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Earnings Call

Jindal Stainless Earnings Call: Key Takeaways

Jindal Stainless delivered a resilient performance in Q4FY26 despite geopolitical headwinds and fuel cost spikes, supported by steady domestic demand across automotive and infrastructure sectors.

Highlights
Revenue growthFY26 sales volume grew 8% YoY; consolidated PAT up 27% annually.
MarginsEBITDA guidance adjusted to ₹18k-20k/ton due to rising input costs.
Demand visibilityStrong domestic momentum in automotive, metro rail, and lift-elevator sectors.
Management confidenceBalanced confidence despite macro volatility and sharp energy cost increases.

Growth

FY26 sales volume grew 8% YoY to 2.57 million tons; consolidated EBITDA rose 19% to ₹5,550 crores.

Outlook

Targeting 3.5 million tons sales volume by FY29; H1FY27 EBITDA guidance set at ₹18,000-20,000 per ton.

Risks

Surge in fuel costs (2.5x-3x) and potential dumping from cheap imports due to QCO suspension pose margin risks.

Source

Earnings Call filed with BSE, NSE: JSL. Summary written with AI assistance from the document.

Read the document ↗

Jindal Stainless Ltd: key numbers

Share price
₹748.25
Market cap
₹61,687 Cr
Revenue (annual)
₹42,955 Cr
Net profit (annual)
₹3,193 Cr
P/E (TTM)
19.0×Sector 19.0×
Promoter holding
62.05%+0.00% QoQ
FII holding
20.45%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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17:58 IST BSE
Promoter Buying

Jindal Stainless Promoter Buying: ₹15.8 Cr

Jindal Stainless Ltd's promoter group, JSL Overseas Holding Limited, acquired equity shares worth ₹15.80 Crore via market purchase.

Value
₹15.80 Cr
Promoter stake change
+0.03%
11:56 IST BSE
Promoter Buying

Jindal Stainless Promoter Buying

JSL Overseas Holding Limited, a promoter group entity, acquired 2,12,382 equity shares of Jindal Stainless Limited. This open market purchase increased the promoter's stake from 17.50% to 17.53%.

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13:00 IST BSE
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Jindal Stainless Business Update

Jindal Stainless's Jajpur and Hisar units earned dual CII Energy Management Awards 2026 for energy efficiency. The recognition underscores their decarbonisation and sustainable manufacturing commitment.

11:05 IST BSE
Promoter Buying

Jindal Stainless Promoter Buying: ₹38.17 Cr

Jindal Stainless promoter JSL Overseas Holding bought 5.10 lakh shares on NSE for ₹38.17 Crore. Promoter stake rose from 17.40% to 17.46%.

Value
₹38.17 Cr
Promoter stake change
+0.06%
16:53 IST BSE
Partnership

Jindal Stainless Partnership

Jindal Stainless signed an MoU with NCVET to become a recognized Awarding Body for industrial skill development and vocational training programs.

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NCVET
17:14 IST BSE
Other Announcement

Jindal Stainless Other Announcement

Jindal Stainless Ltd received an ESG rating of 63 and a Core ESG rating of 65 from Crisil ESG Ratings.