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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 2021 INRUSD
Revenue785,900M10,586.64M
Gross Profit207,770M2,798.81M
Operating income141,030M1,899.77M
Income before tax120,140M1,618.37M
Net income79,110M1,065.66M
EBITDA188,270M2,536.13M
Diluted EPS32.720.44
Dividends Per Share6.500.08
Total Assets1,483.17B20,285.78M
Total liabilities1,021.72B13,974.38M
Total equity467,640M6,396.06M
Operating cash flow150,790M2,031.25M
Currency in INRCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 548,260M 712,880M 839,550M 720,200M 785,900M
Gross Profit 119,480M 165,030M 207,510M 135,580M 207,770M
Operating income 86,450M 110,320M 147,050M 71,550M 141,030M
Income before tax 51,280M 76,090M 111,980M 31,030M 120,140M
Net income 35,230M 62,140M 76,390M 40,300M 79,110M
EBITDA 120,890M 144,190M 187,460M 114,310M 188,270M
Diluted EPS 14.57 25.70 31.60 16.67 32.72
Dividends Per Share 2.25 3.20 4.10 2 6.50
Total Assets 880,890M 920,180M 1,149.14B 1,318.20B 1,483.17B
Total liabilities 656,670M 643,830M 804,520M 957,960M 1,021.72B
Total equity 226,470M 279,980M 347,950M 365,990M 467,640M
Operating cash flow 44,370M 89,940M 109,760M 87,780M 150,790M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 8,176.02M 11,058.22M 12,003.39M 10,157.11M 10,586.64M
Gross Profit 1,781.76M 2,559.95M 2,966.85M 1,912.10M 2,798.81M
Operating income 1,289.20M 1,711.28M 2,102.43M 1,009.08M 1,899.77M
Income before tax 764.72M 1,180.31M 1,601.02M 437.62M 1,618.37M
Net income 525.37M 963.91M 1,092.17M 568.35M 1,065.66M
EBITDA 1,802.79M 2,236.68M 2,680.19M 1,612.13M 2,536.13M
Diluted EPS 0.21 0.39 0.45 0.23 0.44
Dividends Per Share 0.03 0.04 0.05 0.02 0.08
Total Assets 13,565.71M 14,108.49M 16,588.09M 17,424.69M 20,285.78M
Total liabilities 10,112.72M 9,871.40M 11,613.42M 12,662.84M 13,974.38M
Total equity 3,487.64M 4,292.74M 5,022.73M 4,837.85M 6,396.06M
Operating cash flow 661.67M 1,395.15M 1,569.28M 1,237.97M 2,031.25M

Valuation Measures

Mar 2021
PER14.21
ROA5.64%
ROE18.97%
Operating margin17.94%
Profit margin10.06%

Key executives

  • Chief Executive Officer: Sharad Mahendra
  • Vice President-Operations: Satya Prakash
  • 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. (8.4%)
  • JSW Holdings Ltd. (7.5%)
  • Vividh Finvest Pvt Ltd. (4.9%)
  • Life Insurance Corp of India (4.7%)
  • Sahyog Holdings Pvt Ltd. (4.6%)
  • Siddeshwari Tradex Pvt Ltd. (3.4%)
  • JSW Energy Ltd. (2.8%)
  • Virtuous Tradecorp Pvt Ltd. (2.4%)
  • Theleme Partners LLP (2.3%)

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 EPF Trust
  • Prime Coal LLC
  • JSW Vallabh Tin Plate Pvt Ltd.
  • JSW Vijayanagar Metallics Ltd.
  • 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
  • R.C. 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.

Competitors

  • Bluescope Steel Limited
  • Vedanta Limited
Last Updated on 29 Jul, 2021

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