KEY Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15

FINANCIAL
RATIOS OF
TATA
STEEL (in
Rs. Cr.)

PER SHARE
RATIOS

Basic EPS 12.68 270.33 145 57.11 90.41 38.57 31.74 48.67 64.49
(Rs.)
Diluted EPS 12.67 270.13 144.99 57.11 90.4 38.56 31.74 48.67 64.49
(Rs.)
Cash EPS 17.12 314.76 188.08 93.04 125.08 68.9 71.92 70.35 86.85
(Rs.)
Book Value 110.27 1,026.15 787.52 650.56 614.72 536.72 511.21 725.51 686.26
[ExclRevalR
eserve]/Shar
e (Rs.)
Book Value 110.27 1,026.15 787.52 650.56 614.72 536.72 511.21 725.51 686.26
[InclRevalRe
serve]/Share
(Rs.)
Dividend / 3.6 51 25 10 13 10 10 8 8
Share(Rs.)
Revenue 105.54 1,055.50 701.82 527.3 616.08 520.16 494.06 393.35 430.15
from
Operations/S
hare (Rs.)
PBDIT/ 25.38 430.16 232.56 133.19 200.4 144.34 126.52 114.29 109.03
Share (Rs.)
PBIT/Share 20.94 385.47 186.94 98.99 167.22 111.81 90.06 94.39 88.47
(Rs.)
PBT/Share 17.2 360.7 155.24 57.68 141.58 57.92 55.15 63.07 87.59
(Rs.)
Net 12.68 270.06 142.46 58.84 91.9 36.38 35.46 50.45 66.29
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
PBDIT 24.05 40.75 33.13 25.25 32.52 27.74 25.6 29.05 25.34
Margin (%)
PBIT Margin 19.83 36.51 26.63 18.77 27.14 21.49 18.22 23.99 20.56
(%)
PBT Margin 16.29 34.17 22.11 10.93 22.98 11.13 11.16 16.03 20.36
(%)
Net Profit 12.01 25.58 20.29 11.15 14.91 6.99 7.17 12.82 15.41
Margin (%)
Return on 11.49 26.31 18.08 9.04 14.95 6.77 6.93 6.95 9.65
Networth /
Equity (%)
Return on 13.66 27.99 14.89 9.49 17.12 12.87 9.89 8.97 6.5
Capital
Employed
(%)
Return on 6.62 14.87 9.46 4.48 7.66 3.33 3.09 3.97 5.56
Assets (%)
Total 0.28 0.26 0.34 0.53 0.38 0.41 0.56 0.41 0.36
Debt/Equity
(X)
Asset 0.57 0.64 0.51 40.18 51.35 47.64 43.05 31.01 36.12
Turnover
Ratio (%)
LIQUIDITY
RATIOS
Current 0.73 0.58 0.97 0.65 0.67 1.35 0.87 0.68 0.71
Ratio (X)
Quick Ratio 0.28 0.21 0.55 0.3 0.23 0.92 0.43 0.35 0.23
(X)
Inventory 2.65 2.15 1.76 5.64 6.27 5.41 4.69 5.39 5.2
Turnover
Ratio (X)
Dividend 40.22 9.1 6.7 22.08 10.87 29.67 30.28 15.85 12.06
Payout Ratio
(NP) (%)

Dividend 29.78 7.81 5.08 13.96 7.99 15.66 14.93 11.36 9.2
Payout Ratio
(CP) (%)

Earnings 59.78 90.9 93.3 77.92 89.13 70.33 69.72 84.15 87.94
Retention
Ratio (%)
Cash 70.22 92.19 94.92 86.04 92.01 84.34 85.07 88.64 90.8
Earnings
Retention
Ratio (%)
VALUATIO
N RATIOS
Enterprise 164,842.48 189,190.05 127,468.13 68,929.22 85,636.83 85,974.08 73,848.83 58,740.67 54,235.79
Value (Cr.)
EV/Net 1.28 1.47 1.52 1.14 1.21 1.44 1.54 1.54 1.3
Operating
Revenue (X)
EV/EBITDA 5.31 3.6 4.57 4.52 3.73 5.2 6.01 5.29 5.12
(X)
MarketCap/ 0.99 1.24 1.16 0.51 0.85 1.1 0.98 0.81 0.74
Net
Operating
Revenue (X)
Retention 59.77 90.89 93.29 77.91 89.12 70.32 69.71 84.14 87.93
Ratios (%)
Price/BV (X) 0.95 1.27 1.03 0.41 0.85 1.06 0.94 0.44 0.46
Price/Net 0.99 1.24 1.16 0.51 0.85 1.1 0.98 0.81 0.74
Operating
Revenue
Earnings 0.12 0.21 0.18 0.22 0.18 0.06 0.07 0.16 0.21
Yield

Source : Dio
n Global
Solutions
Limited
Mar-14

64.21

64.21

85.86

629.48

629.48

10

429.39

140.05

120.19

99.99

66.01

32.61

27.99

23.28

15.37

10.48

6.95

5.77

0.39 0.73

37.56 0.58

0.97
 0.61 0.65

0.29 0.67

6.94 1.35

15.14 0.87

11.64 0.68

84.86 0.71

88.36 0.61

61,149.60

1.47

4.49

0.92

84.85

0.63
0.92

0.17
 2014 2015 2016 2017 2018 2019 2020 2021
0.61 0.71 0.68 0.87 1.35 0.67 0.65 0.97
TAT STEEL
0.95 0.83 0.63 0.55 0.68 0.78 0.91 0.78
SAIL
0.73 0.93 0.62 0.68 0.76 73.75 55.62 53.82
JSW
0.76 0.88 0.58 0.61 0.62 0.58 0.74 1.33
JINDAL STEEL
1.47 1.36 1.52 1.29 1.23 1.64 1.53 2.33
WELSPUN STEEL
0.63 0.66 0.54 0.54 0.50 1.42 1.28 1.46
USHA MARTIN
0.98 0.88 0.85 1.81 1.76 1.84 1.99 2.42
GODAWARI
0.39 0.42 0.52 0.68 0.47 0.46 0.43 0.57
VEDANTA
1.33 1.35 1.54 1.48 1.64 1.51 1.56 2.06
SUNFLAG IRON AND STEEL
JTL Industries 1.44 1.62 2.02 1.94 1.41 1.45 1.51 1.81
2022 2023 AVG STD
0.58 0.73
0.78 0.22
0.85 0.86
0.78 0.12
0.76 0.71
18.84 28.08
1.12 0.94
0.82 0.24
1.59 1.27
1.52 0.30
2.10 2.26
1.14 0.63
2.06 2.76
1.74 0.62
0.68 0.61
0.52 0.10
1.53 1.56
1.56 0.19
2 3.29 1.85 0.53
KEY Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16
FINANCIAL
RATIOS OF
STEEL
AUTHORIT
Y OF
INDIA (in
Rs. Cr.)

PER
SHARE
RATIOS
Basic EPS 4.61 29.09 9.32 4.89 5.27 -1.17 -6.86 -9.74
(Rs.)
Diluted EPS 4.61 29.09 9.32 4.89 5.27 -1.17 -6.86 -9.74
(Rs.)
Cash EPS 16.62 39.44 19.25 13.99 13.47 6.25 -0.37 -3.92
(Rs.)
Book Value 126.23 125.93 105.3 96.3 92.36 86.46 87.18 94.89
[ExclRevalR
eserve]/Shar
e (Rs.)
Book Value 126.23 125.93 105.3 96.3 92.36 86.46 87.18 94.89
[InclRevalRe
serve]/Share
(Rs.)
Dividend / 1.5 8.75 2.8 0 0.5 0 0 0
Share(Rs.)
Revenue 252.87 250.51 167.32 149.28 162.13 139.35 107.62 94.54
from
Operations/
Share (Rs.)
PBDIT/ 22.71 54.14 33.26 27.08 24.86 12.35 1.39 -5.58
Share (Rs.)
PBIT/Share 10.69 43.8 23.33 17.99 16.66 4.93 -5.1 -11.4
(Rs.)
PBT/Share 6.38 38.83 16.65 7.68 8.08 -1.84 -11.74 -16.97
(Rs.)
Net 4.61 29.09 9.32 4.89 5.27 -1.17 -6.86 -9.74
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
PBDIT 8.97 21.61 19.88 18.13 15.33 8.86 1.29 -5.9
Margin (%)
PBIT Margin 4.22 17.48 13.94 12.04 10.27 3.53 -4.73 -12.05
(%)
PBT Margin 2.52 15.5 9.95 5.14 4.98 -1.31 -10.91 -17.94
(%)
Net Profit 1.82 11.61 5.57 3.27 3.25 -0.83 -6.37 -10.29
Margin (%)
Return on 3.64 23.09 8.85 5.08 5.71 -1.34 -7.86 -10.25
Networth /
Equity (%)
Return on 5.63 23.06 13.63 9.26 9.19 2.87 -3.49 -7.63
Capital
Employed
(%)
Return on 1.49 10.2 3.28 1.61 1.87 -0.42 -2.65 -4
Assets (%)
Total 0.49 0.26 0.82 1.29 1.09 1.18 1.08 0.84
Debt/Equity
(X)
Asset 0.85 0.88 58.98 49.28 57.51 50.4 41.72 38.91
Turnover
Ratio (%)
LIQUIDITY
RATIOS
Current 0.86 0.85 0.78 0.91 0.78 0.68 0.55 0.63
Ratio (X)
Quick Ratio 0.2 0.23 0.36 0.38 0.31 0.29 0.21 0.25
(X)
Inventory 2.2 1.96 3.54 2.6 3.44 3.39 2.83 2.66
Turnover
Ratio (X)
Dividend 70.53 28.53 0 0 0 0 0 -2.56
Payout Ratio
(NP) (%)

Dividend 19.55 21.04 0 0 0 0 0 -6.37

Payout Ratio
(CP) (%)

Earnings 29.47 71.47 0 0 0 0 0 102.56

Retention
Ratio (%)
Cash 80.45 78.96 0 0 0 0 0 106.37
Earnings
Retention
Ratio (%)
VALUATIO
N RATIOS
Enterprise 59,538.97 53,444.19 67,464.91 60,358.43 63,395.41 70,763.74 63,890.27 50,533.89
Value (Cr.)
EV/Net 0.57 0.52 0.98 0.98 0.95 1.23 1.44 1.29
Operating
Revenue (X)
EV/EBITDA 6.35 2.39 4.91 5.4 6.17 13.87 111.38 -21.93
(X)
MarketCap/ 0.33 0.39 0.47 0.15 0.33 0.5 0.57 0.45
Net
Operating
Revenue (X)
Retention 29.46 71.46 0 0 0 0 0 102.56
Ratios (%)
Price/BV (X) 0.66 0.78 0.75 0.24 0.58 0.81 0.7 0.45
Price/Net 0.33 0.39 0.47 0.15 0.33 0.5 0.57 0.45
Operating
Revenue
Earnings 0.06 0.3 0.12 0.21 0.1 -0.02 -0.11 -0.23
Yield
Mar-15 Mar-14 KEY Mar-23
FINANCIAL
RATIOS OF
STEEL
AUTHORIT
Y OF
INDIA (in
Rs. Cr.)

PER
SHARE
RATIOS
5.07 6.33 Basic EPS 4.61
(Rs.)
5.07 6.33 Diluted EPS 4.61
(Rs.)
9.36 10.49 Cash EPS 16.62
(Rs.)
105.32 103.3 Book Value 126.23
[ExclRevalR
eserve]/Shar
e (Rs.)
105.32 103.3 Book Value 126.23
[InclRevalRe
serve]/Share
(Rs.)
2 2.02 Dividend / 1.5
Share(Rs.)
110.67 113.06 Revenue 252.87
from
Operations/
Share (Rs.)
13.74 11.62 PBDIT/ 22.71
Share (Rs.)
9.45 7.46 PBIT/Share 10.69
(Rs.)
5.92 7.44 PBT/Share 6.38
(Rs.)
5.07 6.33 Net 4.61
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
12.41 10.27 PBDIT 8.97
Margin (%)
8.53 6.6 PBIT Margin 4.22
(%)
5.35 6.58 PBT Margin 2.52
(%)
4.57 5.6 Net Profit 1.82
Margin (%)
4.81 6.13 Return on 3.64
Networth /
Equity (%)
6.01 4.84 Return on 5.63
Capital
Employed
(%)
2.1 2.84 Return on 1.49
Assets (%)
0.65 0.57 Total 0.49
Debt/Equity
(X)
 46.02 50.78 Asset 0.85
Turnover
Ratio (%)
LIQUIDITY
RATIOS
0.83 0.95 Current 0.86
Ratio (X)
0.31 0.41 Quick Ratio 0.2
(X)
2.58 3.07 Inventory 2.2
Turnover
Ratio (X)
39.47 31.88 Dividend 70.53
Payout Ratio
(NP) (%)

21.36 19.25 Dividend 19.55

Payout Ratio
(CP) (%)

60.53 68.12 Earnings 29.47

Retention
Ratio (%)
78.64 80.75 Cash 80.45
Earnings
Retention
Ratio (%)
VALUATIO
N RATIOS
54,147.65 50,902.73 Enterprise 59,538.97
Value (Cr.)
1.18 1.09 EV/Net 0.57
Operating
Revenue (X)
9.54 10.61 EV/EBITDA 6.35
(X)
0.62 0.63 MarketCap/ 0.33
Net
Operating
Revenue (X)
60.52 68.11 Retention 29.46
Ratios (%)
0.65 0.69 Price/BV (X) 0.66
0.62 0.63 Price/Net 0.33
Operating
Revenue
0.07 0.09 Earnings 0.06
Yield
Mar-22 Mar-21 Mar-20 Mar-19

29.09 9.32 4.89 5.27

29.09 9.32 4.89 5.27

39.44 19.25 13.99 13.47

125.93 105.3 96.3 92.36

125.93 105.3 96.3 92.36

8.75 2.8 0 0.5

250.51 167.32 149.28 162.13

54.14 33.26 27.08 24.86

43.8 23.33 17.99 16.66

38.83 16.65 7.68 8.08

29.09 9.32 4.89 5.27

21.61 19.88 18.13 15.33

17.48 13.94 12.04 10.27

15.5 9.95 5.14 4.98

11.61 5.57 3.27 3.25

23.09 8.85 5.08 5.71

23.06 13.63 9.26 9.19

10.2 3.28 1.61 1.87

0.26 0.82 1.29 1.09

 0.88 58.98 49.28 57.51

0.85 0.78 0.91 0.78

0.23 0.36 0.38 0.31

1.96 3.54 2.6 3.44

28.53 0 0 0

21.04 0 0 0

71.47 0 0 0

78.96 0 0 0

53,444.19 67,464.91 60,358.43 63,395.41

0.52 0.98 0.98 0.95

2.39 4.91 5.4 6.17

0.39 0.47 0.15 0.33

71.46 0 0 0

0.78 0.75 0.24 0.58

0.39 0.47 0.15 0.33

0.3 0.12 0.21 0.1

KEY Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15
FINANCIAL
RATIOS OF
VEDANTA (i
n Rs. Cr.)
PER
SHARE
RATIOS
Basic EPS 73.54 46.36 28.23 -18.1 13.65 19.47 29.04 -32.76 6.5
(Rs.)
Diluted EPS 73.54 46.36 28.23 -18.1 13.08 19.47 29.04 -32.76 6.5
(Rs.)
Cash EPS 83.38 54.27 35.01 -9.32 22.36 27.15 37.78 -25.7 9.91
(Rs.)
Book Value 182.29 208.73 206.42 187.89 209.35 213.21 214.43 266.99 114.87
[ExclRevalR
eserve]/Shar
e (Rs.)
Book Value 182.29 208.73 206.42 187.89 209.35 213.21 214.43 266.99 114.87
[InclRevalRe
serve]/Share
(Rs.)
Dividend / 101.5 45 9.5 3.9 18.85 21.2 19.45 3.5 4.1
Share(Rs.)
Revenue 183.01 170.1 100.65 96.39 103.88 122.38 98.56 114.99 109.62
from
Operations/
Share (Rs.)
PBDIT/ 82.53 69.96 52.71 23.38 31.24 28.38 43.97 53.01 22.39
Share (Rs.)
PBIT/Share 72.69 62.04 45.94 14.6 22.53 20.74 35.94 38.55 18.97
(Rs.)
PBT/Share 72.61 52.73 36.73 -28.13 13.3 24.8 29.03 -59.9 6.64
(Rs.)
Net 73.54 46.36 28.23 -18.1 13.64 19.51 29.76 -40.16 6.5
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
PBDIT 45.09 41.12 52.37 24.25 30.07 23.19 44.61 46.09 20.42
Margin (%)
PBIT Margin 39.71 36.47 45.64 15.15 21.68 16.95 36.46 33.52 17.3
(%)
PBT Margin 39.67 31 36.49 -29.17 12.8 20.26 29.45 -52.08 6.05
(%)
Net Profit 40.18 27.25 28.05 -18.77 13.13 15.93 30.19 -34.92 5.92
Margin (%)
Return on 40.34 22.2 13.67 -9.63 6.51 9.14 13.87 -15.04 5.65
Networth /
Equity (%)
Return on 25.94 21.9 16.83 5.68 8.2 7.91 12.31 -10.44 3.43
Capital
Employed
(%)
Return on 17.22 11.57 7.62 -4.82 3.36 4.93 6.66 -6.51 2.45
Assets (%)
Total 0.62 0.47 0.37 0.57 0.48 0.38 0.46 0.39 1.02
Debt/Equity
(X)
Asset 0.44 0.44 27.18 25.71 25.61 30.93 22.06 18.66 41.38
Turnover
Ratio (%)
LIQUIDITY
RATIOS
Current 0.61 0.68 0.57 0.43 0.46 0.47 0.68 0.52 0.42
Ratio (X)
Quick Ratio 0.46 0.49 0.42 0.3 0.31 0.3 0.59 0.44 0.18
(X)
Inventory 3.29 3.36 6.74 6.3 5.05 5.59 6.62 6.52 5.97
Turnover
Ratio (X)
Dividend 137.34 96.77 33.5 -25.19 138.02 108.61 66.58 -17.09 63.07
Payout Ratio
(NP) (%)

Dividend 121.13 82.65 27.02 -48.9 84.21 78.04 52.43 -26.71 41.36
Payout Ratio
(CP) (%)

Earnings -37.34 3.23 66.5 125.19 -38.02 -8.61 33.42 117.09 36.93
Retention
Ratio (%)
Cash -21.13 17.35 72.98 148.9 15.79 21.96 47.57 126.71 58.64
Earnings
Retention
Ratio (%)
VALUATIO
N RATIOS
Enterprise 138,746.40 179,631.40 108,803.80 61,471.00 102,165.00 135,063.60 137,331.40 55,383.20 90,592.14
Value (Cr.)
EV/Net 2.04 2.84 2.91 1.71 2.64 2.97 3.75 1.62 2.79
Operating
Revenue (X)
EV/EBITDA 4.52 6.9 5.55 7.07 8.79 12.79 8.4 3.52 13.65
(X)
MarketCap/ 1.5 2.37 2.27 0.67 1.77 2.27 2.79 0.78 1.73
Net
Operating
Revenue (X)
Retention -37.34 3.22 66.49 125.19 -38.02 -8.61 33.41 117.09 36.92
Ratios (%)
Price/BV (X) 1.51 1.93 1.11 0.34 0.88 1.31 1.28 0.34 1.65
Price/Net 1.5 2.37 2.27 0.67 1.77 2.27 2.79 0.78 1.73
Operating
Revenue
Earnings 0.27 0.11 0.12 -0.28 0.07 0.07 0.11 -0.45 0.03
Yield
Mar-14

3.67

3.67

8.7

113.59

113.59

3.25

96.24

13.93

8.85

-3.61

3.63

14.46

9.19

-3.75

3.77

3.19

1.97

1.28

34.17
 0.39

0.19

5.03

89.54

37.33

10.46

62.67

87,385.13

3.06

21.16

1.95

10.45

1.65
1.95

0.02
STD AVG 2023 2022 2021 2020 2019 2018 2017 2016
0.57 0.64
0.16479825 0.41206667 0.0051 0.4018 0.5135 0.4764 0.4305 0.3101
0.85 0.88
0.16036041 0.57313333 0.5898 0.4928 0.5751 0.504 0.4172 0.3891
0.012 0.0104
0.31811403 0.28645556 0.0111 0.0145 0.0103 0.7594 0.6458 0.4993
0.72 0.69
0.17248485 0.42573333 0.4818 0.4454 0.4805 0.284 0.2304 0.2095
0.0104 0.91
0.33756924 0.63695556 0.0105 0.8734 0.9406 0.9472 0.6906 0.642
0.0131 0.0121
0.30519163 0.43095556 0.9122 0.9472 0.2811 0.2159 0.4804 0.4996
0.0118 1.43
0.42214018 0.71281111 0.0134 1.056 1.0795 0.8228 0.6472 0.5897
0.44 0.44
0.08708301 0.31058889 0.2718 0.2571 0.2561 0.3093 0.2206 0.1866
0.87 0.99
0.22456961 1.0857 0.7946 0.7342 1.2643 1.3292 1.1033 1.3666

0.51 40.18 51.35 47.64 43.05 31.01 36.12 37.56

58.98 49.28 57.51 50.4 41.72 38.91 46.02 50.78
1.11 1.45 1.03 75.94 64.58 49.93 61.53 66.19
48.18 44.54 48.05 28.4 23.04 20.95 29 31.51
1.05 87.34 94.06 94.72 69.06 64.2 70.79 81.14
91.22 94.72 28.11 21.59 48.04 49.96 51.7 42.85
1.34 105.6 107.95 82.28 64.72 58.97 76.49 68.8
27.18 25.71 25.61 30.93 22.06 18.66 41.38 34.17
79.46 73.42 126.43 132.92 110.33 136.66 131.91 121.61
 2015 2014
0.3612 0.3756 TAT STEEL
0.4602 0.5078 SAIL
0.6153 0.6619 JSW
0.29 0.3151 JINDAL STEEL
0.7079 0.8114 WELSPUN STEEL
0.517 0.4285 USHA MARTIN
0.7649 0.688 GODAWARI
0.4138 0.3417 VEDAMTA
1.3191 1.2161 SUNFLAG IRON AND STEEL
KEY FINANCIAL Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16
RATIOS OF
GODAWARI
POWER & ISPAT (in
Rs. Cr.)
PER SHARE
RATIOS

Basic EPS (Rs.) 58.5 99.01 177.59 34.45 60.52 51.64 -23.64 -19.35

Diluted EPS (Rs.) 58.5 99.01 177.59 34.45 60.52 51.64 -23.64 -19.35

Cash EPS (Rs.) 67.08 106.47 211.73 62.44 89.05 79.57 0.22 2.32

Book Value 275.73 226.74 529.44 350.98 315.88 254.27 200.72 231.06
[ExclRevalReserve]/
Share (Rs.)

Book Value 275.73 226.74 529.44 350.98 315.88 254.27 200.72 231.06
[InclRevalReserve]/S
hare (Rs.)

Dividend / Share(Rs.) 4 11 18.5 0 0 0 0 0

Revenue from 387.32 371.92 1,067.35 813.23 842.88 623.22 453.23 469.8
Operations/Share
(Rs.)
PBDIT/Share (Rs.) 88.52 131.87 307.58 129.84 182.53 129.13 51.85 46.18
PBIT/Share (Rs.) 79.94 124.41 279.3 102.99 156 102.9 28.93 24.51
PBT/Share (Rs.) 78.98 130.38 265.52 57.94 102.6 47.1 -22.87 -25.71
Net Profit/Share (Rs.) 58.5 99.01 183.45 35.59 62.52 53.34 -22.7 -19.35

PROFITABILITY
RATIOS
PBDIT Margin (%) 22.85 35.45 28.81 15.96 21.65 20.71 11.44 9.82
PBIT Margin (%) 20.63 33.45 26.16 12.66 18.5 16.51 6.38 5.21
PBT Margin (%) 20.39 35.05 24.87 7.12 12.17 7.55 -5.04 -5.47
Net Profit Margin (%) 15.1 26.62 17.18 4.37 7.41 8.55 -5 -4.11

Return on Networth / 21.21 43.66 34.64 10.14 19.79 20.97 -11.31 -8.37
Equity (%)
Return on Capital 27.48 51.74 39.77 15.58 24.1 8.41 -3.77 -3.85
Employed (%)
Return on Assets (%) 17.11 31.55 22.34 4.62 8 7.04 -3.24 -2.42

Total Debt/Equity (X) 0.04 0.13 0.27 0.96 1.16 1.63 2.24 1.48
Asset Turnover Ratio 1.18 1.43 1.34 105.6 107.95 82.28 64.72 58.97
(%)
LIQUIDITY RATIOS
Current Ratio (X) 2.76 2.06 2.42 1.99 1.84 1.76 1.81 0.85
Quick Ratio (X) 1.8 1.31 1.19 0.8 0.61 0.85 1.01 0.43
Inventory Turnover 3.91 3.44 3.55 6.22 5.15 5.54 5.72 3.85
Ratio (X)
Dividend Payout 15 4.82 0 0 0 0 0 0
Ratio (NP) (%)
Dividend Payout 13.09 4.48 0 0 0 0 0 0
Ratio (CP) (%)
Earnings Retention 85 95.18 0 0 0 0 0 0
Ratio (%)
Cash Earnings 86.91 95.52 0 0 0 0 0 0
Retention Ratio (%)
VALUATION
RATIOS
Enterprise Value 4,249.67 5,119.75 2,893.08 1,492.41 2,006.04 2,848.04 1,894.22 1,222.84
(Cr.)
EV/Net Operating 0.8 1.01 0.79 0.54 0.7 1.34 1.23 0.79
Revenue (X)
EV/EBITDA (X) 3.52 2.85 2.76 3.37 3.22 6.47 10.71 8.08
MarketCap/Net 0.9 1.04 0.67 0.13 0.27 0.69 0.26 0.11
Operating Revenue
(X)
Retention Ratios (%) 84.99 95.17 0 0 0 0 0 0

Price/BV (X) 1.26 1.7 1.36 0.3 0.73 1.7 0.58 0.23
Price/Net Operating 0.9 1.04 0.67 0.13 0.27 0.69 0.26 0.11
Revenue
Earnings Yield 0.17 0.26 0.26 0.34 0.27 0.12 -0.19 -0.36
Mar-15 Mar-14

18.96 17.08

18.96 17.08

39.06 37.43

250.41 233.34

250.41 233.34

1 2.5

590.74 470.42

85.42 72.17
65.33 51.81
21.1 16.85
18.96 17.08

14.46 15.34
11.05 11.01
3.57 3.58
3.2 3.63

7.57 7.31

3.73 3.48

2.45 2.49

1.26 1.4
76.49 68.8

0.88 0.98
0.51 0.54
6.09 5.42

5.27 14.63

2.56 6.67

94.73 85.37

97.44 93.33
1,309.98 1,317.78

0.68 0.86

4.68 5.57
0.16 0.17

94.72 85.36

0.38 0.35
0.16 0.17

0.2 0.21
KEY Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15
FINANCIAL
RATIOS OF
SUNFLAG
IRON AND
STEEL
COMPANY (
in Rs. Cr.)

PER
SHARE
RATIOS
Basic EPS 61.83 12.01 7.41 5.14 6.35 7.14 3.62 3.18 1.42
(Rs.)
Diluted EPS 61.83 12.01 7.41 5.14 6.35 7.14 3.62 3.18 1.42
(Rs.)
Cash EPS 66.31 16.24 11.3 7.7 8.24 9.03 5.46 6.05 4.19
(Rs.)
Book Value 184.69 96.34 84.38 76.94 52.18 46.44 39.3 35.56 32.38
[ExclRevalR
eserve]/Shar
e (Rs.)
Book Value 184.69 96.34 84.38 76.94 52.18 46.44 39.3 35.56 32.38
[InclRevalRe
serve]/Share
(Rs.)
Dividend / 0 0 0 0 0.5 0.5 0 0 0
Share(Rs.)
Revenue 193.56 149.72 104.96 97.55 123.71 115.11 84.14 92.18 97.47
from
Operations/
Share (Rs.)
PBDIT/ 25.13 22.35 14.29 10.16 13.81 14.08 8.5 10.96 9.73
Share (Rs.)
PBIT/Share 20.65 18.12 10.39 7.6 11.71 12.19 6.66 8.09 6.89
(Rs.)
PBT/Share 82.34 15.77 8.8 5.23 9.56 10.22 4.71 4.73 2.88
(Rs.)
Net 61.83 12.01 7.41 5.14 6.14 7.14 3.62 3.18 1.35
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
PBDIT 12.98 14.92 13.61 10.41 11.16 12.23 10.1 11.89 9.97
Margin (%)
PBIT Margin 10.66 12.1 9.9 7.79 9.46 10.58 7.91 8.77 7.06
(%)
PBT Margin 42.53 10.53 8.38 5.36 7.72 8.87 5.59 5.12 2.95
(%)
Net Profit 31.94 8.01 7.05 5.26 4.96 6.2 4.29 3.45 1.38
Margin (%)
Return on 33.47 12.46 8.77 6.67 11.75 15.37 9.2 8.94 4.18
Networth /
Equity (%)
Return on 9.22 14.9 9.67 7.62 18.85 21.1 13.95 7.15 3.03
Capital
Employed
(%)
Return on 22.63 7.05 5.6 3.86 6.27 8.24 4.74 4.71 1.83
Assets (%)
Total 0.16 0.3 0.11 0.19 0.33 0.36 0.44 0.28 0.58
Debt/Equity
(X)
Asset 0.87 0.99 79.46 73.42 126.43 132.92 110.33 136.66 131.91
Turnover
Ratio (%)
LIQUIDITY
RATIOS
Current 1.56 1.53 2.06 1.56 1.51 1.64 1.48 1.54 1.35
Ratio (X)
Quick Ratio 0.59 0.58 0.84 0.62 0.66 0.81 0.72 0.78 0.61
(X)
Inventory 2.65 2.77 3.48 3.12 4.04 4.79 3.87 5.28 4.46
Turnover
Ratio (X)
Dividend 0 0 0 11.73 9.82 0 0 0 0
Payout Ratio
(NP) (%)

Dividend 0 0 0 7.82 7.31 0 0 0 0

Payout Ratio
(CP) (%)

Earnings 0 0 0 88.27 90.18 0 0 0 100

Retention
Ratio (%)
Cash 0 0 0 92.18 92.69 0 0 0 100
Earnings
Retention
Ratio (%)
VALUATIO
N RATIOS
Enterprise 3,092.09 1,593.66 1,220.37 646.94 1,136.63 1,605.91 896.29 477.3 706.29
Value (Cr.)
EV/Net 0.89 0.59 0.65 0.37 0.51 0.77 0.59 0.29 0.4
Operating
Revenue (X)
EV/EBITDA 6.83 3.96 4.74 3.53 4.57 6.33 5.85 2.42 4.03
(X)
MarketCap/ 0.76 0.42 0.6 0.25 0.39 0.65 0.44 0.22 0.24
Net
Operating
Revenue (X)
Retention 0 0 0 88.26 90.17 0 0 0 100
Ratios (%)
Price/BV (X) 0.8 0.65 0.74 0.31 0.94 1.62 0.94 0.56 0.73
Price/Net 0.76 0.42 0.6 0.25 0.39 0.65 0.44 0.22 0.24
Operating
Revenue
Earnings 0.42 0.19 0.12 0.21 0.13 0.09 0.1 0.16 0.06
Yield

Source : Dio
n Global
Solutions
Limited
Mar-14

1.34

1.34

5.11

31.03

31.03

97.74

9.4

5.63

1.13

1.34

9.61

5.75

1.15

1.36

4.3

2.71

1.66

0.78

121.61
 1.33

0.68

4.79

100

100

687.29

0.43

4.51

0.22

100

0.69
0.22

0.06
KEY Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15
FINANCIAL
RATIOS OF
USHA
MARTIN (in
Rs. Cr.)

PER
SHARE
RATIOS
Basic EPS 7.01 6.94 3.3 12.98 1.93 -9.27 -11.65 -13.77 -9.6
(Rs.)
Diluted EPS 7.01 6.94 3.3 12.98 1.93 -9.27 -11.65 -13.77 -9.6
(Rs.)
Cash EPS 7.87 7.95 4.29 13.86 2.85 -8.3 -2.83 -4.79 2.97
(Rs.)
Book Value 35.35 30.37 23.39 20.15 7.56 5.68 14.92 26.6 39.18
[ExclRevalR
eserve]/Shar
e (Rs.)
Book Value 35.35 30.37 23.39 20.15 7.56 5.68 14.92 26.6 39.18
[InclRevalRe
serve]/Share
(Rs.)
Dividend / 2.5 2 0 0 0 0 0 0 0
Share(Rs.)
Revenue 66.85 59.27 44.06 45.6 55.35 45.4 106.3 112.37 122.66
from
Operations/
Share (Rs.)
PBDIT/ 10.76 9.33 6.73 6.57 9.24 7.43 15.15 10.65 21.17
Share (Rs.)
PBIT/Share 9.89 8.3 5.73 5.66 8.32 6.48 6.35 1.71 8.62
(Rs.)
PBT/Share 9.4 8.3 4.27 3.76 5.37 3.97 -11.62 -15.68 -11.27
(Rs.)
Net 7 6.92 3.29 12.95 1.93 -9.24 -11.62 -13.74 -9.57
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
PBDIT 16.09 15.73 15.27 14.4 16.7 16.35 14.25 9.48 17.25
Margin (%)
PBIT Margin 14.8 14 12.99 12.4 15.03 14.26 5.97 1.52 7.03
(%)
PBT Margin 14.06 14 9.68 8.23 9.7 8.75 -10.93 -13.95 -9.18
(%)
Net Profit 10.46 11.67 7.47 28.39 3.49 -20.36 -10.93 -12.22 -7.8
Margin (%)
Return on 19.79 22.78 14.07 64.25 25.54 -162.68 -77.88 -51.64 -24.44
Networth /
Equity (%)
Return on 24.01 22.69 18.05 18.59 10.04 6.76 5.92 -11.25 -7.24
Capital
Employed
(%)
Return on 13.28 13.98 6.81 26.89 0.98 -4.39 -5.25 -6.1 -4.03
Assets (%)
Total 0.16 0.18 0.33 0.51 12.7 20.06 7.78 4.6 2.8
Debt/Equity
(X)
Asset 1.31 1.21 91.22 94.72 28.11 21.59 48.04 49.96 51.7
Turnover
Ratio (%)
LIQUIDITY
RATIOS
Current 2.26 2.1 1.46 1.28 1.42 0.5 0.54 0.54 0.66
Ratio (X)
Quick Ratio 1.21 1.35 0.96 0.85 1.35 0.25 0.25 0.23 0.25
(X)
Inventory 3.68 3.88 5.28 6.08 6.96 1.59 3.22 3.51 2.84
Turnover
Ratio (X)
Dividend 28.52 0 0 0 0 0 0 0 0
Payout Ratio
(NP) (%)

Dividend 25.37 0 0 0 0 0 0 0 0
Payout Ratio
(CP) (%)

Earnings 71.48 0 0 0 0 0 0 0 0
Retention
Ratio (%)
Cash 74.63 0 0 0 0 0 0 0 0
Earnings
Retention
Ratio (%)
VALUATIO
N RATIOS
Enterprise 6,660.00 4,170.46 1,238.34 798.19 4,129.19 4,016.94 4,075.06 4,079.91 4,005.16
Value (Cr.)
EV/Net 3.26 2.3 0.92 0.57 2.44 2.9 1.26 1.19 1.07
Operating
Revenue (X)
EV/EBITDA 20.26 14.64 6.03 3.98 14.63 17.71 8.81 12.54 6.2
(X)
MarketCap/ 3.2 2.27 0.75 0.35 0.73 0.4 0.16 0.1 0.19
Net
Operating
Revenue (X)
Retention 71.47 0 0 0 0 0 0 0 0
Ratios (%)
Price/BV (X) 6.06 4.43 1.42 0.79 5.33 3.22 1.17 0.43 0.58
Price/Net 3.2 2.27 0.75 0.35 0.73 0.4 0.16 0.1 0.19
Operating
Revenue
Earnings 0.03 0.05 0.1 0.81 0.05 -0.51 -0.67 -1.2 -0.42
Yield
Mar-14

-0.84

-0.84

9.1

49.86

49.86

107.63

22.69

12.75

-1.21

-0.84

21.07

11.84

-1.12

-0.78

-1.68

-0.56

-0.33

2.11

42.85
 0.63

0.26

2.82

4,134.46

1.26

5.97

0.33

0.7
0.33

-0.02
KEY Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15
FINANCIAL
RATIOS OF
WELSPUN
CORP (in
Rs. Cr.)

PER
SHARE
RATIOS
Basic EPS 20.23 18.61 39.02 10.18 -10.45 4.74 6.58 -3.54 -0.6
(Rs.)
Diluted EPS 20.17 18.57 38.92 10.15 -10.45 4.74 6.58 -3.54 -0.6
(Rs.)
Cash EPS 24.38 23.03 43.23 15.01 -6.19 13.7 15.79 5.81 8.63
(Rs.)
Book Value 132.76 117.05 103.72 59.81 61.72 72.23 68.23 69.2 71.03
[ExclRevalR
eserve]/Shar
e (Rs.)
Book Value 132.76 117.05 103.72 59.81 61.72 72.23 68.23 69.2 71.03
[InclRevalRe
serve]/Share
(Rs.)
Dividend / 5 5 5 10.5 0.5 0.5 0.5 0.5 0.5
Share(Rs.)
Revenue 264.46 202.64 202.59 163.04 155.96 196.63 163.85 142.72 188.05
from
Operations/
Share (Rs.)
PBDIT/ 36.9 30.16 56.65 26.33 2.16 21.84 26.97 11.53 16.34
Share (Rs.)
PBIT/Share 32.73 25.74 52.45 21.6 -2.1 12.88 17.76 2.2 7.12
(Rs.)
PBT/Share 27.03 22.8 50.23 17.33 -6.55 7.38 9.95 -5.07 -0.97
(Rs.)
Net 20.21 18.61 39.02 10.28 -10.45 4.74 6.58 -3.52 -0.6
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
PBDIT 13.95 14.88 27.96 16.14 1.38 11.1 16.46 8.07 8.69
Margin (%)
PBIT Margin 12.37 12.7 25.88 13.24 -1.34 6.55 10.84 1.54 3.78
(%)
PBT Margin 10.21 11.24 24.79 10.63 -4.19 3.75 6.06 -3.54 -0.51
(%)
Net Profit 7.64 9.18 19.26 6.3 -6.7 2.41 4.01 -2.46 -0.31
Margin (%)
Return on 15.22 15.9 37.62 17.18 -16.93 6.56 9.64 -5.08 -0.84
Networth /
Equity (%)
Return on 22.4 16.79 37 23.81 -2.28 10.84 13.14 -2.37 -0.37
Capital
Employed
(%)
Return on 7.64 7.55 19.68 5.5 -6.3 2.28 2.77 -1.58 -0.22
Assets (%)
Total 0.43 0.31 0.2 0.49 0.43 0.32 0.77 0.97 1.11
Debt/Equity
(X)
Asset 1.04 0.91 1.05 87.34 94.06 94.72 69.06 64.2 70.79
Turnover
Ratio (%)
LIQUIDITY
RATIOS
Current 1.27 1.59 2.33 1.53 1.64 1.23 1.29 1.52 1.36
Ratio (X)
Quick Ratio 0.77 1.26 1.96 0.98 1.49 0.79 0.8 1.12 1.07
(X)
Inventory 4.7 5.86 2.96 3.07 13.75 5.11 3.27 4.78 5.98
Turnover
Ratio (X)
Dividend 24.68 26.86 1.28 102.23 -4.78 10.53 7.59 -14.2 -83.78
Payout Ratio
(NP) (%)

Dividend 20.46 21.7 1.15 70.01 -8.07 3.64 3.16 8.6 5.79
Payout Ratio
(CP) (%)

Earnings 75.32 73.14 98.72 -2.23 104.78 89.47 92.41 114.2 183.78
Retention
Ratio (%)
Cash 79.54 78.3 98.85 29.99 108.07 96.36 96.84 91.4 94.21
Earnings
Retention
Ratio (%)
VALUATIO
N RATIOS
Enterprise 6,247.37 5,305.75 4,039.70 2,225.33 4,138.32 3,979.80 3,476.58 4,252.94 3,289.74
Value (Cr.)
EV/Net 0.9 1 0.76 0.52 1 0.76 0.8 1.12 0.66
Operating
Revenue (X)
EV/EBITDA 6.47 6.74 2.73 3.24 72.27 6.87 4.86 13.91 7.65
(X)
MarketCap/ 0.76 0.83 0.69 0.38 0.87 0.68 0.51 0.69 0.29
Net
Operating
Revenue (X)
Retention 75.31 73.13 98.71 -2.23 104.78 89.46 92.4 114.2 183.78
Ratios (%)
Price/BV (X) 1.51 1.43 1.34 1.04 2.2 1.86 1.22 1.42 0.76
Price/Net 0.76 0.83 0.69 0.38 0.87 0.68 0.51 0.69 0.29
Operating
Revenue
Earnings 0.1 0.11 0.28 0.16 -0.08 0.04 0.08 -0.04 -0.01
Yield
Mar-14

-0.67

-0.67

7.91

74.3

74.3

0.5

185.12

16.05

7.47

-1.05

-0.67

8.66

4.03

-0.56

-0.36

-0.89

-0.4

-0.29

1.08

81.14
 1.47

1.15

9.2

-74.94

6.31

174.94

93.69

3,856.58

0.79

9.14

0.37

174.94

0.92
0.37

-0.01
KEY Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15
FINANCIAL
RATIOS OF
JSW
STEEL (in
Rs. Cr.)

PER
SHARE
RATIOS
Basic EPS 17.25 85.96 32.91 16.78 31.77 19.24 14.89 -146.02 88.24
(Rs.)

Diluted EPS 17.14 85.49 32.73 16.67 31.6 19.14 14.8 -146.02 88.24
(Rs.)
Cash EPS 39.04 86.45 41.56 27.43 38.52 25.43 21.93 -22.68 163.53
(Rs.)
Book Value 222.72 227.69 152.8 119.68 114.1 92.41 80.06 678.31 824.45
[ExclRevalR
eserve]/Shar
e (Rs.)
Book Value 222.72 227.69 152.8 119.68 114.1 92.41 80.06 678.31 824.45
[InclRevalRe
serve]/Share
(Rs.)
Dividend / 551.36 486.28 264.37 243.61 281.58 3.2 2.25 7.5 11
Share(Rs.)

Revenue 65.04 134.68 68.65 41.26 63.64 215.15 173.72 1,219.90 1,522.29
from
Operations/
Share (Rs.)
PBDIT/ 40.21 114.74 53.16 27.15 50.22 46.21 39.2 222.24 308.45
Share (Rs.)
PBIT/Share 19.24 95.77 39.78 10.31 37.2 36.09 29.15 127.61 216.48
(Rs.)
PBT/Share 14.21 66.51 26.07 13.32 25.1 23.43 17.05 -174.12 107.31
(Rs.)
Net 13.77 68.65 26.2 13.39 25.38 15.31 11.88 -117.3 71.56
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
PBDIT 11.79 27.69 25.96 16.93 22.6 21.47 22.56 18.21 20.26
Margin (%)

PBIT Margin 7.29 23.59 20.1 11.14 17.83 16.77 16.77 10.46 14.22
(%)
PBT Margin 3.48 19.69 15.04 4.23 13.21 10.88 9.81 -14.27 7.04
(%)
Net Profit 2.57 13.67 9.85 5.46 8.91 7.11 6.84 -9.61 4.7
Margin (%)
Return on 2.49 14.11 9.9 5.49 9.01 16.57 14.84 -17.29 8.67
Networth /
Equity (%)
Return on 6.3 30.7 16.91 11.01 21.95 18.06 16 7.42 12.02
Capital
Employed
(%)
Return on 8.57 24.85 15.28 9.27 20.73 5.4 4.41 -4.8 2.89
Assets (%)
Total 1.96 10.51 5.33 3.05 6.64 1.14 1.38 1.55 1.03
Debt/Equity
(X)

Asset 1.2 1.04 1.11 1.45 1.03 75.94 64.58 49.93 61.53
Turnover
Ratio (%)
LIQUIDITY
RATIOS

Current 0.71 0.76 53.82 55.62 73.75 0.76 0.68 0.62 0.93
Ratio (X)

Quick Ratio 0.97 1.14 0.83 0.83 0.8 0.36 0.33 0.31 0.51
(X)
Inventory 0.5 0.55 0.5 0.52 0.45 6.44 5.64 5.44 5.37
Turnover
Ratio (X)
Dividend 2.83 2.92 5.6 5.32 5.83 14.16 6.09 -9.06 12.27
Payout Ratio
(NP) (%)

Dividend 101.2 7.6 6.1 29.65 12.21 8.52 3.3 -46.89 5.37
Payout Ratio
(CP) (%)

Earnings 36.09 5.89 3.83 14.43 7.98 85.84 93.91 109.06 87.73
Retention
Ratio (%)

Cash -1.2 92.4 93.9 70.35 87.79 91.48 96.7 146.89 94.63
Earnings
Retention
Ratio (%)
VALUATIO 63.91 94.11 96.17 85.57 92.02
N RATIOS

Enterprise 118,113.10 88,673.60 70,147.92 52,209.71

Value (Cr.)

EV/Net 2.84 8.16 4.06 1.92 3.86 1.82 1.7 1.91 1.13
Operating
Revenue (X)
EV/EBITDA 2.84 8.16 4.06 1.92 3.86 8.46 7.52 10.49 5.59
(X)

MarketCap/ 1.34 1.08 1.05 0.6

Net
Operating
Revenue (X)
Retention 266,575.05 274,342.60 179,588.70 84,501.45 117,499.85 85.83 93.9 109.06 87.72
Ratios (%)
Price/BV (X) 1.61 1.87 2.25 1.15 1.39 3.12 2.34 1.89 1.1

Price/Net 13.62 6.77 8.66 6.8 6.13 1.34 1.08 1.05 0.6
Operating
Revenue
Earnings 1.25 1.51 1.77 0.6 1.04 0.05 0.06 -0.09 0.08
Yield
-1.2 92.39 93.89 70.34 87.78
Source : Dio
n Global
Solutions
Limited
3.15 3.28 3.02 1.2 2.53

1.25 1.51 1.77 0.6 1.04

0.02 0.09 0.06 0.09 0.09
 Mar-14

Mar-23 Mar-22 Mar-21

53.86 PER
SHARE
RATIOS
53.86 Basic EPS 17.25 85.96
(Rs.)
134.12 Diluted EPS 17.14 85.49
(Rs.)
776.87 Cash EPS 39.04 86.45
(Rs.)

776.87 Book Value 222.72 227.69

[ExclRevalR
eserve]/Shar
e (Rs.)
11 Book Value 222.72 227.69
[InclRevalRe
serve]/Share
(Rs.)
1,496.21 Revenue 551.36 486.28
from
Operations/
Share (Rs.)
301.03 PBDIT/ 65.04 134.68
Share (Rs.)
210.99 PBIT/Share 40.21 114.74
(Rs.)
64.59 PBT/Share 19.24 95.77
(Rs.)
44.08 Net 14.21 66.51
Profit/Share
(Rs.)
NP After MI 13.77 68.65
And SOA /
Share (Rs.)
20.11 PROFITABI
LITY
RATIOS
14.1 PBDIT 11.79 27.69
Margin (%)
4.31 PBIT Margin 7.29 23.59
(%)
2.94 PBT Margin 3.48 19.69
(%)
5.67 Net Profit 2.57 13.67
Margin (%)

2.79 NP After MI 2.49 14.11

And SOA
Margin (%)

1.95 Return on 6.3 30.7

Networth/Eq
uity (%)
 1.06 Return on 8.57 24.85
Capital
Employed
(%)
66.19 Return on 1.96 10.51
Assets (%)

Total 1.2 1.04

Debt/Equity
(X)
0.73 Asset 0.71 0.76
Turnover
Ratio (%)
0.43 LIQUIDITY
RATIOS
7.31 Current 0.97 1.14
Ratio (X)

21.55 Quick Ratio 0.5 0.55

(X)

7.08 Inventory 2.83 2.92

Turnover
Ratio (X)

78.45 Dividend 101.2 7.6

Payout Ratio
(NP) (%)

92.92 Dividend 36.09 5.89

Payout Ratio
(CP) (%)

Earnings -1.2 92.4

Retention
Ratio (%)
56,624.98 Cash 63.91 94.11
Earnings
Retention
Ratio (%)
1.25 COVERAGE
RATIOS

6.21 Interest 2.84 8.16

Coverage
Ratios (%)
0.69 Interest 2.84 8.16
Coverage
Ratios (Post
Tax) (%)
78.44 VALUATIO
N RATIOS
1.33 Enterprise 266,575.05 274,342.60
Value (Cr.)
0.69 EV/Net 1.61 1.87
Operating
Revenue (X)
0.04 EV/EBITDA 13.62 6.77
(X)
MarketCap/ 1.25 1.51
Net
Operating
Revenue (X)
Retention -1.2 92.39
Ratios (%)
Price/BV (X) 3.15 3.28
Price/Net 1.25 1.51
Operating
Revenue
Earnings 0.02 0.09
Yield
Mar-20 Mar-19

32.91 16.78 31.77

32.73 16.67 31.6

41.56 27.43 38.52

152.8 119.68 114.1

152.8 119.68 114.1

264.37 243.61 281.58

68.65 41.26 63.64

53.16 27.15 50.22

39.78 10.31 37.2

26.07 13.32 25.1

26.2 13.39 25.38

25.96 16.93 22.6

20.1 11.14 17.83

15.04 4.23 13.21

9.85 5.46 8.91

9.9 5.49 9.01

16.91 11.01 21.95

 15.28 9.27 20.73

5.33 3.05 6.64

1.11 1.45 1.03

53.82 55.62 73.75

0.83 0.83 0.8

0.5 0.52 0.45

5.6 5.32 5.83

6.1 29.65 12.21

3.83 14.43 7.98

93.9 70.35 87.79

96.17 85.57 92.02

4.06 1.92 3.86

4.06 1.92 3.86

179,588.70 84,501.45 117,499.85

2.25 1.15 1.39

8.66 6.8 6.13

1.77 0.6 1.04

93.89 70.34 87.78

3.02 1.2 2.53

1.77 0.6 1.04

0.06 0.09 0.09

KEY Mar-18 Mar-17 Mar-16 Mar-15 Mar-14
FINANCIAL
RATIOS OF
SAL
STEEL (in
Rs. Cr.)

PER
SHARE
RATIOS
Basic EPS 4.99 0.1 -3.39 -8.93 -4.17
(Rs.)
Diluted EPS 4.99 0.1 -3.39 -8.93 -4.17
(Rs.)
Cash EPS 5.9 1 -2.39 -7.9 -2.11
(Rs.)
Book Value 0.45 -4.56 -4.13 -0.74 8.24
[ExclRevalR
eserve]/Shar
e (Rs.)
Book Value 0.45 -4.56 -4.13 -0.74 8.24
[InclRevalRe
serve]/Share
(Rs.)
Dividend / 0 0 0 0 0
Share(Rs.)
Revenue 58.73 42.44 39.73 43 38.59
from
Operations/
Share (Rs.)
PBDIT/ 1.07 1.41 2.8 3.15 0.32
Share (Rs.)
PBIT/Share 0.16 0.51 1.8 2.12 -1.74
(Rs.)
PBT/Share 7.53 0.42 0.35 -1.4 -5.46
(Rs.)
Net 4.99 0.1 -3.39 -8.93 -4.17
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
PBDIT 1.82 3.31 7.05 7.32 0.83
Margin (%)
PBIT Margin 0.26 1.19 4.54 4.92 -4.5
(%)
PBT Margin 12.81 0.99 0.86 -3.25 -14.14
(%)
Net Profit 8.49 0.24 -8.52 -20.75 -10.8
Margin (%)
Return on 1,117.98 -2.26 0 0 -50.57
Networth /
Equity (%)
Return on 0.68 3.17 -51.74 109.34 -26.91
Capital
Employed
(%)
Return on 15.03 0.29 -11.49 -26.26 -8.57
Assets (%)
Total 44.12 -4.36 -2.15 -14.52 1.85
Debt/Equity
(X)
Asset 176.96 122.02 134.9 126.57 79.37
Turnover
Ratio (%)
LIQUIDITY
RATIOS
Current 1.33 0.74 0.27 0.22 0.37
Ratio (X)
Quick Ratio 0.47 0.36 0.17 0.1 0.23
(X)
Inventory 6.56 5.99 11.56 11.54 8.49
Turnover
Ratio (X)
Dividend 0 0 0 0 0
Payout Ratio
(NP) (%)

Dividend 0 0 0 0 0
Payout Ratio
(CP) (%)

Earnings 0 0 0 0 0
Retention
Ratio (%)
Cash 0 0 0 0 0
Earnings
Retention
Ratio (%)
VALUATIO
N RATIOS
Enterprise 226.14 210.8 98.86 105.45 141.29
Value (Cr.)
EV/Net 0.45 0.58 0.29 0.29 0.43
Operating
Revenue (X)
EV/EBITDA 24.89 17.65 4.15 3.94 51.84
(X)
MarketCap/ 0.12 0.12 0.07 0.04 0.04
Net
Operating
Revenue (X)
Retention 0 0 0 0 0
Ratios (%)
Price/BV (X) 16.17 -1.11 -0.7 -2.35 0.19
Price/Net 0.12 0.12 0.07 0.04 0.04
Operating
Revenue
Earnings 0.69 0.02 -1.17 -5.1 -2.72
Yield

Source : Dio
n Global
Solutions
Limited
KEY Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15
FINANCIAL
RATIOS OF
JINDAL
STEEL &
POWER (in
Rs. Cr.)

PER
SHARE
RATIOS
Basic EPS 24.11 81.21 70.14 6.09 -2.72 -3.95 -10.78 -15.5 -3.4
(Rs.)
Diluted EPS 24.11 81.21 70.14 6.09 -2.72 -3.95 -10.78 -15.5 -3.4
(Rs.)
Cash EPS 45.7 104.04 92.13 28.48 21.12 15.99 11.55 7.97 16.12
(Rs.)
Book Value 403.55 399.33 320.02 232.44 232.96 235.48 237.88 252.11 136.75
[ExclRevalR
eserve]/Shar
e (Rs.)
Book Value 403.55 399.33 320.02 232.44 232.96 235.48 237.88 252.11 136.75
[InclRevalRe
serve]/Share
(Rs.)
Dividend / 2 3 0 0 0 0 0 0 0
Share(Rs.)
Revenue 509.25 489.08 326.55 257.14 286.35 176.31 151.35 138.77 146.36
from
Operations/
Share (Rs.)
PBDIT/ 95.34 149.78 134.52 56.64 62.31 41.05 31.81 26.94 43.74
Share (Rs.)
PBIT/Share 73.79 127.7 112.53 34.22 38.48 21.32 9.48 3.46 24.23
(Rs.)
PBT/Share 28.58 110.5 89.4 8.62 -5.89 -6.94 -15.92 -25.47 -6.99
(Rs.)
Net 24.15 81.96 70.14 6.06 -2.72 -3.74 -10.78 -15.5 -3.4
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
PBDIT 18.72 30.62 41.19 22.02 21.76 23.28 21.01 19.41 29.88
Margin (%)
PBIT Margin 14.49 26.11 34.45 13.3 13.43 12.09 6.26 2.49 16.55
(%)
PBT Margin 5.61 22.59 27.37 3.35 -2.05 -3.93 -10.52 -18.35 -4.77
(%)
Net Profit 4.74 16.75 21.47 2.35 -0.94 -2.11 -7.12 -11.17 -2.32
Margin (%)
Return on 5.98 20.52 21.91 2.6 -1.16 -1.58 -4.53 -6.14 -2.48
Networth /
Equity (%)
Return on 14.06 21.74 20.22 8.06 8.97 4.63 1.89 -3.2 -0.94
Capital
Employed
(%)
Return on 3.62 11.02 10.34 1.04 -0.45 -0.6 -1.64 -2.34 -0.67
Assets (%)
Total 0.29 0.33 0.51 0.64 0.78 0.94 1.11 1.04 2.09
Debt/Equity
(X)
Asset 0.72 0.69 48.18 44.54 48.05 28.4 23.04 20.95 29
Turnover
Ratio (%)
LIQUIDITY
RATIOS
Current 0.94 1.12 1.33 0.74 0.58 0.62 0.61 0.58 0.88
Ratio (X)
Quick Ratio 0.56 0.68 0.96 0.49 0.34 0.42 0.48 0.43 0.6
(X)
Inventory 3.62 3.27 7.25 6.75 7.12 5.51 7.34 5.21 3.6
Turnover
Ratio (X)
Dividend 8.28 1.23 0 0 0 0 0 0 0
Payout Ratio
(NP) (%)

Dividend 4.37 0.97 0 0 0 0 0 0 0

Payout Ratio
(CP) (%)

Earnings 91.72 98.77 0 0 0 0 0 0 0

Retention
Ratio (%)
Cash 95.63 99.03 0 0 0 0 0 0 0
Earnings
Retention
Ratio (%)
VALUATIO
N RATIOS
Enterprise 62,740.50 64,165.59 46,095.62 23,073.90 34,873.21 42,421.18 35,084.10 29,077.07 40,153.41
Value (Cr.)
EV/Net 1.23 1.3 1.38 0.88 1.26 2.49 2.53 2.29 3
Operating
Revenue (X)
EV/EBITDA 6.55 4.24 3.36 3.99 5.78 10.68 12.05 11.8 10.03
(X)
MarketCap/ 1.07 1.09 1.05 0.32 0.63 1.24 0.8 0.43 1.07
Net
Operating
Revenue (X)
Retention 91.71 98.76 0 0 0 0 0 0 0
Ratios (%)
Price/BV (X) 1.35 1.34 1.07 0.35 0.77 0.93 0.51 0.24 1.15
Price/Net 1.07 1.09 1.05 0.32 0.63 1.24 0.8 0.43 1.07
Operating
Revenue
Earnings 0.04 0.15 0.2 0.07 -0.02 -0.02 -0.09 -0.26 -0.02
Yield

Source : Dio
n Global
Solutions
Limited
Mar-14 KEY Mar-18 Mar-17 Mar-16
FINANCIAL
RATIOS OF
JINDAL
STEEL &
POWER (in
Rs. Cr.)

PER
SHARE
RATIOS
13.89 Basic EPS -3.95 -10.78 -15.5
(Rs.)
13.89 Diluted EPS -3.95 -10.78 -15.5
(Rs.)
27.47 Cash EPS 15.99 11.55 7.97
(Rs.)
142.8 Book Value 235.48 237.88 252.11
[ExclRevalR
eserve]/Shar
e (Rs.)
142.8 Book Value 235.48 237.88 252.11
[InclRevalRe
serve]/Share
(Rs.)
1.5 Dividend / 0 0 0
Share(Rs.)
158.97 Revenue 176.31 151.35 138.77
from
Operations/
Share (Rs.)
42.69 PBDIT/ 41.05 31.81 26.94
Share (Rs.)
29.34 PBIT/Share 21.32 9.48 3.46
(Rs.)
17.5 PBT/Share -6.94 -15.92 -25.47
(Rs.)
14.12 Net -3.74 -10.78 -15.5
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
26.85 PBDIT 23.28 21.01 19.41
Margin (%)
18.45 PBIT Margin 12.09 6.26 2.49
(%)
11 PBT Margin -3.93 -10.52 -18.35
(%)
8.88 Net Profit -2.11 -7.12 -11.17
Margin (%)
9.88 Return on -1.58 -4.53 -6.14
Networth /
Equity (%)
4.51 Return on 4.63 1.89 -3.2
Capital
Employed
(%)
2.79 Return on -0.6 -1.64 -2.34
Assets (%)
1.74 Total 0.94 1.11 1.04
Debt/Equity
(X)
31.51 Asset 28.4 23.04 20.95
Turnover
Ratio (%)
 LIQUIDITY
RATIOS
0.76 Current 0.62 0.61 0.58
Ratio (X)
0.53 Quick Ratio 0.42 0.48 0.43
(X)
3.69 Inventory 5.51 7.34 5.21
Turnover
Ratio (X)
10.62 Dividend 0 0 0
Payout Ratio
(NP) (%)

5.45 Dividend 0 0 0
Payout Ratio
(CP) (%)

89.38 Earnings 0 0 0
Retention
Ratio (%)
94.55 Cash 0 0 0
Earnings
Retention
Ratio (%)
VALUATIO
N RATIOS
48,601.69 Enterprise 42,421.18 35,084.10 29,077.07
Value (Cr.)
3.34 EV/Net 2.49 2.53 2.29
Operating
Revenue (X)
12.44 EV/EBITDA 10.68 12.05 11.8
(X)
1.84 MarketCap/ 1.24 0.8 0.43
Net
Operating
Revenue (X)
89.37 Retention 0 0 0
Ratios (%)
2.04 Price/BV (X) 0.93 0.51 0.24
1.84 Price/Net 1.24 0.8 0.43
Operating
Revenue
0.05 Earnings -0.02 -0.09 -0.26
Yield

Source : Dio
n Global
Solutions
Limited
Mar-15 Mar-14

-3.4 13.89

-3.4 13.89

16.12 27.47

136.75 142.8

136.75 142.8

0 1.5

146.36 158.97

43.74 42.69

24.23 29.34

-6.99 17.5

-3.4 14.12

29.88 26.85

16.55 18.45

-4.77 11

-2.32 8.88

-2.48 9.88

-0.94 4.51

-0.67 2.79

2.09 1.74

29 31.51
 0.88 0.76

0.6 0.53

3.6 3.69

0 10.62

0 5.45

0 89.38

0 94.55

40,153.41 48,601.69

3 3.34

10.03 12.44

1.07 1.84

0 89.37

1.15 2.04
1.07 1.84

-0.02 0.05
STD AVG 2023 2022 2021 2020 2019 2018 2017 2016
0.1366 0.2799 0.1489 0.0949 17.12 12.87 9.89 8.97
6.06707914 6.98041111
0.0563 0.2306 0.1363 0.0926 9.19 2.87 -3.49 -7.63
4.80249851 1.36105556
0.063 0.307 0.1691 11.01 21.95 18.06 16 7.42
8.07207577 9.96956667
0.1406 0.2174 0.2022 8.06 8.97 4.63 1.89 -3.2
3.97320325 2.7044
0.224 0.1679 0.37 23.81 -2.28 10.84 13.14 -2.37
8.7074214 4.76754444
0.2401 0.2269 0.1805 18.59 10.04 6.76 5.92 -11.25
8.52508557 2.5186
0.2748 0.5174 0.3977 15.58 24.1 8.41 -3.77 -3.85
8.88824361 5.39945556
0.2594 0.219 0.1683 5.68 8.2 7.91 12.31 -10.44
6.23734961 3.27192222
0.0922 0.149 0.0967 7.62 18.85 21.1 13.95 7.15
7.90331926 8.29507778
2015 2014
6.5 6.95
TAT STEEL
6.01 4.84
SAIL
12.02 2.79
JSW
-0.94 4.51
JINDAL STEEL
-0.37 -0.4
WELSPUN STEEL
-7.24 -0.56
USHA MARTIN
3.73 3.48
GODAWARI
3.43 1.97
VEDAMTA
3.03 2.71
SUNFLAG IRON AND STEEL
2023 2022 2021 2020 2019 2018 2017 2016
2015 2014
STD AVG 2023 2022 2021 2020 2019 2018 2017 2016
0.101091 0.392 0.28 0.26 0.34 0.53 0.38 0.41 0.56 0.41

0.341215 0.827 0.49 0.26 0.82 1.29 1.09 1.18 1.08 0.84

3.254959 3.365 1.96 10.51 5.33 3.05 6.64 1.14 1.38 1.55

0.547413 0.947 0.29 0.33 0.51 0.64 0.78 0.94 1.11 1.04

0.316838 0.611 0.43 0.31 0.2 0.49 0.43 0.32 0.77 0.97

6.942288 5.123 0.16 0.18 0.33 0.51 12.7 20.06 7.78 4.6

0.747319 1.057 0.04 0.13 0.27 0.96 1.16 1.63 2.24 1.48

0.202635 0.576 0.62 0.47 0.37 0.57 0.48 0.38 0.46 0.39

0.145955 0.353 0.16 0.3 0.11 0.19 0.33 0.36 0.44 0.28
2015 2014
0.36 0.39
TAT STEEL
0.65 0.57
SAIL
1.03 1.06
JSW
2.09 1.74
JINDAL STEEL
1.11 1.08
WELSPUN STEEL
2.8 2.11
USHA MARTIN
1.26 1.4
GODAWARI
1.02 1
VEDAMTA
0.58 0.78
SUNFLAG IRON AND STEEL
 2014 2015 2016 2017 2018 2019 2020
TATA 0.0577 0.0556 0.0397 0.0309 0.0333 0.0766 0.0448

SAIL 0.0284 0.021 -0.04 -0.0265 -0.0042 0.0187 0.0161

JSW 0.0195 0.0289 -0.048 0.0441 0.054 0.2073 0.0927

JINDAL SEETL AND POWER 0.0279 -0.0067 -0.0234 -0.0164 -0.006 -0.0045 0.0104

WELSPUN STEEL CORP -0.0029 -0.0022 -0.0158 0.0277 0.0228 -0.063 0.055

USHA MARTIN -0.0033 -0.0403 -0.061 -0.0525 -0.0439 0.0098 0.2689

GODAWARI STEELS 0.0249 0.0245 -0.0242 -0.0324 0.0704 0.08 0.0462

VEDANTA 0.0128 0.0245 -0.0651 0.0666 0.0493 0.0336 -0.0482

SUNFLAG IRON AND STEEL 0.0166 0.0183 0.0471 0.0474 0.0824 0.0627 0.0386
2021 2022 2023
0.0946 0.1487 0.0662
0.0328 0.102 0.0149
0.1528 0.2485 0.0857
0.1034 0.1102 0.0362
0.1968 0.0755 0.0764
0.0681 0.1398 0.1328
0.2234 0.3155 0.1711
0.0762 0.1157 0.1722
0.056 0.0705 0.2263
 NET PROFIT RATIO

2014 2015 2016 2017 2018 2019 2020

Tata Steel & Power 0.15 0.15 0.13 0.07 0.15
0.07 0.11
Steel Authority of India 0.06 0.05 -0.10 -0.06 0.03
-0.01 0.03
0.03 0.05 -0.10 0.07 0.09
JSW Steel 0.07 0.05
0.09 -0.02 -0.11 -0.07 -0.01
Jindal Steel and Power -0.02 0.02
0.00 0.00 -0.02 0.04 -0.07
Welspun steel corp 0.02 0.06
-0.78 -0.08 -0.12 -0.11 0.03
Usha Martin -0.20 0.28
0.04 0.03 -0.04 -0.05 0.07
Godawari steels 0.09 0.04
0.04 0.06 -0.35 0.30 0.13
Vedanta 0.16 -0.19
0.01 0.01 0.03 0.04 0.05
Sunflag iron and steel 0.06 0.05
2021 2022 2023 AVG STD
6.99 14.91
0.20 0.26 0.12 0.14 0.05
-0.83 3.25
0.06 0.12 0.02 0.02 0.06
7.11 8.91
0.10 0.14 0.03 0.05 0.06
-2.11 -0.94
0.21 0.17 0.05 0.03 0.09
2.41 -6.7
0.19 0.09 0.08 0.04 0.07
-20.36 3.49
0.07 0.12 0.10 -0.07 0.26
8.55 7.41
0.17 0.27 0.15 0.08 0.09
15.93 13.13
0.28 0.27 0.40 0.11 0.21
6.2 4.96
0.07 0.08 0.32 0.07 0.08

11.15 20.29
3.27 5.57
5.46 9.85
2.35 21.47
6.3 19.26
28.39 7.47
4.37 17.18
-18.77 28.05
5.26 7.05
25.58
11.61
13.67
16.75
9.18
11.67
26.62
27.25
8.01

12.01
1.82
2.57
4.74
7.64
10.46
15.1
40.18
31.94
STD AVG 2023 2022 2021 2020 2019 2018 2017 2016
11.49 26.31 18.08 9.04 14.95 6.77 6.93 6.95
3.64 23.09 8.85 5.08 5.71 -1.34 -7.86 -10.25
2.49 14.11 9.9 5.49 9.01 16.57 14.84 -17.29
5.98 20.52 21.91 2.6 -1.16 -1.58 -4.53 -6.14
15.22 15.9 37.62 17.18 -16.93 6.56 9.64 -5.08
19.79 22.78 14.07 64.25 25.54 -162.68 -77.88 -51.64
21.21 43.66 34.64 10.14 19.79 20.97 -11.31 -8.37
40.34 22.2 13.67 -9.63 6.51 9.14 13.87 -15.04
33.47 12.46 8.77 6.67 11.75 15.37 9.2 8.94

2014 2015 2016 2017 2018 2019 2020 2021 2022

TAT STEEL
0.1048 0.0965 0.0695 0.0693 0.0677 0.1495 0.0904 0.1808 0.2631
SAIL 0.0613 0.0481 -0.1025 -0.0786 -0.0134 0.0571 0.0508 0.0885 0.2309
JSW 0.0567 0.0867 -0.1729 0.1484 0.1657 0.0901 0.0549 0.099 0.1411
JINDAL STEE 0.0988 -0.0248 -0.0614 -0.0453 -0.0158 -0.0116 0.026 0.2191 0.2052
WELSPUN S -0.0089 -0.0084 -0.0508 0.0964 0.0656 -0.1693 0.1718 0.3762 0.159
USHA MARTI -0.0168 -0.2444 -0.5164 -0.7788 -1.6268 0.2554 0.6425 0.1407 0.2278
GODAWARI 0.0731 0.0757 -0.0837 -0.1131 0.2097 0.1979 0.1014 0.3464 0.4366
VEDAMTA 0.0319 0.0565 -0.1504 0.1387 0.0914 0.0651 -0.0963 0.1367 0.222
SUNFLAG IR 0.043 0.0418 0.0894 0.092 0.1537 0.1175 0.0667 0.0877 0.1246
 2015 2014
9.65 10.48 9.04 18.08 26.31
4.81 6.13 5.08 8.85 23.09
8.67 5.67 5.49 9.9 14.11
-2.48 9.88 2.6 21.91 20.52
-0.84 -0.89 17.18 37.62 15.9
-24.44 -1.68 64.25 14.07 22.78
7.57 7.31 10.14 34.64 43.66
5.65 3.19 -9.63 13.67 22.2
4.18 4.3 6.67 8.77 12.46

2023 AVG STD 9.65 6.95

0.1149 0.12065 0.058806 4.81 -10.25 6.93

0.0364 0.03786 0.087701 6.13 8.67 -17.29 -7.86

0.0249 0.06946 0.09128 5.67 -2.48 -6.14 14.84

0.0598 0.045 0.095235 9.88 -0.84 -5.08 -4.53

0.1522 0.07838 0.142493 -0.89 -24.44 -51.64 9.64

0.1979 -0.17189 0.622344 -1.68 7.57 -8.37 -77.88

0.2121 0.14561 0.163667 7.31 5.65 -15.04 -11.31

0.4034 0.0899 0.147586 3.19 4.18 8.94 13.87

0.3347 0.11511 0.080417 4.3 0 9.2

 11.49
3.64
2.49
5.98
15.22
19.79
21.21
40.34
33.47

6.77 14.95
-1.34 5.71
16.57 9.01
-1.58 -1.16
6.56 -16.93
-162.68 25.54
20.97 19.79
9.14 6.51
15.37 11.75
KEY Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15
FINANCIAL
RATIOS OF
JTL
INDUSTRIE
S (in Rs.
Cr.)

PER
SHARE
RATIOS
Basic EPS 10.69 8.45 18.91 9.92 14.49 8.03 1.38 1.21 0.83
(Rs.)
Diluted EPS 9.28 7.63 18.91 9.92 14.49 8.03 1.38 1.21 0.83
(Rs.)
Cash EPS 11.19 8.81 20.53 10.9 15.23 8.53 1.79 1.64 1.03
(Rs.)
Book Value 48.27 26.61 91.36 57.72 44.09 23.52 15.59 14.21 13
[ExclRevalR
eserve]/Shar
e (Rs.)
Book Value 48.27 26.61 91.36 57.72 44.09 23.52 15.59 14.21 13
[InclRevalRe
serve]/Share
(Rs.)
Dividend / 0.2 0 2 0 0 0 0 0 0
Share(Rs.)
Revenue 183.59 164.85 410.81 216.76 321.62 169.61 112.71 94.8 119.23
from
Operations/
Share (Rs.)
PBDIT/ 15.92 12.85 35.26 18.07 24.48 14.94 3.72 3.19 2.95
Share (Rs.)
PBIT/Share 15.42 12.49 33.64 16.67 23.74 14.45 3.31 2.77 2.75
(Rs.)
PBT/Share 14.54 11.41 25.48 12.85 20.58 12.69 2.17 1.58 1.25
(Rs.)
Net 10.69 8.45 18.91 9.5 14.49 8.03 1.38 1.21 0.83
Profit/Share
(Rs.)
PROFITABI
LITY
RATIOS
PBDIT 8.67 7.79 8.58 8.33 7.61 8.81 3.3 3.36 2.47
Margin (%)
PBIT Margin 8.39 7.57 8.18 7.69 7.38 8.51 2.93 2.91 2.3
(%)
PBT Margin 7.91 6.92 6.2 5.92 6.39 7.48 1.92 1.66 1.05
(%)
Net Profit 5.82 5.12 4.6 4.38 4.5 4.73 1.22 1.27 0.69
Margin (%)
Return on 22.13 31.75 20.7 16.45 32.86 34.14 8.82 8.51 6.4
Networth /
Equity (%)
Return on 30.8 43.84 32.4 27.75 50.29 53.62 12.79 7.01 5.25
Capital
Employed
(%)
Return on 16.04 18.09 9.58 7.18 13.44 11.1 2.83 3.96 2.31
Assets (%)
Total 0.12 0.5 0.65 0.95 0.8 0.91 0.71 0.41 1.13
Debt/Equity
(X)
Asset 3.7 4.02 208.11 163.98 298.33 234.48 232.77 310.57 331.16
Turnover
Ratio (%)
LIQUIDITY
RATIOS
Current 3.29 2 1.81 1.51 1.45 1.41 1.94 2.02 1.62
Ratio (X)
Quick Ratio 2.08 1.15 1.28 0.96 1.09 1 1.22 1.28 1.24
(X)
Inventory 10.38 12.38 8.21 5.47 14.59 8.99 6.91 9.68 15.6
Turnover
Ratio (X)
Dividend 0 4.24 0 0 0 0 0 0 0
Payout Ratio
(NP) (%)

Dividend 0 4.06 0 0 0 0 0 0 0
Payout Ratio
(CP) (%)

Earnings 0 95.76 0 0 0 0 0 0 100

Retention
Ratio (%)
Cash 0 95.94 0 0 0 0 0 0 100
Earnings
Retention
Ratio (%)
VALUATIO
N RATIOS
Enterprise 2,676.84 1,442.67 622.93 139.81 182.38 179.18 51.76 54.52 69.79
Value (Cr.)
EV/Net 1.73 1.48 1.43 0.61 0.57 1.06 0.46 0.57 0.58
Operating
Revenue (X)
EV/EBITDA 19.93 18.96 16.66 7.29 7.45 11.98 13.89 17.08 23.64
(X)
MarketCap/ 1.73 1.4 1.3 0.37 0.46 0.94 0.37 0.53 0.47
Net
Operating
Revenue (X)
Retention 0 95.75 0 0 0 0 0 0 100
Ratios (%)
Price/BV (X) 6.58 8.67 5.82 1.38 3.39 6.76 2.66 3.55 4.3
Price/Net 1.73 1.4 1.3 0.37 0.46 0.94 0.37 0.53 0.47
Operating
Revenue
Earnings 0.03 0.04 0.04 0.12 0.1 0.05 0.03 0.02 0.01
Yield

Source : Dio
n Global
Solutions
Limited
Mar-14 0.12

0.5

0.54 0.65

0.54 0.95

1.06 0.8

15.37 0.91

15.37 0.71

0 0.41

97.18 1.13

3.15 1.12

2.62

0.81

0.54

30.8 0.308 16.04 0.1604

22.13

0.2213 43.84 0.4384 18.09 0.1809

3.23 31.75
0.3175 32.4 0.324 9.58 0.0958
2.69 20.7
0.207 27.75 0.2775 7.18 0.0718
0.83 16.45
0.1645 50.29 0.5029 13.44 0.1344
0.55 32.86
0.3286 53.62 0.5362 11.1 0.111
3.48 34.14

0.3414 12.79 0.1279 2.83 0.0283

2.75 8.82

0.0882 7.01 0.0701 3.96 0.0396

1.03 8.51
0.0851 5.25 0.0525 2.31 0.0231
1.12 6.4

0.064 2.75 0.0275 1.03 0.0103

188.25 3.48

0.0348
 0.12
0
1.44 0.5
0
1.02 0.65 3.29 2 1.81
0
7.17 0.95 3.29 2 1.81 1.51

0
0 0.8

0 1.849
0 0.91

0
100 0.71

0 3.29 0.0329
100 0.41

0 2 0.02
1.13
0 1.81 0.0181
67.92 1.12
0 1.51 0.0151
0.7

1.45 0.0145
21.57
1.41 0.0141
0.55

1.94 0.0194
100
2.02 0.0202
3.46 1.62 0.0162
0.55

1.44 0.0144
0.01
1.51 1.45 1.41 1.94 2.02 1.62 1.44

1.45 1.41 1.94 2.02 1.62 1.44