Jindal Stainless Ltd Share Price

During the reporting period from FY 2024-25, the facility achieved an exceptional waste diversion rate of 99.99%, ensuring that nearly all waste generated was effectively recycled, reused, or recovered, with negligible quantities directed to landfill. The assessment, conducted as per mass balance methodology, acknowledges the unit's strong alignment with circular economy principles and its ongoing commitment to responsible industrial operations.

However, EBITDA jumped 24.8% to Rs 1,111 crore in Q4 FY26, compared with Rs 890 crore in Q4 FY25. Stainless steel sales volume remained largely stable at 6,41,743 metric tonnes (MT), marginally lower than 6,42,641 MT a year ago.

Domestic operations continued to anchor performance, contributing 95% of total revenue, supported by strong demand across sectors including automotive, pipes and tubes, metros, lifts, and elevators, and white goods.

Exports accounted for around 7% of total revenue, with the company navigating a challenging global environment shaped by geopolitical conflicts and tariff uncertainties, resulting in trade disruptions. Despite this, the company delivered sustained export performance, while also maintaining focus on expanding into markets such as Japan, South Korea, Taiwan and Germany, which continued to gain traction.

For the full year, the company’s standalone net profit increased 4.86% to Rs 2,842.95 crore on 6.22% increase in revenue from operations to Rs 42,680.22 crore in FY26 over FY25.

Meanwhile, the company’s board recommended a final dividend of Rs 3 per equity share of face value of Rs 2 each for the FY26.

Abhyuday Jindal, managing director, Jindal Stainless, said, “FY26 has been a strong year for Jindal Stainless, marked by resilient growth, strategic execution and important milestones across operations and brand building. Supported by robust domestic demand and rising stainless steel adoption across sectors, we delivered healthy volume growth while continuing to strengthen our value-added portfolio and downstream capabilities.

Looking ahead, our focus will be on leveraging our capacity enhancement and downstream expansion to expanding applications, maintaining cost efficiencies, and manufacturing excellence, to achieve ~3.5 MTPA sales volume by FY29.

The domestic stainless steel industry continues to operate in a challenging environment caused by the Middle-East crisis and India’s liberal trade policies. Concerns over cheap, substandard imports remains and on behalf of the industry, we continue to advocate for a strong policy framework to curb unfair imports and safeguard the long-term interests of the domestic stainless steel industry.”

Jindal Stainless manufactures stainless steel using electric arc furnace. The company’s product range includes stainless steel slabs, blooms, coils, plates, sheets, precision strips, wire rods, rebars, blade steel, and coin blanks. It has 16 stainless steel manufacturing and processing facilities in India and abroad, including in Spain and Indonesia, and a worldwide network in 12 countries, as of March 2026.

For the full year,net profit rose 27.47% to Rs 3193.45 crore in the year ended March 2026 as against Rs 2505.20 crore during the previous year ended March 2025. Sales rose 9.27% to Rs 42954.66 crore in the year ended March 2026 as against Rs 39312.21 crore during the previous year ended March 2025.

However, EBITDA jumped 24.8% to Rs 1,111 crore in Q4 FY26, compared with Rs 890 crore in Q4 FY25. Stainless steel sales volume remained largely stable at 6,41,743 metric tonnes (MT), marginally lower than 6,42,641 MT a year ago.

Domestic operations continued to anchor performance, contributing 95% of total revenue, supported by strong demand across sectors including automotive, pipes and tubes, metros, lifts, and elevators, and white goods.

Exports accounted for around 7% of total revenue, with the company navigating a challenging global environment shaped by geopolitical conflicts and tariff uncertainties, resulting in trade disruptions. Despite this, the company delivered sustained export performance, while also maintaining focus on expanding into markets such as Japan, South Korea, Taiwan and Germany, which continued to gain traction.

For the full year, the company’s standalone net profit increased 4.86% to Rs 2,842.95 crore on 6.22% increase in revenue from operations to Rs 42,680.22 crore in FY26 over FY25.

Meanwhile, the company’s board recommended a final dividend of Rs 3 per equity share of face value of Rs 2 each for the FY26.

Abhyuday Jindal, managing director, Jindal Stainless, said, “FY26 has been a strong year for Jindal Stainless, marked by resilient growth, strategic execution and important milestones across operations and brand building. Supported by robust domestic demand and rising stainless steel adoption across sectors, we delivered healthy volume growth while continuing to strengthen our value-added portfolio and downstream capabilities.

Looking ahead, our focus will be on leveraging our capacity enhancement and downstream expansion to expanding applications, maintaining cost efficiencies, and manufacturing excellence, to achieve ~3.5 MTPA sales volume by FY29.

The domestic stainless steel industry continues to operate in a challenging environment caused by the Middle-East crisis and India’s liberal trade policies. Concerns over cheap, substandard imports remains and on behalf of the industry, we continue to advocate for a strong policy framework to curb unfair imports and safeguard the long-term interests of the domestic stainless steel industry.”

Jindal Stainless manufactures stainless steel using electric arc furnace. The company’s product range includes stainless steel slabs, blooms, coils, plates, sheets, precision strips, wire rods, rebars, blade steel, and coin blanks. It has 16 stainless steel manufacturing and processing facilities in India and abroad, including in Spain and Indonesia, and a worldwide network in 12 countries, as of March 2026.

The counter advanced 1.54% to end at Rs 780 on the BSE.

Jindal Stainless Ltd rose for a third straight session today. The stock is quoting at Rs 783.7, up 1.27% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.36% on the day, quoting at 24321.3. The Sensex is at 77951.82, up 1.39%. Jindal Stainless Ltd has added around 10.23% in last one month.

Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has added around 17.53% in last one month and is currently quoting at 13046.45, up 0.34% on the day. The volume in the stock stood at 2.5 lakh shares today, compared to the daily average of 7.67 lakh shares in last one month.

The PE of the stock is 23.06 based on TTM earnings ending December 25.

Jindal Stainless Ltd gained for a third straight session today. The stock is quoting at Rs 770.15, up 1.72% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.99% on the day, quoting at 24011.35. The Sensex is at 77413.31, up 1.02%. Jindal Stainless Ltd has gained around 4.56% in last one month.

Meanwhile, Nifty Metal index of which Jindal Stainless Ltd is a constituent, has gained around 3.52% in last one month and is currently quoting at 12229.7, up 0.07% on the day. The volume in the stock stood at 2.87 lakh shares today, compared to the daily average of 8.45 lakh shares in last one month.

The PE of the stock is 22.56 based on TTM earnings ending December 25.

Jindal Stainless has announced Ranveer Singh, one of India's most celebrated actors and cultural icons, as its first ever brand ambassador and nationwide celebrity endorser. The association marks a significant step in the company's efforts to expand brand visibility and strengthen its connect with consumers. Known for his grit, performance, and reliability, Ranveer Singh's persona mirrors the brand's core ethos. Through this association, Ranveer Singh will lead campaigns across television, digital, and social media, reinforcing stainless steel's position as a trusted material powering India's growth.

Commenting on the announcement, Managing Director, Jindal Stainless, Abhyuday Jindal, said, “Ranveer Singh represents not only the present but also the future of Indian cinema, deeply committed to the work behind performance. As Jindal Stainless embarks on its next phase of growth, his dynamic personality and strong connect with audiences make him a fitting partner, to help bring the versatility of stainless steel closer to people across the country.

Jindal Stainless Ltd gained 2.64% today to trade at Rs 760.15. The BSE Metal index is up 1.15% to quote at 39490.63. The index is up 3.31 % over last one month. Among the other constituents of the index, Tata Steel Ltd increased 2.39% and Lloyds Metals & Energy Ltd added 2.13% on the day. The BSE Metal index went up 41.64 % over last one year compared to the 9.56% surge in benchmark SENSEX.

Jindal Stainless Ltd has lost 5.48% over last one month compared to 3.31% gain in BSE Metal index and 0.02% drop in the SENSEX. On the BSE, 17144 shares were traded in the counter so far compared with average daily volumes of 24223 shares in the past one month. The stock hit a record high of Rs 883.25 on 07 Jan 2026. The stock hit a 52-week low of Rs 497 on 07 Apr 2025.