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Jindal Stainless
4.2
based on 2.1k Reviews
Video summary
Company Overview
Associated Companies
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Working at Jindal Stainless
Company Summary
Leading manufacturer of stainless steel, with significant production capacity and a diverse product range, catering to markets domestically and internationally.
Overall Rating
4.2/5
based on 2.1k reviews
8% above
industry average
Highly rated for
Job security, Skill development, Work-life balance
Work Policy
Work from office
88% employees reported
Monday to Saturday
54% employees reported
Strict timing
53% employees reported
No travel
60% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
126 employees reported
Health insurance
122 employees reported
Cafeteria
84 employees reported
Office cab/shuttle
46 employees reported
View all benefits
About Jindal Stainless
Founded in1970 (55 yrs old)
India Employee Count5k-10k
Global Employee Count10k-50k
India HeadquartersDelhi/NCR, New Delhi, India
Office Locations
--
Websitejslstainless.com
Primary Industry
Other Industries
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View in video summary
India's leading stainless steel manufacturer, Jindal Stainless, has an annual melt capacity of 3 MT and an annual turnover of INR 35,700 crore (US $4.30 billion as of March 23).
It has two stainless steel manufacturing complexes in India, in the states of Haryana and Odisha, and an overseas unit in Indonesia - this unit serves the markets of Southeast Asia and nearby regions.
Jindal Stainless has a worldwide network in 15 countries and one service center in Spain. In India, there are 10 sales offices and six service centers. The Company’s product range includes stainless steel slabs, blooms, coils, plates, sheets, precision strips, blade steel, and coin blanks.
It has two stainless steel manufacturing complexes in India, in the states of Haryana and Odisha, and an overseas unit in Indonesia - this unit serves the markets of Southeast Asia and nearby regions.
Jindal Stainless has a worldwide network in 15 countries and one service center in Spain. In India, there are 10 sales offices and six service centers. The Company’s product range includes stainless steel slabs, blooms, coils, plates, sheets, precision strips, blade steel, and coin blanks.
Mission: To be a leading stainless steel company in the world
Forging reliable relationships with customers, suppliers, employees and all other stakehoders
Building strong capabilities driving innovative practices, high quality and competitive solutions
Vision: Improving lives through trustworthy and innovative Stain-less solutions
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Jindal Stainless Ratings
based on 2.1k reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
5
1k
4
655
3
248
2
76
1
86
Category Ratings
4.2
Job security
4.0
Skill development
3.9
Work-life balance
3.8
Company culture
3.8
Salary
3.8
Work satisfaction
3.6
Promotions
Jindal Stainless is rated 4.2 out of 5 stars on AmbitionBox, based on 2.1k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Jindal Stainless
based on 2k reviews
3.9
Rated by 69 Women
Rated 4.0 for Job security and 3.7 for Work-life balance
4.2
Rated by 2k Men
Rated 4.2 for Job security and 4.0 for Skill development
Work Policy at Jindal Stainless
based on 389 reviews in last 6 months
Work from office
88%
Hybrid
7%
Permanent work from home
5%
Jindal Stainless Reviews
Top mentions in Jindal Stainless Reviews
+ 5 more
Compare Jindal Stainless with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.2/5 based on 2.1k reviews | 4.1/5 based on 7.2k reviews | 3.9/5 based on 5.7k reviews | 4.1/5 based on 571 reviews |
Highly Rated for | Job security Skill development Work-life balance | Job security Skill development Work-life balance | Job security Skill development | Job security Work-life balance Skill development |
Critically Rated for | No critically rated category | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 88% employees reported | Work from office 71% employees reported | Work from office 87% employees reported | Work from office 89% employees reported |
Rating by Women Employees | 3.9 Good rated by 69 women | 4.0 Good rated by 463 women | 3.8 Good rated by 258 women | 4.0 Good rated by 54 women |
Rating by Men Employees | 4.2 Good rated by 2k men | 4.1 Good rated by 6.3k men | 3.9 Good rated by 5.2k men | 4.1 Good rated by 467 men |
Job security | 4.2 Good | 4.1 Good | 4.1 Good | 4.2 Good |
View more
Jindal Stainless Salaries
Jindal Stainless salaries have received with an average score of 3.8 out of 5 by 2.1k employees.
Junior Engineer
(1.2k salaries)
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₹2.1 L/yr - ₹5.7 L/yr
Executive Engineer
(689 salaries)
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₹4 L/yr - ₹10.5 L/yr
Assistant Engineer
(644 salaries)
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₹3.2 L/yr - ₹7 L/yr
Junior Executive
(82 salaries)
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₹2.4 L/yr - ₹8 L/yr
Diploma Trainee Engineer
(67 salaries)
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₹2.2 L/yr - ₹3 L/yr
Junior Engineer Electrical
(64 salaries)
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₹2.2 L/yr - ₹5.2 L/yr
Associate General Manager
(59 salaries)
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₹18.6 L/yr - ₹38.5 L/yr
Senior Technician
(56 salaries)
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₹2.9 L/yr - ₹5.4 L/yr
Junior Mechanical Engineer
(54 salaries)
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₹2.6 L/yr - ₹4.8 L/yr
Electrical Engineer
(48 salaries)
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₹2.4 L/yr - ₹7.5 L/yr
Jindal Stainless Interview Questions
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Jindal Stainless News
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Difficult to make a very good investment plan if steel prices remain depressed: Narendran
- Tata Steel's expansion plans are being evaluated due to depressed steel prices.
- Over ₹27,000 crore expansion plans are on track, but new investments are under review.
- Rising Chinese imports and sluggish domestic market prices are affecting India's steel industry.
- JSW Steel and Jindal Stainless are also reevaluating their capex plans due to market conditions.
HinduBusinessLine | 21 Feb, 2025
Tata Steel, SAIL, JSW Steel, Kalyani Steel Shares Decline On Potential Flat Products Price Hike
- Shares of Tata Steel, SAIL, JSW Steel, and Kalyani Steels declined after reports of potential flat products price hike.
- SAIL and Kalyani Steels tanked 5%, Jindal Stainless fell 4.5%, while Tata Steel and Jindal Steel and Power Ltd. shed 3.3%.
- Flat products usually contribute 50-70% of Indian steel mills' production volumes, and there could be a hike in long steel products as well.
- The price hike indicates strong demand uptick in the domestic market, and companies are expecting the imposition of safeguard duty by the government.
Bloomberg Quint | 3 Feb, 2025
Invest, Use Corrosion-Resistant Materials In Infrastructure Projects: Jindal Stainless MD
- Investments in corrosion-resistant metals is crucial for sustainability of infrastructure projects in India, says Jindal Stainless MD.
- Corrosion causes annual economic losses of nearly 4% of GDP, equivalent to erasing an economy the size of Germany.
- With a 7,500 km coastline in India, investing in corrosion-resistant metal is crucial to reducing economic losses and safeguarding public infrastructure.
- Jindal Stainless MD suggests the usage of stainless steel due to its corrosion resistance properties and low lifecycle cost.
Bloomberg Quint | 31 Jan, 2025
Jindal Stainless cuts FY25 growth forecast amid sluggish exports
- Jindal Stainless, India's largest stainless steelmaker, has revised its growth forecast for FY25 downwards to 8-10% due to sluggish exports.
- The company experienced a slowdown in exports, increased Chinese dumping in key markets, and continued depression across Europe.
- While Jindal Stainless saw a 20% growth in the domestic market, exports to Europe have not recovered, impacting overall growth.
- The company plans to review new capex plans for FY26 due to ongoing trade uncertainties.
HinduBusinessLine | 29 Jan, 2025
Jindal Stainless Q3 Results: Profit Down 5% But Beats Estimates
- Jindal Stainless Ltd.'s consolidated net profit fell 5% in Q3 but beat analysts' estimates.
- The company posted a profit of Rs 654.8 crore in the quarter, exceeding the consensus estimate of Rs 614 crore.
- Revenue increased by 8.5% to Rs 9,907 crore compared to the estimated Rs 9,749 crore.
- Ebitda declined by 3.1% to Rs 1,207 crore, while net profit decreased by 5% to Rs 654.8 crore.
Bloomberg Quint | 29 Jan, 2025
Jindal Stainless grants over 1.2 mn ESOPs to senior employees
- Jindal Stainless has granted 12,42,736 stock options under its Employee Stock Option Scheme.
- The options are offered at a discounted price to senior employees and comprise an equal mix of ESOPs and RSUs.
- These stock options vest over four years and are tied to specific performance conditions.
- This initiative aims to reward employee commitment and performance while attracting and retaining top talent.
HRKatha | 31 Dec, 2024
Five Stocks To Buy Today: Zomato, IndiGo, Jindal Stainless, Ashoka Buildcon And RailTel
- Analysts have 'buy' calls on shares of Zomato, IndiGo, Jindal Stainless, Ashoka Buildcon, and RailTel Corp.
- Sneha Seth recommends buying Zomato stock between Rs 299 and 301 with a target price of Rs 335 and stop loss of Rs 284.
- Shivangi Sarda suggests buying IndiGo shares with a target price of Rs 4,700 and stop loss of Rs 4,400.
- Vinay Rajani recommends buying Ashoka Buildcon shares at Rs 277 with a target price of Rs 289 and stop loss at Rs 269.
- Vinay Rajani also recommends buying RailTel Corp shares at Rs 436 with a target price of Rs 455 and stop loss at Rs 425.
Bloomberg Quint | 9 Dec, 2024
Five Stocks To Buy Today: How To Trade Tech Mahindra, SBI, Voltas, Coal India, Jindal Stainless Steel
- Analysts have shared 'buy' calls on shares of Voltas, Tech Mahindra, Coal India, State Bank of India, and Jindal Stainless.
- According to Ajit Mishra of Religare Broking, the stock of Voltas should be bought at Rs 1,721, with a target price of Rs 1,830 and a stop loss of Rs 1,668.
- Ajit Mishra recommends buying shares of Tech Mahindra at Rs 1,746 with a target price of Rs 1,830 and a stop loss of Rs 1,704.
- Akshay P Bhagwat suggests buying shares of Coal India at a target price range of Rs 434 to 442 apiece and a stop loss at Rs 412.
- State Bank of India shares are recommended to be purchased at Rs 836.4 apiece, with a target price of Rs 872 and a stop loss of Rs 818, according to Ajit Mishra.
- Vaishali Parekh recommends buying Jindal Stainless shares at Rs 694 with a target price of Rs 720 and a stop loss at Rs 683.
Bloomberg Quint | 3 Dec, 2024
Tata Steel To JSW Steel: Over Half Of Nifty Metal Companies See Earnings Downgrades For FY25
- Over half of the Nifty Metal companies have seen earnings downgrades for FY25.
- JSW Steel and APL Apollo Tubes have experienced the most significant cuts in net profit estimates at 43% and 36% respectively.
- Companies such as Jindal Stainless, Jindal Steel & Power Ltd., National Aluminium Co., and NMDC Ltd. also witnessed earnings downgrades.
- The weak pricing environment in China and the country's latest stimulus package have contributed to the downgrades in the metal industry.
Bloomberg Quint | 11 Nov, 2024
Jindal Stainless Get A 'Buy' As Anand Rathi Initiates Coverage
- Anand Rathi has initiated coverage on Jindal Stainless and given it a 'Buy' rating.
- The key risk factors for the brokerage's call are fluctuations in nickel prices, increased imports from China and other Asian countries, and slowing domestic demand.
Bloomberg Quint | 5 Nov, 2024
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Jindal Stainless Subsidiaries
Jindal Stainless Steelway
4.0
• 103 reviews
PT Jindal Stainless Indonesia
5.0
• 1 review
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Jindal Stainless FAQs
When was Jindal Stainless founded?
Jindal Stainless was founded in 1970. The company has been operating for 55 years primarily in the Iron & Steel sector.
Where is the Jindal Stainless headquarters located?
Jindal Stainless is headquartered in Delhi/NCR, New Delhi.
How many employees does Jindal Stainless have in India?
Jindal Stainless currently has more than 5,200+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Jindal Stainless based on the number of reviews submitted on AmbitionBox.
Does Jindal Stainless have good work-life balance?
Jindal Stainless has a Work-Life Balance Rating of 3.9 out of 5 based on 2,000+ employee reviews on AmbitionBox. 80% employees rated Jindal Stainless 4 or above, while 20% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Jindal Stainless work-life balance reviews for more details
Is Jindal Stainless good for career growth?
Career growth at Jindal Stainless is rated fairly well, with a promotions and appraisal rating of 3.6. 80% employees rated Jindal Stainless 4 or above, while 20% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Jindal Stainless promotions/appraisals reviews for more detailed insights.
What are the pros of working in Jindal Stainless?
Working at Jindal Stainless offers several advantages that make it an appealing place for employees. The company is highly rated for job security, skill development and work life balance, based on 2,000+ employee reviews on AmbitionBox.
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