Jindal Steel & Power Limited is an Indian steel and energy company with production facilities located in India and abroad. Over the past three fiscal years (2008-2009 to 2010-2011), the company's total income has increased from Rs. 7,799 crores to Rs. 9,678 crores while net profit has risen from Rs. 1,537 crores to Rs. 2,064 crores. The company's subsidiaries include Jindal Power Limited, which generated a profit of Rs. 2,002 crores on revenues of Rs. 3,564 crores in fiscal year 2010-2011. The directors have recommended a dividend of 150% (Rs. 1.50 per share) for the latest fiscal
amrapali complaints official builders amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews. amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official r
amrapali complaints official builders amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews. amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official reviews amrapali group said that amrapali movie complaints was wrong. amrapali movie not horror full amrapali group waves are true but amrapali it raids got made wrong amrapali reviews.amrapali builders official r
Buzz on Corporate Laws: eNewsletter: June 2014 issuePrakash Pandya
Buzz on Corporate Laws, an eNewsletter of P. K. Pandya & Co.: June 2014 issue - covers legal updates. To subscribe http://newsletter.pkpandya.com/?p=subscribe&id=1
Buzz on Corporate Laws, an eNewsletter of P. K. Pandya & Co.: July 2014 Part 1 issue - covers legal updates. To subscribe http://newsletter.pkpandya.com/?p=subscribe&id=1
Latest Companies (Accounts) Amendment Rules, 2016
Greatest relief to Unlisted companies and its auditors - No need to prepare consolidated financial statements. Please refer notification below
Buzz on Corporate Laws: eNewsletter: June 2014 issuePrakash Pandya
Buzz on Corporate Laws, an eNewsletter of P. K. Pandya & Co.: June 2014 issue - covers legal updates. To subscribe http://newsletter.pkpandya.com/?p=subscribe&id=1
Buzz on Corporate Laws, an eNewsletter of P. K. Pandya & Co.: July 2014 Part 1 issue - covers legal updates. To subscribe http://newsletter.pkpandya.com/?p=subscribe&id=1
Latest Companies (Accounts) Amendment Rules, 2016
Greatest relief to Unlisted companies and its auditors - No need to prepare consolidated financial statements. Please refer notification below
Indian company profile analysis- Adani, Kotak Mahindra, ICICI SecuritiesAditya Deshpande
Done at basic level for interest
Content
Introduction and history of the company
SWOT analysis
Financial analysis (2015-16, 2014-15, 2013-14)
Sales / revenue analysis (2015-16, 2014-15, 2013-14)
Comparison with one competing company
Mergers and acquisition of the company (if any)
Feel free to contact @ deshadi805@gmail.com
This snapshot has been compiled to give an overview of the FPO of Shikhar Insurance Company Limited (SICL) to interested investors willing to apply in the upcoming Further Public Offerings of the ordinary shares by the SICL.
What is the banking industry? The banking industry includes systems of financial institutions called banks that help people store and use their money. Banks offer clients the opportunity to open accounts for different purposes, like saving or investing their money.
Munjal auto Industries is among the best manufacturers of Exhaust System, 2 wheelers and 4 wheelers accessories like wheel rim, Fuel tank, seat structure, side step assembly and many more.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
Buy Verified PayPal Account
Looking to buy verified PayPal accounts? Discover 7 expert tips for safely purchasing a verified PayPal account in 2024. Ensure security and reliability for your transactions.
PayPal Services Features-
🟢 Email Access
🟢 Bank Added
🟢 Card Verified
🟢 Full SSN Provided
🟢 Phone Number Access
🟢 Driving License Copy
🟢 Fasted Delivery
Client Satisfaction is Our First priority. Our services is very appropriate to buy. We assume that the first-rate way to purchase our offerings is to order on the website. If you have any worry in our cooperation usually You can order us on Skype or Telegram.
24/7 Hours Reply/Please Contact
usawebmarketEmail: support@usawebmarket.com
Skype: usawebmarket
Telegram: @usawebmarket
WhatsApp: +1(218) 203-5951
USA WEB MARKET is the Best Verified PayPal, Payoneer, Cash App, Skrill, Neteller, Stripe Account and SEO, SMM Service provider.100%Satisfection granted.100% replacement Granted.
1. CompanyProfile
Name of the company : JINDAL STEEL & POWER LIMITED
Registered Office : O.P. Jindal Marge
Hisar – 125005
Haryana
Corporate Office : Jindal Center
12, Bhikaiji Cama Place,
New Delhi – 110066
India
Production Plant : In Global
1) Bolivia ( South America )
2) Africa
3) Democratic Republic of Congo
In India
1) Haryana
2) Chhattisgarh
3) Orissa
4) Jharkhand
5) Andhra Pradesh
Type of Business : Exploration Development & Production of
2. Steel, Petroleum and Cement
Network of company : Jindal Steel & Power ltd.
Jindal Petroleum ltd.
Jindal Cement ltd.
Jindal Power Trading company ltd.
Jindal Power ltd.
Mission statement : “TAKING INDIA AHEAD”
Web Site : www.jindalsteelpower.com
3. Historyof Company
1998
- The name of the Company has been changed from Orbit Strips Ltd. to
Jindal Steel & Power Ltd. on 12th June.
1999
- Shri O.P. Jindal, Shri Ratan Jindal and Shri M.L. Gupta were
Appointed as Additional Directors of the Company in terms of Section
260 of the Companies Act, 1956 and Article 117 of Articles of
Association of the Company.
- Shri M.L. Gupta, appointed as Whole time Director of the Company
w.e.f. 1st May for a period of five years.
- The Company has joined the Depository System and its securities
Can be dematerialized.
- The Raigarh and Raipur Divisions of Jindal Strips Limited have been
hived off to JINDAL STEEL & POWER LIMITED pursuant to the
Scheme of Arrangement approved by Hon'ble High Court of Punjab and
Haryana.
- The Company has issued 14% 60, 00,000 Cumulative Redeemable
Preference Shares of Rs. 100/- each aggregating to Rs. 60 crores on
private placement basis.
- The Steel Melting Shop of the Company, was shut down in May'98
due to the explosion. It was commissioned in Oct '99.
4. 2007
-Jindal Steel & Power Ltd has appointed Shri A K Purwar, former
Chairman, State Bank of India as an Independent Director on the Board
of the Company with immediate effect.
- Jindal Steel & Power Ltd has informed that the Board of Directors of
the Company has (by circulation) appointed Shri. Ram Vinay Shahi as
Additional Director (Independent) and member of the Audit Committee
of Directors with effect from October 15, 2007.
-Jindal Steel & Power Ltd has appointed Shri. Arun Kumar Mukherji as
an Additional Director and Wholetime Director of the Company with
effect from April 01, 2008
2008
- The Company has splits its face value from Rs5/- to Rs1/-.
-Jindal Steel & Power Ltd has informed that Jindal Power Ltd (JPL),
subsidiary of the Company, on September 05, 2008 has commissioned
fourth power generating unit of 250 MW. With this, the subsidiary
Company has completed the 1000 MW power project and has now the
capacity to generate 1000 MW power from this plant.
5. 2009
- Jindal Steel & Power Ltd has informed BSE that the Board of
Directors has, vide resolution passed through circulation on January
14, 2009, appointed Shri. Ashok K Mohapatra, Shri. Haigreve Khaitan,
Shri Hardip Singh Wirk and Shri Rahul Mehra as independent directors
of the Company with effect from January 14, 2009
- Jindal Steel & Power Ltd has appointed Shri Arun Kumar as
independent directors of the Company w.e.f September 16, 2009
- Jindal Steel & Power Ltd has appointed Shri. Arun Kumar as an
Additional Director (Independent) from September 16, 2009, to hold
office up to the date of next Annual General Meeting of the Company
6. Index
Sr.No. Particular Page No.
1 Organization Structure
2 Company Information
3 Financial result at Glance for 3 years
4 Abstract of Balance sheet for 3 years
5 Abstract of Profit & Loss Account for 3 years
6 Accounting Policies
7 Director’s Report
8 Auditor’s Report
9 Market Value of Equity
10 Meaning & Utility of Ratio Analysis
11 Ratio with detailed interpretation
12 Limitation of Ratio Analysis
13 Common size Balance sheet
14 Common size Profit & Loss Account
15 Cash flow statement for 3 years
16 Leverage analysis & amount of trade on equity
17 Stock market price in comparison with BSE & NSE
18 Social Responsibility of Company
19 Product of Company
20 Conclusion
21 Bibliography
22 Declaration
9. Company Information
Name of Company : Jindal Steel & Power Limited
Board of Directors :
1) Smt. Savitri Jindal, Chairperson Emeritus
2) Shri Naveen Jindal, Chairman & Managing Director
3) Shri Ratan Jindal, Director
4) Shri Vikrant Gujral, Group Vice Chairman & Head
Global Ventures
5) Shri Anand Goel, Jt. Managing Director
6) Shri Sushil Maroo, Director
7) Shri N A Ansar, Wholetime Director
8) Shri S. Ananthakrishnan, Nominee Director-IDBI
Bank Limited, Independent
9) Shri R. V. Shahi, Director, Independent
10) Shri Arun K. Purwar, Director, Independent
11) Shri Arun Kumar, Director, Independent
12) Shri Haigreve Khaitan, Director, Independent
13) Shri Hardip Singh Wirk, Director, Independent
14) Shri Rahul Mehra, Director, Independent
Deputy Company Secretary : Mr. T.K. Sadhu
10. Name of Bankers : 1) State Bank of India
2) Punjab Bank of India
3) IDBI Bank Limited
Statutory Auditors : M/S Lodha & Co.
12/ Bhagat Singh Marg,
New Delhi – 110001
India.
11. Financial Result of Company At Glance For Last 3 Years
Particular 2008-‘09 2009-‘10 2010-‘11
Net Sales 7,365.19 7,367.59 9,534.89
Other Income 146.24 117.31 143.71
Total Income 7,799.43 7,484.90 9,678.60
Total Expense 5,160.52 4,825.20 5,744.39
PBIT 2,638.91 2,659.61 3,790.50
Interest 204.00 239.95 355.02
Depreciation 433.03 512.15 687.77
PBEI 2,001.88 1,907.51 2,753.36
Other none ope. Exp. - - -
PBT 2,001.88 1,907.51 2,753.36
Provision for Tax 465.40 427.82 689.24
Net Profit 1,536.98 1,479.69 2,064.12
13. -Liabilities 2,446.20 2,898.40 2,810.61
-Provision 985.81 1,343.71 1,896.34
Total(B) (3,432.01) (4,242.11) (4,706.95)
Net Current Assets 1,677.41 1,634.79 3,390.85
Miscellaneous Expenditure 3.02 3.02 3.19
Total 10,977.74 15,844.26 21,682.34
14. Profit & Loss Account
Particular 31-03-2009 31-03-2010 31-03-2011
Sales & Operational Income 8,953.77 8,595.67 12,158.73
-Less: Inter Division Transfer (519.96) (700.09) (1,698.30)
-Less: Excise Duty (780.62) (527.99) (886.80)
Net Sale & Operational Income 7,653.19 7,367.59 9,573.63
Other Income 146.24 117.31 143.71
Total 7,799.43 7,484.90 9,717.34
Expenditure
-Material, Manufacturing &
Other
4,219.19 4,062.16 4,827.92
-Personal 177.53 212.75 277.78
-Administration & selling 798.69 597.86 885.50
-Interest 168.91 192.47 285.01
-Miscellaneous Expenditure
writ. Off
0.20 - -
-Depreciation 433.03 512.16 687.77
Total (5,797.55) (5,577.40) (6,963.98)
Profit before Taxation 2,001.88 1,907.50 2,753.36
Less: Provision for Taxation
-Income tax (355.93) (312.48) (525.12)
-Deferred tax (105.10) (115.23) (163.33)
-Wealth tax (0.19) (0.07) (0.42)
-Fringe Benefits tax (4.18) (0.04) (0.37)
Profit After Tax 1,536.48 1,479.68 2,064.12
Add: Surplus Brought forward
from previous Year
3,047.80 4,318.95 5,478.83
Balance of Profit Brought
Forward
4,584.28 5,798.63 7,542.95
15. Basic Accounting Policies
Basis of Preparation of Financial Statements:
The financial statements are prepared under the historical
cost convention, ongoing concern basis and in term of the
Accounting standards issued by the Institute of Charterd
Accountants of India and in compliance with section 211(3c) of
companies Act, 1956
The Company follows the mercantile system of accounting
and recognizes income and expenditure on accrual basis to the
extent measurable and where there is a certainty of ultimate
realization in respect of incomes.
Fixed Assets:
Fixed Assets acquired by the company pursuant to a scheme
of arrangement are stated at their transfer values.
Intangible Assets:
Intangible assets are recognized on the basis of recognized
criteria as set out in accounting standard (AS-26)”Intangible
Assets”.
Depreciation:
Depreciation on fixed assets is provided on straight-line
method (SLM) at the rates and in the manner specified in schedule
XIV to the companies Act, 1956
Certain Plant & Machinery have been considered as
continuous process plant on the basis of technical assessment and
depreciation on the same provided for accordingly.
16. Investment:
Long term Investments are carried at the cost provision
is made when in the opinion of the management diminution in the
value of investment is other than temporary in nature. Current
investments are carried at the lower of cost or market fair value.
Taxes on Income:
Provision for current tax is made considering various
allowances and benefits available to the company under the
provisions of the Income Tax Act, 1961
17. Director’s Report
Financial Result:
(Rs. in crores)
Particular 31-03-2010 31-03-2011
Sales & other income 7,484.90 9,717.34
Profit before interest and depreciation 2,612.13 3,726.14
Profit before tax 1,907.50 2,753.36
Profit after tax 1,479.68 2,064.12
Appropriations:
Interim dividend - -
Final dividend 116.52 140.19
Corporate tax on dividend 4.28 3.75
General reserve 150.00 210.00
Subsidiary Company:
Jindal Power Limited has closed financial
year 2010-11 with total income of Rs.3,564.35 crores and earned a
profit after tax Rs.2,001.60 crores.
Dividend:
Your Directors recommend a dividend of 150%
i.e. Rs. 1.50 per equity share of Re. 1/- each. Stock Options under Series
III (Part III) will vest in the employees on 27th April, 2011 and shares
will be allotted against these Options in due course. These shares will
rank pari-passu with the existing shares in all respects. Accordingly,
provision for payment of dividend for the financial year 2010-11 has
also been made in respect of 7,40,625 equity shares being the maximum
number of shares that may be allotted on exercise of these Options.
18. Corporate Governance:
The company has implanted the conditions of corporate
Governance as contained in Clause 49 of listing agreement. Separate
reports on Corporate Governance and Management Discussion and
Analysis along with necessary certificates are given elsewhere in this
Annual Report.
Future Issue of Capital:
The Company has allotted 30,23,507 equity shares of Re.1/-
each on various dates against options granted under the Company’s
Employee Stock Option Scheme- 2005 during the period under report.
19. Auditor’s Report
We have audited the attached balance sheet of Jindal
Steel & Power Limited, as at 31st March, 2011, the profit & loss
Account and the Cash flow statement for the year ended on that
date annexed there at these financial statements are the
responsibility of the company’s managements. Our responsibility is
to express on opinion these financial statements based on our
audit.
As required by the companies (Auditor’s Report) Order,
2003 as amended by the companies Auditor’s report amendment
order, 2004 (together the ‘order’) issued by the Central
Government of India in terms of sub section (4A) of section 227 of
the Annexure, a statements on the matters specified in paragraphs
4 & 5 of the said order.
Annexure to Auditor’s Report:
The company has maintained proper recodes showing fall
particulars including quantitative detail and situation of fixed
assets.
Fixed assets disposed of during the year were not
substantial.
The company has not taken any loans, Secured or
Unsecured from companies, firm or other parties listed in
the register maintained under section 301 of the companies
Act, 1956
In our opinion the company has an internal audit system
commensurate with the size and nature if it’s business.
21. Meaning and Importance of Ratio
Meaning:
“Ratio analysis is process comparison of one
figure against another and the interpretation of ratio to known the
strengths and weaknesses of firm and its position”.
Importance:
1. Profitability:
Useful information about the trend of
profitability is available from ratio. The Gross profit ratio, Net
profit ratio, And ratio of return on investment give a good idea
of profitability of business.
2. Liquidity:
In fact, the use of ratio was made initially to
ascertain the liquidity of business. The current ratio, liquid
ratio, & acid test ratio will tell whether the business will be
able to meats its current liabilities as and when they mature.
3. Efficiency:
The turnover ratio are excellent guides to
measures the efficiency of manager. For example, the stock
turnover ratio will indicates how efficient the sale is being made
& assets turnover shows the efficiency with which the assets are
used in business.
22. 4. Inter-Firm Comparison:
The absolute ratios of a firm are not much use,
unless they are compared with similar ratios of the other firm
belonging to the same industry.
5. Useful for budgetary Control:
Regularly budgetary reports are prepared in
business where the system of budgetary control is in use.
6. Useful for Decision Making:
Ratios guide the management in making some
of the importance decisions. Supposed, the liquidity ratio shows
unsatisfactory positions, the management may decide to get
additionalliquid funds.
23. Ratio Analysis
Gross Profit Ratio:
It is the basic measure of Profitability of business. It
expresses relationship between gross profits earned to net sales.
Formula:
Gross Profit × 100
Net sales
Gross Profit: Sales- Cost of Goods Sales
Particular 2009 2010 2011
Net Sales 7,653.19 7,367.59 9,573.63
Gross Profit 2,638.91 2,659.61 3,934.21
Ratio (%) 34.48% 36.1% 41.09%
Interpretation:
In the first year Gross Profit Ratio of the company
was 34.48 %. It is good in Second year when it increase and become
36.1 % in the third year it increases and become 41.09 % which is
satisfactory for company.
0.00
2,000.00
4,000.00
6,000.00
8,000.00
10,000.00
12,000.00
2009 2010 2011
Gross Profit
Net Sales
24. Net Profit Ratio:
The net profit is obtained after charging operating
Expenses, interest, depreciation and taxes to gross profit.
Formula: Net Profit × 100
Net Sales
Net Profit: Profit after Tax
Particular 2009 2010 2011
Net Sales 7,653.19 7,367.59 9,573.63
Net Profit 1,581.93 1,479.68 2,064.12
Ratio (%) 20.60% 20.08% 21.56%
Interpretation:
The Net Profit Ratio of first year and second
year was 20.60 % and 20.08 % in which it is decreasing but in
the third year it was 21.56 % which has been increasing. The
profitability ratio of the company is satisfactory
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
2009 2010 2011
Net Sales
Net Profit
25. Operating Ratio:
It is a ratio showing relationship cost of good
sold plus operating expenses & net sales. It shows the efficiency
of the management. The higher the ratio, the less will be the
margin available to proprietors. This ratio is also usually
expressed as a percentage.
Formula:
Cost of goods Sales+ Operating Expenses × 100
Net Sales
Particular 2009 2010 2011
Net Sales 7,653.19 7,367.59 9,573.63
COGS 5014.28 4707.98 5639.42
Operating Ex. 143.71 - -
Ratio (%) 67.39% 63.90% 58.90%
Interpretation:
With the increases in Sales, COGS and Operating
Exp. in second year comparing to first year, but at same time the
operating ratio decreases from 67.39% to 63.90% and in third year
it decreases to 58.90%.
0
5000
10000
2009 2010 2011
Net Sales
COGS
Operarting EX.
26. Return on Investment:
It is an index of profitability of business
& is obtained by comparing Profit before Interest & Taxes with
Capital Employed. The ratio is normally expressed in
percentage.
Formula:
Profit before Interest & Taxes × 100
Capital Employed
Particular 2009 2010 2011
PBIT 2,638.91 2659.61 3790.50
Capital Employed 10,374.89 15,103.90 20,799.03
Ratio (%) 26.43% 27.61% 18.22%
Interpretation:
This ratio shows how many capitals used in
this ratio. It was 26.43% in 2009, 27.61% in 2010 & 18.22% in
2011.
0
5000
10000
15000
20000
25000
2009 2010 2011
PBIT
Capital Employed
27. Return on Shareholder’s Fund:
Profit is earned in business for owners
and so they are naturally interested in return they get on their
money invested in company’s business.
Formula:
Net Profit × 100
Owner’s Fund
Particular 2009 2010 2011
Owner’s fund 5,388.13 6,723.66 8,687.55
Net Profit 1,581.93 1,479.68 2,064.12
Ratio (%) 29.35% 22.00% 23.76%
Interpretation:
Profit of company decrease in second year but it
is increases in third year which may be because of high stock
turnover ratio in third year. As a result the company can get
higher return on capital provider.
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
2009 2010 2011
Owner's fund
Net Profit
28. Return on Equity Shareholder’s Funds:
It shows what percentage of profit is earned on
the capital invested by ordinary shareholders. The ratio is
obtained by dividing net profit after deduction of preference
dividend by equity shareholders fund.
Formula: Net Profit-Preference Dividend × 100
Equity Shareholder’s Fund
Particular 2009 2010 2011
Net Profit 1,581.93 1,479.68 2,064.12
Equity Share 16.47 93.12 93.43
Ratio (%) 96.04% 15.89% 22.09%
Interpretation:
Here, at glance of last 3 year amount available
for dividend purpose is decreasing every year.
0
500
1000
1500
2000
2500
2009 2010 2011
Net Profit
Equty Share
29. Return on Total Assets:
The return on total assets implies how the funds
supplied by both owners & creditors are utilized in business.
Formula: Net Profit × 100
Total Assets
Particular 2009 2010 2011
Net Profit 1,581.93 1,479.68 2,064.12
Total Assets 7,619.73 10,377.97 15,129.26
Ratio (%) 20.76% 14.26% 13.64%
Interpretation:
Here, as company is getting experienced its
utilization of funds for enterprise is also improving which is good.
0
5000
10000
15000
20000
2009 2010 2011
Net Profit
Total Assets
30. Earnings Per Share:
The ratio is obtained by dividing net profit after
deduction of preference dividend by number of Equity share.
Formula: Net Profit- Preferences Dividend ×100
No. of Equity Share
Particular 2009 2010 2011
Net Profit 1,581.93 1,479.68 2,064.12
No. of Equity 16.47 93.12 93.43
Ratio (Rs.) 96.04 15.89 22.09
Interpretation:
This ratio is very useful to the investors to know
their earnings per share in the year. Higher the ratio it will be
good for the companies prestige.
0
500
1000
1500
2000
2009 2010 2011
Net Profit
No of Equity
31. Dividend per Share:
It shows the dividend per share which
shareholders of the company get return on their investment by the
company declaration.
Formula: Purpose Dividend × 100
No of share
Particular 2009 2010 2011
Dividend 85.33 116.52 140.19
No of Share 16.47 93.12 93.43
Ratio (Rs.) 5.52 1.25 1.50
Interpretation:
This ratio shows the dividend per share. It was
5.52 Rs. in 2009, 1.25 Rs. in 2010 & 1.50 Rs in 2011.
0
50
100
150
2009 2010 2011
Dividend
No of Share
32. Debt-Equity Ratio:
This ratio shows proportion of funds
provided by long term creditors & that provides by shareholders.
Formula: Long term liability ×100
Shareholder’s fund
Particular 2009 2010 2011
Long term liability 4,962.65 8,383.26 12,114.64
Share H/D’s fund 5,388.13 6,723.66 8,687.55
Ratio (%) 9.21% 12.43% 13.95%
Interpretation:
Here, proportions of funds provided by long term
creditors & that to shareholder’s are increases therefore it’s not
good for company.
Dividend Payout Ratio:
0
5000
10000
15000
Category 1 Category 2 Category 3
Long term Liability
Share H/D's Fund
33. It is the proportion of actual dividend
received to the earning per share.
Formula: Dividend Per Share × 100
Earnings Per Share
Particular 2009 2010 2011
DPS 5.52 1.25 1.50
EPS 96.04 15.89 22.09
Ratio (%) 5.5% 7.8% 6.8%
Interpretation:
Here, at glace last three year in 2010, it was
highest & it’s good from shareholder’s point of view as proportion
of actual dividend received to earning per share is increasing
every year.
0
50
100
2009 2010 2011
DPS
EPS
34. Capital Gearing Ratio:
This ratio indicates the ratio between those
capital where interest & dividend pay is compulsory with those
capital where dividend payment is not compulsory.
Formula: Fixed Interest bearing Capital
Equity share Capital
Particular 2009 2010 2011
Fixed Interest bearing Capital 4,962.65 8,383.26 12,114.64
Equity share capital 15.47 93.12 93.43
Ratio 32.08 9.02 12.97
Interpretation:
Capital gearing ratio is continuously decreasing
in given years. It shows that the fixed interest bearing capital is
more used compared to the ordinary capital.
0
2000
4000
6000
8000
10000
12000
14000
2009 2010 2011
Fixed Interest bearing Capital
Equity Share Capital
35. Proprietary Ratio:
The ratio shows the proportion of proprietary
fund to the total assets employed in the business. The proprietors
fund or shareholders’ equity consists of share capital & reserves
and surpluses.
Formula: Proprietary’s Fund × 100
Total Assets
Particular 2009 2010 2011
Proprietary’s Fund 5,412.3 6,742.98 8,684.34
Total Assets 7,619.73 10,377.97 15,129.26
Ratio (%) 71.03% 65.91% 57.40%
Interpretation:
The higher the ratio the stronger the financial position
of the company as it signifies that the proprietors have provided larger
funds to purchases the assets.
0
2000
4000
6000
8000
10000
12000
14000
16000
2009 2010 2011
Proprietary's Fund
Total Assets
36. Long Term Fund to Fixed Assets:
The fixed assets of business must be
purchased out of fixed capital only, which includes share capital,
reserve & long term liability. This ratio shows the relationship
between fixed capital & fixed assets.
Formula: Long term Liability × 100
Fixed Assets
Particular 2009 2010 2011
Long term liability 4,942.65 8,783.26 12,114.67
Fixed Assets 6,435.64 9,300.33 18,291.49
Ratio (%) 77.11% 90.14% 66.23%
Interpretation:
Long term funds to fixed assets ratio is
continuously decreasing in the given year. It is 66.23% in 2009,
90.14% in 2010 and 77.11% in 2011.
0
5000
10000
15000
20000
2009 2010 2011
Long term Liability
Fixed Assets
37. Stock turn Over Ratio:
The number of times the average stock is turned
over during the year is known as stock turnover ratio. It is
computed by dividing the cost of goods sold by the average stock in
the business.
Formula: Cost of goods sold
Average Stock
Particular 2009 2010 2011
COGS 5014.28 4707.98 5639.42
Average Stock 1,095.36 651.72 862.42
Ratio 4.58 7.22 6.54
`
Interpretation:
The ratio is very important in judging the ability
of management with which we can move the stock. The higher the
turnover ratio, the move profitable the business would be.
0
1000
2000
3000
4000
5000
6000
2009 2010 2011
COGS
Average Stock
38. Current Ratio:
This is the most widely used ratio which shows the
proportion of Current Assets to Current Liabilities. It is also
known as Working Capital Ratio.
Formula: Current Assets
Current Liability
Particular 2009 2010 2011
Current Assets 544.05 2,013.96 2,992.8
Current Liability 156.83 2,896.40 2,810.61
Ratio 3.47:1 0.7:1 1.06:1
Interpretation:
The ideal Current Ratio is 3.47:1. In first year and
second year the ratio is less than ideal ratio but in third year it is
more. It seems that the liquid position is good and there is no
unproductive investment in current assets.
Current Assets
Current Liability
0
1000
2000
3000
2009
2010
2011
Current Assets
Current Liability
39. Debtor’s Ratio:
The debtor’s ratio shows comparison of
debtors plus bill receivable of avg. daily sales. It shows the
number of days taken to collect the dues of credit sales. Higher
ratio indicates unsatisfactory position, it suggest that the credit
& collection policy are weak.
Formula: Debtor + B/R ×365
Credit Sales
Particular 2009 2010 2011
Debtor 391.46 622.36 737.12
Credit Sales 7,677.83 7,347.44 9,543.47
Ratio (Days) 18 30 28
Interpretation:
Debtor’s ratio is stable in the given years. It is
18days in the 2009, 30days in the 2010 and 28 days in the 2011
respectively. Here company’s credit policy is good for company.
0
2000
4000
6000
8000
10000
12000
2009 2010 2011
Debtor
Credit Sales
40. Fixed Assets Turnover Ratio:
The ascertain the efficiency & profitability of
business the total fixed assets are compared to sales. The more the
sales in relation to amount invested in the fixed assets, the more
efficiency is use of fixed assets.
Formula: Net Sales
Fixed Assets
Particular 2009 2010 2011
Net Sales 7,653.19 7,367.59 9,573.63
Fixed Assets 4,322.03 13,139.34 17,078.29
Ratio 1.77 0.56 0.56
Interpretation:
The ratio shows utilization of fixed assets in the
business. The ratio is low, it indicates that investment in the fixed
assets is more than what is necessary & must be reduced.
0
2000
4000
6000
8000
10000
12000
14000
16000
18000
2009 2010 2011
Net Sales
Fixed Assets
41. Total Assets Turnover Ratio:
This ratio measures a firm’s efficiency in
utilizing its assets. It indicates how many times the assets were
turned over a period & there by generated sales. If assets turnover
is high, the company is managing its assets efficiently. If it is low,
it means the company has more assets than it really needs for its
operation.
Formula: Net Sales
Total Sales
Particular 2009 2010 2011
Net Sales 7,653.19 7,367.59 9,573.63
Total Assets 4,866.08 15,150.3 20,071.09
Ratio 1.57 0.49 0.48
Interpretation:
The Total assets turnover ratio shows the
efficiency of managing its assets. Higher the ratio, it’s better for
the company.
0
5000
10000
15000
20000
25000
2009 2010 2011
Net Sales
Total Assets
42. Current Assets turnover Ratio:
This ratio is computed to ascertain how efficiency
working capital is utilized in business.
Formula: Net Sales
Current Assets
Particular 2009 2010 2011
Net Sales 7,653.19 7,367.59 9,573.63
Current Assets 544.05 2,010.96 2,992.8
Ratio 14.08 3.66 3.20
Interpretation:
Average industrial ratio must be 2 so, it’s around
last two years which is good & shows that working capital is being
utilized nicely.
Current Assets
Net Sales
0
2000
4000
6000
8000
10000
2009 2010
2011
Current Assets
Net Sales
43. Limitation of Ratio Analysis
1) Single year ratio have limited utility:
The utility of ratio computed from the financial
statement of one year only is obviously limited.
2) Other factor must be considered:
While comparing ratio of different firms, it must be
remember that different firms follow different accountancy
plans and policies.
3) Lack of Standard Ratio:
There is practically no standard ratio against which the
actual performance can be compared.
4) Other factors Important:
Financial result of business depend upon a number of
factor such as general economic condition and competition,
local factor and the policy adopted by management.
5) Ratio of two irrelevant Figures:
Ratio must be established between related matters. It is of
no use if ratios are found between two figures.
44. Common Size Balance Sheet
Particulars (` in crores) Common Size (`)
2009 2010 2011 2009 2010 2011
SOURCES OF
FUNDS:
Share Capital 867.70 93.12 93.43 15.76 0.62 0.46
Reserve and
Surplus
1,499.84 6,630.54 8,594.12 27.28 43.89 42.53
Long Term
Loans
Secured Loan 3,132.76 4,235.16 5,530.93 56.96 28.03 27.37
Unsecured Loan - 4,148.10 6,583.74 - 27.46 32.58
TOTAL 5,500.3 15,106.92 20,208.22 100 100 100
APPLICATION
OF FUNDS:
Fixed Assets 4,322.03 13,139.34 17,078.29 76.94 82.94 78.78
Investment 244.43 1,067.11 1,210.01 4.35 6.74 5.58
Current Assets 1,538.19 5,876.90 8,097.80 27.38 37.10 37.35
- Current
Liabilities
(487.08) (4,242.11) (4,706.95) (8.6) (26.78) (21.71)
TOTAL 5,617.57 15,841.24 21,679.15 100 100 100
45. Common size Profit & Loss Account
Particular (Rs. in Crores) (Common Size)
2009 2010 2011 2009 2010 2011
Net Sales 7,365.19 7,367.59 9,534.89 100 100 100
Other Income 146.24 117.31 143.71 1.98 1.59 1.50
Total Income 7,799.43 7,484.90 9,678.60 10.58 10.16 10.15
Total Expense 5,160.52 4,825.20 5,744.39 9.50 7.67 8.89
PBIT 2,638.91 2,659.61 3,790.50 11.5 10.45 12.34
Interest 204.00 239.95 355.02 3.4 5.2 7.8
Depreciation 433.03 512.15 687.77 1.8 2.7 2.5
PBEI 2,001.88 1,907.51 2,753.36 6.3 9.81 12.87
Other none
ope. Exp.
- - - - - -
PBT 2,001.88 1,907.51 2,753.36 6.3 9.81 12.87
Provision for
Tax
465.40 427.82 689.24 1.5 2.8 4.6
Net Profit 1,536.98 1,479.69 2,064.12 5.67 7.89 8.5
46. Cash flow Statement for the year ended
31st
March, 2011
Particular 2010 2011
NET PROFIT BEFORE TAX 1,907.50 2,753.36
A. CASH INFLOW/(OUTFLOW) FROM
OPERATING ACTIVITIES
Adjustment for:
Depreciation 512.16 687.77
Premium on Investment written off 0.19 0.07
Loss / (Profit) on Sale of Fixed Assets 2.37 0.27
Loss / (Profit) on Sale of Investments (0.44) (1.13)
Dividend Income (91.90) (117.10)
Liability / Provisions no longer required
written back
(3.09) (1.79)
Provision for doubtful debts (0.78) (0.61)
Provision for doubtful advances 0.60
Employees Compensation Expenses under
Employees Stock Option Scheme
(4.85) (4.87)
Interest Paid 192.47 285.01
Operating Profit before Working
Capital Changes
2,514.23 3,600.98
Adjustment for:
Inventories (118.54) (875.62)
Sundry Debtors (230.12) (114.08)
Other Current Assets 82.67 (212.28)
Income Tax paid (292.29) (514.78)
Other Current Liabilities 447.32 (90.18)
Net Cash Inflow/(Outflow) from
Operating Activities
2,403.27 1,794.04
B. CASH INFLOW/(OUTFLOW)
FROM INVESTMENT ACTIVITIES
Capital Expenditure (5,778.54) (4,893.93)
Sale Proceeds of Fixed Assets 146.28 354.20
Dividend received 87.56 91.09
47. Loans & Advances (447.36) (398.62)
Interest Received 40.31 49.51
(Increase) / Decrease in Investments 166.53 (141.76)
Share Application Money given (26.66) (24.85)
Net Cash Inflow/(Outflow) from
Investing Activities
(5,811.88) (4,964.36)
C. CASH INFLOW/(OUTFLOW)
FROM FINANCING ACTIVITIES
State Sales Tax Subsidy 33.33 32.23
Issue of Equity Shares 12.59 11.32
Proceeds from Long T erm Borrowings 4,385.11 5,317.19
Working Capital Borrowings from Banks 658.64 1,049.92
Repayment/Adjustment of Borrowings (1,473.27) (2,469.78)
Dividend Paid (including tax thereon) (80.78) (117.59)
Interest Paid (375.87) (661.51)
Net Cash Inflow/(Outflow) from
Financing Activities
3,159.75 3,161.78
Net Cash Inflow/(Outflow) from
Financing Activities
(248.86) (8.54)
Cash & Cash equivalents (Opening
Balance)
308.96 60.10
Cash & Cash equivalents (Closing
Balance)
60.10 51.56
49. Combined Leverage:
Operating Leverage × Financial Leverage
Particular 2010 2011
OL 1.41 1.40
FL 1.23 1.21
Combined Leverage 1.73 1.69
Earning to Equity Shareholder Per Share:
Earning to Shareholder
No. of Equity Share
Particular 2010 2011
Earning to S/H 1010.6 1407.4
No. of Equity Share 93.12 93.43
Earnings per Share 10.85 15.06
50. Stock Market Price in Comparison with
BSE & NSE
For the
year 2011
Equity Share
BSE NSE
High (Rs.) Low (Rs.) High (Rs.) Low (Rs.)
January 728.75 710.40 728.90 709.10
February 668.00 629.45 671.00 628.15
March 676.00 661.00 675.50 660.35
April 703.00 694.55 703.50 695.00
May 679.80 647.35 681.05 646.70
June 659.50 652.50 658.05 650.55
July 657.00 643.60 657.45 645.00
August 589.40 557.00 591.00 557.25
September 524.90 496.65 526.10 496.35
October 504.50 500.15 524.90 500.00
November 563.10 545.10 564.05 545.55
December 530.85 519.00 530.55 518.80
51. BSE Diagram:
NSE Diagram:
0
100
200
300
400
500
600
700
800
January
February
March
April
May
June
July
August
September
October
November
December
Low (Rs)
High (Rs)
Low (Rs)
0
200
400
600
800
January
February
March
April
May
June
July
August
September
October
November
December
Low (Rs)
High (Rs)
52. Social Responsibility of Company
Excellence at JSPL is not restricted to our business; it
encompasses community partnership and respect for the environment.
JSPL is running co-educational school at Raigarh, Tammar,
nalwa, Angul and Potrata where quality education is being imparted to
over 10,000 students.
O.P.Jindal Globle University, it is a non-profitgloble
University establish by the Haryana Private University Act, 2009
JSPL has a mobile wan and Hakeadeepa health center with
X-ray and lab facility has been operated and about 12,609 person
examined.
54. Conclusion
The company is committed to the application of best
management practices. It is these value and guldens that will
give a firm foundation for future growth of company.
56. Declaration
I, hereby declare that the Project “JindalSteel & Power Limited” is
original to the best of my knowledge and has not been published
elsewhere. This is for the purpose of partial fulfillment of Gujarat
University requirement for the award of the degree of Bachelor of
Business Administration.
Parmar Bhargav G.
Roll No.: 85
Class: SY BBA
Division: B