JINDALSTELBSEJINDAL STEEL LIMITED· Ferrous MetalsHighNeutral
Announced Fri, 23 Oct, 2026 · 15:22 IST

Q2 FY27 revenue hits record high; EBITDA rises 34%

Going ConcernRevenue Growth 20pctEbitda Margin CompressionResults View source PDFExplain 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
-2.0%Reaction day
₹1037.00
prior close
₹1014.00
announcement price
In-mkt
timing
Nifty 100market-0.7%-1.3% vs market
Iron & Steel peers, median of 10sector-3.2%+1.2% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty 100 and 1.2 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
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Sessions after the filingfrom the prior close
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Reaction day
-2.0-0.7-1.3-3.2+1.2
Next day
+0.3-0.0+0.3-2.3+2.6
2d
+2.2+0.2+2.0-0.4+2.6
3d
+1.7+0.0+1.7-2.6+4.3
4d
+2.2+1.1+1.1-1.8+4.0
5d
+2.3pendingpending-3.9+6.2
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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's Q2 FY27 consolidated gross revenue rose 44% year on year to a record Rs 19,448 crore. Adjusted EBITDA rose 34% to Rs 2,504 crore and profit after tax rose 21% to Rs 771 crore. Steel sales rose 27% to 2.38 million tonnes. Net debt fell to Rs 14,786 crore. The review was unmodified, but Mauritius subsidiary JSML had negative net worth of Rs 1,504 crore and depends on parent support.

Likely market impact

Record sales and lower net debt are positive, but profit grew more slowly than revenue, EBITDA margin narrowed and support for JSML adds risk.