Jindal Stainless Limited
JSL · 532508 · Commodities · Iron & Steel
- Market cap
- Rs 56,248 Cr
- P/E
- 16.85x
- P/B
- 2.65x
- 52W high / low
- Rs 884 / Rs 652.25
About Jindal Stainless
Jindal Stainless Limited is listed on the NSE under the symbol JSL and on the BSE under scrip code 532508. It is classified in the Commodities sector, industry: Iron & Steel. It is a constituent of BSE 200, NIFTY 500, NIFTY Metal and NIFTY Midcap 150. The company listed on 17 Nov 2003 and has a face value of Rs 2.
The latest available end-of-day price is Rs 682.45 (+0.04% on the day), for a market capitalisation of Rs 56,248 Cr. Trailing P/E is 16.85x and price-to-book is 2.65x. The 52-week range is Rs 652.25 to Rs 884. The latest price is 13% of the way from the 52-week low to the 52-week high.
Against the 10-company comparison set from the official BSE basic industry Iron & Steel, its market capitalisation is 4.1 times the peer median of Rs 13,773 Cr, and its P/E of 16.85x compares with a peer median of 16.21x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), Jindal Stainless Limited reported revenue of Rs 42,955 Cr and net profit of Rs 3,185 Cr, with a net margin of 7.41% and earnings per share of Rs 38.76 (consolidated statements).
Year-on-year change: revenue +9.35%; net profit +27.40%; EPS +27.42%. Three-year compound annual growth rate: revenue +6.53%; net profit +15.18%.
At the same date the balance sheet shows total assets of Rs 40,704 Cr, shareholders' equity of Rs 19,791 Cr, total debt of Rs 7,342 Cr, cash of Rs 415 Cr, a debt-to-equity ratio of 0.37 and operating cash flow of Rs 3,395 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 46,007 Cr, net income of Rs 3,328 Cr and a net margin of 7.23%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, Jindal Stainless Limited's ownership is split: promoters 62.55%; foreign institutional investors (FIIs) 20.07%; domestic institutional investors (DIIs) 7.74%; retail and other shareholders 9.61%.
Compared with the filing for 30 Jun 2026: promoter holding +0.50 percentage points; FII holding −0.38 percentage points; DII holding +0.39 percentage points.
The same filing lists reported promoter pledge of 0.60% and 2,03,646 shareholders on record.
Recent filings and corporate actions
169 BSE corporate announcements were filed by Jindal Stainless Limited in the past twelve months; the most frequent category is "Company Update" (111). The most recent is "Disclosure under Regulation 30 of SEBI LODR Regulations, 2015." (Company Update), filed on 28 Oct 2026.
The disclosed corporate-action timeline lists 8 entries: dividend (8). The latest is a dividend (Final Dividend - Rs. - 3.0000) with ex-date 21 Aug 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
More
Peer comparison
Official BSE basic industry: Iron & Steel. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| JSW Steel Limited | Rs 1,255.4 | Rs 3,06,318 Cr | Rs 2,00,800 Cr | Rs 31,708 Cr | 10.78x | 31.68% |
| Tata Steel Limited | Rs 169.46 | Rs 2,11,391 Cr | Rs 2,41,102 Cr | Rs 11,264 Cr | 19.15x | 11.41% |
| JINDAL STEEL LIMITED | Rs 1,060 | Rs 1,07,908 Cr | Rs 61,725 Cr | Rs 2,844 Cr | 37.79x | 5.82% |
| Steel Authority of India Limited | Rs 161 | Rs 66,502 Cr | Rs 1,12,072 Cr | Rs 4,272 Cr | 15.57x | 7.16% |
| Jindal Stainless LimitedThis company | Rs 682.45 | Rs 56,248 Cr | Rs 46,452 Cr | Rs 3,328 Cr | 16.85x | 18.29% |
| Sarda Energy & Minerals Limited | Rs 458 | Rs 16,140 Cr | Rs 5,931 Cr | Rs 1,151 Cr | 14.29x | 16.55% |
| NMDC Steel Limited | Rs 38.92 | Rs 11,406 Cr | Rs 14,047 Cr | Rs 83.7 Cr | — | 0.64% |
| Vedanta Iron and Steel Limited | Rs 25.29 | Rs 9,888 Cr | — | — | — | — |
| Sandur Manganese & Iron Ores Limited | Rs 168.1 | Rs 8,171 Cr | Rs 5,402 Cr | Rs 719 Cr | 11.40x | 24.51% |
| Jai Balaji Industries Limited | Rs 63.87 | Rs 5,827 Cr | Rs 5,852 Cr | Rs 293 Cr | 19.90x | 16.14% |
| Median | Rs 164.55 | Rs 13,773 Cr | Rs 14,047 Cr | Rs 1,151 Cr | 16.21x | 16.14% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to Jindal Stainless
Same official industry (Iron & Steel)
- JSW Steel LimitedJSWSTEEL · Market cap Rs 3,06,318 Cr
- Tata Steel LimitedTATASTEEL · Market cap Rs 2,11,391 Cr
- JINDAL STEEL LIMITEDJINDALSTEL · Market cap Rs 1,07,908 Cr
- Steel Authority of India LimitedSAIL · Market cap Rs 66,502 Cr
- Sarda Energy & Minerals LimitedSARDAEN · Market cap Rs 16,140 Cr
- NMDC Steel LimitedNSLNISP · Market cap Rs 11,406 Cr
- Vedanta Iron and Steel LimitedVISL · Market cap Rs 9,888 Cr
- Sandur Manganese & Iron Ores LimitedSANDUMA · Market cap Rs 8,171 Cr
Other Commodities companies of a similar market capitalisation
- SRF LimitedSRF · Market cap Rs 69,914 Cr
- National Aluminium Company LimitedNATIONALUM · Market cap Rs 59,415 Cr
- NMDC LimitedNMDC · Market cap Rs 59,380 Cr
- Coromandel International LimitedCOROMANDEL · Market cap Rs 50,734 Cr
- Linde India LimitedLINDEINDIA · Market cap Rs 48,765 Cr
- Gujarat Fluorochemicals LimitedFLUOROCHEM · Market cap Rs 47,082 Cr
- UPL LimitedUPL · Market cap Rs 45,795 Cr
- Fertilizers and Chemicals Travancore LimitedFACT · Market cap Rs 44,548 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.