Jindal Steel Q4 Result Preview: What Investors Should Expect From JSPL This Quarter?

Jindal Steel Q4 Result Preview: Naveen Jindal-led company will declare its fourth quarter result for the financial year 2024-25 on Wednesday, April 30. The company stock will remain in focus today ahead of its board of directors meeting scheduled for later on Wednesday.

"A meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, the 30th day of April, 2025, inter-alia, to consider and approve, the Audited Financial Results of the Company, both on standalone and consolidated basis, for the 4th quarter/year ended on March 31, 2025, of the Financial Year 2024-25," read a BSE filing by Jindal Steel and Power Limited.

JSPL's steel volume in Q4 will likely decline due to lower construction activities, but its EBITDA margins are expected to benefit from lower coking coal costs, according to brokerages.

Jindal Steel Q4 Preview: What To Expect?

The steel-to-power conglomerate is expected to report sequentially flat production of 2.0 metric tonne, which will be 2.9% down compared to the same period last year, according to Emkay Research.

"We expect JSP to report sequentially flat production of 2.0mt (down 2.9% YoY) and sales volume of 1.9mt in Q4. We estimate EBITDA of Rs22.6bn in Q4 (up 6.0% sequentially and down 10.0% YoY), mainly led by coking coal cost benefits leading to sequential EBITDA/t improvement of Rs932 in Q4 at Rs12,157 vs Rs11,226 in Q3," stated Emkay Research mentioning commissioning of Angul 2 expansion, rebar prices outlook as key focus areas to watch in future.

EBITDA, PAT May Decline Sequentially

Jindal Steel and Power Limited is also likely to face the impact of United States tariffs announced by President Donald Trump, which will likely come into effect after 90-day pause. JSPL's EBITDA may decline by 8.2% Year on Year (YoY) but improve sequentially by Rs 483 to Rs 11,857 (EBITDA per tonne), according to PL Capital. Its adjusted profit after tax (PAT) is likely to decline annually as well as sequentially.

JSPL's profit after tax (PAT) is expected to increase by 14% annually and nearly 11% sequentially, mentioned ICICI Securities in its report adding that its sales are likely to fall by 11% on YoY basis. Its shipment volume may grow by 3.2% sequentially, but decline by 2.5% annually.

"JSPL will continue to benefit from the integrated operations supported by its proximity to coal and iron ore mines, cost-saving initiatives adopted by the company, and the likely scale-up of operations with the expansion of
facilities," underlined CareRatings in its note.

Jindal Steel, JSPL Share Price Trend

Jindal Steel and Power Limited (JSPL) shares closed 1.35% lower at Rs 895 per share on BSE on Tuesday with a market capitalisation of Rs 91,297.88 crore. The company scrip had touched a 52-week high mark of Rs 1,097.10 apiece on BSE on 21 June, 2024. Jindal Steel stock is currently recovering from its 52-week low mark of Rs 723.95 per share it touched on 31 January, 2025.

Jindal Steel's stock value has plummeted nearly 4.5% year to date (YTD), which is somewhere similar its price movement over the past one year. JSPL scrip value has declined nearly 4.98% in one year.

The conglomerate had reported a net profit of Rs 1,162.77 crore during the quarter ending in December 2024. Whereas its revenue stood at Rs 11,435.77 crore in the third quarter of the financial year 2024-25. Its earnings per share stood at 11.49.

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