BSE:500220

Stock Analysis Report

Executive Summary

Jasch Industries Limited manufactures and sells coated textiles and electronic thickness gauges in India and internationally.


Snowflake Analysis

Excellent balance sheet with solid track record.

Share Price & News

How has Jasch Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 500220's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.9%

500220

1.1%

IN Luxury

-0.8%

IN Market


1 Year Return

-36.3%

500220

18.4%

IN Luxury

11.1%

IN Market

Return vs Industry: 500220 underperformed the Indian Luxury industry which returned 16.6% over the past year.

Return vs Market: 500220 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

500220IndustryMarket
7 Day-7.9%1.1%-0.8%
30 Day-20.2%3.3%-2.3%
90 Day-0.5%9.6%2.1%
1 Year-36.3%-36.3%19.2%18.4%13.1%11.1%
3 Year-39.8%-39.8%54.9%51.5%22.9%16.2%
5 Year41.9%41.9%106.1%99.4%34.9%22.6%

Price Volatility Vs. Market

How volatile is Jasch Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Jasch Industries undervalued compared to its fair value and its price relative to the market?

38.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 500220 (₹31.3) is trading below our estimate of fair value (₹50.8)

Significantly Below Fair Value: 500220 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 500220 is good value based on its PE Ratio (4.4x) compared to the Luxury industry average (11.1x).

PE vs Market: 500220 is good value based on its PE Ratio (4.4x) compared to the Indian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500220's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500220 is overvalued based on its PB Ratio (0.6x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Jasch Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.8%

Forecasted Consumer Durables 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 Jasch Industries 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 Jasch Industries performed over the past 5 years?

23.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500220 has high quality earnings.

Growing Profit Margin: 500220's current net profit margins (4.5%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: 500220's earnings have grown significantly by 23.4% per year over the past 5 years.

Accelerating Growth: 500220's earnings growth over the past year (81.6%) exceeds its 5-year average (23.4% per year).

Earnings vs Industry: 500220 earnings growth over the past year (81.6%) exceeded the Luxury industry 2.5%.


Return on Equity

High ROE: 500220's Return on Equity (14.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Jasch Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 500220's short term assets (₹779.5M) exceed its short term liabilities (₹532.3M).

Long Term Liabilities: 500220's short term assets (₹779.5M) exceed its long term liabilities (₹115.3M).


Debt to Equity History and Analysis

Debt Level: 500220's debt to equity ratio (52.7%) is considered high.

Reducing Debt: 500220's debt to equity ratio has reduced from 63.2% to 52.7% over the past 5 years.

Debt Coverage: 500220's debt is well covered by operating cash flow (46.7%).

Interest Coverage: 500220's interest payments on its debt are well covered by EBIT (8.7x coverage).


Balance Sheet

Inventory Level: 500220 has a high level of physical assets or inventory.

Debt Coverage by Assets: 500220's debt is covered by short term assets (assets are 2.7x debt).


Next Steps

Dividend

What is Jasch Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.5%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 500220's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 500220's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 500220's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500220's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 500220 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500220's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

13.8yrs

Average board tenure


CEO

Jai Garg (73yo)

13.8yrs

Tenure

₹10,761,120

Compensation

Mr. Jai Kishan Garg serves as the Executive Chairman of Jasch Industries Ltd. and has been its Managing Director since April 2006. Mr. Garg has been Whole Time Director of Jasch Industries Ltd. since Decem ...


CEO Compensation Analysis

Compensation vs Market: Jai's total compensation ($USD150.48K) is above average for companies of similar size in the Indian market ($USD50.21K).

Compensation vs Earnings: Jai's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Jai Garg
Executive Chairman & MD13.8yrs₹10.76m5.69% 20.8m
Ramnik Garg
Executive Director16.6yrs₹7.20m13.02% 47.6m
Navneet Garg
Executive Director13.8yrs₹7.20m8.53% 31.2m
Kailash Varshney
Independent Non-Executive Director0yrsno datano data
Kuldeep Singal
Independent Non-Executive Director0yrsno datano data
Manish Garg
Director7.6yrs₹9.26m11.4% 41.7m
Krishan Khetarpaul
Independent Non-Executive Director0yrsno datano data
Naresh Kumar
Independent Non-Executive Director5.8yrsno datano data

13.8yrs

Average Tenure

71yo

Average Age

Experienced Board: 500220's board of directors are seasoned and experienced ( 13.8 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Jasch Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jasch Industries Limited
  • Ticker: 500220
  • Exchange: BSE
  • Founded: 1985
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹365.959m
  • Shares outstanding: 11.33m
  • Website: https://www.jaschindustries.com

Location

  • Jasch Industries Limited
  • 43/5, Bahalgarh Road
  • P.O. Bahalgarh
  • Sonipat
  • Haryana
  • 131021
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500220BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005

Biography

Jasch Industries Limited manufactures and sells coated textiles and electronic thickness gauges in India and internationally. The company operates through two segments, Synthetic Leather Cloth & Allied Products, and Electronic Thickness Gauge. It offers polyurethane coated fabrics are used in automotive, contract upholstery, footwear, leather goods, sports, technical garments, healthcare, and polymeric films and breathable membranes; PU resins; and industrial gauges. The company was formerly known as Jasch Polymers Ltd and changed its name to Jasch Industries Limited in September 1993. Jasch Industries Limited was founded in 1985 and is based in Sonipat, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 12:33
End of Day Share Price2020/02/17 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.