Company Profile
Jindal Stainless Limited (NSE: JSL) operates as a manufacturer of stainless steel products with a single reportable operating segment. The company’s debt-equity ratio stood at 0.35 as of December 31, 2025, a decrease from 0.42 in the same quarter of the previous year. For the nine-month period ended December 31, 2025, JSL reported a consolidated net profit of ₹2,350.36 crore, compared to ₹1,909.76 crore in the prior year. Information regarding 52-week highs, lows, and specific recent market price trends is not available in the sources and requires external verification.
Growth Context
Credit rating upgrades reflect strengthening financial metrics for Jindal Stainless Limited, though a Supreme Court ruling on mineral taxes and subsidiary liquidations present potential headwinds for investors. These factors accompany a recorded exceptional loss related to new national labor codes.
Current stock prices, intraday percentage moves, and specific equity analyst recommendations are not contained within the provided sources and should be independently verified. Regarding institutional commentary, the credit rating agency India Ratings & Research revised the company’s long-term borrowing outlook to “IND AA, Positive” from “AA/Stable” following the December 2025 quarter. The agency also affirmed the company’s short-term rating at “IND A1+
Capital Expenditure Commitments
JSL has committed approximately ₹715 crores to a joint venture in Indonesia to increase its melting capacity to 4.2 MTPA. Large-scale capital projects in foreign jurisdictions may introduce operational or integration risks.
Outstanding Debt
As of December 31, 2025, the company has ₹99 crore in outstanding secured Non-Convertible Debentures (NCDs) due for redemption in September 2026.
Current stock prices, intraday percentage moves, and specific equity analyst recommendations are not contained within the provided sources and should be independently verified. Regarding institutional commentary, the credit rating agency India Ratings & Research revised the company’s long-term borrowing outlook to “IND AA, Positive” from “AA/Stable” following the December 2025 quarter. The agency also affirmed the company’s short-term rating at “IND A1+
Verified Financial Data Points
Profitability Growth: The consolidated net profit for the quarter ended September 30, 2025, was ₹807.92 crore. This increased to ₹827.78 crore for the quarter ended December 31, 2025.
Net Worth Appreciation: The company’s consolidated net worth rose from ₹18,079.28 crore in September to ₹18,926.30 crore by the end of December.
Margin Expansion: The consolidated operating margin saw an upward trend, moving from 12.74% in the September quarter to 13.39% in the December quarter.
Investor Returns: On January 21, 2026, the Board approved an interim dividend of ₹1 per equity share (50% of face value) for the financial year 2025-26.Credit Improvement: Following the December quarter, the credit rating agency ‘India Ratings & Research’ revised the company’s long-term outlook from “Stable” to “IND AA, Positive
