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Jai Corp Ltd dividend

Jai Corp Ltd dividend

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₹ 2.6 Cr

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68.9 K

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Jai Corp Ltd

NSE: JAICORPLTD

DPS

0.5

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Jai Corp Ltd is ₹ 0.5 as of 2023 .a1#The Dividend Payout of Jai Corp Ltd changed from 40.51 % on March 2019 to 256.47 % on March 2023 . This represents a CAGR of 44.64% over 5 years. a1#The Latest Trading Price of Jai Corp Ltd is ₹ 380 as of 14 Jun 15:30 .a1#The Market Cap of Jai Corp Ltd changed from ₹ 2060 crore on March 2019 to ₹ 2470 crore on March 2023 . This represents a CAGR of 3.70% over 5 years. a1#The Revenue of Jai Corp Ltd changed from ₹ 200.6 crore to ₹ 139.72 crore over 8 quarters. This represents a CAGR of -16.54% a1#The EBITDA of Jai Corp Ltd changed from ₹ 23.27 crore to ₹ 32.7 crore over 8 quarters. This represents a CAGR of 18.54% a1#The Net Profit of Jai Corp Ltd changed from ₹ 14.19 crore to ₹ 23.47 crore over 8 quarters. This represents a CAGR of 28.61% a1#

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Share Price Vs Dividend Yield

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Fundamental Metrics

Market Cap

5,100 Cr

EPS

3.0

P/E Ratio (TTM) *

96.3

P/B Ratio (TTM) *

3.4

DTE *

0.0

ROE *

3.5

ROCE *

4.8

Dividend Yield *

0.36

DPS *

0.5

Dividend Payout *

256.47

Ann.Dividend % *

50

* All values are consolidated

* All values are consolidated

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Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1941
Mar '2022
Mar '219
Mar '2216
Mar '23256

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Jai Corp Ltd

NSE: JAICORPLTD

PRICE

380

-6.80 (-1.76%)

stock direction

Last updated : 14 Jun 15:30

SWOT Analysis Of Jai Corp Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

Dividend Overview for Jai Corp Ltd

  • Jai Corp Ltd, boasts of a market capitalization of Rs 5101 Cr., with a share price of Rs 380.00 as of 14 Jun 15:30. While all stocks don't consistently pay dividends, Jai Corp Ltd rewarded its shareholders, distributing 256.5 % for the full year.
  • In the year ending 2022, Jai Corp Ltd declared a dividend of Rs 1, resulting in a dividend yield of 0.5% Assessing its dividend-paying capacity and valuation is crucial to determine its suitability as a dividend stock.
  • During the year ending 2023, Jai Corp Ltd recorded revenues of Rs 463 Cr, with a trailing EBITDA Margin of 18.1% and net-profit of Rs 53 Cr

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '192060
Mar '20902
Mar '211507
Mar '221950
Mar '232471

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22201
Sep '22152
Dec '22135
Mar '22133
Jun '23122
Sep '23124
Dec '23114
Mar '23140

* All values are a in crore

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EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '2223
Sep '2211
Dec '2215
Mar '22-32
Jun '2313
Sep '2319
Dec '2319
Mar '2333

* All values are a in crore

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Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2214
Sep '223
Dec '228
Mar '22-39
Jun '236
Sep '2312
Dec '2312
Mar '2323

* All values are a in crore

About Jai Corp Ltd

About Jai Corp Ltd

    Jai Corp Limited (JCL) was incorporated in 6th June of the year 1985. The Company is engaged in manufacturing of Flexible intermediate bulk containers (FIBC Jumbo Bags), woven sacks and fabrics, Master Batch, PP Staple Fibre and Geotextiles, spun yarn and production, processing and trading of CR steel coils and sheets, GP/GC Coils/Sheets and HR Coils / Plates and involved in investment advisory services, development of land and buildings. Apart from expansion of its plastic processing business, the company is now focusing and investing in emerging opportunities like developing SEZs, infrastructure, venture capital and real estate. The Company obtained Certificate of Commencement of Business in 12th June of the year 1985. After a month, in July of the same year Jai Corp entered into the capital market with a public issue. JCL's own manufacturing facility with an installed capacity of 800 t.p.a at Murbad in Maharashtra was commenced commercial production in January of the year 1987 to manufacture HDPE/PP Woven Sacks. The second unit went on stream in January of the year 1990 with an installed capacity of 1,200 t.p.a at Murbad for manufacturing of FIBC fabrics and HDPE/PP Woven sacks. The Company then had set up its third unit at Silvassa, for manufacturing FIBC, popularly known as Jumbo Bags, where the commercial production commenced in February of the year 1992. The name of the company was changed from Jai Fibres Ltd to Jai Fibre Industries Ltd. A fresh certificate consequent to this name change was obtained in 6th December of the year 1993. Again the name was changed to Jai Corp Limited. As of 30th August 1994, consequent to the name change, a fresh incorporation certificate was obtained. During the year 2000-01, the company had established technical services & development cell to optimize process energy consumption and machine development. The 100% Export Oriented Unit was established at Village Kahdoli, Silvassa for manufacture of woven sacks, fabric etc in the year 2002-03. The Company had discontinued its manufacturing operations at plastic processing unit situated at Rakholi (Silvassa) from November of the year 2003. Jai Corp had promoted three number of Special Purpose Vehicles (SPV) for generation, transmission and distribution of Power to Special Economic Zone area. These SPVs are co-developer under the provisions of SEZ Act, 2005. These Companies are as under, Urban Energy Generation Pvt. Ltd, Urban Energy Transmission Pvt. Ltd and Urban Energy Distribution Pvt. Ltd. In September of the year 2007, the company had acquired Urban Infrastructure Venture Capital, Pet Fibres, Urban Infrastructure Trustee and Prime Wovens. Venture Capital and Urban Infrastructure Trustee had become wholly owned subsidiaries of the company with effect from 20th September of the year 2007 and also in the same year, with effect from 10th December, Jai Realty Ventures became wholly owned subsidiary of the company. During the year 2007-08, the company made foray into the global real estate business through its subsidiary company based in Mauritius. Jai Corp had strategize its presence in the IT and Telecom business through one of the associate company Urban Infotech Solutions Pvt Ltd. During the year under review, 3,75,000 preference shares were redeemed at a premium in accordance with the terms of issue. After the redemption, 79,74,900 preference shares remained outstanding as at 31st March 2014. During the current financial year 2014-15, 3,00,000 preference shares were redeemed at a premium in accordance with the terms of issue. The Board has approved redemption of another 3,00,000 preference shares. At the 28th Annual General Meeting held on 28 September 2013, the shareholders had agreed to rollover these preference shares for a further period up to two years from the date these shares became due for redemption. During the year under review, 9,00,000 preference shares were redeemed at a premium in accordance with the terms of issue. After the redemption, 70,74,900 preference shares remained outstanding as at 31st March, 2015. During the current financial year 2015-16, 2,10,000 preference shares were redeemed and another tranche of 2,10,000 will be redeemed at a premium in accordance with the terms of issue. At the 28th Annual General Meeting held on 28th September 2013, the shareholders had agreed to rollover these preference shares for a further period up to two years from the date these shares become due for redemption. The Directors have received approval of the preference shareholders to rollover the outstanding 66,54,900 preference shares for a further period of two years and will seek the approval of the equity shareholders at the ensuing 30th Annual General Meeting. During the year under review, 6,30,000 preference shares were redeemed at a premium in accordance with the terms of issue. After the redemption, 64,44,900 preference shares remained outstanding as on 31st March, 2016. During the current financial year 2016-17, 1,50,000 preference shares were redeemed. After this redemption, 62,94,900 preference shares remained outstanding. At the 30th Annual General Meeting held on 23rd September 2015, the shareholders had agreed to rollover these preference shares for a further period up to two years from the date these shares become due for redemption i.e. up to 25th November 2017, with option for early redemption.During the year under review, 3,45,000 preference shares were redeemed at a premium in accordance with the terms of issue. After the redemption, 60,99,900 preference shares remained outstanding as on 31st March, 2017. During the current financial year 2017-1, 8,40,000 preference shares were redeemed. It is proposed to redeem another tranche of 2,70,000 preference shares on 10th August 2017. After that redemption, 49,89,900 preference shares shall remain outstanding. The Company is making continuous endeavor to redeem the preference shares and it is possible that more preference shares will be redeemed after 10th August 2017 till 25th November 2017. At the 30th Annual General Meeting held on 23rd September 2015, the equity shareholders had agreed to rollover these preference shares for a further period up to two years from the date these shares become due for redemption i.e. up to 25th November 2017, with option for early redemption. The Directors have received approval of the preference shareholders to rollover the preference shares that remain outstanding as at 25th November 2017 for a further period of two years and will seek the approval of the equity shareholders at the ensuing 32nd Annual General Meeting. During the year 2017, Assurene Products Corporation ceased to be a subsidiary company as this company was liquidated. During the year under review, 35,01,900 preference shares were redeemed at a premium in accordance with the terms of issue. After the redemption, 25,98,000 preference shares remained outstanding as on 31st March, 2018. During the year 2018-19, 4,50,000 preference shares were redeemed at a premium in accordance with the terms of issue. Subsequently, 3,60,000 preference shares were redeemed at a premium in accordance with terms of issue. After that redemption 17,88,000 preference shares will remain outstanding. The Directors have received approval of the preference share holders to rollover preference shares that remain outstanding at 25th November 2019 for a further period of two years, as with on option for early redemption and will seek the approval of the equity sharehoders at the ensuing 34th Annual General Meeting. In FY18-19, the Board of Directors had approved the Scheme of Amalgamation providing merger of its wholly owned subsidiary, Jai Realty Ventures Limited with the Company subject to the approvals of the other necessary regulatory authorities. The accounts of Jai Realty Ventures Limited are already being consolidated with that of the Company. During FY19, the Board decided to close down the Company's wholly owned subsidiary Jai Corp Welfare Foundation (a company incorporated under Section 8 of the Companies Act, 2013) and liquidate that company. During the FY2020. National Company Law Tribunal, Mumbai Bench (NCLT) has approved the Scheme of Amalgamation (The Scheme) of Jai Realivventures Limited (JRVL)(a whollyowned subsidiary) with the Company vide its order dated 14' February. 2020. The Scheme became effective from 19 March, 2020, the day on which the certified copy of the Scheme was filed with the Registrar of Companies, Mumbai. Appointed date of the Scheme is 1st April, 2019. The outbreak of COVID-19 virus continues to spread across the globe including India and has caused significant disturbance and slowdown of economic activity. Initially, the Group had to discontinue its respective manufacturing facilities following nationwide lock down by the Government of India in the last week of March 2020. Operations at manufacturing facilities have resumed in a phased manner. The Board of Directors at its meeting held on 29 June 2020 has approved discontinuation of the operations of the spinning division of the group in a phased manner. During the quarter ended 31 December 2020,the company has completed sale and transfer of Land & Building of one of the manufacturing units of the packaging division situated at Daman.

Jai Corp Ltd News Hub

News

Jai Corp Ltd leads gainers in 'A' group

Hindustan Construction Company Ltd, H.G. Infra Engineering Ltd, Reliance Industrial Infras...

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11 Jun 202412:00

News

Board of Jai Corp recommends final dividend

Jai Corp announced that the Board of Directors of the Company at its meeting held on 27 Ma...

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28 May 202410:44

News

Jai Corp schedules board meeting

Jai Corp will hold a meeting of the Board of Directors of the Company on 27 May 2024. Powe...

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03 May 202416:03

News

Jai Corp Ltd leads gainers in 'A' group

Triveni Engineering and Industries Ltd, Indiabulls Housing Finance Ltd Partly Paidup, Venu...

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22 Apr 202412:00

News

Jai Corp to discuss results

Jai Corp will hold a meeting of the Board of Directors of the Company on 8 February 2024. ...

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19 Jan 202410:41

News

Jai Corp to discuss results

Jai Corp will hold a meeting of the Board of Directors of the Company on 10 November 2023....

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26 Oct 202316:46

FAQs for dividends of Jai Corp Ltd

What is the current market price of Jai Corp Ltd Ltd as of June 15, 2024?

The current market price of Jai Corp Ltd Ltd stands at 380.0 per share.

What dividend did Jai Corp Ltd declare in the last fiscal year?

In the last fiscal year, Jai Corp Ltd declared a dividend totaling ₹0.5.

What is the most recent dividend declared by Jai Corp Ltd?

Jai Corp Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Jai Corp Ltd declared dividends in the current fiscal year

Jai Corp Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Jai Corp Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Jai Corp Ltd declared dividends 4 times totaling ₹0.
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