JINDAL STEEL LIMITED Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Low debt relative to equity (D/E 0.4x)
Concerns
Today's Price Action
The stock closed at ₹1048.1 with zero change on the day. Trade volume matched the 20‑day average at 13,41,866 shares, indicating neutral participation and no unusual buying or selling pressure. The price remains within a range, suggesting consolidation ahead of any catalyst.
Valuation Snapshot
The price‑to‑earnings multiple stands at 32.1, while the broader metals and mining segment registers a negligible aggregate P/E, reflecting a lack of comparable peer ratios. Return on equity is 8.22 %, suggesting modest profitability relative to the capital base. Comparatively, the sector’s near‑zero P/E signals that many peers lack earnings, making the standalone multiple less informative.
Key Levels to Watch
The current price is positioned near the lower end of its 52‑week range, above the recent trough of ₹977 and well below the historic high of ₹1306. Open‑interest clusters observed around the ₹1020‑₹1050 band may act as interim support or resistance zones. Should the price breach the ₹1050 ceiling, the next resistance aligns near the 52‑week peak, while a break below ₹1000 could draw attention to the prior swing low at ₹985.
Chart Pattern
In the daily chart, a bullish engulfing candle formed three sessions ago followed by a tweezer bottom on the same day and a piercing line seven sessions back. These candlesticks on the 1‑day timeframe signal a series of reversal‑type formations after prior down‑moves.
Data Summary
Key metrics show a market price of ₹1048.1, a P/E of 32.1, P/B of 0, and an ROE of 8.22 %. The security’s 52‑week high and low are ₹1306 and ₹977 respectively, with trading activity aligning with its recent average volume. Data as of close.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹2,480 | ₹3.4L Cr | 141 | 3.96 | 4.48 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,241 | ₹2.9L Cr | 18.5 | 2.68 | 10.2 | 11 | 0.62 |
| HINDZINC Hindustan Zinc Limited | ₹507 | ₹2.1L Cr | 10.1 | 7.15 | 76.6 | 69.5 | 0.22 |
| TATASTEEL Tata Steel Limited | ₹169 | ₹2.1L Cr | 17.7 | 2.07 | 11.7 | 12.5 | 1.01 |
| HINDALCO Hindalco Industries Limited | ₹894 | ₹2.0L Cr | 9.39 | 1.47 | 13 | 13.2 | 0.56 |
| VAML Vedanta Aluminium Metal Limited | ₹— | ₹1.3L Cr | 8.51 | — | — | — | — |
| LLOYDSME Lloyds Metals And Energy Limited | ₹— | ₹1.0L Cr | 21 | 7.39 | 36.6 | 27.3 | 1.45 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
JINDALSTEL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 61.21% | 61.21% | 61.19% | 61.19% | 61.19% | 62.22% |
| FII | 11.75% | 11.93% | 12.64% | 12.19% | 10.99% | 9.59% |
| DII | 15.33% | 14.73% | 15.34% | 16.05% | 17.26% | 17.72% |
| Public | 9.99% | 10.41% | 10.01% | 9.75% | 9.75% | 9.65% |
| Others | 1.73% | 1.73% | 0.81% | 0.81% | 0.81% | 0.81% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
Dividend - Rs 2 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
To consider dividend
To consider and approve the financial results for the period ended March 31, 2026
Dividend - Rs 2 Per Share
Dividend - Rs 2 Per Share
Dividend - Rs 2 Per Sh
Latest News
All newsJindal Steel reports Q2FY26 financial results
*Jindal Steel reports Q2FY26 financial results.* The company has submitted its financial results for the quarter ended September 30, 2026. Key figures such as **revenue**, **profit after tax**, and **EBITDA** will be analyzed for performance trends. Market participants will assess guidance and operating metrics for future outlook. 📊 *STOCKS:* $JSL | 🏢 *SECTOR:* Metals | #MEDIUMIMPACT #Earnings
Jindal Steel receives new credit rating update
*Jindal Steel receives new credit rating update.* The company's latest credit assessment has been disclosed in a regulatory filing. While no adverse action was indicated, the rating reaffirmation holds limited immediate impact on trading sentiment. Investors may monitor for debt cost implications. 📊 *STOCKS:* JSL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
Jindal Steel shares unchanged on general updates
*Jindal Steel shares unchanged on general updates.* The company filed routine corporate updates with the NSE, disclosing no major financial or operational developments. No significant data points were shared affecting near-term outlook. Investors await next earnings release for directional cues. 📊 *STOCKS:* $JINDALSTEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #corporate
Jindal Steel to host analyst and investor meet
*Jindal Steel to host analyst and investor meet.* The company has announced a schedule for its upcoming analyst and institutional investor meet. **No financial updates or guidance changes** were disclosed in the filing. The event aims to provide insights on business strategy and performance. 📊 *STOCKS:* $JINDALSTEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Jindal Steel to host analyst and investor meet
*Jindal Steel to host analyst and investor meet.* The company has announced a forthcoming conference call for institutional investors and analysts. **No financial updates or major announcements** were disclosed in the filing. The event is scheduled as part of routine corporate communication. 📊 *STOCKS:* $JINDALSTEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Jindal Steel hosts analyst and investor meet.
*Jindal Steel hosts analyst and investor meet.* The company conducted a conference call with institutional investors and analysts to discuss business updates. No major financial announcements or strategic shifts were disclosed. The event is part of routine investor outreach. 📊 *STOCKS:* $JINDALSTEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #AnalystMeet
Jindal Steel updates analysts on investor meet.
*Jindal Steel updates analysts on investor meet.* The company held a recent analyst and institutional investor meet to discuss business performance and outlook. No major financial announcements or guidance changes were disclosed. The session provided incremental insights into operations and strategy. 📊 *STOCKS:* $JSL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Jindal (India) commissions ₹1,500-cr colour coating line in West Bengal
*Jindal (India) commissions ₹1,500-cr colour coating line in West Bengal.* The new high-speed line boosts specialty steel capacity, enhancing product mix and export potential. The project strengthens the company’s footprint in value-added segments. 📊 *STOCKS:* JINDALSTEL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #capex
Jindal Steel makes non-binding offer for Thyssenkrupp Steel Europe
*Jindal Steel Makes Non-Binding Offer for Thyssenkrupp Steel Europe.* India's Jindal Steel has submitted a non-binding offer to acquire Thyssenkrupp Steel Europe, signaling interest in expanding its European footprint through a major overseas acquisition. The move reflects Jindal's strategic push to strengthen its global steel operations. Further developments await formal binding negotiations and regulatory approvals. 📊 *STOCKS:* $JINDALSTEL | 🏢 *SECTOR:* Metals | #MEDIUMIMPACT #M&A
Triveni, Crisil, Castrol, Vedanta, JSL among top losers on August 11
*Triveni, Crisil, Castrol, Vedanta, JSL among top losers on August 11*. Market saw sharp declines in these counters with **Nifty down 0.4%** and **trading volume at ₹38,200 crore**. No major corporate news drove the move—likely profit-booking after recent rallies. Sectoral indices showed weakness in **Metals and CapitalGoods**. 📊 *STOCKS:* TRITURB | 🏢 *SECTOR:* Trading | #LOWIMPACT #TopLosers
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹13.0K Cr 11.5% | ₹11.7K Cr 4.9% | ₹12.3K Cr 6.7% | ₹13.2K Cr 12.2% | ₹11.8K Cr 4.8% | ₹11.2K Cr 17.7% | ₹13.6K Cr 1.0% | ₹13.5K Cr |
| Op. Profit | ₹1.6K Cr 21.7% | ₹2.1K Cr 30.8% | ₹3.0K Cr 32.9% | ₹2.3K Cr 3.6% | ₹2.2K Cr 0.7% | ₹2.2K Cr 22.5% | ₹2.8K Cr 16.2% | ₹2.4K Cr |
| OPM | 13.0% 27.8% | 18.0% 25.0% | 24.0% 41.2% | 17.0% 10.5% | 19.0% 5.0% | 20.0% 4.8% | 21.0% 16.7% | 18.0% |
| Net Profit | ₹189 Cr 70.2% | ₹635 Cr 57.6% | ₹1.5K Cr 592.1% | ₹-304 Cr 132.0% | ₹951 Cr 10.6% | ₹860 Cr 35.7% | ₹1.3K Cr 43.4% | ₹933 Cr |
| EPS (₹) | 1.87 70.1% | 6.26 57.3% | 14.65 539.9% | -3.33 135.7% | 9.32 10.4% | 8.44 35.8% | 13.14 43.3% | 9.17 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹53.2K Cr 7.0% | ₹49.8K Cr 1.2% | ₹50.4K Cr 5.4% | ₹53.2K Cr 4.0% | ₹51.2K Cr 48.0% | ₹34.6K Cr 8.8% | ₹37.9K Cr 19.3% | ₹47.0K Cr 41.1% | ₹33.3K Cr 54.1% | ₹21.6K Cr |
| Expenses | ₹43.5K Cr 8.1% | ₹40.3K Cr 0.3% | ₹40.2K Cr 7.2% | ₹43.3K Cr 21.5% | ₹35.6K Cr 65.8% | ₹21.5K Cr 30.9% | ₹31.1K Cr 19.4% | ₹38.6K Cr 43.8% | ₹26.8K Cr 58.7% | ₹16.9K Cr |
| Op. Profit | ₹9.7K Cr 2.3% | ₹9.5K Cr 7.0% | ₹10.2K Cr 2.6% | ₹9.9K Cr 36.1% | ₹15.6K Cr 18.7% | ₹13.1K Cr 91.9% | ₹6.8K Cr 18.8% | ₹8.4K Cr 30.0% | ₹6.5K Cr 37.4% | ₹4.7K Cr |
| OPM | 18.0% 5.3% | 19.0% 5.0% | 20.0% 5.3% | 19.0% 36.7% | 30.0% 21.1% | 38.0% 111.1% | 18.0% 0.0% | 18.0% 5.3% | 19.0% 13.6% | 22.0% |
| Other Income | ₹-603 Cr 43.4% | ₹-1.1K Cr 782.7% | ₹156 Cr 128.9% | ₹-539 Cr 71.4% | ₹-1.9K Cr 1.2% | ₹-1.9K Cr 2614.9% | ₹74 Cr 105.0% | ₹-1.5K Cr 151.7% | ₹-584 Cr 61.3% | ₹-362 Cr |
| Interest | ₹1.5K Cr 15.6% | ₹1.3K Cr 1.4% | ₹1.3K Cr 10.5% | ₹1.4K Cr 23.4% | ₹1.9K Cr 31.4% | ₹2.8K Cr 26.9% | ₹3.8K Cr 11.6% | ₹4.3K Cr 10.3% | ₹3.9K Cr 12.4% | ₹3.4K Cr |
| Depreciation | ₹3.2K Cr 14.6% | ₹2.8K Cr 1.9% | ₹2.8K Cr 4.9% | ₹2.7K Cr 28.3% | ₹2.1K Cr 13.1% | ₹2.4K Cr 29.6% | ₹3.4K Cr 37.4% | ₹5.5K Cr 41.1% | ₹3.9K Cr 1.7% | ₹3.9K Cr |
| PBT | ₹4.4K Cr 1.6% | ₹4.3K Cr 30.4% | ₹6.2K Cr 18.5% | ₹5.3K Cr 45.7% | ₹9.7K Cr 59.4% | ₹6.1K Cr 2188.7% | ₹-291 Cr 89.6% | ₹-2.8K Cr 50.3% | ₹-1.9K Cr 38.7% | ₹-3.0K Cr |
| Tax % | 24.0% 29.4% | 34.0% 580.0% | 5.0% 80.0% | 25.0% 16.7% | 30.0% 0.0% | 30.0% 18.9% | 37.0% 364.3% | -14.0% 7.7% | -13.0% 23.5% | -17.0% |
| Net Profit | ₹3.4K Cr 18.1% | ₹2.8K Cr 52.1% | ₹5.9K Cr 49.5% | ₹4.0K Cr 41.3% | ₹6.8K Cr 58.6% | ₹4.3K Cr 1166.8% | ₹-400 Cr 83.4% | ₹-2.4K Cr 49.3% | ₹-1.6K Cr 36.3% | ₹-2.5K Cr |
| EPS (₹) | 33.01 19.7% | 27.57 52.6% | 58.21 87.1% | 31.11 44.8% | 56.4 58.3% | 35.62 3429.0% | -1.07 93.7% | -17 16.8% | -14.56 41.6% | -24.93 |
| Div Payout | 6.0% 14.3% | 7.0% 133.3% | 3.0% 50.0% | 6.0% 20.0% | 5.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹102 Cr 1.0% | ₹101 Cr 1.0% | ₹100 Cr 0.0% | ₹100 Cr 1.0% | ₹101 Cr 1.0% | ₹102 Cr 0.0% | ₹102 Cr 5.2% | ₹97 Cr 0.0% | ₹97 Cr 5.4% | ₹92 Cr |
| Reserves | ₹49.5K Cr 5.2% | ₹47.1K Cr 6.5% | ₹44.2K Cr 14.5% | ₹38.6K Cr 8.7% | ₹35.5K Cr 12.0% | ₹31.7K Cr 1.0% | ₹32.0K Cr 0.1% | ₹32.0K Cr 5.6% | ₹30.3K Cr 1.1% | ₹30.0K Cr |
| Borrowings | ₹19.2K Cr 4.1% | ₹18.4K Cr 11.7% | ₹16.5K Cr 26.3% | ₹13.0K Cr 3.4% | ₹13.5K Cr 54.9% | ₹29.9K Cr 18.8% | ₹36.8K Cr 6.9% | ₹39.6K Cr 7.9% | ₹43.0K Cr 6.3% | ₹45.9K Cr |
| Other Liabilities | ₹23.0K Cr 13.8% | ₹20.2K Cr 12.8% | ₹17.9K Cr 1.2% | ₹17.7K Cr 35.8% | ₹27.5K Cr 70.7% | ₹16.1K Cr 22.4% | ₹20.8K Cr 19.7% | ₹17.4K Cr 9.3% | ₹15.9K Cr 8.2% | ₹14.7K Cr |
| Total Liabilities | ₹91.7K Cr 7.0% | ₹85.8K Cr 9.0% | ₹78.7K Cr 13.3% | ₹69.4K Cr 9.4% | ₹76.6K Cr 1.5% | ₹77.8K Cr 13.3% | ₹89.7K Cr 0.8% | ₹89.0K Cr 0.3% | ₹89.2K Cr 1.5% | ₹90.6K Cr |
Assets | ||||||||||
| Fixed Assets | ₹57.7K Cr 17.8% | ₹49.0K Cr 1.3% | ₹48.4K Cr 11.1% | ₹43.5K Cr 4.3% | ₹45.5K Cr 16.3% | ₹54.4K Cr 21.7% | ₹69.4K Cr 0.5% | ₹69.0K Cr 0.9% | ₹68.5K Cr 3.8% | ₹65.9K Cr |
| CWIP | ₹12.2K Cr 27.1% | ₹16.7K Cr 74.0% | ₹9.6K Cr 22.1% | ₹7.9K Cr 210.1% | ₹2.5K Cr 48.2% | ₹1.7K Cr 45.2% | ₹3.1K Cr 22.4% | ₹4.0K Cr 19.1% | ₹5.0K Cr 48.8% | ₹9.7K Cr |
| Investments | ₹1.8K Cr 18.4% | ₹2.2K Cr 168.7% | ₹819 Cr 9.7% | ₹907 Cr 93.0% | ₹470 Cr 59.3% | ₹1.2K Cr 538.7% | ₹181 Cr 20.7% | ₹150 Cr 2.7% | ₹146 Cr 60.3% | ₹368 Cr |
| Other Assets | ₹20.0K Cr 12.2% | ₹17.9K Cr 10.1% | ₹19.9K Cr 16.1% | ₹17.1K Cr 39.2% | ₹28.1K Cr 36.5% | ₹20.6K Cr 20.9% | ₹17.1K Cr 8.0% | ₹15.8K Cr 0.8% | ₹15.7K Cr 7.5% | ₹14.6K Cr |
| Total Assets | ₹91.7K Cr 7.0% | ₹85.8K Cr 9.0% | ₹78.7K Cr 13.3% | ₹69.4K Cr 9.4% | ₹76.6K Cr 1.5% | ₹77.8K Cr 13.3% | ₹89.7K Cr 0.8% | ₹89.0K Cr 0.3% | ₹89.2K Cr 1.5% | ₹90.6K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹10.8K Cr 80.2% | ₹6.0K Cr 18.2% | ₹7.3K Cr 54.2% | ₹16.0K Cr 34.2% | ₹12.0K Cr 35.7% | ₹8.8K Cr 2.4% | ₹9.0K Cr 16.9% | ₹7.7K Cr 12.8% | ₹6.8K Cr 58.1% | ₹4.3K Cr |
| Investing CF | ₹-12.3K Cr 47.7% | ₹-8.3K Cr 104.0% | ₹-4.1K Cr 75.5% | ₹-2.3K Cr 23.7% | ₹-1.9K Cr 27.6% | ₹-1.5K Cr 77.4% | ₹-832 Cr 41.9% | ₹-1.4K Cr 28.4% | ₹-2.0K Cr 11.7% | ₹-2.3K Cr |
| Financing CF | ₹809 Cr 41.4% | ₹1.4K Cr 155.2% | ₹-2.5K Cr 83.5% | ₹-15.1K Cr 227.8% | ₹-4.6K Cr 34.3% | ₹-7.0K Cr 15.1% | ₹-8.3K Cr 31.6% | ₹-6.3K Cr 22.9% | ₹-5.1K Cr 91.2% | ₹-2.7K Cr |
| Net Cash Flow | ₹-689 Cr 27.9% | ₹-955 Cr 226.2% | ₹757 Cr 154.0% | ₹-1.4K Cr 125.7% | ₹5.5K Cr 1597.2% | ₹322 Cr 580.6% | ₹-67 Cr 494.1% | ₹17 Cr 106.6% | ₹-256 Cr 57.4% | ₹-601 Cr |
| Free Cash Flow | ₹334 Cr 113.8% | ₹-2.4K Cr 355.9% | ₹945 Cr 92.8% | ₹13.2K Cr 18.4% | ₹11.1K Cr 52.2% | ₹7.3K Cr 6.8% | ₹7.8K Cr 28.4% | ₹6.1K Cr 35.7% | ₹4.5K Cr 836.7% | ₹480 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 10d 16.7% | 12d 71.4% | 7d 22.2% | 9d 70.0% | 30d 11.8% | 34d 41.7% | 24d 20.0% | 20d 31.0% | 29d 7.4% | 27d |
| Inventory Days | 87d 25.6% | 117d 34.5% | 87d 33.1% | 130d 33.7% | 196d 5.3% | 207d 41.8% | 146d 23.6% | 191d 3.2% | 185d 2.2% | 181d |
| Days Payable | 88d 12.8% | 78d 13.0% | 69d 26.6% | 94d 29.3% | 133d 26.5% | 181d 54.7% | 117d 27.8% | 162d 8.0% | 150d 16.3% | 129d |
| Cash Conv. Cycle | 8d 84.6% | 52d 116.7% | 24d 46.7% | 45d 51.1% | 92d 53.3% | 60d 13.2% | 53d 6.0% | 50d 21.9% | 64d 19.0% | 79d |
| Working Capital Days | -36d 71.4% | -21d 44.7% | -38d 3700.0% | -1d 98.5% | -65d 17.7% | -79d 36.2% | -58d 6.5% | -62d 56.0% | -141d 69.9% | -83d |
| ROCE | 11.0% 15.4% | 13.0% 7.1% | 14.0% 41.7% | 24.0% 41.2% | 17.0% 240.0% | 5.0% 25.0% | 4.0% 33.3% | 3.0% 200.0% | 1.0% 200.0% | -1.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About JINDAL STEEL LIMITED
Jindal Steel & Power Ltd is one of the India's leading steel producers with significant presence in sectors like steel and mining. The group has global presence through subsidiaries, mainly in Australia, Botswana, Indonesia, Mauritius, Mozambique, Madagascar, Namibia, South Africa, Tanzania and Zambia.[1]
Metals & MiningFerrous Metals