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JYOTICNC - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.1

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 4.1

Stock Code JYOTICNC Market Cap 17,379 Cr. Current Price 764 ₹ High / Low 1,331 ₹
Stock P/E 46.0 Book Value 97.3 ₹ Dividend Yield 0.00 % ROCE 21.5 %
ROE 16.6 % Face Value 2.00 ₹ DMA 50 831 ₹ DMA 200 929 ₹
Chg in FII Hold -0.21 % Chg in DII Hold 0.49 % PAT Qtr 105 Cr. PAT Prev Qtr 78.9 Cr.
RSI 42.7 MACD -28.9 Volume 13,84,378 Avg Vol 1Wk 31,82,846
Low price 687 ₹ High price 1,331 ₹ PEG Ratio 0.29 Debt to equity 0.18
52w Index 12.0 % Qtr Profit Var 36.0 % EPS 16.6 ₹ Industry PE 28.0

📊 Core Financials

  • Revenue & Profitability: PAT rose sequentially (₹78.9 Cr → ₹105 Cr), showing strong growth. EPS at ₹16.6 supports earnings strength.
  • Margins: ROCE at 21.5% and ROE at 16.6% reflect solid efficiency, though not industry-leading.
  • Debt: Debt-to-equity ratio of 0.18 indicates low leverage and financial stability.
  • Cash Flow: Healthy earnings growth supports cash generation, though cyclicality may affect consistency.

💹 Valuation Indicators

  • P/E: 46.0, significantly above industry average (28.0), suggesting premium valuation.
  • P/B: 7.85 (₹764 / ₹97.3), reflecting high market expectations.
  • PEG Ratio: 0.29, attractive as growth is undervalued relative to earnings.
  • Intrinsic Value: Current price ₹764 is above fair value; better entry closer to ₹687–720.

🏢 Business Model & Competitive Advantage

  • Strong presence in precision engineering and CNC machinery.
  • High demand from industrial and manufacturing sectors supports growth.
  • Low debt enhances resilience and long-term sustainability.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: ₹687–720 range offers attractive entry.
  • Long-Term Holding: Suitable for investors seeking growth exposure in industrial manufacturing, though volatility should be expected.


✅ Positive

  • Strong sequential PAT growth (+36%).
  • Low debt-to-equity ratio (0.18) ensures financial stability.
  • PEG ratio of 0.29 indicates undervaluation relative to growth.

⚠️ Limitation

  • High P/E (46.0) compared to industry average (28.0).
  • High P/B ratio reflects premium valuation.
  • Stock trading below DMA 50 (₹831) and DMA 200 (₹929), showing weak momentum.

📉 Company Negative News

  • FII holdings decreased by 0.21%, showing reduced foreign investor confidence.
  • Technical indicators (RSI 42.7, MACD -28.9) suggest bearish momentum.

📈 Company Positive News

  • Sequential PAT growth from ₹78.9 Cr to ₹105 Cr.
  • DII holdings increased by 0.49%, reflecting domestic institutional support.
  • Strong EPS of ₹16.6 highlights earnings strength.

🏭 Industry

  • Industry P/E at 28.0, lower than company’s P/E, indicating premium valuation.
  • Industrial manufacturing sector remains cyclical but supported by infrastructure and capital goods demand.

🔎 Conclusion

  • Jyoti CNC shows strong earnings growth and efficient capital use.
  • Valuation is premium compared to industry, but PEG ratio suggests growth potential.
  • Entry zone between ₹687–720 is favorable for long-term investors.
  • Overall, a fundamentally strong company with growth prospects, though short-term momentum weakness and premium valuation warrant caution.

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