Jumbo Bag Ltd

Jumbo Bag Ltd

₹ 51.0 1.41%
26 Dec 4:01 p.m.
About

Incorporated in 1990, Jumbo Bag Ltd is engaged in the business of FIBC bags and Polymer Trading.

Key Points

Business Overview:[1]
Jumbo Bag Ltd is a part of BLISS Group of companies. Company manufactures Flexible Intermediate Bulk Bags(FIBC bags) used for industrial purposes and acts as a Del – Credere Associate cum Consignment Stockiest (DCA/ CS) for Indian Oil Corporation Limited in polymer trading.

  • Market Cap 42.7 Cr.
  • Current Price 51.0
  • High / Low 70.2 / 32.6
  • Stock P/E 13.6
  • Book Value 41.4
  • Dividend Yield 0.00 %
  • ROCE 8.53 %
  • ROE 7.46 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -2.35% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 8.11% over last 3 years.
  • Contingent liabilities of Rs.14.0 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

Sector: Packaging Industry: Packaging

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
30.44 34.18 34.56 31.01 32.39 25.38 22.46 24.28 27.46 25.65 26.93 28.04 33.36
28.28 31.83 31.90 28.95 30.55 24.02 20.70 22.77 25.68 23.08 25.25 26.03 31.39
Operating Profit 2.16 2.35 2.66 2.06 1.84 1.36 1.76 1.51 1.78 2.57 1.68 2.01 1.97
OPM % 7.10% 6.88% 7.70% 6.64% 5.68% 5.36% 7.84% 6.22% 6.48% 10.02% 6.24% 7.17% 5.91%
-3.78 0.04 0.39 0.15 0.06 -0.06 -0.27 0.10 0.06 -1.78 0.28 0.05 0.05
Interest 0.56 0.68 0.63 0.79 0.79 0.33 0.71 0.58 0.71 0.61 0.70 0.61 0.62
Depreciation 0.50 0.56 0.50 0.67 0.59 0.52 0.61 0.54 0.52 0.60 0.57 0.69 0.53
Profit before tax -2.68 1.15 1.92 0.75 0.52 0.45 0.17 0.49 0.61 -0.42 0.69 0.76 0.87
Tax % -14.18% -4.35% 21.88% 25.33% 23.08% 26.67% -5.88% 10.20% 26.23% -26.19% 13.04% 36.84% 32.18%
-2.30 1.20 1.50 0.56 0.40 0.33 0.18 0.43 0.45 -0.30 0.60 0.47 0.58
EPS in Rs -2.75 1.43 1.79 0.67 0.48 0.39 0.21 0.51 0.54 -0.36 0.72 0.56 0.69
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
87 84 94 85 96 106 117 92 85 131 111 104 114
80 88 86 78 89 98 108 85 79 121 103 96 106
Operating Profit 7 -4 8 6 7 8 9 6 6 10 8 8 8
OPM % 7% -5% 8% 7% 8% 7% 8% 7% 7% 8% 7% 8% 7%
1 9 0 0 1 0 -1 1 0 -3 -0 -1 -1
Interest 5 5 8 6 5 5 5 4 3 3 4 3 3
Depreciation 2 2 2 2 2 2 2 2 2 2 2 2 2
Profit before tax 0 -2 -1 -1 1 1 1 1 1 1 2 1 2
Tax % 9% -10% -9% -31% 43% 24% -4% 15% 42% 17% 22% 14%
0 -2 -1 -1 1 1 1 1 0 1 1 1 1
EPS in Rs 0.11 -2.64 -1.61 -0.80 0.74 1.30 1.23 1.15 0.37 1.27 1.76 1.42 1.61
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 2%
5 Years: -2%
3 Years: 7%
TTM: 14%
Compounded Profit Growth
10 Years: 8%
5 Years: 3%
3 Years: 102%
TTM: 84%
Stock Price CAGR
10 Years: 23%
5 Years: 33%
3 Years: 49%
1 Year: 42%
Return on Equity
10 Years: 5%
5 Years: 6%
3 Years: 8%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 11 9 5 17 19 20 21 22 22 23 24 25 26
48 47 48 51 54 47 51 39 43 46 41 38 43
17 33 26 27 24 27 20 16 25 23 20 17 19
Total Liabilities 84 98 87 104 105 102 100 86 99 101 94 89 96
24 19 16 28 26 28 27 26 26 26 27 31 30
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 1
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
61 79 71 77 79 75 73 60 73 75 67 58 65
Total Assets 84 98 87 104 105 102 100 86 99 101 94 89 96

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-5 -2 0 -3 3 13 1 16 2 1 12 13
-2 2 -1 -1 -1 -3 -1 -1 -2 -3 -4 -5
7 -1 0 4 -2 -9 -0 -15 0 2 -7 -8
Net Cash Flow 0 0 -0 -0 0 1 -1 -0 0 1 1 -1

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 137 174 115 140 133 97 96 89 155 107 111 106
Inventory Days 125 110 146 213 170 145 131 165 181 117 134 131
Days Payable 63 146 107 128 105 104 74 62 129 72 73 75
Cash Conversion Cycle 199 138 154 225 198 138 152 192 207 152 172 163
Working Capital Days 182 196 178 219 207 140 154 164 198 149 152 136
ROCE % 8% -9% 14% 7% 8% 8% 10% 7% 5% 11% 8% 9%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
43.50% 42.60% 42.60% 42.60% 42.60% 42.60% 42.60% 42.60% 42.60% 42.60% 42.60% 42.60%
56.50% 57.40% 57.40% 57.40% 57.41% 57.41% 57.40% 57.40% 57.40% 57.39% 57.40% 57.40%
No. of Shareholders 4,9765,0535,1865,2535,2935,2725,1545,1245,1115,0425,2475,200

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