Jindal Steel Ltd (JINDALSTEL) — shareholding pattern, promoter holding, financials and share price
About Jindal Steel Ltd (JINDALSTEL)
Jindal Steel Ltd operates in the Iron & Steel industry, within the Metals & Mining sector. It trades on the NSE as JINDALSTEL and on the BSE under scrip code 532286. Its ISIN is INE749A01030.
Jindal Steel & Power Ltd is one of the India's leading steel producers with significant presence in sectors like steel and mining. The group has global presence through subsidiaries, mainly in Australia, Botswana, Indonesia, Mauritius, Mozambique, Madagascar, Namibia, South Africa, Tanzania and Zambia. [1]
Jindal Steel Limited is a major Indian integrated primary steel producer with extensive manufacturing and mining operations. It is part of the O.P. Jindal Group, offering a diverse product portfolio including TMT bars, plates, coils, and more.
The company is undergoing significant capacity expansion, particularly at its Angul facility, with targets to increase output across iron-making, steel, and finished steel capacities, highlighting a strategic growth focus.
Listed peers in Iron & Steel: Steel Authority of India Ltd, Jindal Stainless Ltd, Sarda Energy & Minerals Ltd, Vedanta Iron & Steel Ltd, NMDC Steel Ltd, Jai Balaji Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹1,052.75 a share on 10 Jul 2026, Jindal Steel Ltd (JINDALSTEL) was valued at a price-to-earnings ratio of 31.95x against an industry P/E of 24.95x and a price-to-book of 2.28x on a book value of ₹462.56 per share as of Mar 2025. Solomo computes return on equity of 7.12% and return on capital employed of 9.04% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 31.95x
- Industry P/E
- 24.95x
- P/B
- 2.28x
- EPS (TTM)
- ₹32.95
- Book value / share
- ₹462.56
- ROE
- 7.12%
- ROCE
- 9.04%
- ROA
- 3.92%
- Debt / equity
- 0.39x
- Dividend yield
- 0.19%
- EBITDA margin
- 14.66%
- 52-week range
- ₹927.2 – ₹1,306.2
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Jindal Steel Ltd (JINDALSTEL) reported revenue of ₹53,225 crore, net profit of ₹3,361 crore and earnings per share of ₹33.01. That compares with revenue of ₹50,129 crore and net profit of ₹2,846 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹16,218 crore and net profit ₹1,041 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 51,166 | 53,212 | 50,354 | 50,129 | 53,225 |
| Net profit (₹ cr) | 6,766 | 3,974 | 5,943 | 2,846 | 3,361 |
| EPS (₹) | 56.4 | 31.11 | 58.21 | 27.57 | 33.01 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 15.40% | 13.70% | 1.18% | -0.45% |
| Profit growth | - | 42.44% | -24.10% | -52.12% |
| Stock price CAGR | 31% | 20% | 17% | 10% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 62.69% of Jindal Steel Ltd (JINDALSTEL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 8.84% and domestic institutional investors (DII) hold 19.52%. Promoters have pledged 9.9% of their holding. Market capitalisation was ₹1,07,390 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: KOTAK FLEXICAP FUND 3.54%, HDFC MUTUAL FUND - HDFC MID-CAP FUND 2.24%, ICICI PRUDENTIAL LARGE & MID CAP FUND 1.93%, SBI LARGE & MIDCAP FUND 1.6%, NPS TRUST- A/C SBI PENSION FUND SCHEME - STATE GOVT 1.39%, ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE FLEXI CAP FUND 1.32%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 62.69% | 9.9% | 8.84% | 19.52% | 37.09% |
| Mar 2026 | 62.69% | 10.9% | 9.2% | 19.13% | 37.05% |
| Dec 2025 | 62.69% | 10.9% | 9.02% | 19.09% | 37.05% |
| Sep 2025 | 62.37% | 11.2% | 9.43% | 18.74% | 37.38% |
| Jun 2025 | 62.36% | 11.2% | 9.76% | 18.09% | 37.39% |
| Mar 2025 | 62.22% | 11.3% | 9.59% | 17.72% | 36.97% |
| Dec 2024 | 61.19% | 12.8% | 10.99% | 17.26% | 38% |
| Sep 2024 | 61.19% | 13.1% | 12.19% | 16.05% | 38% |