NSE ScannerComparison · NSE · data 2026-11-01
Jindal Steel Limited vs Jindal Stainless Limited
In plain words
Size: Jindal Steel Limited is about 1.9 times the market value of Jindal Stainless Limited.
Valuation (P/E): Jindal Steel Limited 37.8 vs Jindal Stainless Limited 16.7.
Return on equity: Jindal Stainless Limited 17.5% vs Jindal Steel Limited 6.9%.
Profit growth over 3 years: Jindal Stainless Limited 14.7% a year vs Jindal Steel Limited 2% a year.
Debt to equity: Jindal Steel Limited 0.44 vs Jindal Stainless Limited 0.38.
Differences in the numbers, not a recommendation of either stock.
Side by side
| JINDALSTEL | JSL | |
|---|---|---|
| Price | ₹1,061.2 | ₹674 |
| Market cap | ₹1,07,660 cr | ₹55,586 cr |
| P/E | 37.8 | 16.7 |
| P/B | 2.1 | 2.6 |
| ROE | 6.9% | 17.5% |
| ROCE | 7.6% | 17.7% |
| Debt / equity | 0.44 | 0.38 |
| Operating margin | 10.1% | 9.9% |
| Dividend yield | 0.19% | 0.59% |
| Sales growth, 3 years (yearly) | 0.4% | 6.4% |
| Profit growth, 3 years (yearly) | 2.0% | 14.7% |
| 1-year return | -1.1% | -16.2% |
| Revenue, last 12 months | ₹61,405 cr | ₹46,007 cr |
| Net profit, last 12 months | ₹2,854 cr | ₹3,336 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹774 cr | ₹895 cr |
| Quarter profit vs a year earlier | +21.3% | +10.9% |
| Promoter holding | 62.69% | 62.55% |
| Health check | Average (4/10) | Average (6.4/10) |
Common questions
Which has a higher P/E, Jindal Steel Limited or Jindal Stainless Limited?
Jindal Steel Limited trades at the higher P/E (37.8 against 16.7). 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?
Jindal Stainless Limited (17.5% against 6.9%).
Which carries more debt?
Jindal Steel Limited has the higher debt-to-equity ratio (0.44 against 0.38).