JSW Steel Ltd Stock/Share Price, Latest BSE/NSE JSW Steel Ltd Financial Summary at www.indiainfoline.com

Y/e 31 Mar	Mar-2022	Mar-2021	Mar-2020	Mar-2018
Growth matrix (%)
Revenue growth	83.30	8.88	4.42	26.30
Op profit growth	93.70	69.60	(20)	21.50
EBIT growth	115	96.40	(29)	30.10
Net profit growth	161	96.30	(35)	76.40
Profitability ratios (%)
OPM	26.60	25.20	16.20	21.10
EBIT margin	23.60	20.10	11.10	16.50
Net profit margin	14.10	9.91	5.50	8.85
RoCE	25.30	14.10	8.38	14
RoNW	9.15	4.81	3.11	6.11
RoA	3.78	1.73	1.03	1.88
Per share ratios ()
EPS	69.60	26.10	13	20.20
Dividend per share	17.40	6.50	2	3.20
Cash EPS	48.60	10.70	(0.70)	9.37
Book value per share	223	151	122	93.50
Valuation ratios
P/E	10.50	17.90	11.20	14.20
P/CEPS	15.10	43.70	(204)	30.70
P/B	3.28	3.09	1.21	3.10
EV/EBIDTA	5.72	8.05	6.83	7.20
Payout (%)
Dividend payout	--	--	--	12.40
Tax payout	(30)	(34)	23.20	(20)
Liquidity ratios
Debtor days	14.90	20.60	22.90	23
Inventory days	59.90	64.10	65.60	62.30
Creditor days	(41)	(66)	(64)	(46)
Leverage ratios
Interest coverage	(7)	(4.10)	(1.90)	(3.10)
Net debt / equity	0.81	1.18	1.35	1.35
Net debt / op. profit	1.41	2.68	4.16	2.58
Cost breakup ()
Material costs	(40)	(41)	(53)	(56)
Employee costs	(2.40)	(3.10)	(3.90)	(2.60)
Other costs	(30)	(31)	(27)	(21)

Y/e 31 Mar( In .Cr)	Mar-2022	Mar-2021	Mar-2020	Mar-2018
Revenue	146,371	79,839	73,326	70,225
yoy growth (%)	83.30	8.88	4.42	26.30
Raw materials	(59,270)	(32,508)	(38,730)	(39,025)
As % of sales	40.50	40.70	52.80	55.60
Employee costs	(3,493)	(2,506)	(2,839)	(1,843)
As % of sales	2.39	3.14	3.87	2.62
Other costs	(44,601)	(24,684)	(19,884)	(14,563)
As % of sales	30.50	30.90	27.10	20.70
Operating profit	39,007	20,141	11,873	14,794
OPM	26.60	25.20	16.20	21.10
Depreciation	(6,001)	(4,679)	(4,246)	(3,387)
Interest expense	(4,968)	(3,957)	(4,265)	(3,701)
Other income	1,531	592	546	167
Profit before tax	29,569	12,097	3,908	7,873
Taxes	(8,807)	(4,142)	906	(1,538)
Tax rate	(30)	(34)	23.20	(20)
Minorities and other	(273)	38	111	143
Adj. profit	20,489	7,993	4,925	6,478
Exceptional items	(741)	(83)	(805)	(264)
Net profit	20,665	7,911	4,030	6,214
yoy growth (%)	161	96.30	(35)	76.40
NPM	14.10	9.91	5.50	8.85

Y/e 31 Mar ( In .Cr)	Mar-2022	Mar-2021	Mar-2020	Mar-2018
Revenue	118,820	70,727	64,262	64,975
yoy growth (%)	68	10.10	(1.10)	24.30
Raw materials	(48,579)	(28,070)	(33,466)	(37,470)
As % of sales	40.90	39.70	52.10	57.70
Employee costs	(1,870)	(1,501)	(1,496)	(1,260)
As % of sales	1.57	2.12	2.33	1.94
Other costs	(36,503)	(21,897)	(16,783)	(12,504)
As % of sales	30.70	31	26.10	19.20
Operating profit	31,868	19,259	12,517	13,741
OPM	26.80	27.20	19.50	21.10
Depreciation	(4,511)	(3,781)	(3,522)	(3,054)
Interest expense	(3,849)	(3,565)	(4,022)	(3,591)
Other income	1,929	669	628	213
Profit before tax	25,437	12,582	5,601	7,309
Taxes	(8,013)	(3,803)	999	(2,450)
Tax rate	(32)	(30)	17.80	(34)
Minorities and other	--	--	--	--
Adj. profit	17,424	8,779	6,600	4,859
Exceptional items	(722)	(386)	(1,309)	(234)
Net profit	16,702	8,393	5,291	4,625
yoy growth (%)	99	58.60	14.40	29.30
NPM	14.10	11.90	8.23	7.12

Y/e 31 Mar ( In .Cr)	Mar-2022	Mar-2021	Mar-2020	Mar-2018
Profit before tax	29,569	12,097	3,908	7,873
Depreciation	(6,001)	(4,679)	(4,246)	(3,387)
Tax paid	(8,807)	(4,142)	906	(1,538)
Working capital	21,775	9,059	10,716	3,872
Other operating items	--	--	--	--
Operating cashflow	36,536	12,335	11,284	6,820
Capital expenditure	96,227	46,172	36,263	8,454
Free cash flow	132,763	58,508	47,548	15,274
Equity raised	62,064	53,348	48,810	42,566
Investments	2,026	5,337	(491)	806
Debt financing/disposal	65,292	59,220	52,161	23,680
Dividends paid	--	--	--	770
Other items	--	--	--	--
Net in cash	262,145	176,414	148,028	83,097

Y/e 31 Mar ( In .Cr)	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Equity capital	301	302	301	301
Preference capital	29	26	24	20
Reserves	66,996	45,308	36,298	34,494
Net worth	67,326	45,636	36,623	34,815
Minority interest
Debt	72,208	66,701	61,399	47,376
Deferred tax liabilities (net)	11,270	9,676	9,454	11,291
Total liabilities	152,042	121,394	106,901	93,032
Fixed assets	116,785	97,483	89,276	74,533
Intangible assets
Investments	4,940	7,427	1,259	1,894
Deferred tax asset (net)	3,649	6,167	7,777	7,514
Net working capital	9,285	(2,496)	(3,414)	2,904
Inventories	33,787	14,249	13,773	14,548
Inventory Days	84.30	65.10	68.60	--
Sundry debtors	7,457	4,486	4,505	7,160
Debtor days	18.60	20.50	22.40	--
Other current assets	16,133	10,705	11,004	10,475
Sundry creditors	(15,933)	(8,210)	(13,291)	(9,095)
Creditor days	39.70	37.50	66.20	--
Other current liabilities	(32,159)	(23,726)	(19,405)	(20,184)
Cash	17,383	12,813	12,003	6,187
Total assets	152,042	121,394	106,901	93,032

Select Period

Particulars ( Rupees In Crores.)	Sep-2022	Jun-2022	Mar-2022	Dec-2021	Sep-2021
Gross Sales	41,122	37,500	46,026	37,462	31,909
Excise Duty	--	--	--	--	--
Net Sales	41,122	37,500	46,026	37,462	31,909
Other Operating Income	656	586	869	609	594
Other Income	779	189	233	176	1,549
Total Income	42,557	38,275	47,128	38,247	34,052
Total Expenditure **	40,082	33,794	38,483	28,939	22,086
PBIDT	2,475	4,481	8,645	9,308	11,966
Interest	1,523	1,422	1,756	1,283	936
PBDT	952	3,059	6,889	8,025	11,030
Depreciation	1,805	1,778	1,815	1,764	1,239
Minority Interest Before NP	--	--	--	--	--
Tax	21	414	1,021	844	1,517
Deferred Tax	41	28	710	901	1,095
Reported Profit After Tax	(915)	839	3,343	4,516	7,179
Minority Interest After NP	(67)	1	109	159	9
Net Profit after Minority Interest	(848)	838	3,234	4,357	7,170
Extra-ordinary Items	548	--	(488)	--	--
Adjusted Profit After Extra-ordinary item	(1,396)	838	3,722	4,357	7,170
EPS (Unit Curr.)	(3.50)	3.49	13.50	18.10	29.80
Book Value (Unit Curr.)	--	--	--	--	--
Dividend (%)	--	--	--	--	--
Equity	301	301	301	240	240
Public Shareholding (Number)	--	--	--	--	--
Public Shareholding (%)	--	--	--	--	--
Pledged/Encumbered - No. of Shares	--	--	--	--	--
Pledged/Encumbered - % in Total Promoters Holding	--	--	--	--	--
Pledged/Encumbered - % in Total Equity	--	--	--	--	--
Non Encumbered - No. of Shares	--	--	--	--	--
Non Encumbered - % in Total Promoters Holding	--	--	--	--	--
Non Encumbered - % in Total Equity	--	--	--	--	--
PBIDTM(%)	6.02	11.90	18.80	24.80	37.50
PBDTM(%)	2.32	8.16	15	21.40	34.60
PATM(%)	(2.20)	2.24	7.26	12.10	22.50

Y/e 31 Mar ( In .Cr)	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Equity capital	301	302	301	301
Preference capital	--	--	--	--
Reserves	63,200	46,675	38,061	34,592
Net worth	63,501	46,977	38,362	34,893
Minority interest
Debt	53,186	54,962	54,710	43,706
Deferred tax liabilities (net)	10,298	8,553	1,315	10,253
Total liabilities	126,985	110,492	94,387	88,852
Fixed assets	84,245	80,984	74,683	62,215
Intangible assets
Investments	18,028	12,458	5,999	5,397
Deferred tax asset (net)	3,363	5,458	--	6,922
Net working capital	5,822	(154)	2,304	8,505
Inventories	21,028	10,692	9,623	10,815
Inventory Days	64.60	55.20	54.70	--
Sundry debtors	6,146	3,333	3,166	6,770
Debtor days	18.90	17.20	18	--
Other current assets	17,896	14,019	17,170	16,415
Sundry creditors	(11,082)	(5,907)	(9,811)	(7,009)
Creditor days	34	30.50	55.70	--
Other current liabilities	(28,166)	(22,291)	(17,844)	(18,486)
Cash	15,527	11,746	11,401	5,813
Total assets	126,985	110,492	94,387	88,852

JSWSTEEL Financial Statements