Jindal Stainless Ltd.

JSL

₹633.4

0.06% (0.35)

Market Cap

₹52,173 Cr.

P/E

21.27

About

Jindal Stainless Limited (JSL) is a major stainless steel conglomerate in India and globally. Established in 1970, it leads in digital transformation in manufacturing through advanced technology solut… Read more

Jindal Stainless Limited (JSL) is a major stainless steel conglomerate in India and globally. … Read more

Low

527

52W Range

High

848

Timeline

Key company specific updates

Company Timeline

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Forensics

12 Yes

Positive for this company

1 Neutral

Neutral for this company

4 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Promoter Holding

Promoter has been buying shares from the open market over last 90 days
Retail Holding

Retail has been selling the stock which is usually a good time to buy
Revenue Recognition

Company is converting accounting profit to cash

Price & Performance

Working Capital

Working capital of the company seems to be under control
Debt

Company should not have issues servicing its debt
Sales Growth

Sales of the company has grown at a good pace
ROCE Strength

Roce of the company is consistently strong
Balance Sheet Strength

Balance sheet of the company is strong. it shouldnt have solvency or liquidity issues
Capex vs ROCE

Company has made significant capex which might be affecting its roce
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
ROE

Roe has decreased vs 10 year trend
Share price

Share price has increased over last 10 years but more due to rerating
Margin Stability

Margins of the company are volatile

Market Share

25 %

(as of Sep 21)

Source/Historic

Stainless Steel - Market Share

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Operational Metrics

Manufacturing Capacity - Stainless Steel (MTPA)
Source
Capacity Utilization - Stainless Steel (%)
Source
Realization/Tonne - Stainless Steel (Rs/MT)
Source
Quarterly Sales Volume - Stainless Steel (Million Tonnes)
Source
EBITDA/Tonne - Steel (Rs/Tonne)
Source

Peer Comparison

Suppliers

KEI Industries Ltd.
HEG Ltd.
Indian Metals & Ferro Alloys Ltd.
Maithan Alloys Ltd.
Orissa Bengal Carrier Ltd.

FAQs on Jindal Stainless Ltd. Business

What does Jindal Stainless do?

Jindal Stainless Limited (JSL) is a leading stainless steel conglomerate in India, known for its digital transformation journey and a wide range of stainless steel products including slabs, coils, plates, and precision strips.

Who are the competitors of Jindal Stainless?

Jindal Stainless major competitors are SAIL, Shyam Metalics&Ener, Sarda Energy&Mineral, Usha Martin, Gallantt Ispat, Lloyds Enterprises, Mishra Dhatu Nigam.
Market Cap of Jindal Stainless is ₹51,584 Crs.
While the median market cap of its peers are ₹10,846 Crs.

Is Jindal Stainless financially stable compared to its competitors?

Jindal Stainless seems to be less financially stable compared to its competitors.
Altman Z score of Jindal Stainless is 4.31 and is ranked 6 out of its 8 competitors.

View FAQ's On Shareprice

Company Filing

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Discussions & Analysis

Jindal Stainless Ltd.

Fireside Chat with Mr Abhyuday Jindal, Managing Director - B&K Securities

View the discussion on ValuePickr

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Stainless Steel

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Jindal Stainless Ltd.