Jindal Stainless

Jindal Stainless Net Debt/Equity

The Net Debt to Equity Ratio of Jindal Stainless (JSL.NS) as of Oct 20, 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. operates as a holding company that engages in the provision of stainless steel flat products and is focused on manufacturing stainless steel in India. The company offers a range of stainless-steel products in 200 series, 300 series, 400 series and duplex stainless-steel grades. Its products include slabs, hot rolled coils, cold rolled coils, plates and grades. The company offers its services to the applications, such as architecture, buildings, and construction, automotive and transport, railway, consumer durables, process industry, plumbing, coin blanks, nuclear applications and precision strip and blade steel. The company operates a stainless-steel plant at Jaipur, Odisha with a capacity of 1.1 million tons per annum spread across approximately 800 acres. The company has a diverse product portfolio comprising approximately 120 grades and a distribution network with service centers in the domestic and international markets. The Company, through its subsidiary, Jindal United Steel Limited, operates Hot Strip Mill, loca 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