Jay Ushin Ltd - Stock Valuation and Financial Performance

BSE: 513252 | NSE: | Auto Ancillary | Small Cap

Jay Ushin Share Price

724.95 -2.05 -0.28%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Jay Ushin

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Jay Ushin stock performance -

mw4me loader
P/E Ratio (SA):
21.12
Market Cap:
281 Cr.
52-wk low:
650
52-wk high:
877

Is Jay Ushin Ltd an attractive stock to invest in?

1. Is Jay Ushin Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Jay Ushin Ltd is a average quality company.

2. Is Jay Ushin Ltd undervalued or overvalued?

The key valuation ratios of Jay Ushin Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Jay Ushin Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jay Ushin Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Jay Ushin:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Jay Ushin Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 10.7%15.3%10.2%9.7%12.8%8.8%7.1%16.1%16.6%13.9%-
Value Creation
Index
-0.20.1-0.3-0.3-0.1-0.4-0.50.20.20.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 650688788860855663577657734726771
Sales YoY Gr.-5.8%14.5%9.2%-0.6%-22.5%-13%13.9%11.9%-1.1%-
Adj EPS 1510.98.627.430.99.9-8.930.134.336.834.4
YoY Gr.--27.1%-21.5%219.8%12.6%-67.9%-189.5%NA13.7%7.3%-
BVPS (₹) 117.1130142.4168.2193.5196.8187.7221.2249.4282.9295.2
Adj Net
Profit
5.84.23.310.611.93.8-3.411.713.314.213
Cash Flow from Ops. 42.4-12.3-30.1-27.142.866.31427.722.4-16.2-
Debt/CF from Ops. 1.5-7-4-5.73.71.98.53.94.3-8.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.2%-3.2%8%-1.1%
Adj EPS 10.5%3.6%NA7.3%
BVPS10.3%7.9%14.7%13.5%
Share Price 14% 17.8% 14.7% -6.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
13.28.86.317.717.15.1-4.614.714.613.811.9
Op. Profit
Mgn %
2.72.51.92.54.34.83.74.94.53.53.9
Net Profit
Mgn %
0.90.60.41.21.40.6-0.61.81.821.7
Debt to
Equity
1.41.72.22.42.11.71.61.311.20.3
Working Cap
Days
6569738898116122100929443
Cash Conv.
Cycle
-21-17021262226262329-5

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 11.90%

Sales growth has been subdued in last 3 years 8.00%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 1.22

Sales growth is not so good in last 4 quarters at 9.24%

Latest Financials - Jay Ushin Ltd.

Standalone Consolidated
TTM EPS (₹) 34.4 19.6
TTM Sales (₹ Cr.) 771 681
BVPS (₹.) 295.2 0
Reserves (₹ Cr.) 110 76
P/BV 2.46 0.00
PE 21.12 37.04
From the Market
52 Week Low / High (₹) 650.00 / 877.00
All Time Low / High (₹) 3.00 / 917.60
Market Cap (₹ Cr.) 281
Equity (₹ Cr.) 3.9
Face Value (₹) 10
Industry PE 51.1

Management X-Ray of Jay Ushin:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Jay Ushin

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales650688788860855663577657734726
Operating Expenses 633673773840820635556625702701
Manufacturing Costs28262525251813212928
Material Costs530565660721694523471524588584
Employee Cost 50556470767051586568
Other Costs 25272424252321212021
Operating Profit 17151520352820313226
Operating Profit Margin (%) 2.7%2.2%1.9%2.4%4.1%4.3%3.5%4.8%4.4%3.5%
Other Income 13191614101013151515
Interest 7101011161713151414
Depreciation 13151515161919151511
Exceptional Items -5000000000
Profit Before Tax 58681321161816
Tax 222-31-15452
Profit After Tax 46411123-4121314
PAT Margin (%) 0.6%0.9%0.5%1.2%1.4%0.4%-0.7%1.8%1.8%2.0%
Adjusted EPS (₹)9.516.010.527.629.96.8-10.430.934.437.0
Dividend Payout Ratio (%)21%16%19%11%10%0%0%10%9%8%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 455055657576738596109
Share Capital 4444444444
Reserves 414651617172698293105
Minority Interest0000000000
Debt49711021271281041008477118
Long Term Debt26344169574846273135
Short Term Debt24376058715555574683
Trade Payables126141124123101109788510066
Others Liabilities 64746584871091101029172
Total Liabilities 285336345398391397361357365366

Fixed Assets

Gross Block223232241249280310321299314330
Accumulated Depreciation81769197112130149154168177
Net Fixed Assets142156150152168180171144146153
CWIP 132613108302
Investments 0011000000
Inventories47596070899170809079
Trade Receivables5484105128655360536556
Cash Equivalents 2622321100
Others Assets27292144626150766475
Total Assets 285336345398391397361357365366

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 42-12-30-274366142822-16
PBT 58681321161816
Adjustment 96913232823161512
Changes in Working Capital 29-25-44-441237-6-3-7-43
Tax Paid -2-2-1-5-50-3-1-4-2
Cash Flow From Investing Activity -26024-24-29323-5
Capex -38-25-13-10-33-36-9-11-13-18
Net Investments 00011-100-10
Others 122415138912121713
Cash Flow From Financing Activity -18162423-18-40-16-30-2621
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 10111237-14-16-2-184-1
Interest Paid -7-7-10-11-16-17-16-14-13-12
Dividend Paid -1-1-1-1-1-100-1-1
Others -201323-313-523-1635
Net Cash Flow -14-401-20000
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)8.3512.957.7117.7916.513.49-5.3915.1114.6313.89
ROCE (%)10.6715.3310.189.7212.758.757.1216.0616.6113.91
Asset Turnover Ratio2.692.542.642.392.171.681.521.832.041.99
PAT to CFO Conversion(x)10.5-2-7.5-2.453.5822N/A2.331.69-1.14
Working Capital Days
Receivable Days25323848413336312930
Inventory Days23252427345051424242
Payable Days82867362597372575852

Jay Ushin Ltd Stock News

Jay Ushin Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Jay Ushin on 21-Nov-2024 16:59 is ₹725.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Jay Ushin stood at ₹280.9.
The latest P/E ratio of Jay Ushin as of 21-Nov-2024 16:59 is 21.12.
The latest P/B ratio of Jay Ushin as of 21-Nov-2024 16:59 is 2.46.
The 52-week high of Jay Ushin is ₹877.0 and the 52-week low is ₹650.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jay Ushin is ₹770.6 ( Cr.) .

About Jay Ushin Ltd

Jay Ushin Ltd. a JBM Group company, was incorporated as a Joint Venture company with U Shin Ltd, Japan for manufacture of auto electrical, mechanical & electronic components for four wheelers in 1986. It is a leading OEM manufacturer of automotive assemblies in India. Its products include lock sets, latches, switches & body parts.

The company is a major OE supplier  to almost all makers of four wheeler as well as two wheelers in India includes Maruti Suzuki Limited, Hyundai Motors India Ltd., General Motors, Honda Siel, Honda Motor Cycle & Scooters Division, Mahindra & Mahindra and Tata Motors Ltd..

The company has its main plant and head office at Gurgaon (Haryana). Jay Ushin is a quality-oriented company. It is commited to satisfy the needs and expectations of the customers by continuous improvement in quality and timely delivery of its products.

Product range of the company includes:

  • Security Systems - Key sets, Immobiliser, keyless entry, remote Locking, etc.
  • Body Parts - Door latches, central locking, door handles, hood latches, striker, etc. 
  • Switches - Combination switches, panel switches, handle bar, hazard warning, power window, and defogger switches, stop & back-up lamps, etc.
  • Others - Heater control lever assembly, heater panel assembly, tank units

Milestones:

  • 1986 Incorporated as a Joint Venture Co. with M/s U shin Ltd, Japan for manufacture of auto electrical, mechanical & rlectronic components for four wheelers.
  •  1989 Commencement of production & supply of locksets to Maruti Udyog
  • 1995 Technical Collaboration with M/s YNS Inc, Japan for instrument clusters.
  • 1996 Commercial production & supply of instrument clusters to Maruti Udyog
  • 1998 Technical collaboration with M/s Shinchang Electric Co Ltd, Korea for manufacture of key sets & multi function switches for M/s Hyundai Motor India Ltd.

Achievements/ recognition:

  • 1997- ISO-9001 Certification by TUV, Germany.
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