| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | ₹3.72 |
| 52 Week High | ₹8.28 |
| 52 Week Low | ₹2.41 |
| Beta | 0.036 |
| 1 Month Change | 20.39% |
| 3 Month Change | -0.53% |
| 1 Year Change | 9.41% |
| 3 Year Change | 261.17% |
| 5 Year Change | -8.37% |
| Change since IPO | -75.20% |
Recent News & Updates
Shareholder Returns
| 500223 | IN Luxury | IN Market | |
|---|---|---|---|
| 7D | 11.7% | 1.2% | 1.0% |
| 1Y | 9.4% | 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
| 500223 volatility | |
|---|---|
| 500223 Average Weekly Movement | 8.8% |
| Luxury Industry Average Movement | 7.1% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in IN Market | 9.2% |
| 10% least volatile stocks in IN Market | 4.3% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1946 | 3,683 | Samir Thapar | https://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
| 500223 fundamental statistics | |
|---|---|
| Market Cap | ₹3.23b |
| Earnings (TTM) | ₹96.30m |
| Revenue (TTM) | ₹8.04b |
33.5x
P/E Ratio0.4x
P/S RatioIs 500223 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 Margin | 20.73% |
| Net Profit Margin | 1.20% |
| Debt/Equity Ratio | 49.2% |
How did 500223 perform over the long term?
See historical performance and comparisonValuation
Is 500223 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation 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.
| What is 500223's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹3.23b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.6x |
| Enterprise Value/EBITDA | 16.4x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does 500223's PE Ratio compare to its peers?
| 500223 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 12x | ||
500264 Mafatlal Industries | 5.4x | n/a | ₹3.3b |
538119 R & B Denims | 17.2x | n/a | ₹3.7b |
503804 Shri Dinesh Mills | 12.1x | n/a | ₹3.6b |
512626 Orbit Exports | 13.1x | n/a | ₹3.6b |
500223 JCT | 33.5x | n/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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 33.5x |
| Fair PE Ratio | n/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
0/6Future 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
1/6Past 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
2/6Financial 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
0/6Dividend 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/09 00:00 |
| End of Day Share Price | 2022/08/08 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.