Jindal Stainless Ltd

Awards and HR transformation

• Gold Award in HR Operations and Silver Award in Digital Adoption & Change Leadership.
• HR transformation implemented across 17 entities serving over 12,700 employees.
• Digital recruitment processed more than 11,000 candidates.
• Employee satisfaction rose from 45% to 87%.
• eNPS improved to 64.
• AI-enabled HR assistant resolves over 95% of routine queries.
• 100% of leave and attendance management via self-service.
• HR helpdesk tickets reduced by 91% monthly.
• Transformation supports a workforce of 12,700 across 17 entities.

Meeting Details

• Date: August 18, 2026; time not disclosed.
• Event: Motilal Oswal 22nd Annual Global Investor Conference, in Mumbai.
• Type/Mode: Group, physical investor meeting.
• Organizer: Motilal Oswal.
• Participants: Company management to attend.
• Purpose: Investor meet and investor interaction.
• Schedule may change due to exigencies.

Key FY26 highlights

• FY26 revenue stood at ₹42,955 crore.
• EBITDA rose to ₹5,560 crore, up 19.2% YoY.
• PAT increased to ₹3,185 crore, up 27.4% YoY.
• Finished goods sales volume reached 2.57 million tonnes in FY26.
• Net debt-to-equity ratio was 0.15x at FY26.
• Commissioned 1.2 MTPA melt shop in Indonesia; total melting capacity 4.2 MTPA.
• 6 MW solar-wind hybrid project commissioned.
• Renewables accounted for 47% of electricity consumption.
• About 70% recycled scrap utilisation in EAF manufacturing.
• Scope 1 and 2 emissions target: 50% reduction by 2035.
• Net Zero target by 2050.
• Secured first commercial aerospace order for India's Small Satellite Launch Vehicle.

Meeting Details

• Date: August 4, 2026; mode: virtual group earnings conference call.
• Organizer: Anand Rathi Shares and Stock Brokers Limited.
• Event: Q1 FY27 Earnings Conference Call.
• Recording: session was recorded.
• Transcript and earnings presentation were uploaded to the company's website and stock exchanges.

Participants

• Company management roles: MD, CEO, CFO, AVP Finance, Head of Investor Relations, IR team.
• Moderator: Parthiv Jhonsa from Anand Rathi.
• Event organizer: Anand Rathi Shares and Stock Brokers Limited.

Purpose

• Purpose: discuss Q1 FY27 earnings, highlights, and strategy; investor Q&A.
• Discussion on quarterly results and key business updates.

AGM, AR access and KYC/demat updates

• 46th AGM scheduled Sept 2, 2026 at 12:00 IST via VC/OAVM.
• Notice of AGM and Integrated Annual Report for FY2025-26 sent by email to registered shareholders.
• Web-link and exact path provided for unregistered holders to access Integrated Annual Report.
• KYC updates required under SEBI Circulars; PAN, contact, and bank details must be updated.
• Special window Feb 5, 2026 to Feb 4, 2027 for transfer/demat of pre-2019 physical securities.
• RTA MUFG Intime India Private Limited is the contact for queries.

Overview

• Standalone BRSR for Jindal Stainless Ltd; stainless steel manufacturing; reporting boundary: standalone.

Key ESG Risks & Opportunities

• Energy-intensive; Net Zero by 2050; 50% intensity reduction by 2035; 30 MWp solar at Jajpur.
• Water-stressed Hisar; risk of disruptions; mitigate via water stewardship and wastewater reuse.
• Circular Economy & Waste Management: Opportunity; 70.12% recycled content; internal scrap reuse; potential cost savings.
• Biodiversity: Biodiversity risk; managed via plans; potential regulatory costs.
• Scrap Availability: Scrap reliance risk; rising global scrap prices and supply volatility could raise costs.
• Human Capital Management: Talent competition; invest in training and inclusive policies; improve ESG ratings.
• Occupational Health & Safety: OHS risk; No Harm philosophy; strong safety systems.
• Community Engagement & Development: Community engagement yields CSR benefits; 1.19 lakh beneficiaries.
• Other Notable Metrics: 100% training coverage; 69.72% value-chain partner awareness; 70.12% recycled content in inputs.

Governance & Policy Highlights

• Governing ESG through Board-level ESG Committee, CSR Committee, and Risk Management Committee.
• Policies include ABAC, Whistleblower, Human Rights, Diversity & Inclusion, Climate Change, Responsible Sourcing.
• Independent assurance by SGS India on BRSR using ISAE 3000 standards.
• No penalties or fines disclosed for FY2026.
• LEED certifications and Zero-Waste-to-Landfill achievements; NABL labs; ISO certifications.

Social Responsibility & Workforce

• Total employees 6,953; total workers 13,200; female representation 5.05% and 4.61% respectively.
• Board female representation 25% across Directors; 0% for Key Management Personnel.
• LTIFR: employees 0; workers 0.15; injuries: employees 3; workers 11; fatalities: 0 employees, 1 worker.
• Well-being: 0.13% of revenue spent on wellbeing; 100% health coverage; no discrimination.
• eNPS 64; target 8% women representation by 2030; no human rights violations.
• CSR beneficiaries: 119,406; supplier training 69.72% by value.

Environmental Performance

• Total energy consumption in tens of millions of GJ; renewable share around 6-7%.
• GHG emissions: Scope 1 3,074,950; Scope 2 474,893 tCO2e; intensity 83.17 tCO2e/Cr INR.
• Water: withdrawal 149,28,397 kl; consumption 131,39,796 kl; zero discharge; ZLD.
• Waste: total 1,904,178 t; 70.12% recycled; LEED Platinum (Gurgaon) and Gold (Jajpur clubhouse); ZLD.
• PAT: Designated Consumers at Hisar and Jajpur exceeded energy targets.
• LCA/EPD: cradle-to-gate assessments for 12 products; 4 EPDs.

Stakeholder Engagement & Complaints

• Seven stakeholder groups identified; continuous engagement through surveys, meetings, and investor interactions.
• Double Materiality assessment FY25 informed topic prioritization; inputs from employees, customers, suppliers, communities.
• Customer complaints: 1,584 filed; 229 pending; resolved within stipulated timeframe.
• Communities: 28 complaints; 3 pending; CSR engagement to address local needs.
• Investors & Shareholders: 71 complaints FY2025; 6 pending; governance channels active.
• Value chain partners: 69.72% of partners trained; Stakeholder Grievance Policy in place.

Other Notable Metrics

• 100% MSDS disclosure; zero data breaches; robust cybersecurity framework with ISO 27001.
• Independent assurance: SGS on BRSR; 13 trade associations affiliations.
• Lifecycle data: LCA for 12 products; 4 EPDs; cradle-to-gate.
• Green credits: Nil; 8 LEED certifications including major facilities.
• 100% inputs sourced sustainably; 70.12% recycled content in inputs.

AGM Details

• AGM on 2 Sep 2026 at 12:00 IST; mode: VC/OAVM.
• Record date: 21 Aug 2026.
• E-voting window: 29 Aug to 1 Sep 2026.
• Deemed venue: Registered office.

Key Resolutions

• Ordinary: standalone financial statements adoption for year ended 31 March 2026.
• Ordinary: consolidated financial statements adoption for year ended 31 March 2026.
• Final dividend of Rs 3 per share; interim Rs 1; total Rs 4 per share.
• Ordinary: re-appointment of chairman as director retiring by rotation.
• Special: ratify remuneration of Ramanath Iyer & Co as Cost Auditors for 2026-27, Rs 4.75 lakh.

Material Related Party Transactions

• No material related-party transactions other than those with wholly owned subsidiaries.

Record Date and Dividend Details

• Type: Equity shares; Record Date: 21 August 2026 (close of business hours).
• Purpose: eligibility for final dividend of ₹3 per equity share for FY2025-26 (if declared).
• Dividend payment: within 30 days of AGM, subject to tax deduction at source.
• Entitlement: Beneficial Owners on record date for electronic shares; Members in Register for physical shares.
• AGM condition: dividend to be declared by shareholders at the AGM.

Meeting Details

• JSL Non-Deal Road Show — group, physical — Aug 11, 2026 — Hong Kong.
• Nuvama India Conference 2026 — group, physical — Aug 12, 2026 — Singapore.
• Avendus Spark INDX - Asia Edition 2026 — group, physical — Aug 13, 2026 — Singapore.

Participants

• Company management to participate in the investor meets.

Purpose

• Investor meet schedule and investor engagement.

Additional Notes

• Schedule may change due to exigencies on part of investor or company.

Awards at TQM Convention 2026

• Team Manganese (Steel Melt Shop AOD) won Gold for Optimisation of Manganese Recovery in 200 Series.
• Team Alpha (Hot Strip Mill) won Gold for Reduction of RIS Defect in 300 Series.
• Team Comet (Central Quality) won Silver for Reduction of Trapezoidity in Grades 304 & EN 1.4307.

Quality culture and operations

• 270 Quality Circle teams across Jajpur unit drive bottom-up improvements.
• Over 2,000 employees participate in QC initiatives.
• Integrated Management System aligns quality, environmental and safety objectives.
• Digital IMS platforms enable real-time monitoring and enhanced audit readiness.

Company metrics

• FY26 turnover reported at INR 42,955 crore (USD 4.86 billion).
• Annual melt capacity 4.2 million tonnes.
• 16 stainless steel facilities in India and abroad; footprint in 12 countries.