Jindal Steel Ltd vs Modern Steels Ltd Stock Comparison
Jindal Steel Ltd vs Modern Steels Ltd Stock Comparison
Last Updated on: Jun 01, 2026
Key Highlights
The Latest Trading Price of Jindal Steel Ltd is ₹ 1209 as of 01 Jun 15:30
. The P/E Ratio of Jindal Steel Ltd changed from 9.6 on March 2021 to 32.8 on March 2025 . This represents a CAGR of 27.86% over 5 yearsThe P/E Ratio of Modern Steels Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 years The Market Cap of Jindal Steel Ltd changed from ₹ 35073 crore on March 2021 to ₹ 93037 crore on March 2025 . This represents a CAGR of 21.54% over 5 yearsThe Market Cap of Modern Steels Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 years The revenue of Jindal Steel Ltd for the Mar '26 is ₹ 16484 crore as compare to the Dec '25 revenue of ₹ 13036 crore. This represent the growth of 26.45% The revenue of Modern Steels Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Jindal Steel Ltd for the Mar '26 is ₹ 2378 crore as compare to the Dec '25 ebitda of ₹ 1583 crore. This represent the growth of 50.14% The ebitda of Modern Steels Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Jindal Steel Ltd changed from ₹ 1337 crore to ₹ 1041 crore over 8 quarters. This represents a CAGR of -11.78%
The net profit of Modern Steels Ltd changed from ₹ 0 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of 0.0%
The Dividend Payout of Jindal Steel Ltd changed from 3.66 % on March 2022 to 5.59 % on March 2025 . This represents a CAGR of 11.17% over 4 yearsThe Dividend Payout of Modern Steels Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .
About Jindal Steel Ltd
Jindal Steel and Power Limited (JSPL) was incorporated on September 28, 1979.
The name of the Company has been changed to 'Jindal Steel Limited' from the erstwhile 'Jindal Steel and Power Limited' w.e.f.
July 22, 2025.
JSPL is one of India's integrated primary steel producers with a significant presence in mining.
JSPL is a part of the US $ 18 billion diversified O. P. Jindal Group.
About Modern Steels Ltd
Incorporated in November 1973, Modern Steels Limited was formed with an object to manufacture carbon and alloy steel.
It operates a rolling mill to convert billets into steel rolled products.
While the melting capacity is 1 lac ton per annum (tpa), the rolling mill has a capacity of 50,000 tpa.
The Company has a plant at Mandi Gobindgarh, in Punjab.
In 1991-92, the company co-promoted Modern Dairies to set up a dairy project at Karnal, Haryana, to process 3.2 lac ltr pd of milk at an estimated cost of Rs 13.56 cr.
Commercial production of the new company commenced in 1993.
FAQs for the comparison of Jindal Steel Ltd and Modern Steels Ltd
Which company has a larger market capitalization, Jindal Steel Ltd or Modern Steels Ltd?
Market cap of Jindal Steel Ltd is 122,997 Cr while Market cap of Modern Steels Ltd is 18 Cr
What are the key factors driving the stock performance of Jindal Steel Ltd and Modern Steels Ltd?
The stock performance of Jindal Steel Ltd and Modern Steels Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Jindal Steel Ltd and Modern Steels Ltd?
As of June 1, 2026, the Jindal Steel Ltd stock price is INR ₹1205.75. On the other hand, Modern Steels Ltd stock price is INR ₹13.54.
How do dividend payouts of Jindal Steel Ltd and Modern Steels Ltd compare?
To compare the dividend payouts of Jindal Steel Ltd and Modern Steels Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.