Inve India ▾

Jindal Stainless share price & results

Jindal Stainless Limited· Metals & Mining· Commodities

Results to
Sept 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest integrated stainless steel maker, from melting to finished flat, long and coin-blank products.

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue11,413 ₹ crore+4.9% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin10.0 %0.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit786 ₹ crore+22.0% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity15.56 %+1.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin1.76 %−5.6 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)11.66 %+7.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

7 of 8 judged targets kept · 11 open · verdicts reflect calls analysed to Q1 FY27.

Jindal Stainless Limited management guidance track record on Inve: 19 targets tracked across analysed earnings calls (7 achieved, 1 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
Volume Growth7% to 9% for FY27
Call transcript, Q4 FY26 · 9 May 2026		Q4 FY26Q1 FY27:Management reiterated confidence in the full-year guidance despite a 7.3% YoY decline in Q1 sales volume, stating they will provide an update in Q2.
Call transcript, Q1 FY27 · 4 Aug 2026		At Risk
HRAP CommissioningH2 FY27
Call transcript, Q1 FY26 · 7 Aug 2025		Q1 FY26Q1 FY27:Confirmed HRAP plant should be ready towards the end of Q3 FY27, which is in line with the H2 FY27 timeline.
Call transcript, Q1 FY27 · 4 Aug 2026		On Track
Consolidated EBITDA per tonRs. 19,000 to Rs. 21,000 for FY26
Call transcript, Q4 FY25 · 9 May 2025		Q4 FY25Q4 FY26:Full FY26 average was ~Rs. 21,634/ton (INR 5,560 crores EBITDA / 2.57 MT volume), exceeding the guided range.
Call transcript, Q4 FY26 · 9 May 2026		Achieved

Source: Inve Guidance Tracker for Jindal Stainless Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of Jindal Stainless Limited's 19 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 16 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹688.85 +0.21% · +₹1.45

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −14.1% 1Y

₹650₹700₹750₹800₹850Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q3 FY26 — 22 Jan 2026Q3 FY26 — 28 Jan 2026Q4 FY26 — 8 May 2026Q1 FY27 — 4 Aug 2026

1Y: ₹802.05 on 24 Oct 2025 → ₹688.85. High ₹865.65 (5 Jan 2026), low ₹661.9 (10 Jun 2026).

Previous close
₹687.4
Market cap
₹58.5k Cr
52-week range
₹661.9 – ₹865.65
One year
−15.09%
Price to earnings (TTM to Sept 2026)
17.69×
Return on equity (TTM to Sept 2026)
15.56%

Overview

Symbol
NSE:JSL
Industry
Commodities
Exchange
NSE
Currency
INR

What Jindal Stainless Limited does

Based on the company's own presentations, annual report and earnings calls.

Jindal Stainless is India's leading integrated stainless steel producer, melting steel via electric arc furnaces at its Hisar (Haryana) and Jajpur (Odisha) complexes, with additional manufacturing at Chromeni Steels in Mundra (Gujarat) and processing units in Spain and Indonesia. It converts raw materials into a wide range of flat and long stainless steel products — slabs, blooms, coils, plates, sheets, precision strips, wire rods, rebars, blade steel and coin blanks — supplied to sectors spanning automobiles, railways and transport, process and engineering, consumer durables, and architecture, building and construction. The company also owns Arttd'inox, a premium homeware and tableware brand, and operates through a network of subsidiaries supporting its integrated value chain.

Market position
#1 stainless steel producer in India
Manufacturing & processing facilities
16 (India, Spain, Indonesia)
Countries of operational presence
12
Installed stainless steel melting capacity
3 MTPA (Steel Melt Shop)
Hot Strip Mill rolling capacity
3.92 MTPA (including JUSL)
Export markets
50+ countries
Founded 1970Headquarters Delhi, India Company website

How the price took the results

close before → close after

Q1 FY27
+0.5%
4 Aug
Q4 FY26
−3.2%
9 May
Q3 FY26
+0.9%
22 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Your own record

Start an Inve Case for Jindal Stainless Limited

Free account: one company. Everything above stays public.

Write why you follow Jindal Stainless Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds

Keep reading

Other Metals & Mining companies

All Metals & Mining companies → · Metals & Mining earnings growth →

Learn to analyse Jindal Stainless Limited

Guides on how to read this kind of business and the numbers that matter.