Jay Bee Laminations Ltd
Incorporated in 1988, Jay Bee Laminations Ltd manufactures CRGO silicon Electrical steel stamping/parts of transformers[1]
- Market Cap ₹ 812 Cr.
- Current Price ₹ 360
- High / Low ₹ 411 / 225
- Stock P/E 42.0
- Book Value ₹ 60.6
- Dividend Yield 0.00 %
- ROCE 39.6 %
- ROE 36.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 80.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Steel Industry: Steel - Medium / Small
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 187 | 132 | 75 | 141 | 246 | 303 | |
| 180 | 127 | 73 | 129 | 223 | 270 | |
| Operating Profit | 8 | 5 | 2 | 13 | 23 | 33 |
| OPM % | 4% | 4% | 3% | 9% | 10% | 11% |
| 1 | 1 | 0 | 0 | 1 | 1 | |
| Interest | 6 | 4 | 3 | 4 | 5 | 6 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 0 | -1 | 8 | 18 | 26 |
| Tax % | 30% | 33% | 2% | 23% | 25% | 26% |
| 1 | 0 | -1 | 6 | 14 | 19 | |
| EPS in Rs | 34.00 | 2.00 | -42.67 | 193.00 | 453.33 | 10.75 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 59% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 80% |
| 3 Years: | 158% |
| TTM: | 41% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 33% |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 18 | 23 |
| Reserves | 23 | 23 | 22 | 28 | 40 | 45 | 114 |
| 27 | 21 | 27 | 27 | 31 | 24 | 25 | |
| 31 | 25 | 4 | 39 | 34 | 44 | 63 | |
| Total Liabilities | 84 | 73 | 56 | 97 | 109 | 131 | 225 |
| 7 | 10 | 10 | 9 | 6 | 5 | 6 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 3 | 12 |
| Investments | 0 | 0 | 0 | 0 | 4 | 4 | 7 |
| 77 | 62 | 46 | 88 | 100 | 119 | 200 | |
| Total Assets | 84 | 73 | 56 | 97 | 109 | 131 | 225 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 11 | -1 | 3 | 5 | 16 | ||
| -5 | -3 | 0 | -1 | -5 | ||
| -9 | 4 | -3 | -1 | -13 | ||
| Net Cash Flow | -2 | -0 | -0 | 4 | -3 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 86 | 92 | 115 | 71 | 77 | 65 |
| Inventory Days | 47 | 65 | 99 | 157 | 61 | 65 |
| Days Payable | 62 | 75 | 12 | 114 | 52 | 58 |
| Cash Conversion Cycle | 70 | 82 | 201 | 114 | 85 | 72 |
| Working Capital Days | 83 | 101 | 203 | 124 | 85 | 82 |
| ROCE % | 9% | 3% | 22% | 35% | 40% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
9 November 2024 - Jay Bee Laminations Limited has informed about Outcome of the analyst/institutional investor meet
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Updates
7 November 2024 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Price movement
6 November 2024 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
-
Analysts/Institutional Investor Meet/Con. Call Updates
6 November 2024 - Jay Bee Laminations Limited has informed about Outcome of the analyst/institutional investor meet
-
Analysts/Institutional Investor Meet/Con. Call Updates
6 November 2024 - Jay Bee Laminations Limited has informed about Schedule of meet
Annual reports
Concalls
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Oct 2024Transcript PPT REC
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Sep 2024TranscriptNotesPPT
Business Overview:[1]
JBLL is a manufacturer specializing in cold-rolled grain-oriented (CRGO) silicon steel cores, producing cut laminations, slit coils, and assembled cores. These components are primarily for the power and distribution transformer industry, currently catering to transformers up to 220 kV. It aims to expand into the high-voltage segment, targeting power transformers in the 400 kV and 765 kV range by the second half of FY2025.