Jindal Stainless Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 03, 2025
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Jindal Stainless Limited has filed its first-ever Integrated Annual Report for FY 2024-25 along with the notice for its 45th Annual General Meeting, scheduled for September 3, 2025 at 12 noon via video conferencing. For FY25, the company reported consolidated net revenue of INR 39,312 crore (up 2% YoY), EBITDA of INR 4,667 crore, and profit after tax of INR 2,500 crore, with standalone sales volumes rising 9% to 23.73 lakh tonnes. The board announced a total dividend payout of 150% (INR 3 per share on face value of INR 2), while net debt-to-EBITDA stayed comfortable at 0.9x and debt-to-equity around 0.2x despite a capex-heavy year. Key strategic moves included full acquisition of Chromeni Steels in Mundra, commissioning a Nickel Pig Iron smelter in Indonesia, plans for a 1.2 MTPA melt shop in Indonesia, and an MoU with Maharashtra for a new stainless steel facility expected to create over 15,000 jobs.
Shareholders should note the 150% dividend payout, steady profit growth, and strong balance sheet, signalling financial discipline. The AGM and annual report filing is largely procedural but highlights ambitious capacity expansion, international raw material security, and sustainability targets, all of which could support long-term shareholder value.