Jindal Stainless Limited

NSEI:JSL Stock Report

Market Cap: ₹592.7b

Jindal Stainless Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Tarun Khulbe

Chief executive officer

₹30.9m

Total compensation

CEO salary percentage86.2%
CEO tenureless than a year
CEO ownershipn/a
Management average tenureless than a year
Board average tenure4.3yrs

Recent management updates

Recent updates

Jindal Stainless (NSE:JSL) Might Have The Makings Of A Multi-Bagger

Dec 11
Jindal Stainless (NSE:JSL) Might Have The Makings Of A Multi-Bagger

Jindal Stainless Limited (NSE:JSL) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Oct 20
Jindal Stainless Limited (NSE:JSL) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

A Look At The Intrinsic Value Of Jindal Stainless Limited (NSE:JSL)

Oct 08
A Look At The Intrinsic Value Of Jindal Stainless Limited (NSE:JSL)

Jindal Stainless (NSE:JSL) Ticks All The Boxes When It Comes To Earnings Growth

Sep 16
Jindal Stainless (NSE:JSL) Ticks All The Boxes When It Comes To Earnings Growth

Jindal Stainless Limited (NSE:JSL) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Aug 02
Jindal Stainless Limited (NSE:JSL) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Jindal Stainless Limited (NSE:JSL) Screens Well But There Might Be A Catch

Jul 26
Jindal Stainless Limited (NSE:JSL) Screens Well But There Might Be A Catch

Here's Why Jindal Stainless (NSE:JSL) Can Manage Its Debt Responsibly

Jul 04
Here's Why Jindal Stainless (NSE:JSL) Can Manage Its Debt Responsibly

Here's Why Jindal Stainless (NSE:JSL) Has Caught The Eye Of Investors

Jun 13
Here's Why Jindal Stainless (NSE:JSL) Has Caught The Eye Of Investors

Sentiment Still Eluding Jindal Stainless Limited (NSE:JSL)

Apr 11
Sentiment Still Eluding Jindal Stainless Limited (NSE:JSL)

Jindal Stainless Limited's (NSE:JSL) Intrinsic Value Is Potentially 22% Below Its Share Price

Mar 24
Jindal Stainless Limited's (NSE:JSL) Intrinsic Value Is Potentially 22% Below Its Share Price

Investors Should Be Encouraged By Jindal Stainless' (NSE:JSL) Returns On Capital

Mar 09
Investors Should Be Encouraged By Jindal Stainless' (NSE:JSL) Returns On Capital

Here's Why Jindal Stainless (NSE:JSL) Has Caught The Eye Of Investors

Feb 22
Here's Why Jindal Stainless (NSE:JSL) Has Caught The Eye Of Investors

Jindal Stainless Limited (NSE:JSL) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹637

Jan 23
Jindal Stainless Limited (NSE:JSL) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹637

Why Investors Shouldn't Be Surprised By Jindal Stainless Limited's (NSE:JSL) Low P/E

Dec 28
Why Investors Shouldn't Be Surprised By Jindal Stainless Limited's (NSE:JSL) Low P/E

CEO Compensation Analysis

How has Tarun Khulbe's remuneration changed compared to Jindal Stainless's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹25b

Jun 30 2024n/an/a

₹26b

Mar 31 2024₹31m₹27m

₹27b

Dec 31 2023n/an/a

₹30b

Sep 30 2023n/an/a

₹28b

Jun 30 2023n/an/a

₹25b

Mar 31 2023₹25m₹23m

₹21b

Dec 31 2022n/an/a

₹15b

Sep 30 2022n/an/a

₹17b

Jun 30 2022n/an/a

₹19b

Mar 31 2022₹21m₹20m

₹31b

Dec 31 2021n/an/a

₹14b

Sep 30 2021n/an/a

₹12b

Jun 30 2021n/an/a

₹8b

Mar 31 2021₹18m₹17m

₹4b

Dec 31 2020n/an/a

₹651m

Sep 30 2020n/an/a

-₹532m

Jun 30 2020n/an/a

-₹971m

Mar 31 2020₹16m₹15m

₹713m

Dec 31 2019n/an/a

₹2b

Sep 30 2019n/an/a

₹2b

Jun 30 2019n/an/a

₹794m

Mar 31 2019₹14m₹12m

₹1b

Compensation vs Market: Tarun's total compensation ($USD363.99K) is below average for companies of similar size in the Indian market ($USD744.54K).

Compensation vs Earnings: Tarun's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Tarun Khulbe (59 yo)

less than a year

Tenure

₹30,946,000

Compensation

Mr. Tarun Kumar Khulbe has been Whole-Time Director at Jindal Stainless Limited since May 15, 2018 and serves as its Chief Executive Officer since January 01, 2024. Mr. Khulbe served as Senior Vice Preside...

Leadership Team

NamePositionTenureCompensationOwnership
Ratan Jindal
Chairman & MDno datano data0.0050%
₹ 29.6m
Tarun Khulbe
CEO & Whole Time Directorless than a year₹30.95mno data
Anurag Mantri
Group CFO & Executive Director7.8yrs₹33.30m0.0069%
₹ 41.0m
Jagmohan Sood
COO & Additional Whole-Time Directorless than a year₹30.26mno data
Navneet Raghuvanshi
Head of Legal6.7yrs₹116.00kno data
Abhyuday Jindal
MD & Executive Directorless than a year₹280.30m3.05%
₹ 18.1b
Sanjay Mishra
Chief Digital & Information Officerless than a yearno datano data
Shreya Sharma
Head of Investor Relationsno datano datano data
Rajeev Garg
Head of Sales3.3yrsno data0.0019%
₹ 11.1m
Sushil Baveja
Chief Human Resource Officerno datano datano data
Deepika Jindal
Chairperson of Jindal Stainless Foundationno datano data0.39%
₹ 2.3b
Kalyan Bhattacherjee
Chief Sustainability Officerno datano datano data

0.9yrs

Average Tenure

58yo

Average Age

Experienced Management: JSL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ratan Jindal
Chairman & MDno datano data0.0050%
₹ 29.6m
Tarun Khulbe
CEO & Whole Time Director6.6yrs₹30.95mno data
Anurag Mantri
Group CFO & Executive Director1.9yrs₹33.30m0.0069%
₹ 41.0m
Jagmohan Sood
COO & Additional Whole-Time Director1.6yrs₹30.26mno data
Abhyuday Jindal
MD & Executive Director7.3yrs₹280.30m3.05%
₹ 18.1b
Jayaram Easwaran
Independent Non-Executive Director5.3yrs₹1.06m0.00012%
₹ 711.2k
Savitri Jindal
Chairperson Emeritus11.2yrsno data0.032%
₹ 188.1m
Rajeev Uberoi
Additional Non-Executive Independent Director2.1yrs₹960.00kno data
Arti Luniya
Non-Executive Independent Director5.1yrs₹1.00mno data
Parveen Malhotra
Non-Executive Nominee Director4.3yrs₹940.00kno data
Ajay Mankotia
Additional Non-Executive Independent Director1.4yrs₹710.00kno data
Shruti Shrivastava
Independent Non-Executive Director1.9yrs₹630.00kno data

4.3yrs

Average Tenure

63yo

Average Age

Experienced Board: JSL's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 19:47
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Jindal Stainless Limited is covered by 14 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Parthiv JhonsaAnand Rathi Shares and Stock Brokers Limited
null nullBatlivala & Karani Securities India Pvt. Ltd.
Rajesh MajumdarBatlivala & Karani Securities India Pvt. Ltd.