Jindal Steel Limited

NSEI:JINDALSTEL Stock Report

Market Cap: ₹1.1t

Jindal Steel Future Growth

Future criteria checks 4/6

Jindal Steel is forecast to grow earnings and revenue by 44.7% and 19.3% per annum respectively. EPS is expected to grow by 45% per annum. Return on equity is forecast to be 15.2% in 3 years.

Key information

44.7%

Earnings growth rate

44.97%

EPS growth rate

Metals and Mining earnings growth24.2%
Revenue growth rate19.3%
Future return on equity15.23%
Analyst coverage

Good

Last updated17 Nov 2025

Recent future growth updates

Jindal Steel Limited (NSE:JINDALSTEL) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Oct 31
Jindal Steel Limited (NSE:JINDALSTEL) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Jindal Steel Limited (NSE:JINDALSTEL) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Aug 15
Jindal Steel Limited (NSE:JINDALSTEL) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Jindal Steel & Power Limited Just Missed EPS By 34%: Here's What Analysts Think Will Happen Next

May 03
Jindal Steel & Power Limited Just Missed EPS By 34%: Here's What Analysts Think Will Happen Next

Recent updates

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

Nov 18
We Think Jindal Steel (NSE:JINDALSTEL) Is Taking Some Risk With Its Debt

Jindal Steel Limited (NSE:JINDALSTEL) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Oct 31
Jindal Steel Limited (NSE:JINDALSTEL) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Is Jindal Steel Limited (NSE:JINDALSTEL) Trading At A 29% Discount?

Sep 22
Is Jindal Steel Limited (NSE:JINDALSTEL) Trading At A 29% Discount?

Jindal Steel Limited (NSE:JINDALSTEL) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Aug 15
Jindal Steel Limited (NSE:JINDALSTEL) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Jindal Steel (NSE:JINDALSTEL) Is Due To Pay A Dividend Of ₹2.00

Aug 12
Jindal Steel (NSE:JINDALSTEL) Is Due To Pay A Dividend Of ₹2.00

Jindal Steel Limited's (NSE:JINDALSTEL) P/E Still Appears To Be Reasonable

Aug 06
Jindal Steel Limited's (NSE:JINDALSTEL) P/E Still Appears To Be Reasonable

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

Jun 13
Is Jindal Steel & Power (NSE:JINDALSTEL) Using Too Much Debt?

Jindal Steel & Power Limited (NSE:JINDALSTEL) Shares Could Be 38% Below Their Intrinsic Value Estimate

May 26
Jindal Steel & Power Limited (NSE:JINDALSTEL) Shares Could Be 38% Below Their Intrinsic Value Estimate

Investors Can Find Comfort In Jindal Steel & Power's (NSE:JINDALSTEL) Earnings Quality

May 08
Investors Can Find Comfort In Jindal Steel & Power's (NSE:JINDALSTEL) Earnings Quality

Jindal Steel & Power Limited Just Missed EPS By 34%: Here's What Analysts Think Will Happen Next

May 03
Jindal Steel & Power Limited Just Missed EPS By 34%: Here's What Analysts Think Will Happen Next

Sentiment Still Eluding Jindal Steel & Power Limited (NSE:JINDALSTEL)

Feb 01
Sentiment Still Eluding Jindal Steel & Power Limited (NSE:JINDALSTEL)

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

Dec 20
Jindal Steel & Power (NSE:JINDALSTEL) Seems To Use Debt Quite Sensibly
User avatar

The Expansion In Angul And Utkal Mining Will Drive Impressive Margin Growth And Enhanced Profitability

Expansion at Angul, including a new blast furnace, aims to boost production capacity, potentially driving higher revenue and operational efficiency.

Earnings and Revenue Growth Forecasts

NSEI:JINDALSTEL - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2028790,150105,12669,401142,98720
3/31/2027692,25985,72839,049126,62025
3/31/2026556,72056,143-7,13994,17925
9/30/2025489,14227,433-624100,321N/A
6/30/2025484,41629,660N/AN/AN/A
3/31/2025497,65028,1212,169108,240N/A
12/31/2024500,68840,869N/AN/AN/A
9/30/2024500,19450,647-45,39856,579N/A
6/30/2024510,56355,916N/AN/AN/A
3/31/2024500,26859,384-25,08760,084N/A
12/31/2023502,31754,656N/AN/AN/A
9/30/2023509,82940,56017,55294,264N/A
6/30/2023522,54128,679N/AN/AN/A
3/31/2023527,11231,5118,98973,474N/A
12/31/2022533,58741,994N/AN/AN/A
9/30/2022534,31252,97450,85696,485N/A
6/30/2022535,21576,819N/AN/AN/A
3/31/2022510,85682,550131,033160,478N/A
12/31/2021518,08187,652N/AN/AN/A
9/30/2021485,63894,098148,804162,163N/A
6/30/2021436,51576,622N/AN/AN/A
3/31/2021345,40561,518111,028119,609N/A
12/31/2020404,05436,606N/AN/AN/A
9/30/2020373,98711,42872,54387,747N/A
6/30/2020362,792645N/AN/AN/A
3/31/2020304,905-2,83272,74088,143N/A
12/31/2019383,298-26,612N/AN/AN/A
9/30/2019386,103-24,609N/AN/AN/A
6/30/2019396,532-18,167N/AN/AN/A
3/31/2019393,732-16,453N/A90,269N/A
12/31/2018378,1201,924N/AN/AN/A
9/30/2018352,389-496N/AN/AN/A
6/30/2018313,801-8,412N/AN/AN/A
3/31/2018273,834-14,091N/A77,243N/A
12/31/2017250,752-11,467N/AN/AN/A
9/30/2017234,905-12,882N/AN/AN/A
6/30/2017220,326-15,862N/AN/AN/A
3/31/2017210,505-22,813N/A68,498N/A
12/31/2016193,659-17,935N/AN/AN/A
9/30/2016182,673-22,558N/AN/AN/A
6/30/2016183,546-24,417N/AN/AN/A
3/31/2016183,712-29,662N/A43,328N/A
12/31/2015177,736-20,500N/AN/AN/A
9/30/2015186,140-30,953N/AN/AN/A
6/30/2015189,164-20,355N/AN/AN/A
3/31/2015193,591-12,781N/A11,825N/A
12/31/2014204,150-3,563N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: JINDALSTEL's forecast earnings growth (44.7% per year) is above the savings rate (6.8%).

Earnings vs Market: JINDALSTEL's earnings (44.7% per year) are forecast to grow faster than the Indian market (16.6% per year).

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

Revenue vs Market: JINDALSTEL's revenue (19.3% per year) is forecast to grow faster than the Indian market (10.9% per year).

High Growth Revenue: JINDALSTEL's revenue (19.3% 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 (15.2%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/18 23:41
End of Day Share Price 2025/11/18 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Jindal Steel Limited is covered by 61 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Ashwin MehtaAmbit Capital
Satyadeep JainAmbit Capital