What is Jindal Stainless Ltd's PE ratio?

Jindal Stainless Ltd trades at a P/E ratio of 18.20.

What is Jindal Stainless Ltd's market cap?

Jindal Stainless Ltd's market capitalisation is ₹58,884 Cr.

When did Jindal Stainless Ltd last report results?

Jindal Stainless Ltd last reported Q4FY26 results on 4 May '26.

What is Jindal Stainless Ltd's ROE?

Jindal Stainless Ltd's return on equity (ROE) is 17.8%.

What sector is Jindal Stainless Ltd in?

Jindal Stainless Ltd (JSL) is classified in the Commodities sector (Iron & Steel).

Commodities · Iron & Steel

Jindal Stainless Ltd (JSL)

₹714.25

Mkt cap

₹58,884 Cr

P/E ratio

18.20

P/B

2.98

Div yield

0.42%

ROE

17.80%

ROCE

19.30%

EPS (TTM)

₹39.24

Book value

₹240

52W range

656–866

Sector

Commodities

Jindal Stainless Ltd is one of the largest manufacturers of Stainless Steel flat products, in Austenitic, Ferritic, Martensitic and Duplex grades in India used in a variety of industries like automobile, railways, construction, consumer goods etc. [1]

NSE JSLBSE 532508www.jindalstainless.com

Health check

Constructive

ValuationFair

ProfitabilityStrong

GrowthHigh

TechnicalsBearish

52-week range

−17.49% from high

₹714

₹656+8.87% from low₹866

Current

₹714.25

Prev close

₹714.70

Day

−0.06%

Price performance

−0.06%

−2.26%

+2.76%

−6.79%

−5.96%

+5.21%

YTD

−16.50%

Financials

F

Revenue, profit & margin

P/E ratio

18.2×

JSL is 0% above the sector median of 18.2×

JSL18.2×

Sector median18.2×

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	9,765	10,184	9,797	9,127	9,454	9,430	9,777	9,907	10,198	10,207	10,893	10,518	11,337
Expenses	8,621	8,992	8,566	7,881	8,419	8,219	8,590	8,714	9,165	8,911	9,519	9,110	9,882
Operating Profit	1,144	1,192	1,231	1,246	1,035	1,210	1,186	1,193	1,033	1,296	1,374	1,408	1,455
OPM %	12%	12%	13%	14%	11%	13%	12%	12%	10%	13%	13%	13%	13%
Other Income	78	76	140	52	53	51	47	99	87	69	107	77	84
Interest	83	100	156	146	153	143	159	161	150	144	141	134	149
Depreciation	181	188	222	236	233	232	241	242	241	252	262	269	278
Profit before tax	957	981	993	917	702	886	834	890	729	969	1,078	1,082	1,112
Tax %	25%	25%	23%	25%	29%	27%	27%	26%	19%	26%	25%	24%	25%
Net Profit	716	738	764	691	501	646	609	654	590	715	808	828	834
EPS in Rs	9.30	9.06	9.40	8.41	6.08	7.87	7.42	7.95	7.17	8.67	9.79	10.05	10.23
Raw PDF

Earnings

EResults dates & reactions

No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move −0.38% · closed higher next day 25 of last 57

	Q1FY24	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25	Q4FY25	Q1FY26	Q2FY26	Q3FY26	Q4FY26
Broadcast	27 Jul '23	20 Oct '23	18 Jan '24◦	16 May '24	30 Jul '24◦	18 Oct '24	29 Jan '25◦	8 May '25◦	6 Aug '25◦	10 Nov '25◦	21 Jan '26◦	4 May '26◦
Earnings day	+1.28%	+4.22%	+2.71%	+0.13%	−0.55%	−2.31%	+1.75%	−1.47%	−1.28%	+2.52%	+0.93%	+0.13%
+1 day	+4.65%	+0.66%	+1.38%	+3.55%	−1.11%	−8.11%	+2.45%	+3.70%	−6.89%	+0.76%	−0.53%	−1.55%
+5 days	+5.33%	−0.56%	−2.52%	+4.50%	−8.91%	−12.70%	−0.47%	+12.72%	−0.56%	+3.91%	+9.68%	−5.95%
+15 days	+11.24%	+7.93%	+4.05%	+16.34%	−1.99%	−7.29%	−5.51%	+9.60%	+2.91%	+5.26%	+1.90%	−6.51%
+30 days	+30.72%	+19.22%	+20.20%	+20.45%	+0.75%	−3.48%	−0.85%	+13.93%	+7.30%	+10.32%	−5.46%	−6.49%
Filing	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	PDF	PDF	PDF	XBRL	XBRL

Corporate actions

CLast 6 months

Kind	Value	Ex-date	Record
dividend Interim Dividend - Re 1 Per Share	—	29 Jan '26	29 Jan '26

Shareholding

Sas of Jun 2026

62.04%Promoter

Promoters62.04%

FIIs20.45%0.42

DIIs7.35%0.20

Public10.12%0.24

Ownership trend

Peers

P7 companies

Valuation vs quality

P/E × ROCE · bubble = market cap

Name	CMP	P/E	Mkt Cap	Div Yld	NP Qtr	Qtr Profit Var	Sales Qtr	Qtr Sales Var	ROCE
JSW Steel	₹1,240.80	25.20	3,03,432	0.57%	4,696	+112.96%	47,364	+9.77%	10.96%
Tata Steel	₹182.67	20.15	2,28,037	2.19%	2,965	+116.55%	63,270	+12.54%	12.52%
Jindal Steel	₹1,035.80	34.22	1,05,661	0.19%	844	−43.45%	15,482	+25.93%	9.70%
S A I L	₹161.45	13.81	66,687	0.99%	1,644	+134.30%	26,246	+1.25%	7.79%
Jindal Stain.	₹714.25	18.19	58,884	0.42%	834	+47.20%	11,337	+11.17%	19.30%
Sarda Energy	₹502.25	16.11	17,698	0.30%	155	+45.61%	1,254	+1.19%	17.39%
NMDC Steel	₹41.41	206.67	12,136	0.00%	392	+182.79%	3,879	+36.67%	3.06%
Median: 14 Co.	₹142.61	18.19	12,002	0.23%	236	+93.02%	1,745	+12.54%	9.73%

Filings

D

Annual reports15

Financial Year 2025bse Financial Year 2024bse Financial Year 2023bse Financial Year 2022bse Financial Year 2021bse Financial Year 2020bse Financial Year 2019bse Financial Year 2018bse Financial Year 2017bse Financial Year 2016bse Financial Year 2015bse Financial Year 2014bse Financial Year 2013nse Financial Year 2013bse Financial Year 2012bse

Credit ratings6

Rating update 20 Marcrisil Rating update 6 Janfitch Rating update 9 Oct 2025care Rating update 21 Mar 2025crisil Rating update 12 Mar 2025care Rating update 29 Nov 2024fitch

Announcements5

Announcement under Regulation 30 (LODR)-Press Release / Media Release 7h - Jindal Stainless wins six awards at 12th National Awards for Manufacturing Competitiveness.Announcement under Regulation 30 (LODR)-Press Release / Media Release 17 Jul - Supplied 40% stainless steel for India’s first hydrogen-powered train.Announcement under Regulation 30 (LODR)-Press Release / Media Release 9 Jul - Hisar and Jajpur units won multiple CII energy-efficiency awards after 200+ projects cut 1.05 million tCO₂e.Announcement under Regulation 30 (LODR)-Press Release / Media Release 25 Jun - Jindal Stainless appoints Kunjal Mehta as CFO effective June 25, 2026.Contact Details Of The Key Managerial Personnel Authorised For Determining The Materiality Of An Event Or Information. 25 Jun - Jindal Stainless updates KMP contact details for materiality disclosures effective 25 June 2026.