JINDALSTELBSEJINDAL STEEL LIMITEDMediumNeutral
Announced Fri, 24 Jul · 19:41 IST

Jindal Steel Q1FY27: revenue up YoY, PAT falls; spreads and value-add mix improve

Cfo Debt Reduction RoadmapMgmt Guided Margin ImprovementInvestor Communications View source PDF

JINDALSTEL · price

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Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹1036.50
prior close
₹1055.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-1.2-0.6+0.2+1.6
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AI summary

Jindal Steel Q1FY27 gross revenue INR 17,834 cr versus INR 14,336 cr YoY. PAT fell to INR 844 cr from INR 1,496 cr; adjusted EBITDA INR 2,667 cr versus INR 2,984 cr. Steel sales 2.23 MT, value-add share up to 66% from 61%. Net debt/EBITDA at 1.71x with liquidity of INR 6,080 cr. CARE upgraded long-term rating to AA+. Annual capex guidance INR 7,500-10,000 cr with project ROCE target of 18-20% and leverage target below 1.5x through the cycle.

Likely market impact

Mixed quarter: top line grew YoY but profit fell on higher input and finance costs. Positive signals from improving spreads, higher value-add mix, and AA+ rating upgrade.