Jindal Stainless Limited

Manufacturer of stainless steel products for various industries with large production capacity and diverse product range.

1980 | Hisar, Haryana (India) | Active
Last Updated: September 30, 2024

Jindal Stainless Profile

Key Indicators

  • Authorised Capital ₹ 243.00 Cr
  • Paid Up Capital ₹ 164.69 Cr
  • Company Age 44 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25,369.78 Cr
  • Satisfied Charges ₹ 32,013.15 Cr
  • Revenue Growth 72.53%
  • Profit Growth 20.28%
  • Ebitda 27.81%
  • Net Worth 132.14%
  • Total Assets 89.38%

About Jindal Stainless

Jindal Stainless Limited (JSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 September 1980 and has a history of 44 years and five months. Its registered office is in Hisar, Haryana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532508 and on the National Stock Exchange(NSE) under JSL.

The Corporate was formerly known as Jsl Stainless Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 243.00 Cr and a paid-up capital of Rs 164.69 Cr.

The company currently has active open charges totaling ₹25,369.78 Cr. The company has closed loans amounting to ₹32,013.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jindal Stainless Limited India are Navneet Raghuvanshi as Company Secretary, Anurag Mantri as Cfo, and Tarun Khulbe as Ceo. Shruti Shrivastava, Jagmohan Sood, Tarun Khulbe, and Nine other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L26922HR1980PLC010901

  • Company No.

    010901

  • Stock Symbol

    BSE : 532508 NSE : JSL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1980

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

What products or services does Jindal Stainless Limited offer?

Jindal Stainless Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Steel Products, Steel Bars, Rods, Plates & Sheets, Stainless Steel Plate, Gazebos, Awnings, Canopies & Sheds, Metal Canopies, Steel and Stainless Steel Coils, Jindal Steel Hot Rolled Coils, Cold Rolled Coils, Stainless Steel Dustbin.

Who are the key members and board of directors at Jindal Stainless?

Executive Team (5)

NameDesignationAppointment DateStatus
Abhyuday Jindal Country flag representing In Managing Director09-Aug-2017Current
Navneet Raghuvanshi Country flag representing In Company Secretary25-Apr-2018Current
Anurag Mantri Country flag representing In CFO07-Feb-2017Current
Ratan Jindal Country flag representing In Managing Director23-Jul-2003Current
Tarun Khulbe CEO29-Jan-2024Current

Financial Performance of Jindal Stainless.

Jindal Stainless Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.53% increase. The company also saw a substantial improvement in profitability, with a 20.28% increase in profit. The company's net worth Soared by an impressive increase of 132.14%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
72.53%
Revenue from Operations
72.46%
Total Assets
89.38%
Profit or Loss
20.28%
Net Worth
132.14%
EBITDA
27.81%

What is the Ownership and Shareholding Structure of Jindal Stainless?

In 2022, Jindal Stainless had a promoter holding of 69.86% and a public holding of 30.13%. The company had 2 Subsidiaries and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25,369.78 Cr

Satisfied Charges

₹32,013.15 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 22268.39 Cr
  • Yes Bank Limited : 2000.00 Cr
  • Others : 674.00 Cr
  • Axis Bank Limited : 370.00 Cr
  • State Bank Of India : 57.39 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jul 2024Sbicap Trustee Company Limited₹380.00 CrOpen
28 Jun 2024Others₹99.00 CrOpen
17 Apr 2024Yes Bank Limited₹2,000.00 CrOpen
23 Feb 2024Others₹200.00 CrOpen
29 Dec 2023Axis Bank Limited₹170.00 CrOpen

How Many Employees Work at Jindal Stainless?

Jindal Stainless has a workforce of 2604 employees as of Sep 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jindal Stainless, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Jindal Stainless's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Jindal Stainless

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 2,000.00 Cr registered on 17 Apr 2024 with Charge ID 100907947 was modified on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 380.00 Cr with Charge ID 100953197 was registered on 19 Jul 2024.

    19 Jul 2024

  • Charges

    A charge registered on 24 Aug 2020 via Charge ID 100369402 with Sbicap Trustee Company Limited was fully satisfied on 08 Jul 2024.

    08 Jul 2024

  • Charges

    A charge registered on 24 Jun 2020 via Charge ID 100357783 with Sbicap Trustee Company Limited was fully satisfied on 08 Jul 2024.

    08 Jul 2024

  • Charges

    A charge registered on 17 Oct 2017 via Charge ID 100217083 with Sbicap Trustee Company Limited was fully satisfied on 08 Jul 2024.

    08 Jul 2024

  • Charges

    A charge registered on 17 Oct 2017 via Charge ID 100217084 with Sbicap Trustee Company Limited was fully satisfied on 08 Jul 2024.

    08 Jul 2024

Frequently asked questions

  • What is the Incorporation or founding date of Jindal Stainless Limited?

    Jindal Stainless Limited was incorporated on 29 Sep 1980.

  • What is authorized share capital and paid-up capital of Jindal Stainless Limited?

    The authorized share capital of Jindal Stainless Limited is ₹ 243.00 Cr and paid-up capital is ₹ 164.69 Cr.

  • Who are the current board members & directors of Jindal Stainless Limited?

    Currently 15 directors are associated with Jindal Stainless Limited.

    • Navneet Raghuvanshi
    • Anurag Mantri
    • Shruti Shrivastava
    • Jagmohan Sood
    • Tarun Kumar Khulbe
    • Abhyuday Jindal
    • Arti Luniya
    • Anurag Mantri
    • Parveen Kumar Malhotra
    • Ajay Mankotia
    • Jayaram Easwaran
    • Rajeev Uberoi
    • Aarti Gupta
    • Ratan Jindal
    • Tarun Kumar Khulbe
  • What is the registered address of Jindal Stainless Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Jindal Stainless Limited is O.P. Jindal Marg India, Hisar, Haryana, 125005.

  • What is the corporate identification number (CIN) and company number of Jindal Stainless Limited?

    The corporate identification number (CIN) of Jindal Stainless Limited is L26922HR1980PLC010901 and the company number is 010901 as per Ministry of Corporate Affairs (MCA).

  • Is Jindal Stainless Limited registered with any stock exchange in India?

    Yes, Jindal Stainless Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): JSL.

  • What is the official website of Jindal Stainless Limited?

    The Official website of Jindal Stainless Limited is https://www.jindalstainless.com

  • What has been the recent revenue trend for Jindal Stainless Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Jindal Stainless Limited has risen by 72.53%.

  • How many employees does Jindal Stainless Limited currently have?

    As Per 2023 financial reports, 2604 employees are currently employed by Jindal Stainless Limited.

  • What change has been observed in the net worth of Jindal Stainless Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Jindal Stainless Limited has experienced an upsurge of 132.14%.

  • What are the total open charges for Jindal Stainless Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Jindal Stainless Limited amount to ₹ 25,369.78 Cr.

  • When was the last Balance Sheet of Jindal Stainless Limited filed with the ROC?

    The most recent Balance Sheet for Jindal Stainless Limited was filed with the ROC on 31 Mar 2023.

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