Research on JSW

The company’ cash balance has increased 71% on a compounded average basis over the last 5 years.

Revenues and Profit before tax and exceptional items (in Rs. Cr):
FY20 – 73,872 & 3,818
FY19 – 84,961 & 11,168
FY18 – 73,378 & 7,915
FY17 – 57,168 & 5,131
FY16 – 41,177 & 621

There was a decline in the exports of Q4 due to the global health pandemic that led to a reduction in consumption.

Net debt to equity ratio of the company has risen in the last 5 years:
FY20 – 1.33
FY19 – 1.17
FY18 – 1.27
FY17 – 1.53
FY16 – 1.71

Rs. 3,966 crores liquidity in FY20.
21% compounded annual growth in revenue in last 17 years.
11% compounded annual growth in profit before taxes and exceptional items in last 17 years.

by Shreya Dalmia
Research Window

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