Jindal Stainless Limited (JSL) — Tangible Net Worth Ratio
Jindal Stainless Limited (JSL) has a Tangible Net Worth Ratio of 96.3% as of March 2026. This metric is calculated by deducting intangible assets (Rs7.34 Billion) from net assets (Rs198.82 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See shareholders equity of Jindal Stainless Limited for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Jindal Stainless Limited Tangible Net Worth Ratio (2005–2026)
This chart shows how Jindal Stainless Limited's Tangible Net Worth Ratio has changed across 21 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 96.3%, reflecting net assets of Rs198.82 Billion with intangible assets of Rs7.34 Billion INR. Also explore JSL net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Jindal Stainless Limited (2005–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Jindal Stainless Limited from 2005 to 2026, covering 21 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Jindal Stainless Limited market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 96.3% | Rs198.82 Billion | Rs7.34 Billion | Rs407.04 Billion | ▲ +1.1 pp |
| 2025 | 95.2% | Rs167.08 Billion | Rs8.08 Billion | Rs361.58 Billion | ▲ +1.4 pp |
| 2024 | 93.8% | Rs143.75 Billion | Rs8.93 Billion | Rs308.17 Billion | ▲ +0.4 pp |
| 2023 | 93.4% | Rs119.68 Billion | Rs7.94 Billion | Rs271.40 Billion | ▼ -5.9 pp |
| 2022 | 99.2% | Rs52.27 Billion | Rs394.80 Million | Rs148.62 Billion | ▲ +0.3 pp |
| 2021 | 99.0% | Rs32.18 Billion | Rs327.20 Million | Rs107.35 Billion | ▲ +0.2 pp |
| 2020 | 98.7% | Rs27.30 Billion | Rs344.90 Million | Rs106.78 Billion | ▲ +0.1 pp |
| 2019 | 98.7% | Rs26.03 Billion | Rs350.60 Million | Rs107.15 Billion | ▼ -0.6 pp |
| 2018 | 99.2% | Rs24.74 Billion | Rs192.10 Million | Rs108.34 Billion | ▲ +0.3 pp |
| 2017 | 98.9% | Rs18.20 Billion | Rs201.00 Million | Rs109.10 Billion | ▲ +5.9 pp |
| 2015 | 93.0% | Rs2.02 Billion | Rs141.76 Million | Rs140.18 Billion | ▲ +47.4 pp |
| 2014 | 45.6% | Rs836.13 Million | Rs455.09 Million | Rs164.31 Billion | ▼ -51.3 pp |
| 2013 | 96.9% | Rs13.59 Billion | Rs426.99 Million | Rs172.50 Billion | ▼ -0.9 pp |
| 2012 | 97.8% | Rs21.04 Billion | Rs465.52 Million | Rs168.78 Billion | ▼ -2.2 pp |
| 2011 | 100.0% | Rs22.39 Billion | Rs0.00 | Rs146.83 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | Rs19.10 Billion | Rs0.00 | Rs129.20 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | Rs12.71 Billion | Rs0.00 | Rs109.93 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | Rs18.45 Billion | Rs0.00 | Rs97.94 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | Rs13.98 Billion | Rs0.00 | Rs66.86 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | Rs9.97 Billion | Rs0.00 | Rs47.76 Billion | ▲ +76.2 pp |
| 2005 | 23.8% | Rs7.77 Billion | Rs5.92 Billion | Rs33.62 Billion | — |