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5002

JCT BSE:500223 Stock Report

Last Price

₹3.72

Market Cap

₹3.2b

7D

11.7%

1Y

9.4%

Updated

09 Aug, 2022

Data

Company Financials
500223 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends0/6

500223 Stock Overview

JCT Limited engages in the manufacture and sale of cloth and nylon filament yarn products in India and internationally.

JCT Competitors

Price History & Performance

Summary of all time highs, changes and price drops for JCT
Historical stock prices
Current Share Price₹3.72
52 Week High₹8.28
52 Week Low₹2.41
Beta0.036
1 Month Change20.39%
3 Month Change-0.53%
1 Year Change9.41%
3 Year Change261.17%
5 Year Change-8.37%
Change since IPO-75.20%

Recent News & Updates

Shareholder Returns

500223IN LuxuryIN Market
7D11.7%1.2%1.0%
1Y9.4%19.2%8.0%

Return vs Industry: 500223 underperformed the Indian Luxury industry which returned 19.2% over the past year.

Return vs Market: 500223 exceeded the Indian Market which returned 8% over the past year.

Price Volatility

Is 500223's price volatile compared to industry and market?
500223 volatility
500223 Average Weekly Movement8.8%
Luxury Industry Average Movement7.1%
Market Average Movement6.6%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.3%

Stable Share Price: 500223 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 500223's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
19463,683Samir Thaparhttps://www.jct.co.in

JCT Limited engages in the manufacture and sale of cloth and nylon filament yarn products in India and internationally. It operates through two segments, Textiles and Filament Yarn. The company provides cotton, polyester, nylon, and various blends, including cotton/polyester, cotton/nylon, and polyester/viscose materials; single and plied yarns; cotton lycra and P/C lycra stretch materials; and bamboo and linen fibers, as well as various weaves comprising twills, plains, dobbies, ripstops, cords, satins, oxfords, ducks, drills, tussores, ottomans, etc. for use in fashion wear, sportswear, outerwear, defense active wear, school uniforms, and infant and medical wear.

JCT Fundamentals Summary

How do JCT's earnings and revenue compare to its market cap?
500223 fundamental statistics
Market Cap₹3.23b
Earnings (TTM)₹96.30m
Revenue (TTM)₹8.04b

33.5x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500223 income statement (TTM)
Revenue₹8.04b
Cost of Revenue₹6.37b
Gross Profit₹1.67b
Other Expenses₹1.57b
Earnings₹96.30m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 12, 2022

Earnings per share (EPS)0.11
Gross Margin20.73%
Net Profit Margin1.20%
Debt/Equity Ratio49.2%

How did 500223 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 500223 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500223?

Other financial metrics that can be useful for relative valuation.

500223 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA16.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 500223's PE Ratio compare to its peers?

500223 PE Ratio vs Peers
The above table shows the PE ratio for 500223 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12x
500264 Mafatlal Industries
5.4xn/a₹3.3b
538119 R & B Denims
17.2xn/a₹3.7b
503804 Shri Dinesh Mills
12.1xn/a₹3.6b
512626 Orbit Exports
13.1xn/a₹3.6b
500223 JCT
33.5xn/a₹3.2b

Price-To-Earnings vs Peers: 500223 is expensive based on its Price-To-Earnings Ratio (33.5x) compared to the peer average (12x).


Price to Earnings Ratio vs Industry

How does 500223's PE Ratio compare vs other companies in the IN Luxury Industry?

Price-To-Earnings vs Industry: 500223 is expensive based on its Price-To-Earnings Ratio (33.5x) compared to the Indian Luxury industry average (13x)


Price to Earnings Ratio vs Fair Ratio

What is 500223's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

500223 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 500223's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 500223 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 500223 (₹3.72) is trading above our estimate of fair value (₹1.49)

Significantly Below Fair Value: 500223 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


23.7%

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 JCT 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.


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  • Take a look at our analysis of 500223’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • JCT competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has JCT performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


27.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 500223 has a large one-off gain of ₹316.5M impacting its March 31 2022 financial results.

Growing Profit Margin: 500223's current net profit margins (1.2%) are lower than last year (2.2%).


Past Earnings Growth Analysis

Earnings Trend: 500223 has become profitable over the past 5 years, growing earnings by 27.1% per year.

Accelerating Growth: 500223's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 500223 had negative earnings growth (-34.5%) over the past year, making it difficult to compare to the Luxury industry average (72.5%).


Return on Equity

High ROE: 500223's Return on Equity (2.7%) is considered low.


Discover strong past performing companies

Financial Health

How is JCT's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 500223's short term assets (₹2.8B) do not cover its short term liabilities (₹3.7B).

Long Term Liabilities: 500223's short term assets (₹2.8B) exceed its long term liabilities (₹1.3B).


Debt to Equity History and Analysis

Debt Level: 500223's net debt to equity ratio (45.9%) is considered high.

Reducing Debt: 500223's debt to equity ratio has reduced from 275.4% to 49.2% over the past 5 years.

Debt Coverage: 500223's debt is not well covered by operating cash flow (19.1%).

Interest Coverage: 500223's interest payments on its debt are not well covered by EBIT (0.3x coverage).


Balance Sheet


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Dividend

What is JCT current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 500223's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 500223's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 500223's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500223's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 500223 has not reported any payouts.


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Management

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

1.2yrs

Average management tenure


CEO

Samir Thapar (57 yo)

no data

Tenure

₹28,289,000

Compensation

Mr. Samir Thapar has been the Managing Director of JCT Ltd at Gupta & Syal Ltd. since June 2, 1994. Mr. Thapar serves as the President of the Indian Body Building Federation and Executive Vice-President of...


CEO Compensation Analysis

Compensation vs Market: Samir's total compensation ($USD355.57K) is above average for companies of similar size in the Indian market ($USD37.79K).

Compensation vs Earnings: Samir's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 500223's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: 500223's board of directors are considered experienced (6.5 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

JCT Limited's employee growth, exchange listings and data sources


Key Information

  • Name: JCT Limited
  • Ticker: 500223
  • Exchange: BSE
  • Founded: 1946
  • Industry: Textiles
  • Sector: Consumer Durables
  • Implied Market Cap: ₹3.230b
  • Shares outstanding: 868.33m
  • Website: https://www.jct.co.in

Number of Employees


Location

  • JCT Limited
  • 601, Prabhat Kiran
  • 17th Rajendra Place
  • New Delhi
  • Delhi
  • 110008
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/08 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.