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Jindal Stainless (Hisar) Ltd. - (Amalgamated) (JSLHISAR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539597 NSE: JSLHISAR Steel & Iron Products | Small Cap | Jindal Hisar Share Price

₹560.75 0.00 (0.00%)

As on 08-Mar'23 18:02

Jindal Stainless (Hisar) Ltd. - (Amalgamated) (JSLHISAR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539597 NSE: JSLHISAR Steel & Iron Products | Small Cap | Jindal Hisar Share Price

₹560.75 0.00 (0.00%)

As on 08-Mar'23 18:02

Key Metrics
Valuation Multiples
Market Cap
₹13,230 Cr.
Current Price
₹560.8
52-Week Low / High
₹537 / 577
TTM EPS
₹62.7
TTM Sales
₹15,984 Cr.
Book Value per Share
₹235.6
P/E Ratio
8.95
Industry PE
25.8
Price to Book (P/B)
2.38
Price to Sales (P/S)
0.83
EV/EBITDA
8.54
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
49.42%
Return on Capital Employed (ROCE)
45.88%
Return on Assets (ROA)
21.46%
Operating Profit Margin
14%
Net Profit Margin
12.97%
Gross Profit Margin
14%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
59.69%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
86.11%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
179.94%
Asset Quality
Promoter Holding
58.88%
Pledged shares (%) of Promoter's holding (%)
85.89%
Reserves
₹5,510 Cr.
Equity
₹47.2 Cr.
Face Value
₹2
All Time Low / High
₹24.05 / 577.35

Jindal Stainless (Hisar) . - (Amalgamated) stock performance

Key Ratios
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10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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. - (Amalgamated) has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 0%-29.9%59.2%25.5%23.9%27.9%21.7%18.9%25.4%45.9%-
Value Creation
Index
NA-3.23.40.80.71.00.60.40.82.4-

Growth Parameters

Sales 008,1967,2357,77410,35710,2899,3799,40015,01115,984
Sales YoY Gr.-NANA-11.7%7.5%33.2%-0.7%-8.8%0.2%59.7%-
Adj EPS 0-0.502.910.823.915.216.128.380.762.7
YoY Gr.-NANANA268.9%121.4%-36.4%5.7%75.8%185.5%-
BVPS (₹) 01.5026.337.962.578.596.3125.9208.1235.6
Adj Net
Profit
0-0-17.667.72555653593796671,9041,479
Cash Flow from Ops. 0-04929196901,4541,1307101,305-2.8-
Debt/CF from Ops. 002.12.25.122.13.11.1-657.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA14.1%13.4%59.7%
Adj EPS NA49.5%74.4%185.5%
BVPSNA40.6%38.4%65.2%
Share Price 30.9% 25.9% - -

Key Financial Parameters

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on
Equity %
0-29.9-6.411.73447.721.618.425.448.328.3
Op. Profit
Mgn %
009.111.912.611.910.110121410.2
Net Profit
Mgn %
00-0.20.93.35.53.64.17.112.79.3
Debt to
Equity
002.13.33.921.310.50.4-
Working Cap
Days
006112513413514214815714071
Cash Conv.
Cycle
00122832262425243031

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Sales08,196.407,234.617,774.4810,357.1410,288.869,3799,400.2915,011.36
Operating Expenses + 07,455.716,374.066,793.959,126.709,250.188,443.838,273.2512,913.81
Manufacturing Costs01,454.151,202.661,356.041,648.111,894.641,630.011,439.442,065.97
Material Costs05,553.954,802.355,001.346,984.616,859.966,285.236,314.6710,061.24
Employee Cost 0181.30175.84176.42208.74215.47235.21227.42263.47
Other Costs 0266.31193.21260.15285.24280.11293.38291.72523.13
Operating Profit -0740.69860.55980.531,230.441,038.68935.171,127.042,097.55
Operating Profit Margin (%) -9.0%11.9%12.6%11.9%10.1%10.0%12.0%14.0%
Other Income + 028.9026.4865.03116.25102.17132.86107.22174.79
Exceptional Items 016.69-44.1728.2719.5633.7120.0941.390
Interest 0474.98493.35431.41408.20367.12322.77250.94131.24
Depreciation 0312.75304.81285.23284.26289.29294.58290.38250.08
Profit Before Tax -0-1.4543.53407.44821.10569.81496.69880.082,435.63
Tax 04.507.08116.96233.45173.6195.91184.48488.39
Profit After Tax -0-5.9536.45290.48587.65396.20400.78695.601,947.24
PAT Margin (%) --0.1%0.5%3.7%5.7%3.9%4.3%7.4%13.0%
Adjusted EPS (₹)-0.50.01.612.224.516.216.729.482.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%

Valuation of Jindal Hisar - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22

Equity and Liabilities

Shareholders Fund + 0.01500.78608.88893.061,474.571,852.782,271.012,971.224,909.44
Share Capital 0.01046.2447.1947.1947.1947.1947.1947.19
Reserves -0500.78562.64845.871,427.381,805.592,223.822,924.034,862.25
Debt +01,036.401,992.683,367.142,774.812,177.072,047.171,440.471,784.91
Long Term Debt048.101,211.582,435.052,257.381,971.521,828.641,250.411,193.51
Short Term Debt0988.30781.10932.09517.43205.55218.53190.06591.40
Minority Interest018.9318.5421.8231.4647.4924.8326.6731.41
Trade Payables01,535.331,084.281,638.741,6321,577.941,434.291,725.092,167.76
Others Liabilities 03,111.151,825.82756.891,074.921,227.05904.911,278.441,814.18
Total Liabilities 0.016,202.585,530.206,677.656,987.766,882.336,682.217,441.8910,707.70

Fixed Assets

Net Fixed Assets +02,800.862,545.652,429.792,289.962,190.222,108.331,960.961,967.89
Gross Block03,234.383,259.383,410.553,526.963,688.533,879.593,9984,220.30
Accumulated Depreciation0433.51713.73980.761,2371,498.311,771.262,037.042,252.41
CWIP 029.2560.6042.0566.2194.58106.87183.36161.12
Investments 0369.91368.77418.40570.98621.69646.57797.681,339.04
Inventories01,448.991,221.411,716.061,673.701,477.291,554.011,639.012,646.91
Trade Receivables0955.43836.581,049.74846.62873.99746.81916.561,772.90
Cash Equivalents 0.0119.2823.1513.6415.1626.1233.8020.9032.05
Others Assets 0578.86474.041,007.971,525.131,598.441,485.821,923.422,787.79
Total Assets 0.016,202.585,530.206,677.656,987.766,882.336,682.217,441.8910,707.70

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Cash Flow From Operating Activity + -0492.24918.79690.131,454.261,130.14709.751,305.31-2.78
PBT -0-18.1443.53407.44821.10569.81496.69880.082,435.63
Adjustment 0789.33781.92611.93448.48520.57519.89298.28-227.49
Changes in Working Capital 0-291.9398.75-287.36357.87220.01-139.68232.14-1597.29
Tax Paid 0-3.71-5.41-41.88-173.19-180.25-167.15-105.19-613.63
Cash Flow From Investing Activity + 0-9.02-1,396.82-1,779.95-465.55-180.83-205.25-355.41-181.85
Capex 0-27.69-83.99-135.15-184.82-196.34-216.18-220.04-202.72
Net Investments 0-3.711.901.82-1.60-0.37-6.701.706.78
Others 022.38-1,314.73-1,646.62-279.1315.8817.63-137.0714.09
Cash Flow From Financing Activity + 0.01-471.24484.781,081.13-988.74-938.72-503.52-961.12202.43
Net Proceeds from Shares 0.010.040000000
Net Proceeds from Borrowing 001,1631,355.89-164.50-255.36-198.87-766.01-54.19
Interest Paid 0-474.42-495.59-429.68-408.47-369.74-309.05-164.82-141.02
Dividend Paid 000000000
Others 03.14-182.63154.92-415.77-313.624.40-30.29397.64
Net Cash Flow 0.0111.986.75-8.69-0.0310.590.98-11.2217.80

Financial Ratio

PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Ratios
ROE (%)-29.87-2.386.5738.6849.6423.8119.4426.5449.42
ROCE (%)-29.8759.1925.4723.8927.8921.7218.925.4145.88
Asset Turnover Ratio02.91.371.411.551.481.411.361.68
PAT to CFO Conversion(x)N/AN/A25.212.382.472.851.771.88-0
Working Capital Days
Receivable Days038.8040.704032.8030.503131.6032.20
Inventory Days058.8060.6062.2058.6055.905860.7051.30
Payable Days0100.9099.6099.4085.5085.4087.5091.3070.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *87.7087.7087.7087.0785.9085.8985.8985.8985.8985.89
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

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Announcements

Jindal Stainless (Hisar) Ltd. - (Amalgamated) FAQs

The current trading price of Jindal Hisar on 08-Mar-2023 18:02 is ₹560.8.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 07-Mar-2023 the market cap of Jindal Hisar stood at ₹13,230 Cr

The latest P/E ratio of Jindal Hisar as of 07-Mar-2023 is 13.84.

The latest P/B ratio of Jindal Hisar as of 07-Mar-2023 is 3.16.

The 52-week high of Jindal Hisar is ₹577.4 and the 52-week low is ₹536.5.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jindal Hisar is ₹14,086 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Jindal Stainless (Hisar) Ltd. - (Amalgamated) is a average quality company.

The key valuation ratios of Jindal Stainless (Hisar) Ltd. - (Amalgamated)'s currently when compared to its past seem to suggest it is in the Overvalued zone.

No data found

About Jindal Stainless (Hisar) Ltd. - (Amalgamated)

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
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