NSEI:JUSTDIAL

Stock Analysis Report

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Executive Summary

Just Dial Limited engages in the search engine business under the Justdial brand name in India and internationally. More Details


Snowflake Analysis

Proven track record with adequate balance sheet.


Similar Companies

Share Price & News

How has Just Dial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JUSTDIAL is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: JUSTDIAL's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

-2.9%

JUSTDIAL

2.9%

IN Interactive Media and Services

2.3%

IN Market


1 Year Return

9.3%

JUSTDIAL

51.9%

IN Interactive Media and Services

8.9%

IN Market

Return vs Industry: JUSTDIAL underperformed the Indian Interactive Media and Services industry which returned 50.4% over the past year.

Return vs Market: JUSTDIAL exceeded the Indian Market which returned 7.4% over the past year.


Shareholder returns

JUSTDIALIndustryMarket
7 Day-2.9%2.9%2.3%
30 Day6.4%10.4%8.9%
90 Day63.7%25.6%10.2%
1 Year9.3%9.3%52.1%51.9%11.0%8.9%
3 Year18.6%18.6%169.0%167.1%6.2%1.0%
5 Year-33.0%-33.0%222.6%213.9%53.0%41.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Just Dial undervalued compared to its fair value and its price relative to the market?

14.95x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JUSTDIAL (₹621.2) is trading above our estimate of fair value (₹496.66)

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


Price To Earnings Ratio

PE vs Industry: JUSTDIAL's PE Ratio (14.9x) is in line with the IN Interactive Media and Services industry average.

PE vs Market: JUSTDIAL is good value based on its PE Ratio (14.9x) compared to the Indian market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: JUSTDIAL is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: JUSTDIAL is overvalued based on its PB Ratio (3.3x) compared to the IN Interactive Media and Services industry average (2.8x).


Next Steps

Future Growth

How is Just Dial forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

10.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JUSTDIAL's forecast earnings growth (10.2% per year) is above the savings rate (7.2%).

Earnings vs Market: JUSTDIAL's earnings (10.2% per year) are forecast to grow slower than the Indian market (24.2% per year).

High Growth Earnings: JUSTDIAL's earnings are forecast to grow, but not significantly.

Revenue vs Market: JUSTDIAL's revenue (17.6% per year) is forecast to grow faster than the Indian market (11.4% per year).

High Growth Revenue: JUSTDIAL's revenue (17.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JUSTDIAL's Return on Equity is forecast to be low in 3 years time (18%).


Next Steps

Past Performance

How has Just Dial performed over the past 5 years?

18.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JUSTDIAL has a large one-off gain of ₹1.0B impacting its September 30 2020 financial results.

Growing Profit Margin: JUSTDIAL's current net profit margins (33.6%) are higher than last year (27%).


Past Earnings Growth Analysis

Earnings Trend: JUSTDIAL's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: JUSTDIAL's earnings growth over the past year (5.7%) is below its 5-year average (18% per year).

Earnings vs Industry: JUSTDIAL earnings growth over the past year (5.7%) exceeded the Interactive Media and Services industry -2.2%.


Return on Equity

High ROE: JUSTDIAL's Return on Equity (23.1%) is considered high.


Next Steps

Financial Health

How is Just Dial's financial position?


Financial Position Analysis

Short Term Liabilities: JUSTDIAL's short term assets (₹1.3B) do not cover its short term liabilities (₹3.8B).

Long Term Liabilities: JUSTDIAL's short term assets (₹1.3B) exceed its long term liabilities (₹1.1B).


Debt to Equity History and Analysis

Debt Level: JUSTDIAL's debt to equity ratio (0.01%) is considered satisfactory.

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

Debt Coverage: JUSTDIAL's debt is well covered by operating cash flow (82816.7%).

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


Balance Sheet


Next Steps

Dividend

What is Just Dial current dividend yield, its reliability and sustainability?

0.35%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate JUSTDIAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate JUSTDIAL'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 JUSTDIAL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if JUSTDIAL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: JUSTDIAL is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JUSTDIAL'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?

3.3yrs

Average management tenure


CEO

Venkatachalam Mani (54 yo)

no data

Tenure

₹29,627,757

Compensation

Mr. Venkatachalam Sthanu Subramani Mani Founded Just Dial Limited (formerly, A&M Communications Pvt Ltd.) in 1993 and serves as its Managing Director and Chief Executive Officer. With a vision to introduce...


CEO Compensation Analysis

Compensation vs Market: Venkatachalam's total compensation ($USD398.99K) is about average for companies of similar size in the Indian market ($USD374.90K).

Compensation vs Earnings: Venkatachalam's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Venkatachalam Mani
Founderno data₹29.63m31.12%
₹ 12.0b
Ramani Iyer
Co-Founder & Non-Independent Whole-Time Director15.08yrs₹13.00m0.58%
₹ 223.1m
Abhishek Bansal
CFO & Whole-Time Director1.08yrs₹21.62m0.012%
₹ 4.6m
Manan Udani
Company Secretary & Compliance Officer1.25yrs₹2.56mno data
V. Krishnan
Non-Independent Whole-Time Director15.08yrs₹31.96m1.03%
₹ 397.4m
Rajesh Madhavan
Chief People Officer3.25yrsno datano data
K. Nayak
Head of Bangalore Branchno datano datano data
Sandeep Kanchan
Chief Product Officer of Payments & Voiceno data₹6.51mno data
Chandra Verma
Chief Architect of Searchno data₹6.37mno data
Rajesh Garg
Chief Architect of Mobile Technologiesno data₹6.58mno data
Jamin Shah
Chief Technology officer of Omnino data₹8.57m0.0087%
₹ 3.3m
Vishal Parikh
Chief Product Officer3.25yrsno data0.000080%
₹ 30.7k

3.3yrs

Average Tenure

44yo

Average Age

Experienced Management: JUSTDIAL's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Venkatachalam Mani
Founderno data₹29.63m31.12%
₹ 12.0b
Ramani Iyer
Co-Founder & Non-Independent Whole-Time Director15.08yrs₹13.00m0.58%
₹ 223.1m
Abhishek Bansal
CFO & Whole-Time Director1.08yrs₹21.62m0.012%
₹ 4.6m
V. Krishnan
Non-Independent Whole-Time Director15.08yrs₹31.96m1.03%
₹ 397.4m
Pulak Prasad
Non-Independent Non-Executive Director4.08yrsno datano data
Sanjay Bahadur
Independent Non-Executive Director9.25yrs₹2.10m0.011%
₹ 4.0m
B. Anand
Independent Chairman of the Boardno data₹1.70mno data
Malcolm Monteiro
Independent Non-Executive Director9.25yrs₹1.90mno data
Anita Mani
Non-Independent Non-Executive Director6.17yrs₹1.20m3.11%
₹ 1.2b
Bhavna Thakur
Non-Executive Independent Woman Director1.58yrs₹1.10mno data

7.7yrs

Average Tenure

52yo

Average Age

Experienced Board: JUSTDIAL's board of directors are considered experienced (7.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: JUSTDIAL 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

Just Dial Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Just Dial Limited
  • Ticker: JUSTDIAL
  • Exchange: NSEI
  • Founded: 1993
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: ₹38.409b
  • Shares outstanding: 61.85m
  • Website: https://www.justdial.com

Number of Employees


Location

  • Just Dial Limited
  • Building - M
  • 5th Floor, 501/B
  • Mumbai
  • Maharashtra
  • 400064
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JUSTDIALNSEI (National Stock Exchange of India)YesEquity SharesININRJun 2013
535648BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2013

Biography

Just Dial Limited engages in the search engine business under the Justdial brand name in India and internationally. The company offers local search, search related, and software services through various pl...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 12:47
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.