JCT Ltd.

•

₹ —-%

jct.co.inBSE: -NSE: JCT

Market Cap₹ 105 Cr.

Current Price—

High / Low—

Stock P/E0.0

Book Value₹ -1

Price to Book-5.43

Dividend Yield0.00 %

ROCE-20.4 %

ROE-591.5 %

Face Value₹ 2

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ABOUT

KEY POINTS

PROS

Company is almost debt free
Working capital cycle has improved - days down from -42 to -117
Company generates healthy free cash flow

CONS

Company is loss-making at the operating / net level
Company has a low return on equity of -172.9% over last 3 years
Interest coverage is weak at -0.9x - earnings barely cover interest
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.80x)
Company has a low return on capital employed of 11.3%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

TextilesTextileTextile

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	PAGEIND	35400.00	0.00	39484.71	1.55	192.81	-3.98	1420.45	7.89	73.60	20.35
2.	KPRMILL	1122.45	42.05	38366.91	0.45	258.54	21.55	1935.52	14.77	20.16	19.37
3.	VTL	594.75	20.30	17216.57	0.84	314.56	51.46	2703.08	13.31	11.31	18.11
4.	WELSPUNLIV	181.25	61.68	17123.64	0.06	162.61	82.09	2795.45	23.66	15.04	11.53
5.	ARVIND	518.15	34.04	14095.79	0.87	57.77	5.61	2500.96	24.65	13.98	9.64
6.	MANYAVAR	542.75	32.73	13187.64	1.43	66.90	37.31	267.95	22.74	33.92	45.53
7.	PGIL	2410.95	35.88	11136.31	0.60	99.23	51.37	1528.26	24.46	22.42	10.72
8.	SWANCORP	302.25	42.38	9474.23	0.05	-35.99	-233.33	1013.75	-16.44	4.50	-0.38
9.	ICIL	444.15	58.30	8796.58	0.34	63.22	67.28	1206.96	25.89	8.73	11.88
10.	GARFIBRES	759.85	35.32	7419.81	1.18	64.60	21.56	482.37	31.35	20.98	18.70
11.	KUSUMGAR	565.70	60.48	5939.36	0.00	426.47	—	2472.47	—	26.15	30.50
12.	JCT	1.21	1.87	105.07	0.00	—	—	—	—	-20.39	—

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

No standalone quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023
	657	804	639
	590	774	683
Operating Profit	75	74	-30
OPM %	11	9	-5
Other Income	8	45	14
Interest	46	51	44
Depreciation	15	13	12
	15	10	-85
Tax %	0	0	0
Net Profit	15	10	-85
EPS	0	0	-1
Dividend Payout %	0	0	0
Minority Interest	0	0	0
Share of Associates	0	0	0
Adjusted EPS	0	0	-1
Minority Interest	0	0	0
Share of Associates	0	0	0
Adjusted EPS	0	0	-1

Mar 2021

: 657
: 590
Operating Profit: 75
OPM %: 11
Other Income: 8
Interest: 46
Depreciation: 15
: 15
Tax %: 0
Net Profit: 15
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2022

: 804
: 774
Operating Profit: 74
OPM %: 9
Other Income: 45
Interest: 51
Depreciation: 13
: 10
Tax %: 0
Net Profit: 10
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2023

: 639
: 683
Operating Profit: -30
OPM %: -5
Other Income: 14
Interest: 44
Depreciation: 12
: -85
Tax %: 0
Net Profit: -85
EPS: -1
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -1

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: -173%
Last Year:: -592%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023
LIABILITIES	-	-	-
Equity Capital	210	217	217
	123	135	53
	90	85	90
Trade Payables	132	139	132
	290	284	316
Total Liabilities	845	860	808
ASSETS	-	-	-
	582	569	561
Capital Work in Progress	1	1	2
	2	2	2
	154	165	150
	52	60	33
Cash & Bank	11	12	9
	44	52	51
Total Assets	845	860	808
Total Debt	191	181	197
Net Working Capital	-100	-93	-206
Contingent Liabilities	64	62	42
Book Value per Share	0.43	0.64	-0.31
Face Value	2.50	2.50	2.50
Total Debt	191	181	197
Net Working Capital	-100	-93	-206
Contingent Liabilities	64	62	42
Book Value per Share	0.43	0.64	-0.31
Face Value	2.50	2.50	2.50

Mar 2021

Equity Capital: 210
: 123
: 90
Trade Payables: 132
: 290
Total Liabilities: 845
: 582
Capital Work in Progress: 1
: 2
: 154
: 52
Cash & Bank: 11
: 44
Total Assets: 845
Total Debt: 191
Net Working Capital: -100
Contingent Liabilities: 64
Book Value per Share: 0.43
Face Value: 2.50
Total Debt: 191
Net Working Capital: -100
Contingent Liabilities: 64
Book Value per Share: 0.43
Face Value: 2.50

Mar 2022

Equity Capital: 217
: 135
: 85
Trade Payables: 139
: 284
Total Liabilities: 860
: 569
Capital Work in Progress: 1
: 2
: 165
: 60
Cash & Bank: 12
: 52
Total Assets: 860
Total Debt: 181
Net Working Capital: -93
Contingent Liabilities: 62
Book Value per Share: 0.64
Face Value: 2.50
Total Debt: 181
Net Working Capital: -93
Contingent Liabilities: 62
Book Value per Share: 0.64
Face Value: 2.50

Mar 2023

Equity Capital: 217
: 53
: 90
Trade Payables: 132
: 316
Total Liabilities: 808
: 561
Capital Work in Progress: 2
: 2
: 150
: 33
Cash & Bank: 9
: 51
Total Assets: 808
Total Debt: 197
Net Working Capital: -206
Contingent Liabilities: 42
Book Value per Share: -0.31
Face Value: 2.50
Total Debt: 197
Net Working Capital: -206
Contingent Liabilities: 42
Book Value per Share: -0.31
Face Value: 2.50

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023
	-2	33	18
Cash from Investing	1	39	8
Cash from Financing	-11	-73	-26
	-12	-1	-1
Free Cash Flow	-2	33	18
OCF / Net Profit	-0.14	3.44	-0.21
Cumulative 5-Year FCF	0	0	0
OCF / Net Profit	-0.14	3.44	-0.21
Cumulative 5-Year FCF	0	0	0

Mar 2021

: -2
Cash from Investing: 1
Cash from Financing: -11
: -12
Free Cash Flow: -2
OCF / Net Profit: -0.14
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.14
Cumulative 5-Year FCF: 0

Mar 2022

: 33
Cash from Investing: 39
Cash from Financing: -73
: -1
Free Cash Flow: 33
OCF / Net Profit: 3.44
Cumulative 5-Year FCF: 0
OCF / Net Profit: 3.44
Cumulative 5-Year FCF: 0

Mar 2023

: 18
Cash from Investing: 8
Cash from Financing: -26
: -1
Free Cash Flow: 18
OCF / Net Profit: -0.21
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.21
Cumulative 5-Year FCF: 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2021	Mar 2022	Mar 2023
PER SHARE	-	-	-
EPS (₹)	0.18	0.11	-0.98
Book Value (₹)	0.43	0.64	-0.31
Dividend per Share (₹)	0.00	0.00	0.00
Cash EPS (₹)	0.35	0.26	-0.85
PROFITABILITY	-	-	-
Operating Margin %	10.23%	3.69%	-6.89%
Net Margin %	2.24%	1.20%	-13.36%
ROE %	51.92%	20.97%	-591.50%
ROCE %	28.35%	25.89%	-20.39%
	1.74%	1.13%	-10.24%
EFFICIENCY	-	-	-
Debtor Days	21	25	26
Inventory Days	87	72	90
Payable Days	164	125	150
	-57	-27	-33
FINANCIAL HEALTH	-	-	-
Debt to Equity (x)	5.26x	3.27x	-7.40x
Interest Coverage (x)	1.32x	1.19x	-0.95x
	0.72x	0.75x	0.54x
GROWTH	-	-	-
Revenue Growth %	-5.16%	22.34%	-20.55%
Operating Profit Growth %	471.43%	-1.09%	-140.04%
Net Profit Growth %	132.99%	-34.53%	-986.84%
	132.99%	-36.78%	-986.85%
VALUATION	-	-	-
P/E (x)	6.10x	36.63x	0.00x
P/B (x)	2.47x	6.36x	-5.43x
Dividend Yield %	0.00%	0.00%	0.00%
	3.59x	7.02x	-11.13x

Mar 2021

EPS (₹): 0.18
Book Value (₹): 0.43
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.35
Operating Margin %: 10.23%
Net Margin %: 2.24%
ROE %: 51.92%
ROCE %: 28.35%
: 1.74%
Debtor Days: 21
Inventory Days: 87
Payable Days: 164
: -57
Debt to Equity (x): 5.26x
Interest Coverage (x): 1.32x
: 0.72x
Revenue Growth %: -5.16%
Operating Profit Growth %: 471.43%
Net Profit Growth %: 132.99%
: 132.99%
P/E (x): 6.10x
P/B (x): 2.47x
Dividend Yield %: 0.00%
: 3.59x

Mar 2022

EPS (₹): 0.11
Book Value (₹): 0.64
Dividend per Share (₹): 0.00
Cash EPS (₹): 0.26
Operating Margin %: 3.69%
Net Margin %: 1.20%
ROE %: 20.97%
ROCE %: 25.89%
: 1.13%
Debtor Days: 25
Inventory Days: 72
Payable Days: 125
: -27
Debt to Equity (x): 3.27x
Interest Coverage (x): 1.19x
: 0.75x
Revenue Growth %: 22.34%
Operating Profit Growth %: -1.09%
Net Profit Growth %: -34.53%
: -36.78%
P/E (x): 36.63x
P/B (x): 6.36x
Dividend Yield %: 0.00%
: 7.02x

Mar 2023

EPS (₹): -0.98
Book Value (₹): -0.31
Dividend per Share (₹): 0.00
Cash EPS (₹): -0.85
Operating Margin %: -6.89%
Net Margin %: -13.36%
ROE %: -591.50%
ROCE %: -20.39%
: -10.24%
Debtor Days: 26
Inventory Days: 90
Payable Days: 150
: -33
Debt to Equity (x): -7.40x
Interest Coverage (x): -0.95x
: 0.54x
Revenue Growth %: -20.55%
Operating Profit Growth %: -140.04%
Net Profit Growth %: -986.84%
: -986.85%
P/E (x): 0.00x
P/B (x): -5.43x
Dividend Yield %: 0.00%
: -11.13x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	27.25	27.25	27.25	27.24	27.24	27.24	27.24	27.24
	6.31	6.31	0.06	0.06	0.06	0.02	0.02	0.01
	2.98	2.98	2.98	2.98	2.98	2.98	2.98	2.98
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	55.05	63.47	63.47	63.47	63.47	63.52	63.52	63.53

Jun 2022

: 27.25
: 6.31
: 2.98
Government: 0.00
: 55.05

Sep 2022

: 27.25
: 6.31
: 2.98
Government: 0.00
: 63.47

Dec 2022

: 27.25
: 0.06
: 2.98
Government: 0.00
: 63.47

Mar 2023

: 27.24
: 0.06
: 2.98
Government: 0.00
: 63.47

Jun 2023

: 27.24
: 0.06
: 2.98
Government: 0.00
: 63.47

Sep 2023

: 27.24
: 0.02
: 2.98
Government: 0.00
: 63.52

Dec 2023

: 27.24
: 0.02
: 2.98
Government: 0.00
: 63.52

Mar 2024

: 27.24
: 0.01
: 2.98
Government: 0.00
: 63.53

Documents

Announcements

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Annual Reports

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Credit Ratings

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Concalls

Nothing filed yet.