In FY 2025-26, we achieved our highest‑ever production with a 10-year production CAGR of 9.15%, driven by capacity expansions, operational ramp-ups and improved asset utilisation.
In FY 2025-26, we achieved our highest‑ever sales, delivering a 10-year sales CAGR of 9.34% supported by volume growth, market expansion and stronger downstream integration.
We delivered a 10-year CAGR of 16.14% driven by sustained volume growth, capacity expansion, an improving product mix and stable realisations.
We delivered a significant increase in our net profit, enabled by our operational excellence, disciplined execution, financial prudence and our ability to create sustainable long-term stakeholder value.#
We delivered a 10-year CAGR of 16.63%, reflecting enhanced operating efficiencies, disciplined cost optimisation, scale benefits and sustained focus on productivity improvements. Adjusted EBITDA was ₹32,048 crore in FY 2025-26 vs. ₹22,964 crore in FY 2024-25.
We consistently sustained double-digit operating EBITDA margins over the past decade, reflecting operational resilience, cost competitiveness and disciplined execution amid evolving market conditions.
Net debt/EBITDA improved significantly to 1.81x, reflecting strong deleveraging driven by higher operational earnings and disciplined debt management.
Net debt-to-equity improved significantly to 0.51x, reflecting disciplined deleveraging, stronger internal accruals and a sustained focus on maintaining a healthy capital structure.
We have consistently enhanced our Earnings Per Share over the years, reflecting sustained profitability growth, operational strength and disciplined capital allocation.#
We maintained a balanced, shareholder‑friendly dividend policy, increasing dividend per share from ₹2.25 to ₹7.10, supported by strong profitability, robust cash flows and disciplined capital allocation.
We have consistently expanded our capacity over the past decade, more than doubling our asset base through sustained investments in growth, modernisation and downstream integration.
Our Company delivered a 10-year CAGR of 32.39%, reflecting enhanced profitability, improved capital efficiency, disciplined investments and sustained value creation for shareholders.
*BPSL Steel business was transferred to JSW JFE Steel Ltd. (JJSL) on 27 March 2026 towards formation of JV with JFE Steel. Figures include 0.06 MnT of production and 0.05 MnT of sales of JJSL pertaining to 27–31 March 2026.
#Impact of exceptional items has been included in the respective years.