Jindal Stainless Share Price

Conference Call with Jindal Stainless Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 2 weeks 1 day ago

Strong Q4 and FY26 performance boosts Jindal Stainless, but rising fuel costs linked to the West Asia crisis may compress margins and moderate growth outlook in FY27

• Business Standard
• 2 weeks 2 days ago

Iron & Steel Products company Jindal Stainless announced Q4FY26 & FY26 results Q4FY26 Consolidated Financial Highlights: Net revenue at Rs 11,337 crore, up by 11.2% YoY. EBITDA at Rs 1,455 crore, up by 37.1% YoY. PAT at Rs 834 crore, up by 41.4% YoY. Net debt at Rs 3,040 crore. Net debt-to-equity ratio at ~0.15x. FY26 Consolidated Financial Highlights: Net revenue at Rs 42,955 crore, up by 9.3% YoY. EBITDA at Rs 5,560 crore, up by 19.2% YoY. PAT at Rs 3,185 crore, up by 27.4% YoY. Q4FY26 Standalone Financial Highlights: Finished goods sales volume at 6,41,743 tonnes, down by 0.1% YoY. Net revenue at Rs 10,826 crore, up by 0.4% YoY. EBITDA at Rs 1,111 crore, up by 24.8% YoY. PAT at Rs 892 crore, down by 3.6% YoY. FY26 Standalone Financial Highlights: Finished goods sales volume at 25,65,902 tonnes, up by 8.1% YoY. Net revenue at Rs 42,680 crore, up by 6.2% YoY. EBITDA at Rs 4,322 crore, up by 10.7% YoY. PAT at Rs 2,843 crore, up by 4.9% YoY. Business Highlights: The Board of Directors of Jindal Stainless Limited (JSL) today announced the financial results for the quarter and financial year ended March 31, 2026. Developed the stainless steel grade SM650 in thinner gauges, delivering 700+ yield strength, an industry benchmark, for coal tippers and ash container applications. Developed stainless steel with 5% silicon for sulphuric acid tankers, catering to various applications including the processing industry. Jindal Defense and Aerospace (JDA), Jindal Stainless’ strategic arm, secured its first commercial order for a leading aerospace manufacturer for the supply of low alloy steel for Small Satellite Launch Vehicles (SSLVs). JDA successfully supplied High Nitrogen Steel (HNS) plates for the launcher system of the indigenous Anti-Tank Guided Missile, underscoring JDA’s critical contribution to indigenous defense capabilities and next-generation weapon systems. Abhyuday Jindal, Managing Director, Jindal Stainless, said: “FY26 has been a strong year for Jindal Stainless, marked by resilient growth, strategic execution and important milestones across operations and brand building. Supported by robust domestic demand and rising stainless steel adoption across sectors, we delivered healthy volume growth while continuing to strengthen our value-added portfolio and downstream capabilities. Looking ahead, our focus will be on leveraging our capacity enhancement and downstream expansion to expanding applications, maintaining cost efficiencies, and manufacturing excellence, to achieve ~3.5 MTPA sales volume by FY29. The domestic stainless steel industry continues to operate in a challenging environment caused by the Middle-East crisis and India’s liberal trade policies. Concerns over cheap, substandard imports remains and on behalf of the industry, we continue to advocate for a strong policy framework to curb unfair imports and safeguard the long-term interests of the domestic stainless steel industry.” Result PDF

• Trendlyne
• 2 weeks 2 days ago