About
Jindal Stainless Limited manufactures and sells stainless-steel flat products in India and internationally. The company provides ferro alloys, stainless steel slabs and blooms, hot rolled coils, plates and sheets, and cold rolled coils and sheets, as well as razor-blade steel, precision strips, and long products. It serves automobile, railway and transport, process and engineering, consumer durables, and architecture building construction sectors. Jindal Stainless Limited was founded in 1970 and is based in New Delhi, India.
Key Metrics
as of Sep 2026Market Cap60,879 Cr
P/E18.50
Div Yield0.54 %
Book Value₹240.00
52w High₹884.00
52w Low₹652.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,677.00 | 10,826.00 | 10,632.00 | 10,881.00 | 10,341.00 | 10,786.00 | 10,066.00 | 9,746.00 | 9,585.00 | 9,521.00 | 9,088.00 | 9,720.00 | 10,027.00 |
| Expenses | 9,648.00 | 9,715.00 | 9,529.00 | 9,821.00 | 9,293.00 | 9,895.00 | 9,062.00 | 8,739.00 | 8,580.00 | 8,693.00 | 8,067.00 | 8,651.00 | 8,910.00 |
| Operating Profit | 1,028.00 | 1,111.00 | 1,103.00 | 1,060.00 | 1,048.00 | 890.00 | 1,003.00 | 1,007.00 | 1,004.00 | 827.00 | 1,021.00 | 1,070.00 | 1,118.00 |
| OPM % | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 8.00 | 10.00 | 10.00 | 10.00 | 9.00 | 11.00 | 11.00 | 11.00 |
| Other Income | 124.00 | 307.00 | 80.00 | 99.00 | 103.00 | 511.00 | 137.00 | 82.00 | 60.00 | 92.00 | 230.00 | 34.00 | 44.00 |
| Depreciation | 233.00 | 208.00 | 200.00 | 196.00 | 189.00 | 186.00 | 189.00 | 180.00 | 179.00 | 181.00 | 182.00 | 178.00 | 174.00 |
| Interest | 104.00 | 94.00 | 92.00 | 96.00 | 100.00 | 109.00 | 120.00 | 116.00 | 97.00 | 103.00 | 93.00 | 104.00 | 93.00 |
| Profit before tax | 815.00 | 1,115.00 | 891.00 | 867.00 | 863.00 | 1,107.00 | 832.00 | 793.00 | 788.00 | 636.00 | 975.00 | 822.00 | 895.00 |
| Tax % | 26.00 | 20.00 | 25.00 | 26.00 | 26.00 | 16.00 | 26.00 | 26.00 | 27.00 | 25.00 | 20.00 | 26.00 | 26.00 |
| Net Profit | 606.00 | 892.00 | 666.00 | 644.00 | 642.00 | 925.00 | 619.00 | 589.00 | 578.00 | 476.00 | 779.00 | 609.00 | 666.00 |
| EPS in Rs | 7.35 | 10.81 | 8.08 | 7.81 | 7.79 | 11.23 | 7.51 | 7.16 | 7.02 | 5.79 | 9.46 | 7.40 | 8.08 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 42,680.00 | 40,182.00 | 38,356.00 | 35,030.00 | 32,292.00 | 11,679.00 | 12,320.00 | 12,585.00 | 10,785.00 | 8,311.00 | 6,528.00 | 5,996.00 |
| Expenses | 38,445.00 | 36,444.00 | 34,510.00 | 31,463.00 | 27,572.00 | 10,283.00 | 11,145.00 | 11,449.00 | 9,500.00 | 7,205.00 | 6,007.00 | 5,692.00 |
| Operating Profit | 4,236.00 | 3,738.00 | 3,846.00 | 3,567.00 | 4,720.00 | 1,396.00 | 1,175.00 | 1,136.00 | 1,284.00 | 1,107.00 | 521.00 | 304.00 |
| OPM % | 10.00 | 9.00 | 10.00 | 10.00 | 15.00 | 12.00 | 10.00 | 9.00 | 12.00 | 13.00 | 8.00 | 5.00 |
| Other Income | 675.00 | 958.00 | 591.00 | 106.00 | 64.00 | 142.00 | 45.00 | 34.00 | 44.00 | 52.00 | -8.00 | 1,226.00 |
| Interest | 382.00 | 442.00 | 393.00 | 295.00 | 312.00 | 464.00 | 567.00 | 614.00 | 541.00 | 762.00 | 1,006.00 | 916.00 |
| Depreciation | 793.00 | 735.00 | 715.00 | 675.00 | 704.00 | 373.00 | 409.00 | 335.00 | 304.00 | 308.00 | 298.00 | 393.00 |
| Profit before tax | 3,737.00 | 3,519.00 | 3,328.00 | 2,704.00 | 3,767.00 | 700.00 | 244.00 | 221.00 | 483.00 | 89.00 | -792.00 | 222.00 |
| Tax % | 24.00 | 23.00 | 24.00 | 26.00 | 26.00 | 39.00 | 37.00 | 37.00 | 34.00 | 34.00 | -29.00 | -1.00 |
| Net Profit | 2,843.00 | 2,711.00 | 2,531.00 | 2,014.00 | 2,790.00 | 428.00 | 153.00 | 139.00 | 318.00 | 58.00 | -559.00 | 223.00 |
| EPS in Rs | 34.48 | 32.91 | 30.73 | 24.46 | 53.09 | 8.78 | 3.14 | 2.90 | 6.64 | 1.46 | -24.18 | 9.85 |
| Dividend Payout % | 12.00 | 9.00 | 10.00 | 10.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 165.00 | 165.00 | 165.00 | 165.00 | 105.00 | 97.00 | 97.00 | 96.00 | 96.00 | 80.00 | 46.00 | 45.00 |
| Reserves | 18,702.00 | 16,032.00 | 13,535.00 | 11,292.00 | 9,341.00 | 3,055.00 | 2,560.00 | 2,379.00 | 2,256.00 | 1,661.00 | 1,590.00 | -218.00 |
| Borrowings | 4,599.00 | 4,444.00 | 3,886.00 | 3,562.00 | 3,479.00 | 2,899.00 | 3,655.00 | 4,118.00 | 4,729.00 | 5,628.00 | 10,037.00 | 10,890.00 |
| Other Liabilities | 11,501.00 | 12,369.00 | 9,932.00 | 11,096.00 | 8,409.00 | 4,213.00 | 3,796.00 | 3,429.00 | 3,084.00 | 2,902.00 | 2,654.00 | 2,813.00 |
| Total Liabilities | 34,967.00 | 33,010.00 | 27,518.00 | 26,115.00 | 21,334.00 | 10,265.00 | 10,108.00 | 10,021.00 | 10,164.00 | 10,271.00 | 14,328.00 | 13,530.00 |
| Fixed Assets | 10,904.00 | 9,488.00 | 9,542.00 | 9,455.00 | 8,160.00 | 5,679.00 | 5,969.00 | 6,143.00 | 6,143.00 | 6,392.00 | 6,645.00 | 7,394.00 |
| CWIP | 1,407.00 | 1,621.00 | 957.00 | 520.00 | 502.00 | 55.00 | 12.00 | 26.00 | 142.00 | 30.00 | 54.00 | 137.00 |
| Investments | 5,324.00 | 3,430.00 | 2,804.00 | 1,172.00 | 937.00 | 491.00 | 489.00 | 487.00 | 485.00 | 481.00 | 482.00 | 103.00 |
| Other Assets | 17,332.00 | 18,471.00 | 14,214.00 | 14,968.00 | 11,735.00 | 4,040.00 | 3,638.00 | 3,366.00 | 3,394.00 | 3,368.00 | 7,147.00 | 5,895.00 |
| Total Assets | 34,967.00 | 33,010.00 | 27,518.00 | 26,115.00 | 21,334.00 | 10,265.00 | 10,108.00 | 10,021.00 | 10,164.00 | 10,271.00 | 14,328.00 | 13,530.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3,442.00 | 4,229.00 | 3,683.00 | 2,834.00 | 1,111.00 | 1,295.00 | 1,123.00 | 1,353.00 | 1,427.00 | 5,182.00 | 766.00 | 421.00 |
| Cash from Investing Activity | -3,226.00 | -4,505.00 | -2,831.00 | -2,367.00 | -923.00 | -154.00 | -162.00 | -172.00 | -184.00 | -5.00 | 1,050.00 | 20.00 |
| Cash from Financing Activity | -511.00 | -152.00 | -363.00 | -225.00 | -38.00 | -1,107.00 | -951.00 | -1,196.00 | -1,258.00 | -5,198.00 | -1,787.00 | -449.00 |
| Net Cash Flow | -295.00 | -428.00 | 490.00 | 242.00 | 151.00 | 34.00 | 10.00 | -15.00 | -15.00 | -22.00 | 29.00 | -8.00 |
| Free Cash Flow | 1,432.00 | 2,637.00 | 2,464.00 | 1,503.00 | 203.00 | 1,128.00 | 974.00 | 1,168.00 | 1,250.00 | 5,152.00 | 610.00 | 428.00 |
| CFO/OP % | 103.00 | 127.00 | 114.00 | 99.00 | 40.00 | 92.00 | 96.00 | 119.00 | 108.00 | 470.00 | 147.00 | 133.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 28.00 | 35.00 | 29.00 | 40.00 | 44.00 | 31.00 | 23.00 | 24.00 | 28.00 | 35.00 | 51.00 | 58.00 |
| Inventory Days | 100.00 | 113.00 | 102.00 | 117.00 | 100.00 | 121.00 | 106.00 | 88.00 | 107.00 | 129.00 | 146.00 | 152.00 |
| Days Payable | 102.00 | 121.00 | 95.00 | 117.00 | 95.00 | 122.00 | 110.00 | 100.00 | 103.00 | 121.00 | 147.00 | 116.00 |
| Cash Conversion Cycle | 26.00 | 27.00 | 36.00 | 39.00 | 49.00 | 30.00 | 18.00 | 13.00 | 32.00 | 44.00 | 50.00 | 94.00 |
| Working Capital Days | 0.00 | 6.00 | 18.00 | 30.00 | 31.00 | 1.00 | -20.00 | -18.00 | -19.00 | -82.00 | 88.00 | 39.00 |
| ROCE % | 18.00 | 20.00 | 23.00 | 21.00 | 43.00 | 17.00 | 12.00 | 12.00 | 14.00 | 9.00 | 2.00 | -1.00 |
Corporate Actions
30 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 21 Aug 2026 | 21 Aug 2026 | — | 3.00 | |
| Dividend | 29 Jan 2026 | 29 Jan 2026 | — | 1.00 | |
| Dividend | 22 Aug 2025 | 22 Aug 2025 | — | 2.00 | |
| Dividend | 07 Feb 2025 | 08 Feb 2025 | — | 1.00 | |
| Other | 03 Sep 2024 | — | — | — | Annual General Meeting |
| Dividend | 30 Aug 2024 | 30 Aug 2024 | — | 2.00 | |
| Dividend | 27 Oct 2023 | 28 Oct 2023 | — | 1.00 | |
| Dividend | 15 Sep 2023 | — | — | 1.50 | |
| Dividend | 28 Apr 2023 | 28 Apr 2023 | — | 1.00 | |
| Other | 21 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 08 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 13 Aug 2020 | — | — | — | Annual General Meeting |
| Other | 21 Aug 2019 | — | — | — | Annual General Meeting |
| Other | 12 Sep 2018 | — | — | — | Annual General Meeting |
| Other | 13 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 15 Dec 2016 | — | — | — | Annual General Meeting |
| Other | 11 Dec 2015 | — | — | — | Annual General Meeting |
| Other | 19 Nov 2015 | 21 Nov 2015 | — | — | Spin Off |
| Other | 19 Nov 2015 | 21 Nov 2015 | — | — | Composite Scheme Of Arrangement |
| Other | 08 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2013 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2012 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2011 | — | — | — | Annual General Meeting |
| Other | 12 Jul 2010 | — | — | — | Annual General Meeting |
| Other | 20 Aug 2009 | — | — | — | Annual General Meeting |
| Dividend | 13 Aug 2008 | — | — | 2.00 | |
| Dividend | 02 Aug 2007 | — | — | 0.40 | |
| Dividend | 29 Mar 2007 | 31 Mar 2007 | — | 1.60 | |
| Dividend | 07 Sep 2006 | — | — | 1.60 | |
| Other | 20 Sep 2005 | — | — | — | Agm Bc End Date Revised |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update25 Aug from care
-
Rating update20 Mar from crisil
-
Rating update6 Jan from fitch
-
Rating update9 Oct 2025 from care
-
Rating update21 Mar 2025 from crisil
-
Rating update12 Mar 2025 from care
Conference Calls
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript