Jindal Steel & Power

    JINDALSTEL
    Metals
    ₹1120.50
    price as of 11/9/2026, 5:27:59 pm

    Market cap ₹1.14 L Cr

    P/E
    41.93
    Day range
    ₹1,058.00 – ₹1,122.00
    52-week range
    ₹977.10 – ₹1,306.20
    Volume
    5.50 L
    Open
    ₹1,111.00
    Prev close
    ₹1,137.00
    52-week range, adjusted for splits and bonuses
    ₹977.1₹1,306.2
    9 Dec 202521 Apr 2026
    Index membership & F&O
    NIFTY NEXT 50NIFTY 100NIFTY 200NIFTY 500NIFTY METALF&O lot 625

    Price history

    6M change -5.60%RSI (14) 46.6 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 25.5% today vs 43.5% average · BSE close ₹1,118.3

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹1,020₹1,105₹1,190₹1,275₹1,3600%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Long unwinding
    Near-month future
    ₹1,119.9
    Change
    -1.59%
    Basis over spot
    −₹0.58
    Futures OI (shares)
    1.35 Cr
    OI change
    -5.31%
    Put-call ratio
    0.99
    Max pain
    ₹1,160
    Resistance (call OI)
    ₹1,180
    Support (put OI)
    ₹1,140
    Lot size
    625

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    98010201060110011401180122012601300136002.5 L5.0 L7.5 L10.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    42.5
    EPS (TTM)
    ₹26.58
    ROE (FY26)
    6.9%
    ROCE (latest year)
    10%
    Dividend yield
    0.18%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +0.2%
    Profit 3Y CAGR
    -5.4%
    Revenue YoY (Jun 2026)
    +25.9%
    Profit YoY (Jun 2026)
    -43.6%
    Operating margin
    17.0%
    Net margin
    5.5%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 2026-5.5K Cr0 Cr5.5K Cr11.0K Cr16.5K Cr0%6%12%18%24%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • FII
    • Public
    • Others

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-17.0KCr-8.5K Cr0 Cr8.5K Cr17.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26-9%0%9%18%27%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr15.0K Cr30.0K Cr45.0K Cr60.0K Cr0.0x0.4x0.8x1.2x1.6x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales12,25011,70113,48713,61811,21311,75113,18312,29411,68613,02716,21815,482
    Expenses9,9658,85911,04210,7799,0139,56710,9229,2899,60511,39813,28912,822
    Operating Profit2,2852,8432,4442,8392,2002,1842,2623,0062,0811,6292,9292,660
    OPM %19%24%18%21%20%19%17%24%18%13%18%17%
    Other Income323535343526-1,1583022-45-55019
    Interest329315321332326313342297371406442548
    Depreciation604636995683696698691722750839862926
    Profit before tax1,3841,9271,1641,8591,2131,199722,0189823391,0741,205
    Tax %0%0%20%28%29%21%523%26%35%44%3%30%
    Net Profit1,3901,9289331,338860951-3041,4966351891,041844
    EPS in Rs₹13.60₹18.90₹9.17₹13.14₹8.44₹9.32₹-3.33₹14.65₹6.26₹1.87₹10.24₹8.28

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    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]

    Strengths

    None flagged by the checklist.

    Risks

    • The company has delivered a poor sales growth of 9.10% 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

    Compounded Sales Growth

    10 Years
    +11%
    5 Years
    +9%
    3 Years
    0%
    TTM
    +16%

    Compounded Profit Growth

    10 Years
    +13%
    5 Years
    +1%
    3 Years
    +1%
    TTM
    -19%

    Stock Price CAGR

    10 Years
    +30%
    5 Years
    +23%
    3 Years
    +18%
    1 Year
    +8%

    Return on Equity

    10 Years
    +6%
    5 Years
    +11%
    3 Years
    +10%
    Last Year
    +8%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter62.38%62.71%62.71%62.71%0.00 pp
    FII9.43%9.02%9.19%8.84%-0.35 pp
    DII18.74%19.10%19.14%19.52%+0.38 pp
    Public9.20%8.93%8.73%8.73%0.00 pp
    Others0.25%0.25%0.25%0.22%-0.03 pp

    Filed with NSE for Jun 2026: promoters 62.69%, public 37.09% · XBRL filing

    Analysts & fund holdings

    79%
    79% recommend buy
    28 analysts cover the stock
    Valuation vs Metals & Mining
    P/E41.9 vs 24.9
    Sector P/B3.12
    Beta1.17

    Who holds the shares, quarter by quarter

    Mutual funds 15.17% (+0.68 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters62.7%
    • Foreign institutions8.8%
    • Mutual funds15.2%
    • Insurance2.4%
    • Other domestic institutions1.9%
    • Retail5.3%
    • Others3.6%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Kotak Flexi Cap Fund1.82%3.73%-0.51 pp
    HDFC Mid Cap Fund1.53%1.62%+0.07 pp
    ICICI Pru Large & Mid Cap Fund0.76%2.61%+0.83 pp
    SBI Aggressive Hybrid Fund0.73%0.94%+0.07 pp
    SBI Large & Midcap Fund0.68%1.83%-0.02 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      21 Aug 2026
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      22 Aug 2025
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      22 Aug 2024
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Sh

      18 Aug 2023
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      20 Sept 2022
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      16 Mar 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      23 Sept 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      23 Sept 2020
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      19 Sept 2019
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      19 Sept 2018
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      11 Sept 2017
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      15 Jul 2016
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      7 Sept 2015
      ex-date
    • dividend
      ₹1.50

      Annual General Meeting/Dividend Rs 1.50/- Per Share

      11 Jul 2014
      ex-date
    • dividend
      ₹1.60

      Annual General Meeting And Dividend Rs.1.60 Per Share

      13 Sept 2013
      ex-date
    • dividend
      ₹1.60

      Annual General Meeting And Dividend Rs.1.60 Per Share

      10 Sept 2012
      ex-date
    • dividend
      ₹1.50

      Dividend-Rs.1.50 Per Share

      12 Sept 2011
      ex-date
    • dividend
      ₹1.25

      Dividend-Rs.1.25 Per Share

      13 Sept 2010
      ex-date
    • other
      Not available — not reported in this filing

      Div-Rs.5.50 Pr Sh/Bon 5:1purpose Revised

      14 Sept 2009
      ex-date
    • dividend
      Not available — not reported in this filing

      Agm/Dividend - 250%

      12 Sept 2008
      ex-date
    • other
      Not available — not reported in this filing

      Int Div -Rs.1.50/- Per Sh

      27 Feb 2008
      ex-date

    Insider trades

    Last 12 months, market trades
    Net buying ₹346 Cr
    21 buys · ₹355 Cr
    3 sells · ₹9.2 Cr
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Gagan Infraenergy Limited
    Promoter Group · Off Market
    		Sell4,97,09,952₹9.1 Cr20 Feb 2026
    Skyhigh Sustainable Limited
    Promoter Group · Off Market
    		Buy4,97,09,952₹9.1 Cr20 Feb 2026
    JINDAL CEMENT INDUSTRIES PRIVATE LIMITED
    Promoter Group · Market Purchase
    		Buy2,43,346₹24.5 Cr12 Dec 2025
    JINDAL CEMENT INDUSTRIES PRIVATE LIMITED
    Promoter Group · Market Purchase
    		Buy2,67,899₹26.7 Cr11 Dec 2025
    JINDAL CEMENT INDUSTRIES PRIVATE LIMITED
    Promoter Group · Market Purchase
    		Buy2,80,563₹28.1 Cr11 Dec 2025
    JINDAL CEMENT INDUSTRIES PRIVATE LIMITED
    Promoter Group · Market Purchase
    		Buy10,500₹1.0 Cr11 Dec 2025
    JINDAL CEMENT INDUSTRIES PRIVATE LIMITED
    Promoter Group · Market Purchase
    		Buy41,787₹4.2 Cr8 Dec 2025
    JINDAL CEMENT INDUSTRIES PRIVATE LIMITED
    Promoter Group · Market Purchase
    		Buy1,44,611₹15.0 Cr8 Dec 2025
    JINDAL CEMENT INDUSTRIES PRIVATE LIMITED
    Promoter Group · Market Purchase
    		Buy61,399₹6.2 Cr8 Dec 2025
    JINDAL CEMENT INDUSTRIES PRIVATE LIMITED
    Promoter Group · Market Purchase
    		Buy1,34,263₹13.9 Cr3 Dec 2025
    JINDAL CEMENT INDUSTRIES PRIVATE LIMITED
    Promoter Group · Market Purchase
    		Buy1,18,448₹12.3 Cr3 Dec 2025
    JINDAL CEMENT INDUSTRIES PRIVATE LIMITED
    Promoter Group · Market Purchase
    		Buy91,212₹9.3 Cr27 Nov 2025

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Company announcements

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    OUTCOME OF THE 47TH ANNUAL GENERAL MEETING OF THE COMPANY HELD ON AUGUST 28, 2026 AND VOTING RESULTS

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    OUTCOME OF THE 47TH ANNUAL GENERAL MEETING OF THE COMPANY HELD ON AUGUST 28, 2026 AND VOTING RESULTS

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of Analyst / Institutional Investor Meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of Analyst / Institutional Investor Meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of Analyst / Institutional Investor Meeting under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of Analyst / Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Newspaper Publication

    Company Update
    Tax Transparency Report For The Financial Year 2025-26

    Tax Transparency Report for the financial year 2025-26

    Corp. Action
    Intimation Of Record Date Pursuant To Regulation 42 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Intimation of Record Date pursuant to regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    Submission of Business Responsibility and Sustainability Report for the financial year 2025-26

    AGM/EGMPrice-sensitive
    Submission Of The Integrated Report For The Financial Year 2025-26 And Notice Of The 47Th Annual General Meeting

    Submission of the Integrated Report for the financial year 2025-26 and Notice of the 47th Annual General Meeting

    Others
    Reg. 34 (1) Annual Report.

    Submission of the Integrated Report for the Financial Year 2025-26 and Notice of the 47th Annual General Meeting

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Newspaper Advertisement

    Company Update
    TRANSCRIPT OF EARNINGS CONFERENCE CALL HELD ON JULY 25, 2026

    Transcript of Earnings Conference Call held on July 25, 2026

    Company Update
    Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

    Filed with BSE (scrip 532286); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Buyback - Public Advertisement

      Jindal Steel & Power Limited - Public Advertisement

      24 Feb 2014
      Read on SEBI
    • Buyback - Public Announcement

      Jindal Steel & Power Limited - Public Announcement

      10 Sept 2013
      Read on SEBI

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 31 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.