Jet Freight Logistics Ltd
Jet Freight Logistics Limited provides logistics services such as freight forwarding services, along with custom clearance service majorly for perishable cargo through air, ocean and land transport. [1]
- Market Cap ₹ 66.2 Cr.
- Current Price ₹ 14.3
- High / Low ₹ 16.9 / 9.20
- Stock P/E
- Book Value ₹ 13.1
- Dividend Yield 0.00 %
- ROCE 4.63 %
- ROE -0.75 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 1.09 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 3.15% over past five years.
- Company has a low return on equity of 1.59% over last 3 years.
- Contingent liabilities of Rs.53.0 Cr.
- Promoters have pledged 26.2% of their holding.
- Earnings include an other income of Rs.2.54 Cr.
- Debtor days have increased from 46.7 to 62.7 days.
- Promoter holding has decreased over last 3 years: -18.4%
* 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: Logistics Industry: Transport - Airlines
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
252 | 344 | 304 | 352 | 461 | 426 | 401 | |
242 | 329 | 309 | 343 | 450 | 419 | 395 | |
Operating Profit | 11 | 14 | -5 | 9 | 11 | 8 | 6 |
OPM % | 4% | 4% | -2% | 3% | 2% | 2% | 2% |
0 | 0 | 1 | 1 | 1 | 1 | 3 | |
Interest | 3 | 4 | 5 | 4 | 4 | 5 | 6 |
Depreciation | 1 | 1 | 1 | 2 | 3 | 3 | 2 |
Profit before tax | 8 | 10 | -10 | 3 | 5 | 0 | 0 |
Tax % | 32% | 18% | 1% | 40% | 36% | 208% | -13% |
5 | 8 | -10 | 2 | 3 | -0 | 0 | |
EPS in Rs | 1.20 | 1.74 | -2.22 | 0.45 | 0.64 | -0.09 | 0.04 |
Dividend Payout % | 0% | 1% | 0% | 0% | 4% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 5% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -15% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 0% |
1 Year: | 27% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | 2% |
Last Year: | -1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 23 | 23 | |
Reserves | 18 | 8 | 12 | 15 | 41 | 38 | |
43 | 37 | 31 | 49 | 61 | 56 | ||
23 | 34 | 47 | 38 | 32 | 54 | ||
Total Liabilities | 96 | 91 | 101 | 114 | 157 | 170 | |
15 | 14 | 29 | 31 | 31 | 27 | ||
CWIP | 0 | 1 | 0 | 0 | 0 | 0 | |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | |
81 | 76 | 72 | 82 | 127 | 143 | ||
Total Assets | 96 | 91 | 101 | 114 | 157 | 170 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-1 | 13 | 10 | -11 | -37 | 15 | ||
-8 | -1 | -1 | -4 | -3 | -6 | ||
10 | -11 | -10 | 14 | 43 | -11 | ||
Net Cash Flow | 2 | 1 | -1 | -0 | 3 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 72 | 67 | 45 | 36 | 42 | 63 | |
Inventory Days | 0 | 0 | 0 | ||||
Days Payable | |||||||
Cash Conversion Cycle | 72 | 67 | 45 | 36 | 42 | 63 | |
Working Capital Days | 49 | 28 | 1 | 10 | 21 | 25 | |
ROCE % | -9% | 13% | 14% | 6% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
29 Jun - Mr. Ratan Singh, Vice President - Sales Sea Freight has tendered his resignation.
- Closure of Trading Window 26 Jun
-
Announcement under Regulation 30 (LODR)-Change in Management
5 Jun - Mr. Sameer Mistry, Executive Vice President - Technology and Business Excellence has tendered his resignation from the said post from the closure of business hours …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Newspaper advertisement for the financial results of Jet Freight Logistics Limited for the quarter and year ended March 31, 2024 published in The Free Press …
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual Secretarial Compliance Report under Regulation 24A of the SEBI (LODR) Regulations, 2015 of Jet Freight Logistics Limited, for the year ended March 31, 2024, …
Services
The company provides services such as Air Freight (Air Cargo Door-to-Door services), Ocean Freight, Domestic Logistics, Land Freight (Surface Parcel Delivery (SPD) Services), Warehousing (Third Party Warehousing), Chartering and Consolidation, Customs Clearance etc. [1]