Jindal Stainless Limited — PPTs, 21-01-2026: Investor Presentation

Jindal Stainless (JSL) posted strong Q3 & 9M FY26 results. Sales volume jumped 11% YoY to 650k Metric Tonnes in Q3, driven by 95% domestic sales. Consolidated Net Revenue grew 6% YoY to ₹10,518 Cr, with EBITDA up 17% YoY to ₹1,408 Cr and PAT surging 27% YoY to ₹828 Cr. For 9M FY26, Net Revenue hit ₹31,617 Cr (+9% YoY) and PAT ₹2,350 Cr (+23% YoY).

Demand remained robust in Q3, fueled by festive season, GST cuts, and higher demand for special grades across automobiles, infrastructure, and railways (Vande Bharat, Metro, Amrit Bharat coaches). JSL is expanding, aiming for 4.2 million tonnes annual capacity by FY27. Outlook for Q4 FY26 remains positive, supported by continued demand and the new BIS standard. Net Debt (Cons.) at ₹3,451 Cr in Dec 2025.