Jiwanram Sheoduttrai Industries Ltd
Incorporated in 1997, Jiwanram Sheoduttrai Industries Limited manufactures Leather Gloves, Coats & other safety Items[1]
- Market Cap ₹ 29.2 Cr.
- Current Price ₹ 11.8
- High / Low ₹ 23.0 / 6.00
- Stock P/E 10.8
- Book Value ₹ 26.3
- Dividend Yield 0.00 %
- ROCE 4.40 %
- ROE 4.20 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.44 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.08%
- Tax rate seems low
- Company has a low return on equity of 5.12% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 325 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
Industrials Capital Goods Industrial Products Other Industrial Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
33.64 | 24.01 | 22.94 | 30.52 | 34.08 | 42.32 | 43.05 | 53.90 | |
35.38 | 23.56 | 20.86 | 27.67 | 31.01 | 37.81 | 39.00 | 50.37 | |
Operating Profit | -1.74 | 0.45 | 2.08 | 2.85 | 3.07 | 4.51 | 4.05 | 3.53 |
OPM % | -5.17% | 1.87% | 9.07% | 9.34% | 9.01% | 10.66% | 9.41% | 6.55% |
6.55 | 3.68 | 0.82 | -0.18 | 1.43 | 3.65 | 0.91 | 1.27 | |
Interest | 3.71 | 3.12 | 1.87 | 1.88 | 1.79 | 1.90 | 2.04 | 1.98 |
Depreciation | 1.08 | 0.86 | 0.80 | 0.64 | 0.58 | 0.65 | 0.67 | 0.53 |
Profit before tax | 0.02 | 0.15 | 0.23 | 0.15 | 2.13 | 5.61 | 2.25 | 2.29 |
Tax % | 2,550.00% | 93.33% | 78.26% | 80.00% | 29.58% | 28.34% | 22.22% | 0.44% |
-0.49 | 0.01 | 0.05 | 0.03 | 1.50 | 4.03 | 1.75 | 2.29 | |
EPS in Rs | -0.99 | 0.02 | 0.10 | 0.06 | 3.03 | 2.33 | 0.71 | 0.93 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 17% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 61% |
3 Years: | 70% |
TTM: | 54% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -21% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 17.33 | 24.75 | 24.75 |
Reserves | 38.89 | 38.61 | 38.38 | 38.12 | 39.33 | 30.70 | 38.24 | 40.24 |
49.65 | 43.70 | 46.09 | 48.87 | 52.31 | 52.61 | 47.19 | 44.59 | |
50.44 | 46.50 | 45.63 | 28.66 | 17.18 | 20.49 | 16.18 | 26.63 | |
Total Liabilities | 143.93 | 133.76 | 135.05 | 120.60 | 113.77 | 121.13 | 126.36 | 136.21 |
34.55 | 33.41 | 29.85 | 27.92 | 27.32 | 26.47 | 25.69 | 22.02 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.60 | 0.60 | 0.60 |
Investments | 0.71 | 0.71 | 0.71 | 0.71 | 0.71 | 0.03 | 0.03 | 0.03 |
108.67 | 99.64 | 104.49 | 91.97 | 85.74 | 94.03 | 100.04 | 113.56 | |
Total Assets | 143.93 | 133.76 | 135.05 | 120.60 | 113.77 | 121.13 | 126.36 | 136.21 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
12.49 | 7.33 | -2.62 | -2.62 | -5.57 | 1.43 | -4.35 | 3.07 | |
0.94 | 5.51 | 1.21 | 1.21 | -0.16 | 0.10 | -0.10 | 3.01 | |
-13.78 | -12.88 | 2.83 | 2.83 | 5.09 | -1.38 | 4.47 | -6.54 | |
Net Cash Flow | -0.36 | -0.04 | 1.42 | 1.42 | -0.64 | 0.15 | 0.02 | -0.46 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 579.73 | 803.27 | 820.85 | 506.24 | 369.82 | 374.14 | 318.88 | 325.18 |
Inventory Days | 430.63 | 576.33 | 918.58 | 525.14 | 511.18 | 375.44 | 441.04 | 369.75 |
Days Payable | 511.64 | 681.04 | 1,048.46 | 460.04 | 113.81 | 103.72 | 64.21 | 114.52 |
Cash Conversion Cycle | 498.72 | 698.56 | 690.97 | 571.33 | 767.19 | 645.86 | 695.71 | 580.41 |
Working Capital Days | 600.12 | 769.53 | 823.24 | 696.27 | 726.89 | 641.77 | 706.01 | 574.65 |
ROCE % | 1.69% | 3.50% | 4.97% | 2.73% | 7.64% | 4.07% | 4.40% |
Documents
Announcements
-
Updates
30 May 2025 - Authorization of KMP for disclosure of material events as per SEBI regulations.
-
Updates
30 May 2025 - Jiwanram exempt from Annual Secretarial Compliance report for FY 2025 as per SEBI SME listing rules.
-
Related Party Transactions
30 May 2025 - Approved FY25 audited results with unmodified opinion; adopted related party transaction policy; no loan defaults.
-
Statement of deviation(s) or variation(s) under Reg. 32
30 May 2025 - Board approved FY2025 audited results with unmodified opinion; no loan defaults; full IPO proceeds utilized; related party policy adopted.
-
Outcome of Board Meeting
30 May 2025 - Approved audited standalone FY25 results with unmodified opinion; adopted related party transaction policy.
Business Overview:[1][2][3]
JSIL, based out of Kolkata, is an ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 accredited manufacturer of leather work gloves, work and safety wear (textile garments) and other leather accessories such as wallets, purses and bags for men and women. Company is registered as an Original Equipment Manufacturer (OEM) at the Gov-e-Market place.