Jindal Cotex Ltd
₹ 2.50
4.17%
28 Nov 2022
About
Incorporated in 1988, Jindal Cotex Ltd is engaged in manufacturing and sales of Textiles as well as generation and sale of energy from wind mill.
Key Points
- Market Cap ₹ 11.2 Cr.
- Current Price ₹ 2.50
- High / Low ₹ /
- Stock P/E 112
- Book Value ₹ 31.8
- Dividend Yield 0.00 %
- ROCE 1.78 %
- ROE 1.39 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.08 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -41.6% over past five years.
- Promoter holding is low: 21.1%
- Company has a low return on equity of -4.19% over last 3 years.
- Contingent liabilities of Rs.328 Cr.
- Company might be capitalizing the interest cost
- Promoters have pledged 93.9% of their holding.
- Earnings include an other income of Rs.22.2 Cr.
- Company has high debtors of 329 days.
- Working capital days have increased from 110 days to 366 days
* 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.
Loading peers table ...
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 255 | 296 | 264 | 104 | 3 | 5 | 36 | 84 | 33 | 28 | 15 | 2 | 0 | |
| 260 | 280 | 257 | 161 | 23 | 17 | 44 | 88 | 41 | 35 | 26 | 10 | 11 | |
| Operating Profit | -5 | 16 | 7 | -57 | -20 | -12 | -8 | -4 | -8 | -8 | -11 | -8 | -11 |
| OPM % | -2% | 6% | 3% | -55% | -657% | -218% | -21% | -5% | -26% | -27% | -70% | -315% | -106,800% |
| 19 | 24 | 1 | -76 | 1 | 7 | 6 | 22 | 30 | 9 | 119 | 21 | 22 | |
| Interest | 20 | 25 | 27 | 25 | 26 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 11 | 11 | 6 | 8 | 7 | 7 | 6 | 6 | 6 | 6 | 5 | 0 | 0 |
| Profit before tax | -16 | 4 | -25 | -166 | -52 | -12 | -8 | 11 | 15 | -5 | 102 | 12 | 10 |
| Tax % | -2% | 0% | -0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| -17 | 4 | -25 | -166 | -52 | -12 | -8 | 11 | 15 | -5 | 102 | 12 | 10 | |
| EPS in Rs | -3.67 | 0.98 | -5.46 | -36.80 | -11.54 | -2.71 | -1.82 | 2.46 | 3.33 | -1.22 | 22.65 | 2.72 | 2.32 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -38% |
| 5 Years: | -42% |
| 3 Years: | -58% |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | 18% |
| 3 Years: | 31% |
| TTM: | 101% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -16% |
| 5 Years: | -9% |
| 3 Years: | 10% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | -24% |
| 5 Years: | -7% |
| 3 Years: | -4% |
| Last Year: | 1% |
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 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 |
| Reserves | 237 | 242 | 217 | 52 | 0 | -29 | -37 | -26 | -11 | -17 | 85 | 98 | 98 |
| 157 | 188 | 215 | 240 | 262 | 262 | 257 | 241 | 216 | 213 | 54 | 45 | 45 | |
| 51 | 48 | 18 | 20 | 23 | 19 | 24 | 16 | 10 | 11 | 17 | 6 | 6 | |
| Total Liabilities | 490 | 523 | 495 | 357 | 330 | 297 | 289 | 276 | 260 | 252 | 202 | 194 | 194 |
| 107 | 97 | 91 | 85 | 84 | 77 | 72 | 66 | 60 | 54 | 5 | 2 | 2 | |
| CWIP | 46 | 45 | 44 | 44 | 37 | 37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 83 | 83 | 83 | 7 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| 255 | 297 | 277 | 221 | 208 | 181 | 216 | 207 | 198 | 196 | 195 | 189 | 189 | |
| Total Assets | 490 | 523 | 495 | 357 | 330 | 297 | 289 | 276 | 260 | 252 | 202 | 194 | 194 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -98 | -16 | -18 | 154 | -51 | -5 | -5 | 10 | 17 | -4 | 105 | -4 | |
| -22 | 9 | -0 | -157 | 2 | 6 | 6 | 7 | 8 | 9 | 53 | 14 | |
| -17 | 7 | 17 | 3 | 46 | -1 | -1 | -17 | -26 | -4 | -159 | -10 | |
| Net Cash Flow | -138 | -0 | -1 | 0 | -3 | 0 | -0 | -0 | 0 | 1 | -1 | -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 | 38 | 98 | 92 | 71 | 993 | 618 | 110 | 60 | 84 | 90 | 137 | 329 |
| Inventory Days | 35 | 28 | 23 | 10 | 776 | 51 | 28 | 12 | 19 | 28 | 6 | 116 |
| Days Payable | 63 | 53 | 6 | 40 | 1,665 | 763 | 196 | 70 | 135 | 185 | 314 | 3,136 |
| Cash Conversion Cycle | 10 | 73 | 110 | 42 | 104 | -93 | -58 | 1 | -32 | -67 | -171 | -2,690 |
| Working Capital Days | 246 | 252 | 317 | 65 | 550 | 937 | 465 | 55 | 119 | 100 | -136 | 366 |
| ROCE % | 1% | 6% | 0% | -16% | -8% | -4% | -3% | -1% | -2% | -2% | -3% | 2% |
Documents
Announcements
-
Certificate Under Regulation 40(9) Of SEBI(LODR)Regulations, 2015
17 Apr - With reference to captioned subject, we enclose herewith the certificate from Reecha Goel & Associates, Company Secretaries regarding compliance of share transfer for the year …
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 12 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - With reference to the captioned subject, we are enclosing herewith certificate received from the Registrar and Share Transfer Agent (RTA) of the Company for the …
- Closure of Trading Window 27 Mar
- Disclosure Under Regulation 30 & 33 Of The SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015 Re: Submission Of Un-Audited Standalone And Consolidated Financial Results For The Quarter & Nine Months Ended On 31St December, 2023 14 Feb
Annual reports
-
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 2012
from bse
-
Financial Year 2012
from nse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
-
Financial Year 2010
from bse
Product Portfolio:[1]
Company processes Cotton (for Surgical usage) and polyester fiber from Yarn to sewing threads, Yarn to fabrics, Dyeing / finishing,
and then offers the same to its garment manufacturing buyers.
Company's product range includes –
a) 100% Cotton circular knitted Bleached White – silicon treated / Bio washed (both Optional), finished ready Cuttable fabrics
b) 100% Polyester semi Dull Spun yarns manufactured from Virgin fiber (count range Ne 20s – 40s)
c) Singles / multi-folds
d) End uses knitting and weaving
e) 100% Polyester Spun Sewing threads Bright SHT–RT (super high tenacity–reverse twist) counts
f) Optical White polyester yarns / sewing threads (on Order basis)