Jindal Steel & Power Limited

NSE:JINDALSTEL India Steel
Market Cap
$13.60 Billion
₹1.18 Trillion INR
Market Cap Rank
#2846 Global
#72 in India
Share Price
₹1157.30
Change (1 day)
+1.22%
52-Week Range
₹786.90 - ₹1266.50
All Time High
₹1266.50
Categories
Companies in India Steel
About

Jindal Steel Limited operates in the steel, mining, and infrastructure sectors in India and internationally. It offers rails; medium and heavy hot-rolled parallel flange beams and column sections; plates and coils; angles and channels; cold heading quality, electrode quality, and high carbon wire rods; round bars; fabricated sections; Jindal Speedfloor concrete flooring solutions; Jindal Panther … Read more

Jindal Steel & Power Limited (JINDALSTEL) - Net Assets

Latest net assets as of September 2025: ₹503.86 Billion INR

Based on the latest financial reports, Jindal Steel & Power Limited (JINDALSTEL) has net assets worth ₹503.86 Billion INR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹917.37 Billion) and total liabilities (₹413.51 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ₹503.86 Billion
% of Total Assets 54.92%
Annual Growth Rate 19.61%
5-Year Change 53.28%
10-Year Change 150.27%
Growth Volatility 25.11

Jindal Steel & Power Limited - Net Assets Trend (2005–2025)

This chart illustrates how Jindal Steel & Power Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Jindal Steel & Power Limited (2005–2025)

The table below shows the annual net assets of Jindal Steel & Power Limited from 2005 to 2025.

Year Net Assets Change
2025-03-31 ₹474.19 Billion +5.96%
2024-03-31 ₹447.51 Billion +14.69%
2023-03-31 ₹390.19 Billion +5.19%
2022-03-31 ₹370.95 Billion +19.91%
2021-03-31 ₹309.37 Billion -1.35%
2020-03-31 ₹313.61 Billion -2.38%
2019-03-31 ₹321.27 Billion +4.22%
2018-03-31 ₹308.25 Billion +0.42%
2017-03-31 ₹306.97 Billion +62.01%
2016-03-31 ₹189.47 Billion -13.48%
2015-03-31 ₹218.99 Billion -7.56%
2014-03-31 ₹236.91 Billion +8.63%
2013-03-31 ₹218.10 Billion +18.41%
2012-03-31 ₹184.18 Billion +28.41%
2011-03-31 ₹143.44 Billion +35.54%
2010-03-31 ₹105.83 Billion +49.98%
2009-03-31 ₹70.56 Billion +82.70%
2008-03-31 ₹38.62 Billion +50.60%
2007-03-31 ₹25.64 Billion +34.65%
2006-03-31 ₹19.05 Billion +44.35%
2005-03-31 ₹13.19 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Jindal Steel & Power Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 45129110000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ₹451.29 Billion 95.64%
Common Stock ₹1.01 Billion 0.21%
Other Comprehensive Income ₹-56.50 Million -0.01%
Other Components ₹19.60 Billion 4.15%
Total Equity ₹471.85 Billion 100.00%

Jindal Steel & Power Limited Competitors by Market Cap

The table below lists competitors of Jindal Steel & Power Limited ranked by their market capitalization.

Company Market Cap
Allfunds Group Ltd
AS:ALLFG
 		$4.84 Billion
Protagonist Therapeutics Inc
NASDAQ:PTGX
 		$4.84 Billion
Trelleborg AB ser. B
LSE:0NL3
 		$4.84 Billion
Atlantic Union Bankshares Corp
NYSE:AUB
 		$4.85 Billion
FTI Consulting Inc
NYSE:FCN
 		$4.83 Billion
Hainan Airlines Co Ltd A
SHG:600221
 		$4.83 Billion
Hyundai Engineering & Construction
KO:000720
 		$4.83 Billion
True Corporation Public Company Limited
PINK:TCPFF
 		$4.83 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jindal Steel & Power Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 443,160,100,000 to 471,848,800,000, a change of 28,688,700,000 (6.5%).
  • Net income of 28,121,300,000 contributed positively to equity growth.
  • Dividend payments of 1,998,700,000 reduced retained earnings.
  • Share repurchases of 11,173,400,000 reduced equity.
  • New share issuances of 11,173,400,000 increased equity.
  • Other comprehensive income increased equity by 6,772,500,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₹28.12 Billion +5.96%
Dividends Paid ₹2.00 Billion -0.42%
Share Repurchases ₹11.17 Billion -2.37%
Share Issuances ₹11.17 Billion +2.37%
Other Comprehensive Income ₹6.77 Billion +1.44%
Other Changes ₹-4.21 Billion -0.89%
Total Change ₹- 6.47%

Book Value vs Market Value Analysis

This analysis compares Jindal Steel & Power Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.48x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 81.03x to 2.48x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-03-31 ₹14.28 ₹1157.30 x
2006-03-31 ₹18.97 ₹1157.30 x
2007-03-31 ₹25.49 ₹1157.30 x
2008-03-31 ₹38.41 ₹1157.30 x
2009-03-31 ₹70.25 ₹1157.30 x
2010-03-31 ₹103.77 ₹1157.30 x
2011-03-31 ₹140.57 ₹1157.30 x
2012-03-31 ₹180.42 ₹1157.30 x
2013-03-31 ₹227.34 ₹1157.30 x
2014-03-31 ₹247.14 ₹1157.30 x
2015-03-31 ₹229.99 ₹1157.30 x
2016-03-31 ₹198.35 ₹1157.30 x
2017-03-31 ₹328.45 ₹1157.30 x
2018-03-31 ₹331.62 ₹1157.30 x
2019-03-31 ₹335.02 ₹1157.30 x
2020-03-31 ₹316.64 ₹1157.30 x
2021-03-31 ₹311.88 ₹1157.30 x
2022-03-31 ₹349.25 ₹1157.30 x
2023-03-31 ₹384.60 ₹1157.30 x
2024-03-31 ₹441.40 ₹1157.30 x
2025-03-31 ₹466.89 ₹1157.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jindal Steel & Power Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 5.96%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.65%
  • • Asset Turnover: 0.58x
  • • Equity Multiplier: 1.82x
  • Recent ROE (5.96%) is below the historical average (13.27%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 39.09% 22.88% 0.63x 2.72x ₹3.84 Billion
2006 30.11% 22.13% 0.39x 3.48x ₹3.83 Billion
2007 27.32% 19.86% 0.35x 3.91x ₹4.43 Billion
2008 32.45% 22.79% 0.41x 3.45x ₹8.66 Billion
2009 42.65% 27.71% 0.56x 2.74x ₹23.02 Billion
2010 34.89% 32.77% 0.44x 2.41x ₹25.93 Billion
2011 26.96% 29.01% 0.36x 2.55x ₹23.93 Billion
2012 22.10% 21.98% 0.40x 2.49x ₹21.91 Billion
2013 13.69% 14.69% 0.35x 2.69x ₹7.85 Billion
2014 -5.65% -6.60% 0.26x 3.28x ₹-35.39 Billion
2015 -6.07% -6.60% 0.26x 3.59x ₹-33.82 Billion
2016 -16.35% -16.15% 0.25x 4.05x ₹-47.81 Billion
2017 -7.59% -10.84% 0.23x 3.01x ₹-52.86 Billion
2018 -4.64% -5.15% 0.31x 2.94x ₹-44.48 Billion
2019 -5.07% -4.18% 0.44x 2.76x ₹-48.88 Billion
2020 -0.34% -0.36% 0.34x 2.79x ₹-33.23 Billion
2021 11.42% 10.52% 0.44x 2.45x ₹4.52 Billion
2022 16.15% 11.26% 0.67x 2.15x ₹21.91 Billion
2023 8.20% 6.02% 0.76x 1.79x ₹-6.97 Billion
2024 13.40% 11.87% 0.64x 1.78x ₹15.07 Billion
2025 5.96% 5.65% 0.58x 1.82x ₹-19.06 Billion

Industry Comparison

This section compares Jindal Steel & Power Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $2,077,213,375
  • Average return on equity (ROE) among peers: 17.87%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jindal Steel & Power Limited (JINDALSTEL) ₹503.86 Billion 39.09% 0.82x $4.84 Billion
Ankit Metal & Power Limited (ANKITMETAL) $-100.86 Million 0.00% 0.00x $722.48K
APL Apollo Tubes Limited (APLAPOLLO) $24.64 Billion 25.12% 0.81x $4.04 Billion
Ashoka Metcast Limited (ASHOKAMET) $23.00K 60.87% 7947.74x $1.75 Million
Bansal Wire Industries Ltd (BANSALWIRE) $2.83 Billion 21.21% 1.65x $84.98 Million
Bedmutha Industries Limited (BEDMUTHA) $1.45 Billion 17.08% 3.51x $8.02 Million
Bharat Wire Ropes Limited (BHARATWIRE) $1.38 Billion 0.97% 2.02x $61.29 Million
Electrotherm (India) Limited (ELECTHERM) $-10.96 Billion 0.00% 0.00x $31.33 Million
Gallantt Ispat Limited (GALLANTT) $1.10 Billion 27.96% 1.96x $327.71 Million
Grand Foundry Limited (GFSTEELS) $-57.50 Million 0.00% 0.00x $1.30 Million
Goodluck India Limited (GOODLUCK) $490.54 Million 25.50% 2.98x $163.26 Million