Jindal Steel & Power Ltd.

NSE: JINDALSTEL BSE: 532286 SECTOR: Steel/Sponge Iron/Pig Iron  57k   536   109

405.15
-13.05 (-3.12%)
NSE: 21 Jan 03:59 PM

Price Summary

Today's High

₹ 417.4

Today's Low

₹ 401

52 Week High

₹ 501.7

52 Week Low

₹ 257.15

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.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

41328.87 Cr.

Enterprise Value

54005.29 Cr.

No. of Shares

102.01 Cr.

P/E

3.75

P/B

1.09

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  372.82

CASH

5687.4 Cr.

DEBT

18363.82 Cr.

Promoter Holding

60.44 %

EPS (TTM)

₹  108.07

Sales Growth

26.99%

ROE

25.39 %

ROCE

25.14%

Profit Growth

1058.27 %

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

Your Added Ratios

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Brands

These are the brands of Jindal Steel & Power Ltd.

Jindal Speedfloor Jindal Panther Cement

Index Presence

The company is present in 24 Indices.

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. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year26.99%
3 Year24.97%
5 Year21.28%

Profit Growth

1 Year1058.27%
3 Year179.29%
5 Year47.76%

ROE%

1 Year25.39%
3 Year8.97%
5 Year4.18%

ROCE %

1 Year25.14%
3 Year13.15%
5 Year9.15%

Debt/Equity

0.5626

Price to Cash Flow

4.23

Interest Cover Ratio

4.81560515150754

CFO/PAT (5 Yr. Avg.)

5.31287027148102

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2021 60.44 40.1
Sep 2021 60.47 39.5
Jun 2021 60.47 39.52
Mar 2021 60.47 41.65
Dec 2020 60.47 47.76
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 179.286457820489% for the Past 3 years.
  • The company has shown a good revenue growth of 24.9714873686241% for the Past 3 years.
  • Company’s PEG ratio is 0.00354266030795757.
  • The company has an efficient Cash Conversion Cycle of 16.1927232402421 days.
  • The company has a good cash flow management; CFO/PAT stands at 5.31287027148102.

 Limitations

  • Company has contingent liabilities of 13112.94 Cr.
  • Promoter pledging is high as 40.1%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
Net Sales 7859.3 8737.93 10429.82 10384.6 13261.2
Total Expenditure 5424.51 4829.67 5546.24 5860.86 8742.29
Operating Profit 2434.79 3908.26 4883.58 4523.74 4518.91
Other Income 11.49 1.44 653.18 30.61 19.18
Interest 553.59 528.64 500.34 444.27 350.12
Depreciation 567.97 566.35 547.55 555.95 562.26
Exceptional Items 0 -171.81 0 0 0
Profit Before Tax 1324.72 2642.9 4488.87 3554.13 3625.71
Tax 326.74 417.3 1062.89 893.4 914.36
Profit After Tax 997.98 2225.6 3425.98 2660.73 2711.35
Adjusted EPS (Rs) 9.78 21.82 33.59 26.09 26.58

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 13848.1 17065.17 27715.97 26228.25 33307.83
Total Expenditure 10971.5 13092.12 21762.71 20528.72 20255.86
Operating Profit 2876.6 3973.05 5953.26 5699.53 13051.97
Other Income 201.7 212.2 207.14 210.72 872.49
Interest 2491.63 2603.35 3024.74 2743.55 2389.98
Depreciation 2043.65 1909.66 2307.06 2287.08 2243.45
Exceptional Items 0 -344.02 -1398.38 0 -171.81
Profit Before Tax -1456.98 -671.78 -569.78 879.62 9119.22
Tax -470.53 -310.17 -306.88 261.95 1964.91
Net Profit -986.45 -361.61 -262.9 617.67 7154.31
Adjusted EPS (Rs.) -10.78 -3.74 -2.72 6.06 70.14

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 91.5 96.79 96.79 102 102
Total Reserves 21674.7 22695.77 22451.77 23607.07 32540.11
Borrowings 16403.88 14411.05 12338 12029.62 13959.75
Other N/C liabilities 7558.85 7284.62 6628.64 7562.62 10139.78
Current liabilities 17332.87 18556.32 19124.99 18499.86 12695.4
Total Liabilities 63061.8 63044.55 60640.19 61801.17 69437.04
Assets
Net Block 41476.02 45636.57 44362.86 44471.94 42721.66
Capital WIP 7504.65 2653.99 1584.1 810.43 572.41
Intangible WIP 24.58 35.3 40.02 41.03 31.61
Investments 1485.25 1490.36 1692.92 1698.85 4557.32
Loans & Advances 737.12 431.88 347.02 190.15 4246.07
Other N/C Assets 34 116.64 223.54 150.94 558.27
Current Assets 11800.18 12679.81 12389.73 14437.83 16749.7
Total Assets 63061.8 63044.55 60640.19 61801.17 69437.04
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations -1456.98 -671.78 -569.78 879.62 9119.22
Adjustment 4015.65 4525.66 6516.93 4733.21 4032.37
Changes in Assets & Liabilities 1514.74 1016.5 965.28 1366.14 -3402.19
Tax Paid -9.52 -10.19 75.09 82.01 10.72
Operating Cash Flow 4063.89 4860.19 6987.52 7060.98 9760.12
Investing Cash Flow -1111.11 -869.68 -1346.56 -1366.33 -3508.73
Financing Cash Flow -3137.55 -4027.22 -5675.58 -5380.22 -1080.01
Net Cash Flow -184.77 -36.71 -34.62 314.43 5171.38

Corporate Actions

Investors Details

PARTICULARS Dec 2020% Mar 2021% Jun 2021% Sep 2021% Dec 2021%
Promoters 60.47 60.47 60.47 60.47 60.44
opj trading privat... 18.47 18.47 18.43 18.40 18.40
opelina finance an... - - 13.68 13.66 13.66
opelina sustainabl... 13.67 13.67 - - -
opelina sustainabl... - - - - -
siddeshwari tradex... 7.69 7.69 - - -
virtuous tradecorp... 6.31 6.31 6.33 6.31 6.31
danta enterprises ... - - 6.11 6.10 6.10
gagan infraenergy ... 4.87 4.87 4.88 4.87 4.87
glebe trading priv... - - 1.60 1.59 1.59
ratan jindal 0.19 0.19 0.02 0.02 -
prithavi raj jindal 1.60 - - - 0.03
savitri devi jindal 0.11 1.21 0.11 0.11 0.11
naveen jindal 1.02 0.80 0.80 0.80 0.80
mendeza holdings l... 0.73 0.73 0.73 0.73 0.73
nacho investments ... 0.73 0.73 0.73 0.73 0.73
vavasa investments... - - 0.73 0.73 0.73
templar investment... 0.73 0.73 0.73 0.73 0.73
sarmento holdings ... - - 0.70 0.70 0.70
estrela investment... 0.70 0.70 - 0.70 0.70
jargo investments ... 0.73 0.73 0.73 0.73 0.73
jsl overseas limit... 0.64 0.64 0.64 0.64 0.64
estrela investment... - - 0.70 - -
beaufield holdings... 0.59 0.59 0.59 0.59 0.59
prj family managem... - 0.42 - - -
jsw holdings limit... 0.36 0.36 0.36 0.36 0.36
pentel holding lim... - - 0.32 0.32 0.32
jsl limited 0.26 0.26 0.26 0.26 0.26
naveen jindal huf - 0.22 0.22 0.22 0.22
p r jindal huf - - 0.18 0.18 0.18
p r jindal huf . 0.18 0.18 - - -
goswamis credits &... 0.18 0.18 0.18 0.18 0.18
s k jindal and son... 0.16 0.16 - - -
s k jindal & sons ... - - 0.16 0.16 0.16
nalwa steel and po... 0.13 0.13 0.14 0.14 0.14
deepika jindal 0.10 0.10 0.10 0.10 0.10
r k jindal & sons ... - - 0.08 0.08 0.08
sangita jindal 0.07 0.07 0.07 0.07 0.07
r k jindal & sons ... 0.08 0.08 - - -
sarika jhunjhnuwala 0.06 0.06 - - 0.06
sarika jhunjhunuwa... - - 0.06 0.06 -
sminu jindal 0.01 0.03 - - -
tripti jindal 0.01 0.03 0.01 0.01 0.01
prithvi raj jindal - - 0.03 0.03 -
parth jindal 0.02 0.02 0.02 0.02 0.02
abhyuday jindal - - 0.02 0.02 -
ratan jindal - - - - 0.02
abhyuday jindal 0.02 0.02 - - 0.02
urmila bhuwalka 0.01 0.01 - - -
urvi jindal 0.01 0.01 0.01 0.01 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
arti jindal 0.01 0.01 0.01 0.01 0.01
sminu jindal - - 0.01 0.01 0.01
sushil bhuwalka - - 0.01 0.01 0.01
PARTICULARS Dec 2020% Mar 2021% Jun 2021% Sep 2021% Dec 2021%
Investors 39.53 39.53 39.53 39.53 39.56
kotak flexicap fund 4.04 4.16 - - -
icici prudential l... - - - 3.08 3.50
kotak tax saver sc... - - 2.33 2.64 3.14
blackrock global f... - - 1.39 1.11 -
icici prudential l... - 2.04 2.49 - -
nippon life india ... 1.74 1.38 - - -
blackrock global f... - - 1.13 - -
l&t mutual fund tr... - - - - 1.68
tree line asia mas... - - 1.47 1.47 1.47
hdfc trustee compa... 1.55 1.51 - - -
l and t mutual fun... - - - - -
idfc tax advantage... - - - 1.34 1.14
kotak funds - indi... - - 1.19 1.19 1.16
dsp tax saver fund - 1.09 - - -
iepf - 0.73 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

JSPL reports 27% rise in steel sales at 6.85 lakh tonnes in December4 Jan 2022, 3:36PM Jindal Steel & Power informs about media release4 Jan 2022, 11:54AM Jindal Steel & Power informs about analyst meet 3 Jan 2022, 12:42PM Jindal Steel & Power informs about disclosure1 Jan 2022, 10:03AM CCI approves acquisition of over 96% stake in JSPL’s arm by Worldone31 Dec 2021, 10:33AM Jindal Steel & Power informs about disclosure24 Dec 2021, 1:43PM Jindal Steel & Power informs about analyst meet 22 Dec 2021, 5:05PM Jindal Steel & Power informs about investor meet20 Dec 2021, 12:37PM Jindal Steel & Power informs about analyst meet17 Dec 2021, 9:38AM Jindal Steel & Power informs about analyst meeting16 Dec 2021, 9:26AM Jindal Steel & Power informs about analyst meet15 Dec 2021, 12:16PM Jindal Steel & Power informs about press release8 Dec 2021, 12:14PM JSPL’s steel production rises 10% in November 8 Dec 2021, 9:41AM Jindal Steel & Power informs about disclosure6 Dec 2021, 5:00PM Jindal Steel & Power informs about investor meet3 Dec 2021, 1:03PM Jindal Steel & Power informs about analyst meet29 Nov 2021, 12:48PM JSPL’s steel production up 7% in October 2021 16 Nov 2021, 10:35AM JSPL reports around 3- fold jump in Q2 consolidated net profit3 Nov 2021, 12:44PM Jindal Steel & Power - Quaterly Results2 Nov 2021, 2:07PM Jindal Steel & Power informs about disclosure25 Oct 2021, 2:49PM Jindal Steel & Power informs about un-audited financial results 25 Oct 2021, 1:44PM Jindal Steel & Power informs about disclosure8 Oct 2021, 9:44AM JSPL records 32% growth in steel sales in Q2FY225 Oct 2021, 10:26AM Jindal Steel & Power informs about media release5 Oct 2021, 9:53AM JSPL aims to start mining at Kasia iron ore block within a month27 Sep 2021, 11:44AM Jindal Steel & Power informs about analyst meet23 Sep 2021, 2:59PM JSPL declared as preferred bidder for Kasia Iron Ore Mine by Odisha Government23 Sep 2021, 9:59AM Jindal Steel & Power informs about press release23 Sep 2021, 9:54AM Jindal Steel & Power informs about analyst meet 21 Sep 2021, 1:25PM Jindal Steel & Power upgrades rail inspection line with cutting-edge automation tech20 Sep 2021, 2:57PM JSPL prepays $105.66 million loan in its Australian entity9 Sep 2021, 9:48AM Jindal Steel & Power informs about media release7 Sep 2021, 10:57AM JSPL reports 4% rise in steel sales in August 7 Sep 2021, 10:39AM JSPL eyeing to conclude deal to sell 96.42% stake in Jindal Power by December 6 Sep 2021, 12:53PM JSPL gets shareholders’ nod to sell 96.42% stake in Jindal Power3 Sep 2021, 4:08PM Jindal Steel gets nod to raise fund up to $1 billion31 Aug 2021, 11:34AM Jindal Steel & Power informs about investor presentation25 Aug 2021, 10:14AM Jindal Steel & Power informs about analyst meet20 Aug 2021, 9:40AM Jindal Steel & Power reports many fold jump in Q1 consolidated net profit10 Aug 2021, 3:56PM Jindal Steel & Power’s board accepts Rs 7,401 crore revised offer for Jindal Power from Worldone9 Aug 2021, 12:57PM JSPL reports 5% rise in steel sales in July 5 Aug 2021, 10:16AM Jindal Steel & Power informs about media release5 Aug 2021, 9:56AM Jindal Steel & Power informs about newspaper advertisement3 Aug 2021, 5:17PM 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 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 3.74910471212909 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 10.9027850958955 % 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 1.3193518912362 .

  • 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 25.3921162208628 % .(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 0.5626 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 11.2274388668924 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 26.9921935317835 % which is fair 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 39.1858911253 %.

  • 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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