JSW Ispat Special Products Ltd(Merged)
JSW Ispat Special Products Ltd is engaged in manufacturing and marketing of sponge iron, steel and ferro alloys, along with billets and pellets. It was incorporated in 1990.[1] Its part of the JSW Group.
- Market Cap ₹ 1,831 Cr.
- Current Price ₹ 39.0
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 21.1
- Dividend Yield 0.00 %
- ROCE -2.65 %
- ROE -46.0 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -20.6% over last 3 years.
- Promoters have pledged 81.1% of their holding.
- Debtor days have increased from 25.5 to 44.8 days.
- Promoter holding has decreased over last 3 years: -21.2%
* 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 - Sponge Iron
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,989 | 2,062 | 2,302 | 3,242 | 1,843 | 1,238 | 1,383 | 1,879 | 2,638 | 4,188 | 6,061 | 5,173 | 5,185 | |
1,492 | 1,576 | 1,909 | 3,146 | 2,295 | 1,639 | 1,342 | 1,878 | 2,683 | 3,800 | 5,588 | 5,081 | 5,008 | |
Operating Profit | 497 | 486 | 393 | 96 | -452 | -401 | 41 | 2 | -44 | 388 | 473 | 92 | 177 |
OPM % | 25% | 24% | 17% | 3% | -25% | -32% | 3% | 0% | -2% | 9% | 8% | 2% | 3% |
44 | 65 | 74 | -189 | -19 | -226 | -250 | -2,829 | 26 | 326 | 22 | 38 | 29 | |
Interest | 103 | 135 | 253 | 683 | 1,083 | 1,141 | 1,195 | 448 | 255 | 276 | 271 | 286 | 299 |
Depreciation | 81 | 100 | 144 | 288 | 364 | 360 | 355 | 278 | 219 | 228 | 223 | 243 | 254 |
Profit before tax | 357 | 315 | 70 | -1,063 | -1,918 | -2,127 | -1,759 | -3,552 | -492 | 210 | 1 | -398 | -346 |
Tax % | 26% | 29% | 47% | -18% | -0% | 0% | 0% | 0% | 0% | 0% | 0% | 8% | |
263 | 223 | 37 | -869 | -1,917 | -2,132 | -1,759 | -3,552 | -492 | 210 | 1 | -430 | -371 | |
EPS in Rs | 40.63 | 34.87 | 5.63 | -130.23 | -94.97 | -106.05 | -87.57 | -75.66 | -10.48 | 4.48 | 0.03 | -9.16 | -7.89 |
Dividend Payout % | 6% | 3% | 18% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 30% |
3 Years: | 25% |
TTM: | -17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 4% |
TTM: | -128% |
Stock Price CAGR | |
---|---|
10 Years: | -5% |
5 Years: | 31% |
3 Years: | 0% |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -21% |
Last Year: | -46% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 64 | 64 | 66 | 66 | 201 | 201 | 201 | 470 | 470 | 470 | 470 | 996 |
Reserves | 2,363 | 2,579 | 2,711 | 1,826 | 213 | -1,802 | -3,478 | 698 | 177 | 398 | 397 | -3 |
5,759 | 8,791 | 10,912 | 12,675 | 11,928 | 12,262 | 8,801 | 3,001 | 3,477 | 3,096 | 3,225 | 3,188 | |
682 | 1,338 | 1,759 | 1,920 | 2,758 | 3,113 | 2,785 | 590 | 677 | 1,035 | 1,094 | 1,560 | |
Total Liabilities | 8,869 | 12,773 | 15,448 | 16,486 | 15,099 | 13,773 | 8,309 | 4,759 | 4,801 | 4,998 | 5,186 | 5,740 |
1,699 | 1,704 | 4,918 | 7,521 | 6,909 | 6,581 | 6,194 | 3,378 | 3,254 | 3,168 | 3,069 | 3,072 | |
CWIP | 3,648 | 7,189 | 6,794 | 5,683 | 5,761 | 5,587 | 168 | 182 | 238 | 175 | 167 | 37 |
Investments | 109 | 272 | 101 | 94 | 324 | 46 | 572 | 1 | 1 | 1 | 2 | 1 |
3,413 | 3,608 | 3,635 | 3,188 | 2,105 | 1,559 | 1,374 | 1,197 | 1,309 | 1,653 | 1,948 | 2,629 | |
Total Assets | 8,869 | 12,773 | 15,448 | 16,486 | 15,099 | 13,773 | 8,309 | 4,759 | 4,801 | 4,998 | 5,186 | 5,740 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
459 | 809 | 59 | 1,659 | 1,117 | 292 | -16 | -194 | -196 | 406 | 276 | -71 | |
-2,545 | -3,796 | -2,749 | -1,747 | -121 | 489 | -18 | 612 | -118 | -81 | -114 | -129 | |
2,217 | 2,866 | 2,002 | 221 | -1,113 | -799 | 47 | -344 | 185 | -348 | -116 | 235 | |
Net Cash Flow | 131 | -121 | -688 | 134 | -117 | -19 | 13 | 74 | -130 | -22 | 46 | 35 |
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 | 55 | 73 | 66 | 50 | 23 | 29 | 16 | 6 | 7 | 16 | 15 | 45 |
Inventory Days | 189 | 251 | 276 | 163 | 139 | 136 | 109 | 182 | 114 | 94 | 117 | |
Days Payable | 29 | 28 | 62 | 67 | 68 | 54 | 37 | 99 | 96 | 72 | 121 | |
Cash Conversion Cycle | 215 | 295 | 280 | 146 | 94 | 111 | 88 | 90 | 7 | 34 | 38 | 40 |
Working Capital Days | 142 | 31 | 56 | -126 | -130 | -998 | -1,303 | 34 | 19 | 38 | 38 | 48 |
ROCE % | 7% | 5% | 3% | -1% | -6% | -6% | -4% | -5% | -6% | 4% | 7% | -3% |
Documents
Announcements
No data available.
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 2014
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Financial Year 2013
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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 2009
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Concalls
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Jul 2021TranscriptNotesPPT
Product Portfolio & User Industry
The Company is a manufacturer in the steel business, focussed on producing and marketing products such as sponge iron, ferroalloys, structural steel, billets, and slabs, which find varied applications across industries such as automobile, construction, and infrastructure, and other transport industries such as ships, trains, train cars, etc. [1]