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532508

JSL

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JINDAL STAINLESS LIMITED performance

Today’s low

Today’s high

₹ 696.85 ₹ 711.50
₹ 707.00

52 week low

52 week high

₹ 496.60 ₹ 848.00
₹ 707.00

Open Price

₹ 709.80

Prev. Close

₹ 707.00

Volume (Shares)

744732.00

Total traded value

₹ 5265.25

Upper Circuit

₹ 777.70

Lower Circuit

₹ 636.30

info

JINDAL STAINLESS LIMITED Share Price Update

As of the latest trading session, JINDAL STAINLESS LIMITED share price is currently at ₹ 707, which is up by ₹ 0.00 from its previous closing. Today, the stock has fluctuated between ₹ 696.85 and ₹ 711.50. Over the past year, JINDAL STAINLESS LIMITED has achieved a return of -13.09 %. In the last month alone, the return has been 9.36 %. Read More...

Investment Returns

Over 1 Month 9.36% Over 3 Months 22.29% Over 6 Months 2.64% Over 1 Year -13.09%
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JINDAL STAINLESS LIMITED fundamentals


  • Market cap (Cr)

    58,240.50

  • P/E Ratio (TTM)

    21.44

  • Beta

    1.17

  • Book Value / share

    196.61

  • Return on equity

    20.12%

  • EPS (TTM)

    31.49

  • Dividend yield

    0.43%

  • Net profit/quarter (Cr)

    924.94

info icon alternate text
  • Market cap (Cr)

    58,199.30

  • P/E Ratio (TTM)

    21.44

  • Beta

    1.06

  • Book Value / share

    196.61

  • Return on equity

    20.12%

  • EPS (TTM)

    31.49

  • Dividend yield

    0.43%

  • Net profit/quarter (Cr)

    924.94

info icon alternate text

JINDAL STAINLESS LIMITED Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars MAR 2025 (Values in Cr)
Revenue 10785.53
Operating Expense 10189.92
Net Profit 924.94
Net Profit Margin (%) 8.57
Earnings Per Share (EPS) 11.23
EBITDA 1401.44
Effective Tax Rate (%) 16.41
Particulars DEC 2024 (Values in Cr)
Revenue 10065.60
Operating Expense 9371.23
Net Profit 618.64
Net Profit Margin (%) 6.14
Earnings Per Share (EPS) 7.51
EBITDA 1140.55
Effective Tax Rate (%) 25.60
Particulars SEP 2024 (Values in Cr)
Revenue 9745.65
Operating Expense 9035.26
Net Profit 589.29
Net Profit Margin (%) 6.04
Earnings Per Share (EPS) 7.16
EBITDA 1089.35
Effective Tax Rate (%) 25.67
Particulars JUN 2024 (Values in Cr)
Revenue 9584.90
Operating Expense 8856.82
Net Profit 578.32
Net Profit Margin (%) 6.03
Earnings Per Share (EPS) 7.02
EBITDA 1064.58
Effective Tax Rate (%) 26.63
Particulars MAR 2024 (Values in Cr)
Revenue 9520.74
Operating Expense 8977.60
Net Profit 476.36
Net Profit Margin (%) 5.00
Earnings Per Share (EPS) 5.79
EBITDA 919.66
Effective Tax Rate (%) 25.04
Particulars MAR 2025 (Values in Cr)
Revenue 40181.68
Operating Expense 37453.23
Net Profit 2711.19
Net Profit Margin (%) 6.74
Earnings Per Share (EPS) 32.92
EBITDA 4695.93
Effective Tax Rate (%) 22.95
Particulars MAR 2024 (Values in Cr)
Revenue 38356.00
Operating Expense 35428.83
Net Profit 2530.69
Net Profit Margin (%) 6.59
Earnings Per Share (EPS) 30.73
EBITDA 4436.29
Effective Tax Rate (%) 23.95
Particulars MAR 2023 (Values in Cr)
Revenue 35030.35
Operating Expense 32433.07
Net Profit 2014.00
Net Profit Margin (%) 5.74
Earnings Per Share (EPS) 24.46
EBITDA 3673.18
Effective Tax Rate (%) 25.50
Particulars MAR 2022 (Values in Cr)
Revenue 32291.77
Operating Expense 28588.01
Net Profit 2789.97
Net Profit Margin (%) 8.63
Earnings Per Share (EPS) 35.07
EBITDA 4783.23
Effective Tax Rate (%) 25.94
Particulars MAR 2021 (Values in Cr)
Revenue 11679.14
Operating Expense 11120.41
Net Profit 427.92
Net Profit Margin (%) 3.66
Earnings Per Share (EPS) 8.78
EBITDA 1537.54
Effective Tax Rate (%) 38.90
Particulars MAR 2024 (Values in Cr)
Book Value / Share 174.36
ROE % 20.49
ROCE % 22.23
Total Debt to Total Equity 0.38
EBITDA Margin 13.03
Particulars MAR 2023 (Values in Cr)
Book Value / Share 144.89
ROE % 19.16
ROCE % 20.22
Total Debt to Total Equity 0.37
EBITDA Margin 10.71
Particulars MAR 2022 (Values in Cr)
Book Value / Share 131.25
ROE % 47.73
ROCE % 42.81
Total Debt to Total Equity 0.56
EBITDA Margin 16.08
Particulars MAR 2021 (Values in Cr)
Book Value / Share 64.68
ROE % 12.05
ROCE % 15.42
Total Debt to Total Equity 1.20
EBITDA Margin 12.06
Particulars MAR 2020 (Values in Cr)
Book Value / Share 55.77
ROE % 2.77
ROCE % 10.46
Total Debt to Total Equity 1.28
EBITDA Margin 9.08
Particulars MAR 2024 (Values in Cr)
Book Value / Share 166.37
ROE % 20.12
ROCE % 22.16
Total Debt to Total Equity 0.30
EBITDA Margin 11.57
Particulars MAR 2023 (Values in Cr)
Book Value / Share 139.13
ROE % 19.27
ROCE % 20.79
Total Debt to Total Equity 0.34
EBITDA Margin 10.49
Particulars MAR 2022 (Values in Cr)
Book Value / Share 124.08
ROE % 44.29
ROCE % 41.20
Total Debt to Total Equity 0.51
EBITDA Margin 14.81
Particulars MAR 2021 (Values in Cr)
Book Value / Share 63.60
ROE % 12.63
ROCE % 16.12
Total Debt to Total Equity 1.14
EBITDA Margin 12.31
Particulars MAR 2020 (Values in Cr)
Book Value / Share 54.54
ROE % 5.96
ROCE % 11.84
Total Debt to Total Equity 1.21
EBITDA Margin 9.90
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 1988.11
Total Assets 30817.25
Total Liabilities 30817.25
Total Equity 14374.53
Share Outstanding 823434588
Price to Book Ratio 4.17
Return on Assets (%) 8.80
Return on Capital (%) 13.35
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 930.81
Total Assets 27115.48
Total Liabilities 27115.48
Total Equity 11967.57
Share Outstanding 823434588
Price to Book Ratio 2.08
Return on Assets (%) 7.79
Return on Capital (%) 13.35
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 256.28
Total Assets 22584.18
Total Liabilities 22584.18
Total Equity 9890.13
Share Outstanding 525495468
Price to Book Ratio 1.63
Return on Assets (%) 13.63
Return on Capital (%) 22.29
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 116.32
Total Assets 10734.51
Total Liabilities 10734.51
Total Equity 3218.38
Share Outstanding 487234600
Price to Book Ratio 1.06
Return on Assets (%) 3.90
Return on Capital (%) 6.58
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 68.66
Total Assets 10677.54
Total Liabilities 10677.54
Total Equity 2730.26
Share Outstanding 487234600
Price to Book Ratio 0.44
Return on Assets (%) 0.66
Return on Capital (%) 1.17
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 1377.63
Total Assets 27517.65
Total Liabilities 27517.65
Total Equity 13699.99
Share Outstanding 823434588
Price to Book Ratio 4.17
Return on Assets (%) 9.19
Return on Capital (%) 14.46
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 898.12
Total Assets 26114.97
Total Liabilities 26114.97
Total Equity 11456.89
Share Outstanding 823434588
Price to Book Ratio 2.08
Return on Assets (%) 7.71
Return on Capital (%) 13.47
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 220.40
Total Assets 21334.17
Total Liabilities 21334.17
Total Equity 9446.38
Share Outstanding 525495468
Price to Book Ratio 1.63
Return on Assets (%) 13.07
Return on Capital (%) 21.72
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 89.20
Total Assets 10264.67
Total Liabilities 10264.67
Total Equity 3152.78
Share Outstanding 487234600
Price to Book Ratio 1.06
Return on Assets (%) 4.16
Return on Capital (%) 7.07
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 44.38
Total Assets 10107.96
Total Liabilities 10107.96
Total Equity 2657.32
Share Outstanding 487234600
Price to Book Ratio 0.44
Return on Assets (%) 1.51
Return on Capital (%) 2.65
Particulars MAR 2024 (Values in Cr)
Net Income 3592.47
Cash from Operations 5555.38
Cash from Investing -3340.16
Cash from Financing -829.35
Net change in Cash 648.62
Free Cash Flow 7030.29
Particulars MAR 2023 (Values in Cr)
Net Income 2773.97
Cash from Operations 3849.30
Cash from Investing -2481.65
Cash from Financing -386.25
Net change in Cash 227.73
Free Cash Flow 5505.01
Particulars MAR 2022 (Values in Cr)
Net Income 4159.04
Cash from Operations 1894.88
Cash from Investing -985.27
Cash from Financing 101.48
Net change in Cash 154.30
Free Cash Flow 2865.99
Particulars MAR 2021 (Values in Cr)
Net Income 689.67
Cash from Operations 1296.31
Cash from Investing -151.98
Cash from Financing -1118.64
Net change in Cash 37.15
Free Cash Flow 1464.06
Particulars MAR 2020 (Values in Cr)
Net Income 165.26
Cash from Operations 1175.51
Cash from Investing -187.78
Cash from Financing -990.77
Net change in Cash 1.81
Free Cash Flow 1372.33
Particulars MAR 2024 (Values in Cr)
Net Income 3327.75
Cash from Operations 4395.84
Cash from Investing -2830.59
Cash from Financing -362.61
Net change in Cash 490.04
Free Cash Flow 5624.73
Particulars MAR 2023 (Values in Cr)
Net Income 2703.52
Cash from Operations 3522.91
Cash from Investing -2366.67
Cash from Financing -224.62
Net change in Cash 242.29
Free Cash Flow 4860.91
Particulars MAR 2022 (Values in Cr)
Net Income 3767.42
Cash from Operations 1910.10
Cash from Investing -922.80
Cash from Financing -37.66
Net change in Cash 150.78
Free Cash Flow 2821.04
Particulars MAR 2021 (Values in Cr)
Net Income 700.42
Cash from Operations 1284.05
Cash from Investing -153.65
Cash from Financing -1106.64
Net change in Cash 34.32
Free Cash Flow 1454.48
Particulars MAR 2020 (Values in Cr)
Net Income 244.36
Cash from Operations 1124.27
Cash from Investing -162.03
Cash from Financing -950.97
Net change in Cash 10.04
Free Cash Flow 1294.90
Company Name Price P/E P/B Market Cap 52 Week Low/High
KALYANI STEELS LIMITED 931.35 15.87 2.14 4065.63 667.15 / 1278.90
MUKAND LTD. 141.55 26.96 2.15 2045.33 84.64 / 188.80
SURYA ROSHNI LTD 347.70 21.83 3.06 7567.20 205.30 / 371.30
TATA STEEL LIMITED 159.75 55.86 2.22 199424.35 122.60 / 178.15
Company Name Price P/E P/B Market Cap 52 Week Low/High
KALYANI STEELS LIMITED 931.35 16.07 2.13 4065.63 667.15 / 1278.90
MUKAND LTD. 141.55 23.51 2.13 2045.33 84.64 / 188.80
ORISSA SPONGE IRON & STEEL LTD 219.40 0.00 -3.51 653.59 0.00 / 0.00
PRAKASH INDUSTRIES LTD 162.55 8.19 0.87 2910.98 132.50 / 237.25

JINDAL STAINLESS LIMITED Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
707.00 0.26 redarrow
red-green-graph indicator
0 Bearish
16 Bullish
  • 5 Days 691.80
  • 26 Days 676.30
  • 10 Days 688.30
  • 50 Days 657.60
  • 12 Days 687.40
  • 100 Days 647.70
  • 20 Days 681.80
  • 200 Days 650.70
701.82 PIVOT

First Support

694.83

First Resistance

712.08

Second Support

684.57

Second Resistance

719.07

Third Support

677.58

Third Resistance

729.33

RSI

59.53

ADX

33.29

MACD

11.11

Williams % R

-35.61

Commodity Channel Index (CCI)

43.87

Date

2025-06-30

Week

680929.00

Same Day

765917.00

Month

574175.00

1 Year

1.17

3 Year

0.98

Over 1 Month

9.36%

down

Over 1 Year

-13.09%

down

Over 3 Months

22.29%

down

Over 3 Years

91.88%

down

Over 6 Months

2.64%

down

Over 5 Years

76.98%

down

JINDAL STAINLESS LIMITED shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
10.82%
Promoter Holdings
60.88%
FII
21.37%
DII
6.91%
Promoter Shares(Pledge Percentage)
0.0%
Name Shares Category
Jsl Overseas Holding Ltd 1.31479175E8 (15.96%) Shareholding of Promoter and Promoter Group
Jsl Overseas Ltd 1.01267813E8 (12.29%) Shareholding of Promoter and Promoter Group
Virtuous Tradecorp Private Limited 6.1068022E7 (7.41%) Shareholding of Promoter and Promoter Group
Elm Papark Fund Limited 3.9573242E7 (4.8%) Public Shareholding
Sun Investments Pvt Ltd 2.7425501E7 (3.33%) Shareholding of Promoter and Promoter Group
Savitri Devi Jindal 2.5451621E7 (3.09%) Shareholding of Promoter and Promoter Group
Albula Investment Fund Ltd 2.347805E7 (2.85%) Public Shareholding
Jindal Equipment Leasing And Consultancy Services Limited 1.6919888E7 (2.05%) Shareholding of Promoter and Promoter Group
Jindal Strips Limited 1.5676566E7 (1.9%) Shareholding of Promoter and Promoter Group
Hexa Securities And Finance Co Ltd 1.4546967E7 (1.77%) Shareholding of Promoter and Promoter Group
Vrindavan Services Private Limited 1.459278E7 (1.77%) Shareholding of Promoter and Promoter Group
Jsl Limited 1.397085E7 (1.7%) Shareholding of Promoter and Promoter Group
Mansarover Tradex Limited 1.120177E7 (1.36%) Shareholding of Promoter and Promoter Group
Life Insurance Corporation Of India 1.0236646E7 (1.24%) Public Shareholding
Icici Prudential Mutual Fund 1.0166599E7 (1.23%) Public Shareholding
Siddeshwari Tradex Private Limited 8129876.0 (0.99%) Shareholding of Promoter and Promoter Group
Gagan Trading Company Pvt Limited 7240171.0 (0.88%) Shareholding of Promoter and Promoter Group
Colorado Trading Co Pvt Ltd 6121044.0 (0.74%) Shareholding of Promoter and Promoter Group
Nalwa Investments Limited 5035975.0 (0.61%) Shareholding of Promoter and Promoter Group
Jindal Infrastructure And Utilities Limited 4630509.0 (0.56%) Shareholding of Promoter and Promoter Group
Stainless Investments Limited 4256541.0 (0.52%) Shareholding of Promoter and Promoter Group
Ever Plus Securities And Finance Limited 3415614.0 (0.41%) Shareholding of Promoter and Promoter Group
Deepika Jindal 3051053.0 (0.37%) Shareholding of Promoter and Promoter Group
Manjula Finances Ltd 2985636.0 (0.36%) Shareholding of Promoter and Promoter Group
Jindal Rex Exploration Private Limited 2742704.0 (0.33%) Shareholding of Promoter and Promoter Group
Renuka Financial Services Pvt Ltd 2615529.0 (0.32%) Shareholding of Promoter and Promoter Group
Goswamis Credits & Investments Private Limited 2589496.0 (0.31%) Shareholding of Promoter and Promoter Group
Abhinandan Tradex Limited 2393483.0 (0.29%) Shareholding of Promoter and Promoter Group
Nalwa Engineering Co Ltd 2204506.0 (0.27%) Shareholding of Promoter and Promoter Group
Pankaj Continental Pvt Ltd 1989220.0 (0.24%) Shareholding of Promoter and Promoter Group
Urvi Jindal 1916746.0 (0.23%) Shareholding of Promoter and Promoter Group
Jsw Holdings Limited 1359124.0 (0.16%) Shareholding of Promoter and Promoter Group
Meredith Traders Private Limited 1245521.0 (0.15%) Shareholding of Promoter and Promoter Group
Pacific Metallic Trading Co. Pvt. Ltd. 1163031.0 (0.14%) Shareholding of Promoter and Promoter Group
Nalwa Sons Investments Limited 1026438.0 (0.12%) Shareholding of Promoter and Promoter Group
Naveen Jindal Huf 318187.0 (0.04%) Shareholding of Promoter and Promoter Group
Sangita Jindal 279242.0 (0.03%) Shareholding of Promoter and Promoter Group
Prj Family Management Company Private Limited (as A Trustee Of Prj Holdings Pvt. Trust) 134770.0 (0.02%) Shareholding of Promoter and Promoter Group
Sarika Jhunjhnuwala 196339.0 (0.02%) Shareholding of Promoter and Promoter Group
Sminu Jindal 129432.0 (0.02%) Shareholding of Promoter and Promoter Group
P R Jindal Huf . 171956.0 (0.02%) Shareholding of Promoter and Promoter Group
Parth Jindal 81347.0 (0.01%) Shareholding of Promoter and Promoter Group
S K Jindal And Sons Huf . 98324.0 (0.01%) Shareholding of Promoter and Promoter Group
Abhyuday Jindal 65431.0 (0.01%) Shareholding of Promoter and Promoter Group
Rohit Tower Building Ltd 92040.0 (0.01%) Shareholding of Promoter and Promoter Group
Prithavi Raj Jindal 0.0 (0.0%) Shareholding of Promoter and Promoter Group
Ratan Jindal 0.0 (0.0%) Shareholding of Promoter and Promoter Group
Sajjan Jindal (as A Trustee For Parth Jindal Family Trust) 295.0 (0.0%) Shareholding of Promoter and Promoter Group
Sajjan Jindal (as A Trustee For Tanvi Jindal Family Trust) 295.0 (0.0%) Shareholding of Promoter and Promoter Group
Sajjan Jindal (as A Trustee For Tarini Jindal Family Trust) 295.0 (0.0%) Shareholding of Promoter and Promoter Group
Sajjan Jindal (as A Trustee For Sangita Jindal Family Trust) 295.0 (0.0%) Shareholding of Promoter and Promoter Group
Sajjan Jindal (as A Trustee For Sajjan Jindal Lineage Trust) 295.0 (0.0%) Shareholding of Promoter and Promoter Group
Sajjan Jindal (as A Trustee For Sajjan Jindal Family Trust) 295.0 (0.0%) Shareholding of Promoter and Promoter Group
Jindal United Steel Limited 6920.0 (0.0%) Shareholding of Promoter and Promoter Group
Jindal Coke Limited 6920.0 (0.0%) Shareholding of Promoter and Promoter Group
Saroj Bhartia 5818.0 (0.0%) Shareholding of Promoter and Promoter Group
Seema Jindal 2655.0 (0.0%) Shareholding of Promoter and Promoter Group
Kamal Kishore Bhartia 6548.0 (0.0%) Shareholding of Promoter and Promoter Group
Nirmala Goel 34150.0 (0.0%) Shareholding of Promoter and Promoter Group
Tanvi Shete 35386.0 (0.0%) Shareholding of Promoter and Promoter Group
Tarini Jindal Handa 35400.0 (0.0%) Shareholding of Promoter and Promoter Group
Tripti Jindal Arya 36085.0 (0.0%) Shareholding of Promoter and Promoter Group
Naveen Jindal 37666.0 (0.0%) Shareholding of Promoter and Promoter Group
R K Jindal & Sons Huf . 41123.0 (0.0%) Shareholding of Promoter and Promoter Group
Arti Jindal 10.0 (0.0%) Shareholding of Promoter and Promoter Group

News

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Right Arrow

JINDAL STAINLESS LIMITED corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
27 Oct 2023 1.0 Interim 28 Oct 2023 Equity shares
15 Sep 2023 1.5 Final 15 Sep 2023 Equity shares
28 Apr 2023 1.0 Special 28 Apr 2023 Equity shares
13 Aug 2008 2.0 Final 16 Aug 2008 Equity shares
02 Aug 2007 0.4 Final 04 Aug 2007 Equity shares
29 Mar 2007 1.6 Interim 31 Mar 2007 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
01 Mar 2004 10.0 2.0 09 Mar 2004
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
27 Oct 2023 1.0 Interim 28 Oct 2023 Equity shares
15 Sep 2023 1.5 Final 15 Sep 2023 Equity shares
28 Apr 2023 1.0 Special 28 Apr 2023 Equity shares
13 Aug 2008 2.0 Final 16 Aug 2008 Equity shares
02 Aug 2007 0.4 Final 04 Aug 2007 Equity shares
29 Mar 2007 1.6 Interim 31 Mar 2007 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
01 Mar 2004 10.0 2.0 09 Mar 2004

Jindal Stainless Limited Share Price

Jindal Stainless Ltd (JSL) reported a 34.6% decline in net profit to ₹500.7 crore for Q4 ending March 31, 2024, compared to ₹765.8 crore in the same quarter last year, according to a regulatory filing. Revenue from operations decreased by 3.2% to ₹9,454 crore from ₹9,765 crore year-on-year. EBITDA fell 9.5% to ₹1,035.2 crore from ₹1,143.9 crore, with the EBITDA margin narrowing to 11% from 11.7%. The board has proposed a final dividend of ₹2 per equity share for FY24, pending shareholder approval at the 44th annual general meeting. Additionally, JSL secured steel supply contracts worth ₹1,586.39 crore from the Railways following a bidding process that began in July 2023 and concluded earlier this month.

 

JINDAL STAINLESS LIMITED Share Price

Jindal Stainless Limited was incorporated on 29 September, 1980 as Jindal Ceramics Limited. The Company changed the name to 'Jindal Int.com Limited' on January 29, 2001 from Jindal Ceramics Limited. Further, the name of the Company was changed to JSL Limited on 22 July, 2018 from 'Jindal Int.com Limited' and further to 'JSL Stainless Limited' on May 31, 2010 and to Jindal Stainless Limited on 3 November, 2011.

The Company is India's leading stainless steel producers of stainless steel with integrated melting products with a capacity of 1.1 MTPA, eventually scalable upto 3.2 MTPA. It is engaged in manufacturing of stainless steel flat products in Austenitic, Ferritic, Martensitic and Duplex grades. The company operates two major plants: the Hisar plant, with a capacity of 0.8 MTPA, and the Jajpur plant, boasting a capacity of 2.2 MTPA.

The company manufactures and sells a broad range of stainless steel flat products including slabs, blooms, flat bars, hot rolled and cold rolled coils, plates and sheets and special products including, precision strips and coin blanks. The Company's plants are situated in Haryana, Andhra Pradesh and Orissa.

The business of Jindal Strips Limited was restructured by de-merging the stainless steel business from Jindal Strips Limited to the Company and all the properties, assets, rights, powers and liabilities relating to the stainless steel undertaking of Jindal Strips Limited had been transferred to the Company with effective from April 1st 2002. During 2002-03 the company completed de-bottlenecking by augmenting the Stainless Steel melting capacity to 400,000 MT. The Company's name was renamed as Jindal Stainless Limited in 28th January of the year 2003. During April of the year 2003, the Austenitic Creations Pvt., Ltd and J-Inox Creations Ltd were amalgamated with the company. Both the companies are in the business of Architecture, Building Construction sector.

Jindal Stainless had acquired an Indonesian company, PT.Maspion Stainless Steel and formalities has been completed in December 2004.Consequent of this acquisition, PT. Maspion Stainless Steel has become the subsidiary of the company and this Indonesian company has started commercial production. The Company had launched a premium range of beverage sets in designer stainless steel under the brand name Art d'inox and also in the same year of 2004 signed a stainless steel supply contract for US $ 18.5 million. During 2004-05 the company has entered into a technical assistance with Nisshin Company Ltd, Japan to assist the company in improving quality of the finished products. Further the company has set up a service center at Gurgaon by way of subsidiary company in collaboration with an Italian company Steelwat s.r.l. Italy.

The Life Style Product Division and Architecture Division of the company was hived-off to Austenitic Creations Private Limited and Jindal Architecture Limited respectively with effect from 1st April of the year 2005, vide its Order dated 13th July of the year 2006. The Company had entered into MoU with the Government of Orissa for setting up Stainless Steel project at Orissa in the year 2005-06. During the year 2006-07, the company commissioned its New Tension Leveler under Cold rolling division. In April of the year 2007, a new 220-tpd-Oxygen plant had been commissioned in Hot rolling division. Jindal Stainless is expanding its operations through forward and backward integration and focusing on increased levels of productivity, quality & cost competitiveness.

As at May 2008, the Company signed a Joint Venture Agreement with Antam Tbk to develop a nickel smelting and stainless steel facility in North Konawe, South East Sulawesi. Antam share in project 55% with Jindal owning a 45% share. The Company awarded the second phase of DTC Bus-Q-Shelters in June of the year 2008 by Delhi Transport Corporation DTC); the Second Build Own Transfer (BOT) project envisages putting up of approximately 400 Bus-Q Shelters uniquely designed and modeled in Stainless Steel.

Pursuant to the Reworked Corporate Debt Restructuring Scheme approved by CDR EG and Rework Letter of Approval (Rework LOA) issued on 18 September 2012, the approved Reworked CDR package implemented by all CDR lenders and the Company had executed all the necessary documents. During the year 2014, the Company had arranged execution of corporate guarantee of 13 promoter group companies (out of total 30 promoter group companies) and is in discussions with the remaining promoter group companies for resolution of pending issues related to collateral security.

During the year 2014, the Company has received conversion notice for entire remaining 300 Foreign Currency Convertible Bonds (FCCBs) amounting to USD 1.50 million and subsequently the company has allotted 547,458 fully paid equity shares. During the quarter ended 31st March, 2014, the Company has raised Rs 100,00,00,566, by way of issue and allotment of 1,07,50,000 equity shares of Rs 2/- each and 1,58,10,440 Cumulative Compulsory Convertible Preference Shares (CCCPS) of face value of Rs 2/- each at a price of Rs 37.65 per equity share /CCCPS (including a premium of Rs 35.65 per equity share/ CCCPS) in accordance with SEBI (ICDR) Regulations, 2009 to JSL Overseas Limited, a member of promoter group, on preferential basis.During the financial year 2013-14 the R&D division has been actively engaged in development of new value added stainless steel grades, process improvements and in serving clients through customized products matching their specific property requirements. Moreover, several measures were also undertaken to reduce cost in different production lines.

On 19th December 2014 and 25th September 2015, the Company has allotted 1,10,00,000 and 48,10,440 equity shares of Rs2/- each respectively upon conversion of 1,58,10,440 Cumulative Compulsory Convertible Preference Shares (CCCPS) of face value of Rs2/- each to JSL Overseas Limited, a member of promoter group.

As per the terms of the Scheme, six domestic subsidiary companies of the Company viz. JSL Lifestyle Limited, Jindal Stainless Steelway Limited, JSL Architecture Limited, Green Delhi BQS Limited, JSL Media Limited and JSL Logistics Limited have been transferred to Jindal Stainless (Hisar) Limited through slump sale. Consequent thereto, as on 31st March 2015, the Company has been left with 11 direct and step down subsidiaries, namely (i) Jindal Stainless UK Limited; (ii) Jindal Stainless FZE, Dubai; (iii) PT Jindal Stainless Indonesia; (iv) Jindal Stainless Italy S.r.l.; (v) Jindal Stainless Madencilik Sanayi VE Ticaret A.S., Turkey (vi) JSL Group Holdings Pte. Ltd., Singapore; (vii) JSL Ventures Pte. Ltd., Singapore; (viii) Jindal Aceros Inoxidables S. L., Spain; (ix) Iberjindal S.L., Spain; (x) Jindal United Steel Limited; and (xi) Jindal Coke Limited. Further, the Company has an associate company namely, J.S.S. Steelitalia Ltd. and two joint ventures with MJSJ Coal Limited and Jindal Synfuels Limited. During the financial year ended 31st March 2015, two subsidiary companies namely JSL Europe SA and JSL Minerals and Metals SA were closed down. Further Jindal Stainless (Hisar) Limited (JSHL), Jindal United Steel Limited (JUSL) and Jindal Coke Limited (JCL) were made the wholly owned subsidiary companies of the Company. Post sanction of the Scheme, JSHL has ceased to be subsidiary of the Company. The other two companies viz. JUSL and JCL shall also cease to be subsidiary companies of the Company post receipt of approval from OIIDCO and induction of new investors in the said companies. However, these will continue to remain associate companies of the Company.The Company, after having various rounds of discussions with the CDR Lenders, had finalized a comprehensive plan of Asset Monetization cum Business Reorganisation Plan (AMP), which entailed monetization of identified business undertakings of the Company through demerger/slump sale and utilization of the proceeds of the slump sale in reduction of debt of the Company. As a part of the above said AMP, a Composite Scheme of Arrangement among the Company and its three wholly owned subsidiary companies viz. Jindal Stainless (Hisar) Limited (JSHL), Jindal United Steel Limited (JUSL) and Jindal Coke Limited (JCL) and their respective creditors and shareholders was undertaken which was approved by the Hon'ble High Court of Punjab and Haryana at Chandigarh, vide its Order dated 21st September 2015 (as modified on 12th October, 2015), Certified True Copy of the Said Order was filed on 1st November, 2015, with the Office of Registrar of Companies, NCT of Delhi and Haryana. Consequently, Section I (pertaining to demerger of Mining Division and Ferro Alloys Division and vesting the same in JSHL) and Section II (pertaining to slump sale of manufacturing facility at Hisar from the Company to JSHL) of the Scheme became operative from the Appointed Date 1 i.e. close of business hours before midnight of 31st March 2014. The Scheme envisaged demerger of Mining Division including the Chromite Mines located at Sukinda and vesting the same in JSHL, however, the Company did not receive approval from the Ministry of Mines, Government of Odisha for transfer of the said Mines to JSHL, therefore, the Board of Directors of the Company in its meeting held on 23rd November, 2016, in terms of clause 1.10 of Section V of the Scheme, decided not to transfer the Mines to JSHL. Section III and IV of the Scheme with respect to JUSL and JCL respectively became operative from Appointed Date 2 i.e. close of business hours before midnight of 31st March 2015, and became effective upon receipt of approval from Orissa Industrial and Infrastructure Development Corporation Limited (OIIDCO), on 24th September 2016, with respect to the transfer/right to use the land on which Hot Strip Mill and Coke Oven Plant is located, from the Company to JUSL and JCL respectively. Post implementation of the Scheme, the Company has already received an amount of Rs2600 Crore as consideration for slump sale from JSHL, which has been utilized to prepay the debts of the Company and accordingly the debt of the Company as on date has been reduced to that extent. The Company has further received an amount of Rs.2355 Crore from JUSL and Rs.490 Crore from JCL towards consideration of slump sale and interest free security deposit for sharing infrastructure facilities in due course and that amount shall also be utilized to prepay the debts of the Company.

The Company has on 3rd July 2016, allotted 16,82,84,309 equity shares of Rs.2 each at a price of Rs.21.76 (including premium of Rs.19.76 per share) per share to Jindal Stainless (Hisar) Limited (JSHL) on preferential basis against Rs.366,18,66,570, being the amount due and payable by the Company to JSHL as of the 'Appointed Date 1' i.e. close of business hours before midnight of March 31 2014 as specified in the Scheme. These shares have already been listed and permitted for trading on the BSE Ltd. and National Stock Exchange of India Ltd.

During the financial year ended 31st March 2017, Jindal United Steel Limited and Jindal Coke Limited ceased to be subsidiaries of the Company and the following subsidiaries of the Company were closed down: (i) Jindal Stainless Italy S.r.l., (ii) JSL Group Holdings Pte. Ltd., Singapore, (iii) JSL Ventures Pte. Ltd., Singapore, and (iv) Jindal Aceros Inoxidables S. L., Spain.

During the financial year 2017-18, in May 26th 2017, the Company has allotted 605,70,320 equity shares of face value of Rs.2 each and 14,28,30,637 - 0.01% Optionally Convertible Redeemable Preference Shares of face value of Rs.2 each (OCRPS) to the lenders of the Company upon conversion of the Funded Interest Term Loan I and the Funded Interest Term Loan II at a price of Rs.39.10 (including premium of Rs.37.10) per Share/OCRPS, aggregating to Rs.236,82,99,512; and Rs.558,46,77,906.70 respectively. Further, the Company has on the 28th March 2018 allotted 1,91,81,586 Equity Shares having the face value of Rs. 2 each to Virtuous Tradecorp Private Limited, a promoter group entity, upon conversion of 1,91,81,586 Compulsorily Convertible Warrants (CCW) held by it.

During the period 2019-20, Steel Melting Shop produced 9,73,995 MT. New grades and variants were developed for lift and elevator segment, metro coach application, and railway foot-overbridge application, among others. On the operational front, JSL implemented Level-2 automation of Argon Oxygen Decarburization (AOD) converter, which led to ~10 % improvement in productivity of this unit. The Company commissioned a 25 MT induction furnace which resulted in a cleaner, energy-efficient melting process, where the JSL's melt production capacity presently stands at 1.1 MTPA.

As on 31 March 2021, the Company had 5 direct subsidiaries, namely Jindal Stainless FZE, Dubai; PT Jindal Stainless Indonesia; JSL Group Holdings Pte. Ltd, Singapore; Iberjindal S. L., Spain and Jindal Stainless Park Limited.

In FY'21, JSL's product portfolio reported expansion in domestic and international geographies across the applications. It developed specialized grades for Armour and ballistic applications, along with nuclear, submarine, metro and railways and automobile applications.

During the year 2021-22, JSL Ferrous Limited ceased to be subsidiary effective 06th May, 2022.

During the FY 2022-23, the Composite Scheme of Arrangement for amalgamation of Jindal Stainless (Hisar) Limited (JSHL), JSL Lifestyle Limited (mobility division), JSL Media Limited and Jindal Stainless Corporate Management Services Private Limited (Amalgamating Companies) with the Company was made effective from 02nd March, 2023. The Company commissioned Brownfield Expansion Plan at Jajpur, Odisha. Commissioning Combo Line for downstream expansion. 1.5x expansion of HRAP (Hot Rolled Annealed Pickled) capacity and 1.7x expansion of CRAP (Cold Rolled Annealed Pickled) capacity. HRAP and CRAP capacities were enhanced from 0.8 MTPA and 0.45 MTPA to 1.25 MTPA and 0.75 MTPA respectively. It set up a Captive Hybrid Renewable Energy Project in Jajpur costing Rs 137.5 Crores.

In 2022-23, the Company acquired remaining 74% equity stake in Jindal United Steel Limited from OPJ Steel Trading Private Limited. It acquired Rathi Super Steel Limited (RSSL), on a going concern basis and resulting to said acquisition, Rathi Super Steel became the wholly owned subsidiary of the Company w.e.f. 16th November 2022.

In 2023-24, the first Green Hydrogen Plant was established in in Hisar, Haryana in March, 2024. A 1.2 million tonnes per annum (MTPA) Stainless Steel Melt Shop established in Indonesia, ramping up the total capacity to 4.2 MTPA in Indonesia in 2024. The Company acquired equity stake in Chromeni Steels Private Limited (CSPL), making CSPL a subsidiary of the Company. It acquired a 0.6 MTPA cold-rolling mill in Mundra, Gujarat in FY24. Jindal United Steel Limited became a wholly owned subsidiary of the Company effective from July 20, 2023.

Parent organization Ratan Jindal Group
NSE symbol JSL
Founded 1980
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Frequently Asked Questions

What is the Current Share Price of Jindal Stainless Ltd?

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Jindal Stainless Ltd share price is for NSE ₹ 0.00 & for BSE ₹ 0.00 as on Jul 01 2025 12:00 AM.

What is the Market Cap of Jindal Stainless Ltd Share?

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The market cap of Jindal Stainless Ltd for NSE ₹ 0.00 & for BSE ₹ 0.00 as on Jul 01 2025 12:00 AM.

What is the 52 Week High and Low of Jindal Stainless Ltd?

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The 52 Week High and Low of Jindal Stainless Ltd for NSE is ₹ 848.00 and ₹ 496.60 and for BSE is ₹ 848.00 and ₹ 497.00.

What is 1 year return for Jindal Stainless Ltd?

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The 1 year returns on the stock has been -13.09%.

What is the P/E Ratio of Jindal Stainless Ltd Share?

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As on Jul 01 2025 12:00 AM the price-to-earnings (PE) ratio for Jindal Stainless Ltd share is 21.44.

What is the PB ratio of Jindal Stainless Ltd Share?

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As on Jul 01 2025 12:00 AM, the price-to-book (PB) ratio for Jindal Stainless Ltd share is 196.61.

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What is Jindal Stainless Limited?

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Jindal Stainless Limited is a leading stainless steel manufacturer in India with an annual turnover of ₹35,700 crore (US $4.30 billion) in FY23.

What is the financial performance of Jindal Stainless Limited?

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The Company's Q4FY23 standalone Net Revenue, EBITDA, and PAT were recorded at ₹9,444 crore, ₹1,097 crore, and ₹659 crore respectively. Net debt in the financial year stood at ₹2,591 crore and the net debt-to-equity ratio improved to ~0.2, despite completion of organic CapEx.

When was Jindal Stainless ltd founded?

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Jindal Stainless Limited was founded in 1970.

Where is Jindal Stainless Limited headquartered?

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Jindal Stainless Limited is headquartered in Gurugram, Haryana.

Is Jindal Stainless the part of the Jindal group?

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Yes, Jindal Stainless Limited is part of the Jindal Group.

Who owns the Jindal Stainless steel?

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Jindal Stainless Limited is a publicly traded company with promoters, foreign institutions, mutual funds, and public shareholders.

What is the turnover of Jindal Stainless steel?

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Jindal Stainless Limited had an annual turnover of ₹35,700 crore (US $4.30 billion) in FY23.

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