Jindal Stainless Limited — Investor Meet, 12-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Jindal Stainless saw strong Q1 FY26 results with deliveries at 626,252 MT (+8% YoY), EBITDA at Rs. 1,310 Cr (+23% QoQ), and PAT at Rs. 715 Cr (+21% QoQ). Net debt reduced to Rs. 3,869 Cr.

Management is bullish on domestic demand, targeting 9-10% volume growth for FY26, driven by auto, white goods, and infrastructure. Focus on value-added products improved margins. Chromeni utilization hit 60-65%, aiming for 80-85% by H2. FY26 CAPEX guidance stands at Rs. 2,700 Cr. The company is strategically prioritizing domestic market over volatile exports and continuing its decarbonization efforts. Overall sentiment is confident on continued domestic growth and profitability.