Jindal Stainless Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 1:40 pm

Market Cap	53,924 Cr.
Current Price	655
High / Low	848/568
Stock P/E	22.4
Book Value	188
Dividend Yield	0.46 %
ROCE	22.2 %
ROE	19.9 %
Face Value	2.00
PEG Ratio	0.81

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Jindal Stainless Ltd

Competitors of Jindal Stainless Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Elango Industries Ltd	3.61 Cr.	9.45	19.4/9.01		10.1	0.00 %	3.45 %	3.45 %	10.0
Ashnisha Industries Ltd	39.0 Cr.	3.86	7.74/3.25	144	5.91	0.00 %	1.84 %	1.64 %	1.00
Usha Martin Ltd	10,145 Cr.	333	451/273	24.6	84.5	0.83 %	22.1 %	19.2 %	1.00
Shah Alloys Ltd	93.3 Cr.	47.1	113/43.3		1.08	0.00 %	5.46 %	43.8 %	10.0
Mukand Ltd	1,468 Cr.	102	193/86.0	15.6	65.1	1.97 %	10.8 %	11.5 %	10.0
Industry Average	21,845.67 Cr	191.74		51.65	59.12	0.54%	10.98%	16.58%	5.67

All Competitor Stocks of Jindal Stainless Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	5,670	9,726	8,119	8,751	9,062	9,765	10,184	9,797	9,127	9,454	9,430	9,777	9,907
Expenses	4,873	8,314	7,229	8,066	8,194	8,621	8,992	8,566	7,881	8,419	8,219	8,590	8,714
Operating Profit	797	1,412	889	685	868	1,144	1,192	1,231	1,246	1,035	1,210	1,186	1,193
OPM %	14%	15%	11%	8%	10%	12%	12%	13%	14%	11%	13%	12%	12%
Other Income	43	47	50	35	74	78	76	140	52	53	51	47	99
Interest	93	82	79	87	76	83	100	156	146	153	143	159	161
Depreciation	93	184	179	182	181	181	188	222	236	233	232	241	242
Profit before tax	654	1,193	682	450	685	957	981	993	917	702	886	834	890
Tax %	32%	25%	26%	23%	25%	25%	25%	23%	25%	29%	27%	27%	26%
Net Profit	442	895	508	347	513	716	738	764	691	501	646	609	654
EPS in Rs	8.64	16.70	9.48	6.72	9.47	9.30	9.06	9.40	8.41	6.08	7.87	7.42	7.95

Last Updated: February 28, 2025, 7:04 pm

Below is a detailed analysis of the quarterly data for Jindal Stainless Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹9,907.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,777.00 Cr. (Sep 2024) to ₹9,907.00 Cr., marking an increase of ₹130.00 Cr..
For Expenses, as of Dec 2024, the value is ₹8,714.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8,590.00 Cr. (Sep 2024) to ₹8,714.00 Cr., marking an increase of ₹124.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹1,193.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,186.00 Cr. (Sep 2024) to ₹1,193.00 Cr., marking an increase of ₹7.00 Cr..
For OPM %, as of Dec 2024, the value is 12.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 12.00%.
For Other Income, as of Dec 2024, the value is ₹99.00 Cr.. The value appears strong and on an upward trend. It has increased from 47.00 Cr. (Sep 2024) to ₹99.00 Cr., marking an increase of ₹52.00 Cr..
For Interest, as of Dec 2024, the value is ₹161.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 159.00 Cr. (Sep 2024) to ₹161.00 Cr., marking an increase of ₹2.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹242.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 241.00 Cr. (Sep 2024) to ₹242.00 Cr., marking an increase of ₹1.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹890.00 Cr.. The value appears strong and on an upward trend. It has increased from 834.00 Cr. (Sep 2024) to ₹890.00 Cr., marking an increase of ₹56.00 Cr..
For Tax %, as of Dec 2024, the value is 26.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Sep 2024) to 26.00%, marking a decrease of 1.00%.
For Net Profit, as of Dec 2024, the value is ₹654.00 Cr.. The value appears strong and on an upward trend. It has increased from 609.00 Cr. (Sep 2024) to ₹654.00 Cr., marking an increase of ₹45.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 7.95. The value appears strong and on an upward trend. It has increased from ₹7.42 (Sep 2024) to 7.95, marking an increase of ₹0.53.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:49 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	11,244	12,810	6,933	7,144	9,279	11,638	13,557	12,951	12,188	32,733	35,697	38,562	38,568
Expenses	10,536	11,800	6,564	6,571	8,113	10,294	12,392	11,819	10,764	27,642	32,111	33,858	33,943
Operating Profit	709	1,010	368	573	1,166	1,343	1,165	1,132	1,424	5,090	3,586	4,704	4,625
OPM %	6%	8%	5%	8%	13%	12%	9%	9%	12%	16%	10%	12%	12%
Other Income	-149	-374	1,238	-14	63	62	45	44	148	171	236	321	251
Interest	1,043	1,295	942	1,030	788	566	637	586	480	344	325	554	615
Depreciation	740	728	411	316	325	320	352	425	403	759	724	879	948
Profit before tax	-1,224	-1,387	253	-788	116	520	222	165	690	4,159	2,774	3,592	3,312
Tax %	-31%	-1%	0%	-29%	28%	34%	35%	56%	39%	25%	25%	25%
Net Profit	-842	-1,367	253	-556	83	346	145	73	419	3,109	2,084	2,693	2,410
EPS in Rs	-41.19	-63.52	11.17	-24.05	2.04	7.16	2.97	1.46	8.60	58.59	25.68	32.95	29.32
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	10%	9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-62.35%	118.51%	-319.76%	114.93%	316.87%	-58.09%	-49.66%	473.97%	642.00%	-32.97%	29.22%
Change in YoY Net Profit Growth (%)	0.00%	180.86%	-438.27%	434.69%	201.94%	-374.96%	8.44%	523.63%	168.03%	-674.97%	62.19%

Jindal Stainless Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	12%
5 Years:	23%
3 Years:	47%
TTM:	-1%

Compounded Profit Growth
10 Years:	17%
5 Years:	79%
3 Years:	94%
TTM:	-15%

Stock Price CAGR
10 Years:	44%
5 Years:	83%
3 Years:	54%
1 Year:	-1%

Return on Equity
10 Years:	%
5 Years:	23%
3 Years:	25%
Last Year:	20%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 10:30 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	41	43	45	46	80	96	96	97	97	105	165	165	165
Reserves	1,299	16	-214	1,666	1,734	2,369	2,495	2,620	3,108	9,718	11,766	14,193	15,297
Borrowings	11,601	11,927	11,289	10,347	5,888	5,015	4,388	3,903	3,230	4,007	3,958	6,052	6,473
Other Liabilities	4,309	4,446	2,898	2,798	3,208	3,354	3,736	4,057	4,300	8,746	11,226	10,355	12,178
Total Liabilities	17,250	16,431	14,018	14,858	10,909	10,834	10,715	10,678	10,735	22,576	27,115	30,765	34,113
Fixed Assets	10,157	9,780	7,552	6,863	6,609	6,342	6,345	6,181	5,855	8,646	9,961	13,254	14,581
CWIP	161	157	144	70	29	144	29	15	58	525	773	1,112	1,590
Investments	22	18	14	393	404	439	454	449	456	626	970	1,246	1,273
Other Assets	6,910	6,476	6,308	7,532	3,868	3,909	3,887	4,033	4,365	12,779	15,411	15,152	16,669
Total Assets	17,250	16,431	14,018	14,858	10,909	10,834	10,715	10,678	10,735	22,576	27,115	30,765	34,113

Below is a detailed analysis of the balance sheet data for Jindal Stainless Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹165.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹165.00 Cr..
For Reserves, as of Sep 2024, the value is ₹15,297.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹14,193.00 Cr. (Mar 2024) to ₹15,297.00 Cr., marking an increase of 1,104.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹6,473.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹6,052.00 Cr. (Mar 2024) to ₹6,473.00 Cr., marking an increase of 421.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹12,178.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹10,355.00 Cr. (Mar 2024) to ₹12,178.00 Cr., marking an increase of 1,823.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹34,113.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹30,765.00 Cr. (Mar 2024) to ₹34,113.00 Cr., marking an increase of 3,348.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹14,581.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹13,254.00 Cr. (Mar 2024) to ₹14,581.00 Cr., marking an increase of 1,327.00 Cr..
For CWIP, as of Sep 2024, the value is ₹1,590.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,112.00 Cr. (Mar 2024) to ₹1,590.00 Cr., marking an increase of 478.00 Cr..
For Investments, as of Sep 2024, the value is ₹1,273.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,246.00 Cr. (Mar 2024) to ₹1,273.00 Cr., marking an increase of 27.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹16,669.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹15,152.00 Cr. (Mar 2024) to ₹16,669.00 Cr., marking an increase of 1,517.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹34,113.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹30,765.00 Cr. (Mar 2024) to ₹34,113.00 Cr., marking an increase of 3,348.00 Cr..

Notably, the Reserves (₹15,297.00 Cr.) exceed the Borrowings (6,473.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	282	958	554	966	5,115	1,452	1,419	1,180	1,308	1,038	3,096	4,818
Cash from Investing Activity +	-74	-136	-1	1,053	-30	-194	-192	-186	-152	-985	-2,480	-3,229
Cash from Financing Activity +	-282	-891	-580	-1,972	-5,106	-1,257	-1,237	-991	-1,119	101	-386	-829
Net Cash Flow	-73	-69	-28	47	-21	1	-11	4	37	154	229	760

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	698.00	-10.00	357.00	563.00	-4.00	-4.00	-3.00	-2.00	-2.00	1.00	0.00	-2.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	63	48	57	48	35	28	25	20	28	43	37	27
Inventory Days	175	158	147	154	133	116	96	117	130	116	125	108
Days Payable	146	125	104	143	119	104	99	113	123	98	117	95
Cash Conversion Cycle	91	81	101	59	50	41	22	23	35	61	46	41
Working Capital Days	80	51	173	195	1	13	1	-6	15	48	41	36
ROCE %	0%	3%	-0%	2%	9%	14%	12%	11%	16%	44%	21%	22%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	69.87%	70.10%	70.09%	70.09%	57.95%	57.95%	57.94%	58.68%	60.49%	60.48%	60.48%	60.70%
FIIs	15.10%	13.77%	12.71%	13.05%	21.92%	22.20%	23.37%	22.56%	20.83%	22.49%	22.78%	22.16%
DIIs	6.31%	5.86%	6.48%	7.21%	6.15%	6.01%	5.42%	5.81%	6.62%	6.25%	5.86%	6.26%
Public	8.72%	10.27%	10.71%	9.64%	13.99%	13.85%	13.26%	12.94%	12.06%	10.78%	10.86%	10.81%
Others	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.04%
No. of Shareholders	1,10,268	1,31,174	1,31,244	1,14,652	1,46,581	1,39,365	1,52,709	1,66,183	1,87,726	2,02,103	2,09,910	2,11,924

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HSBC Value Fund	7,379,629	3.52	326.59	3,175,026	2025-03-11	132.43%
Quant Small Cap Fund	3,175,026	1.48	140.51	3,175,026	2025-03-11	0%
ICICI Prudential MidCap Fund	2,464,776	2.57	109.08	3,175,026	2025-03-11	-22.37%
Quant Tax Plan	1,839,925	1.64	81.43	3,175,026	2025-03-11	-42.05%
ITI Small Cap Fund	924,366	2.48	40.91	3,175,026	2025-03-11	-70.89%
Mahindra Manulife Small Cap Fund	648,341	1.28	28.69	3,175,026	2025-03-11	-79.58%
Bandhan Core Equity Fund	549,752	0.84	24.33	3,175,026	2025-03-11	-82.69%
Bank of India Mid & Small Cap Equity & Debt Fund	537,000	4.83	23.76	3,175,026	2025-03-11	-83.09%
HSBC Midcap Fund	530,000	0.29	23.46	3,175,026	2025-03-11	-83.31%
SBI Magnum Comma Fund	515,000	4.96	22.79	3,175,026	2025-03-11	-83.78%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	82.33	29.40	16.65	16.16	24.50
Diluted EPS (Rs.)	82.33	29.40	16.65	16.16	24.50
Cash EPS (Rs.)	70.04	35.61	28.37	26.86	30.71
Book Value[Excl.RevalReserv]/Share (Rs.)	209.40	127.06	97.30	80.54	63.83
Book Value[Incl.RevalReserv]/Share (Rs.)	209.40	127.06	97.30	80.54	63.83
Revenue From Operations / Share (Rs.)	636.21	398.40	397.50	436.06	438.95
PBDIT / Share (Rs.)	96.31	52.31	45.27	48.35	57.08
PBIT / Share (Rs.)	85.71	40.00	32.78	36.09	45.03
PBT / Share (Rs.)	80.14	31.12	19.95	21.96	28.56
Net Profit / Share (Rs.)	59.45	23.30	15.89	14.60	18.66
NP After MI And SOA / Share (Rs.)	82.33	29.40	16.65	16.16	24.50
PBDIT Margin (%)	15.13	13.12	11.38	11.08	13.00
PBIT Margin (%)	13.47	10.04	8.24	8.27	10.25
PBT Margin (%)	12.59	7.81	5.01	5.03	6.50
Net Profit Margin (%)	9.34	5.84	3.99	3.34	4.25
NP After MI And SOA Margin (%)	12.94	7.38	4.18	3.70	5.58
Return on Networth / Equity (%)	39.56	23.34	17.29	20.58	39.20
Return on Capital Employeed (%)	32.67	21.92	18.40	21.42	27.47
Return On Assets (%)	19.66	9.84	5.96	5.87	8.54
Long Term Debt / Equity (X)	0.24	0.42	0.80	1.06	1.53
Total Debt / Equity (X)	0.37	0.48	0.90	1.18	1.88
Asset Turnover Ratio (%)	1.80	1.33	1.36	1.43	1.44
Current Ratio (X)	1.72	1.09	1.16	1.05	0.99
Quick Ratio (X)	1.00	0.49	0.50	0.46	0.41
Inventory Turnover Ratio (X)	4.79	3.57	3.75	3.88	3.48
Interest Coverage Ratio (X)	17.31	4.92	3.31	3.11	3.30
Interest Coverage Ratio (Post Tax) (X)	11.69	3.03	2.10	1.85	2.03
Enterprise Value (Cr.)	10950.71	4410.95	2977.29	4410.47	6504.96
EV / Net Operating Revenue (X)	0.72	0.46	0.31	0.42	0.62
EV / EBITDA (X)	4.82	3.57	2.79	3.87	4.83
MarketCap / Net Operating Revenue (X)	0.60	0.31	0.10	0.21	0.35
Price / BV (X)	1.86	0.99	0.41	1.19	2.52
Price / Net Operating Revenue (X)	0.60	0.31	0.10	0.21	0.35
EarningsYield	0.21	0.23	0.41	0.17	0.15

After reviewing the key financial ratios for Jindal Stainless Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 22, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 21) which recorded 2.00.
For Basic EPS (Rs.), as of Mar 22, the value is 82.33. This value is within the healthy range. It has increased from 29.40 (Mar 21) to 82.33, marking an increase of 52.93.
For Diluted EPS (Rs.), as of Mar 22, the value is 82.33. This value is within the healthy range. It has increased from 29.40 (Mar 21) to 82.33, marking an increase of 52.93.
For Cash EPS (Rs.), as of Mar 22, the value is 70.04. This value is within the healthy range. It has increased from 35.61 (Mar 21) to 70.04, marking an increase of 34.43.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 209.40. It has increased from 127.06 (Mar 21) to 209.40, marking an increase of 82.34.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 209.40. It has increased from 127.06 (Mar 21) to 209.40, marking an increase of 82.34.
For Revenue From Operations / Share (Rs.), as of Mar 22, the value is 636.21. It has increased from 398.40 (Mar 21) to 636.21, marking an increase of 237.81.
For PBDIT / Share (Rs.), as of Mar 22, the value is 96.31. This value is within the healthy range. It has increased from 52.31 (Mar 21) to 96.31, marking an increase of 44.00.
For PBIT / Share (Rs.), as of Mar 22, the value is 85.71. This value is within the healthy range. It has increased from 40.00 (Mar 21) to 85.71, marking an increase of 45.71.
For PBT / Share (Rs.), as of Mar 22, the value is 80.14. This value is within the healthy range. It has increased from 31.12 (Mar 21) to 80.14, marking an increase of 49.02.
For Net Profit / Share (Rs.), as of Mar 22, the value is 59.45. This value is within the healthy range. It has increased from 23.30 (Mar 21) to 59.45, marking an increase of 36.15.
For NP After MI And SOA / Share (Rs.), as of Mar 22, the value is 82.33. This value is within the healthy range. It has increased from 29.40 (Mar 21) to 82.33, marking an increase of 52.93.
For PBDIT Margin (%), as of Mar 22, the value is 15.13. This value is within the healthy range. It has increased from 13.12 (Mar 21) to 15.13, marking an increase of 2.01.
For PBIT Margin (%), as of Mar 22, the value is 13.47. This value is within the healthy range. It has increased from 10.04 (Mar 21) to 13.47, marking an increase of 3.43.
For PBT Margin (%), as of Mar 22, the value is 12.59. This value is within the healthy range. It has increased from 7.81 (Mar 21) to 12.59, marking an increase of 4.78.
For Net Profit Margin (%), as of Mar 22, the value is 9.34. This value is within the healthy range. It has increased from 5.84 (Mar 21) to 9.34, marking an increase of 3.50.
For NP After MI And SOA Margin (%), as of Mar 22, the value is 12.94. This value is within the healthy range. It has increased from 7.38 (Mar 21) to 12.94, marking an increase of 5.56.
For Return on Networth / Equity (%), as of Mar 22, the value is 39.56. This value is within the healthy range. It has increased from 23.34 (Mar 21) to 39.56, marking an increase of 16.22.
For Return on Capital Employeed (%), as of Mar 22, the value is 32.67. This value is within the healthy range. It has increased from 21.92 (Mar 21) to 32.67, marking an increase of 10.75.
For Return On Assets (%), as of Mar 22, the value is 19.66. This value is within the healthy range. It has increased from 9.84 (Mar 21) to 19.66, marking an increase of 9.82.
For Long Term Debt / Equity (X), as of Mar 22, the value is 0.24. This value is within the healthy range. It has decreased from 0.42 (Mar 21) to 0.24, marking a decrease of 0.18.
For Total Debt / Equity (X), as of Mar 22, the value is 0.37. This value is within the healthy range. It has decreased from 0.48 (Mar 21) to 0.37, marking a decrease of 0.11.
For Asset Turnover Ratio (%), as of Mar 22, the value is 1.80. It has increased from 1.33 (Mar 21) to 1.80, marking an increase of 0.47.
For Current Ratio (X), as of Mar 22, the value is 1.72. This value is within the healthy range. It has increased from 1.09 (Mar 21) to 1.72, marking an increase of 0.63.
For Quick Ratio (X), as of Mar 22, the value is 1.00. This value is within the healthy range. It has increased from 0.49 (Mar 21) to 1.00, marking an increase of 0.51.
For Inventory Turnover Ratio (X), as of Mar 22, the value is 4.79. This value is within the healthy range. It has increased from 3.57 (Mar 21) to 4.79, marking an increase of 1.22.
For Interest Coverage Ratio (X), as of Mar 22, the value is 17.31. This value is within the healthy range. It has increased from 4.92 (Mar 21) to 17.31, marking an increase of 12.39.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 22, the value is 11.69. This value is within the healthy range. It has increased from 3.03 (Mar 21) to 11.69, marking an increase of 8.66.
For Enterprise Value (Cr.), as of Mar 22, the value is 10,950.71. It has increased from 4,410.95 (Mar 21) to 10,950.71, marking an increase of 6,539.76.
For EV / Net Operating Revenue (X), as of Mar 22, the value is 0.72. This value is below the healthy minimum of 1. It has increased from 0.46 (Mar 21) to 0.72, marking an increase of 0.26.
For EV / EBITDA (X), as of Mar 22, the value is 4.82. This value is below the healthy minimum of 5. It has increased from 3.57 (Mar 21) to 4.82, marking an increase of 1.25.
For MarketCap / Net Operating Revenue (X), as of Mar 22, the value is 0.60. This value is below the healthy minimum of 1. It has increased from 0.31 (Mar 21) to 0.60, marking an increase of 0.29.
For Price / BV (X), as of Mar 22, the value is 1.86. This value is within the healthy range. It has increased from 0.99 (Mar 21) to 1.86, marking an increase of 0.87.
For Price / Net Operating Revenue (X), as of Mar 22, the value is 0.60. This value is below the healthy minimum of 1. It has increased from 0.31 (Mar 21) to 0.60, marking an increase of 0.29.
For EarningsYield, as of Mar 22, the value is 0.21. This value is below the healthy minimum of 5. It has decreased from 0.23 (Mar 21) to 0.21, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Jindal Stainless Ltd as of March 12, 2025 is: ₹673.51

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, Jindal Stainless Ltd is Undervalued by 2.83% compared to the current share price 655.00

Intrinsic Value of Jindal Stainless Ltd as of March 12, 2025 is: 860.75

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, Jindal Stainless Ltd is Undervalued by 31.41% compared to the current share price 655.00

Last 5 Year EPS CAGR: 27.80%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (18.15 cr) and profit (91.38 cr) over the years.	The stock has a low average ROCE of 12.83%, which may not be favorable. The stock has a high average Working Capital Days of 54.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 54.25, which may not be favorable. The company has higher borrowings (6,775.23) compared to reserves (5,082.08), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Jindal Stainless Ltd:
1. Net Profit Margin: 9.34%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 32.67% (Industry Average ROCE: 10.98%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 39.56% (Industry Average ROE: 16.58%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 11.69
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 22.4 (Industry average Stock P/E: 51.65)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.37
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Jindal Stainless Ltd. is a Public Limited Listed company incorporated on 29/09/1980 and has its registered office in the State of Haryana, India. Company's Corporate Identification Number(CIN) is L26922HR1980PLC010901 and registration number is 010901. Currently Company is involved in the business activities of Manufacture of hot-rolled and cold-rolled products of steel. Company's Total Operating Revenue is Rs. 38356.00 Cr. and Equity Capital is Rs. 164.69 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Steel - Alloys/Special	O P Jindal Marg, Hissar Haryana 125005	investorcare@jindalstainless.com http://www.jslstainless.com

Management
Name	Position Held
Mrs. Savitri Devi Jindal	Chairperson Emeritus
Mr. Ratan Jindal	Chairman & Managing Director
Mr. Abhyuday Jindal	Managing Director
Mr. Tarun Kumar Khulbe	Whole Time Director
Mr. Jagmohan Sood	Whole Time Director & COO
Mr. Anurag Mantri	Executive Director & Group CFO
Mr. Praveen Kumar Malhotra	Non Executive Director
Mr. Jayaram Easwaran	Independent Director
Dr. Rajeev Uberoi	Independent Director
Dr. Aarti Gupta	Independent Director
Mr. Ajay Mankotia	Independent Director
Mrs. Shruti Shrivastava	Independent Director
Mrs. Arti Luniya	Independent Director

FAQ

What is the latest intrinsic value of Jindal Stainless Ltd?

The latest intrinsic value of Jindal Stainless Ltd as on 08 March 2025 is ₹673.51, which is 2.83% higher than the current market price of 655.00, indicating the stock is undervalued by 2.83%. The intrinsic value of Jindal Stainless Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹53,924 Cr. and recorded a high/low of ₹848/568 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹15,297 Cr and total liabilities of ₹34,113 Cr.

What is the Market Cap of Jindal Stainless Ltd?

The Market Cap of Jindal Stainless Ltd is 53,924 Cr..

What is the current Stock Price of Jindal Stainless Ltd as on 08 March 2025?

The current stock price of Jindal Stainless Ltd as on 08 March 2025 is ₹655.

What is the High / Low of Jindal Stainless Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Jindal Stainless Ltd stocks is ₹848/568.

What is the Stock P/E of Jindal Stainless Ltd?

The Stock P/E of Jindal Stainless Ltd is 22.4.

What is the Book Value of Jindal Stainless Ltd?

The Book Value of Jindal Stainless Ltd is 188.

What is the Dividend Yield of Jindal Stainless Ltd?

The Dividend Yield of Jindal Stainless Ltd is 0.46 %.

What is the ROCE of Jindal Stainless Ltd?

The ROCE of Jindal Stainless Ltd is 22.2 %.

What is the ROE of Jindal Stainless Ltd?

The ROE of Jindal Stainless Ltd is 19.9 %.

What is the Face Value of Jindal Stainless Ltd?

The Face Value of Jindal Stainless Ltd is 2.00.