Jindal Steel Key Ratios
NSE: JINDALSTEL | BSE: 532286
₹1,165.00
As on 06-Nov-2026IST
Market cap
₹1,18,106 Cr
Revenue (TTM)
₹61,405 Cr
P/E Ratio
41.4
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 | 7.73 | 42.72 | 25.54 | 6.40 | 6.85 |
| EBIT | -6.25 | 22.08 | -6.73 | -2.90 | -16.78 |
| Net Profit | -8.33 | 21.34 | 252.29 | -5.34 | -18.18 |
| EPS | -8.35 | 21.28 | 3.90 | -11.42 | -16.02 |
| 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 | 10.15 | 11.10 | 13.18 |
| Net Margin
| 7.31 | 9.15 | 4.63 | 6.18 | 5.66 |
| Return on equity
| 8.61 | 12.12 | 7.11 | 6.88 | 6.24 |
| Return on Capital
| 11.70 | 13.25 | -- | 8.92 | 9.40 |
| Return on Assets
| 5.08 | 5.75 | 2.99 | 3.38 | 3.21 |
| Debt to Equity (x)
| -- | -- | 0.37 | 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
7.11
Lower than Peers by 3.12
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
7.11
|
6.88
|
6.24
|
14.35
|
8.59
|
|
Peer Median
|
10.23
|
11.44
|
12.37
|
--
|
--
|
ROA
2.99
Lower than Peers by 2.54
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
2.99
|
3.38
|
3.21
|
7.47
|
4.15
|
|
Peer Median
|
5.52
|
5.36
|
7.53
|
--
|
--
|
EBIT Margin
10.15
Higher than Peers by 1.77
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
10.15
|
11.10
|
13.18
|
14.66
|
13.45
|
|
Peer Median
|
8.38
|
9.73
|
8.78
|
--
|
--
|
Net Margin
4.63
Lower than Peers by 0.88
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
4.63
|
6.18
|
5.66
|
11.79
|
6.01
|
|
Peer Median
|
5.52
|
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
25.54
Higher than Peers by 20.46
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
25.54
|
6.95
|
-0.52
|
-5.09
|
3.18
|
|
Peer Median
|
5.07
|
12.70
|
3.51
|
--
|
--
|
EBIT Growth
-6.73
Lower than Peers by 21.63
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
-6.73
|
-9.91
|
-10.54
|
3.42
|
-46.22
|
|
Peer Median
|
14.90
|
26.08
|
2.75
|
--
|
--
|
Net Profit Growth
252.29
Higher than Peers by 232.46
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
252.29
|
18.10
|
-52.12
|
86.12
|
-61.46
|
|
Peer Median
|
19.84
|
40.22
|
-1.04
|
--
|
--
|
EPS Growth
3.90
Lower than Peers by 11.34
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
3.90
|
19.07
|
-53.09
|
87.58
|
-48.83
|
|
Peer Median
|
15.24
|
39.61
|
-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
0.37
Higher than Peers by 0.24
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
0.37
|
0.43
|
0.38
|
0.36
|
0.32
|
|
Peer Median
|
0.13
|
0.37
|
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 0.17
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
|
1.42
|
1.47
|
1.48
|
--
|
--
|
Quick Ratio
0.80
Higher than Peers by 0.18
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
0.80
|
0.87
|
0.81
|
0.76
|
0.72
|
|
Peer Median
|
0.62
|
0.69
|
0.73
|
--
|
--
|
Interest Coverage
2.89
Lower than Peers by 1.59
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
2.89
|
3.56
|
3.84
|
5.17
|
3.77
|
|
Peer Median
|
4.49
|
4.21
|
4.94
|
--
|
--
|
Operating Efficiency
Debtors to sales
1.94
Lower than Peers by 8.19
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
1.94
|
3.25
|
2.74
|
3.33
|
1.85
|
|
Peer Median
|
10.13
|
10.02
|
11.58
|
--
|
--
|
Asset Turnover
0.64
Lower than Peers by 0.29
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
0.64
|
0.63
|
0.66
|
0.73
|
1.07
|
|
Peer Median
|
0.93
|
0.88
|
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
41.38
Higher than Peers by 19.63
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
|
41.38
|
33.62
|
32.82
|
14.34
|
17.29
|
|
Peer Median
|
21.75
|
24.09
|
25.84
|
--
|
--
|
Price / Book Value
2.26
Lower than Peers by 0.36
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
|
2.26
|
2.23
|
1.96
|
1.93
|
1.42
|
|
Peer Median
|
2.62
|
2.62
|
2.59
|
--
|
--
|
Dividend Yield
0.17
Lower than Peers by 0.35
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
|
0.52
|
0.35
|
0.40
|
--
|
--
|
EV/EBITDA
13.51
--
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
|
13.51
|
12.86
|
10.72
|
9.19
|
6.16
|
|
Peer Median
|
--
|
19.11
|
16.36
|
--
|
--
|
Market Cap
1,18,106
Higher than Peers by 1,11,209
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Jindal Steel
|
1,18,106
|
1,13,209
|
92,279
|
85,151
|
54,888
|
|
Peer Median
|
6,897
|
3,507
|
3,320
|
--
|
--
|