Jalpac India Ltd - Stock Valuation and Financial Performance

BSE: 523230 | NSE: | Plastic Products | Small Cap

BSE Share Price
Not Listed

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Jalpac India stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
4.8 Cr.
52-wk low:
7
52-wk high:
7

Is Jalpac India Ltd an attractive stock to invest in?

1. Is Jalpac India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Jalpac India Ltd is a below average quality company.

2. Is Jalpac India Ltd undervalued or overvalued?

No data found

3. Is Jalpac India Ltd a good buy now?

No data found

10 Year X-Ray of Jalpac India:

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.
Jalpac India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13TTM
ROCE % -10.6%-0.8%0.9%-16%-30.8%-37.1%-14.6%-19.6%-18.2%-65.6%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 71.677.165.334.68.612.716.522.924.214.915
Sales YoY Gr.-7.7%-15.3%-47%-75.2%47.3%30.8%38.4%5.6%-38.5%-
Adj EPS -11.1-6.8-7.1-10.2-12.3-10.1-3.6-3.5-1.9-6.2-6.6
YoY Gr.-NANANANANANANANANA-
BVPS (₹) -5.5-11.7-17.6-27.8-39.7-50.7-53.9-57.3-60-66.5-57.2
Adj Net
Profit
-7.6-4.7-4.9-7-8.5-7-2.5-2.4-1.3-4.3-5
Cash Flow from Ops. 5.92.60.8-3.4-0.8-1.2-0.10.2-0.40-
Debt/CF from Ops. 6.214.541.3-11.8-54.2-34.8-401.4239.4-97.8-1658.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -16%11.6%-3.5%-38.5%
Adj EPS NANANANA
BVPSNANANANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13TTM
Return on
Equity %
-256.5159.3105.892.255.730.38.984.112.110.6
Op. Profit
Mgn %
-2.82.12.2-6.4-63.8-26.8-0.9-1.34.5-13.4-21.2
Net Profit
Mgn %
-10.7-6-7.5-20.2-98.6-55.3-15.1-10.5-5.5-28.8-30.5
Debt to
Equity
-47.8-7.3-8.4-3.6-2.1-1.6-1.5-1.3-1.3-1.1-
Working Cap
Days
91789414533914510213012111251
Cash Conv.
Cycle
4328344065-75-86-44-55-82-557

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 10.60%

Sales growth has been subdued in last 3 years -3.46%

Sales growth is not so good in last 4 quarters at -3.39%

Latest Financials - Jalpac India Ltd.

Standalone Consolidated
TTM EPS (₹) -6.6 -6.3
TTM Sales (₹ Cr.) 14.9 78.2
BVPS (₹.) -57.2 -12.2
Reserves (₹ Cr.) -46 -15
P/BV -0.12 -0.57
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 6.95 / 6.95
All Time Low / High (₹) 0.50 / 60.00
Market Cap (₹ Cr.) 4.8
Equity (₹ Cr.) 6.9
Face Value (₹) 10
Industry PE 39.5

Management X-Ray of Jalpac India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *85.1285.1285.1285.1285.1285.2085.2085.2085.2085.20
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Jalpac India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13
Sales71.6277.1065.3134.638.5912.6516.5422.8924.1814.88
Operating Expenses 73.6175.5063.9036.8414.0916.9216.7023.2323.7717.23
Manufacturing Costs7.067.488.044.961.962.472.202.032.622.33
Material Costs60.1962.5050.1927.078.289.9911.2718.0817.0310.89
Employee Cost 2.792.792.942.832.541.951.982.052.182.31
Other Costs 3.562.732.731.971.312.511.251.071.941.70
Operating Profit -1.991.601.42-2.21-5.51-4.27-0.16-0.340.40-2.35
Operating Profit Margin (%) -2.8%2.1%2.2%-6.4%-64.1%-33.8%-1.0%-1.5%1.7%-15.8%
Other Income 0.460.830.610.150.480.040.560.230.020.02
Interest 3.674.074.302.200.470.680.040.020.020.01
Depreciation 2.282.692.682.682.682.652.552.252.212.19
Exceptional Items 000.940000000
Profit Before Tax -7.46-4.33-4.02-6.93-8.17-7.57-2.19-2.39-1.80-4.54
Tax 000.050.040.030.030000
Profit After Tax -7.46-4.33-4.07-6.97-8.20-7.60-2.19-2.39-1.80-4.54
PAT Margin (%) -10.4%-5.6%-6.2%-20.1%-95.5%-60.1%-13.2%-10.4%-7.5%-30.5%
Adjusted EPS (₹)-10.8-6.3-5.9-10.1-11.9-11.0-3.2-3.5-2.6-6.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13

Equity and Liabilities

Shareholders Fund -0.75-5.09-4.11-11.08-19.28-26.88-29.07-31.45-33.26-37.79
Share Capital 9.899.8914.9414.9414.9414.9414.9414.9414.9514.95
Reserves -10.64-14.98-19.05-26.02-34.22-41.82-44.01-46.39-48.20-52.74
Minority Interest0000000000
Debt36.3237.3334.4239.8440.4642.8642.5842.0620.1820.30
Long Term Debt36.3237.3334.4239.8440.4642.8642.5842.0600
Short Term Debt0000000020.1820.30
Trade Payables16.0615.0915.989.038.218.127.5810.376.677.14
Others Liabilities 4.656.124.432.503.854.415.7910.0927.7729.78
Total Liabilities 56.2753.4550.7240.2833.2528.5126.8931.0621.3519.43

Fixed Assets

Gross Block53.4354.2953.665453.9753.9753.9353.9353.9453.94
Accumulated Depreciation17.0119.6722.3024.9827.6130.2732.7935.0437.2539.43
Net Fixed Assets36.4234.6231.3529.0226.3523.7021.1418.8916.7014.51
CWIP 0.020.0100000000
Investments 0.290.290.050.050.050.050.050.0100
Inventories8.226.837.925.722.831.832.677.851.691.82
Trade Receivables7.608.047.551.851.300.750.710.580.690.67
Cash Equivalents 1.340.910.790.760.640.490.570.330.090.18
Others Assets2.372.743.062.892.081.701.763.392.182.26
Total Assets 56.2753.4550.7240.2833.2528.5126.8931.0621.3519.43

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13
Cash Flow From Operating Activity 5.892.570.83-3.37-0.75-1.23-0.110.18-0.43-0.03
PBT -6.16-4.33-4.96-6.93-8.17-7.57-2.19-2.39-1.80-4.54
Adjustment 4.925.525.794.242.673.972.102.152.852.67
Changes in Working Capital 7.091.370.05-0.634.752.37-0.010.41-1.481.84
Tax Paid 0.050.01-0.05-0.05000000
Cash Flow From Investing Activity -9.52-0.600.06-0.190.0100.060.090.010.01
Capex -9.63-0.64-0.24-0.23-0.0300.01-0.01-0.010
Net Investments 0.0600.250000000
Others 0.050.040.050.050.0400.050.090.020.01
Cash Flow From Financing Activity 4.10-2.39-1.013.530.621.080.12-0.500.180.11
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 8.24-1.840.26-1.32-0.9000-0.0500
Interest Paid -1.99-4.05-4.09-1.80-0.27-0.48-0.03-0.02-0.02-0.01
Dividend Paid -0.01000000000
Others -2.143.492.816.651.781.570.15-0.430.200.13
Net Cash Flow 0.47-0.43-0.12-0.03-0.12-0.150.08-0.24-0.240.09
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio1.461.531.350.80.240.430.610.820.940.75
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days3734414764281610916
Inventory Days413338681746549817042
Payable Days424758104334288254181183231

Jalpac India Ltd Stock News

Jalpac India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Jalpac India on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Jalpac India stood at ₹4.79.
The latest P/E ratio of Jalpac India as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Jalpac India as of 01-Jan-1970 05:30 is -0.12.
The 52-week high of Jalpac India is ₹6.95 and the 52-week low is ₹6.95.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jalpac India is ₹14.88 ( Cr.) .

About Jalpac India Ltd

Jalpac India was founded in 1986 and has over the years grown into a $15 million company thus emerging as one of India’s largest manufacturer and exporter of metallized and coated films, paper, board and metallic yarn. It is the cutting edge of the well diversified 85 year old Jalan Group’s ambitious diversification efforts into the fast growing packaging and yarn sectors

Being the first metallizing and coating company in India to be accredited  with ISO-9001 : 2000 certification, its focus on quality and customer service has never been in question.

Jalpac, by virtue of its belief in partnership and long term relationship with customers, has  emerged as a reliable and trustworthy  company committed to provide value for money both in terms of product quality and service.

Jalpac sees customer-support as the cornerstone of its business philosophy. Whether it is the development of new shades or the development of new grades for specific applications, Jalpac's technical team strives to find the right solutions.

Jalpac today commands a world wide presence by exporting over 45% of its production to countries like USA, UK, Australia, New Zealand, France,  Italy, South  Africa,  Ethiopia,  Morocco, Kenya, Spain, Bangladesh, Sri Lanka and many more.

Jalpac at present employs a staff of 200 personnel at its production facility located in clean environmental conditions in the Himalayan foothills at Haldwani (Uttaranchal), approx. 300 km away from New Delhi.

The foundation of the company is based on a dedicated and committed work force headed by a dynamic management team, working together in perfect harmony and coordination with the sole objective of providing quality products.

Jalpac India has added its fourth metallizer to its metallizing armoury which includes the Free Span Delta from Valmet General, UK. Jalpac’s technical edge also comes from its state-of-the-art coating equipment acquired from Pagendarm, Germany, world leaders in the coating technology.

The addition of latest metallizing concept is designed for Pinhole free metallizing, Uniform and high optical density, Improved barrier properties,  Wrinkle free metallizing, Faster line speeds

Product range of the company includes:

  • Metallized Barrier Films
  • Metallized and Coated Films
  • Metallized Paper and Board
  • Metallic Yarn

Jalpac is an active member of the following organizations and councils :

INDIA

  • Plastics Export Promotion Council.
  • Chemical & Allied Products Export Promotion Council.
  • The Synthetic Rayon Textiles Export Promotion Council.
  • Federation of Indian Export Organisation.
  • PHD Chamber of Commerce and Industry.

USA

  • Association of Industrial Metallizers, Coaters and Laminators.

Achievements/ recognition :

  • One of India's largest manufacturers of metallized and coated substrates with a production capacity of 9000 MT per annum.
  • Exporting to over 30 countries worldwide.  Export House accreditation given by the Govt. of India.
  • 'Winner' - Top Exporter Award in the Metallized Polyester Film category for the Year 2003-04.
  • 'Winner' - Plasticon Award for 'Outstanding Exports' for the Year 2004-05.
  • Export share of over 45% of production.
  • First Indian metallizing and coating company to be accredited with 'ISO-9001 : 2000' certification.
  • Improved barrier properties through pinhole free metallizing and uniform optical density.
  • Pioneers in the development of Wet Strength Direct Metallized Paper for the 'Beer & Liquor Label Application' in India.
  • Customized specifications, International quality, Competitive pricing and 'Just-In Time' delivery.
  • US marketing base to service customers in the Americas.
  • National network of offices with the 'Corporate and International Marketing' office at New Delhi.
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