Share the post "JAGJANANI TEXTILES ‘s Q1 Update: Profit Falls by 100.26% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for JAGJANANI TEXTILES LIMITED. Profit dropped by -100.15 % Year to Year, JAGJANANI TEXTILES LIMITED’s profitability dropped by -77.78 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -100 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.06 Cr | Rs. 0.03 Cr | Rs. 0.01 Cr | -66.67 % | -83.33 % |
| Operating Profit | Rs. -0.06 Cr | Rs. -0.03 Cr | Rs. -0.01 Cr | + 66.67 % | + 83.33 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 3.982 Cr | Rs. 0.008 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 3.92 Cr | Rs. -0.02 Cr | Rs. -0.01 Cr | + 50 % | -100.26 % |
| Tax % | 0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. 3.92 Cr | Rs. -0.03 Cr | Rs. -0.01 Cr | + 66.67 % | -100.26 % |
| EPS in Rs | Rs. 2.51 | Rs. -0.02 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at JAGJANANI TEXTILES LIMITED’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -66.67 % quarter-on-quarter, aligning with the annual decline of -83.33 %. Operating profit, while up 83.33 % compared to last year, faced a quarter-on-quarter increase of 66.67 %, signaling a short-term expansion in margins.
Profit before tax declined annually by -100.26 % but saw an increase from the preceding quarter by 50 %.
Net profit fell by -100.26 % year-on-year but experienced a 66.67 % expansion from the last quarter. In summary, JAGJANANI TEXTILES LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.06 Cr | Rs. 0.03 Cr | Rs. 0.01 Cr | -66.67 % | -83.33 % |
| Operating Profit | Rs. -0.06 Cr | Rs. -0.03 Cr | Rs. -0.01 Cr | + 66.67 % | + 83.33 % |
| Net Profit | Rs. 3.92 Cr | Rs. -0.03 Cr | Rs. -0.01 Cr | + 66.67 % | -100.26 % |
| EPS in Rs | Rs. 2.51 | Rs. -0.02 | Rs. 0 | 0 % | 0 % |
In reviewing JAGJANANI TEXTILES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -83.33 % compared to the previous year, with a decrease of -66.67 % quarter-on-quarter. Operating Profit surged by 83.33 % annually, and saw a 66.67 % increase from the last quarter.
Net Profit showed yearly decrease of -100.26 %, and experienced a 66.67 % increase from the previous quarter. In essence, while JAGJANANI TEXTILES LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
32
3-Year Profit
25
5-Year Profit
9
10-Year Profit
283
Current Price
3,055
Market Cap
Upon examining the financial data for BSE code 540797, it becomes clear that the company achieved a notable five-year profit of 25 units, which impressively increased to 32 units in the three-year window. This upward trajectory, however, has been overshadowed by the latest trailing twelve-month (TTM) figures, which indicate a concerning loss of 26 units. This financial loss is further compounded by the fact that the company has not recorded any sales across any of the timeframes under consideration. Such an unusual situation might suggest that the company operates under an unconventional business model, which could potentially carry higher risks. In terms of stock performance, the company’s stock price has seen a decline, falling from 26 units over the five-year period to just 15 units in the last year. The ten-year average stock price, which sits at 0 units, highlights long-term volatility, casting doubt on the company's ability to sustain its market position over time. This warrants further investigation into the factors driving these fluctuations.
The company has a market capitalization of ₹3,055 crore and is currently trading at a stock price of ₹283. Over time, the stock has fluctuated between the historical highs and lows of ₹340 / 210, reflecting the market's volatility. With a Price-to-Earnings (P/E) ratio of 39.5, the stock appears highly valued, indicating that investors are willing to pay a premium for its earnings potential. The company's book value per share stands at ₹92.6, showcasing the underlying asset value. Additionally, the dividend yield is 0.42%, suggesting that the company offers shareholders a moderate return on their investment in the form of dividends. The Return on Capital Employed (ROCE) is 11.0%, indicating the efficiency with which the company generates profit from its capital. Meanwhile, the Return on Equity (ROE) is 8.16%, highlighting the profitability relative to shareholder equity. Despite these figures, the company maintains a very low debt-to-equity ratio of 0.38, signaling minimal leverage. It also reports a net cash flow of ₹14.9 crore, reflecting the company's ability to generate cash. The Piotroski score is 5.00, a measure of the company's financial strength, while the Graham Number estimates the intrinsic value of the stock at ₹123. The Price-to-Book (P/B) ratio of 3.05 further suggests that the stock is trading at a premium relative to its book value, potentially reflecting positive market sentiment or expectations of future growth.
