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. See JSL net asset quality index to measure how much of total assets are equity-financed.

Jindal Stainless Limited - Cash Flow Conversion Efficiency Trend (2005–2026)

This chart illustrates how Jindal Stainless Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Jindal Stainless Limited cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Nkt A/S NYSE:NRKBY	0.025x
The Swatch Group AG SW:UHR	0.028x
Informatica Inc NYSE:INFA	0.061x
Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt F:RIG2	0.040x
PSP Swiss Property AG SW:PSPN	0.007x
Lear Corporation NYSE:LEA	0.019x
Descartes Systems Group Inc TO:DSG	0.048x
Dongxing Sec Co Ltd SHG:601198	-0.113x

Annual Cash Flow Conversion Efficiency for Jindal Stainless Limited (2005–2026)

The table below shows the annual cash flow conversion efficiency of Jindal Stainless Limited from 2005 to 2026. For the full company profile with market capitalisation and key ratios, see Jindal Stainless Limited (JSL) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs198.82 Billion ≈ $2.15 Billion	Rs31.82 Billion ≈ $344.11 Million	0.160x	-43.33%
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

$6.55 Billion

Rs605.44 Billion INR

Market Cap Rank

#2974 Global

#137 in India

Share Price

Rs734.80

Change (1 day)

-0.40%

52-Week Range

Rs661.90 - Rs865.65

All Time High

Rs865.65