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Tamilnadu Jai Bharath Mills Ltd (521038)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 521038 NSE: Textile - Spinning | Small Cap | TN Jai Bharat Mills Share Price

₹4.67 0.00 (0.00%)

As on 29-Oct'19 18:57

Tamilnadu Jai Bharath Mills Ltd (521038)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 521038 NSE: Textile - Spinning | Small Cap | TN Jai Bharat Mills Share Price

₹4.67 0.00 (0.00%)

As on 29-Oct'19 18:57

Key Metrics
Valuation Multiples
Market Cap
₹19 Cr.
Current Price
₹4.7
52-Week Low / High
₹5 / 5
TTM EPS
₹0.9
TTM Sales
₹0.1 Cr.
Book Value per Share
₹-7.4
P/E Ratio
5.34
Industry PE
21.5
Price to Book (P/B)
-0.63
Price to Sales (P/S)
147.46
EV/EBITDA
-1073.13
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
0.00%
Return on Assets (ROA)
19.53%
Operating Profit Margin
-58.9%
Net Profit Margin
2756.93%
Gross Profit Margin
-236.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-97.86%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
79.87%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-69 Cr.
Equity
₹39.8 Cr.
Face Value
₹10
All Time Low / High
₹2.10 / 47.50

Tamilnadu Jai Bharath Mills stock performance

Key Ratios
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10 Year X-Ray :

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

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10%5.3%5.4%4.8%2.3%-46.3%-2.3%-35.4%-88.1%0%-
Value Creation
Index
-0.3-0.6-0.6-0.7NANANANANANA-

Growth Parameters

Sales 90.69299.610191.777.417.39.16.10.10
Sales YoY Gr.-1.6%8.2%1.8%-9.6%-15.6%-77.7%-47.3%-33.2%-97.9%-
Adj EPS -0.6-0.6-0.4-0.8-1.1-5.6-1.6-2.4-1.80.20.9
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 2.11.61.10.3-0.7-6.3-7.9-10.3-11.2-10.3-7.4
Adj Net
Profit
-2.2-2.4-1.4-3-4.2-22.3-6.3-9.7-7.10.83
Cash Flow from Ops. -7.6-5.95.90.77.35.7-6.4-4.4-10.5-6.1-
Debt/CF from Ops. -9.9-13.813.9113.36.87.8-6.6-11.4-3.6-6.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -51.7%-73.1%-80.4%-97.9%
Adj EPS NANANANA
BVPS-219.1%NANANA
Share Price 3.1% - - -

Key Financial Parameters

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-145.8-32.2-27-108.5515.3158.722.226.716.5-2-9.8
Op. Profit
Mgn %
12.57.46.36.24.1-17.3-0-28.6-81.6-58.91491.3
Net Profit
Mgn %
-2.5-2.6-1.4-3-4.6-28.7-36.4-106.3-116.7661.22662.2
Debt to
Equity
8.813.21959.9-17.1-1.8-1.3-1.2-0.9-0.9-
Working Cap
Days
20523823123223916627632546719,8522,633
Cash Conv.
Cycle
149163150137127782-233609188

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales90.5792.0299.57101.3891.6877.4217.259.096.070.13
Operating Expenses + 79.2385.2593.3095.1487.9690.7817.2611.6911.020.20
Manufacturing Costs22.0426.0328.2924.7922.5116.194.797.044.990.03
Material Costs47.5646.1251.1056.2650.9962.377.880.240.060.08
Employee Cost 7.7810.2211.1212.2312.98114.144.225.820
Other Costs 1.852.882.791.851.481.220.450.190.150.09
Operating Profit 11.346.776.276.253.72-13.35-0.01-2.60-4.95-0.07
Operating Profit Margin (%) 12.5%7.4%6.3%6.2%4.1%-17.2%-0.0%-28.6%-81.6%-58.9%
Other Income + 0.600.770.840.130.190.090.050.300.020.01
Exceptional Items 000000005.153.78
Interest 11.397.487.297.417.526.395.936.152.500.23
Depreciation 3.743.012.452.422.521.950.391.221.190
Profit Before Tax -3.19-2.94-2.64-3.45-6.12-21.60-6.27-9.66-3.483.48
Tax -0.96-0.58-1.23-0.43-1.950.650000
Profit After Tax -2.23-2.36-1.41-3.02-4.17-22.25-6.27-9.66-3.483.48
PAT Margin (%) -2.5%-2.6%-1.4%-3.0%-4.6%-28.7%-36.4%-106.0%-57.3%2,756.9%
Adjusted EPS (₹)-0.6-0.6-0.4-0.8-1.1-5.6-1.6-2.4-0.90.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of TN Jai Bharat Mills - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

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

Equity and Liabilities

Shareholders Fund + 8.526.154.301.28-2.90-25.14-31.42-41.06-44.53-41.05
Share Capital 39.7839.7839.7839.7839.7839.7839.7839.7839.7839.78
Reserves -31.27-33.63-35.48-38.51-42.68-64.93-71.21-80.84-84.32-80.84
Debt +71.3777.5677.8270.9546.8743.6442.2250.1237.6937.94
Long Term Debt39.7344.7441.4841.3816.4916.0822.2233.1437.6937.94
Short Term Debt31.6532.8236.3429.5730.3827.562016.9900
Minority Interest0000000000
Trade Payables9.8514.4210.2810.1915.346.872.59000
Others Liabilities -2.75-4.03-3.3212.6618.1614.9915.4618.7226.3919.20
Total Liabilities 86.9994.1089.0895.0777.4740.3628.8627.7919.5516.09

Fixed Assets

Net Fixed Assets +29.6126.7326.5625.6023.9722.1020.7919.5812.189.69
Gross Block90.2990.4293.1494.6195.4995.3577.1777.1752.8736.12
Accumulated Depreciation60.6863.6966.586971.5273.2556.3857.5940.6926.43
CWIP 01.0100000000
Investments 2.460.501.320.420.7100000
Inventories34.8140.4932.5428.5631.135.410.890.590.420
Trade Receivables14.2116.5620.7316.3513.204.990.240.0700
Cash Equivalents 0.330.460.680.820.620.170.070.020.030
Others Assets 5.578.367.2423.327.847.676.867.536.916.40
Total Assets 86.9994.1089.0895.0777.4740.3628.8627.7919.5516.09

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity + -7.64-5.915.850.677.265.66-6.42-4.41-10.50-6.10
PBT 8.044.334.483.84-6.12-21.60-6.25-9.66-3.483.48
Adjustment 3.743.012.452.429.868.261.567.341.45-3.43
Changes in Working Capital -8.03-5.786.211.823.5219.64-1.73-2.09-8.47-6.15
Tax Paid 00000-0.650000
Cash Flow From Investing Activity + -1.011.02-2.37-0.44-0.990.695.650.028.456.06
Capex -0.51-1.14-1.72-1.46-0.88-0.095.6208.446.05
Net Investments -0.661.96-0.820.90-0.290.70-0000
Others 0.160.200.170.120.180.070.040.020.010.01
Cash Flow From Financing Activity + 8.495.01-3.26-0.10-6.47-6.800.674.332.060.01
Net Proceeds from Shares 16.20000000000
Net Proceeds from Borrowing 0000.35000000
Interest Paid 0000-7.52-6.39-5.91-6.15-2.50-0.23
Dividend Paid 0000000000
Others -7.715.01-3.26-0.451.05-0.416.5810.484.560.24
Net Cash Flow -0.160.120.230.14-0.20-0.45-0.10-0.050.01-0.03

Financial Ratio

PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-145.76-32.22-27-108.47N/AN/AN/AN/AN/AN/A
ROCE (%)9.995.295.374.84N/AN/AN/AN/AN/AN/A
Asset Turnover Ratio1.071.021.091.11.071.310.50.320.260.01
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/A-1.75
Working Capital Days
Receivable Days50.306168.4066.8058.7042.9055.406.2000
Inventory Days131.30149.30133.80110118.5086.1066.7029.8030.400
Payable Days61.809688.2066.4091.4065219.101,949.3000

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Tamilnadu Jai Bharath Mills Ltd FAQs

The current trading price of TN Jai Bharat Mills on 29-Oct-2019 18:57 is ₹4.67.

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 28-Oct-2019 the market cap of TN Jai Bharat Mills stood at ₹18.58 Cr

The latest P/E ratio of TN Jai Bharat Mills as of 28-Oct-2019 is 5.34.

The latest P/B ratio of TN Jai Bharat Mills as of 28-Oct-2019 is -0.63.

The 52-week high of TN Jai Bharat Mills is ₹4.67 and the 52-week low is ₹4.67.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TN Jai Bharat Mills is ₹0.13 ( Cr.) .

Data is not available for this company.

The key valuation ratios of Tamilnadu Jai Bharath Mills Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

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

About Tamilnadu Jai Bharath Mills Ltd

Tamilnadu JaiBharath Mills Limited (TNJB), a part of Ramalinga Mills Group of Companies was established in 1993 with a capacity of 16,000 spindles. The group has a collective spindlage capacity of 3,00,000 spindles. TNJB has the most modernized infrastructure facilities to manufacture customized yarns of high quality in compliance with Euro standards to meet the demands of both the domestic and overseas market.

The mill has the state-of-the-art machineries to produce superior quality yarn complying with Uster 5% standard levels. It has the latest testing equipment capable of testing the raw material cotton as well as the finished product yarn. All the autoconers in the mills are fitted with Siro electronic yarn - clearers and Blow room lines are equipped with vision shield. The Raw Material Cotton is subjected to 4 stages of contamination removal process to give customers high level of color and white poly propylene contamination guarantee.

The company’s products include weaving cotton yarn and knitting cotton yarn.

Exporting countries are Germany, Belgium, Portugal, Dubai, Hong Kong, Thailand, Bangladesh, Italy, Spain, Korea, Singapore and Vietnam.

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