JINDALSTELNSEJINDAL STEEL LIMITED· Steel And Steel ProductsMediumNeutral
Announced Tue, 12 Aug · 19:28 IST

Jindal Steel & Power Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin ImprovementCfo Debt Reduction RoadmapInvestor Communications View source PDF

JINDALSTEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jindal Steel filed its Q1FY26 (quarter ended June 30, 2025) earnings presentation. Profit after tax rose to ₹1,496 crore, up sharply from an adjusted ₹1,099 crore in Q4FY25, while adjusted EBITDA grew 20% sequentially to ₹2,984 crore. EBITDA per ton jumped to ₹15,680 from ₹11,651 in the previous quarter, supported by higher steel prices and lower coking coal costs. Revenue stood at ₹14,336 crore, and the company hit a record 72% share of value-added sales. New facilities at Angul (Continuous Galvanizing Line, 1,710 TPD oxygen plant) were commissioned, and the Roida-I iron ore mine was won. Steel sales volumes, however, were soft at 1.90 MT, down 10% QoQ due to inventory restocking after Q4FY25 destocking and an early monsoon. Net debt rose to ₹14,400 crore, taking the net debt/EBITDA ratio to 1.49x, still within the company's self-imposed 1.5x ceiling.

Likely market impact

Sharp sequential margin expansion and record value-added sales mix are positives for the stock, but rising debt and weak volumes in a seasonally soft quarter cap near-term excitement. The Angul expansion remains on track and is the key driver of the long-term growth story.