Jindal Stainless Limited (JSL) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.121x

Based on the latest financial reports, Jindal Stainless Limited (JSL) has a cash flow conversion efficiency ratio of 0.121x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs21.83 Billion ≈ $236.11 Million USD) by net assets (Rs181.06 Billion ≈ $1.96 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Jindal Stainless Limited - Cash Flow Conversion Efficiency Trend (2005–2025)

This chart illustrates how Jindal Stainless Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Jindal Stainless Limited (JSL) total liabilities for a breakdown of total debt and financial obligations.

Jindal Stainless Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Jindal Stainless Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
GATX Corporation NYSE:GATX	0.040x
Canadian Tire Corporation Limited TO:CTC-A	-0.053x
Smith AO Corporation NYSE:AOS	0.138x
Hyatt Hotels Corporation NYSE:H	0.096x
Public Power Corporation S.A. AT:PPC	0.053x
Beijing Sifang Automation Co Ltd SHG:601126	0.024x
Silicon Laboratories Inc NASDAQ:SLAB	0.008x
Merus BV NASDAQ:MRUS	-0.128x

Annual Cash Flow Conversion Efficiency for Jindal Stainless Limited (2005–2025)

The table below shows the annual cash flow conversion efficiency of Jindal Stainless Limited from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see JSL market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs167.08 Billion ≈ $1.81 Billion	Rs47.18 Billion ≈ $510.27 Million	0.282x	-15.75%
2024-03-31	Rs143.75 Billion ≈ $1.55 Billion	Rs48.18 Billion ≈ $521.06 Million	0.335x	+29.58%
2023-03-31	Rs119.68 Billion ≈ $1.29 Billion	Rs30.96 Billion ≈ $334.78 Million	0.259x	+30.24%
2022-03-31	Rs52.27 Billion ≈ $565.27 Million	Rs10.38 Billion ≈ $112.27 Million	0.199x	-51.12%
2021-03-31	Rs32.18 Billion ≈ $348.06 Million	Rs13.08 Billion ≈ $141.43 Million	0.406x	-6.01%
2020-03-31	Rs27.30 Billion ≈ $295.27 Million	Rs11.80 Billion ≈ $127.65 Million	0.432x	-20.69%
2019-03-31	Rs26.03 Billion ≈ $281.45 Million	Rs14.19 Billion ≈ $153.42 Million	0.545x	-7.15%
2018-03-31	Rs24.74 Billion ≈ $267.57 Million	Rs14.52 Billion ≈ $157.08 Million	0.587x	-13.17%
2017-03-31	Rs18.20 Billion ≈ $196.82 Million	Rs12.30 Billion ≈ $133.07 Million	0.676x	+109.96%
2016-03-31	Rs-1.42 Billion ≈ $-15.37 Million	Rs9.65 Billion ≈ $104.38 Million	-6.790x	-350.33%
2015-03-31	Rs2.02 Billion ≈ $21.89 Million	Rs5.49 Billion ≈ $59.38 Million	2.712x	-76.32%
2014-03-31	Rs836.13 Million ≈ $9.04 Million	Rs9.58 Billion ≈ $103.58 Million	11.455x	+5423.88%
2013-03-31	Rs13.59 Billion ≈ $146.97 Million	Rs2.82 Billion ≈ $30.48 Million	0.207x	+41.15%
2012-03-31	Rs21.04 Billion ≈ $227.55 Million	Rs3.09 Billion ≈ $33.43 Million	0.147x	-43.21%
2011-03-31	Rs22.39 Billion ≈ $242.13 Million	Rs5.79 Billion ≈ $62.63 Million	0.259x	+1895.30%
2010-03-31	Rs19.10 Billion ≈ $206.54 Million	Rs247.59 Million ≈ $2.68 Million	0.013x	-98.48%
2009-03-31	Rs12.71 Billion ≈ $137.43 Million	Rs10.85 Billion ≈ $117.31 Million	0.854x	+786.74%
2008-03-31	Rs18.45 Billion ≈ $199.51 Million	Rs1.78 Billion ≈ $19.20 Million	0.096x	-83.17%
2007-03-31	Rs13.98 Billion ≈ $151.18 Million	Rs7.99 Billion ≈ $86.45 Million	0.572x	+115.18%
2006-03-31	Rs9.97 Billion ≈ $107.77 Million	Rs2.65 Billion ≈ $28.64 Million	0.266x	-15.61%
2005-03-31	Rs7.77 Billion ≈ $84.05 Million	Rs2.45 Billion ≈ $26.47 Million	0.315x	--

About Jindal Stainless Limited

NSE:JSL India Steel

Market Cap

$6.84 Billion

Rs632.12 Billion INR

Market Cap Rank

#2913 Global

#125 in India

Share Price

Rs767.40

Change (1 day)

-1.92%

52-Week Range

Rs579.60 - Rs865.65

All Time High

Rs865.65