Jindal Steel & Power Limited (JINDALSTEL) - Net Assets

Latest as of March 2026: Rs518.41 Billion INR ≈ $5.61 Billion USD

Based on the latest financial reports, Jindal Steel & Power Limited (JINDALSTEL) has net assets worth Rs518.41 Billion INR (≈ $5.61 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs977.62 Billion ≈ $10.57 Billion USD) and total liabilities (Rs459.21 Billion ≈ $4.97 Billion USD). 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. Check Jindal Steel & Power Limited (JINDALSTEL) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs518.41 Billion
% of Total Assets 53.03%
Annual Growth Rate 19.1%
5-Year Change 39.75%
10-Year Change 68.88%
Growth Volatility 24.66

Jindal Steel & Power Limited - Net Assets Trend (2005–2026)

This chart illustrates how Jindal Steel & Power Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Jindal Steel & Power Limited worth.

Annual Net Assets for Jindal Steel & Power Limited (2005–2026)

The table below shows the annual net assets of Jindal Steel & Power Limited from 2005 to 2026. Also explore JINDALSTEL shareholders equity momentum to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2026-03-31 Rs518.41 Billion
≈ $5.61 Billion		 +9.32%
2025-03-31 Rs474.19 Billion
≈ $5.13 Billion		 +5.96%
2024-03-31 Rs447.51 Billion
≈ $4.84 Billion		 +14.69%
2023-03-31 Rs390.19 Billion
≈ $4.22 Billion		 +5.19%
2022-03-31 Rs370.95 Billion
≈ $4.01 Billion		 +19.91%
2021-03-31 Rs309.37 Billion
≈ $3.35 Billion		 -1.35%
2020-03-31 Rs313.61 Billion
≈ $3.39 Billion		 -2.38%
2019-03-31 Rs321.27 Billion
≈ $3.47 Billion		 +4.22%
2018-03-31 Rs308.25 Billion
≈ $3.33 Billion		 +0.42%
2017-03-31 Rs306.97 Billion
≈ $3.32 Billion		 +62.01%
2016-03-31 Rs189.47 Billion
≈ $2.05 Billion		 -13.48%
2015-03-31 Rs218.99 Billion
≈ $2.37 Billion		 -7.56%
2014-03-31 Rs236.91 Billion
≈ $2.56 Billion		 +8.63%
2013-03-31 Rs218.10 Billion
≈ $2.36 Billion		 +18.41%
2012-03-31 Rs184.18 Billion
≈ $1.99 Billion		 +28.41%
2011-03-31 Rs143.44 Billion
≈ $1.55 Billion		 +35.54%
2010-03-31 Rs105.83 Billion
≈ $1.14 Billion		 +49.98%
2009-03-31 Rs70.56 Billion
≈ $763.07 Million		 +82.70%
2008-03-31 Rs38.62 Billion
≈ $417.66 Million		 +50.60%
2007-03-31 Rs25.64 Billion
≈ $277.33 Million		 +34.65%
2006-03-31 Rs19.05 Billion
≈ $205.96 Million		 +44.35%
2005-03-31 Rs13.19 Billion
≈ $142.69 Million		 --

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 48783750000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Retained Earnings Rs487.84 Billion 95.84%
Common Stock Rs1.02 Billion 0.20%
Other Components Rs20.13 Billion 3.96%
Total Equity Rs508.99 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
McCormick & Company Incorporated
NYSE:MKC
 $12.56 Billion
LPP S.A.
WAR:LPP
 $12.56 Billion
Graco Inc
NYSE:GGG
 $12.57 Billion
One 97 Communications Limited
NSE:PAYTM
 $12.58 Billion
Koc Holding AS
IS:KCHOL
 $12.55 Billion
XCMG Construction Machinery Co Ltd
SHE:000425
 $12.55 Billion
MOL Nyrt.
BUD:MOL
 $12.54 Billion
VERBUND AG ADR 1/5/O.N.
F:OEW
 $12.54 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 2025 to 2026, total equity changed from 471,848,800,000 to 508,989,100,000, a change of 37,140,300,000 (7.9%).
  • Net income of 33,673,800,000 contributed positively to equity growth.
  • Dividend payments of 2,042,400,000 reduced retained earnings.
  • New share issuances of 8,201,600,000 increased equity.
  • Other comprehensive income increased equity by 56,500,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income Rs33.67 Billion +6.62%
Dividends Paid Rs2.04 Billion -0.4%
Share Issuances Rs8.20 Billion +1.61%
Other Comprehensive Income Rs56.50 Million +0.01%
Other Changes Rs-2.75 Billion -0.54%
Total Change Rs- 7.87%

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: 2.28x
  • 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 79.89x to 2.28x 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 Rs14.28 Rs1141.00 x
2006-03-31 Rs18.97 Rs1141.00 x
2007-03-31 Rs25.49 Rs1141.00 x
2008-03-31 Rs38.41 Rs1141.00 x
2009-03-31 Rs70.25 Rs1141.00 x
2010-03-31 Rs103.77 Rs1141.00 x
2011-03-31 Rs140.57 Rs1141.00 x
2012-03-31 Rs180.42 Rs1141.00 x
2013-03-31 Rs227.34 Rs1141.00 x
2014-03-31 Rs247.14 Rs1141.00 x
2015-03-31 Rs229.99 Rs1141.00 x
2016-03-31 Rs198.35 Rs1141.00 x
2017-03-31 Rs328.45 Rs1141.00 x
2018-03-31 Rs331.62 Rs1141.00 x
2019-03-31 Rs335.02 Rs1141.00 x
2020-03-31 Rs316.64 Rs1141.00 x
2021-03-31 Rs311.88 Rs1141.00 x
2022-03-31 Rs349.25 Rs1141.00 x
2023-03-31 Rs384.60 Rs1141.00 x
2024-03-31 Rs441.40 Rs1141.00 x
2025-03-31 Rs466.89 Rs1141.00 x
2026-03-31 Rs500.62 Rs1141.00 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): 6.62%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.33%
  • • Asset Turnover: 0.54x
  • • Equity Multiplier: 1.92x
  • Recent ROE (6.62%) is below the historical average (12.97%), 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 Rs3.84 Billion
2006 30.11% 22.13% 0.39x 3.48x Rs3.83 Billion
2007 27.32% 19.86% 0.35x 3.91x Rs4.43 Billion
2008 32.45% 22.79% 0.41x 3.45x Rs8.66 Billion
2009 42.65% 27.71% 0.56x 2.74x Rs23.02 Billion
2010 34.89% 32.77% 0.44x 2.41x Rs25.93 Billion
2011 26.96% 29.01% 0.36x 2.55x Rs23.93 Billion
2012 22.10% 21.98% 0.40x 2.49x Rs21.91 Billion
2013 13.69% 14.69% 0.35x 2.69x Rs7.85 Billion
2014 -5.65% -6.60% 0.26x 3.28x Rs-35.39 Billion
2015 -6.07% -6.60% 0.26x 3.59x Rs-33.82 Billion
2016 -16.35% -16.15% 0.25x 4.05x Rs-47.81 Billion
2017 -7.59% -10.84% 0.23x 3.01x Rs-52.86 Billion
2018 -4.64% -5.15% 0.31x 2.94x Rs-44.48 Billion
2019 -5.07% -4.18% 0.44x 2.76x Rs-48.88 Billion
2020 -0.34% -0.36% 0.34x 2.79x Rs-33.23 Billion
2021 11.42% 10.52% 0.44x 2.45x Rs4.52 Billion
2022 16.15% 11.26% 0.67x 2.15x Rs21.91 Billion
2023 8.20% 6.02% 0.76x 1.79x Rs-6.97 Billion
2024 13.40% 11.87% 0.64x 1.78x Rs15.07 Billion
2025 5.96% 5.65% 0.58x 1.82x Rs-19.06 Billion
2026 6.62% 6.33% 0.54x 1.92x Rs-17.23 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: $8,590,812,100
  • Average return on equity (ROE) among peers: 12.92%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jindal Steel & Power Limited (JINDALSTEL) Rs518.41 Billion 39.09% 0.89x $12.56 Billion
Ankit Metal & Power Limited (ANKITMETAL) $-3.09 Billion 0.00% 0.00x $2.73 Million
APL Apollo Tubes Limited (APLAPOLLO) $52.97 Billion 22.71% 0.67x $6.59 Billion
Bansal Wire Industries Ltd (BANSALWIRE) $2.23 Billion 25.69% 2.12x $533.75 Million
Bedmutha Industries Limited (BEDMUTHA) $1.20 Billion 17.39% 3.70x $35.79 Million
Bharat Wire Ropes Limited (BHARATWIRE) $222.58 Million 9.47% 2.22x $124.60 Million
Electrotherm (India) Limited (ELECTHERM) $-10.42 Billion 0.00% 0.00x $124.56 Million
Grand Foundry Limited (GFSTEELS) $-56.35 Million 0.00% 0.00x $9.23 Million
Goodluck India Limited (GOODLUCK) $15.29 Billion 11.82% 0.99x $193.41 Million
Godawari Power And Ispat limited (GPIL) $21.08 Billion 30.44% 0.65x $1.63 Billion
Hariom Pipe Industries Limited (HARIOMPIPE) $6.49 Billion 11.66% 0.88x $120.18 Million

About Jindal Steel & Power Limited

NSE:JINDALSTEL India Steel
Market Cap
$12.56 Billion
Rs1.16 Trillion INR
Market Cap Rank
#1888 Global
#68 in India
Share Price
Rs1141.00
Change (1 day)
+0.92%
52-Week Range
Rs986.00 - Rs1288.80
All Time High
Rs1288.80
Categories
Companies in India Steel
About

Jindal Steel Limited manufactures steel in India and internationally. It offers TMT rebars under the Jindal Panther brand; structural sections, rails, wire rods, round bars, and cut and bend rebars; and flat products, such as hot rolled coils, cast rounds, cold rolled and coated products, plates and coils, rockhard plates, and hollow sections. The company also provides semi-finished and specializ… Read more