Jindal Saw Ltd

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

Jindal Saw Ltd

₹ 218 2.39%
14 May 1:58 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 ₹ 13,948 Cr.
  • Current Price ₹ 218
  • High / Low ₹ 384 / 200
  • Stock P/E 9.48
  • Book Value ₹ 178
  • Dividend Yield 0.94 %
  • ROCE 19.2 %
  • ROE 13.6 %
  • Face Value ₹ 1.00
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Pros

  • Company has delivered good profit growth of 23.6% CAGR over last 5 years

Cons

  • Company has a low return on equity of 12.8% over last 3 years.
  • Contingent liabilities of Rs.4,195 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 500 BSE 250 SmallCap Index BSE SmallCap Nifty MidSmallcap 400 BSE Allcap

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
3,970 3,478 4,044 5,158 5,188 4,410 5,466 5,656 5,425 4,939 5,572 5,271 5,047
3,569 3,240 3,712 4,663 4,588 3,803 4,663 4,668 4,505 4,100 4,658 4,332 4,310
Operating Profit 401 238 331 495 600 608 804 988 920 840 914 939 736
OPM % 10% 7% 8% 10% 12% 14% 15% 17% 17% 17% 16% 18% 15%
42 32 -2 44 79 37 22 40 69 51 37 29 28
Interest 119 160 148 169 162 160 189 182 174 154 158 173 139
Depreciation 118 110 117 118 126 132 141 147 149 148 151 151 153
Profit before tax 205 1 64 252 392 354 496 700 667 588 643 645 473
Tax % 40% 2,275% 67% 43% 24% 31% 28% 27% 28% 29% 26% 26% 82%
122 -16 21 143 298 244 356 512 480 416 475 479 87
EPS in Rs 1.98 0.08 0.93 3.35 5.58 4.14 5.90 8.34 7.85 6.90 7.81 7.92 4.55
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
6,656 8,208 7,703 7,070 8,507 12,117 11,627 10,664 13,298 17,868 20,958 20,829
6,014 7,254 6,979 6,393 7,466 10,645 10,116 9,422 11,899 16,192 17,631 17,400
Operating Profit 642 954 723 677 1,041 1,472 1,511 1,242 1,399 1,676 3,326 3,429
OPM % 10% 12% 9% 10% 12% 12% 13% 12% 11% 9% 16% 16%
26 76 136 330 24 515 -3 209 155 155 162 145
Interest 392 606 679 569 579 615 620 493 460 642 705 623
Depreciation 321 335 328 337 363 396 422 459 473 470 568 602
Profit before tax -46 89 -148 101 122 975 467 499 621 719 2,216 2,349
Tax % 120% 131% -46% 62% 109% 22% 1% 34% 40% 37% 28% 38%
-100 -27 -80 39 -11 764 461 328 376 452 1,593 1,458
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
Dividend Payout % -32% -200% -76% 28% 22% 8% 12% 20% 16% 15% 8% 7%
Compounded Sales Growth
10 Years: 10%
5 Years: 12%
3 Years: 16%
TTM: -1%
Compounded Profit Growth
10 Years: 40%
5 Years: 24%
3 Years: 57%
TTM: -9%
Stock Price CAGR
10 Years: 22%
5 Years: 52%
3 Years: 75%
1 Year: -22%
Return on Equity
10 Years: 7%
5 Years: 10%
3 Years: 13%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 3,513 5,332 5,061 5,322 5,432 6,218 6,700 6,919 7,300 7,857 10,029 11,347
5,989 8,102 7,547 6,222 6,311 5,692 5,649 5,335 6,031 4,961 5,761 4,859
1,858 2,507 1,676 1,248 1,389 2,807 2,669 3,497 3,048 5,001 4,824 4,509
Total Liabilities 11,416 15,999 14,346 12,856 13,197 14,781 15,082 15,815 16,443 17,883 20,679 20,779
5,843 8,239 7,977 7,455 7,120 7,163 7,491 7,316 7,357 7,484 8,853 9,341
CWIP 343 531 254 102 126 260 423 404 293 300 632 641
Investments 75 309 154 119 110 190 129 198 224 175 178 168
5,155 6,921 5,961 5,180 5,840 7,169 7,039 7,898 8,570 9,924 11,016 10,629
Total Assets 11,416 15,999 14,346 12,856 13,197 14,781 15,082 15,815 16,443 17,883 20,679 20,779

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
109 -183 917 1,163 565 1,567 1,665 1,570 73 1,616 2,593 2,335
-615 -867 -517 -428 -121 -518 -468 -359 -190 -68 -1,917 -899
359 1,253 -512 -816 -470 -977 -1,168 -831 61 -1,966 -12 -1,524
Net Cash Flow -148 203 -112 -81 -25 72 28 379 -55 -419 663 -87

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 177 169 169 151 159 93 69 79 94 75 80 95
ROCE % 4% 6% 4% 4% 7% 11% 10% 8% 9% 11% 21% 19%

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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