Jindal Stainless share price falls 2.02%, stock among top losers on Nifty Midcap 150

Shares of Jindal Stainless declined by 2.02% to Rs 675 in Wednesday's trading session, making it one of the top losers on the Nifty Midcap 150. The stock's movement reflects a decrease from its previous close.

Jindal Stainless is included as one of the stocks in the benchmark Nifty Midcap 150 index.

The following table summarizes the key financial performance indicators of Jindal Stainless on a quarterly basis:

The revenue for Jindal Stainless has shown a steady increase over the quarters, with the revenue for the quarter-ending March 2025 reaching Rs 10,198.32 Crore. Similarly, the net profit and EPS figures reflect the company's financial performance in the corresponding quarters.

The table below presents the yearly financial performance of Jindal Stainless:

From 2021 to 2025, Jindal Stainless has demonstrated substantial revenue growth. Revenue increased from Rs 12,188.46 Crore in 2021 to Rs 39,312.21 Crore in 2025. Net profit has also grown significantly over these years, reaching Rs 2,543.42 Crore in 2025. The company’s EPS, BVPS, and ROE have all seen considerable increases, reflecting its improved financial health. The debt-to-equity ratio has decreased, indicating a stronger financial position.

The following table displays the income statement on a yearly basis:

The following table summarizes the key financial performance indicators of Jindal Stainless on a quarterly basis:
The cash flow for Jindal Stainless is detailed in the table below:
The balance sheet for Jindal Stainless is shown in the table below:
Key financial ratios for Jindal Stainless show a P/E ratio of 19.12 and a P/B ratio of 2.87 as of March 2025. The company reported a debt-to-equity ratio of 0.38 as of the year-ending March 2025.

Jindal Stainless has announced several corporate actions. The Exchange received disclosures under Regulation 29(2) of SEBI (SAST) Regulations, 2011 for Savitri Devi Jindal and Sajjan Jindal on July 1, 2025. Additionally, the closure of the trading window was announced on June 27, 2025.

Jindal Stainless has announced dividends. An interim dividend of Rs 1 per share (50%) was announced on January 29, 2025, with an effective date of February 7, 2025. A final dividend of Rs 2 per share (100%) was announced on May 15, 2024, and was effective from August 30, 2024.

A stock split occurred on March 1, 2004, where the old face value of Rs 10 was split into a new face value of Rs 2.

With the stock currently trading at Rs 675, Jindal Stainless has experienced a notable downturn, reflecting broader market trends and specific company events.