Jindal Saw Ltd

Jindal Saw Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Jindal Saw Ltd

₹ 217 0.58%
16 May 12:56 p.m.
jindalsaw.com BSE: 500378 NSE: JINDALSAW
About

Jindal Saw Ltd manufactures LSAW pipes, HSAW pipes, DI pipes, seamless pipes and pellets.[1]

Key Points

Market Leadership
The company is a global leader in the coated and bare pipe industry, with a strong track record of supplying a wide range of pipe products to major clients both in India and internationally. [1] It is the world's third-largest producer of rust-free iron pipes. [2]

Website BSE NSE
  • Market Cap ₹ 13,871 Cr.
  • Current Price ₹ 217
  • High / Low ₹ 384 / 200
  • Stock P/E 7.38
  • Book Value ₹ 187
  • Dividend Yield 0.92 %
  • ROCE 20.4 %
  • ROE 16.9 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Stock is trading at 1.17 times its book value
  • Company has delivered good profit growth of 22.8% CAGR over last 5 years

Cons

  • Contingent liabilities of Rs.4,999 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Steel Industry: Steel - Large

Part of BSE Allcap BSE SmallCap BSE 500 Nifty 500 BSE 400 MidSmallCap Index

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
3,291 2,968 3,316 4,479 4,520 3,763 4,561 4,719 4,919 4,337 4,724 4,474 4,401
2,953 2,764 3,066 4,042 4,003 3,217 3,860 3,896 4,034 3,575 3,915 3,639 3,593
Operating Profit 338 204 250 436 516 546 701 823 885 762 809 835 808
OPM % 10% 7% 8% 10% 11% 15% 15% 17% 18% 18% 17% 19% 18%
46 51 51 162 157 68 50 67 87 80 66 47 48
Interest 97 131 126 138 135 133 160 150 143 122 131 136 99
Depreciation 93 88 93 94 94 103 112 117 120 119 119 119 122
Profit before tax 194 37 81 367 444 377 478 623 710 601 625 626 635
Tax % 41% 23% 24% 28% 20% 26% 27% 27% 26% 26% 24% 24% 25%
115 28 61 266 357 279 351 455 529 446 477 477 474
EPS in Rs 1.80 0.44 0.96 4.15 5.59 4.36 5.49 7.12 8.27 6.98 7.46 7.46 7.42
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
5,510 6,604 6,120 5,678 7,310 9,829 10,129 8,632 11,022 15,283 17,962 17,936
4,889 5,655 5,239 4,789 6,239 8,528 8,773 7,653 9,857 13,872 15,001 14,722
Operating Profit 620 949 880 889 1,071 1,302 1,356 979 1,166 1,410 2,961 3,214
OPM % 11% 14% 14% 16% 15% 13% 13% 11% 11% 9% 16% 18%
10 47 99 232 180 217 62 278 212 417 265 242
Interest 226 326 494 380 415 496 516 404 369 534 586 488
Depreciation 213 205 227 229 256 281 310 346 372 355 452 479
Profit before tax 191 464 258 512 580 741 592 507 637 938 2,188 2,488
Tax % 24% 39% 14% 40% 33% 33% -0% 35% 36% 24% 26% 25%
144 285 221 308 386 500 594 329 406 715 1,614 1,874
EPS in Rs 2.61 4.92 3.63 4.81 6.03 7.82 9.30 5.15 6.34 11.18 25.24 29.31
Dividend Payout % 19% 10% 14% 10% 10% 13% 11% 19% 16% 13% 8% 7%
Compounded Sales Growth
10 Years: 11%
5 Years: 12%
3 Years: 18%
TTM: 0%
Compounded Profit Growth
10 Years: 19%
5 Years: 23%
3 Years: 66%
TTM: 16%
Stock Price CAGR
10 Years: 22%
5 Years: 53%
3 Years: 70%
1 Year: -20%
Return on Equity
10 Years: 10%
5 Years: 12%
3 Years: 15%
Last Year: 17%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 3,827 5,578 5,241 5,500 5,849 6,302 6,799 7,074 7,425 8,036 10,127 11,874
3,457 4,553 4,981 4,151 4,445 4,175 4,042 3,727 4,343 3,331 3,928 3,046
1,159 1,782 1,249 1,221 1,425 2,766 2,248 3,070 2,728 4,718 4,630 4,008
Total Liabilities 8,497 11,970 11,532 10,937 11,783 13,307 13,152 13,935 14,561 16,149 18,749 18,992
3,541 5,307 5,757 5,773 5,638 5,697 5,973 5,913 5,854 5,958 7,338 7,799
CWIP 204 422 204 66 108 231 205 157 166 206 541 543
Investments 788 959 675 591 649 665 638 716 1,025 1,122 1,182 2,090
3,964 5,283 4,895 4,507 5,389 6,714 6,336 7,149 7,516 8,862 9,688 8,559
Total Assets 8,497 11,970 11,532 10,937 11,783 13,307 13,152 13,935 14,561 16,149 18,749 18,992

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
392 -199 544 1,317 573 1,270 1,465 1,344 191 1,338 2,137 1,855
-323 -763 -440 -111 -454 -487 -393 -355 -288 -45 -1,657 -303
-92 1,103 -168 -1,278 -137 -731 -1,001 -748 161 -1,691 -40 -1,519
Net Cash Flow -22 141 -64 -72 -17 52 72 241 65 -398 440 34

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 89 83 95 78 82 69 55 73 48 75 59 61
Inventory Days 150 214 188 218 166 160 128 175 170 125 135 146
Days Payable 43 57 31 35 32 92 72 121 74 105 96 81
Cash Conversion Cycle 196 240 251 261 216 137 110 128 144 94 99 126
Working Capital Days 181 182 205 207 205 145 134 159 150 114 106 96
ROCE % 7% 10% 8% 9% 10% 12% 12% 8% 9% 13% 22% 20%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
63.02% 63.03% 63.03% 63.25% 63.26% 63.26% 63.26% 63.27% 63.29% 63.29% 63.28% 63.28%
11.85% 11.69% 11.03% 14.94% 15.92% 17.71% 15.22% 14.66% 15.06% 16.08% 15.73% 16.99%
0.86% 0.85% 0.91% 1.20% 1.18% 1.67% 2.27% 2.99% 3.87% 4.54% 4.69% 4.40%
23.61% 23.79% 24.38% 19.98% 19.05% 16.79% 18.66% 18.60% 17.32% 15.65% 15.83% 14.95%
0.65% 0.65% 0.65% 0.64% 0.59% 0.58% 0.58% 0.49% 0.46% 0.46% 0.45% 0.38%
No. of Shareholders 1,12,1351,10,3571,05,75685,83983,04892,0001,16,1811,19,4221,37,3581,48,6831,72,2091,74,189

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

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Credit ratings

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