company background image
5069

Jaysynth Dyestuff (India) BSE:506910 Stock Report

Last Price

₹77.55

Market Cap

₹673.9m

7D

0%

1Y

-3.4%

Updated

18 Aug, 2022

Data

Company Financials
506910 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends2/6

506910 Stock Overview

Jaysynth Dyestuff (India) Limited manufactures and sells dyestuff, pigments, pigments dispersions, and digital inks in India.

Jaysynth Dyestuff (India) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jaysynth Dyestuff (India)
Historical stock prices
Current Share Price₹77.55
52 Week High₹96.00
52 Week Low₹60.00
Beta0.69
1 Month Change-0.32%
3 Month Change-5.43%
1 Year Change-3.43%
3 Year Change66.06%
5 Year Change15.32%
Change since IPO3,777.50%

Recent News & Updates

Shareholder Returns

506910IN ChemicalsIN Market
7D0%2.5%2.7%
1Y-3.4%13.3%9.8%

Return vs Industry: 506910 underperformed the Indian Chemicals industry which returned 13.3% over the past year.

Return vs Market: 506910 underperformed the Indian Market which returned 9.8% over the past year.

Price Volatility

Is 506910's price volatile compared to industry and market?
506910 volatility
506910 Average Weekly Movement6.8%
Chemicals Industry Average Movement6.3%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 506910 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 506910's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1971114Parag Kotharihttps://www.jaysynth.com

Jaysynth Dyestuff (India) Limited manufactures and sells dyestuff, pigments, pigments dispersions, and digital inks in India. The company’s products are used in various industries, including textile, paints, coatings, plastic, paper, etc. It also exports its products to approximately 50 countries. Jaysynth Dyestuff (India) Limited was founded in 1971 and is based in Mumbai, India.

Jaysynth Dyestuff (India) Fundamentals Summary

How do Jaysynth Dyestuff (India)'s earnings and revenue compare to its market cap?
506910 fundamental statistics
Market Cap₹673.89m
Earnings (TTM)₹73.45m
Revenue (TTM)₹1.62b

9.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
506910 income statement (TTM)
Revenue₹1.62b
Cost of Revenue₹1.19b
Gross Profit₹429.98m
Other Expenses₹356.52m
Earnings₹73.45m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)8.45
Gross Margin26.60%
Net Profit Margin4.54%
Debt/Equity Ratio4.5%

How did 506910 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

4%

Payout Ratio

Does 506910 pay a reliable dividends?

See 506910 dividend history and benchmarks
When do you need to buy 506910 by to receive an upcoming dividend?
Jaysynth Dyestuff (India) dividend dates
Ex Dividend DateAug 18 2022
Dividend Pay DateSep 25 2022
Days until Ex dividend1 day
Days until Dividend pay date37 days

Does 506910 pay a reliable dividends?

See 506910 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is 506910 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 506910?

Other financial metrics that can be useful for relative valuation.

506910 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.3x
Enterprise Value/EBITDA5.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 506910's PE Ratio compare to its peers?

506910 PE Ratio vs Peers
The above table shows the PE ratio for 506910 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average16.9x
HINDCON Hindcon Chemicals
16.7xn/a₹708.0m
MAHICKRA Mahickra Chemicals
16.9xn/a₹564.5m
AMBANIORG Ambani Organics
19.8xn/a₹398.7m
PROLIFE Prolife Industries
14.2xn/a₹610.0m
506910 Jaysynth Dyestuff (India)
9.2xn/a₹673.9m

Price-To-Earnings vs Peers: 506910 is good value based on its Price-To-Earnings Ratio (9.2x) compared to the peer average (16.9x).


Price to Earnings Ratio vs Industry

How does 506910's PE Ratio compare vs other companies in the IN Chemicals Industry?

Price-To-Earnings vs Industry: 506910 is good value based on its Price-To-Earnings Ratio (9.2x) compared to the Indian Chemicals industry average (18.5x)


Price to Earnings Ratio vs Fair Ratio

What is 506910's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

506910 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 506910's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 506910 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 506910 (₹77.55) is trading above our estimate of fair value (₹3.57)

Significantly Below Fair Value: 506910 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is Jaysynth Dyestuff (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.6%

Forecasted Materials 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 Jaysynth Dyestuff (India) 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.


Discover growth companies

Past Performance

How has Jaysynth Dyestuff (India) performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


31.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 506910 has high quality earnings.

Growing Profit Margin: 506910's current net profit margins (4.5%) are higher than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: 506910's earnings have grown significantly by 31.4% per year over the past 5 years.

Accelerating Growth: 506910's earnings growth over the past year (32.1%) exceeds its 5-year average (31.4% per year).

Earnings vs Industry: 506910 earnings growth over the past year (32.1%) exceeded the Chemicals industry 21%.


Return on Equity

High ROE: 506910's Return on Equity (8%) is considered low.


Discover strong past performing companies

Financial Health

How is Jaysynth Dyestuff (India)'s financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 506910's short term assets (₹1.1B) exceed its short term liabilities (₹273.0M).

Long Term Liabilities: 506910's short term assets (₹1.1B) exceed its long term liabilities (₹33.8M).


Debt to Equity History and Analysis

Debt Level: 506910 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 506910's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 506910's debt is well covered by operating cash flow (31.3%).

Interest Coverage: 506910 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

What is Jaysynth Dyestuff (India) current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.39%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 506910's dividend (0.39%) is higher than the bottom 25% of dividend payers in the Indian market (0.38%).

High Dividend: 506910's dividend (0.39%) is low compared to the top 25% of dividend payers in the Indian market (1.7%).


Stability and Growth of Payments

Stable Dividend: 506910 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 506910's dividend payments have increased, but the company has only paid a dividend for 8 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (3.5%), 506910's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 506910 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

8.3yrs

Average management tenure


CEO

Parag Kothari (55 yo)

11.17yrs

Tenure

₹5,474,000

Compensation

Mr. Parag Sharadchandra Kothari serves as the Executive Chairman of Jaysynth Dyestuff (India) Limited and has been its Managing Director since June 1, 2011. He has been Chairman of JD Orgochem Limited sinc...


CEO Compensation Analysis

Compensation vs Market: Parag's total compensation ($USD68.95K) is above average for companies of similar size in the Indian market ($USD37.82K).

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


Leadership Team

Experienced Management: 506910's management team is seasoned and experienced (8.3 years average tenure).


Board Members

Experienced Board: 506910's board of directors are seasoned and experienced ( 16.3 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

Jaysynth Dyestuff (India) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Jaysynth Dyestuff (India) Limited
  • Ticker: 506910
  • Exchange: BSE
  • Founded: 1971
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Implied Market Cap: ₹673.886m
  • Shares outstanding: 8.69m
  • Website: https://www.jaysynth.com

Number of Employees


Location

  • Jaysynth Dyestuff (India) Limited
  • 301, Sumer Kendra
  • Pandurang Budhkar Marg
  • Mumbai
  • Maharashtra
  • 400018
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/18 00:00
End of Day Share Price2022/08/18 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.