Jindal Stainless (Hisar) Limited (JSHL) is an India company. It was established in 1975. The founder is Shri OP Jindal. The company mainly deals with stainless steel. JSHL, is the first stainless steel manufacturing unit in India. The JSHL stainless steel plant has a melting capacity of 8,00,000 tonnes per annum. JSHL is famous for being the world’s largest producer of stainless steel strips for razor blades and coin blanks.
Key Financial Highlights
| (Figures in INR crores): | Q4FY22 | Q4FY21 |
| Total Revenue | 3,802 | 2,758 |
| EBITDA | 537 | 364 |
| PAT | 356 | 226 |
Standalone Performance
Revenue increased by 38% to INR 3,802 crore.
EBITDA improved by 47% to INR 537 crore.
PAT increased by 58% INR 357 crore.
Consolidated Performance
Revenue increased 39% to INR 4,318 crore.
EBITDA improved by 49% to INR 605 crore.
PAT grew by 64% to INR 575 crore.
Management Updates
The company has initiatedthe usage of online payment gateway and commerce portal.
Imports from China and Indonesia have increased by147% and 280% respectively.
JSHL has reduced its CO2 emissions in FY22 with power and fuel saving efforts, waste oil treatment, LED implementation, and tree plantations drives.
Business Updates
NCLT has approved the merger between Jindal Stainless Limited and Jindal Stainless (Hisar) Limited.
Jindal Stainless (Hisar) receives AS 9100D Certification for Quality Management System for Aviation, Space, and Defence Organizations.