BSE:532705

Stock Analysis Report

Jagran Prakashan

Executive Summary

Jagran Prakashan Limited engages in the printing and publication of newspaper and periodicals in India.

Snowflake

Fundamentals

Very undervalued with flawless balance sheet and pays a dividend.

Risks

  • Jagran Prakashan has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Jagran Prakashan's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.0%

BSE:532705

-0.3%

IN Media

-1.4%

IN Market


1 Year Return

-43.2%

BSE:532705

-40.3%

IN Media

-14.5%

IN Market

532705 underperformed the Media industry which returned -40.3% over the past year.

532705 underperformed the Market in India which returned -14.5% over the past year.


Share holder returns

532705IndustryMarket
7 Day5.0%-0.3%-1.4%
30 Day-26.3%-6.0%-4.4%
90 Day-35.5%-13.1%-8.1%
1 Year-41.8%-43.2%-39.5%-40.3%-12.7%-14.5%
3 Year-61.6%-63.2%-38.3%-39.8%16.7%10.5%
5 Year-35.4%-41.1%-11.6%-15.5%35.0%22.2%

Price Volatility Vs. Market

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


Simply Wall St News

1 year ago | Simply Wall St

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1 year ago | Simply Wall St

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1 year ago | Simply Wall St

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Valuation

Is Jagran Prakashan undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Jagran Prakashan's share price is below the future cash flow value, and at a moderate discount (> 20%).

Jagran Prakashan's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Jagran Prakashan is good value based on earnings compared to the IN Media industry average.

Jagran Prakashan is good value based on earnings compared to the India market.


Price Based on Expected Growth

Jagran Prakashan is good value based on expected growth next year.


Price Based on Value of Assets

Jagran Prakashan is good value based on assets compared to the IN Media industry average.


Next Steps

Future Growth

How is Jagran Prakashan expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

19.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Jagran Prakashan's revenue is expected to grow by 5.5% yearly, however this is not considered high growth (20% yearly).

Jagran Prakashan's earnings are expected to grow by 19.1% yearly, however this is not considered high growth (20% yearly).

Jagran Prakashan's revenue growth is positive but not above the India market average.

Jagran Prakashan's earnings growth is expected to exceed the India market average.

Jagran Prakashan's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Jagran Prakashan is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Jagran Prakashan performed over the past 5 years?

-0.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Jagran Prakashan's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Jagran Prakashan's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Jagran Prakashan's 1-year earnings growth is negative, it can't be compared to the IN Media industry average.


Return on Equity

Jagran Prakashan has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Jagran Prakashan used its assets less efficiently than the IN Media industry average last year based on Return on Assets.


Return on Capital Employed

Jagran Prakashan's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Jagran Prakashan's financial position?


Financial Position Analysis

Jagran Prakashan is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Jagran Prakashan's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Jagran Prakashan's level of debt (16.4%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (48.2% vs 16.4% today).

Debt is well covered by operating cash flow (113.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 11.8x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.6x debt.


Next Steps

Dividend

What is Jagran Prakashan's current dividend yield, its reliability and sustainability?

7.34%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Jagran Prakashan's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.64%).

Jagran Prakashan's dividend is above the markets top 25% of dividend payers in India (2.6%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.1x coverage).


Next Steps

Management

What is the CEO of Jagran Prakashan's salary, the management and board of directors tenure and is there insider trading?

10.9yrs

Average board tenure


CEO

Sanjay Gupta (56yo)

0.0yrs

Tenure

₹26,260,124

Compensation

Mr. Sanjay Gupta, B.Sc. serves as the Chief Executive Officer and Chief Editor of Dainik Jagran at Jagran Prakashan Ltd. Mr. Gupta served as Editor at Jagran Prakashan Ltd. He is responsible for operations ...


CEO Compensation Analysis

Sanjay's remuneration is higher than average for companies of similar size in India.

Sanjay's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

10.9yrs

Average Tenure

66yo

Average Age

The average tenure for the Jagran Prakashan board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by Jagran Prakashan individual insiders in the past 3 months.


Recent Insider Transactions

Buy₹6,493,14819 Aug 19
Shailendra Gupta
EntityIndividual
Shares97,785
Max Price₹66.40
Buy₹4,713,42319 Aug 19
Vrsm Enterprises Llp
EntityCompany
Shares70,000
Max Price₹67.33
Buy₹945,61014 Aug 19
Sameer Gupta
EntityIndividual
Role
Chief Accounting Officer
Executive President of Accounts
Shares14,500
Max Price₹65.21
Buy₹350,49014 Aug 19
Sunil Gupta
EntityIndividual
Role
Member of the Board of Directors
Whole Time Director
Shares5,388
Max Price₹65.05
Buy₹974,90912 Aug 19
Sandeep Gupta
EntityIndividual
Shares15,336
Max Price₹63.57
Buy₹909,58412 Aug 19
Sunil Gupta
EntityIndividual
Role
Member of the Board of Directors
Whole Time Director
Shares14,500
Max Price₹62.73
Buy₹935,39412 Aug 19
Sameer Gupta
EntityIndividual
Role
Chief Accounting Officer
Executive President of Accounts
Shares14,500
Max Price₹64.51

Ownership Breakdown


Management Team

  • Apurva Purohit (53yo)

    President

    • Tenure: 3.1yrs
  • Sanjay Gupta (56yo)

    CEO, Chief Editor of Dainik Jagran & Whole Time Director

    • Tenure: 0.0yrs
    • Compensation: ₹26.26m
  • Shailesh Gupta (50yo)

    Head of Advertisement & Marketing Department and Whole Time Director

    • Tenure: 25.6yrs
    • Compensation: ₹23.52m
  • Mahendra Gupta (78yo)

    Chairman

    • Tenure: 0.0yrs
    • Compensation: ₹28.40m
  • Sameer Gupta (50yo)

    Executive President of Accounts

    • Tenure: 5.8yrs
    • Compensation: ₹2.49m
  • Dhirendra Gupta (75yo)

    Whole-Time Director

    • Tenure: 10.9yrs
    • Compensation: ₹23.43m
  • Sunil Gupta (57yo)

    Whole Time Director

    • Tenure: 26.6yrs
    • Compensation: ₹23.87m
  • Amit Jaiswal

    Compliance Officer & Company Secretary

    • Tenure: 0.0yrs
    • Compensation: ₹1.50m
  • Rajendra Agarwal (58yo)

    Chief Financial Officer

    • Tenure: 0.0yrs
    • Compensation: ₹13.38m
  • Satish Mishra (56yo)

    Director of Production & Whole Time Director

    • Tenure: 6.1yrs
    • Compensation: ₹2.08m

Board Members

  • Sanjay Gupta (56yo)

    CEO, Chief Editor of Dainik Jagran & Whole Time Director

    • Tenure: 0.0yrs
    • Compensation: ₹26.26m
  • Shailesh Gupta (50yo)

    Head of Advertisement & Marketing Department and Whole Time Director

    • Tenure: 25.6yrs
    • Compensation: ₹23.52m
  • Mahendra Gupta (78yo)

    Chairman

    • Tenure: 0.0yrs
    • Compensation: ₹28.40m
  • Devendra Gupta (69yo)

    Non-Executive Non Independent Director

    • Tenure: 10.9yrs
  • Dhirendra Gupta (75yo)

    Whole-Time Director

    • Tenure: 10.9yrs
    • Compensation: ₹23.43m
  • Sunil Gupta (57yo)

    Whole Time Director

    • Tenure: 26.6yrs
    • Compensation: ₹23.87m
  • Vijay Tandon (75yo)

    Non Executive Independent Director

    • Tenure: 13.8yrs
    • Compensation: ₹300.00k
  • Rajendra Jhunjhunwala (74yo)

    Non Executive Independent Director

    • Tenure: 10.9yrs
    • Compensation: ₹300.00k
  • Dilip Cherian (63yo)

    Non-Executive Independent Director

    • Tenure: 6.6yrs
    • Compensation: ₹200.00k
  • Satish Mishra (56yo)

    Director of Production & Whole Time Director

    • Tenure: 6.1yrs
    • Compensation: ₹2.08m

Company Information

Jagran Prakashan Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jagran Prakashan Limited
  • Ticker: 532705
  • Exchange: BSE
  • Founded: 1942
  • Industry: Publishing
  • Sector: Media
  • Market Cap: ₹20.645b
  • Shares outstanding: 296.41m
  • Website: https://www.jplcorp.in

Location

  • Jagran Prakashan Limited
  • Jagran Building
  • 2, Sarvodaya Nagar
  • Kanpur
  • Uttar Pradesh
  • 208005
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532705BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2006
JAGRANNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2006

Biography

Jagran Prakashan Limited engages in the printing and publication of newspaper and periodicals in India. The company operates through Printing, Publishing and Digital; FM Radio Business; and Others segments ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 12:44
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
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.