Jindal Stainless

Jindal Stainless Net Debt/Equity

The Net Debt to Equity Ratio of Jindal Stainless (JSL.NS) as of Oct 19, 2026 is 0.30. In the previous year, Net Debt to Equity Ratio was 0.29 — a change of 1.44% (higher).

Net Debt/Equity

0.30

YoY

1.44%

Last updated:

Net Debt to Equity Ratio of Jindal Stainless is 2025 0.30 . Net Debt to Equity Ratio of Jindal Stainless was 2024 0.29 . It decreases by 1.44% higher compared to the previous year.

The Jindal Stainless Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2018
2.01 INR
Jan 1, 2019
1.68 INR
Jan 1, 2020
1.42 INR
Jan 1, 2021
0.99 INR
Jan 1, 2022
0.29 INR
Jan 1, 2023
0.25 INR
Jan 1, 2024
0.29 INR
Jan 1, 2025
0.30 INR
The Jindal Stainless Net Debt/Equity history
YEARNet Debt/EquityYoY
0.30+1.44%
0.29+15.52%
0.25-14.16%
0.29-70.21%
0.99-30.69%
1.42-15.16%
1.68-16.52%
2.01-37.72%
3.22-104.62%
-69.86-223.59%
56.52-70.76%
193.32—

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Jindal Stainless Stock analysis

What does Jindal Stainless do? Jindal Stainless Ltd, listed on the National Stock Exchange of India under the ticker JSL.NS, is a materials company operating in the Metals & Mining sector. Headquartered in New Delhi, the company employs 4,688 people. It went public through an IPO on November 17, 2003. Jindal Stainless Ltd focuses on manufacturing stainless steel within India, offering a range of products including slabs, hot rolled coils, cold rolled coils, plates, and various grades of stainless steel such as 200 series, 300 series, 400 series, and duplex. The company serves multiple industries including architecture, construction, automotive, transport, railway, consumer durables, process industry, plumbing, coin blanks, nuclear applications, and precision strip and blade steel. The company operates a stainless-steel plant in Jaipur, Odisha, with an annual production capacity of 1.1 million tons across approximately 800 acres. It maintains a diverse product portfolio featuring around 120 grades and has a distribution network with service centers both domestically and internationally. The company's website is https://www.jindalstainless.com/. Jindal Stainless is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Jindal Stainless stock

Net Debt to Equity Ratio of Jindal Stainless is 0.30 in 2025.

Net Debt to Equity Ratio of Jindal Stainless changed from 0.29 to 0.30, representing a 1.44% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio Jindal Stainless since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's Jindal Stainless with sector peers and the industry average to assess whether it is attractive.

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Leverage — Jindal Stainless

All Key Metrics — Jindal Stainless