Jindal Stainless Limited (NSE: JSL)

Jindal Stainless Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	377,881	385,625	356,970	327,327	121,885	129,509
Revenue Growth (YoY)	-15.41%	8.03%	9.06%	168.55%	-5.89%	-4.47%
Cost of Revenue	261,595	268,618	245,789	214,332	78,566	86,292
Gross Profit	116,285	117,007	111,181	112,994	43,319	43,217
Selling, General & Admin	7,870	6,730	5,899	5,721	1,982	2,253
Other Operating Expenses	63,555	65,170	70,129	53,762	27,094	29,561
Operating Expenses	80,846	80,688	83,265	67,074	33,106	36,074
Operating Income	35,439	36,320	27,916	45,921	10,214	7,143
Interest Expense	-5,227	-4,765	-2,685	-2,920	-4,125	-5,052
Interest & Investment Income	1,164	1,164	496.5	270.5	213.9	223.2
Earnings From Equity Investments	119.6	531.3	1,100	1,007	52.1	-78.6
Currency Exchange Gain (Loss)	1,935	1,935	707.5	-2,607	-	-
Other Non Operating Income (Expenses)	-330	-556.2	63.9	-294.6	-554.8	-717.4
EBT Excluding Unusual Items	33,101	34,629	27,598	41,377	5,800	1,519
Gain (Loss) on Sale of Investments	78.2	78.2	19	5.1	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	3.5	-
Other Unusual Items	-16.6	991.5	-	-	1,024	44.4
Pretax Income	33,389	35,925	27,740	41,590	6,897	1,653
Income Tax Expense	8,916	8,990	6,901	10,497	2,702	926.4
Earnings From Continuing Operations	24,474	26,935	20,838	31,094	4,195	726.2
Minority Interest in Earnings	50.8	197.3	306.7	-305.7	-2.3	-13
Net Income	24,524	27,132	21,145	30,788	4,192	713.2
Net Income to Common	24,524	27,132	21,145	30,788	4,192	713.2
Net Income Growth	-22.25%	28.31%	-31.32%	634.40%	487.82%	-49.91%
Shares Outstanding (Basic)	824	823	823	796	487	484
Shares Outstanding (Diluted)	824	824	823	815	495	484
Shares Change (YoY)	-15.25%	0.04%	1.04%	64.78%	2.28%	0.90%
EPS (Basic)	29.78	32.95	25.68	38.70	8.60	1.48
EPS (Diluted)	29.76	32.94	25.68	37.78	8.48	1.48
EPS Growth	-8.25%	28.28%	-32.03%	345.52%	474.90%	-50.34%
Free Cash Flow	27,804	33,432	14,399	669.8	11,400	9,835
Free Cash Flow Per Share	33.74	40.59	17.49	0.82	23.05	20.34
Dividend Per Share	2.000	3.000	1.500	-	-	-
Dividend Growth	33.33%	100.00%	-	-	-	-
Gross Margin	30.77%	30.34%	31.15%	34.52%	35.54%	33.37%
Operating Margin	9.38%	9.42%	7.82%	14.03%	8.38%	5.52%
Profit Margin	6.49%	7.04%	5.92%	9.41%	3.44%	0.55%
Free Cash Flow Margin	7.36%	8.67%	4.03%	0.20%	9.35%	7.59%
EBITDA	44,401	44,648	34,752	53,106	13,996	11,184
EBITDA Margin	11.75%	11.58%	9.74%	16.22%	11.48%	8.64%
D&A For EBITDA	8,962	8,329	6,836	7,185	3,783	4,041
EBIT	35,439	36,320	27,916	45,921	10,214	7,143
EBIT Margin	9.38%	9.42%	7.82%	14.03%	8.38%	5.52%
Effective Tax Rate	26.70%	25.02%	24.88%	25.24%	39.18%	56.06%
Revenue as Reported	379,798	387,316	358,233	328,033	122,294	129,908
Advertising Expenses	-	103.4	349.6	64.4	1	9.3

Source: S&P Capital IQ. Standard template. Financial Sources.