Jindal Stainless Limited
Jindal Stainless Limited manufactures and sells stainless-steel flat products in India and internationally. The company provides ferro alloys, stainless steel slabs and blooms, hot rolled coils, plates and sheets, and cold rolled coils and sheets, as well as razor-blade steel, precision strips, and long products. It serves automobile, railway and transport, process and engineering, consumer durab… Read more
Market Cap & Net Worth: Jindal Stainless Limited (JSL)
Jindal Stainless Limited (NSE:JSL) has a market capitalization of $6.95 Billion (₹602.01 Billion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #3995 globally and #128 in its home market, demonstrating a 3.08% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Jindal Stainless Limited's stock price ₹730.85 by its total outstanding shares 823718921 (823.72 Million).
Jindal Stainless Limited Market Cap History: 2015 to 2026
Jindal Stainless Limited's market capitalization history from 2015 to 2026. Data shows growth from $268.89 Million to $6.95 Billion (43.19% CAGR).
Index Memberships
Jindal Stainless Limited is a constituent of 5 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY METAL
CNXMETAL
|
$75.14 Billion | 3.91% | #9 of 15 |
|
NIFTY 500
NIFTY500
|
$1.27 Trillion | 0.23% | #122 of 500 |
|
NIFTY MIDCAP 150
NIFTYMIDCAP150
|
$342.58 Billion | 0.86% | #44 of 150 |
|
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
|
$535.73 Billion | 0.55% | #54 of 400 |
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$1.32 Trillion | 0.22% | #122 of 750 |
Weight: Jindal Stainless Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Jindal Stainless Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Jindal Stainless Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.02x
Jindal Stainless Limited's market cap is 0.02 times its annual revenue
0.02x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.32x
Jindal Stainless Limited's market cap is 0.32 times its annual earnings
0.25x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $355.96 Million | $71.44 Billion | -$5.57 Billion | 0.00x | N/A |
| 2017 | $974.32 Million | $92.79 Billion | $815.70 Million | 0.01x | 1.19x |
| 2018 | $320.89 Million | $116.38 Billion | $3.43 Billion | 0.00x | 0.09x |
| 2019 | $363.48 Million | $135.57 Billion | $1.42 Billion | 0.00x | 0.26x |
| 2020 | $707.31 Million | $129.51 Billion | $713.20 Million | 0.01x | 0.99x |
| 2021 | $1.86 Billion | $121.88 Billion | $4.19 Billion | 0.02x | 0.44x |
| 2022 | $2.25 Billion | $327.33 Billion | $30.79 Billion | 0.01x | 0.07x |
| 2023 | $5.41 Billion | $356.97 Billion | $21.14 Billion | 0.02x | 0.26x |
| 2024 | $6.65 Billion | $385.62 Billion | $27.13 Billion | 0.02x | 0.25x |
| 2025 | $7.98 Billion | $393.12 Billion | $25.05 Billion | 0.02x | 0.32x |
Competitor Companies of JSL by Market Capitalization
Companies near Jindal Stainless Limited in the global market cap rankings as of March 18, 2026.
Key companies related to Jindal Stainless Limited by market ranking:
- Nucor Corp (NYSE:NUE): Ranked #593 globally with a market cap of $35.76 Billion USD.
- Steel Dynamics Inc (NASDAQ:STLD): Ranked #839 globally with a market cap of $23.47 Billion USD.
- Nippon Steel Corporation (PINK:NISTF): Ranked #985 globally with a market cap of $19.91 Billion USD.
- Reliance Steel & Aluminum Co (NYSE:RS): Ranked #1207 globally with a market cap of $15.56 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #593 | Nucor Corp | NYSE:NUE | $35.76 Billion | $162.08 |
| #839 | Steel Dynamics Inc | NASDAQ:STLD | $23.47 Billion | $172.63 |
| #985 | Nippon Steel Corporation | PINK:NISTF | $19.91 Billion | $19.62 |
| #1207 | Reliance Steel & Aluminum Co | NYSE:RS | $15.56 Billion | $299.04 |
Jindal Stainless Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Jindal Stainless Limited's market cap moved from $268.89 Million to $ 6.95 Billion, with a yearly change of 43.19%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹6.95 Billion | -12.92% |
| 2025 | ₹7.98 Billion | +20.03% |
| 2024 | ₹6.65 Billion | +23.00% |
| 2023 | ₹5.41 Billion | +140.48% |
| 2022 | ₹2.25 Billion | +21.03% |
| 2021 | ₹1.86 Billion | +162.65% |
| 2020 | ₹707.31 Million | +94.59% |
| 2019 | ₹363.48 Million | +13.27% |
| 2018 | ₹320.89 Million | -67.07% |
| 2017 | ₹974.32 Million | +173.72% |
| 2016 | ₹355.96 Million | +32.38% |
| 2015 | ₹268.89 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Jindal Stainless Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.95 Billion USD |
| MoneyControl | $6.95 Billion USD |
| MarketWatch | $6.95 Billion USD |
| marketcap.company | $6.95 Billion USD |
| Reuters | $6.95 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.