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- Indian - steel
- INDIAN BRIGHT - JINDAL STAINLESS
INDIAN BRIGHT vs JINDAL STAINLESS - Comparison Results
Current Valuations
| INDIAN BRIGHT | JINDAL STAINLESS | INDIAN BRIGHT/ JINDAL STAINLESS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -3,471.9 | 22.7 | - | View Chart |
| P/BV | x | 13.4 | 3.9 | 346.5% | View Chart |
| Dividend Yield | % | 0.0 | 0.4 | - |
Financials
 INDIAN BRIGHT  JINDAL STAINLESS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| INDIAN BRIGHT Mar-24 |
JINDAL STAINLESS Mar-24 |
INDIAN BRIGHT/ JINDAL STAINLESS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 153 | 717 | 21.3% | |
| Low | Rs | 18 | 255 | 7.1% | |
| Sales per share (Unadj.) | Rs | 0 | 468.3 | 0.0% | |
| Earnings per share (Unadj.) | Rs | -0.5 | 32.7 | -1.5% | |
| Cash flow per share (Unadj.) | Rs | -0.5 | 43.4 | -1.2% | |
| Dividends per share (Unadj.) | Rs | 0 | 3.00 | 0.0% | |
| Avg Dividend yield | % | 0 | 0.6 | 0.0% | |
| Book value per share (Unadj.) | Rs | 14.9 | 174.3 | 8.5% | |
| Shares outstanding (eoy) | m | 24.13 | 823.43 | 2.9% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0 | 1.0 | - | |
| Avg P/E ratio | x | -170.0 | 14.9 | -1,144.0% | |
| P/CF ratio (eoy) | x | -170.0 | 11.2 | -1,517.2% | |
| Price / Book Value ratio | x | 5.7 | 2.8 | 205.9% | |
| Dividend payout | % | 0 | 9.2 | -0.0% | |
| Avg Mkt Cap | Rs m | 2,061 | 400,374 | 0.5% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 1 | 6,044 | 0.0% | |
| Avg. sales/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 0 | 385,625 | 0.0% | |
| Other income | Rs m | 0 | 3,626 | 0.0% | |
| Total revenues | Rs m | 0 | 389,251 | 0.0% | |
| Gross profit | Rs m | -12 | 46,631 | -0.0% | |
| Depreciation | Rs m | 0 | 8,788 | 0.0% | |
| Interest | Rs m | 0 | 5,544 | 0.0% | |
| Profit before tax | Rs m | -12 | 35,925 | -0.0% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 0 | 8,990 | 0.0% | |
| Profit after tax | Rs m | -12 | 26,935 | -0.0% | |
| Gross profit margin | % | 0 | 12.1 | - | |
| Effective tax rate | % | 0 | 25.0 | -0.0% | |
| Net profit margin | % | 0 | 7.0 | - | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 429 | 143,937 | 0.3% | |
| Current liabilities | Rs m | 1 | 100,400 | 0.0% | |
| Net working cap to sales | % | 0 | 11.3 | - | |
| Current ratio | x | 681.4 | 1.4 | 47,530.4% | |
| Inventory Days | Days | 0 | 19 | - | |
| Debtors Days | Days | 0 | 3 | - | |
| Net fixed assets | Rs m | 0 | 159,822 | 0.0% | |
| Share capital | Rs m | 241 | 1,647 | 14.6% | |
| "Free" reserves | Rs m | 117 | 141,837 | 0.1% | |
| Net worth | Rs m | 359 | 143,484 | 0.2% | |
| Long term debt | Rs m | 0 | 45,628 | 0.0% | |
| Total assets | Rs m | 429 | 307,649 | 0.1% | |
| Interest coverage | x | -1,211.0 | 7.5 | -16,189.8% | |
| Debt to equity ratio | x | 0 | 0.3 | 0.0% | |
| Sales to assets ratio | x | 0 | 1.3 | 0.0% | |
| Return on assets | % | -2.8 | 10.6 | -26.7% | |
| Return on equity | % | -3.4 | 18.8 | -18.0% | |
| Return on capital | % | -3.4 | 21.9 | -15.4% | |
| Exports to sales | % | 0 | 17.8 | - | |
| Imports to sales | % | 0 | 45.3 | - | |
| Exports (fob) | Rs m | NA | 68,563 | 0.0% | |
| Imports (cif) | Rs m | NA | 174,530 | 0.0% | |
| Fx inflow | Rs m | 0 | 68,563 | 0.0% | |
| Fx outflow | Rs m | 0 | 174,530 | 0.0% | |
| Net fx | Rs m | 0 | -105,968 | -0.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -13 | 48,181 | -0.0% | |
| From Investments | Rs m | NA | -33,402 | -0.0% | |
| From Financial Activity | Rs m | 440 | -8,294 | -5.3% | |
| Net Cashflow | Rs m | 427 | 7,655 | 5.6% | |
Share Holding
| Indian Promoters | % | 1.2 | 32.6 | 3.7% | |
| Foreign collaborators | % | 0.0 | 27.9 | - | |
| Indian inst/Mut Fund | % | 70.4 | 28.6 | 245.7% | |
| FIIs | % | 70.4 | 22.8 | 309.0% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 98.8 | 39.5 | 250.0% | |
| Shareholders | 1,901 | 209,910 | 0.9% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare INDIAN BRIGHT With: TATA STEEL JSW STEEL RATNAMANI METALS VENUS PIPES & TUBES SHANKARA BUILDING PRODUCTS
More on I BRIGHT ST vs JSL STAINLESS
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
I BRIGHT ST vs JSL STAINLESS Share Price Performance
| Period | I BRIGHT ST | JSL STAINLESS | S&P BSE METAL |
|---|---|---|---|
| 1-Day | -0.24% | 2.48% | 1.65% |
| 1-Month | 0.46% | 2.73% | -4.64% |
| 1-Year | 579.19% | 32.95% | 27.85% |
| 3-Year CAGR | 96.90% | 58.91% | 16.54% |
| 5-Year CAGR | 54.56% | 76.88% | 26.37% |
* Compound Annual Growth Rate
Here are more details on the I BRIGHT ST share price and the JSL STAINLESS share price.
Moving on to shareholding structures...
The promoters of I BRIGHT ST hold a 1.2% stake in the company. In case of JSL STAINLESS the stake stands at 60.5%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of I BRIGHT ST and the shareholding pattern of JSL STAINLESS.
Finally, a word on dividends...
In the most recent financial year, I BRIGHT ST paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of -0.0%.
JSL STAINLESS paid Rs 3.0, and its dividend payout ratio stood at 9.2%.
You may visit here to review the dividend history of I BRIGHT ST, and the dividend history of JSL STAINLESS.
For a sector overview, read our steel sector report.
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