Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar
investing succesffuly to reach your goals investing succesffuly to reach your goals
X

Jindal Stainless (Hisar) Ltd Stock Analysis

Mid Cap
Evaluated by 512 users | BSE: 539597 | NSE: JSLHISAR |
Steel & Iron Products

Jindal Stainless (Hisar) Limited (JSHL) was established in 1975 when Shri OP Jindal envisioned a self-reliant India, capable of fulfilling its stainless steel demand. Stainless steel, then, was no less than a luxury metal and India was completely dependent on...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Jindal Stainless (Hisar) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Capital Employed 000-29.87%38.9%19.42%15.77%19.17%14.15%13.85%-
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 00008,1967,2357,77410,35710,2899,3799,400
Y-o-Y Gr. Rt.-NANANANA-11.7%7.5%33.2%-0.7%-8.8%-
Adjusted EPS (Rs.) 000-2.302.9310.8123.9315.2116.0829.41
Y-o-Y Gr. Rt.-NANANANANA268.9%121.4%-36.4%5.7%-
Book Value per Share (Rs.) 0007.7026.3437.8562.578.5296.25125.93
Adjusted Net Profit 0000-17.667.7255565359379694
Net Op. Cash Flow (Rs. Cr.) 00004929196901,4541,130710-
Debt to Cash Flow from Ops 00002.142.185.092.022.093.07-
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Jindal Stainless (Hisar) Ltd. should be analysed on a Consolidated basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales NA2.7%6.5%-8.8%
Adjusted EPS NANA14.2%5.7%
Book Value per Share 0036.522.6
Share Price - 40.2% 31.7% 321.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Equity (%) 000-29.87-6.4311.733.9647.6921.5718.426.47
Operating Profit Margin (%) 00008.8611.9112.6411.8810.119.9813.21
Net Profit Margin (%) 0000-0.190.952.684.123.133.857.38
Debt to Equity 00002.13.33.931.991.280.96-
Working Capital Days 000061126134135142158-
Cash Conversion Cycle 0000122832262427-
Entity Percentage Holding
Promoters 58.08%
Institutions 25.05%
Non-Institutions 16.50%
Others 0.37%
Pledged *87.7087.7087.7087.7087.7087.7087.7087.7087.7087.07
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Jindal Stainless (Hisar) Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Jindal Stainless (Hisar) Ltd is a average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Jindal Stainless (Hisar) Ltd's performance infers:

Jindal Stainless (Hisar) Ltd earnings have grown by 0%, whereas share price has appreciated 40.2% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

Data is not available for this company

Jindal Stainless (Hisar) Limited (JSHL) was established in 1975 when Shri OP Jindal envisioned a self-reliant India, capable of fulfilling its stainless steel demand. Stainless steel, then, was no less than a luxury metal and India was completely dependent on imports to meet its demand which attracted duties up to 300%. It was Shri O P Jindal's vision and his pioneering spirit that led to the establishment of JSHL, India's first stainless steel

Jindal Stainless (Hisar) Limited (JSHL) was established in 1975 when Shri OP Jindal envisioned a self-reliant India, capable of fulfilling its stainless steel demand. Stainless steel, then, was no less than a luxury metal and India was completely dependent on imports to meet its demand which attracted duties up to 300%. It was Shri O P Jindal's vision and his pioneering spirit that led to the establishment of JSHL, India's first stainless steel manufacturing unit.

Since its inception, JSHL has worked on a strategy of both backward and forward integration; starting from melting, casting, hot rolling to cold rolling and other value additions. It is also the world's largest producer of stainless steel strips for razor blades and India's largest producer of coin blanks, serving the needs of Indian and international mints. JSHL’s Specialty Product Division caters to the high-end precision and specialty stainless steel requirements of reputed Indian and international customers. The product range includes slabs and blooms, hot rolled coils, cold rolled coils, plates, blade steel, coin blanks, and precision strips.

Business area of the company

Jindal Stainless (Hisar) is a leading manufacturer /producer of stainless steel flat products in austenitic, ferritic, martensitic and duplex grades. The product range includes ferro alloys, stainless steel slabs and blooms, hot rolled coils, plates and sheets, cold rolled coils and sheets, specialty products such as razor blade steel, precision strips, coin blanks and long products.

Products and services offered by the company

Products lines

  • Slabs
  • Blooms
  • Hot Rolled Coils
  • Cold Rolled Coils
  • Plates
  • Specialty Products

Applications

  • Architecture, Building & Construction
  • Automotive & Transport
  • Railway
  • Consumer Durable
  • Process Industry
  • Precision Strip & Blade Steel
  • Coin Blanks
  • Nuclear Applications
  • Plumbing

Awards & Accolades

FY2017-18

  • Golden Peacock Award (Environment Management, 2017)
  • 23 Gold & 7 Silver Medals in CCQC, 2017
  • 1 Excellence & 6 PAR Excellence Awards in NCQC, 2017
  • Behaviors Based Safety Award (outstanding initiatives taken)

FY2018-19

  • 1 Excellence & 6 PAR Excellence Award in NCQC 2018
  • 13 gold, 9 Silver and 03 Bronze awards in CCQC 2018
  • SAP ACE Award for SAP HANA initiative
  • National Award for excellence in energy management 2018 for Energy Efficient Unit
  • SEEM Energy Management Platinum Award in Iron and Steel sector for Energy Efficient Unit

FY2019-20

  • International Safety Award 2020 Merit from British Safety Council
  • Winner of Golden Peacock Environment Management Award
  • 8 PAR Excellence & 7 Excellence Awards in NCQC
  • 24 Gold & 6 Silver medals in CCQC
  • ‘Energy Efficient Unit’ Award in 20 National Awards for Excellence in Energy Management by CII
  • ‘Innovation in Energy Efficiency’ Award in Large Scale Industries in National Energy Efficiency Circle Awards by CII
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback