Jindal Saw Ltd.

BSE: JINDALSAW500378ISIN INE324A01032

Industrials
Iron & Steel Products
BSE 500

BSE listing

Share price

₹289.45-1.80 (-0.62%)

as of 18 Sep 2026

52W high: ₹319.95
52W low: ₹153.20
Off 52W high: -9.53%
1M return: +7.62%
3M return: +10.94%
6M return: +49.28%
1Y return: +38.29%
20D avg volume: 1,94,524
50 DMA: ₹279.46
200 DMA: ₹222.29

Key ratios Consolidated

Market cap: ₹18,511 Cr
Current price: ₹289.45
52W high / low: ₹319.95 / ₹153.20
Face value: ₹1.00
P/E: 30.82
P/B: —
EPS (TTM): ₹9.39
Book value / share: —
ROE: —
ROCE: 10.80%
Operating margin: —
Net margin: —
Debt / equity: 0.38
Net debt: ₹4,284 Cr
Interest cover: 2.71
Dividend yield: 0.69%
Dividend / share (TTM): ₹2.00
Payout: 21.30%
Cash conversion cycle: 117.0 days

About

In plain English

Jindal Saw Ltd makes large industrial pipes, like the kind used to carry oil, gas, or water over long distances. Its main products include steel pipes that meet strict industry standards, such as the API (American Petroleum Institute) certifications mentioned in its filings. Customers are typically energy companies, water utilities, and infrastructure builders who need durable, high-strength piping. The company earns money by manufacturing and selling these pipes to clients in India and other countries.

AI-generated summary, written from the company's own filings and disclosures. Every figure elsewhere on this page comes from exchange data, not from a model. See our editorial standards. Generated 14 Jul 2026.

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	4,452	4,633	4,943	4,234	4,085	5,047	5,271	55.72	4,939	5,425	5,656	5,466
	23.67	23.37	19.61	30.44	18.27	20.89	21.95	0.30	45.73	68.52	40.97	22.75
	4,328	4,482	4,618	4,091	3,739	4,602	4,655	49.66	4,402	4,828	4,997	4,993
	2,711	2,661	2,445	2,463	3,067	2,926	2,968	28.25	2,956	3,291	3,149	3,301
	0.72	0.98	0.81	0.03	1.89	0.07	0.15	0.00	7.59	4.09	0.70	11.16
	427.61	398.79	407.03	416.38	407.53	377.89	383.49	3.89	376.42	368.40	386.70	377.55
	108.43	162.70	132.81	152.91	171.14	138.77	172.86	1.58	154.19	174.42	181.19	188.74
	163.70	166.74	154.91	155.51	153.33	152.62	150.65	1.51	148.10	148.61	148.55	142.54
	942.28	1,115	1,012	1,006	865.78	982.69	1,004	10.47	993.79	934.15	1,047	1,031
	148.24	174.81	344.52	173.14	363.91	465.66	637.86	6.36	583.00	665.80	699.99	495.64
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	148.24	174.81	344.52	173.14	363.91	465.66	637.86	6.36	583.00	665.80	699.99	495.64
	52.08	47.97	99.57	44.01	-41.17	385.59	165.88	1.68	171.80	186.14	187.24	139.56
	90.79	123.68	247.62	138.56	415.47	86.92	479.38	4.75	416.43	480.37	511.68	355.55
	1.63	2.19	4.05	2.38	6.66	4.58	7.96	7.85	13.86	15.79	16.72	11.82
Key metrics
	420.37	504.25	632.24	481.56	688.38	757.05	961.37	9.45	885.29	988.83	1,030	826.92
	9.40%	10.90%	12.80%	11.40%	16.90%	15.00%	18.20%	17.00%	17.90%	18.20%	18.20%	15.10%
	2.00%	2.70%	5.00%	3.30%	10.20%	1.70%	9.10%	8.50%	8.40%	8.90%	9.00%	6.50%
	—	2.20%	—	2.20%	—	4.40%	—	—	—	—	—	—
	9.00%	-8.20%	-6.20%	7,498.00%	-17.30%	-7.00%	-6.80%	-99.00%	—	—	—	—
	-78.10%	42.30%	-48.30%	2,817.10%	-0.20%	-81.90%	-6.30%	-98.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	18,263	17,895	20,829	20,958	17,868	13,298	10,664	11,627	12,117	8,536
	97.09	91.69	118.95	168.21	178.56	152.55	208.39	109.14	146.17	156.13
	17,519	16,930	18,625	18,909	17,311	12,830	10,373	11,144	11,653	8,462
	10,280	10,636	11,675	12,647	11,164	8,166	5,946	6,398	7,090	5,146
	2.54	3.71	8.23	34.33	68.23	26.97	77.57	330.80	483.91	11.88
	1,650	1,630	1,527	1,492	1,179	1,015	896.61	939.57	914.17	757.27
	556.85	619.56	623.45	704.69	637.59	460.12	492.79	617.58	615.23	579.15
	640.86	630.49	602.06	567.99	470.78	472.99	458.87	421.67	396.28	—
	4,074	3,998	4,028	3,993	3,831	2,979	2,497	2,230	2,262	1,804
	840.71	1,056	2,323	2,216	735.50	621.47	499.28	592.36	609.71	229.95
	0.00	0.00	0.00	0.00	-25.04	0.00	0.00	-112.05	377.90	-90.81
	840.71	1,056	2,323	2,216	710.46	621.47	499.28	480.31	987.61	133.74
	243.63	150.38	890.92	622.80	267.24	245.59	171.55	5.34	211.62	133.12
	600.65	925.33	1,458	1,593	442.76	375.88	327.73	461.26	763.71	-10.97
	10.25	15.27	27.31	52.75	19.91	12.96	10.02	17.78	26.97	—
Key metrics
	2,038	2,306	3,548	3,489	1,819	1,555	1,451	1,520	1,999	712.89
	11.16%	12.90%	17.00%	16.60%	10.20%	11.70%	13.60%	13.10%	16.50%	8.40%
	3.29%	5.20%	7.00%	7.60%	2.50%	2.80%	3.10%	4.00%	6.30%	-0.10%
	—	10.80%	21.40%	—	—	—	—	—	—	—
	—	-14.10%	-0.60%	17.30%	34.40%	24.70%	-8.30%	-4.00%	42.00%	—
	—	-36.50%	-8.50%	259.80%	17.80%	14.70%	-28.90%	-39.60%	7,061.80%	—
	—	695.36	1,304	—	—	—	—	—	—	—
	—	1.91	1.60	—	—	—	—	—	—	—
	—	0.38	0.44	—	—	—	—	—	—	—
	—	4,284	4,204	—	—	—	—	—	—	—
	—	117.0	104.5	—	—	—	—	—	—	—
Balance sheet
	—	21,686	20,779	—	—	—	—	—	—	—
	—	9,973	10,105	—	—	—	—	—	—	—
	—	406.72	655.42	—	—	—	—	—	—	—
	—	3,094	3,564	—	—	—	—	—	—	—
	—	5,267	4,921	—	—	—	—	—	—	—
	—	752.06	710.48	—	—	—	—	—	—	—
	—	10,344	9,275	—	—	—	—	—	—	—
	—	2,623	2,522	—	—	—	—	—	—	—
	—	6,188	6,983	—	—	—	—	—	—	—
	—	4,691	4,859	—	—	—	—	—	—	—
	—	2,567	3,076	—	—	—	—	—	—	—
	—	2,124	1,783	—	—	—	—	—	—	—
	—	12,283	10,954	—	—	—	—	—	—	—
Cash flow
	—	1,771	2,335	—	—	—	—	—	—	—
	—	-955.38	-898.83	—	—	—	—	—	—	—
	—	-1,073	-1,524	—	—	—	—	—	—	—
	—	1,076	1,031	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	3,721	3,818	4,129	3,372	3,300	4,401	4,474	4,724	4,337	4,919	4,718	4,561
	34.22	33.26	27.49	37.20	26.45	48.36	47.27	65.73	80.18	87.30	67.19	50.20
	3,611	3,695	3,855	3,304	3,020	3,814	3,895	4,165	3,816	4,296	4,167	4,137
	2,388	2,286	2,102	2,057	2,709	2,587	2,601	2,461	2,667	3,019	2,722	2,859
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	312.10	295.44	303.74	318.01	312.57	300.00	303.28	303.35	284.43	281.32	286.09	280.64
	70.72	127.30	103.49	108.35	131.01	99.14	136.35	130.83	122.03	142.72	149.06	159.89
	125.30	129.47	121.63	121.72	121.62	121.89	119.34	119.33	118.93	119.50	121.89	117.03
	763.47	850.10	790.42	766.49	662.67	652.10	784.68	838.49	830.95	776.33	795.64	808.01
	145.01	156.29	301.94	104.75	306.98	635.31	626.37	624.96	601.28	710.33	618.92	474.37
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	145.01	156.29	301.94	104.75	306.98	635.31	626.37	624.96	601.28	710.33	618.92	474.37
	35.24	42.31	75.17	25.46	56.96	161.06	149.21	148.05	155.13	181.26	166.59	126.13
	109.77	113.98	226.77	79.29	363.94	474.25	477.16	476.91	446.15	529.07	452.33	348.24
	1.72	1.79	3.56	1.24	5.71	7.45	7.50	7.49	14.02	16.64	14.23	10.95
Key metrics
	341.03	413.06	527.06	334.82	559.61	856.34	882.06	875.12	842.24	972.55	889.87	751.29
	9.20%	10.80%	12.80%	9.90%	17.00%	19.50%	19.70%	18.50%	19.40%	19.80%	18.90%	16.50%
	2.90%	3.00%	5.50%	2.40%	11.00%	10.80%	10.70%	10.10%	10.30%	10.80%	9.60%	7.60%
	—	2.00%	—	1.50%	—	5.40%	—	—	—	—	—	—
	12.80%	-13.20%	-7.70%	-28.60%	-23.90%	-10.50%	-5.20%	3.60%	—	—	—	—
	-69.80%	-76.00%	-52.50%	-83.40%	-18.40%	-10.40%	5.50%	36.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	15,041	14,620	17,936	17,962	15,282	11,022	8,632	10,129	9,829	7,335
	132.17	124.40	241.54	271.00	420.74	221.13	277.99	198.72	221.10	220.97
	14,465	13,875	15,690	16,045	14,779	10,599	8,403	9,601	9,312	6,967
	8,833	9,154	10,317	11,138	9,780	6,843	5,156	5,716	5,915	4,505
	0.00	0.00	0.00	18.26	66.60	17.19	22.41	293.47	469.77	—
	1,229	1,230	1,191	1,120	877.04	770.31	685.37	656.30	577.17	513.36
	409.86	470.15	488.35	585.81	529.09	369.20	404.33	515.57	496.11	415.11
	498.12	494.44	479.49	452.02	373.75	371.77	345.98	310.38	281.42	256.17
	3,170	3,070	3,106	3,173	3,177	2,488	1,858	1,842	1,686	1,450
	707.99	869.96	2,488	2,188	924.50	644.16	506.77	726.43	739.00	588.39
	0.00	0.00	0.00	—	—	-7.05	—	-134.83	—	—
	707.99	869.96	2,488	2,188	924.50	637.11	506.77	591.60	739.00	588.39
	178.18	85.98	613.45	574.18	215.18	231.62	177.72	2.86	240.91	194.09
	529.81	783.98	1,874	1,614	709.32	405.49	329.05	594.46	500.07	385.79
	8.31	12.30	29.44	50.77	22.33	12.76	10.34	18.59	15.58	—
Key metrics
	1,616	1,835	3,456	3,226	1,827	1,378	1,257	1,418	1,517	1,260
	10.74%	12.50%	19.30%	18.00%	12.00%	12.50%	14.60%	14.00%	15.40%	17.20%
	3.52%	5.40%	10.50%	9.00%	4.60%	3.70%	3.80%	5.90%	5.10%	5.30%
	—	9.40%	22.00%	—	—	—	—	—	—	—
	—	-18.50%	-0.10%	17.50%	38.60%	27.70%	-14.80%	3.00%	34.00%	—
	—	-58.20%	16.10%	127.60%	74.90%	23.20%	-44.60%	18.90%	29.60%	—
	—	776.89	908.00	—	—	—	—	—	—	—
	—	2.09	0.99	—	—	—	—	—	—	—
	—	0.22	0.26	—	—	—	—	—	—	—
	—	2,518	2,532	—	—	—	—	—	—	—
	—	117.2	99.2	—	—	—	—	—	—	—
Balance sheet
	—	19,549	18,992	—	—	—	—	—	—	—
	—	8,140	8,295	—	—	—	—	—	—	—
	—	237.71	513.81	—	—	—	—	—	—	—
	—	2,546	3,015	—	—	—	—	—	—	—
	—	4,545	4,182	—	—	—	—	—	—	—
	—	764.87	472.42	—	—	—	—	—	—	—
	—	8,279	7,733	—	—	—	—	—	—	—
	—	2,399	2,323	—	—	—	—	—	—	—
	—	5,367	5,450	—	—	—	—	—	—	—
	—	2,756	3,046	—	—	—	—	—	—	—
	—	2,189	2,446	—	—	—	—	—	—	—
	—	566.48	599.24	—	—	—	—	—	—	—
	—	12,593	11,938	—	—	—	—	—	—	—
Cash flow
	—	1,638	1,855	—	—	—	—	—	—	—
	—	-1,022	-302.59	—	—	—	—	—	—	—
	—	-892.09	-1,519	—	—	—	—	—	—	—
	—	861.27	947.07	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -1.47%
Sales CAGR 5Y: +11.11%
Sales CAGR 10Y: —
Profit CAGR 3Y: +3.39%
Profit CAGR 5Y: +18.96%
Profit CAGR 10Y: —
Sales YoY (TTM): -11.00%
Profit YoY (TTM): -70.44%

Consolidated

Sales CAGR 3Y: +0.05%
Sales CAGR 5Y: +10.91%
Sales CAGR 10Y: —
Profit CAGR 3Y: +27.85%
Profit CAGR 5Y: +23.07%
Profit CAGR 10Y: —
Sales YoY (TTM): +26.31%
Profit YoY (TTM): -39.11%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 63.25%

Holder	Type	Holding	Previous	Change
NALWA SONS INVESTMENTS LIMITED	Promoter Group	16.75%	—	—
FOUR SEASONS INVESTMENTS LIMITED	Promoter Group	13.61%	—	—
SIDDESHWARI TRADEX PRIVATE LIMITED	Promoter Group	11.69%	—	—
KAPEESH INVESTMENTS LIMITED	Promoter Group	9.42%	—	—
OPJ TRADING PRIVATE LIMITED	Promoter Group	2.43%	—	—
Theleme India Master Fund Limited	Public	2.26%	—	—
VIRTUOUS TRADECORP PRIVATE LIMITED	Promoter Group	2.01%	—	—
HSBC MUTUAL FUND - HSBC VALUE FUND	Public	1.92%	—	—
DIVINO MULTIVENTURES PRIVATE LIMITED	Promoter Group	1.67%	—	—
MAHINDRA MANULIFE MULTI CAP FUND	Public	1.57%	—	—
SBI LIFE INSURANCE CO. LTD	Public	1.33%	—	—
PRJ FAMILY MANAGEMENT COMPANY PRIVATE LIMITED AS TRUSTEE OF PRJ HOLDINGS PRIVATE TRUST	Promoter Group	1.27%	—	—
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDI	Public	1.25%	—	—
JSL LIMITED	Promoter Group	0.65%	—	—
ESTRELA INVESTMENT COMPANY LIMITED	Promoter Group	0.59%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

as attached26 Aug 2026 · Company Update / Analyst / Investor Meet
as attached24 Aug 2026 · Company Update / Analyst / Investor Meet
as attached23 Jul 2026 · Company Update / Analyst / Investor Meet
as attached22 Jul 2026 · Company Update / Earnings Call Transcript
as attached17 Jul 2026 · Company Update / Analyst / Investor Meet
as attached17 Jul 2026 · Company Update / Analyst / Investor Meet
as attached16 Jul 2026 · Company Update / Analyst / Investor Meet
as attached15 Jul 2026 · Company Update / Analyst / Investor Meet
as attached14 Jul 2026 · Company Update / General
as attached14 Jul 2026 · Company Update / General
as attached14 Jul 2026 · Board Meeting / Outcome of Board Meeting
as attached14 Jul 2026 · Result / Financial Results
as attached10 Jul 2026 · Company Update / Change in Management
as attached10 Jul 2026 · Company Update / Analyst / Investor Meet
as attached7 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Jindal Saw Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/07/2026 ,inter alia, to consider and approve as attached7 Jul 2026 · Board Meeting / Board Meeting
as attached26 Jun 2026 · Company Update / Credit Rating
as attached25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
details are attached25 Jun 2026 · Company Update / General
as attached24 Jun 2026 · Company Update / Analyst / Investor Meet
as attached24 Jun 2026 · Company Update / Analyst / Investor Meet
as attached23 Jun 2026 · Company Update / Analyst / Investor Meet
as attached18 Jun 2026 · Company Update / Analyst / Investor Meet
as attached18 Jun 2026 · Company Update / Analyst / Investor Meet
as attached16 Jun 2026 · Company Update / Analyst / Investor Meet
as attached16 Jun 2026 · Company Update / Analyst / Investor Meet
Minutes of AGM15 Jun 2026 · Company Update / General
as attached12 Jun 2026 · Company Update / Analyst / Investor Meet
as attached9 Jun 2026 · Company Update / Analyst / Investor Meet
as attached9 Jun 2026 · Company Update / Analyst / Investor Meet
as attached5 Jun 2026 · Company Update / Analyst / Investor Meet
as attached4 Jun 2026 · Company Update / Analyst / Investor Meet
as attached2 Jun 2026 · Company Update / Analyst / Investor Meet
Scrutinizer Report2 Jun 2026 · AGM/EGM / AGM
as attached1 Jun 2026 · Company Update / Analyst / Investor Meet
PROCEEDINGS OF 41st AGM of Jindal Saw Limited29 May 2026 · AGM/EGM / AGM
as attached25 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
as attached22 May 2026 · Company Update / Analyst / Investor Meet
as attached22 May 2026 · Company Update / Analyst / Investor Meet
as attached22 May 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.0000	22 May 2026	22 May 2026	—
Final Dividend - Rs. - 2.0000	5 Jun 2025	5 Jun 2025	—
E.G.M.	29 Nov 2024	—	—
Stock Split From Rs.2/- to Rs.1/-	9 Oct 2024	9 Oct 2024	—
E.G.M.	13 Sep 2024	—	—