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Jindal Stainless wins dual recognition at CII energy awards

Jindal Stainless wins dual awards at CII National Energy Management Awards 2026. Jajpur unit receives 'Excellent Energy Efficient Organization' Award. Hisar unit conferred 'Excellent Energy-Efficient Unit' Award. Company reported FY26 annual turnover of ₹42,955 crore.

18Sept 26

Jindal Stainless signs MoU with NCVET for Awarding Body recognition

Jindal Stainless signed an MoU with NCVET on September 18, 2026, gaining recognition as an Awarding Body. The company can now develop and offer government-recognised industry-led qualifications for the stainless steel sector. NCVET approved the first qualification: "Stainless Steel Decorative Pipe & Tube Manufacturing Operator" at NSQF Level 4. The initiative builds on Stainless Academy’s work in training blue- and white-collar workers across ITIs and polytechnics. Jindal Stainless reported an annual turnover of INR 42,955 crore and a melt capacity of 4.2 million tonnes in FY26.

17Sept 26

Jindal Stainless receives Crisil ESG 63 and Core ESG 65 ratings

Jindal Stainless received a Crisil ESG rating of 63. The Core ESG rating assigned was 65. Ratings were issued on September 17, 2026. The assessment was prepared independently by Crisil using public data.

16Sept 26

JSL Overseas raises Jindal Stainless stake to 17.28% via open market buy

JSL Overseas acquired 6,19,678 shares of Jindal Stainless in open market transactions. Promoter stake rose from 17.20% to 17.28% following the purchase. Total holding now stands at 14,24,43,067 equity shares. Acquisition split into two trades on September 11 and September 15, 2026. Disclosure filed under SEBI SAST Regulation 29(2) on September 16, 2026.

14Sept 26

Jindal Stainless management to address investors at Jefferies India Forum

Jindal Stainless management to speak at 2026 Jefferies India Forum. Event scheduled for September 17, 2026, in Gurgaon. Disclosure made under SEBI Regulation 30 requirements.

09Sept 26

Jindal Stainless deploys SAP Ariba to embed ESG risk in supply chain

Deploys SAP Ariba Supplier Risk with ESG capabilities for continuous monitoring. Shifts from periodic manual assessments to digital-first supplier risk management. Enables early identification of risk signals and audit-ready compliance data. Plans training workshops to support MSME suppliers in improving ESG profiles. Reported FY26 turnover of ₹42,955 crore with 4.2 million tonne melt capacity.

08Sept 26

JSL Overseas acquires 6,41,817 Jindal Stainless shares

JSL Overseas Holding Limited acquired 6,41,817 Jindal Stainless shares via open market purchases. The stake increase raises the promoter group's total holding to 17.20% from 17.12%. Purchases were executed on September 3 and September 4, 2026. No shares in the promoter group's holding are currently encumbered or pledged.

07Sept 26

Jindal Stainless signs technical assistance pact with JFE Steel

Jindal Stainless signed a technical assistance agreement with JFE Steel on September 7, 2026. The pact focuses on enhancing product quality and manufacturing for ferritic stainless steel grades. Ferritic stainless steel demand is rising in automotive, infrastructure, and railway sectors. Jindal Stainless reported FY26 turnover of ₹42,955 crore and 4.2 million tonnes melt capacity.

03Sept 26

Jindal Stainless AGM approves ₹3 dividend, Ratan Jindal reappointment

All five resolutions at Jindal Stainless' 46th AGM passed with requisite majority. Final dividend of ₹3 per equity share approved for FY26. Chairman Ratan Jindal reappointed despite 23% dissent from public institutions. Promoters voted unanimously in favor of financial statements and dividend.

01Sept 26

Jindal Stainless revenue rises 9% to ₹42,955 crore in FY26

Revenue rose 9% YoY to ₹42,955 crore in FY26, driven by volume growth. Net profit increased 27% to ₹3,185 crore; EBITDA grew 19% to ₹5,560 crore. Net debt reduced to ₹3,040 crore as of March 2026, improving leverage ratios. Company announced ₹900 crore cold rolling capacity expansion project. Sales volume reached 2.56 million tonnes in FY26, up from 2.37 million tonnes.

31Aug 26

Jindal Stainless plans meeting with analysts and investors on Sep 3

Jindal Stainless plans to meet analysts and investors on September 3, 2026. The event is part of the ASHWAMEDH - ELARA INDIA DIALOGUE 2026 conference. The meeting will be held in Mumbai. Disclosure made under Regulation 30 of SEBI LODR Regulations.

19Aug 26

Jindal Stainless wins Gold, Silver at People Matters Infini-T Awards 2026

Jindal Stainless Limited won Gold and Silver awards at the People Matters Infini-T Awards 2026 for its digital HR transformation. The initiative covered 12,700+ employees across 17 entities, reducing helpdesk tickets by 91% and boosting employee satisfaction from 45% to 87%. An AI assistant now resolves over 95% of routine queries.

13Aug 26

Jindal Stainless FY26 PAT up 27.4% to ₹3,185 crore; outlines strategic roadmap

Jindal Stainless reported a 27.4% year-on-year rise in Profit After Tax to ₹3,185 crore for FY26, driven by record sales volumes and operational efficiency. The company released its Integrated Annual Report, detailing a strategic roadmap focused on sustainable manufacturing, global capacity expansion, and enhanced consumer engagement.

08Aug 26

Jindal Stainless cuts emissions 5%, uses 70.12% scrap in FY26

Jindal Stainless Limited reported a 5% reduction in Scope 1 and 2 emissions and 70.12% recycled content usage in its FY26 BRSR. The filing details decarbonization projects, zero liquid discharge status, and CSR impact on over 1.19 lakh beneficiaries.

08Aug 26

Jindal Stainless fixes Aug 21 record date for ₹3 final dividend

Jindal Stainless Limited has set August 21, 2026, as the record date for a proposed final dividend of ₹3 per share for FY26. The payout, subject to AGM approval, will be distributed within 30 days of the meeting. Shareholders must hold equity shares by the close of business on the record date to be eligible.

06Aug 26

Jindal Stainless schedules investor meets in Hong Kong, Singapore

Jindal Stainless Limited announced investor meetings in Hong Kong and Singapore for August 11-13, 2026. The events include a non-deal roadshow and participation in Nuvama and Avendus conferences, disclosed under SEBI Regulation 30.

05Aug 26

Jindal Stainless schedules investor meet for Aug 10

Jindal Stainless Limited will hold a physical investor meet on August 10, 2026, with Sumitomo Mitsui Asset Management, Invesco Asia Pacific, and Allianz Global Investors. The disclosure was filed under SEBI Regulation 30, ensuring transparency with listed exchanges BSE and NSE.

04Aug 26

Jindal Stainless Q1 Results: Earnings call audio released

Jindal Stainless Limited has published the audio recording of its Q1FY27 earnings call, held on August 4, 2026. The release complies with SEBI Regulation 30 and provides stakeholders with direct access to management’s financial commentary. The recording is available on the company’s website for investor review.

04Aug 26

Jindal Stainless profit rises 7.6% to ₹769 crore in Q1FY27

Jindal Stainless reported a 7.6% YoY rise in Q1FY27 consolidated net profit to ₹769 crore, driven by higher ASPs despite a 7.3% volume drop. Standalone PAT fell 5.6% to ₹606 crore. The company completed its ₹132 crore investment in Oyster Green Hybrid One Private Limited.

04Aug 26

Jindal Stainless Latest Results: Confirms 7-9% Volume Growth, EBITDA/T Guidance Update Post H1

Jindal Stainless has reaffirmed its volume growth target of 7-9% and announced that updated guidance on volume and EBITDA per tonne will be issued following the completion of the first half of the fiscal year. The company's approach reflects a data-driven communication strategy, deferring revised projections until actual H1 performance is assessed. Investors and stakeholders are expected to receive greater clarity on key financial metrics once the half-year review is complete.

03Aug 26

Jindal Stainless Q1 Results: Net Profit rises to ₹7.7B, revenue up YoY

Jindal Stainless reported Q1 consolidated net profit of 7.7B rupees, up from 7.14B rupees YoY, alongside revenue growth to 113B rupees from 102.1B rupees. EBITDA rose to 13.3B rupees from 13.1B rupees YoY, though the EBITDA margin narrowed to 11.78% from 12.83% in the same quarter last year. The results reflect top-line and absolute profit growth, with some margin compression on a year-on-year basis.

02Aug 26

Jindal Stainless Hisar unit wins Times Internet Ecopreneur Award 2026

Jindal Stainless Limited’s Hisar unit won the Times Internet Ecopreneur Award 2026 for Lifetime Achievement in Sustainability. The facility raised its renewable electricity share to 67% in Q1 FY27 and cut greenhouse gas emission intensity by 12%. It also secured a Platinum+ Zero Waste to Landfill rating for FY 2024–25, reinforcing its decarbonisation roadmap involving green hydrogen and SBTi alignment.

31Jul 26

Jindal Stainless Jajpur unit wins three awards at TQM Convention 2026

Jindal Stainless Limited's Jajpur unit won three awards at the TQM Convention 2026, including two Gold Awards for manganese recovery and defect reduction projects. The recognition highlights the unit's robust quality culture, supported by over 270 Quality Circle teams and an integrated management system. This achievement aligns with the company's broader operational excellence strategy, contributing to its status as India's leading stainless steel manufacturer with a FY26 turnover of ₹42,955 crore.

29Jul 26

Jindal Stainless Q1FY27 Earnings Call Scheduled for August 4 at 4 PM IST

Jindal Stainless Limited has announced its Q1FY27 earnings conference call for August 4, 2026, at 4:00 PM IST, disclosed via a BSE and NSE filing on July 28, 2026. The call, hosted by Anand Rathi Research, will be led by Managing Director Abhyuday Jindal alongside the CFO and other senior management, with access available through domestic and international dial-in numbers.

24Jul 26

Jindal Stainless wins six awards at 12th NAMC ceremony

Jindal Stainless Limited secured six prestigious awards at the 12th National Awards for Manufacturing Competitiveness (NAMC). Its Hisar unit won the Gold Medal, Diamond Medal, and AatmaNirbhar Nation Builder Award for the fourth consecutive year, along with an overall 2nd Runner-Up finish. The Mundra unit received the Silver Medal and AatmaNirbhar Factory Recognition. The awards, presented on July 17, 2026, recognize excellence in digitalization, lean manufacturing, and sustainability, validated through rigorous assessments against 170 other units.

21Jul 26

Goldman Sachs Initiates Buy Rating on Jindal Stainless with Target Price of ₹1,000

Goldman Sachs has initiated coverage on Jindal Stainless with a Buy rating and a target price of ₹1,000. The brokerage highlights rising domestic stainless steel demand, a growing value-added product portfolio, and capacity expansion plans to 8.2 mtpa as key drivers. A strong balance sheet and attractive valuations further support the positive outlook. Goldman Sachs also notes the company's potential to become the world's second-largest stainless steel producer.

20Jul 26

Jindal Stainless supplies steel for India's first hydrogen train

Jindal Stainless supplied 40% of the stainless steel for India's first hydrogen-powered train, providing grade X5CrNi1810 from its Jajpur and Hisar plants. The company has supported Indian Railways for over three decades and reported a turnover of ₹42,955 crore in FY26.

09Jul 26

Jindal Stainless wins CII awards for energy efficiency

Jindal Stainless won multiple CII National Awards for energy efficiency at its Hisar and Jajpur units. The company implemented over 200 projects in four years, cutting emissions by 1.05 million tCO₂e. Awards recognised initiatives like waste heat recovery and ISO 50001 implementation.

26Jun 26

Jindal Stainless appoints Kunjal Mehta as CFO effective June 25, 2026

Jindal Stainless has appointed Mr Kunjal Mehta as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective June 25, 2026, succeeding Mr Tarun Kumar Khulbe who relinquishes the additional charge while continuing as CEO & Whole-time Director. The Board also approved the re-classification of PT Glory Metal Indonesia as an associate of the company effective July 1, 2026, restoring the original governance framework under the Collaboration Agreement.

25Jun 26

Jindal Stainless updates KMP contact details for materiality determination

Jindal Stainless Ltd has updated the contact details of its Key Managerial Personnel (KMPs) authorised for determining the materiality of events and information. The disclosure, effective June 25, 2026, names Mr. Navneet Raghuvanshi and Mr. Kunjal Mehta as the designated officials responsible for disclosures to the stock exchanges.

24Jun 26

Jindal Stainless grants 39,608 options under ESOS 2023

Jindal Stainless Limited granted 39,608 stock options under ESOS 2023, split equally between ESOPs and RSUs. ESOPs are priced at Rs 349, a 50% discount to the market price, while RSUs are at face value. The scheme complies with SEBI regulations and allows exercise within four years of vesting.

23Jun 26

Jindal Stainless closes trading window until Q1FY26 results

Jindal Stainless Limited has closed its trading window from July 1, 2026, until the second trading day after the declaration of its Q1FY26 unaudited financial results. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct. The Board meeting date to consider these results for the quarter ending June 30, 2026, will be announced later.

17Jun 26

Jindal Stainless to host virtual investor meet on June 19

Jindal Stainless Limited management will participate in a virtual investor meet with 360 One on June 19, 2026, to discuss business developments and performance.

12Jun 26

Investec Maintains Buy Rating on Jindal Stainless with Target Price of ₹825

Investec has maintained a Buy rating on Jindal Stainless with a target price of ₹825, even as the stock has corrected 23% over the past six months amid capex and gas-related concerns. The brokerage highlighted the company's effective navigation of gas disruptions with limited impact on production and spreads. Strong first-half execution has been cited as a basis for potential guidance upgrades, while a disciplined, RoCE-focused capex strategy and ongoing deleveraging reinforce the positive outlook.

09Jun 26

Jindal Stainless management to attend investor meet in London

Jindal Stainless management will attend the 2026 Jefferies India Access Days in London on June 11, 2026, to engage with investors. The disclosure was made under Regulation 30 of SEBI regulations, signed by Navneet Raghuvanshi.

04Jun 26

Jindal Stainless to attend investor meet on June 8

Jindal Stainless Limited management will attend The India Investor Conference 2026 in Mumbai on June 08, 2026, hosted by ICICI Securities, to discuss performance and strategy.

02Jun 26

Jindal Stainless appoints Kunjal Mehta as Senior Management Personnel

Jindal Stainless Limited has appointed Mr. Kunjal Mehta as Senior Management Personnel effective June 1, 2026, subject to Board approval for the CFO role. Mr. Mehta brings over 25 years of experience from sectors like steel and power transmission, having previously served as CFO at Adani Energy Solutions Limited.

25May 26

Jindal Stainless to attend investor meet on May 29

Jindal Stainless Limited management will participate in the 360 ONE Capital Annual Investor Conference, TRINITY INDIA 2026, on May 29, 2026, in Mumbai. The event is subject to change due to exigencies. The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

15May 26

Jindal Stainless Files Corporate Presentation Under SEBI Regulation 30 for May 2026

Jindal Stainless Limited filed its corporate presentation under SEBI Regulation 30 on May 15, 2026, reporting consolidated revenue growth at a CAGR of 17% to ₹42,955 Cr in FY26 and sales volume CAGR of 14% to 2,566 ('000) MT. On a standalone basis, EBITDA stood at ₹756 Cr and PAT at ₹338 Cr in FY26, with interest costs declining to ₹173 Cr. The company is actively expanding capacity, with melt capacity scaling to 4.2 MTPA and a ₹900 Cr cold rolling augmentation underway, while maintaining a net debt/EBITDA of 0.15x in FY26. ESG metrics and a progressive credit rating upgrade to AA-/Positive further underscore the company's operational and financial trajectory.

15May 26

Jindal Stainless Management to Attend Motilal Oswal Singapore Corporate Day 2026

Jindal Stainless Limited has intimated stock exchanges under Regulation 30 of SEBI (LODR) Regulations, 2015, that its management will participate in the Motilal Oswal Annual Singapore Corporate Day 2026, scheduled for May 18-19, 2026, in Singapore. The disclosure was digitally signed by Navneet Raghuvanshi, Head-Legal, Company Secretary & Compliance Officer, on May 13, 2026, and filed with both BSE Limited and the National Stock Exchange of India Ltd.

12May 26

Jindal Stainless' Hisar Plant Achieves Zero Waste to Landfill Certification with Platinum+ Rating for FY25

Jindal Stainless' Hisar plant has been awarded the Zero Waste to Landfill certification with a Platinum+ rating for FY 2024-25, achieving a 99.99% waste diversion rate as verified by Bureau Veritas India Pvt. Ltd using mass balance methodology. The Platinum+ rating is the highest level under the ZWTL framework, underscoring the facility's commitment to circular economy principles and responsible industrial operations.

10May 26

Jindal Stainless FY26 PAT Rises 27% to ₹3,185 Crore; FY27 EBITDA Guided at ₹18,000–₹20,000/Tonne

Jindal Stainless reported FY26 consolidated revenue of ₹42,954.66 crore and PAT of ₹3,184.57 crore, up 27% YoY, with Q4 consolidated PAT rising 41.4% to ₹843 crore and EBITDA margin expanding to 12.83%. The company guided for 7-9% volume growth and ₹18,000-₹20,000 EBITDA per tonne for H1 FY27, with FY27 capex of ₹2,600 crore and a long-term target of 3.5 MTPA by FY29, supported by the commissioned 1.2 MTPA Indonesian melt shop and ongoing downstream expansion in India.

06May 26

Jindal Stainless: New Indonesia Melt Shop, FY27 Capacity Targets & Volume Growth Outlook

Jindal Stainless has set up a 1.2 million ton stainless steel melt shop in Indonesia, targeting 70-80% capacity utilisation by FY27 with output to be processed in India, while expecting rising demand from metro projects and the lift industry. The company reported 8% volume growth in Q4 FY26, in line with its FY27 guidance of 7-9%, and has outlined a 26 billion rupees capex plan for FY27 to support its FY29 sales volume target of approximately 3.5 million tons.

04May 26

Jindal Stainless Submits Security Cover Certificate for Quarter Ended 31st March 2026 Under SEBI Regulation 54

Jindal Stainless Limited submitted its Security Cover Certificate for the quarter ended 31st March 2026 to BSE and NSE on 4th May 2026, in compliance with SEBI Regulation 54. The certificate, issued by joint statutory auditor Lodha & Co LLP, covers the company's outstanding Listed, Rated, Redeemable NCDs of Rs. 99.00 crores (ISIN: INE220G07127), with accrued interest of Rs. 4.34 crores. The pari-passu book value cover ratio stands at 4.02, with total assets under pari-passu charge amounting to Rs. 10,378.56 crores against total liabilities of Rs. 2,579.73 crores. The company has confirmed compliance with all financial covenants under the Debenture Trust Deed with Catalyst Trusteeship Limited as at 31st March 2026.

02May 26

Jindal Stainless Grants 3,80,430 Stock Options Under ESOS 2023

Jindal Stainless Limited's Nomination and Remuneration Committee approved the grant of 3,80,430 stock options to eligible employees under the JSL – Employee Stock Option Scheme 2023 on May 1, 2026. The grant comprises 1,90,215 ESOPs priced at Rs. 383.70 and 1,90,215 RSUs priced at Rs. 2 per share. As of March 31, 2026, 8,31,560 options had vested, 5,15,236 were exercised, and 4,87,180 lapsed, with the JSL Employee Welfare Trust realizing ₹ 7,12,20,579.5.

28Apr 26

HSBC Initiates Buy Rating on Jindal Stainless with ₹800 Target Price

HSBC has initiated a Buy rating on Jindal Stainless with a target price of ₹800, driven by multi-year demand visibility from urbanisation and infrastructure growth. The brokerage expects demand growth to outpace capacity additions, while policy protection from imports and the company's strong balance sheet support earnings prospects.