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Jaipan Industries

BSE:505840
Snowflake Description

Excellent balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
505840
BSE
₹103M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Jaipan Industries Limited manufactures and markets home appliances in India and internationally. The last earnings update was 68 days ago. More info.


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505840 Share Price and Events
7 Day Returns
-0.3%
BSE:505840
-1%
IN Consumer Durables
-1.2%
IN Market
1 Year Returns
-61.7%
BSE:505840
-14.1%
IN Consumer Durables
-2.5%
IN Market
505840 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jaipan Industries (505840) -0.3% 0.9% -17% -61.7% 45.5% 137.5%
IN Consumer Durables -1% 0.8% 4.2% -14.1% 54.9% 251.7%
IN Market -1.2% 1.4% 4.8% -2.5% 40% 69.9%
1 Year Return vs Industry and Market
  • 505840 underperformed the Consumer Durables industry which returned -14.1% over the past year.
  • 505840 underperformed the Market in India which returned -2.5% over the past year.
Price Volatility
505840
Industry
5yr Volatility vs Market

Value

 Is Jaipan Industries 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 Jaipan Industries 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 Jaipan Industries.

BSE:505840 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 17%
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:505840
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.918 (1 + (1- 35%) (37.09%))
1.094
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.094 * 8.6%)
16.96%

Discounted Cash Flow Calculation for BSE:505840 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Jaipan Industries 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:505840 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.96%)
2019 1.47 Est @ 11.52% 1.26
2020 1.62 Est @ 10.33% 1.19
2021 1.78 Est @ 9.5% 1.11
2022 1.94 Est @ 8.91% 1.04
2023 2.10 Est @ 8.5% 0.96
2024 2.27 Est @ 8.22% 0.89
2025 2.46 Est @ 8.02% 0.82
2026 2.65 Est @ 7.88% 0.76
2027 2.86 Est @ 7.78% 0.70
2028 3.08 Est @ 7.71% 0.64
Present value of next 10 years cash flows ₹9.36
BSE:505840 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹3.08 × (1 + 7.55%) ÷ (16.96% – 7.55%)
₹35.18
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹35.18 ÷ (1 + 16.96%)10
₹7.35
BSE:505840 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹9.36 + ₹7.35
₹16.70
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹16.70 / 6.10
₹2.74
BSE:505840 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹2.74
Current discount Discount to share price of ₹17.60
= -1 x (₹17.60 - ₹2.74) / ₹2.74
-542.7%

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

  • The current share price of Jaipan Industries 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 Jaipan Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jaipan Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:505840 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹0.10
BSE:505840 Share Price ** BSE (2019-04-23) in INR ₹17.6
India Consumer Durables Industry PE Ratio Median Figure of 42 Publicly-Listed Consumer Durables Companies 27.99x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.18x

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

** Primary Listing of Jaipan Industries.

BSE:505840 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:505840 Share Price ÷ EPS (both in INR)

= 17.6 ÷ 0.10

168x

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

  • Jaipan Industries is overvalued based on earnings compared to the IN Consumer Durables industry average.
  • Jaipan Industries is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Jaipan Industries's expected growth come at a high price?
Raw Data
BSE:505840 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 168x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
41.8%per year
India Consumer Durables Industry PEG Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 2.21x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Jaipan Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Jaipan Industries's assets?
Raw Data
BSE:505840 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹19.76
BSE:505840 Share Price * BSE (2019-04-23) in INR ₹17.6
India Consumer Durables Industry PB Ratio Median Figure of 47 Publicly-Listed Consumer Durables Companies 1.77x
India Market PB Ratio Median Figure of 3,629 Publicly-Listed Companies 1.1x
BSE:505840 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:505840 Share Price ÷ Book Value per Share (both in INR)

= 17.6 ÷ 19.76

0.89x

* Primary Listing of Jaipan Industries.

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

  • Jaipan Industries is good value based on assets compared to the IN Consumer Durables industry average.
X
Value checks
We assess Jaipan Industries'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 Consumer Durables 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 Consumer Durables industry average (and greater than 0)? (1 check)
  5. Jaipan Industries 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.

Future Performance

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

  • No analysts cover Jaipan Industries, future earnings growth has been estimated based on fundamentals.
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
41.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jaipan Industries expected to grow at an attractive rate?
  • Jaipan Industries's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Jaipan Industries's earnings growth is expected to exceed the India market average.
  • Unable to compare Jaipan Industries's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:505840 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:505840 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 41.8%
India Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 17.5%
India Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 13.2%
India Market Earnings Growth Rate Market Cap Weighted Average 18.3%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*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:505840 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:505840 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 272 0
2018-09-30 259 1
2018-06-30 288 32
2018-03-31 276 1 32
2017-12-31 274 33
2017-09-30 227 33
2017-06-30 169 0
2017-03-31 196 4 0
2016-12-31 178 -1
2016-09-30 184 -1
2016-06-30 225 0
2016-03-31 210 -1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Jaipan Industries's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Jaipan Industries is high growth as no revenue estimate data is available.
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:505840 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Jaipan Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:505840 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31
2018-09-30 0.10
2018-06-30 5.29
2018-03-31 5.28
2017-12-31
2017-09-30 5.30
2017-06-30 0.07
2017-03-31 0.06
2016-12-31 -0.12
2016-09-30 -0.18
2016-06-30 0.08
2016-03-31 0.05

*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.
  • Unable to establish if Jaipan Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Jaipan Industries'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.
Jaipan Industries has a total score of 3/6, 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.

Past Performance

  How has Jaipan Industries 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 Jaipan Industries's growth in the last year to its industry (Consumer Durables).
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.
  • Jaipan Industries has delivered over 20% year on year earnings growth in the past 5 years.
  • Jaipan Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Jaipan Industries's 1-year earnings growth is negative, it can't be compared to the IN Consumer Durables industry average.
Earnings and Revenue History
Jaipan Industries'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 Jaipan Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:505840 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 271.64 0.32 11.11
2018-09-30 259.03 0.63 11.75
2018-06-30 288.22 32.16 11.41
2018-03-31 275.80 32.22 11.93
2017-12-31 273.60 33.41 10.49
2017-09-30 226.80 33.22 8.45
2017-06-30 168.62 0.45 5.99
2017-03-31 196.24 0.37 7.70
2016-12-31 177.67 -0.73 9.14
2016-09-30 184.42 -1.08 9.55
2016-06-30 225.50 0.49 7.28
2016-03-31 210.14 0.30 9.95
2015-12-31 224.08 0.30 47.47
2015-09-30 244.48 0.45 49.20
2015-06-30 237.43 0.43 49.36
2015-03-31 292.96 0.97 23.99
2014-12-31 389.60 1.12 44.73
2014-09-30 410.23 0.99 45.67
2014-06-30 455.13 1.56 47.47
2014-03-31 400.09 1.28 47.04
2013-12-31 313.90 1.88 37.20
2013-09-30 295.51 1.77 35.46
2013-06-30 239.65 1.23 10.88
2013-03-31 266.91 1.43 34.68
2012-06-30 281.87 1.37 32.04

*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.
  • Jaipan Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Jaipan Industries used its assets less efficiently than the IN Consumer Durables industry average last year based on Return on Assets.
  • Jaipan Industries has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Jaipan Industries'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 Consumer Durables 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.
Jaipan Industries has a total score of 2/6, 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.

Health

 How is Jaipan Industries'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 Jaipan Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jaipan Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jaipan Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jaipan Industries'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4x 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 Jaipan Industries Company Filings, last reported 3 months ago.

BSE:505840 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 116.59 38.12 9.91
2018-09-30 116.59 38.12 9.91
2018-06-30 116.59 38.12 9.91
2018-03-31 141.90 38.60 15.37
2017-12-31
2017-09-30 142.58 23.06 16.93
2017-06-30
2017-03-31 109.68 50.86 17.06
2016-12-31
2016-09-30
2016-06-30
2016-03-31 109.31 71.62 19.01
2015-12-31
2015-09-30
2015-06-30 109.00 76.25 20.80
2015-03-31 109.00 76.25 20.80
2014-12-31
2014-09-30
2014-06-30 108.03 82.64 37.71
2014-03-31 108.03 82.64 37.71
2013-12-31
2013-09-30
2013-06-30
2013-03-31 106.75 63.60 19.25
2012-06-30 105.33 59.27 13.34
  • Jaipan Industries's level of debt (32.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (72.4% vs 32.7% today).
  • Debt is not well covered by operating cash flow (1.5%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.3x coverage).
X
Financial health checks
We assess Jaipan Industries'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. Jaipan Industries has a total score of 5/6, 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.

Dividends

 What is Jaipan Industries'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%
Current annual income from Jaipan Industries dividends.
If you bought ₹2,000 of Jaipan Industries shares you are expected to receive ₹0 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?
  • Unable to evaluate Jaipan Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Jaipan Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:505840 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 0 Analyst Estimates (S&P Global) See Below
India Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 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 1.9%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Jaipan Industries has not reported any payouts.
  • Unable to verify if Jaipan Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Jaipan Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Jaipan Industries has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Jaipan Industries'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 Jaipan Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jaipan Industries has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of Jaipan Industries'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
Veena Agarwal
COMPENSATION ₹0
AGE 63
TENURE AS CEO 0 years
CEO Bio

Ms. Veena Jainarian Agarwal has been a Director of Jaipan Industries Ltd since February 14, 2015 and has been its Managing Director since April 8, 2019. Ms. Agarwal serves as Director of Venery India Marketing Pvt Ltd, Jaipan Sogo Electronics Private Limited and Praxis Healthcare Private Limited. She holds Post Graduate in Marketing.

CEO Compensation
  • Insufficient data for Veena to compare compensation growth.
  • Veena's remuneration is lower than average for companies of similar size in India.
Management Team

Jainarain Agarwal

TITLE
Chairman & Compliance Officer
COMPENSATION
₹950K
AGE
64

Veena Agarwal

TITLE
MD & Director
AGE
63

Atin Agarwal

TITLE
Chief Financial Officer
COMPENSATION
₹317K
AGE
41
TENURE
4.7 yrs

Manish Chaubey

TITLE
Executive Director
Board of Directors Tenure

Average tenure and age of the Jaipan Industries board of directors in years:

4.2
Average Tenure
62.5
Average Age
  • The tenure for the Jaipan Industries board of directors is about average.
Board of Directors

Jainarain Agarwal

TITLE
Chairman & Compliance Officer
COMPENSATION
₹950K
AGE
64

Veena Agarwal

TITLE
MD & Director
AGE
63
TENURE
4.2 yrs

Shirish Gotecha

TITLE
Non Executive & Independent Director
AGE
62
TENURE
19.8 yrs

Ravindra Mishra

TITLE
Independent Director
AGE
33
TENURE
4.7 yrs

Chadrakant Balde

TITLE
Independent Director
TENURE
1.7 yrs

Manoj Agarwal

TITLE
Independent Director
TENURE
1.7 yrs

Rakesh Jain

TITLE
Additional Director
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 Jaipan Industries'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. Jaipan Industries 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.

News

Simply Wall St News

Company Info

Description

Jaipan Industries Limited manufactures and markets home appliances in India and internationally. The company offers cookware products, such as non-stick cookware, steel kitchenware, pressure cookers, cooking sets, nonstick giftsets, and steamer sets; kitchen appliances, including hand mixers and blenders, roti makers, electric kettles, mixer grinders, juicers, sandwich makers, food processors, toasters, air fryers, food choppers, and atta kneaders. It also provides home appliances, such as irons, hair dryers, air purifiers, water purifiers, and kitchen cooler fans; kitchen containers and flasks products comprising lunch boxes, bottles, and flasks; steelware products, including stainless steel dinner sets, tiffins, casseroles, and utensils; and cooking essentials, such as induction cookware and gas stoves. The company also sells its products through online. Jaipan Industries Limited was incorporated in 1965 and is based in Mumbai, India.

Details
Name: Jaipan Industries Limited
505840
Exchange: BSE
Founded: 1965
₹102,782,304
6,099,840
Website: http://www.jaipanonline.com
Address: Jaipan Industries Limited
17/1, Cama Industrial Estate,
Walbhat Road,
Mumbai,
Maharashtra, 400063,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 505840 Equity Shares Mumbai Stock Exchange IN INR 02. Nov 2005
Number of employees
Current staff
Staff numbers
50
Jaipan Industries employees.
Industry
Household Appliances
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 12:46
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


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.