JSL

Jindal Stainless Limited announced its management will participate in the 360 ONE Capital (B&K) Annual Investor Conference - TRINITY INDIA 2026 on Friday, May 29, 2026, in Mumbai.

Jindal Stainless Limited submitted a Corporate Presentation dated May 2026, highlighting its operational and financial performance. As of March 31, 2026, the company reported ~₹430bn in net revenue and ~₹56bn in EBITDA, with healthy net debt to equity/EBITDA ratios of 0.2x/0.5x. The presentation emphasizes its position as India's #1 and global #5 (ex-China) stainless steel producer with a 4.2 MTPA capacity, a diverse product portfolio, and robust manufacturing facilities across Odisha (2.2 MTPA) and Hisar (0.8 MTPA).

Jindal Stainless Limited announced that its management will participate in the Motilal Oswal - Annual Singapore Corporate Day 2026 on May 18-19, 2026, in Singapore, for an investors' meet.

Jindal Stainless Limited announced its management will participate in the Motilal Oswal - Annual Singapore Corporate Day 2026 on May 18-19, 2026, in Singapore, to meet with investors.

Jindal Stainless' Hisar plant achieved Zero Waste to Landfill (ZWTL) certification with a Platinum+ rating, verified by Bureau Veritas India Pvt. Ltd. The facility recorded a 99.99% waste diversion rate during FY 2024-25, reinforcing the company's commitment to environmental responsibility and sustainable manufacturing.

Jindal Stainless Limited (JSL) provided an outlook for FY27, guiding for 7-9% volume growth and an EBITDA per ton of INR18,000-20,000 for H1 FY27, with a review planned thereafter due to cost uncertainties. The company targets a sales volume of 3.5 million tons per annum by FY29, driven by strategic capacity expansions. Capex for FY27 is guided at INR2,600 crores. Key growth drivers include robust domestic demand from sectors like automotive, metro, and infrastructure, with stainless steel demand in passenger coaches and metro projects expected to jump 2-3x over the next 3-4 years. JSL commissioned a 1.2 MTPA melt shop in Indonesia ahead of schedule and plans further cold rolling capacity augmentation in India (INR900 crores investment). The company's consolidated net debt reduced to INR3,040 crores, improving its debt-to-EBITDA and debt-to-equity ratios. JSL is addressing challenges like geopolitical disruptions, increased fuel costs, and the temporary suspension of QCO by diversifying energy sources and expanding market reach into new export markets. A final dividend of INR3 per share was recommended for FY26.