About
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.
Key Metrics
as of Sep 2026Market Cap119,624 Cr
P/E38.70
Div Yield0.17 %
Book Value₹499.00
52w High₹1,306.00
52w Low₹977.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15,275.00 | 15,935.00 | 13,559.00 | 12,109.00 | 12,420.00 | 13,035.00 | 11,436.00 | 11,504.00 | 12,843.00 | 13,773.00 | 11,516.00 | 12,082.00 | 12,311.00 |
| Expenses | 13,052.00 | 13,932.00 | 11,909.00 | 10,149.00 | 9,564.00 | 10,897.00 | 9,275.00 | 9,564.00 | 10,144.00 | 11,254.00 | 8,797.00 | 9,770.00 | 9,657.00 |
| Operating Profit | 2,224.00 | 2,003.00 | 1,650.00 | 1,959.00 | 2,856.00 | 2,139.00 | 2,161.00 | 1,940.00 | 2,699.00 | 2,519.00 | 2,719.00 | 2,312.00 | 2,653.00 |
| OPM % | 15.00 | 13.00 | 12.00 | 16.00 | 23.00 | 16.00 | 19.00 | 17.00 | 21.00 | 18.00 | 24.00 | 19.00 | 22.00 |
| Other Income | 16.00 | -1,153.00 | -47.00 | 10.00 | 16.00 | -1,263.00 | 16.00 | 25.00 | 23.00 | 15.00 | 30.00 | 26.00 | 14.00 |
| Depreciation | 620.00 | 606.00 | 605.00 | 593.00 | 578.00 | 564.00 | 571.00 | 573.00 | 564.00 | 563.00 | 559.00 | 555.00 | 540.00 |
| Interest | 147.00 | 441.00 | 102.00 | 133.00 | 97.00 | 137.00 | 133.00 | 167.00 | 183.00 | 210.00 | 195.00 | 258.00 | 258.00 |
| Profit before tax | 1,474.00 | -197.00 | 896.00 | 1,244.00 | 2,197.00 | 175.00 | 1,473.00 | 1,224.00 | 1,975.00 | 1,762.00 | 1,994.00 | 1,526.00 | 1,870.00 |
| Tax % | 26.00 | -27.00 | 25.00 | 26.00 | 26.00 | 38.00 | 21.00 | 27.00 | 26.00 | 27.00 | 26.00 | 27.00 | 25.00 |
| Net Profit | 1,086.00 | -143.00 | 673.00 | 921.00 | 1,624.00 | 108.00 | 1,163.00 | 894.00 | 1,457.00 | 1,282.00 | 1,484.00 | 1,109.00 | 1,400.00 |
| EPS in Rs | 10.65 | -1.41 | 6.59 | 9.03 | 15.92 | 1.05 | 11.40 | 8.77 | 14.28 | 12.56 | 14.54 | 10.87 | 13.72 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 54,215.00 | 49,143.00 | 50,009.00 | 51,680.00 | 49,512.00 | 33,346.00 | 26,324.00 | 27,863.00 | 17,654.00 | 14,449.00 | 13,770.00 | 13,390.00 |
| Expenses | 45,687.00 | 40,181.00 | 39,764.00 | 42,143.00 | 34,431.00 | 20,277.00 | 20,537.00 | 21,846.00 | 13,680.00 | 11,539.00 | 11,329.00 | 9,643.00 |
| Operating Profit | 8,528.00 | 8,963.00 | 10,245.00 | 9,538.00 | 15,080.00 | 13,069.00 | 5,787.00 | 6,018.00 | 3,974.00 | 2,910.00 | 2,441.00 | 3,747.00 |
| OPM % | 16.00 | 18.00 | 20.00 | 18.00 | 30.00 | 39.00 | 22.00 | 22.00 | 23.00 | 20.00 | 18.00 | 28.00 |
| Other Income | -1,233.00 | -1,223.00 | 42.00 | -3,214.00 | -265.00 | 480.00 | -9.00 | -1,384.00 | -345.00 | 1.00 | 23.00 | -350.00 |
| Interest | 773.00 | 620.00 | 921.00 | 1,286.00 | 1,415.00 | 2,187.00 | 2,611.00 | 2,896.00 | 2,391.00 | 2,324.00 | 2,646.00 | 2,251.00 |
| Depreciation | 2,383.00 | 2,272.00 | 2,216.00 | 2,166.00 | 2,232.00 | 2,243.00 | 2,287.00 | 2,307.00 | 1,910.00 | 2,044.00 | 2,148.00 | 1,786.00 |
| Profit before tax | 4,140.00 | 4,847.00 | 7,151.00 | 2,872.00 | 11,168.00 | 9,119.00 | 880.00 | -570.00 | -672.00 | -1,457.00 | -2,330.00 | -639.00 |
| Tax % | 26.00 | 25.00 | 26.00 | 16.00 | 26.00 | 22.00 | 30.00 | -54.00 | -46.00 | -32.00 | -39.00 | -51.00 |
| Net Profit | 3,074.00 | 3,621.00 | 5,273.00 | 2,427.00 | 8,283.00 | 7,154.00 | 618.00 | -263.00 | -362.00 | -986.00 | -1,419.00 | -311.00 |
| EPS in Rs | 30.13 | 35.50 | 51.69 | 23.79 | 81.20 | 70.14 | 6.06 | -2.72 | -3.74 | -10.78 | -15.50 | -3.40 |
| Dividend Payout % | 7.00 | 6.00 | 4.00 | 8.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 102.00 | 101.00 | 100.00 | 100.00 | 101.00 | 102.00 | 102.00 | 97.00 | 97.00 | 92.00 | 91.00 | 91.00 |
| Reserves | 53,028.00 | 49,662.00 | 45,393.00 | 40,456.00 | 40,259.00 | 32,540.00 | 23,607.00 | 22,452.00 | 22,696.00 | 21,675.00 | 22,974.00 | 12,420.00 |
| Borrowings | 8,436.00 | 7,481.00 | 11,693.00 | 12,458.00 | 13,918.00 | 18,964.00 | 16,835.00 | 19,700.00 | 23,180.00 | 25,326.00 | 25,742.00 | 28,313.00 |
| Other Liabilities | 19,294.00 | 16,245.00 | 14,830.00 | 14,015.00 | 20,884.00 | 17,525.00 | 18,331.00 | 15,424.00 | 14,104.00 | 13,002.00 | 11,789.00 | 5,346.00 |
| Total Liabilities | 80,860.00 | 73,489.00 | 72,017.00 | 67,030.00 | 75,162.00 | 69,131.00 | 58,875.00 | 57,672.00 | 60,077.00 | 60,094.00 | 60,597.00 | 46,170.00 |
| Fixed Assets | 42,579.00 | 39,837.00 | 39,473.00 | 40,083.00 | 41,358.00 | 42,722.00 | 44,472.00 | 44,363.00 | 45,636.00 | 41,476.00 | 43,023.00 | 27,215.00 |
| CWIP | 3,649.00 | 5,475.00 | 3,802.00 | 2,119.00 | 760.00 | 604.00 | 851.00 | 1,624.00 | 2,689.00 | 7,529.00 | 5,686.00 | 3,563.00 |
| Investments | 14,412.00 | 9,869.00 | 7,531.00 | 5,693.00 | 6,316.00 | 5,558.00 | 1,699.00 | 1,693.00 | 1,490.00 | 1,485.00 | 1,477.00 | 2,487.00 |
| Other Assets | 20,220.00 | 18,308.00 | 21,211.00 | 19,135.00 | 26,728.00 | 20,248.00 | 11,853.00 | 9,992.00 | 10,261.00 | 9,603.00 | 10,411.00 | 12,905.00 |
| Total Assets | 80,860.00 | 73,489.00 | 72,017.00 | 67,030.00 | 75,162.00 | 69,131.00 | 58,875.00 | 57,672.00 | 60,077.00 | 60,094.00 | 60,597.00 | 46,170.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6,810.00 | 11,211.00 | 6,909.00 | 6,351.00 | 14,185.00 | 9,760.00 | 7,061.00 | 6,988.00 | 4,860.00 | 4,064.00 | 4,422.00 | 1,449.00 |
| Cash from Investing Activity | -7,749.00 | -7,315.00 | -5,081.00 | -3,778.00 | -9,407.00 | -3,507.00 | -1,366.00 | -1,347.00 | -870.00 | -1,111.00 | 862.00 | -3,147.00 |
| Cash from Financing Activity | 36.00 | -4,734.00 | -2,544.00 | -1,850.00 | -7,428.00 | -1,082.00 | -5,380.00 | -5,676.00 | -4,027.00 | -3,138.00 | -5,231.00 | 1,236.00 |
| Net Cash Flow | -904.00 | -837.00 | -716.00 | 723.00 | -2,649.00 | 5,171.00 | 314.00 | -35.00 | -37.00 | -185.00 | 53.00 | -462.00 |
| Free Cash Flow | 3,801.00 | 7,046.00 | 3,466.00 | 3,923.00 | 12,905.00 | 9,004.00 | 6,400.00 | 6,284.00 | 3,911.00 | 2,589.00 | 4,106.00 | -862.00 |
| CFO/OP % | 95.00 | 141.00 | 72.00 | 94.00 | 107.00 | 75.00 | 121.00 | 115.00 | 123.00 | 140.00 | 182.00 | 45.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9.00 | 10.00 | 16.00 | 8.00 | 9.00 | 21.00 | 13.00 | 12.00 | 16.00 | 20.00 | 22.00 | 36.00 |
| Inventory Days | 72.00 | 68.00 | 92.00 | 82.00 | 128.00 | 160.00 | 125.00 | 110.00 | 165.00 | 125.00 | 159.00 | 302.00 |
| Days Payable | 92.00 | 73.00 | 66.00 | 67.00 | 96.00 | 133.00 | 148.00 | 107.00 | 180.00 | 157.00 | 127.00 | 117.00 |
| Cash Conversion Cycle | -10.00 | 5.00 | 42.00 | 23.00 | 41.00 | 49.00 | -10.00 | 15.00 | 1.00 | -12.00 | 54.00 | 221.00 |
| Working Capital Days | -25.00 | -32.00 | -22.00 | -40.00 | -10.00 | -29.00 | -63.00 | -90.00 | -124.00 | -143.00 | -192.00 | -80.00 |
| ROCE % | 11.00 | 12.00 | 15.00 | 14.00 | 24.00 | 25.00 | 8.00 | 8.00 | 4.00 | 2.00 | 1.00 | 6.00 |
Corporate Actions
30 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 21 Aug 2026 | 21 Aug 2026 | — | 2.00 | |
| Dividend | 22 Aug 2025 | 22 Aug 2025 | — | 2.00 | |
| Dividend | 22 Aug 2024 | 22 Aug 2024 | — | 2.00 | |
| Dividend | 18 Aug 2023 | 18 Aug 2023 | — | 2.00 | |
| Dividend | 20 Sep 2022 | 21 Sep 2022 | — | 2.00 | |
| Dividend | 16 Mar 2022 | 19 Mar 2022 | — | 1.00 | |
| Other | 23 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 23 Sep 2020 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2018 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 15 Jul 2016 | — | — | — | Annual General Meeting |
| Other | 07 Sep 2015 | — | — | — | Annual General Meeting |
| Dividend | 11 Jul 2014 | — | — | 1.50 | |
| Dividend | 13 Sep 2013 | — | — | 1.60 | |
| Dividend | 10 Sep 2012 | — | — | 1.60 | |
| Dividend | 12 Sep 2011 | — | — | 1.50 | |
| Dividend | 13 Sep 2010 | — | — | 1.25 | |
| Bonus | 14 Sep 2009 | — | 5:1 | — | |
| Dividend | 14 Sep 2009 | — | — | 5.50 | |
| Other | 14 Sep 2009 | — | — | — | Div-Rs.5.50 Pr Sh/Bon 5:1purpose Revised |
| Dividend | 12 Sep 2008 | — | — | 2.50 | |
| Dividend | 27 Feb 2008 | 28 Feb 2008 | — | 1.50 | |
| Split | 21 Jan 2008 | 28 Jan 2008 | 5:1 | — | |
| Dividend | 06 Sep 2007 | — | — | 12.00 | NSE/BSE dividend mismatch: NSE=2.4; BSE=12.0 |
| Dividend | 06 Sep 2007 | — | — | 2.40 | NSE/BSE dividend mismatch: NSE=2.4; BSE=12.0 |
| Dividend | 05 Feb 2007 | 06 Feb 2007 | — | 1.20 | |
| Dividend | 14 Sep 2006 | — | — | 2.00 | |
| Dividend | 07 Jul 2005 | — | — | 2.00 | |
| Dividend | 03 Sep 2001 | — | — | 5.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update4 Aug from icra
-
Rating update7 Jul from care
-
Rating update10 Oct 2025 from icra
-
Rating update9 Oct 2025 from care
-
Rating update7 Apr 2025 from care
-
Rating update13 Jan 2025 from care
Conference Calls
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript