JMC Projects (India) Ltd

About [ edit ]

JMC Projects (India) is primarily engaged in Engineering, Procurrement and Construction (EPC) business.

  • Market Cap 1,629 Cr.
  • Current Price 97.0
  • High / Low 109 / 31.9
  • Stock P/E 22.9
  • Book Value 60.6
  • Dividend Yield 0.72 %
  • ROCE 12.2 %
  • ROE 7.15 %
  • Face Value 2.00

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 8.97% over past five years.
  • Company has a low return on equity of 10.52% for last 3 years.
  • Contingent liabilities of Rs.661.21 Cr.
  • Dividend payout has been low at 13.23% of profits over last 3 years

Peer comparison

Sector: Construction Industry: Construction

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
689 734 893 937 904 942 929 939 470 804 1,066 1,349
618 656 802 840 803 840 826 912 443 731 970 1,213
Operating Profit 71 77 91 97 100 101 103 27 28 73 96 135
OPM % 10% 11% 10% 10% 11% 11% 11% 3% 6% 9% 9% 10%
Other Income 6 6 7 6 5 9 5 8 5 6 6 11
Interest 24 24 25 22 30 30 31 34 29 30 27 28
Depreciation 18 20 22 18 26 28 29 33 34 35 36 38
Profit before tax 35 39 51 64 48 52 48 -32 -30 14 39 80
Tax % 23% 24% 27% 24% 27% 25% 20% -8% 28% 47% 34% 25%
Net Profit 27 30 37 49 36 39 39 -34 -22 7 26 60
EPS in Rs 1.58 1.79 2.19 2.90 2.12 2.33 2.30 -2.05 -1.30 0.43 1.53 3.58

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
1,309 1,380 2,070 2,536 2,654 2,400 2,401 2,328 2,756 3,253 3,713 3,689
1,204 1,259 1,916 2,411 2,511 2,228 2,178 2,108 2,459 2,898 3,359 3,357
Operating Profit 105 121 154 125 143 172 223 221 296 355 354 332
OPM % 8% 9% 7% 5% 5% 7% 9% 9% 11% 11% 10% 9%
Other Income 12 4 11 7 9 13 8 14 18 23 26 27
Interest 28 34 54 62 63 92 114 94 97 111 146 114
Depreciation 35 40 47 55 59 49 52 57 72 78 117 142
Profit before tax 53 52 64 16 30 44 65 84 145 189 117 102
Tax % 25% 23% 19% -15% 24% 32% 33% 30% 27% 25% 32% 30%
Net Profit 40 40 52 18 23 30 43 58 106 142 79 71
EPS in Rs 2.38 3.09 1.09 1.37 1.78 2.58 3.47 6.32 8.46 4.70 4.23
Dividend Payout % 11% 13% 10% 14% 11% 9% 8% 9% 9% 8% 15% 17%
Compounded Sales Growth
10 Years:10%
5 Years:9%
3 Years:10%
TTM:-1%
Compounded Profit Growth
10 Years:6%
5 Years:11%
3 Years:-12%
TTM:-11%
Stock Price CAGR
10 Years:14%
5 Years:11%
3 Years:-10%
1 Year:156%
Return on Equity
10 Years:10%
5 Years:11%
3 Years:11%
Last Year:7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
22 26 26 26 26 26 34 34 34 34 34 34
Reserves 229 351 396 411 429 450 604 656 755 890 936 985
Borrowings 170 187 288 384 429 669 736 637 737 757 878 660
464 700 631 742 974 1,111 1,333 1,507 1,890 2,263 2,390 2,890
Total Liabilities 884 1,263 1,342 1,563 1,859 2,256 2,707 2,834 3,416 3,943 4,238 4,569
210 226 272 256 275 318 349 366 422 499 600 606
CWIP 8 5 2 4 9 0 0 6 0 3 11 15
Investments 7 87 118 171 188 189 180 179 416 416 416 416
660 945 950 1,133 1,387 1,749 2,179 2,283 2,577 3,025 3,210 3,531
Total Assets 884 1,263 1,342 1,563 1,859 2,256 2,707 2,834 3,416 3,943 4,238 4,569

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
75 67 59 55 129 71 108 312 256 194 359 520
-32 -128 -116 -88 -105 -211 -173 -131 -141 -178 -314 -189
-42 74 46 40 -27 132 39 -190 7 -86 -76 -207
Net Cash Flow 2 14 -11 7 -2 -7 -25 -8 121 -69 -31 124

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
ROCE % 20% 17% 19% 10% 11% 13% 14% 13% 17% 19% 15% 12%
Debtor Days 138 135 53 46 48 63 102 103 97 104 89 93
Inventory Turnover 6.62 4.39 4.57 3.99 3.89 3.45 4.29 5.09 6.15 6.53 7.27 6.91

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
67.19 67.19 67.19 67.19 67.19 67.19 67.19 67.36 67.75 67.75 67.75 67.75
1.23 1.21 1.06 1.08 1.11 0.68 0.53 0.50 0.29 0.25 0.25 0.24
14.13 14.44 15.85 16.24 16.49 17.14 17.99 18.49 17.04 17.06 16.61 16.47
17.45 17.16 15.90 15.49 15.21 14.99 14.29 13.65 14.92 14.94 15.38 15.54

Documents