Jindal StainlessNSE:JSL +1.39%91 Current Ratio is 1.25 as of Mar. 2026, which is 10% above its 10-year median of 1.14. GuruFocus rates NSE:JSL with a GF Score™ of 91/100 and a GF Value™ of ₹785.56 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 635 Steel companies, Jindal Stainless ranks worse than 68.82% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Jindal Stainless's current ratio for the quarter that ended in Mar. 2026 was 1.25.
Jindal Stainless has a current ratio of 1.25. It generally indicates good short-term financial strength.
The historical rank and industry rank for Jindal Stainless's Current Ratio or its related term are showing as below:
NSE:JSL'
s Current Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.14 Max: 1.47
Current: 1.25
During the past 13 years, Jindal Stainless's highest Current Ratio was 1.47. The lowest was 0.66. And the median was 1.14.
NSE:JSL's Current Ratio is ranked worse than 68.82% of 635
companies
in the Steel industry
Industry Median: 1.63
vs NSE:JSL: 1.25
Jindal Stainless (NSE:JSL) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Jindal Stainless Current Ratio Related Terms
Jindal Stainless Current Ratio Historical Data
* Premium members only.
The historical data trend for Jindal Stainless's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:JSL vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Jindal Stainless's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jindal Stainless Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Jindal Stainless's Current Ratio distribution charts can be found below:
* The bar in red indicates where Jindal Stainless's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Jindal Stainless (NSE:JSL) has a Current Ratio of 1.25 as of Mar. 2026. This is 10% above median its historical median of 1.14. Over the past decade, Jindal Stainless' Current Ratio has ranged from 0.66 to 1.47. According to the industry distribution chart, Jindal Stainless ranks #437 out of 635 companies in the Steel industry, placing it in the top 68.8%.
Is Jindal Stainless' Current Ratio too high?
Jindal Stainless' current Current Ratio of 1.25 is 10% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.47. The Steel industry median Current Ratio is 1.63. Jindal Stainless' value of 1.25 is 23.3% below this industry median. Based on the distribution chart, Jindal Stainless ranks #437 out of 635 companies in the Steel industry, which is below the industry midpoint. Overall, Jindal Stainless has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jindal Stainless' Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Jindal Stainless ranks #437 out of 635 companies for Current Ratio. This places Jindal Stainless in the lower half of its industry. The industry median Current Ratio is 1.63. Jindal Stainless' value of 1.25 is 23.3% below this benchmark. Historically, Jindal Stainless' own Current Ratio has ranged from 0.66 to 1.47 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.63, Jindal Stainless has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Steel company?
The median Current Ratio among Steel companies is 1.63, based on 635 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jindal Stainless's current Current Ratio of 1.25 is 23.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindal Stainless's current Current Ratio is 1.25, which is 10% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Stainless stock overvalued right now?
Based on GuruFocus' analysis, Jindal Stainless (NSE:JSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹785.56, compared to a current price of ₹692.65 — trading 11.8% below its estimated fair value. The current Current Ratio is 1.25, which is 10% above median its 10-year median of 1.14 and 23.3% below the Steel industry median of 1.63. Jindal Stainless' overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Jindal Stainless (NSE:JSL), the current Current Ratio is 1.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Jindal Stainless (NSE:JSL) Overvalued in 2026?
Based on GuruFocus' analysis, Jindal Stainless stock appears to be undervalued.
The current stock price of ₹692.65 is trading 11.8% below its estimated GF Value™ of ₹785.56.
GuruFocus considers Jindal Stainless to be Modestly Undervalued.
Key valuation signals for NSE:JSL:
Current Ratio: 1.25 (10% above median its 10-year median of 1.14)
GF Value™: ₹785.56 vs. price of ₹692.65 (11.8% below fair value)
Industry Position: 23.3% below the Steel median (#437 of 635)
No single metric tells the full story. See the NSE:JSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jindal Stainless Ltd is an India-based stainless steel manufacturing company. It offers products such as ferroalloys, stainless steel slabs, and blooms, hot rolled and cold rolled coils, plates, razor blade steel, precision strips, and coin blanks. The firm has a distribution network through its service centers and warehouses in both the Indian and overseas markets. Jindal derives the majority of the revenue from the sale of steel products.
91GF Score
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