Jindal Steel & Power Ltd.

(JSPL)
2011

Company Overview
JSPL is one of Indias major steel producers with a significant presence in
sectors like Mining, Power Generation and Infrastructure
Annual turnover of over US $2.9 billion
JSPL is a part of the about US $ 15 billion diversified O. P. Jindal Group
Mr. Naveen Jindal, the youngest son of the legendary late Shri. O. P. Jindal
spearheads JSPL and its group companies
15,000 strong, committed workforce
JSPL operates the largest coal - based sponge iron plant in the world
JSPL endeavors to strengthen Indias industrial base by aiding
infrastructural development, through sustainable development
approaches and inclusive growth
The company has committed investments exceeding US$ 30 billion in the
future and has several business initiatives running simultaneously across
continents

Vision/Mission/Values

Management Team
Designation

Name

Remunerations

Chairman Emeritus & Director

Savitri Jindal

Chairman & Managing Director

Naveen Jindal

672,051,000.00

Director
Vice Chairman & CEO

Ratan Jindal
Vikrant Gujral

60,000.00
59,738,000.00

Joint Managing Director

Anand Goel

36,325,000.00

Director
Whole-time Director
Director
Director
Nominee (IDBI)
Company Secretary
Director
Director
Director
Additional Director

Sushil K Maroo
N A Ansari
R V Shahi
Arun K Purwar
S Ananthakrishnan
T K Sadhu
Haigreve Khaitan
Hardip Singh wirk
Rahul Mehra
Arun Kumar

120,000.00
2,741,000.00
100,000.00
40,000.00
30,000.00
30,000.00
80,000.00
60,000.00
80,000.00

Business Overview

Process Flow : Steel Mill

Financials
Mar 11

Mar 10

Mar 09

Mar 08

Mar 07

Mar 06

Mar 05

Mar 04

Mar 03

Mar 02

Key Ratios
Debt-Equity Ratio

1.33

1.10

0.97

1.19

1.45

1.34

1.16

1.33

1.41

1.08

Long Term Debt-Equity Ratio

1.06

0.93

0.91

1.06

1.23

1.19

1.06

1.20

1.27

0.97

Current Ratio
Turnover Ratios
Fixed Assets

0.95

1.00

1.25

1.11

0.88

1.03

1.10

1.03

1.17

1.48

0.97

0.98

1.27

1.13

0.95

1.00

1.16

1.03

1.09

0.84

Inventory

5.91

6.21

7.72

7.54

6.44

6.97

10.78

9.32

10.51

8.32

Debtors

15.36

15.56

24.90

20.13

12.58

12.18

12.75

7.39

6.70

4.59

Interest Cover Ratio

6.70

6.75

8.47

7.18

6.45

8.12

8.91

5.28

3.70

3.04

PBIDTM (%)

37.58

34.88

31.98

35.92

37.29

36.46

37.40

39.16

36.70

38.51

PBITM (%)

30.99

28.39

26.86

28.54

28.66

28.84

31.18

31.51

30.90

31.73

PBDTM (%)

32.95

30.68

28.81

31.95

32.85

32.90

33.91

33.18

28.35

28.08

CPM (%)

26.36

25.25

23.31

27.61

26.65

27.53

27.29

29.61

24.08

25.46

APATM (%)

19.77

18.76

18.18

20.23

18.03

19.91

21.07

21.97

18.27

18.69

ROCE (%)

18.02

17.56

25.27

25.72

21.15

22.43

32.51

26.17

22.74

17.23

RONW (%)

26.75

24.34

33.63

39.89

32.58

36.30

47.45

42.76

34.24

22.41

Competitors
Steel Producers
THE TATA IRON AND STEEL COMPANY
STEEL AUTHORITY OF INDIA LIMITED (SAIL)
RASHTRIYA ISPAT NIGAM LIMITED (VISAKHAPATNAM STEEL PLANT)

Power Producers

Govt Electricity Boards

Alstom
GE Power
Suzlon Energy
Torrent Power

Competitors as per Capitaline

Database
AML Steel & Powe
Amona Power
Ankit Met.Power
Ashirwad Steels
Benaka Sponge Ir
Bihar Sponge
Gallantt Ispat
GSAL (India)
Jai Balaji Inds.
Jindal Steel
Kumar's Metallur
Lloyds Metals
Monnet Ispat
MSP Steel & Pow.
Nilachal Iron
Nova Iron &Steel
Orissa Sponge
Sponge Iron (I)
SPS Steel & Pow.
SPS Steels
Sree Metaliks
Suraj Products
T N Sponge
Tata Sponge Iron
Vaswani Inds.
Vikash Metal

Subsidiaries

Jindal Power Limited

Jindal Petroleum Limited
Jindal Cement
Jindal Infosolutions Ltd

CSR Initiatives

JSPL's CSR strategy includes:

Development of model villages (Adarsh Grams)

Government, corporate and public participation
Address situational needs and demands of the villagers

Supporting the underpriviledged

Development of its basic infrastructure in Chattisgarh

JSPL has adopted around 40 villages and contributes to the development of the region through a more holistic effort.
Apart from organizing social welfare activities in Raigarh, JSPL also works in different areas of Odisha (Angul) and
Jharkhand (Patratu) where the company has set up its plants.

HR Policies
With objectives of creating a pool of skilled and capable employees, Jindal
Lead Management Group (JLMG) has been introduced in our Company
The career path defined typically for JLMG recruits indicates a persons promotion to
reach the level of AVP on completion of 10 years subject to his performance. Post
achieving the level of AVP, ones further growth is based on his/her performance

The Human Resource

department will endeavours
to provide on an average 4-5
days of training per employee
on an annual basis
Mentoring goes beyond the
normal boss-subordinate
relationship as it also involves
sharing of professional skills,
expertise and experience with
the mentee

Awards/Recognitions

Recent News/Events
September 14, 2011 - JSPL to test new steel making process at its Angul
plant
27-Aug-2011 - JSPL awards coal gasification plant contract to KBR Group
JSPL-FIMI to install the worlds largest cut-to-length line at Raigarh

Career
HR Accolades
BEST COMPANIES TO WORK FOR - JSPL among Top 20 companies by Business Today,
2009
SAIL-HR Award for excellence in Human Resource Management 2009
CII Chhattisgarh HR Excellence Award 2004
Asia Pacific HR Excellence Award 2003

JSPL has partnered with Hewitt Associates for a leadership capability

development project called Uttkarsha.
To identufy high performing and potential leaders through a talent mapping process that
is validated through our development centre and the 360 degree feedback by Hewitt
Associates and Dr. T.V. Rao Learning Systems

Partnered with McKinsey Associates to enhance a culture of

professionalism, leading to a transformed organisation
JLMG - Fifteen young and best talents from top management schools have
been recruited as future leaders and trained to develop a robust
leadership pipeline.