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Earnings Call Transcript

Jindal Stainless Earnings Call Transcript: Key Takeaways

JSL delivered resilient FY27 Q1 results despite severe industrial gas shortages and logistics crises impacting volumes.

Guidance and delivery
Management target Revenue 10.0% FY27
Highlights
Revenue growth10.5% YoY growth driven by strategic high-margin product mix.
MarginsEBITDA margins supported by value-added products despite fuel cost spikes.
Demand visibilityStrong domestic demand in automotive, railways, and white goods sectors.
Management confidenceBalanced; optimistic on demand but wary of external supply constraints.

Growth

Consolidated Revenue grew 10.5% YoY; growth was supported by high-margin product mix shifts.

Outlook

Targeting 3.5 million tons capacity by FY29; H1 EBITDA/ton guidance set at 18,000–20,000.

Risks

Volume shortfall risk if gas supply and global logistics issues persist longer than anticipated.

Last quarter's promises, checked

Delivered

  • Guided 2.57M tons FY26 volume → delivered 2.57M tons (= BEAT)
  • Guided Indonesia SMS commissioning by FY26 → delivered commissioned ahead of schedule (= BEAT)
  • Guided Net Debt reduction → delivered 3,040 Cr with 0.55x Debt/EBITDA (= BEAT)

Partly delivered

  • Guided 315MW RE project → delivered partial commissioning (= PARTIAL)

Missed

  • Guided 9% export share → delivered 8% (= MISS)
Source

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