Jai Corp Ltd.

JAICORPLTD

₹118.0

-4.05% (-4.98)

Market Cap

₹2,068 Cr.

P/E

31.08

About

Jai Corp, established in 1985, is primarily engaged in manufacturing steel, plastic processing, and spinning yarn. Expanding its plastic processing segment, the company is also investing in emerging s… Read more

Jai Corp, established in 1985, is primarily engaged in manufacturing steel, plastic processing… Read more

Low

52W Range

High

438

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

Edit rows

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	183	182	170	174	147	126	121	118	108	98.05
Shareholders Funds	1,175	1,236	1,355	1,265	1,312	1,395	1,451	1,432	1,486	1,406
Profit & Loss
Operating Profit	87.79	87.26	72.13	77.02	51.99	48.23	54.88	52.20	49.41	52.64
Net Sales	669	695	588	636	527	472	720	594	463	518
Cash flow
Cash from Operating Activity	71.12	85.64	48.10	71.16	60.55	-4.95	91.21	71.94	40.98	44.98
Net Capex (est)	2.52	40.31	7.44	3.95	4.19	-110	-7.60	1.70	-10.18	-14.98
Ratios
ROCE (%)	4.49	7.00	4.41	6.73	4.58	10.06	4.12	4.44	4.91	—
ROE (%)	-1.20	-1.48	-0.14	-8.55	2.55	6.64	3.62	-0.95	3.53	—

Forensics

7 Yes

Positive for this company

2 Neutral

Neutral for this company

8 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Pledge

Promoters have not pledged a significant portion of their holding
Revenue Recognition

Company is converting accounting profit to cash
Promoter Holding

Promoter has not sold any shares in the last 90 days
Depreciation Effect

Company is depreciating a lower percentage of assets. this is contributing to an increase in net profit
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance
Other Income

Other income component is making ratios of the company look optically better

Price & Performance

Capex vs ROCE

Roce of the company has increased over the last three years
ROE

Net profit margin is responsible for roe increase over last 10 years
Current vs Historic Valuation

Company is trading at a discount to 3yr historic valuations
Debt

Company should not have issues servicing its debt
Balance Sheet Strength

Balance sheet of the company is strong. but it might have issues paying it suppliers
Share price

Share price has decreased over last 10 years more due to derating
Working Capital

Company has significant working capital which is dragging its roce and roe
Sales Growth

Sales of the company has grown at a slow pace
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Operating Profit Break-Up

Asset Break-Up - Segment Wise

Operational Metrics

Production Volume - Tape Woven Products (MT)

Jai Corp Ltd.

Production Volume - Tape Woven Products (MT)
Source

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Jai Corp	118	31.08	2,068	73.92	10.29	4.91	3.53
Tarsons Products	369.65	66.93	1,993	47.31	6.59	9.34	6.96
Wim Plast	541.2	11.37	650	55.99	7.82	14.77	11.39
OK Play India	9.01	0.00	322	48.36	-4.75	12.23	0.9
Kingfa Science	3,237.8	25.65	3,921	74.99	16.1	28.67	20.82
Mitsu Chem Plast	122.2	22.89	166	67.77	9.96	18.82	11.16
Shaily Engg. Plastic	1,752.8	86.5	8,055	43.72	27.71	16.05	12.48
Yasho Industries	2,041.4	402.84	2,461	67.99	6.27	12.87	19.66

Corporate Actions

Consolidated Dividend

DATE

DETAILS

2024, Aug 27