Jainam Ferro Alloys (I) Ltd.
Snapshot View

174.25 -8.75 ▼-4.8%

24 May 2022, 03:31:16 PM
Volume: 22,000

Overview View Details

Sector Ferro Manganese Compare with Sector peers
Industry Ferro & Silica Manganese Compare with Industry peers
Website http://www.jainamferro.com
Market Cap 184.03 Cr.
Enterprise Value(EV) 180.36 Cr. 2021-03
Financial Indicators
Earnings per share (EPS) 2.95 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 59.03 Trailing Twelve Months Ending 2021-03
Industry PE 5.03 Trailing Twelve Months Ending 2021-03
Book Value / Share 39.78 Trailing Twelve Months Ending 2021-03
Price to Book Value 4.38 Calculated using Price: 174.25
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 1.06 Cr. 10,561,200 Shares
FaceValue 10
Company Profile

Jainam Ferro Alloys (I) was originally incorporated as Jainam Infraways in March 2014. The company is currently manufacturing two types of Ferro Alloys namely, Ferro Manganese (FeMn) and Silico-manganese (SiMn). Both the alloys are largely used in Steel industry. Ferro-manganese adds strength, toughness and other properties to steel. Silico manganese provides additional silicon which is a stronger De-oxidant in manufacturing steel. The company also generates revenue from its trading activities of manganese ore, used as a raw material in manufacturing Ferro alloys.

The company started commercial production of Ferro alloys of the different grades with one furnace. In June 2017, the company started another furnace for the same manufacturing activity. The products manufactured by the company are primarily used in manufacturing of steel and in foundry activities. It is used as an alloying element which enhances some key physical properties of steel like elasticity, ultimate tensile, strength and toughness etc.

Sometimes addition of some elements in the form of alloys is done deliberately to liquid steel for developing abrasion resistance, wearresistance and corrosion resistance properties. Apart from using manganese alloys for alloying the steel, they are also widely used for deoxidizing, desulphurization & refining of steel. Phosphorus and other elements can also be controlled depending on customer specification. Smaller quantities of alloys are used as reductant in order to produce other metals. Besides their use in plain carbon steel and alloy steel plants, Ferro alloys are consumed by the foundries and electrode industries. A very specific application of refined manganese alloys is a constituent in the coating of welding electrodes. In ceramic industries, manganese alloys are used in small quantities.

Business area of the company

The company has been engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese (FeMn) and Silico manganese (SiMn), largely used in the Steel industry.

Key Events and Milestones:

  • 2014: Incorporation of the Company in the name of “Jainam Infraways Private Limited”
  • 2016: Takeover of the ferro alloy plant of M/s Raghuvir Ferro Alloys Private Limited vide Sale deed dated June 21, 2016.
  • 2016: Started manufacturing of Ferro alloys with one furnace having 5000 KVA power load.
  • 2017: Started another furnace with 4000 KVA power load.
  • 2018: Sales turnover reached Rs. 100 crore.
  • 2018: Conversion of the company from Private Limited to Public Limited Company.
  • 2018: Change in the name of Company from Jainam Infraways to Jainam Ferro Alloys (I).

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.78%
1 Week
-0.43%
1 Month
-5.81%
3 Month
+2.14%
6 Month
+86.36%
1 Year
2 Year
5 Year
10 Year
3 years 2019-03 2020-03 2021-03
Return on Equity (%) 14.90 4.50 14.53
Return on Capital Employed (%) 22.14 13.96 22.47
Return on Assets (%) 7.22 2.20 6.85

Balance Sheet View Details

Particulars 3 years 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 19 19 24
Non Curr. Liab. 5 4 3
Curr. Liab. 16 15 25
Minority Int.
Equity & Liab. 40 39 52
Non Curr. Assets 6 7 10
Curr. Assets 34 32 43
Misc. Exp. not W/O 0 0
Total Assets 40 39 52

Profit Loss View Details

Particulars 3 years 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 132 121 102
Other Income 1 1 1
Total Income 132 122 103
Total Expenditure -126 -118 -96
PBIDT 6 4 6
Interest -1 -2 -1
Depreciation -1 -1 -1
Taxation -1 0 -1
Exceptional Items
PAT 3 1 3
Adjusted EPS 3 1 3

Cash Flow View Details

Particulars 3 years 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 6 2 7
Cash Fr. Inv. 1 -1 -3
Cash Fr. Finan. -7 -2 -4
Net Change 0 0 0
Cash & Cash Eqvt 1 1 1

Shareholding Pattern View Details

1 Qtrs 2022-03 (%)
Promoter 73.47
Public 26.53
Depository Receipts 0.00
Promoter Holding Pledge (%) 0.00

Announcements View Details

No Corporate Announcement found.

Technical Scans View Details

Tue, 24 May 2022
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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