Why is Jyoti Structures Ltd ?
1
High Debt company with Weak Long Term Fundamental Strength
- Poor long term growth as Operating profit has grown by an annual rate 15.27% of over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at 112.69 times
- The company has been able to generate a Return on Capital Employed (avg) of 0.46% signifying low profitability per unit of total capital (equity and debt)
2
Flat results in Sep 25
- OPERATING CF(Y) Lowest at Rs -177.29 Cr
- INVENTORY TURNOVER RATIO(HY) Lowest at 5.12 times
- PAT(Q) At Rs 9.72 cr has Fallen at -6.6% (vs previous 4Q average)
3
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Heavy Electrical Equipment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Jyoti Structures for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Jyoti Structures
-61.06%
-1.09
56.23%
Sensex
4.83%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
260.55%
EBIT Growth (5y)
15.27%
EBIT to Interest (avg)
1.89
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
3.25
Sales to Capital Employed (avg)
0.14
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.49%
ROCE (avg)
0.69%
ROE (avg)
68.06%
Valuation Key Factors 
Factor
Value
P/E Ratio
30
Industry P/E
37
Price to Book Value
2.58
EV to EBIT
99.85
EV to EBITDA
73.26
EV to Capital Employed
1.37
EV to Sales
4.86
PEG Ratio
1.57
Dividend Yield
NA
ROCE (Latest)
1.37%
ROE (Latest)
8.72%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
13What is working for the Company
NET SALES(Latest six months)
At Rs 306.76 cr has Grown at 56.69%
PAT(Latest six months)
At Rs 20.88 cr has Grown at 71.85%
DEBTORS TURNOVER RATIO(HY)
Highest at 0.28 times
-9What is not working for the Company
OPERATING CF(Y)
Lowest at Rs -177.29 Cr
INVENTORY TURNOVER RATIO(HY)
Lowest at 5.12 times
PAT(Q)
At Rs 9.72 cr has Fallen at -6.6% (vs previous 4Q average
NON-OPERATING INCOME(Q)
is 45.33 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Jyoti Structures
Net Sales - Latest six months
At Rs 306.76 cr has Grown at 56.69%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 0.28 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Jyoti Structures
Inventory Turnover Ratio- Half Yearly
Lowest at 5.12 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Operating Cash Flow - Annually
Lowest at Rs -177.29 Cr
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 9.72 cr has Fallen at -6.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 10.41 CrMOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)
Non Operating Income - Quarterly
is 45.33 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT






