Jindal Steel Ltd

Jindal Steel Ltd

₹ 1,261 0.05%
06 May 10:44 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 1,28,603 Cr.
  • Current Price 1,261
  • High / Low 1,306 / 833
  • Stock P/E 31.9
  • Book Value 499
  • Dividend Yield 0.16 %
  • ROCE 9.70 %
  • ROE 8.22 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 2.53 times its book value
  • The company has delivered a poor sales growth of 9.01% over past five years.
  • Company has a low return on equity of 9.84% over last 3 years.
  • Dividend payout has been low at 5.54% of profits 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

Consolidated Figures in Rs. Crores / View Standalone

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
13,692 12,588 12,250 11,701 13,487 13,618 11,213 11,751 13,183 12,294 11,686 13,027 16,218
11,505 9,960 9,965 8,859 11,042 10,779 9,013 9,567 10,922 9,289 9,605 11,398 13,289
Operating Profit 2,187 2,628 2,285 2,843 2,444 2,839 2,200 2,184 2,262 3,006 2,081 1,629 2,929
OPM % 16% 21% 19% 24% 18% 21% 20% 19% 17% 24% 18% 13% 18%
-138 55 32 35 35 34 35 26 -1,158 30 22 -45 -550
Interest 371 329 329 315 321 332 326 313 342 297 371 406 442
Depreciation 873 588 604 636 995 683 696 698 691 722 750 839 862
Profit before tax 805 1,767 1,384 1,927 1,164 1,859 1,213 1,199 72 2,018 982 339 1,074
Tax % 42% 4% -0% -0% 20% 28% 29% 21% 523% 26% 35% 44% 3%
466 1,692 1,390 1,928 933 1,338 860 951 -304 1,496 635 189 1,041
EPS in Rs 4.53 16.54 13.60 18.90 9.17 13.14 8.44 9.32 -3.33 14.65 6.26 1.87 10.24
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
19,359 19,469 21,603 33,286 46,966 37,923 34,579 51,166 53,212 50,354 50,129 53,225
13,919 16,032 16,894 26,817 38,553 31,092 21,472 35,650 43,270 40,153 40,640 43,581
Operating Profit 5,440 3,437 4,709 6,469 8,412 6,831 13,107 15,515 9,942 10,202 9,488 9,644
OPM % 28% 18% 22% 19% 18% 18% 38% 30% 19% 20% 19% 18%
-1,644 -79 -362 -584 -1,470 74 -1,861 -1,840 -539 156 -1,065 -543
Interest 2,606 3,254 3,441 3,866 4,264 3,768 2,753 1,888 1,446 1,294 1,312 1,517
Depreciation 2,733 4,068 3,949 3,883 5,480 3,429 2,414 2,097 2,691 2,822 2,768 3,171
Profit before tax -1,543 -3,964 -3,043 -1,864 -2,802 -291 6,078 9,690 5,266 6,241 4,344 4,413
Tax % -6% -22% -17% -13% -14% 37% 30% 30% 25% 5% 34% 24%
-1,452 -3,087 -2,538 -1,616 -2,412 -400 4,267 6,766 3,974 5,943 2,846 3,361
EPS in Rs -13.97 -32.42 -24.93 -14.56 -17.00 -1.07 35.62 56.40 31.11 58.21 27.57 33.01
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 5% 6% 3% 7% 6%
Compounded Sales Growth
10 Years: 11%
5 Years: 9%
3 Years: 0%
TTM: 6%
Compounded Profit Growth
10 Years: 13%
5 Years: 1%
3 Years: 1%
TTM: 15%
Stock Price CAGR
10 Years: 35%
5 Years: 21%
3 Years: 29%
1 Year: 44%
Return on Equity
10 Years: 6%
5 Years: 11%
3 Years: 10%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 20,951 32,345 29,959 30,288 31,988 32,035 31,713 35,524 38,606 44,216 47,084 50,797
42,466 46,797 45,850 42,962 39,559 36,824 29,910 13,502 13,046 16,472 18,406 22,610
12,028 13,166 14,674 15,884 17,357 20,780 16,116 27,517 17,674 17,888 20,175 24,253
Total Liabilities 75,537 92,398 90,575 89,230 89,001 89,742 77,840 76,644 69,427 78,676 85,766 97,762
46,643 65,038 65,932 68,450 69,039 69,382 54,350 45,488 43,542 48,384 48,989 65,209
CWIP 9,068 11,827 9,716 4,978 4,027 3,126 1,712 2,538 7,870 9,611 16,725 7,265
Investments 1,785 392 368 146 150 181 1,156 470 907 819 2,201 3,168
18,040 15,142 14,559 15,657 15,784 17,054 20,624 28,147 17,108 19,862 17,851 22,120
Total Assets 75,537 92,398 90,575 89,230 89,001 89,742 77,840 76,644 69,427 78,676 85,766 97,762

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,182 4,333 6,850 7,724 9,027 8,814 11,961 16,048 7,347 6,008 10,824 7,204
-6,717 -2,262 -1,998 -1,431 -832 -1,476 -1,884 -2,331 -4,090 -8,344 -12,323 -10,734
5,708 -2,672 -5,108 -6,276 -8,261 -7,016 -4,612 -15,120 -2,500 1,381 809 2,803
Net Cash Flow 173 -601 -256 17 -67 322 5,465 -1,403 757 -955 -689 -727
Free Cash Flow -3,868 480 4,496 6,103 7,837 7,308 11,124 13,176 945 -2,418 334 -2,343
CFO/OP 28% 127% 144% 120% 107% 128% 91% 116% 101% 66% 130% 89%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 32 27 29 20 24 34 30 9 7 12 10 12
Inventory Days 323 181 185 191 146 207 196 130 87 117 87 115
Days Payable 137 129 150 162 117 181 133 94 69 78 88 126
Cash Conversion Cycle 218 79 64 50 53 60 92 45 24 52 8 1
Working Capital Days 87 -83 -141 -62 -58 -79 -65 -1 -38 -21 -35 3
ROCE % 5% -1% 1% 3% 4% 5% 17% 24% 14% 13% 11% 10%

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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