Jindal Saw Limited (JINDALSAW) AI Stock Analysis

• Market Cap: ₹127.26B
• Dividend Yield: 0.98%
• Average Volume (3M): 71.97K
• Price to Earnings (P/E): 7.4
• Beta (1Y): 1.30
• Revenue Growth: -7.04%
• EPS Growth: -7.16%
• Country: IN
• Employees: 7,517
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Steel
• EPS (TTM): 6.60
• Shares Outstanding: 639,508,240
• 10 Day Avg. Volume: 71,009
• 30 Day Avg. Volume: 71,971
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹227.00
• Price Target Upside: 14.07% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: ₹227.00 ▲(14.07% Upside)

Jindal Saw Limited's overall score reflects strong financial performance and attractive valuation, which are offset by bearish technical indicators. The low P/E ratio suggests potential undervaluation, while the negative market momentum indicates caution. The high leverage is a risk factor that requires careful management.

Jindal Saw Limited Business Overview & Revenue Model

Company Description

Jindal Saw Limited (JINDALSAW) is a leading global manufacturer and supplier in the steel pipe industry. The company operates primarily in the infrastructure sectors, including water, oil and gas, and power generation. It specializes in producing a wide range of pipes and tubes, such as ductile iron pipes, carbon steel pipes, and seamless pipes. Jindal Saw also provides specialized pipe coating and lining services, catering to various industrial applications worldwide.

How the Company Makes Money

Jindal Saw Limited generates revenue primarily through the manufacturing and sale of its diverse range of pipes and tubes. The company's key revenue streams include sales of ductile iron pipes for water and sewage applications, carbon steel pipes for oil and gas transportation, and seamless pipes for high-pressure applications. Additionally, Jindal Saw earns income from its pipe coating and lining services, which enhance the durability and performance of its products. The company benefits from strategic partnerships and contracts with government bodies and major corporations in sectors like oil and gas, water management, and power generation, which provide a steady stream of orders and long-term business relationships.

Jindal Saw Limited Financial Statement Overview

Summary

Jindal Saw Limited shows a strong financial performance with robust revenue growth and effective cost management. Despite high leverage, the company maintains a strong equity base and generates healthy cash flows, necessitating strategic management of debt levels.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	208.29B	209.58B	178.68B	126.98B	102.67B
Gross Profit	88.53B	87.01B	66.75B	37.45B	34.32B
EBITDA	34.03B	33.55B	17.52B	15.28B	14.34B
Net Income	17.38B	16.77B	4.43B	4.12B	3.19B
Balance Sheet
Total Assets	207.79B	210.22B	182.56B	168.50B	162.25B
Cash, Cash Equivalents and Short-Term Investments	7.66B	7.47B	2.43B	5.08B	6.17B
Total Debt	48.59B	57.27B	49.22B	60.31B	53.35B
Total Liabilities	98.25B	116.54B	109.78B	100.01B	96.86B
Stockholders Equity	114.11B	100.93B	79.23B	73.64B	69.83B
Cash Flow
Free Cash Flow	13.04B	17.30B	12.95B	-3.80B	11.54B
Operating Cash Flow	23.35B	25.93B	16.17B	734.73M	15.57B
Investing Cash Flow	-8.99B	-19.17B	-701.60M	-1.91B	-3.46B
Financing Cash Flow	-15.24B	-123.85M	-19.68B	610.01M	-8.31B

Jindal Saw Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 199.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 199 is below the 20-day moving average (MA) of 215.00, below the 50-day MA of 226.66, and below the 200-day MA of 254.71, indicating a bearish trend. The MACD of -6.95 indicates Positive momentum. The RSI at 35.78 is Neutral, neither overbought nor oversold. The STOCH value of 13.33 is Positive, 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
JINDALSAW	71 Outperform	₹127.26B	7.37		0.98%	-7.04%	-7.16%
WELCORP	71 Outperform	₹230.75B	11.45		0.57%	-12.29%	68.04%
MANINDS	69 Neutral	₹26.63B	16.89		0.85%	2.59%	26.56%
MAHSEAMLES	65 Neutral	₹91.08B	10.37		1.46%	-1.30%	0.51%
RATNAMANI	57 Neutral	₹163.68B	28.68		0.60%	1.71%	-4.60%
RAMASTEEL	57 Neutral	₹16.81B	77.89		―	15.67%	-28.54%
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%

Jindal Saw Limited Corporate Events

Jindal Saw Limited Releases Q1 2025 Financial Results

Jindal Saw Limited has released its unaudited financial results for the quarter ending June 30, 2025, reviewed by Price Waterhouse Chartered Accountants LLP. The results, prepared in accordance with SEBI regulations, show no material misstatements, and the company is addressing an appeal related to its subsidiary, Jindal ITF Limited, which may impact its investment value. This announcement reflects the company’s ongoing commitment to transparency and regulatory compliance, potentially influencing stakeholder confidence and market positioning.

Jindal Saw Limited Announces Key Management Changes

Jindal Saw Limited announced significant changes in its management structure, effective August 2025. The Board of Directors approved the change in designation of Shri Neeraj Kumar from Group CEO and Whole Time Director to Non-Executive Non-Independent Director, and Shri Narendra Mantri from Chief Financial Officer to Chief Operating and Financial Officer. Additionally, Deloitte Haskins and Sells LLP was appointed as the internal auditors for the financial year 2025-26. These changes are expected to impact the company’s operational dynamics and strategic direction.

Jindal Saw Limited Announces Investor Meet for Q1 FY26 Earnings

Jindal Saw Limited has announced an upcoming investor meet organized by ICICI Securities Limited to discuss the company’s Q1 FY26 financial results. This conference call, scheduled for August 6, 2025, will provide analysts and investors with insights into the company’s financial performance, potentially impacting stakeholder perceptions and market positioning.