Jindal Stainless ↗

📍 Hisar, Haryana, Global Active NSE JSL CIN L26922HR1980PLC010901 Steel

Search companies

Key Metrics of Jindal Stainless

Revenue₹42,680 Cr▲ 6.2% YoYFY 2025-26

EBITDA₹4,911 Cr▲ 4.6% YoY

Net profit₹2,843 Cr▲ 4.9% YoY

Net worth₹18,867 Cr▲ 16.5% YoY

Competitors10identified

About Jindal Stainless

Sectors

Steel, Metals & PipesStainless Steel & Non-Ferrous Metals

Company details

Website: jindalstainless.com
Registered office: O.p. Jindal Marg,, Hisar, In-hr, 125005
Listed: NSE: JSL · ₹688.85

Operational Areas of Jindal Stainless

Steel, Metals & Pipes›Stainless Steel & Non-Ferrous Metals

Company summary

Entity details

CINL26922HR1980PLC010901

LEI code3358003QFQMSFDO7BP20

State codeHR

PIN code125005

Current legal nameJINDAL STAINLESS

Classification—

Listing statusListed (NSE: JSL)

Registration no.010901

Company age—

PAN—

CountryGlobal

CityHisar

StateHaryana

Current statusActive

Date of incorporation—

Registrar of companies—

Authorised capital—

Paid-up capital—

Employee count—

Compliance

Last AGM date—

Last balance sheet—

Next filing dueAOC-4 for FY 2025-26 · 30 Oct 2026

Industry classification

NIC code26922

Description of main activityManufacture of other non-metallic mineral products (cement, glass, ceramics)

Description of business activityManufacture of other non-metallic mineral products (cement, glass, ceramics)

SectorSteel

Premium

Financials, ratios and risk analysis

Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.

Filing compliance

AGM for FY 2025-2630 Sep 2026 Statutory due date passed

AOC-4 for FY 2025-2630 Oct 2026 Statutory due date · 3 days left

MGT-7 for FY 2025-2629 Nov 2026 Statutory due date · 33 days left

Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.

Vendor checks & payment capacity

Credit ratings

CARE · 09 Oct 2023 — Other

Change in last 12 months—

Change since first rating on record—since Oct 2023

Rating actions10 up · 0 down

Rating actions

Date	Agency	Action	Long term	Short term	Outlook	Rated amount	Rationale
09 Oct 2023	CARE	Other	—	—	—	—	View

Agency-reported financials (CARE, 09 Oct 2023)

Metric	March 31, 2021	March 31, 2022	March 31, 2023
Total operating income	₹18,586 Cr	₹32,993 Cr	₹35,768 Cr
PBILDT	₹2,365 Cr	₹5,090 Cr	₹3,586 Cr
PAT	₹906 Cr	₹3,109 Cr	₹2,084 Cr
Overall gearing (times)	1.09×	0.82×	0.71×
Interest coverage (times)	3.88×	14.81×	11.05×
Revenue growth (YoY)	—	77.5%	8.4%
EBITDA margin	12.7%	15.4%	10.0%
Implied interest cost (EBITDA ÷ coverage)	₹610 Cr	₹344 Cr	₹325 Cr
PAT margin	4.9%	9.4%	5.8%

Borrowings & rated debt

Rated borrowing limits (latest)—

Limits raised0 times0 new facilities rated

CARE ratings on record (checked 23 Oct 2026)

Instrument	Amount	Rating
BG/LC	—	Withdrawn
Cash Credit	—	Withdrawn
Commercial Paper (Standalone)	—	Withdrawn
Term Loan	—	Withdrawn

Credit assessment · Manufacturing

Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26

Indicative long-term—

Indicative short-term—

Score—

LiquidityAdequate

DirectionStable

CARE rating · Oct 2023—

Ratios, pillar scores and the indicative rating are part of Premium.

Rating status

Default	No default on record
Issuer cooperation	Cooperating
Credit enhancement	None – standalone rating
Next action stable or better (model)	43%
Information on file	56% · missing: Capex / investment plans, Lender details, Auditor details, Recent rating review (last 15 months)

Indicative assessment from public data using the published methodology factors; not a credit rating.

Borrowing & funding lifecycle

⬇ PDF report ⬇ Excel

Can it borrow more?Further bank funding difficult Next rating action stable or better: 51% (At risk of downgrade) · ML model on 4072 rating histories, AUC 0.666

Rated limits—

Not yet allocated—

Extra debt within 2.5× EBITDA—

Interest coverage11.05×

Limit utilisation—

Open bank charges0 · —

Credit outlook model: 51% chance the next rating action is stable or better
Interest coverage 11.05×

Rated limits by facility

Timeline

09 Oct 2023 CARE other: — CARE rationale

09 Oct 2023 New borrowing arranged (term loans)

From the report

The above action has been taken as the company has been amalgamated into and with Jindal Stainless Limited under the composite scheme of amalgamation approved and sanctioned by the Hon'ble National Company Law Tribunal (NCLT), Chandigarh Bench, pronounced on February 16, 2023.

CARE rationale

Lender names, bank charges and audited borrowings are part of Premium.

Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.

Registered office and contact

Registered officeO.P. JINDAL MARG,, HISAR, IN-HR, 125005

GSTIN—

Email—

Websitehttps://www.jindalstainless.com

Members / shareholders—

Directors and key people

Directors are read from the MGT-7 annual return and AOC-4 signatories.

Competitors of Jindal Stainless

Competitors10identified

Locations2most in United States

Top competitors by location

Company	Description	Domain	Founded	Location
Southern Copper Corporation	Stainless Steel & Non-Ferrous Metals · Steel, Metals & Pipes	southerncoppercorp.com	—	United States
Freeport McMoRan	Stainless Steel & Non-Ferrous Metals · Steel, Metals & Pipes	fcx.com	—	United States
Martin Marietta Materials	Stainless Steel & Non-Ferrous Metals · Steel, Metals & Pipes	martinmarietta.com	1994	United States
Hindalco Industries	Part of Aditya Birla Group.	hindalco.com	1962	Mumbai, India
Coal India	Stainless Steel & Non-Ferrous Metals · Steel, Metals & Pipes	coalindia.in	1975	Kolkata, India
Royal Gold	Stainless Steel & Non-Ferrous Metals · Steel, Metals & Pipes	royalgold.com	—	United States
Vedanta	Stainless Steel & Non-Ferrous Metals · Steel, Metals & Pipes	vedantalimited.com	—	Coimbatore, India
Coeur Mining	Stainless Steel & Non-Ferrous Metals · Steel, Metals & Pipes	coeur.com	—	United States
Hecla Mining	Stainless Steel & Non-Ferrous Metals · Steel, Metals & Pipes	hecla.com	—	United States
Hindustan Zinc	Stainless Steel & Non-Ferrous Metals · Steel, Metals & Pipes	hzlindia.com	1966	Udaipur, India

Similar companies

Charges (secured borrowings)

0 registered charges. Lenders, amounts and dates are part of the premium plan.

Statutory auditors

Auditors are read from the AOC-4 auditor's report section.

Business activities and related parties

Stainless steel flat products

Filings

No filings on record yet.