J

Jindal Stainless Limited

JSLNSE
Market snapshot · 2026-08-11 09:38 UTC

725.95

₹-6.80 (-0.93%)

MARKET CAP

₹59.81K Cr

STOCK P/E

18.5x

52W HIGH

₹884.00

52W LOW

₹652.25

BOOK VALUE

₹54.63

EPS

₹39.28

ROE

SECTOR

Materials

DEBT/EQUITY

37.52

VOLUME

3.00L

P/B RATIO

13.29x

PEG RATIO

2.43

Sector

Materials

Themes

Iron & SteelJindal GroupSavitri Jindal Portfolio
D
Dividend
E
Earnings
₹854.34₹812.03₹769.72₹727.41₹685.10VolumeDEEDEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Jindal Stainless is a stainless-steel flat-products manufacturer serving India and international markets. Its revenue spans slabs and blooms, hot-rolled coils, plates and sheets, and cold-rolled products. Razor-blade steel, precision strips, and long products add specialized exposure across automotive, railways, engineering, consumer durables, and construction. The 52.8-MW wind-power project could lower energy costs and support improving margins, although its earnings impact remains unquantified. Revenue grew 9.3% year-on-year, while profit increased 27.5%, indicating operating leverage and margin improvement. ROE is unavailable, while debt/equity of 37.52 implies substantial leverage and magnifies both returns and financial risk. At 18.7 times earnings, the stock appears fairly valued rather than discounted, broadly consistent with its growth profile. The key open question is whether margin gains persist amid stainless-steel pricing, energy costs, and high balance-sheet leverage.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for JSL.

15.00 analysts

Price Forecast

Current
₹725.95
High Target
₹1,000
▲ +37.8%
Median Target
₹875.00
▲ +20.5%
Low Target
₹790.00
▲ +8.8%
Now₹725.95High ₹1,000Median ₹875.00Low ₹790.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
15 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹607.53 - ₹911.5980%
6M₹572.59 - ₹1,01680%
12M₹534.29 - ₹1,20380%
Realized vol: +31.7% · Drift: +14.9%

Revenue Forecast

₹ Cr
Jun '26Current₹10,677.0
Sep 2026 ETrend estimate range
High₹12,113.5Base₹11,216.2Low₹10,318.9
Sep '25: ₹10,881.0 · Dec '25: ₹10,632.0 · Mar '26: ₹10,826.0 · Jun '26: ₹10,677.0 · Sep '26: ₹11,216.2 · Dec '26: ₹10,959.6
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E10,881.010,632.010,826.010,677.011,216.210,959.6
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹7.35
Sep 2026 ETrend estimate range
High₹8.69Base₹7.76Low₹6.83
Sep '25: ₹7.81 · Dec '25: ₹8.08 · Mar '26: ₹10.81 · Jun '26: ₹7.35 · Sep '26: ₹7.76 · Dec '26: ₹8.03
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E7.818.0810.817.357.768.03
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
63%
Analyst Consensus
Positive

From 15 analysts

Mean upside+21.2%

Fundamentals

Moderate

Fundamentals institutional score is 46 using growth durability 46.0.

Valuation

Premium valuation

Valuation institutional score is 36 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 82 using mean target upside 21.2%; dispersion penalty 9.5; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 82 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. analyst consensus and technical structure provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Strong TrendMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price880.2 target
Mean Upside+21.2%
Technical Score83%
Fundamental Score46%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 4.2% above historical median. Valuation is stable — currently in the overvalued zone (z-score: +0.48). Confidence: 85%.

Live forward EPS implies next-12-month EPS of ₹51.94. Applying the stock's normalized valuation corridor produces a fair range of ₹825.33 to ₹998.29, with base value near ₹920.90 (+26.9% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹51.94

Forward P/E

14.0x

Base Fair Value

₹920.90

Fair Range

₹825.33 - ₹998.29

Upside To Base

+26.9%

Estimate Source

Live forward EPS

Growth Estimate

+7.6%

P/E
Overvalued

5Y Average

12.67

Current

18.47

Overvalued

19.22

Undervalued

15.89

EV/EBITDA
Strongly Overvalued

5Y Average

4.64

Current

6.77

Overvalued

6.67

Undervalued

2.11

P/B
Strongly Overvalued

5Y Average

3.33

Current

13.28

Overvalued

3.83

Undervalued

2.83

Peers & Comparison

Sector: Materials · Theme: Iron & Steel

Iron & Steel Peers8 peers
Avg P/E: 209.8x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
TATA STEEL LIMITED
TATASTEELIron & Steel
+14.3%4.6%
21.2x
Undervalued
-90% vs avg
+18.8%
JINDAL STEEL LIMITED
JINDALSTELIron & Steel
+25.9%4.8%
41.0x
Undervalued
-80% vs avg
+12.7%
NAVA LIMITED
NAVAIron & Steel
+12.2%18.3%
20.8x
Undervalued
-90% vs avg
-7.8%
GODAWARI POW & ISP LTD
GPILIron & Steel
+34.8%13.9%
19.0x
Undervalued
-91% vs avg
+19.6%
GALLANTT ISPAT LIMITED
GALLANTTIron & Steel
11.1%
30.5x
Undervalued
-85% vs avg
-23.7%
LLOYDS ENTERPRISES LTD
LLOYDSENTIron & Steel
+47.1%16.1%
46.0x
Undervalued
-78% vs avg
+20.3%
KIOCL LIMITED
KIOCLIron & Steel
-10.6%2.7%
1402.3x
Premium
+568% vs avg
+16.8%
BHARAT FORGE LTD
BHARATFORGIron & Steel
+17.5%6.4%
97.8x
Undervalued
-53% vs avg
+81.6%
WHY THESE PEERS

JINDAL STAINLESS LIMITED trades at a discount (18.5x vs peer avg 209.8x), suggesting potential undervaluation relative to the Iron & Steel cohort. Peers include TATA STEEL LIMITED, JINDAL STEEL LIMITED, NAVA LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹10.68K CrJun 2026

Latest net profit

₹606 CrJun 2026

Latest EPS

₹7.35Jun 2026

Net margin

10.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%3.0%6.0%9.0%12.0%0.00 Cr3.00K Cr6.00K Cr9.00K Cr12.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr3.00K Cr6.00K Cr9.00K Cr12.00K Cr₹0₹3₹6₹9₹12
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr3.00K Cr6.00K Cr9.00K Cr12.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr9.00K Cr18.00K Cr27.00K Cr36.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +10,0279,7209,0889,5219,5859,74610,06610,78610,34110,88110,63210,82610,677
Expenses +8,9108,6518,0678,6938,5808,7399,0629,8959,2939,8219,5299,7159,648
Operating Profit1,1181,0701,0218271,0041,0071,0038901,0481,0601,1031,1111,028
OPM %11%11%11%9%10%10%10%8%10%10%10%10%10%
Other Income +44342309260821375111039980307124
Interest931049310397116120109100969294104
Depreciation174178182181179180189186189196200208233
Profit before tax8958229756367887938321,1078638678911,115815
Tax %26%26%20%25%27%26%26%16%26%26%25%20%26%
Net Profit +666609779476578589619925642644666892606
EPS in Rs8.087.409.465.797.027.167.5111.237.797.818.0810.817.35
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +61.10%61.23%61.22%62.04%62.04%
FIIs +21.26%21.42%21.53%20.87%20.45%
DIIs +7.09%7.08%7.23%7.15%7.35%
Public +10.55%10.18%9.93%9.88%10.12%
Others0.09%0.09%0.06%0.04%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Regulation 53 (1) Annual Report.

Aug 08, 2026PDFCompany Reports Open

Business Responsibility and Sustainability Reporting (BRSR)

Aug 08, 2026PDFCompany Reports Open

Annual Report FY26

Aug 08, 2026PDFCompany Reports Open

Reg. 34 (1) Annual Report.

Aug 08, 2026PDFCompany Reports Open

Concall Transcript - FY2027

Jul 28, 2026PDFKnowledge Base Open