Is Jyoti CNC Automation a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Jyoti CNC Automation Ltd is a good quality company .

Is Jyoti CNC Automation undervalued or overvalued?

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

What is Jyoti CNC Automation share price return in the past 10 years?

Data is not available for this company

Is Jyoti CNC Automation a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Jyoti CNC Automation Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Jyoti CNC Automation Ltd - Stock Valuation and Financial Performance

Name: Jyoti CNC Automation
Brand: Jyoti CNC Automation

BSE: 544081 | NSE: JYOTICNC | Engineering - Industrial Equipments | Small Cap

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Jyoti CNC Automation Share Price

₹1,215.95 45.25 3.87%
as on 21-Nov'24 13:49

10 Year X-Ray of Jyoti CNC Automation:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	13.8%	11.8%	11.3%	11.9%	13.6%	7.4%	4.8%	9.3%	11.6%	17.1%	-
Value Creation Index ⓘ	0.2	0.1	0	0.1	0.2	-0.3	-0.6	-0.2	0.0	0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	446	464	506	637	791	561	437	678	828	1,190	1,433
Sales YoY Gr.	-	3.9%	9.2%	25.8%	24.2%	-29.1%	-22.2%	55.4%	22.1%	43.6%	-
Adj EPS ⓘ	1.4	1.6	0.9	1.5	2.4	0.6	-1.8	1.4	1.4	6.1	10.3
YoY Gr.	-	14.8%	-41.9%	63.3%	60.5%	-76.3%	-412.5%	NA	0%	328.7%	-
BVPS (₹) ⓘ	18.9	21.7	22.2	25.3	27	27.8	26.8	27.9	29.4	77.2	82.1
Adj Net Profit ⓘ	19.4	22.3	12.9	21.7	34.8	8.3	-25.8	21	23.6	139	234
Cash Flow from Ops. ⓘ	65.5	12	111	182	113	-7.8	43.4	26.4	20.7	-64.9	-
Debt/CF from Ops. ⓘ	6.9	42.7	4.6	2.6	3.6	-66.9	12.8	22.8	30.2	-1.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11.5%	8.5%	39.7%	43.6%
Adj EPS ⓘ	18.3%	21%	NA	328.7%
BVPSⓘ	16.9%	23.4%	42.3%	162.9%
Share Price	-	-	-	-

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	7.1	7.7	4.1	6.3	9	2.1	-6.4	5.2	5.3	12.4	12.9
Op. Profit Mgn % ⓘ	21.6	22.5	19.7	17.6	15.3	13.3	12.5	16.5	14.1	22.9	25.7
Net Profit Mgn % ⓘ	4.3	4.8	2.5	3.4	4.4	1.5	-5.9	3.1	2.9	11.7	16.3
Debt to Equity ⓘ	1.7	1.7	1.6	1.3	1	1.3	1.4	1.5	1.3	0.1	0
Working Cap Days ⓘ	482	504	503	446	383	563	790	542	476	391	192
Cash Conv. Cycle ⓘ	209	243	245	195	155	238	203	256	216	150	141

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.90%

Sales growth is growing at healthy rate in last 3 years 39.68%

Sales growth is good in last 4 quarters at 45.29%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Jyoti CNC Automation Ltd.

	Standalone	Consolidated
TTM EPS (₹)	10.3	12.1
TTM Sales (₹ Cr.)	1,433	1,621
BVPS (₹.) ⓘ	82.1	65.7
Reserves (₹ Cr.) ⓘ	1,821	1,449
P/BV ⓘ	14.27	17.82
PE ⓘ	114.02	97.00

From the Market
52 Week Low / High (₹)	370.05 / 1450.00
All Time Low / High (₹)	370.05 / 1450.00
Market Cap (₹ Cr.)	26,624
Equity (₹ Cr.)	45.5
Face Value (₹)	2
Industry PE ⓘ	57.5

Management X-Ray of Jyoti CNC Automation:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

1.79

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

Valuation of Jyoti CNC Automation

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Jyoti CNC Automation

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	446	464	506	637	791	561	437	678	828	1,190
Operating Expenses ⓘ	350	360	407	525	670	487	382	569	711	918
Manufacturing Costs	22	21	24	29	64	25	36	50	50	66
Material Costs	228	234	272	366	486	322	245	398	504	667
Employee Cost	40	42	47	63	76	70	71	82	104	125
Other Costs ⓘ	60	62	63	67	44	70	30	38	53	59
Operating Profit ⓘ	96	104	100	112	121	74	55	109	117	272
Operating Profit Margin (%)	21.6%	22.5%	19.7%	17.6%	15.3%	13.3%	12.5%	16.1%	14.1%	22.9%
Other Income ⓘ	19	5	14	10	16	15	16	8	32	8
Interest ⓘ	56	61	69	68	58	62	66	65	71	66
Depreciation ⓘ	19	18	20	22	24	26	26	27	26	27
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	40	30	25	32	55	2	-21	26	52	187
Tax ⓘ	11	8	6	9	20	-7	-2	7	13	47
Profit After Tax	28	22	18	22	35	9	-20	19	39	140
PAT Margin (%)	6.4%	4.8%	3.6%	3.5%	4.4%	1.6%	-4.6%	2.8%	4.7%	11.8%
Adjusted EPS (₹)	2.0	1.6	1.3	1.5	2.4	0.6	-1.4	1.3	2.4	6.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	272	311	319	372	398	409	395	411	484	1,757
Share Capital ⓘ	29	29	29	29	29	29	29	29	33	45
Reserves ⓘ	243	282	290	343	368	380	366	381	451	1,711
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	423	470	468	467	398	496	506	561	576	92
Long Term Debt	164	169	173	144	112	134	141	140	114	3
Short Term Debt	259	301	296	323	286	362	365	421	462	89
Trade Payables	124	153	159	202	247	227	257	218	365	354
Others Liabilities ⓘ	90	125	116	100	114	101	144	134	159	99
Total Liabilities ⓘ	909	1,059	1,063	1,141	1,158	1,233	1,302	1,325	1,584	2,301
Fixed Assets
Gross Block	324	358	389	430	459	487	497	512	531	604
Accumulated Depreciation	107	124	144	166	189	215	242	267	293	320
Net Fixed Assetsⓘ	218	234	245	264	270	272	255	245	238	285
CWIP ⓘ	2	3	9	13	18	16	12	5	11	43
Investmentsⓘ	29	29	29	29	30	29	31	31	185	245
Inventories	351	405	409	429	451	492	552	538	715	792
Trade Receivables	141	201	177	145	181	180	190	241	169	234
Cash Equivalents	27	17	14	7	8	18	13	20	12	315
Others Assetsⓘ	141	171	180	254	200	225	249	244	254	387
Total Assets ⓘ	909	1,059	1,063	1,141	1,158	1,233	1,302	1,325	1,584	2,301

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	66	12	111	182	113	-8	43	26	21	-65
PBT ⓘ	40	30	25	32	55	2	-21	26	39	187
Adjustment ⓘ	70	74	84	85	74	79	84	86	73	87
Changes in Working Capital ⓘ	-34	-86	8	71	-7	-79	-19	-85	-85	-288
Tax Paid ⓘ	-10	-7	-4	-5	-9	-9	0	-1	-7	-50
Cash Flow From Investing Activity ⓘ	-49	-22	-46	-90	20	-41	-13	-8	-22	-231
Capex	-30	-35	-38	-44	-38	-26	-9	-9	-24	-106
Net Investments	0	0	0	0	-2	0	-5	-1	2	-132
Others ⓘ	-19	13	-8	-46	60	-15	1	1	0	7
Cash Flow From Financing Activityⓘ	-11	0	-70	-92	-134	49	-31	-18	2	527
Net Proceeds from Shares ⓘ	0	0	0	10	0	0	0	0	50	1,126
Net Proceeds from Borrowing ⓘ	0	0	0	-34	-39	0	9	35	-26	-111
Interest Paid ⓘ	-52	-62	-69	-68	-58	-62	-66	-65	-71	-66
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	42	63	-1	0	-37	111	26	12	49	-421
Net Cash Flow ⓘ	6	-10	-5	1	-1	0	0	0	0	231

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	10.45	7.66	5.82	6.43	9.04	2.26	-4.94	4.78	8.79	12.5
ROCE (%)	13.75	11.79	11.28	11.88	13.63	7.37	4.76	9.28	11.63	17.09
Asset Turnover Ratio	0.54	0.52	0.53	0.59	0.69	0.47	0.34	0.52	0.57	0.61
PAT to CFO Conversion(x)	2.36	0.55	6.17	8.27	3.23	-0.89	N/A	1.37	0.54	-0.46
Working Capital Days
Receivable Days	136	122	123	90	75	117	155	116	90	62
Inventory Days	236	270	265	234	203	307	437	293	276	231
Payable Days	249	216	210	180	169	269	360	217	211	197

Jyoti CNC Automation Ltd Stock News

Jyoti CNC Automation Ltd FAQs

What is the share price of Jyoti CNC Automation?

Company share prices are keep on changing according to the market conditions. The closing price of Jyoti CNC Automation on 21-Nov-2024 13:49 is ₹1,216.

What is the market cap of Jyoti CNC Automation?

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 13:49 the market cap of Jyoti CNC Automation stood at ₹26,624.4.

What is the P/E ratio of Jyoti CNC Automation?

The latest P/E ratio of Jyoti CNC Automation as of 21-Nov-2024 13:49 is 114.0.

What is the P/B ratio of Jyoti CNC Automation?

The latest P/B ratio of Jyoti CNC Automation as of 21-Nov-2024 13:49 is 14.27.

What is the 52-week high and low of Jyoti CNC Automation?

The 52-week high of Jyoti CNC Automation is ₹1,450 and the 52-week low is ₹370.1.

What is the TTM revenue of Jyoti CNC Automation?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jyoti CNC Automation is ₹1,433 ( Cr.) .

About Jyoti CNC Automation Ltd

Jyoti CNC Automation was originally incorporated as ‘AMB Engineering Company Private Limited’, at Gujarat as a private limited company under the Companies Act, 1956 and received a certificate of incorporation issued by the RoC, on January 17, 1991. Thereafter, pursuant to a special resolution passed by the Shareholders of the company on April 19, 2002, the company’s name was changed to ‘Jyoti CNC Automations Private Limited’, and a fresh certificate of incorporation dated May 08, 2002, was issued to the Company by the RoC. Subsequently, pursuant to a special resolution passed by the Shareholders of the Company on April 04, 2008, the Company’s name was changed to ‘Jyoti CNC Automation Private Limited’, and a fresh certificate for incorporation dated April 28, 2008 was issued to the Company by the RoC. Thereafter, the Company was converted into a public limited company pursuant to a special resolution passed by the Shareholders of the Company on September 17, 2012 and the name of the Company was changed to its present name, ‘Jyoti CNC Automation Limited’, pursuant to a fresh certificate of incorporation issued by the RoC on November 30, 2012.

The company is one of the world’s leading manufacturers of metal cutting computer numerical control (CNC) machines with the third largest market share in India accounting around 10% of the market share in India in Fiscal 2023. It is a prominent manufacturer of simultaneous 5-Axis CNC machines in India and supply a diverse portfolios of CNC machines including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs) and CNC Horizontal Machining Centers (HMCs). The company relies on its expertise built over many decades of presence and strong R&D capabilities to deliver customised solutions to its customers across diverse set of industries including aerospace and defence, auto and auto components, general engineering, EMS, dies and moulds, and others.

The company offers solutions suited for transitioning towards ‘Industry 4.0’, including its flagship multifunctional solutions package viz. ‘7th Sense’ - which is geared towards automating sophisticated diagnostic and analytical functions enabling seamless management of productivity, health and tool life of the CNC machine. Its ability to deliver high precision multi-purpose products is also enabled by its dedicated R&D facility at Rajkot, Gujarat (R&D Centre) and its R&D team in Strasbourg, France. R&D is key element of its ability to offer customised products to its customers. It is also a critical aspect of product development, and is integral to its process optimisation which ensures that it continues to evolve with the changing industry landscape.

Business area of the company

The company is one of the world’s leading manufacturers of metal cutting Computer Numerical Control machines.

Products of the company

CNC turning centers and CNC turn mill center
CNC vertical machining center
CNC horizontal machine center
CNC simultaneous 5-Axis machining centers
CNC multitasking machines

Awards and accreditations

2013: Hercules Award by Gujarat Innovation Society for Converting SSI to Indian MNC.
2016: Received an award for excellence from Rajkot Chamber of Commerce and Industry.
2017: Received ‘Best Innovative Product Award’ in INTEC Exhibition at Coimbatore, India.
2018: Received ‘The Best Metal Cutting Brand 2018’ by The Economic Times as a symbol of excellence in the metal cutting industry.
2019: Received ‘Best Innovative Product Award’ in INTEC Exhibition at Coimbatore, India.
2019: Received ‘The Best Metal Cutting Brands 2019’ award by the Economic Times, India.
2020: Received ‘The Best Interior Award’ at Jamnagar Tech Fest.
2020: Received ‘The Best Metal Cutting Brand 2020’ award by the Economic Times, India.
2021: Received ‘Economic Times, The Best Metal Cutting Brand 2021’ as a best brand in the metal cutting industry.
2021: Received ISO 14001:2015 accreditation from TUV with respect to implementation of Environment Management System.
2021: Received ISO 45001:2018 accreditation from TUV with respect to implementation of Occupational Health and Safety Management System.
2021: Received ISO 9001:2015 accreditation from TUV with respect to implementation of Quality Management System.
2022: Received ‘The Best Metal Cutting Brand 2022’ award by the Economic Times, India.
2022: Received a recognition for ‘Non- IT Fraternity Digital Change Maker’ and ‘Stalwart Torch Bearer and Doyen of Futuristic Digitalization Adoption in Gujarat’s Business Fraternity’ at Digital Management Conclave.
2022: Received recognition of support as a silver partner at 8th Machine Tool Industry Summit, organized by Indian Machine Tool Manufacturers’ Association.

History and milestones

1991: The Company was incorporated.
2003: The Company manufactured and sold 165 special purpose machines and 3 vertical machining centres.
2007: Acquired Huron Graffenstaden SAS, its Material Subsidiary.
2007: The installed capacity of the Company increased to 1,500 machines per annum.
2008: The Company inaugurated a Research and Development facility at Rajkot, Gujarat
2016: The Company entered into a memorandum of understanding with a research institution constituted by the Government of India for development of 5 Axis CNC Multi-Tasking Machine.
2017: Launched 7th SENSE, an Industry 4.0 initiative which is geared towards automating sophisticated and repetitive functions diagnostic and analytical functions which enables seamless management of productivity, health and tool life of the CNC machine.
2017: Launched a large sized double column machining center KX300 with fork head feature to cater aerospace and defense segments.
2019: Launched an Artificial Intelligence (A.I) system named ‘Preci Protect’ which is used as collision prevention technology, which senses the collision in real time and protects the machine from accident.
2020: Launched U Mill Series targeted at aerospace and defence sector. The U Mill series is 5 Axis Vertical Machining Centers with cradle type rotary tilting table with smaller footprint.
2022: Developed a Vertical Shaft Turning Machine named VST 160 with integrated auto loading and unloading system targeted to cater Electric Vehicles.
2023: Introduced HP Series which is a Horizontal Machining Centers designed for manufacturing highly precision applications for Defense and General Engineering segments.
2024: The consolidated order book crossed Rs 3,300 crore.