profit from every ₹100 of sales.
₹0₹100
Jindal Stainless
₹712.55+0.28% today
-10.7% in 1 year
1-year low ₹661.901-year high ₹865.65
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹18.38 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Jindal Stainless sold, what it kept, and what it did with the cash.
Sales went from ₹356 billion in 2023 to ₹430 billion in 2026, with ₹31.9 billion of profit last year.
SalesProfit
Jindal Stainless handed back 33% of the cash it generated last year.
₹2.4B
Free cash flow 2026₹7.4B
Bought back its own shares–
Paid as dividends₹2.4B
Cash vs. debt₹4.2B vs. ₹74.6B
Jindal Stainless vs. similar companies
Jindal Stainless grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Jindal Stainless | 18.4× · Fair price | ||
 Nucor | 32.5× · Expensive | ||
 ArcelorMittal | 15.0× · Cheap | ||
 JSW Steel | 14.8× · Cheap | ||
 Steel Dynamics | 27.5× · Fair price |
AI analysis
An AI analyst reads Jindal Stainless's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 355,741 | 384,143 | 393,122 | 429,547 | |
| 76,603 | 90,241 | 105,111 | 122,551 | |
| 27,969 | 36,395 | 37,105 | 45,001 | |
| 37,663 | 49,478 | 49,067 | 58,703 | |
| 21,145 | 27,132 | 25,052 | 31,935 | |
| 25.68 | 32.94 | 30.41 | – | |
| 21.5% | 23.5% | 26.7% | 28.5% | |
| 7.9% | 9.5% | 9.4% | 10.5% | |
| 5.9% | 7.1% | 6.4% | 7.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 271,155 | 308,173 | 361,581 | 407,036 |
| Cash | 4,699 | 12,297 | 6,325 | 4,151 |
| Total debt | 39,582 | 60,523 | 64,019 | 74,603 |
| Total liabilities | 151,479 | 164,427 | 194,498 | 208,215 |
| 119,312 | 143,579 | 166,879 | 197,913 | |
| 823 | 824 | 824 | – | |
| 14.4% | 15.0% | 12.8% | 13.2% | |
| 17.7% | 18.9% | 15.0% | 16.1% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 30,956 | 48,181 | 47,184 | 33,950 | |
| 16,557 | 14,749 | 18,855 | 26,582 | |
| 14,399 | 33,432 | 28,329 | 7,368 | |
| Dividends paid | – | 2,857 | 2,449 | 2,449 |
| – | – | – | – | |
| 0 | 92 | 395 | 467 |
Valuation
- 18.4×
- –
- –
- 2.8×
- 1.4×
- 79.7×
- 11.2×
- 1.3%
- 5.4%
- 0.4%
Profitability
- 28.5%
- 10.5%
- 7.4%
- –
- 13.2%
- 13.8%
- –
- –
- –
- –
Growth
- +6.5%
- –
- –
- –
- +0.4%
Financial health
- 1.2×
- 0.38
- –
- 8.5×
- 1.25
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 20%of 989
Top 48%of 954
Top 43%of 778
Top 41%of 940
Bottom 43%of 990
0.4%of the share price, paid each year
On $1,000 invested$4a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
7.7% of its profit
Room to growStretchedMore than it earns: 33.2%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
45No pass
Benjamin Graham
53No pass
Philip Fisher
39No pass
Peter Lynch
50No pass
Joel Greenblatt
41No pass
Charlie Munger
39No pass
Terry Smith
27No pass
Questions about Jindal Stainless
Is Jindal Stainless a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Jindal Stainless AI analysis
What does Jindal Stainless do?
Jindal Stainless Limited manufactures and sells stainless-steel flat products in India and internationally. It is in Steel, based in New Delhi, India.
Does Jindal Stainless pay a dividend?
Yes. At today's price the dividend is 0.4% a year, about 8% of its yearly profit. In 2026 it paid out ₹2.45 billion in dividends.
Is Jindal Stainless stock halal?
Yes. Jindal Stainless passes our halal screen: its business is permitted and its debt is 13% of its market value, under the 30% limit. How we check
How has Jindal Stainless stock done over the past year?
Down 10.7% over the past twelve months, to ₹712.55. It traded between ₹661.90 and ₹865.65 and is 17.7% below its high.
Who are Jindal Stainless's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, JSW Steel and Steel Dynamics. The peers table on this page compares their profit, growth and price with Jindal Stainless's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.