Jindal Steel Ltd (JINT)

Currency in INR
1,060.00
+11.90(+1.14%)
Closed·
JINDALSTEL is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
1,042.301,062.90
52 wk Range
977.101,306.20
Key Statistics
Bid/Ask
1,060.00 / 1,060.00
Prev. Close
1,060
Open
1,051
Day's Range
1,042.3-1,062.9
52 wk Range
977.1-1,306.2
Volume
766.84K
Average Volume (3m)
929.79K
1-Year Change
-0.9901%
Fair Value
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Fair Value Upside
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JINDALSTEL Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
1,210.34
Upside
+14.18%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple

Jindal Steel Ltd News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

23 Buy
4 Hold
4 Sell
Ratings:
31 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 1,210.34
(+14.18% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Goldman Sachs
Hold1,260.00+18.87%1,240.00MaintainOct 09, 2026
Nomura/Instinet
Buy1,300.00+22.64%1,350.00MaintainJul 28, 2026
Macquarie
Buy1,211.00+14.25%1,321.00MaintainJul 28, 2026
ICICI Securities
Buy1,254.00+18.30%1,300.00MaintainJul 27, 2026
UBS
Hold1,300.00+22.64%-New CoverageJun 15, 2026

Jindal Steel Ltd Earnings Call Summary for Q2/2027

  • Jindal Steel reported record Q2 FY27 gross revenue of INR 19,438 crore; net revenue rose 43% YoY to INR 16,704 crore, EBITDA up 34% to INR 2,504 crore.
  • Stock fell 2.22% to $1,014 as profit after tax declined to INR 771 crore from INR 844 crore prior quarter amid rising raw material and freight costs.
  • Net debt reduced by INR 1,141 crore; debt-to-EBITDA improved to 1.51x from 1.71x, with cash reserves at INR 7,237 crore strengthening balance sheet.
  • Management targets 11M tons steel production for FY27; new slurry pipeline to save INR 700/ton, 2M-ton DRI plant and gasifiers due June 2027.
  • Company shifting product mix to 65% flat products from 60%, targeting INR 1 lakh crore annual sales amid expected Q3 coking coal cost increases.
Last Updated: 2026-10-23, 08:00 a/m
Read Full Transcript

Earnings

Latest Release
Oct 23, 2026
EPS / Forecast
7.60 / 8.34
Revenue / Forecast
166.79B / 154.99B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 28.05
Dividend Yield
0.19%
Industry Median 1.09%
Annualized payout
2.00
Paid unevenly
5-Years Growth
-
Growth Streak

JINDALSTEL Income Statement

Compare JINDALSTEL to Peers and Sector

Metrics to compare
JINDALSTEL
Peers
Sector
Relationship
P/E Ratio
37.9x16.4x3.9x
PEG Ratio
10.370.120.00
Price/Book
2.1x2.1x1.6x
Price / LTM Sales
1.8x1.0x1.2x
Upside (Analyst Target)
14.3%26.9%51.1%
Fair Value Upside
Unlock3.6%5.1%Unlock

Jindal Steel Limited manufactures steel in India and internationally. It offers TMT rebars under the Jindal Panther brand; structural sections, rails, wire rods, round bars, and cut and bend rebars; and flat products, such as hot rolled coils, cast rounds, cold rolled and coated products, plates and coils, rockhard plates, and hollow sections. The company also provides semi-finished and specialized products, including cathode bars, fabricated sections, track shoes, sheet piles, sin beams, and value-added billets and blooms. In addition, it is involved in design and manufacturing of EOT and gantry cranes for steel plants, ports, infrastructure, and heavy engineering applications; manufactures pressure-retaining equipment for high-pressure and high-temperature industrial applications; and manufactures ferrous cast components for metallurgical and thermal processing industries. Further, the company engages in the operation of iron ore mines in Kasia, Roida, and Tensa in India; coal assets; pellet plants; and captive power facilities. It serves infrastructure, distribution, automotive, defense, building and construction, and engineering and packing. The company was formerly known as Jindal Steel & Power Limited and changed its name to Jindal Steel Limited in July 2025. Jindal Steel Limited was incorporated in 1979 and is based in New Delhi, India.

Employees
5796
Market
India

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
224.20M21.98%233.15B
Other Institutional Investors
607.55M59.56%631.79B
Public Companies & Retail Investors
188.34M18.46%195.85B
Total
1.02B100.00%1.06T

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Opj Trading Private Limited18.47%188,413,667195,931,372
Opelina Sustainable Services Private Limited14.42%147,084,173152,952,832

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FAQ

What Is the Jindal Steel (JINDALSTEL) Stock Price Today?

The Jindal Steel stock price today is 1,060.00 INR.

What Stock Exchange Does Jindal Steel Trade On?

Jindal Steel is listed and trades on the India National Stock Exchange.

What Is the Stock Symbol for Jindal Steel?

The stock symbol for Jindal Steel is "JINDALSTEL."

Does Jindal Steel Pay Dividends? What’s The Current Dividend Yield?

The Jindal Steel dividend yield is 0.2%%.

What Is the Jindal Steel Market Cap?

As of today, Jindal Steel market cap is 1.08T INR.

What Is Jindal Steel's Earnings Per Share (TTM)?

The Jindal Steel EPS (TTM) is 28.05.

When Is the Next Jindal Steel Earnings Date?

Jindal Steel will release its next earnings report on Feb 14, 2027.

From a Technical Analysis Perspective, Is JINDALSTEL a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Jindal Steel Stock Split?

Jindal Steel has split 4 times.

How Many Employees Does Jindal Steel Have?

Jindal Steel has 5796 employees.

What is the current trading status of Jindal Steel (JINDALSTEL)?

As of Oct 29, 2026, Jindal Steel (JINDALSTEL) is trading at a price of 1,060.00 INR, with a previous close of 1,060.00 INR. The stock has fluctuated within a day range of 1,042.30 INR to 1,062.90 INR, while its 52-week range spans from 977.10 INR to 1,306.20 INR.

What Is Jindal Steel (JINDALSTEL) Price Target According to Analysts?

The average 12-month price target for Jindal Steel is 1,210.34 INR, with a high estimate of 1400 INR and a low estimate of 620 INR. 23 analysts recommend buying the stock, while 4 suggest selling, leading to an overall rating of Buy. The stock has an +14.18% Upside potential.
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