Jasch Industries Ltd - Stock Valuation and Financial Performance

BSE: 500220 | NSE: JASCHIND | Textile - Weaving | Small Cap

Jasch Inds. Share Price

189 -3.10 -1.61%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Jasch Inds.

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Jasch Industries stock performance -

mw4me loader
P/E Ratio (SA):
5.84
Market Cap:
128.5 Cr.
52-wk low:
161
52-wk high:
377

Is Jasch Industries Ltd an attractive stock to invest in?

1. Is Jasch Industries Ltd a good quality company?

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

2. Is Jasch Industries Ltd undervalued or overvalued?

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

3. Is Jasch Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jasch 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 Jasch Inds.:

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.
Jasch Industries 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 9.2%10%11.9%11.6%10.7%13.9%13.1%17.6%24.8%19.4%-
Value Creation
Index
-0.4-0.3-0.2-0.2-0.20.0-0.10.30.80.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 87.794.798.4104130153130134214234216
Sales YoY Gr.-7.9%4%6.2%24.8%17.4%-15.3%3.6%59.6%9%-
Adj EPS 22.63.74.14.57.26.510.11817.632.4
YoY Gr.-32.3%41.2%11.6%8%61.7%-10%55.3%78.7%-2.3%-
BVPS (₹) 24.927.631.235.440.247.151.161.479.297177.8
Adj Net
Profit
2.334.24.75.18.27.411.420.42022
Cash Flow from Ops. 8.73.87.2119.311.77-1.336.4-
Debt/CF from Ops. 1.64.321.92.220.5-2.91.61.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11.5%12.4%21.7%9%
Adj EPS 27.5%31.6%39.5%-2.3%
BVPS16.3%19.3%23.8%22.4%
Share Price 36.5% 28.2% 45.7% 10.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
8.31012.612.411.816.513.217.925.62023.6
Op. Profit
Mgn %
9.99.211.2119.49.610.813.213.611.914.4
Net Profit
Mgn %
2.63.14.34.53.95.35.78.59.58.510.2
Debt to
Equity
0.50.50.40.50.50.40.10.10.10.1-
Working Cap
Days
13312212513013211913914510610696
Cash Conv.
Cycle
7068716860546163485266

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 23.50%

Sales growth is growing at healthy rate in last 3 years 21.67%

Net Profit is growing at healthy rate in last 3 years 39.45%

Sales growth is not so good in last 4 quarters at -10.39%

Latest Financials - Jasch Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 32.4 33.1
TTM Sales (₹ Cr.) 216 227
BVPS (₹.) 177.8 172.6
Reserves (₹ Cr.) 114 111
P/BV 1.06 1.09
PE 5.84 5.71
From the Market
52 Week Low / High (₹) 161.00 / 377.00
All Time Low / High (₹) 0.70 / 377.00
Market Cap (₹ Cr.) 128
Equity (₹ Cr.) 6.8
Face Value (₹) 10
Industry PE 20.6

Management X-Ray of Jasch Inds.:

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 (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Jasch Inds.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales889598104130153130134214234
Operating Expenses 80868893118139120117185206
Manufacturing Costs11121110121311101721
Material Costs60646368861058689145157
Employee Cost 4679111312131517
Other Costs 546798105810
Operating Profit 891111121410182928
Operating Profit Margin (%) 9.2%9.2%10.9%11.0%9.4%9.4%7.7%13.1%13.5%11.8%
Other Income 0111112123
Interest 2222222111
Depreciation 3233333333
Exceptional Items 0000000000
Profit Before Tax 35678106162727
Tax 1222322477
Profit After Tax 2345585112020
PAT Margin (%) 2.2%3.3%4.2%4.6%4.1%5.1%3.5%8.5%9.4%8.5%
Adjusted EPS (₹)1.72.73.64.34.76.94.010.017.917.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 283135404653587090110
Share Capital 11111111111111111111
Reserves 17202429344247587899
Minority Interest0000000000
Debt1315121919222347
Long Term Debt4655332113
Short Term Debt9981517190124
Trade Payables10131115211918212419
Others Liabilities 12111215161413162325
Total Liabilities 6369709010210891110141161

Fixed Assets

Gross Block44475054586267676878
Accumulated Depreciation21232629303336373941
Net Fixed Assets23232525282931302936
CWIP 0200030000
Investments 555511123000
Inventories13121317222020223128
Trade Receivables19232423252322282829
Cash Equivalents 1211411176244257
Others Assets122554951010
Total Assets 6369709010210891110141161

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 947119127-136
PBT 35678106162727
Adjustment 5455547232
Changes in Working Capital 1-4-22-10-4-16-20-16
Tax Paid -1-2-2-2-3-2-2-3-7-7
Cash Flow From Investing Activity -2-4-3-2-10-632-1-8
Capex -2-4-3-3-5-7-2-2-2-10
Net Investments 0000-3-14300
Others 0001-212112
Cash Flow From Financing Activity -71-50-20-22013
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -23-1-1-20-1-102
Interest Paid -2-2-2-2-2-2-2-1-1-1
Dividend Paid 0000000000
Others -20-1322-19111
Net Cash Flow 0008-36-12031
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)7.0210.412.3212.7612.5415.888.1617.8225.4219.98
ROCE (%)13.2615.3617.8417.7616.8717.4212.4724.1133.1526.28
Asset Turnover Ratio1.491.61.591.461.41.461.31.341.711.55
PAT to CFO Conversion(x)4.51.331.752.21.81.51.4-0.090.150.3
Working Capital Days
Receivable Days74737873655764694845
Inventory Days52444147545156564546
Payable Days75656670777080815750

Jasch Industries Ltd Stock News

Jasch Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Jasch Inds. on 12-Apr-2024 16:59 is ₹189.0.
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 12-Apr-2024 16:59 the market cap of Jasch Inds. stood at ₹128.5.
The latest P/E ratio of Jasch Inds. as of 12-Apr-2024 16:59 is 5.84.
The latest P/B ratio of Jasch Inds. as of 12-Apr-2024 16:59 is 1.06.
The 52-week high of Jasch Inds. is ₹377.0 and the 52-week low is ₹161.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jasch Inds. is ₹216.3 ( Cr.) .

About Jasch Industries Ltd

Jasch Industries (India) is in automation industry, market leader for metal or flat sheet industrial measurement systems, started in year 2000 as a part of Jasch group. The company's world class products for online inspection are produced after exhaustive research at Sonipat facility.

Instruments like Thickness gauge, Coating thickness Gauge, Paint thickness gauge, basis weight/ash/moisture measurement with Paper Gauge along with quality control systems (QCS) are manufactured for industries like Paper, Plastic films, Lamination, Aluminum, Rolled steel, Galvanized, Paint coated metal, Float glass and will continue to extend that lead by delivering compelling business solutions, business-focused hardware, software products, robust service and support, above all cost effective solutions with performance enhancing electronic precision products and tools. System Measures various parameters with high accuracy at online production lines and mills by electronic non-destructive and non-contact gauge instruments.

As a prime mover & shaker in the flat product manufacturing industries for automation by our gauging power equipments, the company is striving hard to cut costs & become one of the major suppliers in the world for industrial quality inspection products.

Other group activities are in synthetic leather, non-woven, chemicals etc. In year 2006 a new company has been founded for Level II automation in steel plants with 50% partnership of German company - Gesco mbH. 

Product range of the company includes:

1. Metals

  • Zinc coating weight gauges for Galvanizing lines
  • Thickness gauges (X-ray and isotope) for cold rolling mills
  • Paint thickness gauges for color coating lines

2. Paper & Board

  • Quality Control System for paper, board and tissue machines
  • MD control of BW, MOI and ASH
  • CD control of Caliper, MOI and BW

3. Plastic Foil and Sheet

  • Thickness gauges for Cast or extruded films & sheet
  • Bi-oriented films stretching
  • PVC and Rubber Calendars
  • Automatic Profile Control system for cast film lines
  • Lamination machines
  • Extrusion coating

Achievements/ recognition :

  • An ISO 9001:2000 certified company.
  • European Agency for Safety and Health at Work has provided them with safety certification.
  • US Department of Labor Occupational Safety & Health Administration  has provided them with safety certification.
  • Atomic Energy Regulatory Board (AERB), India has provided them with safety certification.
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 Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.