Jindal Poly Investment & Finance Company Ltd

Jindal Poly Investment & Finance Company Ltd

₹ 1,017 -0.99%
22 Nov - close price
About

Incorporated in 2012, Jindal Poly Investment and Finance Company Ltd is in the business of investment and holding investment mainly in its group companies[1]

Key Points

Business Overview:[1]
a) Company is a Non Systematically Important Non Deposit Taking Non Banking Financial Corporation
b) Company runs its business as a Core Investment Company and for that purpose it plans to invest in, acquire, subscribe for and hold shares, bonds, units, stocks, securities, debentures in group Companies and/or mutual funds
c) Company is required to invest at least ~90% of its net assets in group companies, of which at least 60% should be in the form of equity investments
d) Investments outside the group can only be made in specified short term securities like money market instruments
e) Company depends on the dividends and capital appreciation from the equity it has invested into.
f) Company holds major investment in Power Sector

  • Market Cap 1,068 Cr.
  • Current Price 1,017
  • High / Low 1,135 / 598
  • Stock P/E 32.3
  • Book Value 636
  • Dividend Yield 0.00 %
  • ROCE 5.36 %
  • ROE 5.00 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 74.4% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.00 0.00 3.10 0.06 1.03 0.93 164.17 7.37 7.46 7.44 13.78 8.16 7.91
-0.01 0.08 3.50 13.63 0.06 0.08 0.10 0.10 0.08 0.11 0.13 0.08 0.11
Operating Profit 0.01 -0.08 -0.40 -13.57 0.97 0.85 164.07 7.27 7.38 7.33 13.65 8.08 7.80
OPM % -12.90% -22,616.67% 94.17% 91.40% 99.94% 98.64% 98.93% 98.52% 99.06% 99.02% 98.61%
28.58 0.62 30.98 0.84 0.83 0.83 234.24 0.00 0.00 0.01 0.08 0.00 0.00
Interest 0.00 0.00 0.06 0.54 0.55 0.55 0.48 0.37 0.37 0.37 0.37 0.37 0.37
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 28.59 0.54 30.52 -13.27 1.25 1.13 397.83 6.90 7.01 6.97 13.36 7.71 7.43
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.40% 8.99% 9.84% 9.47% 2.10% 9.86% 9.56%
28.59 0.54 30.52 -13.27 1.25 1.13 360.43 6.28 6.32 6.32 13.08 6.95 6.72
EPS in Rs 27.20 0.51 29.03 -12.62 1.19 1.07 342.88 5.97 6.01 6.01 12.44 6.61 6.39
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
25 8 0 0 0 0 0 0 0 3 153 36 37
0 0 1 1 1 2 2 77 0 4 0 0 0
Operating Profit 25 8 -0 -1 -0 -2 -2 -77 -0 -1 152 36 37
OPM % 100% 96% -54% -738% -833% -8,650% -22,600% -385,200% -210% -17% 100% 99% 99%
0 0 0 0 0 -158 -392 0 0 60 237 0 0
Interest 0 0 0 0 0 0 0 0 0 0 2 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 25 8 -0 -1 -0 -159 -394 -77 -0 60 387 34 35
Tax % 2% 5% 7% 5% -30% 0% 0% 0% 0% 0% 10% 7%
24 7 -0 -1 -0 -160 -394 -77 -0 60 350 32 33
EPS in Rs 7.02 -0.15 -0.60 -0.32 -151.82 -374.68 -73.30 -0.20 56.63 332.52 30.43 31.45
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 16%
5 Years: 415%
3 Years: 612%
TTM: -79%
Compounded Profit Growth
10 Years: 16%
5 Years: 74%
3 Years: 436%
TTM: -79%
Stock Price CAGR
10 Years: 25%
5 Years: 150%
3 Years: 34%
1 Year: 47%
Return on Equity
10 Years: 2%
5 Years: 8%
3 Years: 15%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.05 11 11 11 11 11 11 11 11 11 11 11 11
Reserves 640 637 637 636 636 483 89 12 24 108 613 645 658
0 0 0 0 0 0 0 0 0 40 27 27 27
4 0 0 0 0 0 0 0 0 0 38 42 44
Total Liabilities 644 648 647 647 646 493 100 23 34 158 688 724 740
0 0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 616 620 621 621 624 471 96 17 29 158 688 724 739
27 27 27 26 23 23 3 6 6 0 0 0 0
Total Assets 644 648 647 647 646 493 100 23 34 158 688 724 740

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-61 -3 -1 -1 3 -1 -1 -3 -0 2 0 -1
61 4 0 0 -3 1 1 3 0 -41 15 1
0 0 0 0 0 0 0 0 0 39 -15 -0
Net Cash Flow 0 1 -1 -0 -0 -0 -0 0 -0 -0 -0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 0 0 0 0 0 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0 0 0 0 0 0
Working Capital Days 303 1,027 23,840 103,842 117,591 352,042 -2,920 37,595 7,446 0 -1 -18
ROCE % 1% -0% -0% -0% -0% -1% -126% -1% -1% 38% 5%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63% 74.63%
0.01% 0.00% 0.00% 0.04% 0.06% 0.02% 0.02% 0.02% 0.05% 0.12% 0.10% 0.13%
0.00% 0.00% 0.00% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44%
25.36% 25.37% 25.37% 24.89% 24.86% 24.90% 24.91% 24.90% 24.87% 24.81% 24.83% 24.80%
No. of Shareholders 17,97818,55918,49218,32418,33618,04318,37818,62118,95518,58318,26018,382

* 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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