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MIDEAST INTEGRATED STEELS vs JINDAL STAINLESS - Comparison Results

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Current Valuations

    MIDEAST INTEGRATED STEELS JINDAL STAINLESS MIDEAST INTEGRATED STEELS/
JINDAL STAINLESS
 
P/E (TTM) x -2.3 22.7 - View Chart
P/BV x 0.3 3.9 8.3% View Chart
Dividend Yield % 0.0 0.4 -  

Financials

 MIDEAST INTEGRATED STEELS   JINDAL STAINLESS
EQUITY SHARE DATA
    MIDEAST INTEGRATED STEELS
Mar-24
JINDAL STAINLESS
Mar-24
MIDEAST INTEGRATED STEELS/
JINDAL STAINLESS
5-Yr Chart
Click to enlarge
High RsNA717 0.0%   
Low RsNA255 0.0%   
Sales per share (Unadj.) Rs56.2468.3 12.0%  
Earnings per share (Unadj.) Rs1.432.7 4.3%  
Cash flow per share (Unadj.) Rs6.243.4 14.2%  
Dividends per share (Unadj.) Rs03.00 0.0%  
Avg Dividend yield %00.6- 
Book value per share (Unadj.) Rs29.9174.3 17.2%  
Shares outstanding (eoy) m137.88823.43 16.7%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x01.0 0.0%   
Avg P/E ratio x014.9 0.0%  
P/CF ratio (eoy) x011.2 0.0%  
Price / Book Value ratio x02.8 0.0%  
Dividend payout %09.2 0.0%   
Avg Mkt Cap Rs m0400,374 0.0%   
No. of employees `000NANA-   
Total wages/salary Rs m1856,044 3.1%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m7,750385,625 2.0%  
Other income Rs m1,2273,626 33.8%   
Total revenues Rs m8,977389,251 2.3%   
Gross profit Rs m7946,631 0.2%  
Depreciation Rs m6548,788 7.4%   
Interest Rs m3855,544 7.0%   
Profit before tax Rs m26735,925 0.7%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m718,990 0.8%   
Profit after tax Rs m19626,935 0.7%  
Gross profit margin %1.012.1 8.4%  
Effective tax rate %26.525.0 105.9%   
Net profit margin %2.57.0 36.2%  
BALANCE SHEET DATA
Current assets Rs m8,178143,937 5.7%   
Current liabilities Rs m6,779100,400 6.8%   
Net working cap to sales %18.111.3 160.0%  
Current ratio x1.21.4 84.2%  
Inventory Days Days11819 636.1%  
Debtors Days Days103 382.2%  
Net fixed assets Rs m12,328159,822 7.7%   
Share capital Rs m1,3791,647 83.7%   
"Free" reserves Rs m2,751141,837 1.9%   
Net worth Rs m4,129143,484 2.9%   
Long term debt Rs m5,57445,628 12.2%   
Total assets Rs m20,507307,649 6.7%  
Interest coverage x1.77.5 22.6%   
Debt to equity ratio x1.30.3 424.5%  
Sales to assets ratio x0.41.3 30.2%   
Return on assets %2.810.6 26.9%  
Return on equity %4.718.8 25.3%  
Return on capital %6.721.9 30.6%  
Exports to sales %017.8 0.0%   
Imports to sales %045.3 0.0%   
Exports (fob) Rs mNA68,563 0.0%   
Imports (cif) Rs mNA174,530 0.0%   
Fx inflow Rs m068,563 0.0%   
Fx outflow Rs m0174,530 0.0%   
Net fx Rs m0-105,968 -0.0%   
CASH FLOW
From Operations Rs m49948,181 1.0%  
From Investments Rs m-81-33,402 0.2%  
From Financial Activity Rs m-308-8,294 3.7%  
Net Cashflow Rs m1107,655 1.4%  

Share Holding

Indian Promoters % 53.6 32.6 164.5%  
Foreign collaborators % 0.0 27.9 -  
Indian inst/Mut Fund % 0.2 28.6 0.5%  
FIIs % 0.0 22.8 -  
ADR/GDR % 0.0 0.0 -  
Free float % 46.4 39.5 117.5%  
Shareholders   92,660 209,910 44.1%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare MIDEAST INTEGRATED STEELS With:   TATA STEEL    JSW STEEL    RATNAMANI METALS    VENUS PIPES & TUBES    SHANKARA BUILDING PRODUCTS    


More on MIDEAST INTEGRATED STEELS 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:

MIDEAST INTEGRATED STEELS vs JSL STAINLESS Share Price Performance

Period MIDEAST INTEGRATED STEELS JSL STAINLESS S&P BSE METAL
1-Day -4.96% 2.65% 1.54%
1-Month -18.40% 2.90% -4.74%
1-Year -37.30% 33.17% 27.72%
3-Year CAGR 1.92% 59.00% 16.50%
5-Year CAGR -25.12% 76.94% 26.34%

* Compound Annual Growth Rate

Here are more details on the MIDEAST INTEGRATED STEELS share price and the JSL STAINLESS share price.

Moving on to shareholding structures...

The promoters of MIDEAST INTEGRATED STEELS hold a 53.6% 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 MIDEAST INTEGRATED STEELS and the shareholding pattern of JSL STAINLESS.

Finally, a word on dividends...

In the most recent financial year, MIDEAST INTEGRATED STEELS 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 MIDEAST INTEGRATED STEELS, and the dividend history of JSL STAINLESS.

For a sector overview, read our steel sector report.



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