FREE Account Opening + No Clearing Fees
Loading...
January 9, 2024 - January 11, 2024

Jyoti CNC Automation IPO Review & Recommendations

HENSEX Securities, Indsec Securities, Marwadi Shares and Finance Ltd, Reliance Securities and Ventura Securities Limited have given "Apply" recommendation to Jyoti CNC Automation IPO. Dilip Davda has given "May Apply" recommendation to Jyoti CNC Automation IPO. Capital Market, SMC Global and Swastika Investmart Ltd have "Neutral" view about the IPO. Sushil Finance Ltd has "Not Rated" the IPO.

Jyoti CNC Automation IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 5 1 3 0 1
% 50.00 10.00 30.00 0.00 10.00

Jyoti CNC Automation IPO Analysis By Brokers/Analysts

Jyoti CNC Automation IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Jyoti CNC Automation IPO is 42. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer Rating Score Rating
Capital Market 42 Avoid, however active risk seekers can try

Jyoti CNC Automation IPO Review by Dilip Davda (May apply)

[Dilip Davda]  After suffering a setback for FY21 and FY22, the company has turned the corner and currently has an order book of Rs. 3315+ cr. on hand. However, based on its FY23 earnings, the issue is priced at a P/E of 501.52 and on annualized FY24 earnings, it is at a P/E of 1103.33. Thus the issue appears exorbitantly priced discounting all near term positives. Only well-informed cash surplus investors may park funds for the long term, while others may ignore, as it is a long race horse. Read detail review...

Jyoti CNC Automation IPO Peer Comparison

Jyoti CNC Automation Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)Financial statements
Jyoti CNC Automation Limited1.021.025.5718.35Consolidated
Elgi Equipments Limited11.7211.7143.2744.3027.04Consolidated
Lakshmi Machine Works Limited359.47359.472,189.0437.6916.42Consolidated
Triveni Turbine Limited5.975.9723.9267.7625.32Consolidated
TD Power Systems Limited6.236.2238.7446.6616.01Consolidated
Macpower CNC Machines Ltd12.8912.8996.6151.3113.34Consolidated

Notes for Listed Peers:

  1. Basic EPS and Diluted EPS refer to the Basic EPS and Diluted EPS sourced from the financial statements of the respective company.
  2. P/E Ratio has been computed based on the closing market price of equity shares on BSE on August 28, 2023 divided by the Diluted EPS provided.
  3. Return on net worth (RoNW) is computed as profit for the year attributable to common shareholders of the parent divided by net worth (excluding non-controlling interest) as of March 31, 2023.
  4. NAV per equity share has been computed as the net worth attributable to common shareholders (excluding non-controlling interest) divided by the total number of shares outstanding as of March 31, 2023.

Jyoti CNC Automation IPO Review by Members

Jyoti CNC Automation IPO Reviews, analysis and views by popular members. Read Jyoti CNC Automation Limited IPO reviews by retail investors to find recommended ipo to buy.

Post Recommendation Manage Your IPO Reviews

Jyoti CNC Automation IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 5 1 0 12
% 27.78 5.56 0.00 66.67
Clear Search
Member Review
risingsun (200+ Posts)

Avoid

MARKET IS VOLATILE,SO AVOID IS BETTER OPTION

January 10, 2024 10:17:47 PM
Babal

Avoid

Clear avoid. very agreesively priced.

January 10, 2024 8:31:05 PM
GopalKrishna

Apply for Listing Gain at Upper Price Band

Looking awesome script

January 10, 2024 5:49:15 PM
Mohan Investment

Apply for Long Term at Cut-off Price

will hold

January 10, 2024 5:35:04 PM
VANSH PATEL

Avoid

when you know company is loss making, better dont apply, rather you pray after allotment to god for +ve listing.

January 10, 2024 4:21:55 PM
Abhijeet Kumar

Avoid

Fundamentals are not good and can list at discount

January 10, 2024 1:21:52 PM
Crow
IPO Mentor IPO Mentor (700+ Posts, 900+ Likes)

Avoid

Nothing extraordinary in this company to ask for such a high valuation. With a market that's a bit jittery leading up to the budget, it's better to stay away.

January 10, 2024 1:13:36 PM
black & white hat

Apply for Long Term at Cut-off Price

around 400 cr debt payment so interest cost will go down and it reflect in profit and there are huge order booking for 2.5 years so for long term it may reflect in balance sheet. the main thing is company R&D. the company is market leader in technology term in India. anyone can see the company prospects where you can see the model basket and their potential capacity.

January 10, 2024 12:37:04 PM
manoj makwana

May Apply for Listing Gain at Cut-off Price

financial

January 9, 2024 11:26:13 PM
TIPSY

Apply for Listing Gain at Cut-off Price

MARKET SENTIMENTS LOOKING GOOD , ONE CAN APPLY FOR SMALL LISTING GAINS

I Like It. 1

January 9, 2024 3:16:51 PM
raj kk

Avoid

Exhorbitantly Priced.
Profits r not great.
Many better alternatives in this sector available at lucrative price

January 9, 2024 12:02:45 PM
GBB

Avoid

the financial performance is not impressive

January 8, 2024 7:56:25 PM
Boondi consultancy

Avoid

Very high PE and not having industry leading margin...

January 6, 2024 9:45:28 PM
B.M.SURANA
IPO Guru IPO Guru (2600 Posts, 4800+ Likes)

Avoid

Secondary Market Mein
20-25 ki PE mein Acchi Companies Mil jayegi.

I Like It. 2

January 5, 2024 5:14:56 PM
Shubham Goswami

Avoid

MERI TARAF SE NAA HAI BHAI AAGE AAPKI MARZI

January 4, 2024 10:24:43 PM
Rajesh s.
IPO Mentor IPO Mentor (500+ Posts, 600+ Likes)

Avoid

High valuation. Peears available at low valuation.

January 4, 2024 9:57:32 AM
IPO Lover Rjkt

Avoid

Purpose of issue re payment of debt, last Financial record not looking good

January 3, 2024 2:39:55 PM
Kunal Kanabar

Apply for Long Term at Cut-off Price

Company has unique style of working towards new orders which is super aggressive & technological advancements are excellent.... Dark horse in coming years .....

I Like It. 1

December 31, 2023 8:11:23 AM

Post Recommendation Manage Recommendations

Note:

  • The recommendations or analysis of public issues posted above expresses the views of its author and does not represent the views of Chittorgarh.com or its staff.
  • We reserve the right to remove any objectionable post without providing a reason.

1 Comments

1. raj kk     Link|January 9, 2024 11:06:52 AM
It's a Clear Avoid because of aggressive pricing