)
Jindal Stainless (JSL) investor relations material
Jindal Stainless Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY26 deliveries grew 15% year-on-year and 3% sequentially, with consolidated net revenue up 11% to ₹10,893 crore and strong growth in value-added products and special product division.
The company opened its first stainless steel fabrication unit in Maharashtra and expanded internationally with a joint venture in Indonesia to increase melting capacity from 3 MTPA to 4.2 MTPA.
Export volumes were maintained despite global trade disruptions and subdued demand in the US and EU, while domestic demand remained robust across infrastructure, auto, and process industries.
Sustainability initiatives advanced, including a green hydrogen plant and increased renewable power utilization to 42% at key facilities.
Board approved unaudited financial results, incorporation of a centralized shared services subsidiary, and statutory auditors expressed an unmodified conclusion.
Financial highlights
Q2 FY26 consolidated deliveries reached 648,050 MT, up 15% year-on-year; consolidated EBITDA rose 17% to ₹1,388 crore, and PAT increased 33% to ₹808 crore.
H1 FY26 deliveries were 1,274,302 MT, up 12% year-on-year; H1 EBITDA up 12% to ₹2,698 crore; H1 PAT up 21% to ₹1,523 crore.
Standalone Q2 FY26 revenue was ₹10,880.89 crore, with net profit at ₹643.89 crore; consolidated revenue was ₹10,892.78 crore, with net profit at ₹807.92 crore.
Standalone EPS (diluted) for Q2 FY26 was ₹7.81; consolidated EPS (diluted) was ₹9.78.
Export sales accounted for 9% and domestic sales 91% in both Q2 and H1 FY26.
Outlook and guidance
Volume guidance for FY26 maintained at 9-10% growth despite H1 outperformance, due to uncertainties from CBAM and QCO.
EBITDA per ton and other financial guidance remain unchanged pending further market clarity.
QCO suspension may cause short-term price pressure, but volume targets for Q3 and H2 are expected to be met.
Demand outlook for Q3 FY26 remains positive across process industry, infrastructure, and automobiles, with festive season and GST cuts expected to support auto growth.
Board approved a joint venture in Indonesia to set up a stainless steel melt shop, increasing melting capacity.
Next Jindal Stainless earnings date
Next Jindal Stainless earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage