X

Jagan Lamps Ltd. Stock Analysis

Small Cap
Evaluated by 232 users | BSE: 530711 | NSE: |
Auto Ancillary
Jagan Lamps  is a 100% Export Oriented Unit founded by Jagannath Aggarwal and his son S P Aggarwal in the year 1993 for the manufacturing of H4 Halogen Lamps. The company is a leading manufacturer and exporter of auto bulbs, halogen bulbs, headlights, automotive electrical spares and...

Analysis of Financial Track Record

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.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 2.31%5.1%7.27%7.31%8.25%6.58%2.27%3.44%2.52%5.09%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 11.31719.317.917.317.712.813.214.618.5
Y-o-Y Gr. Rt.-49.7%13.8%-7.4%-3.4%2.5%-28.1%3.1%11.3%26.5%
Adjusted EPS (Rs.) 0.350.811.231.341.721.760.580.820.621.32
Y-o-Y Gr. Rt.-131.4%51.9%8.9%28.4%2.3%-67.1%41.4%-24.4%112.9%
Book Value per Share (Rs.) 15.6816.4917.7319.4421.1322.8922.8923.6824.4225.82
Adjusted Net Profit 0.20.60.90.91.21.20.40.60.40.9
Net Op. Cash Flow (Rs. Cr.) 0.21.60.61.17.73.521.5-1.92.2
Debt to Cash Flow from Ops 000.0600.361.641.740.34-1.520.52
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Jagan Lamps Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 5.6%1.4%13.2%26.5%
Adjusted EPS 15.9%-5.2%31.5%112.9%
Book Value per Share 5.74.14.15.7
Share Price 12.6% 11.9% 11.1% 75.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 2.245.027.227.28.4882.513.52.585.25
Operating Profit Margin (%) 9.338.079.6910.6414.9215.277.7213.9310.247.47
Net Profit Margin (%) 2.113.284.45.156.856.843.114.282.924.9
Debt to Equity 00000.190.370.220.030.170.07
Working Capital Days 1025971110135146184132123124
Cash Conversion Cycle 583636412017-5-59-26-3
Entity Percentage Holding
Promoters 55.06%
Non-Institutions 44.94%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Jagan Lamps Ltd.'s performance infers:

Jagan Lamps Ltd. earnings have declined by -5.2%, whereas share price has appreciated 11.9% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Jagan Lamps Ltd. share prices over the last 10 years. Here is what we found out:

Jagan Lamps Ltd. share price has appreciated 11.9% annually over the past ten years.

Jagan Lamps  is a 100% Export Oriented Unit founded by Jagannath Aggarwal and his son S P Aggarwal in the year 1993 for the manufacturing of H4 Halogen Lamps. The company is a leading manufacturer and exporter of auto bulbs, halogen bulbs, headlights, automotive electrical spares and other related products of extremely high quality at competitive prices.

Jagan Lamps' main factory is spread over an area of 25,000 sq mtrs  in Haryana. The total workers are 180 with 7 engineers and

Jagan Lamps  is a 100% Export Oriented Unit founded by Jagannath Aggarwal and his son S P Aggarwal in the year 1993 for the manufacturing of H4 Halogen Lamps. The company is a leading manufacturer and exporter of auto bulbs, halogen bulbs, headlights, automotive electrical spares and other related products of extremely high quality at competitive prices.

Jagan Lamps' main factory is spread over an area of 25,000 sq mtrs  in Haryana. The total workers are 180 with 7 engineers and 12 supervisors. Jagan Lamps has fully automatic machines to manufacture different kinds of bulbs.

The machines are imported from South Korea . The total installed capacity is 8.5 million pieces of halogen lamps. Jagan Lamps has started to grow very fast and soon bought machines to manufacture :

  • Halogen Lamps
  • Auto Bulbs
  • Auto Lamps
  • Xenon Bulbs
  • Blue Vision Bulbs
  • Sharp Vision Bulbs
  • + 30% Bulbs
  • Blue Superwhite Bulbs
  • Premium Lamps
  • All Weather Lamps
  • Xenon Hid Lamps

Jagan Lamps exports 75% of its production, the major overseas markets being Europe, Latin America and Asia Pacific. The major customers are supermarket chains and aftermarket distribution houses. 

Product range of the company includes:

Lighting products

  • Halogen bulbs
  • Xenon blue bulbs
  • Hid xenon lamps
  • Motorcycle lamps
  • Stop & tail bulbs
  • Spare bulb kits
  • Led bulbs
  • Head lights/head lamps
  • Special lamps

Auto electrical parts

  • Horns
  • Switches

Gauges

  • Voltmeter
  • Ampermeter
  • Temperature gauge
  • Pressure gauge
  • Techometer

Other products

  • Radiator caps
  • Fuel tank caps

Achievements/ recognition :

  • Jagan Lamps is an ISO 9001:2000 certified company.
  • ARAI Approval from ARAI Pune.
  • “E” Homologation from RDW Holland and VCA , U.K. for 21 different category of lamps.
  • Compliance Statement Issued by RDW Holland.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback