BSE:532286

Stock Analysis Report

Jindal Steel & Power

Executive Summary

Jindal Steel & Power Limited operates in the steel, power, mining, and infrastructure sectors in Asia, Africa, Australia, and the Middle East.

Snowflake

Fundamentals

Mediocre balance sheet with moderate growth potential.

Risks

  • Jindal Steel & Power has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Jindal Steel & Power's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

9.8%

BSE:532286

-0.2%

IN Metals and Mining

0.4%

IN Market


1 Year Return

-49.4%

BSE:532286

-33.5%

IN Metals and Mining

-13.4%

IN Market

532286 underperformed the Metals and Mining industry which returned -32.4% over the past year.

532286 underperformed the Market in India which returned -12.8% over the past year.


Share holder returns

532286IndustryMarket
7 Day9.8%-0.2%0.4%
30 Day-25.0%-13.0%-3.7%
90 Day-31.6%-18.1%-7.4%
1 Year-49.4%-49.4%-30.8%-33.5%-11.7%-13.4%
3 Year19.1%19.1%4.0%-7.2%18.7%12.4%
5 Year-56.2%-56.2%-9.2%-24.0%37.5%24.5%

Price Volatility Vs. Market

How volatile is Jindal Steel & Power's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Jindal Steel & Power undervalued based on future cash flows and its price relative to the stock market?

20%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Jindal Steel & Power's share price is below the future cash flow value, and at a moderate discount (> 20%).

Jindal Steel & Power's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Jindal Steel & Power is loss making, we can't compare its value to the IN Metals and Mining industry average.

Jindal Steel & Power is loss making, we can't compare the value of its earnings to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Jindal Steel & Power, we can't assess if its growth is good value.


Price Based on Value of Assets

Jindal Steel & Power is good value based on assets compared to the IN Metals and Mining industry average.


Next Steps

Future Growth

How is Jindal Steel & Power expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

56.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Jindal Steel & Power's revenue is expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).

Jindal Steel & Power's earnings are expected to grow significantly at over 20% yearly.

Jindal Steel & Power's revenue growth is positive but not above the India market average.

Jindal Steel & Power's earnings growth is expected to exceed the India market average.

Jindal Steel & Power's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Jindal Steel & Power is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Jindal Steel & Power performed over the past 5 years?

-9.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Jindal Steel & Power does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Jindal Steel & Power's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Jindal Steel & Power's 1-year growth to the IN Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Jindal Steel & Power has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

Jindal Steel & Power used its assets less efficiently than the IN Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Jindal Steel & Power improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Jindal Steel & Power's financial position?


Financial Position Analysis

Jindal Steel & Power's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Jindal Steel & Power's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Jindal Steel & Power's level of debt (108.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (154.1% vs 108.2% today).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.4x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Whilst loss making Jindal Steel & Power has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Jindal Steel & Power has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -16.8% per year.


Next Steps

Dividend

What is Jindal Steel & Power's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Jindal Steel & Power's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Jindal Steel & Power's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Jindal Steel & Power has not reported any payouts.

Unable to verify if Jindal Steel & Power's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Jindal Steel & Power has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Jindal Steel & Power's dividends in 3 years as they are not expected to pay a notable one for India.


Next Steps

Management

What is the CEO of Jindal Steel & Power's salary, the management and board of directors tenure and is there insider trading?

1.6yrs

Average management tenure


CEO

Jindal Steel & Power has no CEO, or we have no data on them.


Management Age and Tenure

1.6yrs

Average Tenure

53yo

Average Age

The average tenure for the Jindal Steel & Power management team is less than 2 years, this suggests a new team.


Board Age and Tenure

8.1yrs

Average Tenure

69yo

Average Age

The tenure for the Jindal Steel & Power board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buy₹5,675,779,73113 May 19
Opelina Finance And Investment Ltd.
EntityCompany
Shares40,207,731
Max Price₹141.56
Buy₹239,999,94408 May 19
Opelina Finance And Investment Ltd.
EntityCompany
Shares1,710,498
Max Price₹140.31
Buy₹159,999,94501 May 19
Opelina Finance And Investment Ltd.
EntityCompany
Shares1,140,332
Max Price₹140.31
Buy₹1,674,98725 Mar 19
Sudhanshu Saraf
EntityIndividual
Shares10,000
Max Price₹167.50
Buy₹835,00007 Mar 19
Sudhanshu Saraf
EntityIndividual
Shares5,000
Max Price₹167.00
Buy₹37,102,64624 Jan 19
Naveen Jindal
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares265,000
Max Price₹140.01

Ownership Breakdown


Management Team

  • Naveen Jindal (49yo)

    Chairman of the Board

    • Tenure: 8.1yrs
    • Compensation: ₹96.90m
  • Deepak Sogani (53yo)

    Chief Financial Officer

    • Tenure: 1.7yrs
    • Compensation: ₹15.28m
  • Dinesh Saraogi

    COO of Chattisgarh Operations & Whole-Time Director

    • Tenure: 6.8yrs
    • Compensation: ₹12.35m
  • Pankaj Gautam (66yo)

    Chief Operating Officer of Odisha Operations

    • Tenure: 1.6yrs
  • Virendra Mehta (67yo)

    Executive Director

    • Tenure: 0.0yrs
  • Ashish Kumar (49yo)

    Executive Director

    • Tenure: 0.0yrs
  • Rakesh Kumar (57yo)

    Chief Commercial Officer

    • Tenure: 0.1yrs
  • Sundres Pillay (45yo)

    Executive Director

    • Tenure: 0.0yrs
  • Damodar Mittal (53yo)

    Executive Vice President

    • Tenure: 0.0yrs
  • Hemant Kumar (52yo)

    Group Head Treasury

    • Tenure: 8.0yrs

Board Members

  • Arun Purwar (73yo)

    Independent Director

    • Tenure: 12.1yrs
    • Compensation: ₹670.00k
  • Ram Shahi (74yo)

    Independent Director

    • Tenure: 11.8yrs
    • Compensation: ₹550.00k
  • Naveen Jindal (49yo)

    Chairman of the Board

    • Tenure: 8.1yrs
    • Compensation: ₹96.90m
  • Savitri Jindal (69yo)

    Chairperson Emeritus

    • Tenure: 8.1yrs
  • Naushad Ansari (67yo)

    Joint MD & Additional Executive Director

    • Tenure: 0.0yrs
    • Compensation: ₹2.47m
  • Dinesh Saraogi

    COO of Chattisgarh Operations & Whole-Time Director

    • Tenure: 6.8yrs
    • Compensation: ₹12.35m
  • Anjan Barua

    Nominee Director - State Bank of India

    • Tenure: 2.5yrs
    • Compensation: ₹450.00k
  • Hardip Wirk (50yo)

    Independent Director

    • Tenure: 10.6yrs
    • Compensation: ₹590.00k
  • Shallu Jindal

    Non-Executive Non-Independent Director

    • Tenure: 7.3yrs
    • Compensation: ₹300.00k
  • Sudershan Garg (69yo)

    Independent Director

    • Tenure: 6.8yrs
    • Compensation: ₹540.00k

Company Information

Jindal Steel & Power Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jindal Steel & Power Limited
  • Ticker: 532286
  • Exchange: BSE
  • Founded: 1979
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ₹106.894b
  • Shares outstanding: 1.02b
  • Website: https://www.jindalsteelpower.com

Number of Employees


Location

  • Jindal Steel & Power Limited
  • Jindal Centre
  • 12, Bhikaiji Cama Place
  • New Delhi
  • Delhi
  • 110066
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532286BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 1999
JINDALSTELNSEI (National Stock Exchange of India)YesEquity SharesININRDec 1999

Biography

Jindal Steel & Power Limited operates in the steel, power, mining, and infrastructure sectors in Asia, Africa, Australia, and the Middle East. It operates through Iron and Steel Products, Power, and Others ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 12:41
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.