BSE:522263

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JMC Projects (India)

Executive Summary

JMC Projects (India) Limited engages in the business of engineering, procurement, and construction relating to infrastructure sector in India, Ethiopia, and Sri Lanka.


Snowflake Analysis

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has JMC Projects (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 522263's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.8%

522263

0.05%

IN Construction

1.1%

IN Market


1 Year Return

-60.3%

522263

-34.1%

IN Construction

-5.6%

IN Market

Return vs Industry: 522263 underperformed the Indian Construction industry which returned -34.1% over the past year.

Return vs Market: 522263 underperformed the Indian Market which returned -5.6% over the past year.


Shareholder returns

522263IndustryMarket
7 Day-2.8%0.05%1.1%
30 Day16.3%4.6%8.1%
90 Day45.6%20.0%18.4%
1 Year-60.1%-60.3%-32.6%-34.1%-3.7%-5.6%
3 Year-20.8%-22.0%-29.5%-32.5%0.9%-3.9%
5 Year6.8%-0.2%-23.3%-28.2%25.2%15.6%

Price Volatility Vs. Market

How volatile is JMC Projects (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is JMC Projects (India) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 522263 (₹51.1) is trading below our estimate of fair value (₹133.32)

Significantly Below Fair Value: 522263 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 522263 is poor value based on its PE Ratio (730x) compared to the IN Construction industry average (9.3x).

PE vs Market: 522263 is poor value based on its PE Ratio (730x) compared to the Indian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 522263's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 522263 is overvalued based on its PB Ratio (1.6x) compared to the IN Construction industry average (0.5x).


Next Steps

Future Growth

How is JMC Projects (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.4%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as JMC Projects (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has JMC Projects (India) performed over the past 5 years?

47.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 522263 has high quality earnings.

Growing Profit Margin: 522263's current net profit margins (0.03%) are lower than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: 522263 has become profitable over the past 5 years, growing earnings by 47.9% per year.

Accelerating Growth: 522263's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 522263 had negative earnings growth (-98.4%) over the past year, making it difficult to compare to the Construction industry average (-2.9%).


Return on Equity

High ROE: 522263's Return on Equity (0.2%) is considered low.


Next Steps

Financial Health

How is JMC Projects (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 522263's short term assets (₹28.6B) exceed its short term liabilities (₹24.5B).

Long Term Liabilities: 522263's short term assets (₹28.6B) exceed its long term liabilities (₹22.7B).


Debt to Equity History and Analysis

Debt Level: 522263's debt to equity ratio (283.4%) is considered high.

Reducing Debt: 522263's debt to equity ratio has reduced from 479.4% to 283.4% over the past 5 years.

Debt Coverage: 522263's debt is well covered by operating cash flow (31.4%).

Interest Coverage: 522263's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


Next Steps

Dividend

What is JMC Projects (India) current dividend yield, its reliability and sustainability?

1.37%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 522263's dividend (1.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 522263's dividend (1.37%) is low compared to the top 25% of dividend payers in the Indian market (2.72%).


Stability and Growth of Payments

Stable Dividend: 522263's dividend payments have been volatile in the past 10 years.

Growing Dividend: 522263's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (1000%), 522263's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.3yrs

Average management tenure


CEO

Shailendra Tripathi (56yo)

7.25yrs

Tenure

₹35,530,000

Compensation

Mr. Shailendra Kumar Tripathi, B. E. Civil, has been the Chief Executive Officer and President of JMC Projects (India) Ltd. since April 1, 2013. Mr. Tripathi has been the Deputy Managing Director of JMC Pr ...


CEO Compensation Analysis

Compensation vs Market: Shailendra's total compensation ($USD472.70K) is above average for companies of similar size in the Indian market ($USD48.96K).

Compensation vs Earnings: Shailendra's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Shailendra Tripathi
CEO, Deputy MD7.25yrs₹35.53mno data
Samir Raval
Company Secretary & Compliance Officerno data₹4.06m0.000050% 4.3k
Vardhan Dharkar
Chief Financial Officer0.42yrno datano data
Nitin Parikh
Assistant Vice President of Accountsno data₹1.27mno data
Atul Shah
Senior Vice President of Western India Operationno data₹815.00kno data
Narendra Kantawala
Vice President of Contractsno data₹919.00kno data
Sauranbh Shrirup
Assistant Vice President11.25yrs₹2.70mno data
G. Shanthakumar
Assistant Vice President of Projectno data₹2.82mno data
D. Narayana
Assistant Vice Presidentno data₹2.40mno data
Nawrang Punia
Assistant Vice President of Project13.25yrs₹2.40mno data

9.3yrs

Average Tenure

58yo

Average Age

Experienced Management: 522263's management team is seasoned and experienced (9.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shailendra Tripathi
CEO, Deputy MD7.25yrs₹35.53mno data
Kamal Jain
Non-Executive Director15.42yrsno datano data
Hemant Modi
Non Executive Non Independent Director7.25yrs₹3.20m0.29% 25.3m
Manish Mohnot
Non Executive Director11.17yrsno datano data
Devendra Mehta
Independent Chairman11.58yrs₹3.65mno data
Shailendra Mehta
Independent Director8.42yrs₹3.35mno data
Anjali Seth
Independent Director3.17yrs₹1.40mno data

8.8yrs

Average Tenure

61yo

Average Age

Experienced Board: 522263's board of directors are considered experienced (8.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

JMC Projects (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JMC Projects (India) Limited
  • Ticker: 522263
  • Exchange: BSE
  • Founded: 1982
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹8.580b
  • Shares outstanding: 167.91m
  • Website: https://www.jmcprojects.com

Location

  • JMC Projects (India) Limited
  • Kalpataru Synergy
  • 6th Floor
  • Mumbai
  • Maharashtra
  • 400055
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
522263BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2004
JMCPROJECTNSEI (National Stock Exchange of India)YesEquity SharesININROct 2004
522263BSE (Mumbai Stock Exchange)INR2(POST SUB DIVSION)ININROct 2018
JMCPROJECTNSEI (National Stock Exchange of India)INR2(POST SUB DIVSION)ININROct 2018

Biography

JMC Projects (India) Limited engages in the business of engineering, procurement, and construction relating to infrastructure sector in India, Ethiopia, and Sri Lanka. It undertake projects, such as residential townships, institutional buildings, office spaces, IT parks, hospitals, medical colleges, hotels, malls or other multi-utility places, etc. The company also provides engineering, design, procurement, and construction services for industrial projects, including automobile and ancillary, chemical, food processing, metals, pharmaceutical, and power industries, as well as constructs tourism, and sports complexes and facilities. It also constructs infrastructure projects, such as highways/expressways/roads, flyovers/bridges/elevated corridors, metro rail systems, and other railway projects, as well as water related projects. The company was founded in 1982 and is based in Mumbai, India. JMC Projects (India) Limited is a subsidiary of Kalpataru Power Transmission Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/12 12:56
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.