Investor Presentation

03rd August, 2026 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department, E x c h a n g e P l a z a , 5 t h F l o or, 1st Floor, New Trading Ring, P l o t n o . C / 1 , G B l o c k Rotunda Building, P J Towers, B a n d r a - K u r l a C o m p l e x, Bandra (E), Dalal Street, Fort, Mumbai – 400 001 Mumbai-400051 Ph. 022 - 2272 3121, 2037, 2041 Ph. 022 -2659 8237, 8238, 8347, 8348 Email: corp.relations@bseindia.com Email: cmlist@nse.co.in Security Code No.: 532508 Security Code No. : JSL Sub.: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Earnings Presentation Q1FY27 Dear Sir, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Q1FY27 earnings presentation of Jindal Stainless Limited (“the Company”). The same is also being uploaded on the website of the Company- www.jindalstainless.com. Please take the above information on record. Thanking you. For Jindal Stainless Limited Navneet Raghuvanshi Head-Legal, Company Secretary & Compliance Officer Encl: A/a JINDAL STAINLESS LTD Q1 FY27 Earnings Presentation August 03, 2026 Disclaimer Thispresentationandthe accompanyingslides(the“Presentation”),which hasbeen prepared byJindalStainless Limited(referredto“respectivecompany (ies)”)forthisjointearningpresentation,arepurelyforinformationpurposesonlyandisnot,andisnotintendedtobe,anoffer,orsolicitationofoffer,or invitationorrecommendationoradvisetobuyorsellordealwithanysecuritiesofthecompany,andshallnotconstituteanoffer,solicitationorinvitationor recommendationoradvisetobuyorsellordealwithanysecuritiesoftherespectiveCompanyinanyjurisdictioninwhichsuchoffer,solicitationorinvitation orrecommendationoradviseisunlawfulorincontraventionofapplicablelaws.Nopart,orall,ofthisPresentationshallbeusedorformthebasisof,orbe reliedonorreferredtoinconnectionwith,anycontractorinvestmentdecisioninrelationtoanysecuritiesoftherespectiveCompany.ThisPresentationis strictly informative and relating to the financial conditions, internal functioning, day to day operations, future events and projections etc. of the Company andthispresentationshallnotbeusedorrelieduponorreferredtoinwholeorinpart,foranypurposewhatsoever.TheinformationinthisPresentationis being provided by the respective company and is subject to change without any notice or liability. This Presentation has been prepared by the respective company based on information and data which it considers reliable, but it makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, veracity, fairness, integrity, sufficiency and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and exhaustive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. This Presentation contains statements about future events and expectations that are forward-looking statements. These statements typically contain words such as "expects" and "anticipates" and words of similarimport.AnystatementinthisPresentationthatisnotastatementofhistoricalfactisaforward-lookingstatementthatinvolvesknownandunknown risks, uncertainties, contingencies and other factors which may cause our actualresults, performance or achievements to bematerially differentfrom any future results, performance or achievements expressed or implied by such forward-looking statements. None of the future projections, expectations, estimates or prospects in this Presentation should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guaranteethattheassumptionsonwhichsuchfutureprojections,expectations,estimatesorprospectshavebeenpreparedarecorrectorexhaustiveor,in thecaseoftheassumptions,fullystatedinthePresentation.TherespectiveCompanyassumenoobligationsorresponsibilitytoupdatetheforward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements. You unconditionally and irrevocable acknowledge and undertake that you will be solely responsible for your own assessment of the market, the market position, the business and financial condition of the respective company and that you will conduct your own analysis and be solely responsible for forming your own view of the potentialfutureperformanceofthebusinessoftherespectivecompany.Alltherisks,liabilitiesorconsequencesarisingoutoforconsequenttotheuseof or reliance on or reference to this Presentation and/or acting on the basis of the analysis/views formed by you, shall be solely borne by you. This Presentationspeaksasofthedatementioned herein.NeitherthedeliveryofthisPresentationnor anyfurther discussionsoftherespective Companywith anyoftherecipientsshall,underanycircumstances,createanyimplicationthattherehasbeennochangeintheaffairsoftherespectivecompanysincethat date. Consolidated Operational and Financial Performance Key Highlights - Volume Finished Product Volume (‘000MT’) Domestic Export 642 626 11% Q1 FY27 Q4 FY26 Q1 FY26 MT- Metric Ton Key Financials Highlights Revenue EBITDA 11,279 11,337 1,455 10,207 1,329 1,310 Q1 FY27 Q4 FY26 Q1 FY26 Q1 FY27 Q4 FY26 Q1 FY26 Shift (%) QoQ: -1% YoY: +10% Shift (%) QoQ: -9% YoY: +1% Q1 FY27 Q4 FY26 Q1 FY26 Shift (%) QoQ: -8% YoY: +8% 5 Note: All figures in INR crore unless stated otherwise External Debt & Key Ratios Jun’26 Mar’26 As on As on As on Borrowings June March March 2026 2026 2025 0.53 0.55 Debt Long term debt 4,642 4,776 5,169 Short term debt 2,006 1,466 1,107 Total Debt 6,649 6,242 6,275 0.14 0.15 Cash & Bank balances 3,698 3,203 2,284 Net Debt 2,950 3,040 3,991 Net Debt*/Equity Net Debt*/EBITDA Long term debt ratings AA /Positive & Short term debt ratings A1+ Note: Cash & Bank balances includes all bank deposits . *Net debt includes loans from bank and financial institutions only. All figures in INR crore unless stated otherwise Market Update Railways – wagons, coaches metros Infrastructure • Healthy coach demand in Q1 FY27, driven by Vande Bharat and Metro projects • Stainless steel usage in infrastructure— Process Industry • K-RIDE project in Karnataka: Mandated use particularly in flyovers, ROBs, and FOBs • The Oil & Gas, and Power segment to see some of high-strength austenitic stainless steel for is on the rise, supporting demand headwinds from fuel and gas disruptions and both coach shells and underframes growth. The outlook remains positive, geopolitical factors especially across coastal regions • Wagon led SS demand impacted by a slowdown in tender process • Additionally, emerging applications across • Lift and elevator & white goods Chemicals & Fertilizers, Hydroelectric projects, the demand remains strong, driven by Dairy segment, and Thermal Power Plants are ongoing urbanization and expected to strengthen industry growth going infrastructure development, and rising forward. demand for efficient vertical transportation systems. Automobiles Pipes & Tubes • Despite global disruptions • The ornamental pipes and tubes starting, the domestic segment is steady automobile market demand • Positive domestic demand outlook remained resilient, enabling the to continue over FY27 segment to close the quarter with strong overall performance. • Outlook for FY27 remains positive, aided by overall industry growth. Q1 FY27 Earnings call CONCALL INVITE Jindal Stainless Limited Q1 FY27 Results conference call on Tuesday, 04th August 2026 at 16:00 hrs IST Represented by Senior Management of Jindal Stainless Limited Diamond Pass registration link: Copy this URL in your browser: Link Universal Dial-in Numbers +91 22 6280 1386 / +91 22 7115 8287 Annexure Abridged P&L Statement YoY QoQ Particular (Rs. Crore) Q1 FY27 Q1 FY26 Q4 F [Showing first 8,000 characters — download PDF for full document]