What is Jindal Stainless Ltd's market cap?

Jindal Stainless Ltd (JSL) has a market capitalization of ₹56,885 Cr.

What sector is JSL in?

Jindal Stainless Ltd operates in the Metals — Ferrous & Non-Ferrous sector.

What is JSL's return on equity?

Jindal Stainless Ltd has a return on equity (ROE) of 16.1%.

Loading company...

Analyzing...

Jindal Stainless Ltd (JSL) — Analysis, Financials, Intelligence | The Stock Filter

The Organism · Company Intelligence

Jindal Stainless Ltd

JSL|BSE: 532508

Metals — Ferrous & Non-FerrousMetals & Miningwww.jindalstainless.com

—

—|MCap ₹56,885 Cr

Promoter: 0.0%

PE 35.6xMedian PE 16.1xPB 4.1x

Secular Currents

Theme Connections

Clean Energy Capital Goods Cycle Green Buildings

About the Company

Profile

Jindal Stainless Ltd. operates as a holding company, which engages in the provision of stainless steel flat product. The company is headquartered in New Delhi, Delhi and currently employs 4,688 full-time employees. The company went IPO on 2003-11-17. The company is focused on manufacturing stainless steel in India. The company offers a range of stainless-steel products in 200 series, 300 series, 400 series and duplex stainless-steel grades. Its products include slabs, hot rolled coils, cold rolled coils, plates and grades. The company offers its services to the applications, such as architecture, buildings, and construction, automotive and transport, railway, consumer durables, process industry, plumbing, coin blanks, nuclear applications and precision strip and blade steel. The company operates a stainless-steel plant at Jaipur, Odisha with a capacity of 1.1 million tons per annum spread across approximately 800 acres. The company has a diverse product portfolio comprising approximately 120 grades and a distribution network with service centers in the domestic and international markets. The Company, through its subsidiary, Jindal United Steel Limited, operates Hot Strip Mill, located in Jajpur, Odisha.

Intelligence Profile

TSF Score

65/100

The Vitals · Company Health

Health Indicators

Shenanigan Score

5Clean

Trust Score

X-Ray

Concerns

No significant concerns identified

Watch

Nothing flagged for monitoring

Strengths

🟢Strong return on equity (16.1%)Business
🟢Efficient capital deployment (ROCE: 18.0%)Business
🟢Low leverage (D/E: 0.37x)Business
🟢Consistent dividend payerOpportunity

The Numbers · Key Metrics

PE Ratio

35.6x

ROE

16.1%

Revenue Growth 3yr

6.5%

Debt/Equity

0.37x

₹56,252 Cr

The Narrator · StoryTel Intelligence

FY2026Metals — Ferrous & Non-FerrousProduct Sales ModelModel:Revenue = Production Volume × Average Realization per Ton

Key Insight

“Operates in Metals — Ferrous & Non-Ferrous.”

The Revenue Story

₹42,955 Cr revenue.

Total Income₹43,306 Cr

Revenue₹42,955 Cr(99.2% of Total Income)

Other Income₹351 Cr(0.8% of Total Income)

The Cost Story

COGS 66.4%, employees 2.3%.

Cogs₹28,511 Cr(63.5%)

Other Expenses₹7,878 Cr(17.5%)

EBITDA₹5,929 Cr(13.2%)

Depreciation₹1,060 Cr(2.4%)

Employee₹989 Cr(2.2%)

Finance Costs₹568 Cr(1.3%)

0.1%EBITDA Margin

Cogs

63.5%

Other Expenses

17.5%

EBITDA

13.2%

Depreciation

2.4%

Employee

2.2%

Finance Costs

1.3%

Key Metrics

ROE

16.1%

vs median 7.8%

ROCE

18.0%

vs median 11.4%

Net Margin

7.4%

vs median 3.6%

EBITDA Margin

13.6%

vs median 8.7%

Debt To Equity

0.37x

vs median 0.27x

Rev Growth 3yr

6.5%

vs median 6.5%

EPS Growth 3yr

14.7%

vs median 10.0%

Forward View · Management Guidance

GUIDANCEQ3FY26High Impact

“next call, we'll be providing the guidance of FY '27.”

GUIDANCEQ3FY26High Impact

“extremely confident of meeting those numbers.”

FINANCIALQ3FY26— Tarun KulpeHigh Impact

“Net debt reduced to INR3,431 cr with net debt to EBITDA at 0.67x, net debt to equity at 0.18x”

The Context · Where does it sit?

Sector Context

The Canopy · Sector KPIs

Sector KPIs

Metals — Ferrous & Non-Ferrous

KPI	Company	Sector Median
ROE	16.1%▲	7.8%
ROCE	18.0%▲	11.4%
Net Margin	7.4%▲	3.6%
EBITDA Margin	13.6%▲	8.7%
Debt To Equity	0.37x▲	0.27x
Rev Growth 3yr	6.5%	6.5%
EPS Growth 3yr	14.7%▲	10.0%

The Market · What is the market saying?

Market Signals

The Antenna · Media Intelligence

Media Signal

Low Impact

7d+0.25→30d+0.25

Based on 2 articles (2 in last 7 days)

The Numbers · Show me the data

Financials

Revenue₹42,955 Cr

PBT₹4,242 Cr

EPS₹38.74

(₹ Cr)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue	₹42,955 Cr +9.3%	₹39,312 Cr +1.9%	₹38,562 Cr +8.0%	₹35,697 Cr +68.2%	₹21,223 Cr +74.1%	₹12,188 Cr -5.9%	₹12,951 Cr -4.5%	₹13,557 Cr
Other Income	₹351 Cr +20.8%	₹291 Cr +72.0%	₹169 Cr +33.9%	₹126 Cr +126.2%	₹56 Cr +36.5%	₹41 Cr +2.5%	₹40 Cr +22.3%	₹33 Cr
Total Income	₹43,306 Cr +9.4%	₹39,603 Cr +2.3%	₹38,732 Cr +8.1%	₹35,823 Cr +68.3%	₹21,279 Cr +74.0%	₹12,229 Cr -5.9%	₹12,991 Cr -4.4%	₹13,590 Cr
COGS	₹28,511 Cr +6.1%	₹26,866 Cr +0.6%	₹26,715 Cr +9.2%	₹24,472 Cr +68.5%	₹14,526 Cr +86.0%	₹7,809 Cr -9.0%	₹8,578 Cr -6.5%	₹9,175 Cr
	₹39,006 Cr +7.6%	₹36,257 Cr +2.9%	₹35,238 Cr +6.6%	₹33,049 Cr +75.4%	₹18,837 Cr +61.8%	₹11,642 Cr -9.2%	₹12,822 Cr -4.2%	₹13,381 Cr
Profit Before Tax	₹4,242 Cr +27.0%	₹3,339 Cr -7.1%	₹3,592 Cr +29.5%	₹2,774 Cr +13.6%	₹2,442 Cr +254.1%	₹690 Cr +298.4%	₹173 Cr -21.9%	₹222 Cr
Exceptional Items	(₹58 Cr) -726.3%	(₹7 Cr) ↓ Decline	₹99 Cr	₹0.00 Cr	₹0.00 Cr -100.0%	₹102 Cr	₹4 Cr -65.6%	₹13 Cr
	₹1,058 Cr +26.0%	₹839 Cr -6.6%	₹899 Cr +30.3%	₹690 Cr +29.5%	₹533 Cr +97.3%	₹270 Cr +191.7%	₹93 Cr +20.9%	₹77 Cr
Net Profit	₹3,185 Cr +27.4%	₹2,500 Cr -7.2%	₹2,693 Cr +29.3%	₹2,084 Cr +9.2%	₹1,909 Cr +355.1%	₹419 Cr +477.6%	₹73 Cr -50.0%	₹145 Cr
Profit (Owners)	₹3,193 Cr +27.5%	₹2,505 Cr -7.7%	₹2,713 Cr +28.3%	₹2,115 Cr +12.4%	₹1,881 Cr +348.7%	₹419 Cr +487.8%	₹71 Cr -49.9%	₹142 Cr
Minority Interest	(₹9 Cr) -62.0%	(₹5 Cr) +72.2%	(₹20 Cr) +35.7%	(₹31 Cr) ↓ Decline	₹28 Cr	₹0.23 Cr -82.3%	₹1 Cr -52.4%	₹3 Cr
Other Comprehensive Income	₹102 Cr +172.3%	₹37 Cr ↑ Recovery	(₹8 Cr) -22.7%	(₹6 Cr) +34.2%	(₹10 Cr) ↓ Decline	₹4 Cr -51.1%	₹7 Cr ↑ Recovery	(₹2 Cr)
EPS	₹38.74	₹30.41	₹32.95	₹25.68	₹35.80	₹8.60	₹1.46	₹2.97
Diluted Shares	₹82 Cr	₹82 Cr	₹82 Cr	₹82 Cr	₹53 Cr	₹49 Cr	₹49 Cr	₹48 Cr