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ChangeJindal Stainless, the flagship of the jindal organisation is the largest integrated manufacturer of stainless steel in India, catering to 40% of the total demand in the country, The $ 417 million company produces Hot Rolled / Cold Rolled stainless st... More
ArcelorMittal is the world’s leading steel and mining company with a presence in more than 60 countries. It operates a balanced portfolio of cost competitive steel plants across both the developed and developing world. The company’s products are used... More
 JINDAL STAINLESS  ARCELOR M. |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| JINDAL STAINLESS Mar-16 |
ARCELOR M. Dec-13 |
JINDAL STAINLESS/ ARCELOR M. |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 61 | 1,152 | - | |
| Low | Rs | 17 | 710 | - | |
| Sales per share (Unadj.) | Rs | 310.9 | 3,290.5 | - | |
| Earnings per share (Unadj.) | Rs | -16.7 | -105.4 | - | |
| Cash flow per share (Unadj.) | Rs | -5.4 | 107.4 | - | |
| Dividends per share (Unadj.) | Rs | 0 | 12.83 | - | |
| Dividend yield (eoy) | % | 0 | 1.4 | 0.0% | |
| Book value per share (Unadj.) | Rs | -6.4 | 2,062.5 | - | |
| Shares outstanding (eoy) | m | 231.19 | 1,548.95 | - | |
| Bonus/Rights/Conversions | CPS | - | - | ||
| Price / Sales ratio | x | 0.1 | 0.3 | 44.4% | |
| Avg P/E ratio | x | -2.3 | -8.8 | 26.5% | |
| P/CF ratio (eoy) | x | -7.3 | 8.7 | -83.9% | |
| Price / Book Value ratio | x | -6.1 | 0.5 | -1,361.4% | |
| Dividend payout | % | 0 | -12.2 | 0.0% | |
| Avg Mkt Cap | Rs m | 9,028 | 1,441,516 | 0.6% | |
| No. of employees | `000 | NA | 232.0 | 0.0% | |
| Total wages/salary | Rs m | 1,352 | 762,157 | 0.2% | |
| Avg. sales/employee | Rs Th | NM | 21,969.3 | - | |
| Avg. wages/employee | Rs Th | NM | 3,285.2 | - | |
| Avg. net profit/employee | Rs Th | NM | -703.8 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 71,884 | 5,096,870 | 1.4% | |
| Other income | Rs m | 249 | -28,359 | -0.9% | |
| Total revenues | Rs m | 72,132 | 5,068,512 | 1.4% | |
| Gross profit | Rs m | 5,717 | 406,518 | 1.4% | |
| Depreciation | Rs m | 2,612 | 329,718 | 0.8% | |
| Interest | Rs m | 10,290 | 199,858 | 5.1% | |
| Profit before tax | Rs m | -6,937 | -151,418 | 4.6% | |
| Minority Interest | Rs m | -7 | 1,925 | -0.4% | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 3,211 | 0 | - | |
| Tax | Rs m | 122 | 13,794 | 0.9% | |
| Profit after tax | Rs m | -3,855 | -163,287 | 2.4% | |
| Gross profit margin | % | 8.0 | 8.0 | 99.7% | |
| Effective tax rate | % | -1.8 | -9.1 | 19.4% | |
| Net profit margin | % | -5.4 | -3.2 | 167.4% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 72,727 | 2,183,044 | 3.3% | |
| Current liabilities | Rs m | 57,284 | 1,619,078 | 3.5% | |
| Net working cap to sales | % | 21.5 | 11.1 | 194.2% | |
| Current ratio | x | 1.3 | 1.3 | 94.2% | |
| Inventory Days | Days | 97 | 88 | 109.9% | |
| Debtors Days | Days | 48 | 22 | 212.4% | |
| Net fixed assets | Rs m | 51,471 | 3,295,514 | 1.6% | |
| Share capital | Rs m | 462 | 1,914,855 | 0.0% | |
| Net worth | Rs m | -1,470 | 3,194,719 | -0.0% | |
| Long term debt | Rs m | 73,233 | 1,168,931 | 6.3% | |
| Total assets | Rs m | 129,986 | 7,205,681 | 1.8% | |
| Interest coverage | x | 0.3 | 0.2 | 134.5% | |
| Debt to equity ratio | x | -49.8 | 0.4 | -13,618.2% | |
| Sales to assets ratio | x | 0.6 | 0.7 | 78.2% | |
| Return on assets | % | 5.0 | 0.5 | 975.4% | |
| Return on equity | % | 262.3 | -5.1 | -5,131.6% | |
| Return on capital | % | 9.1 | 1.2 | 791.7% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 9,652 | 275,631 | 3.5% | |
| From Investments | Rs m | 10,382 | -184,588 | -5.6% | |
| From Financial Activity | Rs m | -19,710 | 15,463 | -127.5% | |
| Net Cashflow | Rs m | 323 | 106,506 | 0.3% | |
Compare JINDAL STAINLESS With: GERDAU (Brazil) NIPPON STEEL (Japan) BAOSTEEL (China)
Compare JINDAL STAINLESS With: TECHNOCRAFT INDUS. MAH. SEAMLESS JAI CORP LTD PRAKASH INDUSTRIES TATA SPONGE
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Share markets in India are presently trading marginally lower. Sectoral indices are trading on a mixed note with stocks in the IT sector and power sector witnessing maximum selling pressure.
Tata Steel reported a robust operating performance on the back of strong domestic and European operations.
The company registered a negative EBITDA of Rs 2.64 billion during the quarter. This is on the back of an increase in raw material prices.
Tata Steel reported a robust operating performance on the back of strong domestic and European operations.
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