Financials Jindal Saw Limited NSE India S.E.

Equities

JINDALSAW

INE324A01024

Iron & Steel

Market Closed - NSE India S.E. 05:13:55 28/06/2024 pm IST 5-day change 1st Jan Change
543.8 INR +0.99% Intraday chart for Jindal Saw Limited -4.86% +31.99%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 14,645 23,710 28,643 46,253 1,37,266 1,72,767 -
Enterprise Value (EV) 1 14,645 23,710 28,643 46,253 1,37,266 1,72,767 1,72,767
P/E ratio 2.64 x 7.4 x 6.95 x 7.31 x 8.2 x 9.77 x 8.93 x
Yield 4.37% 2.7% 2.22% 2.06% - 1.29% 1.47%
Capitalization / Revenue 0.13 x 0.22 x 0.22 x 0.26 x 0.65 x 0.74 x 0.71 x
EV / Revenue 0.13 x 0.22 x 0.22 x 0.26 x 0.65 x 0.74 x 0.71 x
EV / EBITDA 0.96 x 1.91 x 2.04 x 2.78 x 4.13 x 5.14 x 5 x
EV / FCF 1.34 x 1.96 x -24.3 x 3.57 x - 31.3 x 10.1 x
FCF Yield 74.6% 51.1% -4.11% 28% - 3.19% 9.94%
Price to Book - - - - - 1.5 x 1.32 x
Nbr of stocks (in thousands) 3,19,757 3,19,754 3,18,081 3,17,778 3,17,672 3,17,908 -
Reference price 2 45.80 74.15 90.05 145.6 432.1 543.4 543.4
Announcement Date 27/06/20 27/05/21 30/05/22 17/05/23 07/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,16,270 1,06,636 1,32,984 1,78,678 2,09,577 2,32,574 2,44,478
EBITDA 1 15,225 12,426 14,020 16,653 33,210 33,610 34,532
EBIT 1 12,099 9,921 10,816 13,476 29,212 28,078 28,714
Operating Margin 10.41% 9.3% 8.13% 7.54% 13.94% 12.07% 11.75%
Earnings before Tax (EBT) 1 4,803 4,993 6,215 7,100 22,157 23,236 25,464
Net income 1 5,547 3,188 4,118 6,324 16,770 17,802 19,469
Net margin 4.77% 2.99% 3.1% 3.54% 8% 7.65% 7.96%
EPS 2 17.35 10.02 12.96 19.91 52.68 55.65 60.85
Free Cash Flow 1 10,929 12,111 -1,178 12,949 - 5,516 17,173
FCF margin 9.4% 11.36% -0.89% 7.25% - 2.37% 7.02%
FCF Conversion (EBITDA) 71.79% 97.47% - 77.76% - 16.41% 49.73%
FCF Conversion (Net income) 197.01% 379.86% - 204.77% - 30.99% 88.21%
Dividend per Share 2 2.000 2.000 2.000 3.000 - 7.000 8.000
Announcement Date 27/06/20 27/05/21 30/05/22 17/05/23 07/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3
Net sales 1 34,783 40,435 51,579 51,880 44,100 54,661 56,558
EBITDA 1 - 3,314 4,952 6,003 6,079 8,042 10,707
EBIT - - - - - - -
Operating Margin - - - - - - -
Earnings before Tax (EBT) - - - 3,925 3,532 4,951 -
Net income 1 - 594.2 2,144 3,537 2,435 3,556 5,117
Net margin - 1.47% 4.16% 6.82% 5.52% 6.5% 9.05%
EPS 2 - 1.870 6.750 11.14 8.280 11.82 16.72
Dividend per Share - - - - - - -
Announcement Date 05/08/22 11/11/22 25/01/23 17/05/23 11/08/23 26/10/23 16/01/24
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 10,929 12,111 -1,178 12,949 - 5,516 17,173
ROE (net income / shareholders' equity) 8.5% 4.64% 5.74% 8.27% - 16.2% 15.1%
ROA (Net income/ Total Assets) - - - - - 12.3% 11.6%
Assets 1 - - - - - 1,44,728 1,67,836
Book Value Per Share 2 - - - - - 363.0 412.0
Cash Flow per Share 2 - - - 50.90 - 53.20 56.20
Capex 1 5,717 - 4,535 3,225 - 6,504 6,457
Capex / Sales 4.92% - 3.41% 1.8% - 2.8% 2.64%
Announcement Date 27/06/20 27/05/21 30/05/22 17/05/23 07/05/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
543.4 INR
Average target price
801.5 INR
Spread / Average Target
+47.48%
Consensus