Jindal Stainless Ltd

Profit before exceptional items and tax jumped 24.98% YoY to Rs 1,112.33 crore during the quarter. Exceptional items for the period included labour code charges amounting to Rs 30.05 crore. In Q3 FY26, EBITDA stood at Rs 1,408 crore, recording the growth of 17% compared with Rs 1,208 crore posted in Q3 FY25. On a standalone basis, the company's net profit jumped 7.63% to Rs 665.85 crore on 5.63% increase in revenue from operations to Rs 10,632.35 crore in Q3 FY26 over Q3 FY25. Sales volumes climbed 11% YoY to 650 metric tonnes (MT) in Q3 FY26. The domestic market contributed 95% of total revenue, while exports accounted for the remaining 5% during the quarter. Meanwhile, the company's board declared a interim dividend of Re 1 per equity share of face value Rs 2 for FY26. The record date has been fixed as Thursday, 29 January 2026. The dividend will be paid on or before 19 February 2026. Jindal Stainless is India's leading stainless-steel manufacturer of stainless steel flat products, in austenitic, ferritic, martensitic and duplex grades in India used in a variety of industries like automobile, railways, construction, consumer goods, etc.Powered by Capital Market - Live

Jindal Stainless has fixed 29 January 2026 as record date for payment of interim dividend of Re 1 per equity share of Rs 2 each for FY 2025-26. The payment of interim dividend will be completed on or before 19 February 2026. Powered by Capital Market - Live

Jindal Stainless announced that the Board of Directors of the Company at its meeting held on 21 January 2026, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Jindal Stainless rose 26.56% to Rs 828.79 crore in the quarter ended December 2025 as against Rs 654.84 crore during the previous quarter ended December 2024. Sales rose 6.16% to Rs 10517.55 crore in the quarter ended December 2025 as against Rs 9907.30 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales10517.559907.30 6 OPM %13.3912.04 - PBDT1381.231131.63 22 PBT1112.33890.00 25 NP828.79654.84 27 Powered by Capital Market - Live

Jindal Stainless announced that the Board of Directors of the Company at its meeting held on 21 January 2026, has recommended a Interim Dividend of Rs.1 per share (i.e.50%), subject to the approval of the shareholders.Powered by Capital Market - Live

Jindal Stainless will hold a meeting of the Board of Directors of the Company on 21 January 2026.Powered by Capital Market - Live

Jindal Stainless Ltd is up for a third straight session in a row. The stock is quoting at Rs 794.55, up 1.29% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 25754.85. The Sensex is at 83636.15, up 0.01%. Jindal Stainless Ltd has dropped around 0.31% in last one month. Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has dropped around 10.51% in last one month and is currently quoting at 11355.2, up 2.7% on the day. The volume in the stock stood at 2.93 lakh shares today, compared to the daily average of 7.64 lakh shares in last one month.The PE of the stock is 23.95 based on TTM earnings ending September 25.Powered by Capital Market - Live

Jindal Stainless Ltd gained 2.61% today to trade at Rs 791.05. The BSE Metal index is up 0.71% to quote at 37576.06. The index is up 7.68 % over last one month. Among the other constituents of the index, Lloyds Metals & Energy Ltd increased 1.23% and Vedanta Ltd added 0.73% on the day. The BSE Metal index went up 40.18 % over last one year compared to the 10.15% surge in benchmark SENSEX. Jindal Stainless Ltd has added 0.75% over last one month compared to 7.68% gain in BSE Metal index and 1.39% drop in the SENSEX. On the BSE, 1557 shares were traded in the counter so far compared with average daily volumes of 27428 shares in the past one month. The stock hit a record high of Rs 883.25 on 07 Jan 2026. The stock hit a 52-week low of Rs 497 on 07 Apr 2025.Powered by Capital Market - Live

Jindal Stainless Ltd is down for a fifth straight session today. The stock is quoting at Rs 760, down 1.57% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 25705.2. The Sensex is at 83596.42, up 0.02%.Jindal Stainless Ltd has lost around 4.65% in last one month.Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has increased around 6.67% in last one month and is currently quoting at 11094.8, up 1.47% on the day. The volume in the stock stood at 4.13 lakh shares today, compared to the daily average of 7.12 lakh shares in last one month.The PE of the stock is 23.54 based on TTM earnings ending September 25.Powered by Capital Market - Live

The agency has also affirmed the company's short-term rating at 'IND A1+'. India Ratings and Research stated that the outlook revision reflects the agency's expectation of a likely increase in the scale of operations over FY26-FY28 on the back of a sustained improvement in the sales volume, maintaining of the EBITDA per tonne around Rs 20,000, and continued high-capacity utilisation. The ratings also factor in the JSL group's strong business profile, backed by an increase in the proportion of value-added products, improved group's financial flexibility, sustained comfortable credit metrics and diversified product mix. It also considers the diversified sourcing strategies that reduce exposure to volatility in nickel prices, and adequate liquidity. The EBITDA per tonne is likely to sustain in the medium term on the back of improved product mix, cost-saving measures, operating leverage and business synergies. India Ratings expects JSL's financial profile to remain comfortable over FY26-FY28, supported by healthy cash flows and low incremental debt requirement. However, the ratings are constrained by the group's exposure to volatility in raw material prices as well as realisations, and the threat of low-cost imports. India Ratings further said that a sustained increase in the scale of operations while maintaining EBIDTA per tonne and net adjusted leverage remaining below 2.0x could lead to a positive rating action. However, a lower-than-expected scale of operations or a material reduction in the group's profitability, leading to a significant decline in the EBITDA per tonne and/or higher-than-expected debt, leading to the net adjusted leverage exceeding 2.0x, on a sustained basis, could lead to a negative rating action. Jindal Stainless has been a leader in the stainless-steel industry in India for the last 50 years. It manufactures stainless steel in flat products in austenitic, ferritic, martensitic and duplex grades. The company had reported 32% rise in consolidated net profit to Rs 806.94 crore on a 11.41% increase in revenue to Rs 10,892.78 crore in Q2 FY26 as compared with Q2 FY25. The scrip shed 0.83% to currently trade at Rs 854.45 on the BSE. Powered by Capital Market - Live