Jindal Steel Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Jindal Steel Limited's yearly results (2023–2026), compared with Basic Materials companies in India. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: Money owed to suppliers is larger than money owed by customers plus stock: ₹6 per ₹100 of sales comes from others' credit, against ₹1 from others' credit three years earlier. Less money tied up than 97% of Basic Materials companies in India.
- Profit Cash Ratio: Over the last 3 years, every ₹100 of reported profit came with ₹198 of operating cash. Higher than 85% of Basic Materials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹198Over the last 3 years, every ₹100 of reported profit came with ₹198 of operating cash.
Higher than 85% of Basic Materials companies in India.
Self-Funding Ratio
0.8×Over the last 3 years its own operating cash paid for 84% of its investment spending (capex); the rest came from other sources such as borrowing, cash reserves or new shares.
Lower than 63% of Basic Materials companies in India.
Cash Locked Ratio
−₹6Money owed to suppliers is larger than money owed by customers plus stock: ₹6 per ₹100 of sales comes from others' credit, against ₹1 from others' credit three years earlier.
Less money tied up than 97% of Basic Materials companies in India.
Growth quality
Steadiness Ratio
1/3 · 2/3Sales grew in 1 of the last 3 years; profit grew in 2 of 3.
Less steady than 69% of Basic Materials companies in India.
Growth Efficiency Ratio
—Sales fell 34%
Sales fell 34% in 3 years, so extra profit per extra sales cannot be measured.
Asset Productivity Ratio
-34% / +41%In 3 years sales changed by -34% while total assets changed by +41%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
2.9×Debt due within a year is covered 2.9 times by its yearly operating cash.
Higher than 75% of Basic Materials companies in India.
Cash Cushion Ratio
−17%Debt, after subtracting cash, equals 17% of its market value (net debt).
Lower than 63% of Basic Materials companies in India.
Tangible Assets Ratio
99%Of every ₹100 the company owns, ₹99 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 72% of Basic Materials companies in India.
Tangible Net Worth Ratio
98%Of every ₹100 of net worth, ₹98 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 71% of Basic Materials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Jindal Steel Limited owes ₹0.47 for every ₹1 it owns. Net profit rose 20% in the year to Mar 2026, and shrank 5% a year on average over 3 years.
Compared with Basic Materials companies in India · latest annual results Mar 2026.
P/E ratio
38.8Investors pay ₹38.8 for every ₹1 of Jindal Steel Limited's yearly profit, higher than 80% of Basic Materials companies in India.
P/B ratio
2.07The share price is 2.07 times Jindal Steel Limited's book value per share, higher than 52% of Basic Materials companies in India.
Market cap
₹105,514 CrThe total market value of all of Jindal Steel Limited's shares at today's price (share price × number of shares), larger than 97% of Basic Materials companies in India. PosiCap size class: Tito Cap.
Net worth (book value)
₹50,899 CrWhat Jindal Steel Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹500.24Net worth divided by the number of shares. The share price of ₹1,037 is 2.1 times this, which is the P/B above.
Return on equity (ROE)
5.3%Jindal Steel Limited earned 5.3% on its shareholders' money over the last year, lower than 74% of Basic Materials companies in India.
Owes vs Owns
0.47×Jindal Steel Limited owes ₹0.47 for every ₹1 it owns (low), higher than 67% of Basic Materials companies in India.
Dividend yield
0.20%Jindal Steel Limited pays 0.20% of its share price as dividends a year, lower than 83% of dividend-paying Basic Materials companies in India.
Revenue growth
+6%Revenue rose 6% in the year to Mar 2026, and shrank 13% a year on average over 3 years.
Profit growth
+20%Net profit rose 20% in the year to Mar 2026, and shrank 5% a year on average over 3 years.
Profit margin
7.7%Jindal Steel Limited keeps ₹8 of every ₹100 of revenue as net profit.
Cash quality
2.1×Cash from Jindal Steel Limited's business was 2.1× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
3.8×Jindal Steel Limited's operating profit covered its interest costs 3.8 times in the year to Mar 2026.
Cash vs debt
Net debtJindal Steel Limited had ₹18,092 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Jindal Steel Limited's P/E ratio?
Investors pay ₹38.8 for every ₹1 of Jindal Steel Limited's yearly profit, higher than 80% of Basic Materials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Jindal Steel Limited: ₹105,514 Cr ÷ ₹50,899 Cr (31 Mar 2026) = 2.1.
What is Jindal Steel Limited's return on equity?
Jindal Steel Limited earned 5.3% on its shareholders' money over the last year, lower than 74% of Basic Materials companies in India.
How much does Jindal Steel Limited owe compared with what it owns?
Jindal Steel Limited owes ₹0.47 for every ₹1 it owns (low), higher than 67% of Basic Materials companies in India.
Does Jindal Steel Limited pay a dividend?
Yes. Jindal Steel Limited pays 0.20% of its share price as dividends a year, lower than 83% of dividend-paying Basic Materials companies in India.
Is Jindal Steel Limited's revenue growing?
Revenue rose 6% in the year to Mar 2026, and shrank 13% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.