NSEI:JINDWORLD

Stock Analysis Report

Executive Summary

Jindal Worldwide Limited, together with its subsidiaries, manufactures, sells, and exports textile products in India and internationally.


Snowflake Analysis

Excellent balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Jindal Worldwide's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.1%

JINDWORLD

-0.5%

IN Luxury

-1.5%

IN Market


1 Year Return

-13.4%

JINDWORLD

18.2%

IN Luxury

10.7%

IN Market

Return vs Industry: JINDWORLD underperformed the Indian Luxury industry which returned 18.2% over the past year.

Return vs Market: JINDWORLD underperformed the Indian Market which returned 10.7% over the past year.


Shareholder returns

JINDWORLDIndustryMarket
7 Day-1.1%-0.5%-1.5%
30 Day-3.4%3.0%-2.7%
90 Day-3.1%9.2%1.3%
1 Year-13.4%-13.4%19.0%18.2%12.7%10.7%
3 Year128.6%128.2%52.2%48.8%22.0%15.1%
5 Year535.5%530.4%106.9%100.1%34.5%22.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Jindal Worldwide undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JINDWORLD (₹60.3) is trading below our estimate of fair value (₹123.15)

Significantly Below Fair Value: JINDWORLD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JINDWORLD is poor value based on its PE Ratio (36.2x) compared to the Luxury industry average (11.2x).

PE vs Market: JINDWORLD is poor value based on its PE Ratio (36.2x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JINDWORLD is overvalued based on its PB Ratio (3.3x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

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

19.9%

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 Jindal Worldwide 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 Jindal Worldwide performed over the past 5 years?

-5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JINDWORLD has high quality earnings.

Growing Profit Margin: JINDWORLD's current net profit margins (1.5%) are lower than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: JINDWORLD's earnings have declined by -5.5% per year over the past 5 years.

Accelerating Growth: JINDWORLD's earnings growth over the past year (11.9%) exceeds its 5-year average (-5.5% per year).

Earnings vs Industry: JINDWORLD earnings growth over the past year (11.9%) exceeded the Luxury industry 5.6%.


Return on Equity

High ROE: JINDWORLD's Return on Equity (9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Jindal Worldwide's financial position?


Financial Position Analysis

Short Term Liabilities: JINDWORLD's short term assets (₹8.5B) exceed its short term liabilities (₹7.0B).

Long Term Liabilities: JINDWORLD's short term assets (₹8.5B) exceed its long term liabilities (₹2.8B).


Debt to Equity History and Analysis

Debt Level: JINDWORLD's debt to equity ratio (164.4%) is considered high.

Reducing Debt: JINDWORLD's debt to equity ratio has reduced from 206.3% to 164.4% over the past 5 years.

Debt Coverage: JINDWORLD's debt is well covered by operating cash flow (44.5%).

Interest Coverage: JINDWORLD's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet

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

Debt Coverage by Assets: JINDWORLD's debt is covered by short term assets (assets are 1.4x debt).


Next Steps

Dividend

What is Jindal Worldwide's current dividend yield, its reliability and sustainability?

0.082%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JINDWORLD's dividend (0.082%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: JINDWORLD's dividend (0.082%) is low compared to the top 25% of dividend payers in the Indian market (2.58%).


Stability and Growth of Payments

Stable Dividend: JINDWORLD is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: JINDWORLD is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: JINDWORLD is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

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

9.0yrs

Average board tenure


CEO

Amit Agrawal (41yo)

₹2,400,000

Compensation

Mr. Amit Yamunadutt Agrawal serves as Managing Director at Jindal Worldwide Ltd. He served as Vice Chairman and Chief Executive Officer of Jindal Worldwide Limited and has been its Director since February  ...


CEO Compensation Analysis

Compensation vs Market: Amit's total compensation ($USD33.54K) is below average for companies of similar size in the Indian market ($USD302.72K).

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


Board Members

NamePositionTenureCompensationOwnership
Amit Agrawal
MD & Director0yrs₹2.40m19.22% 2.3b
Yamunadutt Agrawal
Founder & Chairman0yrsno data13.06% 1.6b
Rajesh Jain
Non Executive Independent Director13.4yrs₹480.00kno data
Vikram Oza
CFO & Director12.4yrsno datano data
Ashish Shah
Non-Executive Independent Director5.5yrsno datano data
Deepali Agarwal
Non Executive Independent Director5.5yrsno data0.068% 8.2m
Shrikanth Jhaveri
Non-Executive Independent Director2.5yrsno datano data

9.0yrs

Average Tenure

56yo

Average Age

Experienced Board: JINDWORLD's board of directors are considered experienced (9 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

Jindal Worldwide Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jindal Worldwide Limited
  • Ticker: JINDWORLD
  • Exchange: NSEI
  • Founded: 1986
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹12.131b
  • Shares outstanding: 200.52m
  • Website: https://www.jindaltextiles.com

Location

  • Jindal Worldwide Limited
  • Jindal House
  • Opp. D-Mart, I.O.C. Petrol Pump Lane
  • Ahmedabad
  • Gujarat
  • 380015
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531543BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2007
JINDWORLDNSEI (National Stock Exchange of India)YesEquity SharesININRApr 2007

Biography

Jindal Worldwide Limited, together with its subsidiaries, manufactures, sells, and exports textile products in India and internationally. The company offers denim products, bottom weight fabrics, shirting fabrics, and yarn dyed fabrics. It also provides bed sheets, such as quilt covers/duvet covers, flat and fitted sheets, pillow covers, valance sheets, and bloster cases. Jindal Worldwide Limited was founded in 1986 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 Analysis2020/02/19 13:14
End of Day Share Price2020/02/19 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.