Jindal Steel Ltd
Jindal Steel Q2 Results 2026 (FY27): Revenue ₹19,448 Cr, PAT ₹771 Cr
Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.
Jindal Steel Ltd Q2 FY27 key numbers
- Revenue
- Consolidated Q2FY27 Gross Revenue: ₹19,448 cr, up from ₹13,505 cr in Q2FY26 (+44% YoY).
As stated in Jindal Steel Ltd's Q2 FY27 investor presentation · published 23 Oct 2026. Reported figures, not investment advice.
Based on Jindal Steel Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.
The short version
Consolidated Q2FY27 Gross Revenue: ₹19,448 cr, up from ₹13,505 cr in Q2FY26 (+44% YoY) [Page 19] - Consolidated Q2FY27 Net Revenue: ₹16,704 cr, up from ₹11,708 cr in Q2FY26 (+43% YoY) [Page 19] - Consolidated Q2FY27 Financials: - Adjusted EBITDA: ₹2,504 crore (up from ₹1,875 crore in Q2FY26) - Profit After Tax (PAT): ₹771 crore (up from ₹635 crore in Q2FY26) - Gross Revenue: ₹19,448 crore (up from ₹13,505 crore in Q2FY26) - Steel Production: 2.40 MT (up from 2.00 MT in Q2FY26) - Net Debt to EBITDA (TTM): 1.51x (Q2FY26: 1.48x) - Standalone Q2FY27 Financials: - Adjusted EBITDA: ₹1,865 crore (up from ₹1,752 crore in Q2FY26) - PAT: ₹861 crore (up from ₹921 crore in Q2FY26) - Operating Margin: - Not explicitly stated as a percentage, but EBITDA per ton was ₹10,529 in Q2FY27 (up from ₹10,010 in Q2FY26). - Margin Outlook: - No explicit margin outlook stated in the presentation.
From Jindal Steel Ltd's Q2 FY27 earnings-call transcript · updated 23 Oct 2026.
Revenue & Sales Performance
- Consolidated Q2FY27 Gross Revenue: ₹19,448 cr, up from ₹13,505 cr in Q2FY26 (+44% YoY) [Page 19]
- Consolidated Q2FY27 Net Revenue: ₹16,704 cr, up from ₹11,708 cr in Q2FY26 (+43% YoY) [Page 19]
- Consolidated Q2FY27 Steel Production: 2.40 million tonnes (MT), up from 2.00 MT in Q2FY26 (+20% YoY) [Page 11]
- Consolidated Q2FY27 Steel Sales: 2.38 MT, up from 1.87 MT in Q2FY26 (+27% YoY) [Page 11]
2 more points from Jindal Steel Ltd's call on revenue
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Profitability & Margins
- Consolidated Q2FY27 Financials:
- Adjusted EBITDA: ₹2,504 crore (up from ₹1,875 crore in Q2FY26)
- Profit After Tax (PAT): ₹771 crore (up from ₹635 crore in Q2FY26)
- Gross Revenue: ₹19,448 crore (up from ₹13,505 crore in Q2FY26)
- Steel Production: 2.40 MT (up from 2.00 MT in Q2FY26)
- Net Debt to EBITDA (TTM): 1.51x (Q2FY26: 1.48x)
- Standalone Q2FY27 Financials:
- Adjusted EBITDA: ₹1,865 crore (up from ₹1,752 crore in Q2FY26)
- PAT: ₹861 crore (up from ₹921 crore in Q2FY26)
- Operating Margin:
- Not explicitly stated as a percentage, but EBITDA per ton was ₹10,529 in Q2FY27 (up from ₹10,010 in Q2FY26).
2 more points from Jindal Steel Ltd's call on margins
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Capital Expenditure Plans
- Continue investing in steel & ancillary business (mines, power, ports) focused on green-tech primarily in India (organic + inorganic).
- Angul expansion ongoing; slurry pipeline commissioned (192 km, 18 MTPA capacity).
- Annual capex planned: INR 7,500-10,000 crore with project pre-tax ROCE of 18-20%, updated annually.
- Current ROCE 8%, expected to improve as new facilities ramp up.
- Capex primarily funded through internal accruals.
- Cumulated capex: INR 43,637 crore by Q2FY27 (up from INR 40,450 crore at FY26).
- Expansion includes integrated steel production capacity: Steel Melting Shop of 2.40 MTPA, iron ore mining blocks (Tensa, Kasia, Utkal B1 & B2), coal blocks, and downstream mills (plate, hot strip, cold roll, RUBM, Roida).
2 more points from Jindal Steel Ltd's call on capex
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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
Read what Jindal Steel Ltd said on fundraising in the Q2 FY27 call
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Jindal Steel Ltd — Quarterly revenue & net profit
Q2 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q2 FY27 numbers from the filing are in the analysis on this page.
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹16.2K Cr, net profit ₹1.0K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Jindal Steel Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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Frequently Asked Questions
What were Jindal Steel Ltd Q2 FY27 results?
Consolidated Q2FY27 Gross Revenue: ₹19,448 cr, up from ₹13,505 cr in Q2FY26 (+44% YoY) [Page 19] - Consolidated Q2FY27 Net Revenue: ₹16,704 cr, up from ₹11,708 cr in Q2FY26 (+43% YoY) [Page 19] - Consolidated Q2FY27 Financials: - Adjusted EBITDA: ₹2,504 crore (up from ₹1,875 crore in Q2FY26) - Profit After Tax (PAT): ₹771 crore (up from ₹635 crore in Q2FY26) - Gross Revenue: ₹19,448 crore (up from ₹13,505 crore in Q2FY26) - Steel Production: 2.40 MT (up from 2.00 MT in Q2FY26) - Net Debt to EBITDA (TTM): 1.51x (Q2FY26: 1.48x) - Standalone Q2FY27 Financials: - Adjusted EBITDA: ₹1,865 crore (up from ₹1,752 crore in Q2FY26) - PAT: ₹861 crore (up from ₹921 crore in Q2FY26) - Operating Margin: - Not explicitly stated as a percentage, but EBITDA per ton was ₹10,529 in Q2FY27 (up from ₹10,010 in Q2FY26). - Margin Outlook: - No explicit margin outlook stated in the presentation.
What is Jindal Steel Ltd share price analysis?
Jindal Steel Ltd currently shows a neutral. The stock trades at a P/E of 34.3 with a market cap of ₹105,763 Cr. Investors should review the full earnings analysis for detailed insights.
Is Jindal Steel Ltd planning capital expenditure?
Continue investing in steel & ancillary business (mines, power, ports) focused on green-tech primarily in India (organic + inorganic).
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.