Jindal Stainless Limited

Metals & Mining · Ferrous Metals

NSE: JSL BSE: 532508

₹747.40

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Ferrous Metals

The largest companies in the same industry by market cap. This company ranks #5 of 27. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
JSW Steel Limited	306,513	42.7	24.2%	9.4%	—	56	21	31
Tata Steel Limited	230,071	13.5	10.5%	10.0%	—	51	87	49
JINDAL STEEL LIMITED	115,770	45.5	6.5%	6.6%	0.18%	52	38	33
Steel Authority of India Limited	74,965	17.9	5.6%	34.5%	1.29%	43	88	50
Jindal Stainless Limited (this stock)	61,617	21.9	16.0%	-2.0%	0.54%	67	37	34
Sarda Energy & Minerals Limited	17,524	19.9	14.8%	-9.7%	—	66	67	15
Vedanta Iron and Steel Limited	12,631	—	—	—	—	30	—	73
NMDC Steel Limited	12,109	133.3	-7.1%	-12.7%	—	29	63	31

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹65,920 Cr

EV / EBITDA

13.4x

EV / Sales

1.53x

Market cap / Sales

1.43x

Earnings yield

4.56%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 10,800 Cr, up 3.4% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 606 Cr, down 5.6% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	10,677	815	606	₹7.3500
March 31, 2026	10,826	1,115	892	₹10.8200
Dec. 31, 2025	10,632	891	666	₹8.0800
Sept. 30, 2025	10,881	867	644	₹7.8200
June 30, 2025	10,341	863	642	₹7.7900
March 31, 2025	10,786	1,107	925	₹11.2300
Dec. 31, 2024	10,066	832	619	₹7.5100
Sept. 30, 2024	9,746	793	589	₹7.1600
June 30, 2024	9,585	788	578	₹7.0200
March 31, 2024	9,521	636	476	₹5.7900
Dec. 31, 2023	9,088	975	779	₹9.4600
Sept. 30, 2023	9,720	822	609	₹7.4000
June 30, 2023	10,027	895	666	₹8.0800

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	10,800	10,951	10,738	10,980	10,444	11,145	10,203	9,828	9,645	9,582	9,318	9,754	10,072
Operating revenue	10,677	10,826	10,632	10,881	10,341	10,786	10,066	9,746	9,585	9,521	9,088	9,720	10,027
Other income	124	124	106	99	103	359	137	82	60	61	230	34	44
Operating expenses	9,648	9,715	9,529	9,821	9,293	9,895	9,062	8,739	8,580	8,693	8,067	8,651	8,910
Operating profit	1,028	1,111	1,103	1,060	1,048	890	1,003	1,007	1,004	827	1,021	1,070	1,118
Operating profit margin	9.6%	10.3%	10.4%	9.7%	10.1%	8.3%	10.0%	10.3%	10.5%	8.7%	11.2%	11.0%	11.1%
Depreciation	233	208	200	196	189	186	189	180	179	181	182	178	174
Interest	104	94	92	96	100	109	120	116	97	103	93	104	93
Exceptional items, gain / (loss)	—	182	-26	—	—	152	—	—	—	31	—	—	—
Profit before tax	815	1,115	891	867	863	1,107	832	793	788	636	975	822	895
Tax	209	224	226	223	221	182	213	204	210	159	196	213	230
Net profit	606	892	666	644	642	925	619	589	578	476	779	609	666
EPS	7.35	10.82	8.08	7.82	7.79	11.23	7.51	7.16	7.02	5.79	9.46	7.40	8.08
Net profit (TTM)	2,807	2,843	2,876	2,829	2,775	2,711	2,263	2,423	2,443	2,531	2,713	2,285	1,865
EPS (TTM)	34.07	34.51	34.92	34.35	33.69	32.92	27.48	29.43	29.67	30.73	32.94	30.16	26.36

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	42,680	3,737	2,843
March 31, 2025	40,182	3,519	2,711
March 31, 2024	38,356	3,328	2,531
March 31, 2023	35,030	2,704	2,014

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	7.1%	29.8%	43,112^†	40,821^†	38,725^†	35,119^†	20,366^†	11,721^†	12,356^†	12,642^†	11,009^†	8,961^†
Operating revenue	6.8%	29.6%	42,680	40,182	38,356	35,030	20,312^†	11,679^†	12,320^†	12,614^†	10,964^†	8,930^†
Other income	—	—	432^†	639^†	369^†	88^†	54^†	42^†	36^†	28^†	45^†	31^†
Operating expenses	—	—	38,358^†	36,276^†	34,320^†	23,790^†	17,521^†	10,283^†	11,145^†	11,478^†	9,683^†	—
Operating profit	-27.3%	25.4%	4,322^†	3,905^†	4,036^†	11,240^†	2,791^†	1,396^†	1,175^†	1,136^†	1,281^†	—
Operating profit margin	—	—	10.1%^†	9.7%^†	10.5%^†	32.1%^†	13.7%^†	12.0%^†	9.5%^†	9.0%^†	11.7%^†	—
Depreciation	—	—	793^†	735^†	715^†	440^†	358^†	373^†	409^†	335^†	304^†	—
Interest	—	—	382^†	442^†	393^†	297^†	317^†	464^†	567^†	614^†	541^†	770^†
Exceptional items, gain / (loss)	—	—	157^†	152^†	31^†	0^†	0^†	99^†	8^†	6^†	1^†	26^†
Profit before tax	11.4%	39.8%	3,737	3,519	3,328	2,704	2,170^†	700^†	243^†	221^†	483^†	109^†
Tax	—	—	894^†	808^†	797^†	518^†	496^†	272^†	90^†	82^†	165^†	38^†
Net profit	12.2%	46.0%	2,843	2,711	2,531	2,014	1,674^†	428^†	153^†	139^†	318^†	72^†
EPS	13.3%	31.5%	34.51^†	32.92^†	30.73^†	23.74^†	33.70^†	8.77^†	3.15^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	10.1%^†	9.7%^†	10.5%^†	32.1%^†	13.7%^†	12.0%^†	9.5%^†	9.0%^†	11.7%^†	—
EBIT margin	9.6%^†	9.9%^†	9.7%^†	8.6%^†	12.2%^†	10.0%^†	6.6%^†	6.6%^†	9.3%^†	9.8%^†
PBT margin	8.8%	8.8%	8.7%	7.7%	10.7%^†	6.0%^†	2.0%^†	1.7%^†	4.4%^†	1.2%^†
Net margin	6.7%	6.7%	6.6%	5.7%	8.2%^†	3.7%^†	1.2%^†	1.1%^†	2.9%^†	0.8%^†
Interest coverage	10.79x^†	8.97x^†	9.46x^†	10.10x^†	7.85x^†	2.51x^†	1.43x^†	1.36x^†	1.89x^†	1.14x^†
Dividend payout	8.7%^†	9.1%^†	11.4%^†	0.0%^†	0.0%^†	0.0%^†	0.0%^†	—	—	—
Earnings retention	91.3%^†	90.9%^†	88.6%^†	100.0%^†	100.0%^†	100.0%^†	100.0%^†	—	—	—
Current ratio	1.21x	1.21x	—	—	—	—	—	—	—	—
Quick ratio	0.55x	0.53x	—	—	—	—	—	—	—	—
Debt to equity	0.24x	0.27x	—	—	—	—	—	—	—	—
Return on equity	15.1%	16.7%	—	—	—	—	—	—	—	—
Return on assets	8.1%	8.2%	—	—	—	—	—	—	—	—
Return on capital employed	18.0%^†	19.3%^†	—	—	—	—	—	—	—	—
Asset turnover	1.22x	1.22x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	3,442	-3,226	-511	2,011	1,431
March 31, 2025	4,229	-4,505	-152	1,601	2,629
March 31, 2024	3,683	-2,831	-363	1,229	2,454
March 31, 2023	2,834	-2,367	-225	1,338	1,496
March 31, 2022	1,136	-774	-223	754	382

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	34,967	18,867	18,702	1,949	2,573	14,512	12,043	219	9,796	7,906
March 31, 2025	33,010	16,197	16,032	1,590	2,764	15,135	12,512	514	8,298	8,513
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.