| Revenue growth | 8% YoY growth in FY26 |
|---|---|
| Margins | Adjusted EBITDA/Tonne fell 11% YoY to ₹10,482 in FY26 |
| Demand visibility | Strong domestic construction demand recovering since mid-December 2025 |
| Management confidence | Confident in meeting FY26 guidance and entering FY27 with capacity growth |
Growth
FY26 Gross Revenue grew 8% YoY to ₹62,412 Cr; PAT rose 18% YoY to ₹3,361 Cr. Sales volumes grew 9% to 8.68 MT.
Outlook
FY27 guidance: production 11.0-11.5 MT and sales 10.5-11.0 MT. Annual capex target ₹7,500-10,000 Cr; net zero carbon target by 2047.
Risks
Volatile demand environment and global trade uncertainty; structural decline in China's real estate sector weighs on global steel demand.
Earnings Call filed with BSE, NSE: JINDALSTEL. Summary written with AI assistance from the document.
Jindal Steel Ltd: key numbers
- Share price
- ₹1,165.70
- Market cap
- ₹1,18,912 Cr
- Revenue (annual)
- ₹53,225 Cr
- Net profit (annual)
- ₹3,367 Cr
- P/E (TTM)
- 41.7×Sector 17.1×
- Promoter holding
- 62.69%+0.00% QoQ
- FII holding
- 8.75%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Jindal Steel Ltd
All →Jindal Steel Legal & Regulatory
Jindal Steel received a CGST order alleging Rs 8.41 Crore excess input tax credit with penalty. The company is evaluating the order and calls the impact immaterial.
- Value
- ₹8.41 Cr
Jindal Steel Promoter Buying: ₹64.09 Cr
Promoter group entity Jindal Power bought 6.06 lakh Jindal Steel shares on market for Rs 64.09 Crore. Its stake rose from 1.22% to 1.27%.
- Value
- ₹64.09 Cr
- Promoter stake change
- +0.05%
Jindal Steel Management Change
Jindal Steel's Head of Human Resources, Sukhjit S. Pasricha, ceased to be in the company's services on 31 October 2026. The senior management resignation has no associated monetary value.
Jindal Steel Promoter Buying: ₹35.59 Cr
Jindal Power, a promoter group entity, bought 349,076 shares via market purchase. The ₹35.59 Crore buy lifted promoter stake from 1.18% to 1.22%.
- Value
- ₹35.59 Cr
- Promoter stake change
- +0.04%
Jindal Steel Promoter Buying
Jindal Power Limited acquired 3,49,076 Jindal Steel Limited shares in the open market on October 26, 2026. Its promoter stake rose from 1.181% to 1.215%.
- Promoter stake change
- +0.03%
Jindal Steel Investor Presentation: Key Takeaways
Q2FY27 gross revenue ₹19,448 cr, adj. EBITDA ₹2,504 cr, PAT ₹771 cr, net debt/EBITDA 1.51x, cash ₹7,237 cr. Deleveraging and capex-led growth continue.