Fundamentals scanner
Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.
Jindal Steel & Power
Basic MaterialsNeutral- Market cap
- ₹1,11,059 Cr
- P/E
- 40.8x
- ROE
- —
- Debt / equity
- 0.44
What the company does
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.
Valuation — what you are paying
How the price compares to earnings, assets and cash generation.
- P/E (trailing)40.8xWeak
You are paying 40.8 years of current profit for each share. The earnings yield is 2.4%.
- P/B (price to book)2.2xStrong
The market values the company at 2.2× its accounting net worth. High is normal for asset-light businesses and unusual for banks.
- EV / EBITDA13.9xFair
This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.
- Dividend yield0.18%Weak
Pays 0.18% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.
Profitability — is this a good business?
Returns on capital and margins, the numerical shadow of a moat.
- Return on equity—No data
Not available.
- Return on assets—No data
Not available.
- Operating margin11.2%Fair
Keeps ₹11.2 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.
- Net margin4.8%Fair
Sustained high net margins are evidence that something is stopping competitors from competing the profits away.
Financial strength — can it survive a bad year?
Leverage and liquidity. This is where fragility shows up first.
- Debt to equity0.44Strong
A conservative balance sheet that can absorb a downturn without a crisis.
- Current ratio—No data
Not available.
- Total debt₹22609.55 CrNo data
Against cash of ₹6248.56 Cr. Net debt is what matters, not gross borrowings.
- Free cash flow—No data
Not available.
Growth — is it getting bigger?
Revenue and earnings momentum, and how the two compare.
- Revenue growth (yoy)+25.9%Strong
Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.
- Earnings growth (yoy)-43.7%Weak
Profits are growing slower than sales, meaning margins are compressing. The company may be buying its growth.
- Revenue (TTM)₹56412.57 CrNo data
EBITDA of ₹9218.03 Cr and operating cash flow of —.
- PEG ratio—No data
Not available.
Financial statements
Reported figures, most recent year first. All values in rupees.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | ₹53224.92 Cr | ₹48818.03 Cr | ₹49681.70 Cr | ₹51180.08 Cr |
| Cost of revenue | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Gross profit | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating expenses | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating income | — | — | — | — |
| Interest expense | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Net profit | ₹3367.38 Cr | ₹2812.13 Cr | ₹5273.30 Cr | ₹2426.54 Cr |