NSE JSL · BSE 532508 · Iron & Steel · NIFTY 500
Jindal Stainless Share Price
₹743.15
▼ −₹15.40 · 2.03%
Day range · 24 Sep
₹740.80Low₹762.35High
52-week range
₹652.45Low · 11 Jun 2026₹883.25High · 7 Jan 2026
Jindal Stainless Overview
Where the price stands, how it has moved and how it sits against its averages.
Jindal Stainless shares last traded at ₹743.15 on the NSE, down 2.03% on the day. That is 15.9% below the 52-week high of ₹883.25 and 13.9% above the 52-week low of ₹652.45. The stock trades at 18.86× earnings, above the sector average of 17.25. Its market value is ₹61,258 Cr.
Price returns
1 Day▼ −2.03%
1 Week0.00%
This month▲ +8.03%
3 Months▲ +9.14%
6 Months▲ +4.74%
This year▼ −9.62%
1 Year▼ −5.30%
Against the market: 1 Month ▲ +10.16% · 3 Months ▲ +12.30% · 6 Months ▲ +5.37% · This year ▲ +2.94% · 1 Year ▲ +3.91%
Shading grows with the size of the move. We ask our data provider for a newer price every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next check from Fri 16 Oct, 9:15 AM. Its quotes are not real-time — the time at the top shows how current the price is.
Moving averages — price is above 4 of 6
- 300-day average₹748.74 ▼ price 0.7% below
- 10-day average₹746.50 ▼ price 0.4% below
- Today's price₹743.15
- 5-day average₹740.23 ▲ price 0.4% above
- 20-day average₹733.68 ▲ price 1.3% above
- 50-day average₹731.46 ▲ price 1.6% above
- 100-day average₹722.69 ▲ price 2.8% above
Each average is the mean closing price over that many trading days; averages above the current price sit higher on the ladder.
Jindal Stainless Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
42,955
3,193
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹42,955 Cr | ▲ +9.3% | ₹3,193 Cr | 7.4% | ₹38.70 | ₹4.00 |
| FY 2025 | ₹39,312 Cr | ▲ +1.9% | ₹2,505 Cr | 6.4% | ₹30.41 | ₹3.00 |
| FY 2024 | ₹38,562 Cr | ▲ +8.0% | ₹2,713 Cr | 7.0% | ₹32.94 | ₹3.00 |
| FY 2023 | ₹35,697 Cr | ▲ +9.1% | ₹2,115 Cr | 5.9% | ₹25.68 | ₹1.50 |
| FY 2022 | ₹32,733 Cr | ▲ +168.6% | ₹3,079 Cr | 9.4% | ₹37.78 | ₹0.00 |
| FY 2021 | ₹12,188 Cr | ▼ −5.9% | ₹419 Cr | 3.4% | ₹8.48 | — |
| FY 2020 | ₹12,951 Cr | — | ₹71 Cr | 0.6% | ₹1.16 | — |
11,337
11,279
844
769
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹11,279 Cr | ▼ −0.5% | ₹769 Cr | 6.8% | ₹9.32 |
| Q4 FY26 | ₹11,337 Cr | ▲ +7.8% | ₹844 Cr | 7.4% | ₹10.22 |
| Q3 FY26 | ₹10,518 Cr | ▼ −3.4% | ₹829 Cr | 7.9% | ₹10.05 |
| Q2 FY26 | ₹10,893 Cr | ▲ +6.7% | ₹807 Cr | 7.4% | ₹9.80 |
| Q1 FY26 | ₹10,207 Cr | ▲ +0.1% | ₹714 Cr | 7.0% | ₹8.67 |
| Q4 FY25 | ₹10,198 Cr | ▲ +2.9% | ₹591 Cr | 5.8% | ₹7.17 |
| Q3 FY25 | ₹9,907 Cr | ▲ +1.3% | ₹655 Cr | 6.6% | ₹7.95 |
| Q2 FY25 | ₹9,777 Cr | — | ₹611 Cr | 6.3% | ₹7.41 |
Balance sheet — FY26
Owes (liabilities)Shareholders' equity
51%
49%
- Total assets₹40,704 Cr
- Total liabilities₹20,912 Cr
- Shareholders' equity₹19,791 Cr
- Total debt₹7,460 Cr
- Cash & investments₹1,971 Cr
- Current ratio1.25×
- Revenue growth, 5 yr28.65% a year
- EPS growth, 5 yr35.49% a year
- Operating margin (TTM)10.02%
- Net margin (TTM)7.36%
Cash flow — FY26
Operating activities
▲ ₹3,400 Cr
Investing activities
▼ −₹3,506 Cr
Financing activities
▼ −₹112 Cr
Free cash flow
▲ ₹742 Cr
Net change in cash
▼ −₹217 Cr
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 12,950.87 | 12,188.46 | 32,732.65 | 35,697.03 | 38,562.47 | 39,312.21 | 42,954.66 |
| Cost of revenue | 11,203.34 | 10,157.22 | 26,170.69 | 30,407.38 | 32,226.70 | 32,459.99 | 34,672.92 |
| Gross profit | 1,747.53 | 2,031.24 | 6,561.96 | 5,289.65 | 6,335.77 | 6,852.22 | 8,281.74 |
| Operating expenses | 12,232.11 | 11,064.70 | 28,662.00 | 32,905.44 | 34,831.36 | 35,763.13 | 38,591.28 |
| Operating income | 718.76 | 1,123.76 | 4,070.65 | 2,791.59 | 3,731.11 | 3,549.08 | 4,363.38 |
| Depreciation | 425.16 | 402.96 | 759.11 | 723.75 | 878.83 | 955.95 | 1,060.12 |
| Profit before tax | 165.26 | 689.67 | 4,159.04 | 2,773.97 | 3,592.47 | 3,338.96 | 4,242.07 |
| Tax | 92.64 | 270.21 | 1,049.65 | 690.14 | 898.99 | 839.24 | 1,057.50 |
| Net profit | 71.32 | 419.23 | 3,078.82 | 2,114.50 | 2,713.21 | 2,505.20 | 3,193.45 |
| EPS (₹) | 1.16 | 8.48 | 37.78 | 25.68 | 32.94 | 30.41 | 38.70 |
| Dividend per share (₹) | — | — | 0.00 | 1.50 | 3.00 | 3.00 | 4.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 10,677.54 | 10,734.51 | 22,584.18 | 27,115.48 | 30,817.25 | 36,158.05 | 40,703.62 |
| Current assets | 3,826.30 | 4,118.53 | 11,994.84 | 15,111.73 | 14,782.61 | 16,798.31 | 17,500.50 |
| Cash & short-term investments | 71.19 | 76.29 | 324.32 | 819.15 | 1,645.85 | 1,449.52 | 1,970.73 |
| Inventory | 2,845.93 | 2,924.24 | 7,112.60 | 8,803.95 | 8,244.56 | 10,068.44 | 10,028.47 |
| Property, plant & equipment | 6,160.95 | 5,880.79 | 8,225.21 | 9,776.21 | 13,131.04 | 14,866.33 | 18,030.57 |
| Total liabilities | 7,960.30 | 7,529.38 | 12,761.09 | 15,184.30 | 16,459.35 | 19,470.11 | 20,912.34 |
| Current liabilities | 4,598.07 | 4,056.25 | 8,729.83 | 10,979.06 | 10,118.81 | 13,242.81 | 13,987.64 |
| Total debt | 3,907.26 | 3,229.77 | 4,007.25 | 3,958.17 | 6,052.26 | 6,401.87 | 7,460.33 |
| Total equity | 2,717.24 | 3,205.13 | 9,823.09 | 11,931.18 | 14,357.90 | 16,687.94 | 19,791.28 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 1,180.36 | 1,307.77 | 1,038.09 | 3,097.95 | 4,929.07 | 4,723.41 | 3,400.20 |
| From investing | −187.78 | −151.98 | −985.27 | −2,481.65 | −3,340.16 | −3,438.70 | −3,505.62 |
| From financing | −990.77 | −1,118.64 | 101.48 | −386.25 | −829.35 | −1,882.39 | −112.23 |
| Capital expenditure | −196.82 | −167.75 | −971.11 | −1,655.71 | −1,474.91 | −1,885.46 | −2,658.16 |
| Dividends paid | — | — | — | — | −285.73 | −244.86 | −244.86 |
| Net change in cash | 3.88 | 37.16 | 154.30 | 228.89 | 759.79 | −597.16 | −217.42 |
Jindal Stainless vs Peers
Side by side with other iron & steel companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield |
|---|---|---|---|---|---|---|---|---|
| Jindal Stainless This stock | ₹743.15 | ▼ −2.03% | ₹61,258 Cr | 18.86 | 3.09 | 21.16% | 7.36% | 0.54% |
| JSW Steel | ₹1,274.50 | ▼ −1.81% | ₹3,11,673 Cr | 41.56 | 3.02 | 16.35% | 14.76% | 0.57% |
| Lloyds Metals And Energy | ₹1,830.35 | ▼ −3.27% | ₹1,03,553 Cr | 27.81 | 7.57 | 33.77% | 22.37% | 0.05% |
| Jindal Steel | ₹1,154.35 | ▼ −1.59% | ₹1,17,754 Cr | 25.85 | 2.05 | 11.35% | 6.34% | 0.20% |
| Welspun Corp | ₹2,709.00 | ▼ −3.11% | ₹71,461 Cr | 25.90 | 4.56 | 18.30% | 9.66% | 0.32% |
| Shyam Metalics and Energy | ₹1,089.30 | ▼ −1.59% | ₹30,406 Cr | 26.80 | 2.47 | 13.68% | 5.72% | 0.44% |
Peer prices and ratios as last reported by the data provider. Company names link to their own pages.
Jindal Stainless Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Jindal StainlessBenchmarkRule-of-thumb bands
Valuation The price against earnings, book value and sales
P/E (TTM)Price ÷ yearly earnings per share
18.86
▲ 9% above the sector average of 17.25
P/E, 12-month rangeLow 2.96 · high 26.57
67%
Today's P/E sits 67% of the way from its low to its high
P/BPrice ÷ book value per share
3.09
P/SMarket cap ÷ last 12 months' revenue
1.39
P/CFPrice ÷ cash flow per share
14.37
PEGP/E ÷ earnings growth rate
1.31
Profitability Of every ₹100 of sales, how much is kept?
Gross marginKept after the cost of goods
21.99%
▲ above its 5-yr average of 17.61%
Operating marginKept after running costs
10.02%
▲ above its 5-yr average of 9.78%
Pre-tax marginKept before tax
9.78%
▲ above its 5-yr average of 9.57%
Net marginKept as profit
7.36%
▲ above its 5-yr average of 7.17%
Returns & efficiency How well does it use its money?
Return on equityProfit on shareholders' money
17.51%
▼ below its 5-yr average of 21.16%
Return on assetsProfit on everything it owns
8.29%
▼ below its 5-yr average of 9.53%
Return on investmentProfit on long-term capital
12.86%
▼ below its 5-yr average of 15.06%
Return on capital employedProfit before interest and tax on equity + debt
17.46%
Growth Is the business getting bigger?
Revenue — last 12 months
+9.8%
▲ growing
Revenue — 3 yr, a year
+6.4%
▲ growing
Revenue — 5 yr, a year
+28.7%
▲ growing (off the scale)
Net profit — 3 yr, a year
+14.7%
▲ growing
Net profit — 5 yr, a year
+50.1%
▲ growing (off the scale)
EPS — last 12 months
+26.3%
▲ growing (off the scale)
EPS — 3 yr, a year
+14.7%
▲ growing
EPS — 5 yr, a year
+35.5%
▲ growing (off the scale)
Dividend — 3 yr, a year
+38.7%
▲ growing (off the scale)
Book value — 5 yr, a year
+29.6%
▲ growing (off the scale)
Financial strength Can it pay its bills and debts?
Debt to equityBorrowings for every ₹1 of shareholders' money
0.38×
Current ratioShort-term assets for every ₹1 due within a year
1.25×
Quick ratioLike the current ratio, without inventory
0.53×
Interest coverOperating profit ÷ interest to pay
29.04×
Payout ratioShare of profit paid as dividend
10.34%
Per share What each share stands for
EPS (TTM)
₹39.39
Book value
₹240.21
Cash flow
₹52.74
Dividend
₹4.00
Revenue
₹533.87
The share price is 3.09× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 112 metrics from the data provider
Valuation
P/E excluding extraordinary items, most recent fiscal year19.60
Current Dividend Yield - Common Stock Primary Issue, LTM0.53
Price to Book - most recent fiscal year3.16
P/E Basic excluding extraordinary items - TTM17.56
P/E including extraordinary items - TTM19.26
P/E excluding extraordinary items low, trailing 12 months2.96
Price to Tangible Book - most fiscal year3.51
Dividend Yield - 5 Year Average0.46
Price to sales - most recent fiscal year1.46
Dividend Yield - indicated annual dividend divided by closing price0.53
Price to Cash Flow per share - trailing 12 month14.37
Peg Ratio1.31
Price to Free Cash Flow per Share - most recent fiscal year125.71
P/E Normalized, most recent fiscal year19.33
P/E excluding extraordinary items high, trailing 12 months26.57
P/E excluding extraordinary items, most recent fiscal year quarter19.26
Price to sales - trailing 12 month1.42
Net Debt, LFY54,896.00
Per share
Dividend Per Share - 5 year average2.30
Cash Flow per share - trailing 12 month52.74
Cash Flow per share - most recent fiscal year51.45
EPS including extraordinary items - trailing 12 month39.39
EPS including extraordinary items - most recent fiscal year38.70
EBITD per share - trailing 12 month67.66
Revenue/share - trailing 12 month533.87
EPS excluding extraordinary items - trailing 12 month39.39
EPS Basic excluding extraordinary items - most recent fiscal year38.76
EPS Basic excluding extraordinary items - trailing 12 month39.43
Book value per share - most recent fiscal year240.20
Dividend per share - most recent fiscal year4.00
Revenue/share - most recent fiscal year520.61
EPS Normalized - most recent fiscal year39.24
Book value (tangible) per share - most recent fiscal year216.15
Dividends per share - trailing 12 month4.00
EPS excluding extraordinary items - most recent fiscal year38.70
Cash per share - most recent fiscal year23.92
Margins
Operating margin - trailing 12 month10.02
Gross Margin - 5 year average17.61
Operating margin - 1st historical fiscal year10.16
Operating Margin - 5 year average9.78
Net Profit Margin % - 1st historical fiscal year7.41
Gross Margin - 1st historical fiscal year19.28
Net Profit Margin % - trailing 12 month7.36
Net Profit Margin - 5 year average7.17
Pretax Margin - 5 year average9.57
Pretax margin - 1st historical fiscal year9.88
Pretax margin - trailing 12 month9.78
Free Operating Cash Flow/Revenue, 5 Year Average4.10
Gross Margin - trailing 12 month21.99
Growth
EPS Change %, TTM over TTM26.25
Revenue growth rate, 5 year28.65
EPS growth rate, 5 year35.49
Revenue Change % - most recent quarter 1 year ago10.50
Growth rate% - dividend, 3 year38.67
Growth rate% - EPS, 3 year14.66
Revenue/share (5 yr growth)16.13
Free Operating Cash Flow, 5 Year CAGR−15.29
Tangible Book Value, Total Equity, 5 Year CAGR41.21
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR23.26
Capital Spending growth rate, 5 year73.77
Revenue Change %, TTM over TTM9.82
Growth rate% - Revenue, 3 year6.36
Book value per share growth rate, 5 year29.57
EPS Change % - most recent quarter 1 year ago7.50
Net Profit Margin growth rate, 5 year16.59
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR30.94
Total Debt, 5 Year CAGR18.23
Financial strength
Net Interest coverage - most recent fiscal year29.04
Free Cash Flow - most recent fiscal year4,971.80
LT debt/equity - most recent fiscal year0.25
Quick ratio - most recent fiscal year0.53
Payout ratio - trailing 12 month7.61
Current ratio - most recent fiscal year1.25
Current EV/Free Cash Flow, LFY50.74
Total debt/total equity - most recent fiscal year0.38
Net Interest coverage - trailing 12 month8.85
Payout ratio - most recent fiscal year10.33
Returns & efficiency
Return on average equity - 5 year average21.16
Net Income/employee - trailing 12 month57,54,389.00
Revenue/employee - most recent fiscal year7,77,60,060.00
Return on investment - most recent fiscal year12.86
Return on average assets - most recent fiscal year8.29
Receivables turnover - most recent fiscal year13.87
Inventory turnover - most recent fiscal year3.45
Revenue/employee - trailing 12 month7,82,26,830.00
Return on average assets - 5 year average9.53
Net Income/employee - most recent fiscal year57,64,971.00
Asset turnover - most recent fiscal year1.12
Return on average equity - most recent fiscal year17.51
Return on investment - 5 year average15.06
Price & volume
Market Cap61,192.50
52 week Low Date11 Jun 2026
Price - 1 Day % Change2.03
Relative (S&P500) price percent change - 13 week12.30
Avg trading volume last 10 days1.77
Price - 13 week price percent change9.14
Price - 52 week price percent change−5.30
Avg Trading Volume Last 3 months14.90
Price - 5 Day % Change3.79
Price % Change Month To Date8.03
Relative (S&P500) price percent change - 04 week10.16
52 week High Date7 Jan 2026
Price - 26 week price percent change4.74
PDATE23 Sep 2026
Price - YTD price percent change−9.62
Relative (S&P500) price percent change - 52 week3.91
NPRICE758.55
Relative (S&P500) price percent change - 26 week5.37
52 week Low652.25
52 week High884.00
Beta1.30
Relative (S&P500) price percent change - Year to Date2.94
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
₹4.00
- Dividend yield0.54%
- Payout ratio10.34%
- 5-year average dividend₹2.30 a share
- Latest dividend₹3.00 per share · 21 Aug 2026
Corporate calendar
- MeetingAnnual General Meeting
- Dividend₹3.00 per share · 150% · Final dividend
- BoardQuarterly Results
- BoardAudited Results & Final Dividend
- MeetingPostal Ballot
- Dividend₹1.00 per share · 50% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- MeetingPostal Ballot
Show 14 older events
- BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹2.00 per share · 100% · Final dividend
- BoardQuarterly Results
- BoardAudited Results & Final Dividend
- MeetingPostal Ballot
- Dividend₹1.00 per share · 50% · Interim dividend
- BoardQuarterly Results & Interim Dividend
- BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹2.00 per share · 100% · Final dividend
- Dividend₹1.00 per share · 50% · Interim dividend
- Dividend₹1.50 per share · 75% · Final dividend
- Dividend₹1.00 per share · 50% · Special special dividend
About Jindal Stainless
Iron & Steel
Jindal Stainless Limited is a stainless-steel manufacturer. It is engaged in the manufacturing of stainless-steel flat products in austenitic, ferritic, martensitic and duplex grades. Its products include slabs, blooms, hot rolled (HR) coils, cold rolled (CR) coils, plates and specialty products. Blooms, as semi-finished stainless-steel products, are created using smaller mould sizes. CR produces smooth sheets and strips with precise dimensions and improved surface finishes. Plates are produced by continuously casting slabs, which are then hot rolled after undergoing annealing and pickling. Specialty Product Division serves the precision and specialty stainless steel needs of customers in India and abroad. These include coin blanks, blade steel and precision strips. HR primarily involves deforming the slab/bloom at high temperature and roll pressure. Its subsidiaries include PT. Jindal Stainless Indonesia, Evergreat International Investment Pte Ltd, Jindal Stainless FZE and others.
Key people
- Ratan JindalExecutive Chairman of the Board, Managing Director
- Tarun Kumar KhulbeChief Executive Officer, Whole Time Director
- Kunjal MehtaChief Financial Officer
- Jagmohan SoodChief Operating Officer, Whole Time Director
- Navneet RaghuvanshiCompliance Officer, Head - Legal and Company Secretary
- Abhyuday JindalManaging Director, Executive Director
Company facts
- NSE symbolJSL
- BSE code532508
- ISININE220G01021
- IndustryIron & Steel
- IndexNIFTY 500
- Market cap₹61,258 Cr
- Revenue (FY26)₹42,955 Cr
- Net profit (FY26)₹3,193 Cr
In the News
Recent headlines about Jindal Stainless — they open on Mint in a new tab.
- India is fighting CBAM. It should also help shape the rules
A country that skips the formal consultation process does not exempt itself from the resulting rules—it simply accepts an outcome written by others.
11 Sep 2026 · 4 min read · Mint ↗
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Frequently Asked Questions
Jindal Stainless (NSE: JSL) last traded at ₹743.15 on the NSE, down 2.03% (₹15.40) on the day, as of 24 Sep 2026, 8:52 AM IST. On the BSE it was ₹743.00. The day's range was ₹740.80 – ₹762.35.
Jindal Stainless's 52-week high is ₹883.25 (7 Jan 2026) and its 52-week low is ₹652.45 (11 Jun 2026). At ₹743.15 the share is 15.9% below its high and 13.9% above its low.
Jindal Stainless's market capitalisation is ₹61,258 Cr (₹61,258 Cr). It is part of the NIFTY 500 index.
Jindal Stainless's P/E ratio (trailing 12 months) is 18.86. The sector average is 17.25, so investors pay 9% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹39.39.
Jindal Stainless shares are down 5.30% over the last year, down 9.62% so far this year, up 4.74% over 6 months, up 9.14% over 3 months. Over the last year the stock did 3.91% better than the market.
In FY26 (year to Mar 2026), Jindal Stainless reported revenue of ₹42,955 Cr (up 9.27% on the year before) and a net profit of ₹3,193 Cr. Earnings per share were ₹38.70.
Yes. Jindal Stainless's latest dividend is ₹3.00 per share (150%, final dividend), with an ex-date of 21 Aug 2026. The dividend yield is 0.54%. It has paid 8 dividends in the records shown on this page.
As of Jun 2026: Promoter 62.05%, FII 20.45%, MF 3.45%, Other 14.05%.
Jindal Stainless's listed peers in Iron & Steel include JSW Steel, Lloyds Metals And Energy, Jindal Steel, Welspun Corp, Shyam Metalics and Energy. By market capitalisation it ranks #5 of 6 in this group.
No. Jindal Stainless has debt — its debt-to-equity ratio is 0.38 and total debt was ₹7,460 Cr in FY26. Its operating profit covers interest 29.04 times.