Iron & Steel stocks in India
Every listed iron & steel company on NSE and BSE in our database, largest first, with its valuation, profitability, latest quarterly growth, one-year return and next results date.
There are 178 listed companies in the Iron & Steel industry on NSE and BSE in our database, 91 of them with full financials.
The largest by market capitalisation are JSW Steel Limited (₹300,954 Cr), Tata Steel Limited (₹222,043 Cr), JINDAL STEEL LIMITED (₹111,975 Cr).
Among the 63 companies worth more than ₹500 Cr, the median P/E of the profitable ones is 27.1 and the median return on equity is 11.7%.
Fastest sales growth in the latest quarter (year on year, above ₹500 Cr): Hi-Tech Pipes +78%, Aeroflex Industries +73%, Godawari Power +54%.
Next to report results: Rajasthan Tube on 14 Oct, JSW Steel on 23 Oct.
Iron & Steel companies by market cap
| # | Company | Market cap | P/E | ROE | Qtr sales YoY | Qtr profit YoY | Return 1Y | Next results |
|---|---|---|---|---|---|---|---|---|
| 1 | JSW Steel LimitedJSWSTEEL | ₹300,954 Cr | 10.75 | 28.0% | +49.8% | +115.6% | +7.4% | 23 Oct |
| 2 | Tata Steel LimitedTATASTEEL | ₹222,043 Cr | 19.71 | 11.0% | +14.3% | +18.8% | +3.3% | — |
| 3 | JINDAL STEEL LIMITEDJINDALSTEL | ₹111,975 Cr | 41.33 | 5.3% | +25.8% | -43.6% | +4.6% | — |
| 4 | Steel Authority of India LimitedSAIL | ₹72,078 Cr | 16.87 | 7.1% | +1.2% | +120.8% | +27.8% | — |
| 5 | Welspun Corp LimitedWELCORP | ₹68,716 Cr | 29.63 | 25.3% | +14.9% | +200.3% | +198.5% | — |
| 6 | Jindal Stainless LimitedJSL | ₹60,371 Cr | 18.64 | 16.4% | +10.5% | +7.6% | -6.6% | — |
| 7 | APL Apollo Tubes LimitedAPLAPOLLO | ₹58,744 Cr | 47.81 | 23.2% | +8.4% | +126.7% | +25.3% | — |
| 8 | Tube Investments of India LimitedTIINDIA | ₹45,296 Cr | 40.84 | 14.3% | +17.1% | -3.0% | -27.2% | — |
| 9 | Shyam Metalics and Energy LimitedSHYAMMETL | ₹29,163 Cr | 26.02 | 9.7% | +23.5% | +20.7% | +13.9% | — |
| 10 | Ratnamani Metals & Tubes LimitedRATNAMANI | ₹18,360 Cr | 33.26 | 13.4% | -36.7% | -42.9% | +4.8% | — |
| 11 | Sarda Energy & Minerals LimitedSARDAEN | ₹17,434 Cr | 12.40 | — | -1.5% | +9.5% | -15.2% | — |
| 12 | Jindal Saw LimitedJINDALSAW | ₹17,235 Cr | 28.68 | 4.8% | +9.0% | -78.1% | +28.2% | — |
| 13 | Usha Martin LimitedUSHAMART | ₹14,967 Cr | 29.46 | 15.4% | +16.4% | +40.9% | +9.6% | — |
| 14 | Godawari Power And Ispat limitedGPIL | ₹14,031 Cr | 17.37 | 13.9% | +54.4% | +10.9% | -17.0% | — |
| 15 | Gallantt Ispat LimitedGALLANTT | ₹12,792 Cr | 26.32 | 14.7% | +12.4% | +6.0% | -20.0% | — |
| 16 | Vedanta Iron and Steel LimitedVISL | ₹12,189 Cr | — | — | — | — | — | — |
| 17 | NMDC Steel LimitedNSLNISP | ₹12,001 Cr | 143.71 | 0.6% | +8.8% | +94.3% | -11.9% | — |
| 18 | Maharashtra Seamless LimitedMAHSEAMLES | ₹9,363 Cr | 12.70 | 10.7% | -4.7% | +15.7% | +14.4% | — |
| 19 | Jayaswal Neco Industries LimitedJAYNECOIND | ₹8,863 Cr | 18.09 | 17.2% | +27.7% | +108.5% | +27.3% | — |
| 20 | Mishra Dhatu Nigam LimitedMIDHANI | ₹8,123 Cr | 60.30 | 8.8% | +40.5% | +28.6% | +10.0% | — |
| 21 | Sunflag Iron And Steel Company LimitedSUNFLAG | ₹7,813 Cr | 45.55 | — | — | — | +60.7% | — |
| 22 | Kirl. FerrousKIRLFER | ₹7,688 Cr | 21.49 | 9.6% | +4.6% | +33.8% | — | — |
| 23 | Man Industries (India) LimitedMANINDS | ₹6,913 Cr | 33.81 | 9.8% | +41.9% | +122.4% | +117.1% | — |
| 24 | Aeroflex Industries LimitedAEROFLEX | ₹6,899 Cr | 102.74 | 15.0% | +73.1% | +168.5% | +181.1% | — |
| 25 | Technocraft Industries (India) LimitedTIIL | ₹6,561 Cr | 18.84 | 17.2% | +27.2% | +67.3% | +21.4% | — |
| 26 | Jai Balaji Industries LimitedJAIBALAJI | ₹5,630 Cr | 30.67 | 8.3% | -10.6% | -90.4% | -36.1% | — |
| 27 | Bansal Wire Industries LimitedBANSALWIRE | ₹5,058 Cr | 9.52 | 37.1% | +24.4% | -47.9% | -8.4% | — |
| 28 | DEE Development Engineers LimitedDEEDEV | ₹4,990 Cr | 61.88 | 9.1% | +31.6% | +22.4% | +134.7% | — |
| 29 | Goodluck India LimitedGOODLUCK | ₹4,979 Cr | 23.76 | 14.1% | +30.9% | +67.4% | +25.6% | — |
| 30 | Surya Roshni LimitedSURYAROSNI | ₹4,803 Cr | 15.42 | 11.8% | +27.5% | +77.2% | -22.7% | — |
| 31 | Sambhv Steel Tubes LimitedSAMBHV | ₹4,757 Cr | 10.81 | — | +31.1% | +66.9% | +37.5% | — |
| 32 | Venus Pipes & Tubes LimitedVENUSPIPES | ₹4,568 Cr | 43.91 | 15.5% | +16.1% | +5.6% | +58.5% | — |
| 33 | Kalyani Steels LimitedKSL | ₹3,995 Cr | 15.15 | 12.5% | +4.9% | +10.6% | +14.4% | — |
| 34 | Vardhman Special Steels LimitedVSSL | ₹3,706 Cr | 69.29 | 6.7% | — | — | +42.8% | — |
| 35 | JTL INDUSTRIES LIMITEDJTLIND | ₹3,390 Cr | 27.78 | 8.2% | +32.7% | +113.7% | +19.1% | — |
| 36 | Interarch Building Solutions LimitedINTERARCH | ₹2,803 Cr | 20.17 | 15.8% | +20.6% | +0.9% | -16.4% | — |
| 37 | Mukand LimitedMUKANDLTD | ₹2,495 Cr | 4.07 | 40.3% | +20.7% | +97.8% | +28.6% | — |
| 38 | Ratnaveer Precision Engineering LimitedRATNAVEER | ₹2,478 Cr | 39.18 | 9.5% | — | — | +111.9% | — |
| 39 | Pennar Industries LimitedPENIND | ₹2,343 Cr | 16.50 | 12.2% | +2.9% | +10.7% | -27.8% | — |
| 40 | Rajratan Global Wire LimitedRAJRATAN | ₹2,303 Cr | 28.92 | 12.3% | +28.9% | +64.0% | +38.3% | — |
| 41 | Prakash Industries LimitedPRAKASH | ₹2,126 Cr | 6.78 | 8.7% | -0.5% | -21.7% | -31.4% | — |
| 42 | Mahamaya Steel Industries LimitedMAHASTEEL | ₹1,943 Cr | 194.53 | 6.3% | +29.3% | +22.6% | +187.5% | — |
| 43 | MSP Steel & Power LimitedMSPL | ₹1,843 Cr | 48.88 | 3.7% | +16.2% | +22.1% | -13.0% | — |
| 44 | Behari Lal Engineering LimitedBLEL | ₹1,826 Cr | — | — | — | — | — | — |
| 45 | Rajputana Stainless LimitedRSL | ₹1,458 Cr | — | — | — | — | — | — |
| 46 | Hi-Tech Pipes LimitedHITECH | ₹1,448 Cr | 19.19 | 5.7% | +78.5% | -4.2% | -40.8% | — |
| 47 | S.A.L. Steel LimitedSALSTEEL | ₹1,432 Cr | 115.21 | 8.5% | -31.6% | +131.9% | +247.4% | — |
| 48 | STEEL EXCHANGE INDIA LIMITEDSTEELXIND | ₹1,431 Cr | 45.55 | 4.1% | -10.1% | +46.9% | +12.9% | — |
| 49 | Aeroflex Enterprises LimitedAEROENTER | ₹1,380 Cr | 21.26 | — | +24.1% | +38.7% | +41.9% | — |
| 50 | Manaksia Coated Metals & Industries LimitedMANAKCOAT | ₹1,350 Cr | 33.10 | 11.7% | +4.9% | +0.7% | -9.6% | — |
| 51 | Rhetan TMT LimitedRHETAN | ₹1,326 Cr | 338.58 | — | -19.3% | +316.7% | — | — |
| 52 | Mangalam Worldwide LimitedMWL | ₹1,281 Cr | 24.61 | 17.4% | +14.6% | +20.2% | +84.9% | — |
| 53 | Bharat Wire Ropes LimitedBHARATWIRE | ₹1,101 Cr | 16.14 | 8.4% | -8.2% | -23.6% | -0.5% | — |
| 54 | Gandhi Special Tubes LimitedGANDHITUBE | ₹1,101 Cr | 14.74 | 23.6% | +18.9% | +29.3% | +9.8% | — |
| 55 | Kamdhenu LimitedKAMDHENU | ₹1,060 Cr | 36.94 | 7.2% | — | — | +35.8% | — |
| 56 | Hariom Pipe Industries LimitedHARIOMPIPE | ₹1,029 Cr | 15.00 | 10.6% | -6.9% | -29.7% | -35.0% | — |
| 57 | Vilas Transcore LimitedVILAS | ₹976 Cr | 13.16 | 22.6% | +21.4% | -27.7% | -22.5% | — |
| 58 | Electrotherm (India) LimitedELECTHERM | ₹948 Cr | — | 23.5% | +9.5% | -75.2% | -29.4% | — |
| 59 | Scoda Tubes LimitedSCODATUBES | ₹737 Cr | 38.46 | — | +27.6% | -25.9% | -29.5% | — |
| 60 | Rama Steel Tubes LimitedRAMASTEEL | ₹731 Cr | 63.48 | 2.4% | -16.0% | -43.2% | -55.8% | — |
P/E "n/m" means the company made a loss over the last four quarters. Quarterly growth compares the latest quarter with the same quarter a year earlier. "—" means the figure is not available.
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Upcoming iron & steel results
Frequently asked questions
Which are the largest iron & steel stocks in India?
By market capitalisation: JSW Steel Limited (₹300,954 Cr), Tata Steel Limited (₹222,043 Cr), JINDAL STEEL LIMITED (₹111,975 Cr), Steel Authority of India Limited (₹72,078 Cr), Welspun Corp Limited (₹68,716 Cr).
How many iron & steel companies are listed in India?
178 companies listed on NSE and BSE are classified in the Iron & Steel industry on this page, which merges the exchanges' and data vendors' labels for the same business.
What is the average P/E of iron & steel stocks?
The median P/E of profitable iron & steel companies worth more than ₹500 Cr is 27.1, based on trailing-twelve-month profit and the latest close.
When do iron & steel companies announce their results?
Upcoming board meetings for results: Rajasthan Tube Manufacturing Company Ltd on 14 Oct 2026; JSW Steel Limited on 23 Oct 2026.