WEBSITE BSE:532508 NSE: JSL Inc. Year: 1980 Industry: Steel & Iron Products
Last updated: 10:04
Jindal Stainless Ltd is engaged inside the commercial enterprise of manufacturing of stainless steel flat merchandise in austenitic, ferritic, martensitic and duplex grades. Its product range includes hot rolled coils, plates, ferro alloys, stainless steel slabs, and sheets, and cold rolled coils and sheets. Its applications consist of structure, buildings, and construction, automotive and transport, railway, consumer durables, process industry, plumbing, coin blanks, nuclear programs, and precision strip and blade metallic. It offers a range o...Read More
Jindal Stainless Ltd is engaged inside the commercial enterprise of manufacturing of stainless steel flat merchandise in austenitic, ferritic, martensitic and duplex grades. Its product range includes hot rolled coils, plates, ferro alloys, stainless steel slabs, and sheets, and cold rolled coils and sheets. Its applications consist of structure, buildings, and construction, automotive and transport, railway, consumer durables, process industry, plumbing, coin blanks, nuclear programs, and precision strip and blade metallic. It offers a range of stainless-steel merchandise in two hundred series, three hundred series, four hundred series, and duplex chrome steel grades. It is also engaged in the improvement of stainless-steel e rickshaw, food grade chrome steel, stainless-steel fuel tanks, and exhaust systems in industrial motors, stainless steel bus body, railway coaches and wagons, and special finishes. It operates a steel plant at Jajpur, Odisha, with a capacity of 1.1 million tons per annum. ...Read Less
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Market Cap ₹65038 Cr.
Stock P/E 26
P/B 3.4
Current Price ₹788.9
Book Value ₹ 229.3
Face Value 2
52W High ₹883.3
Dividend Yield 0.38%
52W Low ₹ 497
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 9797 | 9127 | 9454 | 9430 | 9777 | 9907 | 10198 | 10207 | 10893 | 10518 |
| Other Income | 32 | 39 | 55 | 51 | 47 | 99 | 94 | 69 | 90 | 102 |
| Total Income | 9829 | 9166 | 9509 | 9481 | 9824 | 10006 | 10292 | 10276 | 10982 | 10620 |
| Total Expenditure | 8566 | 7881 | 8419 | 8218 | 8590 | 8700 | 9137 | 8897 | 9505 | 9110 |
| Operating Profit | 1263 | 1285 | 1090 | 1262 | 1234 | 1307 | 1155 | 1379 | 1478 | 1510 |
| Interest | 156 | 146 | 153 | 143 | 159 | 161 | 150 | 144 | 141 | 134 |
| Depreciation | 222 | 236 | 233 | 232 | 241 | 242 | 241 | 252 | 262 | 269 |
| Exceptional Income / Expenses | 101 | 0 | -2 | 0 | 0 | 0 | -7 | 0 | 17 | -30 |
| Profit Before Tax | 986 | 904 | 702 | 887 | 834 | 905 | 757 | 983 | 1092 | 1077 |
| Provision for Tax | 229 | 226 | 201 | 240 | 225 | 236 | 139 | 254 | 271 | 255 |
| Profit After Tax | 757 | 678 | 501 | 648 | 609 | 669 | 618 | 728 | 822 | 823 |
| Adjustments | 18 | 14 | 0 | 1 | 2 | -14 | -27 | -14 | -15 | 6 |
| Profit After Adjustments | 774 | 692 | 501 | 648 | 611 | 655 | 591 | 714 | 807 | 829 |
| Adjusted Earnings Per Share | 9.4 | 8.4 | 6.1 | 7.9 | 7.4 | 8 | 7.2 | 8.7 | 9.8 | 10.1 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 6948 | 7144 | 9279 | 11638 | 13557 | 12951 | 12188 | 32733 | 35697 | 38562 | 39312 | 41816 |
| Other Income | 55 | 26 | 26 | 45 | 33 | 40 | 41 | 331 | 197 | 363 | 445 | 355 |
| Total Income | 7003 | 7170 | 9304 | 11683 | 13590 | 12991 | 12229 | 33064 | 35894 | 38925 | 39757 | 42170 |
| Total Expenditure | 6581 | 6571 | 8113 | 10297 | 12393 | 11811 | 10764 | 27903 | 32182 | 34052 | 34800 | 36649 |
| Operating Profit | 423 | 599 | 1191 | 1385 | 1197 | 1179 | 1465 | 5161 | 3712 | 4873 | 4957 | 5522 |
| Interest | 942 | 1030 | 788 | 566 | 637 | 586 | 480 | 344 | 325 | 554 | 612 | 569 |
| Depreciation | 411 | 316 | 325 | 320 | 352 | 425 | 403 | 759 | 724 | 879 | 956 | 1024 |
| Exceptional Income / Expenses | 1184 | -40 | 26 | 4 | 1 | 4 | 102 | 0 | 0 | 99 | -7 | -20 |
| Profit Before Tax | 253 | -788 | 116 | 520 | 222 | 165 | 690 | 4159 | 2774 | 3592 | 3339 | 3909 |
| Provision for Tax | 0 | -232 | 32 | 174 | 77 | 93 | 270 | 1050 | 690 | 899 | 839 | 919 |
| Profit After Tax | 253 | -556 | 83 | 346 | 145 | 73 | 419 | 3109 | 2084 | 2693 | 2500 | 2991 |
| Adjustments | -0 | 0 | -1 | -3 | -3 | -1 | -0 | -31 | 31 | 20 | 5 | -50 |
| Profit After Adjustments | 253 | -556 | 82 | 343 | 142 | 71 | 419 | 3079 | 2115 | 2713 | 2505 | 2941 |
| Adjusted Earnings Per Share | 11.2 | -24.1 | 2 | 7.2 | 3 | 1.5 | 8.6 | 58.6 | 25.7 | 32.9 | 30.4 | 35.8 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 2% | 6% | 25% | 19% |
| Operating Profit CAGR | 2% | -1% | 33% | 28% |
| PAT CAGR | -7% | -7% | 103% | 26% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 25% | 44% | 60% | 43% |
| ROE Average | 16% | 20% | 27% | 6% |
| ROCE Average | 18% | 21% | 25% | 17% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 199 | 1712 | 1814 | 2465 | 2591 | 2717 | 3205 | 9823 | 11931 | 14358 | 16688 |
| Minority's Interest | 4 | 5 | 6 | 9 | 12 | 13 | 13 | 67 | 36 | 17 | 20 |
| Borrowings | 8070 | 7323 | 3382 | 3551 | 3153 | 2716 | 2593 | 2630 | 2792 | 4563 | 4320 |
| Other Non-Current Liabilities | 340 | -71 | 27 | 471 | 510 | 634 | 867 | 1390 | 1430 | 1784 | 1646 |
| Total Current Liabilities | 5662 | 5862 | 5703 | 4338 | 4450 | 4598 | 4056 | 8666 | 10926 | 10040 | 13225 |
| Total Liabilities | 14274 | 14831 | 10932 | 10834 | 10715 | 10678 | 10735 | 22576 | 27115 | 30765 | 35917 |
| Fixed Assets | 7552 | 6863 | 6609 | 6342 | 6345 | 6181 | 5855 | 8646 | 9961 | 13244 | 14790 |
| Other Non-Current Assets | 457 | 565 | 531 | 718 | 589 | 671 | 761 | 1935 | 2043 | 2738 | 4329 |
| Total Current Assets | 6266 | 7403 | 3793 | 3773 | 3781 | 3826 | 4119 | 11995 | 15112 | 14394 | 16606 |
| Total Assets | 14274 | 14831 | 10932 | 10834 | 10715 | 10678 | 10735 | 22576 | 27115 | 30765 | 35917 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 76 | 20 | 67 | 46 | 47 | 36 | 40 | 87 | 241 | 470 | 1235 |
| Cash Flow from Operating Activities | 554 | 966 | 5115 | 1452 | 1419 | 1180 | 1308 | 1038 | 3096 | 4818 | 4718 |
| Cash Flow from Investing Activities | 24 | 1053 | -31 | -193 | -192 | -188 | -152 | -985 | -2482 | -3340 | -3439 |
| Cash Flow from Financing Activities | -580 | -1972 | -5106 | -1257 | -1237 | -991 | -1119 | 101 | -386 | -829 | -1882 |
| Net Cash Inflow / Outflow | -2 | 47 | -21 | 2 | -11 | 2 | 37 | 154 | 228 | 649 | -603 |
| Closing Cash & Cash Equivalent | 48 | 67 | 46 | 47 | 36 | 40 | 77 | 241 | 470 | 1235 | 635 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 11.17 | -24.05 | 2.04 | 7.16 | 2.97 | 1.46 | 8.6 | 58.59 | 25.68 | 32.95 | 30.42 |
| CEPS(Rs) | 29.34 | -10.38 | 10.22 | 13.89 | 10.36 | 10.22 | 16.88 | 73.62 | 34.1 | 43.38 | 41.96 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.5 | 3 | 3 |
| Book NAV/Share(Rs) | -7.62 | 55.27 | 43.51 | 50.09 | 52.72 | 55.77 | 64.68 | 131.25 | 144.89 | 174.25 | 202.17 |
| Core EBITDA Margin(%) | 4.97 | 7.49 | 11.74 | 11.34 | 8.5 | 8.67 | 11.44 | 14.53 | 9.68 | 11.54 | 11.12 |
| EBIT Margin(%) | 16.16 | 3.17 | 9.1 | 9.19 | 6.27 | 5.71 | 9.4 | 13.55 | 8.54 | 10.61 | 9.74 |
| Pre Tax Margin(%) | 3.42 | -10.3 | 1.16 | 4.4 | 1.62 | 1.26 | 5.54 | 12.52 | 7.64 | 9.19 | 8.23 |
| PAT Margin (%) | 3.42 | -7.28 | 0.84 | 2.92 | 1.06 | 0.55 | 3.37 | 9.36 | 5.74 | 6.89 | 6.16 |
| Cash Profit Margin (%) | 8.98 | -3.14 | 4.11 | 5.63 | 3.63 | 3.79 | 6.61 | 11.64 | 7.73 | 9.14 | 8.52 |
| ROA(%) | 1.64 | -3.82 | 0.64 | 3.17 | 1.35 | 0.68 | 3.92 | 18.67 | 8.39 | 9.31 | 7.5 |
| ROE(%) | 0 | -100.62 | 5.51 | 16.7 | 5.89 | 2.77 | 14.29 | 61.89 | 22.13 | 20.5 | 16.13 |
| ROCE(%) | 10.19 | 2.06 | 9.2 | 14.41 | 11.98 | 11.09 | 18.02 | 44.79 | 20.97 | 22.97 | 18.25 |
| Receivable days | 68.58 | 48.23 | 33.56 | 27.74 | 24.34 | 22.55 | 24.03 | 26.32 | 37.79 | 30.33 | 26.73 |
| Inventory Days | 139.69 | 92.41 | 73.72 | 69.2 | 63.95 | 71.54 | 81.04 | 52.58 | 76.31 | 76.24 | 79.3 |
| Payable days | 162.24 | 127.24 | 115.93 | 97.25 | 91.91 | 109.52 | 123.67 | 71.65 | 101.15 | 100.74 | 109.13 |
| PER(x) | 3.12 | 0 | 34.84 | 10.95 | 13.65 | 16.4 | 7.85 | 3.46 | 11.28 | 21.08 | 19.12 |
| Price/Book(x) | -4.58 | 0.3 | 1.64 | 1.56 | 0.77 | 0.43 | 1.04 | 1.54 | 2 | 3.99 | 2.88 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.86 | 0.43 | 0.52 |
| EV/Net Sales(x) | 1.73 | 1.49 | 0.94 | 0.75 | 0.46 | 0.39 | 0.52 | 0.44 | 0.75 | 1.59 | 1.32 |
| EV/Core EBITDA(x) | 28.47 | 17.79 | 7.28 | 6.28 | 5.25 | 4.24 | 4.32 | 2.77 | 7.22 | 12.55 | 10.47 |
| Net Sales Growth(%) | -46.01 | 2.82 | 29.89 | 25.42 | 16.49 | -4.47 | -5.89 | 168.55 | 9.06 | 8.03 | 1.94 |
| EBIT Growth(%) | 1401.83 | -79.73 | 272.76 | 20.17 | -20.91 | -12.55 | 55.8 | 284.93 | -31.18 | 33.83 | -4.73 |
| PAT Growth(%) | 118.52 | -319.71 | 114.93 | 316.06 | -58 | -49.96 | 477.61 | 641.28 | -32.98 | 29.26 | -7.19 |
| EPS Growth(%) | 117.58 | -315.35 | 108.49 | 250.48 | -58.49 | -50.74 | 487.83 | 580.94 | -56.17 | 28.31 | -7.69 |
| Debt/Equity(x) | -65.84 | 8.1 | 3.39 | 2.09 | 1.74 | 1.44 | 1 | 0.57 | 0.32 | 0.41 | 0.38 |
| Current Ratio(x) | 1.11 | 1.26 | 0.66 | 0.87 | 0.85 | 0.83 | 1.02 | 1.38 | 1.38 | 1.43 | 1.26 |
| Quick Ratio(x) | 0.76 | 0.94 | 0.3 | 0.32 | 0.31 | 0.24 | 0.33 | 0.6 | 0.61 | 0.64 | 0.52 |
| Interest Cover(x) | 1.27 | 0.24 | 1.15 | 1.92 | 1.35 | 1.28 | 2.44 | 13.1 | 9.55 | 7.48 | 6.46 |
| Total Debt/Mcap(x) | 14.29 | 26.64 | 2.07 | 1.34 | 2.26 | 3.34 | 0.96 | 0.37 | 0.16 | 0.1 | 0.13 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 57.94 | 58.69 | 60.49 | 60.49 | 60.49 | 60.71 | 60.88 | 61.1 | 61.23 | 61.23 |
| FII | 23.37 | 22.56 | 20.83 | 22.49 | 22.78 | 22.16 | 21.37 | 21.25 | 21.42 | 21.53 |
| DII | 5.42 | 5.81 | 6.63 | 6.25 | 5.87 | 6.28 | 6.92 | 7.09 | 7.08 | 7.23 |
| Public | 12.67 | 12.95 | 12.05 | 10.77 | 10.86 | 10.86 | 10.83 | 10.56 | 10.27 | 10.02 |
| Others | 0.59 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 47.71 | 48.32 | 49.81 | 49.81 | 49.81 | 50.01 | 50.15 | 50.33 | 50.48 | 50.48 |
| FII | 19.24 | 18.57 | 17.15 | 18.52 | 18.76 | 18.26 | 17.61 | 17.51 | 17.66 | 17.75 |
| DII | 4.46 | 4.79 | 5.46 | 5.15 | 4.84 | 5.17 | 5.7 | 5.84 | 5.84 | 5.96 |
| Public | 10.43 | 10.66 | 9.92 | 8.87 | 8.94 | 8.94 | 8.92 | 8.7 | 8.47 | 8.26 |
| Others | 0.49 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 82.34 | 82.34 | 82.34 | 82.34 | 82.34 | 82.38 | 82.38 | 82.38 | 82.44 | 82.44 |
* The pros and cons are machine generated.
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