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JINDAL STEEL & POWER vs SAL STEEL - Comparison Results

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Current Valuations

    JINDAL STEEL & POWER SAL STEEL JINDAL STEEL & POWER/
SAL STEEL
 
P/E (TTM) x 17.6 465.4 3.8% View Chart
P/BV x 2.0 4.9 41.3% View Chart
Dividend Yield % 0.2 0.0 -  

Financials

 JINDAL STEEL & POWER   SAL STEEL
EQUITY SHARE DATA
    JINDAL STEEL & POWER
Mar-24
SAL STEEL
Mar-24
JINDAL STEEL & POWER/
SAL STEEL
5-Yr Chart
Click to enlarge
High Rs86731 2,836.1%   
Low Rs50314 3,725.9%   
Sales per share (Unadj.) Rs412.767.9 608.1%  
Earnings per share (Unadj.) Rs58.30.1 105,331.5%  
Cash flow per share (Unadj.) Rs85.91.2 7,234.4%  
Dividends per share (Unadj.) Rs2.000-  
Avg Dividend yield %0.30-  
Book value per share (Unadj.) Rs434.44.9 8,783.1%  
Shares outstanding (eoy) m1,020.0984.97 1,200.5%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x1.70.3 511.3%   
Avg P/E ratio x11.8398.8 2.9%  
P/CF ratio (eoy) x8.018.6 43.0%  
Price / Book Value ratio x1.64.5 35.4%  
Dividend payout %3.40-   
Avg Mkt Cap Rs m698,7601,872 37,322.2%   
No. of employees `000NANA-   
Total wages/salary Rs m12,880141 9,161.6%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m420,9535,766 7,300.1%  
Other income Rs m4,14816 26,167.2%   
Total revenues Rs m425,1005,782 7,351.8%   
Gross profit Rs m101,438214 47,378.9%  
Depreciation Rs m28,21896 29,323.0%   
Interest Rs m14,956127 11,749.2%   
Profit before tax Rs m62,4136 972,160.4%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m2,9802 172,225.4%   
Profit after tax Rs m59,4335 1,264,536.2%  
Gross profit margin %24.13.7 649.0%  
Effective tax rate %4.826.9 17.7%   
Net profit margin %14.10.1 17,337.0%  
BALANCE SHEET DATA
Current assets Rs m233,7921,365 17,128.5%   
Current liabilities Rs m216,555963 22,498.8%   
Net working cap to sales %4.17.0 58.7%  
Current ratio x1.11.4 76.1%  
Inventory Days Days312 1,281.1%  
Debtors Days Days1419 0.3%  
Net fixed assets Rs m609,2781,474 41,335.0%   
Share capital Rs m1,002850 118.0%   
"Free" reserves Rs m442,158-429 -102,975.8%   
Net worth Rs m443,160420 105,444.0%   
Long term debt Rs m100,5851,250 8,046.8%   
Total assets Rs m843,2202,839 29,702.0%  
Interest coverage x5.21.1 492.4%   
Debt to equity ratio x0.23.0 7.6%  
Sales to assets ratio x0.52.0 24.6%   
Return on assets %8.84.6 189.8%  
Return on equity %13.41.1 1,200.3%  
Return on capital %14.28.0 177.7%  
Exports to sales %10.21.3 807.4%   
Imports to sales %28.20.4 6,668.1%   
Exports (fob) Rs m43,12873 58,941.6%   
Imports (cif) Rs m118,70024 486,675.3%   
Fx inflow Rs m43,12873 58,941.6%   
Fx outflow Rs m118,70024 486,675.3%   
Net fx Rs m-75,57349 -154,893.4%   
CASH FLOW
From Operations Rs m60,084262 22,914.3%  
From Investments Rs m-83,441-135 61,996.2%  
From Financial Activity Rs m13,811-127 -10,849.6%  
Net Cashflow Rs m-9,5470 -2,892,939.4%  

Share Holding

Indian Promoters % 56.3 50.6 111.3%  
Foreign collaborators % 4.9 0.0 -  
Indian inst/Mut Fund % 28.2 0.1 40,342.9%  
FIIs % 12.2 0.1 17,414.3%  
ADR/GDR % 0.0 0.0 -  
Free float % 38.8 49.4 78.5%  
Shareholders   287,902 65,097 442.3%  
Pledged promoter(s) holding % 8.7 45.4 19.1%  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster


More on Jindal Steel vs SAL STEEL

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

Jindal Steel vs SAL STEEL Share Price Performance

Period Jindal Steel SAL STEEL S&P BSE METAL
1-Day 0.25% -0.50% 0.83%
1-Month -4.02% -7.31% -5.41%
1-Year 34.09% 31.19% 26.82%
3-Year CAGR 33.34% 39.28% 16.23%
5-Year CAGR 43.35% 52.21% 26.16%

* Compound Annual Growth Rate

Here are more details on the Jindal Steel share price and the SAL STEEL share price.

Moving on to shareholding structures...

The promoters of Jindal Steel hold a 61.2% stake in the company. In case of SAL STEEL the stake stands at 50.6%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Jindal Steel and the shareholding pattern of SAL STEEL.

Finally, a word on dividends...

In the most recent financial year, Jindal Steel paid a dividend of Rs 2.0 per share. This amounted to a Dividend Payout ratio of 3.4%.

SAL STEEL paid Rs 0.0, and its dividend payout ratio stood at 0.0%.

You may visit here to review the dividend history of Jindal Steel, and the dividend history of SAL STEEL.

For a sector overview, read our steel sector report.



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