JBF Industries Ltd Stock Analysis

BSE: 514034 | NSE: JBFIND | Textile - Manmade Fibres | Small Cap

BSE Share Price 06-Dec-2022 18:01
8.89 -0.08 (-0.89%)

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JBF Industries Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
72.8 Cr.
52-wk low :
7.8
52-wk high :
24.1
Bole Toh?

1. Is JBF Industries Ltd a good quality company?

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

2. Is JBF Industries Ltd undervalued or overvalued?

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

3. Is JBF Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of JBF Industries 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 JBF 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.
JBF 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

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9.7%9.4%10.3%8%6%2.8%-17.6%-5.3%-0.8%-47.9%-
Value Creation Index -0.3-0.3-0.3-0.4-0.6-0.8-2.3-1.4-1.1NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4,5044,7854,1273,6183,9133,5012,9582,8132,2053,2723,054
YoY Gr. Rt. %-6.2%-13.8%-12.3%8.2%-10.5%-15.5%-4.9%-21.6%48.4%-
Adj EPS 20.518.522.79.43.4-14.5-92.7-39.4-23.6-143-332.6
YoY Gr. Rt. %--9.4%22.6%-58.5%-63.6%-522.2%NANANANA-
BVPS (₹) 131.2150166190.4194.4179.18647.223.5-119.5-312.2
Adj Net Profit 14912114977.228.1-119-759-323-194-1,171-2,723
Cash Flow from Ops. 359384287125471-418224-196103186-
Debt/CF from Ops. 4.63.76143.5-5.59.5-12.424.213.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -3.5%-3.5%3.4%48.4%
Adj EPS -224.1%-310.9%NANA
BVPS -199-190.7-211.6-608.1
Share Price -23.6% -47.2% 7% -55.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 14.411.714.25.81.8-7.8-69.9-59.2-66.9298154.1
Op. Profit Mgn % 9.28.510.410.36.63.52.82.26.16.65.9
Net Profit Mgn % 3.32.53.62.10.7-3.4-25.7-11.5-8.8-35.8-89.2
Debt to Equity 1.51.41.61.111.636.313-2.5-
Working Cap Days 113951061511872582832473151570
Cash Conv. Cycle 242333573849634379570

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 154.10%

Sales growth is good in last 4 quarters at 22.49%

Sales growth has been subdued in last 3 years 3.42%

Latest Financials - JBF Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -332.6 -41.6
TTM Sales (₹ Cr.) 3,054 8,985
BVPS (₹.) -312.2 0
Reserves (₹ Cr.) -2,638 1,982
P/BV -0.03 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 7.83 / 24.05
All Time Low / High (₹) 2.00 / 326.00
Market Cap (₹ Cr.) 72.8
Equity (₹ Cr.) 81.9
Face Value (₹) 10
Industry PE 7.2

Management X-Ray of JBF Industries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *93.2293.2293.0293.0290.9690.9690.9690.9690.9690.96
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of JBF Industries

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

News

JBF Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of JBF Industries on 06-Dec-2022 18:01 is : 8.89.
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 06-Dec-2022 18:01 the market cap of JBF Industries stood at ₹ 72.78.
The latest PE ratio of JBF Industries as of 06-Dec-2022 18:01 is 0.00.
The latest PB ratio of JBF Industries as of 06-Dec-2022 18:01 is -0.03
The 52-week high of JBF Industries is ₹ 24.05 and the 52-week low is ₹ 7.83.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of JBF Industries is ₹ 3,054 ( Cr.) .

About JBF Industries Ltd

JBF Industries conceived as a private limited company in 1982, attained the corporate status by becoming public limited company in the year 1986. The company's growth can be imagined by the fact that its turnover has increased by about 250 times since it became public limited.

JBF is a manufacturer of polyester texturised and twised yarn. With a Partially Oriented Polyester Yarn manufacturing plant starting from PTA, DMT & MEG, today the company is one of the leading names in Polyester business in India.

JBF Industries stands on a gleaming pinnacle of success as an industry leader in Polyester Chips & as one of the top 5 players in the polyester Partially Oriented Yarns (POY) in India.

It was not only the corporate status and turnover, which changed but also the company's product profile engorged with the vibrant polyester industry in India.

Starting its operations as a consumer of POY for texturising yarns to become a leading supplier of POY in India and thereby further backward integrated projects in manufacturing of Polyester Chips, made JBF a dominant force in India.

Despite company's focus on Indian market, it never lost the opportunity to cater to the growing polyester markets globally and made its due presence in global polyester markets. These efforts were duly recognized by the govt of India by awarding company with export house status.

JBF's commitment to the quality and customer is driven by ISO 9001 system of quality standards. JBF has also been accredited with ISO 14001 certificate for environmental management.

Product Range of the company include:

  • POLYESTER CHIPS -- Textile Grade, Film Grade
  • PARTIALLY ORIENTED YARN -- Raw White Semi Dull Round, Dope Dyed Black Round, Cationic POY Sd Round, Full Dull POY Sd Round
  • FULLY DRAW YARN -- Semi Dull, Super Bright Trilobal
  • Bottle Grade PET -- ARYAPET

New Plant in Emirates

JBF industries has setup a polyster PET resin Packaging chips plant in association with Ras Al Khaimah Investment Authority in the emirate of Ras AI Khaimah. The cost of the plant is around $210 million.

The plant has a production capacity of 400,000 MT PET grade chips p.a. and 72,000 MT of polyester film p.a. The unit which is also the first Indian unit in the Emirates caters to the US, European Union and GCC countries.

The company chose the region because of the abundance of raw materials and cheap energy. Even though the plant and machinery for the unit will be imported from Europe, US and China.

Plant At Sarigram

JBF has started production at a new state-of-the-art PET facility in India in October 2008. Production facility is located at Sarigam - Gujarat , a western part of India. PET production facility comprises CP and SSP technology with annual productivity of 150KTA. CP technology has a capability of simultaneously producing textile grade and bottle grade amorphous chips. SSP is carried out in two units each having capacity of 250MT / day.

In 2007 JBF Industries Limited had approved the take over of assets of Microsynth Fabrics (India) Ltd. Microsynth Fabrics (India) Ltd is a producer of Polyester POY located at Silvassa, Union Territory of Dadra & Nagar Haveli. The facilities of Microsynth are designed to produce Specialized Yarns such as micro deniers and colored yarn, with technology from NOY – Vallesina, Italy.

Microsynth Fabrics (India) Ltd., has a strong presence in specialty POY production. With this take over, JBF Industries Limited will enhance its share in the Specialty POY market in India and abroad and at the same time it will create avenue for major captive consumption for Specialty Polyester Chips being produced at JBF Industries Limited. The complimentary nature of products of both companies will enhance values within the group as a whole.

Subsidiary

JBF RAK FZ LLC, a subsidiary of the company, has successfully started production of PET grade chips under 1st phase. The company has polymerization capacity of 900 TPD.

Milestones and Awards2008-14

Backward integration by setting up a PTA plant.
Setting up greenfield capacities in Belgium for PET Chips, in Baharain for BOPET Film, in Brazil for Green MEG.

2012 The Company enters into a partnership with The Coca Cola Company to set up production facility for Bio-Glycol (MEG) in Brazil.

The company is ISO 9001:2000 and ISO 14001 Certified Company.


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