Jindal Steel & Power Ltd.

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

192
+2.4 (1.27%)

Price Summary

Today's High

₹ 0

Today's Low

₹ 0

52 Week High

₹ 238.4

52 Week Low

₹ 62.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
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

19584.3066432 Cr.

Enterprise Value

35903.3366432 Cr.

No. of Shares

102.0015971 Cr.

P/E

21.8

P/B

0.81

Face Value

₹ 1

Div. Yield

0%

Book Value (TTM)

₹  237.3835

CASH

515.59 Cr.

DEBT

16834.62 Cr.

Promoter Holding

60.48%

EPS (TTM)

₹  8.8093

Sales Growth

-5.36773564122057%

ROE

2.67275526550139 %

ROCE

8.75244074865972 %

Profit Growth

1.64589896242308 %

* 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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Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* 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.

Sales Growth (in Cr.)

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

Profit Growth (in Cr.)

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

2.77

Interest Cover Ratio

1.32061380328407

CFO/PAT (5 Yr. Avg.)

NA

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2020 60.48 74.8
Dec 2019 60.4 65.58
Sep 2019 60.4 68.72
Jun 2019 60.52 64.85
Mar 2019 58.69 54.1
* 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 0.0674888012672061.
  • 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.
  • Promoter pledging has increased from 60.48% to 74.8% in 1 quarter.
  • Company has contingent liabilities of 12480.23 Cr.
  • Promoter pledging is high as 74.8%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
Net Sales 8202.99 6572.92 6640.26 5930.31 6280.78
Total Expenditure 6595.02 5317.85 5288.17 4368.11 4452.51
Operating Profit 1607.97 1255.07 1352.09 1562.2 1828.27
Other Income 0 0 0 0 0
Interest 696.95 656.87 634.28 622.51 603.97
Depreciation 567.05 582.3 570.19 567.55 561.58
Exceptional Items 0 0 0 0 0
Profit Before Tax 343.97 15.9 147.62 372.14 662.72
Tax 120.11 0.75 50.69 90.4 157.98
Profit After Tax 223.86 15.15 96.93 281.74 504.74
Adjusted EPS (Rs) 0.22 0.01 0.1 0.28 0.5

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
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 49.43 58.58 151.94 263.56 191.97
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 Before Tax -2330.07 -1456.98 -671.78 -569.78 879.62
Adjustment 4651.2 4015.65 4525.66 6516.93 4733.21
Working Capital Changes 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

Ratings & Research Reports

Company Presentations

Company News

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 21.7951483091733 which is high and comparatively overvalued .

  • 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 15.1874795818142 %.

  • 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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