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Jaysynth Dyestuff

₹173 15.6 | 9.9%

Market Cap ₹150 Cr.

Stock P/E 19.3

P/B 1.5

Current Price ₹173

Book Value ₹ 119.1

Face Value 1

52W High ₹174.8

Dividend Yield 0.14%

52W Low ₹ 58.3

Jaysynth Dyestuff Research see more...

Overview Inc. Year: 1985Industry: Dyes & Pigments

Jaysynth Dyestuff Share Price

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Jaysynth Dyestuff Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 37 43 41 40 33 32 35 34 42 40
Other Income 1 -0 1 1 1 -1 0 0 0 -0
Total Income 38 43 42 41 34 31 35 35 43 39
Total Expenditure 35 38 40 37 32 29 33 34 37 36
Operating Profit 2 4 3 3 2 2 2 1 6 4
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 1 0 0 1 1 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 4 2 3 1 1 2 1 5 3
Provision for Tax 1 1 1 1 0 0 1 0 1 1
Profit After Tax 1 3 1 2 1 1 1 0 4 2
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 3 1 2 1 1 1 0 4 2
Adjusted Earnings Per Share 1.5 3.2 1.3 2.5 0.9 0.8 1.4 0.5 4.6 2.5

Jaysynth Dyestuff Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 121 122 118 121 117 127 162 140 151
Other Income 2 2 1 2 1 1 2 1 0
Total Income 123 125 119 123 118 128 164 141 152
Total Expenditure 112 115 114 115 112 120 151 132 140
Operating Profit 11 9 5 8 6 8 13 9 13
Interest 0 0 0 0 0 0 0 0 0
Depreciation 2 2 2 2 2 2 2 2 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0
Profit Before Tax 9 7 3 5 3 6 10 7 11
Provision for Tax 3 2 1 1 1 2 3 2 3
Profit After Tax 6 5 2 4 3 5 7 5 7
Adjustments 0 0 0 0 0 0 0 0 0
Profit After Adjustments 7 5 2 4 3 5 7 5 7
Adjusted Earnings Per Share 7.8 5.8 2 4.6 3 5.2 8.2 5.6 9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -14% 6% 3% 0%
Operating Profit CAGR -31% 14% 12% 0%
PAT CAGR -29% 19% 20% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 195% 38% 28% 19%
ROE Average 5% 6% 5% 6%
ROCE Average 7% 9% 8% 8%

Jaysynth Dyestuff Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 69 72 75 78 81 84 91 97
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 3 3 3 2 3 2 3 2
Total Current Liabilities 40 23 28 20 24 31 27 29
Total Liabilities 111 98 105 101 107 118 122 129
Fixed Assets 18 17 17 16 15 12 12 15
Other Non-Current Assets 1 3 1 0 0 0 2 1
Total Current Assets 92 77 87 85 93 106 108 114
Total Assets 111 98 105 101 107 118 122 129

Jaysynth Dyestuff Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 8 8 9 6 15 8 15 8
Cash Flow from Operating Activities -2 2 -3 10 3 -1 1 21
Cash Flow from Investing Activities 3 -1 1 0 -10 4 -6 -11
Cash Flow from Financing Activities -0 -0 -0 -0 -1 4 -2 -4
Net Cash Inflow / Outflow 1 1 -3 10 -8 7 -6 6
Closing Cash & Cash Equivalent 8 9 6 15 8 15 8 14

Jaysynth Dyestuff Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 7.82 5.79 1.95 4.63 2.96 5.19 8.22 5.6
CEPS(Rs) 9.39 7.96 4.25 6.95 5.15 7.26 10.45 7.84
DPS(Rs) 0.3 0.3 0.15 0.15 0.15 0.2 0.3 0.25
Book NAV/Share(Rs) 78.97 82.44 86.08 90.12 93.05 97.12 105.23 111.7
Core EBITDA Margin(%) 6.8 5.23 3.33 5.06 4.32 5.9 6.79 5.94
EBIT Margin(%) 7.17 5.62 2.33 4.68 3.23 5.21 6.54 4.96
Pre Tax Margin(%) 6.99 5.45 2.15 4.4 2.89 4.94 6.34 4.77
PAT Margin (%) 5.01 3.94 1.42 3.32 2.2 3.55 4.4 3.48
Cash Profit Margin (%) 6.43 5.42 3.1 4.99 3.83 4.97 5.59 4.87
ROA(%) 5.71 4.81 1.67 3.9 2.46 4.01 5.96 3.88
ROE(%) 9.26 7.17 2.32 5.26 3.23 5.46 8.13 5.16
ROCE(%) 13.27 10.23 3.79 7.39 4.74 7.79 11.54 7.22
Receivable days 87.05 83.77 106.66 114.25 108.78 110.2 89.5 87.23
Inventory Days 77.65 75.34 74.54 71.61 85.16 92.78 91.13 124.27
Payable days 84.51 73.03 77.73 75.18 75.44 76.03 60.73 81.5
PER(x) 7.15 13.82 35.13 12.54 8.56 11.47 9.69 8.93
Price/Book(x) 0.71 0.97 0.8 0.64 0.27 0.61 0.76 0.45
Dividend Yield(%) 0.54 0.38 0.22 0.26 0.59 0.34 0.38 0.5
EV/Net Sales(x) 0.33 0.5 0.46 0.29 0.12 0.33 0.4 0.21
EV/Core EBITDA(x) 3.68 6.71 11.26 4.56 2.5 4.96 5.14 3.31
Net Sales Growth(%) 0 1.01 -3.38 2.56 -3.44 8.67 27.78 -13.72
EBIT Growth(%) 0 -21.22 -61.35 104.07 -33.28 75.31 60.25 -34.48
PAT Growth(%) 0 -20.86 -66.29 137.25 -36.15 75.65 58.36 -31.89
EPS Growth(%) 0 -25.99 -66.29 137.25 -36.15 75.64 58.35 -31.89
Debt/Equity(x) 0 0 0 0 0 0.05 0.04 0.01
Current Ratio(x) 2.29 3.34 3.16 4.21 3.85 3.46 3.97 3.88
Quick Ratio(x) 1.62 2.23 2.33 3 2.6 2.33 2.27 2.21
Interest Cover(x) 39.24 33.13 13.27 16.99 9.48 19 33.34 25.12
Total Debt/Mcap(x) 0 0 0 0 0.01 0.09 0.05 0.01

Jaysynth Dyestuff Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 74.75 74.75 74.75 74.75 74.75 74.75 74.75 74.75 74.75 74.75
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 25.24 25.24 25.24 25.24 25.24 25.24 25.24 25.24 25.24 25.24
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 6% over the last 3 years.
  • Debtor days have increased from 60.73 to 81.5days.

* 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.

Jaysynth Dyestuff News

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