₹690.0
-2.1% today
· 30d -2.47%
as of 2026-11-09
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 2026-09-30
REVENUE
₹12874 Cr
+18.19% YoY
NET PROFIT
₹898 Cr
+11.12% YoY
OPM
11.9%
-1.42pp YoY
EPS
₹10.85
PE 18.8
Intrinsic value · DCF ₹804.23 · Margin of safety +16.6% (fair) · FCF yield 1.3%
◇ 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
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ML Forward Growth Predictions 🔒
59
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
NEUTRAL
40
Valuation
CHEAP
75
Growth
STRONG
73
Profitability
DECENT
68
Technicals
WEAK
47
Risk
MODERATE
50
Key Stats
TTM PE
18.8
P/B
13.32
52W HIGH
₹884.0
OFF HIGH
-21.95%
DIV YIELD
0.41%
MKT CAP
₹56755 Cr
◉ Active Signals
MACDNeutral1.5229
RSI(14)Neutral44.85
Near 52W LowBearish5.79
Street Consensus
14 analysts₹869.93
mean target
Low ₹790.0Now ₹690.0High ₹970.0
⧉ Strategy Fit 🔒