Earnings Alerts

Jindal Steel & Power (JSP) Earnings: 3Q Net Income Surpasses Estimates Despite Revenue Lag

By January 30, 2025 No Comments
“`html

  • Jindal Steel reported a net income of 9.5 billion rupees for the third quarter of 2025.
  • This net income represents a 51% decrease compared to the same period last year.
  • The net income exceeded analysts’ estimates, which were projected at 8.77 billion rupees.
  • Revenue for the quarter was recorded at 117.5 billion rupees, reflecting a slight year-on-year increase of 0.4%.
  • This revenue figure was slightly below the estimated 118.47 billion rupees.
  • Total costs during the quarter rose by 7.8% from the previous year, amounting to 105.8 billion rupees.
  • Other income declined by 25% year-on-year, standing at 263.8 million rupees.
  • EBITDA for the quarter was 21.3 billion rupees, marking a 24% decrease year-on-year.
  • Net debt increased by 8.7% quarter-on-quarter, reaching 135.51 billion rupees.
  • The company’s net debt to EBITDA ratio was 1.4 times during the quarter.
  • Jindal Steel reported a total capital expenditure (capex) of 28.57 billion rupees, driven largely by expansion projects at Angul.
  • Upcoming expansion projects are reportedly progressing well, according to the company.
  • There are investment recommendations of 21 buys, 3 holds, and 4 sells on Jindal Steel’s stock.

“`


A look at Jindal Steel & Power Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Jindal Steel & Power Ltd (JSPL) shows a promising long-term outlook. With a solid Value score of 4, the company is considered to be undervalued based on its financial metrics. While the Dividend, Growth, Resilience, and Momentum scores are all at a respectable 3, indicating a steady performance across these key factors. JSPL, a company that manufactures sponge iron, mild steel, and cement, as well as being involved in power production and mining operations, is well-positioned to benefit from its diverse business operations.

JSPL’s overall outlook looks positive with its balanced performance across various aspects as per the Smartkarma Smart Scores. The company’s contribution to infrastructure development, along with its focus on resource exploration and efficient production, aligns well with its stable scores in Dividend, Growth, Resilience, and Momentum. Investors may find JSPL an attractive long-term investment option given its strong fundamentals and diverse business portfolio.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars