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Jindal Stainless share price

Jindal Stainless Ltd.

NSE: JSL BSE: 532508 SECTOR: Steel & Iron Products  145k   611   94

815.00
+3.70 (0.46%)
NSE: 02 Jul 4:00 PM

Price Summary

Today's High

₹ 819.7

Today's Low

₹ 805.2

52 Week High

₹ 841

52 Week Low

₹ 341.5

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
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

67109.92 Cr.

Enterprise Value

69701.29 Cr.

No. of Shares

82.34 Cr.

P/E

26.52

P/B

4.9

Face Value

₹ 2

Div. Yield

0.37 %

Book Value (TTM)

₹  166.38

CASH

898.12 Cr.

DEBT

3489.49 Cr.

Promoter Holding

60.49 %

EPS (TTM)

₹  30.73

Sales Growth

8.48%

ROE

22.41 %

ROCE

21.58%

Profit Growth

-27.81 %

* 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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Index Presence

The company is present in 20 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 Year8.48%
3 Year41.67%
5 Year26.57%

Profit Growth

1 Year-27.81%
3 Year136.18%
5 Year44.63%

ROE%

1 Year22.41%
3 Year31.76%
5 Year21.4%

ROCE %

1 Year21.58%
3 Year27.86%
5 Year21.67%

Debt/Equity

0.3046

Price to Cash Flow

23.68

Interest Cover Ratio

10.1607481702358

CFO/PAT (5 Yr. Avg.)

1.39679677613821

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 60.49 0
Dec 2023 58.69 0
Sep 2023 57.94 77.54
Jun 2023 57.94 77.54
Mar 2023 57.94 77.54
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 136.176272541502% for the Past 3 years.
  • The company has shown a good revenue growth of 41.6690943504801% for the Past 3 years.
  • Company has been maintaining healthy ROE of 31.759783391613% over the past 3 years.
  • Company has been maintaining healthy ROCE of 27.8612105090514% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 10.1607481702358.
  • The company has an efficient Cash Conversion Cycle of 8.27442783458709 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.39679677613821.
  • The company has a high promoter holding of 60.49%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 9444.31 10027.34 9720.35 9087.57 9520.74
Total Expenditure 8347.31 8909.52 8650.55 8066.77 8693.45
Operating Profit 1097 1117.82 1069.8 1020.8 827.29
Other Income 32.29 44.31 33.86 230.04 61.13
Interest 74.58 92.61 104.03 93.41 103.31
Depreciation 168.72 174.23 177.62 182.49 180.84
Exceptional Items 0 0 0 0 31.24
Profit Before Tax 885.99 895.29 822.01 974.94 635.51
Tax 226.84 229.63 212.61 195.67 159.15
Profit After Tax 659.15 665.66 609.4 779.27 476.36
Adjusted EPS (Rs) 8 8.08 7.4 9.46 5.78

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 12585.01 12320.11 11679.14 32291.77 35030.35
Total Expenditure 11449.07 11145.29 10283.29 27836.56 31531.9
Operating Profit 1135.94 1174.82 1395.85 4455.21 3498.45
Other Income 27.58 36.98 42.3 328.02 174.73
Interest 614.09 566.89 463.7 312.13 295.12
Depreciation 335.08 408.86 373.42 703.68 674.54
Exceptional Items 6.31 8.31 99.39 0 0
Profit Before Tax 220.66 244.36 700.42 3767.42 2703.52
Tax 81.62 91.48 272.5 977.45 689.52
Net Profit 139.04 152.88 427.92 2789.97 2014
Adjusted EPS (Rs.) 2.9 3.14 8.78 53.09 24.46

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 95.84 97.45 97.45 105.1 164.69
Total Reserves 2378.67 2559.87 3055.33 9341.28 11292.2
Borrowings 3152.69 2715.57 2545.9 2560.25 2755.97
Other N/C liabilities 495.1 653.91 891.26 1401.22 1477.47
Current liabilities 3899.12 4081.16 3674.73 7926.32 10449.39
Total Liabilities 10021.42 10107.96 10264.67 21334.17 26139.72
Assets
Net Block 6142.78 5969.4 5678.73 8160.05 9454.56
Capital WIP 20.14 9.13 49.22 494.65 508.64
Intangible WIP 5.64 2.4 5.5 6.96 11.56
Investments 486.37 486.93 490.56 866.45 871.08
Loans & Advances 63.9 178.2 223.65 848.38 817.05
Other N/C Assets 9.99 10.22 7.25 5.76 9.26
Current Assets 3292.6 3451.68 3809.76 10951.92 14467.57
Total Assets 10021.42 10107.96 10264.67 21334.17 26139.72
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 220.66 244.36 700.42 3767.42 2703.52
Adjustment 916.61 961.82 744.2 983.41 879.9
Changes in Assets & Liabilities 218.85 -81.91 -160.57 -2840.73 -60.5
Tax Paid -2.95 -1.23 10.56 -798.86 -689.34
Operating Cash Flow 1353.17 1123.04 1294.61 1111.24 2833.58
Investing Cash Flow -172.16 -162.03 -153.65 -922.8 -2366.67
Financing Cash Flow -1195.64 -950.97 -1106.64 -37.66 -224.62
Net Cash Flow -14.63 10.04 34.32 150.78 242.29

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 57.94 57.94 57.94 58.69 60.49
abhinandan investments li... 0.29 0.29 0.29 0.29 0.29
abhyuday jindal 1.29 3.05 3.05 3.05 3.05
colarado trading co ltd 0.74 0.74 0.74 0.74 0.74
deepika jindal 0.39 0.39 0.39 0.39 0.39
ever plus securities and ... 0.41 0.41 0.41 0.41 0.41
gagan trading company lim... 0.88 0.88 0.88 0.88 0.88
goswamis credits & invest... 0.31 0.31 0.31 0.31 0.31
hexa securities and finan... 1.77 1.77 1.77 1.77 1.77
jindal equipment leasing ... 2.05 2.05 2.05 2.05 2.05
jindal infrastructure and... 0.56 0.56 0.56 0.56 0.56
jindal rex exploration pr... 0.33 0.33 0.33 0.33 0.33
jindal strips limited 1.90 1.90 1.90 1.90 1.90
jsl limited 1.69 1.69 1.69 1.69 1.69
jsl overseas holding ltd 15.10 15.10 15.10 15.10 15.59
jsl overseas ltd 11.01 11.01 11.01 11.75 12.30
jsw holdings limited 0.17 0.17 0.17 0.17 0.17
manjula finances ltd 0.36 0.36 0.36 0.36 0.36
mansarover tradex limited... 1.36 1.36 1.36 1.36 1.36
meredith traders private ... 0.15 0.15 0.15 0.15 0.15
nalwa engineering co ltd 0.27 0.27 0.27 0.27 0.27
nalwa investments limited... 0.61 0.61 0.61 0.61 0.61
nalwa sons investments li... 0.12 0.12 0.12 0.12 0.12
naveen jindal huf 0.04 0.04 0.04 0.04 0.04
p r jindal huf . 0.02 0.02 0.02 0.02 0.02
pacific metallic trading ... 0.14 0.14 0.14 0.14 0.14
pankaj continental ltd 0.24 0.24 0.24 0.24 0.24
parth jindal 0.01 0.01 0.01 0.01 0.01
prj family management com... - - 0.02 0.02 0.02
renuka financial services... 0.32 0.32 0.32 0.32 0.32
rohit tower building ltd 0.01 0.01 0.01 0.01 0.01
s k jindal and sons huf .... 0.01 0.01 0.01 0.01 0.01
sangita jindal 0.03 0.03 0.03 0.03 0.03
sarika jhunjhnuwala 0.03 0.03 0.03 0.03 0.03
savitri devi jindal 0.03 0.03 0.03 0.03 0.03
siddeshwari tradex privat... 0.99 0.99 0.99 0.99 0.99
sminu jindal 0.02 0.02 0.02 0.02 0.02
stainless investments lim... 0.52 0.52 0.52 0.52 0.52
sun investments pvt ltd 3.33 3.33 3.33 3.33 3.33
urvi jindal 0.23 0.23 0.23 0.23 0.23
virtuous tradecorp privat... 6.61 6.61 6.61 6.61 7.38
vrindavan services privat... 1.77 1.77 1.77 1.77 1.77
arti jindal 0.02 0.02 - - -
ratan jindal 1.76 - - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 42.06 42.06 42.06 41.31 39.51
albula investment fund lt... 3.49 3.49 3.49 3.49 3.49
bnp paribus financial mar... - - - 1.73 1.07
elm papark fund limited 6.71 6.71 6.71 6.71 4.84
hsbc value fund 1.04 - - 1.20 1.41
hypnos fund limited 4.45 4.45 4.41 1.97 -
quant mutual fund - quant... 1.02 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Jindal Stainless completes acquisition of 100% stake in Sulawesi Nickel Processing Industries1 Jul 2024, 11:00AM Jindal Stainless supplies stainless steel to manufacture 100 freight wagons for Mozambique20 Jun 2024, 5:45PM Jindal Stainless informs about disclosure 19 Jun 2024, 12:01PM Jindal Stainless acquires remaining 46% stake in Chromeni Steels17 Jun 2024, 10:55AM Jindal Stainless informs about acquisition 14 Jun 2024, 5:12PM Jindal Stainless acquires 100% stake in Evergreat International Investment 5 Jun 2024, 11:00AM Jindal Stainless reports 30% fall in Q4 consolidated net profit16 May 2024, 11:50AM Jindal Stainless - Quaterly Results15 May 2024, 5:41PM Jindal Stainless - Quaterly Results15 May 2024, 5:41PM Jindal Stainless - Quaterly Results15 May 2024, 5:41PM Jindal Stainless supplies high-strength stainless steel to India’s first Vande Metro train14 May 2024, 3:40PM Jindal Stainless informs about press release7 May 2024, 5:13PM Jindal Stainless supplies special alloy steel sheets in DRDO’s SMART system for Navy7 May 2024, 3:14PM Jindal Stainless to invest Rs 5,400 crore in capacity expansion, acquisitions2 May 2024, 12:30PM Jindal Stainless gets nod to acquire 54% equity stake in Chromeni Steels2 May 2024, 11:38AM Jindal Stainless’ arm launches premium cookware range under Arttd’inox lifestyle brand8 Apr 2024, 4:30PM Jindal Stainless informs about credit rating6 Apr 2024, 11:56AM Jindal Stainless acquires additional 30% stake in lberjindal4 Apr 2024, 5:38PM Jindal Stainless partially divests 4.87% stake in Jindal Coke4 Apr 2024, 4:26PM Jindal Stainless, IIT Kharagpur to jointly work on metallurgical projects26 Mar 2024, 12:44PM Jindal Stainless informs about press release23 Mar 2024, 2:16PM Jindal Stainless supplies stainless steel for underwater metro line in Kolkata18 Mar 2024, 2:51PM Jindal Stainless informs about loss of share certificate16 Mar 2024, 4:19PM Jindal Stainless commences use of green hydrogen for stainless steel plant in Hisar4 Mar 2024, 5:26PM Jindal Stainless informs about disclosures23 Feb 2024, 1:03PM Jindal Stainless informs about disclosure15 Feb 2024, 10:50AM Jindal Stainless inks MoU with MSME Technology Centre in Visakhapatnam 12 Feb 2024, 10:59AM Jindal Stainless informs about disclosure8 Feb 2024, 2:48PM Jindal Stainless informs about compliances-certificate 20 Jan 2024, 2:40PM Jindal Stainless reports 35% rise in Q3 consolidated net profit18 Jan 2024, 6:12PM Jindal Stainless - Quaterly Results18 Jan 2024, 2:54PM Jindal Stainless - Quaterly Results18 Jan 2024, 2:54PM Jindal Stainless - Quaterly Results18 Jan 2024, 2:54PM Jindal Stainless gets nod to acquire 100% stake in Rabirun Vinimay19 Dec 2023, 3:12PM Jindal Stainless informs about press release 8 Dec 2023, 1:09PM Jindal Stainless aims to achieve 50% carbon emissions reduction well before 20358 Dec 2023, 12:16PM Jindal Stainless informs about disclosure 1 Dec 2023, 3:25PM Jindal Stainless informs about disclosure30 Nov 2023, 2:54PM Jindal Stainless informs about disclosure 24 Nov 2023, 12:54PM Jindal Stainless informs about analyst meet17 Nov 2023, 3:13PM Crisil Ratings upgrades Jindal Stainless' rating to stable15 Nov 2023, 12:40PM Jindal Stainless reports over 2- fold jump in Q2 consolidated net profit19 Oct 2023, 6:07PM Jindal Stainless - Quaterly Results19 Oct 2023, 3:31PM Jindal Stainless - Quaterly Results19 Oct 2023, 3:31PM Jindal Stainless - Quaterly Results19 Oct 2023, 3:31PM Jindal Stainless informs about meeting updates22 Sep 2023, 4:56PM Jindal Stainless supplies special alloy steel grade for motor casing in Chandrayaan-325 Aug 2023, 11:51AM Jindal Stainless informs about corporate presentation8 Aug 2023, 10:55AM Jindal Stainless reports 45% rise in Q1 consolidated net profit27 Jul 2023, 10:30AM Jindal Stainless - Quaterly Results26 Jul 2023, 4:28PM

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

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Jindal Stainless stock price today is Rs 815. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Jindal Stainless . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Jindal Stainless has a PE ratio of 26.5184669397689 which is high and comparatively overvalued .

  • Share Price: - The current share price of Jindal Stainless is Rs 815. One can use valuation calculators of ticker to know if Jindal Stainless share price is undervalued or 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 Stainless has ROA of 8.48466388576963 % 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 Stainless has a Current ratio of 1.3845372792096 .

  • 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 Stainless has a ROE of 22.4058473253993 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Jindal Stainless has a Debt to Equity ratio of 0.3046 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Jindal Stainless has reported revenue growth of 8.48073673261018 % 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 Stainless for the current financial year is 9.98691134972958 %.

  • 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 Stainless is Rs 2.5 and the yield is 0.3685 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Jindal Stainless is Rs 30.7333 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Jindal Stainless in Ticker for free. Also, one can get the intrinsic value of Jindal Stainless by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Jindal Stainless

Jindal Stainless Ltd.Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

 

Jindal Stainless Ltd. is a leading manufacturer of stainless steel in India. The company produces a range of products such as flat products, long products, and value-added products.  We will provide a comprehensive analysis of Jindal Stainless Ltd.'s stock performance and key financial indicators.

Jindal Stainless Ltd. Share Price 

Jindal Stainless Ltd.'s share price has been volatile over the past few years due to various factors such as changes in government policies, fluctuations in commodity prices, and global economic conditions. However, the company has shown resilience and has been able to maintain a stable share price over the long term. Investors can use our pre-built screening tools to track Jindal Stainless Ltd.'s share price and compare it with other companies in the industry.

Jindal Stainless Ltd. Balance Sheet 

Jindal Stainless Ltd.'s balance sheet is a reflection of the company's financial health and stability. The company has a strong balance sheet with a healthy debt-to-equity ratio and a high current ratio. Ticker premium features allow fair value calculation using tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. These tools provide investors with a comprehensive understanding of the company's financial position and help them make informed investment decisions.

Jindal Stainless Ltd. Annual Report

Jindal Stainless Ltd.'s annual reports provide detailed information about the company's operations, financial performance, and future prospects. Investors can download the annual reports from Ticker and analyze the company's performance over the years. The annual report also includes information about the company's management team, corporate governance practices, and sustainability initiatives.

Jindal Stainless Ltd. Dividend 

Jindal Stainless Ltd. has a consistent track record of paying dividends to its shareholders. The company has a dividend payout ratio of over 30%, which indicates that it is committed to sharing its profits with its shareholders. Investors can track Jindal Stainless Ltd.'s dividend history using Ticker pre-built screening tools and compare it with other companies in the industry.

Jindal Stainless Ltd. Quarterly Result 

Jindal Stainless Ltd.'s quarterly results provide an insight into the company's performance over a shorter period. The company's revenue and profits can be affected by various factors such as changes in government policies, fluctuations in commodity prices, and global economic conditions. Ticker premium features allow fair value calculation using tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. These tools provide investors with a comprehensive understanding of the company's financial position and help them make informed investment decisions.

Jindal Stainless Ltd. Stock Price 

Jindal Stainless Ltd.'s stock price is influenced by various factors such as the company's financial performance, market conditions, and investor sentiment. Investors can track Jindal Stainless Ltd.'s stock price using our pre-built screening tools and compare it with other companies in the industry. Our premium features allow fair value calculation using tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis.

Jindal Stainless Ltd. Price Chart 

Jindal Stainless Ltd.'s price chart provides a visual representation of the company's stock performance over a period of time. Investors can use our pre-built screening tools to analyze Jindal Stainless Ltd.'s price chart and compare it with other companies in the industry. Our premium features allow fair value calculation using tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis.

Jindal Stainless Ltd. News 

Jindal Stainless Ltd.'s news section provides investors with the latest updates about the company's operations, financial performance, and future prospects. Investors can stay informed about the company's developments by regularly checking the news section on Ticker.

Jindal Stainless Ltd. Concall Transcripts 

Jindal Stainless Ltd.'s concall transcripts provide investors with an opportunity to listen to the management team's views on the company's performance and future prospects. Investors can download the concall transcripts from Ticker and gain valuable insights into the company's operations.

Jindal Stainless Ltd. Investor Presentations 

Jindal Stainless Ltd.'s investor presentations provide a comprehensive overview of the company's operations, financial performance, and future prospects. Investors can download the investor presentations from Ticker and gain a deeper understanding of the company's business model and growth prospects.

Jindal Stainless Ltd. Promoters 

Jindal Stainless Ltd.'s promoters include the Jindal family and various financial institutions. The company has a strong backing from its promoters, which provides investors with a sense of security and stability.

Jindal Stainless Ltd. Shareholders 

Jindal Stainless Ltd.'s shareholders include retail investors, institutional investors, and the company's promoters. The company has a diverse shareholder base, which indicates that it is a popular investment choice among investors.

Jindal Stainless Ltd. ROCE

The Return on Capital Employed (ROCE) is a crucial financial metric that helps investors assess the profitability and efficiency of a company's capital investments. It measures the company's ability to generate profits from its total capital employed. On the Jindal Stainless Ltd. stock analysis page, you can find the ROCE ratio data in the financials table or ratio section. This ratio provides insights into the company's efficiency in utilizing its capital and indicates the potential returns that investors can expect.

Jindal Stainless Ltd. EBITDA

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is an important measure of a company's operating performance and profitability. It reflects the earnings generated from core business operations, excluding non-operating items. By analyzing the EBITDA of Jindal Stainless Ltd., investors can gain insights into the company's ability to generate consistent operating income. On the stock analysis page, you can find the EBITDA ratio data in the financials table or ratio section, allowing you to assess the company's operational efficiency.

Jindal Stainless Ltd. DPS

Dividends per Share (DPS) is a financial ratio that indicates the amount of dividend paid to shareholders for each share they own. It is an important metric for income-oriented investors who are interested in regular dividend income. Jindal Stainless Ltd.'s stock analysis page provides the DPS ratio data in the financials table or ratio section. This information helps investors evaluate the company's dividend-paying capacity and make informed decisions based on their investment objectives and preferences.

Jindal Stainless Ltd. EPS

Earnings per Share (EPS) is a crucial financial ratio that represents the profitability of a company on a per-share basis. It is calculated by dividing the company's net income by the number of outstanding shares. On the stock analysis page for Jindal Stainless Ltd., you can find the EPS ratio data in the financials table or ratio section. By analyzing the EPS, investors can assess the company's profitability and track its earnings growth over time, helping them make informed investment decisions.

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