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JIK Industries

NSEI:JIKIND
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JIKIND
NSEI
₹23M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

JIK Industries Limited, together with its subsidiaries, produces and sells crystal and hand-made artistic glassware in India. The last earnings update was 16 days ago. More info.


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  • JIK Industries has significant price volatility in the past 3 months.
JIKIND Share Price and Events
7 Day Returns
28.6%
NSEI:JIKIND
2.1%
IN Consumer Durables
1%
IN Market
1 Year Returns
-
NSEI:JIKIND
-18.5%
IN Consumer Durables
-8.2%
IN Market
JIKIND Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
JIK Industries (JIKIND) 28.6% 28.6% 12.5% - -40% -55%
IN Consumer Durables 2.1% -5.4% -0.8% -18.5% 71.5% 289.2%
IN Market 1% -2.2% -1.2% -8.2% 46.7% 78.8%
1 Year Return vs Industry and Market
  • No trading data on JIKIND.
  • No trading data on JIKIND.
Price Volatility
JIKIND
Industry
5yr Volatility vs Market

Value

 Is JIK 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.

In this section, we usually try to help investors determine whether JIK Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as JIK Industries has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for JIK Industries. This is due to cash flow or dividend data being unavailable. The share price is ₹0.45.
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 JIK Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are JIK Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:JIKIND PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-0.21
BSE:511618 Share Price ** BSE (2019-02-22) in INR ₹0.32
India Consumer Durables Industry PE Ratio Median Figure of 42 Publicly-Listed Consumer Durables Companies 27.49x
India Market PE Ratio Median Figure of 2,709 Publicly-Listed Companies 15.49x

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

** Primary Listing of JIK Industries.

NSEI:JIKIND PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:511618 Share Price ÷ EPS (both in INR)

= 0.32 ÷ -0.21

-1.49x

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

  • JIK Industries is loss making, we can't compare its value to the IN Consumer Durables industry average.
  • JIK Industries is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does JIK Industries's expected growth come at a high price?
Raw Data
NSEI:JIKIND PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Consumer Durables Industry PEG Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 1.87x
India Market PEG Ratio Median Figure of 607 Publicly-Listed Companies 1.15x

*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 JIK Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on JIK Industries's assets?
Raw Data
NSEI:JIKIND PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹-2.98
BSE:511618 Share Price * BSE (2019-02-22) in INR ₹0.32
India Consumer Durables Industry PB Ratio Median Figure of 47 Publicly-Listed Consumer Durables Companies 1.84x
India Market PB Ratio Median Figure of 3,588 Publicly-Listed Companies 1.05x
NSEI:JIKIND PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:511618 Share Price ÷ Book Value per Share (both in INR)

= 0.32 ÷ -2.98

-0.11x

* Primary Listing of JIK Industries.

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

  • JIK Industries has negative assets, we can't compare the value of its assets to the IN Consumer Durables industry average.

Next steps:

  1. Take a look at our analysis of JIKIND’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.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through JIK Industries's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Consumer Durables industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess JIK 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. JIK Industries has a total score of 0/6, 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 JIK Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 JIK 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
19.6%
Expected Consumer Durables industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is JIK Industries expected to grow at an attractive rate?
  • Unable to compare JIK Industries's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare JIK Industries's earnings growth to the India market average as no estimate data is available.
  • Unable to compare JIK Industries's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:JIKIND Future Growth Rates Data Sources
Data Point Source Value (per year)
India Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 19.6%
India Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 13%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
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
NSEI:JIKIND Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month 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.
NSEI:JIKIND Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 3 -16
2018-09-30 3 -16
2018-06-30 3 -16
2018-03-31 3 -10 -16
2017-12-31 3 -18
2017-09-30 6 -17
2017-06-30 9 -15
2017-03-31 12 -10 -15
2016-03-31 5 -4 -126

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if JIK Industries is high growth as no earnings estimate data is available.
  • Unable to determine if JIK 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
NSEI:JIKIND Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from JIK Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:JIKIND Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31
2018-09-30
2018-06-30
2018-03-31 -0.21
2017-12-31
2017-09-30
2017-06-30
2017-03-31 -0.21
2016-03-31 -1.73

*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 JIK Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of JIKIND’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.
  2. JIK Industries's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. JIK Industries's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess JIK 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.
JIK Industries has a total score of 0/6, 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 JIK 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 JIK 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.
  • JIK Industries does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare JIK Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare JIK Industries's 1-year growth to the IN Consumer Durables industry average as it is not currently profitable.
Earnings and Revenue History
JIK 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 JIK Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:JIKIND 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 2.67 -16.37 6.20
2018-09-30 2.97 -16.06 6.30
2018-06-30 3.03 -15.90 6.28
2018-03-31 3.27 -15.60 6.96
2017-12-31 3.48 -18.46 8.44
2017-09-30 5.51 -16.64 9.09
2017-06-30 9.11 -15.05 10.30
2017-03-31 12.35 -15.18 10.87
2016-03-31 5.11 -125.61 8.74
2015-03-31 10.19 -2,230.10 7.66
2014-06-30 12.27 -35.51 7.25
2013-06-30 84.32 -296.02 10.54
2012-06-30 269.83 13.97 8.20

*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.
  • It is difficult to establish if JIK Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if JIK Industries has efficiently used its assets last year compared to the IN Consumer Durables industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if JIK Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess JIK 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.
JIK Industries has a total score of 0/6, 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 JIK 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 JIK Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • JIK Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • JIK Industries's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of JIK 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.
  • JIK Industries has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 JIK Industries Company Filings, last reported 1 month ago.

NSEI:JIKIND Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -213.29 59.86 3.32
2018-09-30 -213.29 59.86 3.32
2018-06-30 -207.09 53.35 1.66
2018-03-31 -207.09 53.35 0.56
2017-12-31 -993.24 45.79 0.45
2017-09-30 -993.24 45.79 0.45
2017-06-30
2017-03-31 -214.53 38.16 0.80
2016-03-31 -973.56 28.28 0.23
2015-03-31 -848.13 24.57 0.53
2014-06-30 693.62 22.36 0.33
2013-06-30 729.13 28.78 0.27
2012-06-30 1,028.41 34.90 3.27
  • JIK Industries has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if JIK Industries's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • JIK Industries has less than a year of cash runway based on current free cash flow.
  • JIK Industries has less than a year of cash runway if free cash flow continues to grow at historical rates of 38.1% each year.
X
Financial health checks
We assess JIK 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. JIK Industries has a total score of 0/6, 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 JIK 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 JIK Industries dividends.
If you bought ₹2,000 of JIK 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 JIK Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate JIK 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
NSEI:JIKIND 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 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2%

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 JIK Industries has not reported any payouts.
  • Unable to verify if JIK Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of JIK Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as JIK 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 JIK 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 JIK Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. JIK 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 JIK 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
RGP Parikh
COMPENSATION ₹600,000
TENURE AS CEO 13.1 years
CEO Bio

Mr. Rajendra G. Parikh, RGP has been the Chairman and Managing Director at JIK Industries Ltd. since January 31, 2006 and also has been its Executive Director since October 05, 1990.

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

RGP Parikh

TITLE
Chairman & MD
COMPENSATION
₹600K
TENURE
13.1 yrs

Surendra Gurav

TITLE
CFO & Executive Director
COMPENSATION
₹269K
AGE
54
TENURE
2.9 yrs
Board of Directors Tenure

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

7.8
Average Tenure
54
Average Age
  • The tenure for the JIK Industries board of directors is about average.
Board of Directors

RGP Parikh

TITLE
Chairman & MD
COMPENSATION
₹600K
TENURE
13.1 yrs

Surendra Gurav

TITLE
CFO & Executive Director
COMPENSATION
₹269K
AGE
54
TENURE
15.1 yrs

Manoj Unadkat

TITLE
Non Executive Independent Director
AGE
64
TENURE
8.1 yrs

Rajeshri Patel

TITLE
Non Executive Independent Director
TENURE
3.9 yrs

Jignesh Shah

TITLE
Non-Executive Independent Director
AGE
44
TENURE
0.7 yrs

Vijay Panikar

TITLE
Non Executive Independent Director
TENURE
7.5 yrs
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 JIK 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. JIK 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

What Percentage Of JIK Industries Limited (NSE:JIKIND) Shares Do Insiders Own?

A look at the shareholders of JIK Industries Limited (NSE:JIKIND) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … JIK Industries is not a large company by global standards.

Simply Wall St -

Does JIK Industries Limited's (NSE:JIKIND) Past Performance Indicate A Stronger Future?

Assessing JIK Industries Limited's (NSEI:JIKIND) past track record of performance is a useful exercise for investors. … Check out our latest analysis for JIK Industries Were JIKIND's earnings stronger than its past performances and the industry? … I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data.

Simply Wall St -

What You Must Know About JIK Industries Limited's (NSE:JIKIND) Major Investors

In this article, I will take a quick look at JIK Industries Limited’s (NSEI:JIKIND) recent ownership structure – an unconventional investing subject, but an important one. … Private Company Ownership Potential investors in JIKIND should also look at another important group of investors: private companies, with a stake of 21.41%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership level and composition in JIKIND is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

What's The Cash Runway For JIK Industries Limited (NSE:JIKIND)?

The single most important question to ask when you’re investing in a loss-making company is – will they need to raise cash again, and if so, when? … The measure of how fast JIK Industries goes through its cash reserves over time is called the cash burn rate. … NSEI:JIKIND Income Statement Mar 7th 18 When will JIK Industries need to raise more cash?

Simply Wall St -

JIK Industries Limited (NSE:JIKIND): Is Retail Attractive Relative To NSEI Peers?

See our latest analysis for JIK Industries What’s the catalyst for JIK Industries's sector growth? … Over the past year, the industry saw growth in the teens, though still underperforming the wider Indian stock market. … If the stock has been on your watchlist for a while, now may be the time to buy, if you like its ability to deliver growth and are not highly concentrated in the retail industry.

Simply Wall St -

Does JIK Industries Limited's (NSE:JIKIND) Earnings Growth Make It An Outperformer?

Examining JIK Industries Limited's (NSEI:JIKIND) past track record of performance is a valuable exercise for investors. … Below, I will assess JIKIND's latest performance announced on 31 December 2017 and weigh these figures against its longer term trend and industry movements. … See our latest analysis for JIK Industries Commentary On JIKIND's Past Performance To account for any quarterly or half-yearly updates, I use the ‘latest twelve-month’ data, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data.

Simply Wall St -

Company Info

Map
Description

JIK Industries Limited, together with its subsidiaries, produces and sells crystal and hand-made artistic glassware in India. The company offers utility products, such as glasses/tumblers, stemware/wine goblets, beer glasses/mugs, decanters, jars/jugs, bowls, plates/dishes, ashtrays/coasters, napkin rings and holders, and ice buckets. It also provides decorative products, including trophies, rocks, flowers/trees, vases, clocks, paper weights, candle holders, pendants, and art pieces, as well as figurines of birds, animals, fruits, and vegetables. The company also exports its products. The company, formerly known as Krishna Finstock Pvt. Ltd., was incorporated in 1990 and is based in Thane, India.

Details
Name: JIK Industries Limited
JIKIND
Exchange: NSEI
Founded: 1990
₹23,245,104
72,640,951
Website: http://www.jik.co.in
Address: JIK Industries Limited
Pada No.3,
Balkum Village,
Thane,
Maharashtra, 400608,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 511618 Equity Shares Mumbai Stock Exchange IN INR 20. Apr 2004
NSEI JIKIND Equity Shares National Stock Exchange of India IN INR 20. Apr 2004
Number of employees
Current staff
Staff numbers
0
JIK Industries employees.
Industry
Housewares and Specialties
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/23 12:58
End of day share price update: 2019/02/22 00:00
Last earnings filing: 2019/02/07
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.