Jindal Steel Ltd Share Price – NSE /  BSE

Steel, Mid Cap

Jindal Steel Ltd is down for a fifth straight session today. The stock is quoting at Rs 1203.2, down 1.63% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.07% on the day, quoting at 23643.4. The Sensex is at 75121.38, down 0.26%.Jindal Steel Ltd has lost around 5.9% in last one month.Meanwhile, Nifty Metal index of which Jindal Steel Ltd is a constituent, has increased around 2.42% in last one month and is currently quoting at 13186.5, up 0.13% on the day. The volume in the stock stood at 6.16 lakh shares today, compared to the daily average of 12.83 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 1206.1, down 1.7% on the day. Jindal Steel Ltd jumped 25.34% in last one year as compared to a 3.93% slide in NIFTY and a 43.84% spurt in the Nifty Metal index.

The PE of the stock is 29.95 based on TTM earnings ending March 26.

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Net sales increased by 23% year-on-year (YoY) to Rs 16,217.93 crore during the period under review.

Production and sales for the quarter were 2.65 MT (up 25.6% YoY) and 2.62 MT (up 23% YoY), respectively.

Total operating expenditure rose by 16.1% to Rs 14,106.05 crore in Q4 FY26 over Q4 FY25.

Adjusted EBITDA for the March 2026 quarter was Rs 2,647 Cr, up 66% QoQ.

The company posted a pre-tax profit of Rs 1074.15 crore in Q4 FY26, which is significantly higher as compared with the PBT of Rs 71.81 crore recorded in Q4 FY25.

For FY26, the bank has posted net profit and total income of Rs 3367.38 crore (up 19.7% YoY) and Rs 53,224.92 crore (up 7% YoY), respectively.

Consolidated NET DEBT was Rs 16,019 crore as at 31 March 2026 as compared with Rs 15,443 crore as at 31 December 2025.

Net Debt/EBITDA decreased to 1.66x as at 31 March 2026 compared with 1.72x as at 31 December 2025. The total capex for the quarter was Rs 2,573 crore.

During the year, the company stated that it has commissioned the 4.6 MTPA Blast furnace - Bhagavati Subhadrika, 3.0 MTPA BOF2 and 3.0 MTPA BOF3, increasing its crude steel capacity to 15.6 MTPA. The ramp up of these facilities is progressing steadily.

The company also operationalized both modules of SBPP (2 X 525 MW), a 1.2 MTPA CRM complex and a coal pipe conveyor belt. Jindal Steel has been declared the preferred bidder for the Thakurani ? A1 iron ore block, further strengthening its iron ore security.

Jindal Steel and Power is the flagship company of Jindal Group, an industrial powerhouse which has a strong presence in the steel, power, mining, and infrastructure sectors globally.

The scrip shed 0.40% to end at Rs 1223.85 on the BSE on Friday.

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Jindal Steel announced that the Board of Directors of the Company at its meeting held on 1 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

Net profit of Jindal Steel reported to Rs 1044.75 crore in the quarter ended March 2026 as against net loss of Rs 339.40 crore during the previous quarter ended March 2025. Sales rose 23.02% to Rs 16217.93 crore in the quarter ended March 2026 as against Rs 13183.13 crore during the previous quarter ended March 2025.

For the full year,net profit rose 19.74% to Rs 3367.38 crore in the year ended March 2026 as against Rs 2812.13 crore during the previous year ended March 2025. Sales rose 6.95% to Rs 53224.92 crore in the year ended March 2026 as against Rs 49764.97 crore during the previous year ended March 2025.

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