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John Cockerill India

₹3870 70.2 | 1.8%

Market Cap ₹1911 Cr.

Stock P/E 75.7

P/B 8.9

Current Price ₹3870

Book Value ₹ 435.4

Face Value 10

52W High ₹3950

Dividend Yield 0.18%

52W Low ₹ 1891

John Cockerill India Research see more...

Overview Inc. Year: 1986Industry: Engineering - Industrial Equipments

John Cockerill India Ltd, formerly CMI FPE Ltd is an pri,arily India-based manufacturer of cold rolling and processing gadget. The most important activities of the Company include customized manufacturing and installation of cold rolling generators, galvanizing lines, coloration coating lines, tension levelling lines, pores and skin pass mills, acid regeneration plants, wet flux line and pickling lines for ferrous and non-ferrous industries global. The Company’s operating segment is Original system producer and venture management.

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John Cockerill India Share Price

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John Cockerill India Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 130 63 37 43 211 193 221 192 254 147
Other Income 1 4 4 4 5 4 1 3 3 2
Total Income 131 67 42 46 216 197 222 195 256 149
Total Expenditure 124 63 45 47 203 182 214 185 241 142
Operating Profit 7 4 -3 -1 12 15 8 9 15 7
Interest 0 5 1 1 0 -0 1 0 1 0
Depreciation 1 1 1 1 1 2 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 6 -2 -5 -3 11 13 6 7 13 5
Provision for Tax 0 -0 0 0 -0 3 1 0 3 1
Profit After Tax 6 -2 -5 -3 11 10 4 7 10 4
Adjustments 0 0 0 0 -0 0 0 0 0 -0
Profit After Adjustments 6 -2 -5 -3 11 10 4 7 10 4
Adjusted Earnings Per Share 12 -5 -10.8 -6 23.1 19.8 8.8 14.1 20.9 7.3

John Cockerill India Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Dec 2023 TTM
Net Sales 443 219 205 154 305 496 372 198 383 484 667 814
Other Income 19 24 37 17 22 24 17 3 6 19 7 9
Total Income 462 244 242 171 327 520 389 201 389 503 674 822
Total Expenditure 473 230 229 157 307 467 351 226 373 479 642 782
Operating Profit -11 13 13 13 20 53 38 -25 16 23 32 39
Interest 7 4 2 1 1 0 3 0 7 2 2 2
Depreciation 8 7 6 5 6 6 6 5 5 5 4 4
Exceptional Income / Expenses 0 6 14 0 0 0 0 0 0 0 0 0
Profit Before Tax -26 8 20 7 13 47 29 -30 4 16 26 31
Provision for Tax -4 -2 6 2 7 12 5 -1 -0 3 4 5
Profit After Tax -22 9 13 5 7 35 24 -29 5 13 22 25
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -22 9 13 5 7 35 24 -29 5 13 22 25
Adjusted Earnings Per Share -45.2 19.2 26.6 10.2 13.6 71.1 48.1 -58.9 9.4 26.1 43.8 51.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 38% 50% 6% 4%
Operating Profit CAGR 39% 0% -10% 0%
PAT CAGR 69% 0% -9% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 71% 60% 28% 23%
ROE Average 11% 7% 3% 4%
ROCE Average 14% 10% 6% 8%

John Cockerill India Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Dec 2023
Shareholder's Funds 128 139 151 152 158 191 207 175 180 192 211
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 17 12 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 7 4 11 -0 43 18 10 9 10 16 40
Total Current Liabilities 238 189 118 124 214 379 233 274 150 643 576
Total Liabilities 391 343 280 275 414 588 451 458 340 851 828
Fixed Assets 61 71 68 63 60 60 58 54 51 50 53
Other Non-Current Assets 22 19 15 18 20 32 50 18 50 41 124
Total Current Assets 308 254 197 194 334 496 343 387 240 760 650
Total Assets 391 343 280 275 414 588 451 458 340 851 828

John Cockerill India Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Dec 2023
Opening Cash & Cash Equivalents 7 3 19 1 62 122 108 44 22 29 92
Cash Flow from Operating Activities 36 31 -10 60 90 -38 -58 -21 26 71 17
Cash Flow from Investing Activities -1 -3 19 2 -30 26 -0 2 -19 -7 10
Cash Flow from Financing Activities -39 -11 -27 -0 -0 -2 -6 -3 -0 -1 -3
Net Cash Inflow / Outflow -4 17 -18 61 60 -14 -64 -22 7 62 24
Closing Cash & Cash Equivalent 3 19 1 62 122 108 44 22 29 92 116

John Cockerill India Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Dec 2023
Earnings Per Share (Rs) -45.19 19.18 26.58 10.17 13.61 71.08 48.09 -58.86 9.4 26.1 43.82
CEPS(Rs) -28.21 32.35 38.31 20.67 25.6 82.78 59.56 -48.66 18.84 36.52 51.62
DPS(Rs) 0 0 0 0 4 10 5 0 2 5 7
Book NAV/Share(Rs) 259.82 280.5 305.2 307.73 319.51 386.71 419.98 354.93 365.13 389.55 428.11
Core EBITDA Margin(%) -6.56 -4.86 -11.11 -2.22 -0.47 5.91 5.52 -14.2 2.48 0.9 3.76
EBIT Margin(%) -4.2 5.35 10.36 5.15 4.59 9.5 8.61 -15.16 2.95 3.74 4.26
Pre Tax Margin(%) -5.65 3.47 9.24 4.5 4.3 9.48 7.78 -15.25 1.16 3.34 3.91
PAT Margin (%) -4.85 4.14 6.19 3.18 2.18 7.07 6.39 -14.67 1.21 2.66 3.25
Cash Profit Margin (%) -3.03 6.99 8.92 6.47 4.1 8.24 7.92 -12.13 2.43 3.73 3.82
ROA(%) -4.82 2.58 4.21 1.81 1.95 7 4.57 -6.4 1.16 2.16 2.58
ROE(%) -16 7.1 9.08 3.32 4.34 20.13 11.92 -15.19 2.61 6.92 10.72
ROCE(%) -10.14 7.5 13.97 5.37 9.15 27.03 16.07 -15.69 6.34 9.72 14.07
Receivable days 174.04 244.99 218.8 188.9 77.62 72.8 91.19 189.35 118.29 95.82 93.94
Inventory Days 13.71 29.44 37.11 46.57 19.66 9.72 12.81 26.13 11.48 12.46 11.47
Payable days 137.09 189.53 212.68 255.3 82.86 75.87 152.83 287.77 127.39 192.61 218.93
PER(x) 0 20.75 15.36 57.56 64.11 18.84 8.68 0 165.68 55.64 69.98
Price/Book(x) 1.71 1.42 1.34 1.9 2.73 3.46 0.99 2.35 4.26 3.73 7.16
Dividend Yield(%) 0 0 0 0 0.46 0.75 1.2 0 0.13 0.34 0.23
EV/Net Sales(x) 0.55 0.89 0.96 1.45 0.91 1.1 0.4 1.9 1.88 1.24 2.08
EV/Core EBITDA(x) -22.2 14.82 14.68 16.74 13.83 10.29 3.91 -15.06 45.25 25.73 42.91
Net Sales Growth(%) -16.9 -50.47 -6.36 -25.11 98.53 62.52 -25.12 -46.7 93.27 26.36 37.82
EBIT Growth(%) -1683.15 163.23 79.69 -63.01 74.31 232.79 -32.1 -193.81 137.56 60.58 56.83
PAT Growth(%) -2145.59 142.46 38.53 -61.74 33.85 422.28 -32.35 -222.39 115.97 177.69 67.94
EPS Growth(%) -2145.63 142.46 38.53 -61.74 33.85 422.28 -32.35 -222.39 115.97 177.69 67.94
Debt/Equity(x) 0.27 0.18 0 0 0 0 0 0 0 0 0
Current Ratio(x) 1.29 1.34 1.67 1.57 1.56 1.31 1.47 1.41 1.6 1.18 1.13
Quick Ratio(x) 1.23 1.23 1.48 1.42 1.5 1.28 1.41 1.36 1.53 1.15 1.1
Interest Cover(x) -2.88 2.85 9.25 7.88 15.56 490.94 10.37 -160.55 1.65 9.38 12.19
Total Debt/Mcap(x) 0.15 0.13 0 0 0 0 0 0 0 0 0

John Cockerill India Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 75 75 75 75 75 75 75 75 75 75
FII 0 0 0 0 0 0 0 0 0 0.02
DII 1.45 0.21 0.21 0.21 0.21 0 0 0 0 0.08
Public 23.56 24.79 24.79 24.79 24.79 25 25 25 25 24.9
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 7% over the last 3 years.
  • Debtor days have increased from 192.61 to 218.93days.
  • Stock is trading at 8.9 times its book value.
  • The company has delivered a poor profit growth of -8% over past five years.

* 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.

John Cockerill India News

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