NSE JINDALSTEL · BSE 532286 · Iron & Steel · NIFTY 500

Jindal Steel Share Price

Market open · updated 25 Sep, 1:45 PM IST
₹1,155.30 ▼ −₹19.02 · 1.62% NSE · as of 24 Sep 2026, 9:39 AM · BSE ₹1,153.95
Today's range
₹1,153.00Low₹1,174.80High
52-week range
₹978.20Low · 9 Dec 2025₹1,306.00High · 21 Apr 2026

Jindal Steel Overview

Where the price stands, how it has moved and how it sits against its averages.

Jindal Steel shares last traded at ₹1,155.30 on the NSE, down 1.62% on the day. That is 11.5% below the 52-week high of ₹1,306.00 and 18.1% above the 52-week low of ₹978.20. The stock trades at 39.88× earnings, above the sector average of 17.25. Its market value is ₹1,17,713 Cr.

Price returns

1 Day▼ −1.62%
5 Days▲ +6.55%
This month▼ −1.48%
3 Months▲ +7.86%
6 Months▲ +2.83%
This year▲ +11.53%
1 Year▲ +10.60%

Against the market: 1 Month ▲ +3.53% · 3 Months ▲ +10.97% · 6 Months ▲ +3.44% · This year ▲ +27.02% · 1 Year ▲ +21.35%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST).

Moving averages — price is above 6 of 6

  1. Today's price₹1,155.30
  2. 20-day average₹1,145.39 ▲ price 0.9% above
  3. 100-day average₹1,134.07 ▲ price 1.9% above
  4. 300-day average₹1,130.33 ▲ price 2.2% above
  5. 10-day average₹1,125.78 ▲ price 2.6% above
  6. 5-day average₹1,124.50 ▲ price 2.7% above
  7. 50-day average₹1,106.53 ▲ price 4.4% above

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

Jindal Steel Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
53,225
Net profit₹ crore · losses below zero
−109
5,938
3,367

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹53,225 Cr ▲ +7.0% ₹3,367 Cr 6.3% ₹33.01 ₹2.00
FY 2025 ₹49,765 Cr ▼ −0.5% ₹2,812 Cr 5.7% ₹27.57 ₹2.00
FY 2024 ₹50,027 Cr ▼ −5.1% ₹5,938 Cr 11.9% ₹58.21 ₹2.00
FY 2023 ₹52,711 Cr ▲ +3.2% ₹3,174 Cr 6.0% ₹30.89 ₹2.00
FY 2022 ₹51,086 Cr ▲ +47.9% ₹5,753 Cr 11.3% ₹80.93 ₹2.00
FY 2021 ₹34,541 Cr ▲ +13.4% ₹3,634 Cr 10.5% ₹60.32 ₹1.00
FY 2020 ₹30,465 Cr — −₹109 Cr −0.4% −₹7.66 —

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
48%
52%
  • Total assets₹97,762 Cr
  • Total liabilities₹46,863 Cr
  • Shareholders' equity₹50,899 Cr
  • Total debt₹22,610 Cr
  • Cash & investments₹5,042 Cr
  • Current ratio1.25×
  • Revenue growth, 5 yr9.03% a year
  • EPS growth, 5 yr−11.36% a year
  • Operating margin (TTM)8.98%
  • Net margin (TTM)4.83%

Cash flow — FY26

Operating activities
▲ ₹7,204 Cr
Investing activities
▼ −₹10,734 Cr
Financing activities
▲ ₹2,803 Cr
Free cash flow
▼ −₹2,370 Cr
Net change in cash
▼ −₹727 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue30,464.5634,540.5451,085.5652,711.1850,026.7649,764.9753,224.92
Cost of revenue20,226.8317,886.7130,567.9037,585.3134,262.8134,428.6837,343.16
Gross profit10,237.7316,653.8320,517.6615,125.8715,763.9515,336.2915,881.76
Operating expenses27,138.5024,170.1138,263.5246,983.3242,693.2044,431.2548,126.68
Operating income3,326.0610,370.4312,822.045,727.867,333.565,333.725,098.24
Depreciation3,428.872,414.132,096.782,690.952,821.752,767.553,171.45
Profit before tax−465.248,251.8811,173.074,485.646,241.374,352.624,428.28
Tax599.891,810.812,924.531,292.28297.951,497.871,052.28
Net profit−109.173,633.565,753.053,173.945,938.422,812.133,367.38
EPS (₹)−7.6660.3280.9330.8958.2127.5733.01
Dividend per share (₹)—1.002.002.002.002.002.00

What Analysts Say

31 analysts

Recommendations from 31 analysts who cover Jindal Steel.

Buy average rating 2.03 on a 1–5 scale

▲ 22 bullish (71.0%) · 5 hold (16.1%) · ▼ 4 bearish (12.9%)

Votes

Strong Buy
13 (42%)
Buy
9 (29%)
Hold
5 (16%)
Sell
3 (10%)
Strong Sell
1 (3%)

How the votes changed

Rating3M ago2M ago1M ago1W agoNow3-month change
Strong Buy79131313 ▲ +6
Buy13121099 ▼ −4
Hold66555 ▼ −1
Sell33333 —
Strong Sell11111 —

Analyst ratings are opinions, not a guarantee of returns.

Jindal Steel vs Peers

Side by side with other iron & steel companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
Jindal Steel ₹1,155.30 ▼ −1.62% ₹1,17,713 Cr 39.88 2.35 11.35% 4.83% 0.17% This stock
JSW Steel ₹1,276.10 ▼ −1.68% ₹3,12,064 Cr 41.56 3.02 16.35% 14.76% 0.57% Bullish
Lloyds Metals And Energy ₹1,823.00 ▼ −3.65% ₹1,03,137 Cr 27.81 7.57 33.77% 22.37% 0.05% Neutral
Jindal Stainless ₹739.90 ▼ −2.44% ₹61,003 Cr 18.80 3.07 21.16% 7.41% 0.41% Neutral
Welspun Corp ₹2,682.10 ▼ −4.08% ₹70,751 Cr 25.90 4.56 18.30% 9.66% 0.32% Bullish
Shyam Metalics and Energy ₹1,097.05 ▼ −0.89% ₹30,622 Cr 26.80 2.47 13.68% 5.72% 0.44% Bullish

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns Jindal Steel shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
62.7%
15.2%
13.3%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter62.37%62.69%62.69%62.69% 0.00 pts
FII9.43%9.02%9.19%8.84% ▼ −0.35 pts
MF13.87%14.42%14.49%15.17% ▲ +0.68 pts
Other14.33%13.87%13.63%13.30% ▼ −0.33 pts

Jindal Steel Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

Jindal SteelBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
39.88
▲ 131% above the sector average of 17.25
P/E, 12-month rangeLow 4.34 · high 53.63
72%
Today's P/E sits 72% of the way from its low to its high
P/BPrice ÷ book value per share
2.35
P/SPrice ÷ sales per share
2.12
P/CFPrice ÷ cash flow per share
19.61
PEGP/E ÷ earnings growth (≈1 is fair)
19.76

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
50.80%
▲ above its 5-yr average of 32.17%
Operating marginKept after running costs
8.98%
▼ below its 5-yr average of 14.14%
Pre-tax marginKept before tax
6.41%
▼ below its 5-yr average of 11.95%
Net marginKept as profit
4.83%
▼ below its 5-yr average of 9.20%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
6.87%
▼ below its 5-yr average of 11.35%
Return on assetsProfit on everything it owns
3.68%
▼ below its 5-yr average of 5.93%
Return on investmentProfit on long-term capital
4.57%
▼ below its 5-yr average of 7.71%

Growth Is the business getting bigger?

Revenue — last 12 months
+16.5%
▲ growing
Revenue — 3 yr, a year
+0.3%
▲ growing
Revenue — 5 yr, a year
+9.0%
▲ growing
EPS — last 12 months
−9.5%
▼ shrinking
EPS — 3 yr, a year
+2.2%
▲ growing
EPS — 5 yr, a year
−11.4%
▼ shrinking
Dividend — 3 yr, a year
0.0%
▲ growing
Book value — 5 yr, a year
+9.9%
▲ growing

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.44×
✓ Low debt
Current ratioShort-term assets for every ₹1 due within a year
1.25×
• Adequate
Quick ratioLike the current ratio, without inventory
0.70×
! Tight
Interest coverOperating profit ÷ interest to pay
12.36×
✓ Strong
Payout ratioShare of profit paid as dividend
6.04%
• Keeps most

Per share What each share stands for

EPS (TTM)
₹26.58
Book value
₹500.23
Cash flow
₹59.76
Dividend
₹2.00
Revenue
₹552.60

The share price is 2.31× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 109 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year35.60
Current Dividend Yield - Common Stock Primary Issue, LTM0.17
Price to Book - most recent fiscal year2.35
P/E Basic excluding extraordinary items - TTM39.88
P/E including extraordinary items - TTM44.21
P/E excluding extraordinary items low, trailing 12 months4.34
Price to Tangible Book - most fiscal year2.48
Dividend Yield - 5 Year Average0.25
Price to sales - most recent fiscal year2.25
Dividend Yield - indicated annual dividend divided by closing price0.17
Price to Cash Flow per share - trailing 12 month19.61
Peg Ratio19.76
P/E Normalized, most recent fiscal year29.41
P/E excluding extraordinary items high, trailing 12 months53.63
P/E excluding extraordinary items, most recent fiscal year quarter44.21
Price to sales - trailing 12 month2.12
Net Debt, LFY1,75,680.00

Per share

Dividend Per Share - 5 year average2.00
Cash Flow per share - trailing 12 month59.76
Cash Flow per share - most recent fiscal year64.19
EPS including extraordinary items - trailing 12 month26.58
EPS including extraordinary items - most recent fiscal year33.01
EBITD per share - trailing 12 month91.25
Revenue/share - trailing 12 month552.60
EPS excluding extraordinary items - trailing 12 month26.58
EPS Basic excluding extraordinary items - most recent fiscal year33.01
EPS Basic excluding extraordinary items - trailing 12 month26.58
Book value per share - most recent fiscal year500.24
Dividend per share - most recent fiscal year2.00
Revenue/share - most recent fiscal year521.77
EPS Normalized - most recent fiscal year39.97
Book value (tangible) per share - most recent fiscal year473.94
Dividends per share - trailing 12 month2.00
EPS excluding extraordinary items - most recent fiscal year33.01
Cash per share - most recent fiscal year49.55

Margins

Operating margin - trailing 12 month8.98
Gross Margin - 5 year average32.17
Operating margin - 1st historical fiscal year9.58
Operating Margin - 5 year average14.14
Net Profit Margin % - 1st historical fiscal year6.34
Gross Margin - 1st historical fiscal year29.84
Net Profit Margin % - trailing 12 month4.83
Net Profit Margin - 5 year average9.20
Pretax Margin - 5 year average11.95
Pretax margin - 1st historical fiscal year8.32
Pretax margin - trailing 12 month6.41
Free Operating Cash Flow/Revenue, 5 Year Average3.61
Gross Margin - trailing 12 month50.80

Growth

EPS Change %, TTM over TTM−9.51
Revenue growth rate, 5 year9.03
EPS growth rate, 5 year−11.36
Revenue Change % - most recent quarter 1 year ago25.93
Growth rate% - dividend, 3 year0.00
Growth rate% - EPS, 3 year2.24
Revenue/share (5 yr growth)9.03
Tangible Book Value, Total Equity, 5 Year CAGR11.08
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR−11.16
Capital Spending growth rate, 5 year62.00
Revenue Change %, TTM over TTM16.45
Growth rate% - Revenue, 3 year0.32
Book value per share growth rate, 5 year9.91
EPS Change % - most recent quarter 1 year ago−43.65
Net Profit Margin growth rate, 5 year−19.40
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR−8.67
Total Debt, 5 Year CAGR−5.51

Financial strength

Net Interest coverage - most recent fiscal year12.36
Free Cash Flow - most recent fiscal year−23,699.20
LT debt/equity - most recent fiscal year0.40
Quick ratio - most recent fiscal year0.70
Payout ratio - trailing 12 month7.49
Current ratio - most recent fiscal year1.25
Total debt/total equity - most recent fiscal year0.44
Net Interest coverage - trailing 12 month3.36
Payout ratio - most recent fiscal year6.04

Returns & efficiency

Return on average equity - 5 year average11.35
Net Income/employee - trailing 12 month46,99,448.00
Revenue/employee - most recent fiscal year9,08,74,030.00
Return on investment - most recent fiscal year4.57
Return on average assets - most recent fiscal year3.68
Receivables turnover - most recent fiscal year31.31
Inventory turnover - most recent fiscal year4.34
Revenue/employee - trailing 12 month9,73,30,180.00
Return on average assets - 5 year average5.93
Net Income/employee - most recent fiscal year57,64,043.00
Asset turnover - most recent fiscal year0.58
Return on average equity - most recent fiscal year6.87
Return on investment - 5 year average7.71

Price & volume

Market Cap1,18,156.80
52 week Low Date9 Dec 2025
Price - 1 Day % Change3.01
Relative (S&P500) price percent change - 13 week10.97
Avg trading volume last 10 days0.73
Price - 13 week price percent change7.86
Price - 52 week price percent change10.60
Avg Trading Volume Last 3 months21.16
Price - 5 Day % Change6.55
Price % Change Month To Date−1.48
Relative (S&P500) price percent change - 04 week3.53
52 week High Date21 Apr 2026
Price - 26 week price percent change2.83
PDATE23 Sep 2026
Price - YTD price percent change11.53
Relative (S&P500) price percent change - 52 week21.35
NPRICE1,175.30
Relative (S&P500) price percent change - 26 week3.44
52 week Low977.10
52 week High1,306.20
Beta1.16
Relative (S&P500) price percent change - Year to Date27.02

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹2.00
₹2.00
  • Dividend yield0.17%
  • Payout ratio6.04%
  • 5-year average dividend₹2.00 a share
  • Latest dividend₹2.00 per share · 21 Aug 2026

Corporate calendar

  • MeetingAnnual General Meeting
  • Dividend₹2.00 per share · 200% · Final dividend
  • BoardQuarterly Results
  • MeetingPostal Ballot
  • BoardAudited Results
  • BoardQuarterly Results
  • MeetingPostal Ballot
  • BoardQuarterly Results
Show 12 older events
  • MeetingAnnual General Meeting
  • Dividend₹2.00 per share · 200% · Final dividend
  • BoardQuarterly Results
  • BoardAudited Results & Final Dividend
  • BoardQuarterly Results
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • Dividend₹2.00 per share · 200% · Final dividend
  • MeetingAnnual General Meeting
  • Dividend₹2.00 per share · 200% · Final dividend
  • Dividend₹2.00 per share · 200% · Final dividend
  • Dividend₹1.00 per share · 100% · Interim dividend

About Jindal Steel

Iron & Steel

Jindal Steel Limited is an India-based integrated steel producer. The Company produces high-quality steel products. Its integrated operations empower it to deliver high-quality steel products, tailored to the requirements of critical applications across sectors. The Company is engaged in the steel, mining, and infrastructure sectors. Its long products include TMT rebars (Jindal Panther), Cut & bend rebars, Wire rods, Round bars, Structural sections, and Rails. Its flat products include Hot rolled coils (HSM), Cold rolled coils (CRM), Plates & coils, Rockhard plates, Sheet piles and Speedfloor system. Its semi-finished and special profile products include Cathode bars, Fabricated sections, and Track shoes. HSM enables the production of hot-rolled coils used in infrastructure, general fabrication, pipelines and construction equipment. Its manufacturing facilities are strategically located in Raigarh and Raipur (Chhattisgarh), Angul and Barbil (Odisha) and Patratu (Jharkhand).

Key people

  • Sunil Kumar AgrawalInterim Chief Financial Officer
  • Rahul AroraCompany Secretary and Compliance Officer
  • Damodar MittalWhole-Time Director
  • Debojyoti RoyWhole-Time Director

Company facts

  • NSE symbolJINDALSTEL
  • BSE code532286
  • ISININE749A01030
  • IndustryIron & Steel
  • IndexNIFTY 500
  • Market cap₹1,17,713 Cr
  • Revenue (FY26)₹53,225 Cr
  • Net profit (FY26)₹3,367 Cr

In the News

Recent headlines about Jindal Steel — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

Jindal Steel (NSE: JINDALSTEL) last traded at ₹1,155.30 on the NSE, down 1.62% (₹19.02) on the day, as of 24 Sep 2026, 9:39 AM. On the BSE it was ₹1,153.95. The day's range was ₹1,153.00 – ₹1,174.80.

Jindal Steel's 52-week high is ₹1,306.00 (21 Apr 2026) and its 52-week low is ₹978.20 (9 Dec 2025). At ₹1,155.30 the share is 11.5% below its high and 18.1% above its low.

Jindal Steel's market capitalisation is ₹1,17,713 Cr (₹1.18L Cr). It is part of the NIFTY 500 index.

Jindal Steel's P/E ratio (trailing 12 months) is 39.88. The sector average is 17.25, so investors pay 131% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹26.58.

Jindal Steel shares are up 10.60% over the last year, up 11.53% so far this year, up 2.83% over 6 months, up 7.86% over 3 months. Over the last year the stock did 21.35% better than the market.

In FY26 (year to Mar 2026), Jindal Steel reported revenue of ₹53,225 Cr (up 6.95% on the year before) and a net profit of ₹3,367 Cr. Earnings per share were ₹33.01.

Yes. Jindal Steel's latest dividend is ₹2.00 per share (200%, final dividend), with an ex-date of 21 Aug 2026. The dividend yield is 0.17%. It has paid 6 dividends in the records shown on this page.

Of 31 analysts covering Jindal Steel, 22 are bullish (13 strong buy, 9 buy), 5 say hold and 4 are bearish. The consensus is Buy (average rating 2.03 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 62.69%, FII 8.84%, MF 15.17%, Other 13.30%.

Jindal Steel's listed peers in Iron & Steel include JSW Steel, Lloyds Metals And Energy, Jindal Stainless, Welspun Corp, Shyam Metalics and Energy. By market capitalisation it ranks #2 of 6 in this group.