Jindal Stainless (NSE:JSL) Tax Expense: ₹10,575 Mil (TTM As of Mar. 2026)


NSE:JSL Jindal Stainless Ltd NSE:JSL
93 GF Score
Price ₹702.25
GF Value ₹786.40
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Jindal Stainless Tax Expense?

Jindal Stainless NSE:JSL +0.59% 93 Tax Expense is ₹10,575 Mil as of Mar. 2026. GuruFocus rates NSE:JSL with a GF Score™ of 93/100 and a GF Value™ of ₹786.40 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Jindal Stainless's tax expense for the months ended in Mar. 2026 was ₹2,781 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹10,575 Mil.


Jindal Stainless  (NSE:JSL) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Jindal Stainless Tax Expense Related Terms


Jindal Stainless Tax Expense Historical Data

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The historical data trend for Jindal Stainless's Tax Expense 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 Tax Expense Chart

Jindal Stainless Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,496.50 6,901.40 8,989.90 8,392.40 10,575.00

Jindal Stainless Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense 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 1,387.90 2,543.90 2,705.00 2,545.00 2,781.10
NSE:JSL
93GF Score
Jindal Stainless Ltd NSE:JSL
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Jindal Stainless Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax 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 ₹10,575 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of ₹10,575 Mil mean?
Jindal Stainless (NSE:JSL) has a Tax Expense of ₹10,575 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Jindal Stainless and its competitors.
Is Jindal Stainless' Tax Expense too high?
Jindal Stainless' current Tax Expense is ₹10,575 Mil. Overall, Jindal Stainless has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jindal Stainless' Tax Expense compare to NUE and STLD?
Jindal Stainless' Tax Expense of ₹10,575 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 Tax Expense for a Steel company?
A good Tax Expense depends on the Steel industry context. However, Tax 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Jindal Stainless and its competitors. Jindal Stainless's current Tax Expense is ₹10,575 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 Modestly Undervalued. The stock's GF Value™ is ₹786.40, compared to a current price of ₹702.25 — trading 10.7% below its estimated fair value. The current Tax Expense is ₹10,575 Mil. Jindal Stainless' overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Jindal Stainless (NSE:JSL), the current Tax Expense is ₹10,575 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 ₹702.25 is trading 10.7% below its estimated GF Value™ of ₹786.40. GuruFocus considers Jindal Stainless to be Modestly Undervalued.

Key valuation signals for NSE:JSL:

  • Tax Expense: ₹10,575 Mil
  • GF Value™: ₹786.40 vs. price of ₹702.25 (10.7% below fair value)
  • GF Score™: 93/100 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.
93GF Score

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

₹702.25
Price
₹786.40
GF Value