JINDALSTEL

Jindal Steel Ltd.

NSE: JINDALSTEL

BSE: 532286

Sector: Metals & Mining

Industry Group: Ferrous Metals

Industry: Iron & Steel

1,067.80+24.0 (+2.30%)

3 Jul, 9:29 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

49.8 / 100

Value Score

55.2 / 100

Price Momentum Score

75.2 / 100

QVM Score

67.8 / 100

Key Metrics

Market Cap

1,05,609 Cr

P/E (TTM)

31.36

P/B

2.07

P/S (TTM)

1.98

EV/EBITDA

12.54

CAPE (5Y)

22.62

ROE (TTM)

6.87

ROCE (TTM)

9.23

ROA (TTM)

3.67

Avg 3Y ROE

9.11

Earnings 3Y CAGR

2.35

Sales 3Y CAGR

0.32

Sales 5Y CAGR

6.42

Debt/Equity

0.44

Consensus TP

1321.50

Strong Buy %

23.33

Promoter Holding

62.69

Pledged %

10.91

Stock Analysis

Fundamental analysis overview of Jindal Steel Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 75.2 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

75.2 / 100

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.44 as on 31 Mar 2026 and Debt to Equity increased marginally by 0.05 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 5 financial years

What is Dividend streak?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 31.36 indicates that the stock is expensive on a standalone basis and is at a 63.16% premium to industry median P/E

What is P/E Ratio?

Median: 19.22

Value 31.36

3.18219.25

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -1.99% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Low but stable ROE

The company reported low ROE of 6.87% for 12-month ended 31 Mar 2026 and ROE improved marginally by 72 bps from 1 year ago

What is ROE (FY)?

Low revenue growth and in line with median growth of industry

The company delivered low revenue growth of 6.95% for 12-month ended 31 Mar 2026 and the growth was 0.59 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 7.54

Value 6.95

-13.3460.43

Low dividend yield

The company has a low dividend yield of 0.19%

What is Dividend yield?

Neutral

Moderate and stable operating margin

The company reported moderate operating margin of 12.19% for 12-month ended 31 Mar 2026 and operating margin declined marginally by -133 bps from 1 year ago

What is Operating profit margin?

Strong EPS growth but lower than median growth of industry

The company delivered strong EPS growth of 20.14% for 12-month ended 31 Mar 2026 but the growth was 14.64 percentage points lower than median growth ofindustry

What is EPS growth (1Y)?

Company's earnings are of moderate quality

Earnings quality score of 58.5 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

58.5 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Jindal Steel Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Jindal Steel Ltd. Shareholding Pattern

Quarterly breakdown of Jindal Steel Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Total Promoter	60.48	60.48	60.47	60.47	60.47	60.47	60.47	60.44	60.45	60.44	61.20	61.20	61.20	61.20	61.20	61.20	61.20	61.19	61.19	61.19	62.22	62.36	62.37	62.69	62.69
Indian Promoter	53.77	53.77	53.77	53.77	53.77	53.77	53.77	55.34	55.54	55.54	56.30	56.30	56.30	56.29	56.29	56.29	56.29	56.29	56.29	56.29	57.33	57.47	57.48	57.80	57.80
Foreign Promoter	6.70	6.70	6.70	6.70	6.70	6.70	6.70	5.10	4.91	4.90	4.90	4.90	4.90	4.90	4.90	4.90	4.90	4.90	4.89	4.89	4.89	4.89	4.89	4.89	4.89
Institutions	25.75	25.99	25.92	26.91	27.91	25.77	25.62	25.64	27.04	26.40	25.89	27.31	27.33	27.47	27.44	27.07	26.66	27.97	28.24	28.25	27.26	27.85	28.17	28.11	28.33
Mutual Funds / UTI	6.96	9.78	10.40	11.79	13.77	12.36	13.17	13.50	13.70	11.75	10.75	10.59	10.55	11.52	11.72	12.11	11.43	12.33	12.60	13.38	13.89	13.33	13.87	14.42	14.49
FI/Bank/Insurance	4.84	3.69	2.83	2.97	2.59	2.12	1.69	3.16	3.41	3.71	3.82	3.22	2.99	2.85	2.91	2.59	2.55	2.26	2.47	2.71	2.46	2.67	2.64	2.34	2.34
Govt	0.43	0.43	0.43	0.43	0.43	0.73	0.73	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	13.40	12.02	12.24	11.52	10.99	10.54	9.93	8.93	9.70	10.65	11.02	13.13	13.42	12.72	12.22	11.75	11.93	12.64	12.19	10.99	9.59	9.76	9.43	9.02	9.19
Other Institutions	0.12	0.07	0.02	0.20	0.13	0.02	0.11	0.05	0.23	0.29	0.30	0.36	0.36	0.37	0.59	0.63	0.75	0.75	0.98	1.17	1.32	2.09	2.23	2.34	2.31
Non-Institution	13.77	13.53	13.60	12.62	11.62	13.76	13.91	13.92	12.51	13.16	12.90	11.49	11.48	11.34	11.36	11.73	12.15	10.84	10.57	10.57	10.52	9.79	9.46	9.20	8.97
Bodies Corporate	3.34	2.86	2.87	2.67	2.24	3.39	3.40	3.36	3.06	2.58	2.51	1.96	2.04	2.10	1.99	2.16	2.15	1.98	1.74	1.75	1.66	1.60	1.58	1.54	1.52
Others (incl. Retail) No. of shareholders	10.43 1,70,778	10.67 1,81,810	10.73 1,95,881	9.95 1,73,372	9.38 1,74,951	10.37 2,68,764	10.51 3,03,383	10.56 2,98,530	9.45 2,54,732	10.58 3,00,349	10.39 2,70,906	9.53 2,34,983	9.44 2,34,008	9.24 2,29,359	9.37 2,36,320	9.57 2,48,989	10.00 2,58,117	8.86 2,78,379	8.83 2,85,795	8.82 2,96,114	8.86 3,03,140	8.19 3,00,039	7.88 2,88,108	7.66 2,79,922	7.45 2,69,170

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Iron & Steel	15.05%	1 / 10
2	SHI: Ferrous Metals	13.09%	3 / 16
3	Nifty Metal	5.07%	6 / 15
4	Nifty Next 50	1.84%	25 / 50
5	Nifty 100 Equal Weight	0.97%	50 / 100
6	Nifty 100	0.34%	74 / 100
7	Nifty 500	0.23%	97 / 499
8	Nifty Total Market	0.22%	98 / 749
9	NIFTY Large Midcap 250	0.16%	188 / 250

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Jindal Steel Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Gagan Infraenergy Limited Promoter Group	February-2026	Off Market (Disposal) 20th Feb 2026	4.87 %	₹ 1.83	4.97 cr	₹ 9.10 cr
Skyhigh Sustainable Limited Promoter Group	February-2026	Off Market (Acquisition) 20th Feb 2026	0.00 %	₹ 1.83	4.97 cr	₹ 9.10 cr
Gagan Infraenergy Limited Promoter Group	February-2026	Off Market (Disposal) 20th Feb 2026	4.87 %	₹ 1.83	4.97 cr	₹ 9.10 cr
JINDAL CEMENT INDUSTRIES PRIVATE LIMITED Promoter Group	December-2025	Market Purchase (Acquisition) 12th Dec 2025	0.30 %	₹ 1,007.96	2.43 lac	₹ 24.53 cr
JINDAL CEMENT INDUSTRIES PRIVATE LIMITED Promoter Group	December-2025	Market Purchase (Acquisition) 11th Dec 2025	0.24 %	₹ 989.95	10.50 k	₹ 1.04 cr
JINDAL CEMENT INDUSTRIES PRIVATE LIMITED Promoter Group	December-2025	Market Purchase (Acquisition) 11th Dec 2025	0.24 %	₹ 1,001.56	2.81 lac	₹ 28.10 cr
JINDAL CEMENT INDUSTRIES PRIVATE LIMITED Promoter Group	December-2025	Market Purchase (Acquisition) 11th Dec 2025	0.27 %	₹ 994.81	2.68 lac	₹ 26.65 cr
JINDAL CEMENT INDUSTRIES PRIVATE LIMITED Promoter Group	December-2025	Market Purchase (Acquisition) 8th Dec 2025	0.22 %	₹ 1,036.46	1.45 lac	₹ 14.99 cr
JINDAL CEMENT INDUSTRIES PRIVATE LIMITED Promoter Group	December-2025	Market Purchase (Acquisition) 8th Dec 2025	0.23 %	₹ 1,017.41	61.40 k	₹ 6.25 cr
JINDAL CEMENT INDUSTRIES PRIVATE LIMITED Promoter Group	December-2025	Market Purchase (Acquisition) 8th Dec 2025	0.24 %	₹ 1,005.63	41.79 k	₹ 4.20 cr

…

Corporate Actions

History of Jindal Steel Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 2/share
Record date: 22nd Aug 2025Ex-date: 22nd Aug 2025
Announced on: 30th Apr 2025
Dividend₹ 2/share
Record date: 22nd Aug 2024Ex-date: 22nd Aug 2024
Announced on: 13th May 2024
Dividend₹ 2/share
Record date: 18th Aug 2023Ex-date: 18th Aug 2023
Announced on: 16th May 2023
Dividend₹ 2/share
Record date: 21st Sep 2022Ex-date: 20th Sep 2022
Announced on: 30th May 2022
Dividend₹ 1/share
Record date: 19th Mar 2022Ex-date: 16th Mar 2022
Announced on: 7th Mar 2022

Company Profile

Overview of Jindal Steel Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Jindal Steel Limited is an India-based integrated steel producer. The Company produces high-quality steel products. Its integrated operations empower it to deliver high-quality steel products, tailored to the requirements of critical applications across sectors. The Company is engaged in the steel, ...

Key personnel

Mr. Gautam Malhotra

Chief Executive Officer

Mr. Sunil Kumar Agrawal

Interim Chief Financial Officer

Mr. Rahul Arora

Company Secretary and Compliance Officer

Mr. Vishal Chandak

Head - Investor Relations

Mr. Naveen JindalD

Non-Executive Chairman of the Board

Mr. Damodar MittalD

Whole-Time Director

Mr. Debojyoti RoyD

Whole-Time Director

Parimal RaiD

Additional Independent Director

View all

Incorporated on

28 Sep 1979

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

29 Sep 1999

Free Float

36,69,30,837

Website

https://www.jindalsteel.in/

Phone no.

+911126188340

Address

JINDAL CENTRE, 12 BHIKAJI CAMA PLACE, , 110066, India

Frequently Asked Questions

What is the current share price of Jindal Steel Ltd.?

The current share price of Jindal Steel Ltd. is ₹ 1,067.80 as of 3 Jul 2026.

What is the market capitalisation of Jindal Steel Ltd.?

The market capitalisation of Jindal Steel Ltd. stands at ₹ 1,05,609.00 Cr.

What is the PE ratio of Jindal Steel Ltd.?

The Price-to-Earnings (PE) ratio of Jindal Steel Ltd. is 31.36 as of the latest trailing twelve months data.

What is the ROE and ROCE of Jindal Steel Ltd.?

Jindal Steel Ltd. has a Return on Equity (ROE) of 6.87% and a Return on Capital Employed (ROCE) of 9.23% as per the latest financial reports.

What is the 52-week high and low of Jindal Steel Ltd.?

The 52-week high of Jindal Steel Ltd. is - and the 52-week low is -.

What is the dividend yield of Jindal Steel Ltd.?

The dividend yield of Jindal Steel Ltd. is 0.19% based on the current market price.

What is the FII and DII holding in Jindal Steel Ltd.?

Foreign Institutional Investors (FII) hold 9.19%, Domestic Institutional Investors (DII) hold 16.83% and retail/public investors hold 7.45% of Jindal Steel Ltd. shares.

What sector does Jindal Steel Ltd. belong to?

Jindal Steel Ltd. operates in the Metals & Mining sector. 66.67% of analysts have a Buy or Strong Buy rating on Jindal Steel Ltd. with a consensus target price of ₹ 1,321.50, implying 26.6% upside from current levels.

What is the beta of Jindal Steel Ltd.?

The beta of Jindal Steel Ltd. is 1.11, indicating its price volatility relative to the broader market. Over the past 1 year, Jindal Steel Ltd. has delivered an absolute return of 12.94%.

What is the RSI of Jindal Steel Ltd.?

The 14-day Relative Strength Index (RSI) of Jindal Steel Ltd. is 28.50, placing it in the oversold zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Jindal Steel Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Jindal Steel Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Company Profile

Holdings and Presence