Joindre Capital Services Ltd

Joindre Capital Services Ltd

₹ 56.5 -2.72%
22 Nov - close price
About

Incorporated in 1995, Joindre Capital Services Ltd is engaged in business of stock broking, proprietary trading & allied activities

Key Points

Registrations:[1]
Company is registered with SEBI under the Stock Brokers and Sub-Brokers Regulations. Company has a Trading-cum-Clearing Membership of BSE Ltd in their Cash and Derivative segment and NSE Ltd in their Cash, Derivative, Currency Derivative segment. Company is also registered with CDSL as a Depository Participant.

  • Market Cap 78.2 Cr.
  • Current Price 56.5
  • High / Low 71.4 / 39.5
  • Stock P/E 8.09
  • Book Value 55.7
  • Dividend Yield 3.54 %
  • ROCE 13.2 %
  • ROE 2.23 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.01 times its book value
  • Stock is providing a good dividend yield of 3.54%.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 216%

Cons

  • Company has a low return on equity of 5.22% over last 3 years.
  • Contingent liabilities of Rs.30.3 Cr.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
9.20 9.41 8.81 7.33 7.64 7.28 6.73 7.00 10.26 10.84 13.41 13.05 14.60
7.04 7.42 7.38 5.87 6.21 6.08 5.65 5.48 7.60 8.15 9.17 8.93 9.78
Operating Profit 2.16 1.99 1.43 1.46 1.43 1.20 1.08 1.52 2.66 2.69 4.24 4.12 4.82
OPM % 23.48% 21.15% 16.23% 19.92% 18.72% 16.48% 16.05% 21.71% 25.93% 24.82% 31.62% 31.57% 33.01%
0.00 0.50 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -7.01 0.00 0.00
Interest 0.18 0.22 0.08 0.12 0.17 0.08 0.06 0.15 0.05 0.06 0.16 0.43 0.25
Depreciation 0.02 0.13 0.12 0.12 0.12 0.13 0.11 0.13 0.13 0.14 0.16 0.15 0.17
Profit before tax 1.96 2.14 1.30 1.22 1.14 0.99 0.91 1.24 2.48 2.49 -3.09 3.54 4.40
Tax % 21.43% 21.96% 26.92% 23.77% 28.07% 26.26% 35.16% 28.23% 26.61% 25.30% 32.69% 24.29% 26.14%
1.53 1.67 0.95 0.93 0.82 0.74 0.59 0.90 1.82 1.86 -4.09 2.67 3.26
EPS in Rs 1.11 1.21 0.69 0.67 0.59 0.53 0.43 0.65 1.32 1.34 -2.96 1.93 2.36
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
17.88 17.22 25.90 21.97 24.47 31.62 23.28 20.83 28.20 37.56 28.98 41.51 51.90
15.19 13.67 19.55 18.18 20.17 24.55 19.86 18.74 22.85 28.74 23.55 30.16 36.03
Operating Profit 2.69 3.55 6.35 3.79 4.30 7.07 3.42 2.09 5.35 8.82 5.43 11.35 15.87
OPM % 15.04% 20.62% 24.52% 17.25% 17.57% 22.36% 14.69% 10.03% 18.97% 23.48% 18.74% 27.34% 30.58%
0.00 0.05 0.00 -0.01 4.21 0.47 0.60 0.07 0.00 0.57 0.00 -7.01 -7.01
Interest 0.64 0.46 0.64 0.62 0.44 0.41 0.39 0.44 0.59 1.05 0.70 0.66 0.90
Depreciation 0.29 0.24 0.23 0.20 0.13 0.09 0.20 0.14 0.16 0.31 0.47 0.56 0.62
Profit before tax 1.76 2.90 5.48 2.96 7.94 7.04 3.43 1.58 4.60 8.03 4.26 3.12 7.34
Tax % 32.39% 31.03% 30.84% 32.09% 32.12% 15.34% 27.41% 26.58% 28.91% 21.79% 27.70% 84.29%
1.19 2.00 3.78 2.01 5.39 5.96 2.49 1.17 3.26 6.27 3.08 0.49 3.70
EPS in Rs 0.86 1.45 2.73 1.45 3.90 4.31 1.80 0.85 2.36 4.53 2.23 0.35 2.67
Dividend Payout % 0.00% 0.00% 27.46% 41.31% 19.26% 17.42% 41.69% 70.97% 42.45% 27.59% 56.17% 564.90%
Compounded Sales Growth
10 Years: 9%
5 Years: 12%
3 Years: 14%
TTM: 66%
Compounded Profit Growth
10 Years: -2%
5 Years: -8%
3 Years: -21%
TTM: 139%
Stock Price CAGR
10 Years: 18%
5 Years: 29%
3 Years: 30%
1 Year: 44%
Return on Equity
10 Years: 6%
5 Years: 5%
3 Years: 5%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 13.84 13.84 13.84 13.84 13.84 13.84 13.84 13.84 13.84 13.84 13.84 13.84 13.84
Reserves 27.95 29.95 32.37 33.39 37.53 43.49 47.05 46.49 50.89 55.96 57.90 58.51 63.26
0.00 0.00 0.00 0.82 0.00 0.00 0.00 0.00 9.50 5.12 4.45 14.80 13.19
18.49 17.66 21.93 18.90 20.98 26.30 26.91 32.12 42.80 57.35 35.74 86.66 97.84
Total Liabilities 60.28 61.45 68.14 66.95 72.35 83.63 87.80 92.45 117.03 132.27 111.93 173.81 188.13
1.07 0.84 0.50 0.50 0.41 0.44 0.47 0.50 0.43 1.90 1.78 1.56 1.39
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 1.31 3.62 4.42 4.44 4.45 3.43 5.20 6.67 9.64 7.67 15.83 9.44 10.99
57.90 56.99 63.22 62.01 67.49 79.76 82.13 85.28 106.96 122.70 94.32 162.81 175.75
Total Assets 60.28 61.45 68.14 66.95 72.35 83.63 87.80 92.45 117.03 132.27 111.93 173.81 188.13

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-5.55 -0.22 3.94 -6.48 1.69 3.26 -2.62 0.54 21.60 9.56 -26.44 12.81
3.58 3.29 -2.41 4.62 7.96 -4.72 5.03 2.21 3.99 8.83 -2.69 16.79
-0.64 -0.46 -0.64 -1.05 -2.26 -1.50 -1.48 -1.53 -1.25 -2.09 -2.84 8.11
Net Cash Flow -2.61 2.61 0.88 -2.91 7.39 -2.96 0.93 1.22 24.34 16.30 -31.97 37.71

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 146.16 82.67 57.08 92.70 55.34 106.54 105.05 154.20 93.06 50.53 130.23 82.92
Inventory Days
Days Payable
Cash Conversion Cycle 146.16 82.67 57.08 92.70 55.34 106.54 105.05 154.20 93.06 50.53 130.23 82.92
Working Capital Days -208.63 -241.43 -232.95 -198.86 -242.09 -182.73 -122.76 -187.14 -297.18 -391.82 -164.99 -398.50
ROCE % 5.82% 7.73% 13.60% 7.62% 16.86% 13.71% 6.46% 3.33% 7.71% 12.18% 6.56% 13.21%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
63.71% 63.71% 63.71% 63.72% 63.72% 63.72% 63.72% 63.72% 63.68% 63.68% 63.68% 63.68%
36.29% 36.29% 36.29% 36.30% 36.30% 36.30% 36.29% 36.29% 36.32% 36.33% 36.32% 36.32%
No. of Shareholders 3,0062,8973,0023,0723,0903,0793,0143,6623,4443,7423,7693,862

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