📝 Jaybharat Text — results explained
Quarter ended December 2019 (Q3 FY20)
Jaybharat Text reported revenue of ₹8 crore for the quarter ended December 2019 (Q3 FY20), up 444.2% from ₹2 crore in the same quarter last year, and down 1.4% sequentially over the September 2019 quarter.
The company reported a net loss of ₹7 crore, against a net loss of ₹5 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-0.20.
Operating profit stood at ₹-3 crore — an operating margin (OPM) of -32.0%, compared with 0.6% in the year-ago quarter.
Full year and trailing twelve months
For the full year FY20, Jaybharat Text posted revenue of ₹26 crore, a decline of 14.6% over FY19, with a net loss of ₹17 crore.
On a trailing-twelve-month (TTM) basis, revenue stands at ₹31 crore with a net loss of ₹39 crore.
Valuation snapshot
At the current price of ₹21.50, 512233 has a market capitalisation of ₹819 crore.
Within the Other Textile Products industry, it is the 3rd-largest of the 158 companies we track by market value.
Shareholding pattern
As of Mar 2023, promoters held 68.55%, foreign institutional investors (FIIs) 0.01%, domestic institutional investors (DIIs) 0.61%, public shareholders 30.83% of Jaybharat Text.