Jindal Steel Key Ratios
NSE: JINDALSTEL | BSE: 532286
₹1,179.20
As on 28-Aug-2026IST
Market cap
₹1,19,605 Cr
Revenue (TTM)
₹56,413 Cr
P/E Ratio
44
P/B Ratio
2.3
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -4.54 | 25.93 | 16.45 | 2.59 | 7.87 |
| EBIT | -16.53 | -24.09 | -13.37 | -2.68 | -15.03 |
| Net Profit | -53.88 | -43.45 | 261.57 | -18.14 | -15.80 |
| EPS | -19.16 | -43.47 | -8.62 | -2.18 | -4.84 |
| Book Value | -- | -- | 7.28 | 8.99 | 9.84 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 7.85 | 15.64 | 10.53 | 11.10 | 13.18 |
| Net Margin
| 7.31 | 9.15 | 4.80 | 6.18 | 5.66 |
| Return on equity
| 8.61 | 12.12 | 7.03 | 6.88 | 6.24 |
| Return on Capital
| 11.70 | 13.25 | -- | 8.92 | 9.40 |
| Return on Assets
| 5.08 | 5.75 | 2.97 | 3.38 | 3.21 |
| Debt to Equity (x)
| -- | -- | 0.38 | 0.43 | 0.38 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
--
|
8.92
|
9.40
|
13.92
|
12.25
|
|
Peer Median
|
--
|
13.88
|
14.07
|
--
|
--
|
ROE
7.03
Lower than Peers by 3.61
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
7.03
|
6.88
|
6.24
|
14.35
|
8.59
|
|
Peer Median
|
10.65
|
9.58
|
12.37
|
--
|
--
|
ROA
2.97
Lower than Peers by 1.52
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
2.97
|
3.38
|
3.21
|
7.47
|
4.15
|
|
Peer Median
|
4.49
|
5.36
|
7.53
|
--
|
--
|
EBIT Margin
10.53
Higher than Peers by 2.47
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
10.53
|
11.10
|
13.18
|
14.66
|
13.45
|
|
Peer Median
|
8.06
|
8.84
|
8.78
|
--
|
--
|
Net Margin
4.80
Lower than Peers by 0.52
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
4.80
|
6.18
|
5.66
|
11.79
|
6.01
|
|
Peer Median
|
5.32
|
6.18
|
6.53
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
--
|
10.47
|
9.64
|
15.06
|
7.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
16.45
Higher than Peers by 11.87
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
16.45
|
6.95
|
-0.52
|
-5.09
|
3.18
|
|
Peer Median
|
4.59
|
11.70
|
3.51
|
--
|
--
|
EBIT Growth
-13.37
Lower than Peers by 28.27
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
-13.37
|
-9.91
|
-10.54
|
3.42
|
-46.22
|
|
Peer Median
|
14.90
|
32.20
|
2.75
|
--
|
--
|
Net Profit Growth
261.57
Higher than Peers by 241.00
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
261.57
|
18.10
|
-52.12
|
86.12
|
-61.46
|
|
Peer Median
|
20.56
|
29.90
|
-1.04
|
--
|
--
|
EPS Growth
-8.62
Lower than Peers by 24.45
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
-8.62
|
19.07
|
-53.09
|
87.58
|
-48.83
|
|
Peer Median
|
15.84
|
35.22
|
-1.70
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
--
|
7.89
|
6.50
|
14.08
|
8.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.38
Higher than Peers by 0.26
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
0.38
|
0.43
|
0.38
|
0.36
|
0.32
|
|
Peer Median
|
0.12
|
0.25
|
0.35
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
--
|
0.01
|
0.05
|
0.08
|
0.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.25
Lower than Peers by 0.10
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
1.25
|
1.18
|
1.04
|
1.08
|
1.00
|
|
Peer Median
|
1.35
|
1.49
|
1.48
|
--
|
--
|
Quick Ratio
0.81
Higher than Peers by 0.21
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
0.81
|
0.87
|
0.81
|
0.76
|
0.72
|
|
Peer Median
|
0.60
|
0.76
|
0.73
|
--
|
--
|
Interest Coverage
3.04
Lower than Peers by 1.21
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
3.04
|
3.56
|
3.84
|
5.17
|
3.77
|
|
Peer Median
|
4.25
|
3.59
|
4.94
|
--
|
--
|
Operating Efficiency
Debtors to sales
3.06
Lower than Peers by 6.24
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
3.06
|
3.25
|
2.74
|
3.33
|
1.85
|
|
Peer Median
|
9.31
|
10.13
|
11.58
|
--
|
--
|
Asset Turnover
0.61
Lower than Peers by 0.38
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
0.61
|
0.63
|
0.66
|
0.73
|
1.07
|
|
Peer Median
|
1.00
|
1.08
|
1.13
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
--
|
9.04
|
9.49
|
8.28
|
4.97
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
--
|
39.87
|
39.79
|
40.66
|
29.26
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
--
|
103.73
|
61.56
|
34.81
|
53.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
--
|
-54.81
|
-12.28
|
14.13
|
-19.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
44.00
Higher than Peers by 18.12
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
44.00
|
33.62
|
32.82
|
14.34
|
17.29
|
|
Peer Median
|
25.88
|
25.88
|
25.84
|
--
|
--
|
Price / Book Value
2.32
Lower than Peers by 0.12
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
2.32
|
2.23
|
1.96
|
1.93
|
1.42
|
|
Peer Median
|
2.44
|
2.84
|
2.59
|
--
|
--
|
Dividend Yield
0.17
Lower than Peers by 0.13
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
0.17
|
0.18
|
0.22
|
0.24
|
0.37
|
|
Peer Median
|
0.30
|
0.29
|
0.40
|
--
|
--
|
EV/EBITDA
14.28
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
14.28
|
12.86
|
10.72
|
9.19
|
6.16
|
|
Peer Median
|
--
|
19.42
|
16.36
|
--
|
--
|
Market Cap
1,19,605
Higher than Peers by 1,13,389
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
1,19,605
|
1,13,209
|
92,279
|
85,151
|
54,888
|
|
Peer Median
|
6,217
|
3,849
|
3,320
|
--
|
--
|