Jindal Stainless Limited (NSE:JSL) — Market Cap & Net Worth

$6.51 Billion USD  · Rs602.18 Billion INR  · Rank #3011

Market Cap & Net Worth: Jindal Stainless Limited (JSL)

Jindal Stainless Limited (NSE:JSL) has a market capitalization of $6.51 Billion (Rs602.18 Billion) as of September 17, 2026. Listed on the NSE stock exchange, this India-based company holds position #3011 globally and #136 in its home market, demonstrating a -0.81% decrease 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 Rs730.85 by its total outstanding shares 823949824 (823.95 Million). Also see Jindal Stainless Limited asset portfolio for a full breakdown of the balance sheet.

Jindal Stainless Limited Market Cap History: 2015 to 2026

Jindal Stainless Limited's market capitalization history from 2015 to 2026. Data shows growth from $251.91 Million to $6.51 Billion (40.85% CAGR). Also see how efficiently does Jindal Stainless Limited generate cash for how efficiently the company converts equity into cash flow.

Index Memberships

Jindal Stainless Limited is a constituent of 5 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NIFTY METAL
CNXMETAL
$189.90 Billion 3.43% #11 of 15
NIFTY 500
NIFTY500
$3.04 Trillion 0.21% #126 of 500
NIFTY MIDCAP 150
NIFTYMIDCAP150
$690.55 Billion 0.94% #45 of 150
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
$1.13 Trillion 0.58% #57 of 400
NIFTY TOTAL MARKET
NIFTYTOTALMKT
$3.13 Trillion 0.21% #124 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. Check Jindal Stainless Limited (JSL) share price today for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

0.02x

Jindal Stainless Limited's market cap is 0.02 times its annual revenue

Industry average: 0.07x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.20x

Jindal Stainless Limited's market cap is 0.20 times its annual earnings

Industry average: 11.82x Lower than industry average

What 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
2017 $912.79 Million $92.79 Billion $815.70 Million 0.01x 1.12x
2018 $300.62 Million $116.38 Billion $3.43 Billion 0.00x 0.09x
2019 $340.52 Million $135.57 Billion $1.42 Billion 0.00x 0.24x
2020 $662.64 Million $129.51 Billion $713.20 Million 0.01x 0.93x
2021 $1.74 Billion $121.88 Billion $4.19 Billion 0.01x 0.42x
2022 $2.11 Billion $327.33 Billion $30.79 Billion 0.01x 0.07x
2023 $5.07 Billion $356.97 Billion $21.14 Billion 0.01x 0.24x
2024 $6.23 Billion $385.62 Billion $27.13 Billion 0.02x 0.23x
2025 $7.48 Billion $393.12 Billion $25.05 Billion 0.02x 0.30x
2026 $6.51 Billion $429.55 Billion $31.93 Billion 0.02x 0.20x

Competitor Companies of JSL by Market Capitalization

Companies near Jindal Stainless Limited in the global market cap rankings as of September 17, 2026. Review JSL goodwill-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Jindal Stainless Limited by market ranking:

  • ArcelorMittal SA (AS:MT): Ranked #559 globally with a market cap of $48.06 Billion USD ( €41.11 Billion EUR).
  • ArcelorMittal SA ADR (NYSE:MT): Ranked #605 globally with a market cap of $45.32 Billion USD.
  • ArcelorMittal SA (XETRA:ARRD): Ranked #685 globally with a market cap of $39.90 Billion USD ( €34.13 Billion EUR).
  • ArcelorMittal SA (MC:MTS): Ranked #690 globally with a market cap of $39.75 Billion USD ( €34.00 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#559 ArcelorMittal SA AS:MT $48.06 Billion €64.68
#605 ArcelorMittal SA ADR NYSE:MT $45.32 Billion $59.54
#685 ArcelorMittal SA XETRA:ARRD $39.90 Billion €60.56
#690 ArcelorMittal SA MC:MTS $39.75 Billion €64.68

Jindal Stainless Limited Historical Marketcap From 2015 to 2026

Between 2015 and today, Jindal Stainless Limited's market cap moved from $251.91 Million to $ 6.51 Billion, with a yearly change of 40.85%.

Year Market Cap Change (%)
2026 Rs6.51 Billion -12.92%
2025 Rs7.48 Billion +20.03%
2024 Rs6.23 Billion +23.00%
2023 Rs5.07 Billion +140.48%
2022 Rs2.11 Billion +21.03%
2021 Rs1.74 Billion +162.65%
2020 Rs662.64 Million +94.59%
2019 Rs340.52 Million +13.27%
2018 Rs300.62 Million -67.07%
2017 Rs912.79 Million +173.72%
2016 Rs333.48 Million +32.38%
2015 Rs251.91 Million --

End of Day Market Cap According to Different Sources

On Sep 17th, 2026 the market cap of Jindal Stainless Limited was reported to be:

Source Market Cap
Yahoo Finance $6.51 Billion USD
MoneyControl $6.51 Billion USD
MarketWatch $6.51 Billion USD
marketcap.company $6.51 Billion USD
Reuters $6.51 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Jindal Stainless Limited

NSE:JSL India Steel
Market Cap
$6.51 Billion
Rs602.18 Billion INR
Market Cap Rank
#3011 Global
#136 in India
Share Price
Rs730.85
Change (1 day)
+1.01%
52-Week Range
Rs661.90 - Rs865.65
All Time High
Rs865.65
About

Jindal Stainless Limited manufactures and sells stainless-steel flat products in India and internationally. The company offers ferro alloys, stainless steel slabs and blooms, hot rolled coils, plates and sheets, and cold rolled coils and sheets; specialty products, including razor-blade steel, coin blanks, and precision strips; and long products, such as decorative stainless-steel pipes, rebars, … Read more