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  • Ashok K Dhingra

    Entrepreneur, Equity Analyst, Engineer.

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Jyoti Ltd.a stock for all seasons but specially when rain gods are playing truant

4th September 2009

Jyoti Ltd. is an ISO 9001:2008 Engg.Co. that caters to the requirement of

  • Power (Thermal, Hydel and Nuclear) generation, Transmission and Distribution.
  • Agriculture, providing irrigation through pumping systems.
  • Water supply and sewerage schemes.
  • Defense-particularly Naval and marine establishments.
  • Railways.
  • Core industries like steel, cement, paper, sugar, fertilizers, chemicals and Petro-chemicals.

 Recently, Jyoti Ltd. bagged a prestigious order Worth Rs.541 crores, the largest single order in its history and the largest pump order in India, from Govt. of Karnataka. The pending orders with the Co. amount to more than Rs. 1000 crores vs. its mkt. cap. of less than Rs. 52 crores at CMP of Rs. 40..Its most saleable system in India and abroad is the Jyoti Pumping System for large lift irrigation schemes:   (click on the link below )

http://www.jyoti.com/jyotipp_files/frame.htm

On the Financial front the Co. is expected to come out with better results during FY10 and subsequent years..

Scrip Code : 504076      Company : Jyoti Ltd

Type Audited Audited Audited Un-Audited
Period Ending 31-Mar-09 31-Mar-08 31-Mar-07 31-Mar-06
No. of Months 12 12 12 12
Description Amount(Rs. million)
Net Sales / Interest Earned / Operating Income 2,533.30 2,076.20 1,457.80 1,042.90
Other Income 5.60 4.10 3.40 2.50
Total Income 2,538.90 2,080.30 1,461.20 1,045.40
Expenditure -2,317.20 -1,828.10 -1,269.80 -915.70
Operating Profit 221.70 252.20 191.40 129.70
Interest -137.30 -123.60 -120.00 -96.10
Profit Before Depreciation and Tax 84.40 128.60 71.40 33.60
Depreciation -19.60 -17.60 -14.40 -14.50
Profit before Tax 64.80 111.00 57.00 19.10
Tax -16.80 -5.10 -1.80 25.10
Profit after Tax 48.00 105.90 55.20 44.20
Extraordinary Items -1.60 -1.20 -5.00 -
Net Profit 46.40 104.70 50.20 44.20
Equity Capital 129.80 126.90 126.90 115.60
Reserves 412.10 323.20 218.60 63.10
Basic And Diluted EPS after Extraordinary item 3.58 8.35 4.34 -
Nos. of Shares - Public 10,087,177.00 9,860,577.00 9,860,307.00 8,720,597.00
Percent of Shares-Public 77.68 77.73 77.73 75.41
Operating Profit Margin 8.75 12.15 13.13 12.44
Net Profit Margin 1.83 5.04 3.44 4.24
Cash EPS 5.08 9.64 - -
  Notes Notes Notes Notes
  Detailed Detailed    

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