Jindal Saw Ltd
Jindal Saw Limited, the flagship company of PR Jindal group, is a leading global manufacturer and supplier of Iron & Steel pipes and pellets. [1]
- Market Cap ₹ 4,517 Cr.
- Current Price ₹ 141
- High / Low ₹ 180 / 75.0
- Stock P/E 16.2
- Book Value ₹ 230
- Dividend Yield 1.42 %
- ROCE 8.39 %
- ROE 5.21 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.61 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.83% over last 3 years.
- Contingent liabilities of Rs.2,475 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Large
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4,586 | 6,036 | 6,765 | 6,656 | 8,208 | 7,703 | 7,070 | 8,507 | 12,117 | 11,627 | 10,664 | 13,298 | 16,650 | |
3,724 | 5,362 | 6,160 | 6,014 | 7,254 | 6,979 | 6,393 | 7,466 | 10,645 | 10,116 | 9,422 | 11,899 | 15,184 | |
Operating Profit | 862 | 675 | 604 | 642 | 954 | 723 | 677 | 1,041 | 1,472 | 1,511 | 1,242 | 1,399 | 1,465 |
OPM % | 19% | 11% | 9% | 10% | 12% | 9% | 10% | 12% | 12% | 13% | 12% | 11% | 9% |
60 | -46 | -118 | 26 | 76 | 136 | 330 | 24 | 515 | -3 | 209 | 155 | 116 | |
Interest | 182 | 165 | 236 | 392 | 606 | 679 | 569 | 579 | 615 | 620 | 493 | 460 | 596 |
Depreciation | 164 | 182 | 219 | 321 | 335 | 328 | 337 | 363 | 396 | 422 | 459 | 473 | 464 |
Profit before tax | 577 | 282 | 31 | -46 | 89 | -148 | 101 | 122 | 975 | 467 | 499 | 621 | 522 |
Tax % | 23% | 33% | 163% | -120% | 131% | 46% | 62% | 109% | 22% | 1% | 34% | 40% | |
Net Profit | 444 | 188 | -20 | -100 | -27 | -80 | 39 | -11 | 764 | 461 | 328 | 376 | 270 |
EPS in Rs | 16.10 | 6.85 | -0.68 | -3.10 | -0.50 | -1.32 | 3.56 | 5.58 | 26.58 | 17.35 | 9.97 | 12.88 | 12.69 |
Dividend Payout % | 6% | 15% | -146% | -32% | -200% | -76% | 28% | 22% | 8% | 12% | 20% | 16% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 13% |
3 Years: | 3% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 73% |
3 Years: | -9% |
TTM: | -36% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 4% |
3 Years: | 46% |
1 Year: | 51% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 5% |
3 Years: | 6% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
55 | 55 | 55 | 55 | 58 | 61 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | |
Reserves | 4,014 | 3,667 | 3,612 | 3,513 | 5,332 | 5,061 | 5,322 | 5,432 | 6,218 | 6,700 | 6,919 | 7,300 | 7,293 |
2,289 | 3,587 | 5,159 | 5,989 | 8,102 | 7,547 | 6,222 | 6,311 | 5,692 | 5,649 | 5,335 | 6,031 | 6,194 | |
1,288 | 2,016 | 1,886 | 1,858 | 2,507 | 1,676 | 1,248 | 1,389 | 2,807 | 2,669 | 3,497 | 3,048 | 4,182 | |
Total Liabilities | 7,647 | 9,325 | 10,713 | 11,416 | 15,999 | 14,346 | 12,856 | 13,197 | 14,781 | 15,082 | 15,815 | 16,443 | 17,733 |
2,498 | 2,800 | 4,247 | 5,843 | 8,239 | 7,977 | 7,455 | 7,120 | 7,163 | 7,491 | 7,316 | 7,357 | 7,356 | |
CWIP | 665 | 1,502 | 1,410 | 343 | 531 | 254 | 102 | 126 | 260 | 423 | 404 | 293 | 316 |
Investments | 276 | 45 | 154 | 75 | 309 | 154 | 119 | 110 | 190 | 129 | 198 | 224 | 249 |
4,208 | 4,979 | 4,903 | 5,155 | 6,921 | 5,961 | 5,180 | 5,840 | 7,169 | 7,039 | 7,898 | 8,570 | 9,811 | |
Total Assets | 7,647 | 9,325 | 10,713 | 11,416 | 15,999 | 14,346 | 12,856 | 13,197 | 14,781 | 15,082 | 15,815 | 16,443 | 17,733 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-799 | -296 | 222 | 109 | -183 | 917 | 1,163 | 565 | 1,567 | 1,665 | 1,570 | 73 | |
-593 | -600 | -1,482 | -615 | -867 | -517 | -428 | -121 | -518 | -468 | -359 | -190 | |
1,005 | 979 | 1,255 | 359 | 1,253 | -512 | -816 | -470 | -977 | -1,168 | -831 | 61 | |
Net Cash Flow | -387 | 83 | -5 | -148 | 203 | -112 | -81 | -25 | 72 | 28 | 379 | -55 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 103 | 94 | 91 | 96 | 91 | 83 | 71 | 83 | 67 | 59 | 73 | 50 |
Inventory Days | 241 | 212 | 153 | 188 | 257 | 210 | 221 | 183 | 156 | 141 | 177 | 173 |
Days Payable | 58 | 74 | 68 | 67 | 77 | 42 | 39 | 42 | 88 | 74 | 117 | 71 |
Cash Conversion Cycle | 286 | 232 | 176 | 217 | 271 | 250 | 253 | 224 | 134 | 126 | 132 | 152 |
Working Capital Days | 166 | 157 | 146 | 177 | 169 | 169 | 151 | 159 | 93 | 69 | 79 | 95 |
ROCE % | 13% | 9% | 6% | 4% | 7% | 4% | 4% | 7% | 10% | 10% | 8% | 8% |
Documents
Announcements
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
28 Feb - With reference to our letter dated 14 June, 2017 regarding disclosure with respect transfer of 81% equity shares of Jindal Tubular U.S.A. LLC (JTUL) by …
- Notice Of Court Convene Meeting Of Equity Shareholders Of The Company As Directed By Hon'Ble National Company Law Tribunal, Allahabad Bench Vide Its Order Dated 24Th January, 2023 22 Feb
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 17 Feb
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 16 Feb
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1 Feb - With reference to the captioned subject and our letter dated 24th January, 2023, the transcript of the conference call organized by the Company for analyst …
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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Jan 2022TranscriptPPT
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Oct 2021TranscriptPPT
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Jul 2021TranscriptPPT
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May 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Oct 2019TranscriptPPT
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Nov 2018TranscriptPPT
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Aug 2018TranscriptPPT
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May 2018TranscriptPPT
Product Portfolio
The major products of the company are longitudinal submerged arc welded (LSAW) pipes, helical SAW (HSAW) pipes, ductile iron (DI) pipes, seamless pipes and pellets. These products have applications in oil and gas exploration, transportation, power generation, supply of water for drinking, drainage, irrigation purposes and other industrial applications. [1]