Jindal Steel Balance Sheet
- Market cap
- ₹1.08 lakh crore
- P/E
- 39.7
- P/B
- 2.12
- ROE
- 6.9%
- Dividend yield
- 0.19%
As of Mar 2022, Jindal Steel had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings fell 90.80% from Mar 2023.
Jindal Steel balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 101 | 100 | 101 | 102 |
| Reserves | 8,500 | 35,199 | 41,313 | 45,129 | 48,784 |
| Borrowings | 1,200 | 13,046 | 16,472 | 18,406 | 22,610 |
| Other liabilities | 3,500 | 17,376 | 17,492 | 20,014 | 23,311 |
| Total liabilities | 13,700 | 69,442 | 78,715 | 85,839 | 97,762 |
| Fixed assets | 6,500 | 52,203 | 58,899 | 65,420 | 72,190 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 13,888 | 15,743 | 17,168 | 19,552 |
| Other assets | 4,300 | 20,833 | 23,615 | 25,752 | 29,329 |
| Total assets | 13,700 | 69,442 | 78,715 | 85,839 | 97,762 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Jindal Steel balance sheet — frequently asked questions
What is the total debt of Jindal Steel?
Jindal Steel reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹13,046 crore as of Mar 2023.
What is Jindal Steel's debt-to-equity ratio?
Based on the Mar 2022 balance sheet, Jindal Steel's debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are Jindal Steel's total assets?
Jindal Steel's total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
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