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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 |
[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 Limited peer comparison with similar listed entities. (As on March 31, 2023)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | Financial statements |
|---|---|---|---|---|---|---|
| Jyoti CNC Automation Limited | 1.02 | 1.02 | 5.57 | 18.35 | Consolidated | |
| Elgi Equipments Limited | 11.72 | 11.71 | 43.27 | 44.30 | 27.04 | Consolidated |
| Lakshmi Machine Works Limited | 359.47 | 359.47 | 2,189.04 | 37.69 | 16.42 | Consolidated |
| Triveni Turbine Limited | 5.97 | 5.97 | 23.92 | 67.76 | 25.32 | Consolidated |
| TD Power Systems Limited | 6.23 | 6.22 | 38.74 | 46.66 | 16.01 | Consolidated |
| Macpower CNC Machines Ltd | 12.89 | 12.89 | 96.61 | 51.31 | 13.34 | Consolidated |
Notes for Listed Peers:
Jyoti CNC Automation IPO Reviews, analysis and views by popular members. Read Jyoti CNC Automation Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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