JSL Limited
About JSL Limited
Data last updated:
JSL Limited is a public limited company based in New Delhi, Delhi, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 22 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29141DL2008PLC184451. Its GSTIN is 08AACCJ1451F1ZW (Rajasthan).
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Jindal Stainless Limited. It is led by directors including Nrender Garg and Rajeev Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 28 Najafgarh Road, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹146.41 Cr, a growth of 94% compared to the previous year. For the same year it recorded a net profit of ₹2.76 Cr (net margin 1.9%) and EBITDA of ₹60.2 Cr (EBITDA margin 41.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹15,578 Cr on record. Court records list 123 cases involving the company, including 83 filed by the company and 41 filed against it; 19 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
JSL Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address28 Najafgarh Road, New Delhi, Delhi, India – 110015
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of JSL Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of JSL is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of JSL Limited, buy the company report.
Financials of JSL Limited
FY 2025 filings availableJSL Limited reported revenue of ₹146.41 Cr (up 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 94% growth in the latest year. EBITDA rose 73% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹60.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.76 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.1% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of JSL Limited, buy the company report.
Board of directors of JSL Limited
JSL has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nrender Garg Also directs: JSL Logistics Limited, Jindal Infrastructure and Utilities Limited, Worship Exim Private Limited and 2 more | Director | 25 Feb 2020 | 6 Years 8 Months | Current |
| Rajeev Garg Also directs: JCL Batteries Limited, JSL Logistics Limited, Mynd Solutions Private Limited and 1 more | Director | 06 Jan 2015 | 11 Years 10 Months | Current |
| Davender Kumar Goyal | Director | 06 Jan 2015 | 11 Years 10 Months | Current |
Peer comparison
JSL Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sesa Minerals Limited | ₹148.1 Cr (FY 2018) | 1.0% | Kolkata, West Bengal, India | |||
| Bhagwati Steel and Alloys Private Limited | ₹147.64 Cr (FY 2025) | 13.0% | Chennai, Tamil Nadu, India | |||
| JSL Limitedthis company | ₹146.41 Cr (FY 2025) | ₹2.76 Cr | 1.9% | 94.0% | New Delhi, Delhi, India | |
| Aruna Industries & Investment Private Limited | ₹145.6 Cr (FY 2025) | -2.0% | Main Road, Ranchi, P.S. Ranchi, Jharkhand, India | |||
| Vrindaa Advanced Materials Limited | ₹145.2 Cr (FY 2025) | -25.0% | New Delhi, Delhi, India |
To see the full peer comparison of JSL Limited, buy the company report.
Auditor
JSL Limited is audited by N.C. AGGARWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.C. AGGARWAL & CO. | FY 2023 | 003273N |
Shareholding
The shareholding of JSL Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JSL Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2022 | 100553256 | Sbicap Trustee Company Limited | ₹119 Cr | Satisfied | |
| 04 Jan 2022 | 100527432 | Sbicap Trustee Company Limited | ₹400 Cr | Satisfied | |
| 16 Nov 2021 | 100508167 | Sbicap Trustee Company Limited | ₹150 Cr | Satisfied | |
| 27 Jan 2021 | 100416857 | Sbicap Trustee Company Limited | ₹7,383.77 Cr | Satisfied | |
| 07 Apr 2017 | 100091148 | Sbicap Trustee Company Limited | ₹6,425 Cr | Satisfied |
To see the full charge records of JSL Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
JSL Limited has 123 court cases on record: 83 filed by JSL, 41 filed against it. 19 cases are pending and 104 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 52 | 12 | 3 |
| High courts | 52 | 15 | 12 |
| Supreme Court | 16 | 12 | 4 |
| NCLAT | 2 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 123)
To see the full case history of JSL Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for JSL Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JSL has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCJ1451F1ZW | Rajasthan | Active | 04 Dec 2018 |
To see the full GST registrations and return filing status of JSL Limited, buy the company report.
Recent activity
JSL Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Nrender Garg ceased to be Additional Director on 30 Dec 2020.
22 earlier events are in the company report.
News
Frequently asked questions
JSL is an active public limited company based in New Delhi, Delhi, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 22 October 2008 (18+ years old) and is registered under CIN U29141DL2008PLC184451.
JSL has 3 current directors:
- Nrender Garg - Director
- Rajeev Garg - Director
- Davender Kumar Goyal - Director
The latest financial statements of JSL on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of JSL is 08AACCJ1451F1ZW, registered in Rajasthan.
The CIN (Corporate Identification Number) of JSL is U29141DL2008PLC184451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JSL has 123 court cases on record: 83 filed by the company and 41 filed against it. 19 are pending. Most are in the district courts.
JSL was incorporated on 22 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of JSL by revenue are Sesa Minerals Limited, Bhagwati Steel and Alloys Private Limited, Aruna Industries & Investment Private Limited, Vrindaa Advanced Materials Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Nrender Garg ceased to be Additional Director on 30 Dec 2020. Nrender Garg was appointed as Director on 25 Feb 2020. Sunil Mittal ceased to be Director on 28 May 2019. JSL has 10 board changes on record in total.
The registered office of JSL is at 28 Najafgarh Road, New Delhi, Delhi, India – 110015.
JSL operates in the metals and minerals industry, in the metal retail and distribution segment.
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