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Earnings Call

Jindal Stainless Earnings Call: Key Takeaways

Jindal Stainless reported Q4FY26 PAT of ₹834cr (up 41% YoY) and EBITDA of ₹1,455cr. Strategy focuses on brand building and downstream expansion into automotive, infrastructure, and defense.

Highlights
Revenue growthFY26 volume up 8% YoY.
MarginsEBITDA guidance of ₹18k-20k/ton for H1FY27 due to cost uncertainty.
Demand visibilityStrong domestic demand from railway, metro, and automotive sectors.
Management confidenceConfident in hitting ₹18,000-20,000 EBITDA/ton despite gas cost spike.

Growth

FY26 sales volume grew 8% YoY to 2.57 million tons. Consolidated PAT increased 27% to ₹3,185cr.

Outlook

FY27 guidance: 8-10% volume growth, EBITDA ₹18,000-20,000/ton. Capex of ₹2,600cr for FY27.

Risks

Geopolitical headwinds impacting fuel costs (2.5x-3x increase), shipping delays, and temporary QCO suspension allowing inferior imports.

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.

More from Jindal Stainless Ltd

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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%.

Promoter stake change
+0.03%
13:00 IST BSE
Business Update

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.

From
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.