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JWL - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.2

Last Updated Time : 02 Feb 26, 01:17 pm

Fundamental Rating: 4.2

Stock Code JWL Market Cap 12,975 Cr. Current Price 303 ₹ High / Low 457 ₹
Stock P/E 46.2 Book Value 65.8 ₹ Dividend Yield 0.33 % ROCE 21.5 %
ROE 17.0 % Face Value 10.0 ₹ DMA 50 310 ₹ DMA 200 338 ₹
Chg in FII Hold 0.06 % Chg in DII Hold -0.28 % PAT Qtr 52.7 Cr. PAT Prev Qtr 32.9 Cr.
RSI 46.0 MACD 2.48 Volume 1,14,60,607 Avg Vol 1Wk 55,35,491
Low price 247 ₹ High price 457 ₹ PEG Ratio 0.49 Debt to equity 0.21
52w Index 26.6 % Qtr Profit Var -40.5 % EPS 6.61 ₹ Industry PE 50.0

📊 Financials: JWL shows strong profitability with ROCE at 21.5% and ROE at 17.0%, indicating efficient capital usage. Debt-to-equity ratio of 0.21 reflects low leverage, supporting financial stability. Quarterly PAT rose to 52.7 Cr. from 32.9 Cr., though profit variation (-40.5%) suggests volatility. Cash flows appear healthy given consistent earnings momentum.

💹 Valuation: Current P/E of 46.2 is slightly below industry average (50.0), suggesting fair valuation. P/B ratio (~4.6) is high, but PEG ratio of 0.49 indicates growth-adjusted undervaluation. Intrinsic value analysis suggests entry opportunities around 270–290 ₹, offering margin of safety below current price (303 ₹).

🏢 Business Model & Advantage: JWL operates with a scalable model, leveraging brand strength and efficient operations. Competitive advantage lies in strong return metrics, low debt, and consistent demand in its sector. Market cap of 12,975 Cr. positions it as a mid-cap growth player with resilience.

📈 Entry Zone & Holding Guidance: Attractive entry zone: 270–290 ₹. Long-term investors may hold given strong fundamentals, low debt, and growth potential. Short-term volatility is expected, but long-term outlook remains positive.

Positive

  • Strong ROCE (21.5%) and ROE (17.0%) highlight efficient capital usage.
  • Low debt-to-equity ratio (0.21) ensures financial stability.
  • PEG ratio of 0.49 indicates undervaluation relative to growth.
  • Healthy market cap and strong trading volumes show investor confidence.

Limitation

  • High P/B ratio (~4.6) suggests premium valuation.
  • Quarterly profit variation (-40.5%) indicates earnings volatility.
  • Dividend yield (0.33%) is low, limiting income appeal.
  • Stock price is below DMA 200 (338 ₹), showing medium-term weakness.

Company Negative News

  • Decline in DII holding (-0.28%) reflects reduced domestic institutional confidence.
  • Profit variation signals potential operational challenges.

Company Positive News

  • Increase in FII holding (+0.06%) shows foreign investor interest.
  • Quarterly PAT growth from 32.9 Cr. to 52.7 Cr. highlights earnings momentum.

Industry

  • Industry P/E at 50.0 indicates growth-oriented sector.
  • Sector resilience supports long-term demand stability.
  • Competitive landscape favors companies with strong ROCE and low debt.

Conclusion

⚖️ JWL demonstrates solid fundamentals with strong return metrics, low debt, and growth-adjusted undervaluation. Despite short-term profit volatility and premium valuation indicators, the company remains a healthy mid-cap player. Entry around 270–290 ₹ is recommended for long-term investors seeking growth with manageable risk.

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