JIK Industries Ltd - Stock Valuation and Financial Performance

BSE: 511618 | NSE: JIKIND | Glass | Small Cap

JIK Industries Share Price

0.63 0.00 0.00%
as on 27-Feb'23 18:01

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JIK Industries stock performance -

mw4me loader
P/E Ratio (SA):
381.37
Market Cap:
4.6 Cr.
52-wk low:
0.6
52-wk high:
0.7

Is an attractive stock to invest in?

1. Is a good quality company?

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

2. Is undervalued or overvalued?

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

3. Is a good buy now?

No data found

10 Year X-Ray of JIK Industries:

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.
JIK Industries 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

Jun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -1.4%-556.7%19.2%3%7.4%6.2%1.7%0.1%0%-0%-
Value Creation
Index
-1.1NANANANANANA-1.0-1.0-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1.210.51.20.30.20.20.10.10.51
Sales YoY Gr.--17.1%-50%141.2%-73.2%-33.3%-31.8%-66.7%100%400%-
Adj EPS -0.2-23.8-1.7-0.2-0.2-0.1-00000
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 14.1-11.2-10.1-10.3-10.5-10.6-10.6-10.6-10.6-10.6-10.7
Adj Net
Profit
-1.5-173-12.4-1.3-1.3-1-0.30000
Cash Flow from Ops. 0.10-0.4-1-1.5-0.8-0.8-0.20.10-
Debt/CF from Ops. 31.499.6-7.1-4-3.6-7.3-9-36.3132.110063.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -9.5%8.7%49.4%400%
Adj EPS NANANANA
BVPS-196.9%NANANA
Share Price -2.1% 15.2% 8% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Jun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-1.4-623.218.42.85.84.61.20.10-00
Op. Profit
Mgn %
-20.2-15080.2-2402.6-103.2-389.7-467.9-590.3-855.5-285.9-132-86.8
Net Profit
Mgn %
-121.6-16965.6-2431.2-108-391.5-455.7-178.4-21.7-7.32.20
Debt to
Equity
0-0-0-0.1-0.1-0.1-0.1-0.1-0.1-0.1-
Working Cap
Days
9,4887,7515981553208121,2593,1081,25122349
Cash Conv.
Cycle
7,7536,19667191082653885298111-5,959

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 %

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

Latest Financials - JIK Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 0 -0.1
TTM Sales (₹ Cr.) 0.5 0.5
BVPS (₹.) -10.7 -3.4
Reserves (₹ Cr.) -150 -98
P/BV -0.06 -0.18
PE 381.37 0.00
From the Market
52 Week Low / High (₹) 0.63 / 0.66
All Time Low / High (₹) 0.25 / 472.00
Market Cap (₹ Cr.) 4.6
Equity (₹ Cr.) 72.6
Face Value (₹) 10
Industry PE 35.1

Management X-Ray of JIK Industries:

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 JIK Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSJun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1.230.760.511.230.330.220.150.050.100.50
Operating Expenses 1.47158.9712.972.511.601.271.060.460.401.16
Manufacturing Costs0.140.120.140.140.350.240.130.130.170.25
Material Costs0.590.020.090.470.030.020.100.100.010
Employee Cost 0.440.570.871.040.620.510.500.060.060.13
Other Costs 0.31158.2511.870.860.600.500.330.160.160.78
Operating Profit -0.25-158.21-12.46-1.27-1.28-1.05-0.91-0.41-0.30-0.66
Operating Profit Margin (%) -20.2%-20,708.9%-2,451.3%-103.0%-389.0%-467.0%-590.0%-855.0%-285.0%-132.0%
Other Income 00.020.040.1100.040.640.410.310.68
Interest 0000000000
Depreciation 0.370.090.110.1000.010.010.0100
Exceptional Items -2.91-4.7900000000
Profit Before Tax -3.53-163.06-12.53-1.27-1.28-1.02-0.27-0.010.010.01
Tax 0000000000
Profit After Tax -3.53-163.06-12.53-1.27-1.28-1.02-0.27-0.010.010.01
PAT Margin (%) -288.0%-21,344.3%-2,465.3%-102.0%-391.0%-455.0%-178.0%-21.7%6.3%2.2%
Adjusted EPS (₹)-0.5-22.5-1.7-0.2-0.2-0.10.00.00.00.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 102.38-60.79-73.32-22.32-21.58-22.60-22.67-22.41-22.39-75.41
Share Capital 72.6472.6472.6472.6472.6472.6472.6472.6472.6472.64
Reserves 29.74-133.43-145.96-94.96-94.22-95.24-95.31-95.05-95.03-148.05
Minority Interest0000000000
Debt2.512.462.833.805.326.136.907.097.057.04
Long Term Debt0.130.130.070.01000000
Short Term Debt2.382.332.763.795.326.136.907.097.057.04
Trade Payables0.030.040.0400.010.030000
Others Liabilities -4.8984.3196.1595.7195.7296.0895.4795.1795.2095.06
Total Liabilities 100.0426.0225.7077.2079.4879.6479.6979.8579.8726.69

Fixed Assets

Gross Block18.6618.6618.660.170.190.190.190.200.100.10
Accumulated Depreciation15.2715.4615.580.100.100.110.120.130.030.03
Net Fixed Assets3.393.203.080.070.080.080.080.070.070.07
CWIP 00000.0500000
Investments 67.8924.8924.6476.9178.9378.9379.1479.4179.4126.35
Inventories0.130.140.070.050.120.220.110.010.010.01
Trade Receivables25.73000.030000.010.010
Cash Equivalents 0.030.050.020.040.010.020.020.010.030.02
Others Assets2.88-2.26-2.120.100.280.380.350.330.330.25
Total Assets 100.0426.0225.7077.2079.4879.6479.6979.8579.8726.69

Cash Flow

(All Figures are in Crores.)
PARTICULARSJun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.080.02-0.40-0.95-1.48-0.84-0.77-0.200.050
PBT -3.53-158.27-12.53-1.27-1.28-1.04-0.27-0.010.010.01
Adjustment 3.2843.097.160.5800.030.010.010.020.04
Changes in Working Capital 0.331204.97-0.26-0.20.17-0.5-0.190.03-0.05
Tax Paid 0000000000
Cash Flow From Investing Activity 0000-0.060.040000
Capex 0000-0.060.040000
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity -0.0700.370.971.520.810.770.19-0.04-0.01
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00-0.070000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others -0.0700.440.971.520.810.770.19-0.04-0.01
Net Cash Flow 0.010.02-0.030.02-0.0200-0.010.02-0.01
PARTICULARSJun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-3.39N/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)-3.3N/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.010.010.020.02000000.01
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/A50
Working Capital Days
Receivable Days7,6566,14615171092350
Inventory Days11165771893272395482469
Payable Days2767314915744020000

JIK Industries Ltd Stock News

JIK Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of JIK Industries on 27-Feb-2023 18:01 is ₹0.63.
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 27-Feb-2023 18:01 the market cap of JIK Industries stood at ₹4.58.
The latest P/E ratio of JIK Industries as of 27-Feb-2023 18:01 is 381.4.
The latest P/B ratio of JIK Industries as of 27-Feb-2023 18:01 is -0.06.
The 52-week high of JIK Industries is ₹0.66 and the 52-week low is ₹0.63.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JIK Industries is ₹0.50 ( Cr.) .

About JIK Industries Ltd

JIK Industries is a public limited, listed company. It was incorporated in1990 and went public in 1994. It is listed on the premier stock exchanges in India, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

JIK Industries Limited (JIK) is the single largest and sole producer and distributor of branded, hand-made, lead-free crystal glassware in India. It is the preferred supplier to the domestic hospitality market of the glassware industry and caters to most of the star hotels chains. It has combined Swedish manufacturing techniques and designs with abundant cheap and skilled labor in India to create exquisite Scandinavian hand-blown crystal glassware at prices that are Indian.

The company manufactures lead-free crystal glassware as the company is conscious of the harmful effects of lead on the environment and in personal consumption.

The company follows the traditional method of producing handmade crystal with the help of blowpipes. This process is practiced almost all over the world because of the flexibility it gives in working and in maintaining the high quality standard for production of crystal. The basic design and layout of the furnaces was developed in consultation with Swedish technicians.

The company's Swedish technical collaborator Lindshammar Glasbruk AB, established in 1905, has become a part of the CG Holding group. The glassworks lies centrally within the “glass kingdom” of Smaland in Sweden and Lindshammar Glasbruk AB is best known as the “colorful glassworks”. The CG Holding group also own the Norwegian glassworks Hadeland Glasverk and in Sweden they own Steninge Palace Cultural Center and DUKA stores - famous for crystalware, glass, porcelain and tableware.

Product range of the company includes:

Utilities 

  • Glasses/Tumblers   
  • Stemware/Wine Goblets
  • Beer Glasses/Mugs   
  • Decanters
  • Jars/Jugs    
  • Bowls     
  • Plates/Dishes   
  • Ashtrays/Coasters 
  • Napkin Rings & Holders  
  • Ice Buckets  

Decorative

  • Trophies
  • Rocks
  • Flowers/Trees
  • Vases
  • Clocks
  • Paper Weights
  • Candle Holders
  • Pendants
  • Art pieces
  • Figurines (Birds, Animals, Fruits, Vegetables) 
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