Integrated Filing — IndAS

General information about company
Scrip Code	532508
NSE Symbol	JSL
MSEI Symbol	NA
ISIN	INE220G01021
Name of company	JINDAL STAINLESS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	08-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	01-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
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	08-May-2025   12:00:00
End date and time of board meeting	08-May-2025   16:30:00
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
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-01-29
Indicate Company website link for updated RPT policy of the Company	https://www.jindalstainless.com/wp-content/uploads/2023/01/Related-Party-Policy-7.02.2022.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
No default has been made by the Company

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	107855300000	401816800000
	Other income	3594200000	6391800000
	Total income	111449500000	408208600000
2	Expenses
(a)	Cost of materials consumed	73752200000	277534600000
(b)	Purchases of stock-in-trade	591700000	3276300000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	1389000000	-5173900000
(d)	Employee benefit expense	1943400000	7279000000
(e)	Finance costs	1090600000	4417900000
(f)	Depreciation, depletion and amortisation expense	1858100000	7349600000
(f)	Other Expenses
1	STORES AND SPARES CONSUMED	4435300000	18303900000
2	POWER AND FUEL	6184300000	22756100000
3	Other Expenses	10654600000	38788800000
	Total other expenses	21274200000	79848800000
	Total expenses	101899200000	374532300000
3	Total profit before exceptional items and tax	9550300000	33676300000
4	Exceptional items	1515500000	1515500000
5	Total profit before tax	11065800000	35191800000
6	Tax expense
7	Current tax	1650400000	7890300000
8	Deferred tax	166000000	189600000
9	Total tax expenses	1816400000	8079900000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	9249400000	27111900000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	9249400000	27111900000
17	Other comprehensive income net of taxes	-110800000	-110800000
18	Total Comprehensive Income for the period	9138600000	27001100000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	1647300000	1647300000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		160321500000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	11.23	32.92
	Diluted earnings (loss) per share from continuing operations	11.23	32.91
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	11.23	32.92
	Diluted earnings (loss) per share from continuing and discontinued operations	11.23	32.91
24	Debt equity ratio	0.0027	0.0027
25	Debt service coverage ratio	0.0265	0.0352
26	Interest service coverage ratio	0.1146	0.1029
27	Disclosure of notes on financial results		OTHER EQUITY HAS BEEN SHOWN UNDER RESERVE EXCLUDING REVALUATION RESERVES

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	82975500000
	Capital work-in-progress	16086400000
	Investment property	0
	Goodwill	899500000
	Other intangible assets	11005000000
	Intangible assets under development	125500000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	33741000000
	Trade receivables, non-current	0
	Loans, non-current	27792000000
	Other non-current financial assets	2483900000
	Total non-current financial assets	64016900000
	Deferred tax assets (net)	0
	Other non-current assets	3634700000
	Total non-current assets	178743500000
2	Current assets
	Inventories	85128000000
	Current financial asset
	Current investments	556900000
	Trade receivables, current	38664800000
	Cash and cash equivalents	5144200000
	Bank balance other than cash and cash equivalents	13424900000
	Loans, current	213700000
	Other current financial assets	2662400000
	Total current financial assets	60666900000
	Current tax assets (net)	0
	Other current assets	5558300000
	Total current assets	151353200000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	330096700000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1647300000
	Other equity	160321500000
	Total equity attributable to owners of parent	161968800000
	Non controlling interest
	Total equity	161968800000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	27641400000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	1011100000
	Total non-current financial liabilities	28652500000
	Provisions, non-current	584100000
	Deferred tax liabilities (net)	9765600000
	Deferred government grants, Non-current	0
	Other non-current liabilities	4005500000
	Total non-current liabilities	43007700000
	Current liabilities
	Current financial liabilities
	Borrowings, current	15895800000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	1922200000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	89531600000
	Total Trade payable	91453800000
	Other current financial liabilities	14834800000
	Total current financial liabilities	122184400000
	Other current liabilities	2411400000
	Provisions, current	36000000
	Current tax liabilities (Net)	488400000
	Deferred government grants, Current	0
	Total current liabilities	125120200000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	168127900000
	Total equity and liabilites	330096700000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block
Textual Information(1)	other intangible assests includes Right of use assests of 469.75 crores nother non current financial liability includes lease liabilities of 81.69 crores nother current financial liability includes lease liability of 8.71 crore nincome tax liability (net) of 48.84 crore has been shown under current tax liability net

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
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

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remasurement gain / loss on defined benefit plan	-148100000	-148100000
	Total Amount of items that will not be reclassified to profit and loss	-148100000	-148100000
2	Income tax relating to items that will not be reclassified to profit or loss	-37300000	-37300000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-110800000	-110800000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			35191800000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			4417900000
	Adjustments for decrease (increase) in inventories			-10725200000
	Adjustments for decrease (increase) in trade receivables, current			-8629000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			1676200000
	Adjustments for decrease (increase) in other non-current assets			-57700000
	Adjustments for other financial assets, non-current			-434900000
	Adjustments for other financial assets, current			1028500000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			23057400000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			574800000
	Adjustments for increase (decrease) in other non-current liabilities			-289000000
	Adjustments for depreciation and amortisation expense			7349600000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			6000000
	Adjustments for provisions, non-current			2700000
	Adjustments for other financial liabilities, current			2005000000
	Adjustments for other financial liabilities, non-current			20700000
	Adjustments for unrealised foreign exchange losses gains			-375900000
	Adjustments for dividend income			2450800000
	Adjustments for interest income			3448200000
	Adjustments for share-based payments			350600000
	Adjustments for fair value losses (gains)			-64000000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-1579600000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-76400000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			12358700000
	Net cash flows from (used in) operations			47550500000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			5255600000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			42294900000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			1584000000
	Cash flows used in obtaining control of subsidiaries or other businesses			7273800000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			77800000
	Purchase of property, plant and equipment			16006700000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			1025500000
	Cash advances and loans made to other parties			31111800000
	Cash receipts from repayment of advances and loans made to other parties			10708400000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			2450800000
	Interest received			1581600000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-6038000000
	Net cash flows from (used in) investing activities	-45053200000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			29000000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			9248800000
	Repayments of borrowings			6378200000
	Payments of lease liabilities			162300000
	Dividends paid			2448600000
	Interest paid			4277000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			2470000000
	Net cash flows from (used in) financing activities			-1518300000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-4276600000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-4276600000
	Cash and cash equivalents cash flow statement at beginning of period			9420800000
	Cash and cash equivalents cash flow statement at end of period			5144200000