Net margin is calculated as Net Income divided by its Revenue. Jindal Steel's Net Income for the
three
months ended in Mar. 2026 was ₹10,448 Mil. Jindal Steel's Revenue for the
three
months ended in Mar. 2026 was ₹162,755 Mil. Therefore, Jindal Steel's net margin for the quarter that ended in Mar. 2026 was 6.42%.
The historical rank and industry rank for Jindal Steel's Net Margin % or its related term are showing as below:
NSE:JINDALSTEL'
s Net Margin % Range Over the Past 10 Years
Min: -9.37 Med: 5.8 Max: 14.17
Current: 6.3
NSE:JINDALSTEL's Net Margin % is ranked better than 77.78% of 612
companies
in the Steel industry
Industry Median: 1.86
vs NSE:JINDALSTEL: 6.30
Jindal Steel (NSE:JINDALSTEL) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Jindal Steel Net Margin % Related Terms
Jindal Steel Net Margin % Historical Data
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The historical data trend for Jindal Steel's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:JINDALSTEL vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, Jindal Steel's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jindal Steel Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Jindal Steel's Net Margin % distribution charts can be found below:
* The bar in red indicates where Jindal Steel's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Jindal Steel (NSE:JINDALSTEL) has a Net Margin % of 6.42% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Jindal Steel and its competitors. This is 11% above median its historical median of 5.80. According to the industry distribution chart, Jindal Steel ranks #136 out of 612 companies in the Steel industry, placing it in the top 22.2%.
Is Jindal Steel's Net Margin % too high?
Jindal Steel's current Net Margin % of 6.42% is 11% above median its 10-year median of 5.80. The Steel industry median Net Margin % is 1.86. Jindal Steel's value of 6.42% is 245.2% above this industry median. Based on the distribution chart, Jindal Steel ranks #136 out of 612 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Jindal Steel has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jindal Steel's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Jindal Steel ranks #136 out of 612 companies for Net Margin %. This places Jindal Steel in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 1.86. Jindal Steel's value of 6.42% is 245.2% above this benchmark. While the company's 10-year median is 5.80 vs. the industry median of 1.86, Jindal Steel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Steel company?
The median Net Margin % among Steel companies is 1.86, based on 612 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jindal Steel's current Net Margin % of 6.42% is 245.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Jindal Steel and its competitors. For the Steel industry, the median Net Margin % is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindal Steel's current Net Margin % is 6.42%, which is 11% above median its own 10-year median of 5.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Steel stock overvalued right now?
Based on GuruFocus' analysis, Jindal Steel (NSE:JINDALSTEL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,170.95, compared to a current price of ₹1,068.10 — trading 8.8% below its estimated fair value. The current Net Margin % is 6.42%, which is 11% above median its 10-year median of 5.80 and 245.2% above the Steel industry median of 1.86. Jindal Steel's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Jindal Steel (NSE:JINDALSTEL), the current Net Margin % is 6.42% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jindal Steel (NSE:JINDALSTEL) Overvalued in 2026?
Based on GuruFocus' analysis, Jindal Steel stock appears to be undervalued.
The current stock price of ₹1,068.10 is trading 8.8% below its estimated GF Value™ of ₹1,170.95.
GuruFocus considers Jindal Steel to be Fairly Valued.
Key valuation signals for NSE:JINDALSTEL:
Net Margin %: 6.42% (11% above median its 10-year median of 5.80)
GF Value™: ₹1,170.95 vs. price of ₹1,068.10 (8.8% below fair value)
Industry Position: 245.2% above the Steel median (#136 of 612)
No single metric tells the full story. See the NSE:JINDALSTEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jindal Steel Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors, with its presence in various countries. The iron and steel industry is the company's key revenue-generating business. It offers various kinds of steel products like rails, fabricated sections, plates and coils, round bars, speedfloors, wire rods, and others. The products find applications in railways, roads, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Geographically, the company generates a majority of its revenue from its customers within India.
76GF Score
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