Jindal Stainless Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Jindal Stainless Limited's yearly results (2023–2026), compared with Basic Materials companies in India. Tap ? on any ratio for what it means.
What stands out
- Tangible Net Worth Ratio: Of every ₹100 of net worth, ₹90 is tangible; the rest is goodwill and other intangibles, often from buying other companies. Less tangible than 88% of Basic Materials companies in India.
- Tangible Assets Ratio: Of every ₹100 the company owns, ₹95 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. Less tangible than 87% of Basic Materials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹154Over the last 3 years, every ₹100 of reported profit came with ₹154 of operating cash.
Higher than 72% of Basic Materials companies in India.
Self-Funding Ratio
2.1×Over the last 3 years its own operating cash covered its investment spending (capex) 2.1 times.
Higher than 75% of Basic Materials companies in India.
Cash Locked Ratio
₹7For every ₹100 of sales, ₹7 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹11 tied up three years earlier.
Less money tied up than 84% of Basic Materials companies in India.
Growth quality
Steadiness Ratio
3/3 · 2/3Sales grew in 3 of the last 3 years; profit grew in 2 of 3.
Steadier than 79% of Basic Materials companies in India.
Growth Efficiency Ratio
₹15Sales grew 20% in 3 years; of every extra ₹100 of sales, ₹15 became extra profit.
Higher than 66% of Basic Materials companies in India.
Asset Productivity Ratio
+20% / +50%In 3 years sales changed by +20% while total assets changed by +50%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
1.4×Debt due within a year is covered 1.4 times by its yearly operating cash.
Higher than 65% of Basic Materials companies in India.
Cash Cushion Ratio
−9%Debt, after subtracting cash, equals 9% of its market value (net debt).
Lower than 52% of Basic Materials companies in India.
Tangible Assets Ratio
95%Of every ₹100 the company owns, ₹95 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 87% of Basic Materials companies in India.
Tangible Net Worth Ratio
90%Of every ₹100 of net worth, ₹90 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 88% of Basic Materials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Jindal Stainless Limited owes ₹0.51 for every ₹1 it owns. Net profit rose 27% in the year to Mar 2026, and grew 15% a year on average over 3 years.
Compared with Basic Materials companies in India · latest annual results Mar 2026.
P/E ratio
18.0Investors pay ₹18.0 for every ₹1 of Jindal Stainless Limited's yearly profit, lower than 57% of Basic Materials companies in India.
P/B ratio
2.95The share price is 2.95 times Jindal Stainless Limited's book value per share, higher than 68% of Basic Materials companies in India.
Market cap
₹58,472 CrThe total market value of all of Jindal Stainless Limited's shares at today's price (share price × number of shares), larger than 95% of Basic Materials companies in India. PosiCap size class: Meso Cap.
Net worth (book value)
₹19,791 CrWhat Jindal Stainless Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹240.20Net worth divided by the number of shares. The share price of ₹709.65 is 3.0 times this, which is the P/B above.
Return on equity (ROE)
72.1%Jindal Stainless Limited earned 72.1% on its shareholders' money over the last year, higher than almost all Basic Materials companies in India.
Owes vs Owns
0.51×Jindal Stainless Limited owes ₹0.51 for every ₹1 it owns (moderate), higher than 74% of Basic Materials companies in India.
Dividend yield
0.56%Jindal Stainless Limited pays 0.56% of its share price as dividends a year, lower than 57% of dividend-paying Basic Materials companies in India.
Revenue growth
+9%Revenue rose 9% in the year to Mar 2026, and grew 6% a year on average over 3 years.
Profit growth
+27%Net profit rose 27% in the year to Mar 2026, and grew 15% a year on average over 3 years.
Profit margin
7.5%Jindal Stainless Limited keeps ₹7 of every ₹100 of revenue as net profit.
Cash quality
1.06×Cash from Jindal Stainless Limited's business was 1.06× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
8.6×Jindal Stainless Limited's operating profit covered its interest costs 8.6 times in the year to Mar 2026.
Cash vs debt
Net debtJindal Stainless Limited had ₹5,490 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Jindal Stainless Limited's P/E ratio?
Investors pay ₹18.0 for every ₹1 of Jindal Stainless Limited's yearly profit, lower than 57% of Basic Materials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Jindal Stainless Limited: ₹58,472 Cr ÷ ₹19,791 Cr (31 Mar 2026) = 3.0.
What is Jindal Stainless Limited's return on equity?
Jindal Stainless Limited earned 72.1% on its shareholders' money over the last year, higher than almost all Basic Materials companies in India.
How much does Jindal Stainless Limited owe compared with what it owns?
Jindal Stainless Limited owes ₹0.51 for every ₹1 it owns (moderate), higher than 74% of Basic Materials companies in India.
Does Jindal Stainless Limited pay a dividend?
Yes. Jindal Stainless Limited pays 0.56% of its share price as dividends a year, lower than 57% of dividend-paying Basic Materials companies in India.
Is Jindal Stainless Limited's revenue growing?
Revenue rose 9% in the year to Mar 2026, and grew 6% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.