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Jindal Saw Limited JINDALSAW NIFTY_SMALLNSEINFRA

Basic Materials · Steel · India
https://jindalsaw.com

Jindal Saw Limited engages in the manufacture and supply of iron and steel pipes, and pellets in India and internationally. The company offers SAW pipes, such as line pipes, double jointing, external and internal coatings, connector casings, hot pulled induction bends, monel sheating and anodes installation, post weld heat treatment, eddy current testing, and clad; Centrifugal Casted pipes includes push up joint, double chamber restrained joint pipe, and flanged pipes, and ductile iron fittings; carbon and alloy steel seamless, which includes oil country tubular goods, flow line pipe, boiler pipe and tubes and automotive tubes, hot and cold finished, API casing and tubing, and drill pipes; stainless steel seamless and welded such as hydraulic and instrumentation tubing grade, condenser, heat exchanger, u-bends grade, hollow bars, coil tubing, seamless pipes; and operates iron ore mine and pellet plant. It also provides precision stainless steel strips and soft magnetic nickel alloys for use in the production of textile machinery, clocks, watches, and electrical equipment; anti corrosion and protective coating with fittings, bends, and flanges; double chamber pipes; polyurethane coated pipes; rail, road, and barge shipping; rust-free iron pipes; cold rolled strip products; transhipment and waterborne transportation businesses; advisory services; helical anchor manufacturing; property holding; offers tools and fittings products; sale of power; and provision of inland shipping, business process outsourcing services comprising call center, back office, and other support offices, as well as information technology (IT) services, including software development and support, IT maintenance, and other development services. Its products have applications in oil and gas exploration, transportation, power generation, supply of water for drinking, drainage, irrigation, and other industry. The company was incorporated in 1984 and is based in New Delhi, India.

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₹247.09
+17.77% 1Y

Market & Price

Market Cap
₹15,754.98 Cr
Current Price
₹247.09
High / Low (52W)
₹248.55 / ₹153.23
Beta
0.33

Valuation

Stock P/E
16.23
Industry PE
23.81
Forward P/E
10.04
PEG Ratio
-
Book Value
₹197.33
Price to Book
1.25
P/S
0.88
EV/EBITDA
9.09
Dividend Yield
0.81%

Profitability & Returns

ROCE
9.68%
ROE
7.96%
ROA
4.57%
Profit Margin
5.44%
Op Margin
6.07%
EPS (Latest Qtr)
₹2.18
EPS (TTM)
₹15.22

Balance Sheet & Liquidity

Debt/Equity
0.38
Quick Ratio
0.63
Current Ratio
1.61
Debt
₹4,690.74 Cr
Total Assets
₹21,686.19 Cr
Current Assets
₹9,972.56 Cr
Working Capital
₹3,784.89 Cr

Ownership

Promoter Holding
66.27%
Chg in Prom Hold
-
FII / Inst Holding
10.61%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹19,601.71 Cr
Total Revenue (TTM)
₹17,895.17 Cr
EBITDA
₹2,157.22 Cr
Free Cash Flow
₹-115.96 Cr
Operating Cash Flow
₹1,771.39 Cr
Shares Outstanding
₹63.76 Cr
Gross Margin
43.05%
Payout Ratio
13.13%

Growth (CAGR)

Revenue 5Y
0.36%
Profit 5Y
14.76%
Revenue (YoY)
-8.20%
Earnings (YoY)
-52.20%

PROS

  • Profit CAGR of 14.8% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Basic Materials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 JINDALSAW Jindal Saw Limited NIFTY_SMALLNSEINFRA 247.09 16.23 ₹15,754.98 Cr 0.81% 9.68% 7.96% 0.36% 14.76%
2 ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA 11,482.00 41.32 ₹3.38 L Cr 0.67% 11.90% 10.59% 12.40% 17.26%
3 JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA 1,278.00 14.01 ₹3.12 L Cr 0.56% 19.15% 27.26% 3.61% 75.28%
4 HINDZINC Hindustan Zinc Limited NSEINFRA 632.95 19.34 ₹2.67 L Cr 3.32% 62.35% 76.94% 5.61% 9.58%
5 TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA 208.02 28.34 ₹2.59 L Cr 1.92% 11.32% 11.16% -1.59% 7.21%
6 HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA 1,126.70 18.73 ₹2.52 L Cr 0.44% 9.50% 10.29% 7.40% 9.87%
7 GRASIM Grasim Industries Limited NIFTY50NSEINFRA 3,122.40 42.74 ₹2.12 L Cr 0.32% 4.00% 6.29% 14.63% -10.06%
8 SOLARINDS Solar Industries India Limited NSEINFRA 18,247.00 98.04 ₹1.65 L Cr 0.06% 29.51% 31.33% 13.27% 30.36%
9 PIDILITIND Pidilite Industries Limited NSEINFRA 1,482.80 61.73 ₹1.51 L Cr 0.67% 28.48% 23.52% 7.50% 24.36%
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Quarterly Results

Figures in INR.

Metric Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026
Revenue 5,271.30 Cr5,046.59 Cr4,084.68 Cr4,943.41 Cr4,633.48 Cr
Cost of Revenue 2,944.34 Cr2,949.85 Cr2,141.26 Cr2,911.85 Cr2,639.19 Cr
Gross Profit 2,326.96 Cr2,096.74 Cr1,943.42 Cr2,031.56 Cr1,994.29 Cr
Operating Expenses 1,538.19 Cr1,513.20 Cr1,426.64 Cr1,573.84 Cr1,680.15 Cr
Operating Income 788.77 Cr583.54 Cr516.78 Cr457.72 Cr314.14 Cr
EBITDA 968.77 Cr763.90 Cr698.77 Cr634.91 Cr501.09 Cr
Interest Expense 172.86 Cr138.77 Cr171.14 Cr132.81 Cr162.70 Cr
Pretax Income 645.26 Cr472.51 Cr374.30 Cr347.19 Cr171.65 Cr
Tax Provision 165.88 Cr385.59 Cr-41.17 Cr99.57 Cr47.97 Cr
Net Income 506.42 Cr291.28 Cr424.04 Cr257.99 Cr139.43 Cr
Diluted EPS 7.924.566.634.042.18

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 17,092.91 Cr20,092.21 Cr20,039.62 Cr17,276.38 Cr
Cost of Revenue 12,345.68 Cr13,454.07 Cr13,115.61 Cr11,308.73 Cr
Gross Profit 4,747.22 Cr6,638.14 Cr6,924.01 Cr5,967.64 Cr
Operating Expenses 3,619.50 Cr4,043.24 Cr4,144.41 Cr4,418.59 Cr
Operating Income 1,127.72 Cr2,594.90 Cr2,779.60 Cr1,549.06 Cr
EBITDA 1,662.80 Cr3,355.29 Cr3,419.64 Cr2,130.54 Cr
Interest Expense 472.98 Cr571.63 Cr468.62 Cr424.34 Cr
Pretax Income 719.49 Cr2,215.67 Cr2,348.97 Cr1,075.71 Cr
Tax Provision 267.70 Cr622.80 Cr890.92 Cr150.38 Cr
Net Income 643.95 Cr1,677.03 Cr1,738.37 Cr973.35 Cr
Diluted EPS 10.1326.3327.2215.23

Compounded Sales Growth

5 Years:0.36%
1 Year:-8.20%

Compounded Profit Growth

5 Years:14.76%
1 Year:-52.20%

Stock Price Performance

1 Year:+17.77%
6 Months:+53.89%
3 Months:+39.08%
1 Month:+8.51%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -18,239.77 Cr21,021.58 Cr20,778.99 Cr21,686.19 Cr
Current Assets -8,903.39 Cr10,303.76 Cr10,105.41 Cr9,972.56 Cr
Cash & Equivalents -75.54 Cr740.71 Cr655.37 Cr406.70 Cr
Inventory -4,104.82 Cr4,895.28 Cr4,920.51 Cr5,267.29 Cr
Receivables -3,562.91 Cr3,469.50 Cr3,563.82 Cr3,093.55 Cr
Total Liabilities -10,960.87 Cr11,654.43 Cr9,824.91 Cr9,403.48 Cr
Current Liabilities -7,966.63 Cr8,325.60 Cr6,983.29 Cr6,187.67 Cr
Long Term Debt -1,788.02 Cr2,073.45 Cr1,549.07 Cr1,473.31 Cr
Total Debt -4,926.99 Cr5,727.04 Cr4,824.98 Cr4,673.64 Cr
Total Equity -7,920.92 Cr10,093.33 Cr11,410.96 Cr12,574.24 Cr
Shares Outstanding -63.95 Cr63.95 Cr63.95 Cr63.95 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -1,615.84 Cr2,592.90 Cr2,335.16 Cr1,771.39 Cr
Investing Cash Flow --70.65 Cr-1,917.36 Cr-898.80 Cr-955.39 Cr
Financing Cash Flow --1,966.45 Cr-12.38 Cr-1,523.56 Cr-1,073.28 Cr
Capital Expenditure --323.17 Cr-862.99 Cr-1,031.34 Cr-1,076.01 Cr
Free Cash Flow -1,292.68 Cr1,729.91 Cr1,303.83 Cr695.38 Cr
Net Change in Cash --421.26 Cr663.15 Cr-87.20 Cr-257.28 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % 27.8%33.0%34.6%34.5%
Operating Margin % 6.6%12.9%13.9%9.0%
Net Margin % 3.8%8.3%8.7%5.6%
ROE % 8.1%16.6%15.2%7.7%
ROCE % 11.0%20.4%20.1%10.0%

Shareholding Pattern

Insiders
66.27%
Institutions
10.61%
Public Float
31.47%

Analyst View

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