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NSE: JSL · Metal & Mining

Jindal Stainless Ltd.

705.00 1.12%
Open
713.10
High
714.00
Low
702.05
Prev close
712.95
Volume
2,76,256

Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →

What Jindal Stainless does

Jindal Stainless is India's largest stainless steel producer, with integrated facilities at Jajpur (Odisha) and Hisar (Haryana) following the merger of Jindal Stainless (Hisar) into the parent. It produces stainless flat products — slabs, hot and cold rolled coils, plates — plus specialty grades for railways, autos, ABC (architecture/building/construction), process industries and consumer durables. Revenue is driven by stainless volumes and the nickel-linked pricing cycle; imports from China/Indonesia are the key competitive pressure.

It is India's largest stainless steel maker and among the largest globally outside China.

Listing and classification

NSE symbol
JSL
ISIN
INE220G01021
Sector
Metal & Mining
Sub-sector
Stainless Steel
Market-cap tier
Mid Cap
Market-cap rank
#504

Jindal Stainless Ltd. is a constituent of NIFTY 500, NIFTY METAL, NIFTY MIDCAP 150. See where it sits on the market heatmap →

Financial ratios, as filed

Consolidated annual figures taken from Jindal Stainless Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).

Jindal Stainless Ltd. — key consolidated ratios by financial year
MetricFY26FY25FY24
EPS (basic, ₹)38.7630.4232.95
Book value / share (₹)241.30202.86174.56
Return on equity16.1%15.0%18.9%
Return on capital employed16.9%16.0%18.7%
Operating margin10.5%9.3%10.1%
Net margin7.4%6.4%7.0%
EBITDA₹5,577 Cr₹4,623 Cr₹4,757 Cr
Free cash flow₹737 Cr₹2,833 Cr₹3,343 Cr
Total debt₹7,342 Cr₹6,298 Cr₹5,948 Cr
Debt to equity0.370.380.41
Interest coverage8.06.07.0
Current ratio1.241.261.47
Shares outstanding82,39,50,00082,36,50,00082,34,50,000

Open the full income statement, balance sheet and cash flow for JSL

Shareholding pattern

As disclosed for the quarter ended 30 Jun 2026.

Promoter & group
62.05%
FII / FPI
20.45%
DII
7.35%
Public
37.92%

Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →

Peers in Stainless Steel

Companies Alphave classifies in the same sub-sector, closest by market capitalisation.

What this page will not tell you

Whether to buy it
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A forecast of next quarter
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Intraday precision
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