Jindal Steel And Power Ltd
JINDALSTELJindal Steel And Power Ltd
JINDALSTEL
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 17.56 | 1.99 | 0.23% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 29.46 | 3.34 | 1.38% |
Forecast & Ratings
Detailed Forecast from 25 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Jindal Steel and Power Limited is a steel producer. The company's segments include Iron & Steel, Power and Other.
Peers
Compare with peersJSW Steel Ltd
Tata Steel Ltd
Bharat Forge Ltd
Jindal Stainless Ltd
Lloyds Metals And Energy Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 19,625.43 | 21,665.49 | 33,353.50 | 46,981.42 | 38,123.42 | 35,110.91 | 51,216.00 | 54,049.45 | 50,511.05 | 50,158.50 | ||||||||||
Raw Materials | 6,096.85 | 6,800.85 | 9,702.57 | 16,460.83 | 11,368.48 | 10,854.60 | 21,278.96 | 24,842.26 | 22,066.12 | 39,692.81 | ||||||||||
| Power & Fuel Cost | 4,368.31 | 4,349.16 | 5,640.31 | 6,704.26 | 6,039.44 | 4,035.07 | 5,831.13 | 7,609.49 | 6,772.63 | |||||||||||
| Employee Cost | 946.57 | 913.55 | 955.66 | 1,071.85 | 913.26 | 821.03 | 870.66 | 1,134.25 | 1,288.03 | |||||||||||
| Selling & Administrative Expenses | 703.27 | 1,104.51 | 1,456.80 | 1,410.22 | 1,451.95 | 1,975.75 | 3,172.03 | 2,732.51 | 2,465.41 | |||||||||||
| Operating & Other expenses | 4,152.70 | 4,150.56 | 9,713.48 | 14,391.41 | 11,444.79 | 6,179.14 | 6,388.47 | 8,327.73 | 7,561.61 | |||||||||||
EBITDA | 3,357.73 | 4,346.86 | 5,884.68 | 6,942.85 | 6,905.50 | 11,245.32 | 13,674.75 | 9,403.21 | 10,357.25 | 10,465.69 | ||||||||||
| Depreciation/Amortization | 4,067.88 | 3,949.02 | 3,883.03 | 5,480.35 | 3,428.87 | 2,414.13 | 2,096.78 | 2,690.95 | 2,821.75 | 3,009.45 | ||||||||||
| PBIT | -710.15 | 397.84 | 2,001.65 | 1,462.50 | 3,476.63 | 8,831.19 | 11,577.97 | 6,712.26 | 7,535.50 | 7,456.24 | ||||||||||
| Interest & Other Items | 3,253.56 | 3,440.74 | 3,865.70 | 4,264.19 | 3,767.88 | 2,753.34 | 1,887.71 | 1,445.89 | 1,294.23 | 1,293.45 | ||||||||||
| PBT | -3,963.71 | -3,042.90 | -1,864.05 | -2,801.69 | -291.25 | 6,077.85 | 9,690.26 | 5,266.37 | 6,241.27 | 6,162.79 | ||||||||||
| Taxes & Other Items | -997.47 | -761.62 | -454.94 | -1,156.35 | -182.08 | 2,444.29 | 3,937.21 | 2,092.43 | 302.85 | 1,098.05 | ||||||||||
| Net Income | -2,966.24 | -2,281.28 | -1,409.11 | -1,645.34 | -109.17 | 3,633.56 | 5,753.05 | 3,173.94 | 5,938.42 | 5,064.74 | ||||||||||
| EPS | -32.42 | -24.93 | -14.97 | -17.00 | -1.10 | 35.62 | 56.66 | 31.49 | 59.17 | 50.53 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 2.00 | 2.00 | 2.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.06 | 0.03 | 0.04 |
Company Updates
Peers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Jindal Steel And Power Ltd | 14.98 | 1.99 | 0.23% |
| JSW Steel Ltd | 27.06 | 2.99 | 0.93% |
| Tata Steel Ltd | -40.17 | 1.93 | 2.52% |
| Bharat Forge Ltd | 64.43 | 8.55 | 0.19% |
Price Comparison
Compare JINDALSTEL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Jindal Steel And Power Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Manufacturing Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1988% | Percentage of the fund’s portfolio invested in the stock 1.30% | Change in the portfolio weight of the stock over the last 3 months 0.43% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 29/101 (+4) |
Axis India Manufacturing Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0634% | Percentage of the fund’s portfolio invested in the stock 0.93% | Change in the portfolio weight of the stock over the last 3 months -0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 29/93 (-2) |
Motilal Oswal Large Cap Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0298% | Percentage of the fund’s portfolio invested in the stock 2.07% | Change in the portfolio weight of the stock over the last 3 months -0.58% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 23/49 (-4) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 22, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Aug 22, 2024
Cash Dividend
Ex DateEx DateAug 18, 2023
Dividend/Share
₹2.00
Ex DateEx Date
Aug 18, 2023
Cash Dividend
Ex DateEx DateSep 20, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Sep 20, 2022
Cash Dividend
Ex DateEx DateMar 16, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Mar 16, 2022
Cash Dividend
Ex DateEx DateJul 11, 2014
Dividend/Share
₹1.50
Ex DateEx Date
Jul 11, 2014
Jindal Steel & Power Ltd dropped for a fifth straight session today. The stock is quoting at Rs 861.1, down 2.92% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 23659.1. The Sensex is at 78018.99, down 0.83%.Jindal Steel & Power Ltd has lost around 13.3% in last one month.Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has eased around 10.64% in last one month and is currently quoting at 9078.5, down 2.5% on the day. The volume in the stock stood at 11.57 lakh shares today, compared to the daily average of 24.38 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 862.2, down 3.07% on the day. Jindal Steel & Power Ltd jumped 32.82% in last one year as compared to a 20.25% rally in NIFTY and a 30.31% spurt in the Nifty Metal index.The PE of the stock is 17.68 based on TTM earnings ending September 24.Powered by Capital Market - Live
Net profit of Jindal Steel & Power declined 37.97% to Rs 860.90 crore in the quarter ended September 2024 as against Rs 1387.82 crore during the previous quarter ended September 2023. Sales declined 8.46% to Rs 11213.31 crore in the quarter ended September 2024 as against Rs 12250.16 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales11213.3112250.16 -8 OPM %19.6218.66 - PBDT1909.231987.95 -4 PBT1213.271384.27 -12 NP860.901387.82 -38 Powered by Capital Market - Live
Jindal Steel & Power will hold a meeting of the Board of Directors of the Company on 6 November 2024Powered by Capital Market - Live
Jindal Steel & Power Ltd is up for a third straight session in a row. The stock is quoting at Rs 1045.05, up 2.32% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 25955.35. The Sensex is at 84997.01, up 0.08%. Jindal Steel & Power Ltd has risen around 6.03% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has risen around 1.98% in last one month and is currently quoting at 9454.85, up 2.37% on the day. The volume in the stock stood at 21.44 lakh shares today, compared to the daily average of 18.64 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 1048, up 2.63% on the day. Jindal Steel & Power Ltd is up 50.32% in last one year as compared to a 31.92% spurt in NIFTY and a 43.3% spurt in the Nifty Metal index.The PE of the stock is 19.55 based on TTM earnings ending June 24.Powered by Capital Market - Live
Jindal Steel & Power Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1038.9, up 0.76% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.07% on the day, quoting at 25374.05. The Sensex is at 82944.41, up 0.06%. Jindal Steel & Power Ltd has risen around 8.93% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has risen around 3.54% in last one month and is currently quoting at 9370.65, up 1.23% on the day. The volume in the stock stood at 11.42 lakh shares today, compared to the daily average of 14.43 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 1039.7, up 0.78% on the day. Jindal Steel & Power Ltd is up 47.97% in last one year as compared to a 26.03% spurt in NIFTY and a 36.34% spurt in the Nifty Metal index.The PE of the stock is 19.74 based on TTM earnings ending June 24.Powered by Capital Market - Live
Jindal Steel (JSPL) and Jindal Renewables (JRPL) have announced a landmark Memorandum of Understanding (MOU) to implement India's biggest investment in green hydrogen by any Indian steelmaker till date. This collaboration underscores a major commitment by both companies towards decarbonisation and green energy leadership in India's steel industry. The MOU outlines JSPL's plan to integrate green hydrogen into its Direct Reduced Iron (DRI) units in Angul, Odisha. This initiative represents a significant leap towards low emission steel production. In the first phase, Jindal Renewables will develop a green hydrogen generation capacity of up to 4,500 tons per annum set to commence by December 2025. In addition, the project will also entail supply of 36,000 tons of oxygen per annum that will be used in the Angul steelworks. JRPL will also be supplying ~3GW of renewable energy to JSPL's facilities reducing the steelmaker's dependence on coal fired energy by 50% in the next 2-3 years. This integration of green energy is expected to drastically lower the company's carbon footprint. JSPL will provide essential infrastructure and support, while JRPL will handle the development and operation of the green hydrogen and renewable energy facilities. This collaboration underscores a major commitment to decarbonisation and green energy leadership in India's steel industry. With innovative engineering, the MOU aims not only to significantly slash the cost of green hydrogen production but also to ensure sustainable long term business model by locking in offtake for the next 25 years. Powered by Capital Market - Live
Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting at Rs 984.6, up 1.83% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 24979.2. The Sensex is at 81644.31, up 0.15%. Jindal Steel & Power Ltd has risen around 8.32% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has risen around 1.84% in last one month and is currently quoting at 9028.2, up 1.04% on the day. The volume in the stock stood at 10.44 lakh shares today, compared to the daily average of 13.99 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 989.2, up 2.24% on the day. Jindal Steel & Power Ltd is up 42.32% in last one year as compared to a 24.46% spurt in NIFTY and a 31.38% spurt in the Nifty Metal index.The PE of the stock is 18.51 based on TTM earnings ending June 24.Powered by Capital Market - Live
Jindal Steel & Power announced that the Annual General Meeting (AGM) of the company will be held on 30 August 2024.Powered by Capital Market - Live
Jindal Steel Eyes 50 Million Tonne Annual Output Within Seven Years
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Axis Bank, Jindal Steel and Power among 5 stocks with short buildup - On Radar
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 1.46%, vs industry avg of 9.83%
Decreasing Market Share
Over the last 5 years, market share decreased from 8.87% to 6.39%