Past 10 year's financial track record analysis by Moneyworks4me indicates that Jay Jalaram Technologies Ltd is a average quality company.
The key valuation ratios of Jay Jalaram Technologies Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jay Jalaram Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 29.4% | 9.8% | 15.7% | 15.8% | 17.3% | 20.8% | - |
| Value Creation Index ⓘ | 1.1 | -0.3 | 0.1 | 0.1 | 0.2 | 0.5 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||
| Sales ⓘ | 95.2 | 95.2 | 121 | 165 | 249 | 539 | 539 |
| Sales YoY Gr. | - | -0% | 27.7% | 36.1% | 50.8% | 116.2% | - |
| Adj EPS ⓘ | -1 | 0.4 | 4.7 | 1 | 2.7 | 4.4 | 4.1 |
| YoY Gr. | - | NA | 1036.6% | -77.7% | 154.8% | 67.6% | - |
| BVPS (₹) ⓘ | 3.8 | 4.2 | 8.8 | 13.2 | 21.2 | 25.6 | 49 |
| Adj Net Profit ⓘ | -0.1 | 0 | 0.3 | 0.9 | 2.9 | 4.9 | 5 |
| Cash Flow from Ops. ⓘ | -0.6 | -4.5 | 0.9 | -6.5 | -11.8 | -24.2 | - |
| Debt/CF from Ops. ⓘ | -5.4 | -2.1 | 9.6 | -1.6 | -1.7 | -1.9 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | 41.4% | 64.3% | 116.2% | ||||
| Adj EPS ⓘ | NA | NA | -1.6% | 67.6% | ||||
| BVPSⓘ | NA | 46.8% | 42.6% | 20.6% | ||||
| Share Price | - | - | - | -14% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -26.7 | 10.2 | 71.7 | 15 | 17.1 | 19 | 11 |
| Op. Profit Mgn % ⓘ | 1.3 | 1.4 | 1.3 | 1.9 | 2.5 | 2.3 | NAN |
| Net Profit Mgn % ⓘ | -0.1 | 0 | 0.2 | 0.5 | 1.2 | 0.9 | 0.9 |
| Debt to Equity ⓘ | 14 | 36.2 | 16 | 1 | 0.8 | 1.6 | - |
| Working Cap Days ⓘ | 0 | 56 | 53 | 63 | 74 | 66 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 17 | 22 | 13 | 21 | 34 | 0 |
Sales growth is growing at healthy rate in last 3 years 64.30%
Return on Equity has declined versus last 3 years average to 11.00%
Net Profit has been subdued in last 3 years -1.60%
Debt to equity has increased versus last 3 years average to 1.62
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 4.1 | 3.4 |
| TTM Sales (₹ Cr.) | 539 | 542 |
| BVPS (₹.) ⓘ | 49 | 48.2 |
| Reserves (₹ Cr.) ⓘ | 46 | 45 |
| P/BV ⓘ | 7.14 | 7.27 |
| PE ⓘ | 85.48 | 102.23 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 416 |
| Equity (₹ Cr.) | 11.9 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 98.7 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|
| Sales | 95 | 95 | 121 | 165 | 249 | 539 |
| Operating Expenses ⓘ | 94 | 94 | 120 | 162 | 243 | 526 |
| Manufacturing Costs | 1 | 1 | 1 | 1 | 1 | 2 |
| Material Costs | 88 | 86 | 110 | 149 | 222 | 490 |
| Employee Cost | 1 | 1 | 2 | 2 | 4 | 7 |
| Other Costs ⓘ | 4 | 5 | 7 | 10 | 16 | 27 |
| Operating Profit ⓘ | 1 | 1 | 2 | 3 | 6 | 13 |
| Operating Profit Margin (%) | 1.3% | 1.4% | 1.3% | 1.9% | 2.5% | 2.3% |
| Other Income ⓘ | 1 | 0 | 1 | 0 | 1 | 1 |
| Interest ⓘ | 1 | 1 | 1 | 1 | 2 | 6 |
| Depreciation ⓘ | 1 | 1 | 1 | 1 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | -1 | 0 |
| Profit Before Tax ⓘ | 0 | 0 | 0 | 1 | 4 | 6 |
| Tax ⓘ | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit After Tax | 0 | 0 | 0 | 1 | 3 | 5 |
| PAT Margin (%) | -0.1% | 0.0% | 0.2% | 0.5% | 1.0% | 0.9% |
| Adjusted EPS (₹) | -1.0 | 0.4 | 4.7 | 1.0 | 2.3 | 4.4 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0 | 0 | 1 | 11 | 24 | 28 | ||||
| Share Capital ⓘ | 0 | 0 | 0 | 3 | 11 | 11 | ||||
| Reserves ⓘ | 0 | 0 | 0 | 8 | 12 | 17 | ||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Debt | 3 | 9 | 8 | 10 | 19 | 46 | ||||
| Long Term Debt | 1 | 7 | 8 | 10 | 10 | 10 | ||||
| Short Term Debt | 2 | 2 | 0 | 0 | 9 | 35 | ||||
| Trade Payables | 9 | 4 | 6 | 17 | 18 | 28 | ||||
| Others Liabilities ⓘ | 5 | 11 | 14 | 11 | 20 | 45 | ||||
| Total Liabilities ⓘ | 17 | 25 | 28 | 49 | 81 | 146 | ||||
Fixed Assets | ||||||||||
| Gross Block | 5 | 6 | 12 | 12 | 13 | 14 | ||||
| Accumulated Depreciation | 2 | 3 | 4 | 5 | 6 | 5 | ||||
| Net Fixed Assetsⓘ | 2 | 3 | 8 | 7 | 7 | 9 | ||||
| CWIP ⓘ | 0 | 5 | 0 | 0 | 0 | 0 | ||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Inventories | 7 | 10 | 14 | 18 | 39 | 91 | ||||
| Trade Receivables | 4 | 1 | 0 | 3 | 3 | 9 | ||||
| Cash Equivalents | 1 | 1 | 1 | 5 | 10 | 7 | ||||
| Others Assetsⓘ | 3 | 5 | 5 | 17 | 21 | 31 | ||||
| Total Assets ⓘ | 17 | 25 | 28 | 49 | 81 | 146 | ||||
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -1 | -4 | 1 | -6 | -12 | -24 |
| PBT ⓘ | 0 | 0 | 0 | 1 | 4 | 6 |
| Adjustment ⓘ | 2 | 1 | 2 | 1 | 2 | 4 |
| Changes in Working Capital ⓘ | -2 | -6 | -1 | -9 | -16 | -33 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | -1 | -1 |
| Cash Flow From Investing Activity ⓘ | 0 | -8 | 0 | 0 | -1 | -2 |
| Capex | 0 | -7 | 0 | 0 | -1 | -3 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | -1 | 0 | 0 | 0 | 1 |
| Cash Flow From Financing Activityⓘ | 1 | 12 | 0 | 10 | 18 | 23 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 9 | 11 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 2 | 0 | 0 |
| Interest Paid ⓘ | -1 | -1 | -1 | -1 | -1 | -3 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 2 | 13 | 1 | -1 | 9 | 26 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 4 | 6 | -3 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | N/A | N/A | 71.68 | 15.04 | 14.61 | 18.66 | ||||
| ROCE (%) | N/A | N/A | 15.73 | 15.84 | 17.32 | 20.77 | ||||
| Asset Turnover Ratio | 5.67 | 4.59 | 4.61 | 4.26 | 3.83 | 4.74 | ||||
| PAT to CFO Conversion(x) | N/A | N/A | N/A | -6 | -4 | -4.8 | Working Capital Days | |||
| Receivable Days | 15 | 10 | 2 | 3 | 4 | 4 | ||||
| Inventory Days | 27 | 32 | 35 | 36 | 42 | 44 | ||||
| Payable Days | 36 | 27 | 16 | 28 | 29 | 17 | ||||
The company was originally incorporated on January 17, 2012 as ‘Jay Jalaram Technologies Private Limited’ as a private limited company, under the provisions of the Companies Act, 1956. Subsequently upon the conversion of the Company into public limited company, the name of the Company was changed to “Jay Jalaram Technologies Limited” and fresh Certificate of Incorporation dated May 25, 2022 was issued by Registrar of Companies, Ahmedabad.
The company is engaged in multi-brand retail selling of Smart Phones and allied asscessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. It are also engaged in multi-brand retail selling of consumer durable electronics goods like Smat TVs, Air Conditioners, Fridges, Coolers etc. from brands like TCL, Haier, Diakin, Voltas, Mi, Realme, OnePlus, Xiaomi, Skytron. The company operates under the brand name KORE MOBILE. It primarily sells smart mobile handsets of all the major brands, accessories for the mobile handsets, tablets, data cards and other consumer duarable electronics goods under one roof. The company’s other business vertical includes exclusive dealership of Electric Bikes, its spare parts and accessories under the brand name ‘Revolt’ for Ahmedabad region. As on April 30, 2022, the company sells Electric Bikes through 2 company owned retail outlets situated at Ashram Road area in Ahmedabad and Nana Chiloda in Gandhinagar for which the company has signed Letter of Intent (LoI) on September 10, 2019, with Revolt Intellicorp.
Business area of the company
The company is engaged in multi-brand retail selling of Smart Phones and allied asscessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. The company also offers multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers etc. from brands like TCL, Haier, Diakin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron.
Major events
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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