Jindal Stainles share price falls 4.58%; stock among top losers on Nifty Midcap 150
The financial data provides a comprehensive overview of Jindal Stainles’ performance and financial health, highlighting trends in revenue, profitability, and key financial ratios.
Alpha Desk
September 29, 2025 / 11:25 IST
DisclaimerThis is an AI-assisted live blog with updates from multiple sourcesDisclaimer
Shares of Jindal Stainles declined by 4.58% to Rs 753.00 in today's session, making it one of the top losers on the Nifty Midcap 150 as of 11:00 am. The stock's movement reflects a decrease from its previous close.
Dixon Technolog shares also saw a decrease, trading at Rs 17,000.00, down by 2.92%. Cochin Shipyard shares traded at Rs 1,827.00, a decline of 2.52%, while Berger Paints shares experienced a fall of 2.48%, trading at Rs 508.50. Ola Electric shares were down by 2.13%, trading at Rs 53.75.
Financial Snapshot of Jindal Stainles
Here’s a look at the consolidated quarterly financials of Jindal Stainles:
Heading
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
Rs 9,429.76 Crore
Rs 9,776.83 Crore
Rs 9,907.30 Crore
Rs 10,198.32 Crore
Rs 10,207.14 Crore
Net Profit
Rs 647.50 Crore
Rs 609.42 Crore
Rs 668.78 Crore
Rs 617.94 Crore
Rs 728.32 Crore
EPS
7.87
7.42
7.95
7.18
8.67
The revenue for Jindal Stainles has shown a steady increase over the past five quarters, with the latest quarter-ending June 2025 reporting revenue of Rs 10,207.14 Crore. Net profit also saw a rise in the quarter-ending June 2025, reaching Rs 728.32 Crore.
Jindal Stainles: Consolidated Yearly Financials
The following table presents the consolidated yearly financials for Jindal Stainles:
Heading
2021
2022
2023
2024
2025
Revenue
Rs 12,188.46 Crore
Rs 21,223.40 Crore
Rs 35,697.03 Crore
Rs 38,562.47 Crore
Rs 39,312.21 Crore
Net Profit
Rs 414.25 Crore
Rs 1,806.44 Crore
Rs 1,973.87 Crore
Rs 2,640.35 Crore
Rs 2,543.42 Crore
EPS
8.60
37.81
25.68
32.95
30.42
BVPS
66.05
99.46
145.33
174.56
202.61
ROE
13.07
36.27
17.72
18.89
15.01
Debt to Equity
0.97
0.60
0.32
0.41
0.38
The annual financials reveal a consistent growth in revenue from 2021 to 2025, with a slight increase from Rs 38,562.47 Crore in 2024 to Rs 39,312.21 Crore in 2025. Net profit, however, experienced a decrease from Rs 2,640.35 Crore in 2024 to Rs 2,543.42 Crore in 2025.
Jindal Stainles: Consolidated Yearly Income Statement
The following table presents key figures from the consolidated yearly income statement:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Sales
Rs 39,312 Crore
Rs 38,562 Crore
Rs 35,697 Crore
Rs 21,223 Crore
Rs 12,188 Crore
Other Income
Rs 290 Crore
Rs 169 Crore
Rs 126 Crore
Rs 55 Crore
Rs 40 Crore
Total Income
Rs 39,603 Crore
Rs 38,731 Crore
Rs 35,823 Crore
Rs 21,279 Crore
Rs 12,229 Crore
Total Expenditure
Rs 35,608 Crore
Rs 34,637 Crore
Rs 32,834 Crore
Rs 18,607 Crore
Rs 11,064 Crore
EBIT
Rs 3,994 Crore
Rs 4,093 Crore
Rs 2,988 Crore
Rs 2,671 Crore
Rs 1,164 Crore
Interest
Rs 611 Crore
Rs 554 Crore
Rs 324 Crore
Rs 332 Crore
Rs 480 Crore
Tax
Rs 839 Crore
Rs 898 Crore
Rs 690 Crore
Rs 533 Crore
Rs 270 Crore
Net Profit
Rs 2,543 Crore
Rs 2,640 Crore
Rs 1,973 Crore
Rs 1,806 Crore
Rs 414 Crore
Sales have generally increased year-over-year, climbing from Rs 12,188 Crore in March 2021 to Rs 39,312 Crore in March 2025. Total expenditure has also risen, impacting EBIT, which peaked in March 2024 before decreasing slightly in March 2025.
Jindal Stainles: Quarterly Income Statement
Key figures from the consolidated quarterly income statement are presented below:
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Sales
Rs 10,207 Crore
Rs 10,198 Crore
Rs 9,907 Crore
Rs 9,776 Crore
Rs 9,429 Crore
Other Income
Rs 68 Crore
Rs 93 Crore
Rs 99 Crore
Rs 47 Crore
Rs 50 Crore
Total Income
Rs 10,276 Crore
Rs 10,292 Crore
Rs 10,006 Crore
Rs 9,823 Crore
Rs 9,480 Crore
Total Expenditure
Rs 9,149 Crore
Rs 9,385 Crore
Rs 8,941 Crore
Rs 8,831 Crore
Rs 8,450 Crore
EBIT
Rs 1,126 Crore
Rs 906 Crore
Rs 1,065 Crore
Rs 992 Crore
Rs 1,030 Crore
Interest
Rs 144 Crore
Rs 149 Crore
Rs 160 Crore
Rs 158 Crore
Rs 142 Crore
Tax
Rs 254 Crore
Rs 138 Crore
Rs 235 Crore
Rs 224 Crore
Rs 239 Crore
Net Profit
Rs 728 Crore
Rs 617 Crore
Rs 668 Crore
Rs 609 Crore
Rs 647 Crore
The quarterly data shows relatively stable sales and income figures, with a notable increase in net profit for the quarter ending June 2025. Expenditure has remained well-managed, contributing to healthy EBIT figures.
Cash Flow
The following table shows the consolidated cash flow from various activities:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
Rs 4,718 Crore
Rs 4,818 Crore
Rs 3,095 Crore
Rs 1,083 Crore
Rs 1,307 Crore
Investing Activities
Rs -3,438 Crore
Rs -3,340 Crore
Rs -2,481 Crore
Rs -782 Crore
Rs -151 Crore
Financing Activities
Rs -1,882 Crore
Rs -829 Crore
Rs -386 Crore
Rs -163 Crore
Rs -1,118 Crore
Others
Rs 2 Crore
Rs 0 Crore
Rs 1 Crore
Rs 0 Crore
Rs 0 Crore
Net Cash Flow
Rs -600 Crore
Rs 648 Crore
Rs 228 Crore
Rs 137 Crore
Rs 37 Crore
The company’s operating activities consistently generate positive cash flow, while investing activities show a net cash outflow. Financing activities also typically result in a cash outflow. Net cash flow varied over the years, with a negative cash flow in March 2025.
Balance Sheet
The consolidated balance sheet provides insights into the company's financial structure:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Share Capital
Rs 164 Crore
Rs 164 Crore
Rs 164 Crore
Rs 105 Crore
Rs 97 Crore
Reserves & Surplus
Rs 16,523 Crore
Rs 14,193 Crore
Rs 11,766 Crore
Rs 5,080 Crore
Rs 3,053 Crore
Current Liabilities
Rs 13,242 Crore
Rs 10,043 Crore
Rs 10,950 Crore
Rs 7,206 Crore
Rs 4,056 Crore
Other Liabilities
Rs 6,227 Crore
Rs 6,415 Crore
Rs 4,258 Crore
Rs 2,469 Crore
Rs 3,526 Crore
Total Liabilities
Rs 36,158 Crore
Rs 30,817 Crore
Rs 27,140 Crore
Rs 14,862 Crore
Rs 10,734 Crore
Fixed Assets
Rs 15,684 Crore
Rs 14,034 Crore
Rs 10,570 Crore
Rs 5,964 Crore
Rs 5,913 Crore
Current Assets
Rs 16,798 Crore
Rs 14,782 Crore
Rs 15,111 Crore
Rs 7,532 Crore
Rs 4,118 Crore
Other Assets
Rs 3,675 Crore
Rs 2,000 Crore
Rs 1,457 Crore
Rs 1,365 Crore
Rs 702 Crore
Total Assets
Rs 36,158 Crore
Rs 30,817 Crore
Rs 27,140 Crore
Rs 14,862 Crore
Rs 10,734 Crore
Contingent Liabilities
Rs 2,648 Crore
Rs 2,234 Crore
Rs 1,517 Crore
Rs 5,091 Crore
Rs 4,035 Crore
The balance sheet shows a steady increase in total assets and liabilities over the years. Reserves and surplus have also grown, reflecting the company's retained earnings. Fixed assets and current assets have both seen significant growth, indicating investment in operations and working capital.
Key Financial Ratios
Here are the key financial ratios for Jindal Stainles:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Basic EPS (Rs.)
30.42
32.95
25.68
37.81
8.60
Diluted EPS (Rs.)
30.41
32.94
25.68
36.39
8.48
Book Value / Share (Rs.)
202.61
174.56
145.33
99.46
66.05
Dividend / Share (Rs.)
3.00
3.00
0.00
0.00
0.00
Gross Profit Margin (%)
12.61
12.63
10.39
14.33
12.02
Operating Margin (%)
10.17
10.35
8.37
12.58
8.71
Net Profit Margin (%)
6.46
6.84
5.52
8.51
3.39
Return on Equity (%)
15.01
18.89
17.72
36.27
13.07
ROCE (%)
17.46
19.22
18.46
34.90
15.90
Return On Assets (%)
6.92
8.80
7.79
12.65
3.90
Current Ratio (X)
1.27
1.47
1.38
1.05
1.02
Quick Ratio (X)
0.54
0.68
0.61
0.47
0.33
Debt to Equity (x)
0.38
0.41
0.32
0.60
0.97
Interest Coverage Ratios (X)
8.11
8.79
11.44
9.16
2.21
Asset Turnover Ratio (%)
1.17
1.33
1.71
1.66
113.54
Inventory Turnover Ratio (X)
4.46
3.14
4.15
4.55
4.37
P/E (x)
19.12
21.08
11.29
5.36
7.86
P/B (x)
2.87
3.98
2.00
2.05
1.03
EV/EBITDA (x)
10.48
12.55
7.23
4.47
4.30
P/S (x)
1.22
1.48
0.67
0.50
0.27
Corporate Announcements
Recent corporate announcements for Jindal Stainles include:
Intimation of closure of Trading Window
Intimation under Regulation 57 of SEBI Listing Regulations on payment of interest in respect of Non-Convertible Debentures
Jindal Stainless Limited has informed the Exchange regarding a press release dated September 10, 2025, titled "Jindal Stainless supplies stainless steel for Bangalore’s Metro expansion"
Dividend Information
The company has announced the following dividends:
Final Dividend: Rs.2.00 per share (100%) announced on 2025-05-08, with an effective date of 22 Aug, 2025
Interim Dividend: Rs.1.00 per share (50%) announced on 2025-01-29, with an effective date of 07 Feb, 2025
Stock Splits
Jindal Stainles had a stock split with exsplit date on 01 Mar, 2004, where the face value changed from Rs 10 to Rs 2.
The financial data provides a comprehensive overview of Jindal Stainles’ performance and financial health, highlighting trends in revenue, profitability, and key financial ratios.