JMC Projects (India) Ltd. - (Amalgamated) - Stock Valuation and Financial Performance

BSE: 522263 | NSE: JMCPROJECT | Construction - Real Estate | Small Cap

JMC Projects (India) Share Price

118.60 0.00 0.00%
as on 10-Jan'23 18:01

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JMC Projects (India) Ltd. - (Amalgamated) stock performance -

mw4me loader
P/E Ratio (SA):
13.97
Market Cap:
1,991.4 Cr.
52-wk low:
118.1
52-wk high:
123.9

Is an attractive stock to invest in?

1. Is a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that JMC Projects (India) Ltd. - (Amalgamated) is a average quality company.

2. Is undervalued or overvalued?

The key valuation ratios of JMC Projects (India) Ltd. - (Amalgamated)'s currently when compared to its past seem to suggest it is in the Fair zone.

3. Is a good buy now?

No data found

10 Year X-Ray of JMC Projects (India):

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
JMC Projects (India) Ltd. - (Amalgamated) has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8%7.5%8.9%8.8%8.2%11.2%12.5%9%12.2%2.9%-
Value Creation
Index
-0.4-0.5-0.4-0.4-0.4-0.2-0.1-0.4-0.1-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,5362,6542,4002,4012,3282,7563,2533,7133,7865,3536,323
Sales YoY Gr.-4.7%-9.6%0%-3%18.4%18%14.2%2%41.4%-
Adj EPS 1.31.41.81.82.75.57.33.37.2-3.98.5
YoY Gr.-9.1%27.8%-2.7%49.7%104.5%33.6%-55.6%121.2%-154.5%-
BVPS (₹) 30.332.333.93841.1475557.860.752.455.5
Adj Net
Profit
18.119.725.130.1459212354.5121-65.8143
Cash Flow from Ops. 55.412971.1108312256194359520332-
Debt/CF from Ops. 6.93.39.46.822.93.92.31.53-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.7%18.1%18.1%41.4%
Adj EPS -212.9%-207.9%-181.2%-154.5%
BVPS6.3%5%-1.6%-13.6%
Share Price 21% 0.1% 16.6% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on
Equity %
4.24.45.45.46.812.414.45.812.1-6.915.7
Op. Profit
Mgn %
55.36.48.68.89.9108.611.34.27.8
Net Profit
Mgn %
0.70.71.11.31.93.33.81.53.2-1.22.3
Debt to
Equity
0.911.51.20.90.90.80.90.81.10.4
Working Cap
Days
142165231289345318310309322254109
Cash Conv.
Cycle
211616157-102-3-919

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - JMC Projects (India) Ltd. - (Amalgamated)

Standalone Consolidated
TTM EPS (₹) 8.5 6.4
TTM Sales (₹ Cr.) 6,323 6,508
BVPS (₹.) 55.5 36
Reserves (₹ Cr.) 898 571
P/BV 2.14 3.30
PE 13.97 18.53
From the Market
52 Week Low / High (₹) 118.05 / 123.90
All Time Low / High (₹) 1.27 / 150.00
Market Cap (₹ Cr.) 1,991
Equity (₹ Cr.) 33.6
Face Value (₹) 2
Industry PE 79.3

Management X-Ray of JMC Projects (India):

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of JMC Projects (India)

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Sales2,535.942,654.262,399.882,400.712,328.422,755.643,252.863,713.033,785.915,352.93
Operating Expenses 2,410.722,514.572,246.812,195.562,124.712,483.882,927.363,396.233,456.195,133.43
Manufacturing Costs174.95200.79208.98137.39160.38188.87210.19211.64193.43282.72
Material Costs1,960.452,018.451,721.161,650.501,520.461,805.872,206.692,507.312,591.043,892.91
Employee Cost 147.97168.88200.29225.56235.74266.39302.56346.42320.51402.57
Other Costs 127.34126.46116.38182.10208.13222.75207.92330.86351.22555.23
Operating Profit 125.23139.69153.07205.15203.71271.76325.50316.80329.73219.51
Operating Profit Margin (%) 4.9%5.3%6.4%8.5%8.7%9.9%10.0%8.5%8.7%4.1%
Other Income 7.1912.1631.9826.0631.3942.3452.6063.6855.7757.35
Interest 61.6462.7592.50114.4993.9397.49111.45146.32141.01170.69
Depreciation 54.8658.9048.9251.6757.3771.6578.13117.34142.38167.20
Exceptional Items 000000000-153.47
Profit Before Tax 15.9230.2143.6365.0583.80144.96188.52116.81102.11-214.50
Tax -2.417.2413.7721.6825.5438.8346.3937.8631-57.47
Profit After Tax 18.3322.9729.8643.3758.26106.13142.1378.9671.11-157.02
PAT Margin (%) 0.7%0.9%1.2%1.8%2.5%3.9%4.4%2.1%1.9%-2.9%
Adjusted EPS (₹)1.31.72.22.63.56.38.54.74.2-9.4
Dividend Payout Ratio (%)14%11%9%8%9%9%8%15%17%-11%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22

Equity and Liabilities

Shareholders Fund 435.76454.64475.98637.83689.73788.99923.28969.911,018.41880
Share Capital 26.1226.1226.1233.5833.5833.5833.5833.5833.5833.58
Reserves 409.64428.52449.86604.25656.15755.41889.70936.33984.83846.42
Minority Interest0000000000
Debt328.34358.11579.20618.08571.34650.81658.32728.29606.28737.61
Long Term Debt177.84223.64310.80281.89231.28314.26390.43496.93350.43315.67
Short Term Debt150.51134.47268.40336.20340.06336.55267.89231.37255.84421.94
Trade Payables479.27569.65593.43676.42743.91828.581,172.211,162.631,312.091,509.11
Others Liabilities 302.54460.32592.42729.95868.141,216.141,2751,463.511,743.602,138.26
Total Liabilities 1,545.911,842.712,241.022,662.292,873.123,484.524,028.814,324.354,680.375,264.97

Fixed Assets

Gross Block490.42547.33637.99393.67451.04558.63705.62905.931,020.311,189.96
Accumulated Depreciation234.42272.49319.8144.2886.28137.39207.71305.69414.49515.08
Net Fixed Assets256274.84318.18349.40364.76421.24497.91600.24605.83674.88
CWIP 3.649.290.080.245.860.123.2010.6615.1016.44
Investments 170.68187.84189.12178.88179.70417.21417.21416.38416.38302.69
Inventories211.44242.36251.53158.58179.46192.29248.06241.21232.45308.38
Trade Receivables321.53351.97412.49668.80657.63735.75922.61909.66938.621,004.66
Cash Equivalents 24.4724.0314.7434.5524.94145.987753.83214.22241.56
Others Assets558.15752.381,054.881,271.851,460.771,571.931,862.822,092.362,257.762,716.36
Total Assets 1,545.911,842.712,241.022,662.292,873.123,484.524,028.814,324.354,680.375,264.97

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Cash Flow From Operating Activity 55.37129.1571.06108.31312.25255.82194.45359.08520.33331.71
PBT 15.9230.2143.6365.8483.48144.96188.52116.81102.11-214.50
Adjustment 105.76139.57154.58148.40151.36204.46158.74318.25249.79683.06
Changes in Working Capital -52.56-13.65-98.51-72.1952.25-71.3-144.84-76.77168.14-137.89
Tax Paid -13.84-26.98-28.65-33.7425.15-22.30-7.970.790.301.04
Cash Flow From Investing Activity -87.80-104.70-210.63-173.17-131.11-141.29-177.91-314.16-189.30-402.32
Capex -39.87-88.95-75.55-91.43-63.78-89.89-150.44-180.87-109.96-175.82
Net Investments -52.87-17.16-1.280.0600-8.59-23.79-45.88-112.89
Others 4.941.41-133.80-81.81-67.33-51.39-18.88-109.51-33.47-113.61
Cash Flow From Financing Activity 39.74-26.74132.1439.37-189.596.51-85.52-76.15-207.4223.19
Net Proceeds from Shares 000148.69000000
Net Proceeds from Borrowing 00000000-79.7727.99
Interest Paid -54.95-53.45-85.89-106.14-87.64-85.84-102.46-130.42-119.42-123.22
Dividend Paid -5.22-2.61-2.61-3.14-4.04-6.06-12.15-14.17-11.75-11.75
Others 99.9229.32220.64-0.05-97.9298.4129.0868.443.52130.17
Net Cash Flow 7.32-2.29-7.43-25.49-8.46121.04-68.98-31.23123.60-47.42
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Ratios
ROE (%)4.55.386.617.888.7814.3516.68.347.15-16.54
ROCE (%)10.4111.1413.5914.3313.161718.7215.0813.46-2.39
Asset Turnover Ratio1.761.571.180.980.840.870.870.890.841.08
PAT to CFO Conversion(x)3.025.622.382.55.362.411.374.557.32N/A
Working Capital Days
Receivable Days454658821049293908966
Inventory Days30313831272525242318
Payable Days6475101124161153150143145115

JMC Projects (India) Ltd. - (Amalgamated) Stock News

JMC Projects (India) Ltd. - (Amalgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of JMC Projects (India) on 10-Jan-2023 18:01 is ₹118.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Jan-2023 18:01 the market cap of JMC Projects (India) stood at ₹1,991.4.
The latest P/E ratio of JMC Projects (India) as of 10-Jan-2023 18:01 is 13.97.
The latest P/B ratio of JMC Projects (India) as of 10-Jan-2023 18:01 is 2.14.
The 52-week high of JMC Projects (India) is ₹123.9 and the 52-week low is ₹118.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JMC Projects (India) is ₹6,323 ( Cr.) .

About JMC Projects (India) Ltd. - (Amalgamated)

JMC Projects was incorporated in the year 1982 under the name of Civen Construction and later the name got changed to Joshi & Modi Construction and then finally to its present name.

JMC is one of the few construction companies certified under ISO 9001:2000 quality management system by TUV Management Services of Germany. The company is mainly engaged in the construction of industrial and residential buildings and also power and infrastructure development projects.

JMC has to its credit many prestigious projects in the industrial, power, institutional and infrastructure sectors and is acknowledged as a reliable and professional construction company by the discerning and quality conscious market. Some of the companies for which JMC has worked on industrial projects include Bajaj Auto, Arvind Mills, Cadila Healthcare and Carrier Refrigeration.

JMC`s building construction includes the construction of residential complexes and townships, hospitals and hotels and commercial complexes. Some such projects include IIM campus, Mantri Developers and East India Hotels. The company has also worked on various civil infrastructure development projects like construction of roads, bridges and terminals. Some of the company`s infrastructure projects include work on Bandra-Worli sealink and four laning and strengthening of Ahmedabad-Mehsana Road Project.

Subsidiary Company:

JMC Mining & Quarries is a wholly-owned subsidiary of the company.

Awards & Citations:

  • 2010 -Citation received from Prestige Group for their "Prestige Cyber Tower" project at Chennai - 2010.
  • -Received Best Safety Performer award for the year 2009-10 at their 1 x 600 MW Thermal power Plant project at Mettur.
  • -JMC is awarded 8th Construction World (CW) Annual Awards - 2010, Mumbai"
  • JMC projects won the first prize for its remarkable performance in maintaining safety standard norms/awareness to work force during the construction of the RGTPP at Hisar (Haryana) from Reliance Industries in the year 2009.
  • JMC received a certificate for Best Safety Performance from its client Larsen & Toubro in the year 2008.
  • The company has won a National Highway Authority of India (NHAI) project worth Rs 10 billion to construct  a four-lane highway between Rohtak to Bawal section in Haryana.
  • In the year 2007, the company won 'Best Safety Team Award' from its client BPB India Gypsum.
  • Infosys Bangalore has awarded it for the contribution in making of Infosys City at Bangalore and for construction of a software park for Infosys Technologies at Bangalore in the year 2000.
  • It got ACCE B E Billimoria Award 2000 for excellence in construction in high rise building presented by Association of Consulting Civil Engineers (India) for JMC House at Ahmadabad, etc.
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