Jindal Stainless Limited (JSL) — Net Asset Quality Index
Jindal Stainless Limited (JSL) has a Net Asset Quality Index of 48.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs407.04 Billion minus total liabilities of Rs208.21 Billion yields net assets of Rs198.82 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Jindal Stainless Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Jindal Stainless Limited Net Asset Quality Index Over Time (2005–2026)
This chart shows how Jindal Stainless Limited's Net Asset Quality Index has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the index stands at 48.8%, representing net assets of Rs198.82 Billion against total assets of Rs407.04 Billion INR. Explore cash flow conversion of Jindal Stainless Limited to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Jindal Stainless Limited (2005–2026)
The table below presents the year-by-year Net Asset Quality Index for Jindal Stainless Limited from 2005 to 2026, covering 22 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see JSL market cap.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 48.8% | Rs198.82 Billion | Rs407.04 Billion | Rs208.21 Billion | ▲ +2.6 pp |
| 2025 | 46.2% | Rs167.08 Billion | Rs361.58 Billion | Rs194.50 Billion | ▼ -0.4 pp |
| 2024 | 46.6% | Rs143.75 Billion | Rs308.17 Billion | Rs164.43 Billion | ▲ +2.5 pp |
| 2023 | 44.1% | Rs119.68 Billion | Rs271.40 Billion | Rs151.73 Billion | ▲ +8.9 pp |
| 2022 | 35.2% | Rs52.27 Billion | Rs148.62 Billion | Rs96.35 Billion | ▲ +5.2 pp |
| 2021 | 30.0% | Rs32.18 Billion | Rs107.35 Billion | Rs75.16 Billion | ▲ +4.4 pp |
| 2020 | 25.6% | Rs27.30 Billion | Rs106.78 Billion | Rs79.47 Billion | ▲ +1.3 pp |
| 2019 | 24.3% | Rs26.03 Billion | Rs107.15 Billion | Rs81.12 Billion | ▲ +1.5 pp |
| 2018 | 22.8% | Rs24.74 Billion | Rs108.34 Billion | Rs83.60 Billion | ▲ +6.2 pp |
| 2017 | 16.7% | Rs18.20 Billion | Rs109.10 Billion | Rs90.90 Billion | ▲ +17.8 pp |
| 2016 | -1.1% | Rs-1.42 Billion | Rs129.99 Billion | Rs131.41 Billion | ▼ -2.5 pp |
| 2015 | 1.4% | Rs2.02 Billion | Rs140.18 Billion | Rs138.16 Billion | ▲ +0.9 pp |
| 2014 | 0.5% | Rs836.13 Million | Rs164.31 Billion | Rs163.48 Billion | ▼ -7.4 pp |
| 2013 | 7.9% | Rs13.59 Billion | Rs172.50 Billion | Rs158.91 Billion | ▼ -4.6 pp |
| 2012 | 12.5% | Rs21.04 Billion | Rs168.78 Billion | Rs147.74 Billion | ▼ -2.8 pp |
| 2011 | 15.2% | Rs22.39 Billion | Rs146.83 Billion | Rs124.44 Billion | ▲ +0.5 pp |
| 2010 | 14.8% | Rs19.10 Billion | Rs129.20 Billion | Rs110.11 Billion | ▲ +3.2 pp |
| 2009 | 11.6% | Rs12.71 Billion | Rs109.93 Billion | Rs97.22 Billion | ▼ -7.3 pp |
| 2008 | 18.8% | Rs18.45 Billion | Rs97.94 Billion | Rs79.49 Billion | ▼ -2.1 pp |
| 2007 | 20.9% | Rs13.98 Billion | Rs66.86 Billion | Rs52.88 Billion | ▲ +0.0 pp |
| 2006 | 20.9% | Rs9.97 Billion | Rs47.76 Billion | Rs37.79 Billion | ▼ -2.2 pp |
| 2005 | 23.1% | Rs7.77 Billion | Rs33.62 Billion | Rs25.85 Billion | — |