J S W Steel Ltd.

Executive Summary : Mar 2014 - Mar 2023 :

Non-Annualised : Rs. Crore
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
IGAAP IGAAP INDAS INDAS INDAS INDAS INDAS
-
Total income 49,626.48 51,006.80 41,319.87 57,330.00 68,179.00 77,592.00 65,216.00
Sales 49,295.43 50,393.31 40,499.10 56,913.00 67,538.00 76,764.00 63,395.00
Income from financial services 291.10 353.91 275.52 255.00 436.00 403.00 628.00

Change in stock 294.76 1,809.00 -1,140.92 1,534.00 -933.00 180.00 27.00

Total expenses 48,586.73 50,649.32 43,708.62 55,287.00 62,621.00 69,651.00 59,952.00

Raw materials, stores & spares 28,741.66 29,535.63 20,875.74 30,764.00 38,631.00 42,769.00 36,171.00
Power, fuel & water charges 3,313.64 3,475.67 3,093.12 4,097.00 4,771.00 6,437.00 5,533.00
Compensation to employees 799.58 946.83 953.29 1,168.00 1,260.00 1,435.00 1,496.00
Interest expenses 2,584.00 2,745.26 3,095.35 3,522.00 3,464.00 3,520.00 3,835.00
Depreciation 2,725.88 2,784.50 2,847.24 3,014.00 3,042.00 3,408.00 3,508.00

Profits
PBDITA 9,383.85 9,894.47 7,470.89 12,305.00 14,179.00 19,544.00 14,216.00
PBDITA net of P&E&OI&FI 9,057.26 9,280.98 6,650.45 12,161.00 13,930.00 18,723.00 12,504.00
Profit after tax (PAT) 1,334.51 2,166.48 -3,529.67 3,577.00 4,625.00 8,121.00 5,291.00
PAT net of P&E 1,332.48 1,961.73 -4,031.65 3,688.00 4,879.00 7,863.00 4,930.00

Total liabilities 71,676.53 77,461.02 82,192.39 89,625.00 94,094.00 1,15,583.00 1,31,289.00

Shareholders' funds 24,284.18 25,395.10 20,366.03 24,212.00 27,850.00 34,513.00 37,901.00
Paid up equity capital 241.72 241.72 239.87 240.00 241.00 240.00 240.00
Reserves and funds 23,216.99 24,657.41 20,109.35 23,797.00 27,605.00 34,592.00 38,061.00
Non-current liabilities (incl long term provns) 26,390.02 31,013.04 39,259.58 38,782.00 40,637.00 44,421.00 56,584.00
Long term borrowings 21,054.32 25,496.89 29,694.45 27,967.00 29,484.00 27,874.00 42,276.00
Current liabilities incl short term provns 21,002.33 20,723.38 21,883.78 26,068.00 24,972.00 36,038.00 36,343.00

Net worth 23,519.74 24,630.66 19,727.25 23,535.00 27,272.00 34,282.00 37,901.00

Tangible net worth 23,449.78 24,558.83 19,683.27 23,498.00 27,235.00 34,232.00 37,835.00

Total assets 71,676.53 77,461.02 82,192.39 89,625.00 94,094.00 1,15,583.00 1,31,289.00

Non-current assets 56,346.99 58,125.12 68,643.79 71,747.00 74,691.00 87,035.00 1,01,080.00
Net fixed assets 37,295.08 38,569.39 46,559.94 50,266.00 49,568.00 51,772.00 50,542.00
Long term investments 4,327.48 4,205.65 4,791.76 4,774.00 4,999.00 5,397.00 5,999.00
Current assets (incl short term invest & adv) 15,329.54 19,335.90 13,548.60 17,878.00 19,403.00 28,548.00 30,209.00

Profitability ratios (%)

Operating margin 18.37 18.42 16.42 21.37 20.63 24.39 19.72
Net profit margin 2.69 3.86 -9.88 6.45 7.17 10.17 7.61
Return on net worth 6.17 8.15 -18.18 17.05 19.21 25.55 13.66
Return on total assets 2.11 2.64 -5.08 4.32 5.35 7.54 4.01
Return on capital employed 2.98 3.74 -7.39 6.27 7.76 11.09 5.76

Liquidity ratios (times)

Current ratio 0.544 0.688 0.511 0.631 0.710 0.758 0.824
Debt to equity ratio 1.188 1.173 1.821 1.635 1.334 1.281 1.450
Interest cover 1.681 1.999 2.426 3.021 4.001 1.872

Average cost of Funds (%) 11.73 10.23 10.14 9.77 9.55 9.28 8.94

Efficiency ratios (times)

Total income / total assets 0.785 0.686 0.521 0.672 0.747 0.745 0.531
Sales /NFA excl reval 1.518 1.329 0.951 1.176 1.353 1.515 1.239
Total income / compensation to employees 62.058 53.655 42.818 48.945 54.001 53.886 43.279

SOURCE: ProwessIQ, Centre for Monitoring Indian Economy Pvt. Ltd. 1/2
 J S W Steel Ltd.
Executive Summary : Mar 2014 - Mar 2023 :
Non-Annualised : Rs. Crore
Mar 2021 Mar 2022 Mar 2023
12 mths 12 mths 12 mths
INDAS INDAS INDAS
-
Total income 71,979.00 1,21,181.00 1,33,566.00
Sales 69,964.00 1,17,277.00 1,30,288.00
Income from financial services 989.00 1,929.00 1,572.00

Change in stock 872.00 3,112.00 590.00

Total expenses 64,458.00 1,07,591.00 1,29,219.00

Raw materials, stores & spares 31,349.00 54,885.00 80,110.00
Power, fuel & water charges 5,210.00 8,930.00 13,842.00
Compensation to employees 1,501.00 1,870.00 1,975.00
Interest expenses 3,463.00 3,315.00 4,623.00
Depreciation 3,764.00 4,497.00 4,938.00

Profits
PBDITA 20,355.00 34,611.00 18,717.00
PBDITA net of P&E&OI&FI 18,542.00 30,810.00 15,584.00
Profit after tax (PAT) 8,393.00 16,702.00 4,937.00
PAT net of P&E 8,270.00 16,287.00 4,731.00

Total liabilities 1,41,742.00 1,69,879.00 1,79,396.00

Shareholders' funds 46,140.00 60,841.00 61,490.00
Paid up equity capital 241.00 240.00 240.00
Reserves and funds 46,675.00 63,200.00 63,358.00
Non-current liabilities (incl long term provns) 56,869.00 59,710.00 65,874.00
Long term borrowings 42,268.00 43,176.00 50,144.00
Current liabilities incl short term provns 37,896.00 46,668.00 49,863.00

Net worth 46,140.00 60,841.00 61,490.00

Tangible net worth 46,074.00 60,776.00 61,419.00

Total assets 1,41,742.00 1,69,879.00 1,79,396.00

Non-current assets 1,11,092.00 1,21,860.00 1,29,724.00
Net fixed assets 51,942.00 71,646.00 75,056.00
Long term investments 12,458.00 18,028.00 24,320.00
Current assets (incl short term invest & adv) 30,650.00 48,019.00 49,672.00

Profitability ratios (%)

Operating margin 26.50 26.27 11.96
Net profit margin 11.54 13.50 3.55
Return on net worth 19.68 30.45 7.73
Return on total assets 6.09 10.57 2.75
Return on capital employed 8.51 15.10 4.05

Liquidity ratios (times)

Current ratio 0.785 0.978 0.967
Debt to equity ratio 1.198 0.879 0.935
Interest cover 3.843 7.039 2.337

Average cost of Funds (%) 7.59 7.10 8.76

Efficiency ratios (times)

Total income / total assets 0.530 0.787 0.776
Sales /NFA excl reval 1.365 1.898 1.776
Total income / compensation to employees 47.738 64.526 67.451

SOURCE: ProwessIQ, Centre for Monitoring Indian Economy Pvt. Ltd. 2/2