MarketFriction

Jindal Cotex Ltd

NSE JINDCOT · Other Textile Products
₹2.50 +4.17%
NSE close2022-11-28
Market cap₹11.2 Cr.
No trades in 30 days

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales2.202.440.000.000.000.010.000.000.000.000.005.37
Expenses24.090.760.330.360.930.580.300.940.310.330.515.72
Operating Profit-21.891.68-0.33-0.36-0.93-0.57-0.30-0.94-0.31-0.33-0.51-0.35
OPM %-995.00%68.85%-5,700.00%-6.52%
Other Income115.080.748.191.341.910.470.569.30-5.190.780.820.52
Interest0.060.230.490.250.250.260.270.270.280.280.290.30
Depreciation0.990.000.000.000.000.000.000.000.000.000.000.00
Profit before tax92.142.197.370.730.73-0.36-0.018.09-5.780.170.02-0.13
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit92.142.197.360.730.72-0.36-0.018.09-5.790.160.02-0.14
EPS in Rs20.470.491.640.160.16-0.08-0.001.80-1.290.040.00-0.03
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales347.86187.34100.82175.09231.5783.9032.7828.3515.222.440.015.37
Expenses340.26244.32113.37176.45239.8780.1633.2328.0217.902.202.146.87
Operating Profit7.60-56.98-12.55-1.36-8.303.74-0.450.33-2.680.24-2.13-1.50
OPM %2.18%-30.42%-12.45%-0.78%-3.58%4.46%-1.37%1.16%-17.61%9.84%-21,300.00%-27.93%
Other Income2.500.951.741.891.7316.2423.691.51110.6212.185.14-3.07
Interest47.8558.6861.940.701.770.830.910.830.901.401.071.15
Depreciation12.1319.4720.0919.5219.946.216.126.035.460.010.010.00
Profit before tax-49.88-134.18-92.84-19.69-28.2812.9416.21-5.02101.5811.011.93-5.72
Tax %0.10%0.00%-0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-49.92-134.17-92.82-19.68-28.2812.9416.20-5.02101.5811.001.93-5.75
EPS in Rs-11.09-29.81-20.63-3.91-4.932.883.60-1.1222.572.440.43-1.28
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-65%-84%-93%53600%
Compounded Profit Growth7%5%20%65%
Stock Price CAGR-17%-6%%%
Return on Equity%-3%-2%-1%
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital45.0045.0045.0045.0045.0045.0045.0045.0045.0045.0045.0045.00
Reserves236.1159.88-32.94-48.96-71.8017.0433.0127.99129.57140.59142.52142.70
Borrowings462.62541.65599.15611.39605.84240.91215.98212.5254.1145.2944.6844.64
Other Liabilities84.1749.4554.1551.5765.5016.0910.2410.8017.485.713.573.58
Total Liabilities827.90695.98665.36659.00644.54319.04304.23296.31246.16236.59235.77235.92
Fixed Assets233.24266.80253.52234.81217.4966.1959.6353.614.682.132.112.11
CWIP199.9689.1882.2781.9346.670.000.000.000.000.000.000.00
Investments0.020.200.200.200.201.111.111.111.111.121.121.12
Other Assets394.68339.80329.37342.06380.18251.74243.49241.59240.37233.34232.54232.69
Total Assets827.90695.98665.36659.00644.54319.04304.23296.31246.16236.59235.77235.92
Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity-4.0844.64-78.66-50.442.006.3093.0424.223.46113.175.59-0.05
Cash from Investing Activity-16.79-32.29-5.541.030.89-3.21274.211.681.6845.194.381.92
Cash from Financing Activity28.520.5972.6746.43-5.49-2.92-373.98-25.84-4.29-159.31-10.03-1.77
Net Cash Flow7.6512.94-11.53-2.98-2.590.16-6.730.070.85-0.96-0.060.10
Free Cash Flow-20.7730.51-66.58-50.211.581.7892.2124.353.45156.638.13-0.05
CFO/OP-9%587%138%402%-147%-76%2,488%-5,382%1,048%-4,223%2,329%2%
Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days249.27330.32537.04956.27569.13439.30761.411,880.012,165.024,005.4124,459.495,917,015.00
Inventory Days27.8428.0032.2477.3745.7128.1412.1519.0128.455.91116.14
Days Payable146.1944.3262.40146.69110.79127.2470.32135.14185.24313.523,135.68
Cash Conversion Cycle130.91314.01506.87886.95504.04340.21703.241,763.882,008.233,697.7921,439.945,917,015.00
Working Capital Days86.30144.54301.95500.65287.49437.28754.101,998.702,271.754,018.6025,621.806,278,365.00
ROCE %6.01%-0.28%-10.79%-4.90%-3.10%-4.32%-0.23%-1.68%-1.38%-2.49%0.89%-0.09%
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters21.05%21.05%21.05%21.05%21.05%21.05%21.05%22.16%22.16%22.16%22.16%22.16%
FIIs0.59%0.59%0.59%0.59%0.59%15.53%15.53%11.09%11.09%11.09%11.09%11.09%
DIIs14.94%14.94%14.94%14.94%14.94%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public63.42%63.42%63.42%63.42%63.42%63.42%63.42%66.75%66.76%66.76%66.76%66.75%
No. of Shareholders7,7367,8178,3759,2309,2759,3609,4959,4959,4909,4879,4839,480

Fundamentals

Market Cap₹ 11.2 Cr.
Current Price₹ 2.50
Book Value₹ 41.7
ROCE-0.09 %
ROE-0.69 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)53600%
Compounded Profit Growth (TTM)65%
Consolidated figures.
Valuation
Market capRs 11 Cr
Enterprise valueRs 56 Cr
Price to book0.06x
Price to sales1125.00x
EV / sales5572.00x
Earnings yield-51.11%
P/E, 3-year average0.59x
P/B, 3-year average0.08x
P/E, 5-year average0.53x
P/B, 5-year average0.09x
Profitability
Operating margin (excl. other income)-21300.00%
Operating margin (incl. other income)30100.00%
EBITDA margin-45600.00%
Pre-tax margin-57200.00%
Net profit margin-57500.00%
Net margin, latest quarter-2.61%
ROE1.03%
ROCE1.30%
ROA0.82%
ROE, 3-year average29.74%
ROCE, 3-year average15.52%
ROA, 3-year average14.28%
ROE, 5-year average21.14%
ROCE, 5-year average10.17%
ROA, 5-year average9.27%
ROIC (approx.)-1.97%
Other income / net worth2.74%
Growth
Sales growth (latest year)-99.59%
Profit growth (latest year)-82.45%
Sales CAGR, 3 years-92.93%
Sales CAGR, 5 years-83.58%
Profit CAGR, 5 years-31.65%
Profit growth QoQ-800.00%
Profit growth YoY (latest quarter)-101.73%
Per share
EPS (TTM)Rs -1.28
EPS (latest quarter)Rs -0.03
EPS, 3-year averageRs 12.51
EPS, 5-year averageRs 6.88
Book value per shareRs 41.67
Sales per shareRs 0.00
Cash flow per shareRs -0.01
Free cash flow per shareRs -0.01
Efficiency
Asset turnover0.00x
Fixed asset turnover0.00x
Inventory turnover0.00x
Debtor days5917015 days
Debtors turnover0.00x
Creditor days3136 days
Cash conversion cycle5917015 days
Working capital days6278365 days
Leverage
Total debtRs 45 Cr
Cash and bankRs 0 Cr
Net debtRs 44 Cr
Debt to equity0.24x
Interest coverage-3.97x
Owners' fund to total sources79.54%
Debt to assets18.95%
Cash flow
Cash from Operating Activity (latest year)Rs -0 Cr
Cash from Investing Activity (latest year)Rs 2 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -0 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Cash from ops / profit, 5 years1.16x
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Sales (latest quarter)Rs 5 Cr
Operating profit excl. other income (latest year)Rs -2 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs -3 Cr
EBITDA (TTM)Rs -5 Cr
PBDT (TTM)Rs -6 Cr
Profit before tax (TTM)Rs -6 Cr
Net profit (TTM)Rs -6 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 5 Cr
Share capitalRs 45 Cr
ReservesRs 143 Cr
Shareholders' fundsRs 188 Cr
Total assetsRs 236 Cr
Net blockRs 2 Cr
InvestmentsRs 1 Cr
ReceivablesRs 162 Cr
InventoryRs 0 Cr
Other liabilitiesRs 4 Cr
Shares outstanding (crore)4.50
Ownership
Promoter holding22.16% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.06 is the lowest in 3.2 years (median 0.20).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodJINDCOTNifty 50Difference
1 week+13.6%-2.8% +16.4 pts
1 month-12.3%-6.8% -5.5 pts
3 months-21.9%-7.6% -14.3 pts
6 months+42.9%+0.4% +42.5 pts
1 year+11.1%-9.9% +21.0 pts
2 years-63.0%-13.6% -49.4 pts
3 years+38.9%+14.2% +24.7 pts
5 years-77.5%+27.9% -105.4 pts

Red flags

F-score 3 of 8
explainReceivables outrunning sales Receivables grew -1% vs sales -100% in 2024
lookInventory outrunning sales Inventory grew 0% vs sales -100% in 2024
lookProfit leans on other income Other income was 266% of pre-tax profit in 2024
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Dec 2024
Sales ₹5 Cr. Net loss ₹0 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2023-09-22Annual General Meeting
2022-09-22Annual General Meeting
2021-09-08 Annual General Meeting
2020-12-23 Annual General Meeting
2019-09-25 Annual General Meeting
2018-09-25 Annual General Meeting
2017-09-21 Annual General Meeting
2016-09-22 Annual General Meeting
2015-09-23 Annual General Meeting
2014-09-25Annual General Meeting
2013-09-26Annual General Meeting
2012-09-25Annual General Meeting
2011-09-23Annual General Meeting
2010-09-22Annual General Meeting
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2017-12-08NCLATVarda Spining & Weaving Mills Pvt. Ltd. VS Jindal Cotex Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Jindal Cotex Ltd?

Jindal Cotex Ltd (JINDCOT) has a market capitalisation of Rs 11.2 Cr. at the 2022-11-28 close.

What were Jindal Cotex Ltd's latest quarterly results?

In the Dec 2024 quarter, Jindal Cotex Ltd sales was Rs 5 Cr with a net loss of Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03