Jasch Industries Ltd Stock Analysis

BSE: 500220 | NSE: JASCHIND | Textile - Weaving | Small Cap

BSE Share Price Jan 17, 12:23
141.85 -0.25 (-0.18%)

DeciZen - Make an Informed Decision on Jasch Inds.

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

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

10 Year X-Ray:

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 12%8.8%9.2%10%11.9%11.6%10.7%13.9%13.1%17.6%-
Value Creation Index -0.2-0.4-0.4-0.3-0.2-0.2-0.2-0.0-0.10.3-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 78.480.587.794.798.4104130153130134183
YoY Gr. Rt. %-2.7%9%7.9%4%6.2%24.8%17.4%-15.3%3.6%-
Adj EPS 2.91.822.63.74.14.57.26.510.114.2
YoY Gr. Rt. %--37.8%11.2%32.3%41.2%11.6%8%61.7%-10%55.3%-
BVPS (₹) 21.623.224.927.631.235.440.247.151.161.467.7
Adj Net Profit 3.222.334.24.75.18.27.411.416
Cash Flow from Ops. 7.97.48.73.87.2119.311.77-2.8-
Debt/CF from Ops. 2.72.41.64.321.92.220.5-1.3-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 6.2%6.4%1%3.6%
Adj EPS 15%22.2%31.2%55.3%
BVPS 12.314.515.220.1
Share Price 25.6% 18.8% 39.7% 219.1%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 14.188.31012.612.411.816.513.217.922
Op. Profit Mgn % 11.610.19.99.211.2119.49.610.813.213
Net Profit Mgn % 4.12.52.63.14.34.53.95.35.78.58.8
Debt to Equity 0.90.70.50.50.40.50.50.40.10.10
Working Cap Days 153150133122125130132119139172148
Cash Conv. Cycle 7173706871686054616385

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 22.00%

Net Profit is growing at healthy rate in last 3 years 31.23%

Sales growth is good in last 4 quarters at 86.15%

Sales growth has been subdued in last 3 years 0.99%

Latest Financials - Jasch Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 14.2 3.1
TTM Sales (₹ Cr.) 183 133
BVPS (₹.) 67.7 0
Reserves (₹ Cr.) 65 50
P/BV 2.10 0.00
PE 10.03 45.30
From the Market
52 Week Low / High (₹) 38.25 / 174.00
All Time Low / High (₹) 0.70 / 174.00
Market Cap (₹ Cr.) 161
Equity (₹ Cr.) 11.3
Face Value (₹) 10
Industry PE 21.8

Management X-Ray:

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

Analyst's Notes

News

About Jasch Industries Ltd

Jasch Industries (India) is in automation industry, market leader for metal or flat sheet industrial measurement systems, started in year 2000 as a part of Jasch group. The company's world class products for online inspection are produced after exhaustive research at Sonipat facility.

Instruments like Thickness gauge, Coating thickness Gauge, Paint thickness gauge, basis weight/ash/moisture measurement with Paper Gauge along with quality control systems (QCS) are manufactured for industries like Paper, Plastic films, Lamination, Aluminum, Rolled steel, Galvanized, Paint coated metal, Float glass and will continue to extend that lead by delivering compelling business solutions, business-focused hardware, software products, robust service and support, above all cost effective solutions with performance enhancing electronic precision products and tools. System Measures various parameters with high accuracy at online production lines and mills by electronic non-destructive and non-contact gauge instruments.

As a prime mover & shaker in the flat product manufacturing industries for automation by our gauging power equipments, the company is striving hard to cut costs & become one of the major suppliers in the world for industrial quality inspection products.

Other group activities are in synthetic leather, non-woven, chemicals etc. In year 2006 a new company has been founded for Level II automation in steel plants with 50% partnership of German company - Gesco mbH. 

Product range of the company includes:

1. Metals

  • Zinc coating weight gauges for Galvanizing lines
  • Thickness gauges (X-ray and isotope) for cold rolling mills
  • Paint thickness gauges for color coating lines

2. Paper & Board

  • Quality Control System for paper, board and tissue machines
  • MD control of BW, MOI and ASH
  • CD control of Caliper, MOI and BW

3. Plastic Foil and Sheet

  • Thickness gauges for Cast or extruded films & sheet
  • Bi-oriented films stretching
  • PVC and Rubber Calendars
  • Automatic Profile Control system for cast film lines
  • Lamination machines
  • Extrusion coating

Achievements/ recognition :

  • An ISO 9001:2000 certified company.
  • European Agency for Safety and Health at Work has provided them with safety certification.
  • US Department of Labor Occupational Safety & Health Administration  has provided them with safety certification.
  • Atomic Energy Regulatory Board (AERB), India has provided them with safety certification.
Read More Read Less