Ratios

Ispat Industries Limited Jsw Steel Limited

Comparison 31-Mar-07 31-Mar-06 31-Mar-05 31-Mar-08
ShareStatistics
Earning Per Share (Rs) -0.08 -6.65 10.05 92.39
Cash Earning Per Share (Rs) 5.03 -1.97 16.35 129.13
Book Value (Rs) 5.16 5.33 29.17 394.86
Dividend Per Share (Rs) 0 0 0 14
Profitability Ratios
OPBIT/Productive Capital Employed (%) 10.66 -1.87 14.82 32.42
ROCE (%) 0 0 0 0
RONW (%) -1.51 -124.83 34.46 23.4
TAX/PBT (%) -46.62 -0.56 0 30.43
Leverage Ratios
Debt Equity Ratio (Times) 14.87 14.07 3.01 1.06
LTD/NW (Times) 11.82 11.75 2.69 0.98
Liquidity Ratios
Current Ratio (Times) 1.58 1.21 1.88 0.62
PBDIT/Finance Charges (Times) 1.59 0.77 2.73 9.13
Activity Ratios
RM Inventory (Days Consumption) 53.95 67.34 31.47 55.3
FG Inventory (Days Cost of Sales) 11.68 16.47 9.57 19.73
Receivables (Days Gross Sales) 28.75 40.02 64.1 9.75
Creditors (Days Cost of Sales) 107.36 148.06 79.47 148.95
Op.Curr.Assets (Days OI) 135 168 149 97
Jsw Steel Limited Tata Steel Limited Bhushan Steel Limited Essar Steel Limited
31-Mar-07 31-Mar-06 31-Mar-08 31-Mar-07 31-Mar-06 31-Mar-07 31-Mar-06 31-Mar-05 31-Mar-07

78.79 54.56 64.15 72.74 63.48 73.76 37.42 37.89 3.83

115.82 84.35 75.58 86.85 77.49 122.95 77.59 78.59 9.37
310.77 240.37 311 238.84 171.4 283.98 215.98 180.52 37.04
12.5 8 16 16.26 13 2.5 2.5 2.5 0

31.21 21.25 19.58 41.85 65.57 16.67 14.53 14.64 13.5

0 0 0 0 0 0 0 0 0
25.35 22.7 20.63 30.45 37.04 25.97 17.33 20.99 10.34
21.44 1.35 32.65 33.14 31.37 0.53 8.19 7.87 11.99

0.87 1.16 1.03 0.7 0.27 2.69 2.28 1.8 1.74

0.79 1.02 0.79 0.66 0.26 2.35 1.95 1.1 1.36

0.75 0.9 4.52 2.22 1.02 1.87 1.98 2.26 1.26

6.81 4.42 9.39 29.4 36 8.92 5.01 5.05 2.57

58.89 72.11 92.54 78.39 91.45 66.39 51.46 61.21 261.97

12.34 16.18 34.3 37.33 39.49 22.28 19.71 29.16 31.37
9.58 12.36 8.94 11.67 11.48 47.07 49.33 43.79 22.18
125.58 136.08 103.57 108.93 100.01 79.07 71.93 58.46 155.29
105 162 677 276 94 167 154 146 196
Essar Steel Limited
31-Mar-06 31-Mar-05

6.77 11.63
12.92 19.41
23.33 23.55
0 0

11.73 28.34
0 0
29.01 49.4
2.47 1.35

5.68 4.49
3.41 3.21

2.1 2.14
3.13 3.05

188.72 95.07
18.29 18.55
28.78 26.33
88.94 58.55
224 143
 (All figures
Balance Sheet in Rs Mn)
Ispat Industries Limited Jsw Steel Limited

Comparison 31-Mar-07 31-Mar-06 31-Mar-05 31-Mar-08 31-Mar-07 31-Mar-06

Assets
Gross Block 118204.4 111272.2 76598.7 139388.1 105001.3 83684.3
Net Block 85833.3 85729.5 58133.9 109529.1 81867.1 65179.8
CWIP 546.8 6158.4 9333.4 56124.3 20029.3 18619
Investments 1135.9 1133.2 534.3 7077.7 1929.3 850.7
Inventories 10561.9 9856.1 6290.2 15491.6 10113.5 9242.3
Receivables 6450.2 5941.3 10669.9 3373.9 2451.6 2291.9
Other Currrent Assets 17301.1 13448.1 11001.3 14157.5 12291.3 15920

Total Assets 121829.2 122266.6 95963 205754.1 128682.1 112103.7

Liabilities
Equity 12184 12183.8 6858 2480.8 2250.1 2180.3
Reserves -5870.7 -5673.8 13344 71376.6 48709.9 35551.2
Total Debt 93858.4 91599 60885.9 78354.6 44520.6 43750.8
Creditors 17340.4 18635.8 10042.6 32907 19874.1 16401.1
Other Current Liabilities 4317.1 5521.8 4832.5 20635.1 13327.4 14220.3

Total Liabilities 121829.2 122266.6 95963 205754.1 128682.1 112103.7

 Tata Steel Limited Bhushan Steel Limited Essar Steel Limited

31-Mar-08 31-Mar-07 31-Mar-06 31-Mar-07 31-Mar-06 31-Mar-05 31-Mar-07 31-Mar-06 31-Mar-05

164122.9 159649.7 165216.3 26797.67 17931.01 16578.13 135541.9 104475.4 69401.7

82327.9 85135.2 98498.1 17150.7 10182.06 10470.06 88895.9 63984.5 32488.3
43674.5 24974.4 0 18921.13 12952.25 3857.02 11077.8 28873.6 5896.4
30663.9 24136.5 20343.7 208.54 191.66 189.9 4334.3 1829.7 7260.9
26049.8 23329.8 21747.5 7563.41 4747.85 5816.73 23287.7 14853.4 9332.2
5434.8 6316.3 5394 5388.96 4044.77 3394.35 5468.5 5401.6 4713
360846.8 153998.3 43184.4 4686.39 3232.5 1483.3 27170.4 32042.8 23275.7

548997.7 317890.5 189167.7 53919.13 35351.09 25211.36 160234.6 146985.6 82966.5

7307.8 5806.7 5536.7 424.72 412.72 404.72 11404.8 5811.7 5079.8

219903 132833.5 89331.2 11636.47 8501.26 6901.19 30809.5 12461.8 6865.4
234942.1 96453.3 25161.5 32419.77 20361.78 13174.72 73561.8 103760.1 53586
32434.2 31459.9 25340.3 6935.39 4730.42 3634.96 26097.7 11606.5 6794.7
54410.6 51337.1 43798 2502.79 1344.91 1095.79 18360.8 13345.5 10640.6

548997.7 317890.5 189167.7 53919.13 35351.09 25211.36 160234.6 146985.6 82966.5

 (All figures
Income Statement in Rs Mn)
Ispat Industries Limited Jsw Steel Limited
Comparison 31-Mar-07 31-Mar-06 31-Mar-05 31-Mar-08 31-Mar-07 31-Mar-06
Months 12 12 12 12 12 12
Gross Sales 72984.7 47863.1 56876 114200 85950.3 61716.6
Operating Income 75696.6 49957.1 61037.1 115666.1 86780.3 61848.1
OPBDIT 16741.7 4015.3 14911.4 35028.4 29016.4 17855.4
OPBDT 6309.8 -6195.4 8383.1 31128.9 25140.5 13954.4
OPBT 71.5 -11909.7 4023.2 24257.1 19068 9278.3
Non Operating Income -37.8 -58.8 880.8 584.1 83.8 3740.6
Extraordinary Item -98.7 3886.7 2056.9 0 -2706.3 -4336.1
PAT -95.3 -8126.7 6960.6 17281.9 12920 8565.3
 Tata Steel Limited Bhushan Steel Limited Essar Steel Limited
31-Mar-08 31-Mar-07 31-Mar-06 31-Mar-07 31-Mar-06 31-Mar-05 31-Mar-07 31-Mar-06 31-Mar-05
12 12 12 12 12 12 12 12 12
196547.8 174583.9 151393.9 38068.07 27162 26363.06 80874.8 61686.6 60983.9
196565.7 175983.7 152246.2 38307.92 27968.39 26750.45 81201.7 63165.9 61024.9
82262.8 70569.3 59765.3 6292.95 3965.24 4053.67 19859.2 15534.5 18668.1
72972.5 68056.8 58080.9 5631.23 3133.19 3236.2 12664.2 10711.4 13824.7
64626.4 59863.9 50329.9 3542.01 1475.61 1588.98 6353.8 5890.4 9881.8
3835.4 4283.3 2670.3 181.65 120.97 67.58 708.9 1953 35.5
1128 -995.9 -1803.5 -574.29 85.63 7.95 -2103.3 -2407.1 -3935
46870.3 42221.5 35136.7 3132.6 1544.51 1533.52 4364.9 5301.8 5901.5