JSL - Jindal Stainless Limited Share Price

Ferrous Metals

₹557.00-2.40(-0.43%)

Market Open as of Apr 28, 2025, 12:30 IST

What does Jindal Stainless Limited do?

Iron & Steel•Metals & Mining•Mid Cap

Jindal Stainless is an Iron & Steel company with the stock ticker JSL. It has a market capitalization of Rs. 53,924 Crores.

The company specializes in manufacturing and selling stainless-steel flat products both in India and internationally. Its diverse product range includes:

Ferro alloys
Stainless steel slabs and blooms
Hot rolled coils, plates, and sheets
Cold rolled coils and sheets
Razor blade steel
Precision strips
Long products

These products find applications across various sectors such as architecture, building and construction, automotive and transport, railway, consumer durable goods, and process industries.

Founded in 1970, Jindal Stainless is headquartered in New Delhi, India. The company's trailing 12 months revenue stands at Rs. 38,819.8 Crores.

Jindal Stainless is also committed to providing returns to its investors, distributing dividends with a yield of 0.46% per year. In the last 12 months, it returned Rs. 3 dividend per share. However, it's worth noting that the company has diluted its shareholdings in the past, with a 63.4% dilution over the last three years.

Despite this dilution, Jindal Stainless has experienced significant growth, achieving a 107.7% revenue growth over the same period.

Industry Group:Ferrous Metals

Employees:5,252

Website:www.jindalstainless.com

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Category	JSL	Ferrous
PE	19.12	44.76
PS	1.19	1.19
Growth	-0.5 %	-1.1 %

Share Holdings

Understand Jindal Stainless ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
JSL OVERSEAS HOLDING LTD	15.96%
JSL OVERSEAS LTD	12.29%
Virtuous Tradecorp Private Limited	7.41%
ELM PAPARK FUND LIMITED	4.8%
Sun Investments Pvt Ltd	3.33%
Savitri Devi Jindal	3.09%
ALBULA INVESTMENT FUND LTD	2.85%
Jindal Equipment Leasing And Consultancy Services Limited	2.05%
Jindal Strips Limited	1.9%
Hexa Securities And Finance Co Ltd	1.77%
Vrindavan Services Private Limited	1.77%
Jsl Limited	1.7%
Mansarover Tradex Limited	1.36%
ICICI PRUDENTIAL MUTUAL FUND	1.23%
Siddeshwari Tradex Private Limited	0.99%
Gagan Trading Company Pvt Limited	0.88%
Colorado Trading Co Pvt Ltd	0.74%
Nalwa Investments Limited	0.61%
Jindal Infrastructure And Utilities Limited	0.56%
Stainless Investments Limited	0.52%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Summary of Latest Earnings Report from Jindal Stainless

Summary of Jindal Stainless's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated: Feb 25

Management Outlook:
Jindal Stainless Limited (JSL) anticipates sustained growth in domestic stainless steel demand (11% CAGR), driven by infrastructure, railways, and processing industries. Export challenges persist due to geopolitical tensions and weak EU demand, but the company aims to offset this via niche markets (auto, elevators, white goods) and alternative shipping. Capacity expansion (Chromeni operational, Indonesia SMS plant by FY27) and raw material security (NPI ramp-up in Indonesia) are priorities. ESG focus continues, with renewable energy reaching 17% in Q3. Financial health remains robust, with controlled leverage (net debt/EBITDA: 0.9x) and a double-digit volume growth target for FY26.

Major Points:

Domestic Strength: 20% YoY domestic sales growth in Q3, 90% of total sales.
Export Challenges: Volumes down 26% YoY; EU demand weak, but diversification underway.
Projects: Chromeni boosts CR capacity; Indonesia SMS plant on track for FY27.
Margins: Stable EBITDA (INR 1,003 Cr in Q3); focus on value-added products (defense, nuclear, hydrogen).
ESG: Grid-renewables up to 17%, solar installations, and global safety accolades.
Financials: Net debt at INR 3,344 Cr (standalone); interim dividend approved.
Regulatory: Safeguard duty expected for stainless steel; monitoring US/EU trade policies.
Subsidiaries: Steady performance (INR 205 Cr EBITDA in Q3).

The company remains confident in India's growth trajectory, leveraging capacity expansion and sustainability to maintain leadership.

Q&A Session

Last updated: Feb 25

Question 1:
What is the outlook for the safeguard duty investigation on stainless steel imports, given that stainless steel products were initially excluded from the investigation?
Answer:
The steel and stainless steel safeguard duty applications are separate, with stainless steel filings slightly delayed. Authorities are engaged, and the company expects similar positive outcomes as seen in the steel industry, despite current exclusion.

Question 2:
Can you elaborate on product development in niche areas like defense, nuclear, and hydrogen economy?
Answer:
The company supplies stainless steel for defense (e.g., BrahMos missiles, ISRO satellites), nuclear projects, and emerging sectors like hydrogen infrastructure and ethanol blending. Focus remains on replacing corrosion-prone materials with stainless steel.

Question 3:
What is the revised FY25 volume guidance, and does it include Chromeni's contribution?
Answer:
Stand-alone FY25 volume guidance remains ~10% growth, excluding Chromeni (targeting ~30k tons in FY25). FY26 double-digit growth guidance includes Chromeni, though specifics depend on budget policies and global demand.

Question 4:
How does Chromeni's cold-rolled (CR) capacity impact product mix and margins?
Answer:
Chromeni boosts CR capacity (targeting 75% CR share vs. 45% earlier), aligning with global demand trends (~80% CR consumption). Margins benefit from higher value-added CR sales, though blended guidance includes Chromeni's gradual ramp-up.

Question 5:
What is the impact of potential US tariff changes under the Trump administration?
Answer:
US accounts for ~~15-20% of exports, already under 25% tariffs. The company anticipates sustained exports due to US supply deficits and infrastructure spending, prioritizing domestic growth (~~90% of sales) amid global uncertainties.

Question 6:
What caused the decline in EBITDA/ton, and how will margins improve?
Answer:
Lower export margins (due to EU price declines) and subdued nickel prices pressured EBITDA/ton. Focus on domestic demand, Chromeni's value-added CR sales, and stable raw material costs aim to offset these challenges.

Question 7:
What is the import intensity in India's stainless steel market, and how is it addressed?
Answer:
Imports account for ~30% of domestic consumption, mostly CR from China. Safeguard duty efforts and Chromeni's CR capacity aim to reduce import reliance while targeting niche domestic segments to protect margins.

Question 8:
How is the Indonesia JV (NPI project) progressing, and what are its benefits?
Answer:
The NPI plant operates at ~65% utilization, ramping up to full capacity by FY26. It secures low-cost nickel (Indonesia is the cheapest producer) and supports raw material stability despite current subdued nickel prices.

Question 9:
What are the updates on corporate restructuring (JCL, Indonesia CR mill)?
Answer:
JCL sale concludes in 4"“6 weeks, while Indonesia CR mill assets fetch ~$20M. Merging Chromeni with JSL (for tax benefits) is under evaluation, with potential FY27 savings.

Question 10:
How does CBAM affect operations, and what sustainability steps are taken?
Answer:
CBAM applies to stainless steel, but JSL proactively increased renewable energy share to 17% (from 1% in FY24) via solar installations. Emissions reduction aligns with long-term sustainability goals, irrespective of CBAM outcomes.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
JSWSTEEL	JSW SteelIron & Steel	2.51 LCr	1.71 LCr	-2.66%	+13.53%	75.93	1.47	-3.36%	-70.93%
TATASTEEL	TATA STEELIron & Steel	1.73 LCr	2.22 LCr	-10.89%	-17.20%	68.58	0.78	-5.52%	+164.84%
SAIL	Steel Authority of IndiaIron & Steel	47.42 kCr	1.02 LCr	+1.34%	-30.40%	21.11	0.46	-5.18%	-27.54%
RATNAMANI	Ratnamani Metals & TubesIron & Steel Products	18.78 kCr	5.06 kCr	-0.26%	-11.17%	35.33	3.71	-0.92%	-14.90%
SUNFLAG	Sunflag Iron & Steel Co.Iron & Steel	4.44 kCr	3.59 kCr	+7.14%	+13.76%	27.42	1.24	+7.36%	+15.32%

Investor Care
Dividend Yield	0.54%
Dividend/Share (TTM)	3
Shares Dilution (1Y)	0.04%
Diluted EPS (TTM)	29.29

Financial Health
Current Ratio	1.24
Debt/Equity	0.41
Debt/Cashflow	0.76

Cash Flow for Jindal Stainless

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	33.3%	393	295	317
Change in inventories	115.2%	279	-1,830.53	-1,110.45
Depreciation	5.9%	715	675	358
Impairment loss / reversal	-	3.68	0	0
Unrealised forex losses/gains	177.6%	34	-41.51	-7.76
Dividend income	-	200	0	0
Adjustments for interest income	176.9%	109	40	25
Share-based payments	-	8.55	0	0
Net Cashflows from Operations	24.8%	4,396	3,523	1,371
Income taxes paid (refund)	3.5%	713	689	234
Net Cashflows From Operating Activities	30%	3,683	2,834	1,136
Cashflows used in obtaining control of subsidiaries	-	1,380	0	0
Proceeds from sales of PPE	32.6%	9.59	7.48	2.34
Purchase of property, plant and equipment	-8.2%	1,229	1,338	754
Proceeds from sales of long-term assets	-101.4%	0	72	0
Dividends received	-	200	0	0
Interest received	331.2%	70	17	18
Other inflows (outflows) of cash	102.2%	17	-719.1	-40.42
Net Cashflows From Investing Activities	-19.6%	-2,830.59	-2,366.68	-774.28
Proceeds from issuing other equity instruments	-	0	0	109
Proceeds from borrowings	-12.1%	1,073	1,221	707
Repayments of borrowings	-34.6%	758	1,159	819
Payments of lease liabilities	-109.1%	0	12	0
Dividends paid	-	286	0	0
Interest paid	36.3%	373	274	215
Net Cashflows from Financing Activities	-61.2%	-362.61	-224.62	-222.91
Net change in cash and cash eq.	102.9%	490	242	139

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	70.7%	554	325	332
Change in inventories	128.6%	462	-1,608.54	-1,388.49
Depreciation	21.4%	879	724	371
Unrealised forex losses/gains	287.1%	32	-15.57	-4.36
Adjustments for interest income	114.6%	89	42	23
Share-based payments	-	9.21	0	0
Net Cashflows from Operations	44.3%	5,555	3,849	1,331
Income taxes paid (refund)	-2.3%	737	754	248
Net Cashflows From Operating Activities	55.6%	4,818	3,096	1,083
Cashflows used in obtaining control of subsidiaries	-	1,527	0	0
Proceeds from sales of PPE	232.9%	24	7.91	6.46
Purchase of property, plant and equipment	-10.9%	1,475	1,656	765
Proceeds from sales of long-term assets	-101.4%	0	72	0
Interest received	336.8%	84	20	16
Other inflows (outflows) of cash	67.2%	-236.99	-724.28	-40.42
Net Cashflows From Investing Activities	-34.6%	-3,340.16	-2,481.65	-782.86
Proceeds from issuing other equity instruments	-	0	0	109
Proceeds from borrowings	-28.3%	876	1,221	698
Repayments of borrowings	-33.7%	862	1,299	733
Payments of lease liabilities	-109.1%	0	12	0
Dividends paid	-	286	0	0
Interest paid	80.3%	533	296	231
Net Cashflows from Financing Activities	-114.4%	-829.35	-386.25	-163.17
Effect of exchange rate on cash eq.	-581.3%	0.23	1.16	0
Net change in cash and cash eq.	184.2%	649	229	137

Balance Sheet for Jindal Stainless

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-22.8%	727	942	949	452	88	189
Current investments	-82.9%	63	363	28	301	41	71
Loans, current	0%	21	21	9.42	7.26	7.94	7.07
Total current financial assets	3.3%	5,204	5,037	4,530	5,451	2,694	2,665
Inventories	8.2%	8,048	7,440	7,172	7,719	3,401	3,577
Current tax assets	-46.1%	91	168	190	226	0	0
Total current assets	5.7%	14,132	13,375	12,740	14,468	6,522	6,720
Property, plant and equipment	-1%	8,220	8,307	8,068	8,161	5,301	5,410
Capital work-in-progress	44.3%	1,342	930	888	509	1,418	343
Investment property	1.1%	476	471	451	457	0	0
Goodwill	0%	90	90	90	90	0	0
Non-current investments	28.4%	3,133	2,441	2,362	871	497	495
Loans, non-current	225.4%	2,282	702	146	104	87	86
Total non-current financial assets	64.3%	5,985	3,644	2,818	1,456	605	608
Total non-current assets	18.7%	16,783	14,143	13,354	11,672	8,077	7,083
Total assets	12.3%	30,915	27,518	26,093	26,140	14,600	13,803
Borrowings, non-current	5.2%	2,735	2,600	2,634	2,756	1,747	1,370
Total non-current financial liabilities	5.3%	2,839	2,696	2,710	2,832	1,824	1,449
Provisions, non-current	16.7%	50	43	38	34	8.96	7.57
Total non-current liabilities	3.6%	4,275	4,126	4,138	4,233	2,747	2,395
Borrowings, current	42.8%	1,708	1,196	783	734	1,529	1,424
Total current financial liabilities	23.5%	11,735	9,500	7,856	8,493	6,240	6,331
Provisions, current	1%	3.02	3	1.68	1.61	0.55	0.55
Current tax liabilities	-	0	0	174	225	0	0
Total current liabilities	23%	11,918	9,692	9,429	10,449	6,442	6,472
Total liabilities	17.2%	16,192	13,818	13,567	14,683	9,188	8,867
Equity share capital	0%	165	165	165	165	105	105
Total equity	7.5%	14,723	13,700	12,526	11,457	5,411	4,935
Total equity and liabilities	12.3%	30,915	27,518	26,093	26,140	14,600	13,803

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-24.9%	924	1,230	1,040	470	114	215
Current investments	-99.3%	3.54	344	114	301	41	71
Loans, current	1098.4%	62	6.09	0	0	0	0
Total current financial assets	1%	5,535	5,482	4,537	5,377	2,515	2,835
Inventories	9.8%	8,711	7,932	7,775	8,394	4,104	4,177
Current tax assets	-43.7%	113	200	242	225	0	0
Total current assets	3.3%	15,272	14,783	13,445	15,112	7,057	7,532
Property, plant and equipment	6.8%	12,167	11,395	11,285	8,546	5,466	5,568
Capital work-in-progress	46.6%	1,590	1,085	979	761	1,448	357
Investment property	-98.7%	9.86	662	632	470	0	0
Goodwill	368.9%	1,553	332	332	163	0.12	0.12
Non-current investments	2.7%	39	38	36	112	110	108
Loans, non-current	0.4%	246	245	0	67	80	79
Total non-current financial assets	6.7%	464	435	239	468	213	216
Total non-current assets	15.1%	18,462	16,035	15,644	12,028	8,386	7,330
Total assets	10.7%	34,113	30,817	29,089	27,140	15,443	14,862
Borrowings, non-current	-2.9%	4,429	4,563	4,618	2,792	1,786	1,418
Total non-current financial liabilities	-2.7%	4,549	4,675	4,703	2,885	1,863	1,497
Provisions, non-current	15.4%	61	53	49	43	15	12
Total non-current liabilities	-1.8%	6,287	6,399	6,382	4,222	2,762	2,428
Borrowings, current	39.9%	1,937	1,385	1,015	1,080	1,838	1,707
Total current financial liabilities	23.4%	12,109	9,816	9,230	10,696	6,755	7,040
Provisions, current	-21%	5.11	6.2	2.91	2.29	0.62	2.16
Current tax liabilities	-870%	0.23	1.1	0.58	0	1.32	14
Total current liabilities	22.9%	12,338	10,040	9,446	10,951	6,969	7,207
Total liabilities	13.3%	18,630	16,443	15,827	15,173	9,731	9,635
Equity share capital	0%	165	165	165	165	105	105
Non controlling interest	31.2%	22	17	18	36	42	41
Total equity	7.7%	15,483	14,375	13,262	11,968	5,712	5,227
Total equity and liabilities	10.7%	34,113	30,817	29,089	27,140	15,443	14,862

Income Statement for Jindal Stainless

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	3.3%	10,066	9,746	9,585	9,521	9,088	9,720
Other Income	67.9%	137	82	60	61	230	34
Total Income	3.8%	10,203	9,828	9,645	9,582	9,318	9,754
Cost of Materials	3.1%	6,928	6,721	6,729	6,057	6,588	6,088
Purchases of stock-in-trade	-4.8%	80	84	104	101	72	27
Employee Expense	6.3%	186	175	173	158	134	116
Finance costs	3.5%	120	116	97	103	93	104
Depreciation and Amortization	5%	189	180	179	181	182	178
Other expenses	10.9%	2,031	1,832	1,994	1,978	1,841	1,703
Total Expenses	3.7%	9,371	9,035	8,857	8,978	8,343	8,932
Profit Before exceptional items and Tax	4.9%	832	793	788	604	975	822
Exceptional items before tax	-	0	0	0	31	0	0
Total profit before tax	4.9%	832	793	788	636	975	822
Current tax	5.5%	212	201	211	141	203	201
Deferred tax	-113.5%	0.81	2.41	-0.86	18	-6.9	12
Total tax	4.4%	213	204	210	159	196	213
Total profit (loss) for period	5.1%	619	589	578	476	779	609
Other comp. income net of taxes	-	0	0	0	-8.91	0	0
Total Comprehensive Income	5.1%	619	589	578	467	779	609
Earnings Per Share, Basic	5.7%	7.51	7.16	7.02	5.79	9.46	7.4
Earnings Per Share, Diluted	5.9%	7.51	7.15	7.01	5.78	9.46	7.7
Debt equity ratio	0%	033	03	031	028	032	027
Debt service coverage ratio	-2.2%	0.0273	0.0486	0.0594	0.0453	-	0.0635
Interest service coverage ratio	-	-	-	-	-	-	-

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	9.5%	38,356	35,030	20,312	11,679	12,320	12,585
Other Income	250.5%	369	106	54	42	37	28
Total Income	10.2%	38,725	35,137	20,366	11,721	12,357	12,613
Cost of Materials	4.4%	25,770	24,678	14,485	7,294	7,644	7,988
Purchases of stock-in-trade	-0.4%	279	280	231	237	488	698
Employee Expense	16.6%	541	464	180	149	148	137
Finance costs	33.3%	393	295	317	464	567	614
Depreciation and Amortization	5.9%	715	675	358	373	409	335
Other expenses	3.8%	7,181	6,921	3,408	2,703	2,936	2,863
Total Expenses	9.2%	35,429	32,433	18,196	11,120	12,121	12,398
Profit Before exceptional items and Tax	21.9%	3,297	2,704	2,170	601	236	214
Exceptional items before tax	-	31	0	0	99	8.31	6.31
Total profit before tax	23.1%	3,328	2,704	2,170	700	244	221
Current tax	14.3%	761	666	168	0	0	0
Deferred tax	59.1%	36	23	327	272	91	82
Total tax	15.5%	797	690	496	272	91	82
Total profit (loss) for period	25.7%	2,531	2,014	1,674	428	153	139
Other comp. income net of taxes	-120.7%	-8.91	-3.49	-0.89	0.43	-1.01	-0.4
Total Comprehensive Income	25.4%	2,522	2,011	1,674	428	152	139
Earnings Per Share, Basic	26.7%	30.73	24.46	33.65	8.78	3.16	2.9
Earnings Per Share, Diluted	26.7%	30.72	24.46	32.39	8.65	3.16	2.9
Debt equity ratio	0%	028	03	-	-	-	0.0166
Debt service coverage ratio	-	0.0702	-	-	-	-	0.0108
Interest service coverage ratio	-	-	-	-	-	-	0.0189

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	1.3%	9,907	9,777	9,430	9,454	9,127	9,797
Other Income	113%	99	47	51	55	39	32
Total Income	1.9%	10,006	9,824	9,480	9,509	9,166	9,829
Cost of Materials	-0.2%	6,744	6,760	6,585	5,914	6,648	6,024
Purchases of stock-in-trade	2.4%	127	124	148	180	78	76
Employee Expense	6.8%	220	206	204	187	160	142
Finance costs	1.3%	161	159	143	153	146	156
Depreciation and Amortization	0.4%	242	241	232	233	236	222
Other expenses	14.2%	1,790	1,567	1,725	1,719	1,559	1,497
Total Expenses	1.4%	9,116	8,990	8,595	8,805	8,250	8,937
Profit Before exceptional items and Tax	6.7%	890	834	886	704	917	892
Exceptional items before tax	-	0	0	0	-1.66	0	101
Total profit before tax	6.7%	890	834	886	702	917	993
Current tax	3.1%	236	229	242	163	209	208
Deferred tax	73.7%	-0.39	-4.29	-2.28	39	17	21
Total tax	4.9%	236	225	240	201	226	229
Total profit (loss) for period	7.4%	654	609	646	501	691	764
Other comp. income net of taxes	812.4%	28	-2.79	1.09	-8.84	2.34	1.2
Total Comprehensive Income	12.4%	682	607	647	492	694	765
Earnings Per Share, Basic	8.3%	7.95	7.42	7.87	6.08	8.41	9.4
Earnings Per Share, Diluted	8.4%	7.95	7.41	7.86	6.07	8.41	9.4
Debt equity ratio	0%	042	041	043	041	046	043
Debt service coverage ratio	-1.7%	0.0277	0.0439	0.0527	0.0424	-	0.0536
Interest service coverage ratio	-	-	-	-	0.0711	-	-

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	8%	38,562	35,697	21,223	12,188	12,951	13,557
Other Income	34.4%	169	126	56	41	40	33
Total Income	8.1%	38,732	35,823	21,279	12,229	12,991	13,590
Cost of Materials	2.9%	25,594	24,882	15,054	7,458	8,218	8,695
Purchases of stock-in-trade	2.9%	457	444	231	237	488	698
Employee Expense	19.3%	643	539	209	178	205	212
Finance costs	70.7%	554	325	332	480	586	637
Depreciation and Amortization	21.4%	879	724	371	403	425	352
Other expenses	-7.8%	6,447	6,990	3,398	2,772	3,028	3,006
Total Expenses	6.6%	35,238	33,049	18,837	11,642	12,822	13,381
Profit Before exceptional items and Tax	25.9%	3,493	2,774	2,442	587	169	209
Exceptional items before tax	-	99	0	0	102	4.44	13
Total profit before tax	29.5%	3,592	2,774	2,442	690	173	222
Current tax	14.6%	802	700	194	0.73	1.26	2.73
Deferred tax	975.1%	97	-9.97	339	269	91	74
Total tax	30.3%	899	690	533	270	93	77
Total profit (loss) for period	29.2%	2,693	2,084	1,909	419	73	145
Other comp. income net of taxes	-19.6%	-7.84	-6.39	-9.71	3.59	7.34	-2.44
Total Comprehensive Income	29.3%	2,686	2,077	1,899	423	80	143
Earnings Per Share, Basic	29.5%	32.95	25.68	37.81	8.6	1.48	2.97
Earnings Per Share, Diluted	29.4%	32.94	25.68	36.39	8.48	1.48	2.97
Debt equity ratio	0.1%	041	032	-	-	-	-
Debt service coverage ratio	-	0.0595	-	-	-	-	-
Interest service coverage ratio	-	0.0879	-	-	-	-	-

Valuation
Market Cap	46.08 kCr
Price/Earnings (Trailing)	19.12
Price/Sales (Trailing)	1.19
EV/EBITDA	9.45
Price/Free Cashflow	17.05
MarketCap/EBT	13.91

Fundamentals
Revenue (TTM)	38.82 kCr
Rev. Growth (Yr)	9.16%
Rev. Growth (Qtr)	1.86%
Earnings (TTM)	2.41 kCr
Earnings Growth (Yr)	-5.35%
Earnings Growth (Qtr)	7.36%

Profitability
Operating Margin	8.54%
EBT Margin	8.53%
Return on Equity	15.57%
Return on Assets	7.07%
Free Cashflow Yield	5.87%

JSL - Jindal Stainless Limited Share Price

What does Jindal Stainless Limited do?

Sector Comparison: JSL vs Ferrous Metals

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Summary of Latest Earnings Report from Jindal Stainless

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Revenue (Last 12 mths)

Net Income (Last 12 mths)