NSEI:JMA

Stock Analysis Report

Jullundur Motor Agency (Delhi)

Executive Summary

Jullundur Motor Agency (Delhi) Limited trades and distributes automobile parts, accessories, and petroleum products primarily in India.

Snowflake

Fundamentals

Flawless balance sheet and good value.

Risks

  • Jullundur Motor Agency (Delhi) is not covered by any analysts.

Share Price & News

How has Jullundur Motor Agency (Delhi)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.8%

JMA

-3.3%

IN Retail Distributors

-4.2%

IN Market


1 Year Return

-33.0%

JMA

-13.8%

IN Retail Distributors

-7.8%

IN Market

JMA underperformed the Retail Distributors industry which returned -13.8% over the past year.

JMA underperformed the Market in India which returned -7.8% over the past year.


Share holder returns

JMAIndustryMarket
7 Day2.8%-3.3%-4.2%
30 Day11.8%-6.2%2.7%
90 Day-13.9%-19.5%-5.5%
1 Year-31.2%-33.0%-13.3%-13.8%-6.0%-7.8%
3 Year-30.4%-34.9%-29.1%-29.9%18.5%12.6%
5 Yearn/a-51.2%-51.6%38.6%25.6%

Price Volatility Vs. Market

How volatile is Jullundur Motor Agency (Delhi)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jullundur Motor Agency (Delhi) undervalued based on future cash flows and its price relative to the stock market?

36%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Jullundur Motor Agency (Delhi)'s share price is below the future cash flow value, and at a moderate discount (> 20%).

Jullundur Motor Agency (Delhi)'s share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Jullundur Motor Agency (Delhi) is good value based on earnings compared to the IN Retail Distributors industry average.

Jullundur Motor Agency (Delhi) is good value based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Jullundur Motor Agency (Delhi), we can't assess if its growth is good value.


Price Based on Value of Assets

Jullundur Motor Agency (Delhi) is good value based on assets compared to the IN Retail Distributors industry average.


Next Steps

Future Growth

How is Jullundur Motor Agency (Delhi) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-20.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Jullundur Motor Agency (Delhi) is high growth as no revenue estimate data is available.

Jullundur Motor Agency (Delhi)'s earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Jullundur Motor Agency (Delhi)'s revenue growth to the India market average as no estimate data is available.

Jullundur Motor Agency (Delhi)'s earnings are expected to decrease over the next 1-3 years, this is below the India market average.

Jullundur Motor Agency (Delhi)'s earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Jullundur Motor Agency (Delhi) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Jullundur Motor Agency (Delhi) performed over the past 5 years?

0.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Jullundur Motor Agency (Delhi)'s year on year earnings growth rate has been positive over the past 5 years.

Jullundur Motor Agency (Delhi)'s 1-year earnings growth exceeds its 5-year average (18.7% vs 0.9%)

Jullundur Motor Agency (Delhi)'s earnings growth has exceeded the IN Retail Distributors industry average in the past year (18.7% vs 14.7%).


Return on Equity

Jullundur Motor Agency (Delhi) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Jullundur Motor Agency (Delhi) used its assets more efficiently than the IN Retail Distributors industry average last year based on Return on Assets.


Return on Capital Employed

Jullundur Motor Agency (Delhi)'s use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Jullundur Motor Agency (Delhi)'s financial position?


Financial Position Analysis

Jullundur Motor Agency (Delhi) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Jullundur Motor Agency (Delhi)'s cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Jullundur Motor Agency (Delhi) has no debt.

Jullundur Motor Agency (Delhi) has no debt compared to 5 years ago when it was 9.7%.

Jullundur Motor Agency (Delhi) has no debt, it does not need to be covered by operating cash flow.

Jullundur Motor Agency (Delhi) has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Jullundur Motor Agency (Delhi) has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Jullundur Motor Agency (Delhi)'s current dividend yield, its reliability and sustainability?

3.14%

Current Dividend Yield


Dividend Yield and Payments Analysis

Jullundur Motor Agency (Delhi)'s pays a higher dividend yield than the bottom 25% of dividend payers in India (0.57%).

Jullundur Motor Agency (Delhi)'s dividend is above the markets top 25% of dividend payers in India (2.34%).

Whilst dividend payments have been stable, Jullundur Motor Agency (Delhi) has been paying a dividend for less than 10 years.

Jullundur Motor Agency (Delhi) has only been paying a dividend for 4 years, and since then there has been no growth.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.7x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Jullundur Motor Agency (Delhi)'s salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average management tenure


CEO

Deepak Arora (59yo)

0yrs

Tenure

₹11,411,827

Compensation

Mr. Deepak Arora serves as Joint Managing Director of Jullundur Motor Agency Delhi Ltd. and has been its Director since August 1, 2005. Mr. Arora previously employed at ACL Components Ltd. He has 21 years  ...


CEO Compensation Analysis

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

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


Management Age and Tenure

2.9yrs

Average Tenure

61yo

Average Age

The tenure for the Jullundur Motor Agency (Delhi) management team is about average.


Board Age and Tenure

14.1yrs

Average Tenure

78yo

Average Age

The average tenure for the Jullundur Motor Agency (Delhi) 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 Jullundur Motor Agency (Delhi) individual insiders in the past 3 months.


Recent Insider Transactions

Buy₹6,23111 Sep 19
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares274
Max Price₹22.74
Buy₹45,91109 Sep 19
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares1,997
Max Price₹22.99
Buy₹39,92606 Sep 19
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares1,788
Max Price₹22.33
Buy₹3,333,39005 Sep 19
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares140,000
Max Price₹23.81
Buy₹475,60005 Sep 19
Aditi Malik
EntityIndividual
Role
Head of Marketing
President of HR & Marketing
Shares20,000
Max Price₹23.78
Buy₹829,50005 Sep 19
Virat Sondhi
EntityIndividual
Role
Member of the Board of Directors
MD & Executive Director
Shares35,000
Max Price₹23.70
Buy₹236,50005 Sep 19
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares10,000
Max Price₹23.65
Buy₹252,12801 Mar 19
Virat Sondhi
EntityIndividual
Role
Member of the Board of Directors
MD & Executive Director
Shares8,115
Max Price₹31.80
Buy₹510,50227 Feb 19
Virat Sondhi
EntityIndividual
Role
Member of the Board of Directors
MD & Executive Director
Shares16,885
Max Price₹30.40
Buy₹806,80328 Dec 18
Varoon Malik
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares22,500
Max Price₹35.86
Buy₹327,02527 Dec 18
Aditi Malik
EntityIndividual
Role
Head of Marketing
President of HR & Marketing
Shares9,490
Max Price₹34.46
Buy₹357,09221 Dec 18
Deepak Arora
EntityIndividual
Role
Co-Chief Executive Officer
Joint MD & Executive Director
Shares10,320
Max Price₹34.60
Buy₹7,60514 Dec 18
Aditi Malik
EntityIndividual
Role
Head of Marketing
President of HR & Marketing
Shares225
Max Price₹33.80
Buy₹185,96413 Dec 18
Aditi Malik
EntityIndividual
Role
Head of Marketing
President of HR & Marketing
Shares5,475
Max Price₹33.97

Ownership Breakdown


Management Team

  • Deepak Arora (59yo)

    Joint MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹11.41m
  • Ravinder Rabra (69yo)

    Chief Manager of Accounts

    • Tenure: 42.4yrs
  • Virat Sondhi (81yo)

    MD & Executive Director

    • Tenure: 51.8yrs
    • Compensation: ₹11.41m
  • Narinder Singh

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: ₹2.74m
  • Varoon Malik (37yo)

    Chief Operating Officer

    • Tenure: 0.7yrs
    • Compensation: ₹10.00k
  • Sachin Saluja

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
    • Compensation: ₹1.71m
  • Aditi Malik (32yo)

    President of HR & Marketing

    • Tenure: 2.9yrs
  • L. Nagpal (63yo)

    General Manager of Sales & Marketing

    • Tenure: 0yrs

Board Members

  • Ranjit Puri (79yo)

    Non-Executive Non-Independent Director

    • Tenure: 14.3yrs
    • Compensation: ₹40.00k
  • Deepak Arora (59yo)

    Joint MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹11.41m
  • Shuchi Arora (57yo)

    Non-Executive Non-Independent Director

    • Tenure: 32.5yrs
    • Compensation: ₹60.00k
  • Sanjeev Kumar (64yo)

    Non-Executive Non-Independent Director

    • Tenure: 11.4yrs
    • Compensation: ₹30.00k
  • Subhash Vasudeva (81yo)

    Chairman of the Board

    • Tenure: 5.3yrs
    • Compensation: ₹170.00k
  • Alok Sondhi (63yo)

    Independent Non-Executive Director

    • Tenure: 14.1yrs
    • Compensation: ₹50.00k
  • Avinash Anand (83yo)

    Independent Non-Executive Director

    • Tenure: 19.8yrs
    • Compensation: ₹170.00k
  • Virat Sondhi (81yo)

    MD & Executive Director

    • Tenure: 51.8yrs
    • Compensation: ₹11.41m
  • Sarvjit Sondhi (79yo)

    Non-Executive Non-Independent Director

    • Tenure: 7.6yrs
    • Compensation: ₹40.00k
  • Mohindar Khanna (77yo)

    Independent Non-Executive Director

    • Tenure: 5yrs
    • Compensation: ₹110.00k

Company Information

Jullundur Motor Agency (Delhi) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jullundur Motor Agency (Delhi) Limited
  • Ticker: JMA
  • Exchange: NSEI
  • Founded: 1927
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: ₹760.360m
  • Shares outstanding: 29.82m
  • Website: https://www.jmaindia.com

Number of Employees


Location

  • Jullundur Motor Agency (Delhi) Limited
  • 458-1/16, Sohna Road
  • Opposite New Court
  • Gurgaon
  • Haryana
  • 122001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JMANSEI (National Stock Exchange of India)YesEquity SharesININRMar 2015

Biography

Jullundur Motor Agency (Delhi) Limited trades and distributes automobile parts, accessories, and petroleum products primarily in India. The company offers automotive components; fly wheel rings; gaskets an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 12:49
End of Day Share Price2019/09/20 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.