Jindal Stainless Ltd
Jindal Stainless Q3 FY25 earnings call: Revenue & Margins
Q3 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
Volume Growth Guidance: Targeting 9% to 10% double-digit volume growth for FY '25 and the next fiscal year, inclusive of Chromeni volumes. Jindal Stainless targets double-digit volume growth for FY '26, maintaining a 9-10% range for FY '25.
From Jindal Stainless Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Volume Growth Guidance: Targeting 9% to 10% double-digit volume growth for FY '25 and the next fiscal year, inclusive of Chromeni volumes.
- Revenue Outlook: Q3 FY '25 revenue increased by 3% quarter-on-quarter to INR10,066 crores; domestic demand remains robust.
- Export Volumes: Export volumes have fallen by 26% year-on-year, but the company plans to maintain good export volumes despite global challenges.
- Domestic Market Focus: Strong confidence in domestic market growth driven by infrastructure projects, processing industries, and railways.
- Product Mix Strategy: Growth focused on niche, value-added products, particularly in segments like lifts, elevators, automotive, and white goods.
2 more points from Jindal Stainless Ltd's call on revenue
Pro opens every point from 15K+ earnings calls
Profitability & Margins
See what Jindal Stainless Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- INR 5,500 crores capex announced last year is progressing well, with around INR 1,100 crores spent on other capex so far; some brownfield capex may defer to next year.
- Majority of announced capex related to acquisitions and JV investments.
- Indonesia SMS plant commissioning is on track within 24 months.
- No clear-cut plans for greenfield capex currently; company will announce when ready.
- Chromeni operations have started, boosting cold rolling capacity.
- NPI project is in ramp-up phase with ~65% utilization.
- Capex spending includes investments in renewable energy (3.7 MW solar rooftop installed), aiming to raise renewable energy share.
2 more points from Jindal Stainless Ltd's call on capex
Pro opens every point from 15K+ earnings calls
Top-ranked in Ferrous Metals
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Jindal Stainless Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points from Jindal Stainless Ltd's call on order book
Pro opens every point from 15K+ earnings calls
Jindal Stainless Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹11.3K Cr, net profit ₹834 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Jindal Stain.'s management said in earlier quarters
Arthneeti Pro · Annual
Jindal Stainless Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Jindal Stainless Ltd Q3 FY25 results?
Volume Growth Guidance: Targeting 9% to 10% double-digit volume growth for FY '25 and the next fiscal year, inclusive of Chromeni volumes. Jindal Stainless targets double-digit volume growth for FY '26, maintaining a 9-10% range for FY '25.
What is Jindal Stainless Ltd share price analysis?
Jindal Stainless Ltd currently shows a neutral. The stock trades at a P/E of 18.6 with a market cap of ₹61,378 Cr. Investors should review the full earnings analysis for detailed insights.
Is Jindal Stainless Ltd planning capital expenditure?
INR 5,500 crores capex announced last year is progressing well, with around INR 1,100 crores spent on other capex so far; some brownfield capex may defer to next year.
Keep Jindal Stainless Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.