SHRI. O. P. JINDAL

7th August 1930 - 31st March 2005
Founder and Visionary, O. P. Jindal Group
A true visionary,
A legendary industrialist,
A great philanthropist,
A legacy that will always be cherished!

His life was an inspirational journey leading millions to follow the enlightened path. We will always carry on his values, an epitome of indomitable courage, endurance and integrity, his legacy will always remain with us. As we take leaps towards the future, we are fully committed to honour his vision and keep his legacy alive & carrying it forward to greater heights.

WE ARE
INDIA'S LARGEST STEELMAKER
JSW Steel is charting a responsible growth path in step with the nation, creating value for all its stakeholders. We are at the forefront of India’s transformative growth journey, providing world-class steel to key growth sectors including infrastructure, automotive, energy, railways and defence. With a focus on innovation and deploying cutting-edge technology, we provide value-added solutions that enable our customers to contribute to the evolving themes of modern infrastructure, energy transition and a low-carbon future, among others. With sustainability at our core, we are committed to environmental stewardship while making a meaningful difference to the lives of our people, partners and communities every day.
0.0 MTPA*

Domestic installed capacity

* including 1.7 MTPA under commissioning
0.0 MTPA

Consolidated installed capacity

0.0 MTPA

Domestic downstream flat products capacity

0

Captive coking coal mines

0

Captive iron ore mines

0,0

Direct employees#

# Includes JSW Steel and its subsidiaries

RISING

WITH INDIA

India is on the move—resilient in the face of global uncertainty, resolute in its aspirations and rising with confidence. At the heart of the nation’s transformation is steel, and at the heart of India’s steel is JSW Steel.

Aligned with India’s bold and inclusive Viksit Bharat @2047 roadmap to become a fully developed nation, we are actively contributing to the core priorities shaping the India of tomorrow.

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We are not just participating in India’s growth story. Here’s how we are scripting it with India:

Partnering India’s
infrastructure push

Expanding capacities
with strategic foresight

Innovating to serve
evolving needs

Harnessing the power
of digital technologies

Greening the future
of steel

Nurturing a future-ready
workforce

Enriching life and
livelihoods

SAJJAN JINDAL

Chairman & Managing Director

LEADING
WITH RESPONSIBILITY AND RESILIENCE

Dear Shareholders,

We are navigating a period of change, shaped by an evolving global political and policy landscape. While India remains on a transformative growth path, driving healthy steel demand, the steel industry faces a challenging environment marked by weak global demand and record Chinese steel exports, even as iron ore costs remain relatively elevated.

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JAYANT ACHARYA

Joint Managing Director and CEO

PARTNERING IN
NATION-BUILDING
STEERING PROGRESS

Dear Shareholders,

The past financial year was a period of contrasting realities, a volatile global environment and a resolutely buoyant Indian economy. While geopolitical uncertainties, trade frictions and inflationary pressures weighed on global consumer sentiment and investments, India stood as a rare constant—charting a growth trajectory marked by resilience and structural strength.

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FINANCIAL PERFORMANCE REVIEW
A DECADE
OF IMPACT
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OUR INTEGRATED PURPOSE FRAMEWORK
DRIVING STRATEGY WITH
PURPOSE

Corporate ethos


Vision

Bring positive transformation to every life we touch

Mission

Building world-class infrastructure, products and solutions; Deploying world-class capabilities and Nurturing our communities.

GROW

Strategic growth with efficient capital allocation

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OPTIMISE

Cost leadership through resource optimisation and improved raw material security

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ENHANCE

Enhance value added product portfolio with innovation and R&D

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TRANSFORM

Being future-ready through technology-led transformation and digitalisation

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MAINTAIN

Strong financial profile and ratings

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SUSTAIN

Mainstreaming sustainability across the businesses

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OPERATING CONTEXT
INDIA OFFERS A MULTI-DECADE
OPPORTUNITY
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India is on a sustained economic expansion, aspiring to be a ‘developed’ nation over the next two decades. Steel, with its unmatched versatility, forms the backbone of the nation’s global ascent—building modern infrastructure, strengthening manufacturing, driving consumption and contributing to energy transition.

STAKEHOLDER ENGAGEMENT
INSIGHTS
INDIA OFFERS A MULTI-DECADE
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Meaningful stakeholder engagement is vital to our long-term sustainability and success. Through regular and structured interactions with our stakeholders, we gain valuable insights into their needs and expectations.

MATERIALITY
PRIORITISING
ISSUES OF CRITICAL IMPORTANCE
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Our comprehensive double materiality assessment identifies key issues impacting long-term value creation. This exercise informs a well-defined, strategic roadmap focused on delivering sustainable value, aligning our operations with evolving stakeholder expectations and environmental, social, and economic priorities.

RISK MANAGEMENT
ENSURING
STABILITY ACROSS CYCLES
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We have put in place a well-defined, robust Enterprise Risk Management (ERM) framework to identify and manage key risks for achieving our strategic objectives. The framework provides a structured approach to identify, prioritise, manage, monitor and report on key and emerging risks.

STRATEGY OVERVIEW
DRIVING TRANSFORMATIVE
GROWTH
SUSTAINABILITY
Environment
Championing the transition to a lower carbon footprint
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Social: Employees
Creating an inspiring work environment
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Social: Social Sustainability
Creating lasting impact
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Social: Human Rights
Purpose-driven action
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Social: Supply Chain Sustainability
Cultivating integrity in collaborations
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Governance
Growing with clarity and trust
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