Jolly Board Ltd Stock Analysis

BSE: 502335 | NSE: | Wood & Wood Products | Small Cap

BSE Share Price
Not Listed

DeciZen - Make an Informed Decision on Jolly Board

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

2. Valuation

Undervalued

3. Price Trend

Jolly Board Price Chart

P/E Ratio (SA) :
22.15
Market Cap :
450.1 Cr.
52-wk low :
971
52-wk high :
990
Bole Toh?

1. Is Jolly Board Ltd. a good quality company?

Data is not available for this company.

2. Is Jolly Board Ltd. undervalued or overvalued?

No data found

3. Is Jolly Board Ltd. a good buy now?

No data found

10 Year X-Ray of Jolly Board:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 5.9%5.6%7.1%10.5%11.7%20.3%14.1%11.8%8.2%8.2%-
Value Creation Index -0.6-0.6-0.5-0.3-0.20.50.0-0.2-0.4-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 68.180.782.581.8878091.374.891.975.475
YoY Gr. Rt. %-18.5%2.2%-0.8%6.3%-8.1%14.2%-18.1%22.9%-18%-
Adj EPS 16.416.621.433.5400.4780601.6540.7400.842944.7
YoY Gr. Rt. %-1.7%28.6%56.7%1094.8%94.8%-22.9%-10.1%-25.9%7%-
BVPS (₹) 287.7313.9318.8321.33,497.84,074.64,522.84,776.25,0945,441319.9
Adj Net Profit 7.47.69.715.218.235.527.424.618.219.520
Cash Flow from Ops. 6.98.41.8-16.95.9-4.4-16.5-6.218.627.3-
Debt/CF from Ops. 0.61.67.3-1.71.9-0.80000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.1%-2.8%-6.2%-18%
Adj EPS 43.8%1.4%-10.7%7%
BVPS 38.69.26.46.8
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 5.65.46.710.511.920.61411.68.18.11.6
Op. Profit Mgn % 10.713.718.315.413.75.64.22.425.429.614.4
Net Profit Mgn % 10.99.411.818.620.944.43032.919.825.927
Debt to Equity 00.10.10.20.100000-
Working Cap Days 3341511591651502543133812913090
Cash Conv. Cycle 353036353844374931210

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Jolly Board Ltd.

Standalone Consolidated
TTM EPS (₹) 44.7 -
TTM Sales (₹ Cr.) 75.4 -
BVPS (₹.) 319.9 -
Reserves (₹ Cr.) 141 -
P/BV 3.09 -
PE 22.15 -
From the Market
52 Week Low / High (₹) 971.00 / 990.00
All Time Low / High (₹) 16.57 / 1000.86
Market Cap (₹ Cr.) 450
Equity (₹ Cr.) 4.6
Face Value (₹) 10
Industry PE 25.1

Management X-Ray of Jolly Board :

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 Jolly Board

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Jolly Board Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Jolly Board 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 Jolly Board stood at ₹ 450.1.
The latest PE ratio of Jolly Board as of 01-Jan-1970 05:30 is 22.15.
The latest PB ratio of Jolly Board as of 01-Jan-1970 05:30 is 3.09
The 52-week high of Jolly Board is ₹ 990.0 and the 52-week low is ₹ 971.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Jolly Board is ₹ 75.35 ( Cr.) .

About Jolly Board Ltd

Nearly forty-five years ago, Anil Hardboards Ltd. was founded in a sleepy satellite village called Kanjur on the outskirts of bustling Mumbai. It was a pioneering organisation, the first to manufacture fibreboards in India. Inaugurated in 1958, by the late Prime Minister of India, Lal Bahadur Shastri, this plant, the brainchild of our Founder G R Jolly, still has the distinction of being the most modern and fully automated plant in Asia. In 1985, to identify with their widely popular, product brand names, the company changed its name from Anil Hardboards Ltd. to Jolly Board Ltd.

Jolly Board manufactures softboard and bitumen impregnated softboard at two manufacturing sites based in Western India at Aurangabad and Sangli.The company has four mills for the production of Softboard, Bitumen Impregnated Softboard and mineral wool board. These four units produce 100,000 cubic meters of Soft Board annually.

The company is committted to customer satisfaction and product development. The boards manufactured by Jolly Board are comparable to the best in the world. An extensive dealer network is the company's forte, and is in no small measure responsible for our expanding sales.

Jolly Board's manufacturing plants use either bagasse, bagasse pith, or natural gas fired boilers. This ensures that their chimneys do not release any toxic emissions.The company’s high quality products are processed mostly from agro waste thus, conserving valuable natural resources. These agro waste products have been declared environment friendly by the Government of India and enjoy full excise exemptions.

The company's contribution to Mumbai, the concrete jungle, is a beautiful stretch of nearly 100 trees along the promenade at Haji Ali and another at the G  R Jolly Marg at Kanjur Marg.

The company produces a wide range of hardboards and softboards that strive to meet India's industrial and domestic requirements. The company exports 50% of it's softboard production.

The comprehensive product range manufactured includes hardboards and softboards in various thickness and multiple surface textures. Value added products manufactured include, perforate boards, prepainted boards, clipboards, blackboards, pin-boards, etc. The company also offers exclusive products like non-combustible and acoustical ceiling tiles and a false ceiling suspension framework for complete ceiling installation.

Jolly Board products are used by quality conscious builders, architects and direct consumers. The boards are used everywhere...in homes and offices, in stores and schools, in automobiles and trains, for packaging and interlining etc.

Jolly Board's manufacturing plants use either bagasse, bagasse pith, or natural gas fired boilers. This ensures that its chimneys do not release any toxic emissions.

Products range of the company includes:

  • Hardboards
  • Softboards

Value Added Products :-Perforate Boards, Prepainted Boards, Clipboards, Blackboards, Pin-Boards, Non-Combustible Tiles, Acoustical Ceiling Tiles, False Ceiling, Suspension Framework

Achievements/ recognition :

  • In recognition of the company's efforts, the ministry of commerce, Government of India has bestowed  the privileged Green Card (IEC No. 0388113740) on the company.
  • Also it has also received the Special Export Award from CAPEXIL, year after year.
  • The `I Love Mumbai' committee lauded their efforts of nurturing 100 trees at Haji Ali, which were illuminated for the millenium celebrations, with a prestigious award.
  • ISO 9001:2000 certifications achieved.
  • Jolly Board is India's largest fibreboard manufacturer.
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