Jindal Saw Ltd. · CashKonnect

About

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 line pipes, double jointing, anti-corrosion and other relevant coatings, connector casings, hot pulled induction bends, monel sheating, and anodes used for energy transportation in the oil and gas sector, as well as 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; and operates iron ore mine and pellet plant. It also 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 with fittings, bends, and flanges; double chamber pipes; polyurethane coated pipes; rail, road, and barge shipping; rust-free iron pipes; and cold rolled strip products. In addition, it is involved in the transhipment and waterborne transportation businesses; advisory services; helical anchor manufacturing; property holding; offers tools and fittings products; sale of power; and provision of inland shipping, business process outsourcing services comprising call center, back office, and other support offices, as well as 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 industry. Jindal Saw Limited was incorporated in 1984 and is based in New Delhi, India.

Key Metrics

as of Sep 2026

Market Cap19,534 Cr

P/E29.90

Div Yield0.66 %

Book Value₹197.00

52w High₹320.00

52w Low₹153.00

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	4,452.00	4,633.00	4,943.00	4,234.00	4,085.00	5,047.00	5,271.00	5,572.00	4,939.00	5,425.00	5,656.00	5,466.00	4,410.00
Expenses	4,061.00	4,156.00	4,331.00	3,782.00	3,415.00	4,310.00	4,332.00	4,658.00	4,100.00	4,505.00	4,668.00	4,663.00	3,803.00
Operating Profit	391.00	478.00	613.00	451.00	670.00	736.00	939.00	914.00	840.00	920.00	988.00	804.00	608.00
OPM %	9.00	10.00	12.00	11.00	16.00	15.00	18.00	16.00	17.00	17.00	17.00	15.00	14.00
Other Income	24.00	23.00	22.00	40.00	29.00	28.00	29.00	37.00	51.00	69.00	40.00	22.00	37.00
Depreciation	164.00	167.00	155.00	156.00	153.00	153.00	151.00	151.00	148.00	149.00	147.00	141.00	132.00
Interest	108.00	163.00	133.00	153.00	171.00	139.00	173.00	158.00	154.00	174.00	182.00	189.00	160.00
Profit before tax	143.00	172.00	347.00	183.00	374.00	473.00	645.00	643.00	588.00	667.00	700.00	496.00	354.00
Tax %	36.00	28.00	29.00	24.00	-11.00	82.00	26.00	26.00	29.00	28.00	27.00	28.00	31.00
Net Profit	91.00	124.00	248.00	139.00	415.00	87.00	479.00	475.00	416.00	480.00	512.00	356.00	244.00
EPS in Rs	1.63	2.18	4.03	2.38	6.63	4.55	7.92	7.81	6.90	7.85	8.34	5.90	4.14

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	17,895.00	20,829.00	20,958.00	17,868.00	13,298.00	10,664.00	11,627.00	12,117.00	8,507.00	7,070.00	7,703.00	8,208.00
Expenses	15,666.00	17,385.00	17,631.00	16,192.00	11,899.00	9,422.00	10,116.00	10,645.00	7,466.00	6,393.00	6,979.00	7,254.00
Operating Profit	2,229.00	3,444.00	3,326.00	1,676.00	1,399.00	1,242.00	1,511.00	1,472.00	1,041.00	677.00	723.00	954.00
OPM %	12.00	17.00	16.00	9.00	11.00	12.00	13.00	12.00	12.00	10.00	9.00	12.00
Other Income	97.00	130.00	162.00	155.00	155.00	209.00	-3.00	515.00	24.00	330.00	136.00	76.00
Interest	620.00	623.00	705.00	642.00	460.00	493.00	620.00	615.00	579.00	569.00	679.00	606.00
Depreciation	630.00	602.00	568.00	470.00	473.00	459.00	422.00	396.00	363.00	337.00	328.00	335.00
Profit before tax	1,076.00	2,349.00	2,216.00	719.00	621.00	499.00	467.00	975.00	122.00	101.00	-148.00	89.00
Tax %	14.00	38.00	28.00	37.00	40.00	34.00	1.00	22.00	109.00	62.00	-46.00	131.00
Net Profit	925.00	1,458.00	1,593.00	452.00	376.00	328.00	461.00	764.00	-11.00	39.00	-80.00	-27.00
EPS in Rs	15.22	27.18	26.22	10.07	6.44	4.99	8.67	13.29	2.79	1.78	-0.66	-0.25
Dividend Payout %	13.00	7.00	8.00	15.00	16.00	20.00	12.00	8.00	22.00	28.00	-76.00	-200.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	64.00	64.00	64.00	64.00	64.00	64.00	64.00	64.00	64.00	64.00	61.00	58.00
Reserves	12,510.00	11,347.00	10,029.00	7,857.00	7,300.00	6,919.00	6,700.00	6,218.00	5,432.00	5,322.00	5,061.00	5,332.00
Borrowings	4,691.00	4,859.00	5,761.00	4,961.00	6,031.00	5,335.00	5,649.00	5,692.00	6,311.00	6,222.00	7,547.00	8,102.00
Other Liabilities	4,307.00	4,395.00	4,824.00	5,001.00	3,048.00	3,497.00	2,669.00	2,807.00	1,389.00	1,248.00	1,676.00	2,507.00
Total Liabilities	21,572.00	20,665.00	20,679.00	17,883.00	16,443.00	15,815.00	15,082.00	14,781.00	13,197.00	12,856.00	14,346.00	15,999.00
Fixed Assets	10,409.00	9,341.00	8,853.00	7,484.00	7,357.00	7,316.00	7,491.00	7,163.00	7,120.00	7,455.00	7,977.00	8,239.00
CWIP	453.00	641.00	632.00	300.00	293.00	404.00	423.00	260.00	126.00	102.00	254.00	531.00
Investments	105.00	168.00	178.00	175.00	224.00	198.00	129.00	190.00	110.00	119.00	154.00	309.00
Other Assets	10,606.00	10,516.00	11,016.00	9,924.00	8,570.00	7,898.00	7,039.00	7,169.00	5,840.00	5,180.00	5,961.00	6,921.00
Total Assets	21,572.00	20,665.00	20,679.00	17,883.00	16,443.00	15,815.00	15,082.00	14,781.00	13,197.00	12,856.00	14,346.00	15,999.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	1,771.00	2,335.00	2,593.00	1,616.00	73.00	1,570.00	1,665.00	1,567.00	565.00	1,163.00	917.00	-183.00
Cash from Investing Activity	-947.00	-897.00	-1,917.00	-68.00	-190.00	-359.00	-468.00	-518.00	-121.00	-428.00	-517.00	-867.00
Cash from Financing Activity	-1,073.00	-1,524.00	-12.00	-1,966.00	61.00	-831.00	-1,168.00	-977.00	-470.00	-816.00	-512.00	1,253.00
Net Cash Flow	-249.00	-86.00	663.00	-419.00	-55.00	379.00	28.00	72.00	-25.00	-81.00	-112.00	203.00
Free Cash Flow	706.00	1,324.00	1,741.00	1,379.00	-279.00	1,173.00	1,107.00	1,071.00	377.00	877.00	434.00	-895.00
CFO/OP %	92.00	86.00	87.00	106.00	16.00	134.00	122.00	118.00	61.00	188.00	137.00	-9.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	63.00	62.00	60.00	73.00	50.00	73.00	59.00	67.00	83.00	71.00	83.00	91.00
Inventory Days	191.00	152.00	147.00	134.00	173.00	177.00	141.00	156.00	183.00	221.00	210.00	257.00
Days Payable	95.00	78.00	89.00	98.00	71.00	117.00	74.00	88.00	42.00	39.00	42.00	77.00
Cash Conversion Cycle	159.00	136.00	119.00	109.00	152.00	132.00	126.00	134.00	224.00	253.00	250.00	271.00
Working Capital Days	66.00	41.00	19.00	15.00	-15.00	-17.00	-12.00	12.00	42.00	37.00	30.00	26.00
ROCE %	10.00	19.00	21.00	11.00	9.00	8.00	10.00	11.00	7.00	4.00	4.00	6.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	63.25	63.25	63.25	63.25	63.26	63.28	63.28	63.29	63.29	63.27	63.26	63.26
FIIs	13.08	13.46	14.09	15.35	15.12	16.99	15.73	16.08	15.06	14.66	15.22	17.71
DIIs	8.36	5.79	3.50	4.35	4.77	4.40	4.69	4.54	3.87	2.99	2.27	1.67
Public	15.03	17.20	18.79	16.69	16.48	14.95	15.83	15.65	17.32	18.60	18.66	16.79
No. of Shareholders	178,027	207,732	213,816	196,760	187,168	174,189	172,209	148,683	137,358	119,422	116,181	92,000

Corporate Actions

31 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	22 May 2026	22 May 2026	—	2.00
Dividend	05 Jun 2025	05 Jun 2025	—	2.00
Other	29 Nov 2024	—	—	—	E.G.M.
Other	29 Nov 2024	—	—	—	Extra Ordinary General Meeting
Split	09 Oct 2024	09 Oct 2024	2:1	—
Other	13 Sep 2024	—	—	—	E.G.M.
Other	13 Sep 2024	—	—	—	Extra Ordinary General Meeting
Dividend	11 Jun 2024	—	—	4.00
Dividend	13 Jun 2023	—	—	3.00
Dividend	19 Sep 2022	—	—	2.00
Dividend	08 Jul 2021	—	—	2.00
Dividend	17 Sep 2020	—	—	2.00
Dividend	29 Aug 2019	—	—	2.00
Dividend	18 Sep 2018	—	—	1.20
Dividend	15 Sep 2017	—	—	1.00
Dividend	14 Dec 2016	—	—	1.00
Other	25 Aug 2016	27 Aug 2016	—	—	Spin Off
Other	25 Aug 2016	27 Aug 2016	—	—	Scheme Of Arrangement
Dividend	10 Sep 2015	—	—	1.00
Dividend	05 Sep 2014	—	—	1.00
Dividend	23 Sep 2013	—	—	1.00
Dividend	21 Sep 2012	—	—	1.00
Other	22 Nov 2011	23 Nov 2011	—	—	Scheme of Arrangement
Dividend	26 Sep 2011	—	—	1.00
Dividend	09 Sep 2010	—	—	1.25
Split	10 Dec 2009	11 Dec 2009	10:2	—
Dividend	15 Jun 2009	—	—	5.00
Dividend	19 Mar 2008	—	—	6.25
Other	22 Dec 2006	—	—	—	Agm/Div-Rs.5/- Per Eq Sh
Dividend	23 Dec 2005	—	—	4.00
Dividend	03 Dec 2001	—	—	1.00