JINDAL STAINLESS LIMITED
Latest filings
- Audio recording of October 23, 2026 earnings call posted · Investor Communications
- Q2 FY27 results: revenue up 18%, PAT up 11% YoY, rating upgraded to AA+ · Investor Communications
- Jindal Stainless reports strong Q2 FY27 profit growth · Compliance
Snapshot
What the business is, and whether it's a good one at a fair price.
Manufactures stainless steel flat and long products at integrated Indian plants at Hisar and Jajpur, and from a melt shop in Indonesia commissioned in March 2026. The combined network sells into automotive, metro coaches, railways, lift-elevator and white-goods applications, and has supplied stainless steel for Indian Railways for over three decades, including about 40% of the stainless steel used in India's first hydrogen-powered train. Raw materials account for 65% of revenue, while the energy basket (propane, LPG, natural gas and ammonia) is the volatile cost swing factor, with Middle East disruption pushing gas costs up 2.5x-3x. FY26 EBITDA reached ₹5,560 crore, up 19% year-on-year, on net debt-to-EBITDA of 0.55x.
Scorecard
Measured from the filed financials, judged against its Iron & Steel peers · as of FY26 — not investment advice
Strengths
Concerns
Charts
How has the market priced it — with filings on the timeline?
JSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from JINDAL STAINLESS LIMITED's filed financials and exchange disclosures
What does JINDAL STAINLESS LIMITED do?
JINDAL STAINLESS LIMITED is a Ferrous Metals company listed on NSE and BSE, trading under the symbol JSL.
Is JINDAL STAINLESS LIMITED profitable?
Yes. Over the trailing twelve months JINDAL STAINLESS LIMITED reported a net profit of ₹3,239 Cr on revenue of ₹44,026 Cr.
Does JINDAL STAINLESS LIMITED pay a dividend?
Yes. The dividend yield is 0.42% at the current price. It paid out 8% of its profit as dividend in FY26.
Is JINDAL STAINLESS LIMITED debt-free?
No. It reported borrowings of ₹7,342 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹6,926 Cr after cash. Debt stands at 0.37× equity. That is lower than 50% of its 11 Iron & Steel peers.
Is JINDAL STAINLESS LIMITED expensive compared with its peers?
On trailing P/E, JINDAL STAINLESS LIMITED ranks 8 of 11 in Iron & Steel — cheaper than 30% of them, against an industry median of 14.2×. This is a position, not a valuation judgement.
How much does the JINDAL STAINLESS LIMITED share price move in a day?
On a typical session JINDAL STAINLESS LIMITED moves 1.12% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track JINDAL STAINLESS LIMITED's announcements?
Every NSE and BSE filing by JINDAL STAINLESS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.