Jet Freight Logistics Ltd
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]
- Market Cap ₹ 57.7 Cr.
- Current Price ₹ 12.4
- 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
- Stock is trading at 1.04 times its book value
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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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: | 0% |
3 Years: | 15% |
1 Year: | 8% |
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% |
Documents
Announcements
- Closure of Trading Window 2d
-
Announcement under Regulation 30 (LODR)-Acquisition
15 Mar - With reference to the captioned subject matter and pursuant to Reg. 30 of SEBI (LODR) Regulations, 2015, we wish to inform your kind office that, …
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Announcement under Regulation 30 (LODR)-Resignation of Director
12 Mar - With reference to the captioned subject matter and pursuant to Reg. 30 of SEBI (Listing Obligation & Disclosure Requirements) (LODR) Regulations, 2015, we wish to …
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
29 Feb - Ms. Shraddha Prakash Mehta, Company Secretary & Compliance Officer, and Key Managerial Personnel has submitted her resignation.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Newspaper advertisement for the unaudited financial results of Jet Freight Limited for the quarter and nine months ended December 31, 2023, published in The Free …
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]