JITF Infra Logistics Ltd

JITF Infra Logistics Ltd

₹ 366 1.99%
17 Apr - close price
About

JITF Infra Logistics Ltd, along with its subsidiaries is in the business of development of urban infrastructure, water infrastructure, management of municipal solid waste and generation of energy from Municipal solid waste. It is also engaged in manufacturing of railway freight wagons.[1]

Key Points

Part of Jindal Group
The company is part of the O.P. Jindal Group, a global conglomerate with diverse business interests including mining, power, industrial gases, seaport facilities, and steel manufacturing. The group's flagship companies include JSW Steel, Jindal Steel & Power, JSL Stainless, and Jindal Saw Ltd. [1]

  • Market Cap 941 Cr.
  • Current Price 366
  • High / Low 1,215 / 333
  • Stock P/E 338
  • Book Value -179
  • Dividend Yield 0.00 %
  • ROCE 16.0 %
  • ROE %
  • Face Value 2.00

Pros

  • Debtor days have improved from 105 to 76.8 days.
  • Company's working capital requirements have reduced from 109 days to 86.0 days

Cons

  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.2,985 Cr.
  • Earnings include an other income of Rs.253 Cr.

* 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: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
395.76 404.53 250.08 270.45 435.09 634.66 668.10 720.06 618.73 875.27 464.98 480.59 531.71
350.05 354.13 201.61 215.09 371.90 542.25 568.48 605.09 504.33 779.47 363.16 407.89 431.11
Operating Profit 45.71 50.40 48.47 55.36 63.19 92.41 99.62 114.97 114.40 95.80 101.82 72.70 100.60
OPM % 11.55% 12.46% 19.38% 20.47% 14.52% 14.56% 14.91% 15.97% 18.49% 10.95% 21.90% 15.13% 18.92%
3.42 1.84 2.07 2.42 1.89 7.55 6.32 15.83 26.69 52.77 31.27 149.92 18.81
Interest 59.37 68.00 74.73 75.53 78.00 84.29 76.79 73.74 74.98 81.92 80.73 84.81 86.74
Depreciation 9.62 11.17 13.24 13.28 13.20 18.27 21.25 15.68 22.16 19.56 17.71 17.95 20.76
Profit before tax -19.86 -26.93 -37.43 -31.03 -26.12 -2.60 7.90 41.38 43.95 47.09 34.65 119.86 11.91
Tax % 7.65% 8.73% -3.85% 6.70% 9.23% 265.00% 172.78% 39.56% 30.35% 13.04% 33.30% 5.46% 63.31%
-21.39 -29.28 -36.00 -33.11 -28.54 -9.48 -5.74 25.02 30.60 40.95 23.12 113.30 4.37
EPS in Rs -9.60 -12.89 -15.16 -13.50 -13.20 -7.81 -5.81 1.60 5.31 12.67 3.75 31.23 -3.10
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
443 543 400 581 844 928 1,234 1,589 3,284 2,353
469 547 435 516 753 839 1,082 1,327 2,805 1,982
Operating Profit -27 -4 -35 65 91 89 152 262 479 371
OPM % -6% -1% -9% 11% 11% 10% 12% 16% 15% 16%
4 6 13 5 7 8 7 11 71 253
Interest 97 119 134 165 200 216 253 313 317 334
Depreciation 20 26 33 23 23 23 33 58 83 76
Profit before tax -140 -143 -189 -118 -126 -141 -127 -97 150 214
Tax % -18% -21% -17% -4% 8% -4% 1% 10% 39%
-114 -113 -157 -114 -136 -135 -129 -107 91 182
EPS in Rs -4,440.00 -43.13 -61.00 -43.01 -52.89 -58.64 -55.96 -49.67 13.78 44.55
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 41%
3 Years: 52%
TTM: -11%
Compounded Profit Growth
10 Years: %
5 Years: 18%
3 Years: 31%
TTM: 133%
Stock Price CAGR
10 Years: %
5 Years: 136%
3 Years: 44%
1 Year: -44%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.00 5 5 5 5 5 5 5 5 5
Reserves 10 -101 -265 -374 -477 -629 -771 -896 -561 -466
858 1,144 1,341 1,813 2,010 2,424 2,931 3,302 3,772 3,483
349 237 188 301 444 442 586 940 1,049 1,015
Total Liabilities 1,217 1,285 1,269 1,744 1,983 2,243 2,751 3,350 4,265 4,037
644 634 622 614 603 593 1,235 1,606 1,551 1,812
CWIP 33 35 49 316 459 636 306 79 414 7
Investments 11 11 11 12 13 11 13 19 22 3
529 604 588 802 907 1,003 1,196 1,646 2,278 2,214
Total Assets 1,217 1,285 1,269 1,744 1,983 2,243 2,751 3,350 4,265 4,037

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-163 4 -52 73 21 84 190 246
-9 -55 -261 -95 -185 -328 -206 -401
167 52 324 -0 198 257 61 241
Net Cash Flow -4 2 11 -23 35 13 46 86

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 146 129 140 130 104 105 102 136 77
Inventory Days 179 116 120 164 72 67 56 80 42
Days Payable 280 110 133 204 181 140 105 151 83
Cash Conversion Cycle 45 135 127 90 -5 33 53 65 36
Working Capital Days 26 64 127 164 129 149 129 113 86
ROCE % -3% -5% 4% 5% 4% 6% 9% 16%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
63.02% 63.02% 63.02% 63.03% 63.03% 63.03% 63.03% 63.03% 63.03% 63.03% 63.03% 63.03%
4.49% 4.31% 4.31% 4.31% 4.31% 4.31% 2.42% 2.42% 2.51% 1.81% 2.23% 1.98%
0.06% 0.06% 0.07% 0.07% 0.07% 0.07% 0.05% 0.05% 0.09% 0.62% 0.51% 0.04%
32.42% 32.61% 32.60% 32.60% 32.60% 32.61% 34.51% 34.51% 34.39% 34.54% 34.25% 34.97%
No. of Shareholders 32,68732,16631,07930,45729,97028,24027,85227,45627,35627,38827,86731,175

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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