Jindal Cotex Ltd (JINDCOT) — shareholding pattern, promoter holding, financials and share price
About Jindal Cotex Ltd (JINDCOT)
Jindal Cotex Ltd operates in the Other Textile Products industry, within the Textiles sector. It trades on the NSE as JINDCOT and on the BSE under scrip code 533103. Its ISIN is INE904J01016.
Incorporated in 1988, Jindal Cotex Ltd is engaged in manufacturing and sales of Textiles as well as generation and sale of energy from wind mill.
Listed peers in Other Textile Products: Garware Marine Industries Ltd, Seasons Textiles Ltd, Santosh Fine Fab Ltd, Eureka Industries Ltd, Niraj Ispat Industries Ltd, Sri Lakshmi Saraswathi Textiles (Arni) Ltd.
Valuation & Returns
At ₹2.5 a share, Jindal Cotex Ltd (JINDCOT) was valued at a price-to-earnings ratio of 4.55x against an industry P/E of 32.15x and a price-to-book of 0.06x on a book value of ₹41.71 per share. Solomo computes return on equity of -0.66% and return on capital employed of -0.05% from filed results.
- P/E
- 4.55x
- Industry P/E
- 32.15x
- P/B
- 0.06x
- Book value / share
- ₹41.71
- ROE
- -0.66%
- ROCE
- -0.05%
- ROA
- -2.44%
- Debt / equity
- 0.24x
- Dividend yield
- 0%
- EBITDA margin
- -85.29%
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2024In the year ended Mar 2024, Jindal Cotex Ltd (JINDCOT) reported revenue of ₹0.01 crore, net profit of ₹1.93 crore and earnings per share of ₹0.43. That compares with revenue of ₹2.44 crore and net profit of ₹11 crore in Mar 2023. Figures are consolidated, as filed with the exchanges.
In the quarter ended Dec 2024, revenue was ₹5.37 crore and net profit ₹-0.14 crore (consolidated).
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 32.78 | 28.35 | 15.22 | 2.44 | 0.01 |
| Net profit (₹ cr) | 16.2 | -5.02 | 101.58 | 11 | 1.93 |
| EPS (₹) | 3.6 | -1.12 | 22.57 | 2.44 | 0.43 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -40.59% | -41.61% | -57.99% | -84.00% |
| Profit growth | - | - | -6.47% | -89.17% |
| Stock price CAGR | -15% | -2% | - | - |
Ownership Summary
Sep 2024As of Sep 2024, promoters hold 22.16% of Jindal Cotex Ltd (JINDCOT) (unchanged from the previous quarter), foreign institutional investors (FII) hold 10.47%. Promoters have pledged 93.9% of their holding. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Sep 2024: CLAREVILLE CAPITAL OPPORTUNITIES MASTER FUND LIMITED 10.47%, KHUSHRU DALI PETIGARA 4.64%, SWING INFRASPACE PRIVATE LIMITED. 3.19%, GIRABEN ATULBHAI SHAH 3.14%, KEYURKUMAR AMRUTLAL PATEL 2.69%, NUPUR ANIL SHAH 2.63%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Sep 2024 | 22.16% | 93.9% | 10.47% | - | 77.84% |
| Jun 2024 | 22.16% | 93.9% | - | 10.47% | 77.84% |
| Mar 2024 | 22.16% | 93.9% | 11.09% | - | 77.84% |
| Dec 2023 | 22.16% | 93.9% | 11.09% | - | 77.84% |
| Sep 2023 | 22.16% | 93.9% | 11.09% | - | 77.84% |
| Jun 2023 | 22.16% | 93.9% | 11.09% | - | 77.84% |
| Mar 2023 | 22.16% | 93.9% | 11.09% | - | 77.84% |
| Dec 2022 | 21.05% | 93.9% | 15.53% | - | 78.95% |