Jindal Steel Limited (BOM:532286)

Jindal Steel Stock Forecast

Stock Price Forecast

According to 33 analysts polled by S&P Global, Jindal Steel stock has a consensus rating of "Buy" and an average price target of ₹1,276. The average 1-year stock price forecast is 21.33% higher than the current stock price, while the lowest is ₹595.00 (-43.42%) and the highest is ₹1,450 (+37.89%).

Price Target: ₹1,276 (+21.33%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹595.00	₹1,276	₹1,318	₹1,450
Change	-43.42%	+21.33%	+25.33%	+37.89%

Analyst Ratings

The average analyst rating for Jindal Steel stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	14	14	12	13	12	12
Buy	8	8	8	9	9	9
Hold	3	3	5	5	6	6
Sell	1	1	1	2	2	1
Strong Sell	2	2	3	2	2	3
Total	28	28	29	31	31	31

Financial Forecast

Revenue This Year

685.22B

Increased by 28.74%

from 532.25B

Revenue Next Year

811.44B

Increased by 18.42%

from 685.22B

EPS This Year

65.90

Increased by 66.03%

from 39.69

EPS Next Year

93.74

Increased by 42.23%

from 65.90

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	510.86B	527.11B	500.27B	497.65B	532.25B	685.22B
Revenue Growth	47.90%	3.18%	-5.09%	-0.52%	6.95%	28.74%
Gross Profit	303.28B	280.30B	277.45B	258.06B	279.60B	358.32B
Gross Margin	59.37%	53.18%	55.46%	51.86%	52.53%	52.29%
Operating Income	132.72B	71.01B	73.34B	54.45B	64.88B	105.58B
Net Income	57.53B	31.74B	59.38B	28.12B	33.67B	68.22B
EPS	-	-	-	-	39.69	65.90
EPS Growth	-	-	-	-	10.88%	66.03%
Forward PE	-	-	-	-	-	15.96
Dividend / Share	3.00	2.00	2.00	2.00	2.00	2.65
Dividend Growth	-	-33.33%	-	-	-	32.45%
Free Cash Flow	67.62B	42.92B	-50.26B	-13.28B	-48.81B	16.11B
No. Analysts	-	-	-	-	-	32

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	748.2B
Avg	685.2B
Low	612.3B

Revenue Growth

Revenue Growth	2027	2028	2029
High	40.6%
Avg	28.7%
Low	15.0%

EPS Forecast

EPS	2027	2028	2029
High	82.30
Avg	65.90
Low	34.60

EPS Growth

EPS Growth	2027	2028	2029
High	107.3%
Avg	66.0%
Low	-12.8%

Data Source: S&P Global Market Intelligence

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Price targets and consensus ratings update every hour to every three days.

Data Sources Report a data error