Jindal Steel vs Steel Authority of: share price, P/E, ROE and financials compared
Jindal Steel
Steel Authority of India
Jindal Steel and Steel Authority of at a glance
Jindal Steel and Steel Authority of are both listed in Metals & Mining. Jindal Steel is the larger by market cap, at ₹1.2L Cr against ₹70,880 Cr for Steel Authority of (1.7 times as large). On valuation, Steel Authority of has the lower P/E (12.6× against 41.5×) and the lower price-to-book (1.13× against 2.26×). On returns and margins, Jindal Steel has the higher operating margin (15.9% against 12.9%), while Steel Authority of has the higher ROE (9.3% against 5.5%). Over three years, Steel Authority of has faster 3-year sales growth (+2.0% against −13.1% a year) and faster 3-year profit growth (+15.7% against −5.4% a year). Jindal Steel carries less debt for its equity, with a debt-to-equity of 0.42× against 0.50×.
Key metrics, side by side
| Metric | Jindal SteelJINDALSTEL | Steel Authority ofSAIL |
|---|---|---|
| Price (₹) | 1,165.00 | 171.60 |
| Market cap (₹ Cr) | 1,18,594 | 70,880 |
| P/E | 41.5× | 12.6× (the lower figure, shaded) |
| P/B | 2.26× | 1.13× (the lower figure, shaded) |
| Dividend yield, trailing | 0.17% | 1.37% (the higher figure, shaded) |
| ROE | 5.5% | 9.3% (the higher figure, shaded) |
| ROCE | 7.5% | 7.2% |
| Operating margin (OPM) | 15.9% (the higher figure, shaded) | 12.9% |
| Net margin (NPM) | 4.6% | 4.8% |
| Sales CAGR 3Y | −13.1% | +2.0% (the higher figure, shaded) |
| Profit CAGR 3Y | −5.4% | +15.7% (the higher figure, shaded) |
| Debt to equity | 0.42× (the lower figure, shaded) | 0.50× |
| Interest cover | 3.8× (the higher figure, shaded) | 3.1× |
| Net profit TTM (₹ Cr) | 2,854 | 5,604 |
| 1Y return | +6.4% | +24.7% (the higher figure, shaded) |
| Promoter holding | 62.69% | 65.00% |
Jindal Steel vs Steel Authority of: common questions
Which is bigger, Jindal Steel or Steel Authority of?
By market cap, Jindal Steel is bigger at ₹1.2L Cr, against ₹70,880 Cr for Steel Authority of (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹2,854 Cr for Jindal Steel and ₹5,604 Cr for Steel Authority of.
Which has a lower P/E ratio, Jindal Steel or Steel Authority of?
Jindal Steel trades at a P/E of 41.5× and Steel Authority of at 12.6×. Steel Authority of has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Jindal Steel or Steel Authority of?
Jindal Steel reports a return on equity of 5.5% and Steel Authority of 9.3%. Steel Authority of has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Jindal Steel or Steel Authority of?
Over the last three years: Sales grew −13.1% a year at Jindal Steel and +2.0% at Steel Authority of, so Steel Authority of grew sales faster; profit grew −5.4% a year at Jindal Steel and +15.7% at Steel Authority of, so Steel Authority of grew profit faster. Past growth doesn’t predict future growth.