NSE ScannerComparison · NSE · data 2026-10-31
Jindal Steel Limited vs Steel Authority of India Limited
In plain words
Size: Jindal Steel Limited is about 1.6 times the market value of Steel Authority of India Limited.
Valuation (P/E): Jindal Steel Limited 37.8 vs Steel Authority of India Limited 11.9.
Return on equity: Jindal Steel Limited 6.9% vs Steel Authority of India Limited 5.7%.
Profit growth over 3 years: Steel Authority of India Limited 15.7% a year vs Jindal Steel Limited 2% a year.
Debt to equity: Steel Authority of India Limited 0.53 vs Jindal Steel Limited 0.44.
Differences in the numbers, not a recommendation of either stock.
Side by side
| JINDALSTEL | SAIL | |
|---|---|---|
| Price | ₹1,061.2 | ₹161 |
| Market cap | ₹1,07,660 cr | ₹65,964 cr |
| P/E | 37.8 | 11.9 |
| P/B | 2.1 | 1.1 |
| ROE | 6.9% | 5.7% |
| ROCE | 7.6% | 7.4% |
| Debt / equity | 0.44 | 0.53 |
| Operating margin | 10.1% | 7.6% |
| Dividend yield | 0.19% | 1.47% |
| Sales growth, 3 years (yearly) | 0.4% | 2.0% |
| Profit growth, 3 years (yearly) | 2.0% | 15.7% |
| 1-year return | -1.1% | 16.1% |
| Revenue, last 12 months | ₹61,405 cr | ₹1,16,428 cr |
| Net profit, last 12 months | ₹2,854 cr | ₹5,604 cr |
| Latest quarter | Mar 2026 | Sept 2026 |
| Quarter net profit | ₹1,045 cr | ₹1,750 cr |
| Quarter profit vs a year earlier | — | +318.1% |
| Promoter holding | 62.69% | 65.00% |
| Health check | Average (4/10) | Average (5.9/10) |
Common questions
Which has a higher P/E, Jindal Steel Limited or Steel Authority of India Limited?
Jindal Steel Limited trades at the higher P/E (37.8 against 11.9). 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?
Jindal Steel Limited (6.9% against 5.7%).
Which carries more debt?
Steel Authority of India Limited has the higher debt-to-equity ratio (0.53 against 0.44).