Jindal Stainless (Hisar) Ltd(Merged)
Jindal Stainless (Hisar) Limited is a leading manufacturer of stainless steel flat products in austenitic, ferritic, martensitic and duplex grades. [1]
- Market Cap ₹ 13,278 Cr.
- Current Price ₹ 563
- High / Low ₹ /
- Stock P/E 8.99
- Book Value ₹ 232
- Dividend Yield 0.00 %
- ROCE 45.5 %
- ROE 49.3 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 48.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Contingent liabilities of Rs.4,639 Cr.
- Earnings include an other income of Rs.557 Cr.
- Debtor days have increased from 35.9 to 43.1 days.
- Working capital days have increased from 39.8 days to 79.4 days
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 8,152 | 7,235 | 7,774 | 10,357 | 10,289 | 9,379 | 9,400 | 15,011 | 15,984 | |
| 0 | 7,408 | 6,373 | 6,792 | 9,126 | 9,248 | 8,443 | 8,270 | 12,858 | 14,351 | |
| Operating Profit | 0 | 744 | 862 | 983 | 1,231 | 1,040 | 936 | 1,130 | 2,154 | 1,632 |
| OPM % | 9% | 12% | 13% | 12% | 10% | 10% | 12% | 14% | 10% | |
| 0 | 42 | -20 | 141 | 283 | 186 | 178 | 291 | 663 | 557 | |
| Interest | 0 | 475 | 493 | 431 | 408 | 367 | 323 | 251 | 131 | 126 |
| Depreciation | 0 | 313 | 305 | 285 | 284 | 289 | 295 | 290 | 250 | 228 |
| Profit before tax | 0 | -1 | 44 | 407 | 821 | 570 | 497 | 880 | 2,436 | 1,836 |
| Tax % | 310% | 16% | 29% | 28% | 30% | 19% | 21% | 20% | ||
| 0 | -6 | 36 | 290 | 588 | 396 | 401 | 696 | 1,947 | 1,479 | |
| EPS in Rs | -268.00 | 1.58 | 12.15 | 24.50 | 16.17 | 16.65 | 29.41 | 82.34 | 62.70 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 13% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 75% |
| TTM: | -13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 52% |
| 3 Years: | 37% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 35% |
| Last Year: | 49% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.00 | 46 | 47 | 47 | 47 | 47 | 47 | 47 | 47 |
| Reserves | 0 | 501 | 563 | 846 | 1,427 | 1,806 | 2,224 | 2,924 | 4,862 | 5,425 |
| 0 | 1,054 | 2,007 | 3,514 | 2,935 | 2,367 | 2,181 | 1,502 | 1,845 | 1,564 | |
| 0 | 4,638 | 2,917 | 2,270 | 2,347 | 2,273 | 2,132 | 2,565 | 3,113 | 3,235 | |
| Total Liabilities | 0 | 6,192 | 5,533 | 6,678 | 6,756 | 6,493 | 6,584 | 7,037 | 9,867 | 10,270 |
| 0 | 2,801 | 2,546 | 2,430 | 2,290 | 2,190 | 2,108 | 1,961 | 1,968 | 2,015 | |
| CWIP | 0 | 29 | 61 | 42 | 66 | 95 | 107 | 183 | 161 | 127 |
| Investments | 0 | 370 | 369 | 418 | 571 | 622 | 647 | 798 | 1,339 | 1,535 |
| 0 | 2,992 | 2,558 | 3,787 | 3,829 | 3,587 | 3,722 | 4,095 | 6,399 | 6,594 | |
| Total Assets | 0 | 6,192 | 5,533 | 6,678 | 6,756 | 6,493 | 6,584 | 7,037 | 9,867 | 10,270 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| 492 | 919 | 690 | 1,454 | 1,130 | 710 | 1,305 | -3 | ||
| -2 | -1,397 | -1,780 | -466 | -181 | -205 | -355 | -182 | ||
| -471 | 485 | 1,081 | -989 | -939 | -504 | -961 | 202 | ||
| Net Cash Flow | 19 | 7 | -9 | -0 | 11 | 1 | -11 | 18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43 | 42 | 49 | 30 | 31 | 29 | 36 | 43 | |
| Inventory Days | 95 | 93 | 125 | 87 | 79 | 90 | 95 | 96 | |
| Days Payable | 101 | 82 | 120 | 85 | 84 | 83 | 100 | 79 | |
| Cash Conversion Cycle | 37 | 53 | 55 | 32 | 26 | 36 | 31 | 60 | |
| Working Capital Days | -75 | -30 | 41 | 17 | 11 | 22 | 18 | 79 | |
| ROCE % | 58% | 28% | 23% | 27% | 21% | 18% | 24% | 46% |
Documents
Announcements
No data available.
Annual reports
Concalls
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Jan 2023Transcript PPT
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Product Portfolio
The product range of the Co includes ferro alloys, stainless steel slabs and blooms, hot rolled coils, plates and sheets, cold rolled coils and sheets, specialty products such as razor blade steel, precision strips, coin blanks and long products. [1]