Jindal Steel & Power Future Growth

Future criteria checks 4/6

Jindal Steel & Power is forecast to grow earnings and revenue by 33.2% and 18.5% per annum respectively. EPS is expected to grow by 33.5% per annum. Return on equity is forecast to be 16% in 3 years.

Key information

33.2%

Earnings growth rate

33.5%

EPS growth rate

Metals and Mining earnings growth	30.3%
Revenue growth rate	18.5%
Future return on equity	16.0%
Analyst coverage	Good
Last updated	14 Nov 2024

Recent future growth updates

Jindal Steel & Power Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 27

Recent updates

Jindal Steel & Power (NSE:JINDALSTEL) Will Pay A Dividend Of ₹2.00

Aug 11

Jindal Steel & Power Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 27

Improved Earnings Required Before Jindal Steel & Power Limited (NSE:JINDALSTEL) Shares Find Their Feet

Jul 17

Are Investors Undervaluing Jindal Steel & Power Limited (NSE:JINDALSTEL) By 41%?

Jun 11

Here's Why Jindal Steel & Power (NSE:JINDALSTEL) Can Manage Its Debt Responsibly

May 22

A Look At The Intrinsic Value Of Jindal Steel & Power Limited (NSE:JINDALSTEL)

Mar 12

We Think Jindal Steel & Power (NSE:JINDALSTEL) Can Stay On Top Of Its Debt

Dec 28

We Think Jindal Steel & Power (NSE:JINDALSTEL) Is Taking Some Risk With Its Debt

Sep 25

Calculating The Intrinsic Value Of Jindal Steel & Power Limited (NSE:JINDALSTEL)

Aug 13

Here's Why We Think Jindal Steel & Power (NSE:JINDALSTEL) Is Well Worth Watching

Jun 24

Jindal Steel & Power (NSE:JINDALSTEL) Seems To Use Debt Quite Sensibly

Jun 06

Should You Be Adding Jindal Steel & Power (NSE:JINDALSTEL) To Your Watchlist Today?

Mar 22

Is There An Opportunity With Jindal Steel & Power Limited's (NSE:JINDALSTEL) 34% Undervaluation?

Mar 05

Jindal Steel & Power (NSE:JINDALSTEL) Seems To Use Debt Quite Sensibly

Dec 22

Earnings and Revenue Growth Forecasts

NSEI:JINDALSTEL - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	774,760	108,522	73,001	146,210	22
3/31/2026	656,840	82,592	30,377	120,106	26
3/31/2025	527,325	52,536	10,175	101,829	25
9/30/2024	500,194	50,647	-45,180	56,797	N/A
6/30/2024	510,563	55,916	N/A	N/A	N/A
3/31/2024	500,268	59,384	-25,087	60,084	N/A
12/31/2023	502,317	54,656	N/A	N/A	N/A
9/30/2023	509,829	40,560	17,552	94,264	N/A
6/30/2023	522,541	28,679	N/A	N/A	N/A
3/31/2023	527,112	31,511	8,989	73,474	N/A
12/31/2022	533,587	41,994	N/A	N/A	N/A
9/30/2022	534,312	52,974	50,856	96,485	N/A
6/30/2022	535,215	76,819	N/A	N/A	N/A
3/31/2022	510,856	82,550	131,033	160,478	N/A
12/31/2021	518,081	87,652	N/A	N/A	N/A
9/30/2021	485,638	94,098	148,804	162,163	N/A
6/30/2021	436,515	76,622	N/A	N/A	N/A
3/31/2021	345,405	61,518	111,028	119,609	N/A
12/31/2020	404,054	36,606	N/A	N/A	N/A
9/30/2020	373,987	11,428	72,543	87,747	N/A
6/30/2020	362,792	645	N/A	N/A	N/A
3/31/2020	304,905	-2,832	72,740	88,143	N/A
12/31/2019	383,298	-26,612	N/A	N/A	N/A
9/30/2019	386,103	-24,609	N/A	N/A	N/A
6/30/2019	396,532	-18,167	N/A	N/A	N/A
3/31/2019	393,732	-16,453	75,936	90,269	N/A
12/31/2018	378,120	1,924	N/A	N/A	N/A
9/30/2018	352,389	-496	N/A	N/A	N/A
6/30/2018	313,801	-8,412	N/A	N/A	N/A
3/31/2018	273,834	-14,091	N/A	77,243	N/A
12/31/2017	250,752	-11,467	N/A	N/A	N/A
9/30/2017	234,905	-12,882	N/A	N/A	N/A
6/30/2017	220,326	-15,862	N/A	N/A	N/A
3/31/2017	210,505	-22,813	N/A	68,498	N/A
12/31/2016	193,659	-17,935	N/A	N/A	N/A
9/30/2016	182,673	-22,558	N/A	N/A	N/A
6/30/2016	183,546	-24,417	N/A	N/A	N/A
3/31/2016	183,712	-29,662	N/A	43,328	N/A
12/31/2015	177,736	-20,500	N/A	N/A	N/A
9/30/2015	186,140	-30,953	N/A	N/A	N/A
6/30/2015	189,164	-20,355	N/A	N/A	N/A
3/31/2015	193,591	-12,781	N/A	11,825	N/A
12/31/2014	204,150	-3,563	N/A	N/A	N/A
9/30/2014	205,467	18,240	N/A	N/A	N/A
6/30/2014	203,837	18,342	N/A	N/A	N/A
3/31/2014	192,863	19,104	N/A	45,801	N/A
12/31/2013	206,118	22,681	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: JINDALSTEL's forecast earnings growth (33.2% per year) is above the savings rate (6.7%).

Earnings vs Market: JINDALSTEL's earnings (33.2% per year) are forecast to grow faster than the Indian market (18.1% per year).

High Growth Earnings: JINDALSTEL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JINDALSTEL's revenue (18.5% per year) is forecast to grow faster than the Indian market (10.5% per year).

High Growth Revenue: JINDALSTEL's revenue (18.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: JINDALSTEL's Return on Equity is forecast to be low in 3 years time (16%).

Jindal Steel & Power Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 11%

Jindal Steel & Power Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Price target increased by 11% to ₹950

Consensus EPS estimates increase by 13%, revenue downgraded

Price target increased by 9.9% to ₹797

Price target decreased by 7.0% to ₹689

Recent updates

Consensus EPS estimates fall by 11%

New minor risk - Insider selling

Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 21% undervalued after recent price drop

Jindal Steel & Power (NSE:JINDALSTEL) Will Pay A Dividend Of ₹2.00

Dividend of ₹2.00 announced

Jindal Steel & Power Limited, Annual General Meeting, Aug 30, 2024

Jindal Steel & Power Limited to Report Fiscal Year 2025 Results on May 30, 2025

Adani Reportedly Tops KSK Mahanadi Bidder List

Now 21% undervalued

Jindal Steel & Power Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

First quarter 2025 earnings: EPS and revenues exceed analyst expectations

Improved Earnings Required Before Jindal Steel & Power Limited (NSE:JINDALSTEL) Shares Find Their Feet

Jindal Steel & Power Limited to Report Q1, 2025 Results on Jul 24, 2024

Are Investors Undervaluing Jindal Steel & Power Limited (NSE:JINDALSTEL) By 41%?

Here's Why Jindal Steel & Power (NSE:JINDALSTEL) Can Manage Its Debt Responsibly

Price target increased by 11% to ₹950

Full year 2024 earnings: EPS exceeds analyst expectations

Jindal Steel & Power Limited to Report Q4, 2024 Results on May 13, 2024

Jindal Steel & Power Limited Appoints Sunil Agrawal as Interim Chief Financial Officer

Now 20% overvalued after recent price rise

A Look At The Intrinsic Value Of Jindal Steel & Power Limited (NSE:JINDALSTEL)

Now 20% overvalued after recent price rise

Consensus EPS estimates increase by 13%, revenue downgraded

Now 21% overvalued after recent price rise

Price target increased by 9.9% to ₹797

Jindal Steel & Power Limited Announces CEO Changes

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Jindal Steel & Power Limited to Report Q3, 2024 Results on Jan 31, 2024

We Think Jindal Steel & Power (NSE:JINDALSTEL) Can Stay On Top Of Its Debt

Price target decreased by 7.0% to ₹689

Second quarter 2024 earnings released: EPS: ₹13.81 (vs ₹1.99 in 2Q 2023)

Jindal Steel & Power Limited to Report Q2, 2024 Results on Oct 31, 2023

We Think Jindal Steel & Power (NSE:JINDALSTEL) Is Taking Some Risk With Its Debt

Jindal Steel & Power Limited Announces Executive Changes

Now 20% undervalued

Price target increased by 7.1% to ₹710

Calculating The Intrinsic Value Of Jindal Steel & Power Limited (NSE:JINDALSTEL)

Upcoming dividend of ₹2.00 per share at 0.3% yield

Full year 2023 earnings: EPS misses analyst expectations

Jindal Steel & Power Limited, Annual General Meeting, Aug 28, 2023

Jindal Steel & Power Limited to Report Q1, 2024 Results on Aug 11, 2023

Jindal Steel & Power (NSE:JINDALSTEL) Has A Pretty Healthy Balance Sheet

Jindal Steel & Power Limited Recommends Final Dividend for the Financial Year 2022-2023

Full year 2023 earnings: EPS misses analyst expectations

Jindal Steel & Power Limited to Report Q4, 2023 Results on May 16, 2023

Is Jindal Steel & Power (NSE:JINDALSTEL) Using Too Much Debt?

Consensus EPS estimates fall by 24%, revenue upgraded

Price target increased by 7.4% to ₹571

Third quarter 2023 earnings released: EPS: ₹5.16 (vs ₹15.85 in 3Q 2022)

Jindal Steel & Power Limited to Report Q3, 2023 Results on Jan 31, 2023

High number of new and inexperienced directors

Vedanta Reportedly Looks to Sell Electrosteel

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Jindal Steel & Power Limited Appoints Rohit Kumar as an Additional Director in the Category of Independent Director

Upcoming dividend of ₹2.00 per share

Auditors Have Doubts About Jindal Steel & Power (NSE:JINDALSTEL)

Jindal Steel & Power Limited to Report Q2, 2023 Results on Nov 14, 2022

Jindal Steel & Power Limited, Annual General Meeting, Sep 30, 2022

Insider recently bought ₹4.4m worth of stock

Jindal Steel & Power Limited Announces Cessation of Vidya Rattan Sharma as Director, Effective August 13, 2022

A Look At The Intrinsic Value Of Jindal Steel & Power Limited (NSE:JINDALSTEL)

Price target decreased to ₹421

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Jindal Steel & Power Limited Announces Directorate Changes

Jindal Steel & Power Limited to Report Q1, 2023 Results on Jul 15, 2022

Here's Why We Think Jindal Steel & Power (NSE:JINDALSTEL) Is Well Worth Watching

Insider recently sold ₹19m worth of stock

Jindal Steel & Power (NSE:JINDALSTEL) Seems To Use Debt Quite Sensibly