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5318

Joindre Capital ServicesBSE:531861 Stock Report

Market Cap

₹364.6m

7D

-1.7%

1Y

56.4%

Updated

23 Sep, 2021

Data

Company Financials
531861 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends4/6

531861 Overview

Joindre Capital Services Limited engages in the share stock broking and related activities in India.

Price History & Performance

Summary of all time highs, changes and price drops for Joindre Capital Services
Historical stock prices
Current Share Price₹26.35
52 Week High₹13.90
52 Week Low₹34.90
Beta0.54
1 Month Change6.90%
3 Month Change2.33%
1 Year Change56.38%
3 Year Change19.77%
5 Year Change103.63%
Change since IPO-18.55%

Recent News & Updates

Shareholder Returns

531861IN Capital MarketsIN Market
7D-1.7%-1.1%0.3%
1Y56.4%65.2%71.8%

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.

Price Volatility

Is 531861's price volatile compared to industry and market?
531861 volatility
531861 Beta0.54
Industry Beta0.79
Market Beta1

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

FoundedEmployeesCEOWebsite
199574n/ahttps://www.joindre.com

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

How do Joindre Capital Services's earnings and revenue compare to its market cap?
531861 fundamental statistics
Market Cap₹364.59m
Earnings (TTM)₹49.07m
Revenue (TTM)₹285.45m

7.4x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
531861 income statement (TTM)
Revenue₹285.45m
Cost of Revenue₹148.33m
Gross Profit₹137.12m
Expenses₹88.05m
Earnings₹49.07m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.55
Gross Margin48.04%
Net Profit Margin17.19%
Debt/Equity Ratio14.7%

How did 531861 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

28%

Payout Ratio

Valuation

Is Joindre Capital Services undervalued compared to its fair value and its price relative to the market?

7.43x

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).


Future Growth

How is Joindre Capital Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.1%

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.


Past Performance

How has Joindre Capital Services performed over the past 5 years?

-19.0%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Joindre Capital Services's current dividend yield, its reliability and sustainability?

3.80%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.9yrs

Average board tenure


CEO

Joindre Capital Services has no CEO, or we have no data on them.


Board Members

Experienced Board: 531861's board of directors are seasoned and experienced ( 14.9 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

Joindre Capital Services Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Joindre Capital Services Limited
  • 11/13, Botawala Building
  • 2nd Floor
  • Mumbai
  • Maharashtra
  • 400023
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 15:59
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.