Jindal Stainless Limited

rs,

ionship Department, 1st Floor, New Trading Ring, Plot no. C/1, G Block Rotunda Building, P J Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400 001 Mumbai-400051 Ph. 022 -265

000 MT

that date. 2 Operational and Financial Performance 3 Key Financials Highlights Sales Volume (‘000 MT*) 1,274 1,143 565 626 648 Sales Composition – Q2 FY26 Export 9% Domestic 91% Sales Composi

9%

ghlights Sales Volume (‘000 MT*) 1,274 1,143 565 626 648 Sales Composition – Q2 FY26 Export 9% Domestic 91% Sales Composition – H1 FY26 Export 9% Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26

91%

es Volume (‘000 MT*) 1,274 1,143 565 626 648 Sales Composition – Q2 FY26 Export 9% Domestic 91% Sales Composition – H1 FY26 Export 9% Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Shift (%) Qo

3%

ales Composition – H1 FY26 Export 9% Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Shift (%) QoQ: 3% YoY: 15% YoY: 12% Domestic 91% 4 Note: Standalone Sales Volume MT- Metric Ton Key Financial

15%

osition – H1 FY26 Export 9% Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Shift (%) QoQ: 3% YoY: 15% YoY: 12% Domestic 91% 4 Note: Standalone Sales Volume MT- Metric Ton Key Financials Highligh

12%

H1 FY26 Export 9% Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Shift (%) QoQ: 3% YoY: 15% YoY: 12% Domestic 91% 4 Note: Standalone Sales Volume MT- Metric Ton Key Financials Highlights-Consoli

7%

5 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Shift (%) QoQ: 7% YoY: 11% YoY: 10% Shift (%) QoQ: 6% YoY: 17% YoY: 12% PAT 609 715 808 1,523 1,255 Q2

11%

6 Q2 FY26 H1 FY25 H1 FY26 Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Shift (%) QoQ: 7% YoY: 11% YoY: 10% Shift (%) QoQ: 6% YoY: 17% YoY: 12% PAT 609 715 808 1,523 1,255 Q2 FY25 Q1

10%

H1 FY25 H1 FY26 Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Shift (%) QoQ: 7% YoY: 11% YoY: 10% Shift (%) QoQ: 6% YoY: 17% YoY: 12% PAT 609 715 808 1,523 1,255 Q2 FY25 Q1 FY26 Q2 F

6%

2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Shift (%) QoQ: 7% YoY: 11% YoY: 10% Shift (%) QoQ: 6% YoY: 17% YoY: 12% PAT 609 715 808 1,523 1,255 Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY2

17%

1 FY26 Q2 FY26 H1 FY25 H1 FY26 Shift (%) QoQ: 7% YoY: 11% YoY: 10% Shift (%) QoQ: 6% YoY: 17% YoY: 12% PAT 609 715 808 1,523 1,255 Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Shift (

“crore)Q2FY26Q1FY26Q2FY25H1 FY25H1 FY26 Abridged P&L Statement (Standalone) 14 YoYQoQYoYChange (%)Change (%)Change (%)Revenue from operations10,8819,74612%10,3415%21,22119,33110%Total Expenditure9,8218,73912%9,2936%19,11417,31910%EBITDA 1,0601,0075%1,0481%2,1082,0115%Other Income998220%103(4%)20214342%Finance Cost 96116(18%)100(4%)195213(8%)Depreciation1961809%1894%3853607%PBT8677939%8630%1,7301,5819%Tax22320410%2211%4444137%PAT6445899%6420%1,2861,16810%Particular (Rs.”

“crore)Q1FY26Q2FY25Q2FY26H1 FY26H1 FY25 Shareholding Pattern Floating Stock % Promoters 61.2% Other 38.8% FII 21.4% DII 7.1% Retails & others 10.3% 15 Shareholding pattern for the period ended 30th September 2025 Contact Us”

“India’s leading stainless steel manufacturer, Jindal Stainless, had an annual turnover of INR 40,182 crore (USD 4.75 billion) in FY25 and is ramping up its facilities to reach 4.2 million tonnes of annual melt capacity in FY27.”

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Copy this URL in your browser: Link Universal Dial-in Numbers +91-22-6280 1144 / +91 22 7115 8045 International Toll Free: USA: 18667462133 | UK: 08081011573| Singapore: 8001012045 | Hong Kong: 800964448 For further information, please contact Mr. Jaideep Goswami, Head of Equities: Email: Jaideep.goswami@icicisecurities.com Mr. Vikash Singh: Phone: +91 22 6807 7289, e-mail: singh.vikash@icicisecurities.com Mr. Mohit Lohia: Phone: +91 22 6807 7510, e-mail: mohit.lohia@icicisecurities.com Copy this URL in your browser: Link 11 Annexure 12 Abridged P&L Statement (Consolidated) 13 YoYQoQYoYChange (%)Change (%)Change (%)Revenue from operations10,8939,77711%10,207 7%21,10019,20710%Total Expenditure9,5058,59011%8,897 7%18,40216,8089%EBITDA 1,3881,18617%1,310 6%2,6982,39812%Other Income904791%69 30%1599862%Finance Cost 141159(11%)144 (2%)285301(5%)Depreciation2622419%252 4%5144739%Exceptional gain/(loss)170NA- NA170NAShare of profit from Associates(14)0NA(14) 1%(27)(1)NAPBT107883429%969 11%204

About Us

India’s leading stainless steel manufacturer, Jindal Stainless, had an annual turnover of INR 40,182 crore (USD 4.75 billion) in FY25 and is ramping up its facilities to reach 4.2 million tonnes of annual melt capacity in FY27. It has 16 stainless steel manufacturing and processing facilities in India and abroad, including in Spain and Indonesia, and a worldwide network in 12 countries, as of March 2025. In India, there are ten sales offices and six service centres, as of March 2025. The company’s product range includes stainless steel slabs, blooms, coils, plates, sheets, precision strips, wire rods, rebars, blade steel, and coin blanks. Jindal Stainless relies on its cost competitiveness and operational efficiency. Founded in 1970, Jindal Stainless continues to be inspired by a vision for innovation and enriching lives and is committed to social responsibility. integrated operations to enhance its Jindal Stainless remains focused on a greener and sustainable future. The company manuf