Skip to main content

Jyoti Resins and Adhesives Q4&FY21 Business Updates

 


             Jyoti Resins and Adhesives ltd 

          

Q4 & FY21 Business Updates 


Company overview - 

• JYOTI RESINS AND ADHESIVES LTD is a manufacturer of synthetic resin adhesives. The Company manufactures various types of wood adhesives (white glue) under the brand name of EURO 7000.

• The company launched its brand “Euro7000” in 2006.

• The company has steadily increased its plant (at Santej, Ahmedabad) capacity to 1000 Tonnes per month.

• Euro 7000has today grown exponentially and is now the second largest (No2) selling wood adhesive (white glue) brand in India in the retail segment.

•The company’s successs so far in this business is an outcome of its strategic vision focus on delivering world class products and services to its customers.

• Today it a services 12 states in India through 20 branches and 50 distributors,cateringto 10,000 retailers and 3 lac carpenters across India. A 300 strong sales force plays a key role in this process.


Q4&FY21 Financials - (in million inr)



Q4&FY21 Operational Highlights - 

* Management says that, we are toward to increase the capacity from 1000 TPM to 1500 TPM.

* Management say that, we are now the 2nd largest wood seller brand in India (retail segment).

* Management declared 30% dividend in FY21.

* Management say that, we are now debt free.


FY-21Financials Highlights - 

* Revenue - 101 crore

* EBITDA margin - 10.3

* Net profit margin - 10.2

* ROCE - 44%

* ROE - 33.6%

* ROA - 9.3%

* Debt to equity - 0

* Interest coverage ratio - 232

* Reverse are at - 40 crore

* Fixed assets are at - 39 crore

* Debtor days - 188 days

* Inventory turnover ratio - 7.37

* Promotor holding - 48.98%


——————————————————————

                    Thank you for reading 


Location: India

Comments

Post a Comment

Popular posts from this blog

RACL Geartech stock analysis | Fundamental analysis | Best micro cap stock to invest

    Fundamental Analysis of Racl Geartech 1 .  Company and its industry  2.  Management and its business model 3.  Fundamentals 4.  Growth  5.  Valuation ————————————————                               Company Overview  - RACL is established in 1989 for producing automotive components in the field of motorcycle & scooter, 3&4 vehicles, cargo vehicles, agriculture machinery, tractor, ATV, light & heavy commercial vehicles, etc. * Share- holding pattern -  * Subsidiary -  RACL Geartech GmbhH ( Austria) || 100% holding. * Extra information 1. CSR expenditure - 20.55 lakhs 2. Salary to employees - 24.82 crore                                          Industry * India is the 5th largest auto market in the world. * India is the 7th largest manufacturer of commercial vehicles. * The Indian auto components industry has experienced healthy growth over the last few years  * In 2018-2019, the turnover of the Indian auto components industry was 3,95,902 crore. Its contribution to GDP
1 comment
Read more

Au small finance bank share Q4&FY21 Business Updates | q4 result | au small finance bank news

                 AU SMALL FINANCE BANK   Q4&FY21 BUSINESS UPDATES   Key Q4FY21 Highlight -  Q4FY21 Quarterly Result -  Key FY21 Financial Highlights -  FY21 Annual Result -  Other Income Statement -  Balance Sheet -  Assets & Liabilities Breakup -  Key FY21 Operational Highlights -  ➢ Strong rebound in disbursement in H2 (Vehicle, SBL and Housing)  ➢ 77% of total FY21 disbursement in H2 (47% YoY growth) ➢ Deposits continue to scale driven by increasing brand awareness, branch expansion and improved digital offering ➢ Improved CASA ratio from 14% to 23% ➢ Overall Cost of Funds reduced by 86 bps to 6.83% from 7.69% in FY20 ➢ GNPA of ₹ 1,503 Cr (4.3%), of which ➢ >90DPD portfolio - ₹ 962 Cr (2.7%)  ➢ <90 DPD portfolio - ₹ 541 Cr (1.5%) ➢ Collection efficiency was >100% in each month of Q4FY21 ➢ PAT (ex-Aavas) grew YoY despite accelerated provisions in FY21 ➢ Deposit are at 35,979 crore ( Growth of 38%)(y-o-y) Share Holdings Pattern - 
Post a Comment
Read more