -23 1 -13 30 -1 4 -3 9 1
-62 -98 -44 -25 68 -33 -89 -77 -53 -56 -65 -45
Net Cash Flow 1 12 -15 6 -7 7 -1 -3 -2 -1 13 -12

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 22 30 23 17 53 31 34 30 26 21 13 29
Inventory Days 171 156 94 60 188 99 130 155 161 139 177 196
Days Payable 183 93 52 30 114 45 59 101 128 109 141 168
Cash Conversion Cycle 9 92 64 46 127 84 106 84 59 50 49 56
Working Capital Days 5 28 13 14 45 31 51 38 26 15 -23 7
ROCE % -2% -2% -5% -4% 10% 9% 3% -2% 4% -3% 11%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
28.22 28.22 28.22 28.22 28.22 28.22 28.22 28.22 27.25 27.25 27.25 27.25
20.63 6.48 6.47 6.47 6.47 6.47 6.47 6.47 6.24 6.28 6.35 6.31
17.94 40.97 41.00 40.98 40.50 38.65 36.27 28.69 22.28 13.39 11.56 11.56
33.21 24.33 24.31 24.33 24.81 26.66 29.04 36.62 44.24 53.08 54.85 54.89

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