Jindal Stainless Ltd

Jindal Stainless: ₹42,955 Cr Revenue, 17% CAGR & Net Zero Roadmap 📈

- Revenue: INR 42,955 cr (FY26); Q1FY27: INR 21,670 cr (17% CAGR)

- Acquired 74% stake in JUSL for INR 958 cr cash consideration

- Added wire rod & re-bars capacity via Rathi Super Steel (0.16 mn tons)

- Added pipe & tubes capacity via Rabirun Vinimay (50 KTPA)

- Secured 49% stake in NPI smelter & 49% JV in 1.2 MTPA SMS facility in Indonesia

- Signed MoUs for ~1 GW wind-solar hybrid renewable project

- Targets net zero carbon emissions by 2050

- Targets 50% reduction in emission intensity by FY 2035 vs FY 22 levels

- Target dividend payout up to 20% of PAT, net debt/EBITDA <1.5x

- Annual melt capacity: 4.2 MTPA (3 MTPA in India)