Market Cap ₹60300 Cr.
Stock P/E 22.4
P/B 3.9
Current Price ₹732
Book Value ₹ 187.7
Face Value 2
52W High ₹848
Dividend Yield 0.41%
52W Low ₹ 513.6
Jindal Stainless Ltd is engaged inside the commercial enterprise of manufacturing of stainless steel flat merchandise in austenitic, ferritic, martensitic and duplex grades. Its product range includes hot rolled coils, plates, ferro alloys, stainless steel slabs, and sheets, and cold rolled coils and sheets. Its applications consist of structure, buildings, and construction, automotive and transport, railway, consumer durables, process industry, plumbing, coin blanks, nuclear programs, and precision strip and blade metallic. It offers a range of stainless-steel merchandise in two hundred series, three hundred series, four hundred series, and duplex chrome steel grades. It is also engaged in the improvement of stainless-steel e rickshaw, food grade chrome steel, stainless-steel fuel tanks, and exhaust systems in industrial motors, stainless steel bus body, railway coaches and wagons, and special finishes. It operates a steel plant at Jajpur, Odisha, with a capacity of 1.1 million tons per annum.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 8119 | 8751 | 9063 | 9765 | 10184 | 9797 | 9127 | 9454 | 9430 | 9777 |
| Other Income | 24 | 26 | 39 | 38 | 43 | 32 | 39 | 55 | 51 | 47 |
| Total Income | 8142 | 8777 | 9101 | 9803 | 10227 | 9829 | 9166 | 9509 | 9481 | 9824 |
| Total Expenditure | 7229 | 8066 | 8194 | 8621 | 8992 | 8566 | 7881 | 8419 | 8218 | 8590 |
| Operating Profit | 913 | 710 | 907 | 1182 | 1236 | 1263 | 1285 | 1090 | 1262 | 1234 |
| Interest | 79 | 87 | 76 | 83 | 100 | 156 | 146 | 153 | 143 | 159 |
| Depreciation | 179 | 182 | 181 | 181 | 188 | 222 | 236 | 233 | 232 | 241 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 101 | 0 | -2 | 0 | 0 |
| Profit Before Tax | 655 | 441 | 650 | 918 | 948 | 986 | 904 | 702 | 887 | 834 |
| Provision for Tax | 174 | 103 | 172 | 241 | 243 | 229 | 226 | 201 | 240 | 225 |
| Profit After Tax | 482 | 338 | 478 | 677 | 705 | 757 | 678 | 501 | 648 | 609 |
| Adjustments | 17 | 15 | 20 | 89 | 41 | 18 | 14 | 0 | 1 | 2 |
| Profit After Adjustments | 498 | 353 | 498 | 766 | 746 | 774 | 692 | 501 | 648 | 611 |
| Adjusted Earnings Per Share | 9.5 | 6.7 | 9.5 | 9.3 | 9.1 | 9.4 | 8.4 | 6.1 | 7.9 | 7.4 |
| #(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 12869 | 6948 | 7144 | 9279 | 11638 | 13557 | 12951 | 12188 | 32733 | 35697 | 38562 | 37788 |
| Other Income | 49 | 55 | 26 | 26 | 45 | 33 | 40 | 41 | 331 | 197 | 363 | 192 |
| Total Income | 12918 | 7003 | 7170 | 9304 | 11683 | 13590 | 12991 | 12229 | 33064 | 35894 | 38925 | 37980 |
| Total Expenditure | 11863 | 6581 | 6571 | 8113 | 10297 | 12393 | 11811 | 10764 | 27903 | 32182 | 34052 | 33108 |
| Operating Profit | 1055 | 423 | 599 | 1191 | 1385 | 1197 | 1179 | 1465 | 5161 | 3712 | 4873 | 4871 |
| Interest | 1295 | 942 | 1030 | 788 | 566 | 637 | 586 | 480 | 344 | 325 | 554 | 601 |
| Depreciation | 728 | 411 | 316 | 325 | 320 | 352 | 425 | 403 | 759 | 724 | 879 | 942 |
| Exceptional Income / Expenses | -419 | 1184 | -40 | 26 | 4 | 1 | 4 | 102 | 0 | 0 | 99 | -2 |
| Profit Before Tax | -1387 | 253 | -788 | 116 | 520 | 222 | 165 | 690 | 4159 | 2774 | 3592 | 3327 |
| Provision for Tax | -21 | 0 | -232 | 32 | 174 | 77 | 93 | 270 | 1050 | 690 | 899 | 892 |
| Profit After Tax | -1366 | 253 | -556 | 83 | 346 | 145 | 73 | 419 | 3109 | 2084 | 2693 | 2436 |
| Adjustments | -2 | -0 | 0 | -1 | -3 | -3 | -1 | -0 | -31 | 31 | 20 | 17 |
| Profit After Adjustments | -1368 | 253 | -556 | 82 | 343 | 142 | 71 | 419 | 3079 | 2115 | 2713 | 2452 |
| Adjusted Earnings Per Share | -63.5 | 11.2 | -24.1 | 2 | 7.2 | 3 | 1.5 | 8.6 | 58.6 | 25.7 | 32.9 | 29.8 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 8% | 47% | 23% | 12% |
| Operating Profit CAGR | 31% | 49% | 32% | 17% |
| PAT CAGR | 29% | 86% | 79% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 31% | 56% | 81% | 35% |
| ROE Average | 21% | 35% | 24% | -13% |
| ROCE Average | 23% | 30% | 24% | 15% |
| #(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 62 | 199 | 1712 | 1814 | 2465 | 2591 | 2717 | 3205 | 9823 | 11931 | 14358 |
| Minority's Interest | 22 | 4 | 5 | 6 | 9 | 12 | 13 | 13 | 67 | 36 | 17 |
| Borrowings | 8576 | 8070 | 7323 | 3382 | 3551 | 3153 | 2716 | 2593 | 2630 | 2792 | 4563 |
| Other Non-Current Liabilities | 273 | 340 | -71 | 27 | 471 | 510 | 634 | 867 | 1390 | 1430 | 1784 |
| Total Current Liabilities | 7655 | 5662 | 5862 | 5703 | 4338 | 4450 | 4598 | 4056 | 8666 | 10926 | 10040 |
| Total Liabilities | 16588 | 14274 | 14831 | 10932 | 10834 | 10715 | 10678 | 10735 | 22576 | 27115 | 30765 |
| Fixed Assets | 9780 | 7552 | 6863 | 6609 | 6342 | 6345 | 6181 | 5855 | 8646 | 9961 | 13244 |
| Other Non-Current Assets | 318 | 457 | 565 | 531 | 718 | 589 | 671 | 761 | 1935 | 2043 | 2738 |
| Total Current Assets | 6490 | 6266 | 7403 | 3793 | 3773 | 3781 | 3826 | 4119 | 11995 | 15112 | 14394 |
| Total Assets | 16588 | 14274 | 14831 | 10932 | 10834 | 10715 | 10678 | 10735 | 22576 | 27115 | 30765 |
| #(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 145 | 76 | 20 | 67 | 46 | 47 | 36 | 40 | 87 | 241 | 470 |
| Cash Flow from Operating Activities | 958 | 554 | 966 | 5115 | 1452 | 1419 | 1180 | 1308 | 1038 | 3096 | 4818 |
| Cash Flow from Investing Activities | -120 | 24 | 1053 | -31 | -193 | -192 | -188 | -152 | -985 | -2482 | -3340 |
| Cash Flow from Financing Activities | -891 | -580 | -1972 | -5106 | -1257 | -1237 | -991 | -1119 | 101 | -386 | -829 |
| Net Cash Inflow / Outflow | -54 | -2 | 47 | -21 | 2 | -11 | 2 | 37 | 154 | 228 | 649 |
| Closing Cash & Cash Equivalent | 76 | 48 | 67 | 46 | 47 | 36 | 40 | 77 | 241 | 470 | 1235 |
| # | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -63.53 | 11.17 | -24.05 | 2.04 | 7.16 | 2.97 | 1.46 | 8.6 | 58.59 | 25.68 | 32.95 |
| CEPS(Rs) | -29.62 | 29.34 | -10.38 | 10.22 | 13.89 | 10.36 | 10.22 | 16.88 | 73.62 | 34.1 | 43.38 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.5 | 3 |
| Book NAV/Share(Rs) | 2.51 | -7.62 | 55.27 | 43.51 | 50.09 | 52.72 | 55.77 | 64.68 | 131.25 | 144.89 | 174.25 |
| Core EBITDA Margin(%) | 7.25 | 4.97 | 7.49 | 11.74 | 11.34 | 8.5 | 8.67 | 11.44 | 14.53 | 9.68 | 11.54 |
| EBIT Margin(%) | -0.66 | 16.16 | 3.17 | 9.1 | 9.19 | 6.27 | 5.71 | 9.4 | 13.55 | 8.54 | 10.61 |
| Pre Tax Margin(%) | -10 | 3.42 | -10.3 | 1.16 | 4.4 | 1.62 | 1.26 | 5.54 | 12.52 | 7.64 | 9.19 |
| PAT Margin (%) | -9.85 | 3.42 | -7.28 | 0.84 | 2.92 | 1.06 | 0.55 | 3.37 | 9.36 | 5.74 | 6.89 |
| Cash Profit Margin (%) | -4.6 | 8.98 | -3.14 | 4.11 | 5.63 | 3.63 | 3.79 | 6.61 | 11.64 | 7.73 | 9.14 |
| ROA(%) | -7.98 | 1.64 | -3.82 | 0.64 | 3.17 | 1.35 | 0.68 | 3.92 | 18.67 | 8.39 | 9.31 |
| ROE(%) | -196.81 | 0 | -100.62 | 5.51 | 16.7 | 5.89 | 2.77 | 14.29 | 61.89 | 22.13 | 20.5 |
| ROCE(%) | -0.74 | 10.19 | 2.06 | 9.2 | 14.41 | 11.98 | 11.09 | 18.02 | 44.79 | 20.97 | 22.97 |
| Receivable days | 47.74 | 68.58 | 48.23 | 33.56 | 27.74 | 24.34 | 22.55 | 24.03 | 26.32 | 37.79 | 30.33 |
| Inventory Days | 96.3 | 139.69 | 92.41 | 73.72 | 69.2 | 63.95 | 71.54 | 81.04 | 52.58 | 76.31 | 76.24 |
| Payable days | 126.97 | 162.24 | 127.24 | 115.93 | 97.25 | 91.91 | 109.52 | 123.67 | 71.65 | 101.15 | 100.74 |
| PER(x) | 0 | 3.12 | 0 | 34.84 | 10.95 | 13.65 | 16.4 | 7.85 | 3.46 | 11.28 | 21.08 |
| Price/Book(x) | 14.3 | -4.58 | 0.3 | 1.64 | 1.56 | 0.77 | 0.43 | 1.04 | 1.54 | 2 | 3.99 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.86 | 0.43 |
| EV/Net Sales(x) | 0.98 | 1.73 | 1.49 | 0.94 | 0.75 | 0.46 | 0.39 | 0.52 | 0.44 | 0.75 | 1.59 |
| EV/Core EBITDA(x) | 11.97 | 28.47 | 17.79 | 7.28 | 6.28 | 5.25 | 4.24 | 4.32 | 2.77 | 7.22 | 12.55 |
| Net Sales Growth(%) | 13.84 | -46.01 | 2.82 | 29.89 | 25.42 | 16.49 | -4.47 | -5.89 | 168.55 | 9.06 | 8.03 |
| EBIT Growth(%) | 49.13 | 1401.83 | -79.73 | 272.76 | 20.17 | -20.91 | -12.55 | 55.8 | 284.93 | -31.18 | 33.83 |
| PAT Growth(%) | -62.26 | 118.52 | -319.71 | 114.93 | 316.06 | -58 | -49.96 | 477.61 | 641.28 | -32.98 | 29.26 |
| EPS Growth(%) | -54.21 | 117.58 | -315.35 | 108.49 | 250.48 | -58.49 | -50.74 | 487.83 | 580.94 | -56.17 | 28.31 |
| Debt/Equity(x) | 208.09 | -65.84 | 8.1 | 3.39 | 2.09 | 1.74 | 1.44 | 1 | 0.57 | 0.32 | 0.41 |
| Current Ratio(x) | 0.85 | 1.11 | 1.26 | 0.66 | 0.87 | 0.85 | 0.83 | 1.02 | 1.38 | 1.38 | 1.43 |
| Quick Ratio(x) | 0.36 | 0.76 | 0.94 | 0.3 | 0.32 | 0.31 | 0.24 | 0.33 | 0.6 | 0.61 | 0.64 |
| Interest Cover(x) | -0.07 | 1.27 | 0.24 | 1.15 | 1.92 | 1.35 | 1.28 | 2.44 | 13.1 | 9.55 | 7.48 |
| Total Debt/Mcap(x) | 15.4 | 14.29 | 26.64 | 2.07 | 1.34 | 2.26 | 3.34 | 0.96 | 0.37 | 0.16 | 0.1 |
| # | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 70.1 | 70.1 | 70.1 | 57.94 | 57.94 | 57.94 | 58.69 | 60.49 | 60.49 | 60.49 |
| FII | 13.77 | 12.71 | 13.05 | 21.92 | 22.2 | 23.37 | 22.56 | 20.83 | 22.49 | 22.78 |
| DII | 5.86 | 6.49 | 7.22 | 6.15 | 6.01 | 5.42 | 5.81 | 6.63 | 6.25 | 5.87 |
| Public | 10.11 | 10.54 | 9.46 | 13.09 | 12.95 | 12.67 | 12.95 | 12.05 | 10.77 | 10.86 |
| Others | 0.17 | 0.17 | 0.17 | 0.9 | 0.9 | 0.59 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 36.84 | 36.84 | 36.84 | 47.71 | 47.71 | 47.71 | 48.32 | 49.81 | 49.81 | 49.81 |
| FII | 7.24 | 6.68 | 6.86 | 18.05 | 18.28 | 19.24 | 18.57 | 17.15 | 18.52 | 18.76 |
| DII | 3.08 | 3.41 | 3.79 | 5.06 | 4.95 | 4.46 | 4.79 | 5.46 | 5.15 | 4.84 |
| Public | 5.31 | 5.54 | 4.97 | 10.78 | 10.66 | 10.43 | 10.66 | 9.92 | 8.87 | 8.94 |
| Others | 0.09 | 0.09 | 0.09 | 0.74 | 0.74 | 0.49 | 0 | 0 | 0 | 0 |
| Total | 52.55 | 52.55 | 52.55 | 82.34 | 82.34 | 82.34 | 82.34 | 82.34 | 82.34 | 82.34 |
Pros
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Sell or Purchase Share (Tentative Price)
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
You May Also Know About
