Jocil Ltd

Jocil Ltd

₹ 192 0.26%
25 Apr - close price
About

Incorporated in 1981, Jocil Ltd manufactures Fatty Acids and Toilet Soap and generation of power from renewable sources – Biomass and Wind[1]

Key Points

Business Overview:[1]
Company manufactures Stearic Acid, Fatty Acids, Refined Glycerine, Soap Noodles, Toilet Soap, Industrial Oxygen and in the generation of Power from biomass and wind. Non edible vegetable oils and Fat distillates are used as raw materials to manufacture finished products. The products manufactured are marketed directly from the factory and through Depots and C&F Agents. Company also manufactures Soap Noodles and Toilet Soap on contract basis for reputed customers

  • Market Cap 170 Cr.
  • Current Price 192
  • High / Low 263 / 163
  • Stock P/E 53.9
  • Book Value 236
  • Dividend Yield 1.30 %
  • ROCE 6.64 %
  • ROE 4.86 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.81 times its book value
  • Company has been maintaining a healthy dividend payout of 22.2%
  • Debtor days have improved from 40.0 to 28.9 days.
  • Company's working capital requirements have reduced from 65.2 days to 49.3 days

Cons

  • Company has a low return on equity of 5.21% over last 3 years.
  • Earnings include an other income of Rs.3.56 Cr.

* 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: Chemicals Industry: Chemicals

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
114.30 154.90 168.16 197.48 172.30 215.65 284.41 241.96 192.81 200.10 180.13 218.38 172.37
110.50 152.26 163.71 192.71 168.55 213.18 279.48 238.03 188.58 195.48 177.86 215.83 175.25
Operating Profit 3.80 2.64 4.45 4.77 3.75 2.47 4.93 3.93 4.23 4.62 2.27 2.55 -2.88
OPM % 3.32% 1.70% 2.65% 2.42% 2.18% 1.15% 1.73% 1.62% 2.19% 2.31% 1.26% 1.17% -1.67%
0.47 0.10 0.35 0.21 0.25 0.33 0.12 1.03 0.54 0.69 0.91 1.40 0.56
Interest 0.26 0.25 0.04 0.05 0.08 0.01 0.42 0.30 0.24 0.18 0.01 0.00 0.27
Depreciation 1.42 1.42 1.67 1.69 1.69 1.77 1.57 1.52 1.55 1.56 1.38 1.48 1.63
Profit before tax 2.59 1.07 3.09 3.24 2.23 1.02 3.06 3.14 2.98 3.57 1.79 2.47 -4.22
Tax % 36.29% -271.96% 24.92% 25.31% 25.11% 29.41% 25.16% 25.16% 24.83% 12.32% 25.14% 25.51% 25.12%
1.65 3.99 2.31 2.43 1.67 0.72 2.29 2.35 2.23 3.13 1.34 1.85 -3.16
EPS in Rs 1.86 4.49 2.60 2.74 1.88 0.81 2.58 2.65 2.51 3.52 1.51 2.08 -3.56
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
391 408 375 331 393 376 341 402 446 565 754 919 771
363 372 349 305 361 360 331 396 427 544 738 902 764
Operating Profit 28 35 26 25 32 16 11 7 19 21 15 18 7
OPM % 7% 9% 7% 8% 8% 4% 3% 2% 4% 4% 2% 2% 1%
3 2 2 2 5 3 2 2 6 1 1 2 4
Interest 4 4 2 1 1 2 1 1 1 1 0 1 0
Depreciation 9 10 10 7 8 7 7 6 6 6 7 6 6
Profit before tax 19 23 16 20 27 10 5 1 18 15 10 13 4
Tax % 33% 36% 30% 33% 34% 19% 17% -152% 29% 12% 26% 22%
12 15 11 13 18 8 4 3 12 14 7 10 3
EPS in Rs 14.07 16.46 12.76 14.76 20.37 9.24 4.62 3.57 14.06 15.32 8.03 11.26 3.55
Dividend Payout % 36% 36% 39% 41% 34% 32% 43% 28% 21% 20% 25% 22%
Compounded Sales Growth
10 Years: 8%
5 Years: 22%
3 Years: 27%
TTM: -18%
Compounded Profit Growth
10 Years: -4%
5 Years: 19%
3 Years: -7%
TTM: -58%
Stock Price CAGR
10 Years: 7%
5 Years: 12%
3 Years: 5%
1 Year: 2%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 5%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

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 9 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 119 127 133 139 150 159 163 165 172 187 195 198 201
30 36 12 11 9 28 7 8 8 2 4 2 4
66 78 89 41 40 54 33 30 51 54 49 46 48
Total Liabilities 224 249 243 200 208 251 212 212 240 252 257 254 262
80 82 74 67 63 59 54 50 48 48 47 44 44
CWIP 1 2 0 1 1 2 1 4 5 6 3 0 0
Investments 1 1 1 1 1 3 16 9 2 20 9 35 24
141 165 168 130 143 187 141 150 185 178 198 175 194
Total Assets 224 249 243 200 208 251 212 212 240 252 257 254 262

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
35 14 32 11 11 -8 39 -4 9 14 -17 38
-13 -8 0 -5 0 -0 -9 5 -1 -20 14 -29
-25 -3 -31 -7 -14 18 -26 -2 -2 -10 -1 -6
Net Cash Flow -2 3 2 -0 -2 10 4 -0 6 -16 -4 3

Ratios

Figures in Rs. Crores

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 47 50 43 53 57 88 53 52 66 55 36 29
Inventory Days 66 76 84 89 75 73 81 71 85 66
Days Payable 10 13 28 16 21 43 20 15 38 29
Cash Conversion Cycle 103 112 100 126 111 119 114 108 114 91 36 29
Working Capital Days 74 82 78 95 96 120 101 97 94 75 71 49
ROCE % 14% 16% 11% 13% 17% 7% 3% 1% 10% 9% 5% 7%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.02% 55.02% 55.02% 55.02% 55.02% 55.02% 55.02% 55.02% 55.02% 55.02% 55.02% 55.02%
0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00% 0.03% 0.29% 0.01%
0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
44.98% 44.97% 44.98% 44.98% 44.98% 44.95% 44.97% 44.98% 44.98% 44.95% 44.69% 44.97%
No. of Shareholders 6,3709,0218,8089,0759,3299,1388,7368,4878,3218,4237,4997,959

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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