NSE ScannerComparison · NSE · data 2026-11-01
Jindal Steel Limited vs Tata Steel Limited
In plain words
Size: Tata Steel Limited is about 1.9 times the market value of Jindal Steel Limited.
Valuation (P/E): Jindal Steel Limited 37.8 vs Tata Steel Limited 18.9.
Return on equity: Tata Steel Limited 11.2% vs Jindal Steel Limited 6.9%.
Profit growth over 3 years: Tata Steel Limited 7.2% a year vs Jindal Steel Limited 2% a year.
Debt to equity: Tata Steel Limited 0.9 vs Jindal Steel Limited 0.44.
Differences in the numbers, not a recommendation of either stock.
Side by side
| JINDALSTEL | TATASTEEL | |
|---|---|---|
| Price | ₹1,061.2 | ₹167.6 |
| Market cap | ₹1,07,660 cr | ₹2,09,349 cr |
| P/E | 37.8 | 18.9 |
| P/B | 2.1 | — |
| ROE | 6.9% | 11.2% |
| ROCE | 7.6% | 11.1% |
| Debt / equity | 0.44 | 0.9 |
| Operating margin | 10.1% | 9.5% |
| Dividend yield | 0.19% | 2.39% |
| Sales growth, 3 years (yearly) | 0.4% | -1.6% |
| Profit growth, 3 years (yearly) | 2.0% | 7.2% |
| 1-year return | -1.1% | -9.1% |
| Revenue, last 12 months | ₹61,405 cr | ₹2,39,756 cr |
| Net profit, last 12 months | ₹2,854 cr | ₹11,035 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹774 cr | ₹2,318 cr |
| Quarter profit vs a year earlier | +21.3% | +11.6% |
| Promoter holding | 62.69% | 32.94% |
| Health check | Average (4/10) | Average (5.2/10) |
Common questions
Which has a higher P/E, Jindal Steel Limited or Tata Steel Limited?
Jindal Steel Limited trades at the higher P/E (37.8 against 18.9). 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?
Tata Steel Limited (11.2% against 6.9%).
Which carries more debt?
Tata Steel Limited has the higher debt-to-equity ratio (0.9 against 0.44).