Jindal Stainless Ltd
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]
- Market Cap ₹ 61,790 Cr.
- Current Price ₹ 750
- High / Low ₹ 884 / 633
- Stock P/E 19.1
- Book Value ₹ 240
- Dividend Yield 0.40 %
- ROCE 19.3 %
- ROE 17.8 %
- Face Value ₹ 2.00
Pros
- Promoter holding has increased by 0.82% over last quarter.
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Metals & Mining Ferrous Metals Iron & Steel
Part of BSE 500 BSE 200 BSE Dollex 200 Nifty 500 BSE Metal
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6,933 | 7,144 | 9,279 | 11,638 | 13,557 | 12,951 | 12,188 | 32,733 | 35,697 | 38,562 | 39,312 | 42,955 | |
| 6,564 | 6,571 | 8,113 | 10,294 | 12,392 | 11,819 | 10,764 | 27,642 | 32,111 | 34,052 | 34,844 | 37,394 | |
| Operating Profit | 368 | 573 | 1,166 | 1,343 | 1,165 | 1,132 | 1,424 | 5,090 | 3,586 | 4,511 | 4,469 | 5,560 |
| OPM % | 5% | 8% | 13% | 12% | 9% | 9% | 12% | 16% | 10% | 12% | 11% | 13% |
| 1,238 | -14 | 63 | 62 | 45 | 44 | 148 | 171 | 236 | 515 | 438 | 310 | |
| Interest | 942 | 1,030 | 788 | 566 | 637 | 586 | 480 | 344 | 325 | 554 | 612 | 568 |
| Depreciation | 411 | 316 | 325 | 320 | 352 | 425 | 403 | 759 | 724 | 879 | 956 | 1,060 |
| Profit before tax | 253 | -788 | 116 | 520 | 222 | 165 | 690 | 4,159 | 2,774 | 3,592 | 3,339 | 4,242 |
| Tax % | 0% | -29% | 28% | 34% | 35% | 56% | 39% | 25% | 25% | 25% | 25% | 25% |
| 253 | -556 | 83 | 346 | 145 | 73 | 419 | 3,109 | 2,084 | 2,693 | 2,500 | 3,185 | |
| EPS in Rs | 11.17 | -24.05 | 2.04 | 7.16 | 2.97 | 1.46 | 8.60 | 58.59 | 25.68 | 32.95 | 30.41 | 38.74 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 9% | 10% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 29% |
| 3 Years: | 6% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 55% |
| 3 Years: | 15% |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 46% |
| 5 Years: | 52% |
| 3 Years: | 36% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 21% |
| 3 Years: | 18% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 45 | 46 | 80 | 96 | 96 | 97 | 97 | 105 | 165 | 165 | 165 | 165 |
| Reserves | -214 | 1,666 | 1,734 | 2,369 | 2,495 | 2,620 | 3,108 | 9,718 | 11,766 | 14,193 | 16,523 | 19,626 |
| 11,289 | 10,347 | 5,888 | 5,015 | 4,388 | 3,903 | 3,230 | 4,007 | 3,958 | 6,052 | 6,402 | 7,460 | |
| 2,898 | 2,798 | 3,208 | 3,354 | 3,736 | 4,057 | 4,300 | 8,746 | 11,226 | 10,355 | 12,827 | 13,452 | |
| Total Liabilities | 14,018 | 14,858 | 10,909 | 10,834 | 10,715 | 10,678 | 10,735 | 22,576 | 27,115 | 30,765 | 35,917 | 40,704 |
| 7,552 | 6,863 | 6,609 | 6,342 | 6,345 | 6,181 | 5,855 | 8,646 | 9,961 | 13,254 | 14,800 | 18,233 | |
| CWIP | 144 | 70 | 29 | 144 | 29 | 15 | 58 | 525 | 773 | 1,112 | 1,783 | 1,790 |
| Investments | 14 | 393 | 404 | 439 | 454 | 449 | 456 | 626 | 970 | 1,246 | 1,646 | 1,547 |
| 6,308 | 7,532 | 3,868 | 3,909 | 3,887 | 4,033 | 4,365 | 12,779 | 15,411 | 15,152 | 17,688 | 19,133 | |
| Total Assets | 14,018 | 14,858 | 10,909 | 10,834 | 10,715 | 10,678 | 10,735 | 22,576 | 27,115 | 30,765 | 35,917 | 40,704 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 554 | 966 | 5,115 | 1,452 | 1,419 | 1,180 | 1,308 | 1,038 | 3,096 | 4,818 | 4,718 | 3,395 | |
| -1 | 1,053 | -30 | -194 | -192 | -186 | -152 | -985 | -2,480 | -3,229 | -3,433 | -3,506 | |
| -580 | -1,972 | -5,106 | -1,257 | -1,237 | -991 | -1,119 | 101 | -386 | -829 | -1,882 | -112 | |
| Net Cash Flow | -28 | 47 | -21 | 1 | -11 | 4 | 37 | 154 | 229 | 760 | -597 | -223 |
| Free Cash Flow | 556 | 798 | 5,057 | 1,258 | 1,213 | 1,006 | 1,145 | 70 | 1,448 | 3,367 | 2,890 | 755 |
| CFO/OP | 139% | 166% | 441% | 107% | 122% | 104% | 91% | 37% | 107% | 123% | 119% | 79% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57 | 48 | 35 | 28 | 25 | 20 | 28 | 43 | 37 | 27 | 29 | 26 |
| Inventory Days | 147 | 154 | 133 | 116 | 96 | 117 | 130 | 116 | 125 | 108 | 132 | 122 |
| Days Payable | 104 | 143 | 119 | 104 | 99 | 113 | 123 | 98 | 117 | 95 | 124 | 106 |
| Cash Conversion Cycle | 101 | 59 | 50 | 41 | 22 | 23 | 35 | 61 | 46 | 41 | 36 | 42 |
| Working Capital Days | 29 | 75 | -77 | -20 | -19 | -24 | -2 | 33 | 30 | 23 | 12 | 5 |
| ROCE % | -0% | 2% | 9% | 14% | 12% | 11% | 16% | 44% | 21% | 22% | 18% | 19% |
Insights
In beta| Mar 2015 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| EBITDA per Tonne (Consolidated) INR |
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| Annual Sales Volume (Standalone) Million Tonnes ・Standalone data |
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| Installed Melt Capacity Million Tonnes Per Annum |
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| Capacity Utilization (Crude Steel) % |
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| Number of Service Centers (Domestic) Number |
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| Sales Mix (Series 300) % |
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Extracted by Screener AI
Documents
Announcements
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Intimation Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 - Corporate Presentation.
1d - Jindal Stainless released its May 2026 corporate presentation covering operations, capacities, market outlook and financial highlights.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 May - Jindal Stainless to participate in Motilal Oswal Annual Singapore Corporate Day on May 18-19, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 May - Schedule of Investors'' Meet to be held on May 18, 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 May - Hisar unit हासिल Zero Waste to Landfill Platinum+ certification with 99.99% waste diversion in FY25.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
9 May - Earnings Call Transcripts of Investor Meet held on May 05, 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Concalls
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May 2026Transcript PPT REC
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Jan 2026Transcript PPT REC
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Jan 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Oct 2024Transcript PPT
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Dec 2023TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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May 2021TranscriptAI SummaryPPT
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May 2021TranscriptAI SummaryPPT
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Feb 2020Transcript PPT
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Dec 2019TranscriptAI SummaryPPT
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May 2019TranscriptAI SummaryPPT
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Nov 2018TranscriptAI SummaryPPT
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Products and Applications
The Co is the largest manufacturer of stainless steel in 200, 300, 400 and duplex stainless steel series. The product range includes Ferro Alloys, Steel Slabs, Hot Rolled Coils, Cold Rolled Coils, Steel Plates etc. [1]
Applications:
Architecture,Building & Construction - Roofing, Cladding, Paneling
Automobile and Transport - Exhaust, Brakes, Fuel Tanks
Railway - Coaches, Wagons, Metro
Consumer Durables - Kitchen applications, bathroom accessories
Process industry - Boilers, Water tanks, Pumps for the food and chemical industry [2] [3]