Jindal Steel Limited (BOM:532286)
India flag India · Delayed Price · Currency is INR
1,051.60
-8.40 (-0.79%)
At close: Oct 28, 2026

Jindal Steel Stock Forecast

Stock Price Forecast

According to 32 analysts polled by S&P Global, Jindal Steel stock has a consensus rating of "Buy" and an average price target of ₹1,210. The average 1-year stock price forecast is 15.10% higher than the current stock price, while the lowest is ₹620.00 (-41.04%) and the highest is ₹1,400 (+33.13%).

Price Target: ₹1,210 (+15.10%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹620.00₹1,210₹1,253₹1,400
Change-41.04%+15.10%+19.10%+33.13%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Oct '26
Strong Buy121312181718
Buy899665
Hold556444
Sell122222
Strong Sell322222
Total293131323131

Financial Forecast

Revenue This Year
708.43B
from 532.25B
Increased by 33.10%
Revenue Next Year
821.59B
from 708.43B
Increased by 15.97%
EPS This Year
55.40
from 39.69
Increased by 39.57%
EPS Next Year
84.67
from 55.40
Increased by 52.82%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
510.86B527.11B500.27B497.65B532.25B708.43B
Revenue Growth
47.90%3.18%-5.09%-0.52%6.95%33.10%
Gross Profit
303.28B280.30B277.45B258.06B270.88B351.69B
Gross Margin
59.37%53.18%55.46%51.86%50.89%49.64%
Operating Income
132.72B71.01B73.34B65.63B59.70B94.21B
Net Income
57.53B31.74B59.38B28.12B33.67B57.27B
EPS
----39.6955.40
EPS Growth
----10.88%39.57%
Forward PE
-----18.98
Dividend / Share
3.002.002.002.002.002.49
Dividend Growth
--33.33%---24.56%
Free Cash Flow
-----23.70B15.92B
No. Analysts
-----31
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High776.6B
Avg708.4B
Low643.9B

Revenue Growth

Revenue Growth202720282029
High
45.9%
Avg
33.1%
Low
21.0%

EPS Forecast

EPS202720282029
High71.00
Avg55.40
Low45.56

EPS Growth

EPS Growth202720282029
High
78.9%
Avg
39.6%
Low
14.8%