Jindal Cotex Ltd
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.
- Market Cap ₹ 16.9 Cr.
- Current Price ₹ 3.75
- High / Low ₹ 4.98 / 1.90
- Stock P/E
- Book Value ₹ 15.6
- Dividend Yield 0.00 %
- ROCE -1.38 %
- ROE -6.40 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.24 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -22.32% over past five years.
- Promoter holding is low: 21.05%
- Company has a low return on equity of -7.72% for last 3 years.
- Contingent liabilities of Rs.327.61 Cr.
- Company might be capitalizing the interest cost
- Promoters have pledged 93.91% of their holding.
- Company has high debtors of 2152.87 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.
Peer comparison
Sector: Textiles Industry: Textiles - Spinning - Synthetic / Blended
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
146.28 | 268.79 | 447.61 | 656.62 | 347.86 | 187.34 | 100.82 | 175.09 | 231.57 | 83.90 | 32.78 | 28.51 | 21.54 | |
134.67 | 237.97 | 450.99 | 609.63 | 340.26 | 244.32 | 113.37 | 176.45 | 239.87 | 80.16 | 33.23 | 28.18 | 22.45 | |
Operating Profit | 11.61 | 30.82 | -3.38 | 46.99 | 7.60 | -56.98 | -12.55 | -1.36 | -8.30 | 3.74 | -0.45 | 0.33 | -0.91 |
OPM % | 7.94% | 11.47% | -0.76% | 7.16% | 2.18% | -30.42% | -12.45% | -0.78% | -3.58% | 4.46% | -1.37% | 1.16% | -4.22% |
2.50 | 3.25 | 22.25 | 11.05 | 2.50 | 0.95 | 1.74 | 1.89 | 1.73 | 16.24 | 23.69 | 1.51 | 16.01 | |
Interest | 3.10 | 10.83 | 23.26 | 40.86 | 47.85 | 58.68 | 61.94 | 0.70 | 1.77 | 0.83 | 0.91 | 0.83 | 1.08 |
Depreciation | 3.08 | 9.29 | 12.54 | 17.12 | 12.13 | 19.47 | 20.09 | 19.52 | 19.94 | 6.21 | 6.12 | 6.03 | 5.91 |
Profit before tax | 7.93 | 13.95 | -16.93 | 0.06 | -49.88 | -134.18 | -92.84 | -19.69 | -28.28 | 12.94 | 16.21 | -5.02 | 8.11 |
Tax % | 7.06% | 21.29% | -1.48% | 0.00% | -0.10% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
Net Profit | 7.37 | 10.98 | -17.18 | 0.06 | -49.92 | -134.17 | -92.82 | -17.60 | -22.20 | 12.94 | 16.20 | -5.02 | 8.11 |
EPS in Rs | 2.95 | 2.44 | -3.82 | 0.01 | -11.09 | -29.81 | -20.63 | -3.91 | -4.93 | 2.88 | 3.60 | -1.12 | 1.80 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -20% |
5 Years: | -22% |
3 Years: | -50% |
TTM: | -29% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 21% |
TTM: | -13% |
Stock Price CAGR | |
---|---|
10 Years: | -24% |
5 Years: | -21% |
3 Years: | 5% |
1 Year: | 92% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -8% |
Last Year: | -6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Sep 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
25.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | |
Reserves | 94.67 | 254.31 | 237.55 | 250.47 | 236.08 | 59.85 | -32.97 | -48.96 | -71.80 | 17.04 | 33.01 | 27.99 | 25.10 |
Borrowings | 90.56 | 288.27 | 358.47 | 414.93 | 462.62 | 541.65 | 599.15 | 611.39 | 605.84 | 240.91 | 215.98 | 212.52 | 209.30 |
20.61 | 50.21 | 87.42 | 254.43 | 84.20 | 49.48 | 54.18 | 51.57 | 65.50 | 16.09 | 10.24 | 10.80 | 10.17 | |
Total Liabilities | 230.84 | 637.79 | 728.44 | 964.83 | 827.90 | 695.98 | 665.36 | 659.00 | 644.54 | 319.04 | 304.23 | 296.31 | 289.57 |
81.10 | 118.85 | 254.24 | 231.28 | 233.24 | 266.80 | 253.52 | 234.81 | 217.49 | 66.19 | 59.63 | 53.61 | 50.63 | |
CWIP | 71.52 | 219.27 | 159.27 | 181.81 | 199.96 | 89.18 | 82.27 | 81.93 | 46.67 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 | 0.20 | 0.20 | 0.20 | 0.20 | 1.11 | 1.11 | 1.11 | 1.11 |
78.22 | 299.65 | 314.91 | 551.72 | 394.68 | 339.80 | 329.37 | 342.06 | 380.18 | 251.74 | 243.49 | 241.59 | 237.83 | |
Total Assets | 230.84 | 637.79 | 728.44 | 964.83 | 827.90 | 695.98 | 665.36 | 659.00 | 644.54 | 319.04 | 304.23 | 296.31 | 289.57 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.21 | -21.15 | -109.96 | -4.08 | 44.64 | -78.66 | -50.44 | 2.00 | 6.30 | 93.04 | 24.22 | 3.46 | |
-98.53 | -194.73 | -88.66 | -16.79 | -32.29 | -5.54 | 1.03 | 0.89 | -3.21 | 274.21 | 1.68 | 1.68 | |
110.70 | 358.47 | 42.35 | 28.52 | 0.59 | 72.67 | 46.43 | -5.49 | -2.92 | -373.98 | -25.84 | -4.29 | |
Net Cash Flow | 11.96 | 142.59 | -156.27 | 7.65 | 12.94 | -11.53 | -2.98 | -2.59 | 0.16 | -6.73 | 0.07 | 0.85 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 27.20 | 46.52 | 151.61 | 249.27 | 330.32 | 537.04 | 956.27 | 569.13 | 439.30 | 761.41 | 1,880.01 | 2,152.87 |
Inventory Days | 59.81 | 92.29 | 28.81 | 27.84 | 28.00 | 32.24 | 77.37 | 45.71 | 28.14 | 12.15 | 19.01 | 28.47 |
Days Payable | 47.57 | 60.05 | 47.98 | 146.19 | 44.32 | 62.40 | 146.69 | 110.79 | 127.24 | 70.32 | 135.14 | 185.35 |
Cash Conversion Cycle | 39.44 | 78.76 | 132.44 | 130.91 | 314.01 | 506.87 | 886.95 | 504.04 | 340.21 | 703.24 | 1,763.88 | 1,995.99 |
Working Capital Days | 93.57 | 127.86 | 195.38 | 162.08 | 300.30 | 530.61 | 939.98 | 541.44 | 438.36 | 789.91 | 1,998.70 | 2,259.01 |
ROCE % | 7.46% | 6.19% | 1.01% | 6.06% | -0.28% | -10.85% | -4.93% | -3.12% | -4.30% | -0.22% | -1.68% | -1.38% |
Documents
Announcements
- Board Meeting Intimation for Audited Results For The Year Ended 31.03.2022 18 May
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Announcement under Regulation 30 (LODR)-Meeting Updates
16 Feb - Publication of results as on 31.12.2021
- Outcome Of The Board Meeting 14 Feb
- Board Meeting Outcome for Quarterly Results For The Quarter Ended 31-12-2021 14 Feb
- Board Meeting Intimation for Board Meeting Intimation For Intimation Of Board Meeting 12 Feb
Annual reports
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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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)