Jindal Stainless (Hisar) Ltd.

NSE: JSLHISAR BSE: 539597 SECTOR: Steel & Iron Products  39k   315   25

246.70
-4.60 (-1.83%)
NSE: Today, 12:54 PM

Price Summary

Today's High

₹ 252.6

Today's Low

₹ 244.4

52 Week High

₹ 431.95

52 Week Low

₹ 189

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
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

5820.51 Cr.

Enterprise Value

7188.81 Cr.

No. of Shares

23.59 Cr.

P/E

4.73

P/B

1.54

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  160.39

CASH

7.96 Cr.

DEBT

1376.26 Cr.

Promoter Holding

58.88 %

EPS (TTM)

₹  52.14

Sales Growth

0.72%

ROE

23.02 %

ROCE

23.11%

Profit Growth

49.15 %

* 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

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Ratios

Sales Growth

1 Year0.72%
3 Year-3.19%
5 Year5.69%

Profit Growth

1 Year49.15%
3 Year6.48%
5 Year80.66%

ROE%

1 Year23.02%
3 Year20.33%
5 Year25.45%

ROCE %

1 Year23.11%
3 Year20.39%
5 Year21.44%

Debt/Equity

0.5945

Price to Cash Flow

4.83

Interest Cover Ratio

3.69950362733868

CFO/PAT (5 Yr. Avg.)

3.03323613069771

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2022 58.88 85.89
Mar 2022 58.88 85.89
Dec 2021 58.88 85.89
Sep 2021 58.87 85.9
Jun 2021 58.08 87.07
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 642.71 Cr.
  • Company has been maintaining healthy ROE of 20.3330046334279% over the past 3 years.
  • Company has been maintaining healthy ROCE of 20.3883809491197% over the past 3 years.
  • Company’s PEG ratio is 0.0962547684831722.
  • The company has an efficient Cash Conversion Cycle of -4.78849543688462 days.
  • The company has a good cash flow management; CFO/PAT stands at 3.03323613069771.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 13.8208336205425.

 Limitations

  • The company has shown a poor profit growth of 6.48472294740088% for the Past 3 years.
  • The company has shown a poor revenue growth of -3.19338006661758% for the Past 3 years.
  • Promoter pledging has increased from 58.88% to 85.89% in 1 quarter.
  • Company has contingent liabilities of 4797.87 Cr.
  • Promoter pledging is high as 85.89%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Net Sales 2512.23 3415.09 3820.33 3801.64 3071.03
Total Expenditure 2130.22 2913.86 3300.12 3265.1 2755.17
Operating Profit 382.01 501.23 520.21 536.54 315.86
Other Income 27.15 27.53 28.78 30.63 23.97
Interest 30.07 19.86 31.77 30.73 29.48
Depreciation 58.03 56.62 57.1 55.15 49.44
Exceptional Items 0 0 0 0 0
Profit Before Tax 321.06 452.28 460.12 481.29 260.91
Tax 81.44 114.76 119.08 124.24 66.27
Profit After Tax 239.62 337.52 341.04 357.05 194.64
Adjusted EPS (Rs) 10.16 14.3 14.45 15.13 8.25

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 6889.81 9258.67 8956.4 8339.69 8399.7
Total Expenditure 5965.54 8119.34 8056.85 7477.92 7397.13
Operating Profit 924.27 1139.33 899.55 861.77 1002.57
Other Income 60.73 112.36 95.73 97.88 95.26
Interest 411.93 395.45 347.56 303.64 235.71
Depreciation 265.24 266.6 275.78 273.16 265.89
Exceptional Items 18.02 18.44 31.81 18.71 40.07
Profit Before Tax 325.85 608.08 403.75 401.56 636.3
Tax 107.83 212.38 142.1 81.23 158.52
Net Profit 218.02 395.7 261.65 320.33 477.78
Adjusted EPS (Rs.) 9.24 16.77 11.09 13.58 20.25

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 47.19 47.19 47.19 47.19 47.19
Total Reserves 814.87 1208.82 1469.52 1789.06 2267.82
Borrowings 2401.51 2206.32 1929.16 1799.03 1219.61
Other N/C liabilities 46.21 96.45 94.83 60.21 35.66
Current liabilities 3044.13 2820.76 2577.49 2534.69 2794.3
Total Liabilities 6353.91 6379.54 6118.19 6230.18 6364.58
Assets
Net Block 2233.77 2101.98 1989.01 1891.07 1737.34
Capital WIP 40.54 63.08 88.08 105.5 181.93
Intangible WIP 0 0 2.25 0 0
Investments 416.77 416.77 416.77 416.77 416.82
Loans & Advances 554.26 979.07 974.43 993.28 1120.28
Other N/C Assets 21.43 0.05 0.06 0.06 0.01
Current Assets 3087.14 2818.59 2647.59 2823.5 2908.2
Total Assets 6353.91 6379.54 6118.19 6230.18 6364.58
* 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 325.85 608.08 403.75 401.56 636.3
Adjustment 619.62 552.19 535.53 493.52 398.57
Changes in Assets & Liabilities -251.73 437.68 353 -105.62 252.79
Tax Paid -37.42 -154.03 -156.72 -153.06 -83.8
Operating Cash Flow 656.32 1443.92 1135.56 636.4 1203.86
Investing Cash Flow -1792.59 -457.38 -154.78 -183.19 -317.42
Financing Cash Flow 1128.23 -987.24 -969.15 -452.61 -897.32
Net Cash Flow -8.04 -0.7 11.63 0.6 -10.88

Corporate Actions

Investors Details

PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Promoters 58.08 58.87 58.88 58.88 58.88
jsl overseas holdi... 18.83 18.83 18.83 18.83 18.83
jsl overseas limit... 11.67 12.47 12.47 12.47 12.47
sun investments pv... 3.94 3.94 3.94 3.94 3.94
ratan jindal 3.15 3.15 3.15 3.15 3.15
jindal equipment l... 2.43 2.43 2.43 2.43 2.43
jindal strips limi... 2.25 2.25 2.25 2.25 2.25
vrindavan services... 2.10 2.10 2.10 2.10 2.10
hexa securities an... 2.09 2.09 2.09 2.09 2.09
mansarover investm... 1.61 1.61 1.61 1.61 1.61
siddeshwari tradex... 1.17 1.17 1.17 1.17 1.17
gagan trading comp... 1.04 1.04 1.04 1.04 1.04
jsl limited 1.01 1.01 1.01 1.01 1.01
jindal infrastruct... 1.01 1.01 1.01 1.01 1.01
colarado trading c... 0.88 0.88 0.88 0.88 0.88
nalwa investments ... 0.72 0.72 0.72 0.72 0.72
stainless investme... 0.61 0.61 0.61 0.61 0.61
ever plus securiti... 0.49 0.49 0.49 0.49 0.49
manjula finances l... 0.43 0.43 0.43 0.43 0.43
jindal rex explora... 0.39 0.39 0.39 0.39 0.39
renuka financial s... 0.38 0.38 0.38 0.38 0.38
goswamis credits &... 0.37 0.37 0.37 0.37 0.37
abhinandan investm... 0.34 0.34 0.34 0.34 0.34
nalwa engineering ... 0.32 0.32 0.32 0.32 0.32
jsw holdings limit... 0.20 0.20 0.20 0.20 0.20
meredith traders p... 0.18 0.18 0.18 0.18 0.18
nalwa sons investm... 0.15 0.15 0.15 0.15 0.15
naveen jindal (huf) 0.05 0.05 0.05 0.05 0.05
savitri devi jindal 0.04 0.04 0.04 0.04 0.04
sangita jindal 0.04 0.04 0.04 0.04 0.04
sarika jhunjhnuwala 0.03 0.03 0.03 0.03 0.03
deepika jindal 0.03 0.03 0.03 0.03 0.03
p r jindal huf . 0.02 0.02 0.02 0.02 0.02
sminu jindal 0.02 0.02 0.02 0.02 0.02
parth jindal 0.01 0.01 0.01 0.01 0.01
prithavi raj jindal 0.01 0.01 0.01 0.01 0.01
r k jindal & sons ... 0.01 0.01 0.01 0.01 0.01
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
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
tripti jindal 0.01 0.01 0.01 0.01 0.01
abhyuday jindal 0.01 0.01 0.01 0.01 0.01
arti jindal 0.01 0.01 0.01 0.01 0.01
naveen jindal 0.01 0.01 0.01 0.01 0.01
nirmala goel - - 0.01 0.01 0.01
PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Investors 41.92 41.13 41.12 41.12 41.12
elm park fund limi... 8.24 7.75 7.75 7.75 7.75
hypnos fund limited 4.89 4.60 4.60 4.60 4.60
albula investment ... 4.34 4.34 4.34 4.34 4.34
abakkus growth fun... 2.21 2.18 2.18 2.06 2.06
abakkus emerging o... 1.74 1.75 1.77 1.75 1.75
cresta fund limited 1.70 1.70 1.70 1.70 1.70
theleme india mast... - 1.14 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • ConcallQ4FY22 17 May 2022
  • PresentationQ2FY22 9 Nov 2021
  • PresentationQ1FY20 9 Jan 2020
  • PresentationQ1FY21 7 Aug 2020
  • PresentationQ2FY21 5 Nov 2020
  • PresentationQ4FY20 22 Jun 2020
  • PresentationQ4FY21 21 May 2021
  • PresentationQ3FY21 19 Feb 2021
  • PresentationQ4FY22 11 May 2022
  • PresentationQ1FY23 1 Aug 2022

Company News

Jindal Stainless (Hisar) partners with Hygenco India11 Aug 2022, 2:30PM Jindal Hisar - Quaterly Results27 Jul 2022, 3:24PM Jindal Hisar - Quaterly Results27 Jul 2022, 3:24PM Jindal Hisar - Quaterly Results27 Jul 2022, 3:24PM Jindal Hisar - Quaterly Results5 May 2022, 3:25PM Jindal Hisar - Quaterly Results5 May 2022, 3:25PM Jindal Hisar - Quaterly Results5 May 2022, 3:25PM Jindal Stainless (Hisar) records 22% growth in total sales volume in FY2213 Apr 2022, 2:46PM Jindal Hisar - Quaterly Results9 Feb 2022, 3:25PM Jindal Hisar - Quaterly Results9 Feb 2022, 3:25PM Jindal Hisar - Quaterly Results9 Feb 2022, 3:25PM Jindal Stainless (Hisar) bags ‘Energy Conservation Award 2020’15 Jan 2022, 11:46AM Jindal Stainless (Hisar) informs about credit rating7 Jan 2022, 4:33PM Jindal Stainless (Hisar) informs about issuance of duplicate share certificate2 Dec 2021, 4:34PM Jindal Stainless (Hisar) informs about disclosure25 Nov 2021, 4:57PM Jindal Stainless (Hisar) informs about investors conference call 28 Oct 2021, 4:57PM Jindal Stainless (Hisar) commissions first phase of brownfield expansion at SPD20 Oct 2021, 4:50PM Jindal Stainless (Hisar) informs about credit rating 9 Oct 2021, 12:18PM Jindal Stainless (Hisar) informs about outcome of AGM17 Sep 2021, 5:07PM Jindal Stainless (Hisar) informs about book closure28 Aug 2021, 2:26PM Jindal Stainless (Hisar) informs about press release2 Jul 2021, 12:42PM Jindal Stainless (Hisar) informs about loss of share certificates1 Jun 2021, 11:28AM Jindal Stainless (Hisar) informs about annual secretarial compliance report27 May 2021, 10:10AM Jindal Stainless (Hisar) informs about revised earnings presentation21 May 2021, 1:00PM Jindal Stainless (Hisar) informs about board meeting11 May 2021, 1:33PM Jindal Stainless (Hisar) informs about non-applicability of large corporate entity28 Apr 2021, 10:48AM Jindal Stainless’ (Hisar) arm acquires 67% stake in J.S.S. Steelitalia19 Jan 2021, 11:22AM Jindal Stainless (Hisar) gets nod for merger with Jindal Stainless30 Dec 2020, 11:40AM Jindal Stainless (Hisar) launches Phase 2 of pipe & tube co-branding initiative15 Oct 2020, 1:27PM CARE reaffirms long-term credit facilities of Jindal Stainless (Hisar)17 Sep 2020, 12:07PM Jindal Stainless (Hisar) submits compliance certificate 27 May 2020, 1:27PM

Jindal Hisar Stock Price Analysis and Quick Research Report. Is Jindal Hisar 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 Hisar has a PE ratio of 4.81937415258219 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 Hisar has ROA of 7.58696473771632 % 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 Hisar has a Current ratio of 1.04076155029882 .

  • 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 Hisar has a ROE of 23.0185534030632 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Jindal Hisar has a D/E ratio of 0.5945 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 Hisar has an Inventory turnover ratio of 6.14486551473667 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Jindal Hisar has reported revenue growth of 0.719571111156414 % 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 Hisar for the current financial year is 11.9357834208365 %.

  • 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 Hisar is Rs 0 and the yield is 0 %.

Brief about Jindal Hisar

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