Jiwanram Sheoduttrai Industries Ltd
Incorporated in 1997, Jiwanram Sheoduttrai Industries Limited manufactures Leather Gloves, Coats & other safety Items[1]
- Market Cap ₹ 12.9 Cr.
- Current Price ₹ 5.20
- High / Low ₹ 11.8 / 4.35
- Stock P/E 12.7
- Book Value ₹ 26.6
- Dividend Yield 0.00 %
- ROCE 2.77 %
- ROE 1.55 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.20 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 2.95% over last 3 years.
- Contingent liabilities of Rs.7.84 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.3.96 Cr.
- Company has high debtors of 409 days.
- Promoter holding has decreased over last 3 years: -36.0%
* 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
Part of Nifty SME Emerge
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 33.64 | 24.01 | 22.94 | 30.52 | 34.08 | 42.32 | 43.05 | 53.90 | 53.87 | |
| 35.38 | 23.56 | 20.86 | 27.67 | 31.01 | 37.81 | 39.00 | 50.36 | 54.34 | |
| Operating Profit | -1.74 | 0.45 | 2.08 | 2.85 | 3.07 | 4.51 | 4.05 | 3.54 | -0.47 |
| OPM % | -5.17% | 1.87% | 9.07% | 9.34% | 9.01% | 10.66% | 9.41% | 6.57% | -0.87% |
| 6.55 | 3.68 | 0.82 | -0.18 | 1.43 | 3.65 | 0.91 | 1.27 | 3.96 | |
| Interest | 3.71 | 3.12 | 1.87 | 1.88 | 1.79 | 1.90 | 2.04 | 1.99 | 1.75 |
| Depreciation | 1.08 | 0.86 | 0.80 | 0.64 | 0.58 | 0.65 | 0.67 | 0.53 | 0.44 |
| Profit before tax | 0.02 | 0.15 | 0.23 | 0.15 | 2.13 | 5.61 | 2.25 | 2.29 | 1.30 |
| Tax % | 2,550.00% | 93.33% | 78.26% | 80.00% | 29.58% | 28.34% | 22.22% | 0.44% | 22.31% |
| -0.49 | 0.01 | 0.05 | 0.03 | 1.50 | 4.03 | 1.75 | 2.29 | 1.01 | |
| EPS in Rs | -0.99 | 0.02 | 0.10 | 0.06 | 3.03 | 2.33 | 0.71 | 0.93 | 0.41 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 8% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | -37% |
| TTM: | -62% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -48% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 3% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.95 | 4.95 | 4.95 | 4.95 | 4.95 | 17.33 | 24.75 | 24.75 | 24.75 |
| Reserves | 38.89 | 38.61 | 38.38 | 38.12 | 39.33 | 30.70 | 38.24 | 40.24 | 40.97 |
| 49.65 | 43.70 | 46.09 | 48.87 | 52.31 | 52.61 | 47.19 | 44.63 | 44.53 | |
| 50.44 | 46.50 | 45.63 | 28.66 | 17.18 | 20.49 | 16.18 | 26.58 | 44.17 | |
| Total Liabilities | 143.93 | 133.76 | 135.05 | 120.60 | 113.77 | 121.13 | 126.36 | 136.20 | 154.42 |
| 34.55 | 33.41 | 29.85 | 27.92 | 27.32 | 26.47 | 25.69 | 22.03 | 21.38 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.60 | 0.60 | 0.60 | 0.60 |
| Investments | 0.71 | 0.71 | 0.71 | 0.71 | 0.71 | 0.03 | 0.03 | 0.03 | 0.03 |
| 108.67 | 99.64 | 104.49 | 91.97 | 85.74 | 94.03 | 100.04 | 113.54 | 132.41 | |
| Total Assets | 143.93 | 133.76 | 135.05 | 120.60 | 113.77 | 121.13 | 126.36 | 136.20 | 154.42 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | |
| Free Cash Flow | 12.86 | 7.33 | 0.21 | 0.21 | -5.79 | 0.79 | -4.52 | 5.36 | |
| CFO/OP | -718% | 1,649% | -123% | -90% | -180% | 37% | -91% | 91% |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 579.73 | 803.27 | 820.85 | 506.24 | 369.82 | 374.14 | 318.88 | 325.18 | 409.04 |
| Inventory Days | 430.63 | 576.33 | 918.58 | 525.14 | 511.18 | 375.44 | 441.04 | 369.75 | 337.36 |
| Days Payable | 511.64 | 681.04 | 1,048.46 | 460.04 | 113.81 | 103.72 | 64.21 | 114.52 | 223.54 |
| Cash Conversion Cycle | 498.72 | 698.56 | 690.97 | 571.33 | 767.19 | 645.86 | 695.71 | 580.41 | 522.86 |
| Working Capital Days | 359.57 | 579.65 | 590.46 | 503.13 | 544.39 | 491.96 | 581.03 | 486.22 | 480.32 |
| ROCE % | 1.69% | 3.50% | 4.97% | 2.73% | 7.64% | 4.07% | 4.40% | 2.77% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtors Turnover Ratio Ratio |
|
|||
| Installed Capacity - Garments (Textile Safety Wear) Lakh pieces per annum |
||||
| Installed Capacity - Leather Gloves Lakh pairs per annum |
||||
| Gross Current Asset (GCA) Days Days |
||||
| Number of Manufacturing Facilities Number |
||||
| Total Permanent Employees Number |
||||
| Significant New Orders Announced INR Crores |
||||
Extracted by Screener AI
Documents
Announcements
-
Resignation of Director/KMP/SMP
30 May 2026 - Jiwanram Sheoduttrai Industries Limited has informed about Resignation of Director/KMP/SMP
-
Outcome of Board Meeting
30 May 2026 - Board approved audited FY2026 results; Mr. Apurva Kumar Sinha resigned as independent director from 30 May 2026.
-
Statement of deviation(s) or variation(s) under Reg. 32
30 May 2026 - Board approved FY26 audited results, noted Apurva Kumar Sinha’s resignation, and reported no debt default or IPO balance.
-
Outcome of Board Meeting
30 May 2026 - Board approved FY26 audited standalone results; Mr. Apurva Kumar Sinha resigned as independent director effective 30 May 2026.
-
Updates
30 May 2026 - Announces non-applicability of certain SEBI LODR provisions for FY2026 on NSE Emerge SME platform.
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.