| Revenue growth | 10% YoY growth to INR 11,279 Cr. |
|---|---|
| Margins | EBITDA margin stable at 11.8%; EBITDA per ton remains key. |
| Demand visibility | Strong in Vande Bharat, Metro, and infrastructure projects. |
Growth
Revenue grew 10% YoY; PAT increased 8% YoY. Finished product volume reached 581k MT, dominated by 89% domestic sales.
Outlook
Positive outlook for FY27; expansion in high-strength austenitic steel for railways and strong infrastructure demand in coastal regions.
Risks
Headwinds in Process Industry from fuel/gas disruptions and geopolitical factors; slowdown in railway wagon tender process.
Last quarter's promises, checked
Delivered
- Guided 7-9% volume growth for FY26 → delivered 8% (= BEAT)
- Guided INR 18k-20k EBITDA/ton for H1FY27 → delivered INR 19.4k (implied) (= BEAT)
- Guided Net Debt/EBITDA below 1.0x → delivered 0.55x (= BEAT)
Partly delivered
- Guided INR 2,600 Cr Capex for FY27 → Net debt reduced to INR 2,950 Cr (= PARTIAL)
Missed
- Guided 9% export share for FY26 → delivered 8% (= MISS)
Investor Presentation filed with BSE, NSE: JSL. Summary written with AI assistance from the document.
Jindal Stainless Ltd: key numbers
- Share price
- ₹717.85
- Market cap
- ₹59,181 Cr
- Revenue (annual)
- ₹42,955 Cr
- Net profit (annual)
- ₹3,193 Cr
- P/E (TTM)
- 17.7×Sector 17.1×
- Promoter holding
- 62.55%+0.50% QoQ
- FII holding
- 20.07%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Jindal Stainless Ltd
All →Jindal Stainless Business Update
Jindal Stainless won 95 Gold and 6 Silver awards at QCFI quality conventions in 2026 for employee-led quality initiatives. The awards carry no financial value and do not affect orders or capacity.
Jindal Stainless Promoter Buying: ₹31.23 Cr
JSL Overseas Holding Limited, part of the promoter group, acquired 4,60,493 equity shares of Jindal Stainless Ltd. The market purchase, valued at ₹31.23 Crore, increased their stake to 17.77%.
- Value
- ₹31.23 Cr
- Promoter stake change
- +0.06%
Jindal Stainless Promoter Buying: ₹46.61 Cr
Promoter JSL Overseas Holding bought 6,77,316 Jindal Stainless shares on NSE at ₹46.61 Crore. Promoter stake rose from 17.63% to 17.71%.
- Value
- ₹46.61 Cr
- Promoter stake change
- +0.08%
Jindal Stainless Promoter Buying
JSL Overseas Holding, a Jindal promoter group entity, bought 6,77,316 Jindal Stainless shares on the open market. Its stake rose from 17.63% to 17.71%.
- Promoter stake change
- +0.08%
Jindal Stainless Acquisition Worth ₹5.08 Cr
Jindal Stainless acquired an additional ~7% stake in Ampin C&I Three, taking its holding to 24.21%. The cash cost is ~₹5.08 crore for a 40 MW captive solar project.
- Value
- ₹5.08 Cr
- solar captive capacity
- 40.0 MW
Jindal Stainless Earnings Call Transcript: Key Takeaways
Resilient performance despite gas supply and logistics constraints; focus on premium product mix supported profitability.