Cross Industry Analysis

Profit Margin Ratios

EBITDA MARGIN 2018 2019 2020 2021 2022
SAIL 5.01 5.81 1.87 20.54 18.71
JSPL 59.79 57.5 64.13 30.45
RINL -1.19 3.94 -11.12 6.61 11.29
JSW 15.48 19.5 12.04 22.38 24.2
Mid East Integrated Steels 28.46 17.18 4.92 -18.32 2.28

EBIT MARGIN 2018 2019 2020 2021 2022

SAIL -0.19 0.75 -4.22 14.61 14.58
JSPL 42.97 49.63 46.61 81.36 25.55
RINL -6.59 -1.28 -18.08 0.02 7.01
JSW 10.8 15.8 8.63 17.62 21.066
Mid East Integrated Steels 20.69 10.5 -12.4 -51.64 -26.69

EBT MARGIN 2018 2019 2020 2021 2022

SAIL -4.98 -3.96 -9.88 10.53 12.94
JSPL 29.09 38.8 34.25 73.51 21.86
RINL -12.99 -7.51 -27.6 -8.56 1.5
JSW 10.45 15.08 8.63 17.62 21.066
Mid East Integrated Steels

Net Profit Margin 2018 2019 2020 2021 2022

SAIL -4.59 -4.71 -5.65 6.45 11.3
JSPL 29.95 39.79 33.9 68.35 16.14
RINL -11.08 -2 -25.18 -5.53 3.16
JSW 10.525 15.08 8.6315 17.62 21.066
Mid East Integrated Steels

Asset Turnover Ratio 2018 2019 2020 2021 2022

SAIL 51.08 56.78 48.58 58.66 86.15
JSPL 0.58 0.82 0.34 0.45 0.67
RINL 0.45 0.57 0.45 0.55 0.85
JSW 7.955 0.7001 0.5126 0.52133 0.7179
Mid East Integrated Steels
Efficiency Ratio Liquidity Ratio
Per Day Sales 2018 2019 2020 2021 2022 Current Ratio
SAIL SAIL
JSPL JSPL
RINL 40.24 56.35 43.74 49.74 78.1 RINL
JSW 200.57 212.58 177.78 195.605 330.819 JSW
Mid East Integrated Steels Mid East Integrated Steels

Inventory Turnover Ratio 2018 2019 2020 2021 2022 Quick Ratio
SAIL SAIL
JSPL 5.61 6.05 4.77 5.81 7.02 JSPL
RINL 2.6 2.74 2.26 3.64 4.68 RINL
JSW 5.8131 5.33351 4.711 5.01 3.573 JSW
Mid East Integrated Steels 4.13 5.94 2.55 1.21 0.95 Mid East Integrated Steels

Day's Inventory 2018 2019 2020 2021 2022

SAIL
JSPL 65.02 60.35 76.52 62.8 52.02
RINL 140.6 133.4 161.4 100.27 78.02
JSW 97.303 102.131 72.845 77.4717 68.4351
Mid East Integrated Steels

Debtor's Turnover Ratio 2018 2019 2020 2021 2022

SAIL
JSPL 15.25 13 8.58 12.36 40.41
RINL 14.7 18.15 26.04 20.67 31.13
JSW 23.45 31.84 17.808 17.03 18.57
Mid East Integrated Steels

Days receivables 2018 2019 2020 2021 2022

SAIL
JSPL 23.94 28.08 42.52 29.53 9.03
RINL 24.83 20.11 14.02 17.66 11.72
JSW
Mid East Integrated Steels

Debt Equity Ratio 2018 2019 2020 2021 2022

SAIL
JSPL 1.272 1.102 0.978 0.697 0.348
RINL 2.17 2.62 6.55 9.69 5.52
JSW 0.933483 0.9258 0.828292 0.828918
Mid East Integrated Steels
 Overall Performance Ratio
2018 2019 2020 2021 2022 ROTA 2018 2019
SAIL
0.74 0.63 0.69 1.05 1.38 JSPL 24.92 40.7
0.51 0.59 0.46 0.45 0.42 RINL -2.96 -0.73
0.800718 0.92766 1.0248 0.967 1.41704 JSW 0.0664 0.101
Mid East Integrated Steels

2018 2019 2020 2021 2022 ROE 2018 2019

SAIL
0.48 0.35 0.41 0.75 1 JSPL 27.06 49.67
0.33 0.42 0.34 0.26 0.3 RINL -19.65 -0.75
0.365 0.485 0.554 0.513 0.573 JSW 20.308 26.98007
Mid East Integrated Steels

ROCE 2018 2019

SAIL
JSPL 41.88 76.89
RINL -6.3 -1.47
JSW 0.0000171 0.113432
Mid East Integrated Steels
 Valuation Ratio
2020 2021 2022 No. of outstanding shares 2018 2019 2020
SAIL
15.83 36.66 17.05 JSPL 48.35 48.4 51
-8.2 0.01 5.94 RINL 4,889,846,200 4,889,846,200 4,889,846,200
0.092 0.082229 0.125 JSW 2.4 5.32 3.01
Mid East Integrated Steels

2020 2021 2022 Book Value per Share 2018 2019 2020
SAIL
32.96 77.48 22.26 JSPL 637.44 652.01 614.91
-120.93 -44.34 28.62 RINL 15.68 15.03 6.62
17.57 27.79 55.488 JSW 125.4166 115.92 127.45
Mid East Integrated Steels

2020 2021 2022 Earning per Share 2018 2019 2020

SAIL
21.37 48.73 22.77 JSPL 172.47 323.84 202.66
-19.81 0.02 14.91 RINL -2.93 -0.11 -8.09
0.033 0.0895 0.143 JSW 22.82 33.77 22.03
Mid East Integrated Steels
 2021 2022

51 50.54
4,889,846,200 4,889,846,200
3.02 3.01

2021 2022

606.61 734.05
4.4 6.34
155.55 210.97

2021 2022

470.01 163.36
-2 1.85
34.52 69.48