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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 2019 INRUSD
Revenue839,550M12,003.39M
Gross Profit207,510M2,966.85M
Operating income147,050M2,102.43M
Income before tax111,980M1,601.02M
Net income76,390M1,092.17M
EBITDA187,460M2,680.19M
Diluted EPS31.600.45
Dividends Per Share4.100.05
Total Assets1,149.14B16,588.09M
Total liabilities804,520M11,613.42M
Total equity347,950M5,022.73M
Operating cash flow109,760M1,569.28M
Currency in INRCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 520,505.70M 415,461.70M 548,260M 712,880M 839,550M
Gross Profit 89,123M 63,825.70M 119,480M 165,030M 207,510M
Operating income 55,770M 38,954.30M 86,450M 110,320M 147,050M
Income before tax 25,391.10M -24,676.60M 51,280M 76,090M 111,980M
Net income 17,965.70M -3,354.30M 35,230M 62,140M 76,390M
EBITDA 90,114.90M 72,345.70M 120,890M 144,190M 187,460M
Diluted EPS 7.29 -0.14 14.57 25.70 31.60
Dividends Per Share 1.10 0.75 2.25 3.20 4.10
Total Assets 859,191.60M 824,650.70M 880,890M 920,180M 1,149.14B
Total liabilities 627,674.40M 636,944.20M 656,670M 643,830M 804,520M
Total equity 230,540.80M 189,654.50M 226,470M 279,980M 347,950M
Operating cash flow 43,864.90M 38,334.80M 44,370M 89,940M 109,760M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 8,512.86M 6,345.75M 8,176.02M 11,058.22M 12,003.39M
Gross Profit 1,457.60M 974.87M 1,781.76M 2,559.95M 2,966.85M
Operating income 912.11M 594.98M 1,289.20M 1,711.28M 2,102.43M
Income before tax 415.27M -376.90M 764.72M 1,180.31M 1,601.02M
Net income 293.82M -51.23M 525.37M 963.91M 1,092.17M
EBITDA 1,473.82M 1,105.00M 1,802.79M 2,236.68M 2,680.19M
Diluted EPS 0.11 -0.00 0.21 0.39 0.45
Dividends Per Share 0.01 0.01 0.03 0.04 0.05
Total Assets 13,729.21M 12,452.72M 13,565.71M 14,108.49M 16,588.09M
Total liabilities 10,029.75M 9,618.24M 10,112.72M 9,871.40M 11,613.42M
Total equity 3,683.86M 2,863.89M 3,487.64M 4,292.74M 5,022.73M
Operating cash flow 717.40M 585.52M 661.67M 1,395.15M 1,569.28M

Valuation Measures

Mar 2019
PER9.21
ROA7.38%
ROE24.33%
Operating margin17.51%
Profit margin9.09%

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

  • O.P. Jindal Group of Cos. (21.3%)
  • JFE Holdings, Inc. (15%)
  • Vividh Finvest Pvt Ltd. (5.9%)
  • Sahyog Holdings Pvt Ltd. (4.6%)
  • M.M. Warburg Bank (Schweiz) AG (4.2%)
  • Danta Enterprises Pvt Ltd. (2.4%)
  • Virtuous Tradecorp Pvt Ltd. (2.4%)
  • GAGANDEEP CREDIT CAPITAL PVT LTD (2.0%)
  • Nalwa Sons Investments Ltd. (1.8%)
  • The Vanguard Group, Inc. (1.6%)

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 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.
  • Acero Junction, Inc.

Competitors

  • Severstal PAO
  • POSCO
  • Tata Steel Limited
  • Nucor Corporation
  • NIPPON STEEL CORP.
  • Novolipetsk Steel
  • Bluescope Steel Limited
Last Updated on 15 Nov, 2019

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