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JMC Projects (India)

BSE:522263
Snowflake Description

Proven track record with reasonable growth potential and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
522263
BSE
₹19B
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

JMC Projects (India) Limited engages in the business of engineering, procurement, and construction relating to infrastructure sector in India, Ethiopia, and Sri Lanka. The last earnings update was 15 days ago. More info.


Add to Portfolio Compare Print
  • JMC Projects (India) has significant price volatility in the past 3 months.
522263 Share Price and Events
7 Day Returns
7.3%
BSE:522263
8.9%
IN Construction
4.3%
IN Market
1 Year Returns
-10.9%
BSE:522263
-5.4%
IN Construction
0.3%
IN Market
522263 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
JMC Projects (India) (522263) 7.3% -0.4% 25.7% -10.9% 117.1% 317.8%
IN Construction 8.9% 2.9% 13.3% -5.4% 45.1% 32.8%
IN Market 4.3% -1.1% 6.7% 0.3% 36.5% 45.2%
1 Year Return vs Industry and Market
  • 522263 underperformed the Construction industry which returned -5.4% over the past year.
  • 522263 underperformed the Market in India which returned 0.3% over the past year.
Price Volatility
522263
Industry
5yr Volatility vs Market

522263 Value

 Is JMC Projects (India) undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of JMC Projects (India) to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for JMC Projects (India).

BSE:522263 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 19%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:522263
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Construction Unlevered Beta Simply Wall St/ S&P Global 0.99
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.988 (1 + (1- 35%) (79.14%))
1.333
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.33
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.333 * 8.6%)
19.01%

Discounted Cash Flow Calculation for BSE:522263 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for JMC Projects (India) is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:522263 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 19.01%)
2019 -316.00 Analyst x1 -265.52
2020 73.00 Analyst x1 51.54
2021 401.00 Analyst x1 237.90
2022 186.52 Est @ -53.49% 92.98
2023 120.91 Est @ -35.18% 50.64
2024 93.87 Est @ -22.36% 33.04
2025 81.31 Est @ -13.39% 24.05
2026 75.53 Est @ -7.11% 18.77
2027 73.49 Est @ -2.71% 15.34
2028 73.76 Est @ 0.37% 12.94
Present value of next 10 years cash flows ₹271.68
BSE:522263 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹73.76 × (1 + 7.55%) ÷ (19.01% – 7.55%)
₹692.18
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹692.18 ÷ (1 + 19.01%)10
₹121.45
BSE:522263 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹271.68 + ₹121.45
₹393.12
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹393.12 / 167.91
₹2.34
BSE:522263 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹2.34
Current discount Discount to share price of ₹118.25
= -1 x (₹118.25 - ₹2.34) / ₹2.34
-4950.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of JMC Projects (India) is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for JMC Projects (India)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are JMC Projects (India)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:522263 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹4.56
BSE:522263 Share Price ** BSE (2019-05-23) in INR ₹118.25
India Construction Industry PE Ratio Median Figure of 90 Publicly-Listed Construction Companies 14.56x
India Market PE Ratio Median Figure of 2,766 Publicly-Listed Companies 15.4x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of JMC Projects (India).

BSE:522263 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:522263 Share Price ÷ EPS (both in INR)

= 118.25 ÷ 4.56

25.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • JMC Projects (India) is overvalued based on earnings compared to the IN Construction industry average.
  • JMC Projects (India) is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does JMC Projects (India)'s expected growth come at a high price?
Raw Data
BSE:522263 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 25.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
39.8%per year
India Construction Industry PEG Ratio Median Figure of 27 Publicly-Listed Construction Companies 0.88x
India Market PEG Ratio Median Figure of 558 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

BSE:522263 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 25.93x ÷ 39.8%

0.65x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • JMC Projects (India) is good value based on expected growth next year.
Price based on value of assets
What value do investors place on JMC Projects (India)'s assets?
Raw Data
BSE:522263 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹33.91
BSE:522263 Share Price * BSE (2019-05-23) in INR ₹118.25
India Construction Industry PB Ratio Median Figure of 121 Publicly-Listed Construction Companies 0.98x
India Market PB Ratio Median Figure of 3,639 Publicly-Listed Companies 1.04x
BSE:522263 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:522263 Share Price ÷ Book Value per Share (both in INR)

= 118.25 ÷ 33.91

3.49x

* Primary Listing of JMC Projects (India).

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • JMC Projects (India) is overvalued based on assets compared to the IN Construction industry average.
X
Value checks
We assess JMC Projects (India)'s value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. JMC Projects (India) has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

522263 Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
39.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is JMC Projects (India) expected to grow at an attractive rate?
  • JMC Projects (India)'s earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • JMC Projects (India)'s earnings growth is expected to exceed the India market average.
  • JMC Projects (India)'s revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:522263 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:522263 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 39.8%
BSE:522263 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 11.5%
India Construction Industry Earnings Growth Rate Market Cap Weighted Average 14.5%
India Construction Industry Revenue Growth Rate Market Cap Weighted Average 11.3%
India Market Earnings Growth Rate Market Cap Weighted Average 17.1%
India Market Revenue Growth Rate Market Cap Weighted Average 10.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:522263 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:522263 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 42,977 1,424 1,827 1
2020-03-31 38,009 1,186 1,617 1
BSE:522263 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 34,072 766
2018-03-31 28,881 3,916 268
2017-03-31 24,721 4,507 -430

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • JMC Projects (India)'s earnings are expected to grow significantly at over 20% yearly.
  • JMC Projects (India)'s revenue is expected to grow by 11.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:522263 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from JMC Projects (India) Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:522263 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 10.90 10.90 10.90 1.00
2020-03-31 9.60 9.60 9.60 1.00
BSE:522263 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 4.56
2018-03-31 1.60
2017-03-31 -2.56

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • JMC Projects (India) is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess JMC Projects (India)'s future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
JMC Projects (India) has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

522263 Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare JMC Projects (India)'s growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • JMC Projects (India) has delivered over 20% year on year earnings growth in the past 5 years.
  • JMC Projects (India)'s 1-year earnings growth exceeds its 5-year average (185.5% vs 42.4%)
  • JMC Projects (India)'s earnings growth has exceeded the IN Construction industry average in the past year (185.5% vs 21.9%).
Earnings and Revenue History
JMC Projects (India)'s revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from JMC Projects (India) Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:522263 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 34,072.20 766.40 3,052.40
2018-03-31 28,881.39 268.47 3,270.79
2017-03-31 24,721.38 -429.76 2,915.74
2016-03-31 25,440.94 -663.24 2,818.00
2015-03-31 24,697.79 -243.01 2,603.17
2014-03-31 26,637.14 -106.15 2,054.73
2013-03-31 25,424.24 85.84 1,785.67

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • JMC Projects (India) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • JMC Projects (India) used its assets less efficiently than the IN Construction industry average last year based on Return on Assets.
  • JMC Projects (India) has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess JMC Projects (India)'s performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
JMC Projects (India) has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

522263 Health

 How is JMC Projects (India)'s financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up JMC Projects (India)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • JMC Projects (India) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • JMC Projects (India)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of JMC Projects (India)'s finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from JMC Projects (India) Company Filings, last reported 1 month ago.

BSE:522263 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 5,698.90 15,188.70 1,072.80
2018-03-31 5,011.00 16,909.55 1,751.49
2017-03-31 4,811.17 15,972.01 274.59
2016-03-31 5,304.32 17,046.23 369.28
2015-03-31 4,172.47 20,047.49 222.69
2014-03-31 4,506.59 15,072.51 288.36
2013-03-31 4,164.52 9,059.95 355.77
  • JMC Projects (India)'s level of debt (266.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (334.8% vs 266.5% today).
  • Debt is well covered by operating cash flow (25.8%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess JMC Projects (India)'s financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. JMC Projects (India) has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

522263 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.59%
Current annual income from JMC Projects (India) dividends. Estimated to be 0.59% next year.
If you bought ₹2,000 of JMC Projects (India) shares you are expected to receive ₹12 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • JMC Projects (India)'s pays a higher dividend yield than the bottom 25% of dividend payers in India (0.54%).
  • JMC Projects (India)'s dividend is below the markets top 25% of dividend payers in India (2%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:522263 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
India Construction Industry Average Dividend Yield Market Cap Weighted Average of 50 Stocks 1.2%
India Market Average Dividend Yield Market Cap Weighted Average of 1409 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:522263 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 0.70 1.00
2020-03-31 0.70 1.00
BSE:522263 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-05-08 0.700 0.622
2018-07-12 0.600 0.630
2017-07-14 0.300 0.299
2016-06-30 0.200 0.410
2015-10-01 0.200 0.436
2014-09-02 0.200 0.548
2014-05-28 0.200 0.682
2013-07-01 0.200 1.321
2013-05-16 0.200 1.336
2012-08-06 0.400 2.055
2011-05-12 0.400 1.640
2011-05-11 0.400 1.350
2010-05-31 0.400 1.083
2010-05-27 0.400 0.954
2009-09-04 0.400 1.167
2009-06-01 0.400 1.200

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of JMC Projects (India)'s earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (6.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (15.6x coverage).
X
Income/ dividend checks
We assess JMC Projects (India)'s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can JMC Projects (India) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. JMC Projects (India) has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

522263 Management

 What is the CEO of JMC Projects (India)'s salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Shailendra Tripathi
COMPENSATION ₹29,080,000
AGE 54
TENURE AS CEO 6.1 years
CEO Bio

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 Projects (India) Ltd. since May 17, 2012. Mr. Tripathi served as the President and Chief Operating Officer at JMC Projects (India) Ltd. since July 7, 2008. Mr. Tripathi has been an Executive Director of JMC Projects (India) Ltd. since October 22, 2011. He served at Oriental Structural Engineers, L & T and Gammon India Ltd. He holds BE Civil and MBEM.

CEO Compensation
  • Shailendra's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Shailendra's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the JMC Projects (India) management team in years:

8.2
Average Tenure
54
Average Age
  • The average tenure for the JMC Projects (India) management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Shailendra Tripathi

TITLE
CEO, Deputy MD
COMPENSATION
₹29M
AGE
54
TENURE
6.1 yrs

Manoj Tulsian

TITLE
CFO, Director of Finance & Whole-Time Director
COMPENSATION
₹24M
AGE
47
TENURE
6.3 yrs

Samir Raval

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹4M

Nitin Parikh

TITLE
Assistant Vice President of Accounts
AGE
62

Atul Shah

TITLE
Senior Vice President of Western India Operation
AGE
59

Narendra Kantawala

TITLE
Vice President of Contracts
AGE
67

Sauranbh Shrirup

TITLE
Assistant Vice President
COMPENSATION
₹3M
AGE
51
TENURE
10.1 yrs

G. Shanthakumar

TITLE
Assistant Vice President of Project
COMPENSATION
₹3M
AGE
52

D. Narayana

TITLE
Assistant Vice President
COMPENSATION
₹2M
AGE
53

Nawrang Punia

TITLE
Assistant Vice President of Project
COMPENSATION
₹2M
AGE
60
TENURE
12.1 yrs
Board of Directors Tenure

Average tenure and age of the JMC Projects (India) board of directors in years:

7.4
Average Tenure
59
Average Age
  • The tenure for the JMC Projects (India) board of directors is about average.
Board of Directors

Devendra Mehta

TITLE
Chairman
COMPENSATION
₹3M
AGE
81
TENURE
10.4 yrs

Shailendra Tripathi

TITLE
CEO, Deputy MD
COMPENSATION
₹29M
AGE
54
TENURE
7.6 yrs

Manoj Tulsian

TITLE
CFO, Director of Finance & Whole-Time Director
COMPENSATION
₹24M
AGE
47
TENURE
3 yrs

Kamal Jain

TITLE
Non-Executive Director
AGE
59
TENURE
14.3 yrs

Shailendra Mehta

TITLE
Non Executive Independent Director
COMPENSATION
₹2M
AGE
59
TENURE
7.3 yrs

Hemant Modi

TITLE
Non Executive Non Independent Director
COMPENSATION
₹2M
AGE
63
TENURE
6.1 yrs

Manish Mohnot

TITLE
Non Executive Director
AGE
45
TENURE
10 yrs

Anjali Seth

TITLE
Independent Director
COMPENSATION
₹1M
AGE
60
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess JMC Projects (India)'s management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. JMC Projects (India) has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

522263 News

Simply Wall St News

522263 Company Info

Description

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, chemical, electronics consumer good, pharmaceutical, cement, textile, and food 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 headquartered in Mumbai, India. JMC Projects (India) Limited is a subsidiary of Kalpataru Power Transmission Limited.

Details
Name: JMC Projects (India) Limited
522263
Exchange: BSE
Founded: 1982
₹19,191,560,931
167,905,170
Website: http://www.jmcprojects.com
Address: JMC Projects (India) Limited
Kalpataru Synergy,
6th Floor,
Mumbai,
Maharashtra, 400055,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 522263 Equity Shares Mumbai Stock Exchange IN INR 15. Oct 2004
NSEI JMCPROJECT Equity Shares National Stock Exchange of India IN INR 15. Oct 2004
BSE 522263 INR2(POST SUB DIVSION) Mumbai Stock Exchange IN INR 04. Oct 2018
NSEI JMCPROJECT INR2(POST SUB DIVSION) National Stock Exchange of India IN INR 04. Oct 2018
Number of employees
Current staff
Staff numbers
0
JMC Projects (India) employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 12:31
End of day share price update: 2019/05/23 00:00
Last estimates confirmation: 2019/05/14
Last earnings filing: 2019/05/08
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.