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Jindal Worldwide Ltd. Stock Analysis

Small Cap
Evaluated by 257 users | BSE: 531543 | NSE: JINDWORLD |
Textile
Jindal Worldwide was incorporated under the Indian Companies Act 1956 and went public in 1995. The company has issued capital of Rs 50130100 divided into 5013010 equity shares of 10 each. The company is listed on the Ahmedabad and Bombay stock exchanges. The main objective of the company is...

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 8.26%11.8%12.88%11.28%11.42%9.17%13.65%12.35%13.05%8.33%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 2913725036067808401,0091,1581,6432,114
Y-o-Y Gr. Rt.-27.8%35.3%20.5%28.8%7.7%20.1%14.7%41.9%28.6%
Adjusted EPS (Rs.) 0.370.660.720.61.251.372.172.442.841.3
Y-o-Y Gr. Rt.-78.4%9.1%-16.7%108.3%9.6%58.4%12.4%16.4%-54.2%
Book Value per Share (Rs.) 3.74.314.995.746.938.610.5813.5315.9817.24
Adjusted Net Profit 7.413.214.512.12527.443.548.956.926.1
Net Op. Cash Flow (Rs. Cr.) 12.40.346.339.7-1.19798.77.828.8169
Debt to Cash Flow from Ops 7.41465.142.493.97-294.053.63.4648.0416.322.55
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.
Jindal Worldwide Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 24.7%22.1%28%28.6%
Adjusted EPS 15%0.8%-15.7%-54.2%
Book Value per Share 18.72017.77.9
Share Price 18.1% 29.8% -27% -17.4%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 10.216.315.511.2519.6417.5922.620.2119.227.84
Operating Profit Margin (%) 7.029.557.527.468.9610.613.9811.910.976.17
Net Profit Margin (%) 2.553.552.8823.23.264.314.223.461.23
Debt to Equity 1.241.441.151.372.232.021.611.371.471.25
Working Capital Days 147148119104111119113131134127
Cash Conversion Cycle 33191722384848586961
Entity Percentage Holding
Promoters 61.15%
Non-Institutions 38.85%
Pledged *22.6425.9021.3917.9217.9213.5613.5613.5613.5613.56
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Jindal Worldwide Ltd.'s performance infers:

Jindal Worldwide Ltd. earnings have grown by 0.8%, whereas share price has appreciated 29.8% 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 Jindal Worldwide Ltd. share prices over the last 10 years. Here is what we found out:

Jindal Worldwide Ltd. share price has appreciated 5.5% annually over the past ten years.

Jindal Worldwide was incorporated under the Indian Companies Act 1956 and went public in 1995. The company has issued capital of Rs 50130100 divided into 5013010 equity shares of 10 each. The company is listed on the Ahmedabad and Bombay stock exchanges. The main objective of the company is establishing itself as a market leader in the field of home textiles and readymade garment exports by rendering efficient and effective services and total customer satisfaction. The company is a

Jindal Worldwide was incorporated under the Indian Companies Act 1956 and went public in 1995. The company has issued capital of Rs 50130100 divided into 5013010 equity shares of 10 each. The company is listed on the Ahmedabad and Bombay stock exchanges. The main objective of the company is establishing itself as a market leader in the field of home textiles and readymade garment exports by rendering efficient and effective services and total customer satisfaction. The company is a government recognized trading house with an average annual export turnover of Rs 2068.12 lakh as on March 31, 2004. As a mark of quality assurance and commitment to total customer satisfaction, the company has been awarded the ISO 9001:2000 certification.

Established in 1976, Jindal began fabric trading and steadily expanded into weaving, processing and home textiles. The company went public in 1995 and since then continued to increase scale and range of its operations. Today, Jindal has dedicated workforce of around 3000 people and is making its presence globally. The group has diversified into various activities such as textiles, chemicals, financial services and trading. The group demonstrates its ability to manage well diversified businesses using professional management and financial acumen have resulted the group enjoying fine reputation in the market.

Being the topmost manufacturer & exporters of India, Jindal’s fine textile products represent delightful blend of century old traditions of the east and the latest textile technology of the west. Since its establishment, it has achieved both domestic and international recognition. Some of the world’s leading brands and home furnishing importers rely on the company to give them the quality edge. The group is a government Recognized Export House having one of the largest manufacturing & stitching capacity in Bedlinens in India The Textiles promotion Council has bestowed this group company with a number of awards for excellence in exports.

Jindal Worldwide is also recognized as one of the largest manufacturer exporters of dyes & intermediates from India. Being among top three of H-acid in India, the company today works with major buyers and across the globe such BASF, Hoechst, Crompton & Knowles apart from leading colour manufacturers in the Far East, Europe and Latin America. The company has won many laurels from apex industry bodies like Gujarat Dyestuffs manufactures Association as well as NIRI, which was acknowledged it as one of the Quality Exporters of Dyes & Intermediates.

Products:

1. Bedlinens - Jindal Worldwide offers value-added bedlinens with all short of fancy confections like embroidery, embellishments which are then packed as per the buyer’s specifications for retail outlets. The range of Bedlinen includes

    » Quilt Covers / Duvet Covers    » Flat and Fitted Sheets    » Pillow Covers    » Valance Sheets    » Bolster Case

2. Curtains - Jindal’s range of curtains covers range of window-fashion series including panels, scarves, Tiers, Valances and Jabots in various design & colours. It offers a variety in terms of fabric like:

    » Sheers    » Jacquard    » Voil    » Organdy    » Canvass    » Satins

3. Table linen - The company's new focus is on table linen and kitchen linen business which is increasing demand and a fashion trend in Europe and US markets.

It is now developing exclusive fashions and exquisite prints to bring fashion in this segment. Jindal is developing the entire range right from :

    » Tablecloth    » Placemats    » Napkins    » Runners    » Breadbasket    » Kitchen towels    » Aprons    » Potholders    » Gloves

4. Fabric

Clientele:

• Walmart

• Matex

• Metro

• Westpoint Stevens

• Disnep

• Zellers

• Springs

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

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