Jindal Steel vs NMDC: share price & financials comparison
NSE: JINDALSTEL vs NMDC · Metals & Mining · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Jindal Steel vs NMDC at a glance
Jindal Steel (JINDALSTEL) has a market capitalisation of ₹1,17,864 Cr, against ₹61,367 Cr for NMDC (NMDC). Over the past year Jindal Steel has returned +7.1%, compared with -6.0% for NMDC. On valuation, NMDC trades at a lower P/E of 8.3 versus 41.3. NMDC earns a higher return on equity (20.2% vs 5.5%). Jindal Steel comes out ahead on growth, momentum and technicals. NMDC comes out ahead on size, valuation, profitability and financial health. Across the scored metrics below, Jindal Steel leads on 9 and NMDC on 9. On StoxGud's 10-point checklist, Jindal Steel scores 5/10 and NMDC scores 6/10.
| Metric | Jindal Steel | NMDC |
|---|---|---|
| Size | ||
| Market cap | ₹1,17,864 Cr | ₹61,367 Cr |
| Revenue (latest FY) | ₹53,225 Cr | ₹32,071 Cr |
| Net profit (latest FY) | ₹3,367 Cr | ₹7,450 Cr |
| Valuation | ||
| P/E | 41.3 | 8.3 |
| P/B | 2.25 | 1.67 |
| Dividend yield | 0.17% | 5.01% |
| Profitability | ||
| Return on equity | 5.5% | 20.2% |
| Net profit margin | 4.6% | 22.9% |
| Operating margin | 16.0% | 28.4% |
| Growth | ||
| Revenue growth (YoY) | +42.7% | +4.1% |
| Net profit growth (YoY) | +21.3% | -1.8% |
| Revenue CAGR (multi-year) | +6.4% | +18.3% |
| Financial health | ||
| Debt to equity | 0.42 | 0.18 |
| Momentum | ||
| 1-month return | +12.2% | -2.2% |
| 1-year return | +7.1% | -6.0% |
| 3-year CAGR | +22.1% | +6.1% |
| 5-year CAGR | +24.5% | +14.2% |
| 10-year CAGR | +32.3% | +8.8% |
| Distance from 52W high | -10.2% | -27.3% |
| Technicals | ||
| RSI (14) | 83 | 66 |
| Price vs 200-day avg | +1.3% | -15.3% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Jindal Steel | NMDC |
|---|---|---|
| Price above 50-day average | ✓ | ✗ |
| Price above 200-day average | ✓ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✗ | ✓ |
| Positive 1-year return | ✓ | ✗ |
| Return on equity above 15% | ✗ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✓ |
| P/E below industry median | ✗ | ✓ |
| Score | 5/10 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Jindal Steel or NMDC?
Jindal Steel has a market cap of ₹1,17,864 Cr and NMDC has a market cap of ₹61,367 Cr as of 13 Nov 2026.
Which has a lower P/E, Jindal Steel or NMDC?
NMDC has the lower P/E: Jindal Steel trades at 41.3 and NMDC at 8.3.
Which gave better returns in the last year, Jindal Steel or NMDC?
Jindal Steel did better: Jindal Steel returned +7.1% and NMDC returned -6.0% over one year.
What is the difference between Jindal Steel and NMDC?
Both are NSE-listed companies in Metals & Mining. Jindal Steel is about 1.9 times the size of NMDC by market cap. In the latest financial year Jindal Steel reported revenue of ₹53,225 Cr and NMDC ₹32,071 Cr. Operating margin is 16.0% for Jindal Steel and 28.4% for NMDC. Debt to equity is 0.42 for Jindal Steel and 0.18 for NMDC.
Which is better, Jindal Steel or NMDC?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Jindal Steel leads on 9 and NMDC on 9. Jindal Steel is ahead on growth, momentum and technicals. NMDC is ahead on size, valuation, profitability and financial health. On StoxGud's rules-based checklist Jindal Steel scores 5/10 and NMDC scores 6/10. This is information, not advice: consult a SEBI-registered adviser before investing.