JINDAL STEEL LIMITED
JINDAL STEEL LIMITED (JINDALSTEL) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.
Commodities›Metals & Mining›Ferrous Metals›Iron & Steel
jindalsteel.in(opens the company website in a new tab)Key metrics
Price as of 2026-09-03
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Share price
NSE closing price from historical market data.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12,250 Cr | 11,701 Cr | 13,487 Cr | 13,618 Cr | 11,213 Cr | 11,751 Cr | 13,183 Cr | 12,294 Cr | 11,686 Cr | 13,027 Cr | 16,218 Cr | 15,482 Cr |
| Operating expenses (approx.) | 9,964 Cr | 8,859 Cr | 11,042 Cr | 10,779 Cr | 9,013 Cr | 9,567 Cr | 10,912 Cr | 9,289 Cr | 9,605 Cr | 11,393 Cr | 13,279 Cr | 12,822 Cr |
| EBITDA | 2,286 Cr | 2,843 Cr | 2,444 Cr | 2,839 Cr | 2,200 Cr | 2,184 Cr | 2,271 Cr | 3,006 Cr | 2,081 Cr | 1,634 Cr | 2,939 Cr | 2,660 Cr |
| OPM % | 18.7% | 24.3% | 18.1% | 20.8% | 19.6% | 18.6% | 17.2% | 24.4% | 17.8% | 12.5% | 18.1% | 17.2% |
| Other income | 32 Cr | 35 Cr | 34 Cr | 34 Cr | 35 Cr | 26 Cr | 72 Cr | 30 Cr | 22 Cr | 10 Cr | 266 Cr | 19 Cr |
| Interest | 329 Cr | 315 Cr | 321 Cr | 332 Cr | 326 Cr | 313 Cr | 342 Cr | 297 Cr | 371 Cr | 406 Cr | 442 Cr | 548 Cr |
| Depreciation | 604 Cr | 636 Cr | 995 Cr | 683 Cr | 696 Cr | 698 Cr | 691 Cr | 722 Cr | 750 Cr | 839 Cr | 862 Cr | 926 Cr |
| Profit before tax | 1,384 Cr | 1,927 Cr | 1,164 Cr | 1,859 Cr | 1,213 Cr | 1,199 Cr | 72 Cr | 2,018 Cr | 982 Cr | 339 Cr | 1,074 Cr | 1,205 Cr |
| Tax % | -0.4% | -0.1% | 19.8% | 28.0% | 29.1% | 20.7% | 522.8% | 25.9% | 35.3% | 44.4% | 3.1% | 30.0% |
| Net profit | 1,390 Cr | 1,928 Cr | 933 Cr | 1,338 Cr | 860 Cr | 951 Cr | -304 Cr | 1,496 Cr | 635 Cr | 189 Cr | 1,041 Cr | 844 Cr |
| EPS (₹) | ₹13.81 | ₹19.21 | ₹9.34 | ₹13.31 | ₹8.49 | ₹9.39 | ₹-3.35 | ₹14.73 | ₹6.28 | ₹1.87 | ₹10.27 | ₹8.30 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021 | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 39,372 Cr | 36,917 Cr | 38,989 Cr | 51,086 Cr | 52,711 Cr | 50,027 Cr | 49,765 Cr | 53,225 Cr | Sign in for TTM |
| Operating expenses (approx.) | 30,967 Cr | 29,064 Cr | 24,544 Cr | 35,572 Cr | 42,776 Cr | 39,826 Cr | 40,271 Cr | 43,565 Cr | Sign in for TTM |
| EBITDA | 8,406 Cr | 7,854 Cr | 14,444 Cr | 15,513 Cr | 9,935 Cr | 10,201 Cr | 9,494 Cr | 9,660 Cr | Sign in for TTM |
| OPM % | 21.3% | 21.3% | 37.0% | 30.4% | 18.8% | 20.4% | 19.1% | 18.1% | Sign in for TTM |
| Other income | 16 Cr | 26 Cr | 539 Cr | 50 Cr | 57 Cr | 157 Cr | 168 Cr | 328 Cr | Sign in for TTM |
| Interest | 4,264 Cr | 4,149 Cr | 3,093 Cr | 1,888 Cr | 1,446 Cr | 1,294 Cr | 1,312 Cr | 1,517 Cr | Sign in for TTM |
| Depreciation | 5,480 Cr | 3,867 Cr | 3,453 Cr | 2,097 Cr | 2,691 Cr | 2,822 Cr | 2,768 Cr | 3,171 Cr | Sign in for TTM |
| Profit before tax | -2,802 Cr | -246 Cr | 6,079 Cr | 12,158 Cr | 6,744 Cr | 6,241 Cr | 4,344 Cr | 4,413 Cr | Sign in for TTM |
| Tax % | 13.9% | -62.6% | 29.1% | 24.1% | 19.2% | 4.8% | 34.5% | 23.8% | Sign in for TTM |
| Net profit | -2,412 Cr | -400 Cr | 4,267 Cr | 6,766 Cr | 3,974 Cr | 5,943 Cr | 2,846 Cr | 3,361 Cr | Sign in for TTM |
| EPS (₹) | ₹-17.00 | ₹-1.08 | ₹35.63 | ₹56.40 | ₹39.07 | ₹59.15 | ₹27.83 | ₹33.12 | Sign in for TTM |
| Dividend payout % | — | — | — | 1.5% | 5.1% | 3.4% | 7.0% | 6.1% | Sign in for TTM |
Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021 | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 97 Cr | 102 Cr | 102 Cr | 101 Cr | 101 Cr | 100 Cr | 101 Cr | 102 Cr |
| Reserves | 32,331 Cr | 32,035 Cr | 31,713 Cr | 35,524 Cr | 38,606 Cr | 44,216 Cr | 47,084 Cr | 50,797 Cr |
| Borrowings | 34,766 Cr | 30,675 Cr | — | 12,862 Cr | 12,435 Cr | 15,896 Cr | 17,842 Cr | 22,038 Cr |
| Other liabilities | 22,693 Cr | 27,706 Cr | 46,026 Cr | 26,686 Cr | 17,973 Cr | 18,068 Cr | 20,578 Cr | 23,883 Cr |
| Total liabilities | 89,585 Cr | 89,742 Cr | 77,840 Cr | 76,644 Cr | 69,427 Cr | 78,715 Cr | 85,839 Cr | 97,762 Cr |
| Fixed assets (net) | 66,998 Cr | 67,219 Cr | — | 42,244 Cr | 40,804 Cr | 45,790 Cr | 47,402 Cr | 62,533 Cr |
| CWIP | 2,906 Cr | 1,975 Cr | — | 1,736 Cr | 7,106 Cr | 8,872 Cr | 15,518 Cr | 7,265 Cr |
| Investments | 156 Cr | 181 Cr | — | 470 Cr | 907 Cr | 819 Cr | 2,201 Cr | 3,168 Cr |
| Loans & advances | 257 Cr | 154 Cr | — | 125 Cr | 96 Cr | 64 Cr | 33 Cr | 26 Cr |
| Inventories | 6,510 Cr | 6,369 Cr | — | 7,281 Cr | 5,887 Cr | 7,077 Cr | 5,610 Cr | 8,023 Cr |
| Trade receivables | 3,029 Cr | 3,549 Cr | — | 1,264 Cr | 974 Cr | 1,665 Cr | 1,363 Cr | 1,729 Cr |
| Cash & bank | 197 Cr | 562 Cr | — | 3,505 Cr | 4,261 Cr | 3,306 Cr | 2,617 Cr | 1,890 Cr |
| Other assets | 9,533 Cr | 9,735 Cr | 77,840 Cr | 20,018 Cr | 9,392 Cr | 11,122 Cr | 11,096 Cr | 13,128 Cr |
| Total assets | 89,585 Cr | 89,742 Cr | 77,840 Cr | 76,644 Cr | 69,427 Cr | 78,715 Cr | 85,839 Cr | 97,762 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021 | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | — | — | 16,048 Cr | 7,276 Cr | 6,008 Cr | 10,824 Cr | 7,204 Cr |
| Cash from investing | — | — | — | -2,331 Cr | -4,018 Cr | -8,344 Cr | -12,323 Cr | -10,734 Cr |
| Cash from financing | — | — | — | -15,120 Cr | -2,500 Cr | 1,381 Cr | 809 Cr | 2,803 Cr |
| Net cash flow | — | — | — | -1,403 Cr | 757 Cr | -955 Cr | -689 Cr | -727 Cr |
| Free cash flow (OCF − Capex) | — | — | — | 13,103 Cr | 827 Cr | -2,509 Cr | 217 Cr | -2,370 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021 | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | 2.2% | 6.3% | 28.8% | 28.1% | 15.9% | 12.4% | 8.7% | 8.0% |
| ROE % | -5.1% | -0.3% | 11.4% | 20.9% | 8.1% | 13.3% | 5.9% | 6.5% |
| Debtor days | 28 | 35 | — | 9 | 7 | 12 | 10 | 12 |
| Inventory days | 155 | 163 | — | 140 | 96 | 131 | 98 | 119 |
| Days payable | 124 | 143 | — | 101 | 76 | 87 | 100 | 130 |
| Cash conversion cycle | 59 | 56 | — | 48 | 26 | 56 | 8 | 1 |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.36 | 0.32 | 0.36 | 0.38 | 0.43 |
| Current ratio | 0.66 | 0.68 | — | 0.99 | 1.00 | 1.11 | 1.06 | 1.25 |
| Net debt / EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 0.82 | 1.23 | 1.60 | 2.09 |
Compare with peers
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