Jindal Stainless Ltd.

NSE: JSL BSE: 532508 SECTOR: Steel & Iron Products  45k   267   39

98.80
-0.80 (-0.80%)
NSE: 24 Jun 03:58 PM

Price Summary

Today's High

₹ 101.7

Today's Low

₹ 98.05

52 Week High

₹ 224.4

52 Week Low

₹ 95.05

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.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

5191.9 Cr.

Enterprise Value

8002 Cr.

No. of Shares

52.55 Cr.

P/E

3.1

P/B

1.05

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  93.92

CASH

89.2 Cr.

DEBT

2899.3 Cr.

Promoter Holding

69.87 %

EPS (TTM)

₹  31.86

Sales Growth

-5.2%

ROE

14.87 %

ROCE

18.83%

Profit Growth

179.91 %

* 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 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 Year-5.2%
3 Year2.69%
5 Year12.34%

Profit Growth

1 Year179.91%
3 Year10.37%
5 Year22.56%

ROE%

1 Year14.87%
3 Year8.86%
5 Year9.23%

ROCE %

1 Year18.83%
3 Year14.54%
5 Year13.34%

Debt/Equity

0.9355

Price to Cash Flow

4.01

Interest Cover Ratio

2.51050248005176

CFO/PAT (5 Yr. Avg.)

9.46712572392722

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2022 69.87 78.32
Dec 2021 68.6 83.13
Sep 2021 68.6 83.13
Jun 2021 68.12 86.64
Mar 2021 68.12 86.64
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company’s PEG ratio is 0.0172348988918757.
  • The company has an efficient Cash Conversion Cycle of -20.2688777603321 days.
  • The company has a good cash flow management; CFO/PAT stands at 9.46712572392722.

 Limitations

  • The company has shown a poor revenue growth of 2.69192116072932% for the Past 3 years.
  • Promoter pledging has increased from 69.87% to 78.32% in 1 quarter.
  • Company has contingent liabilities of 3323.68 Cr.
  • Promoter pledging is high as 78.32%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
Net Sales 3809.63 3841.27 4814.99 5368.47 6287.21
Total Expenditure 3288.27 3261.44 4104.41 4629.23 5526.07
Operating Profit 521.36 579.83 710.58 739.24 761.14
Other Income 12.04 9.62 14.55 12.36 17.18
Interest 91.5 81.11 78.71 88.62 68.41
Depreciation 90.21 90.72 89.2 89.6 88.07
Exceptional Items 54.14 0 0 0 0
Profit Before Tax 405.83 417.62 557.22 573.38 621.84
Tax 140.89 146.2 194.59 201.56 -46.74
Profit After Tax 264.94 271.42 362.63 371.82 668.58
Adjusted EPS (Rs) 5.44 5.57 7.19 7.37 12.72

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 8311.28 10784.55 12585.01 12320.11 11679.14
Total Expenditure 7204.58 9503.62 11449.07 11145.29 10283.29
Operating Profit 1106.7 1280.93 1135.94 1174.82 1395.85
Other Income 25.55 45.41 27.58 36.98 42.3
Interest 761.69 540.63 614.09 566.89 463.7
Depreciation 307.98 303.84 335.08 408.86 373.42
Exceptional Items 26.13 1.37 6.31 8.31 99.39
Profit Before Tax 88.71 483.24 220.66 244.36 700.42
Tax 30.37 164.97 81.62 91.48 272.5
Net Profit 58.34 318.27 139.04 152.88 427.92
Adjusted EPS (Rs.) 1.46 6.64 2.9 3.14 8.78

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 79.89 95.84 95.84 97.45 97.45
Total Reserves 1661.32 2255.78 2378.67 2559.87 3055.33
Borrowings 3381.99 3550.9 3152.69 2715.57 2545.9
Other N/C liabilities 14.36 450.25 495.1 653.91 891.26
Current liabilities 5147.04 3811.55 3899.12 4081.16 3674.73
Total Liabilities 10284.6 10164.32 10021.42 10107.96 10264.67
Assets
Net Block 6391.56 6143.49 6142.78 5969.4 5678.73
Capital WIP 29.73 130.25 20.14 9.13 49.22
Intangible WIP 0 11.53 5.64 2.4 5.5
Investments 480.19 484.14 486.37 486.93 490.56
Loans & Advances 42.06 89.69 63.9 178.2 223.65
Other N/C Assets 9.65 11.87 9.99 10.22 7.25
Current Assets 3331.41 3293.35 3292.6 3451.68 3809.76
Total Assets 10284.6 10164.32 10021.42 10107.96 10264.67
* 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 88.71 483.24 220.66 244.36 700.42
Adjustment 1020.8 865.03 916.61 961.82 744.2
Changes in Assets & Liabilities 4086.42 41.57 218.85 -81.91 -160.57
Tax Paid -13.69 37.33 -2.95 -1.23 10.56
Operating Cash Flow 5182.24 1427.17 1353.17 1123.04 1294.61
Investing Cash Flow -5.25 -183.71 -172.16 -162.03 -153.65
Financing Cash Flow -5198.49 -1258.18 -1195.64 -950.97 -1106.64
Net Cash Flow -21.5 -14.72 -14.63 10.04 34.32

Corporate Actions

Investors Details

PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Promoters 68.12 68.12 68.60 68.60 69.87
jindal stainless (... 33.37 33.37 32.02 32.02 -
jsl overseas holdi... 14.08 14.08 13.51 13.51 19.22
jsl overseas limit... - - - - 11.49
virtuous tradecorp... 6.59 6.59 10.36 10.36 -
sun investments pv... 1.84 1.84 1.77 1.77 4.02
ratan jindal 1.83 1.83 1.76 1.40 3.21
jindal equipment l... 1.14 1.14 1.09 1.09 2.48
jindal strips limi... 1.05 1.05 1.01 1.01 2.30
vrindavan services... 0.98 0.98 0.94 0.94 2.14
hexa securities an... 0.98 0.98 0.94 0.94 2.13
jsl limited 1.60 1.60 1.54 1.54 -
mansarover investm... - - 0.72 - 1.64
siddeshwari tradex... 0.55 0.55 0.52 0.52 1.19
gagan trading comp... 0.49 0.49 0.47 0.47 1.06
colarado trading c... 0.41 0.41 0.39 0.39 0.90
mansarover tradex ... 0.75 0.75 - 0.72 -
nalwa investments ... 0.34 0.34 0.32 0.32 0.74
abhyuday jindal 0.65 0.65 - 0.62 -
abhyuday jindal - - 0.62 - 0.01
stainless investme... 0.29 0.29 0.27 0.27 0.62
ever plus securiti... 0.23 0.23 0.22 0.22 0.50
manjula finances l... 0.20 0.20 0.19 0.19 0.44
jindal rex explora... 0.18 0.18 0.18 0.18 0.40
goswamis credits &... 0.17 0.17 0.17 0.17 0.38
renuka financial s... 0.18 0.18 0.17 0.17 0.38
urvi jindal - - - 0.36 0.01
abhinandan investm... 0.16 0.16 0.15 0.15 0.35
nalwa engineering ... 0.15 0.15 0.14 0.14 0.32
jsw holdings limit... 0.09 0.09 0.09 0.09 0.20
meredith traders p... 0.08 0.08 0.08 0.08 0.18
nalwa sons investm... 0.07 0.07 0.07 0.07 0.15
naveen jindal - - - - 0.06
savitri devi jindal 0.02 0.02 0.02 0.02 0.04
sarika jhunjhnuwala 0.02 0.02 0.01 0.01 0.03
p r jindal huf . 0.01 0.01 0.01 0.01 0.03
deepika jindal 0.01 0.01 0.01 0.01 0.03
naveen jindal (huf) 0.02 0.02 0.02 0.02 -
sangita jindal 0.02 0.02 0.02 0.02 0.02
sajjan jindal - - - - 0.02
sminu jindal - - 0.01 - 0.02
rohit tower buildi... 0.01 0.01 0.01 0.01 0.01
s k jindal and son... 0.01 0.01 0.01 0.01 0.01
sminu jindal 0.01 0.01 - 0.01 -
parth jindal 0.01 0.01 0.01 0.01 0.01
prithavi raj jindal 0.01 0.01 0.01 0.01 -
prithvi raj jindal - - - - 0.01
r k jindal & sons ... - - - - 0.01
arti jindal - - - - 0.01
tanvi jindal - - - - 0.01
tarini jindal - - - - 0.01
tripti jindal - - - - 0.01
PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Investors 31.88 31.88 31.40 31.40 30.13
kotak special situ... 3.24 3.24 - 3.01 -
citigroup global m... - - - - 5.15
hypnos fund limited 3.10 3.08 - 2.95 4.46
elm park fund limi... 3.90 3.89 - 3.73 3.38
elm park fund limi... - - 4.05 - -
vinod mohan nair - - - - 3.94
reliance capital t... - - - - 3.86
kotak special situ... - - 3.81 - -
hypnos fund limite... - - 3.76 - -
albula investment ... 2.03 2.03 - 1.94 1.56
albula investment ... - - 2.10 - -
abu dhabi investme... 1.09 1.09 - - -
india max investme... - - - - 1.68
globe fincap limit... - - - - 1.63
l and t mutual fun... 1.60 1.60 - 1.53 -
abu dhabi investme... - - 1.54 - -
reliance capital t... - - - - 1.02

Annual Reports

Ratings & Research Reports

Company Presentations

  • ConcallQ4FY22 17 May 2022
  • PresentationQ2FY22 9 Nov 2021
  • PresentationQ1FY21 7 Aug 2020
  • PresentationQ3FY21 5 Feb 2021
  • PresentationQ1FY22 4 Aug 2021
  • PresentationQ2FY21 31 Oct 2020
  • PresentationQ4FY21 29 May 2021
  • PresentationQ4FY21 20 May 2021
  • PresentationQ4FY20 19 Jun 2020
  • PresentationQ3FY22 11 Feb 2022
  • PresentationQ3FY22 11 Feb 2022

Company News

Jindal Stainless supplies stainless steel for foot-overbridge in Andhra Pradesh31 May 2022, 3:20PM Jindal Stainless informs about Investor meet16 May 2022, 4:46PM Jindal Stainless reports around 3-fold jump in Q4 consolidated net profit4 May 2022, 12:56PM Jindal Stainless - Quaterly Results2 May 2022, 3:46PM Jindal Stainless - Quaterly Results2 May 2022, 3:46PM Jindal Stainless - Quaterly Results2 May 2022, 3:46PM Jindal Stainless, Jindal Stainless (Hisar) get shareholders, creditors nod for proposed merger27 Apr 2022, 2:15PM Jindal Stainless keen to make investment in renewable energy sector19 Apr 2022, 11:16AM Jindal Stainless’ exports sales proportion doubles to 32% of sales volumes in Q4FY2213 Apr 2022, 5:39PM Jindal Stainless reports 23% jump in FY22 sales 8 Apr 2022, 11:42AM Jindal Stainless (Hisar) informs about closure of trading window30 Mar 2022, 12:14PM Jindal Stainless (Hisar) gets international certification in aerospace industry9 Mar 2022, 4:27PM Jindal Stainless informs about press release2 Mar 2022, 1:00PM Jindal Stainless raises Rs 375 crore via NCDs24 Feb 2022, 3:48PM Jindal Stainless inks pact with HSBTE to promote technical education in stainless steel technology22 Feb 2022, 11:25AM Jindal Stainless enters into pact with Indian Institute of Technology17 Feb 2022, 11:57AM Jindal Stainless gets nod to raise funds worth Rs 3,500 crore7 Feb 2022, 4:21PM Jindal Stainless - Quaterly Results7 Feb 2022, 3:40PM Jindal Stainless - Quaterly Results7 Feb 2022, 3:40PM Jindal Stainless - Quaterly Results7 Feb 2022, 3:40PM Jindal Stainless planning to raise funds by way of issue of debt securities3 Feb 2022, 12:21PM Jindal Stainless informs about press release 2 Feb 2022, 2:35PM Ind-Ra upgrades long-term issuer rating of Jindal Stainless to ‘AA-’2 Feb 2022, 12:12PM CRISIL upgrades Jindal Stainless’ long-term bank facilities rating to ‘AA-/Stable’7 Jan 2022, 3:41PM Jindal Stainless supplies 2000 tonne steel for Kanpur Metro Project5 Jan 2022, 3:35PM CARE Ratings upgrades long-term rating of Jindal Stainless (Hisar) to ‘AA-’4 Jan 2022, 4:44PM Jindal Stainless aims to Rs 500-crore revenue from chequered sheet business in 3 years17 Dec 2021, 3:27PM Jindal Stainless launches first branded Chequered Stainless Steel sheet ‘Infinity’ 16 Dec 2021, 2:50PM Jindal Stainless informs about press release 16 Dec 2021, 1:14PM Jindal Stainless informs about analyst meet10 Dec 2021, 12:48PM Jindal Stainless informs about corporate presentation2 Dec 2021, 11:00AM Jindal Stainless gets nod to acquire stake in JSL Ferrous26 Oct 2021, 4:34PM Jindal Stainless informs about board meeting 19 Oct 2021, 5:09PM Jindal Stainless informs about investors meeting21 Sep 2021, 5:28PM Jindal Stainles informs about press release26 Aug 2021, 4:51PM Jindal Stainless informs about earnings presentation30 Jul 2021, 10:02AM Jindal Stainless turns black in Q1 27 Jul 2021, 11:13AM Jindal Stainless signs MoU with Tata Steel Mining20 Jul 2021, 9:19AM Jindal Stainless informs about press release17 Jul 2021, 3:16PM Jindal Stainless informs about disclosure15 Jul 2021, 9:47AM Jindal Stainless informs about details of loss of share certificate14 Jul 2021, 4:18PM Jindal Stainless facilitates supply of 150 ventilators to Haryana, Odisha18 Jun 2021, 9:59AM Jindal Stainless informs about investors meet28 May 2021, 10:42AM Jindal Stainless informs about corporate presentation28 May 2021, 10:41AM Jindal Stainless informs about revised earnings presentation21 May 2021, 1:06PM Jindal Stainless informs about non-applicability of large corporate entity28 Apr 2021, 10:54AM Jindal Stainless starts oxygen supply for treatment of COVID-19 patients28 Apr 2021, 9:01AM Jindal Stainless’ O P Jindal Modern School to turn into COVID hospital in Hisar27 Apr 2021, 11:12AM Jindal Stainless to bear COVID-19 vaccination cost of employees, their families 16 Mar 2021, 10:14AM Jindal Stainless gets nod from bourses for amalgamation12 Mar 2021, 3:32PM

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 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 Stainless has a PE ratio of 3.10065841916634 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 Stainless has ROA of 4.20093036588796 % 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 1.03674555681642 .

  • 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 14.8676772554974 % .(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 D/E ratio of 0.9355 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 Stainless has an Inventory turnover ratio of 4.97747909249331 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Jindal Stainless has reported revenue growth of -5.20263211935609 % 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 11.9516505496124 %.

  • 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 0 and the yield is 0 %.

Brief about Jindal Stainless

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