Jindal Steel Ltd.
Fundamentals
- Market cap
- ₹1.08 lakh cr
- P/E
- 32.10×
- ROE
- 5.96%
- Debt / equity
- 0.38
- Div yield
- 0.18%
- 52-week range
- 914.60 — 1306.20
Analysis — the numbers vs the call
- Jindal Steel's unexplained iron ore drop mars value-add gains
Volume fell 15% on shutdowns but per-tonne earnings jumped to ₹11,937. A 12-point captive iron ore swing with no explanation raises questions.
Company snapshot
Jindal Steel Ltd.
Steel
₹1.06 L cr
P/E 38.88×
Latest quarter · Jun 2026
Sales₹15,482 cr
Net profit₹844 cr
Op. margin+17.2%
EPS₹8.30
Strength & growth
Debt / equity0.38×
Current ratio1.04×
Sales CAGR+11.1%
The timeline — 3 notes on Jindal Steel Ltd.
July 2026
- 25 Jul 26 · 2:31 PM IST Brief Brief · Earnings · Mega cap
Jindal Steel's Q1 volume dips 15% on shutdowns, EBITDA/ton improves
Revenue fell 8% sequentially as maintenance shutdowns hit output, but a richer product mix drove per-tonne earnings higher. Management targets FY27 production of 11-11.5mt and capex of ₹8,500cr.
- 11 Jul 26 · 6:17 PM IST Lead Lead · Mega cap
Jindal Steel CEO quits suddenly, no successor named
Gautam Malhotra's departure effective July 15 leaves a leadership vacuum at the ₹1,08,078 cr steelmaker.
- 01 Jul 26 · 11:29 AM IST Brief Brief · Credit · Mega cap
CARE upgrades Jindal Steel to AA+, stable outlook
One-notch upgrade from AA reflects improved credit profile and deleveraging. Short-term rating reaffirmed at A1+. Impact on borrowing costs is modest, and the move was widely anticipated.