Jindal Stainless Limited (JSL) — Financial Flexibility Index
Jindal Stainless Limited (JSL) has a Financial Flexibility Index of 0.19x as of September 2025. Free cash flow of Rs39.12 Billion (operating CF Rs21.83 Billion minus capex Rs17.29 Billion) represents 0% of total liabilities (Rs209.72 Billion). Check JSL strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Jindal Stainless Limited Financial Flexibility Index (2005–2026)
Historical Financial Flexibility Index trend for Jindal Stainless Limited across 22 annual periods. See Jindal Stainless Limited (JSL) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Jindal Stainless Limited (2005–2026)
Year-by-year free cash flow to debt coverage for Jindal Stainless Limited. For the full company profile including market capitalisation, see market value of Jindal Stainless Limited.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.28x | Rs58.40 Billion | Rs31.82 Billion | Rs208.21 Billion | ▼ -17.4% |
| 2025 | 0.34x | Rs66.04 Billion | Rs47.18 Billion | Rs194.50 Billion | ▼ -11.3% |
| 2024 | 0.38x | Rs62.93 Billion | Rs48.18 Billion | Rs164.43 Billion | ▲ +22.2% |
| 2023 | 0.31x | Rs47.51 Billion | Rs30.96 Billion | Rs151.73 Billion | ▲ +67.3% |
| 2022 | 0.19x | Rs18.03 Billion | Rs10.38 Billion | Rs96.35 Billion | ▼ -4.7% |
| 2021 | 0.20x | Rs14.76 Billion | Rs13.08 Billion | Rs75.16 Billion | ▲ +13.3% |
| 2020 | 0.17x | Rs13.77 Billion | Rs11.80 Billion | Rs79.47 Billion | ▼ -13.5% |
| 2019 | 0.20x | Rs16.25 Billion | Rs14.19 Billion | Rs81.12 Billion | ▲ +1.2% |
| 2018 | 0.20x | Rs16.55 Billion | Rs14.52 Billion | Rs83.60 Billion | ▲ +37.9% |
| 2017 | 0.14x | Rs13.05 Billion | Rs12.30 Billion | Rs90.90 Billion | ▲ +65.8% |
| 2016 | 0.09x | Rs11.38 Billion | Rs9.65 Billion | Rs131.41 Billion | ▲ +96.9% |
| 2015 | 0.04x | Rs6.08 Billion | Rs5.49 Billion | Rs138.16 Billion | ▼ -35.7% |
| 2014 | 0.07x | Rs11.19 Billion | Rs9.58 Billion | Rs163.48 Billion | ▲ +192.6% |
| 2013 | 0.02x | Rs3.72 Billion | Rs2.82 Billion | Rs158.91 Billion | ▲ +11.8% |
| 2012 | 0.02x | Rs3.09 Billion | Rs3.09 Billion | Rs147.74 Billion | ▼ -55.0% |
| 2011 | 0.05x | Rs5.79 Billion | Rs5.79 Billion | Rs124.44 Billion | ▲ +1969.6% |
| 2010 | 0.00x | Rs247.59 Million | Rs247.59 Million | Rs110.11 Billion | ▼ -98.0% |
| 2009 | 0.11x | Rs10.85 Billion | Rs10.85 Billion | Rs97.22 Billion | ▲ +399.4% |
| 2008 | 0.02x | Rs1.78 Billion | Rs1.78 Billion | Rs79.49 Billion | ▼ -85.2% |
| 2007 | 0.15x | Rs7.99 Billion | Rs7.99 Billion | Rs52.88 Billion | ▼ -53.9% |
| 2006 | 0.33x | Rs12.39 Billion | Rs2.65 Billion | Rs37.79 Billion | ▼ -15.2% |
| 2005 | 0.39x | Rs9.99 Billion | Rs2.45 Billion | Rs25.85 Billion | — |