Jindal Steel & Power Ltd (JSP IN) - Enterprise Value

In Millions of INR except Per Share

12 Months Ending
Market Capitalization
- Cash & Equivalents
+ Preferred Equity
+ Minority Interest
+ Total Debt
Enterprise Value
Total Capital
Total Debt/Total Capital
Total Debt/EV
EV/Sales
EV/EBITDA
EV/EBIT
EV/Cash Flow to Firm
EV/Free Cash Flow to Firm
Diluted Market Cap
Diluted Enterprise Value
Periodic EV to Shares Outstanding
Reference Items
Trailing 12 Month Values for Ratios
Sales
EBITDA
EBIT
Cash Flow To Firm
Free Cash Flow To Firm
Source: Bloomberg

Current
07/11/2016
62,991.1
6,204.1
0.0
7,859.0
438,062.8
502,708.8

FY 2016
03/31/2016
55,122.7
6,204.1
0.0
7,859.0
438,062.8
494,840.4

FY 2015
03/31/2015
143,456.9
25,614.1
0.0
8,572.5
455,007.4
581,422.7

632,793.4
69.23
0.87

632,793.4
69.23
0.89

674,000.6
67.51
0.78

2.82
14.61
80.96

2.78
14.38
79.69

3.00
9.80
18.18

62,990.9
502,708.6
540.87

55,122.7
494,840.4
540.87

143,456.1
581,421.9
635.50

178,124.4
33,985.9
5,792.0

178,124.4
34,403.4
6,209.5

194,006.7
59,314.2
31,985.9

FY 2014
03/31/2014
267,558.4
9,497.9
0.0
10,802.2
363,681.9
632,544.6

FY 2013
03/31/2013
325,088.5
1,878.0
0.0
5,572.7
246,181.6
574,964.8

FY 2012
03/31/2012
509,624.7
1,327.1
0.0
3,071.0
157,489.4
668,858.0

FY 2011
03/31/2011
651,465.8
4,498.1
0.0
2,334.5
133,036.2
782,338.4

FY 2010
03/31/2010
654,750.7
1,682.7
0.0
1,659.1
86,042.9
740,770.0

FY 2009
03/31/2009
186,441.5
10,218.9
10.0
44.6
81,133.1
257,410.3

600,589.5
60.55
0.57

464,276.9
53.02
0.43

341,671.4
46.09
0.24

276,473.7
48.12
0.17

191,869.8
44.84
0.12

151,692.6
53.49
0.32

3.28
11.44
17.10
17.05

2.90
9.39
12.55
20.64

3.67
9.41
11.69
18.30

5.97
12.09
14.71
23.89

6.68
12.30
14.88
13.50

2.37
4.69
5.77
6.86
725.80

272,081.8
637,068.0
691.39

325,088.5
574,964.8
615.04

509,496.9
668,730.2
715.48

651,508.3
782,380.9
837.38

659,337.9
745,357.2
795.47

187,900.5
258,869.3
277.41

192,863.1
55,287.1
36,995.1
37,102.1
-97,082.0

198,067.8
61,217.4
45,825.2
27,863.1
-56,149.3

182,086.0
71,086.0
57,221.3
36,548.6
-24,055.2

131,121.5
64,685.9
53,175.9
32,748.9
-52,127.0

110,915.4
60,205.0
49,774.8
54,863.9
-10,266.9

108,747.3
54,887.4
44,627.3
37,542.9
354.7

FY 2008
03/31/2008
318,700.0
7,709.3
10.0
62.4
69,960.7
381,023.8
108,580.9
64.43
0.18
6.94
15.87
19.83
24.24

327,276.9
389,600.7
412.47

54,889.8
24,002.8
19,210.3
15,721.4
-4,704.9

Jindal Steel & Power Ltd (JSP IN) - Multiples

In Millions of INR except Per Share
12 Months Ending
P/E
Average
High
Low

Current
07/11/2016

FY 2016
03/31/2016

FY 2015
03/31/2015

10.67
16.56
6.28

P/Book
Average
High
Low

0.34

0.29
0.38
0.72
0.23

0.68
0.89
1.38
0.52

P/Tangible Book
Average
High
Low

0.35

0.30
0.51
0.98
0.30

0.93
1.12
1.74
0.66

7.89
12.25
4.65

2.82

2.78
2.67
3.04
2.51

3.00
2.93
3.51
2.50

EV/EBITDA
Average
High
Low

14.61

14.38
8.74
14.38
8.21

9.80
10.22
12.23
8.74

EV/EBIT
Average
High
Low

80.96

79.69
16.42
79.69
15.22

18.18
15.29
18.27
13.05

Price/Share
High
Low

68.85
72.65
67.35

60.25
169.60
48.10

156.80
351.00
125.05

P/Cash Flow
Average
High
Low

EV/Sales
Average
High
Low

Enterprise Value
Average
High
Low
Source: Bloomberg

502,708.8

494,840.4
517,028.7
589,382.4
486,821.7

581,422.7
565,386.9
676,001.7
482,963.0

FY 2014
03/31/2014
14.25
8.25
14.25
6.01

FY 2013
03/31/2013
11.17
9.87
12.79
7.86

FY 2012
03/31/2012
12.85
14.21
17.77
11.09

FY 2011
03/31/2011
17.36
17.59
19.54
15.94

FY 2010
03/31/2010
18.32
16.67
22.67
5.89

FY 2009
03/31/2009
6.12
17.52
29.83
6.12

1.18
1.13
1.54
0.82

1.53
2.16
2.80
1.53

2.81
3.78
4.73
2.81

4.62
6.03
6.71
4.62

6.29
7.20
9.80
2.55

2.64
5.79
9.86
2.22

1.50
1.20
1.65
0.88

1.63
2.19
2.85
1.63

2.86
3.82
4.78
2.86

4.67
6.10
6.78
4.67

6.36
7.29
9.93
2.58

2.68
5.83
9.93
2.24

10.54
11.63
15.95
8.50

15.80
12.56
16.27
10.00

16.35
18.08
22.59
14.11

22.07
12.30
22.07
11.11

12.77
15.16
20.64
5.36

5.57
16.56
28.20
5.57

3.28
2.47
3.28
2.14

2.90
3.02
3.66
2.59

3.67
5.06
6.08
3.67

5.97
6.46
7.09
5.92

6.68
5.34
7.03
2.30

2.37
5.23
8.06
2.37

11.44
8.00
11.44
6.94

9.39
7.75
9.39
6.63

9.41
10.27
12.33
8.46

12.09
11.90
13.06
10.91

12.30
10.57
13.92
4.57

4.69
11.96
18.43
4.69

17.10
10.69
17.10
9.27

12.55
9.63
12.55
8.23

11.69
12.50
15.00
10.29

14.71
14.40
15.80
13.20

14.88
13.00
17.13
5.62

5.77
14.94
23.03
5.77

292.45
360.50
181.55

347.75
554.40
320.40

545.15
723.90
435.55

697.30
796.10
572.70

703.10
778.00
191.68

200.93
416.67
86.22

632,544.6
489,250.0
632,544.6
424,690.2

574,964.8
550,591.5
666,427.4
471,047.1

668,858.0
664,768.0
797,707.1
547,383.5

782,338.4
716,755.6
786,523.2
656,834.0

740,770.0
580,508.2
764,261.2
250,582.8

257,410.3
287,682.2
442,412.6
148,411.4

FY 2008
03/31/2008
25.02
32.84
71.93
9.79
8.27
9.07
19.85
2.70
8.32
9.09
19.91
2.71
23.64
15.64
34.15
4.65

6.94
8.09
15.94
3.48
15.87
20.07
39.55
8.63
19.83
26.31
51.84
11.32
345.00
559.53
73.83

381,023.8
285,389.5
561,119.2
122,464.8

Jindal Steel & Power Ltd (JSP IN) - Per Share

In Millions of INR except Per Share
12 Months Ending
Basic Shares Outstanding
Diluted Weighted Avg Shares
Basic Weighted Avg Shares
Per Share Data Items
Revenue
EBITDA
Operating Income
Net Income to Common - Basic
Net Income before XO - Basic
Normalized Net Income - Basic
Net Income to Common - Diluted
Net Income before XO - Diluted
Normalized Net Income - Diluted
Dividends

Last 12M
03/31/2016
914.9
914.6
914.6

FY 2016
03/31/2016
914.9
914.9
914.9

FY 2015
03/31/2015
914.9
914.9
914.9

194.71
37.15
6.33
-20.79
-20.79
-19.11
-20.79
-20.79
-19.11

194.69
37.60
6.79
-20.79
-20.79
-19.10
-20.79
-20.79
-19.10

212.05
64.83
34.96
-13.97
-13.97
-0.31
-13.97
-13.97
-0.31
0.00

-25.67
-81.38

6.78
204.25
198.26

28.00
229.99
169.02

Cash Flow
Free Cash Flow
Cash & Equivalents
Book Value
Tangible Book Value
Source: Bloomberg

6.78
204.25
198.26

FY 2014
03/31/2014
914.9
930.4
930.4

FY 2013
03/31/2013
934.8
934.8
934.8

FY 2012
03/31/2012
934.8
934.6
934.6

FY 2011
03/31/2011
934.3
934.3
934.3

FY 2010
03/31/2010
931.2
937.8
930.7

FY 2009
03/31/2009
927.9
935.2
927.1

207.30
59.43
39.76
20.53
20.53
20.53
20.53
20.53
20.53
1.50

211.87
65.48
49.02
31.13
31.13
31.13
31.13
31.13
31.13
1.60

194.83
76.06
61.23
42.42
42.42
42.42
42.42
42.42
42.42
1.60

140.34
69.23
56.91
40.18
40.18
40.18
40.18
40.18
40.18
1.50

119.17
64.69
53.48
38.39
38.39
38.39
38.10
38.10
38.10
1.25

117.30
59.21
48.14
32.85
32.85
32.85
32.57
32.57
32.57
0.92

27.75
-116.48

22.01
-67.86

33.35
-31.49

31.59
-59.25

55.08
-14.90

36.09
-4.03

10.38
247.14
194.95

2.01
227.34
213.20

1.42
193.74
190.49

4.81
151.03
149.37

1.81
111.86
110.62

11.01
75.98
75.02

FY 2008
03/31/2008
923.8
948.6
923.8

59.42
25.98
20.80
13.79
13.79
13.79
13.43
13.43
13.43
0.67
14.59
-7.52
8.35
41.73
41.45

Jindal Steel & Power Ltd (JSP IN) - Stock Value

In Millions of INR except Per Share
12 Months Ending
Last Price
Period-over-Period % Change
Open Price
High Price
Low Price
Market Capitalization
Current Shares Outstanding
Equity Float
Source: Bloomberg

Current
07/11/2016
68.85
70.30
72.65
67.35

FY 2016
03/31/2016
60.25
-61.58
156.70
169.60
48.10

FY 2015
03/31/2015
156.80
-46.38
295.40
351.00
125.05

62,991.1
914.90
428.16

55,122.7
914.90
438.07

143,456.9
914.90
485.65

FY 2014
03/31/2014
292.45
-15.90
352.90
360.50
181.55

FY 2013
03/31/2013
347.75
-36.21
543.50
554.40
320.40

FY 2012
03/31/2012
545.15
-21.82
695.00
723.90
435.55

FY 2011
03/31/2011
697.30
-0.82
713.50
796.10
572.70

FY 2010
03/31/2010
703.10
249.93
200.82
778.00
191.68

FY 2009
03/31/2009
200.93
-41.76
355.50
416.67
86.22

267,558.4
914.89
735.36

325,088.5
934.83
752.50

509,624.7
934.83
750.71

651,465.8
934.27
753.68

654,750.7
931.23
734.76

186,441.5
927.92
730.09

FY 2008
03/31/2008
345.00
335.34
77.34
559.53
73.83
318,700.0
923.76
923.76

Jindal Steel & Power Ltd (JSP IN) - Standardized

In Millions of INR except Per Share
12 Months Ending
Revenue
Product/Brand Segments
Iron & Steel
Power
Others (Including Rails)
Adjustment
Inter Segment
Geographic Segments
India
Reconciliation
Outside India
+ Other Operating Income
- Operating Expenses
Operating Income or Losses
Product/Brand Segments
Power
Iron & Steel
Others (Including Rails)
Geographic Segments
India
- Interest Expense
- Foreign Exchange Losses (Gains)
- Net Non-Operating Losses (Gains)
Pretax Income
- Income Tax Expense (Benefit)
Income Before XO Items
- Extraordinary Loss Net of Tax
- Minority/Non Controlling Interests (Credits)
Net Income/Net Profit (Losses)
- Total Cash Preferred Dividends
Net Inc Avail to Common Shareholders
Abnormal Losses (Gains)
Tax Effect on Abnormal Items
Normalized Income
Basic EPS Before Abnormal Items
Basic EPS Before XO Items
Basic Earnings per Share
Basic Weighted Avg Shares

Last 12M
03/31/2016
178,124.4

-424.4
8,687.8
-26,763.3
-6,763.0
-20,000.3
0.0
-980.1
-19,020.2
0.0
-19,020.2

FY 2016
03/31/2016
178,124.4
178,124.4
147,113.8
57,209.1
3,833.5
-5,997.4
-24,034.6
178,124.4
184,121.8
-5,997.4

5,997.4
177,912.3
6,209.5

32,801.3
-424.4
595.8
-26,763.2
-6,763.0
-20,000.2
0.0
-980.2
-19,020.0
0.0
-19,020.0

FY 2015
03/31/2015
194,006.7
194,006.7
156,312.5
57,013.4
3,314.1

-22,633.3
194,006.7
152,727.8

41,278.9
0.0
162,020.8
31,985.9
41,936.2
28,396.4
23,772.2
-10,232.4

28,528.4
3,197.4
15,661.3
-15,401.2
-881.6
-14,519.6
0.0
-1,738.4
-12,781.2
0.0
-12,781.2

2,358.3
-816.2
-17,478.1

2,358.3
-816.2
-17,477.9

19,116.4
-6,616.2
-281.0

-19.11
-20.79
-20.79
914.6

-19.10
-20.79
-20.79
914.9

-0.31
-13.97
-13.97
914.9

5,573.7
177,906.1
5,792.0

Diluted EPS Before Abnormal Items

Diluted EPS Before XO Items
Diluted EPS
Diluted Weighted Avg Shares
Reference Items
Accounting Standard
EBITDA
EBITDA Margin (T12M)
Operating Margin
Profit Margin
Sales per Employee
Dividends per Share
Total Cash Common Dividends
Interest Income
Capitalized Interest Expense
Research & Development Expense
Personnel Expenses
Export Sales
Depreciation Expense
Product/Brand Segments
Others (Including Rails)
Power
Iron & Steel
Geographic Segments
India
Rental Expense
Source: Bloomberg

-19.11
-20.79
-20.79
914.6

33,985.9
19.08
3.25
-10.68

8,944.1

-19.10
-20.79
-20.79
914.9

-0.31
-13.97
-13.97
914.9

IN GAAP
34,403.4
19.31
3.49
-10.68

9,125.1

IN GAAP
59,314.2
30.57
16.49
-6.59

0.00
0.0
2,691.4

264.5
10,903.4
16,634.7

401.8

FY 2014
03/31/2014
192,863.1
192,863.1
159,963.0
42,032.5
7,431.5

-16,563.9
192,863.1
138,508.9

54,354.2
0.0
155,868.0
36,995.1
48,228.5
19,877.1
33,209.8
-4,858.4

14,964.1
-309.5
-2,805.1
25,145.6
6,182.1
18,963.5
0.0
-140.1
19,103.6
0.0
19,103.6

FY 2013
03/31/2013
198,067.8
198,067.8
182,372.6
45,599.6
5,579.5
-19,311.5
-16,172.4
198,067.8
175,551.9
-19,311.5
41,827.4
0.0
152,242.6
45,825.2

9,560.6
540.8
-3,012.7
38,736.5
9,218.3
29,518.2
0.0
417.1
29,101.1
0.0
29,101.1

FY 2012
03/31/2012
182,086.0
182,086.0
158,932.1
44,643.2
5,397.5
-14,078.6
-12,808.2
182,086.0
160,375.5
-14,078.6
35,789.1

124,864.7
57,221.3

6,965.3
374.1
-2,204.5
52,086.4
11,863.4
40,223.0
0.0
574.0
39,649.0
0.0
39,649.0

FY 2011
03/31/2011
131,121.5
131,121.5
104,208.2
43,174.6
2,300.6
-8,868.0
-9,693.9
131,121.5
131,121.5

77,945.6
53,175.9

4,231.4
117.0
-1,200.8
50,028.3
11,830.4
38,197.9
0.0
659.1
37,538.8
0.0
37,538.8

FY 2010
03/31/2010
110,915.4
110,915.4
75,901.6
47,694.8
1,132.0
-5,279.9
-8,533.1
110,915.4
110,915.4

0.0
61,140.6
49,774.8

4,508.4
171.0
-577.7
45,673.1
9,188.9
36,484.2
0.0
754.5
35,729.7
0.0
35,729.7

FY 2009
03/31/2009
108,747.3
108,747.3
82,554.3
40,674.2
675.6
-7,579.0
-7,577.8
108,747.3
108,747.3

0.0
64,120.0
44,627.3
41,044.6
21,579.4
19,377.9
87.3
41,044.6
41,044.6
5,165.9
1,431.5
-477.0
38,506.9
8,039.5
30,467.4
0.0
10.2
30,457.2
0.0
30,457.2

0.0
0.0
19,103.6

0.0
0.0
29,101.1

0.0
0.0
39,649.0

0.0
0.0
37,538.8

0.0
0.0
35,729.7

0.0
0.0
30,457.2

20.53
20.53
20.53
930.4

31.13
31.13
31.13
934.8

42.42
42.42
42.42
934.6

40.18
40.18
40.18
934.3

38.39
38.39
38.39
930.7

32.85
32.85
32.85
927.1

20.53
20.53
20.53
930.4

31.13
31.13
31.13
934.8

42.42
42.42
42.42
934.6

40.18
40.18
40.18
934.3

38.10
38.10
38.10
937.8

32.57
32.57
32.57
935.2

IN GAAP
55,287.1
28.67
19.18
9.91

1.50
1,372.3
3,151.6

142.3
7,876.0
28,320.2

468.5

IN GAAP
61,217.4
30.91
23.14
14.69
25,419,378.85
1.60
1,495.7
1,979.0
0.0
285.7
6,414.9
16,211.3
15,392.2
15,392.2
880.4
5,887.1
8,624.7
15,392.2
15,392.2
275.1

IN GAAP
71,086.0
39.04
31.43
21.77

1.60
1,495.7
1,731.8
0.0
89.7
5,912.9
14,288.4
13,864.7
13,864.7
839.2
5,354.2
7,671.3
13,864.7
13,864.7
176.3

IN GAAP
64,685.9
49.33
40.55
28.63

1.50
1,402.9
993.0
0.0
122.5
4,149.2
10,736.1
11,510.0
11,510.0
468.8
5,127.3
5,913.9
11,510.0
11,510.0
127.3

IN GAAP
60,205.0
54.28
44.88
32.21

1.25
1,165.2
932.6
0.0
3,287.7
2,749.9
4,104.1
9,969.6
9,969.6
132.4
5,406.4
4,430.8
9,969.6
9,969.6
87.5

IN GAAP
54,887.4
50.47
41.04
28.01

0.92
852.8
599.4
0.0
31.4
2,049.7
10,213.7
9,640.6
9,640.6
34.2
5,949.5
3,656.9
9,640.6
9,640.6
52.0

FY 2008
03/31/2008
54,889.8
54,725.8
59,858.4
6,632.2
289.0
-7,382.5
-4,671.3
54,725.8
54,725.8

0.0
35,679.5
19,210.3

2,714.0
1,529.7
-450.9
15,417.5
2,681.0
12,736.5
0.0
-3.7
12,740.2
0.0
12,740.2
0.0
0.0
12,740.2
13.79
13.79
13.79
923.8

13.43
13.43
13.43
948.6

IN GAAP
24,002.8
43.73
35.00
23.21

0.67
620.2
169.2
0.0
33.6
1,471.2
6,530.1
4,792.5
4,792.5
24.5
878.8
3,889.2
4,792.5
4,792.5
9.4

Jindal Steel & Power Ltd (JSP IN) - As Reported

In Millions of INR except Per Share
12 Months Ending
Income Statement
Revenues
Revenues
Sundry/Other Operating Income
Gross Sales
Excise Taxes
Operating Expenses
Raw Materials And Consumables Used
Purchases Of Merchandise
Depreciation and Amortization
Salaries Wages and Employee Benefits
Other Operating Expenses
EBITDA - IS
Change In Merchandise Inventories
Cost of Stores and Spares
Total Expenditures
Cost Of Materials
Other Operating Income
Fuel Expense
Total Operating Expenses
Depreciation Expense
Selling General and Administrative Expenses
Preliminary Expenses Written Off
Non-Operating Expenses
Interest Expense
Foreign Exchange
Equity In Earnings of Affiliate/Joint Ventures
Interest Expense - Net
Other Non-Operating Income
Income Tax Expense (Benefit)
Income Before Income Taxes
Current Income Tax Expense (Benefit)
Deferred Income Tax Expense (Benefit)
Current Taxation - Adjustment
Business And Capital Taxes
Non-Operating Exceptionals
Other One - Time Items Non-Operating
Provision for Wealth Tax
Earnings
Diluted EPS

FY 2016
03/31/2016

FY 2015
03/31/2015

FY 2014
03/31/2014

178,124.4

194,006.7
2,256.0
206,620.5
12,613.8

192,863.1
656.3
204,782.2
11,919.1

60,762.7
205.8
28,193.9
9,125.1
16,172.9
34,827.7
4,663.2
15,105.6

5,997.4
43,683.1

818.7
27,328.3
10,903.4
72,151.1

1,571.8

192,573.8
57,107.1

23,309.7

585.2
18,292.0
7,876.0
67,637.1

-4,748.7

168,399.3
57,447.8

16,620.0

32,801.3
-424.4
14.0

-1,776.4
-6,763.0
-26,749.3

2,358.3

28,528.4

-26.3
25,837.0
-1,223.7

-15,427.5
-0.4
6,101.3
-332.5
-6,650.0
19,116.4

14,964.1

-25.5
11,812.5
-419.7

25,120.1
6,121.0
1,361.2
0.0
-1,300.1
0.0

-20.79

-13.97

20.53

Basic EPS From Continuing Operations

Minority/Non Controlling Interest
Basic EPS
Diluted EPS From Continuing Operations
Dividends Per Share
Profit After Taxation Before Minority
Profit Available for Appropriation
Amount Of Interim Dividend
Proposed Final Dividend
Corporate Dividend Tax
Net Income
Others
Partial Record Indicator
Extraordinary Items
Other Extraordinary Items - Net of Tax
Reference Items
EBITDA - IS
EBITDA Margin
R & D Expenditures
Interest Expense
Other Non-Operating Income
Expected Ret Plan Assets-Other/Healthcare
Disc Rate Used On Liabs-Other/Healthcare %
Fair Value of Post Retirement Plan Assets
Projected Post Retirement Benefit Oblig
Employer Contribution (Postretirement)
Benefits Paid (Postretirement)
Auditors Remuneration For Audit
Non-Operating Profit/Loss Disp Fix Asset
Other Operating Inc - Div Inc (Non-Oper)
Loss/Gain Disposal LT Invest/Subsid/Assoc
Sales Of Scrap Materials
Provision No Longer Required
Donations
Rental Expense
Expenditure Incurred On R&D: Capital
Expenditure Incurred On R&D: Recurring
Foreign Exchange Earnings
Interest Expenses - Non Op
Service Cost (OPRB)
Interest Cost (OPRB)
Expected Return On Plan Assets (OPRB)
Actual Return (Loss) On Plan Assets (OPRB)
Salaries Wages and Employee Benefits
Provision For Doubtful Accounts

-20.79
-980.2
-20.79
-20.79

-19,020.0

-1,738.4
-13.97

-12,781.2

-140.1
20.53

19,103.6

n/a

n/a

n/a

0.0

34,830.0
19.00

56,854.2

264.5
28,528.4
-1,223.7
9.08
7.85
456.5
670.5
7.5
-37.3
49.5
-51.3
-37.6
-385.3

-558.1
1,261.0
401.8
102.2
162.3
16,634.7

63.6
36.6
-28.5
22.5
10,903.4
526.1

55,224.6

142.3
14,964.1
-419.7
9.08
9.25
441.9
524.6
67.7
-34.2
30.7
-1.4
-3.8
-51.0

-180.4
708.2
468.5
47.6
94.7
28,320.2

63.6
29.0
-25.2
26.2
7,876.0
0.9

Foreign Exchange
(Gain)/Loss On Sale of Assets
Interest Income
Interest Expense - Net
Other Operating Income
Dividends Per Share
Basic EPS
Diluted EPS
Weighted Avg. Shares - Basic & Diluted
Product Revenue
Change In Merchandise Inventories
Cost Of Materials
Research & Development - Net
Purchases Of Merchandise
Proposed Final Dividend
Corporate Dividend Tax
Cost Of Stores And Spares
Actuarial Losses or Gains - OPEB
Loss From Sale Of Investments
Service Cost
Interest Cost (Pension)
Expected Return On Pension Plan Assets
Actual Return/Loss On Pension Plan Assets
Fair Value of Plan Assets
Benefits Paid (Pension)
Discount Rate Used On Plan Liabs-Pension %
Expected Return On Plan Assets - Pension %
Gross Sales
Other Non-Operating (Income)/Expense - Net
Provision For Doubtful Debts And Advances
Weighted Avg. Shares - Basic
Weighted Avg. Shares - Diluted
Source: Bloomberg

3,197.4
257.6
-2,691.4
25,837.0

0.00
-13.97
-13.97
914.9
267,001.7
1,571.8
57,107.1
162.3
818.7
0.0
0.0
17,543.8
-52.4

-309.5
320.1
-3,151.6
11,812.5

1.50
20.53
20.53
930.4
265,868.7
-4,748.7
57,447.8
94.7
585.2
1,372.3
241.4
19,370.9
42.0

FY 2013
03/31/2013

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

198,067.8
1,364.2
217,379.3
19,311.5

182,086.0
1,419.4
196,164.6
14,078.6

131,121.5
814.5
139,989.5
8,868.0

110,915.4
602.8
116,195.3
5,279.9

108,747.3
386.4
116,563.5
7,816.2

54,889.8
497.5
62,108.3
7,218.5

911.6

6,414.9
70,199.1

2,470.8

63,068.9

14,379.5

15,392.2

2,171.8

5,912.9
55,130.4

3,664.6

54,603.8

13,864.7

1.4

4,149.2
39,096.4

5,702.8

30,415.6

11,510.0

2,749.9

41,983.3

9,969.6
7,669.2
35.9

2,049.7

44,527.9

9,640.6
9,670.8
567.2

1,471.2

24,477.8

4,792.5
6,839.4
69.1

9,560.6

-402.0
7,581.6
-617.0

38,334.5
7,772.4
1,445.9

5,332.2

-200.3
3,600.4
-1,097.5

51,886.0
9,998.7
1,864.7

3,588.7

-157.8
2,595.7
-697.2

49,870.5
10,230.3
1,600.1

4,508.4

-138.6
3,575.8
-417.3
7,900.9
45,534.5

1,284.4
0.4

3.2

5,165.9

-395.9
4,566.5
-230.3
5,813.2
38,111.0

2,223.6

2.7

2,714.0

-225.0
2,544.8
-404.7
39.4
15,192.5

796.3

1,841.7

3.6

31.13

42.42

40.18

38.76

192.94

79.13


417.1
31.13

29,101.1

574.0
42.42

39,649.0

659.1
40.22

37,538.8

754.5
39.05

1,165.2
42.8
35,729.7

10.2
194.63

852.8
147.5
30,457.2

-3.7
81.26

33,441.9
230.9
389.3
105.5
12,740.2

No

No

No

No

No

n/a

61,308.3

285.7
9,560.6
-617.0
9.00
8.00
262.6
378.3
42.9
-22.1
14.6
-47.5
-2.5
-685.9

-11.3
721.2
275.1
143.2
142.5
16,211.3

52.4
24.9
-20.5
21.2
6,414.9
0.0

89.8
5,332.2
-1,097.5
9.00
8.50
316.3
402.1
89.7
-10.8
16.0
-110.6
-1.3
-15.7
438.7
-194.3
1,093.7
176.3
25.1
64.6
14,288.4
1,633.1
74.1
27.4
-23.2
16.6
5,912.9
1.0

122.5
3,588.7
-697.2
9.00
8.50
217.0
326.5
78.0
-7.9
11.0
-24.5

-66.9
134.8
-25.9
739.6
127.3
64.6
58.0
10,736.1
642.7
51.3
20.3
-13.9
12.6
4,149.2
-6.3

3,287.7
4,508.4
-417.3
9.00
8.50
119.0
237.9

-4.2
3.6
-40.4
-8.6
-104.8

-31.7
555.0
87.5
500.6
2,787.1
4,104.1

21.4
8.6
-8.7
6.6
2,749.9

31.4
5,165.9
-230.3
9.25
8.20
76.0
107.8

-3.7
2.3
-0.1
-34.4
-16.2

-105.4
531.2
52.0
10.7
20.7
10,213.7

13.0
6.6
-5.2
7.8
2,049.7

33.6
2,714.0
-404.7

2.7
-0.1
-9.5
-44.9

-38.3
122.9
9.4
12.6
21.0
6,530.1

1,471.2

540.8
11.3
-1,979.0
7,581.6

1.60
31.13
31.13
934.8
261,411.9
2,470.8
63,068.9
142.5
911.6
1,495.7
252.0
17,558.9

374.1
53.4
-1,731.8
3,600.4
-27,826.9
1.60
42.42
42.42
934.6
223,552.8
3,664.6
54,603.8

2,171.8
1,495.7
31.7
14,912.5

117.0
24.9
-993.0
2,595.7
-16,555.1
1.50
40.22
40.18
934.3
156,409.8
5,702.8
30,415.6

1.4
1,402.9
37.7
11,479.1

171.0
25.2
-932.6
3,575.8

1.25
39.05
38.76

670.7
22,257.1

1,168.4
42.8
8,183.0

123,196.2
516.1
-1.0
930.7
937.8

1,431.5
2.4
-599.4
4,566.5

5.50
194.63
192.94

731.0
26,722.2

856.4
147.5
8,254.2

121,763.1
371.1
-16.0
154.5
155.9

1,529.7
2.0
-169.2
2,544.8

4.00
81.26
79.13

-2,028.9
13,303.2

295.1
389.3
66.2
5,713.8

7.4
4.0
-3.4
17.3
43.7
-1.9
8.60
9.25
68,224.2
315.9
8.4
154.0
158.1

FY 2007
03/31/2007

35,198.1
289.9
39,197.9
3,999.8

937.0

16,100.0
3,365.5
4,169.5
2.7
1,590.8

-61.8
1,504.3
-199.8
1,068.0
9,409.0

1,347.5

3.0
226.15


-7.2
229.26

7,059.5

184.8
369.5
88.7

n/a

26.0
1,590.8
-199.8

0.9
-1.2
-73.0
-7.2

-8.7
114.9
4.2
10.9
15.2
5,928.4

937.0
71.7

-130.6
0.7
-86.5
1,504.3

18.00
229.26
226.15

568.6
7,729.9

103.9
369.5
62.8
3,420.6

73.3

43,365.4
141.4

30.8
31.2

Jindal Steel & Power Ltd (JSP IN) - Common Size

In Millions of INR except Per Share
12 Months Ending
Revenue
Product/Brand Segments
Iron & Steel
Power
Others (Including Rails)
Adjustment
Inter Segment
Geographic Segments
India
Reconciliation
Outside India
+ Other Operating Income
- Operating Expenses
Operating Income or Losses
- Interest Expense
- Foreign Exchange Losses (Gains)
- Net Non-Operating Losses (Gains)
Pretax Income
- Income Tax Expense (Benefit)
Income Before XO Items
- Extraordinary Loss Net of Tax
- Minority/Non Controlling Interests (Credits)
Net Income/Net Profit (Losses)
- Total Cash Preferred Dividends
Net Inc Avail to Common Shareholders
Abnormal Losses (Gains)
Tax Effect on Abnormal Items
Normalized Income
Basic EPS Before Abnormal Items
Basic EPS Before XO Items
Basic Earnings per Share
Basic Weighted Avg Shares
Diluted EPS Before Abnormal Items
Diluted EPS Before XO Items
Diluted EPS
Diluted Weighted Avg Shares
Reference Items

Last 12M
03/31/2016
178,124.4

-0.2
4.9
-15.0
-3.8
-11.2
0.0
-0.6
-10.7
0.0
-10.7

FY 2016
03/31/2016
178,124.4
178,124.4
147,113.8
57,209.1
3,833.5
-5,997.4
-24,034.6
178,124.4
184,121.8
-5,997.4

3.4
99.9
3.5
18.4
-0.2
0.3
-15.0
-3.8
-11.2
0.0
-0.6
-10.7
0.0
-10.7

FY 2015
03/31/2015
194,006.7
194,006.7
156,312.5
57,013.4
3,314.1

-22,633.3
194,006.7
152,727.8

41,278.9
0.0
83.5
16.5
14.7
1.6
8.1
-7.9
-0.5
-7.5
0.0
-0.9
-6.6
0.0
-6.6

1.3
-0.5
-9.8

1.3
-0.5
-9.8

9.9
-3.4
-0.1

0.0
0.0
0.0
0.5
0.0
0.0
0.0
0.5

0.0
0.0
0.0
0.5
0.0
0.0
0.0
0.5

0.0
0.0
0.0
0.5
0.0
0.0
0.0
0.5

3.1
99.9
3.3

Accounting Standard
EBITDA
EBITDA Margin (T12M)
Operating Margin
Profit Margin
Sales per Employee
Dividends per Share
Total Cash Common Dividends
Interest Income
Capitalized Interest Expense
Research & Development Expense
Personnel Expenses
Export Sales
Depreciation Expense
Rental Expense
Source: Bloomberg

19.1
0.0
0.0
0.0

5.0

IN GAAP
19.3
0.0
0.0
0.0

5.1

IN GAAP
30.6
0.0
0.0
0.0

0.0
0.0
1.4

0.1
5.6
8.6

0.2

FY 2014
03/31/2014
192,863.1
192,863.1
159,963.0
42,032.5
7,431.5

-16,563.9
192,863.1
138,508.9

54,354.2
0.0
80.8
19.2
7.8
-0.2
-1.5
13.0
3.2
9.8
0.0
-0.1
9.9
0.0
9.9

FY 2013
03/31/2013
198,067.8
198,067.8
182,372.6
45,599.6
5,579.5
-19,311.5
-16,172.4
198,067.8
175,551.9
-19,311.5
41,827.4
0.0
76.9
23.1
4.8
0.3
-1.5
19.6
4.7
14.9
0.0
0.2
14.7
0.0
14.7

FY 2012
03/31/2012
182,086.0
182,086.0
158,932.1
44,643.2
5,397.5
-14,078.6
-12,808.2
182,086.0
160,375.5
-14,078.6
35,789.1

68.6
31.4
3.8
0.2
-1.2
28.6
6.5
22.1
0.0
0.3
21.8
0.0
21.8

FY 2011
03/31/2011
131,121.5
131,121.5
104,208.2
43,174.6
2,300.6
-8,868.0
-9,693.9
131,121.5
131,121.5

59.4
40.6
3.2
0.1
-0.9
38.2
9.0
29.1
0.0
0.5
28.6
0.0
28.6

FY 2010
03/31/2010
110,915.4
110,915.4
75,901.6
47,694.8
1,132.0
-5,279.9
-8,533.1
110,915.4
110,915.4

0.0
55.1
44.9
4.1
0.2
-0.5
41.2
8.3
32.9
0.0
0.7
32.2
0.0
32.2

FY 2009
03/31/2009
108,747.3
108,747.3
82,554.3
40,674.2
675.6
-7,579.0
-7,577.8
108,747.3
108,747.3

0.0
59.0
41.0
4.8
1.3
-0.4
35.4
7.4
28.0
0.0
0.0
28.0
0.0
28.0

0.0
0.0
9.9

0.0
0.0
14.7

0.0
0.0
21.8

0.0
0.0
28.6

0.0
0.0
32.2

0.0
0.0
28.0

0.0
0.0
0.0
0.5
0.0
0.0
0.0
0.5

0.0
0.0
0.0
0.5
0.0
0.0
0.0
0.5

0.0
0.0
0.0
0.5
0.0
0.0
0.0
0.5

0.0
0.0
0.0
0.7
0.0
0.0
0.0
0.7

0.0
0.0
0.0
0.8
0.0
0.0
0.0
0.8

0.0
0.0
0.0
0.9
0.0
0.0
0.0
0.9

IN GAAP
28.7
0.0
0.0
0.0

0.0
0.7
1.6

0.1
4.1
14.7

0.2

IN GAAP
30.9
0.0
0.0
0.0
12,833.7
0.0
0.8
1.0
0.0
0.1
3.2
8.2
7.8
0.1

IN GAAP
39.0
0.0
0.0
0.0

0.0
0.8
1.0
0.0
0.0
3.2
7.8
7.6
0.1

IN GAAP
49.3
0.0
0.0
0.0

0.0
1.1
0.8
0.0
0.1
3.2
8.2
8.8
0.1

IN GAAP
54.3
0.0
0.0
0.0

0.0
1.1
0.8
0.0
3.0
2.5
3.7
9.0
0.1

IN GAAP
50.5
0.0
0.0
0.0

0.0
0.8
0.6
0.0
0.0
1.9
9.4
8.9
0.0

FY 2008
03/31/2008
54,889.8
54,725.8
59,858.4
6,632.2
289.0
-7,382.5
-4,671.3
54,725.8
54,725.8

0.0
65.0
35.0
4.9
2.8
-0.8
28.1
4.9
23.2
0.0
0.0
23.2
0.0
23.2
0.0
0.0
23.2
0.0
0.0
0.0
1.7
0.0
0.0
0.0
1.7

IN GAAP
43.7
0.1
0.1
0.0

0.0
1.1
0.3
0.0
0.1
2.7
11.9
8.7
0.0

Jindal Steel & Power Ltd (JSP IN) - Standardized

In Millions of INR except Per Share
12 Months Ending
Assets
+ Cash & Near Cash Items
+ Short-Term Investments
+ Accounts & Notes Receivable
+ Inventories
+ Other Current Assets
Total Current Assets
+ LT Investments & LT Receivables
+ Net Fixed Assets
+ Gross Fixed Assets
- Accumulated Depreciation
+ Other Long-Term Assets
Total Long-Term Assets
Total Assets
Product/Brand Segments
Iron & Steel
Unallocated Assets
Power
Others (Including Rails)
Reconciliation
Geographic Segments
India
Outside India
Liabilities & Shareholders' Equity
+ Accounts Payable
+ Short-Term Borrowings
+ Other Short-Term Liabilities
Total Current Liabilities
+ Long-Term Borrowings
+ Other Long-Term Liabilities
Total Long-Term Liabilities
Total Liabilities
Product/Brand Segments
Unallocated Liabilities
Iron & Steel
Power
Others (Including Rails)
Adjustment
Geographic Segments

FY 2016
03/31/2016
BS_CASH_NEAR_CASH
BS_MKT_SEC_OTHER_
BS_ACCT_NOTE_RCV
BS_INVENTORIES
BS_OTHER_CUR_ASS
BS_CUR_ASSET_REP
BS_LT_INVEST
BS_NET_FIX_ASSET
BS_GROSS_FIX_ASSE
BS_ACCUM_DEPR
BS_OTHER_ASSETS_
BS_TOT_NON_CUR_A
BS_TOT_ASSET

6,203.8
0.3
14,291.8
32,770.4
85,821.1
139,087.4
25,073.3
568,049.3

6,696.7
599,819.3
738,906.7

BS_ACCT_PAYABLE
BS_ST_BORROW
BS_OTHER_ST_LIAB
BS_CUR_LIAB
BS_LT_BORROW
BS_OTHER_LT_LIABILI
NON_CUR_LIAB
BS_TOT_LIAB2

23,177.4
77,779.5
66,419.6
167,376.5
360,283.3
16,516.3
376,799.6
544,176.1

India
Reconciliation
+ Total Preferred Equity
+ Minority Interest
+ Share Capital & APIC
+ Retained Earnings & Other Equity
Total Equity
Total Liabilities & Equity
Reference Items
Accounting Standard
Shares Outstanding
Number of Treasury Shares
Amount of Treasury Shares
Pension Obligations
Operating Leases
Capital Leases - Short Term
Capital Leases - Long Term
Capital Leases - Total
Percent Of Foreign Ownership
Number Of Shareholders
Options Granted During Period
Options Outstanding at Period End
Net Debt
Net Debt to Equity
Tangible Common Equity Ratio
Current Ratio
Inventory - Raw Materials
Inventory - Work in Progress
Inventory - Finished Goods
Other Inventory/Allowances
Pure Retained Earnings
Goodwill
Investments in Associated Companies
Number of Employees
Source: Bloomberg

BS_PFD_EQY
MINORITY_NONCONTR
BS_SH_CAP_AND_API
BS_RETAIN_EARN
TOTAL_EQUITY
TOT_LIAB_AND_EQY

0.0
7,859.0
914.9
185,956.7
194,730.6
738,906.7

ACCOUNTING_STAND
BS_SH_OUT
BS_NUM_OF_TSY_SH
BS_AMT_OF_TSY_STO
BS_PENSION_RSRV
BS_FUTURE_MIN_OPE
ST_CAPITAL_LEASE_O
LT_CAPITAL_LEASE_O
BS_TOTAL_CAPITAL_L
BS_PERCENT_OF_FO
BS_NUM_OF_SHAREH
BS_OPTIONS_GRANTE
BS_OPTIONS_OUTSTA
NET_DEBT
NET_DEBT_TO_SHRHL
TCE_RATIO
CUR_RATIO
INVTRY_RAW_MATERI
INVTRY_IN_PROGRES
INVTRY_FINISHED_G
BS_OTHER_INV
BS_PURE_RETAINED_
BS_GOODWILL
BS_INVEST_IN_ASSO
NUM_OF_EMPLOYEES

IN GAAP
914.9
0.0
0.0

431,858.7
221.77
24.73
0.83

5,484.5

Operating Assets
Cash and near cash items
Short term investment
Accounts and Notes Receivables
Inventories
Other current assets

2016
3562.488
0.3
14291.8
32770.4
85821.1

2015
3880.134
14582.3
16907
48486.9
72314.8

Net Fixed Assets

Other Long term Assets
Total

568049.3
6696.7
711192.088

501381.4
89458.8
747011.334

23177.4
77779.5
66419.6
167376.5

20532.9
101011.7
34772
156316.6

543815.588

590694.734

25073.3
2,641.3
27714.612

1203.1
7,151.7
8354.766

360283.3
16516.3
376799.6

353995.7
26060.6
380056.3

349084.988

371701.534

914.9
185956.7
7859
194730.6

965.2
209455.5
8572.5
218993.2

543815.588

590694.734

Operating Liabilities
Accounts payable
Short term borrowings
Other short term liabilities
Total
Net Operating Assets
Financial Assets
Long term investments and receivables
Cash and near cash items
Total
Financial Liabilities
Long term borowings
Other Long term liabilites
Total
Net Financial Obligations
Share Capital
Retained Earnings
Minority Interest
Common shareholders equity
NFO + CSE

FY 2015
03/31/2015

FY 2014
03/31/2014

FY 2013
03/31/2013

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

11,031.8
14,582.3
16,907.0
48,486.9
72,314.8
163,322.8
1,203.1
501,381.4
623,822.7
122,441.3
89,458.8
592,043.3
755,366.1
755,366.1
354,077.5
171,788.3
166,999.4
62,500.9

755,366.2
651,671.3
103,694.9

9,402.6
95.3
17,724.1
48,812.4
53,475.7
129,510.1
640.7
480,256.5
575,271.9
95,015.4
78,727.1
559,624.3
689,134.4
689,134.4
237,954.9
208,231.3
163,811.7
79,136.5

689,134.4
609,010.1
80,124.3

1,745.4
132.6
19,541.3
45,241.7
85,151.1
151,812.1
8,108.1
373,373.9
446,968.7
73,594.8
37,432.3
418,914.3
570,726.4
570,726.5
220,169.0
185,732.6
138,721.7
26,103.2

570,726.4
570,726.4

1,316.5
10.6
13,067.5
35,795.3
71,780.2
121,970.1
1,988.2
299,346.8
357,252.8
57,906.0
26,770.3
328,105.3
450,075.4
450,075.4
177,400.4
138,651.7
103,324.1
30,699.2

450,075.4
450,075.4

1,448.1
3,050.0
11,537.0
27,734.3
48,521.5
92,290.9
1,391.1
241,712.2
285,710.0
43,997.8
25,494.8
268,598.1
360,889.0
360,889.0
153,800.2
92,854.0
97,639.4
16,595.4

360,889.0
360,889.0

888.1
794.6
7,533.2
14,308.2
45,541.3
69,065.4
1,199.8
178,299.2
210,907.3
32,608.1
2,659.7
182,158.7
251,224.1
251,224.1
118,501.7
34,664.2
85,516.2
12,542.0

251,224.1
251,224.1

20,532.9
101,011.7
34,772.0
156,316.6
353,995.7
26,060.6
380,056.3
536,372.9
536,372.9
508,582.1
21,628.2
11,430.4
3,304.7
-8,572.5
536,372.9

26,015.8
104,679.4
44,867.5
175,562.7
259,002.5
17,661.6
276,664.1
452,226.8
452,226.8
405,820.1
27,588.2
12,581.4
17,039.3
-10,802.2
452,226.8

13,982.0
92,165.2
73,157.1
179,304.3
154,016.4
19,310.4
173,326.8
352,631.1
352,631.1
67,561.0
30,450.3
5,570.6
2,867.7
246,181.5
352,631.1

12,513.6
45,693.1
82,214.9
140,421.6
111,796.3
13,675.5
125,471.8
265,893.4
265,893.4
67,887.3
19,568.5
4,210.5
2,794.2
171,432.9
265,893.4

9,335.5
59,259.8
63,417.8
132,013.1
73,776.4
11,662.0
85,438.4
217,451.5
217,451.5
53,843.5
19,944.0
218.5
3,717.2
139,728.3
217,451.5

22,656.7
14,276.8
28,242.9
65,176.4
71,766.1
8,454.7
80,220.8
145,397.2
145,397.2
26,186.1
22,421.2
10,155.6
591.4
86,042.9
145,397.2

544,945.4
-8,572.5
0.0
8,572.5
965.2
209,455.5
218,993.2
755,366.1

463,029.0
-10,802.2
0.0
10,802.2
959.9
225,145.5
236,907.6
689,134.4

106,449.6
246,181.5
0.0
5,572.7
2,207.0
210,315.6
218,095.3
570,726.4

94,460.5
171,432.9
0.0
3,071.0
2,207.0
178,904.0
184,182.0
450,075.4

217,451.5

0.0
2,334.5
2,168.6
138,934.4
143,437.5
360,889.0

145,397.2

0.0
1,659.1
1,914.4
102,253.4
105,826.9
251,224.1

IN GAAP
914.9
0.0
0.0
420.1
2,692.6
0.0
0.0
0.0
22.35
166,374.00
0.0
0.0
429,393.3
196.08
22.10
1.04
16,392.0
1,496.5
17,765.0
12,833.4
167,183.9
5,484.5
2,324.8

IN GAAP
914.9
0.0
0.0
249.7
2,730.5
0.0
0.0
0.0
23.18
135,595.00
0.0
0.0
354,184.0
149.50
27.81
0.74
21,378.1
1,381.6
14,016.7
12,036.0
185,010.7
5,930.2
2,777.6

IN GAAP
934.8
0.0
0.0
327.1

0.0
0.0
0.0
22.60
132,321.00

244,303.6
112.02
35.75
0.85
15,201.2
2,005.1
17,613.5
10,421.9
177,350.7
1,542.5

7,792.00

IN GAAP
934.8
0.0
0.0

0.0
0.0
0.0
23.17
126,688.00

156,162.3
84.79
39.84
0.87
9,815.5
1,790.3
15,061.0
9,128.5
151,690.5
917.6
1,788.0

IN GAAP
934.3
0.0
0.0

0.0
0.0
0.0
24.53
123,864.00

128,538.1
89.61
38.84
0.70
9,157.4
1,655.8
11,363.4
5,557.7
119,590.0
1,017.7
1,587.7

IN GAAP
931.2
0.0
0.0

24.66
151,696.00

84,360.2
79.72
41.19
1.06
3,115.7
1,197.2
5,874.4
4,120.9
86,605.0
1,006.6
1,429.9

2014
3857.262
95.3
17724.1
48812.4
53475.7

2013

2012

2011

2010

2009

1,745.4

1,316.5

1,448.1

888.1

2,123.2

132.6
19541.3
45241.7
85151.1

10.6
13067.5
35795.3
71780.2

3050
11537
27734.3
48521.5

794.6
7533.2
14308.2
45541.3

8095.7
5741.1
12402.7
35823.1

480256.5
78727.1
682948.362

373373.9
37432.3
562618.3

299346.8
26770.3
448087.2

241712.2
25494.8
359497.9

178299.2
2659.7
250024.3

126328.8
2220.8
192735.4

26015.8
104679.4
44867.5
175562.7

13982
92165.2
73157.1
179304.3

12513.6
45693.1
82214.9
140421.6

9335.5
59259.8
63417.8
132013.1

22656.7
14276.8
28242.9
65176.4

15740.1
21115.4
18453.6
55309.1

507385.662

383314

307665.6

227484.8

184847.9

137426.3

640.7
5,545.3
6186.038

8108.1
0.0
8108.1

1988.2
0.0
1988.2

1391.1
0.0
1391.1

1199.8
0.0
1199.8

321.2
0.0
321.2

259002.5
17661.6
276664.1

154016.4
19310.4
173326.8

111796.3
13675.5
125471.8

73776.4
11662
85438.4

71766.1
8454.7
80220.8

60017.7
7170.3
67188

270478.062

165218.7

123483.6

84047.3

79021

66866.8

959.9
225145.5
10802.2
236907.6

2207
210315.6
5572.7
218095.3

2207
178904
3071
184182

2168.6
138934.4
2334.5
143437.5

1914.4
102253.4
1659.1
105826.9

1727.9
68777
44.6
70549.5

507385.662

383314

307665.6

227484.8

184847.9

137416.3

FY 2009
03/31/2009

FY 2008
03/31/2008

2,123.2
8,095.7
5,741.1
12,402.7
35,823.1
64,185.8
321.2
126,328.8
148,729.1
22,400.3
2,220.8
128,870.8
193,056.6
193,056.6
92,075.5
34,113.3
66,620.6
243.4
3.8
193,056.6
193,056.6

1,101.6
6,607.7
3,549.6
9,960.7
14,833.3
36,052.9
308.0
94,626.9
106,776.5
12,149.6
2,124.1
97,059.0
133,111.9
133,093.7
54,592.5
24,437.0
53,100.3
961.9
2.0
13,311.2
13,311.2

15,740.1
21,115.4
18,453.6
55,309.1
60,017.7
7,170.3
67,188.0
122,497.1
122,497.1
16,152.5
23,700.6
421.6
234.2
81,988.2
122,497.1

9,416.0
7,494.3
10,168.3
27,078.6
62,466.4
4,946.7
67,413.1
94,491.7
179,330.5
11,047.8
94,491.7
3,727.0
83.5
69,980.5
94,491.7

FY 2007
03/31/2007
583.2 2% sales-OA
507.9 OA
3,203.1 OA
6,424.4 OA
9,314.9 OA
20,033.5
308.6 FA
79,045.3 OA
86,877.0
7,831.7
776.1 OA
80,130.0
100,163.5
100,163.5
40,857.9
48,156.5
10,668.3
480.8

100,163.5
100,163.5

9,903.4 Operating
21,919.5 Operating
6,105.1 Operating
37,928.0
32,440.7 Financial
4,150.4 Financial
36,591.1
74,519.1
74,519.1
13,189.2
6,641.6
272.1
56.0
54,360.2
74,519.1

122,497.1

10.0
44.6
1,727.9
68,777.0
70,559.5
193,056.6

94,491.7

10.0
62.4
1,587.6
36,960.2
38,620.2
133,111.9

74,519.1

10.0
53.9
1,587.6
23,992.9
25,644.4
100,163.5

IN GAAP
927.9
0.0
0.0

19.85
84,410.00

70,914.2
100.50
36.22
1.16
3,089.5
613.7
5,703.2
2,996.3
59,123.1

1,292.2

IN GAAP
923.8
0.0
0.0

2.0

24.12
83,961.00

62,251.4
161.19
28.82
1.33
3,226.7
634.7
4,951.2
1,148.1
31,466.2

898.8

IN GAAP
923.8
0.0
0.0

26.3

24.49
29,639.00

53,269.1
207.72
25.49
0.53
2,058.3
388.7
3,159.1
818.3
20,643.4

673.7

2008
1097.796
6607.7
3549.6
9960.7
14833.3

2007
583.2

507.9
3203.1
6424.4
9314.9

94626.9
2124.1
132800.096

79045.3
776.1
99854.9

9416
7494.3
10168.3
27078.6

9903.4
21919.5
6105.1
37928

105721.496

61926.9

308
3.8
311.804

308.6
0.0
308.6

62466.4
4946.7
67413.1

32440.7
4150.4
36591.1

67101.296

36282.5

1587.6
36960.2
62.4
38610.2

1587.6
23992.9
53.9
25634.4

105711.496

61916.9

Jindal Steel & Power Ltd (JSP IN) - As Reported

In Millions of INR except Per Share
12 Months Ending
Balance Sheet
Stockholder Equity
Minority/Non Controlling Int (Stckhldrs Eqty)
Total Share Capital
Total Shareholders Equity Excluding Minority
Total Reserve
ESOP Shares (Amount)
Total Shareholders Equity
Total Liabilities and Shareholders Equity
Non Current Liabilities
Deferred Income Taxes (Liabilities)
Long Term Debt
Other Noncurrent Liabilities
Deferred Tax Liabilities (Long-Term)
Total Noncurrent Liabilities
Provisions For Liabilities And Charges & Other
Other Liabilities That Are LT Borrowings
Other Provisions For Liabilities And Charges
Interest Bearing Liabilities (Noncurrent)
Shareholder Equity And Long Term Liabilities
Noncurrent Assets
Total Non-Current Assets
Property Plant & Equipment - Net
Total Intangible Assets - Net
Other Intangible Assets
Goodwill
Other Noncurrent Assets
Construction In Progress
Long-Term Loans And Other Debtors
Long Term Investments
Total Fixed Assets & Materials
Accumulated Depreciation
Deferred Costs
Total Assets
Current Assets
Cash and Equivalents
Accounts Receivable - Trade
Inventories
Prepaid Expenses and Other
Other Current Assets

FY 2016
03/31/2016

FY 2015
03/31/2015

FY 2014
03/31/2014

7,859.0
914.9
186,871.5
185,956.6

738,906.7

8,572.5
914.9

209,505.8

755,366.1

10,802.2
914.9

225,190.5

689,134.4

360,283.3
1,216.3
13,476.6
376,799.6
1,823.4

20,184.7

4,282.7

1,548.9
353,995.7
1,593.2

14,726.7

1,668.0

4,124.3
259,002.5
1,266.9

599,819.3
568,049.3

5,484.5
1,212.2

21,532.6
3,540.7

738,906.7

427,376.1
33,572.9
16,722.4
5,484.5
469.7
74,005.3
30,884.5
3,527.9

755,366.1

316,340.5
27,618.8
14,195.7
5,930.2
6.4
163,916.0
28,198.4
3,418.3

689,134.4

6,203.8
14,291.8
32,770.4

14,087.1

11,390.7
16,907.0
48,486.9
9,841.3

10,152.8
17,724.1
48,812.4
6,740.7

Short-Term Investments
Short-Term Loans
Investment in Mutual Funds - Short Term
Total Current Assets
Current Liabilities
Short-Term Provisions
Accrued Expenses and Other
Short-Term Borrowings
Trade Payable And Other Payables
Accounts Payable - Trade
Other Current Liabilities
Net Current Assets
Total Assets Less Current Liabilities
Total Current Liabilities
Reference Items
Common Stock
Par Value
Restricted Cash (ST)
Land and Buildings
Property Plant & Equipment - Gross
Patents/Trademarks/Copyrights
Accounts Payable - Trade
Raw Materials
Work In Progress
Finished Goods
Income Taxes Accrued/Payable
Shares Issued
Other Gross Fixed Assets
Other Inventory
Future Minimum Operating Lease Obligations
Rental Expense - Year 1
Rental Expense - Beyond Year 5
Allowance For Doubtful Accounts
Capitalized Software - Net
Cumulative Translation Adjustment
% Of Foreign Shareholders
Authorized Capital
Capital Redemption Reserve
Capital Reserve
Total Contingent Payable
Margin Deposits
Total Number Of Shareholders
Shares Authorized
Other Short-Term Loans/Borrowings
Trade Receivables-Gross

0.3
71,734.0

139,087.4

62,372.9
14,324.0

46,079.7
0.4

648.0

77,779.5

23,177.4
65,771.6

167,376.5

68,523.4
20,532.9
20,532.9
65,711.4

83,295.8
26,015.8
26,015.8
62,126.8

914.9
1.00

914.9
1.00
100.6
72,447.3
437,885.4
33,399.9
20,532.9
16,392.0
1,496.5
14,841.4
0.0
914.9
22,794.6
308.1
2,692.6
269.3
1,346.3
450.6
169.9
812.3
22.35
2,000.0
720.0
15,722.7
84,774.4
0.0
166,374.00
2,000.0
32,488.3
17,357.6

914.9
1.00
382.1
50,982.3
331,171.2
27,447.1
26,015.8
21,378.1
1,381.6
12,905.5
1,193.1
914.9
13,211.1
507.9
2,730.5
248.2
1,489.4
13.1
166.8
2,810.5
23.18
2,000.0
720.0
15,148.9
70,416.3
273.2
135,595.00
2,000.0
21,383.6
17,737.2

Capital Commit Contracted Not Provided For

Equity Investments Associates/Affiliates
Other Provisions - Current
Pension/Postretirement Provisions ST
Pension/Postretirement Provisions LT
Tools Furniture And Fixtures
ARDR Commercial Paper Current
Motor Vehicles - Gross
Short Term Loan (Secured)
Short Term Loan (Unsecured)
Long Term Loan (Secured)
Long Term Loan (Unsecured)
Fixed Deposits
Cash on Hand
Spares And Consumables
General Reserves
Goods In Transit
Land - Net
Leasehold Rights
Operating Leases Expiring Within 2 & 5 Yrs
Borrow & Deposits - From Finl Institutions
Common Stock & Subscribed Stock
Debt Securities In Issue - Long Term
Provision For Wealth Tax
Cash Equivalents
Book Value Per Share
Accounts Receivable - Trade
Accumulated Depreciation
Deferred Income Tax Asset (LT)
Total Intangible Assets - Net
Other Intangible Assets
Interest Accrued/Payable
Deferred Income Taxes (Liabilities)
Additional Paid In Capital
Retained Earnings (Accumulated Deficit)
Shares Outstanding
Other Reserves
Deferred Tax - Net
Authorized Preferred Stocks (Amount)
Preferred Stock
Buildings
Options Granted During Period
Options Outstanding End Period
Current Portion of Long-Term Debt
Subscribed Capital

59,915.1
2,324.8
0.0
1,542.3
420.1
1,214.7
10,000.0
2,964.7
36,342.0
32,181.4
287,535.5
66,460.2
258.3
16.4
12,525.3
16,134.8
2,923.6
5,424.3
7,086.4
1,077.0
358,553.7
914.9
44,120.0
6.6
11,015.4
211.72
16,907.0
122,441.3
21,424.8
33,573.0
16,725.6
2,047.9
41,609.5
50.3
167,183.9
914.9
8,881.8
20,184.7

46,473.8
2,777.6
1,384.5
1,535.5
249.7
1,008.4
15,000.0
3,144.7
16,358.3
66,937.5
211,299.9
47,702.6
94.9
19.2
11,528.1
15,164.2
1,111.2
5,146.3
6,691.9
992.9
290,777.1
914.9
18,620.0
11.1
9,383.4
231.62
17,724.1
95,015.4
3,549.9
27,618.8
14,200.6
1,710.1
18,276.6
45.0
185,010.7
914.9
6,291.2
14,726.7

Other Equity
Revaluation Assets; Gross
Investment in Mutual Funds - Short Term
ST Borrowings And Current Portion -LT Debt
Construction In Progress
Long Term Investments
Cash And Balances With Banks
Source: Bloomberg

FY 2013
03/31/2013

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

5,572.7
934.8

211,587.8

570,726.4

3,071.0
934.8

180,176.2

450,075.4

2,334.5
934.3

140,168.7

360,889.0

1,659.1
931.2

103,013.2
223.4
104,167.8

44.6
164.7

70,078.3
271.9
70,514.9

62.4
164.0

38,082.6
311.2
38,557.8

13,365.4

5,617.9

48,838.0
154,016.4
327.1

11,919.5
111,796.3
1,756.0

41,113.3

10,054.8

1,412.5

30,867.9
73,776.4
194.7

8,454.7
53,298.1

20,522.2

32,744.8
200,324.5

7,170.3
52,748.5

12,293.2

28,384.6
158,862.9

4,946.7
48,824.7

5,868.4

21,136.0
113,527.6

192,545.5
201.0
11,474.5
1,542.5
19.5
180,828.4
24,214.3
8,088.6

570,726.4

164,626.3
313.9
1,799.0
917.6
21,951.8
134,720.5

3,776.2

148,106.9
328.2
204.1
1,017.7
143.9
93,605.3
22,213.2
2,978.8

98,974.3

1,006.6

79,469.7

3,184.7
131,625.1
32,650.8
78.4

94,309.2

363.2

32,553.6

5,138.7
116,724.1
22,414.9
31.4

66,838.8

247.1

27,797.7

2,708.9
78,998.9
12,160.1
968.6

2,001.3
19,541.3
45,241.7
4,239.9

1,492.1
13,067.5
35,795.3
2,343.1

4,639.9
11,537.0
27,734.3
1,092.7

1,127.7
7,533.2
14,308.2

6,693.6
5,741.1
12,402.7

6,207.2
3,549.6
9,960.7


80,787.9

69,272.1

47,287.0

45,541.3

68,510.4

35,823.1

60,660.5

14,833.3

34,550.8

82,471.8
13,982.0
13,982.0
34,012.5

12,513.6
45,693.1

12,513.6
41,101.6

9,335.5
59,259.8

9,335.5
32,549.9

30,377.4

22,656.7

17,610.8
200,324.5
50,899.6

21,900.5

15,740.1

26,466.8
158,862.9
34,193.7

13,715.9

9,416.0

14,966.5
113,527.6
19,584.3

934.8
1.00
123.3
34,423.7
208,936.4
0.2
13,982.0
15,201.2
2,005.1
17,613.5
46,675.4
934.8
11,719.3
328.2

13.1
194.2
2,896.1
22.60
2,000.0
700.0
10,836.7
64,247.6

132,321.00
2,000.0
9,693.4
19,554.4

1.00
165.0
27,056.5
175,414.4

12,513.6
9,815.5
1,790.3
15,061.0
39,051.5

13,669.0
372.7

13.1

1,909.6
23.17
2,000.0
700.0
7,716.9
52,643.9

126,688.00
2,000.0

13,080.6

1.00
141.8
22,149.6
152,191.9

9,335.5
9,157.4
1,655.8
11,363.4
29,047.7

12,463.8
74.4

12.5

167.2
24.53
2,000.0
700.0
7,327.7
62,825.7

123,864.00
2,000.0

11,549.5

1.00

16,581.2
103,545.8

22,656.7
3,115.7
1,197.2
5,874.4

6,943.5
4.7

19.3

310.2
24.66
2,000.0
700.0
4,336.2
68,080.3

151,696.00
2,000.0

1.00

13,972.3
93,652.6

15,740.1
3,089.5
613.7
5,703.2
10,957.6

5,593.9

27.2

1,099.0
19.85
200.0
700.0

32,600.8

84,410.00
200.0

1.00

11,335.7
63,322.0

9,416.0
3,226.7
634.7
4,951.2

2,632.9

2.0

42.3

24.12
200.0
700.0

21,218.6

83,961.00
200.0

1,528.9
622.6
327.1
967.0

2,638.9
12,166.7
70,305.1
137,751.6
16,264.8
132.6
14.2
8,932.2
13,595.9
1,161.5
2,344.1
5,110.9

121,131.6
934.8
16,620.0
11.1
1,731.2
215.06
19,541.3
73,594.8
2,559.5
201.0
6.6
1,134.4
15,924.9
1,272.2
177,350.7
934.8

13,365.4

934.8

1,788.0

10.6
21.6
6,233.9
11,845.9
2,521.9
2,198.6
4,193.8

934.8

8.1
1,294.9

13,067.5
57,906.0
1,165.2

13,084.7
1,272.2
151,690.5
934.8

1,587.7

3,050.0
25.8
4,873.4
9,620.5
609.9
1,817.2
3,482.2

934.3

8.2
1,422.3

11,537.0
43,997.8
1,023.3

11,078.1
1,234.3
119,590.0
934.3

1,429.9

239.6

4,116.2
7,502.8

1,434.6
2,932.5

931.2

6.4

32,608.1
885.3

144.8

9,340.0
983.2
86,605.0
931.2

6,263.4

1,292.2

4,570.4

2,996.3
5,992.8

1,209.9
1,746.8

154.7

15.0

22,400.3

534.0

7,170.3
1,573.2
59,123.1
154.7

1,000.0
10.0

18,470.3

898.8

5,105.6

1,148.1
3,643.1

757.9
930.3

154.0

13.1

12,149.6

9.6

1,433.6
31,466.2
154.0

1,000.0
10.0

5,051.0

4,936.2
0.0

9,752.8
180,828.4
8,088.6
19.5

5,041.2
-0.1

134,720.5

1,529.1
-0.1

93,605.3

2,575.9
-0.1
555.0
14,276.8
79,469.7

1,590.1

3,525.3
21,115.4
32,553.6

839.7

1,502.1
7,494.3
27,797.7

FY 2007
03/31/2007

53.9
164.0

25,426.5

4,150.4
32,450.8

3,877.7

21,909.4
84,155.0

42,428.1

57.3

36,629.9

1,087.3
50,266.7
7,838.6
32.4

986.1
3,203.1
6,424.4


9,314.9

19,928.5

12,130.8

9,903.4

3,920.0
84,155.0
16,008.5

5.00

41,975.5

9,903.4
2,058.3
388.7
3,159.1

1,462.9
0.4
26.3
24.3

40.3

24.49
200.0
700.0
21.4
15,780.3

29,639.00
40.0


673.7

402.9

817.9
2,384.3

496.3
730.0
2.0

154.0

7,831.7

12.7

1,433.6
20,643.4
30.8

1,000.0
10.0
5,582.4

8,357.1

60.7

105.0
21,919.5

Jindal Steel & Power Ltd (JSP IN) - Common Size

In Millions of INR except Per Share
12 Months Ending
Total Assets
Product/Brand Segments
Iron & Steel
Unallocated Assets
Power
Others (Including Rails)
Reconciliation
Geographic Segments
India
Outside India
Assets
+ Cash & Near Cash Items
+ Short-Term Investments
+ Accounts & Notes Receivable
+ Inventories
+ Other Current Assets
Total Current Assets
+ LT Investments & LT Receivables
+ Net Fixed Assets
+ Gross Fixed Assets
- Accumulated Depreciation
+ Other Long-Term Assets
Total Long-Term Assets
Total Assets
Liabilities & Shareholders' Equity
+ Accounts Payable
+ Short-Term Borrowings
+ Other Short-Term Liabilities
Total Current Liabilities
+ Long-Term Borrowings
+ Other Long-Term Liabilities
Total Long-Term Liabilities
Total Liabilities
+ Total Preferred Equity
+ Minority Interest
+ Share Capital & APIC
+ Retained Earnings & Other Equity
Total Equity
Total Liabilities & Equity

FY 2016
03/31/2016
738,906.7

FY 2015
03/31/2015
755,366.1
755,366.1
354,077.5
171,788.3
166,999.4
62,500.9

755,366.2
651,671.3
103,694.9

FY 2014
03/31/2014
689,134.4
689,134.4
237,954.9
208,231.3
163,811.7
79,136.5

689,134.4
609,010.1
80,124.3

0.8
0.0
1.9
4.4
11.6
18.8
3.4
76.9

0.9
81.2
100.0

1.5
1.9
2.2
6.4
9.6
21.6
0.2
66.4
82.6
16.2
11.8
78.4
100.0

1.4
0.0
2.6
7.1
7.8
18.8
0.1
69.7
83.5
13.8
11.4
81.2
100.0

3.1
10.5
9.0
22.7
48.8
2.2
51.0
73.6
0.0
1.1
0.1
25.2
26.4
100.0

2.7
13.4
4.6
20.7
46.9
3.5
50.3
71.0
0.0
1.1
0.1
27.7
29.0
100.0

3.8
15.2
6.5
25.5
37.6
2.6
40.1
65.6
0.0
1.6
0.1
32.7
34.4
100.0

Reference Items
Accounting Standard
Shares Outstanding
Number of Treasury Shares
Amount of Treasury Shares
Pension Obligations
Operating Leases
Capital Leases - Short Term
Capital Leases - Long Term
Capital Leases - Total
Percent Of Foreign Ownership
Number Of Shareholders
Options Granted During Period
Options Outstanding at Period End
Net Debt
Net Debt to Equity
Tangible Common Equity Ratio
Current Ratio
Inventory - Raw Materials
Inventory - Work in Progress
Inventory - Finished Goods
Other Inventory/Allowances
Pure Retained Earnings
Goodwill
Investments in Associated Companies
Number of Employees
Source: Bloomberg

IN GAAP
0.1
0.0
0.0

58.4
0.0
0.0
0.0

0.7

IN GAAP
0.1
0.0
0.0
0.1
0.4
0.0
0.0
0.0
0.0
166,374.0
0.0
0.0
56.8
0.0
0.0
0.0
2.2
0.2
2.4
1.7
22.1
0.7
0.3

IN GAAP
0.1
0.0
0.0
0.0
0.4
0.0
0.0
0.0
0.0
135,595.0
0.0
0.0
51.4
0.0
0.0
0.0
3.1
0.2
2.0
1.7
26.8
0.9
0.4

FY 2013
03/31/2013
570,726.4
570,726.5
220,169.0
185,732.6
138,721.7
26,103.2

570,726.4
570,726.4

FY 2012
03/31/2012
450,075.4
450,075.4
177,400.4
138,651.7
103,324.1
30,699.2

450,075.4
450,075.4

FY 2011
03/31/2011
360,889.0
360,889.0
153,800.2
92,854.0
97,639.4
16,595.4

360,889.0
360,889.0

FY 2010
03/31/2010
251,224.1
251,224.1
118,501.7
34,664.2
85,516.2
12,542.0

251,224.1
251,224.1

FY 2009
03/31/2009
193,056.6
193,056.6
92,075.5
34,113.3
66,620.6
243.4
3.8
193,056.6
193,056.6

FY 2008
03/31/2008
133,111.9
133,093.7
54,592.5
24,437.0
53,100.3
961.9
2.0
13,311.2
13,311.2

0.3
0.0
3.4
7.9
14.9
26.6
1.4
65.4
78.3
12.9
6.6
73.4
100.0

0.3
0.0
2.9
8.0
15.9
27.1
0.4
66.5
79.4
12.9
5.9
72.9
100.0

0.4
0.8
3.2
7.7
13.4
25.6
0.4
67.0
79.2
12.2
7.1
74.4
100.0

0.4
0.3
3.0
5.7
18.1
27.5
0.5
71.0
84.0
13.0
1.1
72.5
100.0

1.1
4.2
3.0
6.4
18.6
33.2
0.2
65.4
77.0
11.6
1.2
66.8
100.0

0.8
5.0
2.7
7.5
11.1
27.1
0.2
71.1
80.2
9.1
1.6
72.9
100.0

2.4
16.1
12.8
31.4
27.0
3.4
30.4
61.8
0.0
1.0
0.4
36.9
38.2
100.0

2.8
10.2
18.3
31.2
24.8
3.0
27.9
59.1
0.0
0.7
0.5
39.7
40.9
100.0

2.6
16.4
17.6
36.6
20.4
3.2
23.7
60.3
0.0
0.6
0.6
38.5
39.7
100.0

9.0
5.7
11.2
25.9
28.6
3.4
31.9
57.9
0.0
0.7
0.8
40.7
42.1
100.0

8.2
10.9
9.6
28.6
31.1
3.7
34.8
63.5
0.0
0.0
0.9
35.6
36.5
100.0

7.1
5.6
7.6
20.3
46.9
3.7
50.6
71.0
0.0
0.0
1.2
27.8
29.0
100.0

IN GAAP
0.2
0.0
0.0
0.1

0.0
0.0
0.0
0.0
132,321.0

42.8
0.0
0.0
0.0
2.7
0.4
3.1
1.8
31.1
0.3

7,792.0

IN GAAP
0.2
0.0
0.0

0.0
0.0
0.0
0.0
126,688.0

34.7
0.0
0.0
0.0
2.2
0.4
3.3
2.0
33.7
0.2
0.4

IN GAAP
0.3
0.0
0.0

0.0
0.0
0.0
0.0
123,864.0

35.6
0.0
0.0
0.0
2.5
0.5
3.1
1.5
33.1
0.3
0.4

IN GAAP
0.4
0.0
0.0

0.0
151,696.0

33.6
0.0
0.0
0.0
1.2
0.5
2.3
1.6
34.5
0.4
0.6

IN GAAP
0.5
0.0
0.0

0.0
84,410.0

36.7
0.1
0.0
0.0
1.6
0.3
3.0
1.6
30.6

0.7

IN GAAP
0.7
0.0
0.0

0.0

0.0
83,961.0

46.8
0.1
0.0
0.0
2.4
0.5
3.7
0.9
23.6

0.7

FY 2007
03/31/2007
100,163.5
100,163.5
40,857.9
48,156.5
10,668.3
480.8

100,163.5
100,163.5

0.6
0.5
3.2
6.4
9.3
20.0
0.3
78.9
86.7
7.8
0.8
80.0
100.0

9.9
21.9
6.1
37.9
32.4
4.1
36.5
74.4
0.0
0.1
1.6
24.0
25.6
100.0

IN GAAP
0.9
0.0
0.0

0.0

0.0
29,639.0

53.2
0.2
0.0
0.0
2.1
0.4
3.2
0.8
20.6

0.7

Jindal Steel & Power Ltd (JSP IN) - Standardized

In Millions of INR except Per Share
12 Months Ending
Cash From Operating Activities
+ Net Income
+ Depreciation & Amortization
Product/Brand Segments
Iron & Steel
Power
Others (Including Rails)
Geographic Segments
India
+ Other Non-Cash Adjustments
+ Changes in Non-Cash Capital
Cash From Operations

Last 12M
03/31/2016

FY 2016
03/31/2016

FY 2015
03/31/2015

-19,020.2
28,193.9

-19,020.0
28,193.9

-12,781.2
27,328.3
27,328.3
17,567.3
7,062.8
2,698.2
27,328.3
27,328.3
-18,319.9
-19,715.7
-23,488.5

Cash From Investing Activities

+ Disposal of Fixed Assets
+ Capital Expenditures
Product/Brand Segments
Power
Others (Including Rails)
Iron & Steel
Geographic Segments
Outside India
India
+ Increase in Investments
+ Decrease in Investments
+ Other Investing Activities
Cash From Investing Activities

508.3
-50,963.8
-57,125.9
-10,412.0
-11,068.7
-35,645.2
-57,126.0
-18,414.0
-38,712.0
0.0
367.4
-14,326.7
-64,414.8

Cash from Financing Activities

+ Dividends Paid
+ Change in Short-Term Borrowings
+ Increase in Long-Term Borrowings
+ Decrease In Long-Term Borrowings
+ Increase in Capital Stocks
+ Decrease in Capital Stocks
+ Other Financing Activities
Cash from Financing Activities
Net Changes in Cash

-1,448.4
27,123.5
253,675.9
-190,095.1
5.3
0.0
271.3
89,532.5
1,629.2

Reference Items

EBITDA
Trailing 12M EBITDA Margin
Cash Paid for Taxes
Cash Paid for Interest
Free Cash Flow
Free Cash Flow to Firm
Free Cash Flow to Equity
Free Cash Flow per Basic Share
Cash Flow to Net Income
Direct Method Cashflow
Source: Bloomberg

33,985.9
19.08

34,403.4
19.31

59,314.2
30.57
3,392.8
34,381.2
-74,452.3

16,760.3
-81.38

FY 2014
03/31/2014

FY 2013
03/31/2013

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

19,103.6
18,292.0
18,292.0
10,234.2
5,754.0
2,303.8
18,292.0
18,292.0
-10,451.7
-1,126.9
25,817.0

29,101.1
15,392.2

-708.5
-23,207.1
20,577.7

39,649.0
13,864.7

-1,958.8
-20,385.2
31,169.7

37,538.8
11,510.0

-731.5
-18,799.2
29,518.1

35,729.7
10,430.2

1,092.8
4,009.8
51,262.5

30,457.2
10,260.1

1,890.4
-9,152.2
33,455.5

177.0
-134,184.1
-117,509.7
-32,435.3
-15,209.1
-69,865.3
-117,509.7
-29,142.4
-88,367.3
0.0
5,700.3
-430.2
-128,737.0

221.6
-84,012.4
-90,221.8
-45,256.9
-5,049.7
-39,915.2
-15,392.2

-15,392.2
-3,626.5
0.0
-9,555.8
-96,973.1

815.9
-60,603.8
-66,076.4
-28,193.4
-2,580.1
-35,302.9
-13,864.7

-13,864.7
-797.4
0.0
-2,263.0
-62,848.3

3,806.9
-84,875.9
-83,911.4
-38,673.5
-368.8
-44,869.1
-83,911.4

-83,911.4
0.0
272.9
-334.3
-81,130.4

2,711.7
-65,130.8
-72,534.1
-22,419.2
-3,087.9
-47,027.0
-72,534.1

-72,534.1
0.0
2,058.7
-2,847.6
-63,208.0

28.0
-37,188.2
-39,149.3
-9,029.3
-127.7
-29,992.3
-39,150.9

-39,150.9
-2,033.8
0.0
-1,361.8
-40,555.8

-1,487.7
-2,894.2
245,068.9
-126,336.4
2.4
-5,008.0
1,232.2
110,577.2
7,657.2

-1,569.1
61,068.1
93,474.2
-79,268.8
0.0
0.0
3,119.8
76,824.2
428.8

-1,924.8
21,410.1
94,133.3
-82,499.1
38.4
0.0
389.2
31,547.1
-131.5

-1,366.5
10,480.8
107,785.2
-62,902.2
113.2
0.0
1,158.0
55,268.5
3,656.2

-956.0
6,586.4
37,002.9
-37,177.1
440.9
0.0
482.5
6,379.6
-5,565.9

-451.9
3,036.1
12,502.2
-8,139.9
140.3
0.0
500.4
7,587.2
486.9

55,287.1
28.67
8,337.2
21,783.6
-108,367.1
-97,082.0
7,648.2
-116.48
1.35

61,217.4
30.91
7,883.5
15,712.9
-63,434.7
-56,149.3
12,060.4
-67.86
0.71

71,086.0
39.04
10,421.4
9,192.9
-29,434.1
-24,055.2
4,426.1
-31.49
0.79

64,685.9
49.33
10,400.6
6,071.7
-55,357.8
-52,127.0
3,812.9
-59.25
0.79

60,205.0
54.28
7,629.7
5,425.4
-13,868.3
-10,266.9
-4,754.4
-14.90
1.43

54,887.4
50.47
5,407.1
5,315.4
-3,732.7
354.7
3,693.7
-4.03
1.10

FY 2008
03/31/2008
12,740.2
4,792.5

1,083.3
-5,136.7
13,479.3

55.3
-20,426.3
-19,364.7
-11,906.3
-177.0
-7,281.4
-19,364.7

-19,364.7
0.0
0.0
-1,980.4
-22,351.4

-702.4
-1,693.4
33,047.1
-15,753.0
0.0
0.0
-805.6
14,092.7
5,220.6

24,002.8
43.73
1,633.7
2,491.2
-6,947.0
-4,704.9
8,709.0
-7.52
1.06

Jindal Steel & Power Ltd (JSP IN) - As Reported

In Millions of INR except Per Share
12 Months Ending
Cash Flow
Cash From Operating Activities
Depreciation And Amortization - CF
Provision For Doubtful Accounts - CF
Other Non-Cash Items
Change in Inventories
Change in Accounts Payable
Change in Accounts Receivable
Change in Prepaid Expenses
Change in Accrued Expenses
Cash Paid For Taxes
Provision For Doubtful Debt Written Back
Net Cash From Operating Activities
Profit Before Taxation And Minority Interest
Interest Expense
Dvds Received (Non Joint Ventures / Associate
Gain (Loss) From The Sale Of Fixed Assets
Total Cashflow From Ops Before Working Capital
Foreign Exchange Gains/Losses
Gain (Loss) On Sale of Investments and Mkt Sec
Total Cash Flows From Operations
Tax Refund
Write-Offs
Provisions for Long-Term Investments
Depreciation
Minority Interest - CF
Change In Other Provisions
Cash From Investing Activities
Purchases of Short-Term Investments
Dvds Received (Non Joint Vent/Associate)
Interest Income - CF
Disposal of Fixed Assets
Payment Of Acquisition Of Subsidiary
Capital Expenditures
Proceeds From Investments
Proceeds From Short-Term Investments
Other Investing Activities
Purchase of Intangibles
Sale of Intangibles
Sales (Purchases) of LT Investments -Net

FY 2015
03/31/2015

FY 2014
03/31/2014

FY 2013
03/31/2013

27,328.3
526.1
15.9
325.5
-4,509.3
-2,311.0
-14,625.8
1,404.9
-3,392.8
-973.6
13,282.5
-15,427.5
25,837.0
-37.6
206.3
32,998.2
-4,091.4
-385.3
9,889.7

18,292.0
0.9
2.4
-3,570.7
12,216.2
1,816.3
-11,296.0
-292.7
-8,337.2
-180.4
54,138.3
25,120.1
11,812.5
-3.8
318.7
55,265.2
-46.2
-51.0
45,801.1

0.0
5,741.2
-9,446.4

-6,473.8
-9,267.4
1,980.5
-7,883.5
-11.3

38,334.5
7,581.6
-2.5
-36.2
66,313.6

-685.9
35,223.0

0.0
0.0
15,392.2

-13,938.7
37.6
965.3
508.3
-316.0
-50,963.8
367.4

-72.0

-1.6
1,801.1
177.0
0.0
-134,184.1
5,700.3
51.0
-481.2

2.5
1,065.1
221.6

-84,012.4

744.6
-10,300.4

-3,626.5

Purchases of Investments
Purchase Of Associates/Joint Ventures
Total Cash Flows From Investing
Cash from Financing Activities
Cash Paid For Interest
Repurchase of Common Stock
Issuance of Common Stock
Decrease In Long-Term Borrowings
Increase In Long-Term Borrowings
Increase (Decrease) Short-Term Borrowings -Net
Dividend Paid Including Dividend Tax
Net Change In Cash
Other Financing Activities
Increase (Decrease) Long-Term Borrowings - Net
Decrease In St Borrowings
Increase In Short-Term Borrowings
Dividends Paid
Dividend Tax Paid
Total Cash Flows From Financing
Reference Items
Cash and Cash Equivalents (End of Period)
Cash and Cash Equivalents (Beg of Period)
Source: Bloomberg

-63,411.9

-126,937.5

-95,905.5

-34,381.2
0.0
5.3
-190,095.1
253,675.9
27,123.5
-1,448.4
1,629.2
271.3

55,151.3

-21,783.6
-5,008.0
2.4
-126,336.4
245,068.9
-2,894.2
-1,487.7
7,657.2
1,232.2

88,793.6

-15,712.9

0.0
-79,268.8
93,474.2

-1,569.1
428.8
3,119.8

61,068.1

61,111.3

11,031.8
9,402.6

9,402.6
1,745.4

1,745.4
1,316.6

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

FY 2007
03/31/2007

1.0
927.9
-8,061.0

-1,530.5
-15,782.5
4,988.8
-10,421.4
-78.9

51,886.0
3,600.4
-1.3
-57.2
70,027.5

-15.7
39,220.9

16.0
-115.4
13,864.7

-6.3
-48.7
-13,426.1

-3,997.0
6,254.9
-7,631.0
-10,400.6
-25.9

49,880.2
2,595.7

33.5
64,022.0

-66.9
34,822.2

150.4

11,510.0

-7.9
-48.5
-1,905.5

-1,784.1
-748.8
8,448.2
-7,629.7
-31.7

45,534.5
3,575.8
-8.6
-15.2
59,366.6

-104.8
55,746.7

35.9

10,430.2

6.9

-16.0
-39.3
-2,442.0

-2,175.5
-12,928.8
8,394.1
-5,407.1
-105.4

38,111.0
4,566.5
-34.4
2.3
53,295.8

-16.2
38,736.5

567.2

10,260.1

127.9
-3,536.3

-346.5
-2,858.8
1,604.9
-1,633.7

15,192.5
2,544.8

1.9
22,728.7

13,467.1

69.1

4,792.5
12.2

132.8
-737.8

-216.5
-4.2
3,834.7
-889.9

9,409.0
1,504.3

-0.5
14,413.8

14,871.0

2.7

3,365.5

1.3
1,140.4
815.9

-60,603.8

-752.6
-1,610.5
100.1
-797.4

767.6
3,806.9

-84,875.9

-334.3

272.9

8.6
932.6
2,711.7

-65,130.8

-2,204.2
-643.4

2,058.7

34.4

28.0

-37,188.2

-1,245.7
-116.1

-2,033.8

55.3

-20,426.3

-2,015.6
-189.8

68.2

-35,953.5

304.1
-57.3

-61,706.6

-80,362.8

-62,266.8

-40,521.4

225.0
-22,351.4

-1.8

-35,640.3

-9,192.9

38.4
-82,499.1
94,133.3

-1,924.8
-131.5
389.2

21,410.1

22,354.2

-6,071.7

113.2
-62,902.2
107,785.2

-1,366.5
3,656.2
1,158.0

10,480.8

49,196.8

-5,425.4

440.9
-37,177.1
37,002.9

-5,565.9
482.5

6,586.4
-808.5
-147.5
954.2

-5,315.4

140.3
-8,139.9
12,502.2

486.9
500.4

3,036.1
-385.7
-66.2
2,271.8

-2,491.2

-15,753.0
33,047.1

5,220.6
-805.6

-1,693.4

-600.4
-102.0
14,104.9

-1,529.1

27,843.3

-15.7
244.1
-7,719.8

947.8
-492.7
-69.1
20,753.6

1,316.6
1,448.1

4,783.8
1,127.7

1,127.7
6,693.6

6,693.6
6,206.7

6,206.7
986.1

986.1
1,001.8

FY 2006
03/31/2006

50.5
-3,111.0

-1,257.5
-2,159.3
3,512.0

6,615.2
7,281.7
868.9

12.4
10,407.9

6,615.2
-776.9
2.7

2,191.7

29.5

-23,081.1

256.1

-22,795.5

-3,869.2
21,432.0

658.9
-946.0

749.1
-461.9
-64.8
16,839.2
1,001.8
342.9

Jindal Steel & Power Ltd (JSP IN) - Profitability

In Millions of INR except Per Share
12 Months Ending
Returns
Return on Common Equity
Return on Assets
Return on Capital
Return on Invested Capital
Margins
EBITDA Margin
Operating Margin
Incremental Operating Margin
Pretax Margin
Growth (YoY)
Income before XO Margin
Net Income Margin
Net Income to Common Margin
Additional
Effective Tax Rate
Dvd Payout Ratio
Sustainable Growth Rate
Source: Bloomberg

FY 2016
03/31/2016

FY 2015
03/31/2015

FY 2014
03/31/2014

-9.57
-2.55
0.22
0.23

-5.86
-1.77
0.65
2.59

8.71
3.03
5.68
4.89

19.31
3.49
-162.30
-15.03
-89.3
-11.23
-10.68
-10.68

30.57
16.49

-7.94

-7.48
-6.59
-6.59

28.67
19.18
-169.66
13.04
-33.3
9.83
9.91
9.91

24.59
7.18
8.08

FY 2013
03/31/2013

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

14.79
5.70
9.13
7.62

24.61
9.78
14.75
12.48

30.61
12.27
17.69
15.74

40.91
16.08
23.34
21.48

55.86
18.68
26.55
24.92

39.73
10.92
15.89
16.04

30.91
23.14

19.56
-31.6
14.90
14.69
14.69

39.04
31.43
7.94
28.61
-25.0
22.09
21.77
21.77

49.33
40.55
16.83
38.15
-7.3
29.13
28.63
28.63

54.28
44.88
237.42
41.18
16.3
32.89
32.21
32.21

50.47
41.04
47.19
35.41
26.1
28.02
28.01
28.01

43.73
35.00
42.59
28.09
4.4
23.20
23.21
23.21

23.80
5.14
14.03

22.78
3.77
23.68

23.65
3.74
29.47

20.12
3.26
39.58

20.88
2.80
54.29

17.39
4.87
37.80

FY 2007
03/31/2007
31.65
8.49
12.45
11.67

40.31
30.75
28.49
26.91
-5.5
20.04
20.06
20.06

25.54
7.85
29.17

Jindal Steel & Power Ltd (JSP IN) - Growth

In Millions of INR except Per Share
12 Months Ending
1 Year Growth
Revenue
EBITDA
Operating Income
Net Income to Common
EPS Diluted
EPS Diluted before XO
EPS Diluted before Abnormal
Dividend per Share
Accounts Receivable
Inventory
Fixed Assets
Total Assets
Modified Working Capital
Working Capital
Accounts Payable
Short-Term Debt
Total Debt
Total Equity
Capital
Book Value per Share
Cash From Operations
Capital Expenditures
Net Change In Cash
Free Cash Flow
Cash Flow to Firm
Free Cash Flow to Firm
5 Year Growth
Revenue
EBITDA
Operating Income
Net Income to Common
EPS Diluted
EPS Diluted before XO
EPS Diluted before Abnormal
Dividend per Share

FY 2016
03/31/2016

FY 2015
03/31/2015

FY 2014
03/31/2014

-8.19
-42.00
-80.59
-48.81
-48.82
-48.82
-6,120.19

0.59
7.28
-13.54

-2.63
-9.69
-19.27
-34.35
-34.05
-34.05
-34.05
-6.25

-15.47
-32.41
13.30
-2.18
-46.76

12.88
-23.00
-3.72
-11.08
-6.11
-11.19

-4.61
-0.67
4.40
9.61
10.71

-21.08
-3.50
25.11
-7.56
12.22
-6.94

-9.30
7.89
28.63
20.75
-20.24
-67.51
86.07
13.58
47.73
8.63
29.36
8.71

-62.02
-78.72
31.30

25.46
59.72
1,685.73
-70.83
33.16
-72.90

6.32
-11.86
-34.92

11.83
-0.30
-8.46

-100.00

12.14
0.15
-3.68
-8.91
-8.82
-8.82
-8.82
10.35

Accounts Receivable
Inventory
Fixed Assets
Total Assets
Modified Working Capital
Accounts Payable
Short-Term Debt
Total Debt
Total Equity
Total Capital 5 Year Growth
Book Value per Share
Cash From Operations
Cash Flow to Firm
Sequential Growth
Revenue
EBITDA
Operating Income
Net Income to Common
EPS Diluted
EPS Diluted before XO
EPS Diluted before Abnormal
Dividend per Share
Accounts Receivable
Inventory
Fixed Assets
Total Assets
Modified Working Capital
Working Capital
Accounts Payable
Short-Term Debt
Total Debt
Total Equity
Capital
Book Value per Share
Cash From Operations
Capital Expenditures
Net Change In Cash
Cash Flow to Firm
Free Cash Flow to Firm
Source: Bloomberg

4.38
3.39
18.64
15.41
-4.42
19.95
5.59
26.92
6.31
18.01
6.22

17.55
27.65
22.97
24.63

-1.95
47.89
39.53
15.66
28.57
15.51

25.29
31.52
30.62
28.98
75.94
10.57
37.74
34.99
27.41
31.68
26.60

-5.05
-0.24

-8.19
-42.00
-80.59

0.59
7.28
-13.54
-166.90
-168.05
-168.05
-101.50
-100.00

-2.63
-9.69
-19.27
-34.35
-34.05
-34.05
-34.05
-6.25

-15.47
-32.41
13.30
-2.18
-46.76
-503.77
12.88
-23.00
-3.72
-11.08
-6.11
-11.19

-4.61
-0.67
4.40
9.61
10.71

-21.08
-3.50
25.11
-7.56
12.22
-6.94

-9.30
7.89
28.63
20.75
-20.24

86.07
13.58
47.73
8.63
29.36
8.71

-190.98
-62.02
-78.72

25.46
59.72
1,685.73
33.16

FY 2013
03/31/2013

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

8.78
-13.88
-19.92
-26.60
-26.62
-26.62
-26.62
0.00

38.87
9.89
7.61
5.62
5.59
5.59
5.59
6.67

18.22
7.44
6.83
5.06
5.45
5.45
5.45
20.00

1.99
9.69
11.53
17.31
16.99
16.99
16.99
36.36

98.12
128.67
132.31
139.06
142.50
142.50
142.50
37.50

55.95
69.17
77.49
80.47
78.16
78.16
78.16
11.11

49.54
26.39
24.73
26.81
39.76
-49.00
11.73
101.70
56.32
18.41
35.88
17.34

13.27
29.07
23.84
24.71
21.42
53.55
34.04
-22.89
18.38
28.41
23.58
28.28

53.15
93.84
35.57
43.65

-58.80
315.08
54.62
35.54
44.09
35.02

31.22
15.36
41.14
30.13

-56.19
43.94
-32.39
6.05
49.98
26.49
47.22

61.74
24.52
33.50
45.03
-41.29
-1.09
67.16
181.75
15.97
82.70
39.70
82.08

10.82
55.04
19.71
32.89

-4.92
-65.81
28.70
50.60
35.72
50.69

-33.98
38.63

-115.51
-23.76
-133.42

5.60
-28.60

46.83
11.60
53.85

-42.42
30.32

-299.17
-40.31
-407.72

53.23
75.14

-271.54
46.14

148.20
82.06
-90.67
46.27
138.80

-9.36
-43.19

67.05
-2.08
76.35

29.26
20.59
18.99
17.96
18.31
18.31
18.31
19.14

38.92
38.03
39.52
41.22
41.28
41.28
41.28
21.67

38.32
44.22
45.43
45.14
45.06
45.06
45.06
24.57

40.65
35.35
31.59
33.80
65.48
8.23
65.18
28.61
41.37
33.72
40.36

32.47
40.99
30.51
35.06

4.79
15.83
23.71
48.34
33.69
47.56

31.03
37.29
39.04
40.39

5.66
61.09
31.93
49.75
39.50
48.95

8.83
12.13

15.95
17.88

34.87
34.79

8.78
-13.88
-19.92
-26.60
-26.62
-26.62
-26.62
0.00

38.87
9.89
7.61
5.62
5.59
5.59
5.59
6.67

18.22
7.44
6.83
5.06
5.45
5.45
5.45
20.00

1.99
9.69
11.53
17.31
16.99
16.99
16.99
36.36

98.12
128.67
132.31
139.06
142.50
142.50
142.50
37.50

55.95
69.17
77.49
80.47
78.16
78.16
78.16
11.11

49.54
26.39
24.73
26.81
39.76

11.73
101.70
56.32
18.41
35.88
17.34

13.27
29.07
23.84
24.71
21.42

34.04
-22.89
18.38
28.41
23.58
28.28

53.15
93.84
35.57
43.65

-1,121.40
-58.80
315.08
54.62
35.54
44.09
35.02

31.22
15.36
41.14
30.13
-133.92
-56.19
43.94
-32.39
6.05
49.98
26.49
47.22

61.74
24.52
33.50
45.03
-41.29
-1.09
67.16
181.75
15.97
82.70
39.70
82.08

10.82
55.04
19.71
32.89

-4.92
-65.81
28.70
50.60
35.72
50.69

-33.98
38.63

-23.76

5.60
-28.60
-103.60
11.60

-42.42
30.32

-40.31

53.23
75.14
-1,243.13
46.14
-2,994.87

148.20
82.06
-90.67
138.80

-9.36
-43.19

-2.08

FY 2007
03/31/2007
35.89
36.87
32.40
21.10
20.53
20.53
20.53
20.00
7.25
12.97
69.91
51.34

39.69
301.23
63.30
34.65
52.87
34.43
124.80
55.77

-28.04
118.16
-26.56

35.89
36.87
32.40
21.10
20.53
20.53
20.53
20.00
7.25
12.97
69.91
51.34
-117.42
-909.38
39.69
301.23
63.30
34.65
52.87
34.43
124.80
55.77
-102.38
118.16

Jindal Steel & Power Ltd (JSP IN) - Credit

In Millions of INR except Per Share
12 Months Ending
Short and Long Term Debt
Short-Term Debt
Long Term Debt

FY 2016
03/31/2016
438,062.8
77,779.5
360,283.3

FY 2015
03/31/2015
455,007.4
101,011.7
353,995.7

FY 2014
03/31/2014
363,681.9
104,679.4
259,002.5

Total Debt/T12M EBITDA

Net Debt/EBITDA

12.73
12.55

7.67
7.24

6.58
6.41

Total Debt/EBIT
Net Debt/EBIT

70.55
69.55

14.23
13.42

9.83
9.57

1.05

0.19

2.08
0.29
1.12

3.69
-5.27
2.47

1.73
0.24
0.93

2.54
-3.62
1.70

32,801.3

34,381.2
28,528.4

21,783.6
14,964.1

Common Equity/Total Assets

Long-Term Debt/Equity
Long-Term Debt/Capital
Long-Term Debt/Total Assets

25.29
185.02
56.94
48.76

27.86
161.65
52.52
46.86

32.81
109.33
43.12
37.58

Total Debt/Equity
Total Debt/Capital
Total Debt/Total Assets

224.96
69.23
59.29

207.77
67.51
60.24

153.51
60.55
52.77

Net Debt/Equity
Net Debt/Capital

221.77
68.25

196.08
63.71

149.50
58.97

34,403.4

6,209.5

59,314.2
8,350.4
31,985.9
41,936.2
28,396.4
23,772.2
-10,232.4

55,287.1
-78,897.0
36,995.1
48,228.5
19,877.1
33,209.8
-4,858.4

EBITDA to Interest Expense

EBITDA-CapEx/Interest Expense
EBIT to Interest Expense
EBITDA/Cash Interest Paid
EBITDA-CapEx/Cash Interest Paid
EBIT/Cash Interest Paid
Cash Interest Paid
Interest Expense

EBITDA
EBITDA-CapEx
EBIT
Product/Brand Segments
Power
Iron & Steel
Others (Including Rails)

Geographic Segments
India
Source: Bloomberg

FY 2013
03/31/2013
246,181.6
92,165.2
154,016.4

FY 2012
03/31/2012
157,489.4
45,693.1
111,796.3

FY 2011
03/31/2011
133,036.2
59,259.8
73,776.4

FY 2010
03/31/2010
86,042.9
14,276.8
71,766.1

FY 2009
03/31/2009
81,133.1
21,115.4
60,017.7

FY 2008
03/31/2008
69,960.7
7,494.3
62,466.4

4.02
3.99

2.22
2.20

2.06
1.99

1.43
1.40

1.48
1.29

2.91
2.59

5.37
5.33

2.75
2.73

2.50
2.42

1.73
1.69

1.82
1.59

3.64
3.24

6.40
-2.38
4.79

10.21
1.50
8.22

15.29
-4.77
12.57

13.35
-1.09
11.04

10.62
3.43
8.64

8.84
1.32
7.08

3.90
-1.45
2.92

7.73
1.14
6.22

10.65
-3.33
8.76

11.10
-0.91
9.17

10.33
3.33
8.40

9.64
1.44
7.71

15,712.9
9,560.6

9,192.9
6,965.3

6,071.7
4,231.4

5,425.4
4,508.4

5,315.4
5,165.9

2,491.2
2,714.0

37.24
70.62
33.17
26.99

40.24
60.70
32.72
24.84

39.10
51.43
26.68
20.44

41.46
67.81
37.40
28.57

36.52
85.06
39.57
31.09

28.96
161.75
57.53
46.93

112.88
53.02
43.13

85.51
46.09
34.99

92.75
48.12
36.86

81.31
44.84
34.25

114.99
53.49
42.03

181.15
64.43
52.56

112.02
52.62

84.79
45.71

89.61
46.49

79.72
43.97

100.50
46.75

161.19
57.33

61,217.4
-22,795.0
45,825.2

71,086.0
10,482.2
57,221.3

64,685.9
-20,190.0
53,175.9

60,205.0
-4,925.8
49,774.8

54,887.4
17,699.2
44,627.3
41,044.6
21,579.4
19,377.9
87.3

24,002.8
3,576.5
19,210.3

41,044.6
41,044.6

FY 2007
03/31/2007
54,360.2
21,919.5
32,440.7
3.83
3.75
5.02
4.92
8.92
-13.68
6.80
9.28
-14.23
7.08
1,529.1
1,590.8
25.54
126.50
40.55
32.39
211.98
67.95
54.27
207.72
66.58
14,188.6
-21,764.9
10,823.1

Jindal Steel & Power Ltd (JSP IN) - Liquidity

In Millions of INR except Per Share
12 Months Ending
Cash Ratio
Current Ratio
Quick Ratio
CFO/Avg Current Liab
Common Equity/Total Assets

FY 2016
03/31/2016
0.04
0.83
0.12

25.29

FY 2015
03/31/2015
0.16
1.04
0.27
-0.14
27.86

FY 2014
03/31/2014
0.05
0.74
0.16
0.15
32.81

Long-Term Debt/Equity
Long-Term Debt/Capital
Long-Term Debt/Total Assets

185.02
56.94
48.76

161.65
52.52
46.86

109.33
43.12
37.58

Total Debt/Equity
Total Debt/Capital
Total Debt/Total Assets

224.96
69.23
59.29

207.77
67.51
60.24

153.51
60.55
52.77

0.64

-4.38
-0.46
0.94

5.71
0.19
1.16

10,000.0

15,000.0

CFO/Total Liabilities
CFO/CapEx
Altman's Z-Score

Total Commercial Paper Outstanding

Source: Bloomberg

FY 2013
03/31/2013
0.01
0.85
0.12
0.13
37.24

FY 2012
03/31/2012
0.01
0.87
0.10
0.23
40.24

FY 2011
03/31/2011
0.03
0.70
0.12
0.30
39.10

FY 2010
03/31/2010
0.03
1.06
0.14
0.85
41.46

FY 2009
03/31/2009
0.18
1.16
0.29
0.81
36.52

FY 2008
03/31/2008
0.28
1.33
0.42
0.41
28.96

70.62
33.17
26.99

60.70
32.72
24.84

51.43
26.68
20.44

67.81
37.40
28.57

85.06
39.57
31.09

161.75
57.53
46.93

112.88
53.02
43.13

85.51
46.09
34.99

92.75
48.12
36.86

81.31
44.84
34.25

114.99
53.49
42.03

181.15
64.43
52.56

5.84
0.24
1.57

11.72
0.51
2.41

13.57
0.35
2.98

35.26
0.79
4.31

27.31
0.90
2.73

14.27
0.66
3.33

FY 2007
03/31/2007
0.03
0.53
0.11
0.55
25.54
126.50
40.55
32.39
211.98
67.95
54.27
19.96
0.41
1.37

Jindal Steel & Power Ltd (JSP IN) - Working Capital

In Millions of INR except Per Share
12 Months Ending
Accounts Receivable Turnover
Days Sales Outstanding
Accounts Payable Turnover
Accounts Payable Turnover Days

Total Inventory
Inventory Raw Materials
Inventory In Progress
Inventory Finished Goods
Other Inventory
Source: Bloomberg

FY 2016
03/31/2016
11.42
32.05

FY 2015
03/31/2015
11.20
32.58
3.19
114.30

FY 2014
03/31/2014
10.35
35.26
4.02
90.80

32,770.4

48,486.9
16,392.0
1,496.5
17,765.0
12,833.4

48,812.4
21,378.1
1,381.6
14,016.7
12,036.0

FY 2013
03/31/2013
12.15
30.05
6.80
53.68

FY 2012
03/31/2012
14.80
24.73
7.10
51.54

FY 2011
03/31/2011
13.75
26.54
3.46
105.54

FY 2010
03/31/2010
16.71
21.84
2.71
134.57

FY 2009
03/31/2009
23.41
15.59
4.39
83.13

FY 2008
03/31/2008
16.26
22.51
3.49
104.82

45,241.7
15,201.2
2,005.1
17,613.5
10,421.9

35,795.3
9,815.5
1,790.3
15,061.0
9,128.5

27,734.3
9,157.4
1,655.8
11,363.4
5,557.7

14,308.2
3,115.7
1,197.2
5,874.4
4,120.9

12,402.7
3,089.5
613.7
5,703.2
2,996.3

9,960.7
3,226.7
634.7
4,951.2
1,148.1

FY 2007
03/31/2007
11.37
32.09
1.40
260.86

6,424.4
2,058.3
388.7
3,159.1
818.3

Jindal Steel & Power Ltd (JSP IN) - Yield Analysis

In Millions of INR except Per Share
12 Months Ending
T12 Cash Flows to Equity
+ Cash From Operations
+ Capital Expenditures
Free Cash Flow
Market Capitalization
Free Cash Flow Yield

FY 2016
03/31/2016

FY 2015
03/31/2015

FY 2014
03/31/2014

55,122.7

-23,488.5
-50,963.8
-74,452.3
143,456.9
-51.90

25,817.0
-134,184.1
-108,367.1
267,558.4
-39.83

Dividends Paid
Net Share Repurchases
Net ST Debt Repayments
Net LT Debt Repayments
Other Financing Activities
T12 Cash to Suppliers of Capital
Market Capitalization
T12 Shareholder Yield

55,122.7

-1,448.4
5.3
27,123.5
63,580.8
271.3
89,532.5
143,456.9
-62.41

-1,487.7
-5,005.6
-2,894.2
118,732.5
1,232.2
110,577.2
267,558.4
-41.33

- Dividends Paid
- Net Share Repurchases
T12 Cash to Shareholders
Market Capitalization
T12 Shareholder Yield, Ex Debt

55,122.7

-1,448.4
5.3
1,443.1
143,456.9
1.01

-1,487.7
-5,005.6
6,493.3
267,558.4
2.43

494,840.4

-23,488.5
-50,963.8

581,422.7

25,817.0
-134,184.1
11,285.1
-97,082.0
632,544.6
-15.35

494,840.4

-1,448.4
5.3
27,123.5
63,580.8
271.3
89,532.5
581,422.7
-15.40

-1,487.7
-5,005.6
-2,894.2
118,732.5
1,232.2
110,577.2
632,544.6
-17.48

T12 Cash Flows to the Firm

+ Cash From Operations
+ Capital Expenditures
+ After-Tax Interest Expense
Trailing 12M Free Cash Flow To Firm
Periodic Enterprise Value
T12 FCFF Yield
- Dividends Paid
- Net Share Repurchases
- Net ST Debt Repayments
- Net LT Debt Repayments
- Other Financing Activities
T12 Cash to Suppliers of Capital
Periodic Enterprise Value
T12 Capital Yield
Source: Bloomberg

FY 2013
03/31/2013

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

20,577.7
-84,012.4
-63,434.7
325,088.5
-19.51

31,169.7
-60,603.8
-29,434.1
509,624.7
-5.78

29,518.1
-84,875.9
-55,357.8
651,465.8
-8.50

51,262.5
-65,130.8
-13,868.3
654,750.7
-2.12

33,455.5
-37,188.2
-3,732.7
186,441.5
-2.00

13,479.3
-20,426.3
-6,947.0
318,700.0
-2.18

-1,569.1
0.0
61,068.1
14,205.4
3,119.8
76,824.2
325,088.5
-23.63

-1,924.8
38.4
21,410.1
11,634.2
389.2
31,547.1
509,624.7
-6.19

-1,366.5
113.2
10,480.8
44,883.0
1,158.0
55,268.5
651,465.8
-8.48

-956.0
440.9
6,586.4
-174.2
482.5
6,379.6
654,750.7
-0.97

-451.9
140.3
3,036.1
4,362.3
500.4
7,587.2
186,441.5
-4.07

-702.4
0.0
-1,693.4
17,294.1
-805.6
14,092.7
318,700.0
-4.42

-1,569.1
0.0
1,569.1
325,088.5
0.48

-1,924.8
38.4
1,886.4
509,624.7
0.37

-1,366.5
113.2
1,253.3
651,465.8
0.19

-956.0
440.9
515.1
654,750.7
0.08

-451.9
140.3
311.6
186,441.5
0.17

-702.4
0.0
702.4
318,700.0
0.22

20,577.7
-84,012.4
7,285.4
-56,149.3
574,964.8
-9.77

31,169.7
-60,603.8
5,378.9
-24,055.2
668,858.0
-3.60

29,518.1
-84,875.9
3,230.8
-52,127.0
782,338.4
-6.66

51,262.5
-65,130.8
3,601.4
-10,266.9
740,770.0
-1.39

33,455.5
-37,188.2
4,087.4
354.7
257,410.3
0.14

13,479.3
-20,426.3
2,242.1
-4,704.9
381,023.8
-1.23

-1,569.1
0.0
61,068.1
14,205.4
3,119.8
76,824.2
574,964.8
-13.36

-1,924.8
38.4
21,410.1
11,634.2
389.2
31,547.1
668,858.0
-4.72

-1,366.5
113.2
10,480.8
44,883.0
1,158.0
55,268.5
782,338.4
-7.06

-956.0
440.9
6,586.4
-174.2
482.5
6,379.6
740,770.0
-0.86

-451.9
140.3
3,036.1
4,362.3
500.4
7,587.2
257,410.3
-2.95

-702.4
0.0
-1,693.4
17,294.1
-805.6
14,092.7
381,023.8
-3.70

FY 2007
03/31/2007
14,871.0
-35,953.5
-21,082.5
73,207.1
-28.80
-561.8
0.0
947.8
20,123.5
244.1
20,753.6
73,207.1
-28.35
-561.8
0.0
561.8
73,207.1
0.77

14,871.0
-35,953.5
1,184.6
-19,897.9
126,540.1
-15.72
-561.8
0.0
947.8
20,123.5
244.1
20,753.6
126,540.1
-16.40

Jindal Steel & Power Ltd (JSP IN) - DuPont Analysis

In Millions of INR except Per Share
12 Months Ending
Tax Burden
Net Inc to Comn/Pre-Tax Profit %
Adjustment Factor
Normlzd Net Inc/Net Inc to Cmn
Interest Burden
Pre-Tax Profit/EBIT %
Operating Margin
EBIT/Revenue %
Asset Turnover
Revenue/Avg Assets
Leverage Ratio
Avg Assets/Avg Equity

FY 2016
03/31/2016

FY 2015
03/31/2015

FY 2014
03/31/2014

71.07

82.99

75.97

1.00

-443.24

-117.32

62.69

3.49

16.49

19.18

0.24

0.27

0.31

3.76

3.31

2.87

Adjusted Return on Equity

-8.80

-0.13

8.71

5 Year Average Adj ROE

Payout Ratio
Sustainable Growth Rate
Source: Bloomberg

7.84

15.72

23.93
7.18
8.08

FY 2013
03/31/2013

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

75.13

76.12

75.04

78.23

79.10

82.63

1.00

1.00

1.00

1.00

1.00

1.00

80.20

88.20

92.20

91.02

88.17

85.03

23.14

31.43

40.55

44.88

41.04

35.00

0.39

0.45

0.43

0.50

0.67

0.47

2.59

2.52

2.50

2.54

2.99

3.64

14.79

24.61

30.61

40.91

55.86

39.73

33.35
5.14
14.03

38.34
3.77
23.68

39.75
3.74
29.47

3.26
39.58

2.80
54.29

4.87
37.80

FY 2007
03/31/2007
74.54
1.00
85.62
30.75
0.42
3.73
31.65

7.85
29.17

Jindal Steel & Power Ltd (JSP IN) - By Measure

In Millions of INR except Per Share
12 Months Ending
Revenue
Iron & Steel
Power
Others (Including Rails)
Adjustment
Inter Segment
Operating Income
Power
Iron & Steel
Others (Including Rails)
Segment Profit
Power
Iron & Steel
Others (Including Rails)
Assets
Iron & Steel
Unallocated Assets
Power
Others (Including Rails)
Reconciliation
Liabilities
Unallocated Liabilities
Iron & Steel
Power
Others (Including Rails)
Adjustment
Capital Employed
Iron & Steel
Power
Others
Unallocated
Depreciation and Amortization
Iron & Steel
Power
Others (Including Rails)
Depreciation
Others (Including Rails)
Power
Iron & Steel
Capital Expenditures

FY 2016
03/31/2016
178,124.4
100.0%
147,113.8
70.7%
57,209.1
27.5%
3,833.5
1.8%
-5,997.4
-24,034.6

23,814.8
100.0%
15,651.8
65.7%
10,237.3
43.0%
-2,074.3
-8.7%

186,871.4
100.0%
310,154.2
65.3%
136,492.2
28.7%
28,150.5
5.9%
-287,925.5

FY 2015
03/31/2015
194,006.7
156,312.5
57,013.4
3,314.1

-22,633.3
41,936.2
28,396.4
23,772.2
-10,232.4

755,366.1
354,077.5
171,788.3
166,999.4
62,500.9

536,372.9
508,582.1
21,628.2
11,430.4
3,304.7
-8,572.5

27,328.3
17,567.3
7,062.8
2,698.2

-57,125.9

100.0%
72.2%
26.3%
1.5%

100.0%
67.7%
56.7%
-24.4%

100.0%
60.7%
28.6%
10.7%
100.0%
59.5%
31.4%
9.1%

100.0%
64.3%
25.8%
9.9%

Power
Others (Including Rails)
Iron & Steel
Source: Bloomberg

-10,412.0
-11,068.7
-35,645.2

18.2%
19.4%
62.4%

FY 2014
03/31/2014
192,863.1
159,963.0
42,032.5
7,431.5

-16,563.9
48,228.5
19,877.1
33,209.8
-4,858.4

689,134.4
237,954.9
208,231.3
163,811.7
79,136.5

452,226.8
405,820.1
27,588.2
12,581.4
17,039.3
-10,802.2

18,292.0
10,234.2
5,754.0
2,303.8

-117,509.7

100.0%
76.4%
20.1%
3.5%

100.0%
41.2%
68.9%
-10.1%

100.0%
49.5%
34.1%
16.5%
100.0%
48.2%
22.0%
29.8%

100.0%
55.9%
31.5%
12.6%

FY 2013
03/31/2013
198,067.8
182,372.6
45,599.6
5,579.5
-19,311.5
-16,172.4

62,875.9
23,788.6
39,154.4
-67.1
570,726.5
220,169.0
185,732.6
138,721.7
26,103.2

352,631.1
67,561.0
30,450.3
5,570.6
2,867.7
246,181.5

15,392.2
880.4
5,887.1
8,624.7
-90,221.8

100.0%
78.1%
19.5%
2.4%

100.0%
37.8%
62.3%
-0.1%
100.0%
57.2%
36.0%
6.8%
100.0%
78.3%
14.3%
7.4%

100.0%
5.7%
38.2%
56.0%

FY 2012
03/31/2012
182,086.0
158,932.1
44,643.2
5,397.5
-14,078.6
-12,808.2

64,031.2
26,535.3
39,232.2
-1,736.3
450,075.4
177,400.4
138,651.7
103,324.1
30,699.2

265,893.4
67,887.3
19,568.5
4,210.5
2,794.2
171,432.9

13,864.7
839.2
5,354.2
7,671.3
-66,076.4

100.0%
76.1%
21.4%
2.6%

100.0%
41.4%
61.3%
-2.7%
100.0%
57.0%
33.2%
9.9%
100.0%
73.6%
15.8%
10.5%

100.0%
6.1%
38.6%
55.3%

FY 2011
03/31/2011
131,121.5
104,208.2
43,174.6
2,300.6
-8,868.0
-9,693.9

58,189.6
29,377.7
28,875.1
-63.2
360,889.0
153,800.2
92,854.0
97,639.4
16,595.4

217,451.5
53,843.5
19,944.0
218.5
3,717.2
139,728.3

11,510.0
468.8
5,127.3
5,913.9
-83,911.4

-32,435.3
-15,209.1
-69,865.3

27.6%
12.9%
59.5%

-45,256.9
-5,049.7
-39,915.2

50.2%
5.6%
44.2%

-28,193.4
-2,580.1
-35,302.9

42.7%
3.9%
53.4%

-38,673.5
-368.8
-44,869.1

FY 2011
03/31/2011
100.0%
69.6%
28.8%
1.5%

100.0%
50.5%
49.6%
-0.1%
100.0%
57.4%
36.4%
6.2%
100.0%
83.5%
0.9%
15.6%

100.0%
4.1%
44.5%
51.4%

FY 2010
03/31/2010
110,915.4
75,901.6
47,694.8
1,132.0
-5,279.9
-8,533.1

52,592.1
34,202.4
18,746.6
-356.9
251,224.1
118,501.7
34,664.2
85,516.2
12,542.0

145,397.2
26,186.1
22,421.2
10,155.6
591.4
86,042.9

9,969.6
132.4
5,406.4
4,430.8
-72,534.1

100.0%
60.9%
38.2%
0.9%

100.0%
65.0%
35.6%
-0.7%
100.0%
54.7%
39.5%
5.8%
100.0%
67.6%
30.6%
1.8%

100.0%
1.3%
54.2%
44.4%

FY 2009
03/31/2009
108,747.3
82,554.3
40,674.2
675.6
-7,579.0
-7,577.8
41,044.6
21,579.4
19,377.9
87.3
41,044.6
21,579.4
19,377.9
87.3
193,056.6
92,075.5
34,113.3
66,620.6
243.4
3.8
122,497.1
16,152.5
23,700.6
421.6
234.2
81,988.2

9,640.6
34.2
5,949.5
3,656.9
-39,149.3

100.0%
66.6%
32.8%
0.5%

100.0%
52.6%
47.2%
0.2%
100.0%
52.6%
47.2%
0.2%
100.0%
57.9%
41.9%
0.2%
100.0%
97.3%
1.7%
1.0%

100.0%
0.4%
61.7%
37.9%

FY 2008
03/31/2008
54,725.8
59,858.4
6,632.2
289.0
-7,382.5
-4,671.3

21,365.4
3,960.2
17,356.6
48.6
133,093.7
54,592.5
24,437.0
53,100.3
961.9
2.0
179,330.5
11,047.8
94,491.7
3,727.0
83.5
69,980.5

4,792.5
24.5
878.8
3,889.2
-19,364.7

100.0%
89.6%
9.9%
0.4%

100.0%
18.5%
81.2%
0.2%
100.0%
50.2%
48.9%
0.9%
100.0%
96.1%
3.8%
0.1%

100.0%
0.5%
18.3%
81.2%

46.1%
0.4%
53.5%

-22,419.2
-3,087.9
-47,027.0

30.9%
4.3%
64.8%

-9,029.3
-127.7
-29,992.3

23.1%
0.3%
76.6%

-11,906.3
-177.0
-7,281.4

61.5%
0.9%
37.6%

FY 2007
03/31/2007
35,198.1
36,945.3
5,315.1
397.8
-3,999.8
-3,460.3

11,812.1
2,854.8
8,931.9
25.4
100,163.5
40,857.9
48,156.5
10,668.3
480.8

74,519.1
13,189.2
6,641.6
272.1
56.0
54,360.2

3,365.5
17.9
555.6
2,792.0
-43,098.3

100.0%
86.6%
12.5%
0.9%

100.0%
24.2%
75.6%
0.2%
100.0%
78.6%
20.5%
0.9%
100.0%
95.3%
3.9%
0.8%

100.0%
0.5%
16.5%
83.0%

-27,979.7
-41.5
-15,077.1

64.9%
0.1%
35.0%

Jindal Steel & Power Ltd (JSP IN) - By Geography

In Millions of INR except Per Share
12 Months Ending
Revenue
India
Reconciliation
Outside India
Operating Income
India
Segment Profit
India
Assets
India
Outside India
Liabilities
India
Reconciliation
Capital Employed
India
Depreciation and Amortization
India
Depreciation
India
Capital Expenditures
Outside India
India
Source: Bloomberg

FY 2016
03/31/2016
178,124.4
184,121.8
-5,997.4

186,871.5
186,871.5

100.0%
100.0%

100.0%
100.0%

FY 2015
03/31/2015
194,006.7
152,727.8

41,278.9

755,366.2
651,671.3
103,694.9
536,372.9
544,945.4
-8,572.5

27,328.3
27,328.3

-57,126.0
-18,414.0
-38,712.0

100.0%
78.7%
21.3%

100.0%
86.3%
13.7%
100.0%
100.0%

100.0%
100.0%

32.2%
67.8%

FY 2014
03/31/2014
192,863.1
138,508.9

54,354.2

689,134.4
609,010.1
80,124.3
452,226.8
463,029.0
-10,802.2

18,292.0
18,292.0

-117,509.7
-29,142.4
-88,367.3

100.0%
71.8%
28.2%

100.0%
88.4%
11.6%
100.0%
100.0%

100.0%
100.0%

24.8%
75.2%

FY 2013
03/31/2013
198,067.8
175,551.9
-19,311.5
41,827.4

570,726.4
570,726.4

352,631.1
106,449.6
246,181.5

15,392.2
15,392.2
-15,392.2

-15,392.2

100.0%
80.8%
19.2%

100.0%
100.0%
100.0%
100.0%

100.0%
100.0%

100.0%

FY 2012
03/31/2012
182,086.0
160,375.5
-14,078.6
35,789.1

450,075.4
450,075.4

265,893.4
94,460.5
171,432.9

13,864.7
13,864.7
-13,864.7

-13,864.7

100.0%
81.8%
18.2%

100.0%
100.0%
100.0%
100.0%

100.0%
100.0%

100.0%

FY 2011
03/31/2011
131,121.5
131,121.5

360,889.0
360,889.0

217,451.5
217,451.5

11,510.0
11,510.0
-83,911.4

-83,911.4

FY 2011
03/31/2011
100.0%
100.0%

100.0%
100.0%
100.0%
100.0%

100.0%
100.0%

100.0%

FY 2010
03/31/2010
110,915.4
110,915.4

251,224.1
251,224.1

145,397.2
145,397.2

9,969.6
9,969.6
-72,534.1

-72,534.1

100.0%
100.0%

100.0%
100.0%
100.0%
100.0%

100.0%
100.0%

100.0%

FY 2009
03/31/2009
108,747.3
108,747.3

41,044.6
41,044.6
41,044.6
41,044.6
193,056.6
193,056.6

122,497.1
122,497.1

9,640.6
9,640.6
-39,150.9

-39,150.9

100.0%
100.0%

100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%

100.0%
100.0%

100.0%

FY 2008
03/31/2008
54,725.8
54,725.8

13,311.2
13,311.2

94,491.7
94,491.7

4,792.5
4,792.5
-19,364.7

-19,364.7

100.0%
100.0%

100.0%
100.0%
100.0%
100.0%

100.0%
100.0%

100.0%

FY 2007
03/31/2007
35,198.1
35,198.1

100,163.5
100,163.5

74,519.1
74,519.1

3,365.5
3,365.5
-43,098.3

-43,098.3

100.0%
100.0%

100.0%
100.0%
100.0%
100.0%

100.0%
100.0%

100.0%

Jindal Steel & Power Ltd (JSP IN) - By Segment

In Millions of INR except Per Share
12 Months Ending
Iron & Steel
Revenue
Capital Employed
Segment Profit
Operating Income
Assets
Depreciation and Amortization
Capital Expenditures
Liabilities
Depreciation
Power
Revenue
Capital Employed
Segment Profit
Operating Income
Assets
Depreciation and Amortization
Capital Expenditures
Liabilities
Depreciation
Others (Including Rails)
Revenue
Capital Employed
Segment Profit
Operating Income
Assets
Depreciation and Amortization
Capital Expenditures
Liabilities
Depreciation
Adjustment
Revenue
Liabilities
Assets
Inter Segment
Revenue
Unallocated
Capital Employed
Assets
Liabilities

FY 2016
03/31/2016

FY 2015
03/31/2015

FY 2014
03/31/2014

147,113.8
310,154.2
10,237.3

156,312.5

23,772.2
354,077.5
17,567.3
-35,645.2
21,628.2

159,963.0

33,209.8
237,954.9
10,234.2
-69,865.3
27,588.2

57,209.1
136,492.2
15,651.8

57,013.4

28,396.4
166,999.4
7,062.8
-10,412.0
11,430.4

42,032.5

19,877.1
163,811.7
5,754.0
-32,435.3
12,581.4

3,833.5
28,150.5
-2,074.3

3,314.1

-10,232.4
62,500.9
2,698.2
-11,068.7
3,304.7

7,431.5

-4,858.4
79,136.5
2,303.8
-15,209.1
17,039.3

-5,997.4

-8,572.5

-10,802.2

-24,034.6

-22,633.3

-16,563.9

-287,925.5

171,788.3
508,582.1

208,231.3
405,820.1

Source: Bloomberg

FY 2013
03/31/2013

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

182,372.6

39,154.4

220,169.0

-39,915.2
30,450.3
8,624.7

158,932.1

39,232.2

177,400.4

-35,302.9
19,568.5
7,671.3

104,208.2

28,875.1

153,800.2

-44,869.1
19,944.0
5,913.9

75,901.6

18,746.6

118,501.7

-47,027.0
22,421.2
4,430.8

82,554.3

19,377.9
19,377.9
92,075.5

-29,992.3
23,700.6
3,656.9

59,858.4

17,356.6

54,592.5

-7,281.4
94,491.7
3,889.2

45,599.6

23,788.6

138,721.7

-45,256.9
5,570.6
5,887.1

44,643.2

26,535.3

103,324.1

-28,193.4
4,210.5
5,354.2

43,174.6

29,377.7

97,639.4

-38,673.5
218.5
5,127.3

47,694.8

34,202.4

85,516.2

-22,419.2
10,155.6
5,406.4

40,674.2

21,579.4
21,579.4
66,620.6

-9,029.3
421.6
5,949.5

6,632.2

3,960.2

53,100.3

-11,906.3
3,727.0
878.8

5,579.5

-67.1

26,103.2

-5,049.7
2,867.7
880.4

5,397.5

-1,736.3

30,699.2

-2,580.1
2,794.2
839.2

2,300.6

-63.2

16,595.4

-368.8
3,717.2
468.8

1,132.0

-356.9

12,542.0

-3,087.9
591.4
132.4

675.6

87.3
87.3
243.4

-127.7
234.2
34.2

289.0

48.6

961.9

-177.0
83.5
24.5

-19,311.5
246,181.5

-14,078.6
171,432.9

-8,868.0
139,728.3

-5,279.9
86,042.9

-7,579.0
81,988.2
3.8

-7,382.5
69,980.5
2.0

-16,172.4

-12,808.2

-9,693.9

-8,533.1

-7,577.8

-4,671.3

185,732.6
67,561.0

138,651.7
67,887.3

92,854.0
53,843.5

34,664.2
26,186.1

34,113.3
16,152.5

24,437.0
11,047.8

FY 2007
03/31/2007
36,945.3

8,931.9

40,857.9

-15,077.1
6,641.6
2,792.0
5,315.1

2,854.8

10,668.3

-27,979.7
272.1
555.6
397.8

25.4

480.8

-41.5
56.0
17.9
-3,999.8
54,360.2

-3,460.3

48,156.5
13,189.2

Jindal Steel & Power Ltd (JSP IN) - Benchmark

In Millions of INR except Per Share
12 Months Ending
Return on Common Equity
S&P BSE SENSEX Index
Return on Capital
S&P BSE SENSEX Index
Operating Margin
S&P BSE SENSEX Index
Price/EPS
S&P BSE SENSEX Index
Price/Book
S&P BSE SENSEX Index
Periodic EV to Trailing 12M EBITDA
S&P BSE SENSEX Index
Net Debt/EBITDA
S&P BSE SENSEX Index
Source: Bloomberg

CY 2015
12/31/2015
-9.57
14.93
0.22
7.44
3.49
14.24

20.09
0.47
2.81
14.38
12.63
12.55
2.73

CY 2014
12/31/2014
-5.86
16.21
0.65
7.94
16.49
13.75
7.39
19.39
0.66
2.93
9.80
11.52
7.24
2.19

CY 2013
12/31/2013
8.71
17.00
5.68
9.42
19.18
13.75
12.71
16.69
1.06
2.60
11.44
10.75
6.41
2.45

CY 2012
12/31/2012
14.79
17.32
9.13
8.70
23.14
13.28
14.39
16.74
1.97
2.70
9.39
11.04
3.99
2.50

CY 2011
12/31/2011
24.61
18.60
14.75
9.85
31.43
13.76
10.68
14.79
2.34
2.52
9.41
10.17
2.20
2.21

CY 2010
12/31/2010
30.61
18.17
17.69
9.54
40.55
15.31
17.72
20.41
4.71
3.57
12.09
13.28
1.99
2.13

CY 2009
12/31/2009
40.91
17.04
23.34
8.55
44.88
13.89
18.32
24.08
6.29
3.50
12.30
12.79
1.40
2.12

CY 2008
12/31/2008
55.86
22.30
26.55
11.15
41.04
14.83
4.62
11.43
2.00
2.17
4.69
8.07
1.29
1.95

CY 2007
12/31/2007

32.20

15.64

16.51

22.07

6.10

16.56

1.44

CY 2006
12/31/2006

26.31

13.33

17.69

20.76

4.93

14.91

1.46

Jindal Steel & Power Ltd (JSP IN) - Contractual Obligations

In Millions of INR except Per Share
12 Months Ending
Debt Schedule
Capital Leases Schedule
Total Future Value of Capital Leases
Present Value of ST Capital Leases
Present Value of LT Capital Leases
Total Present Value of Capital Leases
Operating Leases (Rental Expense) Schedule
Rental Expense - Year 1
Rental Expense - Years 2 - 5
Rental Expense Beyond Year 5
Future Min Oper Lease Obligations
Contractual Obligations Schedule
Source: Bloomberg

FY 2015
03/31/2015

FY 2014
03/31/2014

FY 2013
03/31/2013

0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0

269.3
1,077.0
1,346.3
2,692.6

248.2
992.9
1,489.4
2,730.5

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2008
03/31/2008

FY 2007
03/31/2007

FY 2006
03/31/2006

0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0

2.0

2.0

24.3
2.0

26.3

24.2

26.3
50.5

Jindal Steel & Power Ltd (JSP IN) - Options

In Millions of INR except Per Share
12 Months Ending
Options Activity
Options Granted During Period
Options Outstanding End Of Period
Options Exercisable End of Period

FY 2015
03/31/2015

FY 2014
03/31/2014

FY 2006
03/31/2006

0.0
0.0
0.0

0.0
0.0
0.0

25.8
25.2

0.0
0.0

0.0
0.0

Price

Assumptions
Stock Expense
Expense For Stock-Based Compensation
Stock Option Expense (After Tax)
Source: Bloomberg

Jindal Steel & Power Ltd (JSP IN) - Employee Data

In Millions of INR except Per Share
12 Months Ending
Number of Employees
Sales per Employee
Actual Net Income per Employee
Actual Assets per Employee
Actual Cash Flow per Employee
Source: Bloomberg

FY 2013
03/31/2013
7,792.00
25,419,378.85
3,734,740.76
73,245,174.54
2,640,875.26

Jindal Steel & Power Ltd (JSP IN) - Fixed Charge

In Millions of INR except Per Share
12 Months Ending
EBIT/Interest Expense
EBIT/Total Interest Expense
Degree of Financial Leverage
EBITDA less CAPEX /Interest Exp
EBITDA/Total Interest Expense
T12M CFO/Total Debt
T12M FCF/Total Debt
Operating Income/Total Debt
Total Debt/T12M EBITDA
Net Debt to T12M EBITDA
Source: Bloomberg

FY 2016
03/31/2016
0.19
0.19

1.05

FY 2015
03/31/2015
1.12
1.12
9.25
0.29
2.08

FY 2014
03/31/2014
2.47
2.47
1.68
-5.27
3.69

0.01
12.73
12.55

-0.05
-0.16
0.07
7.67
7.24

0.07
-0.30
0.10
6.58
6.41

FY 2013
03/31/2013
4.79
4.79
1.26
-2.38
6.40

FY 2012
03/31/2012
8.22
8.22
1.14
1.50
10.21

FY 2011
03/31/2011
12.57
12.57
1.09
-4.77
15.29

FY 2010
03/31/2010
11.04
11.04
1.10
-1.09
13.35

FY 2009
03/31/2009
8.64
8.64
1.13
3.43
10.62

FY 2008
03/31/2008
7.08
7.08
1.16
1.32
8.84

0.08
-0.26
0.19
4.02
3.99

0.20
-0.19
0.36
2.22
2.20

0.22
-0.42
0.40
2.06
1.99

0.60
-0.16
0.58
1.43
1.40

0.41
-0.05
0.55
1.48
1.29

0.19
-0.10
0.27
2.91
2.59

FY 2007
03/31/2007
6.80
6.80
1.17
-13.68
8.92
0.27
-0.39
0.20
3.83
3.75

Jindal Steel & Power Ltd (JSP IN) - CAPEX & Depreciation
In Millions of INR except Per Share
12 Months Ending
Depreciation Expenses
Depr Exp / Net Sales
Depr Exp / Net Fixed Assets
Accum Depr / Total Assets
Accum Depr / Gross Fixed Assets
Capitalized Int Exp
Cap Interest/Pretax Income
Capital Expenditures
CAPEX/Sales
CAPEX/Total Assets
Capital Expend / Depr Exp
CAPEX to Depreciation Expense 5 Year Average
Total Capital Expenditures - 1 Yr Growth
Average Age of Assets in Years
Source: Bloomberg

FY 2015
03/31/2015

16.21
19.63

-50,963.8
26.27
7.06

-62.02

FY 2014
03/31/2014

13.79
16.52

-134,184.1
69.57
21.30

59.72

FY 2013
03/31/2013
15,392.2
7.77
0.05
12.89
16.47
0.0
0.00
-84,012.4
42.42
16.46
5.46
5.52
38.63
4.78

FY 2012
03/31/2012
13,864.7
7.61
0.05
12.87
16.21
0.0
0.00
-60,603.8
33.28
14.95
4.37
5.28
-28.60
4.18

FY 2011
03/31/2011
11,510.0
8.78
0.05
12.19
15.40
0.0
0.00
-84,875.9
64.73
27.73
7.37
6.54
30.32
3.82

FY 2010
03/31/2010
9,969.6
8.99
0.07
12.98
15.46
0.0
0.00
-65,130.8
58.72
29.32
6.53
7.17
75.14
3.27

FY 2009
03/31/2009
9,640.6
8.87
0.09
11.60
15.06
0.0
0.00
-37,188.2
34.20
22.80
3.86

82.06
2.32

FY 2008
03/31/2008
4,792.5
8.73
0.06
9.13
11.38
0.0
0.00
-20,426.3
37.21
17.51
4.26

-43.19
2.54

FY 2007
03/31/2007
3,365.5
9.56
0.05
7.82
9.01
0.0
0.00
-35,953.5
102.15
43.23
10.68

55.77
2.33

FY 2006
03/31/2006
2,191.7
8.46

8.22
10.47
0.0
0.00
-23,081.1
89.11

10.53

2.48

Jindal Steel & Power Ltd (JSP IN) - Overview

In Millions of INR except Per Share
12 Months Ending
Accounting Standard
Number of Employees
Last Price
Shares Outstanding
Market Capitalization
Revenue
Product/Brand Segments
Iron & Steel
Power
Others (Including Rails)
Adjustment
Inter Segment
Geographic Segments
India
Reconciliation
Outside India
EBITDA
Trailing 12M EBITDA Margin
Net Income (Losses)
Trailing 12M Earnings per Share
Price/T12M Earnings per Share

Last 12M
03/31/2016

FY 2016
03/31/2016
IN GAAP

FY 2015
03/31/2015
IN GAAP

68.85
914.9
62,991.1

60.25
914.9
55,122.7

156.80
914.9
143,456.9

178,124.4

178,124.4
178,124.4
147,113.8
57,209.1
3,833.5
-5,997.4
-24,034.6
178,124.4
184,121.8
-5,997.4

34,403.4
19.31
-19,020.0
-20.79

194,006.7
194,006.7
156,312.5
57,013.4
3,314.1

-22,633.3
194,006.7
152,727.8

41,278.9
59,314.2
30.57
-12,781.2
-13.97

1.84

0.00

0.96

568,049.3
738,906.7

544,176.1

501,381.4
755,366.1
755,366.1
354,077.5
171,788.3
166,999.4
62,500.9

755,366.2
651,671.3
103,694.9
536,372.9

33,985.9
19.08
-19,020.2
-20.79

Dividends per Share

Dividend Payout Ratio
Dividend Yield
Net Fixed Assets
Total Assets
Product/Brand Segments
Iron & Steel
Unallocated Assets
Power
Others (Including Rails)
Reconciliation
Geographic Segments
India
Outside India
Total Liabilities

568,049.3
738,906.7

544,176.1

Product/Brand Segments
Unallocated Liabilities
Iron & Steel
Power
Others (Including Rails)
Adjustment
Geographic Segments
India
Reconciliation
Total Equity
Book Value per Share
Price/Book Value per Share
Net Tangible Assets per Share
Altman's Z-Score
Cash From Operations
Cash Flow per Share
Free Cash Flow
Free Cash Flow per Basic Share
Net Changes in Cash
Source: Bloomberg

194,730.6
204.25
0.34
198.26
0.64

194,730.6
204.25
0.29
198.26
0.64

536,372.9
508,582.1
21,628.2
11,430.4
3,304.7
-8,572.5
536,372.9
544,945.4
-8,572.5
218,993.2
229.99
0.68
169.02
0.94

-23,488.5
-25.67
-74,452.3
-81.38
1,629.2

FY 2014
03/31/2014
IN GAAP

FY 2013
03/31/2013
IN GAAP
7,792.00

FY 2012
03/31/2012
IN GAAP

FY 2011
03/31/2011
IN GAAP

FY 2010
03/31/2010
IN GAAP

FY 2009
03/31/2009
IN GAAP

292.45
914.9
267,558.4

347.75
934.8
325,088.5

545.15
934.8
509,624.7

697.30
934.3
651,465.8

703.10
931.2
654,750.7

200.93
927.9
186,441.5

192,863.1
192,863.1
159,963.0
42,032.5
7,431.5

-16,563.9
192,863.1
138,508.9

54,354.2
55,287.1
28.67
19,103.6
20.53
14.25

198,067.8
198,067.8
182,372.6
45,599.6
5,579.5
-19,311.5
-16,172.4
198,067.8
175,551.9
-19,311.5
41,827.4
61,217.4
30.91
29,101.1
31.13
11.17

182,086.0
182,086.0
158,932.1
44,643.2
5,397.5
-14,078.6
-12,808.2
182,086.0
160,375.5
-14,078.6
35,789.1
71,086.0
39.04
39,649.0
42.42
12.85

131,121.5
131,121.5
104,208.2
43,174.6
2,300.6
-8,868.0
-9,693.9
131,121.5
131,121.5

64,685.9
49.33
37,538.8
40.18
17.36

110,915.4
110,915.4
75,901.6
47,694.8
1,132.0
-5,279.9
-8,533.1
110,915.4
110,915.4

60,205.0
54.28
35,729.7
38.39
18.32

108,747.3
108,747.3
82,554.3
40,674.2
675.6
-7,579.0
-7,577.8
108,747.3
108,747.3

54,887.4
50.47
30,457.2
32.85
6.12

1.50
7.18
0.55

1.60
5.14
0.46

1.60
3.77
0.28

1.50
3.74
0.18

1.25
3.26
0.13

0.92
2.80
0.21

480,256.5
689,134.4
689,134.4
237,954.9
208,231.3
163,811.7
79,136.5

689,134.4
609,010.1
80,124.3
452,226.8

373,373.9
570,726.4
570,726.5
220,169.0
185,732.6
138,721.7
26,103.2

570,726.4
570,726.4

352,631.1

299,346.8
450,075.4
450,075.4
177,400.4
138,651.7
103,324.1
30,699.2

450,075.4
450,075.4

265,893.4

241,712.2
360,889.0
360,889.0
153,800.2
92,854.0
97,639.4
16,595.4

360,889.0
360,889.0

217,451.5

178,299.2
251,224.1
251,224.1
118,501.7
34,664.2
85,516.2
12,542.0

251,224.1
251,224.1

145,397.2

126,328.8
193,056.6
193,056.6
92,075.5
34,113.3
66,620.6
243.4
3.8
193,056.6
193,056.6

122,497.1

452,226.8
405,820.1
27,588.2
12,581.4
17,039.3
-10,802.2
452,226.8
463,029.0
-10,802.2
236,907.6
247.14
1.18
194.95
1.16

352,631.1
67,561.0
30,450.3
5,570.6
2,867.7
246,181.5
352,631.1
106,449.6
246,181.5
218,095.3
227.34
1.53
213.20
1.57

265,893.4
67,887.3
19,568.5
4,210.5
2,794.2
171,432.9
265,893.4
94,460.5
171,432.9
184,182.0
193.74
2.81
190.49
2.41

217,451.5
53,843.5
19,944.0
218.5
3,717.2
139,728.3
217,451.5
217,451.5

143,437.5
151.03
4.62
149.37
2.98

145,397.2
26,186.1
22,421.2
10,155.6
591.4
86,042.9
145,397.2
145,397.2

105,826.9
111.86
6.29
110.62
4.31

122,497.1
16,152.5
23,700.6
421.6
234.2
81,988.2
122,497.1
122,497.1

70,559.5
75.98
2.64
75.02
2.73

25,817.0
27.75
-108,367.1
-116.48
7,657.2

20,577.7
22.01
-63,434.7
-67.86
428.8

31,169.7
33.35
-29,434.1
-31.49
-131.5

29,518.1
31.59
-55,357.8
-59.25
3,656.2

51,262.5
55.08
-13,868.3
-14.90
-5,565.9

33,455.5
36.09
-3,732.7
-4.03
486.9

FY 2008
03/31/2008
IN GAAP

345.00
923.8
318,700.0
54,889.8
54,725.8
59,858.4
6,632.2
289.0
-7,382.5
-4,671.3
54,725.8
54,725.8

24,002.8
43.73
12,740.2
13.79
25.02
0.67
4.87
0.19
94,626.9
133,111.9
133,093.7
54,592.5
24,437.0
53,100.3
961.9
2.0
13,311.2
13,311.2

94,491.7

179,330.5
11,047.8
94,491.7
3,727.0
83.5
69,980.5
94,491.7
94,491.7

38,620.2
41.73
8.27
41.45
3.33
13,479.3
14.59
-6,947.0
-7.52
5,220.6

Jindal Steel & Power Ltd (JSP IN) - As Reported Summary

In Millions of INR except Per Share
12 Months Ending
Income Statement
Revenues
Revenues
Expenses
Total Operating Expenses
Earnings
Net Income
Balance Sheet
Assets
Total Current Assets
Total Assets
Liabilities
Total Current Liabilities
Stockholder Equity
Total Shareholders Equity
Total Liabilities and Shareholders Equity
Cash Flows
Cash From Operating Activities
Total Cash Flows From Operations
Cash From Investing Activities
Total Cash Flows From Investing
Cash from Financing Activities
Total Cash Flows From Financing
Net Change In Cash
Source: Bloomberg

FY 2016
03/31/2016

FY 2015
03/31/2015

FY 2014
03/31/2014

178,124.4

194,006.7

192,863.1

-19,020.0

-12,781.2

19,103.6

139,087.4
738,906.7

755,366.1

689,134.4

167,376.5

738,906.7

755,366.1

689,134.4

9,889.7

45,801.1

-63,411.9

-126,937.5

55,151.3
1,629.2

88,793.6
7,657.2

FY 2013
03/31/2013

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

198,067.8

182,086.0

131,121.5

110,915.4

108,747.3

54,889.8

29,101.1

39,649.0

37,538.8

35,729.7

30,457.2

12,740.2

570,726.4

68,510.4

60,660.5

34,550.8

50,899.6

34,193.7

19,584.3

570,726.4

450,075.4

360,889.0

104,167.8

70,514.9

38,557.8

35,223.0

39,220.9

34,822.2

55,746.7

38,736.5

13,467.1

-95,905.5

-61,706.6

-80,362.8

-62,266.8

-40,521.4

-22,351.4

61,111.3
428.8

22,354.2
-131.5

49,196.8
3,656.2

954.2
-5,565.9

2,271.8
486.9

14,104.9
5,220.6

FY 2007
03/31/2007

35,198.1
16,100.0

19,928.5

16,008.5

14,871.0
-35,640.3
20,753.6
-15.7

Jindal Steel & Power Ltd (JSP IN) - Dividend Summary

In Millions of INR except Per Share
12 Months Ending
Dividends per Share
Dividends per Share - 5 Yr Geo Growth
Dividend Yield
Dividend Payout Ratio
Cash Dividend Coverage
Dividend Right Parity
Dividends Paid
Total Cash Preferred Dividends
Total Cash Common Dividends
Trailing 12M Preferred Dividends
Trailing 12M Common Dividends
Trailing 12M Dividends Per Share
Source: Bloomberg

FY 2016
03/31/2016

1.84

0.0

0.0

FY 2015
03/31/2015
0.00
-100.00
0.96

-1,448.4
0.0
0.0
0.0
0.0
0.00

FY 2014
03/31/2014
1.50
10.35
0.55
7.18
13.92
1.00
-1,487.7
0.0
1,372.3
0.0
1,372.3
1.50

FY 2013
03/31/2013
1.60
19.14
0.46
5.14
19.46
1.00
-1,569.1
0.0
1,495.7
0.0
1,495.7
1.60

FY 2012
03/31/2012
1.60
21.67
0.28
3.77
26.51
1.00
-1,924.8
0.0
1,495.7
0.0
1,495.7
1.60

FY 2011
03/31/2011
1.50
24.57
0.18
3.74
26.76
1.00
-1,366.5
0.0
1,402.9
0.0
1,402.9
1.50

FY 2010
03/31/2010
1.25

0.13
3.26
30.66
1.00
-956.0
0.0
1,165.2
0.0
1,165.2
1.25

FY 2009
03/31/2009
0.92

0.21
2.80
35.71
1.00
-451.9
0.0
852.8
0.0
852.8
0.92

FY 2008
03/31/2008
0.67

0.19
4.87
20.54
1.00
-702.4
0.0
620.2
0.0
620.2
0.67

FY 2007
03/31/2007
0.60

0.67
7.85
12.74
1.00
-561.8
0.0
554.3
0.0
554.3
0.60

Jindal Steel & Power Ltd (JSP IN) - Sources of Capital

In Millions of INR except Per Share
12 Months Ending
Net Change Short Term Debt
Net Change Long Term Debt
Net Change in Other Liabilities
Net Change in Liabilities
Net Change in Liabilities % of Total
Reinvested Earnings
External Equity Financing
Net Change in Total Equity
Increase In Equity % of Total
Capital Employed
Product/Brand Segments
Iron & Steel
Power
Others
Unallocated
Geographic Segments
India
Source: Bloomberg

FY 2016
03/31/2016
-23,232.2
6,287.6
24,034.3
7,803.2
-47.41

FY 2015
03/31/2015
-3,667.7
94,993.2
-9,409.1
84,146.1
127.05

FY 2014
03/31/2014
12,514.2
104,986.1
-12,675.1
99,595.7
84.11

-24,262.6
147.41

-12,781.2
-2,903.5
-17,914.4
-27.05

17,731.3
-4,148.5
18,812.3
15.89

539,760.2
186,871.4
310,154.2
136,492.2
28,150.5
-287,925.5
186,871.5
186,871.5

508,387.6

434,203.9

FY 2013
03/31/2013
46,472.1
42,220.1
547.2
86,737.7
71.89

FY 2012
03/31/2012
-13,566.7
38,019.9
24,725.2
48,441.9
54.32

FY 2011
03/31/2011
44,983.0
2,010.3
25,736.4
72,054.3
65.70

FY 2010
03/31/2010
-6,838.6
11,748.4
19,604.8
22,900.1
39.37

FY 2009
03/31/2009
13,621.1
-2,448.7
16,815.2
28,005.4
46.72

FY 2008
03/31/2008
-14,425.2
30,025.7
4,380.6
19,972.6
60.62

27,605.4
3,806.2
33,913.3
28.11

38,153.3
1,854.7
40,744.5
45.68

36,135.9
799.3
37,610.6
34.30

34,564.5
-911.6
35,267.4
60.63

29,604.4
2,352.7
31,939.3
53.28

12,120.0
847.3
12,975.8
39.38

345,881.7

280,895.3

201,990.0

182,188.2

135,205.5

103,601.2

FY 2007
03/31/2007
16,456.4
4,614.8
6,354.3
27,378.1
80.58
6,505.2
46.8
6,599.4
19.42
61,150.8

Jindal Steel & Power Ltd (JSP IN) - Overview

In Millions of INR except Per Share
12 Months Ending
ESG Disclosure Score
Environmental
Environmental Disclosure Score
Total Energy Consumption

Social
Social Disclosure Score
Number of Employees
% Employees Unionized
% Women in Workforce
Community Spending
Governance
Governance Disclosure Score
Size of the Board
Indep Directors
% Indep Directors
Board Duration (Years)
# Board Meetings
Board Mtg Attendance
Source: Bloomberg

FY 2015
03/31/2015
32.23

FY 2014
03/31/2014
31.82

FY 2013
03/31/2013
26.86

15.50

23.26

18.60

83,611.7

71,399.6

43.86
7,129.00
100.00
3.61

24.56

24.56

64.6

522.6

991.4

58.93
14.00
7.00
50.00
5.00
7.00
75.26

58.93
13.00
6.00
46.15
5.00
6.00
73.33

48.21
13.00
6.00
46.15
3.00
5.00
83.33

FY 2012
03/31/2012
22.31

FY 2011
03/31/2011
22.31

FY 2010
03/31/2010
17.77

FY 2009
03/31/2009
17.77

FY 2008
03/31/2008
16.53

FY 2007
03/31/2007
15.29

17.05

17.05

12.40

12.40

12.40

10.08

61,782.7

61,357.3

43,668.6

41,176.7

40,824.4

44,450.3

8.77

8.77

48.21
14.00
7.00
50.00
3.00
4.00
71.43

48.21
14.00
7.00
50.00
3.00
4.00
66.07

48.21
14.00
7.00
50.00
3.00
4.00
73.68

48.21
16.00
8.00
50.00
3.00
4.00
73.07

42.86
12.00
5.00
41.67

4.00
78.04

42.86
11.00
4.00
36.36

5.00
59.26

FY 2006
03/31/2006
15.29

10.08
28,686.1

42.86
11.00
4.00
36.36

4.00
65.00

Jindal Steel & Power Ltd (JSP IN) - Governance

In Millions of INR except Per Share
12 Months Ending
Governance Disclosure Score

FY 2015
03/31/2015
58.93

FY 2014
03/31/2014
58.93

FY 2013
03/31/2013
48.21

Board Structure
Size of the Board
Unitary or Two Tier Board System
# Employee Representatives on Board
Classified Board System

14.00
1.00
0.00
No

13.00
1.00
0.00
No

13.00
1.00
0.00
Yes

Board Independence
# Non Exec Dir on Board
% Non Exec Dir on Board
# Independent Directors
% Independent Directors
CEO Duality
Independent Chairperson
Independent Lead Director
Presiding Director
Former CEO or its Equivalent on Board

11.00
78.57
7.00
50.00
No
No
No
No
Yes

8.00
61.54
6.00
46.15
No
No
No
No
Yes

9.00
69.23
6.00
46.15
No
No
No
No
Yes

Board & Exec Diversity

# Women on Board
% Women on Board
Female Chief Executive Officer or Equivalent
Female Chairperson or Equivalent
# Executives / Company Mgrs
CEO or Equivalent Appointed from Within
# Female Executives
% Female Executives

1.00
7.14
No
No
4.00
No
0.00
0.00

1.00
7.69
No
No
4.00
No
0.00
0.00

1.00
7.69
No
No
4.00
No
0.00
0.00

Board Duration (Years)

5.00

5.00

3.00

7.00
75.26
79.54
5.00

6.00
73.33
77.77
6.00

5.00
83.33
95.00
5.00

4.00
3.00

4.00
3.00

4.00
3.00

Board Committees
# Board Meetings
Board Meeting Attendance %
Independent Directors Board Meeting Attendance %
# Dir Attending Less than 75% of Mtgs
Audit Committee
Size of Audit Committee
# Independent Dir on Audit Cmte

% Independent Dir on Audit Cmte

Independent Audit Committee Chairperson
# Non Exec Dir on Audit Cmte
Audit Committee Meetings
Audit Committee Meeting Attendance Percentage

75.00
Yes
3.00
11.00
82.22

75.00
Yes
3.00
8.00
78.12

75.00
Yes
3.00
8.00
84.37

Compensation Committee
Size of Compensation Committee
# Independent Dir on Comp Cmte
% Independent Dir on Comp Cmte
Independent Compensation Committee Chairperson
# Non Exec Dir on Comp Cmte
# Comp Committee Meetings
Compensation Committee Meeting Attendance %
Outside Compensation Advisors Appointed

3.00
3.00
100.00
Yes
3.00
3.00
88.89
n/a

3.00
3.00
100.00
Yes
3.00
2.00
100.00
n/a

3.00
3.00
100.00
Yes
3.00
3.00
100.00
n/a

Nomination Committee
Size of Nomination Committee
# Independent Dir on Nom Cmte
% of Ind Directors on Nomination Committee
Independent Nomination Committee Chairperson
# Non Exec Dir on Nom Cmte
# Nom Cmte Meetings
Nomination Committee Meeting Attendance Percentage

3.00
3.00
100.00
Yes
3.00
3.00
88.89

3.00
3.00
100.00
Yes
3.00
2.00
100.00

3.00
3.00
100.00
Yes
3.00
3.00
100.00

Yes

Yes

Yes

No
No
No
No
No
No

No
No
No
No
No
No

No
No
No
No
No
No

n/a
1.00

n/a
10.00

n/a
9.00

CSR/Sustainability Committee
Board & Exec Activities
Non-Executive Director with Responsibility for CSR
Executive Director with Responsibility for CSR
Executive Compensation Linked to ESG
ESG Linked Compensation for Board
Clawback Provision for Executive Compensation
Chg of Ctrl Benefits/Golden Parachute Agreements
Shareholder Rights

AGM Voting Results

Auditor Ratification
Years Auditor Employed
Director Compensation
GRI

GRI Criteria Compliance

Global Reporting Initiatives Checked
Source: Bloomberg

Yes
No

Yes
No

No
No

FY 2012
03/31/2012
48.21

FY 2011
03/31/2011
48.21

FY 2010
03/31/2010
48.21

FY 2009
03/31/2009
48.21

FY 2008
03/31/2008
42.86

FY 2007
03/31/2007
42.86

14.00
1.00
0.00
Yes

14.00
1.00
0.00
Yes

14.00
1.00
0.00
Yes

16.00
1.00
0.00
Yes

12.00
1.00
0.00
Yes

11.00

n/a

10.00
71.43
7.00
50.00
Yes
No
No
No
Yes

10.00
71.43
7.00
50.00
No
No
No
No
Yes

10.00
71.43
7.00
50.00
No
No
No
No
Yes

11.00
68.75
8.00
50.00
No
No
No
No
Yes

7.00
58.33
5.00
41.67
No
No
No
No
Yes

4.00
36.36
No
n/a
n/a
n/a
n/a

1.00
7.14
No
No
4.00
Yes
0.00
0.00

1.00
7.14
No
Yes
4.00
Yes
0.00
0.00

1.00
7.14
No
Yes
4.00
Yes
0.00
0.00

2.00
12.50
No
Yes
5.00
Yes
0.00
0.00

2.00
16.67
No
Yes
5.00
Yes
0.00
0.00

9.09
n/a
n/a

n/a

3.00

3.00

3.00

3.00

4.00
71.43
78.57
3.00

4.00
66.07
67.85
6.00

4.00
73.68
77.78
5.00

4.00
73.07
79.16
3.00

4.00
78.04
84.62
3.00

5.00
59.26

4.00
3.00

4.00
3.00

3.00
2.00

4.00
3.00

3.00
3.00

75.00
Yes
4.00
4.00
84.21

75.00
Yes
4.00
4.00
75.00

66.67
Yes
3.00
4.00
100.00

75.00
Yes
3.00
4.00
100.00

100.00
Yes
3.00
5.00
92.30

n/a

5.00

0.00

n/a

No

0.00

n/a

No

0.00

n/a

No

0.00

n/a

No

0.00

n/a

No

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

No

No

No

No

No

n/a

No
No
No
No
No
No

No
No
No
No
No
No

No
No
No
No
No
No

No
No
No
No
No
No

No
No
No
No
No
No

n/a
n/a
No
No
n/a
n/a

Yes
8.00

Yes
7.00

Yes
6.00

Yes
5.00

Yes
4.00

n/a

No
No

No
No

No
No

No
No

No
No

No
No

FY 2006
03/31/2006
42.86

11.00

n/a

4.00
36.36
No
n/a
n/a
n/a
n/a

9.09
n/a
n/a

n/a

4.00
65.00


n/a

3.00

n/a

n/a

n/a

n/a

n/a
n/a
No
No
n/a
n/a

n/a

No
No

Jindal Steel & Power Ltd (JSP IN) - ESG Ratios

In Millions of INR except Per Share
12 Months Ending
Greenhouse Gases

FY 2015
03/31/2015

FY 2014
03/31/2014

FY 2013
03/31/2013

433.53
1,512.32
121.33

360.48
1,166.33
125.10

0.11
0.03
-0.01

2.08
0.95
0.22
0.01

2.56
1.62
0.45
0.01
3,734,740.76
2,640,875.26
823,267.45

78.57
50.00
7.14
0.00
75.26
79.54
75.00
82.22
100.00
88.89
100.00

61.54
46.15
7.69
0.00
73.33
77.77
75.00
78.12
100.00
100.00
100.00

69.23
46.15
7.69
0.00
83.33
95.00
75.00
84.37
100.00
100.00
100.00

Carbon Dioxide
Energy
Energy Intensity per Sales
Energy Intensity per EBITDA
Energy Intensity per Assets
Water
Waste
Other Environmental
Social
Community Spend % PTP
Community Spend%EBITDA
Community Spend%Equity
R&D Expenditures per Cash Flow
Actual Net Income per Employee
Actual Cash Flow per Employee
Actual Personnel Expenses per Employee
Governance
Percentage of Non-Executive Directors on Board
% Independent Directors
% Women on Board
Percentage of Female Executives
Board Meeting Attendance %
Independent Directors Board Meeting Attendance %
Pct of Independent Directors on Audit Committee
Audit Committee Meeting Attendance Percentage
% of Ind Directors on Compensation Committee
Compensation Committee Meeting Attendance %
% of Ind Directors on Nomination Committee
Source: Bloomberg

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

FY 2007
03/31/2007

339.30
869.13
137.27

467.94
948.54
170.02

393.71
725.33
173.82

378.65
750.20
213.29

743.75
1,700.82
306.69

1,262.86
3,132.82
443.78

0.00

0.00

0.06

0.00

0.00

0.00

71.43
50.00
7.14
0.00
71.43
78.57
75.00
84.21

71.43
50.00
7.14
0.00
66.07
67.85
75.00
75.00

71.43
50.00
7.14
0.00
73.68
77.78
66.67
100.00

68.75
50.00
12.50
0.00
73.07
79.16
75.00
100.00

58.33
41.67
16.67
0.00
78.04
84.62
100.00
92.30

36.36
9.09

59.26

FY 2006
03/31/2006

1,107.51
2,767.24
433.42

36.36
9.09

65.00

Jindal Steel & Power Ltd (JSP IN) - Steel

In Millions of INR except Per Share
12 Months Ending
Revenue
Product/Brand Segments
Iron & Steel
Power
Others (Including Rails)
Adjustment
Inter Segment
Geographic Segments
India
Reconciliation
Outside India
Operating Income or Losses
Product/Brand Segments
Power
Iron & Steel
Others (Including Rails)
Geographic Segments
India
EBITDA
Steel Production
Steel Shipments
Operating Margin
Other
Steel Capacity
Iron Ore Utilized
Coal Utilized
Source: Bloomberg

FY 2016
03/31/2016
178,124.4
178,124.4
147,113.8
57,209.1
3,833.5
-5,997.4
-24,034.6
178,124.4
184,121.8
-5,997.4

6,209.5

34,403.4

3.49

FY 2015
03/31/2015
194,006.7
194,006.7
156,312.5
57,013.4
3,314.1

-22,633.3
194,006.7
152,727.8

41,278.9
31,985.9
41,936.2
28,396.4
23,772.2
-10,232.4

59,314.2
9.2

16.49

FY 2014
03/31/2014
192,863.1
192,863.1
159,963.0
42,032.5
7,431.5

-16,563.9
192,863.1
138,508.9

54,354.2
36,995.1
48,228.5
19,877.1
33,209.8
-4,858.4

55,287.1
9.6

19.18

6.3
3.4

6.0
6.0

FY 2013
03/31/2013
198,067.8
198,067.8
182,372.6
45,599.6
5,579.5
-19,311.5
-16,172.4
198,067.8
175,551.9
-19,311.5
41,827.4
45,825.2

61,217.4
10.7

23.14

FY 2012
03/31/2012
182,086.0
182,086.0
158,932.1
44,643.2
5,397.5
-14,078.6
-12,808.2
182,086.0
160,375.5
-14,078.6
35,789.1
57,221.3

71,086.0
10.0

31.43

FY 2011
03/31/2011
131,121.5
131,121.5
104,208.2
43,174.6
2,300.6
-8,868.0
-9,693.9
131,121.5
131,121.5

53,175.9

64,685.9
7.7

40.55

FY 2010
03/31/2010
110,915.4
110,915.4
75,901.6
47,694.8
1,132.0
-5,279.9
-8,533.1
110,915.4
110,915.4

49,774.8

60,205.0
3.5

44.88

FY 2009
03/31/2009
108,747.3
108,747.3
82,554.3
40,674.2
675.6
-7,579.0
-7,577.8
108,747.3
108,747.3

44,627.3
41,044.6
21,579.4
19,377.9
87.3
41,044.6
41,044.6
54,887.4
1.7

41.04

FY 2008
03/31/2008
54,889.8
54,725.8
59,858.4
6,632.2
289.0
-7,382.5
-4,671.3
54,725.8
54,725.8

19,210.3

24,002.8
4.4
0.2
35.00

6.7
7.8

6.7
7.2

6.4
6.5

5.5
5.2

2.6

5.8
4.5
1.1

FY 2007
03/31/2007
35,198.1
35,198.1
36,945.3
5,315.1
397.8
-3,999.8
-3,460.3
35,198.1
35,198.1

10,823.1

14,188.6

30.75

Jindal Steel & Power Ltd (JSP IN) - Pension Analysis

In Millions of INR except Per Share
12 Months Ending
Pension Net Periodic Cost
Pension Expense (Income)
Service Cost
Interest Cost
Expected Return on Plan Assets

FY 2015
03/31/2015

FY 2014
03/31/2014

FY 2013
03/31/2013

0.0

0.0

0.0

63.6
36.6
-28.5

63.6
29.0
-25.2

52.4
24.9
-20.5

Pension Funded Status

Fair Value of Plan Assets
Over(Under) Funded Pension

Actual Return (Loss) on Plan Assets

Benefits Paid

456.5
670.5
-214.0

441.9
524.6
-82.7

262.6
378.3
-115.7

22.5
7.5
-37.3
68.08
0.47

26.2
67.7
-34.2
84.24
0.20

21.2
42.9
-22.1
69.42
0.12

9.08
7.85

9.08
9.25

9.00
8.00

Other Postretirement Cost

Service Cost
Interest Cost
Expected Return on Plan Assets

Other Postretirement Funded Status

Fair Value of Plan Assets
Projected Benefit Obligation
Over(Under) Funded Post Ret Benefits
Actual Return (Loss) on Plan Assets
Employer Contribution
Benefits Paid
Other Post-Retirement Funding Ratio
Other Post-Retirement PBO to Market Cap
Actuarial Assumptions
Pension
Expected Rate Of Return On Plan Assets (Pension)
Discount Rate used on Plan Liabilities
Other Postretirement Benefits
Expected Return on Plan Assets
Discount Rate used on Plan Liabilities
Pension Plan Asset Allocation (Amt)
Fair Value of Plan Assets

Pension Plan Asset Allocation

Fair Value of Plan Assets
Pension Plan Asset Allocation Target %
Expected Pension Payments
Expected Postretirement Benefits
Source: Bloomberg

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

0.0

0.0

7.4
4.0
-3.4

74.1
27.4
-23.2

51.3
20.3
-13.9

21.4
8.6
-8.7

13.0
6.6
-5.2

43.7
43.7

17.3
-1.9

316.3
402.1
-85.8

217.0
326.5
-109.5

119.0
237.9
-118.9

76.0
107.8
-31.8

16.6
89.7
-10.8
78.66
0.08

12.6
78.0
-7.9
66.46
0.05

6.6

-4.2
50.02
0.04

7.8

-3.7
70.50
0.06

9.25
8.60

9.00
8.50

9.00
8.50

9.00
8.50

9.25
8.20

43.7

43.7

Jindal Steel & Power Ltd (JSP IN) - Environmental

In Millions of INR except Per Share
12 Months Ending
Environmental Disclosure Score

Total Energy Consumption

Electricity Used
Fuel Used - Coal/Lignite
Fuel Used - Oil/Diesel

Energy Efficiency Policy

Emissions Reduction Initiatives
Environmental Supply Chain Management
Green Building Policy
Waste Reduction Policy
Water Policy
Sustainable Packaging
Environmental Quality Management Policy
Climate Change Opportunities Discussed
Risks of Climate Change Discussed
Climate Change Policy
New Products - Climate Change
Biodiversity Policy
Verification Type
Source: Bloomberg

FY 2015
03/31/2015
15.50

FY 2014
03/31/2014
23.26

FY 2013
03/31/2013
18.60

83,611.7
4,281.2
8,850.4
140.8

71,399.6
3,964.8
9,356.7
130.3

Yes
Yes
Yes
No
Yes
Yes
No
Yes
No
No
Yes
No
Yes
Yes

Yes
Yes
Yes
No
Yes
Yes
No
Yes
No
No
Yes
No
Yes
Yes

Yes
Yes
No
No
Yes
Yes
No
Yes
No
No
No
No
Yes
No

FY 2012
03/31/2012
17.05

FY 2011
03/31/2011
17.05

FY 2010
03/31/2010
12.40

FY 2009
03/31/2009
12.40

FY 2008
03/31/2008
12.40

FY 2007
03/31/2007
10.08

61,782.7
3,435.3
8,017.2
118.7

61,357.3
2,807.5
6,637.6
102.8

43,668.6
2,064.3
5,652.2
40.1

41,176.7
1,853.1
5,254.0
29.0

40,824.4
1,800.2
5,164.5
27.4

44,450.3
1,448.2
4,565.4
6.2

Yes
Yes
No
No
Yes
Yes
No
Yes
No
No
No
No
No
No

Yes
Yes
No
No
Yes
Yes
No
Yes
No
No
No
No
No
No

Yes
Yes
No
No
No
No
No
No
No
No
No
No
No
No

Yes
Yes
No
No
No
No
No
No
No
No
No
No
No
No

Yes
Yes
No
No
No
No
No
No
No
No
No
No
No
No

Yes
No
No
No
No
No
No
No
No
No
No
No
No
No

FY 2006
03/31/2006
10.08

28,686.1
1,129.0
3,568.0
7.8

Yes
No
No
No
No
No
No
No
No
No
No
No
No
No

Jindal Steel & Power Ltd (JSP IN) - Social

In Millions of INR except Per Share
12 Months Ending
Social Disclosure Score
Number of Employees

FY 2015
03/31/2015
43.86
7,129.00

FY 2014
03/31/2014
24.56

FY 2013
03/31/2013
24.56

100.00
3.61
0.08

Yes
No

Yes
No

No
No

64.6

522.6

991.4

Health and Safety Policy

Fair Remuneration Policy
Training Policy
Employee CSR Training
Equal Opportunity Policy
Human Rights Policy
Policy Against Child Labor

Yes
No
Yes
No
Yes
Yes
Yes

Yes
No
Yes
No
Yes
Yes
Yes

Yes
No
Yes
No
Yes
Yes
Yes

Business Ethics Policy

Anti-Bribery Ethics Policy
Employee Protection / Whistle Blower Policy

Yes
Yes
Yes

Yes
Yes
Yes

Yes
Yes
Yes

No

No

No

% Employees Unionized
% Women in Workforce
% Disabled in Workforce

Social Supply Chain Management

Sustain Sup Guidelines Encomp ESG Area Pub Disclsd
Community Spending

UN Global Compact Signatory

Bloomberg Gender-Equality Index

Source: Bloomberg

FY 2012
03/31/2012
8.77

FY 2011
03/31/2011
8.77

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

FY 2007
03/31/2007

No
No

No
No

No
No

No
No

No
No

No
No

Yes
No
Yes
No
No
No
No

Yes
No
Yes
No
No
No
No

No
No
No
No
No
No
No

No
No
No
No
No
No
No

No
No
No
No
No
No
No

No
No
No
No
No
No
No

Yes
No
Yes

Yes
No
Yes

Yes
No
Yes

Yes
No
No

Yes
No
No

Yes
No
No

No

No

No

No

No

No

FY 2006
03/31/2006

No
No

No
No
No
No
No
No
No
Yes
No
No
No

Jindal Steel & Power Ltd (JSP IN) - CDP

In Millions of INR except Per Share
12 Months Ending
Reporting Period
Risks and Opportunities
GHG Emissions
Energy Use
Trading
Performance
Governance
Source: Bloomberg

FY 2016
03/31/2016

Jindal Steel & Power Ltd (JSP IN) - Highlights

In Millions of INR
12 Months Ending
Market Capitalization
- Cash and Marketable Securities
+ Preferred & Other
+ Total Debt
Periodic Enterprise Value
Revenue, Comparable
Growth %, YoY
Gross Profit
Margin %
EBITDA
Margin %
Net Inc, Comparable
Margin %
EPS, Comparable
Growth %, YoY
Cash from Operations
Capital Expenditures
Free Cash Flow
Source: Bloomberg

Current/LTM
03/31/2016
62,991.1
6,204.1
7,859.0
438,062.8
502,708.8

FY 2016
03/31/2016
55,122.7
6,204.1
7,859.0
438,062.8
494,840.4

FY 2015
03/31/2015
143,456.9
25,614.1
8,572.5
455,007.4
581,422.7

FY 2014
03/31/2014
267,558.4
9,497.9
10,802.2
363,681.9
632,544.6

189,099.5
-3.7

189,099.5
-1.4

34,403.4
18.2
-19,020.0
-10.1
-20.79
-48.8

191,779.2
-3.3

59,314.2
30.9
-12,781.2
-6.7
-13.97

198,400.1
1.5

55,287.1
27.9
19,103.6
9.6
20.53
-34.1

-23,488.5
-50,963.8
-74,452.3

25,817.0
-134,184.1
-108,367.1

33,985.9
18.0
-19,020.2
-10.1
-20.79
-48.8

FY 2013
03/31/2013
325,088.5
1,878.0
5,572.7
246,181.6
574,964.8

FY 2012
03/31/2012
509,624.7
1,327.1
3,071.0
157,489.4
668,858.0

FY 2011
03/31/2011
651,465.8
4,498.1
2,334.5
133,036.2
782,338.4

FY 2010
03/31/2010
654,750.7
1,682.7
1,659.1
86,042.9
740,770.0

FY 2009
03/31/2009
186,441.5
10,218.9
54.6
81,133.1
257,410.3

FY 2008
03/31/2008
318,700.0
7,709.3
72.4
69,960.7
381,023.8

195,539.8
7.4

61,217.4
31.3
29,101.1
14.9
31.13
-26.6

182,086.0
39.1

71,086.0
39.0
39,649.0
21.8
42.42
4.1

130,924.6
18.1

64,685.9
49.4
37,538.8
28.7
40.75
4.4

110,835.1
2.2

60,205.0
54.3
36,345.6
32.8
39.05
21.4

108,442.8
97.6

54,887.4
50.6
30,071.5
27.7
32.16
137.7

54,889.8
55.9

24,002.8
43.7
12,495.9
22.8
13.53
77.0

20,577.7
-84,012.4
-63,434.7

31,169.7
-60,603.8
-29,434.1

29,518.1
-84,875.9
-55,357.8

51,262.5
-65,130.8
-13,868.3

33,455.5
-37,188.2
-3,732.7

13,479.3
-20,426.3
-6,947.0

Jindal Steel & Power Ltd (JSP IN) - Summary

In Millions of INR except Per Share
12 Months Ending
Total Revenues
Product/Brand Segments
Iron & Steel
Power
Others (Including Rails)
Adjustment
Inter Segment
Geographic Segments
India
Reconciliation
Outside India
Operating Income
Product/Brand Segments
Power
Iron & Steel
Others (Including Rails)
Geographic Segments
India
Net Income to Common
Basic EPS, GAAP
Diluted EPS, GAAP
Basic Weighted Avg Shares
Diluted Weighted Avg Shares
Cash and Equivalents
Total Current Assets
Total Assets
Product/Brand Segments
Iron & Steel
Unallocated Assets
Power
Others (Including Rails)
Reconciliation
Geographic Segments
India
Outside India
Total Current Liabilities
Total Liabilities
Product/Brand Segments
Unallocated Liabilities

Last 12M
03/31/2016
178,124.4

5,792.0

-19,020.2
-20.79
-20.79
914.6
914.6
6,204.1
139,087.4
738,906.7

167,376.5
544,176.1

FY 2016
03/31/2016
178,124.4
178,124.4
147,113.8
57,209.1
3,833.5
-5,997.4
-24,034.6
178,124.4
184,121.8
-5,997.4

6,209.5

-19,020.0
-20.79
-20.79
914.9
914.9

FY 2015
03/31/2015
194,006.7
194,006.7
156,312.5
57,013.4
3,314.1

-22,633.3
194,006.7
152,727.8

41,278.9
31,985.9
41,936.2
28,396.4
23,772.2
-10,232.4

-12,781.2
-13.97
-13.97
914.9
914.9

6,204.1
139,087.4
738,906.7

167,376.5
544,176.1

25,614.1
163,322.8
755,366.1
755,366.1
354,077.5
171,788.3
166,999.4
62,500.9

755,366.2
651,671.3
103,694.9
156,316.6
536,372.9
536,372.9
508,582.1

Iron & Steel

Power
Others (Including Rails)
Adjustment
Geographic Segments
India
Reconciliation
Total Equity
Shares Out on Balance Sheet
Cash From Operations
Cash From Investing
Cash From Financing
Source: Bloomberg

194,730.6
914.9

194,730.6
914.9

21,628.2
11,430.4
3,304.7
-8,572.5
536,372.9
544,945.4
-8,572.5
218,993.2
914.9

-23,488.5
-64,414.8
89,532.5

FY 2014
03/31/2014
192,863.1
192,863.1
159,963.0
42,032.5
7,431.5

-16,563.9
192,863.1
138,508.9

54,354.2
36,995.1
48,228.5
19,877.1
33,209.8
-4,858.4

19,103.6
20.53
20.53
930.4
930.4

FY 2013
03/31/2013
198,067.8
198,067.8
182,372.6
45,599.6
5,579.5
-19,311.5
-16,172.4
198,067.8
175,551.9
-19,311.5
41,827.4
45,825.2

29,101.1
31.13
31.13
934.8
934.8

FY 2012
03/31/2012
182,086.0
182,086.0
158,932.1
44,643.2
5,397.5
-14,078.6
-12,808.2
182,086.0
160,375.5
-14,078.6
35,789.1
57,221.3

39,649.0
42.42
42.42
934.6
934.6

FY 2011
03/31/2011
131,121.5
131,121.5
104,208.2
43,174.6
2,300.6
-8,868.0
-9,693.9
131,121.5
131,121.5

53,175.9

37,538.8
40.18
40.18
934.3
934.3

FY 2010
03/31/2010
110,915.4
110,915.4
75,901.6
47,694.8
1,132.0
-5,279.9
-8,533.1
110,915.4
110,915.4

49,774.8

35,729.7
38.39
38.10
930.7
937.8

FY 2009
03/31/2009
108,747.3
108,747.3
82,554.3
40,674.2
675.6
-7,579.0
-7,577.8
108,747.3
108,747.3

44,627.3
41,044.6
21,579.4
19,377.9
87.3
41,044.6
41,044.6
30,457.2
32.85
32.57
927.1
935.2

9,497.9
129,510.1
689,134.4
689,134.4
237,954.9
208,231.3
163,811.7
79,136.5

689,134.4
609,010.1
80,124.3
175,562.7
452,226.8
452,226.8
405,820.1

1,878.0
151,812.1
570,726.4
570,726.5
220,169.0
185,732.6
138,721.7
26,103.2

570,726.4
570,726.4

179,304.3
352,631.1
352,631.1
67,561.0

1,327.1
121,970.1
450,075.4
450,075.4
177,400.4
138,651.7
103,324.1
30,699.2

450,075.4
450,075.4

140,421.6
265,893.4
265,893.4
67,887.3

4,498.1
92,290.9
360,889.0
360,889.0
153,800.2
92,854.0
97,639.4
16,595.4

360,889.0
360,889.0

132,013.1
217,451.5
217,451.5
53,843.5

1,682.7
69,065.4
251,224.1
251,224.1
118,501.7
34,664.2
85,516.2
12,542.0

251,224.1
251,224.1

65,176.4
145,397.2
145,397.2
26,186.1

10,218.9
64,185.8
193,056.6
193,056.6
92,075.5
34,113.3
66,620.6
243.4
3.8
193,056.6
193,056.6

55,309.1
122,497.1
122,497.1
16,152.5

27,588.2
12,581.4
17,039.3
-10,802.2
452,226.8
463,029.0
-10,802.2
236,907.6
914.9

30,450.3
5,570.6
2,867.7
246,181.5
352,631.1
106,449.6
246,181.5
218,095.3
934.8

19,568.5
4,210.5
2,794.2
171,432.9
265,893.4
94,460.5
171,432.9
184,182.0
934.8

19,944.0
218.5
3,717.2
139,728.3
217,451.5
217,451.5

143,437.5
934.3

22,421.2
10,155.6
591.4
86,042.9
145,397.2
145,397.2

105,826.9
931.2

23,700.6
421.6
234.2
81,988.2
122,497.1
122,497.1

70,559.5
927.9

25,817.0
-128,737.0
110,577.2

20,577.7
-96,973.1
76,824.2

31,169.7
-62,848.3
31,547.1

29,518.1
-81,130.4
55,268.5

51,262.5
-63,208.0
6,379.6

33,455.5
-40,555.8
7,587.2

FY 2008
03/31/2008
54,889.8
54,725.8
59,858.4
6,632.2
289.0
-7,382.5
-4,671.3
54,725.8
54,725.8

19,210.3

12,740.2
13.79
13.43
923.8
948.6
7,709.3
36,052.9
133,111.9
133,093.7
54,592.5
24,437.0
53,100.3
961.9
2.0
13,311.2
13,311.2

27,078.6
94,491.7
179,330.5
11,047.8

94,491.7
3,727.0
83.5
69,980.5
94,491.7
94,491.7

38,620.2
923.8
13,479.3
-22,351.4
14,092.7

Jindal Steel & Power Ltd (JSP IN) - Exec & Dir Comp
In Millions of INR except Per Share
12 Months Ending
Executive Compensation
Total Compensation Paid
Total Salaries and Bonuses Paid
Total Salaries Paid
Total Bonuses Paid
All Other Compensation Paid
Stock Awards Granted
Option Awards Granted
Total Other Compensation Paid
# of Exec Changes in Fiscal Year
Date of Last Executive Change
# Execs Included in Compensation

FY 2015
03/31/2015

FY 2014
03/31/2014

FY 2013
03/31/2013

410.5

401.2

410.5
0.0
0.0
0.0
4.00
03/31/2015
12.00

454.6
454.6
179.5
275.1
0.0

0.00
n/a
5.00

628.0
625.8
182.5
443.3
2.2

4.00
11/09/2012
7.00

CEO
CEO Duality
Total Compensation Paid
Total Salaries and Bonuses Paid
Total Salaries Paid
Total Bonuses Paid
All Other Compensation Paid
Stock Awards Granted
Option Awards Granted
Total Other Compensation Paid
# of CEO and Equiv Changes in FY
Date of Last CEO and Equiv Change
# CEO and Equiv Included in Comp
CEO Tenure at Fiscal Year End

No
90.1

80.7

90.1
0.0
0.0
0.0
0.00
n/a
1.00
2.50

No
50.5
50.5
31.9
18.6
0.0

0.00
n/a
1.00
1.50

No
30.2
28.2
13.7
14.5
2.0

1.00
10/01/2012
1.00
0.50

Other C-Suite
Total Comp Paid to CFO and Equiv

37.5

12.0

2.1
2.1
5.00
03/04/2015
12.00

1.8
1.8
0.00
n/a
9.00

1.8

n/a

Board Compensation
Total Compensation Paid
Fees Paid in Cash
# of Board Changes in Fiscal Year
Date of Last Board Change
# Directors Included in Comp
Source: Bloomberg

FY 2012
03/31/2012

FY 2011
03/31/2011

FY 2010
03/31/2010

FY 2009
03/31/2009

FY 2008
03/31/2008

FY 2007
03/31/2007

788.6

163.9

788.6

1.00
04/17/2011
3.00

132.2

0.0

1.00
11/23/2010
3.00

112.1

0.0

2.00
08/31/2009
4.00

89.6

0.0

1.00
04/01/2008
5.00

26.3

0.0

0.00
n/a
3.00

2.8

1.00
08/01/2006
1.00

Yes

n/a

No

n/a

No

n/a

No

n/a

No

n/a

No

n/a

2.0
0.8
2.00
02/27/2012
9.00

n/a

n/a

n/a

n/a

n/a

FY 2006
03/31/2006

n/a

No

n/a

n/a