Jindal Stainless Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Revenue	418,158	393,122	385,625	356,970	327,327	121,885	Upgrade
Revenue Growth (YoY)	8.42%	1.94%	8.03%	9.06%	168.55%	-5.89%	Upgrade
Cost of Revenue	285,997	270,469	268,618	245,789	214,332	78,566	Upgrade
Gross Profit	132,161	122,653	117,007	111,181	112,994	43,319	Upgrade
Selling, General & Admin	10,072	8,912	6,730	5,899	5,721	1,982	Upgrade
Other Operating Expenses	71,968	68,618	65,170	70,129	53,762	27,094	Upgrade
Operating Expenses	92,279	87,091	80,688	83,265	67,074	33,106	Upgrade
Operating Income	39,882	35,561	36,320	27,916	45,921	10,214	Upgrade
Interest Expense	-4,941	-5,368	-4,765	-2,685	-2,920	-4,125	Upgrade
Interest & Investment Income	2,302	2,302	1,164	496.5	270.5	213.9	Upgrade
Earnings From Equity Investments	-501.7	-437	531.3	1,100	1,007	52.1	Upgrade
Currency Exchange Gain (Loss)	1,544	1,544	1,935	707.5	-2,607	-	Upgrade
Other Non Operating Income (Expenses)	312.3	-326.3	-556.2	63.9	-294.6	-554.8	Upgrade
EBT Excluding Unusual Items	38,598	33,276	34,629	27,598	41,377	5,800	Upgrade
Gain (Loss) on Sale of Investments	48.5	48.5	78.2	19	5.1	-	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-	3.5	Upgrade
Other Unusual Items	-197	-70.6	991.5	-	-	1,024	Upgrade
Pretax Income	38,585	33,390	35,925	27,740	41,590	6,897	Upgrade
Income Tax Expense	9,182	8,392	8,990	6,901	10,497	2,702	Upgrade
Earnings From Continuing Operations	29,403	24,997	26,935	20,838	31,094	4,195	Upgrade
Minority Interest in Earnings	5.6	54.8	197.3	306.7	-305.7	-2.3	Upgrade
Net Income	29,409	25,052	27,132	21,145	30,788	4,192	Upgrade
Net Income to Common	29,409	25,052	27,132	21,145	30,788	4,192	Upgrade
Net Income Growth	21.78%	-7.67%	28.31%	-31.32%	634.40%	487.81%	Upgrade
Shares Outstanding (Basic)	824	823	823	823	796	487	Upgrade
Shares Outstanding (Diluted)	825	824	824	823	815	495	Upgrade
Shares Change (YoY)	0.06%	0.02%	0.04%	1.04%	64.78%	2.28%	Upgrade
EPS (Basic)	35.70	30.42	32.95	25.68	38.70	8.60	Upgrade
EPS (Diluted)	35.66	30.41	32.94	25.68	37.78	8.48	Upgrade
EPS Growth	21.71%	-7.68%	28.28%	-32.03%	345.52%	474.90%	Upgrade
Free Cash Flow	-	28,329	33,432	14,399	669.8	11,400	Upgrade
Free Cash Flow Per Share	-	34.38	40.59	17.49	0.82	23.05	Upgrade
Dividend Per Share	3.000	3.000	3.000	1.500	-	-	Upgrade
Dividend Growth	-25.00%	-	100.00%	-	-	-	Upgrade
Gross Margin	31.61%	31.20%	30.34%	31.15%	34.52%	35.54%	Upgrade
Operating Margin	9.54%	9.05%	9.42%	7.82%	14.03%	8.38%	Upgrade
Profit Margin	7.03%	6.37%	7.04%	5.92%	9.41%	3.44%	Upgrade
Free Cash Flow Margin	-	7.21%	8.67%	4.03%	0.21%	9.35%	Upgrade
EBITDA	49,575	44,670	44,648	34,752	53,106	13,996	Upgrade
EBITDA Margin	11.86%	11.36%	11.58%	9.74%	16.22%	11.48%	Upgrade
D&A For EBITDA	9,693	9,108	8,329	6,836	7,185	3,783	Upgrade
EBIT	39,882	35,561	36,320	27,916	45,921	10,214	Upgrade
EBIT Margin	9.54%	9.05%	9.42%	7.82%	14.03%	8.38%	Upgrade
Effective Tax Rate	23.80%	25.14%	25.02%	24.88%	25.24%	39.18%	Upgrade
Revenue as Reported	421,705	396,031	387,316	358,233	328,033	122,294	Upgrade
Advertising Expenses	-	165.4	103.4	349.6	64.4	1	Upgrade

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.