₹740.0
-0.07% today
· 30d +0.76%
as of 2026-09-04
Price · Daily Candles
“Jindal Stainless shrugs off FII exits, posts strong Q4 profit surge despite bearish MACD.”
Jindal Stainless (JSL) reported a robust Q4 2026, with net profit soaring +41.4% YoY to ₹834 crore on revenue growth of +11.17% YoY. This performance comes despite a -0.66% QoQ FII stake reduction and the stock trading -17.53% off its 52-week high of ₹884, indicating potential undervaluation.
BULL CASE
+Q4 2026 net profit surged +41.4% YoY to ₹834 crore, outpacing revenue growth of +11.17% YoY.
+Annual net profit grew +27.4% YoY in fiscal year 2026, reaching ₹3185 crore.
+The company maintains a high promoter holding of 62.05% as of Q4 2026, with a fractional QoQ increase of 0.82%.
+JSL's PE ratio of 18.8 is significantly lower than some peers like TATASTEEL (PE 76.74) and JSWSTEEL (PE 90.1).
BEAR CASE
−FIIs decreased their stake by -0.66% QoQ, holding 20.87% of the company as of Q4 2026.
−The stock is trading -17.53% below its 52-week high of ₹884, and has seen a -4.87% decline over the past month.
−Technical indicators show a moderate 'bearish' signal from MACD and a 'weak' 'neutral' signal from RSI(14) at 40.16.
−ML predictions show weak ranks for FCF growth (e.g., FCF 1Y stable 7Y rank at 0.014).
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹11279 Cr
+10.5% YoY
NET PROFIT
₹769 Cr
+7.56% YoY
OPM
13.0%
-0.28pp YoY
EPS
₹9.34
PE 18.8
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-22.7%, h2=-21.4%, h3=-21.4% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Jindal Stainless (JSL) trades at a significantly lower TTM PE of 18.8 with a ROCE of 19.0%, contrasting sharply with peers like JSWSTEEL (PE 90.1, ROCE 12.68%) and TATASTEEL (PE 76.74, ROCE 13.82%).
PEERPEROCE %
JSL18.819.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
66
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
POSITIVE
55
Valuation
CHEAP
75
Growth
STRONG
73
Profitability
DECENT
68
Technicals
STRONG
72
Risk
MODERATE
50
Key Stats
TTM PE
18.8
P/B
13.32
52W HIGH
₹884.0
OFF HIGH
-16.29%
DIV YIELD
0.41%
MKT CAP
₹60868 Cr
◉ Active Signals
MACDBullish2.7769
RSI(14)Neutral59.04
Street Consensus
14 analysts₹869.93
mean target
Low ₹790.0Now ₹740.0High ₹970.0
⧉ Strategy Fit 🔒