John Cockerill India Ltd - Stock Valuation and Financial Performance

BSE: 500147 | NSE: FLATPROD | Engineering - Industrial Equipments | Small Cap

John Cockerill India Share Price

5,783 106.95 1.88%
as on 04-Oct'24 16:01

DeciZen - make an informed investing decision on John Cockerill India

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

John Cockerill India stock performance -

mw4me loader
P/E Ratio (SA):
136.43
Market Cap:
2,850.5 Cr.
52-wk low:
2,660
52-wk high:
6,443

Is John Cockerill India Ltd an attractive stock to invest in?

1. Is John Cockerill India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that John Cockerill India Ltd is a average quality company.

2. Is John Cockerill India Ltd undervalued or overvalued?

The key valuation ratios of John Cockerill India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is John Cockerill India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of John Cockerill India 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 John Cockerill 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.
John Cockerill India Ltd 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Dec'23TTM
ROCE % 7.5%14%5.4%9.2%27%16.1%-15.7%6.3%9.7%14.1%-
Value Creation
Index
-0.5-0-0.6-0.40.90.2-2.1-0.6-0.30.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 219205154305496372198383484889686
Sales YoY Gr.--6.4%-25.1%98.5%62.5%-25.1%-46.7%93.3%26.4%83.8%-
Adj EPS -2.68.68.37.969.934.9-55.111.123.759.642.3
YoY Gr.-NA-2.9%-5.8%790.2%-50.1%-258.2%NA113.4%151.9%-
BVPS (₹) 280.5305.2307.7319.5386.7420354.9365.1389.6570.8428.7
Adj Net
Profit
-1.34.24.13.934.517.2-27.25.511.729.421
Cash Flow from Ops. 31-9.659.889.7-38.4-57.9-21.126.470.822.7-
Debt/CF from Ops. 0.8000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 16.8%12.4%65%83.8%
Adj EPS NA-3.1%NA151.9%
BVPS8.2%8.1%17.2%46.5%
Share Price 28.7% 44.2% 83% 103.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Dec'23TTM
Return on
Equity %
-12.92.72.519.88.6-14.23.16.310.98.5
Op. Profit
Mgn %
-5.1-10.6-2.306.26.1-12.53.61.43.93.5
Net Profit
Mgn %
-0.62.12.71.374.6-13.71.42.43.33.1
Debt to
Equity
0.20000000000
Working Cap
Days
446388407204224365646291348363272
Cash Conv.
Cycle
149127113382423233-31-7153

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.50%

Sales growth is growing at healthy rate in last 3 years 64.95%

Sales growth is good in last 4 quarters at 71.88%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - John Cockerill India Ltd

Standalone Consolidated
TTM EPS (₹) 42.3 -
TTM Sales (₹ Cr.) 686 -
BVPS (₹.) 428.7 -
Reserves (₹ Cr.) 207 -
P/BV 13.46 -
PE 136.43 -
From the Market
52 Week Low / High (₹) 2660.00 / 6443.00
All Time Low / High (₹) 10.75 / 6443.00
Market Cap (₹ Cr.) 2,850
Equity (₹ Cr.) 4.9
Face Value (₹) 10
Industry PE 55.1

Management X-Ray of John Cockerill 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 John Cockerill India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Dec'23
Sales219205154305496372198383484667
Operating Expenses 230229157307467351226373479642
Manufacturing Costs19171919282818265656
Material Costs14610570201332208130267332498
Employee Cost 44444852555948505750
Other Costs 21622135535631303538
Operating Profit -11-24-4-12921-289425
Operating Profit Margin (%) -5.1%-11.5%-2.3%-0.5%5.9%5.5%-14.2%2.5%0.9%3.8%
Other Income 24371722241736197
Interest 4211030722
Depreciation 7656665554
Exceptional Items 61400000000
Profit Before Tax 8207134729-3041626
Tax -2627125-1034
Profit After Tax 913573524-2951322
PAT Margin (%) 4.3%6.4%3.3%2.2%7.1%6.4%-14.7%1.2%2.7%3.2%
Adjusted EPS (₹)19.226.610.213.671.148.1-58.99.426.143.8
Dividend Payout Ratio (%)0%0%0%29%14%10%0%21%19%16%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 139151152158191207175180192211
Share Capital 5555555555
Reserves 134146147153186202170175187206
Minority Interest0000000000
Debt20000000000
Long Term Debt12000000000
Short Term Debt8000000000
Trade Payables61623655839111473278319
Others Liabilities 124688720231415216987381297
Total Liabilities 343280275414588451458340851828

Fixed Assets

Gross Block1301336872768181838693
Accumulated Depreciation5965511172227323640
Net Fixed Assets71686360605854515053
CWIP 1102110121
Investments 0000000000
Inventories22211914121414102319
Trade Receivables132122419010878128120134210
Cash Equivalents 27566153117593548119130
Others Assets92628694291241227111524415
Total Assets 343280275414588451458340851828

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Dec'23
Cash Flow From Operating Activity 31-106090-38-58-21267117
PBT 8208134729-3041626
Adjustment -41-63-8-311-2-6-1
Changes in Working Capital 22-255676-67-83-12564-4
Tax Paid 4-52-2-100-1-1-3-4
Cash Flow From Investing Activity -3192-302602-19-710
Capex -6131-5-4-2-1-2-4-3
Net Investments 0000000000
Others 361-253113-17-312
Cash Flow From Financing Activity -11-2700-2-6-30-1-3
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -6-1700000000
Interest Paid -3-200000000
Dividend Paid 0000-2-6-20-1-2
Others -3-800000000
Net Cash Flow 17-186160-14-64-2276224
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Dec'23
Ratios
ROE (%)7.19.083.324.3420.1311.92-15.192.616.9210.72
ROCE (%)7.513.975.379.1527.0316.07-15.696.349.7214.07
Asset Turnover Ratio0.620.680.570.890.990.720.440.960.810.79
PAT to CFO Conversion(x)3.44-0.771212.86-1.09-2.42N/A5.25.460.77
Working Capital Days
Receivable Days2452191897873911891189694
Inventory Days29374720101326111211
Payable Days1902132558376153288127193219

John Cockerill India Ltd Stock News

John Cockerill India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of John Cockerill India on 04-Oct-2024 16:01 is ₹5,783.
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 04-Oct-2024 16:01 the market cap of John Cockerill India stood at ₹2,850.5.
The latest P/E ratio of John Cockerill India as of 04-Oct-2024 16:01 is 136.4.
The latest P/B ratio of John Cockerill India as of 04-Oct-2024 16:01 is 13.46.
The 52-week high of John Cockerill India is ₹6,443 and the 52-week low is ₹2,660.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of John Cockerill India is ₹685.8 ( Cr.) .

About John Cockerill India Ltd

John Cockerill India Limited (formerly CMI FPE Limited) was incorporated in 1986. The company was promoted by Late Dr. T R Mehta, a gold medallist in Metallurgy and a leading technocrat, both in India and overseas. Late Dr. Mehta has been internationally recognized for his significant contributions to the Steel Industry and India’s Export initiatives by Indian as well as International Trade related bodies/Associations. The Belgian John Cockerill completed the acquisition of Flat Products Equipments (India) Limited on June 25, 2008.

Today, John Cockerill India has a global footprint across Asia, Africa, Middle East, Europe, North America, South America and therefore complements Jonh Cockerill’s global presence.

The entity hundreds of personnel at its Head Office in Mumbai and two workshops outside Mumbai. These workshops are extremely well equipped with state of the art machineries and Assembly activities conforming to high quality standards.

The company has carved a unique niche for itself owing to its comprehensive design and engineering solutions using state of the art CAD / CAM software that are developed in close collaboration with its Customers and Engineers, thereby producing leading-edge customized equipments.

Business area of the company

The company, over the last many years, has acquired a global leadership position in the design, manufacture, erection and commissioning of Cold Rolling Mill Complexes, Processing Lines, Chemical equipment, industrial furnaces and auxiliary equipments for the worldwide steel industry.

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