Jindal Steel Ltd
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]
- Market Cap ₹ 1,28,118 Cr.
- Current Price ₹ 1,256
- High / Low ₹ 1,306 / 833
- Stock P/E 30.8
- Book Value ₹ 521
- Dividend Yield 0.16 %
- ROCE 10.7 %
- ROE 8.10 %
- Face Value ₹ 1.00
Pros
Cons
- The company has delivered a poor sales growth of 10.1% over past five years.
- Company has a low return on equity of 9.76% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Metals & Mining Ferrous Metals Iron & Steel
Part of BSE 500 BSE 200 BSE Dollex 200 Nifty Next 50 Nifty 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13,390 | 13,770 | 14,449 | 17,654 | 27,863 | 26,324 | 33,346 | 49,512 | 51,680 | 50,009 | 49,143 | 54,023 | |
| 9,643 | 11,329 | 11,539 | 13,680 | 21,846 | 20,537 | 20,277 | 34,431 | 42,143 | 39,764 | 40,181 | 45,555 | |
| Operating Profit | 3,747 | 2,441 | 2,910 | 3,974 | 6,018 | 5,787 | 13,069 | 15,080 | 9,538 | 10,245 | 8,963 | 8,468 |
| OPM % | 28% | 18% | 20% | 23% | 22% | 22% | 39% | 30% | 18% | 20% | 18% | 16% |
| -350 | 23 | 1 | -345 | -1,384 | -9 | 480 | -265 | -3,214 | 42 | -1,223 | -1,173 | |
| Interest | 2,251 | 2,646 | 2,324 | 2,391 | 2,896 | 2,611 | 2,187 | 1,415 | 1,286 | 921 | 620 | 773 |
| Depreciation | 1,786 | 2,148 | 2,044 | 1,910 | 2,307 | 2,287 | 2,243 | 2,232 | 2,166 | 2,216 | 2,272 | 2,383 |
| Profit before tax | -639 | -2,330 | -1,457 | -672 | -570 | 880 | 9,119 | 11,168 | 2,872 | 7,151 | 4,847 | 4,140 |
| Tax % | -51% | -39% | -32% | -46% | -54% | 30% | 22% | 26% | 16% | 26% | 25% | 26% |
| -311 | -1,419 | -986 | -362 | -263 | 618 | 7,154 | 8,283 | 2,427 | 5,273 | 3,621 | 3,074 | |
| EPS in Rs | -3.40 | -15.50 | -10.78 | -3.74 | -2.72 | 6.06 | 70.14 | 81.20 | 23.79 | 51.69 | 35.50 | 30.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 4% | 8% | 4% | 6% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 10% |
| 3 Years: | 1% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | -11% |
| 3 Years: | 15% |
| TTM: | -7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | 21% |
| 3 Years: | 29% |
| 1 Year: | 44% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 11% |
| 3 Years: | 10% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 91 | 91 | 92 | 97 | 97 | 102 | 102 | 101 | 100 | 100 | 101 | 102 |
| Reserves | 12,420 | 22,974 | 21,675 | 22,696 | 22,452 | 23,607 | 32,540 | 40,259 | 40,456 | 45,393 | 49,662 | 53,028 |
| 28,313 | 25,742 | 25,326 | 23,180 | 19,700 | 16,835 | 18,964 | 13,918 | 12,458 | 11,693 | 7,481 | 8,436 | |
| 5,346 | 11,789 | 13,002 | 14,104 | 15,424 | 18,331 | 17,525 | 20,884 | 14,015 | 14,830 | 16,245 | 19,294 | |
| Total Liabilities | 46,170 | 60,597 | 60,094 | 60,077 | 57,672 | 58,875 | 69,131 | 75,162 | 67,030 | 72,017 | 73,489 | 80,860 |
| 27,215 | 43,023 | 41,476 | 45,636 | 44,363 | 44,472 | 42,722 | 41,358 | 40,083 | 39,473 | 39,837 | 42,808 | |
| CWIP | 3,563 | 5,686 | 7,529 | 2,689 | 1,624 | 851 | 604 | 760 | 2,119 | 3,802 | 5,475 | 3,419 |
| Investments | 2,487 | 1,477 | 1,485 | 1,490 | 1,693 | 1,699 | 5,558 | 6,316 | 5,693 | 7,531 | 9,869 | 14,412 |
| 12,905 | 10,411 | 9,603 | 10,261 | 9,992 | 11,853 | 20,248 | 26,728 | 19,135 | 21,211 | 18,308 | 20,220 | |
| Total Assets | 46,170 | 60,597 | 60,094 | 60,077 | 57,672 | 58,875 | 69,131 | 75,162 | 67,030 | 72,017 | 73,489 | 80,860 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,449 | 4,422 | 4,064 | 4,860 | 6,988 | 7,061 | 9,760 | 14,185 | 6,351 | 6,909 | 11,211 | 6,810 | |
| -3,147 | 862 | -1,111 | -870 | -1,347 | -1,366 | -3,507 | -9,407 | -3,778 | -5,081 | -7,315 | -7,749 | |
| 1,236 | -5,231 | -3,138 | -4,027 | -5,676 | -5,380 | -1,082 | -7,428 | -1,850 | -2,544 | -4,734 | 36 | |
| Net Cash Flow | -462 | 53 | -185 | -37 | -35 | 314 | 5,171 | -2,649 | 723 | -716 | -837 | -904 |
| Free Cash Flow | -862 | 4,106 | 2,589 | 3,911 | 6,284 | 6,400 | 9,004 | 12,905 | 3,923 | 3,466 | 7,046 | 3,801 |
| CFO/OP | 45% | 182% | 140% | 123% | 115% | 121% | 75% | 107% | 94% | 72% | 141% | 96% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 36 | 22 | 20 | 16 | 12 | 13 | 21 | 9 | 8 | 16 | 10 | 9 |
| Inventory Days | 302 | 159 | 125 | 165 | 110 | 125 | 160 | 128 | 82 | 92 | 68 | 72 |
| Days Payable | 117 | 127 | 157 | 180 | 107 | 148 | 133 | 96 | 67 | 66 | 73 | 92 |
| Cash Conversion Cycle | 221 | 54 | -12 | 1 | 15 | -10 | 49 | 41 | 23 | 42 | 5 | -10 |
| Working Capital Days | -80 | -192 | -143 | -124 | -90 | -63 | -29 | -10 | -40 | -22 | -32 | -12 |
| ROCE % | 6% | 1% | 2% | 4% | 8% | 8% | 25% | 24% | 14% | 15% | 12% | 11% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Crude Steel Production (Consolidated) Million Tonnes (MT) |
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| Installed Crude Steel Capacity MTPA |
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| Steel Sales Volume (Consolidated) Million Tonnes (MT) |
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| Power Generation Million Units (MU) |
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| Number of Dealers Count |
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| Value Added Sales Share % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2 May - Newspaper clippings of the published financial results
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AUDIO RECORDING OF EARNINGS CALL HELD ON MAY 2, 2026
2 May - Audio recording of earnings call held on May 2, 2026 uploaded on company website.
- Announcement under Regulation 30 (LODR)-Investor Presentation 2 May
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Announcement under Regulation 30 (LODR)-Dividend Updates
1 May - Board approved FY26 audited results and recommended 200% final dividend of Rs 2 per share.
- OUTCOME OF BOARD MEETING HELD ON MAY 1, 2026 1 May
Annual reports
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Financial Year 2013
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Financial Year 2012
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Concalls
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Product Portfolio
The company offers a range of steel products including plates & coils, wire rod & TMT rebar, track rails, structural steel products such as beams and columns, channels, angles, etc. [1]