Nifty
:
22936.75
Sensex
:
74151.04
237.90 (1.05%)
905.01 (1.24%)
Nifty
Sensex
:
:
22936.75
74151.04
237.90 (1.05%)
905.01 (1.24%)

Jindal Stainless Ltd.

Steel & Iron Products

Rating :
58/99

BSE: 532508 | NSE: JSL

NSE BSE
682.45
29-Oct-2026
  • Open
  • High
  • Low
  • Previous Close
  •  682.2
  •  687.85
  •  678.15
  •  682.15
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  768521
  •  524446964.75
  •  884
  •  652.25

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 56,316.10
  • 16.88
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 59,971.24
  • 0.59%
  • 2.65

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 62.55%
  • 0.81%
  • 7.19%
  • FII
  • DII
  • Others
  • 20.07%
  • 6.36%
  • 3.02%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 16.56
  • 5.59
  • 3.66

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 16.75
  • 2.57
  • 3.98

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 44.30
  • 0.73
  • 5.58

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 14.25
  • 18.70
  • 21.43

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 2.26
  • 3.00
  • 3.51

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 8.26
  • 9.84
  • 12.08

Earnings Forecasts:

(Updated: 24-10-2026)
Description
2026
2027
2028
2029
Adj EPS
38.76
42.62
52.42
60.9
P/E Ratio
17.61
16.01
13.02
11.21
Revenue
42802.5
49770.9
55840.1
63483.1
EBITDA
5482.02
5970.89
7011.35
7859.78
Net Income
3193.45
3474.04
4291.64
5016.84
ROA
8.31
12.57
13.15
-
P/B Ratio
2.84
2.46
2.11
1.82
ROE
17.51
16.03
17.22
17.27
FCFF
523.78
2805.14
2916.51
2647.17
FCFF Yield
0.83
4.44
4.62
4.19
Net Debt
4525.18
2758.2
1306.31
790.79
BVPS
240.06
277.12
323.64
375.82

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 26
Sep 25
Var%
Jun 26
Jun 25
Var%
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Net Sales
12,873.86
10,892.78
18.19%
11,278.54
10,207.14
10.50%
11,337.19
10,198.32
11.17%
10,517.55
9,907.30
6.16%
Expenses
11,440.96
9,504.93
20.37%
9,949.40
8,897.34
11.82%
9,882.35
9,137.44
8.15%
9,109.61
8,699.76
4.71%
EBITDA
1,432.90
1,387.85
3.25%
1,329.14
1,309.80
1.48%
1,454.84
1,060.88
37.14%
1,407.94
1,207.54
16.60%
EBIDTM
11.13%
12.74%
11.78%
12.83%
12.83%
10.40%
13.39%
12.19%
Other Income
133.73
89.68
49.12%
118.39
68.87
71.90%
90.72
93.95
-3.44%
102.21
99.11
3.13%
Interest
164.79
140.83
17.01%
146.19
144.12
1.44%
148.80
149.81
-0.67%
134.18
160.51
-16.40%
Depreciation
298.95
261.90
14.15%
302.36
251.84
20.06%
277.66
241.23
15.10%
268.90
241.63
11.29%
PBT
1,219.30
1,092.21
11.64%
998.98
982.71
1.66%
1,073.40
756.73
41.85%
1,077.02
904.51
19.07%
Tax
303.44
270.50
12.18%
264.93
254.39
4.14%
278.11
138.79
100.38%
254.50
235.73
7.96%
PAT
915.86
821.71
11.46%
734.05
728.32
0.79%
795.29
617.94
28.70%
822.52
668.78
22.99%
PATM
7.11%
7.54%
6.51%
7.14%
7.01%
6.06%
7.82%
6.75%
EPS
10.85
9.80
10.71%
9.34
8.67
7.73%
10.24
7.18
42.62%
10.06
7.95
26.54%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Net Sales
46,007.14
42,954.66
39,312.21
38,562.47
35,697.03
32,732.65
12,188.46
12,950.87
13,557.33
11,637.74
9,278.66
Net Sales Growth
11.65%
9.27%
1.94%
8.03%
9.06%
168.55%
-5.89%
-4.47%
16.49%
25.42%
 
Cost Of Goods Sold
30,601.75
28,510.98
26,865.72
26,714.92
24,472.12
21,330.91
7,808.78
8,578.49
9,175.22
7,501.73
5,733.84
Gross Profit
15,405.39
14,443.68
12,446.49
11,847.55
11,224.91
11,401.74
4,379.68
4,372.38
4,382.11
4,136.01
3,544.82
GP Margin
33.48%
33.63%
31.66%
30.72%
31.44%
34.83%
35.93%
33.76%
32.32%
35.54%
38.20%
Total Expenditure
40,382.32
37,472.64
34,799.95
34,051.68
32,181.69
27,902.89
10,764.27
11,811.39
12,392.76
10,297.40
8,113.07
Power & Fuel Cost
-
2,700.32
2,416.20
2,220.64
2,038.23
1,742.51
633.63
792.61
732.38
690.42
565.02
% Of Sales
-
6.29%
6.15%
5.76%
5.71%
5.32%
5.20%
6.12%
5.40%
5.93%
6.09%
Employee Cost
-
942.29
805.10
604.35
508.84
509.67
170.19
186.28
175.48
196.28
154.05
% Of Sales
-
2.19%
2.05%
1.57%
1.43%
1.56%
1.40%
1.44%
1.29%
1.69%
1.66%
Manufacturing Exp.
-
3,720.16
3,359.28
3,437.97
4,003.84
3,199.57
1,762.58
1,882.92
1,937.22
1,488.78
1,319.67
% Of Sales
-
8.66%
8.55%
8.92%
11.22%
9.77%
14.46%
14.54%
14.29%
12.79%
14.22%
General & Admin Exp.
-
338.52
283.95
270.08
228.77
180.02
135.90
122.38
141.04
112.63
76.22
% Of Sales
-
0.79%
0.72%
0.70%
0.64%
0.55%
1.11%
0.94%
1.04%
0.97%
0.82%
Selling & Distn. Exp.
-
964.74
837.67
672.68
822.46
620.45
214.59
230.99
202.76
269.65
238.01
% Of Sales
-
2.25%
2.13%
1.74%
2.30%
1.90%
1.76%
1.78%
1.50%
2.32%
2.57%
Miscellaneous Exp.
-
295.63
232.03
131.04
107.43
319.76
38.60
17.72
28.66
37.91
238.01
% Of Sales
-
0.69%
0.59%
0.34%
0.30%
0.98%
0.32%
0.14%
0.21%
0.33%
0.28%
EBITDA
5,624.82
5,482.02
4,512.26
4,510.79
3,515.34
4,829.76
1,424.19
1,139.48
1,164.57
1,340.34
1,165.59
EBITDA Margin
12.23%
12.76%
11.48%
11.70%
9.85%
14.76%
11.68%
8.80%
8.59%
11.52%
12.56%
Other Income
445.05
429.89
445.22
362.62
197.04
331.40
40.90
39.89
32.61
45.08
25.69
Interest
593.96
567.93
611.64
554.39
324.62
343.69
480.08
585.53
636.87
566.06
787.88
Depreciation
1,147.87
1,060.30
956.12
878.83
723.75
759.11
402.96
425.16
351.50
320.03
325.21
PBT
4,368.70
4,283.68
3,389.72
3,440.19
2,664.01
4,058.36
582.05
168.68
208.81
499.33
78.19
Tax
1,100.98
1,057.50
839.24
898.99
690.14
1,049.65
270.21
92.64
76.60
174.04
32.47
Tax Rate
25.20%
25.03%
24.81%
25.40%
25.91%
25.86%
39.48%
53.51%
36.57%
34.55%
31.21%
PAT
3,267.72
3,193.45
2,505.20
2,713.21
2,114.50
3,078.82
419.23
71.32
142.38
342.97
81.57
PAT before Minority Interest
3,275.61
3,184.57
2,499.72
2,693.48
2,083.83
3,109.39
419.46
72.62
145.11
345.50
83.04
Minority Interest
7.89
8.88
5.48
19.73
30.67
-30.57
-0.23
-1.30
-2.73
-2.53
-1.47
PAT Margin
7.10%
7.43%
6.37%
7.04%
5.92%
9.41%
3.44%
0.55%
1.05%
2.95%
0.88%
PAT Growth
15.19%
27.47%
-7.67%
28.31%
-31.32%
634.40%
487.82%
-49.91%
-58.49%
320.46%
 
EPS
39.64
38.74
30.39
32.91
25.65
37.35
5.09
0.87
1.73
4.16
0.99

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
19,791.28
16,687.94
14,357.90
11,931.18
9,823.09
3,205.13
2,717.24
2,590.82
2,465.20
1,813.99
Share Capital
164.79
164.73
164.69
164.69
105.10
97.45
97.45
95.84
95.84
79.89
Total Reserves
19,550.57
16,487.36
14,183.69
11,766.49
6,792.17
3,053.96
2,619.79
2,494.98
2,369.36
1,707.82
Non-Current Liabilities
6,571.04
5,966.00
6,346.40
4,222.13
4,019.41
3,459.88
3,349.21
3,662.22
4,022.24
3,409.24
Secured Loans
3,979.76
4,285.72
4,443.34
2,656.63
2,184.93
1,495.90
1,815.57
1,557.77
2,044.40
2,896.99
Unsecured Loans
956.17
34.00
119.42
135.16
444.97
1,097.18
900.00
1,594.92
1,506.50
485.00
Long Term Provisions
114.33
70.64
53.25
42.94
33.24
15.83
16.89
14.55
12.31
13.42
Current Liabilities
13,923.75
13,225.05
10,040.00
10,925.78
8,666.38
4,056.25
4,598.07
4,449.86
4,337.64
5,703.08
Trade Payables
8,265.87
9,139.88
6,925.72
7,820.99
5,742.71
2,631.85
2,659.58
2,488.33
2,132.52
1,864.91
Other Current Liabilities
4,003.00
2,899.02
2,380.49
2,294.43
1,741.05
907.63
1,291.15
1,216.35
1,153.27
1,705.08
Short Term Borrowings
1,619.39
1,129.10
726.49
808.07
1,152.55
513.64
645.73
742.99
1,051.51
1,997.75
Short Term Provisions
35.49
57.05
7.30
2.29
30.07
3.13
1.61
2.19
0.34
135.34
Total Liabilities
40,376.96
35,899.26
30,760.93
27,115.48
22,575.92
10,734.51
10,677.54
10,714.62
10,834.07
10,932.38
Net Block
18,205.76
14,790.09
13,244.38
9,961.08
8,646.22
5,855.41
6,180.58
6,344.73
6,342.49
6,608.59
Gross Block
24,900.77
20,444.56
17,998.31
14,240.28
12,192.77
8,172.45
8,129.15
7,862.78
7,501.90
7,455.40
Accumulated Depreciation
6,695.01
5,654.47
4,753.93
4,279.20
3,546.55
2,317.04
1,948.57
1,518.05
1,159.41
846.81
Non Current Assets
22,940.35
19,118.71
15,982.24
12,003.75
10,581.08
6,615.98
6,851.24
6,934.02
7,060.72
7,139.88
Capital Work in Progress
1,806.15
1,783.04
1,112.03
773.00
525.17
58.23
14.98
29.14
143.75
29.23
Non Current Investment
1,546.06
1,641.65
902.21
669.40
554.91
455.19
445.98
453.44
438.35
402.71
Long Term Loans & Adv.
1,078.00
866.59
685.53
587.95
845.75
239.90
199.48
96.72
124.26
89.70
Other Non Current Assets
293.33
27.21
28.04
12.32
9.03
7.25
10.22
9.99
11.87
9.65
Current Assets
17,312.51
16,605.86
14,393.69
15,111.73
11,994.84
4,118.53
3,826.30
3,780.60
3,773.35
3,792.50
Current Investments
1.12
4.50
344.25
300.70
70.66
0.58
2.53
0.40
0.47
0.97
Inventories
9,507.52
9,700.28
7,931.50
8,393.92
6,785.38
2,788.60
2,738.98
2,414.61
2,384.47
2,096.54
Sundry Debtors
3,085.62
3,107.01
2,836.85
3,657.82
3,859.72
933.89
705.19
919.38
906.81
889.52
Cash & Bank
2,934.03
2,269.87
1,988.11
930.81
256.28
116.32
68.66
45.22
62.98
51.41
Other Current Assets
1,784.22
352.50
368.44
536.72
1,022.80
279.14
310.94
400.99
418.62
754.06
Short Term Loans & Adv.
1,287.00
1,171.70
924.54
1,291.76
746.86
209.81
229.37
251.28
344.35
606.29
Net Current Assets
3,388.76
3,380.81
4,353.69
4,185.95
3,328.46
62.28
-771.77
-669.26
-564.29
-1,910.58
Total Assets
40,252.86
35,724.57
30,375.93
27,115.48
22,575.92
10,734.51
10,677.54
10,714.62
10,834.07
10,932.38

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
3,394.99
4,718.36
4,818.13
3,095.63
1,038.09
1,307.77
1,180.36
1,418.65
1,452.47
5,115.09
PBT
4,242.07
3,338.96
3,592.47
2,773.97
4,159.04
689.67
165.26
221.71
519.54
115.51
Adjustment
1,528.66
1,334.34
1,212.77
872.69
968.07
787.22
1,016.17
885.02
835.94
1,030.97
Changes in Working Capital
-1,399.26
663.45
750.14
202.64
-3,232.23
-180.58
-5.92
314.65
82.42
3,995.68
Cash after chg. in Working capital
4,371.47
5,336.75
5,555.38
3,849.30
1,894.88
1,296.31
1,175.51
1,421.38
1,437.90
5,142.16
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-976.48
-618.39
-737.25
-753.67
-856.79
11.46
4.85
-2.73
14.57
-27.07
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-3,505.62
-3,438.70
-3,340.16
-2,481.65
-985.27
-151.98
-187.78
-192.46
-193.24
-30.90
Net Fixed Assets
-1,936.35
-1,303.53
-1,206.89
-1,972.58
-3,966.81
-105.73
-198.88
-210.06
-159.81
-22.06
Net Investments
-1,894.46
-625.49
-1,632.52
-234.67
-445.97
-1.68
-2.69
-2.16
-3.45
0.41
Others
325.19
-1,509.68
-500.75
-274.40
3,427.51
-44.57
13.79
19.76
-29.98
-9.25
Cash from Financing Activity
-112.23
-1,882.39
-829.35
-386.25
101.48
-1,118.62
-990.77
-1,237.15
-1,257.25
-5,105.55
Net Cash Inflow / Outflow
-222.86
-602.73
648.62
227.73
154.30
37.17
1.81
-10.96
1.98
-21.36
Opening Cash & Equivalents
632.77
1,230.22
469.91
241.02
86.72
40.21
36.33
46.90
45.59
66.52
Closing Cash & Equivalent
405.91
631.05
1,235.42
469.91
241.02
77.37
40.21
36.33
46.90
45.59

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
239.28
202.17
174.25
144.89
131.25
64.68
55.77
52.72
50.09
43.51
ROA
8.34%
7.50%
9.31%
8.39%
18.67%
3.92%
0.75%
1.23%
3.03%
0.56%
ROE
17.51%
16.13%
20.50%
22.13%
61.89%
14.29%
3.07%
5.39%
15.93%
4.75%
ROCE
19.19%
18.25%
22.97%
20.97%
44.79%
18.02%
11.21%
11.81%
14.20%
9.08%
Fixed Asset Turnover
1.96
2.11
2.42
2.75
3.26
1.53
1.64
1.78
1.58
1.34
Receivable days
25.42
26.73
30.33
37.79
26.32
24.03
22.55
24.34
27.74
33.56
Inventory Days
78.85
79.30
76.24
76.31
52.58
81.04
71.54
63.95
69.20
73.72
Payable days
111.41
109.13
100.74
101.15
71.65
123.67
76.58
67.57
70.28
80.05
Cash Conversion Cycle
-7.14
-3.10
5.82
12.95
7.25
-18.60
17.51
20.72
26.66
27.23
Total Debt/Equity
0.37
0.38
0.41
0.32
0.57
1.00
1.44
1.74
2.09
3.39
Interest Cover
8.47
6.46
7.48
9.55
13.10
2.44
1.30
1.33
1.89
1.13

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • Jindal Stainless acquires additional 7% stake in SPV
    29th Oct 2026, 09:05 AM

    The project is expected to produce around 61.73 million units annually for captive consumption of the company

    Read More
  • Jindal Stainless - Quarterly Results
    23rd Oct 2026, 00:00 AM

    Read More
  • Jindal Stainless deploys 10 dedicated electric trucks for finished goods transportation
    15th Oct 2026, 10:50 AM

    The electric trucks will operate on routes connecting the company’s Jajpur plant with Kharagpur and Kolkata

    Read More
  • Jindal Stainless renews lubricants partnership with IOCL for five years
    5th Oct 2026, 12:59 PM

    The renewed partnership builds on the organisations’ broader engagement across lubricants and energy supplies

    Read More
  • Jindal Stainless deploys SAP Ariba Supplier Risk solution
    9th Sep 2026, 16:13 PM

    This initiative builds on the company's existing supplier risk assessment practices, transitioning from periodic, largely manual assessments to a digital-first model

    Read More
  • Jindal Stainless inks pact with JFE Steel Corporation for ferritic stainless steel grades
    7th Sep 2026, 12:59 PM

    The collaboration will focus on enhancing product quality, manufacturing practices, and process efficiency through technical assistance

    Read More
  • Jindal Stainless reports 8% rise in Q1 consolidated net profit
    3rd Aug 2026, 17:59 PM

    Consolidated total income of the company increased by 10.91% at Rs 11,396.93 crore for Q1FY27

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.