JINDALSTEL · NSE
JINDAL STEEL LIMITED
₹1,119.5
-0.79% (-₹8.9)
Prev. close
₹1,128.4
Volume
10,56,818
Delivery %
65.7%
As of
18 Sept 2026
Price history
Vaishali Parekh · Prabhudas Lilladher · 02 Sept 2026
“Bullish on Jindal Stainless for intraday trading, recommending a buy at ₹734 with a target of ₹770 and a stop loss at ₹720.”
Entry ₹734Target ₹770 (+4.9%)Stop ₹720 (-1.9%)R:R 2.6:1Never triggered — entry didn't fill
Analyst sentiment
Analysts lean bullish
3 analyst stances · last 90 days · one per analyst
Trackable
2 · 2 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
1 · 1 bull / 0 neutral / 0 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bullish on Jindal Stainless for intraday trading, recommending a buy at ₹734 with a target of ₹770 and a stop loss at ₹7…” | Vaishali ParekhPrabhudas Lilladher | Jindal Stainless Ltd | PENDING | ||||
“Bullish on Jindal Stainless for intraday trading, recommending a buy at ₹734 with a target of ₹770 and a stop loss at ₹720.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
| “Bullish on Jindal Steel futures, recommending a buy in the ₹1,040-1,050 range with targets of ₹1,100 and ₹1,130, and a s…” | Jay ThakkarICICI Securities | Jindal Steel & Power | MISS | ||||
Market commentary · 1 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on Jindal Steel for the coming horizon, targeting ₹1,230 with a decisive level at ₹1,105 for positional traders.…” | Amol AthawaleKotak Securities | Jindal Steel and Power Ltd | PENDING |
Fundamentals
About JINDAL STEEL LIMITED
Jindal Steel Limited manufactures steel in India and internationally. It offers TMT rebars under the Jindal Panther brand; structural sections, rails, wire rods, round bars, and cut and bend rebars; and flat products, such as hot rolled coils, cast rounds, cold rolled and coated products, plates and coils, rockhard plates, and hollow sections. The company also provides semi-finished and specialized products, including cathode bars, fabricated sections, track shoes, sheet piles, sin beams, and value-added billets and blooms. In addition, it is involved in design and manufacturing of EOT and gantry cranes for steel plants, ports, infrastructure, and heavy engineering applications; manufactures pressure-retaining equipment for high-pressure and high-temperature industrial applications; and manufactures ferrous cast components for metallurgical and thermal processing industries. Further, the company engages in the operation of iron ore mines in Kasia, Roida, and Tensa in India; coal assets; pellet plants; and captive power facilities. It serves infrastructure, distribution, automotive, defense, building and construction, and engineering and packing. The company was formerly known as Jindal Steel & Power Limited and changed its name to Jindal Steel Limited in July 2025. Jindal Steel Limited was incorporated in 1979 and is based in New Delhi, India.
Details
Sector
Basic Materials
Industry
Steel
CEO
Mr. Vivek Kumar Mittal
Headquarters
New Delhi
Employees
5,796
Website
jindalsteel.inExchange
View on NSE ↗Key stats
Market cap
₹1.14 L Cr
P/E ratio (TTM)
41.9
Dividend yield
0.18%
EPS (TTM)
₹26.74
Beta (1Y · daily vs NIFTY 50)
1.11
Beta (5Y · monthly vs NIFTY 50)
1.20
Shares float
37.59 Cr
EPS · quarter ended Jun 2026
₹8.30
Upcoming earnings
28 Oct 2026
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with the company's annual reports (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with the company's annual reports; the two sources' revenue definitions differ by 0.1% on Mar 2021. FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹39,026.99 Cr | ₹51,085.56 Cr | ₹66,320.39 Cr | ₹41,923.00 Cr | ₹41,282.78 Cr | ₹43,561.40 Cr | |
| EBITDA | ₹13,842.31 Cr | — | ₹8,622.48 Cr | ₹10,343.86 Cr | ₹8,432.25 Cr | ₹9,116.37 Cr |
| ₹3,633.56 Cr | ₹5,753.00 Cr | ₹3,974.09 Cr | ₹5,938.42 Cr | ₹2,812.13 Cr | ₹3,367.38 Cr | |
| Diluted EPS | ₹35.63 | ₹56.4 | ₹31.54 | ₹59.15 | ₹27.83 | ₹33.16 |
Depreciation & amortisation, EBITDA have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Net income for Mar 2021 could not be independently verified against the company's own annual report: this page shows ₹3,633.56 Cr while the annual report gives ₹4,267.04 Cr (17.4% apart).
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹77,840.42 Cr | ₹76,643.54 Cr | ₹69,427.23 Cr | ₹78,676.00 Cr | ₹85,766.00 Cr | ₹97,635.00 Cr | |
| ₹29,909.69 Cr | ₹13,501.64 Cr | ₹13,046.31 Cr | ₹16,472.14 Cr | ₹18,406.08 Cr | ₹22,609.55 Cr | |
| Stockholders' equity | ₹30,936.97 Cr | ₹35,523.59 Cr | ₹38,606.09 Cr | ₹44,316.00 Cr | ₹47,185.00 Cr | ₹50,899.00 Cr |
Current assets, Non-current assets, Others have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹11,960.93 Cr | ₹16,047.77 Cr | ₹7,347.00 Cr | ₹6,008.00 Cr | ₹10,824.00 Cr | ₹7,204.00 Cr | |
| Investing cash flow | ₹-1,884.23 Cr | ₹-2,331.32 Cr | ₹-4,090.40 Cr | ₹-8,344.07 Cr | ₹-12,322.78 Cr | ₹-10,733.93 Cr |
| ₹-4,611.98 Cr | ₹-15,119.57 Cr | ₹-2,500.00 Cr | ₹1,381.00 Cr | ₹809.00 Cr | ₹2,803.00 Cr | |
| Capital expenditure | ₹-858.11 Cr | ₹-2,965.59 Cr | ₹-6,448.00 Cr | ₹-8,517.00 Cr | ₹-10,607.00 Cr | ₹-9,574.00 Cr |
| End cash position | ₹5,965.18 Cr | ₹3,504.53 Cr | ₹4,261.08 Cr | ₹3,306.41 Cr | ₹2,617.00 Cr | ₹1,889.81 Cr |
Depreciation & amortization has filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Mar 20–Jun 20(2Q) | Sep 20–Sep 21(5Q) | Dec 21 | Mar 22 | Jun 22 | Sep 22–Sep 23(5Q) | Dec 23–Mar 24(2Q) | Jun 24 | Sep 24–Dec 24(2Q) | Mar 25 | Jun 25 | Sep 25 | Dec 25–Mar 26(2Q) | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 60.48% | 60.47% | 60.44% | 60.45% | 60.44% | 61.20% | 61.20% | 61.19% | 61.19% | 62.22% | 62.36% | 62.37% | 62.69% | 62.69% |
| Public | 39.52% | 39.53% | 39.56% | 39.55% | 38.53% | 37.33% | 37.07% | 37.99% | 38.00% | 36.97% | 37.39% | 37.38% | 37.05% | 37.09% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 1.02% | 1.48% | 1.73% | 0.81% | 0.81% | 0.81% | 0.25% | 0.25% | 0.25% | 0.22% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.17 L Cr | ₹11,014 | 36.9 | 4.13 | 10.7% | 0.31 | +16.6% | -12.8% |
| JSW Steel Limited | ₹3.06 L Cr | ₹1,275.6 | 12.4 | 3.06 | 22.3% | 1.19 | +9.3% | +13.8% |
| Hindustan Zinc Limited | ₹2.42 L Cr | ₹596 | 14.2 | 10.69 | 61.1% | 0.39 | +18.6% | +31.0% |
| Asian Paints Limited | ₹2.35 L Cr | ₹2,451.3 | 49.3 | 11.01 | 20.2% | 0.18 | +5.1% | -1.1% |
| Tata Steel Limited | ₹2.28 L Cr | ₹187.29 | 20.7 | 2.23 | 10.6% | 0.90 | +6.2% | +9.3% |
| Hindalco Industries Limited | ₹2.18 L Cr | ₹986.5 | 13.3 | 1.59 | 9.8% | 0.73 | +15.0% | +31.5% |
| Grasim Industries Limited | ₹2.15 L Cr | ₹3,209.2 | 37.9 | 2.08 | 4.8% | 2.20 | +18.2% | +11.5% |
| Solar Industries India Limited | ₹1.71 L Cr | ₹18,815 | 86.1 | 27.25 | 26.7% | 0.29 | +30.6% | +27.0% |
| Vedanta Aluminium Metal Limited | ₹1.60 L Cr | ₹416.5 | 42.1 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.58 L Cr | ₹1,572.1 | 59.8 | 14.58 | 22.6% | 0.04 | +11.1% | -48.5% |
| JINDAL STEEL LIMITED | ₹1.11 L Cr | ₹1,103 | 41.1 | 2.19 | 6.6% | 0.44 | +5.5% | +4.7% |
| Lloyds Metals And Energy Limited | ₹1.02 L Cr | ₹1,799.3 | 21.1 | 7.35 | 26.5% | 1.49 | +153.9% | +34.2% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 28
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
41 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Jindal Supreme IPO GMP Rises to ₹31; Issue Subscribed 166.61x
Jindal Supreme's IPO grey market premium (GMP) rose to ₹31, suggesting a potential 33.33% premium over its ₹93 upper price band. The IPO was significantly oversubscribed by 166.61 times, with strong demand from retail and non-institutional investors. This indicates high investor interest ahead of its listing.