Jindal Saw Limited (JINDALSAW) AI Stock Analysis

• Market Cap: ₹109.00B
• Dividend Yield: 1.23%
• Average Volume (3M): 127.82K
• Price to Earnings (P/E): 7.9
• Beta (1Y): 1.25
• Revenue Growth: -13.69%
• EPS Growth: -30.57%
• Country: IN
• Employees: 7,517
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 4.10
• Shares Outstanding: 639,508,240
• 10 Day Avg. Volume: 149,437
• 30 Day Avg. Volume: 127,816
• PEG Ratio: 2.83
• Price to Book (P/B): 1.52
• Price to Sales (P/S): 0.83
• P/FCF Ratio: 13.31
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ₹176.00 ▲(8.14% Upside)

Jindal Saw Limited's overall stock score is driven by its strong financial performance and attractive valuation. However, the current bearish technical indicators suggest caution. The high leverage remains a risk factor, but the company's efficient operations and cash flow generation provide a solid foundation.

Positive Factors

Strong Financial Performance

The company's consistent revenue and profit growth, along with effective cost management, indicate a robust business model and operational efficiency, which are crucial for long-term sustainability.

Cash Generation Ability

Strong cash generation supports the company's ability to invest in growth opportunities, manage debt, and return value to shareholders, enhancing long-term financial stability.

Operational Efficiency

Healthy EBIT and EBITDA margins reflect the company's ability to manage costs and optimize operations, which supports sustained profitability and competitive positioning.

Negative Factors

Revenue Growth Decline

A decline in revenue growth can signal challenges in market demand or competitive pressures, potentially impacting future profitability and market share.

High Leverage

High leverage increases financial risk, limiting flexibility in downturns and potentially affecting the company's ability to invest in growth or weather economic challenges.

EPS Growth Decline

A decline in EPS growth suggests potential issues with profitability or cost management, which could affect investor confidence and long-term financial health.

Jindal Saw Limited Business Overview & Revenue Model

Company Description

Jindal Saw Limited (JINDALSAW) is a leading manufacturer and supplier in the steel and pipe industry, primarily engaged in the production of steel pipes, fittings, and other tubular products. The company operates in various sectors, including oil and gas, water transportation, and infrastructure development, providing high-quality products tailored to meet the demands of both domestic and international markets. With a focus on innovation and technology, JINDALSAW also offers customized solutions to its clients across various industries.

How the Company Makes Money

Jindal Saw Limited generates revenue primarily through the manufacturing and sale of steel pipes and related products. Its key revenue streams include the production of large diameter pipes for the oil and gas sector, as well as smaller pipes and fittings for water supply and infrastructure projects. The company benefits from long-term contracts with major industrial clients, contributing to stable revenue inflows. Additionally, JINDALSAW's strategic partnerships with various construction and engineering firms enhance its market reach and support its earnings. Factors such as global demand for steel products, fluctuations in raw material prices, and government infrastructure spending initiatives significantly influence the company's financial performance.

Jindal Saw Limited Financial Statement Overview

Summary

Jindal Saw Limited demonstrates strong financial performance with consistent revenue growth, robust profit margins, and efficient operations. However, high leverage poses a risk, necessitating strategic financial management.

Income Statement

Jindal Saw Limited exhibits a strong financial performance with consistent revenue growth over the past years. The gross profit margin has remained robust, indicating effective cost management. Net profit margin has improved, reflecting a solid bottom line. EBIT and EBITDA margins are healthy, suggesting operational efficiency.

Balance Sheet

The company maintains a strong equity position with an increasing stockholders' equity over the years, leading to a healthy equity ratio. However, the debt-to-equity ratio indicates a high level of leverage, which could pose a risk in volatile market conditions. Return on Equity is improving, showcasing effective use of shareholders' funds.

Cash Flow

Jindal Saw has shown a positive trend in free cash flow growth, indicating good cash generation capabilities. The operating cash flow to net income ratio is strong, suggesting that the company efficiently converts its earnings into cash. However, fluctuations in capital expenditures and free cash flow to net income ratio highlight the need for careful cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	199.74B	208.29B	209.58B	178.68B	132.98B	106.64B
Gross Profit	85.86B	88.53B	87.01B	65.36B	53.40B	45.86B
EBITDA	32.24B	34.03B	31.68B	15.99B	13.32B	11.62B
Net Income	17.21B	17.38B	16.77B	6.44B	4.12B	3.19B
Balance Sheet
Total Assets	0.00	207.79B	210.22B	182.56B	168.50B	162.25B
Cash, Cash Equivalents and Short-Term Investments	7.66B	7.66B	8.95B	2.43B	5.08B	7.89B
Total Debt	0.00	48.59B	57.61B	49.61B	60.31B	53.35B
Total Liabilities	-109.54B	98.25B	116.54B	109.78B	100.01B	96.86B
Stockholders Equity	109.54B	114.11B	100.93B	79.23B	73.64B	69.83B
Cash Flow
Free Cash Flow	0.00	13.04B	17.30B	12.95B	-3.80B	11.54B
Operating Cash Flow	0.00	23.35B	25.93B	16.17B	734.73M	15.57B
Investing Cash Flow	0.00	-8.99B	-19.17B	-701.60M	-1.91B	-3.46B
Financing Cash Flow	0.00	-15.24B	-123.85M	-19.68B	610.01M	-8.31B

Jindal Saw Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 162.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JINDALSAW, the sentiment is Negative. The current price of 162.75 is below the 20-day moving average (MA) of 167.97, below the 50-day MA of 186.87, and below the 200-day MA of 220.14, indicating a bearish trend. The MACD of -6.12 indicates Negative momentum. The RSI at 33.36 is Neutral, neither overbought nor oversold. The STOCH value of 51.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JINDALSAW.

Jindal Saw Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MANINDS	74 Outperform	₹29.53B	15.86	―	―	10.26%	46.49%
RATNAMANI	70 Neutral	₹171.08B	29.98	―	0.59%	9.51%	14.31%
JINDALSAW	68 Neutral	₹109.00B	7.91	―	1.23%	-13.69%	-30.57%
MAHSEAMLES	68 Neutral	₹76.83B	8.75	―	1.70%	0.81%	-7.11%
WELCORP	68 Neutral	₹243.82B	11.23	―	0.58%	-1.19%	96.91%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
RAMASTEEL	56 Neutral	₹15.80B	72.58	―	―	14.51%	-30.02%

Jindal Saw Limited Corporate Events

Jindal Saw Limited Releases Q2 FY26 Financial Call Recording

Jindal Saw Limited announced the availability of an audio recording from a conference call organized by ICICI Securities Limited. The call discussed the company’s unaudited financial results for the second quarter of the fiscal year 2026. This release highlights the company’s commitment to transparency and engagement with analysts and investors, potentially influencing stakeholder confidence and market perception.