| Scrip Code | 532508 |
|---|---|
| NSE Symbol | JSL |
| MSEI Symbol | NOTLISTED |
| ISIN | INE220G01021 |
| Name of company | Jindal Stainless Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 04-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 27-04-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Single segment |
| Description of single segment | Manufacturing of Stainless Steel and Stainless Steel Products |
| Start date and time of board meeting | 04-05-2026 12:00:00 |
| End date and time of board meeting | 04-05-2026 15:35:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 11,33,719.00 | 42,95,466.00 | |
| Other income | 9,072.00 | 35,148.00 | |
| Total income | 11,42,791.00 | 43,30,614.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 6,72,087.00 | 27,92,209.00 |
| (b) | Purchases of stock-in-trade | 5,414.00 | 32,844.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 79,027.00 | 26,045.00 |
| (d) | Employee benefit expense | 24,357.00 | 98,879.00 |
| (e) | Finance costs | 14,880.00 | 56,793.00 |
| (f) | Depreciation, depletion and amortisation expense | 27,766.00 | 1,06,030.00 |
| (f) | Other Expenses | ||
| 1 | stores and spares comsumed | 54,583.00 | 2,18,859.00 |
| 2 | power and fuel | 68,184.00 | 2,70,032.00 |
| 3 | other expenses | 84,583.00 | 3,00,555.00 |
| 4 | Share of profit (loss) of associates and joint ventures accounted for using equity method | (3,892.00) | (1,673.00) |
| Total other expenses | 2,03,458.00 | 7,87,773.00 | |
| Total expenses | 10,26,989.00 | 39,00,573.00 | |
| 3 | Total profit before exceptional items and tax | 1,15,802.00 | 4,30,041.00 |
| 4 | Exceptional items | (4,570.00) | (5,834.00) |
| 5 | Total profit before tax | 1,11,232.00 | 4,24,207.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 23,208.00 | 1,01,992.00 |
| 8 | Deferred tax | 4,603.00 | 3,758.00 |
| 9 | Total tax expenses | 27,811.00 | 1,05,750.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 83,421.00 | 3,18,457.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 83,421.00 | 3,18,457.00 |
| 17 | Other comprehensive income net of taxes | 8,594.00 | 10,200.00 |
| 18 | Total Comprehensive Income for the period | 92,015.00 | 3,28,657.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 84,356.00 | 3,19,345.00 | |
| Total profit or loss, attributable to non-controlling interests | (935.00) | (888.00) | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 92,961.00 | 3,29,556.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | (946.00) | (899.00) | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 16,479.00 | 16,479.00 | |
| Face value of equity share capital | 2 | 2 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 19,62,649.00 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 10.24 | 38.76 | |
| Diluted earnings (loss) per share from continuing operations | 10.22 | 38.7 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 10.24 | 38.76 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 10.22 | 38.7 | |
| 24 | Debt equity ratio | 0.3700 | 0.3700 |
| 25 | Debt service coverage ratio | 4.9600 | 4.3300 |
| 26 | Interest service coverage ratio | 10.3900 | 10.4100 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Deferred tax inclused tax for earlier years other equity has been shown under reserves revalution reserves |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 31-03-2026 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Assets | |||
| 1 | Non-current assets | ||
| Property, plant and equipment | 15,54,470.00 | ||
| Capital work-in-progress | 1,79,021.00 | ||
| Investment property | 1,105.00 | ||
| Goodwill | 1,24,738.00 | ||
| Other intangible assets | 71,802.00 | ||
| Intangible assets under development | 1,594.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Investments accounted for using equity method | 1,17,996.00 | ||
| Non-current financial assets | |||
| Non-current investments | 36,610.00 | ||
| Trade receivables, non-current | 0.00 | ||
| Loans, non-current | 19,516.00 | ||
| Other non-current financial assets | |||
| 1 | other financial assets | 1,16,403.00 | |
| Total of other non-current financial assets | 1,16,403.00 | ||
| Total non-current financial assets | 1,72,529.00 | ||
| Deferred tax assets (net) | 26,429.00 | ||
| Other non-current assets | |||
| 1 | other non current assets | 70,628.00 | |
| Total of other non-current assets | 70,628.00 | ||
| Total non-current assets | 23,20,312.00 | ||
| 2 | Current assets | ||
| Inventories | 9,50,752.00 | ||
| Current financial asset | |||
| Current investments | 112.00 | ||
| Trade receivables, current | 3,08,562.00 | ||
| Cash and cash equivalents | 41,512.00 | ||
| Bank balance other than cash and cash equivalents | 2,51,891.00 | ||
| Loans, current | 46,188.00 | ||
| Other current financial assets | |||
| Total of other current financial assets | 45,161.00 | ||
| Total current financial assets | 6,93,426.00 | ||
| Current tax assets (net) | |||
| Other current assets | |||
| 1 | Other current assets | 85,461.00 | |
| 2 | income tax assets | 1,612.00 | |
| Total of other current assets | 87,073.00 | ||
| Total current assets | 17,31,251.00 | ||
| 3 | Non-current assets classified as held for sale | 18,799.00 | |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 | |
| Total assets | 40,70,362.00 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 16,479.00 | ||
| Other equity | 19,62,649.00 | ||
| Total equity attributable to owners of parent | 19,79,128.00 | ||
| Non controlling interest | 9,089.00 | ||
| Total equity | 19,88,217.00 | ||
| 2 | Liabilities | ||
| Non-current liabilities | |||
| Non-current financial liabilities | |||
| Borrowings, non-current | 4,93,593.00 | ||
| Trade payables, non-current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | ||
| Total Trade payable | 0.00 | ||
| Other non-current financial liabilities | |||
| 1 | Other non-current financial liabilities | 9,613.00 | |
| Total of other non-current financial liabilities | 9,613.00 | ||
| Total non-current financial liabilities | 5,03,206.00 | ||
| Provisions, non-current | 11,433.00 | ||
| Deferred tax liabilities (net) | 1,35,571.00 | ||
| Deferred government grants, Non-current | 0.00 | ||
| Other non-current liabilities | |||
| 1 | Other non-current liabilities | 33,171.00 | |
| Total of other non-current liabilities | 33,171.00 | ||
| Total non-current liabilities | 6,83,381.00 | ||
| Current liabilities | |||
| Current financial liabilities | |||
| Borrowings, current | 2,40,566.00 | ||
| Trade payables, current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 17,908.00 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 8,08,679.00 | ||
| Total Trade payable | 8,26,587.00 | ||
| Other current financial liabilities | |||
| 1 | Other current financial liabilities | 2,88,018.00 | |
| Total of other current financial liabilities | 2,88,018.00 | ||
| Total current financial liabilities | 13,55,171.00 | ||
| Other current liabilities | 33,655.00 | ||
| 1 | Other current liabilities | 33,655.00 | |
| Total of other current liabilities | 33,655.00 | ||
| Provisions, current | 607.00 | ||
| Current tax liabilities (Net) | 2,942.00 | ||
| Deferred government grants, Current | 0.00 | ||
| Total current liabilities | 13,92,375.00 | ||
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 6,389.00 | |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0.00 | |
| Total liabilities | 20,82,145.00 | ||
| Total equity and liabilites | 40,70,362.00 | ||
| Disclosure of notes on assets and liabilities | Textual Information(1) | ||
| Textual Information(1) | other non current financial assets includes right of use assets other current and non current financial liabilities includes lease liability |
|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-01-2026 | 01-04-2025 | |||||
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to profit and loss | 4,714.00 | 4,714.00 |
| 2 | Income tax effect on above | (684.00) | (684.00) |
| Total Amount of items that will not be reclassified to profit and loss | 4,030.00 | 4,030.00 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items that will be reclassified to profit and loss | 4,562.00 | 6,168.00 |
| 2 | Share in other compresenvie income of associates | 2.00 | 2.00 |
| Total Amount of items that will be reclassified to profit and loss | 4,564.00 | 6,170.00 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 8,594.00 | 10,200.00 |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 31-03-2026 | ||||
| C | Whether results are audited or unaudited | Audited | ||||
| D | Nature of report standalone or consolidated | Consolidated | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 4,24,207.00 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 56,793.00 | |||||
| Adjustments for decrease (increase) in inventories | 20,066.00 | |||||
| Adjustments for decrease (increase) in trade receivables, current | (591.00) | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | (5,326.00) | |||||
| Adjustments for decrease (increase) in other non-current assets | (472.00) | |||||
| Adjustments for other financial assets, non-current | (465.00) | |||||
| Adjustments for other financial assets, current | (3,547.00) | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | (1,83,189.00) | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 5,922.00 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | (6,884.00) | |||||
| Adjustments for depreciation and amortisation expense | 1,06,030.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | (54.00) | |||||
| Adjustments for provisions, non-current | 4,369.00 | |||||
| Adjustments for other financial liabilities, current | 32,318.00 | |||||
| Adjustments for other financial liabilities, non-current | (2,073.00) | |||||
| Adjustments for unrealised foreign exchange losses gains | 8,715.00 | |||||
| Adjustments for dividend income | 2.00 | |||||
| Adjustments for interest income | 26,404.00 | |||||
| Adjustments for share-based payments | 4,669.00 | |||||
| Adjustments for fair value losses (gains) | (339.00) | |||||
| Adjustments for undistributed profits of associates | 1,673.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | 614.00 | |||||
| Other adjustments to reconcile profit (loss) | (1,740.00) | |||||
| Other adjustments for non-cash items | 6,203.00 | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 12,940.00 | |||||
| Net cash flows from (used in) operations | 4,37,147.00 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 97,648.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 3,39,499.00 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 10,859.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 1,846.00 | |||||
| Purchase of property, plant and equipment | 2,65,816.00 | |||||
| Proceeds from sales of investment property | 0.00 | |||||
| Purchase of investment property | 0.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 0.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 894.00 | |||||
| Cash advances and loans made to other parties | 0.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 2,187.00 | |||||
| Interest received | 27,473.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (1,04,499.00) | |||||
| Net cash flows from (used in) investing activities | (3,50,562.00) | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 3,163.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 422.00 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 1,66,123.00 | |||||
| Repayments of borrowings | 1,02,333.00 | |||||
| Payments of lease liabilities | 3,147.00 | |||||
| Dividends paid | 24,486.00 | |||||
| Interest paid | 50,965.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) financing activities | (11,223.00) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (22,286.00) | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 23.00 | |||||
| Net increase (decrease) in cash and cash equivalents | (22,263.00) | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 64,391.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 42,128.00 | |||||
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | Walker Chandiok & Co LLP (WCC LLP) | Yes | 31-05-2028 | ||
|---|---|---|---|---|---|
| 2 | M/s Lodha & Co LLP | Yes | 31-03-2027 | ||