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Jindal Steel Overview

Jindal Steel and Power Ltd (JSPL) is an India-based steel producer organisation. The Company's segments comprises Iron & Steel, Power and Other. The Iron and metal products section accommodates of producing of Steel products, sponge iron, pellets and castings. The Power section incorporates of enterprise of power generation. The Others section comprises particularly aviation, machinery division and property. The Company's merchandise portfolio consists of rails, parallel flange beams and columns, plates and coils, angles and channels, wire rods...Read More

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Jindal Steel Key Financials

Market Cap ₹121105 Cr.

Stock P/E 42.6

P/B 2.4

Current Price ₹1187.2

Book Value ₹ 486.7

Face Value 1

52W High ₹1270

Dividend Yield 0.17%

52W Low ₹ 770

Jindal Steel Share Price

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Volume
Price

Jindal Steel Quarterly Price

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Jindal Steel Peer Comparison

Jindal Steel Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 12250 11701 13487 13618 11213 11751 13183 12294 11686 13027
Other Income 32 35 34 34 35 26 72 30 22 10
Total Income 12282 11736 13521 13652 11248 11777 13255 12325 11708 13036
Total Expenditure 9964 8859 11042 10779 9013 9567 10912 9289 9605 11393
Operating Profit 2318 2878 2479 2874 2235 2210 2343 3036 2103 1643
Interest 329 315 321 332 326 313 342 297 371 406
Depreciation 604 636 995 683 696 698 691 722 750 839
Exceptional Income / Expenses 0 0 0 0 0 0 -1229 0 0 -55
Profit Before Tax 1385 1927 1163 1859 1213 1199 81 2018 982 344
Provision for Tax -6 -1 230 521 353 249 375 522 347 150
Profit After Tax 1390 1928 933 1338 860 951 -294 1496 635 193
Adjustments -3 0 2 2 0 -0 -45 -2 3 -3
Profit After Adjustments 1388 1928 935 1340 861 950 -339 1494 638 190
Adjusted Earnings Per Share 13.8 19.2 9.3 13.2 8.5 9.4 -3.4 14.7 6.3 1.9

Jindal Steel Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 19359 18371 21051 27383 39372 30465 38989 51086 52711 50027 49765 50190
Other Income 536 451 311 197 172 84 754 401 381 404 553 134
Total Income 19895 18822 21362 27580 39544 30549 39743 51487 53093 50431 50318 50324
Total Expenditure 13919 14977 16341 20914 31018 23650 24648 35804 42930 39872 40437 41199
Operating Profit 5977 3846 5020 6666 8525 6899 15094 15683 10162 10559 9880 9125
Interest 2875 3506 3742 4060 4368 3826 3204 2006 1616 1496 1531 1416
Depreciation 2733 4068 3949 3883 5480 3429 3453 2097 2691 2822 2768 3002
Exceptional Income / Expenses -1912 -236 -372 -587 -1478 -109 -1141 -1646 -1369 0 -1229 -1284
Profit Before Tax -1543 -3964 -3043 -1864 -2802 -465 7296 9933 4485 6241 4344 3425
Provision for Tax -88 -877 -503 -240 -390 108 1769 1648 1292 298 1498 1394
Profit After Tax -1455 -3086 -2540 -1624 -2412 -574 5527 8285 3193 5943 2846 2030
Adjustments 176 120 259 215 766 465 -1893 -2047 -19 -5 -34 -47
Profit After Adjustments -1278 -2966 -2281 -1409 -1645 -109 3634 6238 3174 5938 2812 1983
Adjusted Earnings Per Share -14 -32.4 -24.9 -14.6 -17 -1.1 35.6 61.7 31.6 59.2 27.8 19.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -1% -1% 10% 10%
Operating Profit CAGR -6% -14% 7% 5%
PAT CAGR -52% -30% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 31% 27% 30% 34%
ROE Average 6% 10% 14% 3%
ROCE Average 9% 12% 15% 8%

Jindal Steel Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 21042 32436 30051 30385 32085 32137 31815 35625 38707 44316 47185
Minority's Interest 857 900 647 440 -526 -776 -878 1471 313 435 234
Borrowings 35614 36354 32598 32956 29940 27897 20230 8434 7208 10058 14005
Other Non-Current Liabilities 2392 6162 6430 5997 6115 7242 7394 8412 7702 7857 7826
Total Current Liabilities 15632 20092 24395 22909 24356 26171 19591 18179 20810 21656 23806
Total Liabilities 75537 95943 94121 92687 91970 92670 78152 79270 74738 84322 93056
Fixed Assets 46643 65039 65900 68444 69034 69382 54350 45488 43542 48384 48989
Other Non-Current Assets 12938 14628 11653 6473 5657 4369 3172 4547 10409 12544 19231
Total Current Assets 15956 16277 16398 17519 16995 18670 20574 18021 20770 23379 24824
Total Assets 75537 95943 94121 92687 91970 92670 78152 79270 74738 84322 93056

Jindal Steel Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 940 1103 502 246 264 178 500 5965 3505 4261 3306
Cash Flow from Operating Activities 1182 4333 6850 7724 9027 8814 11961 16048 7347 6008 10824
Cash Flow from Investing Activities -6717 -2262 -1999 -1431 -832 -1476 -1884 -2331 -4090 -8344 -12323
Cash Flow from Financing Activities 5708 -2672 -5108 -6276 -8261 -7016 -4612 -15120 -2500 1381 809
Net Cash Inflow / Outflow 173 -601 -257 17 -67 322 5465 -1403 757 -955 -689
Closing Cash & Cash Equivalent 1113 502 246 264 197 500 5965 4562 4261 3306 2617

Jindal Steel Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -13.97 -32.42 -24.93 -14.56 -17 -1.07 35.62 61.72 31.58 59.24 27.79
CEPS(Rs) 13.97 10.73 15.4 23.34 31.71 27.99 88.04 102.72 58.55 87.44 55.48
DPS(Rs) 0 0 0 0 0 0 0 3 2 2 2
Book NAV/Share(Rs) 229.74 354.35 328.23 313.7 331.01 315.06 311.91 352.48 385.14 440.5 464.77
Core EBITDA Margin(%) 20.24 12.66 16.06 19.42 16.37 16.3 26.9 20.12 11.91 17.45 16.03
EBIT Margin(%) 4.96 -1.71 2.38 6.59 3.07 8.04 19.7 15.72 7.43 13.3 10.09
Pre Tax Margin(%) -5.74 -14.78 -10.38 -5.6 -5.49 -1.11 13.69 13.08 5.46 10.73 7.46
PAT Margin (%) -5.41 -11.51 -8.66 -4.88 -4.73 -1.37 10.37 10.91 3.89 10.21 4.89
Cash Profit Margin (%) 4.76 3.66 4.8 6.78 6.01 6.83 16.85 13.67 7.16 15.06 9.64
ROA(%) -2.01 -3.6 -2.67 -1.74 -2.61 -0.62 6.47 10.53 4.15 7.47 3.21
ROE(%) -6.68 -11.55 -8.13 -5.38 -7.73 -1.79 17.28 24.57 8.59 14.35 6.24
ROCE(%) 2.12 -0.63 0.9 2.94 2.16 4.78 16.14 21.79 12.25 13.92 9.4
Receivable days 23.51 21.24 19.58 19.41 17.36 28.71 21.72 9.75 4.97 8.28 9.49
Inventory Days 66.06 55.15 42.65 46.9 41.02 56.21 42.15 31.78 29.26 40.66 39.79
Payable days 115.47 86.7 91.77 95.48 90.45 175.31 163.5 82.7 53.34 34.81 37.17
PER(x) 0 0 0 0 0 0 9.65 8.64 17.29 14.34 32.82
Price/Book(x) 0.68 0.17 0.37 0.7 0.54 0.26 1.1 1.51 1.42 1.93 1.96
Dividend Yield(%) 0 0 0 0 0 0 0 0.56 0.37 0.24 0.22
EV/Net Sales(x) 3.04 2.81 2.68 2.33 1.44 1.45 1.49 1.23 1.19 1.94 2.13
EV/Core EBITDA(x) 9.86 13.44 11.24 9.56 6.63 6.42 3.86 4.02 6.16 9.19 10.72
Net Sales Growth(%) 0.38 -5.1 14.58 30.08 43.78 -22.62 27.98 31.03 3.18 -5.09 -0.52
EBIT Growth(%) -69.15 -134.38 252.63 214.05 -28.65 114.52 212.46 13.71 -48.89 26.79 -24.08
PAT Growth(%) -176.81 -112.17 17.69 36.06 -48.47 76.21 1063.4 49.9 -61.46 86.12 -52.12
EPS Growth(%) -166.91 -132.08 23.1 41.61 -16.76 93.7 3428.33 73.26 -48.83 87.58 -53.09
Debt/Equity(x) 2.18 1.44 1.53 1.42 1.23 1.15 0.92 0.36 0.32 0.36 0.38
Current Ratio(x) 1.02 0.81 0.67 0.76 0.7 0.71 1.05 0.99 1 1.08 1.04
Quick Ratio(x) 0.71 0.65 0.52 0.55 0.43 0.47 0.75 0.59 0.72 0.76 0.81
Interest Cover(x) 0.46 -0.13 0.19 0.54 0.36 0.88 3.28 5.95 3.77 5.17 3.84
Total Debt/Mcap(x) 3.19 8.52 4.14 2.02 2.28 4.39 0.84 0.24 0.22 0.18 0.19

Jindal Steel Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 61.2 61.2 61.2 61.19 61.19 61.19 62.22 62.36 62.37 62.69
FII 12.23 11.75 11.93 12.63 12.19 10.99 9.59 9.76 9.43 9.02
DII 15.22 15.32 14.73 15.34 16.05 17.26 17.67 18.09 18.74 19.09
Public 11.36 11.73 12.15 10.84 10.57 10.57 10.53 9.79 9.47 9.2
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Jindal Steel News

Jindal Steel Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 10% over the last 3 years.
  • Debtor days have increased from 34.81 to 37.17days.
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