Jindal Stainless Balance Sheet
- Market cap
- ₹60,560 crore
- P/E
- 18.6
- P/B
- 3.20
- ROE
- 16.4%
- Dividend yield
- 0.41%
As of Mar 2022, Jindal Stainless had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings fell 69.68% from Mar 2023.
Jindal Stainless balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 165 | 165 | 165 | 165 |
| Reserves | 8,500 | 7,659 | 10,074 | 12,345 | 15,289 |
| Borrowings | 1,200 | 3,958 | 6,052 | 6,402 | 7,460 |
| Other liabilities | 3,500 | 11,190 | 10,390 | 13,048 | 13,361 |
| Total liabilities | 13,700 | 27,115 | 30,817 | 36,158 | 40,704 |
| Fixed assets | 6,500 | 9,940 | 13,336 | 15,190 | 18,615 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 5,423 | 6,163 | 7,232 | 8,141 |
| Other assets | 4,300 | 8,135 | 9,245 | 10,847 | 12,211 |
| Total assets | 13,700 | 27,115 | 30,817 | 36,158 | 40,704 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Jindal Stainless balance sheet — frequently asked questions
What is the total debt of Jindal Stainless?
Jindal Stainless reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹3,958 crore as of Mar 2023.
What is Jindal Stainless' debt-to-equity ratio?
Based on the Mar 2022 balance sheet, Jindal Stainless' debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are Jindal Stainless' total assets?
Jindal Stainless' total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
Same Data For Peers
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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.