Divya Jyoti Industries reports 52.5% revenue decline in FY2016
30-05-2016 • About Divya Jyoti Industries (
$DIVYAJYQ) • By InTwits
Divya Jyoti Industries reported FY2016 financial results today. Overall the company's long term financial model is characterised by the following facts: Divya Jyoti Industries is a company in decline: FY2016 revenue growth was -52.5%, 5 years revenue CAGR was -18.5%.
Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Divya Jyoti Industries's Revenue dropped on 52.5%. Revenue decline was accelerating on average at -21.9 pp per annum in FY2012-FY2016.
Net Income margin showed almost no change in FY2016. During FY2012-FY2016 Net Income margin bottomed in FY2013 at 0.36% and was growing since that time.
Financial and operational results
Divya Jyoti Industries ($DIVYAJYQ) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 2,942 | 3,923 | 3,816 | 1,927 | 914 | -52.5% |
| EBITDA | 97 | 86 | 77 | | 60 | |
| Net Income | 16 | 14 | 15 | 10 | 5 | -50.8% |
Balance Sheet
|
|---|
| Cash | | 33 | | | | |
| Short Term Debt | | 204 | | | | |
| Long Term Debt | | 76 | | | | |
Cash flow
|
|---|
Ratios
|
|---|
| Revenue growth | 15.4% | 33.3% | -2.7% | -49.5% | -52.5% | |
| EBITDA growth | 58.1% | -11.4% | -10.5% | | | |
|
|---|
| EBITDA Margin | 3.3% | 2.2% | 2.0% | | 6.6% |
| Net Income Margin | 0.6% | 0.4% | 0.4% | 0.5% | 0.5% | 0.0% |
|
|---|
| Net Debt/EBITDA | 0.0x | 2.9x | 0.0x | | 0.0x |
Peers in Edible Oils
Below we provide Divya Jyoti Industries benchmarking against other companies in Edible Oils industry for the last 5 years. We show data for the top-5 companies by key financial metric together with the median value for all the companies in the industry.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Ajanta Soya ($AJANTSOY) | - | 13.2% | 13.1% | 16.8% | 4.8% |
| Kriti Nutrients ($KRITINUT) | - | 2.7% | -37.8% | 6.4% | 15.4% |
| Gokul Refoils & Solvent ($GOKUL) | - | -11.7% | 10.9% | -8.3% | -42.3% |
| Natraj Proteins ($NATRAJPR) | - | 44.1% | 14.8% | -17.1% | -33.6% |
| Poona Dal & Oil Industries ($POONADAL) | - | 30.1% | -23.2% | -33.5% | 34.8% |
| |
|---|
| Median (8 companies) | 138.5% | 4.9% | 12.0% | -25.3% | 10.1% |
|---|
| Divya Jyoti Industries ($DIVYAJYQ) | - | 33.3% | -2.7% | -49.5% | -52.5% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Kriti Nutrients ($KRITINUT) | 3.8% | 2.2% | 4.2% | 4.6% | 4.2% |
| Ruchi Infrastructure ($RUCHINFRA) | 1.7% | 1.9% | 1.0% | 0.5% | 1.8% |
| Gokul Refoils & Solvent ($GOKUL) | 0.5% | 1.5% | 2.8% | 1.7% | 1.6% |
| Poona Dal & Oil Industries ($POONADAL) | 1.9% | 1.2% | - | - | 1.2% |
| Ajanta Soya ($AJANTSOY) | 1.0% | 0.5% | 0.7% | - | 1.1% |
| |
|---|
| Median (6 companies) | 1.8% | 1.7% | 3.5% | 1.5% | 1.4% |
|---|
| Divya Jyoti Industries ($DIVYAJYQ) | 3.3% | 2.2% | 2.0% | - | 6.6% |
Top companies by CAPEX/Revenue, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Ruchi Infrastructure ($RUCHINFRA) | 0.6% | 0.1% | 0.1% | 2.0% | - |
| Gokul Refoils & Solvent ($GOKUL) | 0.8% | 0.4% | 0.4% | 0.9% | 0.1% |
| |
|---|
| Median (2 companies) | 0.6% | 0.4% | 0.2% | 1.4% | 0.1% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Ruchi Infrastructure ($RUCHINFRA) | 4.5% | 3.5% | 1.9% | -1.3% | 6.0% |
| Gokul Refoils & Solvent ($GOKUL) | 0.1% | 2.8% | 10.9% | 6.9% | 5.6% |
| Raj Oil Mills ($RAJOIL) | - | - | - | - | - |
| Sam Industries ($SAMINDUS) | 25.4% | 4.9% | - | - | - |
| Poona Dal & Oil Industries ($POONADAL) | 18.1% | 13.2% | - | - | - |
| |
|---|
| Median (8 companies) | 9.9% | 4.9% | 10.9% | 2.8% | 5.8% |
|---|
| Divya Jyoti Industries ($DIVYAJYQ) | - | - | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Ruchi Infrastructure ($RUCHINFRA) | 3.1x | 7.7x | 13.3x | 52.1x | 6.4x |
| Poona Dal & Oil Industries ($POONADAL) | -0.0x | -2.0x | - | - | 0.0x |
| Ajanta Soya ($AJANTSOY) | 8.5x | 12.7x | 0.0x | - | 0.0x |
| Kriti Nutrients ($KRITINUT) | 0.3x | 1.0x | 0.0x | 0.0x | 0.0x |
| Gokul Refoils & Solvent ($GOKUL) | 46.9x | 8.9x | 2.3x | 3.7x | -0.2x |
| |
|---|
| Median (5 companies) | 2.5x | 2.0x | 1.2x | 1.9x | 0.0x |
|---|
| Divya Jyoti Industries ($DIVYAJYQ) | 0.0x | 2.9x | 0.0x | - | 0.0x |
