Jindal Stainless Limited — Investor Meet, 10-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Jindal Stainless delivered a resilient Q1 FY27 performance, with revenue up 10.5%, EBITDA 1.4%, and PAT 7.7% YoY. Finished goods volume dipped 7.3% due to industrial gas supply disruptions and logistics challenges, which have now normalized. Net debt reduced to INR 2,950 Cr, with a net debt-to-EBITDA of 0.53x. Management is maintaining H1 EBITDA guidance (INR 18,000-20,000/ton) and sees strong demand in domestic sectors like railways and automotive. Capex plans for downstream capacities (INR 2,400-2,600 Cr) are on track, targeting 2.67 MT by FY28. Efforts to diversify energy mix and green hydrogen expansion are underway.