- Jindal Steel’s net income for the first quarter is 14.9 billion rupees, marking an 11% increase year-over-year and surpassing the estimated 11.53 billion rupees.
- The company reported revenue of 122.9 billion rupees, which is a 9.8% decline compared to the previous year, slightly exceeding the estimated 122.75 billion rupees.
- Total costs have decreased by 13% year-over-year, amounting to 103.1 billion rupees.
- Other income experienced a 12% decline, recorded at 304 million rupees.
- Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 5.3% year-over-year to 29.8 billion rupees.
- Net debt increased by 20% quarter-over-quarter, now standing at 144 billion rupees.
- The net debt to EBITDA ratio is 1.49 times.
- Analyst recommendations include 19 buys, 5 holds, and 6 sells.
Jindal Steel on Smartkarma
Analyst coverage on Jindal Steel on Smartkarma highlights key insights from top independent analysts. Sreemant Dudhoria,CFA‘s piece “India Insider Buying – June ’25” notes strong activity in small-cap companies and limited participation in large caps, emphasizing continued conviction among promoters. Rahul Jain‘s report focuses on critical commissioning milestones as Jindal Steel enters a peak expansion phase, with plans to expand steel capacity to 14.45 MTPA by FY26-end.
Sudarshan Bhandari‘s analysis “The Beat Ideas: Jindal Steel, A 31000Cr Mega Capex Plan” underlines Jindal Steel’s nearing completion of a INR 31,000 crore capex plan and strong promoter buying. Additionally, Rahul Jain‘s coverage of the company as a long-term investment opportunity emphasizes its capacity enhancement plans and attractive entry point due to a recent stock price dip and low debt levels.
A look at Jindal Steel Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to the Smartkarma Smart Scores, Jindal Steel Ltd. shows a promising long-term outlook. The company has received a strong score of 4 for Value, indicating that it may be considered undervalued based on various financial metrics. This suggests that Jindal Steel could be an attractive investment opportunity for those seeking value in the market.
Additionally, Jindal Steel has received favorable scores for Momentum and Resilience, with scores of 4 and 3 respectively. This indicates that the company is showing positive price momentum and may have the ability to withstand economic challenges. While the scores for Dividend and Growth are slightly lower at 2 each, the overall outlook based on the Smart Scores for Jindal Steel suggests a potentially bright future ahead.
Summary: Jindal Steel Ltd. is a diversified company that manufactures sponge iron, mild steel, and cement. The company is also involved in power production, mining operations for iron ore and coal, as well as exploration activities for natural gas and oil. Jindal Steel plays a crucial role in contributing to infrastructure development with its wide range of resources and operations.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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