Jay Ushin Ltd - Stock Valuation and Financial Performance

BSE: 513252 | NSE: | Auto Ancillary | Small Cap

Jay Ushin Share Price

690 0.00 0.00%
as on 18-Mar'24 16:59

DeciZen - make an informed investing decision on Jay Ushin

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Jay Ushin stock performance -

mw4me loader
P/E Ratio (SA):
19.44
Market Cap:
266.7 Cr.
52-wk low:
496.2
52-wk high:
899

Is Jay Ushin Ltd an attractive stock to invest in?

1. Is Jay Ushin Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Jay Ushin Ltd is a below average quality company.

2. Is Jay Ushin Ltd undervalued or overvalued?

The key valuation ratios of Jay Ushin Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Jay Ushin Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jay Ushin Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Jay Ushin:

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.
Jay Ushin Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.6%9.4%9.4%6.6%9.3%10.3%7.3%3.1%11.4%11.9%-
Value Creation
Index
-0.2-0.3-0.3-0.5-0.3-0.3-0.5-0.8-0.2-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 580650688788860855663577657734714
Sales YoY Gr.-12.1%5.8%14.5%9.2%-0.6%-22.5%-13%13.9%11.9%-
Adj EPS 211510.98.627.430.99.9-8.930.134.335.5
YoY Gr.--28.5%-27.1%-21.5%219.8%12.6%-67.9%-189.5%NA13.7%-
BVPS (₹) 110117.1130142.4168.2193.5196.8187.7221.2249.4277.4
Adj Net
Profit
8.15.84.23.310.611.93.8-3.411.713.314
Cash Flow from Ops. 40.342.4-12.3-30.1-27.142.866.31427.722.4-
Debt/CF from Ops. 1.81.5-7-4-5.73.71.98.53.94.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.7%-3.1%3.5%11.9%
Adj EPS 5.6%4.6%51.3%13.7%
BVPS9.5%8.2%8.2%12.7%
Share Price 25.2% 13.8% 14.6% 22.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
20.413.28.86.317.717.15.1-4.614.714.613.5
Op. Profit
Mgn %
3.22.72.51.92.54.34.83.74.94.54
Net Profit
Mgn %
1.40.90.60.41.21.40.6-0.61.81.81.9
Debt to
Equity
1.71.41.72.22.42.11.71.61.31-
Working Cap
Days
7565697388981161221009223
Cash Conv.
Cycle
-16-21-170212622262623-4

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 13.50%

Net Profit is growing at healthy rate in last 3 years 51.29%

Debt to equity has declined versus last 3 years average to 1.00

Sales growth has been subdued in last 3 years 3.47%

Sales growth is not so good in last 4 quarters at -4.33%

Latest Financials - Jay Ushin Ltd.

Standalone Consolidated
TTM EPS (₹) 35.5 19.6
TTM Sales (₹ Cr.) 714 681
BVPS (₹.) 277.4 0
Reserves (₹ Cr.) 103 76
P/BV 2.49 0.00
PE 19.44 35.15
From the Market
52 Week Low / High (₹) 496.20 / 899.00
All Time Low / High (₹) 3.00 / 917.60
Market Cap (₹ Cr.) 267
Equity (₹ Cr.) 3.9
Face Value (₹) 10
Industry PE 45

Management X-Ray of Jay Ushin:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Jay Ushin

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales580650688788860855663577657734
Operating Expenses 562633673773840820635556625702
Manufacturing Costs27282625252518132129
Material Costs468530565660721694523471524584
Employee Cost 46505564707670515865
Other Costs 21252724242523212123
Operating Profit 18171515203528203132
Operating Profit Margin (%) 3.1%2.7%2.2%1.9%2.4%4.1%4.3%3.5%4.8%4.4%
Other Income 9131916141010131515
Interest 871010111617131514
Depreciation 12131515151619191515
Exceptional Items 0-500000000
Profit Before Tax 8586813211618
Tax 1222-31-1545
Profit After Tax 746411123-41213
PAT Margin (%) 1.1%0.6%0.9%0.5%1.2%1.4%0.4%-0.7%1.8%1.8%
Adjusted EPS (₹)17.29.516.010.527.629.96.8-10.430.934.4
Dividend Payout Ratio (%)15%21%16%19%11%10%0%0%10%9%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 42455055657576738596
Share Capital 4444444444
Reserves 39414651617172698293
Minority Interest0000000000
Debt5949711021271281041008477
Long Term Debt15263441695748462731
Short Term Debt44243760587155555746
Trade Payables1121261411241231011097885100
Others Liabilities 58647465848710911010291
Total Liabilities 271285336345398391397361357365

Fixed Assets

Gross Block184223232241249280310321299314
Accumulated Depreciation6881769197112130149154168
Net Fixed Assets116142156150152168180171144146
CWIP 1513261310830
Investments 0001100000
Inventories47475960708991708090
Trade Receivables5054841051286553605365
Cash Equivalents 3262232110
Others Assets40272921446261507664
Total Assets 271285336345398391397361357365

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 4042-12-30-274366142822
PBT 8586813211618
Adjustment 11969132328231615
Changes in Working Capital 2329-25-44-441237-6-3-7
Tax Paid -2-2-2-1-5-50-3-1-4
Cash Flow From Investing Activity -20-26024-24-29323
Capex -37-38-25-13-10-33-36-9-11-13
Net Investments 000011-100-1
Others 171224151389121217
Cash Flow From Financing Activity -23-18162423-18-40-16-30-26
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -1110111237-14-16-2-184
Interest Paid -8-7-7-10-11-16-17-16-14-13
Dividend Paid -1-1-1-1-1-1-100-1
Others -3-201323-313-523-16
Net Cash Flow -3-14-401-2000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)16.688.3512.957.7117.7916.513.49-5.3915.1114.63
ROCE (%)13.4910.6715.3310.189.7212.758.757.1216.0616.61
Asset Turnover Ratio2.542.692.542.642.392.171.681.521.832.04
PAT to CFO Conversion(x)5.7110.5-2-7.5-2.453.5822N/A2.331.69
Working Capital Days
Receivable Days24253238484133363129
Inventory Days28232524273450514242
Payable Days81828673625973725758

Jay Ushin Ltd Stock News

Jay Ushin Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Jay Ushin on 18-Mar-2024 16:59 is ₹690.0.
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 18-Mar-2024 16:59 the market cap of Jay Ushin stood at ₹266.6.
The latest P/E ratio of Jay Ushin as of 18-Mar-2024 16:59 is 19.44.
The latest P/B ratio of Jay Ushin as of 18-Mar-2024 16:59 is 2.49.
The 52-week high of Jay Ushin is ₹899.0 and the 52-week low is ₹496.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jay Ushin is ₹714.0 ( Cr.) .

About Jay Ushin Ltd

Jay Ushin Ltd. a JBM Group company, was incorporated as a Joint Venture company with U Shin Ltd, Japan for manufacture of auto electrical, mechanical & electronic components for four wheelers in 1986. It is a leading OEM manufacturer of automotive assemblies in India. Its products include lock sets, latches, switches & body parts.

The company is a major OE supplier  to almost all makers of four wheeler as well as two wheelers in India includes Maruti Suzuki Limited, Hyundai Motors India Ltd., General Motors, Honda Siel, Honda Motor Cycle & Scooters Division, Mahindra & Mahindra and Tata Motors Ltd..

The company has its main plant and head office at Gurgaon (Haryana). Jay Ushin is a quality-oriented company. It is commited to satisfy the needs and expectations of the customers by continuous improvement in quality and timely delivery of its products.

Product range of the company includes:

  • Security Systems - Key sets, Immobiliser, keyless entry, remote Locking, etc.
  • Body Parts - Door latches, central locking, door handles, hood latches, striker, etc. 
  • Switches - Combination switches, panel switches, handle bar, hazard warning, power window, and defogger switches, stop & back-up lamps, etc.
  • Others - Heater control lever assembly, heater panel assembly, tank units

Milestones:

  • 1986 Incorporated as a Joint Venture Co. with M/s U shin Ltd, Japan for manufacture of auto electrical, mechanical & rlectronic components for four wheelers.
  •  1989 Commencement of production & supply of locksets to Maruti Udyog
  • 1995 Technical Collaboration with M/s YNS Inc, Japan for instrument clusters.
  • 1996 Commercial production & supply of instrument clusters to Maruti Udyog
  • 1998 Technical collaboration with M/s Shinchang Electric Co Ltd, Korea for manufacture of key sets & multi function switches for M/s Hyundai Motor India Ltd.

Achievements/ recognition:

  • 1997- ISO-9001 Certification by TUV, Germany.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.