Steel Industry — Sector Outlook & Stocks

The Steel industry on FinBizNet covers 188 listed companies, with broker-view summaries, sub-industry segmentation, latest quarterly results and peer comparisons for each constituent.

Steel industry at a glance

Listed companies188
Combined market cap₹14,31,831 Cr
Median P/E (profitable companies)20.3
Median return on equity9.9%
Companies with latest quarterly results107 of 188

Companies in the Steel industry

CompanyMarket CapP/EROEQuarterly RevenueQuarterly Net ProfitQuarter
JSW Steel Ltd.₹2,96,731 Cr13.527.3%₹54,486 Cr₹5,067 CrQ2 FY27
Tata Steel Ltd₹2,19,211 Cr20.111.2%₹60,794 Cr₹2,289 CrQ1 FY27
Jindal Steel & Power Ltd (JSPL)₹1,06,620 Cr31.36.8%₹16,679 Cr₹771 CrQ2 FY27
Lloyds Metals & Energy Ltd₹1,04,302 Cr27.037.0%₹7,354 Cr₹1,701 CrQ1 FY27
SAIL₹70,611 Cr20.75.7%₹26,246 Cr₹1,618 CrQ1 FY27
Welspun Corp Ltd₹67,769 Cr42.318.9%₹4,081 Cr₹427 CrQ1 FY27
NMDC Ltd₹63,037 Cr8.323.4%₹6,795 Cr₹2,006 CrQ1 FY27
Jindal Stainless Ltd (JSL)₹60,688 Cr19.017.4%₹12,874 Cr₹898 CrQ2 FY27
APL Apollo Tubes Ltd.₹59,352 Cr49.225.3%₹5,607 Cr₹263 CrQ1 FY27
Tube Investments Of India Ltd₹42,534 Cr65.910.2%₹6,215 Cr₹294 CrQ1 FY27
KIOCL Limited₹22,387 Cr1289.91.0%₹158 Cr₹-15 CrQ1 FY27
Jindal Saw Ltd.₹19,215 Cr19.48.0%₹4,472 Cr₹39 CrQ2 FY27
Ratnamani Metals & Tubes Ltd₹17,694 Cr36.713.6%₹972 Cr₹107 CrQ1 FY27
Sarda Energy & Minerals Ltd.₹17,221 Cr15.316.0%₹1,608 Cr₹463 CrQ1 FY27
Usha Martin Ltd.₹14,961 Cr30.116.2%₹1,033 Cr₹137 CrQ1 FY27
Bharat Coking Coal Ltd (BCCL)₹14,805 Cr114.02.2%₹3,587 Cr₹-68 CrQ1 FY27
Gallantt Ispat₹14,704 Cr30.915.7%₹1,146 Cr₹61 CrQ2 FY27
Godawari Power & Ispant Ltd. (Gpil)₹13,776 Cr16.514.9%₹1,750 Cr₹217 CrQ1 FY27
NMDC Steel Ltd₹11,793 Cr201.40.4%₹3,662 Cr₹51 CrQ1 FY27
Vedanta Iron and Steel Limited₹11,477 Cr——₹3,662 Cr₹111 CrQ1 FY27
Jayaswal Neco Industries Ltd₹9,759 Cr20.517.8%₹2,194 Cr₹230 CrQ2 FY27
Sandur Manganese & Iron Ores Ltd.₹8,512 Cr12.922.3%₹1,375 Cr₹229 CrQ1 FY27
Maharashtra Seamless Ltd₹7,840 Cr11.010.6%₹1,091 Cr₹270 CrQ1 FY27
Sunflag Iron & Steel Co.Ltd.₹7,752 Cr36.72.3%₹1,079 Cr₹64 CrQ1 FY27
Kirloskar Ferrous Industries Ltd.₹7,460 Cr14.810.0%₹1,772 Cr₹82 CrQ1 FY27
Aeroflex₹6,958 Cr118.114.1%₹145 Cr₹19 CrQ1 FY27
Jai Balaji Industries Ltd.₹6,598 Cr49.45.9%₹1,683 Cr₹85 CrQ1 FY27
Man Industries (India) Ltd.₹6,502 Cr38.09.2%₹1,053 Cr₹61 CrQ1 FY27
Goodluck India Ltd₹5,918 Cr32.412.7%₹1,287 Cr₹67 CrQ1 FY27
Shivalik Bimetal Controls Ltd₹5,901 Cr60.021.6%₹182 Cr₹31 CrQ1 FY27

Market data from the FinBizNet stock universe; quarterly figures in ₹ crore, parsed from each company's exchange filing (XBRL). Showing the 30 largest of 188 companies.

Sub-industries within Steel

Frequently Asked Questions

Which stocks are in the Steel industry?

FinBizNet tracks 188 listed companies in the Steel industry, including JSW Steel Ltd., Tata Steel Ltd, Jindal Steel & Power Ltd (JSPL), Lloyds Metals & Energy Ltd, SAIL, Welspun Corp Ltd, NMDC Ltd, Jindal Stainless Ltd (JSL), among others.

What are the largest Steel companies by market capitalisation?

By market capitalisation, the largest Steel companies are JSW Steel Ltd. (₹2,96,731 Cr), Tata Steel Ltd (₹2,19,211 Cr), Jindal Steel & Power Ltd (JSPL) (₹1,06,620 Cr), Lloyds Metals & Energy Ltd (₹1,04,302 Cr), SAIL (₹70,611 Cr).

What is the combined market capitalisation of the Steel industry?

The 188 Steel companies tracked on FinBizNet have a combined market capitalisation of about ₹14,31,831 Cr.

What is the median P/E ratio in the Steel industry?

The median price-to-earnings ratio across 150 profitable Steel companies is 20.3, and the median return on equity across the industry is 9.9%. Medians are shown for context only.

What does FinBizNet cover for the Steel industry?

FinBizNet aggregates broker research, sub-industry breakdowns, quarterly results and peer-stock comparisons across the Steel industry.