Jindal Saw Ltd (JINDALSAW)
₹228.05
Mkt cap
₹14,584 Cr
P/E ratio
26.60
P/B
1.16
Div yield
0.88%
ROE
8.20%
ROCE
10.40%
EPS (TTM)
₹8.57
Book value
₹197
52W range
153–320
Sector
Industrials
Price history
Previous close
Jindal Saw Ltd manufactures LSAW pipes, HSAW pipes, DI pipes, seamless pipes and pellets. [1]
NSE JINDALSAWBSE 500378
Health check
Mixed
ValuationFair
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−28.73% from high₹228
₹153+49.05% from low₹320
Current
₹228.05
Prev close
₹237.60
Day
−4.02%
Price performance
1D
−4.04%
1W
−1.79%
1M
−17.90%
3M
−10.34%
6M
−0.78%
1Y
+21.85%
YTD
+33.69%
Financials
Revenue, profit & margin
P/E ratio
26.6×
JINDALSAW is 28% above the sector median of 20.9×
JINDALSAW26.6×
Sector median20.9×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,466 | 5,656 | 5,425 | 4,939 | 5,572 | 5,271 | 5,047 | 4,085 | 4,234 | 4,943 | 4,633 | 4,452 | 4,472 | |
| Expenses | 4,663 | 4,668 | 4,505 | 4,100 | 4,658 | 4,332 | 4,310 | 3,415 | 3,782 | 4,331 | 4,156 | 4,061 | 4,214 | |
| Operating Profit | 804 | 988 | 920 | 840 | 914 | 939 | 736 | 670 | 451 | 613 | 478 | 391 | 258 | |
| OPM % | 15% | 17% | 17% | 17% | 16% | 18% | 15% | 16% | 11% | 12% | 10% | 9% | 6% | |
| Other Income | 22 | 40 | 69 | 51 | 37 | 29 | 28 | 29 | 40 | 22 | 23 | 24 | 51 | |
| Interest | 189 | 182 | 174 | 154 | 158 | 173 | 139 | 171 | 153 | 133 | 163 | 108 | 125 | |
| Depreciation | 141 | 147 | 149 | 148 | 151 | 151 | 153 | 153 | 156 | 155 | 167 | 164 | 169 | |
| Profit before tax | 496 | 700 | 667 | 588 | 643 | 645 | 473 | 374 | 183 | 347 | 172 | 143 | 14 | |
| Tax % | 28% | 27% | 28% | 29% | 26% | 26% | 82% | -11% | 24% | 29% | 28% | 36% | -145% | |
| Net Profit | 356 | 512 | 480 | 416 | 475 | 479 | 87 | 415 | 139 | 248 | 124 | 91 | 35 | |
| EPS in Rs | 5.90 | 8.34 | 7.85 | 6.90 | 7.81 | 7.92 | 4.55 | 6.63 | 2.38 | 4.03 | 2.18 | 1.63 | 0.74 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.01% · closed higher next day 25 of last 64
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 17 Jan '24 | 8 May '24 | 30 Jul '24 | 18 Oct '24 | 24 Jan '25◦ | 2 May '25◦ | 5 Aug '25 | 17 Oct '25 | 16 Jan '26◦ | 27 Apr '26◦ | 14 Jul '26 | 16 Oct '26◦ |
| Earnings day | +0.19% | −6.32% | +5.63% | −5.93% | −6.45% | −4.10% | +0.43% | −5.29% | +15.94% | −1.99% | −3.63% | −1.97% |
| +1 day | −2.55% | −8.06% | +7.74% | −8.83% | −8.07% | −7.26% | −2.32% | −7.29% | +20.80% | −6.27% | −4.86% | −10.33% |
| +5 days | −5.49% | −3.55% | +0.07% | −16.67% | −1.83% | −11.07% | −5.48% | −10.54% | +15.23% | −1.20% | −2.36% | −18.80% |
| +15 days | +3.58% | −3.20% | +9.06% | −17.08% | −5.47% | −12.05% | −5.15% | −14.47% | +25.81% | −10.45% | −1.56% | — |
| +30 days | −8.13% | −0.52% | +13.08% | −12.54% | +3.74% | −2.57% | −0.60% | −18.02% | +9.38% | −8.84% | +4.90% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 2 Per Share | 2.00 | 22 May '26 | 22 May '26 |
Shareholding
as of Sep 202663.24%Promoter
Promoters63.24%
FIIs11.32%1.76
DIIs10.89%2.53
Public14.27%0.76
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Welspun Corp | ₹2,341.60 | 26.08 | 61,769 | 0.21% | 495 | +13.39% | 4,644 | +6.18% | 22.89% |
| APL Apollo Tubes | ₹2,165.10 | 45.89 | 60,116 | 0.39% | 382 | +26.82% | 7,002 | +26.58% | 31.75% |
| Shyam Metalics | ₹1,162.90 | 28.90 | 32,460 | 0.39% | 351 | +18.11% | 5,455 | +23.45% | 13.01% |
| Ratnamani Metals | ₹2,319.30 | 37.05 | 16,256 | 0.43% | 107 | −37.67% | 972 | −15.63% | 17.91% |
| Jindal Saw | ₹228.05 | 26.58 | 14,584 | 0.88% | 35 | −69.03% | 4,472 | +5.63% | 10.43% |
| Usha Martin | ₹445.90 | 24.93 | 13,588 | 0.84% | 142 | +40.67% | 1,033 | +16.44% | 19.47% |
| Gallantt Ispat L | ₹558.05 | 33.05 | 13,465 | 0.36% | 61 | −31.96% | 1,146 | +13.15% | 18.16% |
| Median: 89 Co. | ₹162.40 | 20.86 | 950 | 0.00% | 17 | +28.15% | 232 | +17.12% | 13.62% |
Filings
Annual reports15
Concall transcripts51
TranscriptOct 2026RECOct 2026TranscriptJul 2026RECJul 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptOct 2024RECOct 2024TranscriptAug 2024RECAug 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 OctAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript 22 OctAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 OctAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 19 Oct - Audio recording of Q2FY27 results conference call held on October 19, 2026, is available on website.Financial Highlights 16 Oct - Jindal Saw approved Q2/H1 FY27 results; revenue rose, EBITDA fell, and UAE/KSA pipe projects progressed.






