NSE JINDALSTEL · BSE 532286 · Iron & Steel · NIFTY 500
Jindal Steel Share Price
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
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
- Today's price₹1,155.30
- 20-day average₹1,145.39 ▲ price 0.9% above
- 100-day average₹1,134.07 ▲ price 1.9% above
- 300-day average₹1,130.33 ▲ price 2.2% above
- 10-day average₹1,125.78 ▲ price 2.6% above
- 5-day average₹1,124.50 ▲ price 2.7% above
- 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.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| 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 | — |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹15,482 Cr | ▼ −4.5% | ₹845 Cr | 5.5% | ₹8.30 |
| Q4 FY26 | ₹16,218 Cr | ▲ +24.5% | ₹1,045 Cr | 6.4% | ₹10.13 |
| Q3 FY26 | ₹13,027 Cr | ▲ +11.5% | ₹190 Cr | 1.5% | ₹1.87 |
| Q2 FY26 | ₹11,686 Cr | ▼ −5.0% | ₹638 Cr | 5.5% | ₹6.28 |
| Q1 FY26 | ₹12,294 Cr | ▼ −6.7% | ₹1,494 Cr | 12.2% | ₹14.73 |
| Q4 FY25 | ₹13,183 Cr | ▲ +12.2% | −₹339 Cr | −2.6% | −₹3.23 |
| Q3 FY25 | ₹11,751 Cr | ▲ +4.8% | ₹950 Cr | 8.1% | ₹9.39 |
| Q2 FY25 | ₹11,213 Cr | — | ₹861 Cr | 7.7% | ₹8.49 |
Balance sheet — FY26
- 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
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
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 30,464.56 | 34,540.54 | 51,085.56 | 52,711.18 | 50,026.76 | 49,764.97 | 53,224.92 |
| Cost of revenue | 20,226.83 | 17,886.71 | 30,567.90 | 37,585.31 | 34,262.81 | 34,428.68 | 37,343.16 |
| Gross profit | 10,237.73 | 16,653.83 | 20,517.66 | 15,125.87 | 15,763.95 | 15,336.29 | 15,881.76 |
| Operating expenses | 27,138.50 | 24,170.11 | 38,263.52 | 46,983.32 | 42,693.20 | 44,431.25 | 48,126.68 |
| Operating income | 3,326.06 | 10,370.43 | 12,822.04 | 5,727.86 | 7,333.56 | 5,333.72 | 5,098.24 |
| Depreciation | 3,428.87 | 2,414.13 | 2,096.78 | 2,690.95 | 2,821.75 | 2,767.55 | 3,171.45 |
| Profit before tax | −465.24 | 8,251.88 | 11,173.07 | 4,485.64 | 6,241.37 | 4,352.62 | 4,428.28 |
| Tax | 599.89 | 1,810.81 | 2,924.53 | 1,292.28 | 297.95 | 1,497.87 | 1,052.28 |
| Net profit | −109.17 | 3,633.56 | 5,753.05 | 3,173.94 | 5,938.42 | 2,812.13 | 3,367.38 |
| EPS (₹) | −7.66 | 60.32 | 80.93 | 30.89 | 58.21 | 27.57 | 33.01 |
| Dividend per share (₹) | — | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 89,741.95 | 77,840.42 | 76,643.54 | 69,427.23 | 78,715.18 | 85,839.37 | 97,761.77 |
| Current assets | 15,990.88 | 20,319.06 | 26,608.85 | 15,475.68 | 17,748.25 | 17,545.54 | 22,747.87 |
| Cash & short-term investments | 940.55 | 7,162.10 | 3,985.97 | 5,480.31 | 4,459.56 | 5,519.91 | 5,041.55 |
| Inventory | 6,368.71 | 5,942.57 | 8,732.25 | 7,124.69 | 9,056.78 | 7,095.19 | 10,119.77 |
| Property, plant & equipment | 69,193.57 | 52,765.42 | 43,980.19 | 47,909.41 | 54,661.67 | 62,919.85 | 69,798.32 |
| Total liabilities | 57,604.81 | 46,025.75 | 41,018.88 | 30,720.64 | 34,399.17 | 38,654.49 | 46,862.86 |
| Current liabilities | 23,243.14 | 19,279.46 | 22,702.27 | 15,498.69 | 16,009.55 | 16,515.18 | 18,148.02 |
| Total debt | 37,927.51 | 30,019.41 | 13,501.64 | 13,046.31 | 16,478.08 | 18,704.51 | 22,609.55 |
| Total equity | 32,137.14 | 31,814.67 | 35,624.66 | 38,706.59 | 44,316.01 | 47,184.88 | 50,898.91 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 8,814.32 | 11,960.93 | 16,047.77 | 7,275.51 | 6,008.35 | 10,823.96 | 7,204.23 |
| From investing | −1,475.61 | −1,884.23 | −2,331.32 | −4,018.50 | −8,344.07 | −12,322.78 | −10,733.93 |
| From financing | −7,016.42 | −4,611.98 | −15,119.57 | −2,500.46 | 1,381.05 | 809.41 | 2,802.51 |
| Capital expenditure | −1,540.28 | −858.11 | −2,944.45 | −6,448.48 | −8,517.09 | −10,607.09 | −9,574.15 |
| Dividends paid | — | — | — | — | — | — | — |
| Net change in cash | 322.29 | 5,464.72 | −1,403.12 | 756.55 | −954.67 | −689.41 | −727.19 |
What Analysts Say
Recommendations from 31 analysts who cover Jindal Steel.
▲ 22 bullish (71.0%) · 5 hold (16.1%) · ▼ 4 bearish (12.9%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 9 | 13 | 13 | 13 | ▲ +6 |
| Buy | 13 | 12 | 10 | 9 | 9 | ▼ −4 |
| Hold | 6 | 6 | 5 | 5 | 5 | ▼ −1 |
| Sell | 3 | 3 | 3 | 3 | 3 | — |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | — |
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.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| 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.
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.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
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
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- 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.
- Metal stocks to buy: Tata Steel, JSW Steel among Motilal Oswal’s top picks, up to 17% upside | Check target price
Tata Steel and JSW Steel emerged as top metal stock picks by Motilal Oswal. Jindal Steel and SAIL also receive 'Buy' ratings, with target prices indicating significant upside potential.
18 Sep 2026 · 2 min read · Mint ↗ - Swiggy, Jindal Steel among stocks to buy | Kotak Securities' expert bullish on 3 shares for short term | Do you own any?
Stocks to buy: Kotak Securities' Amol Athawale identifies three stocks—Swiggy, Cummins India, and Jindal Steel—that traders should consider in the short term. With specific targets and strategic stop-loss levels, these tips could help navigate the volatility.
10 Sep 2026 · 2 min read · Mint ↗ - Steel prices hit four-year high despite seasonal weakness; outlook brightens
Steel prices in India hit a four-year high, driven by strong demand and supply constraints.
8 Sep 2026 · 3 min read · Mint ↗ - Stock market today: Gift Nifty hints a flat-to-positive start; eight day trading stocks to buy on Monday, 24 August
The Indian stock market is set for a flat-to-positive opening on 24 August amid mixed global cues. The Nifty 50 traded near 24,300. Tensions in the Middle East and US sanctions against Iran affect market sentiment and oil prices, while stock experts suggest cautious trading strategies.
24 Aug 2026 · 4 min read · Mint ↗ - Jindal Steel targets 21 mt capacity by 2032, new MD seeks leadership stability
Managing director V.R. Sharma says the steelmaker will prioritize value-added specialized grades, internal leadership talent, and a measured 20–21 mt expansion rather than chasing volume at any cost.
14 Aug 2026 · 4 min read · Mint ↗ - Stock market today: Gift Nifty hints a flat start; eight day trading stocks to buy on Wednesday, 12 August
The Indian stock market is set for a flat opening on 12 August, following mixed global cues. Oil prices rose amidst US-Iran negotiations, impacting investor sentiment. The Nifty 50 declined to 24,471.70, while experts caution a cautious approach towards the market ahead of US inflation data.
12 Aug 2026 · 4 min read · Mint ↗ - Top Gainers & Losers on 11 August: Triveni Turbine, Crisil, Castrol India, Vedanta, Jindal Steel among top losers
On August 11, the Indian stock market faced pressure with the Nifty 50 down 0.54% and Sensex declining 0.50%. Crude oil price rises and geopolitical tensions impacted sentiment, despite gains in pharma and technology stocks as mutual fund inflows weakened by 14.8% in July.
11 Aug 2026 · 2 min read · Mint ↗ - Jindal Steel acknowledges leadership churn, banks on new hires for stability
Jindal Steel Ltd’s new managing director, Vidya Rattan Sharma, shifts the focus to the company's ‘upper middle management force’.
27 Jul 2026 · 4 min read · Mint ↗
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