Jindal Stainless Ltd. (JSL) fundamentals

Jindal Stainless Ltd. is a listed company in Ferrous Metals, part of the Metals & Mining sector, listed on the NSE as JSL (ISIN INE220G01021). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Jindal Stainless Ltd. does

Jindal Stainless Limited is a stainless-steel manufacturer. It is engaged in the manufacturing of stainless-steel flat products in austenitic, ferritic, martensitic and duplex grades. Its products include slabs, blooms, hot rolled (HR) coils, cold rolled (CR) coils, plates and specialty products. Blooms, as semi-finished stainless-steel products, are created using smaller mold sizes. CR produces smooth sheets and strips with precise dimensions and improved surface finishes. Plates are produced by continuously casting slabs, which are then hot rolled after undergoing annealing and pickling. Specialty Product Division serves the precision and specialty stainless steel needs of customers in India and abroad. These include coin blanks, blade steel and precision strips. HR primarily involves deforming the slab/bloom at high temperature and roll pressure. Its subsidiaries include PT. Jindal Stainless Indonesia, Evergreat International Investment Pte Ltd, Jindal Stainless FZE and others.

Valuation and market data

Last close₹756.10
Market capitalisation₹62,122 crore
Enterprise value₹68,541 crore
P/E (TTM)19.51
Price to book3.12
Price to sales (TTM)0.82
Book value per share₹241.99
Dividend yield52.90%
SectorMetals & Mining
IndustryFerrous Metals
Listed sinceMon Nov 17

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹43,199 crore₹3,737 crore₹2,843 crore34.51
Mar 2025₹40,989 crore₹3,519 crore₹2,711 crore32.92
Mar 2024₹38,915 crore₹3,328 crore₹2,531 crore30.73
Mar 2023₹35,137 crore₹2,704 crore₹2,014 crore24.46
Mar 2022₹32,355 crore₹3,767 crore₹2,790 crore35.07

Figures are as reported (standalone), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters62.0%
Foreign institutions (FII)20.4%
Mutual funds3.5%
Other domestic institutions3.9%
Retail and others10.2%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.