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Non-Energy Minerals

JSW Steel Ltd.

Business Summary

JSW Steel Ltd. is a holding company, which engages in the production, distribution, and trade of iron and steel products. It offers hot rolled and cold rolled coils and sheets; galvanized coils and corrugated sheets; galvalume products; steel doors; and light steel building solutions. It operates and markets through the following brands: Vishwas, Vishwas+, Colouron, Colouron+, Pragati, Neosteel, Galvos, Galveco, Trusteel, and Avante. The company was founded by Om Prakash Jindal in 1982 and is headquartered in Mumbai, India.

Financial Highlights

Mar 2020 INRUSD
Revenue730,760M10,306.04M
Gross Profit209,890M2,960.11M
Operating income73,770M1,040.39M
Income before tax31,030M437.62M
Net income40,300M568.35M
EBITDA116,230M1,639.21M
Diluted EPS16.670.23
Dividends Per Share20.02
Total Assets1,318.20B17,424.69M
Total liabilities957,960M12,662.84M
Total equity365,990M4,837.85M
Operating cash flow87,780M1,237.97M
Currency in INRCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 415,461.70M 548,260M 712,880M 839,550M 730,760M
Gross Profit 63,825.70M 119,480M 165,030M 207,510M 209,890M
Operating income 38,954.30M 86,450M 110,320M 147,050M 73,770M
Income before tax -24,676.60M 51,280M 76,090M 111,980M 31,030M
Net income -3,354.30M 35,230M 62,140M 76,390M 40,300M
EBITDA 72,345.70M 120,890M 144,190M 187,460M 116,230M
Diluted EPS -0.14 14.57 25.70 31.60 16.67
Dividends Per Share 0.75 2.25 3.20 4.10 2
Total Assets 824,650.70M 880,890M 920,180M 1,149.14B 1,318.20B
Total liabilities 636,944.20M 656,670M 643,830M 804,520M 957,960M
Total equity 189,654.50M 226,470M 279,980M 347,950M 365,990M
Operating cash flow 38,334.80M 44,370M 89,940M 109,760M 87,780M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 6,345.75M 8,176.02M 11,058.22M 12,003.39M 10,306.04M
Gross Profit 974.87M 1,781.76M 2,559.95M 2,966.85M 2,960.11M
Operating income 594.98M 1,289.20M 1,711.28M 2,102.43M 1,040.39M
Income before tax -376.90M 764.72M 1,180.31M 1,601.02M 437.62M
Net income -51.23M 525.37M 963.91M 1,092.17M 568.35M
EBITDA 1,105.00M 1,802.79M 2,236.68M 2,680.19M 1,639.21M
Diluted EPS -0.00 0.21 0.39 0.45 0.23
Dividends Per Share 0.01 0.03 0.04 0.05 0.02
Total Assets 12,452.72M 13,565.71M 14,108.49M 16,588.09M 17,424.69M
Total liabilities 9,618.24M 10,112.72M 9,871.40M 11,613.42M 12,662.84M
Total equity 2,863.89M 3,487.64M 4,292.74M 5,022.73M 4,837.85M
Operating cash flow 585.52M 661.67M 1,395.15M 1,569.28M 1,237.97M

Valuation Measures

Mar 2020
PER8.72
ROA3.26%
ROE11.28%
Operating margin10.09%
Profit margin5.51%

Key executives

  • Chief Executive Officer: D. Ravichandar
  • President-Operations: P. Rajashekar
  • Joint MD, Group CFO & Executive Director: Seshagiri Rao Venkatasathya Metlapalli
  • Chief Financial Officer: Rajeev M. Pai
  • Chief Information Officer-Information Technology: Sinha Dheeraj

Shareholders

  • JFE Holdings, Inc. (15%)
  • O.P. Jindal Group of Cos. (10.9%)
  • JSW Holdings Ltd. (7.5%)
  • Vividh Finvest Pvt Ltd. (5.9%)
  • Sahyog Holdings Pvt Ltd. (4.6%)
  • M.M. Warburg Bank (Schweiz) AG (3.7%)
  • JSW Energy Ltd. (2.8%)
  • Danta Enterprises Pvt Ltd. (2.4%)
  • Virtuous Tradecorp Pvt Ltd. (2.4%)
  • Theleme Partners LLP (2.4%)

Contact Details

  • Website:http://www.jsw.in/steel
  • Address: JSW Centre, Bandra Kurla Complex, Near MMRDA Grounds, Mumbai, 400051, India
  • Phone: +91.22.42861000

Related Companies

  • JSW Steel Italy Piombino SpA
  • JSW Natural Resources Ltd.
  • JSW Natural Resources Mozambique Lda.
  • JSW ADMS Carvao Lda.
  • Inversiones Eurosh Ltda.
  • Periama Handling LLC
  • Caretta Minerals LLC
  • Lakeland Securities Ltd.
  • Rolling S Augering LLC
  • Arima Holdings Ltd.
  • Hutchinson Minerals LLC
  • Keenan Minerals LLC
  • JSW Retail Ltd.
  • Hasaud Steel Ltd.
  • JSW Utkal Steel Ltd.
  • Peace Leasing LLC
  • RC Minerals LLC
  • Meadow Creek Minerals LLC
  • Lower Hutchinson Minerals LLC
  • Santa Fe Puerto SA
  • Purest Energy LLC
  • Prime Coat LLC
  • Santa Fe Mining SA
  • Planck Holdings LLC
  • Erebus Ltd. (Mauritius)
  • Nippon Ispat Singapore (Pte) Ltd.
  • JSW Steel USA Ohio, Inc.
  • JSW Steel Italy SRL
  • Peddar Realty Pvt Ltd.
  • Acero Junction Holdings, Inc.

Competitors

  • POSCO
  • Tata Steel Limited
  • Severstal PAO
  • Nucor Corporation
  • NIPPON STEEL CORP.
  • Novolipetsk Steel
  • Bluescope Steel Limited
Last Updated on 27 May, 2020

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