Jindal Steel Q1FY27 results, new MD, auditor change

Going ConcernEmphasis Of MatterRevenue Growth 20pctRevenue DeclineExceptional ItemResults View source PDF Explain this filing

JINDALSTEL · price

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

Price reactionminutes from the announcement price · days from the prior close

+2.8%Reaction day

₹1036.50

prior close

₹1055.00

announcement price

After-mkt

timing

Nifty 100market+1.0%+1.8% vs market

Iron & Steel peers, median of 10sector+1.1%+1.8% vs sector

On the reaction day the stock moved 1.8 pts more than Nifty 100 and 1.8 pts more than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-1.2

15m

-0.6

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.8+1.0+1.8+1.1+1.8

Next day

+1.6+0.8+0.8+1.4+0.2

+5.2+1.9+3.3+3.1+2.1

+5.6+2.1+3.5+2.5+3.0

+6.3+2.6+3.7+3.5+2.8

+6.6+4.2+2.4+3.3+3.3

+7.5+3.6+3.9+6.4+1.1

15d

+7.7+2.5+5.2+3.7+4.0

+12.7+1.8+10.9+4.3+8.3

+9.9-3.8+13.7+1.3+8.7

+2.3-4.6+6.9-7.7+9.9

UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Jindal Steel Q1FY27: Revenue Rs 17,834 Cr (up 24% YoY, down 8% QoQ). EBITDA Rs 2,667 Cr, PAT Rs 844 Cr. Steel sales 2.23 MT, down 15% QoQ on planned maintenance. Net debt Rs 15,927 Cr. Board appointed Vidya Rattan Sharma as MD (2 years), Sandeep Modi as CFO, S S Kothari Mehta as new statutory auditor. Auditors flagged going concern for Mauritius subsidiary JSML with Rs 3,016 Cr accumulated losses.

Likely market impact

Stable margins despite QoQ volume dip from maintenance. Leadership overhaul and auditor rotation noted; Mauritius subsidiary concern remains a watch item.