Jagran Prakashan
Market Cap
₹11.0b
Last Updated
2020/11/27 12:14 UTC
Data Sources
Company Financials +
Executive Summary
Jagran Prakashan Limited engages in the printing and publication of newspapers and magazines in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
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
Stable Share Price: JAGRAN is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: JAGRAN's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-2.6%
JAGRAN
0.6%
IN Media
2.1%
IN Market
1 Year Return
-28.0%
JAGRAN
-13.4%
IN Media
7.0%
IN Market
Return vs Industry: JAGRAN underperformed the Indian Media industry which returned -13.4% over the past year.
Return vs Market: JAGRAN underperformed the Indian Market which returned 7% over the past year.
Shareholder returns
| JAGRAN | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.6% | 0.6% | 2.1% |
| 30 Day | 9.8% | 1.2% | 9.1% |
| 90 Day | -4.9% | -8.6% | 9.3% |
| 1 Year | -28.0%-28.0% | -12.0%-13.4% | 9.0%7.0% |
| 3 Year | -73.8%-75.7% | -60.0%-61.5% | 6.7%1.5% |
| 5 Year | -70.5%-73.1% | -47.6%-50.0% | 53.5%42.0% |
Long-Term 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
2 weeks ago | Simply Wall St
We're Not Counting On Jagran Prakashan (NSE:JAGRAN) To Sustain Its Statutory Profitability1 month ago | Simply Wall St
The Returns At Jagran Prakashan (NSE:JAGRAN) Provide Us With Signs Of What's To Come2 months ago | Simply Wall St
Here's What We Learned About The CEO Pay At Jagran Prakashan Limited (NSE:JAGRAN)Valuation
Is Jagran Prakashan 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: JAGRAN (₹39.75) is trading below our estimate of fair value (₹118.18)
Significantly Below Fair Value: JAGRAN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JAGRAN is poor value based on its PE Ratio (18.5x) compared to the IN Media industry average (13.6x).
PE vs Market: JAGRAN is poor value based on its PE Ratio (18.5x) compared to the Indian market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: JAGRAN is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: JAGRAN is good value based on its PB Ratio (0.6x) compared to the IN Media industry average (1.3x).
Next Steps
Future Growth
How is Jagran Prakashan forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
58.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JAGRAN's forecast earnings growth (58.4% per year) is above the savings rate (7.2%).
Earnings vs Market: JAGRAN's earnings (58.4% per year) are forecast to grow faster than the Indian market (24.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: JAGRAN's revenue (18.3% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: JAGRAN's revenue (18.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JAGRAN's Return on Equity is forecast to be low in 3 years time (9%).
Next Steps
Past Performance
How has Jagran Prakashan performed over the past 5 years?
-12.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JAGRAN has a large one-off gain of ₹282.5M impacting its September 30 2020 financial results.
Growing Profit Margin: JAGRAN's current net profit margins (4.1%) are lower than last year (13.9%).
Past Earnings Growth Analysis
Earnings Trend: JAGRAN's earnings have declined by 12.6% per year over the past 5 years.
Accelerating Growth: JAGRAN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JAGRAN had negative earnings growth (-81.1%) over the past year, making it difficult to compare to the Media industry average (-24.3%).
Return on Equity
High ROE: JAGRAN's Return on Equity (2.6%) is considered low.
Next Steps
Financial Health
How is Jagran Prakashan's financial position?
Financial Position Analysis
Short Term Liabilities: JAGRAN's short term assets (₹9.7B) exceed its short term liabilities (₹3.9B).
Long Term Liabilities: JAGRAN's short term assets (₹9.7B) exceed its long term liabilities (₹4.5B).
Debt to Equity History and Analysis
Debt Level: JAGRAN's debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: JAGRAN's debt to equity ratio has reduced from 32.4% to 12.7% over the past 5 years.
Debt Coverage: JAGRAN's debt is well covered by operating cash flow (99%).
Interest Coverage: JAGRAN's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Jagran Prakashan current dividend yield, its reliability and sustainability?
7.45%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JAGRAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JAGRAN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if JAGRAN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JAGRAN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: JAGRAN is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JAGRAN'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?
7.1yrs
Average management tenure
CEO
Sanjay Gupta (58 yo)
no data
Tenure
₹30,887,000
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
Compensation vs Market: Sanjay's total compensation ($USD418.47K) is above average for companies of similar size in the Indian market ($USD50.36K).
Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | no data | ₹32.48m | 0.045% ₹ 4.9m | |
| CEO, Chief Editor of Dainik Jagran & Whole Time Director | no data | ₹30.89m | 0.019% ₹ 2.1m | |
| Head of Advertisement & Marketing Department and Whole Time Director | 26yrs | ₹27.33m | no data | |
| Whole-Time Director | 12.17yrs | ₹28.07m | 0.092% ₹ 10.2m | |
| Whole Time Director | 27.08yrs | ₹28.08m | 0.036% ₹ 3.9m | |
| Head of Production Department & Whole Time Director | 7.33yrs | ₹2.67m | 0.000050% ₹ 5.5k | |
| President | 4.33yrs | no data | no data | |
| Chief Financial Officer | no data | ₹17.13m | no data | |
| Executive President of Accounts | 7.08yrs | ₹2.49m | 0.057% ₹ 6.3m | |
| General Manager of Corporate Finance | no data | ₹370.00k | no data | |
| Executive President of Technical | 7.08yrs | ₹1.58m | 0.024% ₹ 2.7m | |
| Compliance Officer & Company Secretary | no data | ₹1.62m | no data |
7.1yrs
Average Tenure
57yo
Average Age
Experienced Management: JAGRAN's management team is seasoned and experienced (7.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | no data | ₹32.48m | 0.045% ₹ 4.9m | |
| CEO, Chief Editor of Dainik Jagran & Whole Time Director | no data | ₹30.89m | 0.019% ₹ 2.1m | |
| Head of Advertisement & Marketing Department and Whole Time Director | 26yrs | ₹27.33m | no data | |
| Whole-Time Director | 12.17yrs | ₹28.07m | 0.092% ₹ 10.2m | |
| Whole Time Director | 27.08yrs | ₹28.08m | 0.036% ₹ 3.9m | |
| Head of Production Department & Whole Time Director | 7.33yrs | ₹2.67m | 0.000050% ₹ 5.5k | |
| Non-Executive Independent Director | 7.83yrs | ₹300.00k | no data | |
| Non-Executive Non Independent Director | 12.17yrs | no data | 0.042% ₹ 4.6m | |
| Non Executive Independent Director | 15yrs | ₹660.00k | no data | |
| Non-Executive Non Independent Director | 12.17yrs | no data | 0.14% ₹ 15.1m | |
| Non-Executive Independent Director | 7.83yrs | ₹500.00k | no data | |
| Non Executive Independent Director | 6.17yrs | ₹300.00k | no data |
12.2yrs
Average Tenure
61yo
Average Age
Experienced Board: JAGRAN's board of directors are seasoned and experienced ( 12.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JAGRAN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Jagran Prakashan Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Jagran Prakashan Limited
- Ticker: JAGRAN
- Exchange: NSEI
- Founded: 1942
- Industry: Publishing
- Sector: Media
- Market Cap: ₹11.037b
- Shares outstanding: 281.20m
- Website: https://jplcorp.in
Location
- Jagran Prakashan Limited
- Jagran Building
- 2, Sarvodaya Nagar
- Kanpur
- Uttar Pradesh
- 208005
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532705 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Feb 2006 |
| JAGRAN | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Feb 2006 |
Biography
Jagran Prakashan Limited engages in the printing and publication of newspapers and magazines in India. The company operates through Printing, Publishing and Digital; FM Radio Business; and Others segments....
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 12:14 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.