JINDAL STAINLESS LTD. Q4 FY26 Results

Summary

Jindal Stainless announced strong financial results for both the fourth quarter and the full financial year ended March 31, 2026. For FY26, the company's consolidated net revenue increased by 9.3% year-on-year to INR 42,955 crore, with consolidated EBITDA rising 19.2% to INR 5,560 crore, and PAT growing 27.4% to INR 3,185 crore. The fourth quarter also showed robust performance, with consolidated net revenue up 11.2% to INR 11,337 crore, consolidated EBITDA jumping 37.1% to INR 1,455 crore, and PAT surging 41.4% to INR 834 crore. The company delivered resilient operational and financial performance, supported by strong domestic demand, while also improving its consolidated net debt-to-equity ratio to approximately 0.15x.

Key Highlights

1. 1

   Jindal Stainless reported a consolidated net revenue of INR 42,955 crore for FY26, marking a 9.3% year-on-year increase.

2. 2

   Consolidated EBITDA for FY26 rose significantly by 19.2% year-on-year to INR 5,560 crore.

3. 3

   Profit after tax (PAT) at the consolidated level for FY26 increased by 27.4% year-on-year to INR 3,185 crore.

4. 4

   For Q4 FY26, consolidated net revenue stood at INR 11,337 crore, up by 11.2% year-on-year, demonstrating strong quarterly growth.

5. 5

   Q4 FY26 consolidated EBITDA grew robustly by 37.1% year-on-year to INR 1,455 crore, reflecting strong operating performance.

6. 6

   The company's finished goods sales volume for FY26 reached 25,65,902 tonnes, registering an 8.1% year-on-year growth.

7. 7

   The consolidated net debt-to-equity ratio improved to ~0.15x from 0.24x last year, indicating strengthened financial health.