Jindal Steel Ltd

Jindal Steel Ltd

₹ 1,256 -0.33%
06 May 11:17 a.m.
About

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]

Key Points

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]

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
13,392 12,311 12,082 11,516 13,773 12,843 11,504 11,436 13,035 12,420 12,109 13,559 15,935
11,252 9,657 9,770 8,797 11,254 10,144 9,564 9,275 10,897 9,564 10,149 11,909 13,932
Operating Profit 2,140 2,653 2,312 2,719 2,519 2,699 1,940 2,161 2,139 2,856 1,959 1,650 2,003
OPM % 16% 22% 19% 24% 18% 21% 17% 19% 16% 23% 16% 12% 13%
-136 14 26 30 15 23 25 16 -1,263 16 10 -47 -1,153
Interest 365 258 258 195 210 183 167 133 137 97 133 102 441
Depreciation 538 540 555 559 563 564 573 571 564 578 593 605 606
Profit before tax 1,102 1,870 1,526 1,994 1,762 1,975 1,224 1,473 175 2,197 1,244 896 -197
Tax % 28% 25% 27% 26% 27% 26% 27% 21% 38% 26% 26% 25% -27%
789 1,400 1,109 1,484 1,282 1,457 894 1,163 108 1,624 921 673 -143
EPS in Rs 7.74 13.72 10.87 14.54 12.56 14.28 8.77 11.40 1.05 15.92 9.03 6.59 -1.41
Raw PDF

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
Steel Sales Volume (Consolidated)
Million Tonnes (MT)
Power Generation
Million Units (MU)
Number of Dealers
Count
Value Added Sales Share
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
61.21% 61.21% 61.21% 61.21% 61.19% 61.19% 61.19% 62.22% 62.36% 62.38% 62.71% 62.71%
12.71% 12.23% 11.75% 11.93% 12.64% 12.19% 10.99% 9.59% 9.76% 9.43% 9.02% 9.19%
14.74% 15.22% 15.33% 14.73% 15.34% 16.05% 17.26% 17.72% 18.09% 18.74% 19.10% 19.14%
9.86% 9.88% 9.99% 10.41% 10.01% 9.75% 9.75% 9.65% 9.54% 9.20% 8.93% 8.73%
1.48% 1.48% 1.73% 1.73% 0.81% 0.81% 0.81% 0.81% 0.25% 0.25% 0.25% 0.25%
No. of Shareholders 2,30,7742,38,0542,50,7322,59,9912,80,5332,87,9022,98,2583,05,2853,02,1902,90,3862,82,0862,71,333

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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