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 Jindal Stainless Limited (JSL) defensive interval to measure how many days the company can operate on defensive assets alone.

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.

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
SIAM CEMENT UNSP.ADS/1 F:TCM	0.018x
Orica Limited F:ICA	0.061x
Glacier Bancorp Inc NYSE:GBCI	0.021x
CPI Property Group S.A F:O5G	0.001x
Anji Microelectronics Tech Co Ltd SHG:688019	0.004x
Paycom Software, Inc. NYSE:PAYC	0.113x
Paramount Skydance Corporation Class B Common Stock NASDAQ:PSKY	0.007x
Boyd Gaming Corporation NYSE:BYD	0.053x

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 JSL market cap.

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

$6.30 Billion

Rs582.53 Billion INR

Market Cap Rank

#3126 Global

#139 in India

Share Price

Rs707.00

Change (1 day)

-2.87%

52-Week Range

Rs656.05 - Rs865.65

All Time High

Rs865.65