Jindal Stainless Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Strong return on equity (ROE 17.8%)
- ✓Efficient capital deployment (ROCE 19.3%)
- ✓Attractively valued vs sector (P/E 18.8x vs industry 31.6x)
- ✓Low debt relative to equity (D/E 0.4x)
Concerns
- ✗High premium to book value (P/B 12.6x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹3,148 | ₹4.3L Cr | 120 | 5.02 | -3.38 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,264 | ₹3.0L Cr | 25.1 | 3.09 | 10.2 | 11 | 1.22 |
| TATASTEEL Tata Steel Limited | ₹186 | ₹2.3L Cr | 20.5 | 2.27 | 11.7 | 12.5 | 1.01 |
| HINDZINC Hindustan Zinc Limited | ₹535 | ₹2.2L Cr | 15.9 | 9.98 | 76.6 | 69.5 | 0.39 |
| HINDALCO Hindalco Industries Limited | ₹950 | ₹2.1L Cr | 12.6 | 1.56 | 13 | 13.2 | 0.56 |
| LLOYDSME Lloyds Metals And Energy Limited | ₹1,936 +1.49% | ₹1.1L Cr | 28.2 | 7.39 | 36.6 | 27.3 | 1.45 |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,048 | ₹1.0L Cr | 25.9 | 2.1 | 8.22 | 9.7 | 0.39 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
JSL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 58.68% | 60.49% | 60.48% | 60.48% | 60.70% | 60.87% |
| FII | 22.56% | 20.83% | 22.49% | 22.78% | 22.16% | 21.37% |
| DII | 5.81% | 6.62% | 6.25% | 5.86% | 6.26% | 6.91% |
| Public | 12.94% | 12.06% | 10.78% | 10.86% | 10.81% | 10.80% |
| Others | — | — | — | — | 0.04% | 0.01% |
Corporate Events
Interim Dividend - Re 1 Per Share
Dividend - Rs 2 Per Share
Interim Dividend - Re 1 Per Share
Record: 7 Feb 2025
Annual General Meeting
Dividend - Rs 2 Per Share
Interim Dividend - Re 1 Per Share
Record: 27 Oct 2023
Annual General Meeting/Dividend - Rs 1.50 Per Share
Latest News
All news →Jindal Steel receives new credit rating update
*Jindal Steel receives new credit rating update.* The company's latest credit assessment has been disclosed in a regulatory filing. While no adverse action was indicated, the rating reaffirmation holds limited immediate impact on trading sentiment. Investors may monitor for debt cost implications. 📊 *STOCKS:* JSL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
Jindal Stainless announces general corporate updates
*Jindal Stainless announces general corporate updates.* The company filed routine disclosures with the NSE, indicating no immediate financial or operational changes. Details remain unspecified in the release. Investors await further clarity. 📊 *STOCKS:* JSL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #corporate
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹11.3K Cr ▲7.8% | ₹10.5K Cr ▼3.4% | ₹10.9K Cr ▲6.7% | ₹10.2K Cr ▲0.1% | ₹10.2K Cr ▲2.9% | ₹9.9K Cr ▲1.3% | ₹9.8K Cr ▲3.7% | ₹9.4K Cr |
| Op. Profit | ₹1.5K Cr ▲3.3% | ₹1.4K Cr ▲2.5% | ₹1.4K Cr ▲6.0% | ₹1.3K Cr ▲25.5% | ₹1.0K Cr ▼13.4% | ₹1.2K Cr ▲0.6% | ₹1.2K Cr ▼2.0% | ₹1.2K Cr |
| OPM | 13.0% ▲0.0% | 13.0% ▲0.0% | 13.0% ▲0.0% | 13.0% ▲30.0% | 10.0% ▼16.7% | 12.0% ▲0.0% | 12.0% ▼7.7% | 13.0% |
| Net Profit | ₹834 Cr ▲0.7% | ₹828 Cr ▲2.5% | ₹808 Cr ▲13.0% | ₹715 Cr ▲21.2% | ₹590 Cr ▼9.8% | ₹654 Cr ▲7.4% | ₹609 Cr ▼5.7% | ₹646 Cr |
| EPS (₹) | 10.23 ▲1.8% | 10.05 ▲2.7% | 9.79 ▲12.9% | 8.67 ▲20.9% | 7.17 ▼9.8% | 7.95 ▲7.1% | 7.42 ▼5.7% | 7.87 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹43.0K Cr ▲9.3% | ₹39.3K Cr ▲1.9% | ₹38.6K Cr ▲8.0% | ₹35.7K Cr ▲9.1% | ₹32.7K Cr ▲168.6% | ₹12.2K Cr ▼5.9% | ₹13.0K Cr ▼4.5% | ₹13.6K Cr ▲16.5% | ₹11.6K Cr ▲25.4% | ₹9.3K Cr |
| Expenses | ₹37.4K Cr ▲7.3% | ₹34.8K Cr ▲2.3% | ₹34.1K Cr ▲6.0% | ₹32.1K Cr ▲16.2% | ₹27.6K Cr ▲156.8% | ₹10.8K Cr ▼8.9% | ₹11.8K Cr ▼4.6% | ₹12.4K Cr ▲20.4% | ₹10.3K Cr ▲26.9% | ₹8.1K Cr |
| Op. Profit | ₹5.6K Cr ▲24.4% | ₹4.5K Cr ▼0.9% | ₹4.5K Cr ▲25.8% | ₹3.6K Cr ▼29.5% | ₹5.1K Cr ▲257.4% | ₹1.4K Cr ▲25.8% | ₹1.1K Cr ▼2.8% | ₹1.2K Cr ▼13.3% | ₹1.3K Cr ▲15.2% | ₹1.2K Cr |
| OPM | 13.0% ▲18.2% | 11.0% ▼8.3% | 12.0% ▲20.0% | 10.0% ▼37.5% | 16.0% ▲33.3% | 12.0% ▲33.3% | 9.0% ▲0.0% | 9.0% ▼25.0% | 12.0% ▼7.7% | 13.0% |
| Other Income | ₹310 Cr ▼29.2% | ₹438 Cr ▼15.0% | ₹515 Cr ▲118.2% | ₹236 Cr ▲38.0% | ₹171 Cr ▲15.5% | ₹148 Cr ▲236.4% | ₹44 Cr ▼2.2% | ₹45 Cr ▼27.4% | ₹62 Cr ▼1.6% | ₹63 Cr |
| Interest | ₹568 Cr ▼7.2% | ₹612 Cr ▲10.5% | ₹554 Cr ▲70.5% | ₹325 Cr ▼5.5% | ₹344 Cr ▼28.3% | ₹480 Cr ▼18.1% | ₹586 Cr ▼8.0% | ₹637 Cr ▲12.5% | ₹566 Cr ▼28.2% | ₹788 Cr |
| Depreciation | ₹1.1K Cr ▲10.9% | ₹956 Cr ▲8.8% | ₹879 Cr ▲21.4% | ₹724 Cr ▼4.6% | ₹759 Cr ▲88.3% | ₹403 Cr ▼5.2% | ₹425 Cr ▲20.7% | ₹352 Cr ▲10.0% | ₹320 Cr ▼1.5% | ₹325 Cr |
| PBT | ₹4.2K Cr ▲27.0% | ₹3.3K Cr ▼7.0% | ₹3.6K Cr ▲29.5% | ₹2.8K Cr ▼33.3% | ₹4.2K Cr ▲502.8% | ₹690 Cr ▲318.2% | ₹165 Cr ▼25.7% | ₹222 Cr ▼57.3% | ₹520 Cr ▲348.3% | ₹116 Cr |
| Tax % | 25.0% ▲0.0% | 25.0% ▲0.0% | 25.0% ▲0.0% | 25.0% ▲0.0% | 25.0% ▼35.9% | 39.0% ▼30.4% | 56.0% ▲60.0% | 35.0% ▲2.9% | 34.0% ▲21.4% | 28.0% |
| Net Profit | ₹3.2K Cr ▲27.4% | ₹2.5K Cr ▼7.2% | ₹2.7K Cr ▲29.2% | ₹2.1K Cr ▼33.0% | ₹3.1K Cr ▲642.0% | ₹419 Cr ▲474.0% | ₹73 Cr ▼49.7% | ₹145 Cr ▼58.1% | ₹346 Cr ▲316.9% | ₹83 Cr |
| EPS (₹) | 38.74 ▲27.4% | 30.41 ▼7.7% | 32.95 ▲28.3% | 25.68 ▼56.2% | 58.59 ▲581.3% | 8.6 ▲489.0% | 1.46 ▼50.8% | 2.97 ▼58.5% | 7.16 ▲251.0% | 2.04 |
| Div Payout | 10.0% ▲0.0% | 10.0% ▲11.1% | 9.0% ▼10.0% | 10.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹165 Cr ▲0.0% | ₹165 Cr ▲0.0% | ₹165 Cr ▲0.0% | ₹165 Cr ▲57.1% | ₹105 Cr ▲8.2% | ₹97 Cr ▲0.0% | ₹97 Cr ▲1.0% | ₹96 Cr ▲0.0% | ₹96 Cr ▲20.0% | ₹80 Cr |
| Reserves | ₹19.6K Cr ▲18.8% | ₹16.5K Cr ▲16.4% | ₹14.2K Cr ▲20.6% | ₹11.8K Cr ▲21.1% | ₹9.7K Cr ▲212.7% | ₹3.1K Cr ▲18.6% | ₹2.6K Cr ▲5.0% | ₹2.5K Cr ▲5.3% | ₹2.4K Cr ▲36.6% | ₹1.7K Cr |
| Borrowings | ₹7.5K Cr ▲16.5% | ₹6.4K Cr ▲5.8% | ₹6.1K Cr ▲52.9% | ₹4.0K Cr ▼1.2% | ₹4.0K Cr ▲24.1% | ₹3.2K Cr ▼17.2% | ₹3.9K Cr ▼11.1% | ₹4.4K Cr ▼12.5% | ₹5.0K Cr ▼14.8% | ₹5.9K Cr |
| Other Liabilities | ₹13.5K Cr ▲4.9% | ₹12.8K Cr ▲23.9% | ₹10.4K Cr ▼7.8% | ₹11.2K Cr ▲28.4% | ₹8.7K Cr ▲103.4% | ₹4.3K Cr ▲6.0% | ₹4.1K Cr ▲8.6% | ₹3.7K Cr ▲11.4% | ₹3.4K Cr ▲4.6% | ₹3.2K Cr |
| Total Liabilities | ₹40.7K Cr ▲13.3% | ₹35.9K Cr ▲16.7% | ₹30.8K Cr ▲13.5% | ₹27.1K Cr ▲20.1% | ₹22.6K Cr ▲110.3% | ₹10.7K Cr ▲0.5% | ₹10.7K Cr ▼0.3% | ₹10.7K Cr ▼1.1% | ₹10.8K Cr ▼0.7% | ₹10.9K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹18.2K Cr ▲23.2% | ₹14.8K Cr ▲11.7% | ₹13.3K Cr ▲33.1% | ₹10.0K Cr ▲15.2% | ₹8.6K Cr ▲47.7% | ₹5.9K Cr ▼5.3% | ₹6.2K Cr ▼2.6% | ₹6.3K Cr ▲0.0% | ₹6.3K Cr ▼4.0% | ₹6.6K Cr |
| CWIP | ₹1.8K Cr ▲0.4% | ₹1.8K Cr ▲60.3% | ₹1.1K Cr ▲43.9% | ₹773 Cr ▲47.2% | ₹525 Cr ▲805.2% | ₹58 Cr ▲286.7% | ₹15 Cr ▼48.3% | ₹29 Cr ▼79.9% | ₹144 Cr ▲396.6% | ₹29 Cr |
| Investments | ₹1.5K Cr ▼6.0% | ₹1.6K Cr ▲32.1% | ₹1.2K Cr ▲28.5% | ₹970 Cr ▲55.0% | ₹626 Cr ▲37.3% | ₹456 Cr ▲1.6% | ₹449 Cr ▼1.1% | ₹454 Cr ▲3.4% | ₹439 Cr ▲8.7% | ₹404 Cr |
| Other Assets | ₹19.1K Cr ▲8.2% | ₹17.7K Cr ▲16.7% | ₹15.2K Cr ▼1.7% | ₹15.4K Cr ▲20.6% | ₹12.8K Cr ▲192.8% | ₹4.4K Cr ▲8.2% | ₹4.0K Cr ▲3.8% | ₹3.9K Cr ▼0.6% | ₹3.9K Cr ▲1.1% | ₹3.9K Cr |
| Total Assets | ₹40.7K Cr ▲13.3% | ₹35.9K Cr ▲16.7% | ₹30.8K Cr ▲13.5% | ₹27.1K Cr ▲20.1% | ₹22.6K Cr ▲110.3% | ₹10.7K Cr ▲0.5% | ₹10.7K Cr ▼0.3% | ₹10.7K Cr ▼1.1% | ₹10.8K Cr ▼0.7% | ₹10.9K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹3.4K Cr ▼28.0% | ₹4.7K Cr ▼2.1% | ₹4.8K Cr ▲55.6% | ₹3.1K Cr ▲198.3% | ₹1.0K Cr ▼20.6% | ₹1.3K Cr ▲10.8% | ₹1.2K Cr ▼16.8% | ₹1.4K Cr ▼2.3% | ₹1.5K Cr ▼71.6% | ₹5.1K Cr |
| Investing CF | ₹-3.5K Cr ▼2.1% | ₹-3.4K Cr ▼6.3% | ₹-3.2K Cr ▼30.2% | ₹-2.5K Cr ▼151.8% | ₹-985 Cr ▼548.0% | ₹-152 Cr ▲18.3% | ₹-186 Cr ▲3.1% | ₹-192 Cr ▲1.0% | ₹-194 Cr ▼546.7% | ₹-30 Cr |
| Financing CF | ₹-112 Cr ▲94.0% | ₹-1.9K Cr ▼127.0% | ₹-829 Cr ▼114.8% | ₹-386 Cr ▼482.2% | ₹101 Cr ▲109.0% | ₹-1.1K Cr ▼12.9% | ₹-991 Cr ▲19.9% | ₹-1.2K Cr ▲1.6% | ₹-1.3K Cr ▲75.4% | ₹-5.1K Cr |
| Net Cash Flow | ₹-223 Cr ▲62.6% | ₹-597 Cr ▼178.6% | ₹760 Cr ▲231.9% | ₹229 Cr ▲48.7% | ₹154 Cr ▲316.2% | ₹37 Cr ▲825.0% | ₹4 Cr ▲136.4% | ₹-11 Cr ▼1200.0% | ₹1 Cr ▲104.8% | ₹-21 Cr |
| Free Cash Flow | ₹755 Cr ▼73.9% | ₹2.9K Cr ▼14.2% | ₹3.4K Cr ▲132.5% | ₹1.4K Cr ▲1968.6% | ₹70 Cr ▼93.9% | ₹1.1K Cr ▲13.8% | ₹1.0K Cr ▼17.1% | ₹1.2K Cr ▼3.6% | ₹1.3K Cr ▼75.1% | ₹5.1K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 26d ▼10.3% | 29d ▲7.4% | 27d ▼27.0% | 37d ▼14.0% | 43d ▲53.6% | 28d ▲40.0% | 20d ▼20.0% | 25d ▼10.7% | 28d ▼20.0% | 35d |
| Inventory Days | 122d ▼7.6% | 132d ▲22.2% | 108d ▼13.6% | 125d ▲7.8% | 116d ▼10.8% | 130d ▲11.1% | 117d ▲21.9% | 96d ▼17.2% | 116d ▼12.8% | 133d |
| Days Payable | 106d ▼14.5% | 124d ▲30.5% | 95d ▼18.8% | 117d ▲19.4% | 98d ▼20.3% | 123d ▲8.8% | 113d ▲14.1% | 99d ▼4.8% | 104d ▼12.6% | 119d |
| Cash Conv. Cycle | 42d ▲16.7% | 36d ▼12.2% | 41d ▼10.9% | 46d ▼24.6% | 61d ▲74.3% | 35d ▲52.2% | 23d ▲4.5% | 22d ▼46.3% | 41d ▼18.0% | 50d |
| Working Capital Days | 5d ▼58.3% | 12d ▼47.8% | 23d ▼23.3% | 30d ▼9.1% | 33d ▲1750.0% | -2d ▲91.7% | -24d ▼26.3% | -19d ▲5.0% | -20d ▲74.0% | -77d |
| ROCE | 19.0% ▲5.6% | 18.0% ▼18.2% | 22.0% ▲4.8% | 21.0% ▼52.3% | 44.0% ▲175.0% | 16.0% ▲45.5% | 11.0% ▼8.3% | 12.0% ▼14.3% | 14.0% ▲55.6% | 9.0% |
Source: Screener.in · Lower days = better efficiency
About Jindal Stainless Limited
Jindal Stainless Ltd is one of the largest manufacturers of Stainless Steel flat products, in Austenitic, Ferritic, Martensitic and Duplex grades in India used in a variety of industries like automobile, railways, construction, consumer goods etc. [1]
Metals & Mining · Ferrous Metals