JSW Ispat Special Products Ltd. - (Amalgamation) - Stock Valuation and Financial Performance

BSE: 513446 | NSE: JSWISPL | Steel & Iron Products | Small Cap

JSW Ispat Special Share Price

38.97 0.00 0.00%
as on 09-Aug'23 18:01

DeciZen - make an informed investing decision on JSW Ispat Special

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JSW Ispat Special Products Ltd. - (Amalgamation) stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
1,829.8 Cr.
52-wk low:
30.6
52-wk high:
39.3

Is an attractive stock to invest in?

1. Is a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that JSW Ispat Special Products Ltd. - (Amalgamation) is a below average quality company.

2. Is undervalued or overvalued?

The key valuation ratios of JSW Ispat Special Products Ltd. - (Amalgamation)'s currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of JSW Ispat Special:

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.
JSW Ispat Special Products Ltd. - (Amalgamation) has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 4.4%2.5%-1.7%-11.3%-11.7%-11.9%-67.2%-7.4%2.5%5%-
Value Creation
Index
-0.7-0.8-1.1-1.8NANA-5.8-1.5-0.8-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,9572,2773,1861,8271,2381,3831,8792,6384,1886,0614,780
Sales YoY Gr.-16.3%39.9%-42.7%-32.2%11.7%35.9%40.4%58.7%44.7%-
Adj EPS 38.28.9-95.7-85.4-84.3-79.3-75.6-10.3-20.3-8.4
YoY Gr.--76.7%-1178%NANANANANANANA-
BVPS (₹) 404.8404.8279.929.5-57.1-153.330.920.518.318.48
Adj Net
Profit
24358.4-630-1,715-1,692-1,593-3,550-485-92.911.9-396
Cash Flow from Ops. 298203409629270-28.1-196-197388276-
Debt/CF from Ops. 19.733.819.512.131.5-304.5-11.2-13.36.69.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.4%37.4%47.7%44.7%
Adj EPS -42.8%NANANA
BVPS-29.1%NA-15.8%1%
Share Price -8.2% 7.5% 5.8% 20.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on
Equity %
9.52.1-26-131.4610.975.4645.5-28-6.50.9-63.8
Op. Profit
Mgn %
24.517.54.3-19.4-6.44.50.2-1.53.47.62.6
Net Profit
Mgn %
12.42.6-19.8-93.9-136.6-115.1-188.9-18.4-2.20.2-8.3
Debt to
Equity
2.12.4412.8-7.4-2.81.11.81.81.9-
Working Cap
Days
31129216920229734921914711910476
Cash Conv.
Cycle
1041025733416774796653-1

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - JSW Ispat Special Products Ltd. - (Amalgamation)

Standalone Consolidated
TTM EPS (₹) -8.4 -7.6
TTM Sales (₹ Cr.) 4,780 5,144
BVPS (₹.) 8 8.8
Reserves (₹ Cr.) -94 -56
P/BV 4.88 4.41
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 30.61 / 39.25
All Time Low / High (₹) 2.00 / 710.00
Market Cap (₹ Cr.) 1,830
Equity (₹ Cr.) 469.6
Face Value (₹) 10
Industry PE 26.4

Management X-Ray of JSW Ispat Special:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *24.3634.0781.1381.1381.1381.1381.1381.1381.1381.13
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of JSW Ispat Special

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Sales1,957.432,277.313,185.621,827.111,238.031,383.261,879.412,638.164,187.746,060.65
Operating Expenses 1,478.741,881.953,048.202,181.161,316.641,321.181,876.142,681.984,063.055,602.31
Manufacturing Costs171.97361.52635.41473.74286.38116.38238.74487.63530.42844.78
Material Costs1,092.361,261.671,968.641,408.60857.091,061.891,4781,943.362,969.984,305.51
Employee Cost 101.72126.51187.41141.99101.5580.1489.34116.46115.58129.72
Other Costs 112.68132.26256.74156.8371.6262.7770.06134.53447.07322.30
Operating Profit 478.69395.36137.42-354.05-78.6162.083.27-43.82124.69458.34
Operating Profit Margin (%) 24.5%17.4%4.3%-19.4%-6.3%4.5%0.2%-1.7%3.0%7.6%
Other Income 70.9183.5272.7978.0933.5412.1426.8325.97273.5744.65
Interest 122.30243.02664.56980.451,117.471,183.04447.69253.32275.78270.60
Depreciation 88.90138.73281.44358.72356.36351.61275.60216.99227.47223.21
Exceptional Items 00-252.91-89.75-209.90-440.53-2,767.92000
Profit Before Tax 338.4097.13-988.70-1,704.88-1,728.80-1,900.96-3,461.11-488.16-104.999.18
Tax 88.0930.49-192.83-0.145.0600000
Profit After Tax 250.3266.63-795.87-1,704.74-1,733.86-1,900.96-3,461.11-488.16-104.999.18
PAT Margin (%) 12.8%2.9%-25.0%-93.3%-140.0%-137.0%-184.0%-18.5%-2.5%0.2%
Adjusted EPS (₹)39.38.4-120.0-84.9-86.4-94.7-73.7-10.4-2.20.2
Dividend Payout Ratio (%)4%12%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22

Equity and Liabilities

Shareholders Fund 2,754.762,839.652,017.69592.06-1,145.89-3,077.691,977.801,485.991,383.511,391.92
Share Capital 238.75240.84240.84200.79200.79200.79995.53995.53995.53995.53
Reserves 2,516.012,598.801,776.85391.27-1,346.68-3,278.48982.27490.46387.98396.39
Minority Interest0000000000
Debt5,431.606,362.356,644.896,986.836,566.575,303.992,198.312,619.162,498.062,541.76
Long Term Debt4,032.425,377.264,999.345,247.994,734.633,395.142,044.102,251.532,273.332,239.88
Short Term Debt1,399.18985.091,645.551,738.841,831.941,908.85154.21367.63224.73301.88
Trade Payables83.76228.55419.80309.90156.70123.07399.63488.92780.57848.70
Others Liabilities 1,101.461,256.761,956.162,204.493,499.735,860.38125.25225.13382.62458.20
Total Liabilities 9,371.5910,687.3111,038.5410,093.289,077.118,209.754,700.994,819.205,044.765,240.58

Fixed Assets

Gross Block1,932.925,083.367,960.317,945.587,970.127,977.627,978.138,068.558,175.768,295.85
Accumulated Depreciation545.42684.44991.011,258.921,609.251,960.364,605.584,819.295,007.355,227.16
Net Fixed Assets1,387.504,398.936,969.306,686.666,360.876,017.263,372.553,249.263,168.413,068.69
CWIP 3,682.592,167.55189.38138.93157.10166.14153.63237.63175.14166.90
Investments 931.601,066.771,143.621,068.071,059.18622.750.990.751.171.68
Inventories779.041,067.161,033.71554.92277.72320.96658.81857.49925.031,110.38
Trade Receivables245.85215.04245.26114.1997.1360.3032.9851.77188.68254.45
Cash Equivalents 719.1788.35104.03178.0776.82103.16213.43165.43127.62129.86
Others Assets1,625.841,683.521,353.231,352.441,048.29919.18268.60256.87458.71508.62
Total Assets 9,371.5910,687.3111,038.5410,093.289,077.118,209.754,700.994,819.205,044.765,240.58

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Cash Flow From Operating Activity 297.90202.68409.23628.93270.14-28.05-196.49-197.28387.93276.32
PBT 338.4097.13-988.70-1,704.88-1,728.80-1,900.96-3,461.11-488.16-104.999.18
Adjustment 150.84321.93838.251,363.921,653.371,919.573,493.64488.50510.62474.53
Changes in Working Capital -100.64-165.59590.34969.75345.57-45.78-227.74-196.5-16.65-202.12
Tax Paid -72.06-39.60-9.580.140-0.88-1.28-1.12-1.05-5.27
Cash Flow From Investing Activity -2,062.21-1,643.21-929.3812.36-26.94-11.69641.07-118.39-82.52-121.75
Capex -98.05-3,151.22-2,878.84-35.61-48.47-17.04-48.17-128.95-95.06-145.12
Net Investments -340.29-135.17-76.861.670.270.0200.090.031.99
Others -1,623.871,643.182,026.3246.3021.265.33689.2410.4712.5121.38
Cash Flow From Financing Activity 1,654.22789.67532.14-815.38-205.9172.69-370.65185.56-329.38-115.96
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00057.24-282.550-96.24207.0963.7650.42
Interest Paid -117.99-239.20-604.03-965.90-16.46-9.72-118.29-233.91-249.76-243.05
Dividend Paid 0000000000
Others 1,772.211,028.861,136.1793.2893.1082.41-156.12212.38-143.3876.67
Net Cash Flow -110.09-650.8611.99-174.0937.2932.9573.93-130.11-23.9738.61
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Ratios
ROE (%)10.132.54-35.31-140.04N/AN/A0-40.48-11.551.07
ROCE (%)6.113.72-3.29-7.97N/AN/A-62.52-5.674.257
Asset Turnover Ratio0.340.350.560.40.220.160.290.550.851.18
PAT to CFO Conversion(x)1.193.04N/AN/AN/AN/AN/AN/AN/A30.1
Working Capital Days
Receivable Days282414161820961013
Inventory Days899664697277951057861
Payable Days24456095994848473030

JSW Ispat Special Products Ltd. - (Amalgamation) Stock News

JSW Ispat Special Products Ltd. - (Amalgamation) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of JSW Ispat Special on 09-Aug-2023 18:01 is ₹38.97.
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 09-Aug-2023 18:01 the market cap of JSW Ispat Special stood at ₹1,829.8.
The latest P/E ratio of JSW Ispat Special as of 09-Aug-2023 18:01 is 0.00.
The latest P/B ratio of JSW Ispat Special as of 09-Aug-2023 18:01 is 4.88.
The 52-week high of JSW Ispat Special is ₹39.25 and the 52-week low is ₹30.61.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JSW Ispat Special is ₹4,780 ( Cr.) .

About JSW Ispat Special Products Ltd. - (Amalgamation)

Monnet Ispat & Energy was incorporated on February 1,1990. A Monnet group company, it is engaged in the business of sponge iron, steel ingot & billets and coal mining.

Monnet Ispat Ltd has an excellent manufacturing setup for sponge iron, steel billets & ingots. It also has a coal mining division and has now diversified into power generation for captive consumption.

The success story of Monnet Ispat Limited started with the commissioning of 1 lac tonne per annum (TPA) sponge iron plant set up at one-fourth the cost of similar plants. The indigenous technology used in setting up this plant enables Monnet to produce sponge iron of excellent Quality matching with the product of other plants set up using highly capital intensive foreign technology. With the addition of a second Rotary Kiln, Monnet has ensured augmentation of a capacity to 2.30 lac TPA. Additionally two rotary kilns each of 35000 TPA were comissioned in second half of 2003.

The plant is located in Raipur, Chattisgarh state, close to the source of its main raw materials -- iron ore and coal. In future to increase its competitive edge, Monnet has entered into mining of coal and iron ore from captive mines.

Monnet has come a long way in a very short span of time. It views human resource as the company's most valuable asset, much more valuable than the other factors of productions i.e. money, materials and machinery. A product can be duplicated, technology is available for a price, but human being are non-duplicable. In the 21st century, the human resource is going to be the competitive advantage of any company, be it in the manufacturing or the service sector. A customer driven company, we at Monnet, are as much concerned about our external customers as we are about our internal customers.

Product range of the company includes:

Sponge iron, steel and ferro alloys. In addition, the Group is engaged in mining of coal and power generation for captive consumption.

Monnet Ispat & Energy has bought back 1.28 million shares at an average price of Rs 141.52 per share.The buyback begun on Dec 8, 2008 and closed effective May 22.The total amount invested in the buyback was Rs 182.03 million, which is 24.27% of the maximum offer size authorised by the buyback.

In 2011 Monnet Ispat & Energy Limited acquired Indonesian Coal Company.

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