Jindal Steel & Power Ltd

Jindal Steel & Power Ltd

₹ 999 -0.15%
13 Dec - close price
About

Jindal Steel & Power Ltd is one of the India's leading steel producers with significant presence in sectors like mining and power generation. The group has global presence through subsidiaries, mainly in Australia, Botswana, Indonesia, Mauritius, Mozambique, Madagascar, Namibia, South Africa, Tanzania and Zambia.[1]

Key Points

Product Portfolio
The company offers a range of steel products including plates & coils, wire rod & TMT rebar, track rails, structural steel products such as beams and columns, channels, angles, etc. [1]

  • Market Cap 1,01,881 Cr.
  • Current Price 999
  • High / Low 1,097 / 684
  • Stock P/E 20.1
  • Book Value 464
  • Dividend Yield 0.20 %
  • ROCE 13.2 %
  • ROE 14.1 %
  • Face Value 1.00

Pros

Cons

  • The company has delivered a poor sales growth of 1.40% over past five 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
13,612 12,525 14,339 13,045 13,521 12,452 13,692 12,588 12,250 11,701 13,487 13,618 11,213
9,018 9,215 11,270 9,607 11,590 10,075 11,505 9,960 9,965 8,859 11,042 10,779 9,013
Operating Profit 4,594 3,310 3,070 3,439 1,931 2,377 2,187 2,628 2,285 2,843 2,444 2,839 2,200
OPM % 34% 26% 21% 26% 14% 19% 16% 21% 19% 24% 18% 21% 20%
98 255 276 866 -898 -361 -138 55 32 35 35 34 35
Interest 482 472 373 364 365 346 371 329 329 315 321 332 326
Depreciation 610 613 272 596 614 608 873 588 604 636 995 683 696
Profit before tax 3,601 2,480 2,701 3,344 54 1,062 805 1,767 1,384 1,927 1,164 1,859 1,213
Tax % 26% 25% 18% 17% -304% 51% 42% 4% -0% -0% 20% 28% 29%
2,678 1,866 2,207 2,771 219 518 466 1,692 1,390 1,928 933 1,338 860
EPS in Rs 25.33 15.85 14.81 19.54 1.96 5.08 4.53 16.54 13.60 18.90 9.17 13.14 8.44
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
19,807 19,286 19,401 19,469 21,603 33,286 46,966 37,923 34,579 51,166 53,212 50,354 50,019
13,701 13,487 13,937 16,032 16,894 26,817 38,553 31,092 23,646 35,650 43,270 40,153 39,693
Operating Profit 6,106 5,799 5,464 3,437 4,709 6,469 8,412 6,831 10,933 15,515 9,942 10,202 10,327
OPM % 31% 30% 28% 18% 22% 19% 18% 18% 32% 30% 19% 20% 21%
333 349 -1,399 -79 -362 -584 -1,470 74 313 -1,840 -539 156 139
Interest 1,067 1,807 2,875 3,254 3,441 3,866 4,264 3,768 2,753 1,888 1,446 1,294 1,293
Depreciation 1,539 1,829 2,733 4,068 3,949 3,883 5,480 3,429 2,414 2,097 2,691 2,822 3,009
Profit before tax 3,833 2,512 -1,543 -3,964 -3,043 -1,864 -2,802 -291 6,078 9,690 5,266 6,241 6,163
Tax % 24% 25% -6% -22% -17% -13% -14% 37% 30% 30% 25% 5%
2,952 1,896 -1,452 -3,087 -2,538 -1,616 -2,412 -400 4,267 6,766 3,974 5,943 5,060
EPS in Rs 31.13 20.88 -13.97 -32.42 -24.93 -14.56 -17.00 -1.07 35.62 56.40 31.11 58.21 49.65
Dividend Payout % 5% 7% 0% 0% 0% 0% 0% 0% 0% 5% 6% 3%
Compounded Sales Growth
10 Years: 10%
5 Years: 1%
3 Years: 13%
TTM: -2%
Compounded Profit Growth
10 Years: 12%
5 Years: 62%
3 Years: 16%
TTM: 17%
Stock Price CAGR
10 Years: 23%
5 Years: 49%
3 Years: 36%
1 Year: 38%
Return on Equity
10 Years: 4%
5 Years: 11%
3 Years: 14%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 93 91 91 91 92 97 97 102 102 101 100 100 101
Reserves 21,159 22,519 20,951 32,345 29,959 30,288 31,988 32,035 31,713 35,524 38,606 44,216 47,240
24,618 36,368 45,501 46,797 45,850 42,962 39,559 36,824 29,910 13,502 13,046 16,472 17,266
11,202 9,935 8,994 13,166 14,674 15,884 17,357 20,780 16,116 27,517 17,674 17,888 18,163
Total Liabilities 57,073 68,913 75,537 92,398 90,575 89,230 89,001 89,742 77,840 76,644 69,427 78,676 82,771
19,429 34,989 46,643 65,038 65,932 68,450 69,039 69,381 54,349 45,488 43,542 48,384 49,332
CWIP 19,230 17,811 9,073 11,827 9,716 4,978 4,027 3,126 1,712 2,538 7,870 9,611 12,418
Investments 809 342 1,785 392 368 146 150 181 1,156 470 907 819 863
17,605 15,771 18,035 15,142 14,559 15,657 15,784 17,055 20,624 28,147 17,108 19,862 20,158
Total Assets 57,073 68,913 75,537 92,398 90,575 89,230 89,001 89,742 77,840 76,644 69,427 78,676 82,771

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3,522 4,580 1,182 4,333 6,850 7,724 9,027 8,814 11,961 16,048 7,347 6,008
-9,591 -12,694 -6,717 -2,262 -1,998 -1,431 -832 -1,476 -1,884 -2,331 -4,090 -8,344
6,111 8,879 5,708 -2,672 -5,108 -6,276 -8,261 -7,016 -4,612 -15,120 -2,500 1,381
Net Cash Flow 43 766 173 -601 -256 17 -67 322 5,465 -1,403 757 -955

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 36 34 32 27 29 20 24 34 30 9 7 12
Inventory Days 268 284 314 181 185 191 146 207 196 130 87 117
Days Payable 83 151 133 129 150 162 117 181 133 94 69 78
Cash Conversion Cycle 222 166 213 79 64 50 53 60 92 45 24 52
Working Capital Days 98 51 94 63 -16 7 -21 -52 31 31 -2 21
ROCE % 12% 8% 5% -1% 1% 3% 4% 5% 14% 24% 14% 13%

Shareholding Pattern

Numbers in percentages

3 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
60.44% 60.45% 60.44% 61.20% 61.21% 61.21% 61.21% 61.21% 61.21% 61.21% 61.19% 61.19%
8.93% 9.70% 10.65% 11.02% 13.13% 13.42% 12.71% 12.23% 11.75% 11.93% 12.64% 12.19%
16.71% 17.34% 15.75% 14.87% 14.17% 13.90% 14.74% 15.22% 15.33% 14.73% 15.34% 16.05%
13.92% 12.51% 12.13% 11.42% 10.02% 9.99% 9.86% 9.88% 9.99% 10.41% 10.01% 9.75%
0.00% 0.00% 1.02% 1.48% 1.48% 1.48% 1.48% 1.48% 1.73% 1.73% 0.81% 0.81%
No. of Shareholders 2,99,9542,56,0463,01,8302,72,3332,36,4382,35,4732,30,7742,38,0542,50,7322,59,9912,80,5332,87,902

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls