StockWatch
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Iron & Steel
Business Update13 Aug 2026, 11:50 am

Jindal Stainless FY26 Revenue ₹42,955 Cr, EBITDA ₹5,560 Cr

AI Summary

Jindal Stainless released its FY26 Integrated Report, 'The Metal of Progress. The Strength of Tomorrow,' outlining a strategy for sustainable growth and future-ready manufacturing. The report emphasizes material durability, lifecycle value, and recyclability for India's infrastructure ambitions. Key achievements include commissioning a 1.2 MTPA stainless steel melt shop in Indonesia, increasing global melting capacity to 4.2 MTPA, and securing its first commercial aerospace order. Financially, FY26 saw consolidated revenue of ₹42,955 crore, EBITDA grow 19.2% to ₹5,560 crore, and Profit After Tax increase 27.4% to ₹3,185 crore. Finished goods sales volume hit a record 2.57 million tonnes. Sustainability efforts included advancing a 315.6 MW solar-wind hybrid project, with renewables accounting for 47% of electricity consumption at key facilities. The company also progressed towards emission reduction targets and expanded CSR and consumer engagement initiatives.

Key Highlights

  • FY26 revenue ₹42,955 Cr, EBITDA ₹5,560 Cr (up 19.2%), PAT ₹3,185 Cr (up 27.4%).
  • Global melting capacity increased to 4.2 MTPA with Indonesia plant commissioning.
  • Secured first commercial aerospace order for India's Small Satellite Launch Vehicle.
  • Renewable energy met 47% of electricity needs; 70% recycled scrap used.
  • Expanded CSR and consumer engagement programs, impacting over 1 lakh people.