Jindal Worldwide Ltd Stock Analysis

BSE: 531543 | NSE: JINDWORLD | Textile | Small Cap

BSE Share Price Aug 05, 18:03
206.15 -10.05 (-4.65%)

DeciZen - Make an Informed Decision on Jindal Worldwide

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Jindal Worldwide Price Chart

P/E Ratio (SA) :
38.09
Market Cap :
4,133.7 Cr.
52-wk low :
57.3
52-wk high :
387.8
Bole Toh?

1. Is Jindal Worldwide Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Jindal Worldwide Ltd is a below average quality company.

2. Is Jindal Worldwide Ltd undervalued or overvalued?

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

3. Is Jindal Worldwide Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jindal Worldwide 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 Jindal Worldwide:

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.
Jindal Worldwide Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 12.9%11.3%11.4%9.2%13.7%12.4%13.1%8.3%8.8%7.4%-
Value Creation Index -0.1-0.2-0.2-0.4-0.0-0.1-0.1-0.4-0.4-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5036067808401,0091,1581,6432,1142,0171,7102,584
YoY Gr. Rt. %-20.5%28.8%7.7%20.1%14.7%41.9%28.6%-4.6%-15.2%-
Adj EPS 0.70.61.31.42.22.42.81.31.61.55.4
YoY Gr. Rt. %--16.7%108.3%9.6%58.4%12.4%16.4%-54.2%19.2%-1.9%-
BVPS (₹) 55.76.98.610.613.51617.218.720.926.7
Adj Net Profit 14.512.12527.443.548.956.926.131.130.5108
Cash Flow from Ops. 46.339.7-1.19798.77.828.816964.585.6-
Debt/CF from Ops. 2.54-294.13.63.54816.32.685.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.6%11.1%1.3%-15.2%
Adj EPS 8.7%-6.9%-18.8%-1.9%
BVPS 17.314.69.411.7
Share Price 36.3% 19.9% 44.2% 187.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 15.511.319.617.622.620.219.27.88.67.722.7
Op. Profit Mgn % 7.57.5910.61411.9116.26.96.78.2
Net Profit Mgn % 2.923.23.34.34.23.51.21.51.84.2
Debt to Equity 1.21.42.221.61.41.51.31.410.2
Working Cap Days 119104111119113131134127135161125
Cash Conv. Cycle 17223848485869617611052

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 22.70%

Sales growth is good in last 4 quarters at 270.80%

Sales growth has been subdued in last 3 years 1.33%

Net Profit has been subdued in last 3 years -18.81%

Debt to equity has increased versus last 3 years average to 1.04

Latest Financials - Jindal Worldwide Ltd.

Standalone Consolidated
TTM EPS (₹) 5.4 5.5
TTM Sales (₹ Cr.) 2,584 2,559
BVPS (₹.) 26.7 26.7
Reserves (₹ Cr.) 514 516
P/BV 7.74 7.69
PE 38.09 37.72
From the Market
52 Week Low / High (₹) 57.30 / 387.75
All Time Low / High (₹) 0.08 / 387.75
Market Cap (₹ Cr.) 4,134
Equity (₹ Cr.) 20.1
Face Value (₹) 1
Industry PE 20.6

Management X-Ray of Jindal Worldwide :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *13.5613.5613.567.637.637.637.617.606.216.21
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Login/Register to view analysis.

Key Ratios of Jindal Worldwide

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

About Jindal Worldwide Ltd

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

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 | Register Now