BSE:531323

Stock Analysis Report

Executive Summary

Jayatma Industries Limited engages in the cotton ginning business in India.


Snowflake Analysis

Imperfect balance sheet with questionable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 531323 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

531323

-4.4%

IN Luxury

-3.5%

IN Market


1 Year Return

-61.1%

531323

12.8%

IN Luxury

5.2%

IN Market

Return vs Industry: 531323 underperformed the Indian Luxury industry which returned 12.8% over the past year.

Return vs Market: 531323 underperformed the Indian Market which returned 5.2% over the past year.


Shareholder returns

531323IndustryMarket
7 Day0%-4.4%-3.5%
30 Day5.0%-1.4%-3.9%
90 Day-2.4%6.0%-2.1%
1 Year-61.1%-61.1%13.5%12.8%7.2%5.2%
3 Yearn/a45.8%44.0%18.9%12.4%
5 Year170.5%170.5%97.3%93.7%29.4%17.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

15.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 531323's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 531323's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 531323 is poor value based on its PE Ratio (15.4x) compared to the Luxury industry average (10.6x).

PE vs Market: 531323 is poor value based on its PE Ratio (15.4x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531323's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531323 is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

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

19.7%

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 Jayatma 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 Jayatma Industries performed over the past 5 years?

28.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531323 has high quality earnings.

Growing Profit Margin: 531323's current net profit margins (0.2%) are lower than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: 531323's earnings have grown significantly by 28.3% per year over the past 5 years.

Accelerating Growth: 531323's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 531323 had negative earnings growth (-39.1%) over the past year, making it difficult to compare to the Luxury industry average (6.4%).


Return on Equity

High ROE: 531323's Return on Equity (2.4%) is considered low.


Next Steps

Financial Health

How is Jayatma Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 531323's short term assets (₹288.5M) exceed its short term liabilities (₹223.1M).

Long Term Liabilities: 531323's short term assets (₹288.5M) exceed its long term liabilities (₹8.3M).


Debt to Equity History and Analysis

Debt Level: 531323's debt to equity ratio (159.1%) is considered high.

Reducing Debt: 531323's debt to equity ratio has increased from 113.9% to 159.1% over the past 5 years.

Debt Coverage: 531323's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 531323's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet

Inventory Level: 531323 has a high level of physical assets or inventory.

Debt Coverage by Assets: 531323's debt is covered by short term assets (assets are 1.6x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 531323's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 531323'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 531323's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531323's dividend payments have been increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 531323'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?

1.1yrs

Average board tenure


CEO

Nirav Shah (46yo)

2.5yrs

Tenure

Mr. Nirav Kalyanbhai Shah serves as Compliance Officer at Jayatma Industries Limited since February 07, 2020. He has been the Chief Executive Officer of Jayatma Industries Limited since August 28, 2017 and ...


Board Members

NamePositionTenureCompensationOwnership
Nirav Shah
CEO, Compliance Officer & Non Independent Director2.5yrsno data2.61% 1.1m
Janak Nanavaty
Independent Chairman of the Board1.1yrs₹13.25kno data
Fenil Shah
Independent Non Executive Director17.8yrs₹13.25kno data
Toshi Mehta
Additional Non Executive Non Independent Director0.8yrsno datano data
Rajan Parikh
Non-Executive Independent Director0.8yrsno datano data

1.1yrs

Average Tenure

46yo

Average Age

Experienced Board: 531323's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Jayatma Industries Limited
  • Ticker: 531323
  • Exchange: BSE
  • Founded: 1983
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹43.097m
  • Shares outstanding: 6.17m
  • Website: https://jayatmaindustries.com

Number of Employees


Location

  • Jayatma Industries Limited
  • 1, Laxmi Nagar Society
  • Naranpura
  • Ahmedabad
  • Gujarat
  • 380002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531323BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2006

Biography

Jayatma Industries Limited engages in the cotton ginning business in India. It manufactures and trades in cotton–kapas, ginning cotton bales, and raw oil and its agro by-products. The company also engages in the wholesale of textiles, fabrics, household linen, articles of clothing, floor coverings, tapestry, and sports clothes, as well as yarns. In addition, it exports its products. The company was formerly known as Santaram Spinners Limited and changed its name to Jayatma Industries Limited in November 2018. Jayatma Industries Limited was founded in 1983 and is based in Ahmedabad, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 12:31
End of Day Share Price2020/02/01 00:00
Earnings2019/12/31
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.