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Earnings Call

Jindal Steel Earnings Call: Key Takeaways

Jindal Steel reported FY26 consolidated revenue of ₹62,412 Cr (+8% YoY) and PAT of ₹3,361 Cr (+18% YoY). Strategy focuses on ramping up Angul capacity from 9.6 to 15.6 MTPA.

Why this was an Alfa AlertNot a filter event. Performance was consistent with expansion targets but did not materially exceed a specific prior guidance range by 5% or more.
Highlights
Revenue growthFY26 revenue ₹62,412 Cr, up 8% YoY.
MarginsFY26 adjusted EBITDA per tonne ₹10,482; Q4 at ₹10,093.
Order bookMix of spot and contractual selling; NSR increased ₹4,700/tonne QoQ.
Demand visibilityStrong domestic demand projected to expand 7.4% in 2026.
Management confidenceHigh; citing robust domestic demand and project execution milestones.

Growth

FY26 production grew 14% to 9.25 MT; Q4FY26 revenue rose 28% QoQ to ₹19,399 Cr.

Outlook

FY27 production guidance of 11-11.5 MT; planned capex of ₹7,500-10,000 Cr for expansion/sustenance.

Risks

Volatile coking coal prices, global oversupply from China, and impairment of Australian assets (₹834 Cr).

Source

Earnings Call filed with NSE, 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

Promoter group member Sarika Jhunjhnuwala acquired 79,600 equity shares of Jindal Steel via market purchase for ₹9.21 Crore.

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