JUBILANT INGREVIA has announced its results for the year ended March 2024. Let us have a look at the detailed performance review of the company during FY23-24.
No. of Mths Year Ending | 12 Mar-23* | 12 Mar-24* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 47,727 | 41,358 | -13.3% |
Other income | Rs m | 334 | 353 | 5.8% |
Total Revenues | Rs m | 48,061 | 41,711 | -13.2% |
Gross profit | Rs m | 5,471 | 4,211 | -23.0% |
Depreciation | Rs m | 1,222 | 1,362 | 11.4% |
Interest | Rs m | 216 | 527 | 144.0% |
Profit before tax | Rs m | 4,367 | 2,676 | -38.7% |
Tax | Rs m | 1,292 | 847 | -34.4% |
Profit after tax | Rs m | 3,075 | 1,829 | -40.5% |
Gross profit margin | % | 11.5 | 10.2 | |
Effective tax rate | % | 29.6 | 31.7 | |
Net profit margin | % | 6.4 | 4.4 |
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No. of Mths Year Ending | 12 Mar-23* | 12 Mar-24* | % Change | |
---|---|---|---|---|
Networth | Rs m | 26,622 | 27,279 | 2.5 |
Current Liabilities | Rs m | 11,796 | 12,861 | 9.0 |
Long-term Debt | Rs m | 1,500 | 4,256 | 183.7 |
Total Liabilities | Rs m | 42,490 | 47,192 | 11.1 |
Current assets | Rs m | 18,180 | 17,799 | -2.1 |
Fixed Assets | Rs m | 24,310 | 29,393 | 20.9 |
Total Assets | Rs m | 42,490 | 47,192 | 11.1 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-23 | Mar-24 | ||
Cash Flow from Operating Activities | Rs m | 4,625 | 4,300 | -7.0% |
Cash Flow from Investing Activities | Rs m | -4,719 | -5,688 | - |
Cash Flow from Financing Activities | Rs m | 416 | 1,441 | 246.5% |
Net Cash Flow | Rs m | 351 | 61 | -82.7% |
No. of Mths Year Ending | 12 Mar-23* | 12 Mar-24* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 299.6 | 259.7 |
TTM Earnings per share | Rs | 19.3 | 11.5 |
Diluted earnings per share | Rs | 19.3 | 11.5 |
Price to Cash Flow | x | 13.3 | 22.1 |
TTM P/E ratio | x | 18.6 | 63.8 |
Price / Book Value ratio | x | 2.8 | 2.6 |
Market Cap | Rs m | 75,121 | 70,629 |
Dividends per share (Unadj.) | Rs | 5.0 | 5.0 |
Current Ratio: The company's current ratio deteriorated and stood at 1.4x during FY24, from 1.5x during FY23. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 6.1x during FY24, from 21.2x during FY23. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at 6.7% during FY24, from 11.6% during FY24. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company declined and down at 10.2% during FY24, from 16.3% during FY23. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company declined and down at 5.0% during FY24, from 7.7% during FY23. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-23* | 12 Mar-24* | |
---|---|---|---|
Current ratio | x | 1.5 | 1.4 |
Debtors’ Days | Days | 39 | 50 |
Interest coverage | x | 21.2 | 6.1 |
Debt to equity ratio | x | 0.1 | 0.2 |
Return on assets | % | 7.7 | 5.0 |
Return on equity | % | 11.6 | 6.7 |
Return on capital employed | % | 16.3 | 10.2 |
To see how JUBILANT INGREVIA has performed over the last 5 years, please visit here.
Over the last one year, JUBILANT INGREVIA share price has moved up from Rs 431.0 to Rs 696.2, registering a gain of Rs 265.2 or around 61.5%.
Overall, the S&P BSE SENSEX is up 21.4% over the year.
(To know more, check out historical annual results for JUBILANT INGREVIA and quarterly results for JUBILANT INGREVIA)
JUBILANT INGREVIA currently trades at Rs 680.6 per share. You can check out the latest share price performance of JUBILANT INGREVIA here...
The revenues of JUBILANT INGREVIA stood at Rs 41,711 m in FY24, which was down -13.2% compared to Rs 48,061 m reported in FY23.
JUBILANT INGREVIA's revenue has grown from Rs 0 m in FY20 to Rs 41,711 m in FY24.
Over the past 5 years, the revenue of JUBILANT INGREVIA has grown at a CAGR of Infinity%.
The net profit of JUBILANT INGREVIA stood at Rs 1,829 m in FY24, which was down -40.5% compared to Rs 3,075 m reported in FY23.
This compares to a net profit of Rs 4,767 m in FY22 and a net profit of Rs 544 m in FY21.
Over the past 5 years, JUBILANT INGREVIA net profit has grown at a CAGR of NaN%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of JUBILANT INGREVIA reveals:
Here's the cash flow statement of JUBILANT INGREVIA for the past 5 years.
(Rs m) | FY20 | FY21 | FY22 | FY23 | FY24 |
---|---|---|---|---|---|
From Operations | 0 | 1,123 | 4,527 | 4,625 | 4,300 |
From Investments | 0 | -437 | -719 | -4,719 | -5,688 |
From Financial Activity | 1 | -724 | -4,178 | 416 | 1,441 |
Net Cashflow | 1 | 733 | -357 | 351 | 61 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of JUBILANT INGREVIA reveals:
Here's the ratio/financial analysis of JUBILANT INGREVIA for the past 5 years.
FY20 | FY21 | FY22 | FY23 | FY24 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 0.0 | 15.2 | 16.8 | 11.5 | 10.2 |
Net Profit Margin (%) | 0.0 | 7.9 | 9.6 | 6.4 | 4.4 |
Debt to Equity Ratio (x) | 0.0 | 0.2 | 0.0 | 0.1 | 0.2 |
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