JBF Industries Ltd
Incorporated in 1982, JBF Industries Ltd manufactures Polyester Chips, Polyester Yarn and Processed Yarn[1]
- Market Cap ₹ 35.2 Cr.
- Current Price ₹ 4.30
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 252
- Dividend Yield 0.00 %
- ROCE 1.52 %
- ROE -14.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.02 times its book value
- Company's working capital requirements have reduced from 48.8 days to 35.2 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.59% over past five years.
- Promoter holding is low: 22.9%
- Company has a low return on equity of -7.90% over last 3 years.
- Contingent liabilities of Rs.478 Cr.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Petrochemicals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
722 | 1,477 | 2,792 | 4,310 | 4,941 | 6,471 | 7,179 | 7,456 | 8,568 | 8,879 | 8,879 | 8,985 | |
634 | 1,308 | 2,527 | 3,851 | 4,468 | 5,596 | 6,758 | 6,893 | 7,978 | 8,074 | 8,168 | 8,487 | |
Operating Profit | 88 | 169 | 265 | 458 | 473 | 875 | 421 | 563 | 590 | 806 | 711 | 498 |
OPM % | 12% | 11% | 9% | 11% | 10% | 14% | 6% | 8% | 7% | 9% | 8% | 6% |
6 | 13 | 17 | 7 | 39 | 18 | 126 | 43 | 22 | 44 | 33 | 40 | |
Interest | 11 | 27 | 63 | 98 | 127 | 156 | 192 | 255 | 346 | 454 | 559 | 564 |
Depreciation | 23 | 37 | 60 | 78 | 117 | 131 | 152 | 200 | 245 | 307 | 357 | 344 |
Profit before tax | 60 | 118 | 160 | 290 | 267 | 606 | 202 | 151 | 20 | 89 | -172 | -369 |
Tax % | 28% | 34% | 18% | 16% | 20% | 10% | -10% | 25% | 72% | 65% | 30% | 6% |
43 | 79 | 130 | 244 | 213 | 546 | 223 | 113 | 6 | 31 | -225 | -390 | |
EPS in Rs | 14.63 | 21.55 | 30.34 | 30.59 | 81.69 | 30.95 | 15.62 | 0.87 | 4.75 | -22.93 | -41.56 | |
Dividend Payout % | 23% | 15% | 7% | 16% | 20% | 10% | 26% | 6% | 230% | 42% | -4% | -1% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | 5% |
3 Years: | 2% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -79% |
Stock Price CAGR | |
---|---|
10 Years: | -34% |
5 Years: | -17% |
3 Years: | -27% |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | -4% |
3 Years: | -8% |
Last Year: | -15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 49 | 54 | 62 | 62 | 62 | 72 | 72 | 73 | 65 | 66 | 82 | 82 |
Reserves | 248 | 328 | 531 | 671 | 812 | 1,355 | 1,534 | 1,687 | 1,804 | 1,755 | 2,342 | 1,982 |
427 | 604 | 837 | 1,241 | 1,364 | 1,810 | 2,975 | 4,194 | 6,430 | 8,607 | 10,729 | 10,849 | |
167 | 301 | 995 | 1,231 | 1,395 | 1,344 | 1,157 | 1,712 | 1,882 | 2,714 | 3,176 | 3,535 | |
Total Liabilities | 891 | 1,288 | 2,425 | 3,205 | 3,634 | 4,581 | 5,737 | 7,665 | 10,183 | 13,142 | 16,330 | 16,447 |
302 | 641 | 971 | 1,769 | 2,008 | 2,200 | 2,863 | 3,325 | 4,479 | 6,234 | 6,386 | 5,995 | |
CWIP | 242 | 275 | 365 | 315 | 108 | 168 | 159 | 654 | 1,863 | 2,340 | 4,023 | 4,821 |
Investments | 44 | 28 | 59 | 36 | 131 | 128 | 67 | 52 | 3 | 3 | 1 | 1 |
302 | 344 | 1,029 | 1,086 | 1,386 | 2,086 | 2,648 | 3,636 | 3,837 | 4,565 | 5,919 | 5,630 | |
Total Assets | 891 | 1,288 | 2,425 | 3,205 | 3,634 | 4,581 | 5,737 | 7,665 | 10,183 | 13,142 | 16,330 | 16,447 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
35 | 43 | 294 | 299 | 195 | 837 | 327 | 371 | 690 | 439 | -32 | 952 | |
-258 | -368 | -412 | -744 | -220 | -566 | -831 | -917 | -2,238 | -1,932 | -1,001 | -345 | |
350 | 205 | 437 | 232 | 35 | -194 | 554 | 547 | 1,495 | 1,484 | 1,652 | -587 | |
Net Cash Flow | 128 | -121 | 318 | -212 | 10 | 78 | 50 | 1 | -53 | -10 | 620 | 20 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 37 | 34 | 38 | 32 | 35 | 39 | 36 | 51 | 49 | 60 | 79 | 83 |
Inventory Days | 29 | 24 | 42 | 43 | 48 | 57 | 51 | 59 | 57 | 59 | 61 | 58 |
Days Payable | 22 | 14 | 57 | 57 | 67 | 83 | 54 | 72 | 65 | 102 | 99 | 106 |
Cash Conversion Cycle | 44 | 44 | 23 | 18 | 15 | 13 | 34 | 38 | 41 | 17 | 41 | 35 |
Working Capital Days | 45 | 45 | 15 | 24 | 29 | 11 | 29 | 29 | 25 | 44 | 67 | 35 |
ROCE % | 16% | 16% | 19% | 16% | 26% | 8% | 8% | 5% | 6% | 3% | 2% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
27 Jun - Company under insolvency process explains delay in disclosure; director term ended June 1, 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
25 Jun - Director Ujjwala Girish Apte's tenure ended on June 1, 2025, as approved in 2022 AGM.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Secretarial Compliance Report for FY25; multiple SEBI compliance deviations during CIRP status.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Announcement under Regulation 30 (LODR) New paper cutting in paper of Results 31.03.2025 meeting dated 28.05.2025
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Board Meeting Outcome for Audited Financial Statements For The Quarter And Year Ended 31.03.2025
28 May - JBF Industries reports large losses, insolvency status, Rs.1561 Cr interest non-provision, legal disputes, and going concern doubts.
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
Company is amongst the Top 5 Domestic market leaders in Textile grade chips, Bottle grade chips and Partially Oriented Yarn. Globally, JBF is amongst the Top 10 manufacturers of Bottle grade chips and Polyester Films. It has units in Gujarat, Silvassa, RAK, Bahrain and Belgium