ASECURWAR Financial Overview

STRONG DELEVERAGING JSLA 31 JINDAL STAINLESS 11.0 Net Debt (Rs. Cr.) -D/E (x) Net Debt/EBITDA (x) 8.4 4.2 2.7 2.6 2.3 1.3 0.7 0.7 2.9 3.4 3.2 1.4 1.3 0.9 0.5 0.3 0.2 CAGR 17% 11,185 11,145 8,483 6,585 5,366 4,711 3,135 3,179 2,591 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23

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