Janice Textiles Ltd. - (Amalgamation) - Stock Valuation and Financial Performance

BSE: 531988 | NSE: | Textile - Spinning | Small Cap

BSE Share Price
Not Listed

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Janice Textiles Ltd. - (Amalgamation) stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
2.8 Cr.
52-wk low:
5.3
52-wk high:
5.3

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Janice Textiles:

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'95Mar'96Mar'97Mar'98Mar'99Mar'00Mar'01Mar'02Mar'03Mar'04TTM
ROCE % 0%0%0%-2.3%-10.4%-3.2%-8.5%-57.6%-20.8%-11.3%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0008.697.77.11.1000
Sales YoY Gr.-NANANA4.9%-15%-7.3%-84.7%-100%NA-
Adj EPS 000-1-2.3-1-1.4-4.5-1.6-0.5-0.5
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 0009.87.36.24.7-0.3-2-2.5-1.3
Adj Net
Profit
000-0.6-1.3-0.6-0.7-2.4-0.8-0.30
Cash Flow from Ops. 000-0.50.20.60.90.1-0.60-
Debt/CF from Ops. 000-8.421.54.92.832.7-6.61359.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA-100%-100%NA
Adj EPS NANANANA
BVPSNA-180.8%-181%NA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'95Mar'96Mar'97Mar'98Mar'99Mar'00Mar'01Mar'02Mar'03Mar'04TTM
Return on
Equity %
000-11.2-29.2-16.5-26.6-208.7176.827.528.3
Op. Profit
Mgn %
0003.6-3.54.30.5-16100-28.6
Net Profit
Mgn %
000-6.4-13.9-7.3-10.3-222.900-INF
Debt to
Equity
0000.8111.1-20.8-3.9-2.8-
Working Cap
Days
0000226230206693000
Cash Conv.
Cycle
000010810495299000

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 - Janice Textiles Ltd. - (Amalgamation)

Standalone Consolidated
TTM EPS (₹) -0.5 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -1.3 -
Reserves (₹ Cr.) -6 -
P/BV -4.19 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 5.25 / 5.25
All Time Low / High (₹) 0.95 / 19.65
Market Cap (₹ Cr.) 2.8
Equity (₹ Cr.) 5.4
Face Value (₹) 10
Industry PE 31.9

Management X-Ray of Janice Textiles:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Janice Textiles

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'98Mar'99Mar'00Mar'01Mar'02Mar'03Mar'04
Sales8.599.017.667.101.0900
Operating Expenses 8.299.337.337.062.840.140.16
Manufacturing Costs0.720.670.630.830.160.090.10
Material Costs7.118.296.335.891.5200
Employee Cost 0.310.230.240.250.0900
Other Costs 0.150.140.130.101.080.050.06
Operating Profit 0.31-0.320.330.04-1.76-0.14-0.16
Operating Profit Margin (%) 3.6%-3.5%4.3%0.5%-162.0%--
Other Income 0.040.080.010.020.090.100.29
Interest 0.500.600.490.370.340.380
Depreciation 0.390.410.410.420.420.410.41
Exceptional Items 0000000
Profit Before Tax -0.55-1.25-0.56-0.73-2.43-0.83-0.28
Tax 0000000
Profit After Tax -0.55-1.25-0.56-0.73-2.43-0.83-0.28
PAT Margin (%) -6.4%-13.9%-7.3%-10.3%-223.0%--
Adjusted EPS (₹)-1.1-2.6-1.2-1.5-5.0-1.7-0.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'98Mar'99Mar'00Mar'01Mar'02Mar'03Mar'04

Equity and Liabilities

Shareholders Fund 4.913.663.102.37-0.05-0.89-1.17
Share Capital 4.844.844.844.844.844.844.84
Reserves 0.07-1.18-1.74-2.47-4.90-5.73-6.01
Minority Interest0000000
Debt3.753.673.052.512.743.683.39
Long Term Debt3.753.673.052.512.743.683.39
Short Term Debt0000000
Trade Payables1.721.942.011.770.670.110.21
Others Liabilities 000.010.01000
Total Liabilities 10.389.278.186.673.362.902.43

Fixed Assets

Gross Block5.265.365.365.375.335.335.33
Accumulated Depreciation1.061.471.882.302.693.113.52
Net Fixed Assets4.213.903.483.072.642.231.82
CWIP 0000000
Investments 0000000
Inventories2.072.781.461.53000
Trade Receivables2.731.502.681.550.500.480.44
Cash Equivalents 0.020.010.010.01000
Others Assets1.351.080.550.500.210.190.17
Total Assets 10.389.278.186.673.362.902.43

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'98Mar'99Mar'00Mar'01Mar'02Mar'03Mar'04
Cash Flow From Operating Activity -0.450.170.620.910.08-0.560
PBT -0.55-1.26-0.56-0.73-2.43-0.83-0.28
Adjustment 0.8810.910.791.790.810.14
Changes in Working Capital -0.310.990.740.850.73-0.530.14
Tax Paid 0000000
Cash Flow From Investing Activity 0.16-0.1000.010.0100
Capex -0.23-0.100-0.010.0100
Net Investments 0.28000000
Others 0.11000.01000
Cash Flow From Financing Activity 0.25-0.08-0.62-0.91-0.100.56-0.01
Net Proceeds from Shares 0.32000000
Net Proceeds from Borrowing 000-0.55-0.1400
Interest Paid 000-0.37-0.3400
Dividend Paid 0000000
Others -0.07-0.08-0.6200.370.56-0.01
Net Cash Flow -0.04-0.0100.01-0.0100
PARTICULARSMar'98Mar'99Mar'00Mar'01Mar'02Mar'03Mar'04
Ratios
ROE (%)-11.53-30.21-17.09-27.72N/AN/AN/A
ROCE (%)-0.53-8.23-1.08-6.63N/AN/AN/A
Asset Turnover Ratio0.830.920.890.960.2200
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days116859810834600
Inventory Days8898997625800
Payable Days888011411729400

Janice Textiles Ltd. - (Amalgamation) Stock News

Janice Textiles Ltd. - (Amalgamation) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Janice Textiles 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 Janice Textiles stood at ₹2.82.
The latest P/E ratio of Janice Textiles as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Janice Textiles as of 01-Jan-1970 05:30 is -4.19.
The 52-week high of Janice Textiles is ₹5.25 and the 52-week low is ₹5.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Janice Textiles is ₹0.00 ( Cr.) .

About Janice Textiles Ltd. - (Amalgamation)

Janice Textiles was incorporated as a private limited company on January 15, 1993 for setting up a unit to manufacture cotton yarn through the open end spinning process. Subsequently it was converted into a public limited company on April 15,1995. The company set up its present units at MIDC Industrial Estate, Murbad District - Thane. Janice Textiles presently has four open end machines with a capacity to manufacture 1815 tonnes of yarn per annum of 10s Count.  The commercial production of Phase I commenced in November, 1994. 

Since commencement of commercial production in November 1994, the company has been concentrating on the supply of coarse cotton yarn to the power loom markets in Ichalkaranji, Bhiwandi, etc. apart from the traditional markets in Mumbai. Since, the coarse cotton is a commodity and not branded products, the cutting edge (in marketing) lies in the knowledge about the demand and prompt supply of the required quality of the yarn. The main promoter, Suryakant Mehta, has been in trading of cotton yarn since 1965, in his firm Ratilal Harilal & Co. Therefore, the company envisages no problem in marketing the product.

There are several open end spinning mills in the country. However, since the company is located near the major markets like Mumbai, Ichalkaranji, Bhiwandi and since, the main promoter is known in the trade for nearly 30 years, the company does not envisage any problem relating to competition. Since commencement of commercial production, the company has been able to sell its products in the power loom market in Ichalkaranji, Bhiwandi apart from the wholesale market in Mumbai. Within this short period the company has also been able to make direct supplies to the following companies:   

1.Towels India Export Limited, 2.Sony Yarn Corporation, 3. Good Luck Tarpaulins and 4. Jain and Maru Inc.

Business areas of the company:

Janice Textiles has been engaged in the manufacture of cotton yarn through the open end spinning process..

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