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
Jindal Stainless Limited (JSL) - Total Assets
Latest total assets as of September 2025: ₹390.78 Billion INR
Based on the latest financial reports, Jindal Stainless Limited (JSL) holds total assets worth ₹390.78 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Jindal Stainless Limited - Total Assets Trend (2005–2025)
This chart illustrates how Jindal Stainless Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jindal Stainless Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Jindal Stainless Limited's total assets of ₹390.78 Billion consist of 46.5% current assets and 53.5% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹2.19 Billion | 1.8% |
| Accounts Receivable | ₹35.64 Billion | 9.9% |
| Inventory | ₹97.00 Billion | 26.8% |
| Property, Plant & Equipment | ₹148.66 Billion | 41.1% |
| Intangible Assets | ₹8.08 Billion | 2.2% |
| Goodwill | ₹8.99 Billion | 2.5% |
Asset Composition Trend (2005–2025)
This chart illustrates how Jindal Stainless Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jindal Stainless Limited's current assets represent 46.5% of total assets in 2025, an increase from 40.9% in 2005.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2025, up from 0.4% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 17.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 41.1% of total assets.
Jindal Stainless Limited Competitors by Total Assets
Key competitors of Jindal Stainless Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Jindal Stainless Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Jindal Stainless Limited generates 1.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Jindal Stainless Limited generates $6.93 in net profit.
Jindal Stainless Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.15 | 1.27 | 0.86 |
| Quick Ratio | 0.49 | 0.56 | 0.26 |
| Cash Ratio | 0.17 | 0.17 | 0.00 |
| Working Capital | ₹23.19 Billion | ₹ 33.09 Billion | ₹ -5.93 Billion |
Jindal Stainless Limited - Advanced Valuation Insights
This section examines the relationship between Jindal Stainless Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.40 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 17.3% |
| Total Assets | ₹361.58 Billion |
| Market Capitalization | $2.94 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Jindal Stainless Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Jindal Stainless Limited's assets grew by 17.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Jindal Stainless Limited (2005–2025)
The table below shows the annual total assets of Jindal Stainless Limited from 2005 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹361.58 Billion | +17.33% |
| 2024-03-31 | ₹308.17 Billion | +13.55% |
| 2023-03-31 | ₹271.40 Billion | +82.61% |
| 2022-03-31 | ₹148.62 Billion | +38.45% |
| 2021-03-31 | ₹107.35 Billion | +0.53% |
| 2020-03-31 | ₹106.78 Billion | -0.35% |
| 2019-03-31 | ₹107.15 Billion | -1.10% |
| 2018-03-31 | ₹108.34 Billion | -0.69% |
| 2017-03-31 | ₹109.10 Billion | -16.07% |
| 2016-03-31 | ₹129.99 Billion | -7.27% |
| 2015-03-31 | ₹140.18 Billion | -14.68% |
| 2014-03-31 | ₹164.31 Billion | -4.74% |
| 2013-03-31 | ₹172.50 Billion | +2.20% |
| 2012-03-31 | ₹168.78 Billion | +14.95% |
| 2011-03-31 | ₹146.83 Billion | +13.64% |
| 2010-03-31 | ₹129.20 Billion | +17.54% |
| 2009-03-31 | ₹109.93 Billion | +12.24% |
| 2008-03-31 | ₹97.94 Billion | +46.48% |
| 2007-03-31 | ₹66.86 Billion | +40.00% |
| 2006-03-31 | ₹47.76 Billion | +42.03% |
| 2005-03-31 | ₹33.62 Billion | -- |