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 ₹ 56.7 Cr.
- Current Price ₹ 12.2
- High / Low ₹ 24.9 / 10.4
- Stock P/E 9.34
- Book Value ₹ 13.5
- Dividend Yield 0.00 %
- ROCE 4.64 %
- ROE -0.75 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.90 times its book value
Cons
- 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.53.4 Cr.
- Debtor days have increased from 46.7 to 62.7 days.
- Promoter holding has decreased over last 3 years: -19.2%
* 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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 252 | 344 | 304 | 352 | 461 | 426 | 401 | 428 | |
| 242 | 329 | 309 | 343 | 450 | 419 | 395 | 413 | |
| Operating Profit | 11 | 14 | -5 | 9 | 11 | 8 | 6 | 15 |
| OPM % | 4% | 4% | -2% | 3% | 2% | 2% | 2% | 3% |
| 0 | 0 | 1 | 1 | 1 | 1 | 3 | 3 | |
| Interest | 3 | 4 | 5 | 4 | 4 | 5 | 6 | 7 |
| Depreciation | 1 | 1 | 1 | 2 | 3 | 3 | 2 | 2 |
| Profit before tax | 8 | 10 | -10 | 3 | 5 | 0 | 0 | 8 |
| Tax % | 32% | 18% | -1% | 40% | 36% | 208% | -13% | |
| 5 | 8 | -10 | 2 | 3 | -0 | 0 | 6 | |
| EPS in Rs | 1.20 | 1.74 | -2.22 | 0.45 | 0.64 | -0.09 | 0.04 | 1.32 |
| Dividend Payout % | 0% | 1% | 0% | 0% | 4% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 5% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 419% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | -29% |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | 2% |
| Last Year: | -1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 23 | 23 | 23 |
| Reserves | 18 | 8 | 12 | 15 | 41 | 38 | 39 |
| 43 | 37 | 31 | 49 | 61 | 56 | 60 | |
| 23 | 34 | 47 | 38 | 32 | 54 | 32 | |
| Total Liabilities | 96 | 91 | 101 | 114 | 157 | 170 | 155 |
| 15 | 14 | 29 | 31 | 31 | 27 | 27 | |
| CWIP | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 81 | 76 | 72 | 82 | 127 | 143 | 128 | |
| Total Assets | 96 | 91 | 101 | 114 | 157 | 170 | 155 |
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 | |||||
| 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% | 5% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Credit Rating
14 Apr - India Ratings assigns ratings and revises outlook to Stable.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Apr - Certificate under Regulation 74(5) for Q1 2025.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
10 Apr - Company confirms it does not qualify as Large Corporate.
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Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
9 Apr - Undertaking for Annual Disclosure for Large Corporate.
-
Update On Share Warrant
3 Apr - Company decides not to allot share warrants.
** Business Overview:**[1]
Jet Freight Logistics Limited (JFLL) is an integrated logistics company offering end-to-end solutions across air, ocean, rail, and surface transportation. Its services span courier services, customs clearance, warehousing, etc. JFLL handles specialized logistics such as perishables, time-sensitive shipments, and hazardous cargo, serving over 150 countries daily with a capacity of 200+ tonnes of aircargo.