JINDALSAW - Jindal Saw Ltd. Share Price

Industrial Products

₹262.45+5.70(+2.22%)

Market Open as of Apr 28, 2025, 12:31 IST

What does Jindal Saw Ltd. do?

Iron & Steel Products•Capital Goods•Small Cap

Jindal Saw Limited engages in the manufacture and supply of iron and steel pipes and pellets in India and internationally. It operates through Iron and Steel Products and Others segments. The company offers SAW pipes used for energy transportation in the oil and gas sector, including water and slurry transportation; ductile iron pipes and fittings for water and waste-water transportation sectors; carbon, alloy, and stainless steel seamless and welded pipes and tubes for use in petroleum, exploration, sugar, steel, bearing, automotive general engineering, power, and process industries; operates iron ore mine and pellet plant. It provides precision stainless steel strips and soft magnetic nickel alloys for use in the production of textile machinery, clocks, watches, and electrical equipment; anti corrosion and protective coating; double chamber pipes; foam coated pipes; weld-on connector casings; bends and flanges; pipes and tubes for general mechanical engineering applications; and line pipe, process pipe, oil country tubular goods products, and non-welded pipes. In addition, the company is involved in the transshipment and waterborne transportation businesses; and provision of inland shipping, business process outsourcing, call center and advisory, helical anchor manufacturing, property holding, and tools and fittings products. Jindal Saw Limited was incorporated in 1984 and is based in New Delhi, India.

Industry Group:Industrial Products

Employees:7,517

Website:www.jindalsaw.com

Summary of Latest Earnings Report from Jindal Saw

Summary of Jindal Saw's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated: Feb 25

The management of Jindal Saw Limited provided an optimistic outlook, emphasizing margin improvement, strategic CAPEX expansion, and geographic diversification to drive growth. Key highlights include:

Financial Performance:
- Q3FY25 revenue stood at Rs.4,521 crore, with EBITDA at Rs.882 crore (19.5% margin), reflecting a shift toward high-margin products (seamless pipes, stainless steel, DI pipes).
- Net debt reduced to below Rs.930 crore (net worth ~Rs.10,000 crore), with financial charges declining YoY.
Growth Drivers:
- Capacity Expansion: Doubling seamless pipe capacity (Nasik plant) by mid-2025; new coke oven battery to cut costs and boost power generation.
- International Expansion: Exploring projects in the MENA region (oil, gas, water sectors) and domestic backward/forward integration.
- Order Book: Stable at ~22% exports (MENA-focused), with large orders deferred to Q4.
Market Outlook:
- Domestic: Expects budget-led infrastructure push (central/state projects) to offset recent slowdown in Jal Jeevan Mission.
- Exports: MENA stability and US oil/gas policies to boost demand. East India's KG Basin drilling offers growth potential.
Margins & Costs:
- EBITDA margins to sustain 17.5"“20% due to premium product mix.
- Cost efficiencies from new coke plant, PCI technology, and waste-heat recovery systems.
Risks & Mitigation:
- Raw material price volatility managed via natural forex hedges (exports cover import costs).
- Debt-equity ratio to remain conservative despite planned CAPEX.

The company aims to leverage strong liquidity and operational efficiency for next-phase growth, targeting higher revenue orbits through capacity additions and strategic projects.

Q&A Session

Last updated: Feb 25

Question 1: "My first question would be, as you talk about the expansion plans particularly one in the MENA region. Could you highlight which segment would that be focused on, whether we're looking at the oil and gas end user market or the water transportation segment?"
Answer: The MENA expansion targets both oil & gas and water sectors. Proposals are under evaluation, with project contours (domestic/international) to be finalized within 6 months. Announcements are expected by Q1 FY26.

Question 2: "Any thoughts on taking up any project on the backward integration side?"
Answer: Value-addition projects involving backward/forward integration are under consideration, but specifics will be shared once plans mature.

Question 3: "Could you just explain [FOREX hedge] again...?"
Answer: Exports (27-28% of revenue) provide natural hedging against raw material import costs. No long-term forex debt ensures minimal volatility impact, with rupee depreciation trends favoring export earnings.

Question 4: "I wanted to clarify...quantum of [deferred] order...and revenues slipped into Q4."
Answer: Large export orders and delayed shipments shifted to Q4, but exact figures weren't disclosed. Details will be clarified in the next earnings update.

Question 5: "Order book mix...state vs. central-funded projects?"
Answer: Over 50% of domestic revenue comes from water projects (state/central combined). Detailed split requires follow-up via email.

Question 6: "CAPEX funding and debt-equity ratio impact?"
Answer: Projects will maintain conservative debt-equity ratios (~10,000 crore net worth) to preserve credit ratings. Debt will align with revenue growth from expansions.

Question 7: "DI plant utilization and pricing trends?"
Answer: DI plants operate at ~80% capacity, with stable pricing and healthy order visibility. No material pricing pressure is expected due to balanced demand-supply.

Question 8: "Stainless steel and DI volume details?"
Answer: Stainless steel output reached 5,000 tons/qtr (annual target: 15K"“25K tons). DI production was 175,000 tons last quarter, with incremental growth expected.

Question 9: "Impact of new industry capacity (e.g., Welspun, Jai Balaji)?"
Answer: New entrants like Welspun in DI won't disrupt demand-supply balance. Jai Balaji's capacity is distant and quality concerns limit near-term impact.

Question 10: "US subsidiary growth drivers?"
Answer: The US coating unit benefits from oil/gas pipeline demand and proximity to Houston. Increased drilling activity post-US policy shifts will boost margins.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Share Holdings

Understand Jindal Saw ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
NALWA SONS INVESTMENTS LIMITED	16.75%
FOUR SEASONS INVESTMENTS LIMITED	13.61%
SIDDESHWARI TRADEX PRIVATE LIMITED	11.69%
SIGMA TECH INC	9.42%
OPJ TRADING PRIVATE LIMITED	2.43%
HSBC INFRASTRUCTURE FUND	2.28%
VIRTUOUS TRADECORP PRIVATE LIMITED	2.01%
DIVINO MULTIVENTURES PRIVATE LIMITED	1.67%
PRJ FAMILY MANAGEMENT COMPANY PRIVATE LIMITED AS TRUSTEE OF PRJ HOLDINGS PRIVATE TRUST	1.27%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDI	1.23%
THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUST	1.12%
JSL LIMITED	0.65%
ESTRELA INVESTMENT COMPANY LIMITED	0.59%
TEMPLAR INVESTMENTS LIMITED	0.58%
NACHO INVESTMENTS LIMITED	0.57%
MENDEZA HOLDINGS LIMITED	0.57%
DEEPIKA JINDAL	0.49%
SHRADDHA PRITHVI RJ	0.28%
INDRESH BATRA	0.21%
MEREDITH TRADERS PVT LTD	0.14%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Cash Flow for Jindal Saw

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	9.7%	580	529	369
Change in inventories	-95.1%	-546.54	-279.71	-617.34
Depreciation	20.9%	452	374	372
Unrealised forex losses/gains	-50%	-6.23	-3.82	7.05
Adjustments for interest income	-11.9%	156	177	186
Share-based payments	643.2%	45	6.92	6.14
Net Cashflows from Operations	62.3%	2,395	1,476	330
Income taxes paid (refund)	87.6%	258	138	138
Net Cashflows From Operating Activities	59.8%	2,137	1,338	191
Cashflows used in obtaining control of subsidiaries	7707.1%	1,094	15	144
Proceeds from sales of PPE	43.1%	11	7.99	7.02
Purchase of property, plant and equipment	306.2%	793	196	330
Purchase of other long-term assets	-	4.46	0	0
Cash receipts from repayment of advances and loans made to other parties	46.3%	200	137	120
Interest received	-25.8%	24	32	11
Other inflows (outflows) of cash	-22.9%	0.14	0.3	57
Net Cashflows From Investing Activities	-3330.9%	-1,657.17	-47.33	-287.6
Proceeds from borrowings	243.5%	1,000	-695.4	1,221
Repayments of borrowings	7.9%	385	357	597
Payments of lease liabilities	-91.3%	7.29	73	54
Dividends paid	59.7%	100	63	63
Interest paid	11.2%	556	500	345
Other inflows (outflows) of cash	-	8	0	0
Net Cashflows from Financing Activities	97.6%	-40.32	-1,688.71	161
Effect of exchange rate on cash eq.	6.6%	0.15	0.09	0
Net change in cash and cash eq.	210%	440	-398.2	65

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	9.6%	699	638	460
Change in inventories	-122.5%	-695.58	-312.13	-818.4
Depreciation	20.6%	568	471	473
Unrealised forex losses/gains	-1125.4%	-7.21	0.33	7.05
Dividend income	-	0.2	0	0
Adjustments for interest income	-13.7%	83	96	112
Share-based payments	-	45	0	0
Net Cashflows from Operations	62.4%	2,889	1,779	227
Income taxes paid (refund)	84.4%	296	161	154
Net Cashflows From Operating Activities	60.4%	2,593	1,617	73
Cashflows used in obtaining control of subsidiaries	-	1,094	0	0
Proceeds from sales of PPE	-88.4%	11	87	101
Purchase of property, plant and equipment	168.5%	863	322	453
Proceeds from sales of long-term assets	-	55	0	0
Purchase of other long-term assets	-	55	0	0
Cash receipts from repayment of advances and loans made to other parties	-98.5%	3.39	163	224
Dividends received	-	0.2	0	0
Interest received	-28.1%	42	58	25
Other inflows (outflows) of cash	94%	0	-15.55	-23.6
Net Cashflows From Investing Activities	-2595.9%	-1,917.38	-70.16	-191.31
Proceeds from borrowings	277.8%	1,273	-714.49	1,325
Repayments of borrowings	-2.2%	496	507	727
Payments of lease liabilities	-60.7%	25	62	0
Dividends paid	59.7%	100	63	63
Interest paid	6.9%	665	622	433
Net Cashflows from Financing Activities	99.3%	-12.39	-1,968.48	61
Effect of exchange rate on cash eq.	-155.2%	0.36	2.16	1.54
Net change in cash and cash eq.	257.8%	664	-419.06	-55.29

Investor Care
Dividend Yield	1.17%
Dividend/Share (TTM)	3.5
Shares Dilution (1Y)	0.45%
Diluted EPS (TTM)	26.59

Financial Health
Current Ratio	1.26
Debt/Equity	0.55
Debt/Cashflow	46.92

Balance Sheet for Jindal Saw

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-10.9%	428	480	57	41	31	439
Current investments	-14.9%	0	0.13	0.22	0	0	0
Loans, current	-29.9%	950	1,355	1,346	1,446	1,315	1,315
Total current financial assets	-6.2%	4,603	4,905	4,087	4,688	3,446	3,295
Inventories	10.6%	4,390	3,970	4,093	3,351	3,768	3,071
Current tax assets	-	0	0	-	0	62	57
Total current assets	1.5%	9,572	9,428	8,885	8,584	8,001	7,068
Property, plant and equipment	-0.4%	7,240	7,271	7,077	5,813	5,684	5,845
Capital work-in-progress	38.5%	749	541	353	206	189	166
Goodwill	0%	61	61	0	0	0	0
Non-current investments	2.5%	1,212	1,182	1,297	1,270	1,051	1,025
Loans, non-current	42.7%	2.37	1.96	2.46	2.78	3.2	125
Total non-current financial assets	2.7%	1,300	1,266	1,489	1,445	1,121	1,273
Total non-current assets	2.8%	9,579	9,321	9,180	7,572	7,394	7,493
Total assets	2.1%	19,151	18,749	18,065	16,156	15,395	14,561
Borrowings, non-current	-51.2%	643	1,317	1,746	883	1,027	1,165
Total non-current financial liabilities	-50.1%	672	1,346	1,775	912	1,056	1,194
Provisions, non-current	-96.9%	1.49	17	8.73	27	11	38
Total non-current liabilities	-30.4%	1,617	2,323	2,580	1,828	1,781	1,938
Borrowings, current	27%	3,317	2,611	2,691	2,375	3,454	3,178
Total current financial liabilities	6.2%	5,964	5,618	5,364	5,424	5,627	4,711
Provisions, current	-3.1%	96	99	80	84	85	84
Current tax liabilities	-	80	0	58	57	0	10
Total current liabilities	5%	6,545	6,235	6,278	6,188	6,093	5,134
Total liabilities	-4.6%	8,162	8,558	8,858	8,016	7,874	7,072
Equity share capital	0%	64	64	64	64	64	64
Total equity	7.8%	10,989	10,191	9,207	8,140	7,521	7,489
Total equity and liabilities	2.1%	19,151	18,749	18,065	16,156	15,395	14,561

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-99.4%	5.11	741	141	78	119	497
Current investments	-136.3%	0.01	3.73	4.24	4.93	9.72	10
Loans, current	-100.8%	0.54	61	90	92	68	65
Total current financial assets	-99%	45	4,459	3,553	3,897	2,649	2,578
Inventories	-99%	50	4,895	4,706	4,105	4,589	3,756
Current tax assets	-100.8%	0.34	79	62	52	103	89
Total current assets	-99%	105	10,304	9,444	8,906	8,233	7,324
Property, plant and equipment	-99%	88	8,786	8,524	7,364	7,347	7,347
Capital work-in-progress	-98.8%	8.64	632	464	300	316	293
Goodwill	-100.6%	0.61	61	0	0	0	0
Non-current investments	-99.7%	1.46	174	247	246	239	213
Loans, non-current	-100.2%	0.86	81	60	59	70	198
Total non-current financial assets	-99.6%	3.63	713	1,081	1,178	1,194	1,269
Total non-current assets	-99%	106	10,718	10,809	9,350	9,500	9,527
Total assets	-99%	211	21,022	20,253	18,256	17,733	16,850
Borrowings, non-current	-99.3%	16	2,273	2,771	1,947	2,142	2,055
Total non-current financial liabilities	-99.3%	16	2,305	2,801	1,977	2,171	2,084
Provisions, non-current	-102.2%	0.22	36	28	44	28	52
Total non-current liabilities	-99.2%	26	3,329	3,651	2,935	2,936	2,862
Borrowings, current	-98.9%	39	3,488	3,403	2,974	4,052	3,976
Total current financial liabilities	-99%	68	6,722	6,365	6,287	6,520	5,803
Provisions, current	-99.9%	1.08	111	91	96	97	95
Current tax liabilities	-100.2%	0.89	54	101	106	43	26
Total current liabilities	-99%	84	8,326	8,255	8,043	7,954	7,139
Total liabilities	-99.1%	110	11,654	11,906	10,978	10,890	10,001
Equity share capital	-100.6%	0.64	64	64	64	64	64
Non controlling interest	98.8%	-7.75	-726.18	-684.38	-644.47	-513.84	-515.04
Total equity	-98.9%	101	9,367	8,347	7,278	6,843	6,849
Total equity and liabilities	-99%	211	21,022	20,253	18,256	17,733	16,850

Income Statement for Jindal Saw

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	17.5%	17,962	15,282	11,022	8,632	10,129	9,829
Other Income	-35.7%	271	421	221	278	199	221
Total Income	16.1%	18,233	15,703	11,243	8,910	10,327	10,051
Cost of Materials	13.9%	11,138	9,780	6,843	5,156	5,716	5,915
Purchases of stock-in-trade	-74.2%	18	67	17	22	293	470
Employee Expense	27.7%	1,120	877	770	685	656	577
Finance costs	10.8%	586	529	369	404	516	496
Depreciation and Amortization	20.9%	452	374	372	346	310	281
Other expenses	-0.1%	3,173	3,177	2,488	1,858	1,842	1,686
Total Expenses	8.6%	16,045	14,779	10,599	8,403	9,601	9,312
Profit Before exceptional items and Tax	136.9%	2,188	924	644	507	726	739
Exceptional items before tax	-	0	0	-7.05	0	-134.83	0
Total profit before tax	136.9%	2,188	924	637	507	592	739
Current tax	7.2%	195	182	229	159	255	221
Deferred tax	1081.2%	379	33	2.3	18	-257.82	20
Total tax	167.8%	574	215	232	178	-2.86	241
Total profit (loss) for period	127.8%	1,614	709	405	329	594	500
Other comp. income net of taxes	-238%	-4.01	4.63	12	13	-12.84	-1.33
Total Comprehensive Income	125.7%	1,610	714	418	342	582	499
Earnings Per Share, Basic	139.9%	25.385	11.165	6.38	5.17	9.295	7.82
Earnings Per Share, Diluted	139.5%	25.35	11.165	6.38	5.17	9.295	7.82
Debt equity ratio	0%	038	038	051	049	055	065
Debt service coverage ratio	1.7%	0.0391	0.0221	0.0174	0.0152	0.0207	0.0209
Interest service coverage ratio	2.1%	0.0551	0.0345	0.0375	0.0311	0.0301	0.0306

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-5.3%	4,474	4,724	4,337	4,919	4,718	4,561
Other Income	-29.2%	47	66	80	87	67	50
Total Income	-5.6%	4,521	4,790	4,417	5,006	4,786	4,611
Cost of Materials	5.7%	2,601	2,461	2,667	3,019	2,722	2,859
Purchases of stock-in-trade	-	0	0	0	0	0	0
Employee Expense	0%	303	303	284	281	286	281
Finance costs	3.8%	136	131	122	143	149	160
Depreciation and Amortization	0%	119	119	119	120	122	117
Other expenses	-6.3%	785	838	831	776	796	808
Total Expenses	-6.5%	3,895	4,165	3,816	4,296	4,167	4,137
Profit Before exceptional items and Tax	0.2%	626	625	601	710	619	474
Total profit before tax	0.2%	626	625	601	710	619	474
Current tax	7.9%	164	152	168	161	31	0
Deferred tax	-239.7%	-14.9	-3.68	-12.51	21	135	126
Total tax	0.7%	149	148	155	181	167	126
Total profit (loss) for period	0%	477	477	446	529	452	348
Other comp. income net of taxes	-0.5%	-1.01	-1	-1	-7.59	1.15	1.15
Total Comprehensive Income	0%	476	476	445	521	453	349
Earnings Per Share, Basic	136.8%	7.5	3.745	7.01	8.32	7.115	5.475
Earnings Per Share, Diluted	136.6%	7.46	3.73	6.98	8.285	7.115	5.475
Debt equity ratio	-	03	0	04	038	042	047
Debt service coverage ratio	0.2%	0.022	0.02	0.0182	0.028	0.0663	0.0345
Interest service coverage ratio	-0.6%	0.0647	0.07	0.069	0.0681	0.0597	0.047

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	17.3%	20,958	17,868	13,298	107	11,627	12,117
Other Income	-6.2%	168	179	153	2.08	109	146
Total Income	17.1%	21,126	18,046	13,451	109	11,736	12,263
Cost of Materials	13.3%	12,647	11,164	8,166	59	6,398	7,090
Purchases of stock-in-trade	-50.7%	34	68	27	0.78	331	484
Employee Expense	26.6%	1,492	1,179	1,015	8.97	940	914
Finance costs	10.5%	705	638	460	4.93	618	615
Depreciation and Amortization	20.6%	568	471	473	4.59	422	396
Other expenses	4.2%	3,993	3,831	2,979	25	2,230	2,262
Total Expenses	9.2%	18,909	17,311	12,830	104	11,144	11,653
Profit Before exceptional items and Tax	201.4%	2,216	736	621	4.99	592	610
Exceptional items before tax	96.2%	0	-25.04	0	0	-112.05	378
Total profit before tax	212.4%	2,216	710	621	4.99	480	988
Current tax	3.2%	227	220	248	1.74	275	257
Deferred tax	758.7%	396	47	-2.34	-0.03	-269.77	-44.99
Total tax	133.8%	623	267	246	1.72	5.34	212
Total profit (loss) for period	260.2%	1,593	443	376	3.28	461	764
Other comp. income net of taxes	-73.5%	14	50	32	0.01	3.15	-29.12
Total Comprehensive Income	225.8%	1,607	494	408	3.28	464	735
Earnings Per Share, Basic	183.4%	26.375	9.955	6.48	5.01	8.675	13.295
Earnings Per Share, Diluted	183%	26.34	9.955	6.48	5.01	8.675	13.295
Debt equity ratio	0%	055	059	074	0	-	-
Debt service coverage ratio	1.7%	0.0325	0.0157	0.0152	0	-	-
Interest service coverage ratio	2.1%	0.0495	0.0289	0.0338	0	-	-

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	9481.8%	5,271	56	4,939	5,425	5,656	5,466
Other Income	3100%	22	0.3	46	69	41	23
Total Income	9521.8%	5,293	56	4,985	5,494	5,697	5,489
Cost of Materials	10888.9%	2,968	28	2,956	3,291	3,149	3,301
Purchases of stock-in-trade	-	0.15	0	7.59	4.09	0.7	11
Employee Expense	13118%	383	3.89	376	368	387	378
Finance costs	29555.2%	173	1.58	154	174	181	189
Depreciation and Amortization	29311.8%	151	1.51	148	149	149	143
Other expenses	11044.4%	1,004	10	994	934	1,047	1,031
Total Expenses	9398%	4,655	50	4,402	4,828	4,997	4,993
Profit Before exceptional items and Tax	11784.3%	638	6.36	583	666	700	496
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	11784.3%	638	6.36	583	666	700	496
Current tax	27400%	177	1.64	178	162	46	9
Deferred tax	-1178.1%	-11.27	0.04	-5.81	24	142	131
Total tax	24164.7%	166	1.68	172	186	187	140
Total profit (loss) for period	12646.7%	479	4.75	416	480	512	356
Other comp. income net of taxes	2183.3%	21	0.04	-4.44	-8.63	-6.97	22
Total Comprehensive Income	13066.2%	500	4.79	412	472	505	378
Earnings Per Share, Basic	137.9%	7.96	3.925	6.93	7.895	8.36	5.91
Earnings Per Share, Diluted	138.2%	7.92	3.905	6.9	7.86	8.36	5.91
Debt equity ratio	-	04	0	056	055	062	066
Debt service coverage ratio	0%	0.0196	0.02	0.0161	0.025	0.0484	0.0328
Interest service coverage ratio	-0.4%	0.056	0.06	0.0578	0.0567	0.0568	0.0438

Valuation
Market Cap	16.35 kCr
Price/Earnings (Trailing)	11.84
Price/Sales (Trailing)	1.03
EV/EBITDA	5.75
Price/Free Cashflow	10.67
MarketCap/EBT	8.63

Fundamentals
Revenue (TTM)	15.83 kCr
Rev. Growth (Yr)	-7.08%
Rev. Growth (Qtr)	9.35%
Earnings (TTM)	1.38 kCr
Earnings Growth (Yr)	-6.31%
Earnings Growth (Qtr)	9.99%

Profitability
Operating Margin	11.96%
EBT Margin	11.96%
Return on Equity	1.36%
Return on Assets	653.98%
Free Cashflow Yield	9.37%

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
JSL	Jindal StainlessIron & Steel	46.08 kCr	38.82 kCr	-6.01%	-23.34%	19.12	1.19	-0.53%	-17.14%
APLAPOLLO	APL Apollo TubesIron & Steel Products	44.87 kCr	20.03 kCr	+7.93%	+4.32%	70.73	2.24	+12.14%	-16.95%
RATNAMANI	Ratnamani Metals & TubesIron & Steel Products	18.78 kCr	5.06 kCr	-0.26%	-11.17%	35.33	3.71	-0.92%	-14.90%
MANINDS	Man Industries (India)Iron & Steel Products	1.77 kCr	3.15 kCr	+5.88%	-35.15%	16.2	0.56	+5.31%	+2.11%

JINDALSAW - Jindal Saw Ltd. Share Price

What does Jindal Saw Ltd. do?

Summary of Latest Earnings Report from Jindal Saw

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Cash Flow for Jindal Saw

Investor Care

Financial Health

Balance Sheet for Jindal Saw

Income Statement for Jindal Saw

Valuation

Fundamentals

Profitability

Revenue Breakdown

Is Jindal Saw Better than it's peers?

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)