Jindal Steel Ltd

NSE: JINDALSTEL BSE: 532286

₹1120.50

(1.45%)

Sun, 13 Sept 2026, 04:30 am

Market Cap (in Cr)114076.46

PE Ratio41.95

Dividend0.18

Non-Energy Minerals

Steel

24.5K

Jindal Steel Analysis

Pros

Cons

Unable to calculate sustainability of dividends as Jindal Steel & Power has not reported any payouts.
No need to calculate the sustainability of Jindal Steel & Power's dividends in 3 years as they are not expected to pay a notable one for India.
Unable to evaluate Jindal Steel & Power's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Jindal Steel & Power's dividend against the top 25% market benchmark as the company has not reported any payouts.

Pros

Jindal Steel & Power's earnings are expected to grow significantly at over 20% yearly.
Jindal Steel & Power's earnings growth is expected to exceed the India market average.
Jindal Steel & Power's earnings growth is expected to exceed the low risk savings rate of 7.2%.
Jindal Steel & Power is expected to become profitable in 2 years.
An improvement in Jindal Steel & Power's performance (ROE) is expected over the next 3 years.
Jindal Steel & Power's revenue growth is expected to exceed the India market average.

Cons

Cash flow for Jindal Steel & Power is expected to decrease over the next 2 years.
Jindal Steel & Power is expected to be loss making next year.
Jindal Steel & Power is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Performance (ROE) is not expected to exceed the current IN Metals and Mining industry average.
Jindal Steel & Power's revenue is expected to increase but not above the 50% threshold in 2 years time.
Jindal Steel & Power's revenue is expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).

Pros

Whilst loss making Jindal Steel & Power has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -51.1% per year.
Whilst loss making Jindal Steel & Power has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
Debt is well covered by operating cash flow (31.1%, greater than 20% of total debt).
The level of debt compared to net worth has been reduced over the past 5 years (208.4% vs 97.8% today).

Cons

Jindal Steel & Power's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Debt is not covered by short term assets, assets are 0.5x debt.
Jindal Steel & Power's long term commitments exceed its cash and other short term assets.
Jindal Steel & Power is making a loss, therefore interest payments are not well covered by earnings.
Jindal Steel & Power's level of debt (97.8%) compared to net worth is high (greater than 40%).
High level of physical assets or inventory.

Pros

The tenure for the Jindal Steel & Power board of directors is about average.
More shares have been bought than sold by Jindal Steel & Power individual insiders in the past 3 months.
The tenure for the Jindal Steel & Power management team is about average.

Cons

Pros

Cons

Pros

Cons

Unable to compare Jindal Steel & Power's 1-year earnings growth to the 5-year average as it is not currently profitable.
Jindal Steel & Power does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
Jindal Steel & Power used its assets less efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
It is difficult to establish if Jindal Steel & Power improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
It is difficult to establish if Jindal Steel & Power has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Unable to compare Jindal Steel & Power's 1-year growth to the IN Metals and Mining industry average as it is not currently profitable.

Pros

Jindal Steel & Power's share price is below the future cash flow value, and at a moderate discount (> 20%).
Jindal Steel & Power is good value based on assets compared to the IN Metals and Mining industry average.
532286 outperformed the Metals and Mining industry which returned -28.6% over the past year.
532286 outperformed the Market in India which returned -14.5% over the past year.
BSE:532286 is up 51.5% outperforming the Metals and Mining industry which returned 7.5% over the past month.
BSE:532286 is up 51.5% outperforming the market in India which returned 8% over the past month.

Cons

Jindal Steel & Power's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Jindal Steel & Power is loss making, we can't compare its value to the IN Metals and Mining industry average.
Jindal Steel & Power is loss making, we can't compare the value of its earnings to the India market.