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- Jindal Steel
Jindal Steel Valuation Multiples
Discover revenue and EBITDA valuation multiples for Jindal Steel and similar public comparables like PLS Group, Implats, Mueller Industries, South32 and more.
Jindal Steel Overview
About Jindal Steel
Jindal Steel Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors, with its presence in various countries. The iron and steel industry is the company's key revenue-generating business. It offers various kinds of steel products like rails, fabricated sections, plates and coils, round bars, speedfloors, wire rods, and others. The products find applications in railways, roads, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Geographically, the company generates a majority of its revenue from its customers within India.
Founded
1979
HQ

Employees
5.9K
Website
Sectors
Financials (LTM)
EV
$15B
Jindal Steel Financials
Jindal Steel reported last 12-month revenue of $6B and EBITDA of $1B.
In the same LTM period, Jindal Steel generated $3B in gross profit, $1B in EBITDA, and $410M in net income.
Revenue (LTM)
Jindal Steel P&L
In the most recent fiscal year, Jindal Steel reported revenue of $6B and EBITDA of $1B.
Jindal Steel expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $6B | XXX | $6B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $701M | XXX | XXX | XXX |
| Gross Margin | 52% | XXX | 12% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $1B | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 19% | XXX | XXX | XXX |
| EBIT Margin | 12% | XXX | 14% | XXX | XXX | XXX |
| Net Profit | $410M | XXX | $473M | XXX | XXX | XXX |
| Net Margin | 7% | XXX | 8% | XXX | XXX | XXX |
| Net Debt | — | — | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Jindal Steel Stock Performance
Jindal Steel has current market cap of $14B, and enterprise value of $15B.
Market Cap Evolution
Jindal Steel's stock price is $13.71.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $15B | $14B | 0.5% | XXX | XXX | XXX | $0.47 |
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Start Free TrialJindal Steel Valuation Multiples
Jindal Steel trades at 2.7x EV/Revenue multiple, and 14.7x EV/EBITDA.
EV / Revenue (LTM)
Jindal Steel Financial Valuation Multiples
As of April 20, 2026, Jindal Steel has market cap of $14B and EV of $15B.
Equity research analysts estimate Jindal Steel's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Jindal Steel has a P/E ratio of 34.0x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $14B | XXX | $14B | XXX | XXX | XXX |
| EV (current) | $15B | XXX | $15B | XXX | XXX | XXX |
| EV/Revenue | 2.7x | XXX | 2.6x | XXX | XXX | XXX |
| EV/EBITDA | 14.7x | XXX | 13.7x | XXX | XXX | XXX |
| EV/EBIT | 21.9x | XXX | 19.3x | XXX | XXX | XXX |
| EV/Gross Profit | 5.1x | XXX | 22.1x | XXX | XXX | XXX |
| P/E | 34.0x | XXX | 29.5x | XXX | XXX | XXX |
| EV/FCF | (86.3x) | XXX | 660.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Jindal Steel Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Jindal Steel Margins & Growth Rates
Jindal Steel's revenue in the last 12 month grew by 26%.
Jindal Steel's revenue per employee in the last FY averaged $1.0M, while opex per employee averaged $-0.0M for the same period.
Jindal Steel's rule of 40 is 48% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Jindal Steel's rule of X is 88% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Jindal Steel Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 26% | XXX | (3%) | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Growth | 50% | XXX | (9%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 48% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 88% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.0M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $-0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 4% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| R&D Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | (0%) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Jindal Steel Public Comps
See public comps and valuation multiples for other Metals & Mining comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Jindal Steel | XXX | XXX | XXX | XXX | XXX | XXX |
| PLS Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Implats | XXX | XXX | XXX | XXX | XXX | XXX |
| Mueller Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| South32 | XXX | XXX | XXX | XXX | XXX | XXX |
| Hecla Mining | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Jindal Steel M&A Activity
Jindal Steel acquired XXX companies to date.
Last acquisition by Jindal Steel was on XXXXXXXX, XXXXX. Jindal Steel acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Jindal Steel
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialJindal Steel Investment Activity
Jindal Steel invested in XXX companies to date.
Jindal Steel made its latest investment on XXXXXXXX, XXXXX. Jindal Steel invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Jindal Steel
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Jindal Steel
| When was Jindal Steel founded? | Jindal Steel was founded in 1979. |
| Where is Jindal Steel headquartered? | Jindal Steel is headquartered in India. |
| How many employees does Jindal Steel have? | As of today, Jindal Steel has over 5K employees. |
| Is Jindal Steel publicly listed? | Yes, Jindal Steel is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Jindal Steel? | Jindal Steel trades under JINDALSTEL ticker. |
| When did Jindal Steel go public? | Jindal Steel went public in 1999. |
| Who are competitors of Jindal Steel? | Jindal Steel main competitors are PLS Group, Implats, Mueller Industries, South32. |
| What is the current market cap of Jindal Steel? | Jindal Steel's current market cap is $14B. |
| What is the current revenue of Jindal Steel? | Jindal Steel's last 12 months revenue is $6B. |
| What is the current revenue growth of Jindal Steel? | Jindal Steel revenue growth (NTM/LTM) is 26%. |
| What is the current EV/Revenue multiple of Jindal Steel? | Current revenue multiple of Jindal Steel is 2.7x. |
| Is Jindal Steel profitable? | Yes, Jindal Steel is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Jindal Steel? | Jindal Steel's last 12 months EBITDA is $1B. |
| What is Jindal Steel's EBITDA margin? | Jindal Steel's last 12 months EBITDA margin is 18%. |
| What is the current EV/EBITDA multiple of Jindal Steel? | Current EBITDA multiple of Jindal Steel is 14.7x. |
| What is the current FCF of Jindal Steel? | Jindal Steel's last 12 months FCF is ($179M). |
| What is Jindal Steel's FCF margin? | Jindal Steel's last 12 months FCF margin is (3%). |
| What is the current EV/FCF multiple of Jindal Steel? | Current FCF multiple of Jindal Steel is (86.3x). |
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