Jocil ltd Business Model:
Jocil Limited is a company of ASL group. The Company has main focus on the business such as Contract manufacturing of Toilet Soap, Soap Noodles, Stearic Acid, Fatty Acids, Glycerine, and Industrial Oxygen. Mainly Jocil run its company business operations in the three different segments of chemicals, which consider fatty acids; soap, which includes toilet soap and soap products, and small business in power, which includes power generated with the help of Biomass Power Plant and Wind Energy Generator.
Also, Company has a six megawatt Biomass Cogeneration Captive Power Plant for meeting the requirement of the power which help in the manufacturing activity and surplus power is sold to AP Transco. The Company has also focus on four Wind Energy Generators in the State of Tamil Nadu and the power generated is sold to Tamil Nadu Generation and Distribution Corporation Limited. The Company is a subsidiary to The Andhra Sugars Limited (ASL), Tanuku, a W.G.District, and Andhra Pradesh. Andhra sugar ltd is one of the renowned names into the business industry of India.
Client list of Jocil Ltd:
Company has strong Client list which includes HUL , Johnson & Johnson , Henkel India , Reckitt Benckiser, ITC Ltd, Emami, TVS, Sun Pharma, BASF, Alembic pharma, Clariant, Henkel, ,Aisan Paints, Berger Paints etc. From the client of list big brands, we can imagin that how good business Jocil would have but some time these kind of companies does not come into the focus of the big investors. Our website has always tried to find out the best companies for our website viewers.
Jocil Ltd Stock Valuation:
Note that Jocil stock trade only in NSE with Symbol of "Jocil"
If we will talk about the Jocil stock valuations then Stock of Jocil has face value is 10rs with the book value of company is 221. Stock of jocil is trading at 0 .97 price to book value which is not much expensive but we have to analysis other factors too. The stock is trading in which sector having P/E ratio is 48 but stock is trading at 15.60 PE ratios which is quite reasonable. Jocil has not too big market cap i.e 190 crore. Jocil stock had made 52 week high of 319.80rs on 27th july 2021 and adjusted 52 week low is nearly 139rs on march 2021 & Currently Stock of Jocil is trading at 215.80rs.
Financial Results analysis of Jocil Ltd :
If we will check the financial results from last 5 years then we will find a good growth of Jocil ltd.
Total revenues of Jocil ltd:
In the Financial year of 2017, company had reports total revenues of nearly 376cr, In the financial year of 2018, Company had reports total revenues of 341cr then next year in FY2019, company revenues increased and reach to 402cr. After FY2019, Jocil company has been reporting increase in its revenues like in FY 2020 it was 446cr & In FY 2021, It has reached to more than 564cr.
In the FY 2017, company had reported net profit of 8cr but in the next two years of FY18 & FY19, Company net profit had decreases in the two financial years company recorded net profit of 7cr.
If we will check the net profit of the Jocil ltd in the FY2020 & FY 2021, the Company has shown very good profit on its books, If we will calculate total net profit of company in the years of FY 2020 & FY 2021 the company has reported total 25cr net profit in the last two years. It clearly shows that Company is back on right tack of growth.
Earnings per share of Jocil:
If we will calculate the earnings per share of jocil of last four years then Company have recorded Average EPS of four years is nearly 9rs.
Total Debit on the Jocil LTD:
Company has nearly negligible debit on the books which is nearly of 2 crore. Which is easy manageable.
What are the short term targets in Jocil ltd stock?
If we will check the technical charts of Jocil ltd which trades only in NSE exchange of India then Jocil ltd stock has already see the profit booking from the higher levels and now this stock is in the zone where investors are accumulating it. If jocil stock will able to give close above price levels 218rs to 220rs then we may see short term price targets in jocil stock i.e 230rs, 235rs, 239rs, 242.80rs, 246.70rs, 250.60rs, In this case stoploss for the traders will be 194rs on closing basis.
If in the coming day stock of Jocil ltd gives close above 245.80rs to 250.60rs price levels then traders & investors should raise their stop loss & traders should add more buying position into jocil stock with the stoploss of 232.80rs onn closing basis & Next price targets of Jocil ltd will be 280rs to 290rs+
What are the long term price targets of Jocil Ltd stock?
Long term call will always be based on the fundamentals of the company. We are bullish on Jocil Ltd stock for the long term point of view. Jocil ltd stock is multibagger stock for 2022. As we have already discussed the fundamentals of Jocil ltd, Company has strong client list as well as good manufacturing facilities in the Andhra Pradesh. Company belong to strong management and group of ASL. Company has no debit on the books and net profit of the company is also rising YOY basis with strong growth in the revenue segment. All these factors allow us to published Jocil ltd stock as multibagger stock for 2022. It is recommended to investors that accumulate Jocil ltd in the small number of sets for long term point of view. If any investor has time horizon of 1 year to 2 years then Jocil stock cn give multiple returns in the coming years of 2022, 2023.
Long term targets of Jocil ltd stock:
As we have already discussed that Jocil ltd stock is our multibagger stock therefore we are expecting price targets of 450rs to 580rs+ in the coming months or years
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