Jindal Steel & Power

    JINDALSTEL
    Metals
    ₹1,015.90
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹1.03 L Cr

    P/E
    36.22
    Day range
    ₹1,004.90 – ₹1,034.00
    52-week range
    ₹977.10 – ₹1,306.20
    Volume
    7.10 L
    Open
    ₹1,034.00
    Prev close
    ₹1,037.00

    Latest results · Q2 FY27(consolidated)Revenue ₹16,679 Cr+42.7%Profit ₹771 Cr+21.3%Margin 4.6%YoY vs the same quarter last year

    2 red flags to read up on

    • medium

      Promoter pledge went up

      10.11% of promoter shares pledged, up from 9.92% · 30 Sept 2026

    • medium

      Promoters selling in the market

      Promoter group sold a net ₹1.6 Cr on the open market in 90 days · 3 Sept 2026

    From NSE and BSE filings. A flag is a reason to read the filing, not a rating.

    JINDALSTEL in NSE indices and F&O

    F&O margin for one lot of JINDALSTEL (625 shares)

    Research profile

    Composite 52 / 100

    Factor percentiles

    Value47
    Quality40
    Momentum51
    Low volatility71

    Derived metrics

    Earn. yield
    2.8%
    Graham no.
    ₹604.40
    vs Graham
    -40.5%
    ROE ÷ P/B
    3.5%
    12-1 mom.
    +14.6%
    Return / vol
    0.07
    Magic Formula
    #487
    Piotroski
    5/6
    FCF yield
    -2.3%

    Appears in 9 scans

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 27 in Metals
    Largest Metals companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    JSW SteelJSWSTEEL₹2.89 L Cr10.192.5628.4%11.0%19.0%0.62+20.7%
    Hindustan ZincHINDZINC₹2.10 L Cr10.067.3176.9%70.0%61.0%0.22+76.5%
    Tata SteelTATASTEEL₹2.09 L Cr18.952.0511.3%13.0%15.0%0.90+14.3%
    Hindalco IndustriesHINDALCO₹1.95 L Cr11.801.4610.3%13.0%16.0%0.73+32.1%
    Vedanta Aluminium MetalVAML₹1.34 L Cr34.68———48.0%——
    Jindal Steel & PowerJINDALSTEL₹1.03 L Cr36.221.986.9%10.0%15.0%0.43+42.7%
    Lloyds Metals And EnergyLLOYDSME₹1.00 L Cr20.897.2437.7%27.0%38.0%1.49+208.5%
    VedantaVEDL₹88,444 Cr9.531.7855.2%16.0%35.0%0.66+53.6%
    Sector median₹38,589 Cr16.452.3517.5%17.0%16.0%0.35+21.1%

    Sector as classified in the tracked universe; medians use every tracked Metals company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 7d ago

    Headlines about Jindal Steel & Power from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    32.1
    EPS (TTM)
    ₹26.58
    Price / Book
    1.98
    ROE (FY26)
    6.9%
    ROCE (latest year)
    10%
    Dividend yield
    0.20%

    Moving averages (NSE)

    20-day
    ₹1,068.49
    Price below
    50-day
    ₹1,109.67
    Price below
    200-day
    ₹1,138.18
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +0.0%
    Profit 3Y CAGR
    -5.4%
    Revenue YoY (Sep 2026)
    +42.7%
    Profit YoY (Sep 2026)
    +21.4%
    Operating margin
    15.0%
    Net margin
    4.6%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    -5K Cr0 Cr5K Cr10K Cr15K Cr20K Cr
    • Revenue
    • Net profit

    Operating margin

    Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Sep 20260%15%30%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • 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 2026-20K Cr-10K Cr0 Cr10K Cr20K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26-10%0%10%20%30%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr20K Cr40K Cr60K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 20260x1x2x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY18FY19FY20FY21FY22FY23FY24FY25FY26FY27₹0₹0.5₹1₹1.5₹2

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
    Sales11,70113,48713,61811,21311,75113,18312,29411,68613,02716,21815,48216,679
    Expenses8,85911,04210,7799,0139,56710,9229,2899,60511,39813,28912,82214,107
    Operating Profit2,8432,4442,8392,2002,1842,2623,0062,0811,6292,9292,6602,571
    OPM %24%18%21%20%19%17%24%18%13%18%17%15%
    Other Income3535343526-1,1583022-45-5501925
    Interest315321332326313342297371406442548566
    Depreciation636995683696698691722750839862926947
    Profit before tax1,9271,1641,8591,2131,199722,0189823391,0741,2051,084
    Tax %0%20%28%29%21%523%26%35%44%3%30%29%
    Net Profit1,9289331,338860951-3041,4966351891,041844771
    EPS in Rs₹18.90₹9.17₹13.14₹8.44₹9.32₹-3.33₹14.65₹6.26₹1.87₹10.24₹8.28₹7.59

    From company filings, updated 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days12

    -18 days since Mar 2021

    Inventory Days115

    -81 days since Mar 2021

    Days Payable126

    -7 days since Mar 2021

    Cash Conversion Cycle1

    -91 days since Mar 2021

    Working Capital Days-11

    +54 days since Mar 2021

    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

    • Company is expected to give good quarter

    Risks

    • 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

    Compounded Sales Growth

    10 Years
    +11%
    5 Years
    +9%
    3 Years
    0%
    TTM
    +26%

    Compounded Profit Growth

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

    Stock Price CAGR

    10 Years
    +29%
    5 Years
    +19%
    3 Years
    +16%
    1 Year
    +1%

    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
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter62.71%62.71%62.71%62.71%0.00 pp
    FII9.02%9.19%8.84%8.75%-0.09 pp
    DII19.10%19.14%19.52%19.70%+0.18 pp
    Public8.93%8.73%8.73%8.64%-0.09 pp
    Others0.25%0.25%0.22%0.21%-0.01 pp

    Filed with NSE for Sept 2026: promoters 62.69%, public 37.10% · XBRL filing

    Analysts & fund holdings

    79%
    79% recommend buy
    28 analysts cover the stock
    Valuation vs Metals & Mining
    P/E36.2 vs 23.4
    Sector P/B2.92
    Beta1.13

    Who holds the shares, quarter by quarter

    Mutual funds 15.60% (+0.39 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters62.8%
    • Foreign institutions8.8%
    • Mutual funds15.6%
    • Insurance2.2%
    • Other domestic institutions1.9%
    • Retail5.3%
    • Others3.4%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Kotak Flexi Cap Fund2.03%4.06%+0.46 pp
    HDFC Mid Cap Fund1.57%1.64%+0.09 pp
    ICICI Pru Large & Mid Cap Fund0.78%2.64%+0.86 pp
    SBI Aggressive Hybrid Fund0.75%0.92%+0.06 pp
    Kotak Large & Mid Cap Fund0.56%1.93%+0.17 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.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    27.9%
    Downside volatility
    29.9%
    Worst 5% of days
    2.9%
    Average of that tail
    4.4%
    Max drawdown (1Y)
    21.6%
    Below its peak
    21.2%

    Against the market

    Beta vs Nifty 50
    1.12
    Correlation
    0.53
    Relative strength (3M)
    +2.8%
    ATR (14)
    3.1%

    Return

    Return 1M
    -11.0%
    Return 3M
    -2.5%
    Return 6M
    -20.5%
    Return 1Y
    +2.0%
    vs 200-day average
    -10.7%

    Momentum

    RSI (14)
    35.0
    MACD histogram
    -1.92
    Stochastic %K
    13.1
    ADX (14)
    36.3
    +DI / −DI
    9.9 / 27.7
    Money flow index
    25.0

    Participation

    Delivery (20d avg)
    46.3%
    vs its 60-day baseline
    +2.3 pts
    Volume vs 20-day
    -0.5σ
    Close vs day's VWAP
    -0.1%
    52-week position
    10 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    5 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — failed
    • Current ratio improving — passed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — passed
    Free cash flow
    -₹2,370 Cr
    FCF yield
    -2.3%
    Cash conversion
    2.14
    Accruals ratio
    -0.039
    Net debt
    ₹21,566 Cr
    Net debt / equity
    0.42
    EV / sales
    2.04
    Capex intensity
    18.0%
    Revenue CAGR
    23.0%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Insider trades

    Last 12 months, market trades
    Net buying ₹312 Cr
    21 buys · ₹364 Cr
    7 sells · ₹52.1 Cr
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Sarika Jhunjhnuwala
    Promoter Group · Market Purchase
    		Buy79,600₹9.2 Cr6 Sept 2026
    Sarika Jhunjhnuwala
    Promoter Group · Market Sale
    		Sell95,000₹10.8 Cr28 Aug 2026
    Jindal Steel Employee Benefit Trust
    Trust · Market Sale
    		Sell1,29,302₹13.7 Cr10 Jul 2026
    JSL Overseas Limited
    Promoter Group · Pledge Release
    		Pledge released7,50,000₹77.7 Cr10 Jul 2026
    Jindal Steel Employee Benefit Trust
    Other · Market Sale
    		Sell80,000₹9.2 Cr26 Jun 2026
    Jindal Steel Employee Benefit Trust
    Other · Market Sale
    		Sell80,000₹9.2 Cr26 Jun 2026
    Beaufield Holdings Limited
    Promoter Group · Pledge Release
    		Pledge released17,00,000₹193 Cr24 Jun 2026
    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
    		Buy2,80,563₹28.1 Cr11 Dec 2025
    JINDAL CEMENT INDUSTRIES PRIVATE LIMITED
    Promoter Group · Market Purchase
    		Buy10,500₹1.0 Cr11 Dec 2025

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

    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

    Company announcements

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

    Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') - Schedule of Analyst or Institutional Investor Meet/ Call

    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

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results Of The Company, Both On A Standalone And Consolidated Basis, For The Quarter And Half Year Ended September 30, 2026.

    Jindal Steel Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/10/2026 ,inter alia, to consider and approve the unaudited financial results ....

    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 Publication

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026

    Insider Trading / SAST
    Closure of Trading Window

    Intimation of closure of trading window

    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

    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

    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 23 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Jindal Steel & Power: common questions

    Answered from the figures on this page.

    Jindal Steel & Power last traded at ₹1,015.90 (NSE, as of 25 Oct 2026). The last session moved it down 2.03%.

    Jindal Steel & Power is valued at about ₹1.03 lakh crore (NSE, as of 25 Oct 2026).

    Jindal Steel & Power trades at a price-to-earnings ratio of 36.22 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    Jindal Steel & Power has traded between ₹977.10 and ₹1,306.20 over the past 52 weeks, to 25 Oct 2026. It is currently 12% of the way up that range.

    Jindal Steel & Power (JINDALSTEL) is classified under Metals on this site's screener.