Jindal Saw Ltd.

NSE: JINDALSAW · Iron & Steel Products

52W Range₹153 ₹279

Snapshot

Unlock Jindal Saw Ltd.'s vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Jindal Saw Limited is a diversified manufacturer specialising in iron and steel pipes, pellets, and related accessories for the oil, gas, and water infrastructure sectors. The company operates across multiple segments, including iron and steel products, waterways logistics, and various ancillary business services.

Business Model

The company generates revenue through the manufacturing and supply of high-value steel pipes and tubes, alongside integrated services such as anti-corrosion coating and induction bending. It further diversifies its income streams through waterways logistics, ship repair, and various industrial support services.

Growth Outlook

Growth is primarily driven by sustained demand for large-diameter pipes in global energy infrastructure and domestic water transportation projects. The company continues to leverage its iron ore mining and pellet plant capabilities to maintain vertical integration and cost efficiency.

Key Risks

  • Commodity Price Volatility. Fluctuations in the prices of iron ore and steel can significantly impact the company's profit margins.
  • Cyclical Demand. The company's performance is highly sensitive to capital expenditure cycles in the global oil, gas, and infrastructure sectors.
  • Regulatory and Environmental Risks. Operations involving mining and heavy manufacturing are subject to stringent environmental regulations and potential policy shifts.
  • Geopolitical Instability. As an international supplier, the company faces risks related to trade barriers, tariffs, and geopolitical tensions affecting global supply chains.

Price

Start your research today

Unlock AI insights, financials, peers and live data on Jindal Saw Ltd. and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹17,895 Cr

TTM · consolidated

-14.1%YoY

NET PROFIT

₹925 Cr

TTM · consolidated

-36.5%YoY

EPS

₹15.28

TTM · consolidated

-55.4%YoY

RETURN ON EQUITY

7.9%

TTM · consolidated

-6.1 ppYoY

RETURN ON CAPITAL EMPLOYED

11.8%

TTM · consolidated

-10.9 ppYoY

P/E

17.5x

Q4 FY26 · consolidated

17.5 vs 14.2x5Y avg

EV/EBITDA

9.3x

Q4 FY26 · consolidated

9.3 vs 10.4x5Y avg

EBITDA MARGIN

12.9%

TTM · consolidated

-4.1 ppYoY

NET PROFIT MARGIN

2.7%

Q4 FY26 · consolidated

+1.0 ppYoY

DEBT TO EQUITY

0.4x

Q4 FY26 · consolidated

-0.06xYoY

Peers · Iron & Steel Products

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Jindal Saw Ltd.JINDALSAW
11,71517.549.27-14.1%12.9%7.9%11.8%+17.3%
Ratnamani Metals & Tubes LimitedRATNAMANI
15,91638.0221.12-13.4%19.6%14.2%18.2%-7.6%
Gallantt Ispat LimitedGALLANTT
13,00334.1821.902.9%17.6%16.4%19.9%+16.8%
Usha Martin Ltd.USHAMART
12,18931.0319.556.2%21.0%16.1%20.2%+31.1%
Maharashtra Seamless Ltd.MAHSEAMLES
7,47611.177.27-11.3%22.9%10.8%13.8%-20.0%
Jayaswal Neco Industries LimitedJAYNECOIND
7,02219.298.1318.9%18.8%18.6%22.0%+79.8%

As of Q4 FY26

Financials