Jindal Hisar

Jindal Stainless (Hisar) Ltd.

NSE: JSLHISAR BSE: 539597 SECTOR: Steel & Iron Products  52k   361   29

560.75
+19.25 (3.55%)
NSE: 08 Mar 4:00 PM

Price Summary

Today's High

₹ 577.35

Today's Low

₹ 536.5

52 Week High

₹ 577.35

52 Week Low

₹ 189

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
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

₹ 13230.04 Cr.

Enterprise Value

₹ 14835.21 Cr.

No. of Shares

23.59 Cr.

P/E

13.84

P/B

3.16

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  177.53

CASH

₹ 20.7 Cr.

DEBT

₹ 1625.87 Cr.

Promoter Holding

58.88 %

EPS (TTM)

₹  40.52

Sales Growth

61.31%

ROE

43.19 %

ROCE

41.03%

Profit Growth

166.91 %

Add Your Ratio

* 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.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* 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 Year61.31%
3 Year14.8%
5 Year14.48%

Profit Growth

1 Year166.91%
3 Year69.55%
5 Year42.37%

ROE%

1 Year43.19%
3 Year28.44%
5 Year28.31%

ROCE %

1 Year41.03%
3 Year27.6%
5 Year25.27%

Debt/Equity

0.4529

Price to Cash Flow

1167.7

Interest Cover Ratio

16.2517121764654

CFO/PAT (5 Yr. Avg.)

1.62269243304806

Share Holding Pattern

Promoter Pledging %

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

 Strengths

  • The company has shown a good profit growth of 69.546668539795% for the Past 3 years.
  • Company has been maintaining healthy ROE of 28.4402002727221% over the past 3 years.
  • Company has been maintaining healthy ROCE of 27.604261206056% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 16.2517121764654.
  • Company’s PEG ratio is 0.082917421040265.
  • The company has an efficient Cash Conversion Cycle of 8.3407394528025 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.62269243304806.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 11.8502518812261.

 Limitations

  • The company has shown a poor revenue growth of 14.796245841237% for the Past 3 years.
  • Promoter pledging has increased from 58.88% to 85.89% in 1 quarter.
  • Company has contingent liabilities of 4774.5 Cr.
  • Promoter pledging is high as 85.89%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 3820.33 3801.64 3071.03 3448.14 3765.43
Total Expenditure 3300.12 3265.1 2755.17 3153.11 3426.73
Operating Profit 520.21 536.54 315.86 295.03 338.7
Other Income 28.78 30.63 23.97 27.59 28.55
Interest 31.77 30.73 29.48 29.03 18.86
Depreciation 57.1 55.15 49.44 50.57 48.69
Exceptional Items 0 0 0 0 0
Profit Before Tax 460.12 481.29 260.91 243.02 299.7
Tax 119.08 124.24 66.27 62.33 76.12
Profit After Tax 341.04 357.05 194.64 180.69 223.58
Adjusted EPS (Rs) 14.45 15.13 8.25 7.66 9.48

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 9258.67 8956.4 8339.69 8399.7 13549.29
Total Expenditure 8119.34 8056.85 7477.92 7397.13 11666.89
Operating Profit 1139.33 899.55 861.77 1002.57 1882.4
Other Income 112.36 95.73 97.88 95.26 171.68
Interest 395.45 347.56 303.64 235.71 112.43
Depreciation 266.6 275.78 273.16 265.89 226.9
Exceptional Items 18.44 31.81 18.71 40.07 0
Profit Before Tax 608.08 403.75 401.56 636.3 1714.75
Tax 212.38 142.1 81.23 158.52 439.52
Net Profit 395.7 261.65 320.33 477.78 1275.23
Adjusted EPS (Rs.) 16.77 11.09 13.58 20.25 54.05

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 47.19 47.19 47.19 47.19 47.19
Total Reserves 1208.82 1469.52 1789.06 2267.82 3542.36
Borrowings 2206.32 1929.16 1799.03 1219.61 1165.89
Other N/C liabilities 96.45 94.83 60.21 35.66 35.83
Current liabilities 2820.76 2577.49 2534.69 2794.3 3964.23
Total Liabilities 6379.54 6118.19 6230.18 6364.58 8755.5
Assets
Net Block 2101.98 1989.01 1891.07 1737.34 1729.05
Capital WIP 63.08 88.08 105.5 181.93 152.02
Intangible WIP 0 2.25 0 0 0
Investments 416.77 416.77 416.77 416.82 416.82
Loans & Advances 979.07 974.43 993.28 1120.28 69.44
Other N/C Assets 0.05 0.06 0.06 0.01 0.01
Current Assets 2818.59 2647.59 2823.5 2908.2 6388.16
Total Assets 6379.54 6118.19 6230.18 6364.58 8755.5
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 608.08 403.75 401.56 636.3 1714.75
Adjustment 552.19 535.53 493.52 398.57 224
Changes in Assets & Liabilities 437.68 353 -105.62 252.79 -1360.86
Tax Paid -154.03 -156.72 -153.06 -83.8 -566.56
Operating Cash Flow 1443.92 1135.56 636.4 1203.86 11.33
Investing Cash Flow -457.38 -154.78 -183.19 -317.42 -143.17
Financing Cash Flow -987.24 -969.15 -452.61 -897.32 144.43
Net Cash Flow -0.7 11.63 0.6 -10.88 12.59

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 58.88 58.88 58.88 58.88 58.88
jsl overseas holdi... 18.83 18.83 18.83 18.83 15.23
jsl overseas limit... 12.47 12.47 12.47 12.47 16.07
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
jindal infrastruct... 1.01 1.01 1.01 1.01 1.01
jsl limited 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
arti jindal 0.01 0.01 0.01 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
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
parth 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
nirmala goel 0.01 0.01 0.01 0.01 0.01
naveen jindal 0.01 0.01 0.01 0.01 0.01
abhyuday jindal 0.01 0.01 0.01 0.01 0.01
prithavi raj jindal 0.01 0.01 0.01 0.01 -
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 41.12 41.12 41.12 41.12 41.12
elm park fund limi... 7.75 7.75 7.75 7.75 7.75
hypnos fund limited 4.60 4.60 4.60 4.60 4.60
albula investment ... 4.34 4.34 4.34 4.34 4.34
abakkus growth fun... 2.18 2.06 2.06 2.06 1.90
abakkus emerging o... 1.77 1.75 1.75 1.75 1.75
cresta fund limited 1.70 1.70 1.70 - -
cresta fund ltd - - - 1.70 1.70
theleme india mast... - - - - -

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) informs about audio recording for earning call 25 Jan 2023, 9:51AM Jindal Hisar - Quaterly Results23 Jan 2023, 4:05PM Jindal Hisar - Quaterly Results23 Jan 2023, 4:05PM Jindal Hisar - Quaterly Results23 Jan 2023, 4:05PM Jindal Stainless (Hisar) informs about disclosure21 Dec 2022, 12:22PM Jindal Stainless (Hisar) reports 49% fall in Q2 consolidated net profit4 Nov 2022, 12:59PM Jindal Hisar - Quaterly Results3 Nov 2022, 6:15PM Jindal Hisar - Quaterly Results3 Nov 2022, 6:15PM Jindal Hisar - Quaterly Results3 Nov 2022, 6:15PM Jindal Stainless (Hisar) submits revised annual report13 Sep 2022, 4:48PM 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 13.890122908337 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 16.8680324442728 % which is a good 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 1.61145039515871 .

  • 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 43.1947511753628 % .(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 0.4529 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 7.4053840020687 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 61.306832386871 % 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 Hisar for the current financial year is 13.892978894097 %.

  • 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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