project

1. FINANCE PROJECT
PROJECTED FINAL ACCOUNT
COMPANY: JINDAL STEEL AND COMPANY
GUIDED BY:- DR. VISHAL SOOD PRESENTED BY:-
SHUVABRAT PATTNAIK
BAISAKHI DAS
AVIRUPA JENA
BISWA BHUSAN DEO
CHANDRAGUPTA DIWEDI
TUSHAR CHOUGLE

2. CONTENT
JINDAL STEEL AND POWER ( INTRODUCTION)
FINAL ACCOUNT OF THE YEAR 2020-21(BALANCE SHEET),
(PROFIT AND LOSS ACCOUNT)
PROJECTED FINAL ACCOUNT OF THE YEAR 2021-2022,
2022-2023.

3. INTRODUCTION
Jindal Steel and Power Limited (JSPL) is an Indian steel and energy
company based in New Delhi, India.[4] With turnover of approx. ₹40000
crore (US$5.5 billion),[4] JSPL is a part of about ₹130000 crore (US$18
billion) diversified Jindal Group conglomerate. JSPL is a leading player in
steel, power, mining, oil and gas and infrastructure in India. The company
produces steel and power through backward integrationfrom its own
captive coal and iron-ore mine.
In terms of tonnage, it is the third largest steel producer in India. The
company manufactures and sells sponge iron, mild steel slabs, ferro
chrome, iron ore, mild steel, structural, hot rolled plates and coils and
coal-based sponge iron plant.

4. Type-Public
Traded as-BSE: 532286 , NSE: JINDALSTEL
Industry-Steel, Energy
Founder-O P Jindal
Headquarters-New Delhi, India
Area served-Worldwide
Key people-Naveen Jindal (Chairman), VR Sharma
Products-Steel, Iron, Electricity generation and distribution
Revenue-Decrease ₹36,943 crore (US$5.2 billion) (2020)
Operating income-Increase ₹3,903 crore (US$550 million) (2020)
Net income-Increase ₹−399 crore (US$−56 million) (2020)
Total assets-Increase ₹89,741 crore (US$13 billion) (2020)
Total equity-Increase ₹32,035 crore (US$4.5 billion) (2020)
Number of employees-6,153 (2020)
Parent-Jindal Group

5. FINANCIAL STATEMENT OF JINDAL STEEL AND POWER FOR THE YEAR
2020-21

7. FORCASTED FINANCIAL STATEMENT OF JINDAL
STEEL AND POWER FOR THE YEAR 2021-22,2022-23

8. JINDAL STEEL AND POWER
PROFIT AND LOSS STATEMENT
Forcasted for coming 2 years( incrores)
Particular 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023
I.SALES 27863.33 26323.62 33346.19 26436.28 28081.14
LESS: COST OF GOODS SOLD -147.36 -95.37 38.36 148.2 115.5
II. GROSS PROFIT 27730.42 26228.25 33973.94 26288.08 27965.64
III. OPERATING EXPENSES 26901.82 25348.63 24682.91 26753.91 26088.24
IV. EARNINGS BEFORE INTEREST AND TAX ( II-III) 828.6 879.62 9291.03 -465.83 1877.4
V. TAX -306.88 261.95 1964.91 15.565 512.974
VI. EARNINGS AFTER INTEREST AND TAX (IV+V) -262.9 617.67 7154.31 450.265 1364.426
VII. OTHER INCOMES -13.89 0.64 1778.83 -307.833 229.98
VIII. NET EARNINGS (VI+VII) -276.79 618.31 8933.14 758.098 1594.4

9. JINDAL STEEL AND POWER
BALANCE SHEET
Forcasted for coming 2year(in cores)
Particular 2018-2019 2019-2020 2020-2021 2021-2022 2022-23
A. ASSETS
(1)Non-current assets
Capital work in progress 1584.1 810.43 572.41 1494.825 1191.318
Property, plant and equipment 44293.04 44406.25 42649.6 44604.82 44111.624
Intangible assets 109.84 106.72 103.67 109.82 107.979
Financial assets 1797.69 1703.38 8987.58 567.9383 2724.90534
other non-current assets 465.79 336.56 374.08 437.9983 410.48534
(2)Current assets
Inventories 3893.18 3886.96 4591.67 3774.692 3984.2386
Financial assets 5383.5 7071.34 6120.1 5823.347 6044.3266
Cash and cash equivalents 66.56 380.99 5552.37 -742.932 902.8114
Bank balance 34.24 134.6 135.03 50.895 81.132
Asset held for sale 44.3 37.62 44.77 41.995 42.136
TOTAL ASSET 57672.24 58874.85 69131.28 56163.3986 59600.95628
B. EQUITY AND LIABILITIES
(1)Equity 22548.56 23709.07 32642.11 21253.14 24281.203
(2)Liabilities
Non-current liabilities 18966.64 19592.24 24099.53 18319.69 19859.559
current liabilities 16157.04 15573.54 12389.64 16590.44 15460.22
TOTAL EQUITY AND LIABILITIES 57672.24 58874.85 69131.28 56163.27 59600.982
NOTE: The financial statement is forcasted on the basis of trend anlysis.