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Earnings Call

Jindal Steel Earnings Call: Key Takeaways

Jindal Steel delivered a resilient FY26 with Gross Revenue of ₹62,412 Cr and PAT of ₹3,361 Cr. The firm completed its Angul expansion to 12.0 MTPA and focuses on value-added products.

Why this was an Alfa AlertNot a filter event. Management explicitly stated they 'met the guidance' for production and sales, rather than materially beating it.
Highlights
Revenue growth8% YoY growth in FY26
MarginsAdjusted EBITDA/Tonne fell 11% YoY to ₹10,482 in FY26
Demand visibilityStrong domestic construction demand recovering since mid-December 2025
Management confidenceConfident 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.

Source

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

Read the document ↗

Jindal Steel Ltd: key numbers

Share price
₹1,164.80
Market cap
₹1,18,820 Cr
Revenue (annual)
₹53,225 Cr
Net profit (annual)
₹3,367 Cr
P/E (TTM)
43.7×Sector 19.0×
Promoter holding
62.69%+0.00% QoQ
FII holding
8.84%Current quarter

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

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Jindal Steel Promoter Buying: ₹9.21 Cr

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Value
₹9.21 Cr
19:38 IST NSE
Financial Results

Jindal Steel Q4 FY26 Results: Turns Profitable, Net Profit ₹1,041 Cr

Jindal Steel Ltd reported revenue from operations of ₹16,218 Cr (+23.0% YoY) and net profit of ₹1,041 Cr for Q4 FY26.

Key figure
Net profit ₹1,041 Cr