JINDAL STEEL LIMITED

JINDAL STEEL LIMITED

JINDALSTELNSE / BSEMaterialsMid Cap

₹1,055.40-₹5.60 (-0.5%)

Last close · Data as of Oct 30, 2026

Market cap
₹1,03,131 Cr
P/E
21.2x
EV / EBITDA
10.7x
Revenue
₹49,143 Cr
Net margin
10.5%
ROCE
17.9%

-1.3% over the last year

JINDAL STEEL LIMITED price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-6.8%
3M
-3.5%
6M
-13.8%
1Y
-1.3%
5Y
+149.3%

52-week range

Day change -₹5.60 (-0.5%) from ₹1,061 to ₹1,055 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in JINDALSTEL, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Strong 5-year net profit CAGR of 53.5%

Concerns1

  • Net profit declined 31.3% year-over-year

Rule-based from financial data. Not advice.

About the company

Jindal Steel Limited operates in the steel, mining, and infrastructure sectors in India and internationally.

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Jindal Steel Limited operates in the steel, mining, and infrastructure sectors in India and internationally. It offers rails; medium and heavy hot-rolled parallel flange beams and column sections; plates and coils; angles and channels; cold heading quality, electrode quality, and high carbon wire rods; round bars; fabricated sections; Jindal Speedfloor concrete flooring solutions; Jindal Panther TMT rebars; semi-finished products, including slabs, billets, blooms, beam blank, and rounds; and Jindal Panther cement comprising Portland slag cement, Portland composite cement, and ground-granulated blast-furnace slag, as well as rockhard plates, cathode bards, and track shoes. The company also operates and maintains a total captive power plant capacity of 1,634 megawatts. In addition, it operates coal and iron ore mines located at various locations in India, Australia, and Africa. The company was formerly known as Jindal Steel & Power Limited and changed its name to Jindal Steel Limited in July 2025. Jindal Steel Limited was incorporated in 1979 and is based in New Delhi, India.

Sector
Materials
Shares outstanding
102 Cr shares
ISIN
INE749A01030
BSE code
532286

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹1,03,131 Cr
P/E
21.2x
P/B
2.0x
EV / EBITDA
10.7x
EV / Sales
2.2x
P/S
2.1x
Earnings yield
4.7%
52-week high
₹1,288.80
52-week low
₹986.35

Profitability

Operating margin
20.5%
Net margin
10.5%
EBITDA margin
20.6%
ROE
11.6%
ROCE
17.9%
ROA
7.3%
Dividend payout
4.0%
Tax rate
26.0%
Other income, % of PBT
0.6%

Growth

Revenue
₹49,143 Cr
Revenue growth, 1Y
-1.7%
Revenue CAGR, 5Y
13.7%
EBITDA
₹10,287 Cr
EBITDA growth, 1Y
62.7%
Net profit growth, 1Y
-31.3%
Net profit CAGR, 5Y
53.5%
Cash from operations
₹6,909 Cr
CFO growth, 1Y
8.8%
Free cash flow
-₹837 Cr
Asset growth, 1Y
7.4%

Solvency and efficiency

Current ratio
1.94
Debt / Equity
0.26
Debt / Assets
0.16
Debt / EBITDA
1.14
Interest coverage
11.12
Financial leverage
1.58
CFO / Net profit
1.31
Cash / Market cap
20.6%
Cash per share
₹207.93
Asset turnover
0.69
Fixed asset turnover
1.27
Capital intensity
0.79
Debtor days
16 days
Inventory turnover
3.97
Cash conversion cycle
42 days

Where the revenue went

FY2025 ended in a loss, so the lines are listed rather than drawn as a flow.

LineFY2025
Sales₹49,143 Cr
Expenses₹40,181 Cr
Operating profit₹8,963 Cr
Other income-₹1,223 Cr
Interest₹620 Cr
Depreciation₹2,272 Cr
Profit before tax₹4,847 Cr
Tax and other₹1,226 Cr
Net profit₹3,621 Cr

Revenue and net profit

Revenue fell 1.7% in FY2025; net profit is the dashed line.

JINDAL STEEL LIMITED revenue and net profit by fiscal year
JINDAL STEEL LIMITED revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹33,346 Cr₹7,154 Cr
FY2022₹49,512 Cr₹8,283 Cr
FY2023₹51,680 Cr₹2,427 Cr
FY2024₹50,009 Cr₹5,273 Cr
FY2025₹49,143 Cr₹3,621 Cr

Cash flows

FY2025: ₹11,211 Cr from operations, ₹3,896 Cr free after investment (dashed).

JINDAL STEEL LIMITED operating and free cash flow by fiscal year
JINDAL STEEL LIMITED operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021₹9,760 Cr₹6,253 Cr
FY2022₹14,185 Cr₹4,778 Cr
FY2023₹6,351 Cr₹2,573 Cr
FY2024₹6,909 Cr₹1,828 Cr
FY2025₹11,211 Cr₹3,896 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹49,143 Cr-1.7%1Y
Net profit
₹3,621 Cr-31.3%1Y
Cash from operations
₹11,211 Cr
Free cash flow
₹3,896 Cr+113.1%1Y
Revenue CAGR, 5Y
13.7%
EBITDA CAGR, 5Y
12.2%
Net profit CAGR, 5Y
53.5%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹49,143 Cr₹8,963 Cr—₹3,621 Cr₹11,211 Cr₹3,896 Cr7.3%-1.7%-31.3%

Monthly returns

Month-by-month returns of JINDALSTEL across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹73,489 Cr
Equity capital₹101 Cr
Reserves₹49,662 Cr
Borrowings₹7,481 Cr
Other liabilities₹16,245 Cr
Assets₹73,489 Cr
Fixed assets₹39,837 Cr
Capital work in progress₹5,475 Cr
Investments₹9,869 Cr
Other assets₹18,308 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

  1. JINDAL STEEL LIMITED (this company)₹1.0 L Cr
  2. Shree Cements Ltd.₹98,073 Cr
  3. SRF Ltd.₹90,066 Cr
  4. NMDC Ltd₹72,216 Cr

P/E against peers

JINDALSTEL trades at 21.2x earnings against a peer median of 35.5x (a 40% discount).

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
JINDAL STEEL LIMITEDJINDALSTELthis companyP/E ↓ discount₹1.0 L Cr21.2x2.0x11.6%10.7x
Pidilite Industries Ltd.PIDILITIND₹1.5 L Cr68.4x16.2x21.6%55.9x
Ambuja Cements Ltd.AMBUJACEM₹1.3 L Cr26.0x2.6x——
Shree Cements Ltd.SHREECEM₹98,073 Cr58.3x4.5x——
SRF Ltd.SRF₹90,066 Cr58.0x7.5x13.1%37.0x
NMDC LtdNMDC₹72,216 Cr10.2x2.2x22.2%8.3x
Coromandel International LimitedCOROMANDEL₹69,386 Cr32.1x5.7x18.3%25.2x
Lloyds Metals and Energy LimitedLLOYDSME₹67,135 Cr36.6x8.4x44.2%37.5x
National Aluminium Co. Ltd.NATIONALUM₹65,660 Cr10.7x3.3x14.1%18.1x
Peer median—35.5x3.7x12.9%19.2x

Year-to-date ROI

JINDALSTEL since 1 January, against earlier years.

Historical volatility

JINDALSTEL's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

JINDAL STEEL LIMITED operating margin by fiscal year
JINDAL STEEL LIMITED operating margin by fiscal year
DateOperating margin
FY202139.0%
FY202230.0%
FY202318.0%
FY202420.0%
FY202518.0%
LineFY2025
RevenueSales₹49,143 Cr
Costs
Interest₹620 Cr
Expenses₹40,181 Cr
Profit before tax₹4,847 Cr

Learn while you research

Academy chapters picked for JINDAL STEEL LIMITED and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
  4. 04 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
  5. 05 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read
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