Outcome of Board Meeting.
JSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Midcap 150 and 0.7 pts less than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Jindal Stainless reported FY26 standalone revenue of Rs 42,680 crore, up 6.2% from Rs 40,182 crore in FY25. Profit after tax grew 4.9% to Rs 2,843 crore from Rs 2,711 crore. EBITDA margin expanded to 10.13% from 9.72% year-on-year, though net profit margin slightly compressed to 6.66% from 6.75%. The Board recommended a final dividend of Rs 3 per share, taking total FY26 dividend to Rs 4 per share (including Rs 1 interim). Exceptional items of Rs 156.89 crore include Rs 91.17 crore gain on share buyback and Rs 34.28 crore impact from new labour codes. Joint statutory auditors gave un-modified clean opinions.
Positive signals include margin expansion and consistent profit growth. Clean audit with no going concern issues supports financial stability. The dividend increase and buyback activity indicate strong cash generation. The labour code impact is one-time and non-recurring in nature.