Jocil Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: JOCIL | Chemicals | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Jocil

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

1. Quality

2. Valuation

Undervalued

3. Price Trend

Jocil stock performance -

mw4me loader
P/E Ratio (SA):
48.35
Market Cap:
153 Cr.
52-wk low:
0
52-wk high:
0

Is Jocil Ltd an attractive stock to invest in?

1. Is Jocil Ltd a good quality company?

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

2. Is Jocil Ltd undervalued or overvalued?

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

3. Is Jocil Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jocil 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 Jocil:

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.
Jocil 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 % 7.7%8.7%11.2%5.7%2.3%2.4%6%7.3%3.5%5.3%-
Value Creation
Index
-0.5-0.4-0.2-0.6-0.8-0.8-0.6-0.5-0.8-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 375331393376341402446565754919771
Sales YoY Gr.--11.9%18.9%-4.4%-9.1%17.9%10.9%26.7%33.3%22%-
Adj EPS 12.714.619.610.43.73.811.715.37.911.53.6
YoY Gr.-14.3%34.6%-47.1%-64.4%4.1%205.2%30.5%-48.4%45.3%-
BVPS (₹) 159.9166.9178.6189.4193.8195.6203.3220.8229.3232.4232.4
Adj Net
Profit
11.312.917.49.23.33.410.413.6710.23
Cash Flow from Ops. 31.811.411.4-7.938.8-3.78.814.2-1737.9-
Debt/CF from Ops. 0.40.90.8-3.60.2-2.310.1-0.30-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.5%21.9%27.2%22%
Adj EPS -1.2%25.4%-0.8%45.3%
BVPS4.2%3.7%4.6%1.4%
Share Price - 8.7% 5.7% 13.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
8.18.911.35.61.925.97.23.551.5
Op. Profit
Mgn %
7.17.684.53.21.84.33.72.120.9
Net Profit
Mgn %
33.94.42.510.92.32.40.91.10.4
Debt to
Equity
0.10.10.10.200.10.1000-
Working Cap
Days
139141130180207141125112947544
Cash Conv.
Cycle
79868092106889180675534

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 27.24%

Return on Equity has declined versus last 3 years average to 1.50%

Net Profit has been subdued in last 3 years -0.75%

Sales growth is not so good in last 4 quarters at -16.06%

Latest Financials - Jocil Ltd.

Standalone Consolidated
TTM EPS (₹) 3.6 -
TTM Sales (₹ Cr.) 771 -
BVPS (₹.) 232.4 -
Reserves (₹ Cr.) 198 -
P/BV 0.74 -
PE 48.35 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 153
Equity (₹ Cr.) 8.9
Face Value (₹) 10
Industry PE 47

Management X-Ray of Jocil:

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

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
Sales375331393376341402446565754919
Operating Expenses 349305361360331396427545738902
Manufacturing Costs564659494663757273103
Material Costs262227264274250293311432620750
Employee Cost 19202523222529303233
Other Costs 12131414121613121316
Operating Profit 2625321611719211518
Operating Profit Margin (%) 7.0%7.6%8.0%4.1%3.1%1.7%4.3%3.6%2.0%1.9%
Other Income 2253226112
Interest 2112111101
Depreciation 10787766676
Exceptional Items 0000000000
Profit Before Tax 162027105118151013
Tax 57921-25223
Profit After Tax 1113188431214710
PAT Margin (%) 3.0%4.0%4.6%2.2%1.2%0.8%2.8%2.4%0.9%1.1%
Adjusted EPS (₹)12.814.820.49.24.63.614.115.38.011.3
Dividend Payout Ratio (%)39%41%34%32%43%28%21%20%25%22%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 142148159168172174181196204206
Share Capital 9999999999
Reserves 133139150159163165172187195198
Minority Interest0000000000
Debt1211928788242
Long Term Debt0000000000
Short Term Debt1211928788242
Trade Payables20101532131232353226
Others Liabilities 69317271702326303023
Total Liabilities 243200254300262217247263270257

Fixed Assets

Gross Block1741747174757782859194
Accumulated Depreciation100107815222733374450
Net Fixed Assets74676359545048484744
CWIP 0112145630
Investments 1113169220935
Inventories615654555657737810883
Trade Receivables45486191495781857473
Cash Equivalents 77515181824847
Others Assets55206975682214172615
Total Assets 243200254300262217247263270257

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 321111-839-4914-1738
PBT 162027105118151013
Adjustment 11677764665
Changes in Working Capital 13-8-10-2228-12-7-3-2924
Tax Paid -8-6-13-2-10-6-4-4-3
Cash Flow From Investing Activity 0-500-95-1-2014-29
Capex -1-1-3-4-1-3-5-8-2-1
Net Investments 0000-1073-1414-30
Others 1-344221121
Cash Flow From Financing Activity -31-7-1418-26-2-2-10-1-6
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000000002-3
Interest Paid -2-1-1-2-1-1-1-10-1
Dividend Paid -5-4-120-3-2-1-3-3-2
Others -24-2-119-2220-600
Net Cash Flow 20-210406-16-43
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)8.159.0311.795.022.411.847.057.233.574.88
ROCE (%)11.0813.2517.456.543.391.4810.078.434.86.67
Asset Turnover Ratio1.711.661.91.491.241.681.922.222.833.49
PAT to CFO Conversion(x)2.910.850.61-19.75-1.330.751-2.433.8
Working Capital Days
Receivable Days43464668734857543929
Inventory Days51584648585153494538
Payable Days21241732331626282014

Jocil Ltd Stock News

Jocil Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Jocil on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Jocil stood at ₹153.0.
The latest P/E ratio of Jocil as of 01-Jan-1970 05:30 is 48.35.
The latest P/B ratio of Jocil as of 01-Jan-1970 05:30 is 0.74.
The 52-week high of Jocil is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jocil is ₹771.0 ( Cr.) .

About Jocil Ltd

Jocil is engaged in producing fatty acids, glycerin and soaps. Jocil was incorporated in 1978 as Andhra Pradesh Oil and Chemical Industries. The company’s product portfolio includes stearic acid flakes, fatty acids, toilet soaps, soap noodles and glycerine. 

These products have applications in area of pharmaceuticals, cosmetics, textiles, paints, plastics, tyres, tread rubber, Metal Polish and other industries. The company has clientele namely HUL, Henkel, Johnson & Johnson, Reckitt Benckiser, Jyothy Laboratories, Emami, BASF, Birla Tyres, Claraint, Berger Paints, Sun Pharmaceutical and MRF Tyres.

Jocil has a manufacturing capacity of 67,500 TPA (fatty acids), 1,800 TPA (glycerine) and 25,000 TPA (soaps). Based at Dokiparru, the company also has a captive power plant with 6 MW capacity.

Products

The company manufactures oleochemicals such as stearic acid, distilled fatty acid, fractioned fatty acids and refined glycerine.

Jocil manufactures toilet soaps, soap noodles and special products. It also undertakes contract manufacturing for various companies.

Andhra Sugars (Parent Company)

Andhra Sugars has business interests in organic and inorganic chemicals, edible and non-edible vegetable oils and non-conventional power generation.

It is engaged in manufacturing and marketing of sugar, chemicals such as caustic soda, acetic acid, industrial alcohol, sulphuric acid, hydro chloric acid, sulphur trioxide and aspirin.

Milestones

1978- The company was incorporated as Andhra Pradesh Oil and Chemical Industries.

1982- The company was renamed as Jayalakshmi Oil and Chemical Industries.

1988- The company became subsidiary of Andhra Sugars (ASL) on 27 October 1988.

1992- The company was renamed as Jocil.

2001-The company set up a 6 MW biomass co-generation power plant to meet captive requirements of steam and power. 

2003- The company celebrated 25 year of experience in field of manufacturing of stearic acid flakes, fatty acids, toilet soaps, soap noodles and glycerine.  

2004- The company received ISO 9001:2000 Certification by DNV for quality management.

2005 - Ventured into Wind energy.

2009 - Wind farm is registered as CDM Project with UNFCCC in Year 2009.

2010 - ISO 9001:2008 Certification by DNV

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