Zodiac-JRD-MKJ Ltd

Zodiac-JRD-MKJ Ltd

₹ 71.6 -0.18%
19 Apr - close price
About

Incorporated in 1987, Zodiac-Jrd-Mkj Ltd is a part of Jhaveri family (JRD Group) which is in the business of manufacturing, sale and trading of different types of jewelry.

Key Points

Product Portfolio:[1]
a) Cut & Polished Diamonds
b) Rough Diamonds
c) Gold & Silver Jewelry
d) Precious & Semi Precious Stones

  • Market Cap 37.1 Cr.
  • Current Price 71.6
  • High / Low 99.8 / 28.6
  • Stock P/E 70.0
  • Book Value 136
  • Dividend Yield 0.00 %
  • ROCE 1.13 %
  • ROE 0.99 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.53 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: -27.3%
  • The company has delivered a poor sales growth of -5.47% over past five years.
  • Promoter holding is low: 10.7%
  • Company has a low return on equity of 0.16% over last 3 years.
  • Company has high debtors of 413 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.

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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
2.99 4.02 0.26 5.98 0.71 12.25 12.96 0.13 1.03 1.09 5.93 1.91 3.04
2.70 4.37 0.25 5.92 0.63 11.48 12.09 0.16 1.07 1.53 6.13 1.58 4.13
Operating Profit 0.29 -0.35 0.01 0.06 0.08 0.77 0.87 -0.03 -0.04 -0.44 -0.20 0.33 -1.09
OPM % 9.70% -8.71% 3.85% 1.00% 11.27% 6.29% 6.71% -23.08% -3.88% -40.37% -3.37% 17.28% -35.86%
0.04 0.07 0.07 0.06 0.00 0.00 0.07 0.00 0.24 0.45 1.20 0.09 0.16
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.32 -0.29 0.07 0.12 0.07 0.76 0.94 -0.03 0.20 0.01 1.00 0.42 -0.93
Tax % 59.38% 86.21% 14.29% 25.00% 28.57% 39.47% 25.53% -200.00% -40.00% -1,000.00% 12.00% -14.29% -1.08%
0.13 -0.04 0.07 0.09 0.06 0.47 0.70 -0.10 0.28 0.11 0.89 0.47 -0.94
EPS in Rs 0.25 -0.08 0.14 0.17 0.12 0.91 1.35 -0.19 0.54 0.21 1.72 0.91 -1.82
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
18.66 16.72 21.07 20.23 16.09 18.06 20.00 14.85 12.54 8.67 19.02 15.10 11.97
17.62 16.00 19.79 19.08 15.39 17.37 20.67 14.50 12.39 8.71 18.29 14.85 13.37
Operating Profit 1.04 0.72 1.28 1.15 0.70 0.69 -0.67 0.35 0.15 -0.04 0.73 0.25 -1.40
OPM % 5.57% 4.31% 6.07% 5.68% 4.35% 3.82% -3.35% 2.36% 1.20% -0.46% 3.84% 1.66% -11.70%
0.44 0.45 8.94 0.37 0.27 1.04 1.44 1.66 0.59 0.31 0.32 0.87 1.90
Interest 0.04 0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.14 0.14 0.12 0.24 0.06 0.06 0.07 0.05 0.03 0.02 0.02 0.01 0.00
Profit before tax 1.30 1.02 10.10 1.27 0.91 1.67 0.70 1.96 0.71 0.25 1.03 1.11 0.50
Tax % 23.08% 20.59% 28.12% 40.16% 30.77% 23.35% -2.86% 23.47% 29.58% -40.00% 33.98% 10.81%
1.00 0.81 7.27 0.77 0.63 1.28 0.73 1.51 0.49 0.34 0.68 0.98 0.53
EPS in Rs 1.93 1.56 14.04 1.49 1.22 2.47 1.41 2.92 0.95 0.66 1.31 1.89 1.02
Dividend Payout % 25.90% 31.98% 3.56% 33.64% 41.11% 20.23% 35.48% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -1%
5 Years: -5%
3 Years: 6%
TTM: -55%
Compounded Profit Growth
10 Years: 2%
5 Years: -1%
3 Years: 17%
TTM: -61%
Stock Price CAGR
10 Years: 13%
5 Years: 14%
3 Years: 42%
1 Year: 122%
Return on Equity
10 Years: 1%
5 Years: 0%
3 Years: 0%
Last Year: 1%

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 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18 5.18
Reserves 50.74 51.24 58.21 58.67 58.98 59.54 59.97 61.17 61.66 62.02 62.71 63.69 65.06
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1.93 1.57 9.58 4.91 6.16 2.03 1.49 1.29 1.35 0.72 1.04 0.81 0.82
Total Liabilities 57.85 57.99 72.97 68.76 70.32 66.75 66.64 67.64 68.19 67.92 68.93 69.68 71.06
2.61 2.48 0.74 0.52 0.47 0.44 0.37 0.32 0.29 0.26 0.24 0.04 0.03
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 7.56 4.81 15.11 12.54 10.74 9.85 8.54 5.21 5.59 2.94 1.74 1.70 0.00
47.68 50.70 57.12 55.70 59.11 56.46 57.73 62.11 62.31 64.72 66.95 67.94 71.03
Total Assets 57.85 57.99 72.97 68.76 70.32 66.75 66.64 67.64 68.19 67.92 68.93 69.68 71.06

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
-0.80 -2.79 0.43 -2.36 -2.19 -0.50 -2.40 -1.44 -1.53 -4.27 2.34 0.63
0.91 3.17 0.15 2.90 2.19 1.04 2.42 4.90 0.11 2.86 1.37 0.98
-0.30 -0.31 -0.30 -0.30 -0.31 -0.31 -0.31 -0.31 0.00 0.00 0.00 0.00
Net Cash Flow -0.19 0.07 0.28 0.24 -0.31 0.23 -0.29 3.15 -1.43 -1.41 3.72 1.61

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 56.14 231.62 240.97 197.75 240.69 339.94 261.89 290.28 289.90 455.93 369.41 413.10
Inventory Days 1,008.22 1,044.66 826.97 911.70 1,320.57 950.27 815.81 1,235.08 1,568.56 2,237.20 877.37 1,160.59
Days Payable 24.73 9.64 117.50 9.59 68.38 44.25 24.82 21.08 29.89 22.92 10.81 13.86
Cash Conversion Cycle 1,039.62 1,266.63 950.43 1,099.86 1,492.88 1,245.96 1,052.88 1,504.28 1,828.57 2,670.21 1,235.98 1,559.83
Working Capital Days 892.55 1,068.80 815.23 904.47 1,195.72 1,089.14 1,013.79 1,409.37 1,710.32 2,531.42 1,164.47 1,454.44
ROCE % 2.00% 1.26% 2.59% 1.74% 1.31% 1.38% 1.08% 0.20% 0.93% -1.72% 1.48% 1.13%

Shareholding Pattern

Numbers in percentages

33 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
45.81% 45.81% 45.81% 45.81% 45.81% 45.80% 45.80% 45.80% 41.85% 37.99% 10.67% 35.98%
54.19% 54.19% 54.19% 54.19% 54.19% 54.19% 54.19% 54.20% 58.15% 62.00% 89.32% 64.01%
No. of Shareholders 3,7553,7193,5363,4733,4673,4473,4273,3373,4363,7283,6973,674

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