Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
1. Is Jindal Poly Films Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Jindal Poly Films Ltd is a average quality company.
2. Is Jindal Poly Films Ltd undervalued or overvalued?
The key valuation ratios of Jindal Poly Films Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Jindal Poly Films Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Jindal Poly Films Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||7.9%||9.7%||9.8%||4.6%||6.1%||1.3%||19%||24.4%||26%||16.8%||-|
|Value Creation Index ⓘ||-0.4||-0.3||-0.3||-0.7||-0.6||-0.9||0.4||0.7||0.9||0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||5.5%||-4.7%||-2%||13.8%||21.9%||-1.8%||15.4%||44%||-57.7%||-|
|Adj EPS ⓘ||23||37.2||44.7||18||29||0.6||108.8||175.8||245.7||207.4||354.5|
|YoY Gr. Rt. %||-||62%||20.1%||-59.7%||60.8%||-97.9%||17440.3%||61.7%||39.8%||-15.6%||-|
|BVPS (₹) ⓘ||299.4||352.3||394.3||412||414.5||333.2||411.5||590.2||861.4||1,254.6||1,284.2|
|Adj Net Profit ⓘ||96.6||163||196||78.9||127||2.7||476||770||1,076||908||1,552|
|Cash Flow from Ops. ⓘ||380||82.6||269||301||288||455||355||897||730||-417||-|
|Debt/CF from Ops. ⓘ||1.3||6.7||2.8||3.5||3.4||2.4||3.9||1||1.7||-1.8||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||27.7%||48.3%||24%||-15.6%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||8.1||11.6||12||4.5||7||0.2||29.2||35.1||33.9||19.6||27.9|
|Op. Profit Mgn % ⓘ||11.1||10.7||13.5||8.6||10.1||12||18.7||27.1||24.4||17.6||5.2|
|Net Profit Mgn % ⓘ||3.7||5.9||7.4||3||4.3||0.1||13.5||18.9||18.3||36.6||145.9|
|Debt to Equity ⓘ||0.4||0.4||0.4||0.6||0.5||0.7||0.8||0.3||0.3||0.1||-|
|Working Cap Days ⓘ||146||118||93||100||111||102||104||109||112||287||0|
|Cash Conv. Cycle ⓘ||33||23||23||26||31||32||33||32||33||60||0|
Net Profit is growing at healthy rate in last 3 years 24.02%
Return on Equity has declined versus last 3 years average to 27.90%
Sales growth has been subdued in last 3 years -11.08%
Sales growth is not so good in last 4 quarters at -82.09%
|TTM EPS (₹)||354.5||23.2|
|TTM Sales (₹ Cr.)||1,064||3,867|
|BVPS (₹.) ⓘ||1,284.2||983.2|
|Reserves (₹ Cr.) ⓘ||5,579||4,261|
|From the Market|
|52 Week Low / High (₹)||485.00 / 921.45|
|All Time Low / High (₹)||9.05 / 1444.40|
|Market Cap (₹ Cr.)||2,952|
|Equity (₹ Cr.)||43.8|
|Face Value (₹)||10|
|Industry PE ⓘ||34.3|
Jindal Poly Films (JPFL) is a part of Rs 30 billion B C Jindal group, a 50-year old industrial group offering a wide range of products. The group has promoted a number of companies over the years and is involved in diverse activities including manufacturing of polyester film, polypropylene film, steel pipes and photographic products.
JPFL is the largest manufacturer of BOPET and BOPP films in India. The company produces BOPET film, BOPP film, metalized BOPET film and BOPP film, coated BOPET and BOPP films, polyester chips (for captive consumption in the BOPET film)
From being only a polyester yarn producer in 1985, JPFL diversified in 1996 into BOPET film production. In 2003, JPFL commenced production of BOPP film and metallised film. JPFL commenced production of coated film products by July 2005. JPFL capabilities were strengthened by the acquisition in November 2003 of Rexor SAS, in France, which produces metallised and coated films as well as tear tape, stamping foil, security thread and other high-value products. JPFL plant at Nasik, Maharashtra is the worldâ€™s largest single location plant for the manufacture of BOPET and BOPP films.
The company is the world's 5th largest BOPET Film manufacturers in the world. It is in the league of top five producers of BOPP Films in the world after the expansion.
Rexor makes and sells a broad range of metallised and coated BOPET films for preserving food products and is a market leading producer of â€œtear tapeâ€ for easy opening of cheese portions and laminated films used in the packaging of luxury products such as cosmetics and perfumes. It is the leading independent producer of security threads for bank notes. The company also produces film for decoration, insulation, aeronautics and sun protection. It holds proprietary technologies for laser demetallisation of security threads and other bank note security applications and for slitting films into widths as short as 0.20 millimeters.
In 2012 Jindal Poly Films entered into an agreement with ExxonMobil Chemical (ExxonMobil) to purchase ExxonMobil's BOPP Global Film business.
â€¢ 1985 Commenced manufacturing of POY at Gulahoti, Bulandshahar, UP.
â€¢ 1992 Backward integration into manufacturing of polyester chips for captive consumption
â€¢ 1996 Diversified into manufacturing BOPET films at Nasik.
â€¢ 2000 Installed a new thick BOPET film manufacturing facility
â€¢ 2003 Diversified into manufacturing BOPP and metallised films at Nasik. Acquired Rexor, France in November 2003 for Euro 8.5 million
â€¢ 2005 Started second 8.7 meters width BOPET films line with a capacity of 25000 tonnes per annum. Started 5 Layer 8.2 meters width BOPP films line with a capacity of 32000 tonnes per annum.
â€¢ 2006 Started second 8.2 meters width BOPP films with a capacity of 45000 tonnes per annum.
â€¢ 2007 Started 3rd 8.2 meters width BOPP line with a capacity of 45000 tonnes per annum.
â€¢ 2009 Started two 8.7 mtrs width BOPP lines with a capacity of 45000 tpa each.
â€¢ 2010 Started 3rd 8.7 mtrs BOPET line with a capacity of 30000 tpa.
* Between 2003-2011 -----9 Metallizer have been installed with a total capacity of 53640 tpa.
1. PET Films
Polyester film commonly known as PET film is a versatile film, which has a vast range of applications. The film provides a strong barrier to moisture, odour and gases making it suitable for use in flexible packaging. Its high tensile strength, thermal and chemical stability makes it suitable for a multitude of applications in electric insulation, office supplies, graphic arts, magnetic media imaging, metallic yarn and industrial applications.
2. BOPP Films
Polypropylene film commonly known as BOPP is widely used for food packaging, textile bags, overwraps for cigarette and personal products, adhesive tapes and labels. BOPP film possesses dimensional stability, high tensile strength, good stiffness, high clarity, excellent printability and most importantly, heat sealability.
3. Metalized Films
JPFL has four wide width metallizers with plasma treatment facilities for enhanced shelf life and barrier properties. Two more metallizers of 2850 mm width are being installed by Jan & March 2008.
4. Coated Films
As a part of the forward integration of BOPP and PET Films, JPFL installed two coating lines for manufacturing of entire range of specialty coated films like PVdC, Acrylic, Low Temperature Seal and High Seal Integrity coatings.
5. Poly Chips
Jindal Group stands for the highest Polyester films, polyester chips and resins production facilities, with plants located at Nasik to cater to captive consumption.
â€¢ One 8.7 meters wide 25000 tonnes per annum capacity BOPET film by June 2009.
â€¢ Two 8.7 meters wide with a capacity of 60000 tonnes per annum BOPP films by 2009-10.
â€¢ Two expansion coating lines with a capacity of 9000 MT in mid 2009.
â€¢ Two more metalizer with a capacity of 20000 tonnes per annum in 2010.