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Jagjanani Textiles Ltd. Stock Analysis

Small Cap
Evaluated by 59 users | BSE: 532825 | NSE: |
Textile - Weaving
Jagjanani Textiles (JTL) was established in the year 1997 as a spinning unit (open end) to manufacture world class yarn. The company has  since transformed into a composite textile mill. Promoted by business executives with more than three decades of experience and global exposure in...

Analysis of Financial Track Record

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'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed -18.21%-12.05%-13.06%11.45%28.18%-14.7%-53.38%-35.57%-33.19%11.29%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 15.711.310.76.68.47.52.30.200
Y-o-Y Gr. Rt.--28.2%-5.2%-38.1%27.3%-10.4%-69.1%-93.1%-100%NA
Adjusted EPS (Rs.) -10.32-7.8-7.781.332.89-2.06-1.93-0.290-0.13
Y-o-Y Gr. Rt.-NANANA117.3%-171.3%NANANANA
Book Value per Share (Rs.) 9.461.66-6.13-4.79-1.9-3.65-5.5-6.79-6.79-5.65
Adjusted Net Profit -16.1-12.2-12.12.14.5-3.2-3-0.50-0.2
Net Op. Cash Flow (Rs. Cr.) -1.83.70.1-0.27.13.6-3.5-2.10.11.3
Debt to Cash Flow from Ops -27.2413.96813.02-153.192.783.75-3-4.76105.245.93
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Jagjanani Textiles Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -100%-100%-100%NA
Adjusted EPS NA-153.8%NANA
Book Value per Share -194.4000
Share Price -13.4% -8.8% -5.6% 60%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) -70.61-140.3348.58-24.45-86.4974.4442.14.7702.03
Operating Profit Margin (%) -48.44-12.71-10.5-19.97-4.535.1-106.9-141.0200
Net Profit Margin (%) -102.73-108.09-113.9731.5453.71-42.72-128.82-282.1800
Debt to Equity 3.2319.9-6.13-4.71-6.7-2.38-1.22-0.94-0.95-0.84
Working Capital Days 7505354044131671492941,74700
Cash Conversion Cycle 1574-17-108-112-66-297-2,90700
Entity Percentage Holding
Promoters 24.56%
Non-Institutions 75.44%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Jagjanani Textiles's performance infers:

Jagjanani Textiles earnings have declined by -153.8%, whereas share price has depreciated -8.8% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Jagjanani Textiles share prices over the last 10 years. Here is what we found out:

Jagjanani Textiles share price has depreciated -18.3% annually over the past ten years.

Jagjanani Textiles (JTL) was established in the year 1997 as a spinning unit (open end) to manufacture world class yarn. The company has  since transformed into a composite textile mill. Promoted by business executives with more than three decades of experience and global exposure in textile Industry. The promoters are experienced in entire textile activity chain from cotton ginning to apparel manufacturing. Jagjanani has been recognized as an export house by the government of

Jagjanani Textiles (JTL) was established in the year 1997 as a spinning unit (open end) to manufacture world class yarn. The company has  since transformed into a composite textile mill. Promoted by business executives with more than three decades of experience and global exposure in textile Industry. The promoters are experienced in entire textile activity chain from cotton ginning to apparel manufacturing. Jagjanani has been recognized as an export house by the government of India.

JTL is equipped with the latest machinery and equipments for manufacture of yarn and Fabrics. Apart from world class machinery they have a team of committed and competent technical staff to take care of all aspects of manufacturing activity. They aim and work for the best quality for their buyers adhering to their time schedule and at competetive prices.

Jagjanani Textiles is a public limited company promoted and managed by professionals having long experience of textile industry. It is listed on the Bombay Stock Exchange (bse). The mills are situated at riico Industrial Area Bagru, Jaipur, Rajasthan. Jaipur is 270 km from Delhi in north west of India. The site is 25 km from Jaipur (on NH-8 Jaipur Ajmer Road) near the Mahindra sez.

The O E Yarn manufacturing unit equipped with state of art machinery is equipped to manufacture world class quality yarn in the count range of Ne 4 to Ne 20 both for weaving as well as knitting requirements. We have also installed amsler slub attachment for production of fancy slub yarn. It produces yarns with  polyester, Viscose, cotton  and their blends as per market demand.

It has imported and installed 42 Nos Picanol Omni Plus 800 Airjet Looms from Belgium. These state of art high production machines are suitable for production of bottom weight and industrial fabrics. To ensure smooth weaving activity it has installed plc based preparatory machines for warping and sizing. Presently the looms are working on cotton and PC fabrics for bottom weight, ducks and canvasses.

Product range of the company includes:

Spinning section provides-

  • High quality Open End yarn for denims
  • Amsler Slub Open End Yarn
  • Soft yarn for towels
  • Waxed yarn for Knits
  • TFO Doubled yarn

Weaving section provides following product basket

  • Ducks
  • Drills
  • Twills
  • Canvas
  • Tussor

Different divisions of the company:

1. OE spinning Unit Its O E Yarn manufacturing unit equipped with state of art machinery is equipped to manufacture world class quality  yarn in the count range of Ne 4 to Ne 20 both for weaving as well as knitting requirements.They have also installed amsler slub attachment for production of fancy slub yarn.They produce yarns with  polyester, Viscose, cotton  and their blends as per market demand.

2. Weaving Unit The company has imported and installed  42 Nos Picanol Omni Plus 800 Airjet Looms from Belgium. These state of art high production machines are suitable for production of bottom weight and industrial fabrics. To ensure smooth weaving activity they have installed plc based preparatory machines for warping and sizing. Presently the looms are working on cotton and PC fabrics for bottom weight, ducks and canvasses.

3. Ring Spinning Unit- In addition it is installing 24000 spindles, a complete project from LMW, with combing and compact yarn spinning arrangement. The spindles are designed both for Coarse counts as well as Fine counts spinning to cater to all segments of textile industry. This unit will be up and running by june 2009.Some of the reputed textile mills including E.O.Us are our major customers.They export about 65% of their production. The users have appreciated the quality of Yarn and Fabrics. The mill is equipped with requisite quality control equipments.

Achievements/ recognition:

Jagjanani has been recognized as an Export House by the government of India.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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