December 12, 2023 - December 14, 2023

S J Logistics IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to S J Logistics IPO.

S J Logistics IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

S J Logistics IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

S J Logistics IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is in providing services related to logistics and supply chain solutions. It marked inconsistency in its top lines for the reported periods, but marked sudden boost in its bottom lines from FY23 onwards. Based on super annualized FY24 earnings, the issue appears reasonably priced. Well-informed investors may park funds for long-term rewards. Read detail review...

S J Logistics IPO Peer Comparison

S J Logistics (India) Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	P/E (x)	RoNW (%)	Financial statements
S J Logistics (India) Limited	8.84	8.84	14.14	24.41	Consolidated
Cargotrans Maritime Limited	5.74	5.74	16.64	18.45	Consolidated
Patel Integrated Logistics Limited	1.13	0.74	14.07	4.16
Tiger Logistics (India) Limited	21.94	21.94	18.12	23.78
Total Transport Systems Limited	3.47	3.47	78.70	6.75	Consolidated

Notes:

All the financial information for listed industry peers mentioned above is sourced from the Financial Results of the aforesaid companies for the year ended March 31, 2023, and stock exchange data dated September 14, 2023, to compute the corresponding financial ratios. For SJ Logistics, the company has taken the Current Market Price as the issue price of equity shares.
Further, the P/E Ratio is based on the current market price of the respective scrips.
The EPS and RoNW of the Company are taken as per the Restated Financial Statement for the Financial Year 2022-23.
RoNW has been computed as net profit after tax divided by closing net worth.

S J Logistics IPO Review by Members

S J Logistics IPO Reviews, analysis and views by popular members. Read S J Logistics (India) Limited IPO reviews by retail investors to find recommended ipo to buy.

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S J Logistics IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	1	0	1
%	0.00	50.00	0.00	50.00

Member	Review
Watchdog	Avoid Just avoid December 12, 2023 3:44:38 PM
Subin B	May Apply for Listing Gain at Upper Price Band Company has debts to clear and there is no clear agenda on the growth plans. Funds raised will be used to clear the debts and fund the working capital needs. The profits have declined over the years. December 6, 2023 3:53:55 PM

Member

Review

Watchdog

Avoid

Just avoid

December 12, 2023 3:44:38 PM

Subin B

May Apply for Listing Gain at Upper Price Band

Company has debts to clear and there is no clear agenda on the growth plans. Funds raised will be used to clear the debts and fund the working capital needs. The profits have declined over the years.

December 6, 2023 3:53:55 PM

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