Financials Jaiprakash Associates Limited

Equities

JPASSOCIAT

INE455F01025

Consumer Goods Conglomerates

Market Closed - Bombay S.E. 06:18:31 2024-04-29 am EDT 5-day change 1st Jan Change
19.86 INR +0.25% Intraday chart for Jaiprakash Associates Limited -4.70% +0.30%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 46,095 13,379 2,603 16,786 20,415 17,035
Enterprise Value (EV) 1 328,533 296,543 196,314 202,208 207,823 177,855
P/E ratio -2.38 x -0.63 x 0.24 x -2.53 x -1.38 x -1.27 x
Yield - - - - - -
Capitalization / Revenue 0.64 x 0.12 x 0.04 x 0.26 x 0.28 x 0.23 x
EV / Revenue 4.53 x 2.72 x 2.76 x 3.08 x 2.81 x 2.39 x
EV / EBITDA 69.3 x 24.6 x 36.8 x 23.2 x 121 x 19 x
EV / FCF 5.65 x 25.8 x -5.7 x -25.8 x -12.2 x -36.3 x
FCF Yield 17.7% 3.87% -17.6% -3.87% -8.23% -2.76%
Price to Book 0.99 x 1.27 x 0.12 x 1.07 x 24.1 x -1.36 x
Nbr of stocks (in thousands) 2,432,457 2,432,457 2,432,457 2,443,366 2,453,726 2,454,596
Reference price 2 18.95 5.500 1.070 6.870 8.320 6.940
Announcement Date 11/27/18 8/31/19 9/8/20 9/8/21 8/31/22 9/8/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 72,536 108,912 71,133 65,643 74,009 74,392
EBITDA 1 4,739 12,040 5,336 8,722 1,714 9,372
EBIT 1 -3,080 4,677 -976.6 3,381 -3,575 4,202
Operating Margin -4.25% 4.29% -1.37% 5.15% -4.83% 5.65%
Earnings before Tax (EBT) 1 -23,516 -25,248 22,498 -6,586 -14,875 -7,852
Net income 1 -19,373 -21,104 10,957 -6,615 -14,780 -13,418
Net margin -26.71% -19.38% 15.4% -10.08% -19.97% -18.04%
EPS 2 -7.964 -8.681 4.496 -2.720 -6.025 -5.468
Free Cash Flow 1 58,104 11,479 -34,459 -7,833 -17,103 -4,903
FCF margin 80.1% 10.54% -48.44% -11.93% -23.11% -6.59%
FCF Conversion (EBITDA) 1,226.19% 95.34% - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 11/27/18 8/31/19 9/8/20 9/8/21 8/31/22 9/8/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 282,438 283,164 193,711 185,423 187,408 160,820
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 59.6 x 23.52 x 36.3 x 21.26 x 109.4 x 17.16 x
Free Cash Flow 1 58,104 11,479 -34,459 -7,833 -17,103 -4,903
ROE (net income / shareholders' equity) -43.3% -77% 104% -35.9% -189% 131%
ROA (Net income/ Total Assets) -0.35% 0.55% -0.13% 0.58% -0.61% 0.7%
Assets 1 5,584,607 -3,832,141 -8,338,584 -1,137,236 2,439,379 -1,920,467
Book Value Per Share 2 19.20 4.340 8.970 6.390 0.3400 -5.100
Cash Flow per Share 2 1.440 0.7800 0.7400 2.090 1.260 1.330
Capex - 1,299 2,788 1,081 1,664 1,153
Capex / Sales - 1.19% 3.92% 1.65% 2.25% 1.55%
Announcement Date 11/27/18 8/31/19 9/8/20 9/8/21 8/31/22 9/8/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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