Jet Freight Logistics Ltd

Jet Freight Logistics Ltd

₹ 14.6 -1.02%
01 Mar - close price
About

Jet Freight Logistics Limited provides logistics services such as freight forwarding services, along with custom clearance service majorly for perishable cargo through air, ocean and land transport. [1]

Key Points

Services
The company provides services such as Air Freight (Air Cargo Door-to-Door services), Ocean Freight, Domestic Logistics, Land Freight (Surface Parcel Delivery (SPD) Services), Warehousing (Third Party Warehousing), Chartering and Consolidation, Customs Clearance etc. [1]

  • Market Cap 67.5 Cr.
  • Current Price 14.6
  • High / Low 16.6 / 9.20
  • Stock P/E
  • Book Value 12.0
  • Dividend Yield 0.00 %
  • ROCE 6.01 %
  • ROE 0.14 %
  • Face Value 5.00

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 10.5% over past five years.
  • Company has a low return on equity of 6.33% over last 3 years.
  • Contingent liabilities of Rs.53.0 Cr.
  • Promoters have pledged 26.0% of their holding.
  • Promoter holding has decreased over last 3 years: -18.1%

* 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: Logistics Industry: Transport - Airlines

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
87.98 105.38 113.44 107.31 129.66 106.64 133.44 103.94 86.98 92.63 113.55 88.24 90.52
86.57 100.17 110.06 105.34 127.27 103.63 130.16 103.14 87.43 88.26 114.73 87.84 87.49
Operating Profit 1.41 5.21 3.38 1.97 2.39 3.01 3.28 0.80 -0.45 4.37 -1.18 0.40 3.03
OPM % 1.60% 4.94% 2.98% 1.84% 1.84% 2.82% 2.46% 0.77% -0.52% 4.72% -1.04% 0.45% 3.35%
0.12 0.20 0.08 0.11 0.12 0.22 0.11 0.23 0.17 0.20 0.17 -1.80 2.79
Interest 0.96 0.93 0.87 1.06 1.11 1.00 1.21 1.22 1.25 1.37 1.38 1.31 1.37
Depreciation 0.53 0.55 0.63 0.68 0.72 0.72 0.69 0.74 0.70 0.68 0.66 0.68 0.58
Profit before tax 0.04 3.93 1.96 0.34 0.68 1.51 1.49 -0.93 -2.23 2.52 -3.05 -3.39 3.87
Tax % 200.00% 29.77% 31.12% 47.06% 35.29% 44.37% 31.54% 96.77% 12.56% 59.52% 0.66% 0.00% -10.34%
-0.04 2.76 1.36 0.18 0.44 0.84 1.02 -0.03 -1.95 1.02 -3.03 -3.40 4.27
EPS in Rs -0.01 0.59 0.29 0.04 0.09 0.18 0.22 -0.01 -0.42 0.22 -0.65 -0.73 0.92
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
29 123 119 143 207 194 252 338 300 347 457 417 385
28 121 116 142 202 185 241 327 303 337 446 409 378
Operating Profit 1 2 3 1 4 9 11 10 -4 9 11 8 7
OPM % 3% 2% 2% 1% 2% 5% 4% 3% -1% 3% 2% 2% 2%
0 0 0 3 0 0 0 0 1 1 0 1 1
Interest 0 2 2 2 2 3 3 4 5 4 4 5 5
Depreciation 0 0 0 1 1 1 1 1 1 2 3 3 3
Profit before tax 0 0 1 1 2 6 8 6 -9 4 4 1 -0
Tax % 27% 66% 41% 33% 38% 36% 32% 29% 1% 35% 37% 92%
0 0 1 1 1 4 5 4 -9 3 3 0 -1
EPS in Rs 0.01 0.01 0.02 0.02 0.03 0.89 1.20 0.93 -1.85 0.54 0.61 0.01 -0.24
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 3% 0% 0% 4% 0%
Compounded Sales Growth
10 Years: 13%
5 Years: 11%
3 Years: 12%
TTM: -11%
Compounded Profit Growth
10 Years: -13%
5 Years: -59%
3 Years: 26%
TTM: -1200%
Stock Price CAGR
10 Years: %
5 Years: 5%
3 Years: 16%
1 Year: 17%
Return on Equity
10 Years: 7%
5 Years: 1%
3 Years: 6%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 3 4 4 4 4 5 6 12 12 12 12 23 23
Reserves 0 1 1 2 3 8 16 14 6 10 13 39 33
10 11 14 14 15 17 30 43 37 31 49 61 58
8 10 12 15 23 27 24 24 33 46 36 31 41
Total Liabilities 21 25 31 35 45 58 75 94 88 98 110 154 155
3 7 7 6 6 12 12 15 14 29 31 31 28
CWIP 0 0 0 0 0 0 0 0 1 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
17 18 24 29 39 46 63 78 72 69 79 123 126
Total Assets 21 25 31 35 45 58 75 94 88 98 110 154 155

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-8 2 1 -0 3 2 -13 -1 13 10 -11 -39
-4 -4 -0 -0 -1 -6 -1 -8 -1 -1 -4 -4
12 1 -1 -1 1 4 12 10 -11 -10 14 43
Net Cash Flow 0 -2 0 -1 3 0 -1 1 1 -1 -0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 146 39 58 57 51 67 83 70 63 42 33 39
Inventory Days 0 0 0 0 0 0 0 0 0
Days Payable
Cash Conversion Cycle 146 39 58 57 51 67 83 70 63 42 33 39
Working Capital Days 67 12 23 16 12 20 50 45 24 -2 8 20
ROCE % 11% 15% 15% 15% 18% 33% 26% 16% -7% 14% 14% 6%

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2020Mar 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
69.31% 69.28% 69.66% 69.91% 70.15% 70.15% 51.18% 51.18% 51.18% 51.18% 51.18% 51.18%
30.69% 30.72% 30.35% 30.09% 29.85% 29.85% 48.82% 48.82% 48.81% 48.81% 48.81% 48.81%
No. of Shareholders 1721682026802,4533,7646,68014,84317,29117,41817,34718,760

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