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 ₹ 14,731 Cr.
- Current Price ₹ 460
- High / Low ₹ 515 / 88.2
- Stock P/E 14.2
- Book Value ₹ 282
- Dividend Yield 0.65 %
- ROCE 11.0 %
- ROE 6.09 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
Cons
- Company has a low return on equity of 5.34% over last 3 years.
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6,036 | 6,765 | 6,656 | 8,208 | 7,703 | 7,070 | 8,507 | 12,117 | 11,627 | 10,664 | 13,298 | 17,868 | 20,222 | |
5,362 | 6,160 | 6,014 | 7,254 | 6,979 | 6,393 | 7,466 | 10,645 | 10,116 | 9,422 | 11,899 | 16,191 | 17,715 | |
Operating Profit | 675 | 604 | 642 | 954 | 723 | 677 | 1,041 | 1,472 | 1,511 | 1,242 | 1,399 | 1,677 | 2,507 |
OPM % | 11% | 9% | 10% | 12% | 9% | 10% | 12% | 12% | 13% | 12% | 11% | 9% | 12% |
-46 | -118 | 26 | 76 | 136 | 330 | 24 | 515 | -3 | 209 | 155 | 141 | 184 | |
Interest | 165 | 236 | 392 | 606 | 679 | 569 | 579 | 615 | 620 | 493 | 460 | 638 | 678 |
Depreciation | 182 | 219 | 321 | 335 | 328 | 337 | 363 | 396 | 422 | 459 | 473 | 471 | 519 |
Profit before tax | 282 | 31 | -46 | 89 | -148 | 101 | 122 | 975 | 467 | 499 | 621 | 710 | 1,493 |
Tax % | 33% | 163% | -120% | 131% | 46% | 62% | 109% | 22% | 1% | 34% | 40% | 38% | |
188 | -20 | -100 | -27 | -80 | 39 | -11 | 764 | 461 | 328 | 376 | 443 | 1,036 | |
EPS in Rs | 6.85 | -0.68 | -3.10 | -0.50 | -1.32 | 3.56 | 5.58 | 26.58 | 17.35 | 9.97 | 12.88 | 19.77 | 37.75 |
Dividend Payout % | 15% | -146% | -32% | -200% | -76% | 28% | 22% | 8% | 12% | 20% | 16% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 16% |
3 Years: | 15% |
TTM: | 35% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 91% |
3 Years: | -3% |
TTM: | 662% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 42% |
3 Years: | 84% |
1 Year: | 389% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 6% |
3 Years: | 5% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 55 | 55 | 55 | 58 | 61 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
Reserves | 3,667 | 3,612 | 3,513 | 5,332 | 5,061 | 5,322 | 5,432 | 6,218 | 6,700 | 6,919 | 7,300 | 7,859 | 8,967 |
3,587 | 5,159 | 5,989 | 8,102 | 7,547 | 6,222 | 6,311 | 5,692 | 5,649 | 5,335 | 6,031 | 4,922 | 6,174 | |
2,016 | 1,886 | 1,858 | 2,507 | 1,676 | 1,248 | 1,389 | 2,807 | 2,669 | 3,497 | 3,048 | 5,016 | 5,048 | |
Total Liabilities | 9,325 | 10,713 | 11,416 | 15,999 | 14,346 | 12,856 | 13,197 | 14,781 | 15,082 | 15,815 | 16,443 | 17,861 | 20,253 |
2,800 | 4,247 | 5,843 | 8,239 | 7,977 | 7,455 | 7,120 | 7,163 | 7,491 | 7,316 | 7,357 | 7,372 | 8,765 | |
CWIP | 1,502 | 1,410 | 343 | 531 | 254 | 102 | 126 | 260 | 423 | 404 | 293 | 300 | 464 |
Investments | 45 | 154 | 75 | 309 | 154 | 119 | 110 | 190 | 129 | 198 | 224 | 251 | 251 |
4,979 | 4,903 | 5,155 | 6,921 | 5,961 | 5,180 | 5,840 | 7,169 | 7,039 | 7,898 | 8,570 | 9,939 | 10,772 | |
Total Assets | 9,325 | 10,713 | 11,416 | 15,999 | 14,346 | 12,856 | 13,197 | 14,781 | 15,082 | 15,815 | 16,443 | 17,861 | 20,253 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-296 | 222 | 109 | -183 | 917 | 1,163 | 565 | 1,567 | 1,665 | 1,570 | 73 | 1,617 | |
-600 | -1,482 | -615 | -867 | -517 | -428 | -121 | -518 | -468 | -359 | -190 | -68 | |
979 | 1,255 | 359 | 1,253 | -512 | -816 | -470 | -977 | -1,168 | -831 | 61 | -1,968 | |
Net Cash Flow | 83 | -5 | -148 | 203 | -112 | -81 | -25 | 72 | 28 | 379 | -55 | -419 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 94 | 91 | 96 | 91 | 83 | 71 | 83 | 67 | 59 | 73 | 50 | 73 |
Inventory Days | 212 | 153 | 188 | 257 | 210 | 221 | 183 | 156 | 141 | 177 | 173 | 134 |
Days Payable | 74 | 68 | 67 | 77 | 42 | 39 | 42 | 88 | 74 | 117 | 71 | 98 |
Cash Conversion Cycle | 232 | 176 | 217 | 271 | 250 | 253 | 224 | 134 | 126 | 132 | 152 | 109 |
Working Capital Days | 157 | 146 | 177 | 169 | 169 | 151 | 159 | 93 | 69 | 79 | 94 | 74 |
ROCE % | 9% | 6% | 4% | 6% | 4% | 4% | 7% | 11% | 10% | 8% | 9% | 11% |
Documents
Announcements
- Disclosure Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulation, 2015 2 Dec
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 29 Nov
- Shareholder Meeting / Postal Ballot-Outcome of EGM 24 Nov
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
31 Oct - Transcript of Investor call held on 27th October, 2023
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 Oct - Recording of Investor call held on 27th October, 2023 at 4 PM id attached
Annual reports
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Financial Year 2023
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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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Concalls
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Oct 2023TranscriptPPTREC
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Aug 2023TranscriptPPT
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May 2023TranscriptPPT
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Oct 2021TranscriptPPT
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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]