Market Closed -
Bombay S.E.
06:00:51 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
881.4
INR
|
-0.23%
|
|
-3.04%
|
+0.12%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
704,665
|
351,731
|
1,123,928
|
1,762,464
|
1,651,666
|
2,144,206
|
-
|
-
|
Enterprise Value (EV)
1 |
979,695
|
753,581
|
1,521,788
|
2,310,924
|
2,232,896
|
2,022,334
|
2,847,325
|
2,825,113
|
P/E ratio
|
9.27
x
|
8.79
x
|
14.3
x
|
8.57
x
|
40.1
x
|
23
x
|
14.6
x
|
11.9
x
|
Yield
|
1.4%
|
1.37%
|
1.39%
|
2.37%
|
0.49%
|
0.7%
|
0.94%
|
1.08%
|
Capitalization / Revenue
|
0.83
x
|
0.48
x
|
1.41
x
|
1.2
x
|
1
x
|
1.16
x
|
1.12
x
|
1
x
|
EV / Revenue
|
1.16
x
|
1.03
x
|
1.91
x
|
1.58
x
|
1.35
x
|
1.16
x
|
1.49
x
|
1.32
x
|
EV / EBITDA
|
5.17
x
|
6.35
x
|
7.56
x
|
5.92
x
|
12
x
|
7.16
x
|
8.14
x
|
6.85
x
|
EV / FCF
|
22.1
x
|
-3,014
x
|
16
x
|
14.3
x
|
26.1
x
|
295
x
|
34.9
x
|
26.3
x
|
FCF Yield
|
4.52%
|
-0.03%
|
6.26%
|
7%
|
3.82%
|
0.34%
|
2.86%
|
3.81%
|
Price to Book
|
2.02
x
|
0.96
x
|
3.02
x
|
2.61
x
|
2.48
x
|
2.87
x
|
2.37
x
|
2.05
x
|
Nbr of stocks (in thousands)
|
2,406,232
|
2,401,711
|
2,402,326
|
2,405,766
|
2,400,504
|
2,432,590
|
-
|
-
|
Reference price
2 |
292.8
|
146.4
|
467.8
|
732.6
|
688.0
|
881.4
|
881.4
|
881.4
|
Announcement Date
|
5/24/19
|
5/22/20
|
5/21/21
|
5/27/22
|
5/19/23
|
5/17/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
847,570
|
733,260
|
798,390
|
1,463,710
|
1,659,600
|
1,750,060
|
1,909,820
|
2,139,351
|
EBITDA
1 |
189,520
|
118,730
|
201,410
|
390,070
|
185,470
|
282,360
|
350,005
|
412,384
|
EBIT
1 |
149,110
|
76,270
|
154,620
|
330,060
|
110,730
|
200,640
|
263,641
|
316,921
|
Operating Margin
|
17.59%
|
10.4%
|
19.37%
|
22.55%
|
6.67%
|
11.46%
|
13.8%
|
14.81%
|
Earnings before Tax (EBT)
1 |
111,980
|
30,130
|
120,150
|
297,450
|
56,550
|
133,800
|
193,801
|
247,602
|
Net income
1 |
76,390
|
40,300
|
79,110
|
206,650
|
22,350
|
88,120
|
143,746
|
179,828
|
Net margin
|
9.01%
|
5.5%
|
9.91%
|
14.12%
|
1.35%
|
5.04%
|
7.53%
|
8.41%
|
EPS
2 |
31.60
|
16.67
|
32.72
|
85.49
|
17.14
|
36.17
|
60.37
|
74.04
|
Free Cash Flow
1 |
44,270
|
-250
|
95,310
|
161,790
|
85,390
|
9,851
|
81,488
|
107,518
|
FCF margin
|
5.22%
|
-0.03%
|
11.94%
|
11.05%
|
5.15%
|
0.56%
|
4.27%
|
5.03%
|
FCF Conversion (EBITDA)
|
23.36%
|
-
|
47.32%
|
41.48%
|
46.04%
|
3.38%
|
23.28%
|
26.07%
|
FCF Conversion (Net income)
|
57.95%
|
-
|
120.48%
|
78.29%
|
382.06%
|
9.54%
|
56.69%
|
59.79%
|
Dividend per Share
2 |
4.100
|
2.000
|
6.500
|
17.35
|
3.400
|
6.178
|
8.328
|
9.549
|
Announcement Date
|
5/24/19
|
5/22/20
|
5/21/21
|
5/27/22
|
5/19/23
|
5/17/24
|
-
|
-
|
Fiscal Period: March |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
218,590
|
269,340
|
289,020
|
325,030
|
380,710
|
468,950
|
380,860
|
417,780
|
391,340
|
469,620
|
422,130
|
428,112
|
424,316
|
443,432
|
EBITDA
1 |
59,460
|
84,400
|
105,970
|
110,200
|
91,540
|
91,840
|
43,090
|
17,520
|
45,470
|
79,390
|
70,460
|
74,586
|
67,533
|
58,768
|
EBIT
1 |
47,160
|
71,870
|
-
|
97,810
|
73,900
|
73,690
|
25,310
|
-530
|
26,650
|
-
|
51,460
|
57,222
|
48,729
|
39,040
|
Operating Margin
|
21.57%
|
26.68%
|
-
|
30.09%
|
19.41%
|
15.71%
|
6.65%
|
-0.13%
|
6.81%
|
-
|
12.19%
|
13.37%
|
11.48%
|
8.8%
|
Earnings before Tax (EBT)
1 |
38,860
|
62,720
|
86,190
|
97,910
|
62,610
|
50,740
|
12,810
|
-8,530
|
9,780
|
42,490
|
35,140
|
38,507
|
27,832
|
22,355
|
Net income
1 |
26,810
|
41,980
|
59,040
|
71,700
|
43,570
|
32,340
|
8,380
|
-8,480
|
4,900
|
36,640
|
23,380
|
26,149
|
20,504
|
14,999
|
Net margin
|
12.26%
|
15.59%
|
20.43%
|
22.06%
|
11.44%
|
6.9%
|
2.2%
|
-2.03%
|
1.25%
|
7.8%
|
5.54%
|
6.11%
|
4.83%
|
3.38%
|
EPS
2 |
11.09
|
17.37
|
24.42
|
29.67
|
18.02
|
13.38
|
3.460
|
-3.530
|
2.030
|
-
|
9.670
|
11.02
|
9.000
|
6.100
|
Dividend per Share
|
-
|
6.500
|
-
|
-
|
-
|
17.35
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
1/22/21
|
5/21/21
|
7/23/21
|
10/21/21
|
1/21/22
|
5/27/22
|
7/22/22
|
10/21/22
|
1/20/23
|
5/19/23
|
7/21/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
275,030
|
401,850
|
397,860
|
548,460
|
581,230
|
757,873
|
703,118
|
680,907
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.451
x
|
3.385
x
|
1.975
x
|
1.406
x
|
3.134
x
|
2.603
x
|
2.009
x
|
1.651
x
|
Free Cash Flow
1 |
44,270
|
-250
|
95,310
|
161,790
|
85,390
|
9,851
|
81,488
|
107,518
|
ROE (net income / shareholders' equity)
|
24.3%
|
11.3%
|
19.1%
|
37.5%
|
5.58%
|
14.6%
|
16.5%
|
18.1%
|
ROA (Net income/ Total Assets)
|
7.38%
|
3.92%
|
5.69%
|
12.3%
|
1.82%
|
6.46%
|
7.29%
|
8.72%
|
Assets
1 |
1,034,660
|
1,028,271
|
1,391,190
|
1,675,939
|
1,227,145
|
1,598,562
|
1,970,739
|
2,062,684
|
Book Value Per Share
2 |
145.0
|
152.0
|
155.0
|
280.0
|
277.0
|
307.0
|
371.0
|
430.0
|
Cash Flow per Share
2 |
60.50
|
52.90
|
77.70
|
109.0
|
96.50
|
76.90
|
115.0
|
122.0
|
Capex
1 |
102,060
|
128,100
|
92,580
|
100,910
|
147,840
|
185,254
|
192,791
|
203,813
|
Capex / Sales
|
12.04%
|
17.47%
|
11.6%
|
6.89%
|
8.91%
|
10.62%
|
10.09%
|
9.53%
|
Announcement Date
|
5/24/19
|
5/22/20
|
5/21/21
|
5/27/22
|
5/19/23
|
5/17/24
|
-
|
-
|
Last Close Price
881.4
INR Average target price
910.1
INR Spread / Average Target +3.25% Consensus |
1st Jan change
|
Capi.
|
---|
| +0.12% | 25.69B | | +16.36% | 20.68B | | +37.43% | 12.35B | | -12.04% | 11.14B | | +7.48% | 10.52B | | +5.48% | 9.66B | | +25.53% | 8.68B | | +1.67% | 8.48B | | +38.70% | 7.83B | | -9.66% | 6.18B |
Iron, Steel Mills & Foundries
|