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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.
| 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 |
| Reviewer | Recommendation | Past Reviews |
|---|---|---|
Capital Market |
Neutral |  |
| Dilip Davda | May Apply | |
| HENSEX Securities |
Apply | |
| Indsec Securities |
Apply | |
| Marwadi Shares and Finance Ltd |
Apply | |
| Reliance Securities |
Apply | |
| SMC Global |
Neutral | |
| Sushil Finance Ltd |
Not Rated | |
| Swastika Investmart Ltd |
Neutral | |
| Ventura Securities Limited |
Apply | |
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 Limited IPO reviews by retail investors to find recommended ipo to buy.
Post Recommendation Manage Your IPO Reviews
| Review By | Apply | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Count | 5 | 1 | 0 | 12 |
| % | 27.78 | 5.56 | 0.00 | 66.67 |
| Member | Review |
|---|---|
| risingsun (200+ Posts) |
Avoid MARKET IS VOLATILE,SO AVOID IS BETTER OPTION January 10, 2024 10:17:47 PM |
Babal  Top Contributor (300+ Posts, 100+ Likes) |
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 (900+ Posts, 1100+ 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
|
| raj kk |
Avoid Exhorbitantly Priced. |
| 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 (2700+ Posts, 5300+ Likes) |
Avoid Secondary Market Mein
|
| Shubham Goswami |
Avoid MERI TARAF SE NAA HAI BHAI AAGE AAPKI MARZI January 4, 2024 10:24:43 PM |
| Rajesh s. IPO Mentor (600+ Posts, 700+ 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 .....
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