Joindre Capital Services Limited engages in the share stock broking and related activities in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹26.35|
|52 Week High||₹13.90|
|52 Week Low||₹34.90|
|1 Month Change||6.90%|
|3 Month Change||2.33%|
|1 Year Change||56.38%|
|3 Year Change||19.77%|
|5 Year Change||103.63%|
|Change since IPO||-18.55%|
Recent News & Updates
|531861||IN Capital Markets||IN Market|
Return vs Industry: 531861 underperformed the Indian Capital Markets industry which returned 61.1% over the past year.
Return vs Market: 531861 underperformed the Indian Market which returned 65.2% over the past year.
Stable Share Price: 531861 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 531861's weekly volatility (7%) has been stable over the past year.
About the Company
Joindre Capital Services Limited engages in the share stock broking and related activities in India. It offers institutional broking services, including buying and selling stocks, securities, and derivative products to financial institutions, mutual funds, and banks; retail investment services; trading services in future and options contracts; portfolio management services; a range of mutual funds; IPOs; Internet based trading services; and depository services. Joindre Capital Services Limited was incorporated in 1995 and is based in Mumbai, India.
Joindre Capital Services Fundamentals Summary
|531861 fundamental statistics|
Is 531861 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|531861 income statement (TTM)|
|Cost of Revenue||₹148.33m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.55|
|Net Profit Margin||17.19%|
How did 531861 perform over the long term?See historical performance and comparison
3.8%Current Dividend Yield
Is Joindre Capital Services undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 531861's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 531861's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 531861 is good value based on its PE Ratio (7.4x) compared to the Indian Capital Markets industry average (16.3x).
PE vs Market: 531861 is good value based on its PE Ratio (7.4x) compared to the Indian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531861's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531861 is good value based on its PB Ratio (0.6x) compared to the IN Capital Markets industry average (0.8x).
How is Joindre Capital Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Joindre Capital Services 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.
How has Joindre Capital Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531861 has high quality earnings.
Growing Profit Margin: 531861's current net profit margins (17.2%) are higher than last year (7.7%).
Past Earnings Growth Analysis
Earnings Trend: 531861's earnings have declined by 19% per year over the past 5 years.
Accelerating Growth: 531861's earnings growth over the past year (222.5%) exceeds its 5-year average (-19% per year).
Earnings vs Industry: 531861 earnings growth over the past year (222.5%) exceeded the Capital Markets industry 65%.
Return on Equity
High ROE: 531861's Return on Equity (7.6%) is considered low.
How is Joindre Capital Services's financial position?
Financial Position Analysis
Short Term Liabilities: 531861's short term assets (₹244.8M) do not cover its short term liabilities (₹519.9M).
Long Term Liabilities: 531861's short term assets (₹244.8M) exceed its long term liabilities (₹3.4M).
Debt to Equity History and Analysis
Debt Level: 531861's debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: 531861's debt to equity ratio has increased from 2.5% to 14.7% over the past 5 years.
Debt Coverage: 531861's debt is well covered by operating cash flow (227.3%).
Interest Coverage: Insufficient data to determine if 531861's interest payments on its debt are well covered by EBIT.
What is Joindre Capital Services's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 531861's dividend (3.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 531861's dividend (3.8%) is in the top 25% of dividend payers in the Indian market (1.47%)
Stability and Growth of Payments
Stable Dividend: 531861's dividend payments have been volatile in the past 10 years.
Growing Dividend: 531861's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.2%), 531861's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Joindre Capital Services has no CEO, or we have no data on them.
Experienced Board: 531861's board of directors are seasoned and experienced ( 14.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Joindre Capital Services Limited's employee growth, exchange listings and data sources
- Name: Joindre Capital Services Limited
- Ticker: 531861
- Exchange: BSE
- Founded: 1995
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: ₹364.591m
- Shares outstanding: 13.84m
- Website: https://www.joindre.com
Number of Employees
- Joindre Capital Services Limited
- 11/13, Botawala Building
- 2nd Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 15:59|
|End of Day Share Price||2021/09/23 00:00|
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.