Jindal Steel financials

·Metal & MiningChart ›
Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹16,679cr+42.7% on Q2 FY26
Net profit
₹771cr+21.3% on Q2 FY26
EBITDA margin
15.4%−2.4 pts on Q2 FY26
EPS
₹7.61+21.2% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue16,67911,686+42.7%
EBITDA2,5722,081+23.6%
EBITDA margin15.4%17.8%−2.4 pts
Profit before tax1,084982+10.4%
Net profit771635+21.3%
EPS₹7.61₹6.28+21.2%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹16,679 crNet profit₹771 crNet margin4.6%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
1,06,644————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
5,9893,9974,3223,9765,026
1,349942234435313
22,03822,03817,84215,89612,435
1,24,041————
61,40553,22549,76550,02752,711
—+7.0%−0.5%−5.1%—
9,8059,6609,49410,2019,935
16.0%18.2%19.1%20.4%18.9%
6,2326,4886,7277,3797,244
2,8443,3612,8465,9433,974
4.6%6.3%5.7%11.9%7.5%
₹28.05₹33.09₹27.64₹58.36₹31.19
—+19.7%−52.6%+87.1%—
—7,20410,8246,0087,276
—−9,574−10,607−8,517−6,448
−2,370−2,370217−2,509827
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

JINDALSTEL₹1,048.10

Jindal Steel Ltd.

· Metal & Mining
₹ CrorePeersTATASTEELJSWSTEELSAILHINDZINCVEDLHINDALCOADANIENTNMDCMcap ₹1.07L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————1,06,644.2
- Cash, Equiv & ST Investments5,025.93,976.14,322.33,996.85,989.4
+ Minority Interest312.5434.6234.4942.11,348.5
+ Total Debt12,435.315,896.317,842.022,037.922,037.9
Enterprise Value————1,24,041.2
Revenue52,711.250,026.849,765.053,224.961,405.2
Growth %, YoY—-5.1-0.5+7.0—
EBITDA9,934.910,200.89,494.29,659.59,805.5
Margin %18.8520.3919.0818.1515.97
EBIT7,243.97,379.06,726.66,488.16,232.0
Net Income3,974.15,943.32,845.73,360.92,844.3
Margin %7.5411.885.726.314.63
EPS, Adj (current shares)31.1958.3627.6433.0928.05
Growth %, YoY—+87.1-52.6+19.7—
Cash from Operations7,275.56,008.410,824.07,204.2—
Capital Expenditures-6,448.5-8,517.1-10,607.1-9,574.2—
Free Cash Flow827.0-2,508.7216.9-2,369.9-2,369.9
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Jindal Steel financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Jindal Steel (NSE: JINDALSTEL) had a market capitalisation of ₹1,07,908 crore at the 29 October 2026 close (₹1,060.00 a share), a PE ratio of 37.8 on the last four quarters' profit and a price-to-book ratio of 2.06. In FY26 its consolidated net profit attributable to shareholders was ₹3,367 crore on revenue of ₹53,225 crore; in Q2 FY27 (July–September 2026) it was ₹774 crore, up 21.3% year on year. Its debt-to-equity ratio was 0.41 on 30 September 2026. Promoters held 62.69% of the shares on 30 September 2026.

Jindal Steel Q2 FY27 results
filed 23 October 2026
Share price used
₹1,060.00 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Jindal Steel at a glance · consolidated

Market cap
₹1,07,908 Crat ₹1,060.00 · 29 Oct close
PE ratio (last 4 quarters)
37.832.0 on FY26 profit
Price to book (PB)
2.06book value ₹514.41 a share
ROE (FY26)
6.9%+0.7 pts vs FY25ROCE 8.7%
Debt to equity
0.41net debt ₹14,554 Cr
Promoter holding
62.69%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.19%₹2 a share in 12 months
Net worth
₹52,367 Cr+5.5% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹2,370 Cr

Questions

What is the Jindal Steel PE ratio today?

Jindal Steel's PE ratio is 37.8 at the 29 October 2026 close (₹1,060.00 a share): a market capitalisation of ₹1,07,908 crore divided by consolidated net profit attributable to shareholders of ₹2,854 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹3,367 crore) it is 32.0. These four quarters include net exceptional items of −₹871 crore (one-off charges reported separately), so the ratio on recurring profit would differ.

What is the Jindal Steel PB ratio (price to book value)?

Jindal Steel's price-to-book (PB) ratio is 2.06 at the 29 October 2026 close: a market capitalisation of ₹1,07,908 crore divided by shareholders' equity (book value) of ₹52,367 crore on 30 September 2026. That is a book value of ₹514.41 per share against a share price of ₹1,060.00.

What is the Jindal Steel ROE and ROCE?

In FY26, Jindal Steel's return on equity (ROE) was 6.9% and its return on capital employed (ROCE) was 8.7%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 6.2% and ROCE 10.2%.

What is the Jindal Steel market cap?

Jindal Steel's market capitalisation was ₹1,07,908 crore (₹1.08 lakh crore) at the 29 October 2026 close: 101.8 crore shares at ₹1,060.00 each.

What is the Jindal Steel EPS?

Jindal Steel's basic earnings per share (EPS) were ₹33.12 in FY26, against ₹27.83 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹28.05.

What is the Jindal Steel dividend in 2026 and its record date?

In 2026, Jindal Steel has declared one dividend: ₹2 with record date 21 August 2026.

Is Jindal Steel debt free?

No. Jindal Steel had borrowings of ₹21,791 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.41. Its cash and current investments were ₹7,237 crore, so its net debt was ₹14,554 crore.

What is the Jindal Steel debt to equity ratio?

Jindal Steel's debt-to-equity ratio was 0.41 on 30 September 2026: borrowings of ₹21,791 crore against total equity of ₹53,715 crore. A year earlier, on 30 September 2025, it was 0.37.

What is the Jindal Steel promoter holding?

Promoters held 62.69% of Jindal Steel on 30 September 2026, unchanged from the previous quarter and up 0.32 percentage points from 62.37% a year earlier, according to the shareholding pattern filed with NSE.

What is the Jindal Steel net worth?

Jindal Steel's net worth — shareholders' equity in its consolidated balance sheet — was ₹52,367 crore on 30 September 2026, up 5.5% from ₹49,619 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,07,908 crore at the 29 October 2026 close.

What are the Jindal Steel latest quarterly results?

Jindal Steel's latest results are for Q2 FY27 (July–September 2026), filed on 23 October 2026: consolidated net profit attributable to shareholders ₹774 crore, up 21.3% from ₹638 crore in Q2 FY26; revenue from operations ₹16,679 crore, up 42.7% year on year.

What is the Jindal Steel revenue and profit in FY26?

In FY26 (April 2025–March 2026), Jindal Steel's consolidated net profit attributable to shareholders was ₹3,367 crore, up 19.7% from ₹2,812 crore in FY25, on revenue from operations of ₹53,225 crore (up 7.0%). Over three years, from FY23, net profit was up 6.1%.

What is the Jindal Steel book value per share?

Jindal Steel's book value per share was ₹514.41 on 30 September 2026: shareholders' equity of ₹52,367 crore divided by the 101.8 crore shares in issue, up 5.5% from ₹487.65 a year earlier. The share price at the 29 October 2026 close was ₹1,060.00.

What is the Jindal Steel dividend yield?

Jindal Steel's dividend yield is 0.19% at the 29 October 2026 close: dividends of ₹2 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,060.00. They were ₹2 on 21 August 2026.

What is the Jindal Steel free cash flow?

In FY26, Jindal Steel generated ₹7,204 crore of cash from operations and spent ₹9,574 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹2,370 crore. In FY25 it was ₹217 crore.

What is the Jindal Steel shareholding pattern?

On 30 September 2026, Jindal Steel's shares were held by promoters 62.69%, foreign portfolio investors (FII/FPI) 8.75%, domestic institutions (DII) 19.70% (including mutual funds at 15.57%) and retail and other non-institutional investors 8.65%. Over the year, FII holding was down 0.68 percentage points from 9.43% and DII holding was up 0.96 percentage points from 18.74%.

When are the Jindal Steel next results?

Jindal Steel has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

How does the Jindal Steel PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Jindal Steel's PE ratio is 32.0, the highest of the four: Tata Steel 19.6, JSW Steel 13.7 and SAIL 19.7, a peer average of 17.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does Jindal Steel compare with its peers?

On FY26 consolidated figures, against Tata Steel, JSW Steel and SAIL: Jindal Steel's operating margin of 12.2% is the highest of the four (Tata Steel 9.7%, JSW Steel 10.9%, SAIL 5.4%; peer average 8.7%); its return on equity of 6.9% is the third highest of the four (Tata Steel 11.2%, JSW Steel 24.9%, SAIL 5.7%; peer average 13.9%); its revenue growth over three years of 0.3% a year is the third highest of the four (Tata Steel −1.6% a year, JSW Steel 3.8% a year, SAIL 2.0% a year; peer average 1.4% a year).

Jindal Steel vs Tata Steel: how do they compare?

In FY26, Jindal Steel earned net profit attributable to shareholders of ₹3,367 crore on revenue of ₹53,225 crore, against ₹10,794 crore on ₹2,32,140 crore for Tata Steel. Jindal Steel's operating margin was 12.2% (Tata Steel 9.7%) and its return on equity 6.9% (Tata Steel 11.2%). At the 29 October 2026 close, Jindal Steel's market capitalisation was ₹1,07,908 crore against ₹2,11,391 crore for Tata Steel, and its PE ratio on FY26 profit 32.0 against 19.6.

Where do these Jindal Steel figures come from?

From Jindal Steel's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.