Jindal Stainless (NSE:JSL) Debt-to-EBITDA : 0.00 (As of Jun. 2026)

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NSE:JSL Jindal Stainless Ltd NSE:JSL
88 GF Score
Price ₹737.90
GF Value ₹789.03
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Jindal Stainless Debt-to-EBITDA?

Jindal Stainless NSE:JSL +1.77% 88 Debt-to-EBITDA is 0.00 as of Jun. 2026. GuruFocus rates NSE:JSL with a GF Score™ of 88/100 and a GF Value™ of ₹789.03 (Fairly Valued). The stock has 1 warning sign investors should review. Among 496 Steel companies, Jindal Stainless ranks better than 73.19% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Jindal Stainless's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Jindal Stainless's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Jindal Stainless's annualized EBITDA for the quarter that ended in Jun. 2026 was ₹59,286 Mil. Jindal Stainless's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.00.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Jindal Stainless's Debt-to-EBITDA or its related term are showing as below:

NSE:JSL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.77   Med: 1.74   Max: 4.56
Current: 1.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jindal Stainless was 4.56. The lowest was 0.77. And the median was 1.74.

NSE:JSL's Debt-to-EBITDA is ranked better than
73.19% of 496 companies
in the Steel industry
Industry Median: 2.935 vs NSE:JSL: 1.25

Jindal Stainless  (NSE:JSL) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Jindal Stainless Debt-to-EBITDA Related Terms


Jindal Stainless Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Jindal Stainless's Debt-to-EBITDA 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.

Jindal Stainless Debt-to-EBITDA Chart

Jindal Stainless Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 1.05 1.22 1.33 1.28

Jindal Stainless Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 1.16 0.00 1.21 0.00

NSE:JSL vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, Jindal Stainless's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Jindal Stainless's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jindal Stainless's Debt-to-EBITDA falls into.


NSE:JSL
88GF Score
Jindal Stainless Ltd NSE:JSL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jindal Stainless Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Jindal Stainless's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(24306.3 + 50297) / 58161.4
=1.28

Jindal Stainless's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 59285.6
=0.00

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.00 mean?
Jindal Stainless (NSE:JSL) has a Debt-to-EBITDA of 0.00 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Jindal Stainless. Over the past decade, Jindal Stainless' Debt-to-EBITDA has ranged from 0.77 to 4.56. According to the industry distribution chart, Jindal Stainless ranks #133 out of 496 companies in the Steel industry, placing it in the top 26.8%.
Is Jindal Stainless' Debt-to-EBITDA too high?
Jindal Stainless' current Debt-to-EBITDA is 0.00. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 4.56. Based on the distribution chart, Jindal Stainless ranks #133 out of 496 companies in the Steel industry, which is above the industry midpoint. Overall, Jindal Stainless has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jindal Stainless' Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Jindal Stainless ranks #133 out of 496 companies for Debt-to-EBITDA. This puts Jindal Stainless in the upper half of its industry. The industry median Debt-to-EBITDA is 2.94. Historically, Jindal Stainless' own Debt-to-EBITDA has ranged from 0.77 to 4.56 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Steel company?
The median Debt-to-EBITDA among Steel companies is 2.94, based on 496 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Jindal Stainless. For the Steel industry, the median Debt-to-EBITDA is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindal Stainless's current Debt-to-EBITDA is 0.00. 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 Fairly Valued. The stock's GF Value™ is ₹789.03, compared to a current price of ₹737.90 — trading 6.5% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Jindal Stainless' overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Jindal Stainless (NSE:JSL), the current Debt-to-EBITDA is 0.00 as of Jun. 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 ₹737.90 is trading 6.5% below its estimated GF Value™ of ₹789.03. GuruFocus considers Jindal Stainless to be Fairly Valued.

Key valuation signals for NSE:JSL:

  • Debt-to-EBITDA: 0.00
  • GF Value™: ₹789.03 vs. price of ₹737.90 (6.5% below fair value)
  • GF Score™: 88/100 with 1 warning sign

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 Business Description

Other Exchanges 532508:India
Address Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066
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.
88GF Score

Get the complete analysis for NSE:JSL

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹737.90
Price
₹789.03
GF Value