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JSL - Jindal Stainless Share Price

₹38.95 0.4  1.0%

Last Trade - 7:24am

Sector
Basic Materials
Size
Small Cap
Market Cap £191.6m
Enterprise Value £576.3m
Revenue £1.32bn
Position in Universe 495th / 3002
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -7.42%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -18.4%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
69,480 76,439 99,248 118,168 135,573 129,509 112,904 149,302 +13.3%
+206.1 -58.4 -50.6
PEG
Profitability
ROA
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%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2020, Jindal Stainless Ltd revenues decreased 4% to RS129.51B. Net income decreased 50% to RS713.2M. Revenues reflect Within India segment decrease of 6% to RS95.95B. Net income also reflects Depreciation on Fixed Assets increase of 21% to RS4.17B (expense), Power and Fuel increase of 8% to RS7.93B (expense). Basic Earnings per Share excluding Extraordinary Items decreased from RS2.97 to RS1.49.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Jindal Stainless Limited is a stainless steel manufacturer with a capacity of one million tons per annum. The Company's products include stainless steel products, ferro alloys and metallurgical coke. Its Ferro Alloys include ferro chrome, ferro manganese, high carbon (HC) silico Manganese, medium carbon (MC) silico manganese and low carbon (LC) silico manganese. Its stainless steel products include Slabs, Hot Rolled Coil, Hot Rolled Annealed and Pickled (HRAP) Coil/2E Coil, Cold Rolled Annealed and Pickled (CRAP) coil and Plates. The Company's Ferro Alloy division has a production capacity of 250,000 tons per annum. It has installed 64-chamber stamp-charging coke oven battery to produce 430,000 tons per annum. It is focused on developing captive coal mines for raw material requirements. Its various grades of products include 200 series, 300 series and duplex series. The Company has a global presence in approximately 60 countries. Its manufacturing unit is located in Jajpur, Odisha.

Directors
Last Annual March 31st, 2020
Last Interim March 31st, 2020
Incorporated September 29, 1980
Public Since December 1, 1999
No. of Shareholders: 61,495
No. of Employees: 8,058
Sector Basic Materials
Industry Metals & Mining
Index
Exchange National Stock Exchange of India
Shares in Issue 487,234,600
Free Float (0.0%)
Eligible for
ISAs
SIPPs
JSL Share Price Performance
Share Price
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Latest News for JSL
Upcoming Events for JSL
Frequently Asked Questions for Jindal Stainless
What is the Jindal Stainless share price?

As of 7:24am, shares in Jindal Stainless are trading at ₹38.95, giving the company a market capitalisation of £191.6m. This share price information is delayed by 15 minutes.

How has the Jindal Stainless share price performed this year?

Shares in Jindal Stainless are currently trading at ₹38.95 and the price has moved by 29.15% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Jindal Stainless price has moved by 27.69% over the past year.

What are the analyst and broker recommendations for Jindal Stainless?

Of the analysts with advisory recommendations for Jindal Stainless, there are there are currently 1 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Jindal Stainless is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Jindal Stainless next release its financial results?

Jindal Stainless is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Jindal Stainless dividend yield?

Jindal Stainless does not currently pay a dividend.

Does Jindal Stainless pay a dividend?

Jindal Stainless does not currently pay a dividend.

When does Jindal Stainless next pay dividends?

Jindal Stainless does not currently pay a dividend.

How do I buy Jindal Stainless shares?

To buy shares in Jindal Stainless you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Jindal Stainless?

Shares in Jindal Stainless are currently trading at ₹38.95, giving the company a market capitalisation of £191.6m.

Where are Jindal Stainless shares listed? Where are Jindal Stainless shares listed?

Here are the trading details for Jindal Stainless:

Country of listing: India
Exchange: NSI
Ticker Symbol: JSL
What kind of share is Jindal Stainless?

Based on an overall assessment of its quality, value and momentum, Jindal Stainless is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Jindal Stainless share price forecast 2020?

Shares in Jindal Stainless are currently priced at ₹38.95. At that level they are trading at 31.65% discount to the analyst consensus target price of 0.00.

Analysts covering Jindal Stainless currently have a consensus Earnings Per Share (EPS) forecast of -1.767 for the next financial year.

How can I tell whether the Jindal Stainless share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Jindal Stainless. Over the past six months, the relative strength of its shares against the market has been -0.21%. At the current price of ₹38.95, shares in Jindal Stainless are trading at 8.11% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Jindal Stainless PE Ratio?

The Jindal Stainless PE ratio based on its reported earnings over the past 12 months is 34.16. The shares are currently trading at ₹38.95.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Jindal Stainless?

Jindal Stainless's management team is headed by:

Ratan Jindal - CHM
Nirmal Mathur - IND
Savitri Jindal - NEC
Gautam Kanjilal - NED
Kanwaljit Thind - IND
Bhaswati Mukherjee - NID
Abhyuday Jindal - MDR
Tarun Khulbe - EDR
Navneet Raghuvanshi - CCO
Arti Luniya - IND
Ajay Goyal - CFO
Who are the major shareholders of Jindal Stainless?

Here are the top five shareholders of Jindal Stainless based on the size of their shareholding:

Jindal Organisation Corporation
Percentage owned: 52.28% (254.7m shares)
Kotak Mahindra Asset Management Company Ltd. Investment Advisor
Percentage owned: 5.82% (28.4m shares)
AfrAsia Capital Management Ltd Investment Advisor
Percentage owned: 4.05% (19.7m shares)
Investment Professionals Ltd, Investment Advisor/Hedge Fund
Percentage owned: 3.76% (18.3m shares)
State Bank of India Corporation
Percentage owned: 2.15% (10.5m shares)
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