JSW Holdings Ltd

JSW Holdings Ltd

₹ 16,200 -2.26%
22 Nov 4:00 p.m.
About

JSW Holdings Ltd is a core investment company (CIC) and is primarily engaged in the business of investing and financing.[1]

Key Points

Revenue Breakup
In FY21, interest on loans accounted for ~53% revenues, followed by dividend income (39%) and pledge fees (8%).[1]

  • Market Cap 18,065 Cr.
  • Current Price 16,200
  • High / Low 20,391 / 4,909
  • Stock P/E 104
  • Book Value 28,642
  • Dividend Yield 0.00 %
  • ROCE 0.72 %
  • ROE 0.55 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.55 times its book value
  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 0.97% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
134 17 19 19 337 26 24 26 89 27 27 27 162
2 2 1 1 2 1 1 3 3 3 3 3 4
Operating Profit 133 15 18 18 335 25 23 23 86 25 24 24 158
OPM % 99% 88% 95% 93% 99% 95% 95% 89% 97% 90% 87% 88% 98%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 133 15 18 18 335 25 23 23 86 25 24 24 158
Tax % 25% 25% 26% 25% 25% 25% 25% 26% 26% 26% 18% 25% 25%
99 11 13 13 251 18 17 17 64 18 19 18 118
EPS in Rs 89.46 10.04 12.14 11.84 225.83 16.62 15.64 15.51 57.47 16.42 17.50 16.17 106.55
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
29 43 49 50 63 89 107 121 93 186 407 170 244
3 2 3 4 4 5 5 6 5 6 6 12 13
Operating Profit 26 41 46 47 59 84 102 115 88 180 401 157 231
OPM % 90% 95% 94% 93% 94% 95% 95% 95% 95% 97% 99% 93% 95%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 26 41 46 47 59 84 102 115 88 180 401 157 231
Tax % 18% 20% 21% 22% 20% 19% 14% 10% 25% 25% 25% 25%
22 33 37 37 47 68 88 104 66 135 300 119 174
EPS in Rs 19.53 29.69 33.07 32.98 42.69 61.25 79.12 93.75 59.20 121.27 269.93 106.90 156.64
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 15%
5 Years: 10%
3 Years: 22%
TTM: 47%
Compounded Profit Growth
10 Years: 14%
5 Years: 6%
3 Years: 22%
TTM: 49%
Stock Price CAGR
10 Years: 34%
5 Years: 48%
3 Years: 57%
1 Year: 227%
Return on Equity
10 Years: 1%
5 Years: 1%
3 Years: 1%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11 11 11 11 11 11 11 11 11 11 11 11 11
Reserves 680 713 750 786 834 8,103 8,168 7,052 12,496 19,660 18,982 24,463 31,780
0 0 0 0 0 0 0 0 0 0 0 0 0
2 2 2 2 2 743 718 600 1,443 2,802 2,629 3,816 4,192
Total Liabilities 693 726 763 799 847 8,858 8,897 7,663 13,950 22,473 21,622 28,290 35,983
0 0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 537 537 533 543 517 8,502 8,511 7,230 13,451 21,836 20,685 27,231 34,897
156 188 229 256 330 356 387 433 499 637 938 1,060 1,086
Total Assets 693 726 763 799 847 8,858 8,897 7,663 13,950 22,473 21,622 28,290 35,983

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
23 30 37 36 32 66 89 103 67 130 298 115
-22 -30 -38 -25 -43 -58 -87 -108 -72 -131 -298 -112
0 0 0 0 0 0 0 0 0 0 0 0
Net Cash Flow 1 -0 -1 11 -11 8 2 -4 -5 -1 1 3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 36 31 2 2 13 16 8 3 10 6 2 4
Inventory Days
Days Payable
Cash Conversion Cycle 36 31 2 2 13 16 8 3 10 6 2 4
Working Capital Days 707 71 1,224 454 74 48 36 35 42 32 14 37
ROCE % 4% 6% 6% 6% 7% 2% 1% 2% 1% 1% 2% 1%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
66.26% 66.26% 66.26% 66.28% 66.28% 66.28% 66.28% 66.28% 66.28% 66.28% 66.28% 66.28%
22.36% 22.36% 22.36% 22.38% 22.38% 22.38% 22.38% 22.37% 22.38% 21.42% 21.51% 21.71%
0.06% 0.06% 0.06% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.09% 0.11% 0.11%
11.27% 11.26% 11.26% 11.29% 11.29% 11.28% 11.28% 11.27% 11.28% 12.18% 12.09% 11.89%
0.05% 0.05% 0.05% 0.01% 0.01% 0.02% 0.02% 0.02% 0.01% 0.02% 0.02% 0.01%
No. of Shareholders 18,87619,10319,31619,68819,50719,30019,47819,67720,11621,67321,87021,931

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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