Jindal Stainless Limited (JSL) - Total Assets

Latest as of March 2026: Rs407.04 Billion INR ≈ $4.40 Billion USD

Based on the latest financial reports, Jindal Stainless Limited (JSL) holds total assets worth Rs407.04 Billion INR (≈ $4.40 Billion USD) as of March 2026. 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. Explore Jindal Stainless Limited cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Jindal Stainless Limited - Total Assets Trend (2005–2026)

This chart illustrates how Jindal Stainless Limited's total assets have evolved over time, based on quarterly financial data. See JSL book value for net asset value and shareholders' equity analysis.

Jindal Stainless Limited - Asset Composition Analysis

Current Asset Composition (March 2026)

Jindal Stainless Limited's total assets of Rs407.04 Billion consist of 42.5% current assets and 57.5% non-current assets.

Asset Category	Amount (INR)	% of Total Assets
Cash & Equivalents	Rs0.00	7.2%
Accounts Receivable	Rs35.48 Billion	8.7%
Inventory	Rs95.08 Billion	23.4%
Property, Plant & Equipment	Rs0.00	0.0%
Intangible Assets	Rs7.34 Billion	1.8%
Goodwill	Rs12.47 Billion	3.1%

Asset Composition Trend (2005–2026)

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. For live market cap, price, and company overview, see JSL market cap.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Jindal Stainless Limited's current assets represent 42.5% of total assets in 2026, an increase from 40.9% in 2005.
Cash Position: Cash and equivalents constituted 7.2% of total assets in 2026, 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 inventory at 23.4% 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
Tata Steel Limited NSE:TATASTEEL	India	Rs3.01 Trillion
Nanjing Iron & Steel Co Ltd SHG:600282	China	CN¥70.14 Billion
Yongxing Special Stainless Steel Co Ltd SHE:002756	China	CN¥15.11 Billion
Worthington Steel Inc NYSE:WS	USA	$2.32 Billion
Jai Balaji Industries Limited NSE:JAIBALAJI	India	Rs40.77 Billion
Rajratan Global Wire Limited NSE:RAJRATAN	India	Rs11.59 Billion
The Orissa Minerals Development Company Limited NSE:ORISSAMINE	India	Rs5.00 Billion
Gaon Group Ltd TA:GAGR	Israel	ILA1.10 Billion

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	1.24	1.27	1.02
Quick Ratio	0.56	0.54	0.33
Cash Ratio	0.00	0.17	0.00
Working Capital	Rs33.89 Billion	Rs35.55 Billion	Rs622.80 Million

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	2.76
Latest Market Cap to Assets Ratio	0.02
Asset Growth Rate (YoY)	12.6%
Total Assets	Rs407.04 Billion
Market Capitalization	$6.55 Billion USD

Valuation Analysis

Below Book Valuation: The market values Jindal Stainless Limited's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Jindal Stainless Limited's assets grew by 12.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Jindal Stainless Limited (2005–2026)

The table below shows the annual total assets of Jindal Stainless Limited from 2005 to 2026.

Year	Total Assets	Change
2026-03-31	Rs407.04 Billion ≈ $4.40 Billion	+12.57%
2025-03-31	Rs361.58 Billion ≈ $3.91 Billion	+17.33%
2024-03-31	Rs308.17 Billion ≈ $3.33 Billion	+13.55%
2023-03-31	Rs271.40 Billion ≈ $2.94 Billion	+82.61%
2022-03-31	Rs148.62 Billion ≈ $1.61 Billion	+38.45%
2021-03-31	Rs107.35 Billion ≈ $1.16 Billion	+0.53%
2020-03-31	Rs106.78 Billion ≈ $1.15 Billion	-0.35%
2019-03-31	Rs107.15 Billion ≈ $1.16 Billion	-1.10%
2018-03-31	Rs108.34 Billion ≈ $1.17 Billion	-0.69%
2017-03-31	Rs109.10 Billion ≈ $1.18 Billion	-16.07%
2016-03-31	Rs129.99 Billion ≈ $1.41 Billion	-7.27%
2015-03-31	Rs140.18 Billion ≈ $1.52 Billion	-14.68%
2014-03-31	Rs164.31 Billion ≈ $1.78 Billion	-4.74%
2013-03-31	Rs172.50 Billion ≈ $1.87 Billion	+2.20%
2012-03-31	Rs168.78 Billion ≈ $1.83 Billion	+14.95%
2011-03-31	Rs146.83 Billion ≈ $1.59 Billion	+13.64%
2010-03-31	Rs129.20 Billion ≈ $1.40 Billion	+17.54%
2009-03-31	Rs109.93 Billion ≈ $1.19 Billion	+12.24%
2008-03-31	Rs97.94 Billion ≈ $1.06 Billion	+46.48%
2007-03-31	Rs66.86 Billion ≈ $723.08 Million	+40.00%
2006-03-31	Rs47.76 Billion ≈ $516.48 Million	+42.03%
2005-03-31	Rs33.62 Billion ≈ $363.63 Million	--

About Jindal Stainless Limited

NSE:JSL India Steel

Market Cap

$6.55 Billion

Rs605.44 Billion INR

Market Cap Rank

#2974 Global

#137 in India

Share Price

Rs734.80

Change (1 day)

-0.40%

52-Week Range

Rs661.90 - Rs865.65

All Time High

Rs865.65