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Jaysynth Dyestuff (India) Ltd. Stock Analysis

Small Cap
Evaluated by 154 users | BSE: 506910 | NSE: JAYDYSTUF |
Dyes & Pigments
Jaysynth Dyestuff (India) Ltd. was set up in 1971 with the main objective of manufacturing and marketing reactive dyes. Starting from a modest production of 6 metric tonnes the company has today become one of the largest dyes and pigments businesses in India.The company’s first foray...

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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 11.85%14.21%16.52%16.04%8.52%8.64%5.2%2.34%4.41%3.09%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 94.391.7122129120119120118118112
Y-o-Y Gr. Rt.--2.7%33.5%5.5%-7.1%-0.7%0.4%-1.7%0.5%-4.9%
Adjusted EPS (Rs.) 4.425.97.738.835.315.973.811.73.382.33
Y-o-Y Gr. Rt.-33.5%31%14.2%-39.9%12.4%-36.2%-55.4%98.8%-31.1%
Book Value per Share (Rs.) 40.7544.3752.161.8567.5374.378.8380.5984.386.59
Adjusted Net Profit 3.85.16.77.74.65.23.31.52.92
Net Op. Cash Flow (Rs. Cr.) 3.159.72.81.53.81.4-0.68.11.6
Debt to Cash Flow from Ops 0000000000.09
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.
Jaysynth Dyestuff (India) Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 2%-1.3%-2.1%-4.9%
Adjusted EPS -6.9%-15.2%-15.1%-31.1%
Book Value per Share 8.75.13.22.7
Share Price 12% -2.1% -13.7% -1.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 11.3313.7216.0215.58.218.414.972.134.12.73
Operating Profit Margin (%) 6.358.418.539.086.837.265.343.454.843.95
Net Profit Margin (%) 4.075.595.485.943.854.352.761.252.481.8
Debt to Equity 0000000000
Working Capital Days 160170137154192211203207206212
Cash Conversion Cycle 4954384159718194100117
Entity Percentage Holding
Promoters 74.75%
Institutions 0.07%
Non-Institutions 25.17%
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 Jaysynth Dyestuff (India) Ltd.'s performance infers:

Jaysynth Dyestuff (India) Ltd. earnings have declined by -15.2%, whereas share price has depreciated -2.1% 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 Jaysynth Dyestuff (India) Ltd. share prices over the last 10 years. Here is what we found out:

Jaysynth Dyestuff (India) Ltd. share price has depreciated 8.5% annually over the past ten years.

Jaysynth Dyestuff (India) Ltd. was set up in 1971 with the main objective of manufacturing and marketing reactive dyes. Starting from a modest production of 6 metric tonnes the company has today become one of the largest dyes and pigments businesses in India.

The company’s first foray into the export market was made in 1976. This marked an important trend reversal for India – from a net importer of dyes to exporter, with Jaysynth leading the export drive.

Jaysynth's

Jaysynth Dyestuff (India) Ltd. was set up in 1971 with the main objective of manufacturing and marketing reactive dyes. Starting from a modest production of 6 metric tonnes the company has today become one of the largest dyes and pigments businesses in India.

The company’s first foray into the export market was made in 1976. This marked an important trend reversal for India – from a net importer of dyes to exporter, with Jaysynth leading the export drive.

Jaysynth's products are now exported to over 50 countries, including the very countries from which dyes were imported earlier. The bulk of its production comes from four highly versatile manufacturing facilities in New Bombay, Patalganga, Taloja and Vapi.

Today, Jaysynth has grown into a professionally managed group with annual revenues of $ 40 million.Jaysynth’s corporate policy can be summed up as customer satisfaction, reliability, innovation, quality and service.

The company is one of India’s largest dyes, pigments and digital ink business and a premier supplier of products and services to the textiles, plastics, printing inks and paint industry – globally.

Jaysynth has consistently delivered unsurpassed quality, innovative solutions and created value for clients for over 30 years. Its customers include some of the worlds leading companies.

Jaysynth is focused on creating and delivering value for its customers by helping them improve efficiencies, become more cost competitive, expand their markets and differentiate.

Product range of the company includes:

  • Reactofix - Reactive Dyes
  • Terenix - Disperse Dyes
  • Dynon - Vat Dyes
  • Jaysol - Solvent Dyes
  • Pigmeron – Pigments
  • Digifix - Solvent Inks
  • Digitex - R Reactive Inks
  • Digitex - DT Disperse Inks 

The Jaysynth Group comprises of the following companies:

  • Jaysynth Dyestuff (India) Ltd - Pigments
  • JD Orgochem Ltd  - Dyes and Agrochemicals
  • Jaysynth Anthraquinone Ltd - Intermediates
  • Jaysynth Polychem Ltd  - Pigment Preparations for Plastics
  • Jaysynth (Europe) Ltd - Distribution in Europe

 Achievements/ recognition :

  • 1983-1984 -First Export Award (Chemexil)  
  • 1984-1985 -First Export Award (Chemexil)   
  • 1985-1986 -First Export Award (Chemexil)   
  • 1986-1987 -Top Export Award (Chemexil)  
  • 1987-1988 -Trishul Award (Chemexil)   
  • 1991-1992 -Trishul Award (Chemexil)   
  • 1995-1996 -Second Award - Outstanding Performance: Domestic Market (DMAI)  
  • 1995-1996 -Excellent Performance: Exports (DMAI) 
  • 1996-1997 -First Award - Excellent Performance: Exports (DMAI)   
  • 1997-1998 -First Award - Excellent Performance: Exports (DMAI)  
  • 1997-1998 -First Award – Outstanding Performance: Domestic Market (DMAI)  
  • 2001-2002- Excellent Performance: Exports of Pigments (DMAI)  
  • 2003-2004-Certificate of Merit - Outstanding Performance Domestic Market 
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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