Share Price and Basic Stock Data
Last Updated: November 4, 2025, 4:42 pm
| PEG Ratio | 0.24 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Jindal Saw Ltd operates in the steel tubes and pipes industry, with its share price currently standing at ₹180 and a market capitalization of ₹11,515 Cr. The company has reported a revenue of ₹20,829 Cr for the fiscal year ending March 2025, a notable increase from ₹20,958 Cr in March 2024. The trailing twelve months (TTM) revenue is ₹19,974 Cr. Quarterly sales have shown variability, with the highest quarterly sales recorded at ₹5,656 Cr in December 2023, while the lowest was ₹3,478 Cr in June 2022. This trend indicates a recovery trajectory from the pandemic-era slump, where sales in March 2021 were ₹10,664 Cr. The consistent increase in sales reflects a robust demand for steel products, bolstered by infrastructure projects and construction activities across India. However, the decline in sales to ₹4,085 Cr in June 2025 raises questions about potential market fluctuations and demand volatility.
Profitability and Efficiency Metrics
Jindal Saw Ltd has demonstrated solid profitability metrics, reporting a net profit of ₹1,458 Cr for the fiscal year 2025, which is a significant rise from ₹1,593 Cr in the previous year. The operating profit margin (OPM) stood at 17% for March 2025, showcasing an improvement over the 16% in March 2024. The company’s return on equity (ROE) is reported at 16.3%, indicating effective management of shareholder funds. Additionally, the return on capital employed (ROCE) is a commendable 19.4%, reflecting efficient use of capital to generate profits. However, the cash conversion cycle (CCC) of 136 days indicates potential inefficiencies in inventory and receivables management, which could impact liquidity. Interest coverage ratio (ICR) reported at 5.69x suggests that the company is comfortably positioned to meet its interest obligations, although the rising expenses could pose a risk to future profitability.
Balance Sheet Strength and Financial Ratios
The balance sheet of Jindal Saw Ltd reflects a strong financial position with total assets amounting to ₹20,665 Cr and total liabilities of ₹20,679 Cr as of March 2025. The company’s reserves have increased to ₹11,347 Cr, indicating a healthy accumulation of retained earnings. Borrowings have decreased to ₹4,859 Cr, which contributes to a debt-to-equity ratio of 0.40, suggesting a lower reliance on debt financing compared to sector norms. The current ratio of 1.45 indicates good short-term financial health, while a quick ratio of 0.74 points to potential liquidity concerns when excluding inventory. The price-to-book value (P/BV) ratio is at 1.51x, reflecting a fair valuation compared to its book value. However, the interest coverage ratio (ICR) of 5.69x is a strong indicator of financial stability, although the potential for increasing interest rates could impact future borrowing costs.
Shareholding Pattern and Investor Confidence
Jindal Saw Ltd has a diversified shareholding pattern, with promoters holding 63.26% of the company as of March 2025. Foreign institutional investors (FIIs) hold 15.12%, while domestic institutional investors (DIIs) possess 4.77%. The public shareholding stands at 16.48%, with the total number of shareholders increasing to 1,87,168, reflecting growing investor interest. The stability in promoter shareholding indicates confidence in the company’s growth prospects, while the increase in FII participation from 11.69% in September 2022 to 15.12% in March 2025 suggests a positive outlook among foreign investors. However, the slight decline in public shareholding from 23.79% in September 2022 to 16.48% in March 2025 raises concerns about retail investor sentiment and market dynamics. A balanced shareholding structure can enhance corporate governance and provide a buffer against market volatility.
Outlook, Risks, and Final Insight
Looking ahead, Jindal Saw Ltd is well-positioned to capitalize on the ongoing infrastructure development in India, which bodes well for its steel products. The company’s strong profitability metrics and healthy balance sheet indicate its potential for sustained growth. However, risks such as fluctuating raw material prices and potential disruptions in supply chains could impact profitability. Additionally, the company’s ability to manage its cash conversion cycle effectively will be crucial in maintaining liquidity. The competitive landscape within the steel industry poses further challenges, with price wars and innovation pressures. Overall, if Jindal Saw Ltd can navigate these challenges while leveraging its strengths, it may continue to deliver value to its shareholders and maintain its market position in the steel sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Jindal Saw Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mukat Pipes Ltd | 18.7 Cr. | 15.8 | 22.0/14.6 | 5.91 | 0.00 % | % | % | 5.00 | |
| Hariom Pipe Industries Ltd | 1,380 Cr. | 446 | 670/301 | 20.4 | 185 | 0.14 % | 14.1 % | 11.9 % | 10.0 |
| Earthstahl & Alloys Ltd | 30.0 Cr. | 24.5 | 49.5/20.3 | 56.6 | 30.6 | 0.00 % | 3.58 % | 1.43 % | 10.0 |
| Crimson Metal Engineering Company Ltd | 15.0 Cr. | 33.8 | 33.8/10.8 | 136 | 12.6 | 0.00 % | 8.11 % | 2.35 % | 10.0 |
| Welspun Corp Ltd | 24,378 Cr. | 925 | 995/650 | 13.7 | 311 | 0.54 % | 21.2 % | 18.6 % | 5.00 |
| Industry Average | 10,161.17 Cr | 551.65 | 44.38 | 156.14 | 0.39% | 15.34% | 11.65% | 4.69 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,478 | 4,044 | 5,158 | 5,188 | 4,410 | 5,466 | 5,656 | 5,425 | 4,939 | 5,572 | 5,271 | 5,047 | 4,085 |
| Expenses | 3,240 | 3,712 | 4,663 | 4,588 | 3,803 | 4,663 | 4,668 | 4,505 | 4,100 | 4,658 | 4,332 | 4,310 | 3,415 |
| Operating Profit | 238 | 331 | 495 | 600 | 608 | 804 | 988 | 920 | 840 | 914 | 939 | 736 | 670 |
| OPM % | 7% | 8% | 10% | 12% | 14% | 15% | 17% | 17% | 17% | 16% | 18% | 15% | 16% |
| Other Income | 32 | -2 | 44 | 79 | 37 | 22 | 40 | 69 | 51 | 37 | 29 | 28 | 29 |
| Interest | 160 | 148 | 169 | 162 | 160 | 189 | 182 | 174 | 154 | 158 | 173 | 139 | 171 |
| Depreciation | 110 | 117 | 118 | 126 | 132 | 141 | 147 | 149 | 148 | 151 | 151 | 153 | 153 |
| Profit before tax | 1 | 64 | 252 | 392 | 354 | 496 | 700 | 667 | 588 | 643 | 645 | 473 | 374 |
| Tax % | 2,275% | 67% | 43% | 24% | 31% | 28% | 27% | 28% | 29% | 26% | 26% | 82% | -11% |
| Net Profit | -16 | 21 | 143 | 298 | 244 | 356 | 512 | 480 | 416 | 475 | 479 | 87 | 415 |
| EPS in Rs | 0.08 | 0.93 | 3.35 | 5.58 | 4.14 | 5.90 | 8.34 | 7.85 | 6.90 | 7.81 | 7.92 | 4.55 | 6.63 |
Last Updated: August 20, 2025, 8:35 am
Below is a detailed analysis of the quarterly data for Jindal Saw Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 4,085.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5,047.00 Cr. (Mar 2025) to 4,085.00 Cr., marking a decrease of 962.00 Cr..
- For Expenses, as of Jun 2025, the value is 3,415.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4,310.00 Cr. (Mar 2025) to 3,415.00 Cr., marking a decrease of 895.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 670.00 Cr.. The value appears to be declining and may need further review. It has decreased from 736.00 Cr. (Mar 2025) to 670.00 Cr., marking a decrease of 66.00 Cr..
- For OPM %, as of Jun 2025, the value is 16.00%. The value appears strong and on an upward trend. It has increased from 15.00% (Mar 2025) to 16.00%, marking an increase of 1.00%.
- For Other Income, as of Jun 2025, the value is 29.00 Cr.. The value appears strong and on an upward trend. It has increased from 28.00 Cr. (Mar 2025) to 29.00 Cr., marking an increase of 1.00 Cr..
- For Interest, as of Jun 2025, the value is 171.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 139.00 Cr. (Mar 2025) to 171.00 Cr., marking an increase of 32.00 Cr..
- For Depreciation, as of Jun 2025, the value is 153.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 153.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 374.00 Cr.. The value appears to be declining and may need further review. It has decreased from 473.00 Cr. (Mar 2025) to 374.00 Cr., marking a decrease of 99.00 Cr..
- For Tax %, as of Jun 2025, the value is -11.00%. The value appears to be improving (decreasing) as expected. It has decreased from 82.00% (Mar 2025) to -11.00%, marking a decrease of 93.00%.
- For Net Profit, as of Jun 2025, the value is 415.00 Cr.. The value appears strong and on an upward trend. It has increased from 87.00 Cr. (Mar 2025) to 415.00 Cr., marking an increase of 328.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 6.63. The value appears strong and on an upward trend. It has increased from 4.55 (Mar 2025) to 6.63, marking an increase of 2.08.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:03 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6,656 | 8,208 | 7,703 | 7,070 | 8,507 | 12,117 | 11,627 | 10,664 | 13,298 | 17,868 | 20,958 | 20,829 | 19,974 |
| Expenses | 6,014 | 7,254 | 6,979 | 6,393 | 7,466 | 10,645 | 10,116 | 9,422 | 11,899 | 16,192 | 17,631 | 17,375 | 16,715 |
| Operating Profit | 642 | 954 | 723 | 677 | 1,041 | 1,472 | 1,511 | 1,242 | 1,399 | 1,676 | 3,326 | 3,454 | 3,260 |
| OPM % | 10% | 12% | 9% | 10% | 12% | 12% | 13% | 12% | 11% | 9% | 16% | 17% | 16% |
| Other Income | 26 | 76 | 136 | 330 | 24 | 515 | -3 | 209 | 155 | 155 | 162 | 120 | 123 |
| Interest | 392 | 606 | 679 | 569 | 579 | 615 | 620 | 493 | 460 | 642 | 705 | 623 | 640 |
| Depreciation | 321 | 335 | 328 | 337 | 363 | 396 | 422 | 459 | 473 | 470 | 568 | 602 | 607 |
| Profit before tax | -46 | 89 | -148 | 101 | 122 | 975 | 467 | 499 | 621 | 719 | 2,216 | 2,349 | 2,135 |
| Tax % | 120% | 131% | -46% | 62% | 109% | 22% | 1% | 34% | 40% | 37% | 28% | 38% | |
| Net Profit | -100 | -27 | -80 | 39 | -11 | 764 | 461 | 328 | 376 | 452 | 1,593 | 1,458 | 1,457 |
| EPS in Rs | -1.55 | -0.25 | -0.66 | 1.78 | 2.79 | 13.29 | 8.67 | 4.99 | 6.44 | 10.07 | 26.22 | 27.18 | 26.91 |
| Dividend Payout % | -32% | -200% | -76% | 28% | 22% | 8% | 12% | 20% | 16% | 15% | 8% | 7% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 73.00% | -196.30% | 148.75% | -128.21% | 7045.45% | -39.66% | -28.85% | 14.63% | 20.21% | 252.43% | -8.47% |
| Change in YoY Net Profit Growth (%) | 0.00% | -269.30% | 345.05% | -276.96% | 7173.66% | -7085.11% | 10.81% | 43.48% | 5.58% | 232.22% | -260.91% |
Jindal Saw Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 12% |
| 3 Years: | 16% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 42% |
| 5 Years: | 24% |
| 3 Years: | 62% |
| TTM: | -7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 45% |
| 3 Years: | 66% |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 12% |
| 3 Years: | 15% |
| Last Year: | 16% |
Last Updated: September 5, 2025, 8:20 am
Balance Sheet
Last Updated: June 16, 2025, 11:53 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 55 | 58 | 61 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
| Reserves | 3,513 | 5,332 | 5,061 | 5,322 | 5,432 | 6,218 | 6,700 | 6,919 | 7,300 | 7,857 | 10,029 | 11,347 |
| Borrowings | 5,989 | 8,102 | 7,547 | 6,222 | 6,311 | 5,692 | 5,649 | 5,335 | 6,031 | 4,961 | 5,761 | 4,859 |
| Other Liabilities | 1,858 | 2,507 | 1,676 | 1,248 | 1,389 | 2,807 | 2,669 | 3,497 | 3,048 | 5,001 | 4,824 | 4,395 |
| Total Liabilities | 11,416 | 15,999 | 14,346 | 12,856 | 13,197 | 14,781 | 15,082 | 15,815 | 16,443 | 17,883 | 20,679 | 20,665 |
| Fixed Assets | 5,843 | 8,239 | 7,977 | 7,455 | 7,120 | 7,163 | 7,491 | 7,316 | 7,357 | 7,484 | 8,853 | 9,341 |
| CWIP | 343 | 531 | 254 | 102 | 126 | 260 | 423 | 404 | 293 | 300 | 632 | 641 |
| Investments | 75 | 309 | 154 | 119 | 110 | 190 | 129 | 198 | 224 | 175 | 178 | 168 |
| Other Assets | 5,155 | 6,921 | 5,961 | 5,180 | 5,840 | 7,169 | 7,039 | 7,898 | 8,570 | 9,924 | 11,016 | 10,516 |
| Total Assets | 11,416 | 15,999 | 14,346 | 12,856 | 13,197 | 14,781 | 15,082 | 15,815 | 16,443 | 17,883 | 20,679 | 20,665 |
Below is a detailed analysis of the balance sheet data for Jindal Saw Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 64.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 64.00 Cr..
- For Reserves, as of Mar 2025, the value is 11,347.00 Cr.. The value appears strong and on an upward trend. It has increased from 10,029.00 Cr. (Mar 2024) to 11,347.00 Cr., marking an increase of 1,318.00 Cr..
- For Borrowings, as of Mar 2025, the value is 4,859.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 5,761.00 Cr. (Mar 2024) to 4,859.00 Cr., marking a decrease of 902.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 4,395.00 Cr.. The value appears to be improving (decreasing). It has decreased from 4,824.00 Cr. (Mar 2024) to 4,395.00 Cr., marking a decrease of 429.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 20,665.00 Cr.. The value appears to be improving (decreasing). It has decreased from 20,679.00 Cr. (Mar 2024) to 20,665.00 Cr., marking a decrease of 14.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 9,341.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,853.00 Cr. (Mar 2024) to 9,341.00 Cr., marking an increase of 488.00 Cr..
- For CWIP, as of Mar 2025, the value is 641.00 Cr.. The value appears strong and on an upward trend. It has increased from 632.00 Cr. (Mar 2024) to 641.00 Cr., marking an increase of 9.00 Cr..
- For Investments, as of Mar 2025, the value is 168.00 Cr.. The value appears to be declining and may need further review. It has decreased from 178.00 Cr. (Mar 2024) to 168.00 Cr., marking a decrease of 10.00 Cr..
- For Other Assets, as of Mar 2025, the value is 10,516.00 Cr.. The value appears to be declining and may need further review. It has decreased from 11,016.00 Cr. (Mar 2024) to 10,516.00 Cr., marking a decrease of 500.00 Cr..
- For Total Assets, as of Mar 2025, the value is 20,665.00 Cr.. The value appears to be declining and may need further review. It has decreased from 20,679.00 Cr. (Mar 2024) to 20,665.00 Cr., marking a decrease of 14.00 Cr..
Notably, the Reserves (11,347.00 Cr.) exceed the Borrowings (4,859.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 637.00 | 946.00 | 716.00 | 671.00 | -5.00 | -4.00 | -4.00 | -4.00 | -5.00 | -3.00 | -2.00 | -1.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 96 | 91 | 83 | 71 | 83 | 67 | 59 | 73 | 50 | 73 | 60 | 62 |
| Inventory Days | 188 | 257 | 210 | 221 | 183 | 156 | 141 | 177 | 173 | 134 | 147 | 152 |
| Days Payable | 67 | 77 | 42 | 39 | 42 | 88 | 74 | 117 | 71 | 98 | 89 | 78 |
| Cash Conversion Cycle | 217 | 271 | 250 | 253 | 224 | 134 | 126 | 132 | 152 | 109 | 119 | 136 |
| Working Capital Days | 52 | 26 | 30 | 37 | 42 | 12 | -12 | -17 | -15 | 15 | 19 | 41 |
| ROCE % | 4% | 6% | 4% | 4% | 7% | 11% | 10% | 8% | 9% | 11% | 21% | 19% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HSBC Small Cap Fund - Regular Plan | 1,679,348 | 0.64 | 74.38 | 1,679,348 | 2025-04-22 17:25:30 | 0% |
| HSBC Value Fund | 1,324,530 | 0.63 | 58.66 | 1,324,530 | 2025-04-22 17:25:30 | 0% |
| HSBC Infrastructure Fund | 266,000 | 0.65 | 11.78 | 266,000 | 2025-04-22 17:25:30 | 0% |
| Nippon India Nifty Smallcap 250 Index Fund | 69,574 | 0.43 | 3.08 | 69,574 | 2025-04-22 17:25:30 | 0% |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 43,680 | 0.43 | 1.93 | 43,680 | 2025-04-22 17:25:30 | 0% |
| SBI Nifty Smallcap 250 Index Fund | 32,057 | 0.43 | 1.42 | 32,057 | 2025-04-22 17:25:30 | 0% |
| Motilal Oswal Nifty 500 Index Fund | 4,768 | 0.04 | 0.21 | 4,768 | 2025-04-22 17:25:30 | 0% |
| Edelweiss Nifty Smallcap 250 Index Fund | 1,475 | 0.43 | 0.07 | 1,475 | 2025-04-22 17:25:30 | 0% |
| Groww Nifty Total Market Index Fund | 262 | 0.04 | 0.01 | 262 | 2025-04-22 17:25:30 | 0% |
| Motilal Oswal Nifty 500 ETF | 209 | 0.04 | 0.01 | 209 | 2025-04-22 17:25:30 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 27.31 | 52.75 | 19.91 | 12.96 | 10.02 |
| Diluted EPS (Rs.) | 27.22 | 52.68 | 19.91 | 12.96 | 10.02 |
| Cash EPS (Rs.) | 31.80 | 67.60 | 28.58 | 26.55 | 24.60 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 178.43 | 292.94 | 227.62 | 214.20 | 204.51 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 178.43 | 292.94 | 227.62 | 214.20 | 204.51 |
| Revenue From Operations / Share (Rs.) | 325.70 | 655.42 | 558.79 | 415.89 | 333.49 |
| PBDIT / Share (Rs.) | 55.48 | 109.12 | 57.66 | 48.62 | 45.38 |
| PBIT / Share (Rs.) | 46.07 | 91.36 | 42.94 | 33.83 | 31.03 |
| PBT / Share (Rs.) | 36.32 | 69.32 | 22.22 | 19.44 | 15.61 |
| Net Profit / Share (Rs.) | 22.39 | 49.84 | 13.86 | 11.76 | 10.25 |
| NP After MI And SOA / Share (Rs.) | 27.18 | 52.45 | 19.78 | 11.76 | 9.97 |
| PBDIT Margin (%) | 17.03 | 16.64 | 10.31 | 11.68 | 13.60 |
| PBIT Margin (%) | 14.14 | 13.93 | 7.68 | 8.13 | 9.30 |
| PBT Margin (%) | 11.15 | 10.57 | 3.97 | 4.67 | 4.68 |
| Net Profit Margin (%) | 6.87 | 7.60 | 2.48 | 2.82 | 3.07 |
| NP After MI And SOA Margin (%) | 8.34 | 8.00 | 3.53 | 2.82 | 2.98 |
| Return on Networth / Equity (%) | 15.23 | 16.61 | 7.98 | 5.10 | 4.56 |
| Return on Capital Employeed (%) | 21.35 | 23.00 | 13.44 | 11.13 | 10.04 |
| Return On Assets (%) | 8.36 | 7.97 | 3.46 | 2.23 | 1.96 |
| Long Term Debt / Equity (X) | 0.13 | 0.20 | 0.21 | 0.24 | 0.32 |
| Total Debt / Equity (X) | 0.40 | 0.55 | 0.59 | 0.78 | 0.62 |
| Asset Turnover Ratio (%) | 0.99 | 1.07 | 1.02 | 0.71 | 0.58 |
| Current Ratio (X) | 1.45 | 1.24 | 1.11 | 1.03 | 1.06 |
| Quick Ratio (X) | 0.74 | 0.64 | 0.59 | 0.49 | 0.59 |
| Inventory Turnover Ratio (X) | 2.38 | 2.81 | 2.84 | 2.28 | 2.01 |
| Dividend Payout Ratio (NP) (%) | 7.32 | 5.68 | 10.04 | 16.91 | 19.94 |
| Dividend Payout Ratio (CP) (%) | 5.43 | 4.24 | 5.75 | 7.49 | 8.17 |
| Earning Retention Ratio (%) | 92.68 | 94.32 | 89.96 | 83.09 | 80.06 |
| Cash Earning Retention Ratio (%) | 94.57 | 95.76 | 94.25 | 92.51 | 91.83 |
| Interest Coverage Ratio (X) | 5.69 | 4.95 | 2.89 | 3.38 | 2.94 |
| Interest Coverage Ratio (Post Tax) (X) | 3.30 | 3.26 | 1.73 | 1.82 | 1.67 |
| Enterprise Value (Cr.) | 20692.01 | 17782.55 | 8481.50 | 7479.10 | 5589.17 |
| EV / Net Operating Revenue (X) | 0.99 | 0.84 | 0.47 | 0.56 | 0.52 |
| EV / EBITDA (X) | 5.83 | 5.10 | 4.60 | 4.81 | 3.85 |
| MarketCap / Net Operating Revenue (X) | 0.82 | 0.65 | 0.26 | 0.21 | 0.22 |
| Retention Ratios (%) | 92.67 | 94.31 | 89.95 | 83.08 | 80.05 |
| Price / BV (X) | 1.51 | 1.37 | 0.58 | 0.39 | 0.33 |
| Price / Net Operating Revenue (X) | 0.82 | 0.65 | 0.26 | 0.21 | 0.22 |
| EarningsYield | 0.10 | 0.12 | 0.13 | 0.13 | 0.13 |
After reviewing the key financial ratios for Jindal Saw Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. It has decreased from 2.00 (Mar 24) to 1.00, marking a decrease of 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 27.31. This value is within the healthy range. It has decreased from 52.75 (Mar 24) to 27.31, marking a decrease of 25.44.
- For Diluted EPS (Rs.), as of Mar 25, the value is 27.22. This value is within the healthy range. It has decreased from 52.68 (Mar 24) to 27.22, marking a decrease of 25.46.
- For Cash EPS (Rs.), as of Mar 25, the value is 31.80. This value is within the healthy range. It has decreased from 67.60 (Mar 24) to 31.80, marking a decrease of 35.80.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 178.43. It has decreased from 292.94 (Mar 24) to 178.43, marking a decrease of 114.51.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 178.43. It has decreased from 292.94 (Mar 24) to 178.43, marking a decrease of 114.51.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 325.70. It has decreased from 655.42 (Mar 24) to 325.70, marking a decrease of 329.72.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 55.48. This value is within the healthy range. It has decreased from 109.12 (Mar 24) to 55.48, marking a decrease of 53.64.
- For PBIT / Share (Rs.), as of Mar 25, the value is 46.07. This value is within the healthy range. It has decreased from 91.36 (Mar 24) to 46.07, marking a decrease of 45.29.
- For PBT / Share (Rs.), as of Mar 25, the value is 36.32. This value is within the healthy range. It has decreased from 69.32 (Mar 24) to 36.32, marking a decrease of 33.00.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 22.39. This value is within the healthy range. It has decreased from 49.84 (Mar 24) to 22.39, marking a decrease of 27.45.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 27.18. This value is within the healthy range. It has decreased from 52.45 (Mar 24) to 27.18, marking a decrease of 25.27.
- For PBDIT Margin (%), as of Mar 25, the value is 17.03. This value is within the healthy range. It has increased from 16.64 (Mar 24) to 17.03, marking an increase of 0.39.
- For PBIT Margin (%), as of Mar 25, the value is 14.14. This value is within the healthy range. It has increased from 13.93 (Mar 24) to 14.14, marking an increase of 0.21.
- For PBT Margin (%), as of Mar 25, the value is 11.15. This value is within the healthy range. It has increased from 10.57 (Mar 24) to 11.15, marking an increase of 0.58.
- For Net Profit Margin (%), as of Mar 25, the value is 6.87. This value is within the healthy range. It has decreased from 7.60 (Mar 24) to 6.87, marking a decrease of 0.73.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 8.34. This value is within the healthy range. It has increased from 8.00 (Mar 24) to 8.34, marking an increase of 0.34.
- For Return on Networth / Equity (%), as of Mar 25, the value is 15.23. This value is within the healthy range. It has decreased from 16.61 (Mar 24) to 15.23, marking a decrease of 1.38.
- For Return on Capital Employeed (%), as of Mar 25, the value is 21.35. This value is within the healthy range. It has decreased from 23.00 (Mar 24) to 21.35, marking a decrease of 1.65.
- For Return On Assets (%), as of Mar 25, the value is 8.36. This value is within the healthy range. It has increased from 7.97 (Mar 24) to 8.36, marking an increase of 0.39.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.13. This value is below the healthy minimum of 0.2. It has decreased from 0.20 (Mar 24) to 0.13, marking a decrease of 0.07.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.40. This value is within the healthy range. It has decreased from 0.55 (Mar 24) to 0.40, marking a decrease of 0.15.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.99. It has decreased from 1.07 (Mar 24) to 0.99, marking a decrease of 0.08.
- For Current Ratio (X), as of Mar 25, the value is 1.45. This value is below the healthy minimum of 1.5. It has increased from 1.24 (Mar 24) to 1.45, marking an increase of 0.21.
- For Quick Ratio (X), as of Mar 25, the value is 0.74. This value is below the healthy minimum of 1. It has increased from 0.64 (Mar 24) to 0.74, marking an increase of 0.10.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.38. This value is below the healthy minimum of 4. It has decreased from 2.81 (Mar 24) to 2.38, marking a decrease of 0.43.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 7.32. This value is below the healthy minimum of 20. It has increased from 5.68 (Mar 24) to 7.32, marking an increase of 1.64.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 5.43. This value is below the healthy minimum of 20. It has increased from 4.24 (Mar 24) to 5.43, marking an increase of 1.19.
- For Earning Retention Ratio (%), as of Mar 25, the value is 92.68. This value exceeds the healthy maximum of 70. It has decreased from 94.32 (Mar 24) to 92.68, marking a decrease of 1.64.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 94.57. This value exceeds the healthy maximum of 70. It has decreased from 95.76 (Mar 24) to 94.57, marking a decrease of 1.19.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 5.69. This value is within the healthy range. It has increased from 4.95 (Mar 24) to 5.69, marking an increase of 0.74.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.30. This value is within the healthy range. It has increased from 3.26 (Mar 24) to 3.30, marking an increase of 0.04.
- For Enterprise Value (Cr.), as of Mar 25, the value is 20,692.01. It has increased from 17,782.55 (Mar 24) to 20,692.01, marking an increase of 2,909.46.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.99. This value is below the healthy minimum of 1. It has increased from 0.84 (Mar 24) to 0.99, marking an increase of 0.15.
- For EV / EBITDA (X), as of Mar 25, the value is 5.83. This value is within the healthy range. It has increased from 5.10 (Mar 24) to 5.83, marking an increase of 0.73.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.82. This value is below the healthy minimum of 1. It has increased from 0.65 (Mar 24) to 0.82, marking an increase of 0.17.
- For Retention Ratios (%), as of Mar 25, the value is 92.67. This value exceeds the healthy maximum of 70. It has decreased from 94.31 (Mar 24) to 92.67, marking a decrease of 1.64.
- For Price / BV (X), as of Mar 25, the value is 1.51. This value is within the healthy range. It has increased from 1.37 (Mar 24) to 1.51, marking an increase of 0.14.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.82. This value is below the healthy minimum of 1. It has increased from 0.65 (Mar 24) to 0.82, marking an increase of 0.17.
- For EarningsYield, as of Mar 25, the value is 0.10. This value is below the healthy minimum of 5. It has decreased from 0.12 (Mar 24) to 0.10, marking a decrease of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Jindal Saw Ltd:
- Net Profit Margin: 6.87%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 21.35% (Industry Average ROCE: 15.34%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 15.23% (Industry Average ROE: 11.65%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 3.3
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.74
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 7.94 (Industry average Stock P/E: 44.38)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.4
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 6.87%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Steel - Tubes/Pipes | A-1, UPSIDC Industrial Area, Mathura District Uttar Pradesh 281403 | investors@jindalsaw.com http://www.jindalsaw.com |
| Management | |
|---|---|
| Name | Position Held |
| Mrs. Savitri Devi Jindal | Chairperson Emeritus |
| Mr. Prithavi Raj Jindal | Chairman & Non-Exe.Director |
| Ms. Sminu Jindal | Managing Director |
| Ms. Tripti Puneet Arya | Joint Managing Director |
| Ms. Shraddha Prithvi Rj | Joint Managing Director |
| Mr. Neeraj Kumar | WholeTime Director & Group CEO |
| Mr. Nitin Sharma | Whole Time Director |
| Mr. Ajit Kumar Hazarika | Independent Director |
| Mr. Girish Sharma | Independent Director |
| Mr. Abhiram Tayal | Independent Director |
| Mr. Sanjeev Shankar | Independent Director |
| Dr. Vinita Jha | Independent Director |
| Mr. Satyakam Mishra | Independent Director |
| Dr. Chandra Shekhar Agrawal | Independent Director |
FAQ
What is the intrinsic value of Jindal Saw Ltd?
Jindal Saw Ltd's intrinsic value (as of 04 November 2025) is 186.45 which is 9.68% higher the current market price of 170.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 10,902 Cr. market cap, FY2025-2026 high/low of 343/170, reserves of ₹11,347 Cr, and liabilities of 20,665 Cr.
What is the Market Cap of Jindal Saw Ltd?
The Market Cap of Jindal Saw Ltd is 10,902 Cr..
What is the current Stock Price of Jindal Saw Ltd as on 04 November 2025?
The current stock price of Jindal Saw Ltd as on 04 November 2025 is 170.
What is the High / Low of Jindal Saw Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Jindal Saw Ltd stocks is 343/170.
What is the Stock P/E of Jindal Saw Ltd?
The Stock P/E of Jindal Saw Ltd is 7.94.
What is the Book Value of Jindal Saw Ltd?
The Book Value of Jindal Saw Ltd is 178.
What is the Dividend Yield of Jindal Saw Ltd?
The Dividend Yield of Jindal Saw Ltd is 1.17 %.
What is the ROCE of Jindal Saw Ltd?
The ROCE of Jindal Saw Ltd is 19.4 %.
What is the ROE of Jindal Saw Ltd?
The ROE of Jindal Saw Ltd is 16.3 %.
What is the Face Value of Jindal Saw Ltd?
The Face Value of Jindal Saw Ltd is 1.00.