Jindal Steel share price
NSE: JINDALSTELBSE: 532286Ferrous MetalsLarge Cap
Formerly Jindal Steel & Power
Last close ₹1,015.90down ₹21.10 (2.03%)BSE ₹1,012.00
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,037.00.
52-week range of traded prices to 23 Oct 2026
₹977.10Low, 9 Dec 2025₹1,306.20High, 21 Apr 2026
- Next results date: the board meets on 23 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,03,631 Cr87th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 24 Jul 2026
- 38.1
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹871 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 28.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 1 May 2026
- 2.0
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.20%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 24 Jul 2026
- 5.5%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹871 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 7.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 24 Jul 2026
- 8.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.43
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,10,43843.3% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Sep 2026, against the quarter beforeFiled 23 Oct
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹16,679 Crup 7.73%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹771 Crdown 8.67%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 4.6%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 4 of the 10 years shown
The years either side of a change of basis do not compare. From the year to Mar 2021, the company reports a discontinued business.
| ₹ crore | Dec 2024Filed 31 Jan | Mar 2025Filed 10 Jun | Jun 2025Filed 12 Aug | Sep 2025Filed 28 Oct | Dec 2025Filed 30 Jan | Mar 2026Filed 1 May | Jun 2026Filed 24 Jul | Sep 2026Filed 23 Oct |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11,751 | 13,183 | 12,294 | 11,686 | 13,027 | 16,218 | 15,482 | 16,679 |
| Net profit | 951 | −304 | 1,496 | 635 | 189 | 1,041 | 844 | 771 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 8.1% | −2.3% | 12.2% | 5.4% | 1.4% | 6.4% | 5.5% | 4.6% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, IRON & STEEL, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2021: days before it are of the company before the change.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 88% of 1,166 trading days over the last 5 years.
LowestHighest
Its median17.4Industry median14.9
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 73% of 1,898 trading days since Nov 2018.
LowestHighest
Its median1.5Industry median2.1
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.13.0
At or below today's level on 91% of 1,898 trading days since Nov 2018.
LowestHighest
Its median6.4Industry median8.1
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 67% of 2,477 trading days over the last 10 years.
LowestHighest
Its median0.00%Industry median0.60%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +22.2% | +19.0% | +2.5% | 0.2% |
| 3 years | +27.0% | +2.1% | +24.2% | 0.2% |
| 5 years | +26.8% | −1.5% | +28.4% | 0.3% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2021, Mar 2023, Mar 2025 and Mar 2026.
Mutual funds holding it
242 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 110 of the 131 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 3
- AddedAdded. Funds that held more shares than at the end of the month before.
- 76
- CutCut. Funds that held fewer shares than at the end of the month before.
- 55
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 105
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 2
| Fund | |||
|---|---|---|---|
 Kotak Flexi Cap FundKotak Mahindra Mutual Fund | 1,90,00,000 | 4.06% | ₹2,156.3 Cr |
 HDFC Mid Cap FundHDFC Mutual Fund | 1,47,00,000 | 1.64% | ₹1,668.3 Cr |
 ICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund | 73,48,590 | 2.64% | ₹834.0 Cr |
 SBI Aggressive Hybrid FundSBI Mutual Fund | 70,00,000 | 0.92% | ₹794.4 Cr |
| Kotak Large & Mid Cap FundKotak Mahindra Mutual Fund | 52,00,000 | 1.93% | ₹590.1 Cr |
| Kotak Mid Cap FundKotak Mahindra Mutual Fund | 51,96,793 | 0.89% | ₹589.8 Cr |
| SBI Large & Midcap FundSBI Mutual Fund | 47,00,000 | 1.32% | ₹533.4 Cr |
| HDFC Balanced Advantage FundHDFC Mutual Fund | 42,28,806 | 0.47% | ₹479.9 Cr |
 Aditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual Fund | 40,00,000 | 1.62% | ₹454.0 Cr |
| ICICI Prudential Multi Cap FundICICI Prudential Mutual Fund | 39,53,885 | 2.40% | ₹448.7 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Iron & Steel, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Jindal Steel in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 JSW SteelJSWSTEEL | 2,89,909 | 11.7 | 2.9 | 10.9 | +12.2% | +411.7% | 27.6% | 11.2% | 0.60% |
 Tata SteelTATASTEEL | 2,09,311 | 19.0 | 2.0 | 8.1 | +10.5% | +143.1% | 11.4% | 11.9% | 2.39% |
 Steel Authority of IndiaSAIL | 67,881 | 15.9 | 1.1 | 7.4 | +6.4% | +40.8% | 7.2% | 7.9% | 1.43% |
 Jindal StainlessJSL | 56,671 | 17.0 | 2.7 | 10.6 | +11.7% | +20.6% | 17.0% | 16.0% | 0.58% |
 Sarda Energy & MineralsSARDAEN | 15,644 | 13.8 | 2.1 | 9.5 | +5.9% | +20.8% | 16.5% | 14.6% | 0.45% |
 NMDC SteelNSLNISP | 11,007 | 131.6 | 0.8 | 9.8 | +41.6% | – | 0.6% | 2.7% | 0.00% |
 Vedanta Iron and SteelVISL | 10,253 | – | – | – | – | – | – | – | 0.00% |
 Sandur Manganese & Iron OresSANDUMA | 7,611 | 10.6 | 2.3 | 6.8 | +45.2% | +45.7% | 24.5% | 24.4% | 0.32% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹3.00 a share, year to Mar 2022.
| Ex-date | Type | Per share |
|---|---|---|
| 21 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 22 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 22 Aug 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 18 Aug 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 20 Sep 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 16 Mar 2022 | Interim | ₹1.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
19 Oct · Analysts
Sep 2026
15 Sep · Analysts
Jindal Steel share price by year
Each calendar year to 2025.Jindal Steel share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,053.80 | +13.2% | 1,087.80 | 776.35 |
| 2024 | 930.70 | +24.4% | 1,077.70 | 694.65 |
| 2023 | 748.10 | +28.8% | 748.10 | 509.85 |
| 2022 | 580.60 | +53.9% | 589.35 | 307.45 |
| 2021 | 377.25 | +41.6% | 490.20 | 261.75 |
| 2020 | 266.45 | +58.9% | 285.60 | 63.15 |
| 2019 | 167.70 | +1.7% | 189.35 | 92.80 |
| 2018 | 164.90 | −19.6% | 290.75 | 145.65 |
| 2017 | 205.05 | +196.3% | 205.05 | 70.35 |
| 2016 | 69.20 | −28.1% | 95.90 | 53.40 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 1,034.00 | 1,034.00 | 1,004.90 | 1,015.90 | 1,017.24 | 7,10,438 | 43.3% |
| 22 Oct 2026 | 1,016.00 | 1,040.00 | 1,000.80 | 1,037.00 | 1,028.84 | 8,39,166 | 42.8% |
| 21 Oct 2026 | 1,044.00 | 1,047.60 | 1,018.30 | 1,028.00 | 1,025.46 | 11,62,099 | 60.0% |
| 19 Oct 2026 | 1,042.00 | 1,053.80 | 1,032.70 | 1,041.80 | 1,045.51 | 9,35,822 | 50.3% |
| 16 Oct 2026 | 1,039.00 | 1,053.90 | 1,028.20 | 1,045.20 | 1,045.01 | 11,04,364 | 45.1% |
| 15 Oct 2026 | 1,025.00 | 1,037.30 | 1,014.90 | 1,030.00 | 1,030.46 | 9,26,140 | 55.3% |
| 14 Oct 2026 | 1,034.00 | 1,035.40 | 1,020.00 | 1,029.20 | 1,026.07 | 5,15,741 | 41.7% |
| 13 Oct 2026 | 1,012.50 | 1,031.70 | 1,003.50 | 1,031.70 | 1,020.41 | 5,47,653 | 43.4% |
| 12 Oct 2026 | 1,026.00 | 1,040.00 | 1,005.40 | 1,012.50 | 1,018.91 | 12,74,101 | 52.4% |
| 9 Oct 2026 | 1,014.70 | 1,029.20 | 1,006.10 | 1,016.70 | 1,017.06 | 13,88,342 | 40.7% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 7 Apr 2020 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 19 Feb 2015 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 14 Sep 2009 | Bonus | 0.1667 | Holders received 5 bonus shares for every 1 held. |
| 21 Jan 2008 | Split | 0.2000 | Each share became 5. |
| 21 Jan 2008 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 31 Oct 2007 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
About Jindal Steel
Jindal Steel Limited is an Indian steel manufacturer. It makes long products, such as TMT rebars, rails, structural sections and wire rods, and flat products, such as hot rolled coils, cold rolled coils and plates. It sells TMT rebars under the Jindal Panther brand. Its customers are in infrastructure, construction, automotive, engineering and energy.
The business is integrated, running from mining, beneficiation and pelletisation to iron making, steelmaking, rolling and power generation. Its crude steel production capacity is 15.6 million tonnes a year. Angul in Odisha has 12.0 million tonnes of that capacity and Raigarh in Chhattisgarh has 3.6 million tonnes. Patratu in Jharkhand is its long products hub, making TMT rebars and wire rods. The Angul plant also makes flat steel for sectors such as defence, shipbuilding and heavy engineering.
Pellet facilities operate at Barbil and Angul. Captive iron ore resources at Tensa, Kasia and Roida-I support a significant portion of its raw material needs. The company also owns thermal and coking coal blocks in India and overseas.
In the year to March 2026, the company commissioned Phase II of its Angul Integrated Steel Plant, which includes a 4.6 MTPA blast furnace and two 3 MTPA basic oxygen furnaces. Shri Om Prakash Jindal is its Founder Chairman, and Naveen Jindal is the current Chairman. Smt. Savitri Jindal is Chairperson Emeritus. The corporate office is at Jindal Centre, Bhikaiji Cama Place, New Delhi.
- Legal name
- JINDAL STEEL LIMITED
- NSE symbol
- JINDALSTEL
- BSE code
- 532286
- ISIN
- INE749A01030
- Industry
- Ferrous Metals
- Listed
- Dec 1999 on NSE, Jan 2000 on BSE
- Face value
- ₹1
- CIN
- L27105HR1979PLC009913
- Corporate identity number, the registrar of companies' code for it
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