On 6 Nov 2026, Jindal Supreme (India) was priced at ₹159.04, or 33.1× trailing earnings, against an industry P/E of 19.9×, and the shares are 26% below their 52-week high. Its ROCE of 29% is the highest among the 7 largest Steel peers, and sales grew 9.4% a year over 3 years. Debt is 0.91× equity. It is a small-cap company with a market cap of ₹811 Cr, ranked 62nd of 150 Steel companies by market cap; the shares rose 26% over the past year.
- ₹158.20
- ₹162.70
- ₹155.43
- ₹162.71
- 1.3 L
Health check
- ReturnsAhead
+26.2% over a year, better than 6 of 7 peers.
- Price tagPricier
P/E 33.1 vs industry 19.9.
- GrowthStrong
Sales +9.4%, profit +228.6% a year over 3 years.
- ProfitabilityStrong
ROCE 29.1% vs peer median 18.7%.
- Balance sheetFair
Debt 0.91× equity, interest covered 4.7×, Piotroski 4 of 9.
- Red flags1 to check
P/E of 33.1 against an industry P/E of 19.9.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹811 Cr
- Small cap
- P/E
- 33.1
- Industry 19.9
- Price to book
- 6.10
- Peers 2.28
- Dividend yield
- 0.00%
- ROE
- 26.3%
- Peers 23.4%
- ROCE
- 29.1%
- Peers 18.7%
- Debt to equity
- 0.91
- Debt ₹95 Cr
- EPS (TTM)
- ₹4.80
- Face value ₹10
- OPM (TTM)
- 6.7%
- Net margin 3.5%
- Sales growth
- +12.6%
- Latest quarter vs a year ago
- Profit growth
- +31.3%
- Latest quarter vs a year ago
- Price to sales
- 1.17
- EV/EBITDA 16.7
Strengths and risks
Strengths
- Return on equity of 26.3%.
- Return on capital employed of 29.1%.
- Quarterly profit up 31.3% on a year ago.
Risks to check
- P/E of 33.1 against an industry P/E of 19.9.
About Jindal Supreme (India)
Jindal Supreme (India) Limited engages in the manufacturing and supply of steel pipes and tubes for infrastructure and industrial applications in India. The company's products include mild steel (MS) black pipes and tubes, MS galvanized pipes and tubes, metal beam crash barriers, hollow sections, and galvanized iron tubular poles. The company serves various industries, such as water supply and plumbing, infrastructure and construction, road and highways,…
- Headquarters
- Hisar
- Employees
- 242
- Sector
- Basic Materials
- ISIN
- INE1DLO01028
- Website
- jindalsupreme.com
Price range
- Avg volume (3M)
- 8.7 L
- 1-year return
- plus 26.2%
- From 52-week high
- minus 26.0%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| JSIPLJindal Supreme (India) | 159.04 | minus 2.26% | 811 | 33.1 | 22.4 | 29.1% | 6.7% | 0.91 | 9.4% | plus 26.2% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Jun 25 | Mar 26 | Jun 26 |
|---|---|---|---|
| 157 | 170 | 176 | |
| 146 | 159 | 162 | |
| 11.1 | 11.3 | 13.9 | |
| 7.1% | 6.6% | 7.9% | |
| 0.1 | −0.1 | −0 | |
| 2.2 | 2 | 1.8 | |
| 0.8 | 0.8 | 0.9 | |
| −0 | −0 | −0.1 | |
| 8.2 | 8.4 | 11 | |
| 23.1% | 25.6% | 25.0% | |
| 6.3 | 6.2 | 8.3 | |
| 1.24 | – | 1.62 |
Profit & loss
- Sales CAGR 3Y
- +9.4%
- Profit CAGR 3Y
- +228.6%
- EPS CAGR 3Y
- +228.6%
- ROE
- 26.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 473 | 605 | 543 | 619 | |
| – | +28.1% | minus 10.2% | +13.9% | |
| 464 | 584 | 517 | 577 | |
| 9.1 | 21.5 | 26 | 41.6 | |
| 1.9% | 3.6% | 4.8% | 6.7% | |
| 0.3 | 1.2 | 1.7 | 0 | |
| 4.4 | 7.6 | 8.7 | 8.1 | |
| 2.4 | 3.8 | 3.1 | 3.4 | |
| −0.2 | 3.7 | 16.5 | 0 | |
| 2.3 | 15.1 | 32.4 | 30.2 | |
| 72.6% | 14.6% | 25.1% | 25.3% | |
| 0.6 | 12.9 | 24.3 | 22.5 | |
| – | +1928.5% | +88.5% | minus 7.2% | |
| 0.12 | 2.52 | 4.76 | 4.42 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.4 | 1.9 | 1.9 | 40.3 | |
| 39.3 | 48.4 | 72.7 | 56.5 | |
| 73.3 | 108 | 98.8 | 123 | |
| 19.6 | 22.8 | 26.9 | 29 | |
| 135 | 181 | 200 | 248 | |
| 46.8 | 89.7 | 91.4 | 97.2 | |
| 13.8 | 6.1 | 0.5 | 7.2 | |
| 0.6 | 0.8 | 0.8 | 1.6 | |
| 0 | 0 | 0 | 0 | |
| 73.4 | 84.5 | 108 | 142 | |
| 135 | 181 | 200 | 248 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.8 | 20.2 | 5.7 | −5.7 | |
| −15.9 | −43 | 11.9 | −9.9 | |
| 8.1 | 22.9 | −17.7 | 15.5 | |
| −0 | 0 | −0 | −0 | |
| −17.3 | −55 | −11 | −9.3 | |
| −9.5 | −34.8 | −5.3 | −14.9 |
Shareholding pattern
- Promoters73.68%
- Public26.32%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 73.68% | 26.32% | 0.00 | |
| 22 Sep 2026 | 73.68% | 26.32% | 0.00 | |
| 21 Sep 2026 | 73.68% | 26.32% | – |
Major shareholders
Filings & events
News
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