- Total income
- ₹49,231 Cr
- Profit
- ₹2,812 Cr

About Jindal Steel Limited
Data last updated:
Jindal Steel Limited is a public limited company based in Hisar, Haryana, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 28 September 1979 and has been in existence for over 47 years.
Jindal Steel is ranked #59 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Naveen Jindal and family are #69 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L27105HR1979PLC009913. Its GSTIN is 06AAACJ7097D1ZK (Haryana). The company holds 48 GST registrations, of which 32 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532286 and NSE: JINDALSTEL.
The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹102.01 Cr. It was formerly known as Orbit Strips Limited and Orbit Strips Private Limited. It is led by directors including Damodar Mittal (Whole-Time Director) and Debojyoti Roy (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at O.P. Jindal Marg, Hisar, Haryana, India – 125005.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹53,455 Cr, a growth of 6.6% compared to the previous year. For the same year it recorded a net profit of ₹4,031.32 Cr (net margin 7.5%) and EBITDA of ₹8,773.02 Cr (EBITDA margin 16.4%). The net worth stands at ₹50,899 Cr (up 7.9% YoY). Total assets are valued at ₹75,812 Cr (up 12.6% YoY).
The company has about 5,660 employees on its provident fund (EPFO) records. Its group structure includes 9 subsidiaries and 3 joint ventures.
The company is associated with 3 brands: Jindalsteel, JSPL and Jindal Power. As per MCA filings, the company has open charges of ₹49,012 Cr and satisfied charges of ₹82,715 Cr on record. Court records list 816 cases involving the company, including 321 filed by the company and 495 filed against it; 179 cases are pending. The company has 48 deals on record (41 market trades, 3 funding rounds, 2 acquisitions), with disclosed funding of ₹713.41 Cr; the latest was in February 2025. Its 5 peer companies in the Metals and Minerals industry (Mining, Steel), with the same principal business activity (manufacture of basic metals) are compared by revenue, 2 larger and 3 smaller; the largest is Vedanta Limited with revenue of ₹1,56,643 Cr. The company has 145 MSME Form 1 returns on record between 2010 and 2024, listing 18,692 overdue payments to 1,605 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jindalsteelpower.com.
Company details
Name history
Jindal Steel has undergone 3 name changes throughout its history. The company was previously known as Orbit Strips Limited, Orbit Strips Private Limited, and Jindal Steel Limited. The current legal name is Jindal Steel Limited.
| Company Name | Status |
|---|---|
| Jindal Steel Limited | Current |
| Orbit Strips Limited | Previous |
| Orbit Strips Private Limited | Previous |
Recognitions & Rankings of Jindal Steel
- Valuation
- ₹1,24,770 Cr
- #69 Naveen Jindal & family ₹39,800 Cr
Contact details
Jindal Steel Limited's registered office is in Hisar, Haryana. Its website is jindalsteelpower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressO.P. Jindal Marg, Hisar, Haryana, India – 125005
- IndustryMetals and Minerals, Mining & Mineral Extraction, Steel Manufacturing & Processing
To see the full contact details of Jindal Steel Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Jindal Steel operates multiple associated brands including Jindalsteel, JSPL, and Jindal Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel products are manufactured for diverse industrial applications. | jindalsteel.com | |
| Coal-based sponge irons and steel products are manufactured by JSPL. | jindalsteelpower.com | |
| Thermal power is generated and distributed by facilities in India. | jindalpower.com |
Business activity
The main business activity of Jindal Steel is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of Jindal Steel Limited, buy the company report.
Financials of Jindal Steel Limited
FY 2025-26 filings availableJindal Steel Limited reported revenue of ₹53,455 Cr (up 6.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 53,455 | 50,129 | 50,354 | 53,212 | 51,166 | 34,579 | 37,923 |
| Revenue growth | +6.6% | -0.5% | -5.4% | +4.0% | +48.0% | -8.8% | - |
| EBITDA | 8,773 | 8,256 | 10,201 | 8,565 | 13,625 | 10,713 | 6,705 |
| EBITDA margin | +16.4% | +16.5% | +20.3% | +16.1% | +26.6% | +31.0% | +17.7% |
| Profit before tax | 4,413 | 4,344 | 6,241 | 5,266 | 9,690 | 6,078 | (291) |
| Net profit | 4,031 | 3,523 | 5,863 | 4,133 | 6,045 | 3,782 | 15.69 |
| Net profit margin | +7.5% | +7.0% | +11.6% | +7.8% | +11.8% | +10.9% | +0.0% |
| EPS (₹) | 33.09 | 27.79 | 59.24 | 31.58 | 56.92 | 35.62 | (1.07) |
| Balance sheet | |||||||
| Total assets | 75,812 | 67,319 | 62,635 | 53,255 | 51,135 | 61,409 | 69,804 |
| Net worth | 50,899 | 47,185 | 44,316 | 38,707 | 35,625 | 31,815 | 32,137 |
| Total debt | 22,610 | 18,406 | 16,472 | 13,046 | 13,502 | 29,910 | 36,824 |
| Cash & bank | 4,142 | 4,180 | 4,024 | 4,717 | 3,669 | 6,152 | 906 |
| Net working capital | 4,952 | 3,174 | 6,921 | 4,475 | 8,045 | 9,116 | 1,638 |
| Cash flow | |||||||
| Cash from operations | 7,204 | 10,824 | 6,008 | 7,347 | 16,048 | 11,961 | 8,814 |
| Cash from investing | (10,734) | (12,323) | (8,344) | (4,090) | (2,331) | (1,884) | (1,476) |
| Cash from financing | 2,803 | 809 | 1,381 | (2,500) | (15,120) | (4,612) | (7,016) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16,679 | 15,482 | 16,218 | 13,027 | 11,686 | 12,294 | 13,183 | 11,751 |
| Revenue growth (YoY) | +42.7% | +25.9% | +23.0% | +10.9% | +4.2% | -9.7% | - | - |
| Other income | 25.00 | 19.19 | 266 | 9.53 | 21.94 | 30.40 | 71.81 | 26.46 |
| EBITDA | 2,571 | 2,660 | 2,112 | 1,574 | 2,081 | 3,006 | 1,032 | 2,184 |
| EBITDA margin | +15.4% | +17.2% | +13.0% | +12.1% | +17.8% | +24.4% | +7.8% | +18.6% |
| Depreciation | 947 | 926 | 862 | 839 | 750 | 722 | 691 | 698 |
| Interest | 566 | 548 | 442 | 406 | 371 | 297 | 342 | 313 |
| Profit before tax | 1,084 | 1,205 | 1,074 | 339 | 982 | 2,018 | 71.81 | 1,199 |
| Tax | 313 | 361 | 32.91 | 150 | 347 | 522 | 375 | 249 |
| Net profit | 771 | 844 | 1,041 | 189 | 635 | 1,496 | (304) | 951 |
| EPS (₹) | 7.61 | 8.34 | 10.30 | 1.88 | 6.28 | 14.73 | (3.35) | 9.39 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 54,215 | 49,143 | 50,009 | 51,680 | 49,512 | 33,346 | 26,324 |
| Revenue growth | +10.3% | -1.7% | -3.2% | +4.4% | +48.5% | +26.7% | - |
| EBITDA | 6,998 | 7,625 | 10,203 | 6,275 | 14,713 | 12,883 | 5,777 |
| EBITDA margin | +12.9% | +15.5% | +20.4% | +12.1% | +29.7% | +38.6% | +22.0% |
| Profit before tax | 4,140 | 4,847 | 7,151 | 2,872 | 11,168 | 9,119 | 880 |
| Net profit | 4,178 | 4,463 | 5,245 | 2,736 | 8,531 | 7,295 | 619 |
| Net profit margin | +7.7% | +9.1% | +10.5% | +5.3% | +17.2% | +21.9% | +2.4% |
| EPS (₹) | 30.21 | 35.79 | 52.61 | 24.15 | 81.96 | 70.14 | 6.06 |
| Balance sheet | |||||||
| Total assets | 62,015 | 57,626 | 57,547 | 53,552 | 57,635 | 54,916 | 44,436 |
| Net worth | 53,130 | 49,763 | 45,494 | 40,557 | 40,360 | 32,642 | 23,709 |
| Total debt | 8,436 | 7,481 | 11,693 | 12,458 | 13,918 | 18,964 | 16,835 |
| Cash & bank | 3,210 | 3,565 | 3,489 | 4,023 | 3,056 | 5,687 | 516 |
| Net working capital | 1,698 | 1,284 | 5,423 | 3,230 | 6,610 | 7,466 | 743 |
| Cash flow | |||||||
| Cash from operations | 6,810 | 11,211 | 6,909 | 6,351 | 14,185 | 9,760 | 7,061 |
| Cash from investing | (7,749) | (7,315) | (5,081) | (3,778) | (9,407) | (3,507) | (1,366) |
| Cash from financing | 35.92 | (4,734) | (2,544) | (1,850) | (7,428) | (1,082) | (5,380) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,270 | 15,275 | 15,935 | 13,559 | 12,109 | 12,420 | 13,035 | 11,436 |
| Revenue growth (YoY) | +26.1% | +23.0% | +22.2% | +18.6% | +5.3% | -3.3% | - | - |
| Other income | 18.77 | 16.29 | 265 | 6.10 | 10.43 | 15.85 | 51.11 | 15.83 |
| Total expenses | 13,344 | 13,052 | 15,350 | 11,962 | 10,149 | 9,564 | 12,210 | 9,275 |
| EBITDA | 1,927 | 2,224 | 585 | 1,597 | 1,959 | 2,856 | 825 | 2,161 |
| EBITDA margin | +12.6% | +14.6% | +3.7% | +11.8% | +16.2% | +23.0% | +6.3% | +18.9% |
| Depreciation | 634 | 620 | 606 | 605 | 593 | 578 | 564 | 571 |
| Interest | 141 | 147 | 441 | 102 | 133 | 97.02 | 137 | 133 |
| Profit before tax | 1,170 | 1,474 | (197) | 896 | 1,244 | 2,197 | 175 | 1,473 |
| Tax | 310 | 388 | (53.49) | 224 | 323 | 573 | 67.21 | 310 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16,679 | 15,482 | 16,218 | 13,027 | 11,686 | 12,294 | 13,183 | 11,751 |
| Revenue growth (YoY) | +42.7% | +25.9% | +23.0% | +10.9% | +4.2% | -9.7% | - | - |
| Other income | 25.00 | 19.19 | 266 | 9.53 | 21.94 | 30.40 | 71.81 | 26.46 |
| EBITDA | 2,571 | 2,660 | 2,112 | 1,574 | 2,081 | 3,006 | 1,032 | 2,184 |
| EBITDA margin | +15.4% | +17.2% | +13.0% | +12.1% | +17.8% | +24.4% | +7.8% | +18.6% |
| Depreciation | 947 | 926 | 862 | 839 | 750 | 722 | 691 | 698 |
| Interest | 566 | 548 | 442 | 406 | 371 | 297 | 342 | 313 |
| Profit before tax | 1,084 | 1,205 | 1,074 | 339 | 982 | 2,018 | 71.81 | 1,199 |
| Tax | 313 | 361 | 32.91 | 150 | 347 | 522 | 375 | 249 |
| Net profit | 771 | 844 | 1,041 | 189 | 635 | 1,496 | (304) | 951 |
| EPS (₹) | 7.61 | 8.34 | 10.30 | 1.88 | 6.28 | 14.73 | (3.35) | 9.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 53,455 | 50,129 | 50,354 | 53,212 | 51,166 | 34,579 | 37,923 |
| Revenue growth | +6.6% | -0.5% | -5.4% | +4.0% | +48.0% | -8.8% | - |
| Other income | 328 | 168 | 157 | 838 | 50.36 | 532 | 200 |
| Total expenses | 44,682 | 41,873 | 40,154 | 44,646 | 37,541 | 23,866 | 31,218 |
| Employee cost | 1,251 | 1,184 | 1,288 | 1,134 | 871 | 821 | 913 |
| EBITDA | 8,773 | 8,256 | 10,201 | 8,565 | 13,625 | 10,713 | 6,705 |
| EBITDA margin | +16.4% | +16.5% | +20.3% | +16.1% | +26.6% | +31.0% | +17.7% |
| Depreciation | 3,171 | 2,768 | 2,822 | 2,691 | 2,097 | 2,414 | 3,429 |
| Interest | 1,517 | 1,312 | 1,294 | 1,446 | 1,888 | 2,753 | 3,768 |
| Profit before tax | 4,413 | 4,344 | 6,241 | 5,266 | 9,690 | 6,078 | (291) |
| Tax | 1,052 | 1,498 | 298 | 1,292 | 2,925 | 1,811 | 108 |
| Net profit | 4,031 | 3,523 | 5,863 | 4,133 | 6,045 | 3,782 | 15.69 |
| Net profit margin | +7.5% | +7.0% | +11.6% | +7.8% | +11.8% | +10.9% | +0.0% |
| EPS (₹) | 33.09 | 27.79 | 59.24 | 31.58 | 56.92 | 35.62 | (1.07) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 102 | 101 | 100 | 100 | 101 | 102 | 102 |
| Reserves & surplus | 50,797 | 47,084 | 44,156 | 38,546 | 35,464 | 31,653 | 32,035 |
| Shareholders' funds (net worth) | 50,899 | 47,185 | 44,316 | 38,707 | 35,625 | 31,815 | 32,137 |
| Minority interest | 942 | 234 | 435 | 313 | 1,471 | (878) | (776) |
| Secured loans | 20,488 | 16,092 | 14,886 | 11,714 | 10,179 | 21,444 | 30,502 |
| Unsecured loans | 2,122 | 2,314 | 1,587 | 1,332 | 3,323 | 8,466 | 6,322 |
| Total debt | 22,610 | 18,406 | 16,472 | 13,046 | 13,502 | 29,910 | 36,824 |
| Total liabilities | 75,812 | 67,319 | 62,635 | 53,255 | 51,135 | 61,409 | 69,804 |
| Assets | |||||||
| Gross block | 1,00,243 | 79,870 | 75,702 | 68,262 | 67,788 | 82,527 | 95,426 |
| Net block | 64,102 | 48,989 | 48,384 | 43,542 | 45,488 | 54,350 | 69,382 |
| Capital work in progress | 8,372 | 16,725 | 9,611 | 7,870 | 2,538 | 1,712 | 3,126 |
| Investments | 3,168 | 2,201 | 819 | 907 | 470 | 1,156 | 181 |
| Inventories | 8,023 | 5,610 | 7,077 | 5,887 | 7,281 | 5,943 | 6,369 |
| Sundry debtors | 1,729 | 1,363 | 1,665 | 974 | 1,264 | 2,794 | 3,549 |
| Cash & bank balances | 4,142 | 4,180 | 4,024 | 4,717 | 3,669 | 6,152 | 906 |
| Loans & advances | 6,748 | 4,687 | 4,313 | 3,133 | 14,063 | 4,419 | 5,129 |
| Total current assets | 20,641 | 15,840 | 17,079 | 14,711 | 26,277 | 19,308 | 15,953 |
| Total current liabilities | 15,689 | 12,666 | 10,157 | 10,235 | 18,232 | 10,192 | 14,315 |
| Net working capital | 4,952 | 3,174 | 6,921 | 4,475 | 8,045 | 9,116 | 1,638 |
| Total assets | 75,812 | 67,319 | 62,635 | 53,255 | 51,135 | 61,409 | 69,804 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2,617 | 3,306 | 4,261 | 3,505 | 5,965 | 500 | 178 |
| Net cash from operating activities | 7,204 | 10,824 | 6,008 | 7,347 | 16,048 | 11,961 | 8,814 |
| Net cash from investing activities | (10,734) | (12,323) | (8,344) | (4,090) | (2,331) | (1,884) | (1,476) |
| Net cash from financing activities | 2,803 | 809 | 1,381 | (2,500) | (15,120) | (4,612) | (7,016) |
| Net change in cash | (727) | (689) | (955) | 757 | (1,403) | 5,465 | 322 |
| Closing cash | 4,142 | 4,180 | 4,024 | 4,717 | 3,669 | 6,152 | 906 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.6% | -0.5% | -5.4% | +4.0% | +48.0% | -8.8% | - |
| EBITDA growth | +6.3% | -19.1% | +19.1% | -37.1% | +27.2% | +59.8% | - |
| PBT growth | +1.6% | -30.4% | +18.5% | -45.7% | +59.4% | +9998.0% | +89.6% |
| Net income growth | +14.4% | -39.9% | +41.9% | -31.6% | +59.8% | - | - |
| Revenue CAGR (3Y) | +0.0% | -0.9% | +13.4% | +12.0% | +2.9% | +1.2% | +20.5% |
| EBITDA CAGR (3Y) | +0.8% | -15.4% | -1.6% | +8.5% | +25.3% | +22.1% | +15.6% |
| Profitability & leverage | |||||||
| Net income margin | +6.3% | +5.7% | +11.8% | +7.5% | +13.2% | +12.3% | -1.1% |
| Return on capital employed | +9.6% | +10.5% | +13.1% | +14.2% | +24.1% | +16.9% | +4.8% |
| Return on net worth | +8.2% | +7.8% | +14.3% | +13.3% | +20.9% | +13.8% | -0.9% |
| Debt / equity | 0.42 | 0.38 | 0.36 | 0.36 | 0.64 | 1.04 | 1.19 |
| Long-term debt / equity | 0.35 | 0.28 | 0.22 | 0.23 | 0.44 | 0.76 | 0.91 |
| Interest cover | 27.08 | 23.91 | 17.54 | 24.61 | 16.38 | 33.18 | 115.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.69 | 0.74 | 0.81 | 0.90 | 0.76 | 0.43 | 0.45 |
| Inventory turnover | 9.11 | 9.12 | 8.99 | 9.27 | 8.61 | 6.23 | 6.48 |
| Debtors turnover | 40.16 | 38.23 | 44.17 | 54.50 | 28.05 | 12.08 | 12.69 |
| EPS (₹) | 33.09 | 27.79 | 59.24 | 31.58 | 56.92 | 35.62 | (1.07) |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 0.00 | 0.00 |
| Book value per share (₹) | 500.23 | 466.35 | 441.50 | 384.54 | 351.88 | 311.32 | 315.07 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,270 | 15,275 | 15,935 | 13,559 | 12,109 | 12,420 | 13,035 | 11,436 |
| Revenue growth (YoY) | +26.1% | +23.0% | +22.2% | +18.6% | +5.3% | -3.3% | - | - |
| Other income | 18.77 | 16.29 | 265 | 6.10 | 10.43 | 15.85 | 51.11 | 15.83 |
| Total expenses | 13,344 | 13,052 | 15,350 | 11,962 | 10,149 | 9,564 | 12,210 | 9,275 |
| EBITDA | 1,927 | 2,224 | 585 | 1,597 | 1,959 | 2,856 | 825 | 2,161 |
| EBITDA margin | +12.6% | +14.6% | +3.7% | +11.8% | +16.2% | +23.0% | +6.3% | +18.9% |
| Depreciation | 634 | 620 | 606 | 605 | 593 | 578 | 564 | 571 |
| Interest | 141 | 147 | 441 | 102 | 133 | 97.02 | 137 | 133 |
| Profit before tax | 1,170 | 1,474 | (197) | 896 | 1,244 | 2,197 | 175 | 1,473 |
| Tax | 310 | 388 | (53.49) | 224 | 323 | 573 | 67.21 | 310 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 54,215 | 49,143 | 50,009 | 51,680 | 49,512 | 33,346 | 26,324 |
| Revenue growth | +10.3% | -1.7% | -3.2% | +4.4% | +48.5% | +26.7% | - |
| Other income | 297 | 114 | 84.47 | 48.91 | 102 | 666 | 0.00 |
| Total expenses | 47,217 | 41,518 | 39,806 | 45,406 | 34,799 | 20,463 | 20,546 |
| Employee cost | 1,040 | 973 | 924 | 874 | 725 | 676 | 679 |
| EBITDA | 6,998 | 7,625 | 10,203 | 6,275 | 14,713 | 12,883 | 5,777 |
| EBITDA margin | +12.9% | +15.5% | +20.4% | +12.1% | +29.7% | +38.6% | +22.0% |
| Depreciation | 2,383 | 2,272 | 2,216 | 2,166 | 2,232 | 2,243 | 2,287 |
| Interest | 773 | 620 | 921 | 1,286 | 1,415 | 2,187 | 2,611 |
| Profit before tax | 4,140 | 4,847 | 7,151 | 2,872 | 11,168 | 9,119 | 880 |
| Tax | 1,066 | 1,226 | 1,877 | 445 | 2,885 | 1,965 | 262 |
| Net profit | 4,178 | 4,463 | 5,245 | 2,736 | 8,531 | 7,295 | 619 |
| Net profit margin | +7.7% | +9.1% | +10.5% | +5.3% | +17.2% | +21.9% | +2.4% |
| EPS (₹) | 30.21 | 35.79 | 52.61 | 24.15 | 81.96 | 70.14 | 6.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 102 | 101 | 100 | 100 | 101 | 102 | 102 |
| Reserves & surplus | 53,028 | 49,662 | 45,393 | 40,456 | 40,259 | 32,540 | 23,607 |
| Shareholders' funds (net worth) | 53,130 | 49,763 | 45,494 | 40,557 | 40,360 | 32,642 | 23,709 |
| Secured loans | 5,619 | 5,716 | 10,119 | 11,163 | 11,792 | 15,176 | 13,671 |
| Unsecured loans | 2,817 | 1,765 | 1,574 | 1,295 | 2,126 | 3,787 | 3,163 |
| Total debt | 8,436 | 7,481 | 11,693 | 12,458 | 13,918 | 18,964 | 16,835 |
| Total liabilities | 62,015 | 57,626 | 57,547 | 53,552 | 57,635 | 54,916 | 44,436 |
| Assets | |||||||
| Gross block | 66,265 | 61,328 | 58,730 | 57,157 | 56,295 | 55,549 | 55,098 |
| Net block | 42,579 | 39,837 | 39,473 | 40,083 | 41,358 | 42,722 | 44,472 |
| Capital work in progress | 3,649 | 5,475 | 3,802 | 2,119 | 760 | 604 | 851 |
| Investments | 14,412 | 9,869 | 7,531 | 5,693 | 6,316 | 5,558 | 1,699 |
| Inventories | 5,901 | 4,751 | 5,977 | 5,463 | 7,051 | 4,592 | 3,887 |
| Sundry debtors | 1,399 | 1,324 | 2,191 | 1,130 | 1,210 | 1,961 | 963 |
| Cash & bank balances | 3,210 | 3,565 | 3,489 | 4,023 | 3,056 | 5,687 | 516 |
| Loans & advances | 4,336 | 2,258 | 2,624 | 2,106 | 6,137 | 3,204 | 6,146 |
| Total current assets | 14,845 | 11,897 | 14,282 | 12,723 | 17,454 | 15,444 | 11,512 |
| Total current liabilities | 13,147 | 10,613 | 8,859 | 9,492 | 10,844 | 7,977 | 10,769 |
| Net working capital | 1,698 | 1,284 | 5,423 | 3,230 | 6,610 | 7,466 | 743 |
| Total assets | 62,015 | 57,626 | 57,547 | 53,552 | 57,635 | 54,916 | 44,436 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2,073 | 2,910 | 3,626 | 2,903 | 5,552 | 381 | 66.56 |
| Net cash from operating activities | 6,810 | 11,211 | 6,909 | 6,351 | 14,185 | 9,760 | 7,061 |
| Net cash from investing activities | (7,749) | (7,315) | (5,081) | (3,778) | (9,407) | (3,507) | (1,366) |
| Net cash from financing activities | 35.92 | (4,734) | (2,544) | (1,850) | (7,428) | (1,082) | (5,380) |
| Net change in cash | (904) | (837) | (716) | 723 | (2,649) | 5,171 | 314 |
| Closing cash | 3,210 | 3,565 | 3,489 | 4,023 | 3,056 | 5,687 | 516 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.3% | -1.7% | -3.2% | +4.4% | +48.5% | +26.7% | - |
| EBITDA growth | -8.2% | -25.3% | +62.6% | -57.4% | +14.2% | +123.0% | - |
| PBT growth | -14.6% | -32.2% | +149.0% | -74.3% | +22.5% | +936.7% | +9998.0% |
| Net income growth | -6.4% | -14.9% | +91.7% | -67.9% | +16.9% | +1079.4% | - |
| Revenue CAGR (3Y) | +1.6% | -0.3% | +14.5% | +25.2% | +21.1% | +23.6% | +22.1% |
| EBITDA CAGR (3Y) | +3.7% | -19.7% | -7.5% | +2.8% | +47.1% | +52.6% | +25.8% |
| Profitability & leverage | |||||||
| Net income margin | +5.7% | +7.4% | +10.5% | +4.7% | +16.7% | +21.5% | +2.4% |
| Return on capital employed | +10.7% | +11.7% | +14.5% | +13.3% | +22.4% | +22.8% | +7.8% |
| Return on net worth | +8.1% | +9.4% | +12.3% | +6.8% | +22.7% | +25.4% | +2.7% |
| Debt / equity | 0.15 | 0.20 | 0.28 | 0.33 | 0.45 | 0.64 | 0.79 |
| Long-term debt / equity | 0.11 | 0.13 | 0.17 | 0.21 | 0.32 | 0.47 | 0.53 |
| Interest cover | 16.74 | 11.58 | 11.53 | 31.29 | 11.34 | 20.55 | 74.80 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.99 | 0.95 | 1.00 | 1.05 | 0.99 | 0.67 | 0.56 |
| Inventory turnover | 11.83 | 10.67 | 10.10 | 9.50 | 9.49 | 8.75 | 7.74 |
| Debtors turnover | 46.28 | 32.56 | 34.77 | 50.81 | 34.85 | 25.37 | 32.26 |
| EPS (₹) | 30.21 | 35.79 | 52.61 | 24.15 | 81.96 | 70.14 | 6.06 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 0.00 | 0.00 |
| Book value per share (₹) | 522.16 | 491.83 | 453.85 | 403.55 | 399.33 | 320.02 | 232.44 |
To see the full year-wise statements and ratios of Jindal Steel Limited, buy the company report.
Board of directors of Jindal Steel Limited
Jindal Steel has 7 current directors and 53 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Kumar | Director | 20 Sep 2022 | 4 Years 1 Months | Current |
| Naveen Jindal | Director | 01 Oct 2023 | 3 Years 1 Months | Current |
| Parimal Rai Also directs: Shriram Insight Share Brokers Limited | Director | 04 Oct 2025 | 1 Years 1 Months | Current |
| Damodar Mittal Also directs: JSP Metallics Limited, Jindal Steel Odisha Limited | Whole-Time Director | 28 Mar 2023 | 3 Years 7 Months | Current |
| Vikas Sehgal Also directs: Vasuki Trikuta LLP, Vasuki Kasturi Assets Ifsc LLP, Adishesha AI Private Limited and 3 more | Director | 29 Jul 2026 | 0 Years 3 Months | Current |
| Aabha Bakaya Also directs: Sandhar Technologies Limited, Rakhi Garments Private Limited, Leading Ladies Network Private Limited and 1 more | Director | 29 Jul 2026 | 0 Years 3 Months | Current |
Peer comparison
Jindal Steel Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Mining, Steel), with the same principal business activity (manufacture of basic metals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vedanta Limited | ₹1,56,643 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Steel Authority of India Limited | ₹1,03,354 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Jindal Steel Limitedthis company | ₹53,455 Cr (FY 2026) | ₹4,031.32 Cr | 7.5% | 6.6% | 5,660 | Hisar, Haryana, India |
| Jindal Stainless Limited | ₹39,603 Cr (FY 2025) | 2.0% | Hisar, Haryana, India | |||
| Hindustan Zinc Limited | ₹35,066 Cr (FY 2025) | 17.0% | Udaipur, Rajasthan, India | |||
| JSW Steel Coated Products Limited | ₹34,517 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Jindal Steel Limited, buy the company report.
Auditor
Jindal Steel Limited is audited by Lodha & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lodha & Co LLP | FY 2025 | 301051E |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 62.70%, foreign institutional investors hold 8.80%, domestic institutional investors hold 19.60% and retail and other public shareholders hold 8.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 62.70% | 62.70% | 62.70% | 62.40% |
| Public | 37.30% | 37.30% | 37.30% | 37.60% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2026 | 101258993 | Idbi Bank Limited | ₹750 Cr | Open | |
| 24 Mar 2026 | 101261481 | Hdfc Bank Limited | ₹1,100 Cr | Open | |
| 09 Mar 2026 | 101252234 | Canara Bank | ₹1,000 Cr | Open | |
| 18 Nov 2025 | 101188719 | Others | ₹1,000 Cr | Open | |
| 22 Sep 2025 | 101164222 | Sbicap Trustee Company Limited | ₹2,700 Cr | Open |
To see the full charge records of Jindal Steel Limited, buy the company report.
Total charge records: 190 View all charges
Deals & funding
Jindal Steel Limited has 48 deals on record (41 market trades, 3 funding rounds, 2 acquisitions), with disclosed funding of ₹713.41 Cr; the latest was in February 2025.
Deals on record (5 of 48)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Market trade | ₹85.04 Cr | Buyer: Pi Opportunities Aif V LLP Seller: Premjiinvest |
| May 2022 | Market trade | ₹872.29 Cr | Buyer: Yoke Securities Limited , an individual Seller: Integrated Core Strategies (Asia) Pte. Ltd., Yoke Securities Limited , an individual |
| May 2021 | Market trade | ₹455.33 Cr | Buyer: Sarda Mines Private Limited |
| Dec 2019 | Market trade | ₹81.2 Cr | Buyer: Tower Research Capital Markets India Private Limited Seller: Tower Research Capital Markets India Private Limited |
| Dec 2019 | Market trade | ₹87.63 Cr | Buyer: Tower Research Capital Markets India Private Limited Seller: Tower Research Capital Markets India Private Limited |
To see the full deal history of Jindal Steel Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jindal Steel Limited has 816 court cases on record: 321 filed by Jindal Steel, 495 filed against it. 179 cases are pending and 637 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 508 | 290 | 106 |
| District courts | 238 | 169 | 48 |
| Supreme Court | 55 | 24 | 18 |
| NCLAT | 13 | 11 | 7 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 816)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2401-Indirect Taxation : Customs Act, Customs Tariff Act, Export, Import and Anti-Dumping duty) | Filed against the company by Commissioner of Customs | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Chhattisgarh State Power Distribution Co. Ltd | Pending |
| District court, Cuttack, Odisha | Arbitration matter | Filed against the company by Saatvik Green Energy Ltd. | Pending |
| Madras High Court | Arbitration matter | Filed by the company against BGR Boilers Private Limited | Pending |
| Madras High Court | Appeal | Filed by the company against BGR Boilers Private Limited | Pending |
To see the full case history of Jindal Steel Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Jindal Steel Limited was last rated by Care on 06 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Jan 2023 |
To see the full credit ratings and regulatory alerts of Jindal Steel Limited, buy the company report.
MSME payment delays
Jindal Steel Limited has 145 MSME Form 1 returns on record between 2010 and 2024, listing 18,692 overdue payments to 1,605 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 1,605)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Radiant Agencies | |||
| Cavotec India Private Limited | |||
| Rockwell Industrial Services Private Limited | |||
| DSK Enterprisers Private Limited | |||
| Fairtech Engineers India Private Limited |
To see the full MSME payment records of Jindal Steel Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Jindal Steel has 9 subsidiary companies, 3 joint ventures, and 3 associated companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Allied Strips Limited | U27105DL1992PLC049849 | |
| Jindal Steel Jindalgarh Limited | U27109CT2021PLC012023 | |
| JSP Metallics Limited | U27209OR2021PLC036283 | |
| Jindal Steel Chhatisgarh Limited | U27300CT2021PLC012115 | |
| Jindal Steel Odisha Limited | U27320OR2021PLC036237 | |
| Trishakti Real Estate Infrastructure and Developers Limited | U45203DL2006PLC146478 |
To see the full group structure of Jindal Steel Limited, buy the company report.
Employees & EPFO
Jindal Steel Limited has a workforce of 5,660 employees on its EPFO records as of May 2026, across 6 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 5,660 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Jindal Steel Limited, buy the company report.
GST
Jindal Steel has 48 GST registrations: 32 active and 16 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACJ7097D1ZK | Haryana | Active | 01 Jul 2017 |
| 06AAACJ7097D2ZJ | Haryana | Active | 18 Mar 2025 |
| 03AAACJ7097D1ZQ | Punjab | Active | 01 Jul 2017 |
| 04AAACJ7097D1ZO | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jindal Steel Limited, buy the company report.
Recent activity
Jindal Steel Limited has 58 board changes on record since 2007: 7 appointments and 51 cessations. The latest: Aabha Bakaya was appointed as Director on 29 Jul 2026.
513 earlier events are in the company report.
News
Frequently asked questions
Jindal Steel is an active public limited company based in Hisar, Haryana, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 28 September 1979 (47+ years old) and is registered under CIN L27105HR1979PLC009913. Listed on BSE: 532286 and NSE: JINDALSTEL.
Jindal Steel reported revenue of ₹53,455 Cr for FY 2025-26 (up 6.6% YoY) based on consolidated financials.
Jindal Steel has 7 current directors:
- Damodar Mittal - Whole-Time Director
- Debojyoti Roy - Whole-Time Director
- Rohit Kumar - Director
- Naveen Jindal - Director
- Parimal Rai - Director
- Vikas Sehgal - Director
- Aabha Bakaya - Director
The latest financial statements of Jindal Steel on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Jindal Steel is 06AAACJ7097D1ZK, registered in Haryana. The company has 48 GST registrations in all, of which 32 are active and 16 are cancelled or inactive. Other active GSTINs include 06AAACJ7097D2ZJ (Haryana), 03AAACJ7097D1ZQ (Punjab), 04AAACJ7097D1ZO (Chandigarh).
The CIN (Corporate Identification Number) of Jindal Steel is L27105HR1979PLC009913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Jindal Steel is a listed company as per MCA records. Its shares are listed on both BSE (code: 532286) and NSE (symbol: JINDALSTEL).
Jindal Steel has 816 court cases on record: 321 filed by the company and 495 filed against it. 179 are pending. Most are in the high courts.
Jindal Steel was incorporated on 28 September 1979, making it 47+ years old. It is registered with the Registrar of Companies, Haryana.
Jindal Steel has 48 deals on record (41 market trades, 3 funding rounds, 2 acquisitions), with disclosed funding of ₹713.41 Cr; the latest was in February 2025.
The peers of Jindal Steel by revenue are Vedanta Limited, Steel Authority of India Limited, Jindal Stainless Limited, Hindustan Zinc Limited, JSW Steel Coated Products Limited, all in the Metals and Minerals industry (Mining, Steel), with the same principal business activity (manufacture of basic metals).
Aabha Bakaya was appointed as Director on 29 Jul 2026. Vikas Sehgal was appointed as Director on 29 Jul 2026. Gautam Malhotra ceased to be CEO on 15 Jul 2026. Jindal Steel has 58 board changes on record in total.

