Jindal Poly Investment & Finance Company Ltd
Incorporated in 2012, Jindal Poly Investment and Finance Company Ltd is in the business of investment and holding investment mainly in its group companies[1]
- Market Cap ₹ 981 Cr.
- Current Price ₹ 936
- High / Low ₹ 1,135 / 598
- Stock P/E 2.48
- Book Value ₹ 2,611
- Dividend Yield 0.00 %
- ROCE 11.8 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.36 times its book value
- Company has delivered good profit growth of 34.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Earnings include an other income of Rs.362 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: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 25 | 8 | 0 | 0 | 1,491 | 242 | 1 | 1 | 1 | 2,477 | 3,125 | 36 | 37 | |
| 0 | 0 | 1 | 1 | 1,283 | 353 | 185 | 64 | -21 | 1,170 | 1,996 | 0 | 0 | |
| Operating Profit | 25 | 8 | -0 | -1 | 208 | -111 | -184 | -63 | 22 | 1,307 | 1,129 | 36 | 37 |
| OPM % | 100% | 96% | -54% | -750% | 14% | -46% | -17,712% | -6,145% | 2,058% | 53% | 36% | 99% | 99% |
| 0 | 0 | 0 | 0 | 53 | -316 | -19 | 0 | 0 | 564 | 17 | 264 | 362 | |
| Interest | 0 | 0 | 0 | 0 | 738 | 206 | 41 | 46 | 53 | 109 | 114 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 174 | 34 | 0 | 0 | 0 | 225 | 280 | 0 | 0 |
| Profit before tax | 25 | 8 | -0 | -1 | -651 | -667 | -244 | -110 | -31 | 1,537 | 751 | 298 | 398 |
| Tax % | 2% | 5% | 7% | 5% | -33% | -8% | 0% | 0% | 0% | 6% | 34% | 1% | |
| 4 | -13 | -19 | -20 | -435 | -700 | -244 | -110 | -31 | 1,443 | 498 | 296 | 395 | |
| EPS in Rs | -12.14 | -17.63 | -19.45 | -377.53 | -665.65 | -129.02 | -89.32 | -15.21 | 756.67 | 267.40 | 281.18 | 376.06 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 103% |
| 3 Years: | 224% |
| TTM: | -98% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 38% |
| 5 Years: | 34% |
| 3 Years: | 174% |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 136% |
| 3 Years: | 36% |
| 1 Year: | 39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 622 | 598 | 580 | 559 | 52 | -59 | -112 | -206 | -210 | 2,445 | 2,346 | 2,642 | 2,734 |
| 0 | 0 | 0 | 0 | 5,822 | 630 | 460 | 472 | 726 | 1,628 | 27 | 27 | 27 | |
| 4 | 0 | 0 | 0 | 1,838 | 64 | 138 | 169 | -19 | 3,287 | 38 | 42 | 44 | |
| Total Liabilities | 625 | 609 | 590 | 570 | 7,722 | 645 | 497 | 446 | 508 | 7,371 | 2,422 | 2,721 | 2,816 |
| 5 | 4 | 4 | 4 | 6,606 | 9 | 9 | 9 | 9 | 5,836 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 592 | 578 | 560 | 540 | 94 | 403 | 421 | 384 | 446 | 55 | 2,422 | 2,721 | 2,815 |
| 27 | 27 | 27 | 26 | 1,022 | 233 | 67 | 52 | 52 | 1,480 | 0 | 0 | 0 | |
| Total Assets | 625 | 609 | 590 | 570 | 7,722 | 645 | 497 | 446 | 508 | 7,371 | 2,422 | 2,721 | 2,816 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3 | -1 | -1 | 761 | -1 | -0 | -2 | 0 | 712 | 1,085 | -1 | ||
| 4 | 0 | 0 | 60 | -18 | 1 | 2 | -1 | -80 | -339 | 1 | ||
| 0 | 0 | 0 | -802 | 0 | 0 | 0 | 0 | -352 | -1,026 | -0 | ||
| Net Cash Flow | 1 | -1 | -0 | 19 | -19 | 1 | -0 | -0 | 280 | -280 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 17 | 0 | 60 | 60 | 0 | 69 | 0 | 0 |
| Inventory Days | 37 | 0 | 182 | 0 | ||||||||
| Days Payable | 232 | 212 | ||||||||||
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | -179 | 0 | 60 | 60 | 0 | 39 | 0 | 0 |
| Working Capital Days | 303 | 1,027 | 23,840 | 103,797 | -299 | -156 | -108,931 | -131,772 | -68,792 | -58 | -0 | -18 |
| ROCE % | 1% | -0% | -0% | 2% | -8% | -49% | -53% | 12% | 41% | 21% | 12% |
Documents
Announcements
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Approval Of Un-Audited Standalone And Consolidated Financial Results Of The Company For The Second Quarter And Half Year Ended September 30, 2024.
14 Nov - Approved unaudited financial results for Q2 FY2024.
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Board Meeting Intimation for The Approval Of Standalone And Consolidated Un-Audited Financial Result For The Second Quarter And Half Year Ended On 30.09.2024
11 Nov - Board meeting to approve Q2 financial results.
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Disclosure Under Sub Regulation 12 Of Regulation 30 Of SEBI (LODR) 2015
29 Oct - Conversion of optionally convertible preference shares into equity shares.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
29 Oct - Confirmation Certificate for Equity Shares compliance.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 29 Sep
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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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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Business Overview:[1]
a) Company is a Non Systematically Important Non Deposit Taking Non Banking Financial Corporation
b) Company runs its business as a Core Investment Company and for that purpose it plans to invest in, acquire, subscribe for and hold shares, bonds, units, stocks, securities, debentures in group Companies and/or mutual funds
c) Company is required to invest at least ~90% of its net assets in group companies, of which at least 60% should be in the form of equity investments
d) Investments outside the group can only be made in specified short term securities like money market instruments
e) Company depends on the dividends and capital appreciation from the equity it has invested into.
f) Company holds major investment in Power Sector