Jyoti Structures Ltd Stock Analysis

BSE: 513250 | NSE: JYOTISTRUC | Transmission Towers / Equipments | Small Cap

BSE Share Price 04-Oct-2022 18:01
16.50 -0.40 (-2.37%)

DeciZen - Make an Informed Decision on Jyoti Structures

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Jyoti Structures Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
1,047 Cr.
52-wk low :
12.7
52-wk high :
26
Bole Toh?

1. Is Jyoti Structures Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Jyoti Structures Ltd is a average quality company.

2. Is Jyoti Structures Ltd undervalued or overvalued?

The key valuation ratios of Jyoti Structures Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Jyoti Structures Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jyoti Structures Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Jyoti Structures:

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.
Jyoti Structures Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 18.1%14%11.9%0.1%-2.7%-18.6%-169.9%259%73.3%21.5%-
Value Creation Index 0.30-0.2-1.0-1.2NANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,5922,8023,3262,7822,49285025598.22.1020
YoY Gr. Rt. %-8.1%18.7%-16.4%-10.4%-65.9%-70%-61.5%-97.9%-100%-
Adj EPS 11.58.12.5-26.7-49-130.3-379.6-162.5-212.9-159.7-6.3
YoY Gr. Rt. %--30.1%-69.6%-1188.2%NANANANANANA-
BVPS (₹) 80.387.291.154.49.3-126.3-506.8-665.9-876.2-1,0362.4
Adj Net Profit 94.866.320.2-292-536-1,427-4,158-1,780-2,332-1,749-402
Cash Flow from Ops. -50.951.359.3-1,098-1,591261889-9.8-1.3-2-
Debt/CF from Ops. -15.41920.8-2.4-3.120.26.4-648.4-5463.3-3647-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS -233.9%NANANA
BVPS -232.9-35700
Share Price -10.6% 8.2% 68.5% 5.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 159.42.7-41.6-147223.1119.927.727.616.71.2
Op. Profit Mgn % 13.311.99.74.13.3-59.3-1220.9-683.7-41062.30-151.1
Net Profit Mgn % 3.72.40.6-10.5-21.5-167.9-1632-1811.7-112644.30-2004.3
Debt to Equity 1.21.31.64.247.8-3.8-1-0.9-0.7-0.7-
Working Cap Days 2552993425657632,3445,6289,1463,44,27000
Cash Conv. Cycle 1321531382234451,6634,1767,5863,08,52100

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 1.20%

Sales growth has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Jyoti Structures Ltd.

Standalone Consolidated
TTM EPS (₹) -6.3 -6.3
TTM Sales (₹ Cr.) 20 20
BVPS (₹.) 2.4 -189.5
Reserves (₹ Cr.) 26 -12,153
P/BV 6.87 -0.09
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 12.65 / 25.95
All Time Low / High (₹) 0.76 / 328.00
Market Cap (₹ Cr.) 1,047
Equity (₹ Cr.) 126.9
Face Value (₹) 2
Industry PE 11.3

Management X-Ray of Jyoti Structures :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *84.8284.8284.8284.8284.580.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Jyoti Structures

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

News

Jyoti Structures Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Jyoti Structures on 04-Oct-2022 18:01 is : 16.50.
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 04-Oct-2022 18:01 the market cap of Jyoti Structures stood at ₹ 1,047.
The latest PE ratio of Jyoti Structures as of 04-Oct-2022 18:01 is 0.00.
The latest PB ratio of Jyoti Structures as of 04-Oct-2022 18:01 is 6.87
The 52-week high of Jyoti Structures is ₹ 25.95 and the 52-week low is ₹ 12.65.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Jyoti Structures is ₹ 20.04 ( Cr.) .

About Jyoti Structures Ltd

Jyoti Structures Limited (JSL) was incorporated as a private limited company on May 27, 1974. The company began commercial operations in 1979 with the opening of the first manufacturing facility at Nashik, not long after that Tata Exports decided to invest into the ownership of the company as they were looking for a reliable supplier of towers for their transmission line business. This gave JSL an opportunity to work on international projects right from the beginning of their operations.Jyoti Structures is solution provider in area of high voltage power transmission lines and Substations. The company is incorporated in 1976, presently operates in 40 countries. The company provides wide range of services from design, engineering consulting, tower testing, manufacturing, construction and project management.

The company’s corporate office is located in Mumbai and manufacturing units in Nashik and Raipur. It has a combined capacity of 76,000 MT of transmission line towers. It company owns domestic towers testing station at Ghoti, Igatpuri.

The company has subsidiaries namely JSL Structures, JSL Corporate Services, Shree Chhatrapati Shahu Power Company and Jyoti Structures Africa (Pty). The company has entered into joint venture with Gulf Investment Corporation (GIC) to form Gulf Jyoti International LLC. This unit will have manufacturing capacity of 33,000 MT.

The company’s manufacturing units has been accredited with various certifications such as ISO 9001, ISO 140001 and OHSAS 18001:1999.

Milestones

May 1974 -  Incorporated as Jyoti Structurers Private Limited April

1979 - Commenced commercial production at our Nashik factory September

1988  - Entered into our first turnkey contract with the Maharashtra State Electricity Board February

1989  - Made an initial public offering of 9,20,000 Equity Shares of Rs. 10/- each at a premium of Rs. 5/- per Equity Share aggregating Rs. 13.8 million.

April 1989  -  Listed on the BSE

July 1995  - Listed on the NSE

March 1993  - Commissioned a manufacturing unit at Urla Industrial Area, Raipur.

December 1996  - Set up an in-house tower testing facility at Ghoti, Igatpuri.

June 2005  - Established a joint venture company in Dubai viz. Gulf Jyoti International LLC (GJI) where we have a 30% equity stake.

September 2006  - Incorporated a subsidiary in South Africa viz. Jyoti Structures Africa Pty. Limited where we have a 70% equity stake.

March 2010 - Became the first company in India to test a 1200kV tower

December 2010  - Board of Directors approved the investment in Jyoti Holdings Inc., a corporation established under the laws of Delaware, the U.S.A. Consequently, Jyoti Americas LLC, a subsidiary of Jyoti Holdings Inc. will become our indirect subsidiary.

2010 - Became the first company in India to test a 1200kV tower
2011 - Started Manufacturing Operation in Texas,USA
Jyoti Structures has collaborated with Lauren Engineers and Construction Ltd. by acquiring 50% equity stake in the company.

Awards

1996-1997 - Certificate of Merit from Government of India, Ministry of Commerce for outstanding export performance in Capital goods exports.

1998-1999 - Certificate of Merit by India Trade Promotion Organisation for the second highest exports to Latin American Countries during

1998-99 in the category of ‘Engineering, Metallurgical and Electronic Products’ 1999 - National Export Awards for the year 1996-97 and 1997-98

2000 - Certificate of Export Excellence

 2002 - Awards for Export Excellence by Engineering Export Promotion Council

2010 - Received an award from ESKOM for 500,000 incident free man hours worked on 765kV project

 2010 - Received ‘Excellent Health and Safety Award’ from ESKOM, a power utility of South Africa for achieving 3.5 million man-hours worked without having a lost time injury

1996-1997 - Certificate of Merit from Government of India, Ministry of Commerce for outstanding export performance in Capital goods exports.

1998-1999 - Certificate of Merit by India Trade Promotion Organisation for the second highest exports to Latin American Countries during

1998-99 in the category of ‘Engineering, Metallurgical and Electronic Products’ 1999 - National Export Awards for the year

1996-97 and 1997-98 2000 - Certificate of Export Excellence The company received Award for Export Excellence from Engineering Export Promotion Council, India for achieving highest exports performance during 2000-01 amongst Non-SSI exporters in the panel Fabricated Steel Structures.

2002 - Awards for Export Excellence by Engineering Export Promotion Council

The company received Capital Goods Export Award from Government of India.

2010- Received an award from ESKOM for 500,000 incident free man hours worked on 765kV project.
Received ‘Excellent Health and Safety Award’ from ESKOM, a power utility of South Africa for achieving 3.5 million man-hours worked without having a lost time injury .

 

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now