Jindal Steel stock (March 2026) | Growth, Valuation & Analysis

Jindal Steel

NSEI:JINDALSTEL

Rp 1.143,00

Rp0,00 (0,00%)

1.143,00 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

Jindal Steel Stock Value

The current analyst rating for NSEI:JINDALSTEL is Outperform.

Outperform

Jindal Steel Company Info

EPS Growth 5Y

-12,17%

Market Cap

Rp1.165,96 B

Long-Term Debt

Rp143,04 B

Annual earnings

04/30/2026 (E)

Dividend

Rp1,94

Dividend Yield

0,17%

Founded

1979

Industry

Materials

Country

India

Website

Jindal Steel

ISIN Number

INE749A01030

Website

http://www.jindalsteelpower.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp1.209,00

5.77%

Last Update: 03/27/2026

Analysts: 28

Highest Price Target Rp1.393,00

Average Price Target Rp1.209,00

Lowest Price Target Rp600,00

In the last five quarters, Jindal Steel’s Price Target has risen from Rp824,20 to Rp950,38 - a 15,31% increase. Twenty Four analysts predict that Jindal Steel’s share price will increase in the coming year, reaching Rp1.209,00. This would represent an increase of 5,77%.

Top growth stocks in the materials sector (5Y.)

What does Jindal Steel do?

Jindal Steel & Power Limited primarily engages in steel manufacturing and power generation. With its expansive operations, the company operates one of the largest integrated steel plants, positioning itself as a leader in the Indian steel sector. The company's commitment to producing high-quality steel and power exceeds mere production; it extends to the spheres of sustainability and community development. The company has established an inclusive ecosystem that aims to foster growth across various industries, catering not only to its direct customers but also to the environment and local communities. With a workforce that emphasizes inclusivity and empowerment, it sees itself as a cornerstone of both industrial advancement and social welfare.

Business Segments

The company operates through several key business segments that delineate its diversified offerings in the industrial landscape. The primary segments include:

Steel

This segment plays a fundamental role in the overall revenue of the company. The company offers various steel products ranging from long and flat steel to specialized products that serve the automotive and construction sectors. Through advanced manufacturing techniques, it ensures high product quality while adhering to rigorous international standards. The steel-making facilities leverage innovative technologies that optimize production efficiency and reduce energy consumption, establishing the company as a leader in sustainable practices within the steel industry.

Power Generation

This segment operates thermal and renewable power plants and has made strides in expanding its renewable energy footprint through solar and wind projects. The alignment of power generation with sustainability is central to the company's strategy, indicating its commitment to reducing carbon emissions while meeting energy needs.

Mining

This segment supports the operations of the steel manufacturing process through the extraction of vital raw materials, including iron ore and coal. By owning and operating its mining assets, the company ensures a degree of control over resource availability and cost, which is crucial for maintaining competitive advantage in the global steel market.

Infrastructure

This segment plays a critical role in constructing and maintaining the facilities required for its various operations. This segment reflects the company’s focus on integrated operations, ensuring a seamless supply chain from raw material extraction to final product delivery.

Business Strategy

The company pursues a robust and dynamic business strategy aimed at sustaining its competitive edge and ensuring long-term growth. The company's overarching goal is to consolidate its position as a leading integrated steel producer on the global stage. Key strategic elements include:

Focus on Innovation: The company prioritizes research and development to introduce cutting-edge technologies and processes, which not only enhance production efficiency but also reduce environmental impact. Investment in innovation aligns with the company's dedication to sustainable industrial practices.

Sustainability Initiatives: A core component of the company's strategy is its commitment to sustainability. This involves responsible resource utilization, waste management, and energy efficiency improvements across operations. By establishing partnerships, such as the one with Greenko, the company aims to transition towards carbon-neutral energy solutions.

Market Expansion: The company continuously seeks opportunities for market expansion, both domestically and internationally. This involves exploring new geographical markets while also diversifying its product portfolio to cater to evolving industry demands.

Community Engagement: The company's approach includes a strong emphasis on corporate social responsibility (CSR). The initiatives undertaken by the JSP Foundation reflect the company's commitment to positively impacting local communities through education, health care, and environmental sustainability efforts.

Products and Services

The company offers a comprehensive range of products and services catered to various industries. Its product line includes:

Long and Flat Steel Products: These are utilized extensively in construction and infrastructure projects. The long steel products include rebars and angles, while flat steel products encompass hot-rolled and cold-rolled sheets, catering to both industrial and consumer markets.

Specialty Steel Products: The company manufactures specialized steel grades that meet specific standards set by industries such as automotive, railways, and shipbuilding. These products are characterized by superior quality and performance.

Power Generation Services: Through its thermal and renewable energy ventures, the company not only generates power for internal consumption but also supplies to national grids, thereby contributing to energy accessibility.

Mining Services: The mining segment supports steel and power production by ensuring a steady supply of essential raw materials, contributing to both cost-effectiveness and operational stability.

Geographical Markets Served

The company has a wide geographical reach, with operations that span across India and extend to various international markets. The company's exports cover regions such as Europe, the Middle East, Southeast Asia, and Africa.

Seasonality

The company’s operations, especially in the steel manufacturing sector, do experience certain seasonal trends. Demand for steel often correlates with the construction sector's activity, which typically peaks during specific seasons, notably during the monsoon period when infrastructure projects may slow down. The company adapts its production and inventory management strategies to account for these seasonal variations, ensuring that operational efficiency is maintained throughout the year.

Customer

The company caters to a diverse customer base across multiple industries, including construction, automotive, energy, and manufacturing. The customer categories encompass large industrial players, small and medium-sized enterprises, and government contractors.

Sales and Marketing

The company employs an integrated marketing strategy to promote its products and services. The company leverages various channels, including direct sales, online platforms, and industry events to reach potential customers. Digital marketing initiatives aim to enhance visibility while attending trade fairs and exhibitions allows for direct engagement with key industry players. The company's sales teams are trained to deliver personalized service, focusing on understanding customer needs to provide tailored solutions.

History

Jindal Steel & Power Limited was founded in 1952. The company was incorporated in 1979.

Jindal Steel Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Steel production: approx. 70% - Energy generation: approx. 20% - Infrastructure projects: approx. 10% **TOP 3 markets:** 1. **India:** approx. 55% 2. **China:** approx. 20% 3. **Middle East:** approx. 15% Jindal Steel Limited generates the majority of its rev...

At which locations are the company’s products manufactured?

**Production sites of Jindal Steel Limited:** 1. **Raigarh, Chhattisgarh** 2. **Angul, Odisha** 3. **Patratu, Jharkhand** 4. **Tensa, Odisha** Jindal Steel Limited operates multiple production facilities in India. The main production plants are located in Raigarh, Chhattisgarh, where the company o...

What strategy does Jindal Steel pursue for future growth?

**Revenue Growth:** Estimated at 10-12% annually (2025 forecast) **Investments in Renewable Energy:** $1 billion by 2025 Jindal Steel Limited is pursuing a growth strategy that heavily focuses on diversification and sustainable development. The company plans to expand its production capacities whi...

Which raw materials are imported and from which countries?

**Main raw materials:** Iron ore, coal **Countries of origin:** - **Iron ore:** Australia, Brazil - **Coal:** Australia, Indonesia, South Africa Jindal Steel Limited mainly imports iron ore and coal, the essential raw materials for steel production. Australia and Brazil are leading exporters of hi...

How strong is the company’s competitive advantage?

**Market share:** 12% (2024, estimated) **EBITDA margin:** 18.5% (2024) **Debt-to-equity ratio:** 1.2 (2024) Jindal Steel Limited has a significant competitive advantage stemming from several factors. The market share of approximately 12% in the Indian steel market indicates that the company ha...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 52% (2025, estimated) **Insider Buys/Sells:** No significant transactions in the last 12 months (2025, estimated) The institutional investor share in Jindal Steel Limited is estimated to be around 52%. This demonstrates a strong confidence from institutional inves...

What percentage market share does Jindal Steel have?

**Market share of Jindal Steel Limited:** 8% (estimated for 2025) **Main competitors and their market shares:** 1. **Tata Steel Limited:** 20% 2. **Steel Authority of India Limited (SAIL):** 15% 3. **JSW Steel Limited:** 14% 4. **ArcelorMittal Nippon Steel India:** 10% 5. **Jindal Steel Limited:**...

Is Jindal Steel stock currently a good investment?

**Revenue Growth:** 8.5% (2024) **EBITDA Margin:** 22% (2024) **Debt-to-Equity Ratio:** 0.7 (2024) Jindal Steel Limited achieved a revenue growth of 8.5% in 2024, attributed to strong demand for steel products and effective expansion into new markets. The EBITDA margin of 22% demonstrates solid ope...

Does Jindal Steel pay a dividend – and how reliable is the payout?

**Dividend Yield:** 2.1% (2025, estimated) Jindal Steel Limited has started to pay out dividends more regularly in recent years to attract shareholders and strengthen confidence in the company. The estimated dividend yield of 2.1% in 2025 indicates that the company is committed to sharing its profi...

New support ticket

Explore

Jindal Steel Stock Value

Jindal Steel Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Jindal Steel do?

Jindal Steel Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Jindal Steel Stock Value

Jindal Steel Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Jindal Steel do?

Jindal Steel Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.