Value Creation Model

Creating Value. Building Tomorrow.

Inputs Inputs KPIs How Operations
Create Value
Outcomes KPIs Outcomes SDGs

Financial Capital

  • Investor & shareholder capital
  • Loans, deposits & borrowings
  • Operating assets
  • Current Assets:
    INR 17,500 cr
  • Total Equity:
    INR 19,882 cr
  • Current Liabilities:
    INR 13,987 cr
How Operations Create Value
  • Total Revenue:
    INR 42,955 cr
  • EBITDA:
    INR 5,560 cr
  • EPS (Basic):
    INR 38.76
  • Resilient margins that self-fund growth & decarbonisation
  • Sustained investor & lender confidence
  • Stronger balance sheet & credit profile
SDG 8 SDG 9 SDG 8 SDG 9

Manufactured Capital

  • Operating assets
  • Manufacturing sites
  • Installed Capacity:
    4.2 MTPA
  • 16 Manufacturing & processing facilities across India, Spain, and Indonesia
  • Scrap / Recycled Utilised
  • RE Consumption:
    22,16,708 GJ
  • Sustainable Output:
    INR 28,489.74 cr
  • More value-added stainless per tonne
  • Modern, high-capacity asset base
  • Reliable supply for tomorrow’s demand
SDG 16 SDG 17 SDG 17

Intellectual Capital

  • R&D, processes & controls
  • Brand & reputation
  • Digital systems & IP
  • R&D Expenditure:
    INR 7.51 cr
  • Patents Filed:
    2
  • Zero Cybersecurity Breaches
  • ISO 27001: 2022 Certified
  • New stainless grades & lower-carbon processes
  • Secure, well-governed digital systems
SDG 6 SDG 12

Human Capital

  • Employee time, skills & know-how
  • Training & development
  • Health, safety & wellbeing
  • Total Workforce:
    5,303
  • Women in STEM Roles:
    4.41%
  • Learning Hours:
    2,10,531
  • Employee Turnover Rate:
    8.2%
  • New Hires: 923
  • EPS: 644
  • Zero LTIFR (Employees)
  • Safer workplace, fewer incidents
  • More skilled & diverse workforce
  • Talent retained for the long run
SDG 9 SDG 16 SDG 16 SDG 16

Social &
Relationship Capital

  • Community & CSR programmes
  • Supplier & partner networks
  • Stakeholder trust
  • Total CSR Spend:
    INR 59.4 cr
  • Suppliers in Capacity Building:
    69.72%
  • Spend on significant suppliers:
    71.32%
  • CSR Beneficiaries:
    1,19,406
  • Zero Regulatory Violations
  • Deeper trust with communities & customers
  • Stronger, more resilient supplier base
SDG 3 SDG 5 SDG 8

Natural Capital

  • Energy, water & raw materials
  • Renewable power
  • Land & natural resources
  • Water Withdrawal:
    14.3 million kL
  • Waste Generated:
    1.92 million MT
  • Renewable Power:
    46.8%
  • Energy Consumption:
    91,83,514 MWh
  • Energy Intensity:
    16.44 GJ/tcs
  • GHG Intensity (Scope 1+2):
    1.76 tCO2e/tcs
  • Waste Intensity:
    0.96 MT/tcs
  • Lower emissions, water & waste per tonne
  • Growth decoupled from footprint
  • Circular use of scrap & by-products
SDG 11 SDG 7 SDG 13 SDG 12

Interplay of Capitals

Financial Capital

Financial Capital

Financial Capital → Other Capitals
Manufactured Capital

Capital deployed to expand melt-shop, hot- and coldrolling capacities

Intellectual Capital

Funds R&D centres and the development of new stainless grades

Earnings from valueadded products refinance further innovation

Human Capital

Investment in fair wages, training academies, and plant safety systems

Social & Relationship

CSR budgets fund community and supplierdevelopment programmes around plants

Natural Capital

Green capex for renewable power, water recycling, and emission-control systems

Manufactured Capital

Manufactured Capital

Manufactured Capital → Other Capitals
Financial Capital

Higher mill utilisation and a richer value-added mix lift margins and RoCE

Intellectual Capital

Advanced melting, casting, and rolling lines act as a testbed for process R&D

Human Capital

Automated, well-maintained lines raise on-floor safety and operator skill

Social & Relationship

Reliable, certified stainless supply deepens customer and supplier trust

Natural Capital

Scrap-based EAF route and emission systems cut footprint per tonne of steel

Intellectual Capital

Intellectual Capital

Intellectual Capital → Other Capitals
Financial Capital

New grades and process efficiencies lower conversion cost and unlock premium pricing

Manufactured Capital

Process innovation debottlenecks the melt-tofinish chain and lifts yield

Human Capital

Digital tools and knowledge systems upskill the shopfloor workforce

Social & Relationship

Application-engineering support helps customers and fabricators adopt stainless

Natural Capital

Research into low-carbon, energy-efficient stainless reduces resource intensity

Human Capital

Human Capital

Human Capital → Other Capitals
Financial Capital

A skilled, well-retained workforce drives productivity and cost discipline

Manufactured Capital

Trained operators run complex melting, rolling and finishing equipment

Intellectual Capital

Engineers and metallurgists generate new grades, patents, and process know-how

Social & Relationship

Employees champion community programmes and represent JSL locally

Natural Capital

Teams lead on-site energy, water, and waste-reduction initiatives

Social and Relationship Capital

Social & Relationship Capital

Social & Relationship Capital → Other Capitals
Financial Capital

Strong customer, supplier, and investor relationships secure demand and capital

Manufactured Capital

Local supplier and scrapaggregator networks de-risk raw material supply

Intellectual Capital

Partnerships with institutes and customers seed joint stainless innovation

Human Capital

Community engagement and volunteering deepen employee purpose

Natural Capital

Stakeholder collaboration supports conservation near operating sites

Natural Capital

Natural Capital

Natural Capital → Other Capitals
Financial Capital

Efficient use of energy, water, and recycled scrap lowers operating costs

Manufactured Capital

Renewable power and recycled scrap feed a lowercarbon production route

Intellectual Capital

Sustainability targets spur green-steel and circulareconomy R&D

Human Capital

Safe, clean operations and environmental training protect employee well-being

Social & Relationship

Responsible resource stewardship earns community trust and a licence to operate