Jindal Steel & Power Share Price

Jindal Steel & Power Overview

Jindal Steel & Power Limited (JSPL), established in 1994 by Om Prakash Jindal and currently led by Naveen Jindal, is headquartered in New Delhi. It is one of India’s leading steel and energy companies, listed on the Bombay Stock Exchange and the National Stock Exchange. The company is engaged in steel manufacturing, power generation, and mining operations. It is the third-largest private steel producer in India, operating integrated facilities in Odisha, Chhattisgarh, and Jharkhand. JSPL is known for manufacturing rails, hot-rolled plates, coils, sponge iron, and iron-ore pellets and operates significant captive power plants.

Jindal Steel & Power Business Segments and Revenue Model

Jindal Steel & Power operates in three core verticals:

• Steel Manufacturing: Produces rails, plates, coils, TMT bars, and structural steel from integrated facilities in Angul, Patratu, and Barbil. The company also utilises coal gasification technology for steelmaking at its Angul plant.
• Mining: Owns and operates captive coal and iron ore mines in India and abroad. It has assets in Mozambique, South Africa, and Australia, ensuring raw material security for its steel operations.
• Power Generation: Operates power plants with a combined capacity exceeding 5 GW, including thermal and captive units, primarily to support steel production.

Revenue is generated through domestic and export sales of steel products, income from captive mining operations, and electricity generation. The company benefits from a backward-integrated structure and is expanding its presence in clean energy and green steel initiatives.

Jindal Steel & Power Key Milestones

• 1994 – Incorporated as part of the O.P. Jindal Group.
• 2000s – Expanded steelmaking capacity and set up the Angul integrated plant.
• 2012 – Commissioned the world’s first coal-gasification-based steelmaking facility in Angul.
• 2014 – Commissioned a 1 MTPA rebar mill at Patratu.
• Mid-2010s – Secured overseas mining assets in Africa and Australia.
• 2022 – Inaugurated a 1.4 MTPA TMT bar mill at Angul; announced plan to expand capacity to 12 MTPA by 2025 and 25.2 MTPA by 2030.
• 2025 – Selected for government incentive under the Coal Gasification Promotion Scheme.
• Q3 FY25 – Reported steel production of 1.99 million tonnes and net profit of ₹951 crore despite lower margins.
• Q4 FY25 – Recorded revenue of ₹15,525 crore and net profit of ₹1,099 crore, up 18% year-on-year.

JSPL ESG and Sustainability

• Pioneer in using coal gasification for steelmaking, reducing dependence on imported coking coal.
• Achieved a 15% reduction in carbon intensity since 2018 through efficiency measures and cleaner technologies.
• Operating solar and waste heat recovery systems to reduce emissions.
• CSR programs include rural health, education, women empowerment, and elderly care.
• Committed to sustainable growth with a goal of reaching 25.2 MTPA steel capacity by 2030 with low-carbon technologies.

JSPL Awards and Recognitions

• Received the Platinum CSR Award 2025 for outstanding community development initiatives.
• Honoured with Dual Greentech Awards for excellence in agriculture and elder welfare programs.
• Recognised by industry bodies for responsible mining, energy efficiency, and safety practices.
• Awarded for creative branding and corporate governance.
• Frequently acknowledged for excellence in sustainability reporting and risk management.