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Jindal Stainless Limited

Jindal Stainless Limited

JSL.BO
Jindal Stainless LimitedIN flagBombay Stock Exchange
693.00
INR
-2.40
- -
570.19BMarket Cap
Jindal Stainless Limited
JSL.BO
(Bombay Stock Exchange)

Recent

price

693.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
402.11
464.94
592.88
627.51
317.72
312.01
256.36
254.65
279.69
264.09
248.98
407.02
676.96
466.51
477.36
521.36
521.49
Revenue per Share
16.83
-9.56
-44.2
-66.96
11.57
-24.33
2.29
7.6
2.97
1.48
8.6
38.7
40.24
32.95
30.42
38.76
38.77
Basic EPS, GAAP
20.92
-30.58
10.09
39
22.66
34.64
141.35
27.71
25.3
20.34
23.4
0.84
27.4
40.6
34.4
8.94
- -
Free Cash Flow per Basic Share
0.02
0.01
0.01
0.01
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
3.47
2.97
2.97
- -
Dividend per Share
2
30.23
2.15
-48.86
63.47
36.38
26.81
28.46
30.21
31.6
42.14
71.05
148.88
124.34
151.91
2
2
Book Value per Share
118.28
109.02
68.84
1.54
101.62
73.72
50.44
54.16
53.57
55.75
65.38
112.43
209.51
159.69
182.16
217.27
217.32
Tangible Book Value per Share
187
188
190
204
218
229
357
451
479
484
487
796
525
823
824
824
824
Basic Weighted Avg Shares
75,322
87,464
112,779
128,214
69,415
71,407
91,415
114,878
134,034
127,690
121,313
323,794
355,741
384,143
393,122
429,547
429,547
Sales/Revenue/Turnover
10.99
5.71
-0.28
2.2
-0.62
3.59
9.26
8.96
6.11
5.6
8.44
12.58
7.86
9.47
9.44
10.48
10.48
Operating Margin (%)
3,955
4,485
7,401
7,284
4,111
3,162
3,252
3,200
3,515
4,252
4,030
7,591
7,238
8,788
9,561
10,603
10,603
Depreciation Expense
3,153
-1,798
-8,407
-13,682
2,528
-5,568
816
3,430
1,424
713
4,192
30,788
21,145
27,132
25,052
31,934
31,934
Net Income, GAAP
32.6
- -
- -
- -
0.01
- -
28.11
33.5
34.55
56.06
39.18
25.24
24.88
25.02
25.13
24.93
24.93
Effective Tax Rate (%)
4.19
-2.06
-7.45
-10.67
3.64
-7.8
0.89
2.99
1.06
0.56
3.46
9.51
5.94
7.06
6.37
7.43
7.43
Profit Margin (%)
6,775
-4,774
254
-11,658
30,807
15,418
-19,111
-5,643
-6,693
-7,673
623
33,285
41,860
47,387
35,555
35,129
35,129
Working Capital
76,882
78,222
89,964
86,832
80,702
73,233
33,820
35,509
31,527
27,888
26,624
27,044
28,618
46,522
44,125
50,297
50,297
LT Debt
22,651
21,041
13,590
836
22,345
17,169
18,201
24,742
26,025
27,303
32,184
98,901
119,676
143,745
167,082
198,822
198,822
Total Equity
5.62
- -
- -
- -
-0.33
- -
6.33
9.33
7.42
4.59
9.49
29.98
14.11
15.06
12.78
13.39
12.87
Return on Invested Capital (%)
7.61
- -
- -
- -
9.65
- -
6.99
10.87
8.44
5.14
12.38
43.49
21.79
21.97
16.85
27.23
49.14
Return on Capital (%)
845.43
-59.31
-275.83
- -
- -
-50.18
9.12
30.62
10.42
4.79
23.41
79.91
31.38
30.04
22.03
50.39
1,938.18
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
26,923
- -
24,306
LT Borrowings
40,587
- -
49,359
LT Finance Leases
1,110
- -
938
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
824
- -
824
Market Capitalization
607,647
689,738
584,943

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
174,128
- -
175,005
Cash, Cash Equivalents & STI
28,173
- -
33,868
Accounts Receivable, Net
30,506
- -
30,856
Inventories
100,793
- -
95,075
Total Current Liabilities
150,938
- -
139,876
Payables & Accruals
- -
- -
- -
ST Debt
26,923
- -
24,306
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.36%
56.73%
19%
Free Cash Flow
245.32%
399.72%
-73.99%
Net Income, GAAP
123.64%
130.24%
27.47%
Sales/Revenue/Turnover
25.7%
39.27%
9.27%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
101,840
97,970
91,274
93,058
384,143
2025
94,298
97,768
99,073
101,983
393,122
2026
102,071
108,928
105,176
113,372
429,547

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9.06
9.4
8.41
- -
32.95
2025
7.87
7.42
7.95
7.18
30.42
2026
8.67
9.8
10.06
10.24
38.76

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.47
2025
- -
- -
- -
- -
2.97
2026
- -
- -
- -
- -
2.97
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Business
Jindal Stainless Limited manufactures stainless steel flat products, including slabs, blooms, hot rolled coils, cold rolled coils, plates, sheets, precision strips, wire rods, rebars, pipes, tubes, razor blade steel and coin blanks across 200, 300, 400 and duplex grades; it also produces ferro alloys. The company serves sectors such as automotive, railways and transport, architecture, building and construction, process industries, consumer durables, nuclear applications and food processing. Founded in 1970 and headquartered in New Delhi, India, Jindal Stainless operates manufacturing facilities in Haryana and Odisha states in India, an overseas unit in Indonesia and processing centers in Spain; it exports to over 60 countries with a global network of 14 offices and maintains a melt capacity of 2.9 million tonnes per annum, ramping up to 4.2 million tonnes by FY27. Recent developments include a Rs 5,700 crore investment plan announced in 2025 for capacity expansion and technology upgrades; acquisition of a 9.62% stake in M1xchange by the company and its subsidiary Jindal Stainless Steelway in April 2025 to enhance supply chain financing; full acquisition of Chromeni Steels Private Limited in June 2024, making it a wholly owned subsidiary to bolster cold rolled capacity; launch of the JSL Saathi Pragati loyalty program and supply chain digitalization project in 2025; and an MoU with GSV in July 2025 for research, education and training in stainless steel. Jindal Stainless, part of the OP Jindal Group, focuses on sustainable practices, including green hydrogen-based production and renewable energy collaborations.