Jaykay Enter. (JAYKAY)
Fast GrowerFairStock Score: 20/100 — RISKY
Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹155.87 |
| Market Cap | ₹2,030.78 Cr |
| P/E Ratio | 9.23 |
| ROCE | 1.33% |
| ROE | 6.13% |
| Dividend Yield | 0% |
| Profit Growth | -76.7% |
| Debt/Equity | — |
| Sales Growth | 12.6% |
| Promoter Holding | 65.19% |
| 52-Week Range | ₹115.52 — ₹219.7 |
| Sector | Aerospace & Defense |
| Book Value | ₹80.12 |
Strengths
- Promoter holding of 65.19% aligns management interests with minority shareholders.
- Sales growth of 175.98% and profit growth of 81.01% show strong recent momentum.
- Piotroski F-Score of 7/9 indicates a reasonably healthy financial position.
- PEG of 0.42 suggests the market is pricing in growth; if it materializes, the valuation becomes less extreme.
Concerns
- P/E of 54.20 and P/B of 7.09 leave no margin of safety for a business with ROE of only 6.13%.
- ROCE of 1.33% indicates very poor capital efficiency; growth may be consuming capital rather than creating value.
- No dividend yield means investors depend entirely on price appreciation.
- Latest quarter absolute scale is small: ₹60 Cr sales and ₹7 Cr net profit against a ₹1,857 Cr market cap.
AI Analysis
When I look at Jaykay Enter., I first check whether the business earns a decent return on capital. The numbers fail that test. Return on equity is only 6.13%, and return on capital employed is a paltry 1.33%. Compare that with the price I'd have to pay: 54 times earnings and 7.09 times book value. That is not the recipe for a compounder. Yes, sales have grown 175.98% and profits 81.01%, but the latest quarter shows just ₹7 crore net profit on ₹60 crore sales. The entire company is valued at ₹1,857 crore. That means you are paying a small fortune for a business that, at this rate, earns only about ₹34 crore on an annualized basis. The high P/E leaves no margin of safety. The Piotroski score of 7/9 suggests the balance sheet isn't crumbling, and promoter holding of 65.19% is reassuring. A PEG of 0.42 looks tempting, but only if 81% profit growth continues for many years. In a sector like aerospace and defense, order flows and project execution can be lumpy. I also see no dividend, so all my hopes lie in the hands of share price appreciation. The FairStock score of 28 out of 100 tells me I am not the only one worried. Benjamin Graham would say price is what you pay, value is what you get. Based on these figures, I get very little value today. I will wait for either a drastically lower price or proof that returns on capital can rise substantially. Until then, this is a business to watch, not to own.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer