Jindal Cotex Ltd
Incorporated in 1988, Jindal Cotex Ltd is engaged in manufacturing and sales of Textiles as well as generation and sale of energy from wind mill.
- Market Cap ₹ 11.2 Cr.
- Current Price ₹ 2.50
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 41.7
- Dividend Yield 0.00 %
- ROCE -0.09 %
- ROE -0.69 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.06 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -83.6% over past five years.
- Promoter holding is low: 21.1%
- Company has a low return on equity of -1.62% over last 3 years.
- Contingent liabilities of Rs.328 Cr.
- Company might be capitalizing the interest cost
- Promoters have pledged 93.9% of their holding.
- Company has high debtors of 59,17,015 days.
- Working capital days have increased from 21,03,642 days to 62,81,285 days
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
656.62 | 347.86 | 187.34 | 100.82 | 175.09 | 231.57 | 83.90 | 32.78 | 28.35 | 15.22 | 2.44 | 0.01 | |
609.63 | 340.26 | 244.32 | 113.37 | 176.45 | 239.87 | 80.16 | 33.23 | 28.02 | 17.90 | 2.20 | 2.14 | |
Operating Profit | 46.99 | 7.60 | -56.98 | -12.55 | -1.36 | -8.30 | 3.74 | -0.45 | 0.33 | -2.68 | 0.24 | -2.13 |
OPM % | 7.16% | 2.18% | -30.42% | -12.45% | -0.78% | -3.58% | 4.46% | -1.37% | 1.16% | -17.61% | 9.84% | -21,300.00% |
11.05 | 2.50 | 0.95 | 1.74 | 1.89 | 1.73 | 16.24 | 23.69 | 1.51 | 110.62 | 12.18 | 5.14 | |
Interest | 40.86 | 47.85 | 58.68 | 61.94 | 0.70 | 1.77 | 0.83 | 0.91 | 0.83 | 0.90 | 1.40 | 1.07 |
Depreciation | 17.12 | 12.13 | 19.47 | 20.09 | 19.52 | 19.94 | 6.21 | 6.12 | 6.03 | 5.46 | 0.01 | 0.01 |
Profit before tax | 0.06 | -49.88 | -134.18 | -92.84 | -19.69 | -28.28 | 12.94 | 16.21 | -5.02 | 101.58 | 11.01 | 1.93 |
Tax % | 0.00% | 0.10% | 0.00% | -0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
0.06 | -49.92 | -134.17 | -92.82 | -19.68 | -28.28 | 12.94 | 16.20 | -5.02 | 101.58 | 11.00 | 1.93 | |
EPS in Rs | 0.01 | -11.09 | -29.81 | -20.63 | -3.91 | -4.93 | 2.88 | 3.60 | -1.12 | 22.57 | 2.44 | 0.43 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -65% |
5 Years: | -84% |
3 Years: | -93% |
TTM: | -100% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 5% |
3 Years: | 20% |
TTM: | -300% |
Stock Price CAGR | |
---|---|
10 Years: | -18% |
5 Years: | 0% |
3 Years: | -4% |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | -2% |
Last Year: | -1% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 |
Reserves | 259.97 | 236.11 | 59.88 | -32.94 | -48.96 | -71.80 | 17.04 | 33.01 | 27.99 | 129.57 | 140.59 | 142.52 |
414.93 | 462.62 | 541.65 | 599.15 | 611.39 | 605.84 | 240.91 | 215.98 | 212.52 | 54.11 | 45.29 | 44.68 | |
244.93 | 84.17 | 49.45 | 54.15 | 51.57 | 65.50 | 16.09 | 10.24 | 10.80 | 17.48 | 5.71 | 3.57 | |
Total Liabilities | 964.83 | 827.90 | 695.98 | 665.36 | 659.00 | 644.54 | 319.04 | 304.23 | 296.31 | 246.16 | 236.59 | 235.77 |
231.28 | 233.24 | 266.80 | 253.52 | 234.81 | 217.49 | 66.19 | 59.63 | 53.61 | 4.68 | 2.13 | 2.11 | |
CWIP | 181.81 | 199.96 | 89.18 | 82.27 | 81.93 | 46.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.02 | 0.02 | 0.20 | 0.20 | 0.20 | 0.20 | 1.11 | 1.11 | 1.11 | 1.11 | 1.12 | 1.12 |
551.72 | 394.68 | 339.80 | 329.37 | 342.06 | 380.18 | 251.74 | 243.49 | 241.59 | 240.37 | 233.34 | 232.54 | |
Total Assets | 964.83 | 827.90 | 695.98 | 665.36 | 659.00 | 644.54 | 319.04 | 304.23 | 296.31 | 246.16 | 236.59 | 235.77 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4.08 | 44.64 | -78.66 | -50.44 | 2.00 | 6.30 | 93.04 | 24.22 | 3.46 | 113.17 | 5.59 | -0.05 | |
-16.79 | -32.29 | -5.54 | 1.03 | 0.89 | -3.21 | 274.21 | 1.68 | 1.68 | 45.19 | 4.38 | 1.92 | |
28.52 | 0.59 | 72.67 | 46.43 | -5.49 | -2.92 | -373.98 | -25.84 | -4.29 | -159.31 | -10.03 | -1.77 | |
Net Cash Flow | 7.65 | 12.94 | -11.53 | -2.98 | -2.59 | 0.16 | -6.73 | 0.07 | 0.85 | -0.96 | -0.06 | 0.10 |
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 | 249.27 | 330.32 | 537.04 | 956.27 | 569.13 | 439.30 | 761.41 | 1,880.01 | 2,165.02 | 4,005.41 | 24,459.49 | 5,917,015.00 |
Inventory Days | 27.84 | 28.00 | 32.24 | 77.37 | 45.71 | 28.14 | 12.15 | 19.01 | 28.45 | 5.91 | 116.14 | |
Days Payable | 146.19 | 44.32 | 62.40 | 146.69 | 110.79 | 127.24 | 70.32 | 135.14 | 185.24 | 313.52 | 3,135.68 | |
Cash Conversion Cycle | 130.91 | 314.01 | 506.87 | 886.95 | 504.04 | 340.21 | 703.24 | 1,763.88 | 2,008.23 | 3,697.79 | 21,439.94 | 5,917,015.00 |
Working Capital Days | 140.23 | 246.08 | 530.61 | 939.98 | 541.42 | 438.36 | 754.10 | 1,998.70 | 2,271.75 | 4,018.60 | 25,621.80 | 6,281,285.00 |
ROCE % | 6.01% | -0.28% | -10.79% | -4.90% | -3.10% | -4.32% | -0.23% | -1.68% | -1.38% | -2.49% | 0.89% | -0.09% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
6 Jul - Board of the Company at their meeting held today i.e., Saturday, 06th July, 2024 based on the recommendation of the Nomination & Remuneration Committee and …
- Board Meeting Outcome for Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015 6 Jul
- Closure of Trading Window 27 Jun
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Compliance Under Regulation 23(9) Of SEBI (LODR) Regulations, 2015
30 May - Disclosure of Related Party Transactions on consolidated basis, in the format specified in the accounting standards for the half year ended 31.03.2024.
- Disclosure Under Regulation 30 & 33 Of The SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015 Re: Submission Of Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended 31St March, 2024 30 May
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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Product Portfolio:[1]
Company processes Cotton (for Surgical usage) and polyester fiber from Yarn to sewing threads, Yarn to fabrics, Dyeing / finishing,
and then offers the same to its garment manufacturing buyers.
Company's product range includes –
a) 100% Cotton circular knitted Bleached White – silicon treated / Bio washed (both Optional), finished ready Cuttable fabrics
b) 100% Polyester semi Dull Spun yarns manufactured from Virgin fiber (count range Ne 20s – 40s)
c) Singles / multi-folds
d) End uses knitting and weaving
e) 100% Polyester Spun Sewing threads Bright SHT–RT (super high tenacity–reverse twist) counts
f) Optical White polyester yarns / sewing threads (on Order basis)