Sunday, October 4, 2020

Jyothy Labs Ltd : On a Debt Free Path

Jyothy Labs Ltd closes   at 548.45 with  a  Gain   of  +0.60%   on   01-Oct-2020   with formation of  a  Green Candle    on Daily  Price Chart.
About the Company : Jyothy Laboratories is principally engaged in manufacturing and marketing of fabric care, dishwashing, personal care and household insecticides products. Jyothy Labs Ltd has posted Net Sales / Revenue   of 1711.70 Cr & Net Profit of 17027 Cr in FY2020 and expected to post Net Sales / Revenue   of 1846.75 Cr & Net Profit  of 200.40Cr in FY2021.

Strength : 1. Net debt of the company is about Rs. 80 crore and it is around 3-4 months of net cash flows. At the current rate, there is neither any planned capex nor any major investment plan. By the December quarter, Cos. should be debt-free.

2.. Hopeful for a good business performance in the coming quarters.


Valuations  : Valuations  :  The Company is now Trading at X 2..50  of its  valuations ( last 4Quaters earnings considered here)at ~150% premium  and at X1.63  of its FY 2021, which is now almost  ~67%  Premium to its value .

Margin of Safety (1Yr Bond Yield: Value>1 ) is now 0.6; any downslide makes it attractive.

Return on Equity (ROE) which is now 13.62  for FY2020 will improve to  16.07% in FY2021 and EPS will improve from 4.64 in FY2020 to 5.46 in FY2021

Disclaimer : We are / may going to take exposure shortly.

Join Us at   Telegram #

Data Source | NSE Website | Screener.In  | Capital Line | Money Control |

The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method. You can reach me/us at | Twitter # NiftyNext1 |  e-Mail : Mail@NiftyNext.Com  |  Tel +91 8802230836  |  Telegram # TheNiftyNext   |

No comments:

Post a Comment

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.


The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.

Blog Archive