Share Price and Basic Stock Data
Last Updated: December 20, 2025, 4:15 pm
| PEG Ratio | 0.27 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Jindal Saw Ltd operates in the steel tubes and pipes industry, a sector that has witnessed fluctuating demand dynamics over recent years. The company’s revenue trajectory shows a steady upward trend, with reported sales rising from ₹13,298 Cr in FY 2022 to ₹20,958 Cr in FY 2024. This growth reflects a robust recovery post-pandemic and suggests that Jindal Saw is capitalizing on the increasing infrastructure development across India. The latest quarterly sales figures for September 2023 stood at ₹5,466 Cr, marking a significant year-on-year increase. However, the subsequent quarter’s decline to ₹5,425 Cr indicates potential seasonality or market volatility. Such trends highlight the company’s ability to adapt to changing market conditions while also showcasing its foundational strength in the industry.
Profitability and Efficiency Metrics
Profitability has been a strong suit for Jindal Saw, with the net profit for FY 2024 reported at ₹1,593 Cr, a notable increase from ₹452 Cr in FY 2023. This impressive performance is reflected in the company’s Earnings Before Interest and Taxes (EBIT) margin, which climbed to 16% for FY 2024. The Operating Profit Margin (OPM) also showed resilience, peaking at 17% in the latter half of FY 2024. The return on equity (ROE) at 16.3% and return on capital employed (ROCE) at 19.4% further demonstrate effective capital management and operational efficiency. However, the cash conversion cycle (CCC) of 136 days indicates that the company may have room for improvement in managing its working capital. This aspect will be crucial for sustaining profitability amidst fluctuating raw material costs and competitive pressures in the sector.
Balance Sheet Strength and Financial Ratios
The balance sheet of Jindal Saw reflects a solid financial foundation, with total borrowings reported at ₹4,859 Cr against reserves of ₹11,347 Cr, indicating a healthy capital structure. The company’s debt-to-equity ratio stands at a comfortable 0.40, suggesting prudent leverage levels. Moreover, the interest coverage ratio (ICR) of 5.69x highlights the company’s ability to meet its interest obligations, which is a positive sign for investors concerned about financial stability. However, a noteworthy aspect is the decline in total assets from ₹20,679 Cr in FY 2024 to ₹20,665 Cr in FY 2025, which may raise questions about asset management efficiency. Overall, Jindal Saw’s financial ratios position it favorably within the sector, though continued monitoring of asset utilization will be essential moving forward.
Shareholding Pattern and Investor Confidence
Jindal Saw’s shareholding structure reveals a stable commitment from promoters, holding 63.25% of the equity, which enhances investor confidence in the company’s governance. Foreign institutional investors (FIIs) have also shown increased interest, with their stake rising from 14.94% in March 2023 to 16.99% in March 2025. This uptick indicates a growing belief in the company’s long-term prospects among international investors. Domestic institutional investors (DIIs) have also gradually increased their holdings, reaching 4.40% by March 2025. However, the public shareholding has seen a decline, suggesting a potential consolidation among major shareholders. The increase in overall shareholder base to 1,96,760 indicates a growing retail interest, which could drive liquidity and market activity in the stock.
Outlook, Risks, and Final Insight
Looking ahead, Jindal Saw is well-positioned to leverage the ongoing infrastructure boom in India, which bodes well for demand in the steel pipes segment. However, the company faces several risks, including potential fluctuations in raw material prices and geopolitical uncertainties that could impact supply chains. The steel industry is also subject to cyclical downturns, which could affect profitability. Investors should remain vigilant about the company’s ability to maintain margins in an inflationary environment. Overall, while Jindal Saw exhibits strong fundamentals and growth potential, careful consideration of external factors and market conditions will be crucial for those looking to invest in this stock. Balancing the strengths of a solid financial performance against the backdrop of industry risks will be key in making informed investment decisions.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mukat Pipes Ltd | 16.3 Cr. | 13.8 | 22.0/11.8 | 6.21 | 0.00 % | % | % | 5.00 | |
| Hariom Pipe Industries Ltd | 1,089 Cr. | 352 | 572/301 | 17.4 | 195 | 0.17 % | 14.1 % | 11.9 % | 10.0 |
| Earthstahl & Alloys Ltd | 24.5 Cr. | 20.0 | 43.8/16.8 | 28.0 | 0.00 % | 3.58 % | 1.43 % | 10.0 | |
| Crimson Metal Engineering Company Ltd | 19.3 Cr. | 43.6 | 43.7/10.8 | 161 | 12.8 | 0.00 % | 8.11 % | 2.35 % | 10.0 |
| Welspun Corp Ltd | 20,510 Cr. | 778 | 995/664 | 11.6 | 311 | 0.64 % | 21.2 % | 18.6 % | 5.00 |
| Industry Average | 10,474.91 Cr | 507.93 | 38.10 | 163.02 | 0.44% | 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: December 15, 2025, 5:08 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 | 18,636 |
| 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 | 15,839 |
| Operating Profit | 642 | 954 | 723 | 677 | 1,041 | 1,472 | 1,511 | 1,242 | 1,399 | 1,676 | 3,326 | 3,454 | 2,797 |
| OPM % | 10% | 12% | 9% | 10% | 12% | 12% | 13% | 12% | 11% | 9% | 16% | 17% | 15% |
| Other Income | 26 | 76 | 136 | 330 | 24 | 515 | -3 | 209 | 155 | 155 | 162 | 120 | 126 |
| Interest | 392 | 606 | 679 | 569 | 579 | 615 | 620 | 493 | 460 | 642 | 705 | 623 | 636 |
| Depreciation | 321 | 335 | 328 | 337 | 363 | 396 | 422 | 459 | 473 | 470 | 568 | 602 | 612 |
| Profit before tax | -46 | 89 | -148 | 101 | 122 | 975 | 467 | 499 | 621 | 719 | 2,216 | 2,349 | 1,675 |
| 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 | 1,120 |
| 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 | 21.48 |
| 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: December 10, 2025, 2:55 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 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 55 | 58 | 61 | 64 | 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 | 12,019 |
| 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 | 5,194 |
| 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 | 3,918 |
| 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 | 21,195 |
| 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 | 9,544 |
| CWIP | 343 | 531 | 254 | 102 | 126 | 260 | 423 | 404 | 293 | 300 | 632 | 641 | 660 |
| Investments | 75 | 309 | 154 | 119 | 110 | 190 | 129 | 198 | 224 | 175 | 178 | 168 | 197 |
| 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 | 10,794 |
| 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 | 21,195 |
Below is a detailed analysis of the balance sheet data for Jindal Saw Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 64.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 64.00 Cr..
- For Reserves, as of Sep 2025, the value is 12,019.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,347.00 Cr. (Mar 2025) to 12,019.00 Cr., marking an increase of 672.00 Cr..
- For Borrowings, as of Sep 2025, the value is 5,194.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 4,859.00 Cr. (Mar 2025) to 5,194.00 Cr., marking an increase of 335.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 3,918.00 Cr.. The value appears to be improving (decreasing). It has decreased from 4,395.00 Cr. (Mar 2025) to 3,918.00 Cr., marking a decrease of 477.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 21,195.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 20,665.00 Cr. (Mar 2025) to 21,195.00 Cr., marking an increase of 530.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 9,544.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,341.00 Cr. (Mar 2025) to 9,544.00 Cr., marking an increase of 203.00 Cr..
- For CWIP, as of Sep 2025, the value is 660.00 Cr.. The value appears strong and on an upward trend. It has increased from 641.00 Cr. (Mar 2025) to 660.00 Cr., marking an increase of 19.00 Cr..
- For Investments, as of Sep 2025, the value is 197.00 Cr.. The value appears strong and on an upward trend. It has increased from 168.00 Cr. (Mar 2025) to 197.00 Cr., marking an increase of 29.00 Cr..
- For Other Assets, as of Sep 2025, the value is 10,794.00 Cr.. The value appears strong and on an upward trend. It has increased from 10,516.00 Cr. (Mar 2025) to 10,794.00 Cr., marking an increase of 278.00 Cr..
- For Total Assets, as of Sep 2025, the value is 21,195.00 Cr.. The value appears strong and on an upward trend. It has increased from 20,665.00 Cr. (Mar 2025) to 21,195.00 Cr., marking an increase of 530.00 Cr..
Notably, the Reserves (12,019.00 Cr.) exceed the Borrowings (5,194.00 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
| 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
| 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 |
|---|---|---|---|---|---|---|
| Nippon India Small Cap Fund | 7,567,590 | 0.18 | 123.18 | N/A | N/A | N/A |
| HSBC Value Fund | 5,104,196 | 0.57 | 83.08 | 1,324,530 | 2025-12-08 05:19:24 | 285.36% |
| HSBC ELSS Tax saver Fund | 1,888,200 | 0.73 | 30.73 | N/A | N/A | N/A |
| HSBC Small Cap Fund | 1,741,267 | 0.17 | 28.34 | N/A | N/A | N/A |
| Bandhan Small Cap Fund | 930,938 | 0.08 | 15.15 | N/A | N/A | N/A |
| DSP Natural Resources and New Energy Fund | 529,605 | 0.59 | 8.62 | N/A | N/A | N/A |
| JM Value Fund | 400,000 | 0.66 | 6.51 | N/A | N/A | N/A |
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) | 4.24 | 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 4.24. This value is within the healthy range. It has increased from 2.81 (Mar 24) to 4.24, marking an increase of 1.43.
- 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: 7.49 (Industry average Stock P/E: 38.1)
- 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 20 December 2025) is 186.88 which is 16.07% higher the current market price of 161.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 10,291 Cr. market cap, FY2025-2026 high/low of 308/153, reserves of ₹12,019 Cr, and liabilities of 21,195 Cr.
What is the Market Cap of Jindal Saw Ltd?
The Market Cap of Jindal Saw Ltd is 10,291 Cr..
What is the current Stock Price of Jindal Saw Ltd as on 20 December 2025?
The current stock price of Jindal Saw Ltd as on 20 December 2025 is 161.
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 308/153.
What is the Stock P/E of Jindal Saw Ltd?
The Stock P/E of Jindal Saw Ltd is 7.49.
What is the Book Value of Jindal Saw Ltd?
The Book Value of Jindal Saw Ltd is 189.
What is the Dividend Yield of Jindal Saw Ltd?
The Dividend Yield of Jindal Saw Ltd is 1.24 %.
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.