Jindal Stainless Limited
Jindal Stainless Limited operates in Iron & Steel, part of the Metals & Mining sector. It booked ₹12,874 cr of revenue in its latest quarter (Q2 FY27) and kept 6.9% of sales as profit. It is the 5th largest of 9 Iron & Steel companies we track, by market value.
Healthier than 59% of companies in Metals & Mining, on all six measures of filed financials. Each measure is ranked against the 8–27 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 39
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in JSL?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹12,874 cr |
| Other Income | ₹134 cr |
| Total Income | ₹13,008 cr |
| Cost of Materials | ₹9,708 cr |
| Purchases of Stock-in-Trade | ₹4 cr |
| Inventory Change (±) | ₹-685 cr |
| Employee Benefit Expense | ₹276 cr |
| Finance Costs | ₹165 cr |
| Depreciation & Amortisation | ₹299 cr |
| Other Expenses | ₹2,157 cr |
| Total Expenses | ₹11,923 cr |
| Exceptional Items | ₹116 cr |
| Profit before Tax | ₹1,201 cr |
| Tax Expense | ₹303 cr |
| Net Profit | ₹898 cr |
| Net margin on total income | 6.9% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 11,337 cr | 11,279 cr | 12,874 cr |
| Total income | 11,428 cr | 11,397 cr | 13,008 cr |
| Expenses | 10,270 cr | 10,363 cr | 11,923 cr |
| Profit before tax | 1,112 cr | 1,034 cr | 1,201 cr |
| Tax | 278 cr | 265 cr | 303 cr |
| Net profit (owners' share) | 844 cr | 769 cr | 895 cr |
| Net margin (owners' share, on revenue) | 7.4% | 6.8% | 6.9% |
| EPS (₹) | 10.24 | 9.34 | 10.85 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| JSW Steel Limited | ₹1,320 | ₹3.22 L cr | 15.3 | 18.6% | 9.7% | — |
| Tata Steel Limited | ₹177 | ₹2.20 L cr | 23.7 | 9.1% | 3.8% | — |
| JINDAL STEEL LIMITED | ₹1,105 | ₹1.12 L cr | 36.3 | 5.9% | 4.6% | — |
| Steel Authority of India Limited | ₹168 | ₹69,186 cr | 9.9 | 11.2% | 5.5% | — |
| Jindal Stainless Limitedthis company | ₹679 | ₹55,959 cr | 15.6 | 16.8% | 6.9% | — |
| Sarda Energy & Minerals Limited | ₹429 | ₹15,130 cr | 12.4 | 15.2% | 21.1% | — |
| NMDC Steel Limited | ₹38 | ₹11,230 cr | 50.4 | 1.5% | 1.4% | — |
| Vedanta Iron and Steel Limited | ₹26 | ₹10,166 cr | — | -21.3% | -11.2% | — |
| Sandur Manganese & Iron Ores Limited | ₹164 | ₹7,982 cr | 8.8 | 27.9% | 16.5% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹3 / share | 21 Aug 2026 |
| Dividend | ₹1 / share | 29 Jan 2026 |
| Dividend | ₹2 / share | 22 Aug 2025 |
| Dividend | ₹1 / share | 7 Feb 2025 |
| Dividend | ₹2 / share | 30 Aug 2024 |
| Dividend | ₹1 / share | 27 Oct 2023 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 25 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.