Jindal Stainless (NSE:JSL) Interest Expense: ₹-5,679 Mil (TTM As of Mar. 2026)

What is Jindal Stainless Interest Expense?

Jindal Stainless NSE:JSL +0.96% 92 Interest Expense is ₹-5,679 Mil as of Mar. 2026. GuruFocus rates NSE:JSL with a GF Score™ of 92/100 and a GF Value™ of ₹787.87 (Fairly Valued). The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jindal Stainless's interest expense for the three months ended in Mar. 2026 was ₹ -1,488 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-5,679 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Jindal Stainless's Operating Income for the three months ended in Mar. 2026 was ₹ 11,772 Mil. Jindal Stainless's Interest Expense for the three months ended in Mar. 2026 was ₹ -1,488 Mil. Jindal Stainless's Interest Coverage for the quarter that ended in Mar. 2026 was 7.91. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Jindal Stainless (NSE:JSL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Jindal Stainless's Interest Expense for the three months ended in Mar. 2026 was ₹-1,488 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹11,772 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹50,297 Mil.

Jindal Stainless's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	11771.8	/	-1488
	=	7.91

* 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.

The higher the ratio, the stronger the company's financial strength is.

Jindal Stainless Interest Expense Historical Data

* Premium members only.

The historical data trend for Jindal Stainless's Interest Expense can be seen below:

Jindal Stainless Interest Expense Chart

Jindal Stainless Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Interest Expense

Get a 7-Day Free Trial

-2,919.50

-2,685.40

-4,765.20

-6,116.40

-5,679.30

Jindal Stainless Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-1,498.10	-1,441.20	-1,408.30	-1,341.80	-1,488.00

92GF Score

Jindal Stainless Ltd NSE:JSL

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Jindal Stainless Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-5,679 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of ₹-5,679 Mil mean?

Jindal Stainless (NSE:JSL) has a Interest Expense of ₹-5,679 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Jindal Stainless and its competitors.

Is Jindal Stainless' Interest Expense too high?

Jindal Stainless' current Interest Expense is ₹-5,679 Mil. Overall, Jindal Stainless has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Jindal Stainless' Interest Expense compare to NUE and STLD?

Jindal Stainless' Interest Expense of ₹-5,679 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Steel company?

A good Interest Expense depends on the Steel industry context. However, Interest Expense 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Jindal Stainless and its competitors. Jindal Stainless's current Interest Expense is ₹-5,679 Mil. 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 ₹787.87, compared to a current price of ₹716.40 — trading 9.1% below its estimated fair value. The current Interest Expense is ₹-5,679 Mil. Jindal Stainless' overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Jindal Stainless (NSE:JSL), the current Interest Expense is ₹-5,679 Mil 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 ₹716.40 is trading 9.1% below its estimated GF Value™ of ₹787.87. GuruFocus considers Jindal Stainless to be Fairly Valued.

Key valuation signals for NSE:JSL:

Interest Expense: ₹-5,679 Mil
GF Value™: ₹787.87 vs. price of ₹716.40 (9.1% below fair value)
GF Score™: 92/100 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

Industry Basic Materials Steel

Comparable Companies BOM:533758 BOM:500113 BOM:526371 BOM:532144 BOM:543299 NSE:KIOCL BOM:520111 BOM:504614 BOM:512455 BOM:532734 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Other Exchanges 532508:India

Address Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066

Website https://www.jindalstainless.com

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.

92GF Score

Get the complete analysis for NSE:JSL

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

₹716.40

Price

₹787.87

GF Value

View NSE:JSL Analysis

See Interest Expense data for all stocks →