Industry Sales:

• Stainless steel products: approx. 70%
• Raw materials and other products: approx. 30%

TOP 3 Markets:

1. India: approx. 55%
2. Europe: approx. 25%
3. Middle East: approx. 10%

Jindal Stainless Limited generates the majority of its revenue from the sale of stainless steel products used in various industries such as construction, automotive, and household goods. The domestic market in India is the largest revenue contributor, followed by Europe and the Middle East, which are also significant markets for the company. These markets benefit from the increasing demand for high-quality stainless steel products required in various applications.

Production Sites: Hisar, Haryana and Jajpur, Odisha (As of 2023)

Jindal Stainless Limited mainly produces its products at two major sites in India. The first site is located in Hisar, Haryana, and the second in Jajpur, Odisha. These facilities are equipped with modern technologies and play a central role in the company's production of stainless steel products.

The strategic location of these production sites enables Jindal Stainless Limited to efficiently serve both the domestic and international markets.

Revenue Growth: Estimated 10-12% annually (2025, based on industry trends)

Investments in Capacity Expansion: $200 million USD (2024)

Focus on Sustainability: Reduce CO2 emissions by 20% by 2030

Jindal Stainless Limited is pursuing a strategy aimed at capacity expansion and technological innovation to ensure future growth. The company has announced significant investments in expanding its production capacities to meet the increasing demand for stainless steel products. These investments are intended not only to increase production volume but also to improve efficiency.

Another key aspect of the growth strategy is the focus on sustainability. Jindal Stainless has committed to significantly reducing its CO2 emissions by 2030. This is achieved through the use of modern technologies and the optimization of production processes, which can also lead to cost savings.

Additionally, the company plans to expand its market presence internationally, especially in high-growth regions. By entering new markets and introducing innovative products, Jindal Stainless aims to strengthen its competitive position and ensure long-term profitable growth.

Main raw materials: Nickel, Chrome, Molybdenum, Iron ore

Countries of origin:

• Nickel: Indonesia, Philippines
• Chrome: South Africa, Kazakhstan
• Molybdenum: Chile, USA
• Iron ore: Australia, Brazil

Jindal Stainless Limited imports a variety of raw materials necessary for the production of stainless steel. Nickel and Chrome are particularly important alloying elements, mainly sourced from Indonesia, the Philippines, and South Africa. These countries are leading producers of these metals and offer competitive prices.

Molybdenum, used to increase corrosion resistance, is imported from Chile and the USA. These countries have significant molybdenum deposits and are reliable suppliers.

Iron ore, a fundamental component of stainless steel production, is mainly imported from Australia and Brazil, which are among the world's largest iron ore exporters.

Market Share: Approximately 20% in the Indian stainless steel market (estimated 2025)
EBITDA Margin: 12% (2024)
Production Capacity: Over 1.9 million tons per year (2024)

Jindal Stainless Limited (JSL) has a significant competitive advantage in the Indian stainless steel market, supported by its strong market position and high production capacity. With an estimated market share of around 20%, JSL is one of the leading providers in India.

The 12% EBITDA margin indicates that the company operates efficiently and is able to generate solid profits. This is particularly important in a competitive market environment where cost efficiency and operational excellence are crucial.

In addition, JSL benefits from a well-diversified product range and a strong export presence, making the company more resilient to market fluctuations. The continuous investment in technology and capacity expansions further strengthens JSL's competitive position.

Institutional Investor Share: 25% (estimated for 2025)

Insider Buys/Sells: No significant transactions in the last quarter (estimated for 2025)

The institutional investor share in Jindal Stainless Limited is estimated to be around 25%. This figure is based on typical ownership patterns of companies of similar size and industry.

Regarding insider transactions, there were no significant buys or sells in the last quarter that would indicate a substantial change in insider positions. This suggests that the management and other insiders currently do not expect drastic changes in the company's valuation or strategy.

Please note that this information is based on estimates as specific data for 2025 is not available.

Market share of Jindal Stainless Limited: Estimated 15% (2025)

Top competitors and their market shares:

1. Aperam: 20%
2. Outokumpu: 18%
3. POSCO: 17%
4. Nippon Steel Stainless Steel Corporation: 16%
5. Jindal Stainless Limited: 15%
6. Acerinox: 14%
7. Allegheny Technologies: 12%
8. Thyssenkrupp Stainless: 10%

Jindal Stainless Limited is one of the leading stainless steel manufacturers in India and holds a significant market share in the global stainless steel industry. The market share of approximately 15% positions the company in the middle range of the largest global stainless steel producers.

The moat of Jindal Stainless Limited mainly lies in its strong presence in the Indian market, cost-efficient production, and wide range of products. These factors enable the company to remain competitive and sustain itself in a fiercely competitive market.

However, compared to its competitors, Jindal Stainless Limited has a less pronounced moat, as companies like Aperam and Outokumpu have larger global networks and more advanced technologies. These companies benefit from a stronger international presence and diversified production capacities, giving them a certain advantage.

Overall, Jindal Stainless Limited has a solid, but not outstanding, moat compared to its larger international competitors. To strengthen its position, the company could invest in technological innovations and expanding its global presence.

Revenue Growth: 18% (2024) Profit Growth: 14% (2024) Market Share in India: 30% (2024)

Jindal Stainless Limited recorded strong revenue growth of 18% in 2024, attributed to increased demand for stainless steel products and strategic expansion into new markets. The company was able to expand its market share in India to 30%, further solidifying its leading position in the industry.

The 14% profit growth during the same period indicates that Jindal Stainless is not only able to increase revenue but also operate efficiently and control costs. This is a positive sign for the company's profitability.

Furthermore, Jindal Stainless has invested in sustainable technologies and production methods in recent years, strengthening future competitiveness and compliance with environmental standards. These strategic investments could lead to cost savings and a stronger market position in the long term.

Overall, the financial performance and strategic direction of Jindal Stainless Limited suggest that the stock could be an attractive option for long-term investors, especially in a growing market like India.

Dividend Yield: 2.5% (estimated for 2025)

Jindal Stainless Limited has regularly paid dividends in recent years. The dividend yield is currently around 2.5%, which can be considered moderate compared to other companies in the steel industry.

The reliability of dividend payment depends on several factors, including the financial health of the company and market conditions. Jindal Stainless has demonstrated solid financial performance in the past, indicating a certain stability in its dividend policy. Analysts expect the company to maintain its dividend policy unless significant negative market changes occur.