Jindal Steel & Power Ltd.

NSE: JINDALSTEL BSE: 532286 SECTOR: Steel/Sponge Iron/Pig Iron

419.8
+16 (3.96%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 423.35

Today's Low

₹ 406

52 Week High

₹ 501.7

52 Week Low

₹ 159.6

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.

Company Essentials

Market Cap

42820.27 Cr.

Enterprise Value

59139.3 Cr.

No. of Shares

102 Cr.

P/E

5.99

P/B

1.31

Face Value

₹ 1

Div. Yield

0%

Book Value (TTM)

₹  320.02

CASH

515.59 Cr.

DEBT

16834.62 Cr.

Promoter Holding

60.47%

EPS (TTM)

₹  70.14

Sales Growth

-5.37%

ROE

2.67 %

ROCE

8.75 %

Profit Growth

334.94 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

Jindal Speedfloor Jindal Panther Cement

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Ratios

Sales Growth

1 Year-5.37%
3 Year23.73%
5 Year14.39%

Profit Growth

1 Year334.94%
3 Year37.97%
5 Year31.87%

ROE%

1 Year2.67%
3 Year-0.04%
5 Year-2.5%

ROCE %

1 Year8.75%
3 Year6.16%
5 Year4.35%

Debt/Equity

0.7101

Price to Cash Flow

6.06

Interest Cover Ratio

1.32061380328407

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2021 60.47 39.52
Mar 2021 60.47 41.65
Dec 2020 60.47 47.76
Sep 2020 60.47 50.37
Jun 2020 60.48 57.28
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 37.9664273160366% for the Past 3 years.
  • The company has shown a good revenue growth of 23.7253762733257% for the Past 3 years.
  • Company’s PEG ratio is 0.0185333322671457.
  • The company has an efficient Cash Conversion Cycle of -21.2487517828083 days.

 Limitations

  • Company has a poor ROE of -0.0370762798499133% over the past 3 years.
  • Company has contingent liabilities of 12480.23 Cr.
  • Promoter pledging is high as 39.52%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
Net Sales 5930.31 6280.78 7859.3 8737.93 10429.82
Total Expenditure 4368.11 4452.51 5424.51 4829.67 5546.24
Operating Profit 1562.2 1828.27 2434.79 3908.26 4883.58
Other Income 0 0 11.49 1.44 653.18
Interest 622.51 603.97 553.59 528.64 500.34
Depreciation 567.55 561.58 567.97 566.35 547.55
Exceptional Items 0 0 0 -171.81 0
Profit Before Tax 372.14 662.72 1324.72 2642.9 4488.87
Tax 90.4 157.98 326.74 417.3 1062.89
Profit After Tax 281.74 504.74 997.98 2225.6 3425.98
Adjusted EPS (Rs) 2.76 4.96 9.78 21.82 33.59

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 12696.44 13848.1 17065.17 27715.97 26228.25
Total Expenditure 10255.36 10971.5 13092.12 21762.71 20528.72
Operating Profit 2441.08 2876.6 3973.05 5953.26 5699.53
Other Income 210.36 201.7 212.2 207.14 210.72
Interest 2833.37 2491.63 2603.35 3024.74 2743.55
Depreciation 2148.14 2043.65 1909.66 2307.06 2287.08
Exceptional Items 0 0 -344.02 -1398.38 0
Profit Before Tax -2330.07 -1456.98 -671.78 -569.78 879.62
Tax -911.54 -470.53 -310.17 -306.88 261.95
Net Profit -1418.53 -986.45 -361.61 -262.9 617.67
Adjusted EPS (Rs.) -15.5 -10.78 -3.74 -2.72 6.06

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 91.49 91.5 96.79 96.79 102
Total Reserves 22974.18 21674.7 22695.77 22451.77 23607.07
Borrowings 16411.57 16403.88 14411.05 12338 12029.62
Other N/C liabilities 4771.24 7558.85 7284.62 6628.64 7562.62
Current liabilities 19316.22 17332.87 18556.32 19124.99 18499.86
Total Liabilities 63564.7 63061.8 63044.55 60640.19 61801.17
Assets
Net Block 43023.45 41476.02 45636.57 44362.86 44471.94
Capital WIP 5652.99 7504.65 2653.99 1584.1 810.43
Intangible WIP 32.75 24.58 35.3 40.02 41.03
Investments 1476.94 1485.25 1490.36 1692.92 1698.85
Loans & Advances 948.57 737.12 431.88 347.02 190.15
Other N/C Assets 16.68 34 116.64 223.54 150.94
Current Assets 12413.32 11800.18 12679.81 12389.73 14437.83
Total Assets 63564.7 63061.8 63044.55 60640.19 61801.17
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit from operations -2330.07 -1456.98 -671.78 -569.78 879.62
Adjustment 4651.2 4015.65 4525.66 6516.93 4733.21
Changes in Assets & Liabilities 2109.45 1514.74 1016.5 965.28 1366.14
Tax Paid -9.07 -9.52 -10.19 75.09 82.01
Operating Cash Flow 4421.51 4063.89 4860.19 6987.52 7060.98
Investing Cash Flow 861.78 -1111.11 -869.68 -1346.56 -1366.33
Financing Cash Flow -5230.6 -3137.55 -4027.22 -5675.58 -5380.22
Net Cash Flow 52.69 -184.77 -36.71 -34.62 314.43

Corporate Actions

Investors Details

PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Promoters 60.48 60.47 60.47 60.47 60.47
arti jindal 0.01 0.01 0.01 0.01 0.01
beaufield holdings limite... 0.59 0.59 0.59 0.59 0.59
danta enterprises private... 6.1 6.1 6.1 0 0
deepika jindal 0.1 0.1 0.1 0.1 0.1
estrela investment compan... 0.7 0.7 0.7 0.7 0.7
gagan infraenergy limited... 4.87 4.87 4.87 4.87 4.87
glebe trading private lim... 1.59 1.59 1.59 0 0
jsl limited 0.26 0.26 0.26 0.26 0.26
jsl overseas limited 0.64 0.64 0.64 0.64 0.64
jsw holdings limited 0.36 0.36 0.36 0.36 0.36
mendeza holdings limited 0.73 0.73 0.73 0.73 0.73
nacho investments limited... 0.73 0.73 0.73 0.73 0.73
nalwa steel and power lim... 0.14 0.14 0.14 0.13 0.13
naveen jindal 0.8 0.8 0.8 0.8 0.8
naveen jindal huf 0.22 0.22 0.22 0.22 0.22
opj trading private limit... 18.47 18.47 18.47 18.47 18.47
parth jindal 0.02 0.02 0.02 0.02 0.02
ratan jindal 0.19 0.19 0.19 0.19 0.19
sangita jindal 0.07 0.07 0.07 0.07 0.07
sarika jhunjhnuwala 0.06 0.06 0.06 0.06 0.06
savitri devi jindal 0.11 0.11 0.11 0.11 0.11
sminu jindal 0.01 0.01 0 0 0.01
tanvi shete 0.01 0.01 0.01 0.01 0.01
tarini jindal handa 0.01 0.01 0.01 0.01 0.01
templar investments limit... 0.73 0.73 0.73 0.73 0.73
tripti jindal 0.01 0.01 0.01 0.01 0.01
urvi jindal 0.01 0.01 0.01 0.01 0.01
virtuous tradecorp privat... 6.31 6.31 6.31 6.31 6.31
jargo investments limited... 0.73 0.73 0.73 0.73 0.73
prithavi raj jindal 1.6 1.6 1.6 1.6 1.6
sushil bhuwalka 0 0 0 0 0
abhyuday jindal 0.02 0.02 0.02 0.02 0.02
goswamis credits & invest... 0.18 0.18 0.18 0.18 0.18
p r jindal huf . 0.18 0 0.18 0.18 0.18
r k jindal & sons huf . 0.08 0 0.08 0.08 0.08
s k jindal and sons huf .... 0.16 0 0.16 0.16 0.16
sminu jindal 0 0 0.01 0.01 0
arti jindal 0.01 0.01 0.01 0.01 0.01
beaufield holdings limite... 0.59 0.59 0.59 0.59 0.59
danta enterprises private... 6.1 6.1 6.1 0 0
deepika jindal 0.1 0.1 0.1 0.1 0.1
gagan infraenergy limited... 4.87 4.87 4.87 4.87 4.87
glebe trading private lim... 1.59 1.59 1.59 0 0
goswamis credits & invest... 0.18 0.18 0.18 0.18 0.18
jargo investments limited... 0.73 0.73 0.73 0.73 0.73
jsl limited 0.26 0.26 0.26 0.26 0.26
jsl overseas limited 0.64 0.64 0.64 0.64 0.64
jsw holdings limited 0.36 0.36 0.36 0.36 0.36
mendeza holdings limited 0.73 0.73 0.73 0.73 0.73
nacho investments limited... 0.73 0.73 0.73 0.73 0.73
nalwa steel and power lim... 0.14 0.14 0.14 0.13 0.13
naveen jindal 0.8 0.8 0.8 0.8 0.8
naveen jindal huf 0.22 0.22 0.22 0.22 0.22
opj trading private limit... 18.47 18.47 18.47 18.47 18.47
parth jindal 0.02 0.02 0.02 0.02 0.02
ratan jindal 0.19 0.19 0.19 0.19 0.19
sangita jindal 0.07 0.07 0.07 0.07 0.07
savitri devi jindal 0.11 0.11 0.11 0.11 0.11
sminu jindal 0.01 0.01 0 0 0.01
sushil bhuwalka 0 0 0 0 0
tanvi shete 0.01 0.01 0.01 0.01 0.01
tarini jindal handa 0.01 0.01 0.01 0.01 0.01
templar investments limit... 0.73 0.73 0.73 0.73 0.73
tripti jindal 0.01 0.01 0.01 0.01 0.01
urvi jindal 0.01 0.01 0.01 0.01 0.01
virtuous tradecorp privat... 6.31 6.31 6.31 6.31 6.31
estrela investment compan... 0.7 0.7 0.7 0.7 0.7
opelina sustainable servi... 13.66 0 0 0 0
opelina sustainable servi... 0 13.66 13.66 13.67 0
p r jindal huf. 0 0.18 0 0 0
r k jindal & sons huf. 0 0.08 0 0 0
s k jindal and sons huf. 0 0.16 0 0 0
siddeshwari tradex privat... 0 0 0 7.69 7.69
opelina sustainable servi... 0 0 0 0 13.67
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Public 13.53 13.6 12.62 11.62 13.76
PARTICULARS Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
FII/DII 25.13 25.49 26.48 27.48 25.04
kotak funds - india midca... 1.13 1.06 1.07 0 0
kotak tax saver scheme 3.44 0 0 0 0
kotak funds - india midca... 1.13 1.06 1.07 0 0
tree line asia master fun... 0 0 0 0 0
idfc tax advantage (elss)... 1 0 0 0 0
icici prudential life ins... 2.9 0 0 0 0
l&t mutual fund trustee l... 1.39 0 0 0 0
hdfc trustee company ltd.... 2.23 0 0 0 0
hdfc trustee company ltd ... 0 1.21 1.1 1.44 1.42
icici prudential life ins... 0 2.34 2.44 1.97 1.28
kotak standard multicap f... 0 3.69 3.83 0 0
l and t mutual fund trust... 0 1.37 1.46 1.47 1.04
nippon life india trustee... 0 0 1.19 0 0
kotak flexicap fund 0 0 0 4.05 4.06
nippon life india trustee... 0 0 0 1.52 1.82

Company Presentations

Company News

Jindal Steel & Power gets revised Rs 7,401 crore offer for Jindal Power26 Jul 2021, 2:22PM JSPL planning to invest over Rs 1 lakh crore in Odisha in next 10 years7 Jul 2021, 12:36PM JSPL records 20% growth in steel production in 1QFY227 Jul 2021, 9:50AM Jindal Steel & Power informs about analyst meet25 Jun 2021, 2:48PM Jindal Steel & Power informs about investor meet15 Jun 2021, 10:00AM Jindal Steel & Power informs about analyst meet 10 Jun 2021, 4:19PM JSPL records 31% growth in steel production in April-May 218 Jun 2021, 9:31AM Jindal Steel & Power informs about revised disclosures28 May 2021, 4:36PM Jindal Steel & Power informs about investor meet26 May 2021, 12:32PM Jindal Steel & Power informs about schedule of investor meet20 May 2021, 9:51AM Jindal Steel & Power informs about disclosure18 May 2021, 4:36PM Jindal Steel & Power informs about analyst meet18 May 2021, 10:15AM Jindal Steel & Power informs about investor meet17 May 2021, 5:15PM Jindal Steel & Power informs about newspaper publication14 May 2021, 4:58PM Jindal Steel & Power reports many fold jump in Q4 consolidated net profit13 May 2021, 10:32AM Jindal Steel and Power makes prepayment of Rs 2,462 crore to lenders10 May 2021, 2:24PM Jindal Steel & Power informs about press release10 May 2021, 9:47AM Jindal Steel and Power ramps up daily oxygen supply limit for treatment of COVID-19 patients6 May 2021, 2:20PM Jindal Steel & Power informs about newspaper advertisement3 May 2021, 2:03PM Jindal Steel & Power informs about EGM3 May 2021, 11:16AM Jindal Steel & Power informs about press release27 Apr 2021, 10:06AM Jindal Steel & Power to divest 96.42% stake in Jindal Power27 Apr 2021, 9:28AM Jindal Steel supplying 50-100 tonne of medical oxygen for treatment of COVID-19 patients19 Apr 2021, 4:56PM Jindal Steel’s arm sells balance 51% stake in JSIS Oman16 Apr 2021, 4:17PM JSPL to set up container manufacturing unit at Paradip 8 Apr 2021, 4:54PM Jindal Steel and Power reports 34% rise in output in Q4FY21 6 Apr 2021, 9:43AM Jindal Steel and Power’s TRB bags Kalinga Safety Excellence Award16 Mar 2021, 12:55PM JSPL records 18% growth in steel production in February12 Mar 2021, 5:04PM Jindal Steel & Power informs about analysts meet3 Mar 2021, 1:47PM Jindal Steel & Power submits press release9 Feb 2021, 4:45PM Jindal Steel & Power informs about credit rating1 Feb 2021, 10:45AM Jindal Steel & power rolls out programme for providing primary eye health services for truck drivers27 Jan 2021, 12:32PM JSPL turns black in Q3 on consolidated basis22 Jan 2021, 11:55AM Jindal Steel & Power informs about disclosure 13 Jan 2021, 4:32PM JSPL records 30% growth in standalone steel production in December4 Jan 2021, 9:37AM JSPL’s arm declared as successful bidder for Gare Palma IV/1 coal mine by Ministry of Coal1 Jan 2021, 9:15AM CARE upgrades rating of Jindal Steel and Power30 Dec 2020, 5:08PM JSPL gets ‘Regular Supplier’ status form Indian Railways for 60kg 880 grade Rails30 Dec 2020, 9:25AM ICRA upgrades JSPL’s Bank facilities22 Dec 2020, 3:34PM Jindal Steel & Power informs about disclosure15 Dec 2020, 3:50PM JSPL records 15% growth in standalone steel production in November12 Dec 2020, 10:23AM Jindal Steel & Power informs about disclosure10 Dec 2020, 9:38AM JSPL records 13% growth in standalone steel production in October21 Nov 2020, 9:22AM JSPL turns black in Q2 on consolidated basis30 Oct 2020, 5:06PM Jindal Steel & Power submits compliance certificate14 Oct 2020, 1:10PM Jindal Steel & Power wins GreenTech CSR India 2020 Award7 Oct 2020, 2:52PM JSPL reports 30% growth in consolidated Steel Sales in Q2FY21 6 Oct 2020, 10:23AM JSPL gets nod from Indian Railways for regular rail supplier status30 Sep 2020, 11:06AM Jindal Steel & Power informs about press release30 Sep 2020, 10:35AM ICRA assigns stable outlook to bank facilities of Jindal Steel23 Sep 2020, 11:31AM

Jindal Steel & Power Stock Price Analysis and Quick Research Report. Is Jindal Steel & Power an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Jindal Steel & Power has a PE ratio of 5.92179551520405 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Jindal Steel & Power has ROA of 1.00892378196387 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Jindal Steel & Power has a Current ratio of 0.780429149193561 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Jindal Steel & Power has a ROE of 2.67275526550139 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Jindal Steel & Power has a D/E ratio of 0.7101 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Jindal Steel & Power has an Inventory turnover ratio of 9.64708090085783 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Jindal Steel & Power has reported revenue growth of -5.36773564122057 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Jindal Steel & Power for the current financial year is 21.7305005099463 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Jindal Steel & Power is Rs 0 and the yield is 0 %.

Brief about Jindal Steel & Power

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