Jindal Saw Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 27.1x vs industry 47.1x)
- Low debt relative to equity (D/E 0.3x)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,850 | ₹3.2L Cr | 33.9 | 7.9 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹363 | ₹2.6L Cr | 43 | 11.08 | 27.4 | 36.4 | 0 |
| TMCV Tata Motors Limited | ₹— | ₹1.5L Cr | 20.4 | 10.71 | 34 | 35.9 | 0.44 |
| BHEL Bharat Heavy Electricals Limited | ₹405 | ₹1.3L Cr | 46.9 | 5.28 | 6.23 | 9.14 | 0.22 |
| ABB ABB India Limited | ₹6,490 | ₹1.3L Cr | 84.4 | 14.72 | 22.4 | 29.9 | 0.02 |
| ENRIN Siemens Energy India Limited | ₹2,840 | ₹1.3L Cr | 98.46 | 26.82 | — | — | 0.04 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹832 | ₹1.3L Cr | 91.7 | 15 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
JINDALSAW · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 63.26% | 63.27% | 63.29% | 63.29% | 63.28% | 63.28% |
| FII | 15.22% | 14.66% | 15.06% | 16.08% | 15.73% | 16.99% |
| DII | 2.27% | 2.99% | 3.87% | 4.54% | 4.69% | 4.40% |
| Public | 18.66% | 18.60% | 17.32% | 15.65% | 15.83% | 14.95% |
| Others | 0.58% | 0.49% | 0.46% | 0.46% | 0.45% | 0.38% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 2 Per Share
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend - Rs 2 Per Share
Extra Ordinary General Meeting
Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share
Extra Ordinary General Meeting
Annual General Meeting/Dividend - Rs 4 Per Share
Annual General Meeting/Dividend - Rs 3 Per Share
Latest News
All newsJindal Saw reports Q1FY26 financial results
*Jindal Saw reports Q1FY26 financial results* as per its board meeting outcome. The company has filed its financial results for the quarter ended June 30, 2026, with the exchange. Key performance metrics and year-on-year growth will influence near-term trading sentiment. Results may impact investor outlook on the steel and pipes sector. 📊 *STOCKS:* JINDALSAW | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Earnings
Jindal Saw's credit ratings affirmed by rating agencies
*Jindal Saw's credit ratings have been affirmed.* The move indicates stable credit outlook with no immediate changes expected. Rating agencies cited resilient operations and adequate debt management. **No financial figures** were revised in the filing. 📊 *STOCKS:* JINDALSAW | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Ratings
Jindal Saw to host analyst and investor meet
*Jindal Saw to host analyst and investor meet.* The company has scheduled a conference call for institutional investors and analysts to share updates. Details on agenda or key announcements were not disclosed. Such meets are typically used to discuss performance and strategy. 📊 *STOCKS:* $JINDALSAW | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Jindal Saw reconstitutes committees; no major financial impact.
*Jindal Saw reconstitutes internal committees.* This is a routine governance update with no immediate financial implications. The move ensures compliance and smooth functioning. No impact on operations or earnings expected. 📊 *STOCKS:* JINDALSAW | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Corporate
Jindal Saw updates API license status
*Jindal Saw updates API license status.* The company has filed an update regarding its API license with the NSE. This regulatory compliance step ensures continued operations in oil and gas segments. No financial impact or operational changes disclosed. 📊 *STOCKS:* JINDALSAW | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #API
Jindal Saw to hold analyst and investor meet
*Jindal Saw to hold analyst and investor meet.* The company has announced a meet for analysts and institutional investors to discuss business updates. **No financial figures or strategic shifts** were disclosed in the filing. This is a routine engagement to maintain investor communication. 📊 *STOCKS:* JINDLS | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #investor-meet
Jindal Saw to hold shareholder meeting on May 29, 2026
*Jindal Saw to hold shareholder meeting on May 29, 2026.* The event is a routine corporate disclosure with no immediate financial implications. No major announcements regarding dividends, restructuring, or strategy are indicated. Investors may anticipate updates on company performance or governance. 📊 *STOCKS:* JINDALSAW | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ShareholderMeeting
Jindal Saw to host analyst and investor meet
*Jindal Saw to host analyst and investor meet.* The company has announced a schedule for its upcoming analyst and institutional investor meet. Details on business performance and strategy may be discussed. No major financial announcements were disclosed. 📊 *STOCKS:* JINDALSAW | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Jindal Saw to host analyst and investor meet
*Jindal Saw to host analyst and investor meet.* The company has announced a schedule for its upcoming Analyst/Institutional Investor meet. Such events are typically used to provide updates on business performance and strategy. No major financial announcements were disclosed. 📊 *STOCKS:* JINDALSAW | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #investor-meet
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.9K Cr 16.7% | ₹4.2K Cr 3.6% | ₹4.1K Cr 19.1% | ₹5.0K Cr 4.2% | ₹5.3K Cr 5.4% | ₹5.6K Cr 12.8% | ₹4.9K Cr 9.0% | ₹5.4K Cr |
| Op. Profit | ₹613 Cr 35.9% | ₹451 Cr 32.7% | ₹670 Cr 9.0% | ₹736 Cr 21.6% | ₹939 Cr 2.7% | ₹914 Cr 8.8% | ₹840 Cr 8.7% | ₹920 Cr |
| OPM | 12.0% 9.1% | 11.0% 31.3% | 16.0% 6.7% | 15.0% 16.7% | 18.0% 12.5% | 16.0% 5.9% | 17.0% 0.0% | 17.0% |
| Net Profit | ₹248 Cr 78.4% | ₹139 Cr 66.5% | ₹415 Cr 377.0% | ₹87 Cr 81.8% | ₹479 Cr 0.8% | ₹475 Cr 14.2% | ₹416 Cr 13.3% | ₹480 Cr |
| EPS (₹) | 4.03 69.3% | 2.38 64.1% | 6.63 45.7% | 4.55 42.6% | 7.92 1.4% | 7.81 13.2% | 6.9 12.1% | 7.85 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹17.9K Cr 14.1% | ₹20.8K Cr 0.6% | ₹21.0K Cr 17.3% | ₹17.9K Cr 34.4% | ₹13.3K Cr 24.7% | ₹10.7K Cr 8.3% | ₹11.6K Cr 4.0% | ₹12.1K Cr 42.4% | ₹8.5K Cr 20.3% | ₹7.1K Cr |
| Expenses | ₹15.7K Cr 9.9% | ₹17.4K Cr 1.4% | ₹17.6K Cr 8.9% | ₹16.2K Cr 36.1% | ₹11.9K Cr 26.3% | ₹9.4K Cr 6.9% | ₹10.1K Cr 5.0% | ₹10.6K Cr 42.6% | ₹7.5K Cr 16.8% | ₹6.4K Cr |
| Op. Profit | ₹2.2K Cr 35.3% | ₹3.4K Cr 3.5% | ₹3.3K Cr 98.4% | ₹1.7K Cr 19.8% | ₹1.4K Cr 12.6% | ₹1.2K Cr 17.8% | ₹1.5K Cr 2.6% | ₹1.5K Cr 41.4% | ₹1.0K Cr 53.8% | ₹677 Cr |
| OPM | 12.0% 29.4% | 17.0% 6.3% | 16.0% 77.8% | 9.0% 18.2% | 11.0% 8.3% | 12.0% 7.7% | 13.0% 8.3% | 12.0% 0.0% | 12.0% 20.0% | 10.0% |
| Other Income | ₹97 Cr 25.4% | ₹130 Cr 19.8% | ₹162 Cr 4.5% | ₹155 Cr 0.0% | ₹155 Cr 25.8% | ₹209 Cr 7066.7% | ₹-3 Cr 100.6% | ₹515 Cr 2045.8% | ₹24 Cr 92.7% | ₹330 Cr |
| Interest | ₹620 Cr 0.5% | ₹623 Cr 11.6% | ₹705 Cr 9.8% | ₹642 Cr 39.6% | ₹460 Cr 6.7% | ₹493 Cr 20.5% | ₹620 Cr 0.8% | ₹615 Cr 6.2% | ₹579 Cr 1.8% | ₹569 Cr |
| Depreciation | ₹630 Cr 4.7% | ₹602 Cr 6.0% | ₹568 Cr 20.9% | ₹470 Cr 0.6% | ₹473 Cr 3.1% | ₹459 Cr 8.8% | ₹422 Cr 6.6% | ₹396 Cr 9.1% | ₹363 Cr 7.7% | ₹337 Cr |
| PBT | ₹1.1K Cr 54.2% | ₹2.3K Cr 6.0% | ₹2.2K Cr 208.2% | ₹719 Cr 15.8% | ₹621 Cr 24.4% | ₹499 Cr 6.9% | ₹467 Cr 52.1% | ₹975 Cr 699.2% | ₹122 Cr 20.8% | ₹101 Cr |
| Tax % | 14.0% 63.2% | 38.0% 35.7% | 28.0% 24.3% | 37.0% 7.5% | 40.0% 17.6% | 34.0% 3300.0% | 1.0% 95.5% | 22.0% 79.8% | 109.0% 75.8% | 62.0% |
| Net Profit | ₹925 Cr 36.6% | ₹1.5K Cr 8.5% | ₹1.6K Cr 252.4% | ₹452 Cr 20.2% | ₹376 Cr 14.6% | ₹328 Cr 28.9% | ₹461 Cr 39.7% | ₹764 Cr 7045.5% | ₹-11 Cr 128.2% | ₹39 Cr |
| EPS (₹) | 15.22 44.0% | 27.18 3.7% | 26.22 160.4% | 10.07 56.4% | 6.44 29.1% | 4.99 42.4% | 8.67 34.8% | 13.29 376.3% | 2.79 56.7% | 1.78 |
| Div Payout | 13.0% 85.7% | 7.0% 12.5% | 8.0% 46.7% | 15.0% 6.3% | 16.0% 20.0% | 20.0% 66.7% | 12.0% 50.0% | 8.0% 63.6% | 22.0% 21.4% | 28.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹64 Cr 0.0% | ₹64 Cr 0.0% | ₹64 Cr 0.0% | ₹64 Cr 0.0% | ₹64 Cr 0.0% | ₹64 Cr 0.0% | ₹64 Cr 0.0% | ₹64 Cr 0.0% | ₹64 Cr 0.0% | ₹64 Cr |
| Reserves | ₹12.0K Cr 5.9% | ₹11.3K Cr 13.1% | ₹10.0K Cr 27.6% | ₹7.9K Cr 7.6% | ₹7.3K Cr 5.5% | ₹6.9K Cr 3.3% | ₹6.7K Cr 7.8% | ₹6.2K Cr 14.5% | ₹5.4K Cr 2.1% | ₹5.3K Cr |
| Borrowings | ₹5.2K Cr 6.9% | ₹4.9K Cr 15.7% | ₹5.8K Cr 16.1% | ₹5.0K Cr 17.7% | ₹6.0K Cr 13.0% | ₹5.3K Cr 5.6% | ₹5.6K Cr 0.8% | ₹5.7K Cr 9.8% | ₹6.3K Cr 1.4% | ₹6.2K Cr |
| Other Liabilities | ₹3.9K Cr 10.9% | ₹4.4K Cr 8.9% | ₹4.8K Cr 3.5% | ₹5.0K Cr 64.1% | ₹3.0K Cr 12.8% | ₹3.5K Cr 31.0% | ₹2.7K Cr 4.9% | ₹2.8K Cr 102.1% | ₹1.4K Cr 11.3% | ₹1.2K Cr |
| Total Liabilities | ₹21.2K Cr 2.6% | ₹20.7K Cr 0.1% | ₹20.7K Cr 15.6% | ₹17.9K Cr 8.8% | ₹16.4K Cr 4.0% | ₹15.8K Cr 4.9% | ₹15.1K Cr 2.0% | ₹14.8K Cr 12.0% | ₹13.2K Cr 2.7% | ₹12.9K Cr |
Assets | ||||||||||
| Fixed Assets | ₹9.5K Cr 2.2% | ₹9.3K Cr 5.5% | ₹8.9K Cr 18.3% | ₹7.5K Cr 1.7% | ₹7.4K Cr 0.6% | ₹7.3K Cr 2.3% | ₹7.5K Cr 4.6% | ₹7.2K Cr 0.6% | ₹7.1K Cr 4.5% | ₹7.5K Cr |
| CWIP | ₹660 Cr 3.0% | ₹641 Cr 1.4% | ₹632 Cr 110.7% | ₹300 Cr 2.4% | ₹293 Cr 27.5% | ₹404 Cr 4.5% | ₹423 Cr 62.7% | ₹260 Cr 106.3% | ₹126 Cr 23.5% | ₹102 Cr |
| Investments | ₹197 Cr 17.3% | ₹168 Cr 5.6% | ₹178 Cr 1.7% | ₹175 Cr 21.9% | ₹224 Cr 13.1% | ₹198 Cr 53.5% | ₹129 Cr 32.1% | ₹190 Cr 72.7% | ₹110 Cr 7.6% | ₹119 Cr |
| Other Assets | ₹10.8K Cr 2.6% | ₹10.5K Cr 4.5% | ₹11.0K Cr 11.0% | ₹9.9K Cr 15.8% | ₹8.6K Cr 8.5% | ₹7.9K Cr 12.2% | ₹7.0K Cr 1.8% | ₹7.2K Cr 22.8% | ₹5.8K Cr 12.7% | ₹5.2K Cr |
| Total Assets | ₹21.2K Cr 2.6% | ₹20.7K Cr 0.1% | ₹20.7K Cr 15.6% | ₹17.9K Cr 8.8% | ₹16.4K Cr 4.0% | ₹15.8K Cr 4.9% | ₹15.1K Cr 2.0% | ₹14.8K Cr 12.0% | ₹13.2K Cr 2.7% | ₹12.9K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹2.3K Cr 9.9% | ₹2.6K Cr 60.5% | ₹1.6K Cr 2113.7% | ₹73 Cr 95.4% | ₹1.6K Cr 5.7% | ₹1.7K Cr 6.3% | ₹1.6K Cr 177.3% | ₹565 Cr 51.4% | ₹1.2K Cr 26.8% | ₹917 Cr |
| Investing CF | ₹-897 Cr 53.2% | ₹-1.9K Cr 2719.1% | ₹-68 Cr 64.2% | ₹-190 Cr 47.1% | ₹-359 Cr 23.3% | ₹-468 Cr 9.7% | ₹-518 Cr 328.1% | ₹-121 Cr 71.7% | ₹-428 Cr 17.2% | ₹-517 Cr |
| Financing CF | ₹-1.5K Cr 12600.0% | ₹-12 Cr 99.4% | ₹-2.0K Cr 3323.0% | ₹61 Cr 107.3% | ₹-831 Cr 28.9% | ₹-1.2K Cr 19.5% | ₹-977 Cr 107.9% | ₹-470 Cr 42.4% | ₹-816 Cr 59.4% | ₹-512 Cr |
| Net Cash Flow | ₹-86 Cr 113.0% | ₹663 Cr 258.2% | ₹-419 Cr 661.8% | ₹-55 Cr 114.5% | ₹379 Cr 1253.6% | ₹28 Cr 61.1% | ₹72 Cr 388.0% | ₹-25 Cr 69.1% | ₹-81 Cr 27.7% | ₹-112 Cr |
| Free Cash Flow | ₹1.3K Cr 24.0% | ₹1.7K Cr 26.3% | ₹1.4K Cr 594.3% | ₹-279 Cr 123.8% | ₹1.2K Cr 6.0% | ₹1.1K Cr 3.4% | ₹1.1K Cr 184.1% | ₹377 Cr 57.0% | ₹877 Cr 102.1% | ₹434 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62d 3.3% | 60d 17.8% | 73d 46.0% | 50d 31.5% | 73d 23.7% | 59d 11.9% | 67d 19.3% | 83d 16.9% | 71d 14.5% | 83d |
| Inventory Days | 152d 3.4% | 147d 9.7% | 134d 22.5% | 173d 2.3% | 177d 25.5% | 141d 9.6% | 156d 14.8% | 183d 17.2% | 221d 5.2% | 210d |
| Days Payable | 78d 12.4% | 89d 9.2% | 98d 38.0% | 71d 39.3% | 117d 58.1% | 74d 15.9% | 88d 109.5% | 42d 7.7% | 39d 7.1% | 42d |
| Cash Conv. Cycle | 136d 14.3% | 119d 9.2% | 109d 28.3% | 152d 15.2% | 132d 4.8% | 126d 6.0% | 134d 40.2% | 224d 11.5% | 253d 1.2% | 250d |
| Working Capital Days | 41d 115.8% | 19d 26.7% | 15d 200.0% | -15d 11.8% | -17d 41.7% | -12d 200.0% | 12d 71.4% | 42d 13.5% | 37d 23.3% | 30d |
| ROCE | 19.0% 9.5% | 21.0% 90.9% | 11.0% 22.2% | 9.0% 12.5% | 8.0% 20.0% | 10.0% 9.1% | 11.0% 57.1% | 7.0% 75.0% | 4.0% 0.0% | 4.0% |
Source: Screener.in · Lower days = better efficiency
About Jindal Saw Limited
Jindal Saw Ltd manufactures LSAW pipes, HSAW pipes, DI pipes, seamless pipes and pellets.[1]
Capital GoodsIndustrial Products