Abhyuday Jindal | Business Upturn

Jindal Stainless Hisar unit earns ‘Zero Waste to Landfill’ certification with Platinum+ rating

Arunika Jain — Mon, 11 May 2026 08:44:06 +0000

Jindal Stainless’ Hisar plant has achieved the prestigious ‘Zero Waste to Landfill’ (ZWTL) certification with a Platinum+ rating, underscoring its commitment to sustainable manufacturing. The certification, verified by Bureau Veritas India Pvt. Ltd, highlights the plant’s effective waste management and its efforts to minimise landfill disposal.

During the fiscal year 2024-25, the Hisar facility reported an impressive waste diversion rate of 99.99%, ensuring nearly all waste was recycled, reused, or recovered. This achievement aligns with circular economy principles and reflects the unit’s dedication to responsible industrial operations.

Abhyuday Jindal, Managing Director of Jindal Stainless, emphasised the company’s focus on responsible manufacturing, stating that the certification reflects their long-term commitment to combining operational excellence with environmental responsibility. Vijay Bindlish, Unit Head of Hisar, noted that the 99.99% waste diversion rate is a significant milestone, encouraging further advancements in environmentally conscious practices.

The ZWTL certification is a globally recognised benchmark evaluating an organisation’s ability to eliminate landfill disposal through reduction, reuse, recycling, and recovery initiatives. The Platinum+ rating is the highest level of performance, reserved for organisations achieving near-total waste diversion.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Jindal Stainless reports Rs 42,955 crore net revenue for FY26 with 9.3% growth

Yash Agarwal — Mon, 04 May 2026 10:25:15 +0000

Jindal Stainless Limited (JSL) has announced its financial results for the quarter and financial year ended March 31, 2026, showcasing significant growth across various performance metrics. The company reported a consolidated net revenue of ₹42,955 crore for FY26, marking a year-on-year (Y-o-Y) increase of 9.3%. The EBITDA for the same period rose by 19.2% to ₹5,560 crore, while the profit after tax (PAT) surged by 27.4% to ₹3,185 crore.

In terms of standalone performance, Jindal Stainless achieved a finished goods sales volume of 25,65,902 tonnes, reflecting an 8.1% Y-o-Y growth. The standalone net revenue stood at ₹42,680 crore, up by 6.2% Y-o-Y, with an EBITDA of ₹4,322 crore, showing a 10.7% increase. The PAT for the standalone entity was ₹2,843 crore, up by 4.9% compared to the previous year.

For the fourth quarter of FY26, JSL’s standalone finished goods sales volume was 6,41,743 tonnes. The consolidated net revenue for the quarter was ₹11,337 crore, with an EBITDA of ₹1,455 crore, which represents a 37.1% Y-o-Y increase. The PAT for Q4FY26 was ₹834 crore, up by 41.4% Y-o-Y.

The Board of Directors has recommended a final dividend of ₹3 per share for FY26, subject to shareholder approval, bringing the total dividend to ₹4 per share, or 200% per equity share with a face value of ₹2 each. The company’s consolidated net debt-to-equity ratio improved to 0.15 from 0.24 in the previous year.

Jindal Stainless has also made strides in various strategic initiatives, including the commissioning of a 1.2 million tonnes per annum stainless steel melt shop in Indonesia, and the retail debut of ‘Jindal Infinity’ stainless steel rebars in Amritsar. The company has expanded its marketing efforts by partnering with Indian Railways and onboarding actor Ranveer Singh as a brand ambassador.

On the sustainability front, Jindal Stainless announced the partial commissioning of a 315.6 MW solar-wind hybrid power project, increasing the share of renewable power used across its facilities. The Hisar unit achieved Zero Waste to Landfill certification with a Platinum+ rating.

Managing Director Abhyuday Jindal commented on the company’s performance, highlighting the robust domestic demand and strategic execution that have driven growth. He emphasised the company’s focus on capacity enhancement and downstream expansion to achieve a sales volume of approximately 3.5 MTPA by FY29.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Jindal Stainless unveils brand campaign with Ranveer Singh to promote authenticity

Kinjal — Thu, 23 Apr 2026 02:59:56 +0000

Jindal Stainless has launched its inaugural brand campaign ‘Jindal Saathi Seal Hai, Toh Asli Stainless Steel Hai’ featuring Bollywood actor Ranveer Singh. The campaign aims to transition the company from a B2B focus to a more consumer-centric approach, highlighting the Jindal Saathi Seal as a mark of authenticity for stainless steel products.

The campaign introduces a high-energy musical anthem composed by Amit Trivedi, aiming to make the brand message both engaging and memorable. The campaign film, centred around the Pipes & Tubes category, underscores the importance of authenticity in stainless steel products, which are widely used in sectors such as infrastructure and construction.

The Jindal Saathi Seal, a co-branding initiative, assures consumers of the authenticity and quality of products. It features a distinctive seal with the logos of Jindal Stainless and its authorised partners, ensuring that only genuine products reach consumers.

The brand film showcases Ranveer Singh in a dynamic stainless steel world, with choreography symbolising the Jindal Saathi Seal network, which includes fabricators and partners. The film emphasises stainless steel’s role in everyday life and concludes with Singh delivering the campaign’s core message.

Managing Director Abhyuday Jindal commented on the campaign, stating that it addresses the challenge of counterfeit products in the market by promoting transparency and trust. Director of Corporate Affairs and Marketing, Vijay Sharma, added that the initiative empowers consumers to make informed decisions by introducing a credible marker of quality.

The campaign will be rolled out in phases across various media platforms, including social, digital, OOH, and print, to maximise reach and engagement.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Jindal Stainless launches ‘Jindal Infinity’ rebars in Punjab with retail debut

Business Desk — Sat, 18 Apr 2026 10:07:11 +0000

Jindal Stainless, India’s leading stainless-steel manufacturer, has announced the retail debut of its stainless steel rebars, ‘Jindal Infinity’, with a launch in Punjab, marking a strategic step towards bringing advanced construction solutions closer to end consumers.

The product was unveiled in Amritsar through a two-day event hosted by Jindal Stainless, bringing together contractors, architects, and structural engineers, key stakeholders who play a critical role in material selection at the ground level. The interactions focused on driving material awareness, enhancing product understanding, and showcasing end-use applications. The product rollout is supported by an initial retail and distribution network of approximately 20 partners across Punjab.

Commenting on the development, Managing Director, Jindal Stainless, Mr Abhyuday Jindal, said, “As India continues to build at scale, the focus must shift beyond speed and upfront cost towards materials that deliver long-term performance, safety, and lifecycle value. Our entry into the retail segment with Jindal Infinity marks a strategic extension of our capabilities into the construction value chain. Stainless steel rebars have proven their relevance globally in demanding environments, and through this endeavour, we aim to bring these advanced solutions closer to Indian consumer. This is aligned with our larger vision of supporting a quality-first, safer, and more resilient environment.”

‘Jindal Infinity’ stainless steel rebars have proven their mettle in critical infrastructure applications such as coastal developments, metros, and real estate. Compared to conventional rebars, stainless steel rebars offer significantly higher resistance to corrosion, including a higher critical chloride threshold, which enhances durability in aggressive environments. They are engineered to deliver high load-bearing capacity, improved tensile strength, and superior seismic performance due to a higher tension-to-yield strength ratio, enabling better energy absorption under stress. Additionally, their inherent fire resistance at elevated temperatures and reduced concrete cover requirements contribute to enhanced structural safety and design efficiency. With a service life that can exceed twice that of conventional rebars, stainless steel reinforcement supports lower maintenance needs and improved lifecycle value, making it a viable solution for long-term infrastructure resilience.

Commenting on the launch, Head of Sales, Jindal Stainless, Mr Rajeev Garg, said, “This effort is focused on building a robust last-mile ecosystem, anchored in retail availability and direct engagement with key stakeholders like consumers, architects, engineers and contractors. With a growing distributor and dealer network, we are creating the foundation for scale. The initial response underscores the need for high-performance, differentiated materials, particularly in applications where long-term durability and reliability are critical.”

‘Jindal Infinity’ stainless steel rebars are manufactured from billets casted at Jindal Stainless’ Hisar plant in Haryana and further processed into rebars at the company’s Ghaziabad facility. They form part of the company’s long product portfolio and are used across applications ranging from infrastructure and railways to bridges, highways, and real estate.

While stainless steel rebars have seen established adoption in global markets such as Japan and parts of Europe for critical infrastructure in high-risk zones, Jindal Stainless aims to drive similar awareness and adoption in India through this targeted retail approach.

Availability of ‘Jindal Infinity’ stainless steel rebars will be expanded to other key markets of Punjab including Ludhiana and Chandigarh, followed by select markets across Haryana and Andhra Pradesh over the next six to twelve months. With this move, Jindal Stainless aims to catalyse a shift in the evaluation of construction materials even at the last point of consumption. By bringing stainless steel rebars to the last mile, the company is laying the foundation for a more durable, resilient and future-ready construction practices in India.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Jindal Stainless appoints Ranveer Singh as first-ever brand ambassador

Yash Agarwal — Tue, 07 Apr 2026 04:57:24 +0000

Jindal Stainless, India’s leading stainless steel manufacturer, has appointed celebrated actor Ranveer Singh as its first-ever brand ambassador. This strategic move aims to enhance the company’s brand visibility and strengthen its connection with consumers. Ranveer Singh, renowned for his dynamic performances and widespread appeal, is set to lead campaigns across television, digital, and social media platforms, promoting stainless steel as a trusted material in India’s development.

Ranveer Singh’s persona, characterised by grit, performance, and reliability, aligns seamlessly with Jindal Stainless‘s core values. His ability to resonate with diverse audiences makes him an ideal partner for the company as it embarks on its next phase of growth. Managing Director of Jindal Stainless, Abhyuday Jindal, expressed confidence in Singh’s ability to bring the versatility of stainless steel closer to people across the country.

Ranveer Singh, reflecting on the association, highlighted the significance of stainless steel in everyday Indian life, noting its reliability and authenticity. He expressed excitement about taking Jindal Stainless’s story to audiences nationwide, emphasising values of trust and authenticity that he personally relates to.

Director of Corporate Affairs at Jindal Stainless, Vijay Sharma, underscored the collaboration’s goal of raising awareness about stainless steel’s role in nation-building. Singh’s wide appeal is expected to engage a broader set of consumers, bringing the story of stainless steel into everyday conversations.

Jindal Stainless has been integral to India’s progress, contributing to infrastructure, defence, and aerospace projects. Through this collaboration, the company aims to highlight these connections and foster greater appreciation for stainless steel’s contribution to India’s growth and development.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Jindal Stainless partners with Sunrisers Hyderabad as Official Stainless Partner

Business Desk — Fri, 27 Mar 2026 09:21:02 +0000

Jindal Stainless, a leading stainless steel manufacturer in India, has announced its collaboration with Sunrisers Hyderabad (SRH), a prominent T20 league team, as the Official Stainless Partner. This marks Jindal Stainless‘ debut association with the Indian Premier League (IPL), reflecting the company’s strategic focus on expanding brand visibility and connecting with the youth through one of India’s most influential cricket platforms.

The partnership grants Jindal Stainless exclusive branding rights across key product segments, including stainless steel pipes and tubes, stainless steel rebars, and stainless steel kitchenware and sinks. Abhyuday Jindal, Managing Director of Jindal Stainless, expressed enthusiasm about the collaboration, stating, “Sunrisers Hyderabad is one of the top teams, consistently enthralling audiences with its high-octane performance. Our partnership with SRH marks an important step in our brand journey towards building a stronger connect with consumers. There is no better platform than cricket, one of the most powerful cultural forces, to drive this forward. As we continue to expand our presence across multiple regions in the country, this collaboration will help showcase the versatility and effectiveness of stainless steel in everyday applications to a wider audience.”

K Shanmugam, CEO of Sunrisers Hyderabad, echoed this sentiment, saying, “We are delighted to have Jindal Stainless as our Official Stainless Partner. This collaboration brings together two brands that are driven by performance, resilience, and commitment to excellence. We are confident that this association will help build strong connect across diverse audiences while creating long-lasting value for both brands.”

Vijay Sharma, Director of Corporate Affairs at Jindal Stainless, added, “This association is designed to go beyond visibility and create meaningful engagement across the ecosystem. By collaborating with a high-energy franchise like Sunrisers Hyderabad, we are creating stronger recall through a sharper and more relatable brand narrative. The partnership also helps us extend its value across our wider partner landscape, supporting stronger co-branded outreach during a high-impact sporting season.”

As part of the collaboration, Jindal Stainless will leverage premium content opportunities, featuring leading SRH sportsmen, alongside full team imagery and integrations across platforms. The brand will also establish in-stadium visibility through kiosks and activations on matchdays and co-create content initiatives with Sunrisers Hyderabad’s official digital channels. Through the association, the company’s strategic partners can also leverage approved co-branded assets, helping amplify outreach across retail, trade, and local market initiatives.

With this partnership, Jindal Stainless aims to harness the cultural and emotional connect of cricket in India, while reinforcing stainless steel’s position as a trusted, high-performance material across everyday and industrial applications.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Jindal Stainless and Oyster Renewable unveil 315.6 MW hybrid power project

Business Desk — Fri, 27 Mar 2026 03:21:45 +0000

Jindal Stainless, a leading stainless steel manufacturer in India, and Oyster Renewable Energy Pvt Ltd have announced the part commissioning of a 315.6 MW solar-wind hybrid renewable energy project in Agar-Malwa, Madhya Pradesh. This initiative marks a significant step in promoting clean energy within India’s industrial sector. The project, developed by Oyster Renewable, involves a total investment of over ₹2,000 crore, with Jindal Stainless committing ₹132 crore. It spans across Madhya Pradesh and Gujarat, with approximately 216 MW of solar and wind power to be generated in Madhya Pradesh and an additional 99 MW in Gujarat. The commissioning is being executed in phases, starting with the Madhya Pradesh facility, followed by the Gujarat site. This project is part of Jindal Stainless’ strategy to transition towards a cleaner energy mix, highlighting the role of large-scale renewable infrastructure in industrial decarbonisation. The hybrid project integrates bifacial solar modules with tracker systems and advanced Suzlon 3.15 MW wind turbines. This design aims to balance renewable generation by leveraging both solar and wind resources, enhancing power availability and ensuring stable renewable energy for industrial use. Abhyuday Jindal, Managing Director of Jindal Stainless, emphasised the importance of sustainability in the company’s long-term growth strategy. He stated that the partnership with Oyster Renewable is crucial in expanding their clean energy portfolio and reducing carbon intensity. Siddharth Bhatia, Managing Director & CEO of Oyster Renewable Energy, highlighted the project’s capability to deliver cost-efficient renewable energy while reducing carbon emissions by approximately 6.5 lakh tonnes annually. The project also emphasises local workforce participation and community integration, contributing to regional economic development. Once fully operational, the project is expected to help Jindal Stainless abate around 6.5 lakh metric tonnes of carbon emissions per year. It underscores the importance of hybrid renewable solutions in providing reliable clean power to energy-intensive industries. Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Jindal Stainless commits Rs 900 crore to expand downstream capacities

Kinjal — Tue, 24 Mar 2026 09:19:38 +0000

Jindal Stainless has announced the commissioning of its 1.2 million tonnes per annum (MTPA) stainless steel melt shop in Indonesia, achieved ahead of schedule through a joint venture. This development increases the company’s total melting capacity to 4.2 MTPA, with 3 MTPA located in India.

Alongside this expansion, Jindal Stainless is preparing to launch a new 1.1 MTPA Hot Rolled Annealed Pickled (HRAP) line and a 0.17 MTPA Cold Rolling capacity in Jajpur, Odisha, by the fourth quarter of FY27 and the second quarter of FY27, respectively. These projects are part of an earlier announced investment of ₹1,900 crore.

Further augmenting its cold rolling capabilities, the company has allocated an additional ₹900 crore for facilities in Hisar and Kharagpur, expected to be operational by the second quarter of FY28. These expansions will enable the production of thinner cold rolled products for high-growth industries, increasing the company’s Cold Rolling capacity from 2.05 MTPA in FY26 to 2.67 MTPA by FY28, an increase of 0.62 MTPA. Once all projects are completed, Cold Rolling capacity will represent 64% of total melt capacity.

Jindal Stainless aims to achieve a sales volume of approximately 3.5 MTPA by FY29, with a double-digit compound annual growth rate (CAGR) over the next three years. Managing Director Abhyuday Jindal highlighted the company’s commitment to raw material security and an integrated growth approach, while CEO Tarun Khulbe emphasised the alignment of capacity enhancements with India’s domestic potential.

The company remains focused on developing a future-ready, value-driven stainless steel portfolio, supporting India’s growth and self-reliance, and expanding its global customer base across key export markets such as the US, Germany, Italy, South Korea, and Japan.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).