Jet Solar Ltd

Jet Solar Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Jet Solar Ltd

₹ 22.0 4.96%
24 Apr - close price
jetinfra.com BSE - SME: 538794
About

Incorporated in 2001, Jet Solar Limited is in the solar business[1]

Key Points

Business Overview:[1]
JSL focuses on residential projects in Maharashtra and Gujarat. Its operations cover all aspects of real estate development, from the identification and acquisition of land, planning, execution, and marketing of its projects, maintenance and management of its completed developments, etc. Company’s ongoing projects are at Hill Station in Dharampur, Valsad known
as Wilson Hills.

Website BSE
  • Market Cap ₹ 22.1 Cr.
  • Current Price ₹ 22.0
  • High / Low ₹ 46.0 / 12.2
  • Stock P/E 92.2
  • Book Value ₹ 14.8
  • Dividend Yield 0.00 %
  • ROCE 1.45 %
  • ROE 1.07 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 14.7%
  • Company has a low return on equity of 0.96% over last 3 years.
  • Company has high debtors of 751 days.
  • Promoter holding has decreased over last 3 years: -52.5%

* 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: Construction Industry: Construction

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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
0.04 0.39 0.00 0.15 0.16 0.15 0.02 0.43 0.17 0.19 0.67
0.55 0.61 0.32 0.39 0.26 0.39 0.32 0.24 0.23 0.28 0.49
Operating Profit -0.51 -0.22 -0.32 -0.24 -0.10 -0.24 -0.30 0.19 -0.06 -0.09 0.18
OPM % -1,275.00% -56.41% -160.00% -62.50% -160.00% -1,500.00% 44.19% -35.29% -47.37% 26.87%
0.46 0.01 0.16 0.20 0.15 0.20 0.08 0.10 0.08 0.17 0.10
Interest 0.10 0.07 0.09 0.08 0.04 0.08 0.00 0.00 0.00 0.03 0.00
Depreciation 0.01 0.01 0.01 0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.16 -0.29 -0.26 -0.13 0.01 -0.13 -0.22 0.29 0.02 0.05 0.28
Tax % 0.00% -10.34% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 25.00%
-0.15 -0.25 -0.26 -0.13 0.00 -0.13 -0.23 0.28 0.02 0.04 0.20
EPS in Rs -0.36 -0.60 -0.62 -0.31 0.00 -0.31 -0.55 0.67 0.05 0.10 0.31
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
0.00 8.56 8.44 6.91 2.53 2.33 2.75 0.44 0.15 0.36 0.46 0.35 0.86
-0.36 7.35 7.68 6.69 2.63 2.71 3.03 1.15 0.71 0.43 0.58 0.51 0.77
Operating Profit 0.36 1.21 0.76 0.22 -0.10 -0.38 -0.28 -0.71 -0.56 -0.07 -0.12 -0.16 0.09
OPM % 14.14% 9.00% 3.18% -3.95% -16.31% -10.18% -161.36% -373.33% -19.44% -26.09% -45.71% 10.47%
0.00 0.00 0.19 0.49 0.76 0.92 0.61 0.46 0.35 0.17 0.18 0.26 0.27
Interest 0.25 0.37 0.12 0.23 0.43 0.35 0.21 0.17 0.17 0.05 0.00 0.03 0.03
Depreciation 0.01 0.02 0.02 0.02 0.01 0.01 0.01 0.02 0.01 0.01 0.01 0.01 0.00
Profit before tax 0.10 0.82 0.81 0.46 0.22 0.18 0.11 -0.44 -0.39 0.04 0.05 0.06 0.33
Tax % 30.00% 31.71% 33.33% 32.61% 36.36% 33.33% 36.36% -6.82% 0.00% 0.00% 0.00% 0.00%
0.06 0.56 0.54 0.31 0.13 0.12 0.07 -0.41 -0.39 0.04 0.06 0.06 0.24
EPS in Rs 3.00 28.00 1.29 0.74 0.31 0.29 0.17 -0.98 -0.93 0.10 0.14 0.14 0.41
Dividend Payout % 8.33% 1.07% 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: -27%
5 Years: -34%
3 Years: 33%
TTM: 43%
Compounded Profit Growth
10 Years: -20%
5 Years: -3%
3 Years: 29%
TTM: -20%
Stock Price CAGR
10 Years: -4%
5 Years: -11%
3 Years: -10%
1 Year: 75%
Return on Equity
10 Years: 1%
5 Years: -2%
3 Years: 1%
Last Year: 1%

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 0.05 0.06 1.05 1.05 1.05 1.05 2.10 2.10 2.10 2.10 2.10 4.19 6.50
Reserves -0.11 0.59 4.63 4.93 5.06 5.18 4.20 3.80 3.41 3.45 3.50 1.47 3.12
4.89 5.12 1.05 3.78 3.29 1.97 1.84 1.64 1.80 0.38 0.69 0.44 0.35
7.17 3.45 3.83 0.81 1.31 0.56 0.68 0.57 0.66 0.79 1.16 1.12 1.30
Total Liabilities 12.00 9.22 10.56 10.57 10.71 8.76 8.82 8.11 7.97 6.72 7.45 7.22 11.27
0.19 0.17 0.16 0.14 0.14 0.13 0.13 0.12 0.10 0.10 0.09 0.08 0.08
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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.75
11.81 9.05 10.40 10.43 10.57 8.63 8.69 7.99 7.87 6.62 7.36 7.14 7.44
Total Assets 12.00 9.22 10.56 10.57 10.71 8.76 8.82 8.11 7.97 6.72 7.45 7.22 11.27

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
-0.12 -0.10 3.66 -0.93 1.45 0.05 -0.83 -0.85 -0.12 0.99 -0.33 -0.29
-0.02 0.23 -2.78 -0.52 -2.74 1.58 1.39 1.23 0.35 0.17 0.18 0.26
0.00 -0.13 -0.78 1.71 0.99 -1.66 -0.32 -0.37 0.00 -1.46 0.30 -0.27
Net Cash Flow -0.14 0.00 0.10 0.26 -0.31 -0.04 0.24 0.01 0.23 -0.31 0.16 -0.30

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 5.12 58.82 173.78 308.74 148.82 87.60 530.91 1,557.33 354.86 547.50 750.86
Inventory Days 481.73 455.55 165.00 16,881.25 13,200.83
Days Payable 31.24 94.28 101.67 1,368.75 608.33
Cash Conversion Cycle 455.61 420.08 237.12 308.74 148.82 87.60 530.91 17,069.83 354.86 547.50 13,343.36
Working Capital Days 236.23 187.69 375.56 1,320.06 1,251.65 1,020.67 5,873.18 16,157.33 5,647.36 4,594.24 6,163.29
ROCE % 11.71% 23.02% 14.88% 8.37% 6.78% 6.02% 3.92% -3.44% -2.96% 1.36% 0.82% 1.45%

Shareholding Pattern

Numbers in percentages

Jun 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Nov 2024Mar 2025
67.22% 67.22% 67.22% 67.22% 67.22% 67.22% 57.49% 48.14% 42.41% 22.72% 14.70% 14.70%
32.78% 32.78% 32.78% 32.78% 32.77% 32.78% 42.52% 51.87% 57.59% 77.27% 85.30% 85.30%
No. of Shareholders 737474747573167210239224250239

Documents

Announcements

Annual reports

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