Jindal Saw Limited
NSE: JINDALSAWMarket Closed • NSE
Day range
52 week range
Jindal Saw Limited closed at INR301.55 (+0.79%) on volume 2.41x its 20-day average, trading 5.77% below its 52-week high.
2026-Q2
Q2 FY2026 Financial Results
PAT moved -25.3% QoQ
2026-05-22
DIVIDEND Announced
Dividend - Rs 2 Per Share
2025-06-05
DIVIDEND Announced
Dividend - Rs 2 Per Share
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
Low Debt Profile: Debt-to-Equity is comfortable at 0.38x
High Cash Flow Conversion: CFO/PAT averaged 1.51x over last 3 years
Risks
Subject to cyclical raw material and macro industry pressures
Bull case
Market Leadership: Established operational scale in Steel.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 22 May 2026 | Dividend | ₹2.00 / share | — | 22 May 2026 |
| 05 Jun 2025 | Dividend | ₹2.00 / share | — | 05 Jun 2025 |
| — | Extra Ordinary General Meeting | Extra Ordinary General Meeting | — | 29 Nov 2024 |
| 09 Oct 2024 | Dividend | ₹2.00 / share | — | 09 Oct 2024 |
| — | Extra Ordinary General Meeting | Extra Ordinary General Meeting | — | 13 Sept 2024 |
| — | Dividend | ₹4.00 / share | — | 11 Jun 2024 |
| — | Dividend | ₹3.00 / share | — | 13 Jun 2023 |
| — | Dividend | ₹2.00 / share | — | 19 Sept 2022 |
| — | Dividend | ₹2.00 / share | — | 08 Jul 2021 |
| — | Dividend | ₹2.00 / share | — | 17 Sept 2020 |
| — | Dividend | ₹2.00 / share | — | 29 Aug 2019 |
| — | Dividend | ₹1.20 / share | — | 18 Sept 2018 |
| — | Dividend | ₹1.00 / share | — | 15 Sept 2017 |
| — | Dividend | ₹1.00 / share | — | 14 Dec 2016 |
| 27 Aug 2016 | Scheme Of Arrangement | Scheme Of Arrangement | — | 25 Aug 2016 |
| — | Dividend | ₹1.00 / share | — | 10 Sept 2015 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
 UltraTech Cement LimitedULTRACEMCO Open analysis | ₹3.21L | 37.59 | 2.21% | ₹25,799.47 | ₹2,982.76 | +11.86% | +20.17% |
 JSW Steel LimitedJSWSTEEL Open analysis | ₹2.97L | 12.05 | 0.59% | ₹47,364.00 | ₹4,651.00 | +11.55% | +112.96% |
 Hindustan Zinc LimitedHINDZINC Open analysis | ₹2.28L | 13.37 | 2.07% | ₹13,687.00 | ₹5,425.00 | +77.22% | +146.14% |
 Asian Paints LimitedASIANPAINT Open analysis | ₹2.24L | 46.94 | 1.17% | ₹10,541.94 | ₹1,539.25 | +17.94% | +39.96% |
 Tata Steel LimitedTATASTEEL Open analysis | ₹2.19L | 19.83 | 2.27% | ₹60,794.00 | ₹2,385.00 | +14.32% | +18.83% |
 Hindalco Industries LimitedHINDALCO Open analysis | ₹2.02L | 12.32 | 0.56% | ₹84,825.00 | ₹7,013.00 | +32.06% | +75.15% |
 Grasim Industries LimitedGRASIM Open analysis | ₹1.98L | 34.82 | 0.35% | ₹11,794.71 | ₹246.65 | -70.60% | -82.61% |
 Solar Industries India LimitedSOLARINDS Open analysis | ₹1.81L | 90.93 | 0.06% | ₹3,668.00 | ₹666.00 | +70.29% | +88.67% |
Jindal Saw Limited engages in the manufacture and supply of iron and steel pipes, and pellets in India and internationally. The company offers SAW pipes, such as double jointing, connector casings, hot pulled induction bends, monel sheating and anodes installation, post weld heat treatment, eddy current testing, and clad, as well as external and internal coatings, and line pipes; centrifugal casted pipes, including push up joint, double chamber restrained joint, and flanged pipes, as well as ductile iron fittings; and carbon/alloy steel seamless pipes and tubes comprising oil country tubular goods, flow line pipes, boiler pipes and tubes, and automotive tubes. It also provides stainless steel seamless and welded pipes and tubes, such as hydraulic and instrumentation tubing, condenser, heat exchanger, U-bends, coil tubing, and seamless pipes, as well as hollows and hollow bars; and welded and UHP pipes. The company operates iron ore mine and pellet plant. It also provides precision stainless steel strips and nickel alloys for use in the production of textile machinery, clocks, watches, and electrical equipment; anti corrosion and protective coating with fittings, bends, and flanges; double chamber pipes; polyurethane coated pipes; rust-free iron pipes; cold rolled strip products; transhipment and waterborne transportation services; advisory services; helical anchor manufacturing and property holding services; and tools and fittings products. The company engages in the provision of inland shipping; business process outsourcing services comprising call center, back office, and other support offices; and information technology (IT) services, including software development and support, IT maintenance, and other development services. Its products have applications in oil and gas exploration, transportation, power generation, supply of water for drinking, drainage, irrigation, and other industries. The company was incorporated in 1984 and is based in New Delhi, India.
IndiaBasic Materials
Is Jindal Saw Limited Shariah compliant?
Jindal Saw Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (24.31%) complies with AAOIFI threshold (≤ 33%).
What is Jindal Saw Limited's current valuation relative to peers?
Jindal Saw Limited trades at a P/E of 29.5x compared to the sector median of 21.9x, and a Price-to-Book of 1.5x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 0.38x. Interest coverage is 3.7x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at -3% while net profit growth averaged -10.3%.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.