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Jindal Stain.

Q4 FY26Ferrous Metals

Jindal Stain. Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹701
Market cap₹57.8K Cr
P/E17.6
Updated23 Aug 2026
Read4 min read

The short version

Jindal Stainless expects sales volume growth of 7% to 9% for FY27. Jindal Stainless expects FY27 volume growth of 7% to 9%.

From Jindal Stain.'s Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Jindal Stainless expects sales volume growth of 7% to 9% for FY27.
  • The company targets a sales volume of around 3.5 million tons per annum by FY29.
  • This target implies robust double-digit compounded volume growth over the next 3 years.
  • Incremental capex is planned to support this growth, including expansions in melt capacity and downstream facilities.
  • The ramp-up of the Indonesian plant and domestic expansions (such as Maharashtra downstream capacity) are key drivers.
  • Export contribution is expected to remain around 8% to 10% of increased volume despite challenges.

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Profitability & Margins

See what Jindal Stain. said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • The company is progressing on an announced capex plan, including:
  • 1.2 million tons per annum stainless steel melt shop in Indonesia, commissioned ahead of schedule.
  • Expansion of total melting capacity to 4.2 million tons per annum (3 million tons in India).
  • Downstream expansion in India:
  • Upcoming commissioning of 1.1 million tons per annum HRAP line at Jajpur.
  • 0.17 million tons per annum CRAP line at Jajpur.
  • Additional INR900 crores committed for augmenting cold rolling capacities at Hisar and Kharagpur.
  • Maharashtra facility:
  • Ongoing land acquisition for expansion.
  • Plan to start with downstream capacity followed by upstream.
  • Capex guidance for FY27 is around INR2,600 crores; FY28 capex to be announced later.

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Top-ranked in Ferrous Metals

Ranked on what management guided this quarter

Guidance-ranked
1Sandur Manganese
Rev 2Mar 3
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 3Mar 1
5
Rev 3Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

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Order Book & Pipeline

The transcript provided in the document does not explicitly mention details about Jindal Stainless Limited's current or expected order book or pending orders. There is no direct reference to order book status, backlog, or pending orders during the earnings call or in management commentary. Key points related to demand and capacity utilization include: - Ramp-up of new capacities expected to reach 70-80% utilization within the financial year (Tarun Khulbe, Page 19). - Continuous resilient demand across key sectors and customer segments. - A strategic focus on value-added products and maintaining long-term global customer relationships.

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Jindal Stain. — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

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.

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Frequently Asked Questions

What were Jindal Stain. Q4 FY26 results?

Jindal Stainless expects sales volume growth of 7% to 9% for FY27. Jindal Stainless expects FY27 volume growth of 7% to 9%.

What is Jindal Stain. share price analysis?

Jindal Stain. currently shows a neutral. The stock trades at a P/E of 17.6 with a market cap of ₹57,821 Cr. Investors should review the full earnings analysis for detailed insights.

Is Jindal Stain. planning capital expenditure?

The company is progressing on an announced capex plan, including: - 1.2 million tons per annum stainless steel melt shop in Indonesia, commissioned ahead of schedule.

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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.