Jindal Stainless Ltd

Jindal Stainless Ltd fell for a fifth straight session today. The stock is quoting at Rs 682.6, down 0.7% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 22650.05. The Sensex is at 73319.65, up 0.27%.Jindal Stainless Ltd has eased around 8.46% in last one month.Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has eased around 9.86% in last one month and is currently quoting at 11478.2, up 0.95% on the day. The volume in the stock stood at 3.47 lakh shares today, compared to the daily average of 6.11 lakh shares in last one month.The PE of the stock is 20.52 based on TTM earnings ending September 26.

Jindal Stainless Ltd share price softened by 3.08% to Rs 710.75. The Company's net profit improved by 16.79% to Rs 897.75 crore, while revenue from operations edged up 14.14% to Rs 12873.86 crore in Q3FY26 over Q2FY26. The market capitalization of Iron & Steel industry group stocks on BSE stood at Rs 8.11 lakh crore, declining 5.11%. It has eased by 1.16% over last one week and edged lower by 2.27% in last one month while the market capitalization of Jindal Stainless Ltd has slipped by 3.46% and 0.53% in the same period respectively. Profit before tax (PBT) of Jindal Stainless Ltd stood at Rs 1201.19 crore in Q3 FY26, climbing 11.38% year-on-year, and expanding by 16.22% quarter-on-quarter. EBITDA came in at Rs 1299 crore, easing 0.08% YoY and rising 7.30% sequentially. Total expenses went up by 14.52% to Rs 11739.91 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 9708.05 crore, witnessing a sharp rise of 23.50% YoY, while employee benefits expense was at Rs 275.61 crore, registering a marginal contraction of 5.81% YoY. For the TTM ended FY26, revenue from operations tick up 9.27% to Rs 42954.66 crore, while net profit saw a strong growth of 27.40% to Rs 3184.57 crore, compared to previous TTM. EBITDA jumped by 447896% to Rs 5208.95 crore, and PBT jumped 27.05% to Rs 4242.07 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 3394.99 crore in FY26, as against Rs 4718.36 crore in FY25. Jindal Stainless Ltd plunged by 11.08% in last one year, outperforming the benchmark BSE Sensex which has reduced by 13.37% during the same period.

Jindal Stainless Ltd share price slipped 0.08% to Rs 733.35. The Company's net profit registered a growth of 16.79% to Rs 897.75 crore, while revenue from operations edged up 14.14% to Rs 12873.86 crore in Q3FY26 over Q2FY26. The market capitalization of Iron & Steel industry group stocks on BSE stood at Rs 8.11 lakh crore, declining 5.11%. It has softened by 0.25% over last one week and dipped slightly by 2.06% in last one month while the market capitalization of Jindal Stainless Ltd has marginally improved by 1.24% and 2.63% in the same period respectively. Profit before tax (PBT) of Jindal Stainless Ltd stood at Rs 1201.19 crore in Q3 FY26, rising by 11.38% year-on-year, and surging by 16.22% quarter-on-quarter. EBITDA came in at Rs 1299 crore, gaining 0.08% YoY and easing 7.30% sequentially. Total expenses increased by 14.52% to Rs 11739.91 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 9708.05 crore, soaring by 23.50% YoY, while employee benefits expense was at Rs 275.61 crore, dipping slightly 5.81% YoY. For the TTM ended FY26, revenue from operations inched higher 9.27% to Rs 42954.66 crore, while net profit saw a strong growth of 27.40% to Rs 3184.57 crore, compared to previous TTM. EBITDA surged by 447896% to Rs 5208.95 crore, and PBT surged 27.05% to Rs 4242.07 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 3394.99 crore in FY26, as against Rs 4718.36 crore in FY25. Jindal Stainless Ltd nosedived by 8.01% in last one year, outperforming the benchmark BSE Sensex which has declined by 12.69% during the same period.

Jindal Stainless Limited will hold a board meeting on Thursday, October 22, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, and the trading window for the company’s securities will reopen on Tuesday, October 27, 2026, following the results’ declaration.

Jindal Stainless Limited informed the BSE Limited and National Stock Exchange of India Ltd. that it made an interest payment of Rs 8,53,38,000 and a full redemption payment of Rs 99,00,00,000 on September 28, 2026, for its 990 Listed, Rated, Secured, Redeemable, Non-Convertible Debentures with ISIN INE220G07127, originally issued with an issue size of Rs 99,00,00,000.

Jindal Stainless Limited will close its trading window for securities dealings from Thursday, October 1, 2026, in accordance with SEBI regulations and company policy, and the window will remain closed until the second trading day following the declaration of unaudited financial results for the quarter and half year ending September 30, 2026.

Jindal Stainless Limited has set the record date for the purpose of payment of a final dividend of Rs 3 per equity share of face value Rs 2 each for the financial year ended March 31, 2026, at August 21, 2026, according to a regulatory filing. The dividend will be paid within 30 days of the Annual General Meeting, subject to applicable tax deductions.

Jindal Stainless Ltd share price declined by 0.44% to Rs 734.4 after the company's net profit softened by 7.86% to Rs 768.66 crore, while revenue from operations eased by 0.52% to Rs 11278.54 crore in Q2FY26 over Q1FY26. The market capitalization of Iron & Steel industry group stocks on BSE stood at Rs 8.95 lakh crore, declining 5.78%. It has inched up 2.70% over last one week and edged lower by 4.67% in last one month while the market capitalization of Jindal Stainless Ltd has marginally improved by 1.44% and 5.80% in the same period respectively. Profit before tax (PBT) of Jindal Stainless Ltd stood at Rs 1033.59 crore in Q2 FY26, gaining 6.66% year-on-year, and slipping 7.08% quarter-on-quarter. EBITDA came in at Rs 1211 crore, slipping 2.43% YoY and retreating 11.24% sequentially. Total expenses saw a slight increase of 0.90% to Rs 10251.76 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 7860.99 crore, advancing by 16.96% YoY, while employee benefits expense was at Rs 292.61 crore, surging 20.13% YoY. For the TTM ended FY26, revenue from operations inched higher 1.94% to Rs 39312.21 crore, while net profit slipped by 7.19% to Rs 2499.72 crore, compared to previous TTM. EBITDA surged by 461146% to Rs 4375.78 crore, and PBT softened 7.06% to Rs 3338.96 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 4718.36 crore in FY26, as against Rs 4818.13 crore in FY25. Jindal Stainless Ltd rose by 5.78% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 3.81% during the same period.

Jindal Stainless Limited reported a net revenue of INR 11,279 crore for the quarter ended June 30, 2026, a 10.5% year-on-year increase, according to a press release issued Thursday. The company’s profit after tax (PAT) rose to INR 769 crore, up 7.6% year-on-year, despite supply chain pressures related to geopolitical disruptions, while consolidated net debt stood at INR 2,950 crore and the net debt-to-equity ratio was at 0.14x.

Jindal Stainless’ Hisar unit has received the Times Internet Ecopreneur Award 2026 for Lifetime Achievement in Sustainability, recognizing the company's commitment to decarbonization, resource efficiency, and responsible manufacturing. The award acknowledges the facility’s efforts to build a low-carbon stainless steel manufacturing ecosystem, including increasing the share of renewable electricity in its power mix to 67% in the first quarter of fiscal year 2027, a reduction of 12% in greenhouse gas emission intensity, and achieving a 'Zero Waste to Landfill' Platinum+ rating for fiscal year 2024–25. Jindal Stainless reported an annual turnover of INR 42,955 crore (USD 4.86 billion) in fiscal year 2026 and an annual melt capacity of 4.2 million tonnes.