Jainam Ferro Alloys (I) Ltd

Jainam Ferro Alloys (I) Ltd

₹ 151 -1.85%
21 Nov 3:43 p.m.
About

Incorporated in 2014, Jainam Ferro Alloys Ltd is in the business of manufacturing Ferro
Alloy Metals[1]

Key Points

Business Overview:[1][2]
JFAL is a manufacturer and exporter of niche value-added manganese alloys. It provides customised manganese alloys to steel companies in India and abroad. Company also does trading of manganese ore, used as a raw material in manufacturing Ferro alloys

  • Market Cap 159 Cr.
  • Current Price 151
  • High / Low 188 / 118
  • Stock P/E 17.9
  • Book Value 117
  • Dividend Yield 0.00 %
  • ROCE 9.68 %
  • ROE 6.28 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.7%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.4.91 Cr.
  • Debtor days have increased from 26.0 to 39.5 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.

Peer comparison

Sector: Ferro Alloys Industry: Mining / Minerals / Metals

Loading peers table ...

Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
35 66 90 110 165 90 99 90 114
34 62 69 93 138 88 93 91 102
Operating Profit 2 4 20 17 28 3 6 -0 12
OPM % 4% 6% 23% 16% 17% 3% 6% -0% 10%
1 0 1 1 1 2 3 3 2
Interest 0 1 1 0 0 1 1 1 1
Depreciation 0 0 0 0 0 0 1 1 2
Profit before tax 1 3 20 17 28 3 7 1 11
Tax % 29% 27% 25% 25% 28% 12% 25% 40% 23%
1 2 15 13 20 3 6 1 8
EPS in Rs 1.09 2.31 16.30 12.25 19.33 2.69 5.24 0.50 7.95
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
132 121 102 200 255 190 205
126 118 96 162 225 184 193
Operating Profit 5 3 5 38 30 6 12
OPM % 4% 3% 5% 19% 12% 3% 6%
1 1 1 2 3 5 5
Interest 1 2 1 1 1 2 2
Depreciation 1 1 1 1 1 1 3
Profit before tax 4 1 4 38 31 8 12
Tax % 29% 23% 27% 25% 26% 27%
3 1 3 28 23 6 9
EPS in Rs 3.12 0.93 3.40 26.54 22.01 5.75 8.45
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 8%
3 Years: 23%
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: 16%
3 Years: 24%
TTM: 7%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 21%
1 Year: 24%
Return on Equity
10 Years: %
5 Years: 24%
3 Years: 27%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 9 11 11 11 11
Reserves 10 10 15 52 77 95 113
5 6 3 1 0 10 0
16 14 26 41 25 27 36
Total Liabilities 40 39 52 105 112 142 159
2 2 3 3 5 5 18
CWIP 0 1 0 1 1 12 0
Investments 3 3 6 8 10 29 40
35 33 44 93 96 96 101
Total Assets 40 39 52 105 112 142 159

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
6 2 5 -2 -1 4
1 -1 -1 -1 0 -13
-7 -2 -4 6 -2 8
Net Cash Flow 0 -0 0 3 -2 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 13 21 23 16 22 39
Inventory Days 67 57 138 100 35 58
Days Payable 61 59 132 95 51 62
Cash Conversion Cycle 19 19 29 21 7 36
Working Capital Days 31 36 39 23 27 57
ROCE % 14% 22% 85% 43% 10%

Shareholding Pattern

Numbers in percentages

Oct 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
73.47% 73.47% 73.47% 73.47% 73.47% 73.47% 73.47%
26.53% 26.53% 26.53% 26.53% 26.53% 26.53% 26.53%
No. of Shareholders 777437451488534542503

Documents