JSL
Jindal Stainless Limited (JSL) Stock Analysis
Jindal Stainless Limited is India's largest stainless steel producer making coils and plates for utensils, process industry, and autos. It serves domestic and export customers with multiple grades. The company is expanding specialty stainless capacity. It is a listed metal major.
Basic Materials › Steel
₹709.00
-3.23% 1W | -5.20% 52W
Market Cap
58.4k CR
P/E Ratio
18
52W High
₹884
52W Low
₹652.2
Div. Yield
0.57%
Beta
0.6
50 DMA
₹734.7
200 DMA
₹743.9
Profit Margin
7.4%
Inst. Own.
16.5%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,184 | 9,797 | 9,127 | 9,454 | 9,430 | 9,777 | 9,907 | 10,198 | 10,207 | 10,893 | 10,518 | 11,337 | 11,279 |
| Expenses | 8,992 | 8,566 | 7,881 | 8,419 | 8,219 | 8,590 | 8,714 | 9,165 | 8,911 | 9,519 | 9,110 | 9,882 | 9,949 |
| Operating Profit | 1,192 | 1,231 | 1,246 | 1,035 | 1,210 | 1,186 | 1,193 | 1,033 | 1,296 | 1,374 | 1,408 | 1,455 | 1,329 |
| OPM % | 12% | 13% | 14% | 11% | 13% | 12% | 12% | 10% | 13% | 13% | 13% | 13% | 12% |
| Other Income | 76 | 140 | 52 | 53 | 51 | 47 | 99 | 87 | 69 | 107 | 77 | 84 | 153 |
| Interest | 100 | 156 | 146 | 153 | 143 | 159 | 161 | 150 | 144 | 141 | 134 | 149 | 146 |
| Depreciation | 188 | 222 | 236 | 233 | 232 | 241 | 242 | 241 | 252 | 262 | 269 | 278 | 302 |
| Profit before tax | 981 | 993 | 917 | 702 | 886 | 834 | 890 | 729 | 969 | 1,078 | 1,082 | 1,112 | 1,034 |
| Tax % | 25% | 23% | 25% | 29% | 27% | 27% | 26% | 19% | 26% | 25% | 24% | 25% | 26% |
| Net Profit | 738 | 764 | 691 | 501 | 646 | 609 | 654 | 590 | 715 | 808 | 828 | 834 | 769 |
| EPS in Rs | 9.06 | 9.40 | 8.41 | 6.08 | 7.87 | 7.42 | 7.95 | 7.17 | 8.67 | 9.79 | 10.05 | 10.23 | 9.33 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6,933 | 7,144 | 9,279 | 11,638 | 13,557 | 12,951 | 12,188 | 32,733 | 35,697 | 38,562 | 39,312 | 42,955 | 44,026 |
| Expenses | 6,564 | 6,571 | 8,113 | 10,294 | 12,392 | 11,819 | 10,764 | 27,642 | 32,111 | 34,052 | 34,844 | 37,473 | 38,460 |
| Operating Profit | 368 | 573 | 1,166 | 1,343 | 1,165 | 1,132 | 1,424 | 5,090 | 3,586 | 4,511 | 4,469 | 5,482 | 5,566 |
| OPM % | 5% | 8% | 13% | 12% | 9% | 9% | 12% | 16% | 10% | 12% | 11% | 13% | 13% |
| Other Income | 1,238 | -14 | 63 | 62 | 45 | 44 | 148 | 171 | 236 | 515 | 438 | 388 | 421 |
| Interest | 942 | 1,030 | 788 | 566 | 637 | 586 | 480 | 344 | 325 | 554 | 612 | 568 | 570 |
| Depreciation | 411 | 316 | 325 | 320 | 352 | 425 | 403 | 759 | 724 | 879 | 956 | 1,060 | 1,111 |
| Profit before tax | 253 | -788 | 116 | 520 | 222 | 165 | 690 | 4,159 | 2,774 | 3,592 | 3,339 | 4,242 | 4,307 |
| Tax % | 0% | -29% | 28% | 34% | 35% | 56% | 39% | 25% | 25% | 25% | 25% | 25% | |
| Net Profit | 253 | -556 | 83 | 346 | 145 | 73 | 419 | 3,109 | 2,084 | 2,693 | 2,500 | 3,185 | 3,239 |
| EPS in Rs | 11.17 | -24.05 | 2.04 | 7.16 | 2.97 | 1.46 | 8.60 | 58.59 | 25.68 | 32.95 | 30.41 | 38.74 | 39.40 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 9% | 10% | 10% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 6.0% | 29.0% | 20.0% |
| Profit CAGR | 15.0% | 55.0% | 23.0% |
Shareholding Pattern
Promoters61.10%
FIIs21.26%
DIIs7.09%
Public10.55%
Promoters61.23%
FIIs21.42%
DIIs7.08%
Public10.18%
Promoters61.22%
FIIs21.53%
DIIs7.23%
Public9.93%
Promoters62.04%
FIIs20.87%
DIIs7.15%
Public9.88%
Promoters62.04%
FIIs20.45%
DIIs7.35%
Public10.12%
Promoters57.95%
FIIs21.92%
DIIs6.15%
Public13.99%
Promoters60.49%
FIIs20.83%
DIIs6.62%
Public12.06%
Promoters60.87%
FIIs21.37%
DIIs6.91%
Public10.80%
Promoters62.04%
FIIs20.87%
DIIs7.15%
Public9.88%
Promoters62.04%
FIIs20.45%
DIIs7.35%
Public10.12%
JSL
Holdings Analysis
Key strengths & risk signals
66
Overall
74
Fundamental
59
Technical
Risks (4)
LOW MARGIN! 7.4% profit margin - thin profits.
WEAK POSITION! Current price (709.0) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.2% (1 week), 9.5% (1 month), 1.0% (3 months).
BEARISH TREND! 50-day average (734.7) is below 200-day average (743.9) - negative signal.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 1,302,742 vs down days: 837,299. Ratio: 1.56x
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
NEUTRAL! RSI at 41.5 - balanced momentum.
Fundamental & Technical Analysis
66Overall
74Fundamental
59Technical
Fundamental Breakdown
Growth Quality
19/30
Revenue CAGR: 6.4% (MODERATE, 8/15). Profit CAGR: 14.7% (GOOD, 11/15).
Profit Margin
3/10
LOW MARGIN! 7.4% profit margin - thin profits.
PEG Valuation
9/10
FAIRLY VALUED! PEG of 1.22 indicates reasonable valuation.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.57% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 13.85% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (734.7) is below 200-day average (743.9) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (709.0) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
3/10
WEAK YEAR! Stock declined 5.2% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 1,302,742 vs down days: 837,299. Ratio: 1.56x
RSI
3/5
NEUTRAL! RSI at 41.5 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 24.5% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.2% (1 week), 9.5% (1 month), 1.0% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
JSL
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-10 | Concall PDF | |
| Q4FY262026-05-09 | Concall PDF | |
| Q2FY262026-01-28 | Concall PDF |
Peer Comparison
Basic Materials · Steel · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JSL | ₹709.00 | 18 | 7.4% | 6.4% | 14.7% | -5.2% | 66 | BREAKDOWN | +7.7% | -8.8% | +10.5% | -0.5% |
| APLAPOLLO | ₹2,114.10 | 47.8 | 5.2% | 12.6% | 23.3% | +22.8% | 65 | BREAKDOWN | +10.9% | -25.8% | +8.7% | -10.5% |
| NMDC | ₹71.80 | 8.7 | 23.2% | 22.0% | 10.0% | -8.3% | 66 | BREAKDOWN | +0.4% | -2.5% | +0.8% | -40.1% |
| WELCORP | ₹2,640.40 | 30.2 | 13.3% | 19.5% | 98.4% | +212.6% | 80 | BREAKDOWN | +198.7% | +182.5% | +14.9% | -5.4% |
| SAIL | ₹171.60 | 16.6 | 3.8% | 2.0% | 15.7% | +25.8% | 63 | BREAKDOWN | +120.8% | -10.4% | +1.2% | -14.8% |
| SHYAMMETL | ₹1,060.10 | 26.4 | 5.7% | 13.6% | 7.9% | +14.5% | 77 | BOUNCE FROM SUPPORT | +18.1% | +8.1% | +23.3% | +4.1% |
| KIOCL | ₹358.80 | 296.5 | 5.7% | -26.6% | – | -31.2% | 47 | CONSOLIDATING DOWN | -59.0% | -129.0% | +73.8% | -27.6% |
| LLOYDSME | ₹1,815.50 | 21.3 | 21.5% | 71.4% | – | +36.6% | 74 | BREAKOUT | +164.9% | +21.6% | +206.6% | +21.6% |
Data from TradeAlone · Updated daily
JSL News
Jindal Stainless Limited (JSL) Wins Three Sustainability Recognitions for Hisar Unit2026-10-10Jindal Stainless Limited Renews Lubricants Partnership with Indian Oil for Five Years2026-10-05Jindal Stainless Limited (JSL) Wins Gold at Brandon Hall HCM Awards 2026 for Talent Development Programs2026-09-24Jindal Stainless Partners with Nasscom’s Futureskills Prime to Enhance Workforce Digital Capabilities2026-09-23Jindal Stainless Limited (JSL) Wins Dual Recognition at CII National Energy Management Awards 20262026-09-22Jindal Stainless Limited (JSL) Gains NCVET Recognition for Awarding Body Status2026-09-18Jindal Stainless Integrates ESG Risk Intelligence into Supplier Management2026-09-09Jindal Stainless Limited (JSL) Partners with JFE Steel for Technical Assistance in Ferritic Stainless Steel2026-09-07Jindal Stainless Limited (JSL) Wins Two Honours at People Matters Infini-t Awards 20262026-08-19Jindal Stainless Limited (JSL) Unveils Strategic Roadmap for Sustainable Growth in FY26 Integrated Annual Report2026-08-13Jindal Stainless Limited (JSL) Q1 FY27: Net Revenue Up 10.5% Yoy2026-08-03Jindal Stainless Limited (JSL) Wins Three Awards at TQM Convention 20262026-07-31Jindal Stainless Limited (JSL) Wins Six Awards at the 12th National Awards for Manufacturing Competitiveness2026-07-24Jindal Stainless Limited (JSL) Supplies Stainless Steel for India’s First Hydrogen-powered Train2026-07-17Jindal Stainless Limited (JSL) Wins Multiple CII National Awards for Energy Efficiency2026-07-09
