Jindal Steel

Which are the latest news on Jindal Steel?

Why is Jindal Steel Ltd. falling/rising?

As of 05-Sep, Jindal Steel Ltd. is seeing a stock price increase to Rs 1,163.00, up 2.24% after a trend reversal. Strong monthly performance, rising investor participation, and favorable liquidity contribute to this positive movement, despite some negative indicators.

As of 05-Sep, Jindal Steel Ltd. is experiencing a rise in its stock price, currently at Rs 1,163.00, reflecting an increase of Rs 25.5 or 2.24%. This upward movement follows a trend reversal after four consecutive days of decline. The stock has outperformed its sector by 1.22% today and reached an intraday high of Rs 1,170, which is a 2.86% increase.<BR><BR>Several factors contribute to this positive price movement. The stock has shown strong performance over the past month, with a return of 3.75%, while the broader market, represented by the Sensex, has declined by 2.44%. Year-to-date, Jindal Steel has generated a return of 10.38%, significantly outperforming the Sensex, which has fallen by 10.21%. Over the past year, the stock has delivered a return of 12.73%, compared to a mere 1.51% for the BSE500 index.<BR><BR>Additionally, there is rising investor participation, as indicated by a 13.41% increase in delivery volume compared to the five-day average. The stock's liquidity is also favorable, allowing for substantial trading sizes. The company's high management efficiency, reflected in a return on capital employed (ROCE) of 15.89%, and a low debt-to-EBITDA ratio of 2.34 times, further bolster investor confidence.<BR><BR>Despite some negative indicators, such as a decline in operating profit over the last five years and a recent drop in profits, the overall market-beating performance and strong institutional holdings at 28.36% suggest that informed investors are optimistic about the company's prospects. This combination of factors has contributed to the rise in Jindal Steel Ltd.'s stock price.

Who are in the management team of Jindal Steel?

The management team of Jindal Steel includes Naveen Jindal (Chairman, Executive Director & CEO), Bimlendra Jha (Managing Director), and several Whole-time and Independent Directors, responsible for the company's operations and strategic direction.

The management team of Jindal Steel includes the following key members:<BR><BR>1. **Naveen Jindal** - Chairman, Executive Director & CEO<BR>2. **Bimlendra Jha** - Managing Director<BR>3. **Mr. Ramkumar Ramaswamy** - Whole-time Director<BR>4. **Damodar Mittal** - Whole-time Director<BR>5. **Sabyasachi Bandyopadhyay** - Whole-time Director<BR>6. **Rohit Kumar** - Independent Director<BR>7. **Bhaskar Chatterjee** - Independent Director<BR>8. **Sunjay Kapur** - Independent Director<BR>9. **Shivani Wazir Pasrich** - Independent Director<BR>10. **Kanika Agnihotri** - Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Jindal Steel do?

Jindal Steel Ltd. is a large-cap integrated primary steel producer and part of the O. P. Jindal Group, with recent net sales of ₹15,482 Cr and a net profit of ₹845 Cr as of June 2026. Key financial metrics include a P/E ratio of 33.00 and a market cap of ₹117,601 Cr.

Overview: <BR>Jindal Steel Ltd. is an integrated primary steel producer operating in the ferrous metals industry and is categorized as a large-cap company.<BR><BR>History: <BR>Jindal Steel and Power Limited (JSPL) is part of the O. P. Jindal Group and has a significant presence in mining. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 15,482 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 845 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 117,601 Cr (Large Cap)<BR><BR>Key Metrics: <BR>P/E: 33.00 <BR>Industry P/E: 25 <BR>Dividend Yield: 0.17% <BR>Debt-Equity: 0.32 <BR>Return on Equity: 8.23% <BR>Price to Book: 2.36<BR><BR>Contact Details: <BR>Address: O P Jindal Marg, Hisar Haryana: 125005 <BR>Tel: 91-1662-222471-84 <BR>Email: jsplinfo@jindalsteel.com <BR>Website: http://www.jindalsteelpower.com

Who are the peers of the Jindal Steel?

Jindal Steel's peers include JSW Steel, Tata Steel, Lloyds Metals, SAIL, Jindal Stainless, KIOCL, Sarda Energy, NMDC Steel, and Kirl. Ferrous. In terms of performance, Jindal Steel has a 1-year return of 22.50%, with SAIL leading at 65.87% and Sarda Energy lagging at -16.54%.

Peers: The peers of Jindal Steel are JSW Steel, Tata Steel, Lloyds Metals, SAIL, Jindal Stain., KIOCL, Sarda Energy, NMDC Steel, and Kirl. Ferrous.<BR><BR>Quality Snapshot: Excellent management risk is observed at Lloyds Metals, Jindal Stain., and Kirl. Ferrous, while Good management risk is found at JSW Steel, Tata Steel, and Jindal Steel. Average management risk is present at SAIL and Sarda Energy, and Below Average management risk is noted at KIOCL. Growth is Excellent at Lloyds Metals and Jindal Stain., Below Average at JSW Steel, Tata Steel, Jindal Steel, SAIL, KIOCL, and Kirl. Ferrous, while Good growth is seen at Sarda Energy and Excellent growth at NMDC Steel. Capital Structure is Excellent at Lloyds Metals, Good at Jindal Steel, Jindal Stain., and Kirl. Ferrous, Average at Tata Steel, and Below Average at JSW Steel, SAIL, and KIOCL.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SAIL at 65.87%, while the peer with the lowest is Sarda Energy at -16.54%. Jindal Steel's 1-year return is 22.50%, which is significantly higher than Sarda Energy's but lower than SAIL's. Additionally, KIOCL and Sarda Energy have negative six-month returns.

How big is Jindal Steel?

As of 31st August, Jindal Steel Ltd. has a market capitalization of 117,601.00 Cr, with recent net sales of 56,412.57 Cr and a net profit of 2,718.20 Cr.

As of 31st August, Jindal Steel Ltd. has a market capitalization of 117,601.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest four quarters, Jindal Steel reported Net Sales of 56,412.57 Cr and a Net Profit of 2,718.20 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with Shareholder's Funds amounting to 50,898.91 Cr and Total Assets valued at 97,634.94 Cr.

Should I buy, sell or hold Jindal Steel Ltd.?

Are Jindal Steel Ltd. latest results good or bad?

Jindal Steel Ltd.'s latest results show strong revenue growth of 25.93% year-on-year, but net profit fell by 43.45%, and operating margins declined significantly, indicating challenges in profitability. While revenue is positive, the drop in profit and margins suggests caution for investors.

Jindal Steel Ltd.'s latest results present a mixed picture. On one hand, the company achieved a notable revenue growth of 25.93% year-on-year, with net sales reaching ₹15,482.13 crores. This indicates strong demand and effective sales strategies. However, the net profit for the quarter fell significantly by 43.45% year-on-year to ₹844.79 crores, reflecting substantial challenges in profitability.<BR><BR>The operating margin also saw a decline, dropping to 17.18%, which is a decrease of 724 basis points compared to the previous year. This margin compression is concerning as it highlights the pressures from rising input costs and a challenging pricing environment in the steel sector. Additionally, interest costs surged by 84.84% year-on-year, further straining the company's profitability.<BR><BR>Overall, while the revenue growth is a positive sign, the significant drop in net profit and operating margins suggests that Jindal Steel is currently facing considerable headwinds. Investors may need to exercise caution as the company navigates these challenges.

When is the next results date for Jindal Steel Ltd.?

The next results date for Jindal Steel Ltd. is July 24, 2026.

The next results date for Jindal Steel Ltd. is scheduled for July 24, 2026.

Is Jindal Steel technically bullish or bearish?

As of November 21, 2025, Jindal Steel's technical trend is mildly bullish, supported by bullish MACD and Dow Theory indicators, though caution is advised due to a mildly bearish KST on the monthly timeframe.

As of 21 November 2025, the technical trend for Jindal Steel has changed from bullish to mildly bullish. The weekly MACD and Dow Theory indicators remain bullish, supporting a positive outlook. However, the KST shows a mildly bearish stance on the monthly timeframe, which introduces some caution. The daily moving averages are mildly bullish, and Bollinger Bands also reflect a mildly bullish trend on both weekly and monthly charts. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and Dow Theory indicators, despite some mixed signals from KST and RSI.

How has been the historical performance of Jindal Steel?

Jindal Steel's historical performance shows declining revenues and profits, with net sales dropping from 52,711.18 Cr in March 2023 to 49,764.97 Cr in March 2025, and profit after tax falling from 8,248.54 Cr to 2,854.75 Cr in the same period. Total liabilities increased, indicating a growing debt burden, despite improved cash flow from operating activities.

Answer:<BR>The historical performance of Jindal Steel shows fluctuations in key financial metrics over the years, with notable changes in revenue, profit, and expenses.<BR><BR>Breakdown:<BR>Jindal Steel's net sales peaked at 52,711.18 Cr in March 2023 but have since declined to 49,764.97 Cr by March 2025. Total operating income followed a similar trend, decreasing from 52,711.18 Cr in March 2023 to 49,764.97 Cr in March 2025. The company's total expenditure, excluding depreciation, was 40,270.78 Cr in March 2025, slightly up from 39,826.01 Cr in March 2024. Operating profit (PBDIT) has also seen a decline, dropping from 15,563.80 Cr in March 2022 to 9,661.70 Cr in March 2025. Profit before tax decreased from 11,173.07 Cr in March 2022 to 4,352.62 Cr in March 2025, while profit after tax fell from 8,248.54 Cr in March 2022 to 2,854.75 Cr in March 2025. The company's total liabilities increased from 78,676.03 Cr in March 2024 to 85,765.64 Cr in March 2025, indicating a growing debt burden. Cash flow from operating activities improved to 10,823.00 Cr in March 2025, up from 6,008.00 Cr in March 2024, although the net cash outflow was recorded at -689.00 Cr in March 2025. Overall, Jindal Steel's performance reflects a challenging environment with declining revenues and profits, alongside increasing liabilities.

Is Jindal Steel overvalued or undervalued?

As of October 30, 2025, Jindal Steel is considered overvalued with a PE Ratio of 27.46 and an EV to EBITDA of 12.45, indicating it trades at a premium compared to its earnings and asset value, despite a recent 16.76% stock return over the past year.

As of 30 October 2025, Jindal Steel's valuation grade has moved from fair to expensive, indicating a shift in its perceived value. The company is currently overvalued based on its financial metrics. Key ratios include a PE Ratio of 27.46, an EV to EBITDA of 12.45, and a Price to Book Value of 0.22, which suggest that the stock is trading at a premium compared to its earnings and asset value.<BR><BR>In comparison to its peers, Jindal Steel's PE Ratio is significantly lower than that of JSW Steel, which stands at 48.11, and Tata Steel at 47.42, both of which are categorized as expensive. The EV to EBITDA ratio of Jindal Steel is also lower than that of its peers, indicating a less favorable valuation relative to earnings before interest, taxes, depreciation, and amortization. Despite recent stock performance showing a 16.76% return over the past year compared to the Sensex's 5.58%, the overall valuation suggests that Jindal Steel is not a compelling investment at its current price.

Who are the top shareholders of the Jindal Steel?

The top shareholders of Jindal Steel include promoters with Opj Trading Private Limited holding 18.47%, mutual funds with a combined 13.89%, and foreign institutional investors (FIIs) at 9.59%. The highest public shareholder is the Kotak Flexicap Fund, owning 2.79%, while individual investors hold 6.36%.

The top shareholders of Jindal Steel include a mix of promoters, mutual funds, and foreign institutional investors (FIIs). The majority shareholders are the promoters, with Opj Trading Private Limited holding the highest stake at 18.47%. Additionally, mutual funds collectively hold 13.89% of the shares, with 34 schemes involved. FIIs have a stake of 9.59%, represented by 450 different investors. The highest public shareholder is the Kotak Flexicap Fund, which holds 2.79%. Individual investors account for 6.36% of the holdings.

What is the bonus history of the Jindal Steel?

Jindal Steel & Power Ltd's latest bonus issue was a 5:1 ratio announced on September 14, 2009, meaning shareholders received 5 additional shares for every 1 share held. The record date for this bonus was September 16, 2009.

Jindal Steel & Power Ltd has a notable bonus history, with its latest bonus issue being a 5:1 ratio announced on September 14, 2009. The record date for this bonus was September 16, 2009. This means that for every 1 share held, shareholders received 5 additional shares. If you need more details or have further questions about Jindal Steel, feel free to ask!

Has Jindal Steel declared dividend?

Yes, Jindal Steel & Power Ltd has declared a 200% dividend, amounting to ₹2 per share, with an ex-date of August 22, 2024. The company has shown substantial long-term growth, with a total return of 565.02% over the past five years.

Jindal Steel & Power Ltd has declared a 200% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 200%<BR>- Amount per share: 2 per share<BR>- Ex-date: 22 Aug 24<BR><BR>Dividend Yield: 0.21%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 1.26%, with no dividend return, resulting in a total return of 1.26%.<BR><BR>Over the past year, the price return was -6.62%, with a dividend return of 0.20%, leading to a total return of -6.42%.<BR><BR>In the 2-year period, the price return was 83.54%, with a dividend return of 0.70%, resulting in a total return of 84.24%.<BR><BR>For the 3-year period, the price return was 159.53%, with a dividend return of 1.95%, culminating in a total return of 161.48%.<BR><BR>In the last 4 years, the price return was 140.98%, with a dividend return of 1.71%, giving a total return of 142.69%.<BR><BR>Over the past 5 years, the price return was 560.47%, with a dividend return of 4.55%, leading to a total return of 565.02%.<BR><BR>Overall, Jindal Steel has declared a significant dividend, and while the total returns vary across periods, the long-term performance indicates substantial growth, particularly over the 5-year horizon.