SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Check Before You Invest : Jainco Projects (India) Ltd

BSE: 526865 NSE: ISIN: INE966C01010
  |   Sector:  Construction & Infrastructure   |   Industry:  Construction - Real Estate

Snapshot

Q.1 Which industry/sub-sector does Jainco Projects (India) Ltd belong to?
Jainco Projects (India) Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Construction - Real Estate segment.
Q.2 Is Jainco Projects (India) Ltd a good quality company?
Jainco Projects (India) Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Jainco Projects (India) Ltd undervalued or overvalued?
Jainco Projects (India) Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios Current 5-year
Historic Median
Price to Earnings 103.83 -
Price to Book 0.46 0.49
Price to Sales 4.9 17.59
EV to EBITDA 15.9 106.49
Q.4 Is Jainco Projects (India) Ltd a good buy now?
Jainco Projects (India) Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Jainco Projects (India) Ltd?
Jainco Projects (India) Ltd revenue growth is 231.8% for FY-2025, which is above its 5-year CAGR of 43.49%, indicating faster growth.

Q.2 Gross Profit margin of Jainco Projects (India) Ltd?
Jainco Projects (India) Ltd Gross profit margin which is the profit after deduction of direct costs, is 2.7% for FY-2025, which is below its 5-year median of 20.4%, indicating decreasing margins.

Q.3 Operating Profit Margin of Jainco Projects (India) Ltd?
Jainco Projects (India) Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 74.94% for FY-2025, which is above its 5-year median of 27.27% indicating increasing margins.

Q.4 Net Profit Margin of Jainco Projects (India) Ltd?
Jainco Projects (India) Ltd Net Profit Margin is 1% for FY-2025, is below its 5-year median of 1.33%, indicating decreasing margins.
Current Level 5-year
Historic Median
Gross Profit Margin (%) 2.7 20.4
Operating Profit Margin (%) 74.94 27.27
Net Profit Margin (%) 1 1.33

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Jainco Projects (India) Ltd?
Jainco Projects (India) Ltd Return on Asset is 0.03%, which is in line with its 5-year historical median of 0.03%, indicating stable asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Jainco Projects (India) Ltd?
Jainco Projects (India) Ltd Return on capital employed is 2.29% for FY-2025, which is above its 5-year historical median of 0.08%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 14%, indicating value preservation.

Q.7 Return on Equity (ROE) of Jainco Projects (India) Ltd?
Jainco Projects (India) Ltd Return on equity is 0.07% for FY-2025, which is in line with its 5-year historical median of 0.07%, indicating the business is making similar use of its shareholders capital.

Q.8 Cash conversion cycle of Jainco Projects (India) Ltd?
Jainco Projects (India) Ltd Cash conversion cycle is 3139 days, below its 5-year historical median of 7379 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.
Current Level 5-year
Historic Median
Asset Turnover (x) 0.03 0.02
ROE (%) 0.07 0.07
ROCE (%) 2.29 0.08
Cash Conversion Cycle 3139 days 7379 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Jainco Projects (India) Ltd?
Jainco Projects (India) Ltd Debt-to-Equity ratio is 1.80, which is above the industry average of 0.23, indicating higher debt levels in the industry.

Q.10 Debt to cash flow from operations of Jainco Projects (India) Ltd?
Jainco Projects (India) Ltd Debt to cash flow from operations is -1.55, which is at a unhealthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Jainco Projects (India) Ltd?

Q.1 Promoter shareholding and pledge status of Jainco Projects (India) Ltd?
Promoters hold 28.93% of the Jainco Projects (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Jainco Projects (India) Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Jainco Projects (India) Ltd vs industry peers?
Jainco Projects (India) Ltd revenue CAGR is 43.49%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Profit Metrics
Current Level 5-year
Industry Median
Revenue Growth (%) 231.8 0
Gross Profit Growth (%) -60 14.9
Operating Profit Growth (%) 1,000 10.4
Net Profit Growth (%) 0 17.2
Operating Efficiency
Current Level 5-year
Industry Median
Asset Turnover (x) 0.03 0.1
ROE (%) 0.07 1.36
ROCE (%) 2.29 3.88
Cash Conversion Cycle (days) 3138.97 439

Valuation & price assessment

Q.1 Stock return of Jainco Projects (India) Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 3.1% based on the current price.
9Y 5Y 3Y 1Y
Share Price
CAGR
3.1% 15.5% 10.3% -44%
Q.2 Valuation ratios of Jainco Projects (India) Ltd vs historical?
The current P/E ratio of 103.83 is higher than its historical median of , indicating that the stock is trading above its historical average valuation.
Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?
Valuation Ratios Current 5-year
Historic Median
5-year
Industry Median
Price to Earnings 103.83 - 33.43
Price to Book 0.46 0.49 1.53
Price to Sales 4.9 17.59 5.23
EV to EBITDA 15.9 106.49 14.43

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×