Comparison · NSE · data 2026-11-02
Jindal Saw Limited vs NMDC Steel Limited
In plain words
Size: Jindal Saw Limited is about 1.3 times the market value of NMDC Steel Limited.
Valuation (P/E): NMDC Steel Limited 135.3 vs Jindal Saw Limited 27.6.
Return on equity: Jindal Saw Limited 8.1% vs NMDC Steel Limited 0.4%.
Differences in the numbers, not a recommendation of either stock.
Side by side
| JINDALSAW | NSLNISP | |
|---|---|---|
| Price | ₹237.27 | ₹38.63 |
| Market cap | ₹14,603 cr | ₹11,043 cr |
| P/E | 27.6 | 135.3 |
| P/B | 1.2 | — |
| ROE | 8.1% | 0.4% |
| ROCE | 10.3% | 3.2% |
| Debt / equity | 0.37 | 0.35 |
| Operating margin | 5.9% | 3.5% |
| Dividend yield | 0.88% | 0.00% |
| Sales growth, 3 years (yearly) | 1.3% | — |
| Profit growth, 3 years (yearly) | 14.8% | — |
| 1-year return | 34.4% | -10.8% |
| Revenue, last 12 months | ₹18,501 cr | ₹13,938 cr |
| Net profit, last 12 months | ₹549 cr | ₹84 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹47 cr | ₹51 cr |
| Quarter profit vs a year earlier | -69.0% | +97.6% |
| Promoter holding | 63.25% | 60.79% |
| Health check | Average (5.2/10) | Average (4.2/10) |
Common questions
Which has a higher P/E, Jindal Saw Limited or NMDC Steel Limited?
NMDC Steel Limited trades at the higher P/E (135.3 against 27.6). 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 Saw Limited (8.1% against 0.4%).
Which carries more debt?
Jindal Saw Limited has the higher debt-to-equity ratio (0.37 against 0.35).