Market Cap ₹156 Cr.
Stock P/E 0.0
P/B 1.8
Current Price ₹147.4
Book Value ₹ 82.5
Face Value 10
52W High ₹188
Dividend Yield 0%
52W Low ₹ 102
Jainam Ferro Alloys (I) Limited is a company that manufactures and exports niche value-added manganese alloys, which are used by steel companies to enhance their strength, ductility, and corrosion resistance. The company was incorporated in 2014 and has emerged as a reputed provider of customized manganese alloys to large and growing steel companies across the world. They have a sophisticated, modern, and eco-friendly plant with a capacity of 36,000 metric tons per annum. The company also has a captive power plant of 12 MW. The company’s products include ferro manganese and silicon manganese, which are sold under the brand name of Jainam. The promoters of the company are Mr. Archit Parakh and Mr. Aditya Parakh, who together hold 83.28% of the share capital as of December 2023. The promoters belong to a reputed business family with a long history of trading and manufacturing of ferro alloys and other metals.
Price goes above X
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₹ | |
| #(Fig in Cr.) |
|---|
| Net Sales |
| Other Income |
| Total Income |
| Total Expenditure |
| Operating Profit |
| Interest |
| Depreciation |
| Exceptional Income / Expenses |
| Profit Before Tax |
| Provision for Tax |
| Profit After Tax |
| Adjustments |
| Profit After Adjustments |
| Adjusted Earnings Per Share |
| #(Fig in Cr.) | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|
| Net Sales | 132 | 121 | 102 | 200 | 255 | |
| Other Income | 1 | 1 | 1 | 2 | 3 | |
| Total Income | 132 | 122 | 103 | 202 | 259 | |
| Total Expenditure | 126 | 118 | 96 | 162 | 225 | |
| Operating Profit | 6 | 4 | 6 | 39 | 33 | |
| Interest | 1 | 2 | 1 | 1 | 1 | |
| Depreciation | 1 | 1 | 1 | 1 | 1 | |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | |
| Profit Before Tax | 4 | 1 | 4 | 38 | 31 | |
| Provision for Tax | 1 | 0 | 1 | 9 | 8 | |
| Profit After Tax | 3 | 1 | 3 | 28 | 23 | |
| Adjustments | 0 | 0 | 0 | 0 | 0 | |
| Profit After Adjustments | 3 | 1 | 3 | 28 | 23 | |
| Adjusted Earnings Per Share | 0 | 0 | 3.4 | 26.5 | 22 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 28% | 28% | 0% | 0% |
| Operating Profit CAGR | -15% | 102% | 0% | 0% |
| PAT CAGR | -18% | 184% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 7% | NA% | NA% | NA% |
| ROE Average | 31% | 37% | 26% | 26% |
| ROCE Average | 43% | 50% | 37% | 37% |
| #(Fig in Cr.) | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Shareholder's Funds | 19 | 19 | 24 | 63 | 87 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 5 | 4 | 3 | 1 | 0 |
| Other Non-Current Liabilities | -0 | -0 | 0 | 0 | 0 |
| Total Current Liabilities | 16 | 15 | 27 | 50 | 32 |
| Total Liabilities | 40 | 39 | 53 | 114 | 120 |
| Fixed Assets | 2 | 2 | 2 | 3 | 5 |
| Other Non-Current Assets | 4 | 5 | 8 | 13 | 15 |
| Total Current Assets | 34 | 32 | 44 | 97 | 100 |
| Total Assets | 40 | 39 | 53 | 114 | 120 |
| #(Fig in Cr.) | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 1 | 1 | 1 | 3 |
| Cash Flow from Operating Activities | 6 | 2 | 5 | -2 | -1 |
| Cash Flow from Investing Activities | 1 | -1 | -1 | -1 | 0 |
| Cash Flow from Financing Activities | -7 | -2 | -4 | 6 | -2 |
| Net Cash Inflow / Outflow | 0 | -0 | 0 | 3 | -2 |
| Closing Cash & Cash Equivalent | 1 | 1 | 1 | 3 | 1 |
| # | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0 | 0 | 3.41 | 26.54 | 22.01 |
| CEPS(Rs) | 3.97 | 1.61 | 4 | 27.11 | 22.76 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 0 | 0 | 25.81 | 59.28 | 82.46 |
| Core EBITDA Margin(%) | 4.13 | 2.61 | 4.29 | 15.72 | 10.05 |
| EBIT Margin(%) | 4.13 | 2.83 | 4.74 | 16.12 | 10.85 |
| Pre Tax Margin(%) | 3.07 | 0.93 | 3.56 | 15.69 | 10.47 |
| PAT Margin (%) | 2.19 | 0.71 | 2.59 | 11.72 | 7.75 |
| Cash Profit Margin (%) | 2.8 | 1.23 | 3.04 | 11.97 | 8.02 |
| ROA(%) | 7.22 | 2.2 | 6.84 | 33.48 | 19.87 |
| ROE(%) | 14.9 | 4.5 | 14.69 | 64.79 | 31.06 |
| ROCE(%) | 22.14 | 13.96 | 22.47 | 85.49 | 43.23 |
| Receivable days | 13.03 | 17.75 | 20.14 | 11.61 | 14.84 |
| Inventory Days | 40.42 | 39.27 | 49.3 | 39.29 | 28.09 |
| Payable days | 59.68 | 60.76 | 104.59 | 81.02 | 56.8 |
| PER(x) | 0 | 0 | 0 | 5.66 | 6.27 |
| Price/Book(x) | 0 | 0 | 0 | 2.53 | 1.67 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.05 | 0.08 | 0.06 | 0.63 | 0.38 |
| EV/Core EBITDA(x) | 1.08 | 2.39 | 0.88 | 3.2 | 2.9 |
| Net Sales Growth(%) | 0 | -7.71 | -16.4 | 97.05 | 27.67 |
| EBIT Growth(%) | 0 | -36.79 | 68.02 | 567.16 | -15.57 |
| PAT Growth(%) | 0 | -70.06 | 264.92 | 788.75 | -17.05 |
| EPS Growth(%) | 0 | 0 | 264.92 | 679.18 | -17.05 |
| Debt/Equity(x) | 0.27 | 0.3 | 0.12 | 0.01 | 0 |
| Current Ratio(x) | 2.21 | 2.04 | 1.65 | 1.93 | 3.09 |
| Quick Ratio(x) | 1.27 | 1.29 | 0.85 | 1.33 | 2.6 |
| Interest Cover(x) | 3.9 | 1.49 | 4.02 | 37.54 | 28.25 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0.01 | 0 |
| # | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Promoter | 73.47 | 73.47 | 73.47 | 73.47 | 73.47 |
| FII | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 |
| Public | 26.53 | 26.53 | 26.53 | 26.53 | 26.53 |
| Others | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 |
| # | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Promoter | 0.78 | 0.78 | 0.78 | 0.78 | 0.78 |
| FII | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 |
| Public | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 |
| Others | 0 | 0 | 0 | 0 | 0 |
| Total | 1.06 | 1.06 | 1.06 | 1.06 | 1.06 |
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