Company Valuation: Jocil Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 821.5 1,277 1,716 1,345 1,501 1,228
Change - 55.41% 34.4% -21.58% 11.58% -18.21%
Enterprise Value (EV) 1 661.2 1,073 1,724 998.4 1,009 721.6
Change - 62.35% 60.58% -42.08% 1.09% -28.5%
P/E 6.58x 9.38x 24.1x 13.5x 86.9x 120x
PBR 0.46x 0.65x 0.84x 0.65x 0.71x 0.6x
PEG - 1.05x -0.5x 0.3x -1.1x -2.9x
Capitalization / Revenue 0.18x 0.23x 0.23x 0.15x 0.2x 0.14x
EV / Revenue 0.15x 0.19x 0.23x 0.11x 0.13x 0.08x
EV / EBITDA 3.52x 5.19x 11.3x 5.55x 19.4x 13.3x
EV / EBIT 5.03x 7x 19.9x 8.42x -111x -301x
EV / FCF -410x 19.3x -8.93x 2.91x 7.06x 28.5x
FCF Yield -0.24% 5.19% -11.2% 34.4% 14.2% 3.51%
Dividend per Share 2 3 3 2 2.5 1.5 0.5
Rate of return 3.24% 2.09% 1.04% 1.65% 0.89% 0.36%
EPS 2 14.07 15.32 8.025 11.25 1.945 1.148
Distribution rate 21.3% 19.6% 24.9% 22.2% 77.1% 43.5%
Net sales 1 4,462 5,654 7,536 9,193 7,532 8,656
EBITDA 1 188 206.6 152.1 179.9 51.91 54.31
EBIT 1 131.6 153.3 86.58 118.5 -9.087 -2.399
Net income 1 124.9 136.1 71.27 99.95 17.27 10.2
Net Debt 1 -160.3 -203.2 7.958 -347 -492 -506.4
Reference price 2 92.50 143.75 193.20 151.50 169.05 138.27
Nbr of stocks (in thousands) 8,881 8,881 8,881 8,881 8,881 8,881
Announcement Date 6/25/20 8/18/21 5/26/23 8/15/24 8/15/24 8/19/25
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 13.65M
27.27x4.29x13.8x2.11% 126B
15.09x4.56x31.93x2.54% 41.75B
34.9x1.23x7.61x6.63% 40.98B
12.5x1.21x6.88x2.45% 34.15B
10.39x3.09x7.89x4.24% 24.88B
8.86x0.86x5.27x4.64% 19.74B
17.04x - - - 18.81B
69.49x12.35x45.77x0.08% 17.79B
10.45x0.91x8.03x3.36% 17.55B
Average 22.89x 3.56x 15.90x 3.25% 34.18B
Weighted average by Cap. 23.70x 3.57x 15.10x 3.05%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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