NSE ScannerComparison · NSE · data 2026-10-31
Jindal Steel Limited vs JSW Steel Limited
In plain words
Size: JSW Steel Limited is about 2.8 times the market value of Jindal Steel Limited.
Valuation (P/E): Jindal Steel Limited 37.8 vs JSW Steel Limited 10.7.
Return on equity: JSW Steel Limited 24.9% vs Jindal Steel Limited 6.9%.
Profit growth over 3 years: JSW Steel Limited 75.3% a year vs Jindal Steel Limited 2% a year.
Debt to equity: JSW Steel Limited 0.99 vs Jindal Steel Limited 0.44.
Differences in the numbers, not a recommendation of either stock.
Side by side
| JINDALSTEL | JSWSTEEL | |
|---|---|---|
| Price | ₹1,061.2 | ₹1,246 |
| Market cap | ₹1,07,660 cr | ₹3,04,459 cr |
| P/E | 37.8 | 10.7 |
| P/B | 2.1 | 2.7 |
| ROE | 6.9% | 24.9% |
| ROCE | 7.6% | 10.7% |
| Debt / equity | 0.44 | 0.99 |
| Operating margin | 10.1% | 13.0% |
| Dividend yield | 0.19% | 0.57% |
| Sales growth, 3 years (yearly) | 0.4% | 3.6% |
| Profit growth, 3 years (yearly) | 2.0% | 75.3% |
| 1-year return | -1.1% | 3.2% |
| Revenue, last 12 months | ₹61,405 cr | ₹1,99,021 cr |
| Net profit, last 12 months | ₹2,854 cr | ₹28,439 cr |
| Latest quarter | Mar 2026 | Sept 2023 |
| Quarter net profit | ₹1,045 cr | ₹2,760 cr |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 62.69% | 45.31% |
| Health check | Average (4/10) | Strong (7.7/10) |
Common questions
Which has a higher P/E, Jindal Steel Limited or JSW Steel Limited?
Jindal Steel Limited trades at the higher P/E (37.8 against 10.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
JSW Steel Limited (24.9% against 6.9%).
Which carries more debt?
JSW Steel Limited has the higher debt-to-equity ratio (0.99 against 0.44).