Jindal Stainless LimitedJSLCorporate

Basic Materials Steel Latest results: Jun 2026 14 quarters of data
₹736.55
MCap ₹60,688 Cr · P/E 21.6
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹10,677 Cr
Sales · Jun 2026
+3.2% YoY
₹1,028 Cr
Operating Profit · Jun 2026
-1.8% YoY
9.6%
OPM % · Jun 2026
-5.0% YoY
₹606 Cr
Net Profit · Jun 2026
-5.6% YoY
₹7.35
EPS · Jun 2026
-5.6% YoY

📝 Jindal Stainless Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Jindal Stainless Limited reported revenue of ₹10,677 crore for the quarter ended June 2026 (Q1 FY27), up 3.2% from ₹10,341 crore in the same quarter last year, and down 1.4% sequentially over the March 2026 quarter.

Net profit fell 5.6% year-on-year to ₹606 crore, from ₹642 crore. Earnings per share (EPS) came in at ₹7.35.

Operating profit stood at ₹1,028 crore — an operating margin (OPM) of 9.6%, compared with 10.1% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Jindal Stainless Limited posted revenue of ₹42,680 crore, a growth of 6.2% over FY25, with a net profit of ₹2,843 crore (up 4.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹43,016 crore with a net profit of ₹2,808 crore.

Valuation snapshot

At the current price of ₹736.55, JSL has a market capitalisation of ₹60,688 crore and a trailing P/E of about 21.6.

Within the Steel industry, it is the 8th-largest of the 18 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 62.55%, foreign institutional investors (FIIs) 20.07%, domestic institutional investors (DIIs) 7.74%, public shareholders 9.61% of Jindal Stainless Limited.

Promoter holding rose from 62.04% to 62.55% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹60,688 Cr
Current Price ?
₹736.5
P/E ?
21.62below ind
Industry P/E ?
28.90
P/B ?
3.22
P/S ?
1.41
P/FCF ?
42.38
Enterprise Value ?
₹65,287 Cr
EV/EBITDA ?
15.17
PEG ?
1.97
Earnings Yield ?
5.3%
Dividend Yield ?
0.41%
Profitability & Returns
Sales (TTM) ?
₹43,016 Cr
OPM ?
10.0%
Profit after tax (TTM) ?
₹2,808 Cr
EPS (TTM) ?
₹34.08
ROCE ?
18.0%
ROE ?
14.9%
ROA ?
8.0%
Growth
Sales — latest qtr ?
₹10,677 Cr
PAT — latest qtr ?
₹606 Cr
YoY qtr sales growth ?
3.2%
YoY qtr profit growth ?
-5.6%
Sales growth (3y) ?
7%
Sales growth (5y) ?
30%
Profit growth (3y) ?
11%
Profit growth (5y) ?
49%
Financial Health
Debt ?
₹4,599 Cr
Debt to Equity ?
0.24
Interest Coverage ?
9.3
Current Ratio ?
N/A
Ownership
Promoter holding ?
62.55%
Change in promoter holding ?
1.45%
Pledged percentage ?
N/A
Market
Return 3 months ?
-0.1%
Return 6 months ?
-6.6%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 9,44410,0279,7209,0889,5219,5859,74610,06610,78610,34110,88110,63210,82610,677 +3.2% -1.4%
Operating Profit 1,0971,1181,0701,0218271,0041,0071,0038901,0481,0601,1031,1111,028 -1.8% -7.4%
Other Income 32443423061608213735910399106307124 +19.8% -59.6%
Interest 75931049310397116120109100969294104 +4.8% +11.1%
Depreciation 169174178182181179180189186189196200208233 +23.2% +11.8%
Profit Before Tax 8868958229756367887938321,1078638678911,115815 -5.5% -26.9%
Net Profit 659666609779476578589619925642644666892606 -5.6% -32.1%
EPS 8.008.087.409.465.797.027.167.5111.237.797.828.0810.817.35 -5.6% -32.0%
OPM % 11.6% 11.1% 11.0% 11.2% 8.7% 10.5% 10.3% 10.0% 8.3% 10.1% 9.7% 10.4% 10.3% 9.6% -5.0% -6.8%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹40,182 Cr ₹42,680 Cr ₹43,016 Cr +6.2%
Operating Profit ₹3,905 Cr ₹4,322 Cr ₹4,303 Cr +10.7%
OPM % 9.72% 10.13% 10.00% +4.2%
NPM % 6.75% 6.66% 6.53% -1.3%
Other Income ₹639 Cr ₹615 Cr ₹635 Cr -3.8%
Depreciation ₹735 Cr ₹793 Cr ₹837 Cr +7.8%
Interest ₹442 Cr ₹381 Cr ₹386 Cr -13.7%
EBIT ₹3,170 Cr ₹3,529 Cr ₹3,466 Cr +11.3%
PBT ₹3,519 Cr ₹3,736 Cr ₹3,689 Cr +6.2%
Tax ₹808 Cr ₹669 Cr ₹657 Cr -17.2%
Net Profit ₹2,711 Cr ₹2,843 Cr ₹2,808 Cr +4.9%
EPS ₹32.92 ₹34.50 ₹34.06 +4.8%
Material Cost ₹27,938 Cr ₹21,836 Cr ₹22,093 Cr -21.8%
Employee Cost ₹728 Cr ₹623 Cr ₹663 Cr -14.4%
Extraordinary Items ₹152 Cr ₹-26 Cr ₹-26 Cr -116.8%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 165165165165 +0.0%
Reserves 11,29213,53516,03218,702 +16.7%
Borrowings 3,5623,8864,4444,599 +3.5%
Other Liabilities 11,0969,93212,36911,501 -7.0%
Total Liabilities 26,11527,51833,01034,967 +5.9%
Fixed Assets 9,4559,5429,48810,916 +15.1%
CWIP 5209571,6211,396 -13.9%
Investments 1,1722,8043,4305,324 +55.2%
Other Assets 14,96814,21418,47117,332 -6.2%
Total Assets 26,11527,51833,01034,967 +5.9%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 2,8343,6834,2293,442 -18.6%
Cash from Investing Activity -2,367-2,831-4,505-3,226 +28.4%
Cash from Financing Activity -225-363-152-511 -236.2%
Net Cash Flow 242490-428-295 +31.1%
Free Cash Flow 1,5032,4642,6371,432 -45.7%
CFO/OP 99%114%127%100% -21.3%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 40293528 -20.0%
Inventory Days 117102113100 -11.5%
Days Payable 11795121102 -15.7%
Cash Conversion Cycle 39362726 -3.7%
Working Capital Days 301861 -83.3%
ROCE % 21%23%20%18% -10.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 61.10%61.23%61.22%62.04%62.55% +0.8%
FIIs 21.26%21.42%21.53%20.87%20.07% -3.8%
DIIs 7.09%7.08%7.23%7.15%7.74% +8.3%
Public 10.55%10.18%9.93%9.88%9.61% -2.7%
Others 0.01%0.09%0.08%0.06%— —
No. of Shareholders 2,19,2782,12,1252,09,0862,07,6132,03,646 -1.9%

⚖️ Peer comparison

Industry: Steel · 18 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 JSWSTEEL JSW Steel ₹1,253.70 306,006 11.1 189,687 27,995 16.6% 14.8% 9.9% 630.7% 9.8% 112.6%
2 TATASTEEL Tata Steel ₹183.00 228,280 20.7 239,756 11,264 15.1% 4.7% 6.2% 243.0% 14.3% 18.8%
3 JINDALSTEL Jindal Steel ₹1,104.00 112,331 41.4 56,454 2,709 16.5% 4.8% 7.0% 18.1% 25.8% -43.6%
4 LLOYDSME Lloyds Metals ₹1,802.00 101,379 20.8 22,083 4,920 36.8% 22.3% 157.3% 164.0% 208.6% 170.2%
5 SAIL Steel Authority ₹179.00 73,936 17.3 111,134 4,272 12.0% 3.8% 8.1% 42.2% 1.2% 120.8%
6 NMDC NMDC ₹81.89 71,996 9.6 32,127 7,458 28.8% 23.2% 34.8% 13.8% 0.8% 0.4%
7 WELCORP Welspun ₹2,424.50 63,935 27.7 17,300 2,319 13.9% 13.4% 20.0% -14.8% 14.9% 200.3%
8 JSL Jindal Stainless ₹751.20 61,895 19.1 44,026 3,238 12.7% 7.4% 9.3% 27.4% 10.5% 7.6%
9 APLAPOLLO APL Apollo ₹2,149.30 59,677 48.5 23,064 1,229 8.0% 5.3% 9.4% 42.9% 8.4% 126.7%
10 SHYAMMETL Shyam Metalics ₹1,076.90 29,973 26.6 19,574 1,121 12.9% 5.7% 22.5% 16.6% 23.5% 20.7%
11 KIOCL KIOCL ₹356.85 21,688 n/m 680 38 -0.8% 5.7% 3.8% 107.9% 73.8% 59.0%
12 RATNAMANI Ratnamani Metals ₹2,827.00 19,815 41.9 4,495 534 16.9% 11.9% -13.3% -1.3% -36.7% -42.9%
13 JINDALSAW Jindal Saw ₹306.10 19,518 29.3 18,501 498 9.5% 2.7% -14.1% -36.5% 5.6% -74.5%
14 SARDAEN Sarda Energy ₹523.50 18,447 16.3 5,666 1,151 32.2% 20.3% 22.6% 60.7% -1.5% 9.5%
15 GPIL Godawari Power ₹239.40 15,575 19.2 5,808 808 21.7% 13.9% 0.1% -1.4% 32.3% 2.9%
16 USHAMART Usha Martin ₹478.85 14,576 28.8 3,837 508 20.0% 13.2% 6.3% 15.0% 16.4% 40.9%
17 GALLANTT Gallantt Ispat ₹550.00 13,270 27.3 4,420 486 16.2% 11.0% 3.0% 21.3% 12.4% 6.0%
18 BLEL Behari Lal ₹485.65 — — — — — — — — 18.5% 28.0%
❓ Frequently asked questions
What was Jindal Stainless Limited's revenue in Q1 FY27?
Jindal Stainless Limited reported revenue of ₹10,677 crore for the quarter ended June 2026 (Q1 FY27), up 3.2% from ₹10,341 crore in the same quarter last year, and down 1.4% sequentially over the March 2026 quarter.
What was Jindal Stainless Limited's net profit in Q1 FY27?
Net profit fell 5.6% year-on-year to ₹606 crore, from ₹642 crore. Earnings per share (EPS) came in at ₹7.35.
What is JSL's market capitalisation and P/E ratio?
At the current price of ₹736.55, JSL has a market capitalisation of ₹60,688 crore and a trailing P/E of about 21.6.
Who owns Jindal Stainless Limited? (shareholding pattern)
As of Sep 2026, promoters held 62.55%, foreign institutional investors (FIIs) 20.07%, domestic institutional investors (DIIs) 7.74%, public shareholders 9.61% of Jindal Stainless Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI