Jindal Worldwide Limited (JINDWORLD) AI Stock Analysis

• Market Cap: ₹20.91B
• Dividend Yield: 0.13%
• Average Volume (3M): 24.17K
• Price to Earnings (P/E): 51.1
• Beta (1Y): 0.99
• Revenue Growth: 12.93%
• EPS Growth: -17.47%
• Country: IN
• Employees: 1,562
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.14
• Shares Outstanding: 1,002,602,000
• 10 Day Avg. Volume: 24,503
• 30 Day Avg. Volume: 24,170
• PEG Ratio: 73.32
• Price to Book (P/B): 9.39
• Price to Sales (P/S): 3.24
• P/FCF Ratio: 81.90
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: ₹21.50 ▼(-25.99% Downside)
• Action: Reiterated Date: 03/17/26
• Date: Action: Reiterated 03/17/26

The score is driven primarily by solid financial performance—strong revenue growth, healthy operating margins, and improved cash generation—partly offset by weak technicals (broad downtrend and negative momentum despite oversold signals) and an expensive valuation (high P/E with a modest dividend yield).

Positive Factors

Margin Structure

Sustained healthy gross and EBIT margins imply the company captures conversion value versus raw-material costs. Durable margin structure supports resilience to input cost swings, funds reinvestment in capacity/quality, and underpins longer-term operating profitability even if top-line growth fluctuates.

Cash Generation

A durable shift to positive operating cash flow and rising free cash flow materially improves liquidity and financial flexibility. Strong cash conversion reduces reliance on external financing, enables capex or working-capital funding internally, and lowers execution risk across textile cycles over months.

Vertical Manufacturing Model

Integrated manufacturing and finishing across the textile value chain creates control over quality, cost and lead times. Vertical exposure to denim and woven fabrics supports customer stickiness, differentiation in product mix and more stable margin capture versus pure commodity yarn sellers.

Negative Factors

Net Profit Margin

A persistently low net profit margin indicates limited bottom-line capture after operating costs, interest and taxes. Over 2–6 months this constrains retained earnings available for deleveraging, capex or dividends and raises sensitivity to cost inflation or demand softness in apparel markets.

Balance Sheet Efficiency

A suboptimal equity ratio and moderate debt usage reduce financial headroom and can limit strategic flexibility. Over months this may elevate refinancing or liquidity risk during demand troughs and constrain investments in modernization or capacity needed to capture structural textile demand.

Revenue Trend Volatility

Material negative revenue growth in recent data signals volatile demand or sales disruption. Revenue contraction undermines margin leverage and cash generation consistency; addressing order visibility and customer mix is necessary to stabilize top-line in the coming quarters.

Jindal Worldwide Limited Business Overview & Revenue Model

Company Description

Jindal Worldwide Limited, together with its subsidiaries, manufactures and sells textile products in India. The company offers denim products, bottom weight fabrics, shirting fabrics, yarn dyed fabrics, and bed sheets. It also exports its products. Jindal Worldwide Limited was incorporated in 1986 and is based in Ahmedabad, India.

How the Company Makes Money

Jindal Worldwide Limited primarily makes money by manufacturing and selling textile products—especially denim fabric and other woven/fashion fabrics—to downstream customers such as garment manufacturers, brands, exporters, and textile traders. Revenue is largely generated from: (1) Sale of finished fabrics: the core stream, where the company earns income based on volumes shipped and realized fabric prices that reflect cotton/yarn costs, processing value-add, product mix (e.g., denim vs. other woven fabrics), and market demand. (2) Value-added textile processing: earnings from processing activities (such as dyeing/finishing and related services) embedded in the realized selling price of fabrics; these activities typically contribute through conversion margins over raw materials. (3) Export and domestic sales mix: the company can generate revenue from both Indian and international customers, with export performance affecting realizations due to foreign demand conditions and currency movements. Profitability is influenced by input costs (notably cotton/yarn, chemicals, power/fuel), capacity utilization, product mix, and working-capital intensity typical of textile manufacturing. Specific details on material partnerships, customer concentration, or segment-level revenue breakdown are null.

Jindal Worldwide Limited Financial Statement Overview

Summary

Strong revenue growth and healthy gross/EBITDA margins support operating strength. Cash flows improved materially with positive operating cash flow and strong free cash flow growth. Offsetting factors include relatively low net profit margin and a balance sheet that is solid but not optimal on equity ratio/asset efficiency.

Income Statement

Jindal Worldwide Limited has shown a strong revenue growth trajectory, with a notable increase from the previous fiscal year. The gross profit margin and EBIT margin are healthy, indicating effective cost management and operational efficiency. However, the net profit margin is relatively low, suggesting potential areas for improvement in profitability. EBITDA margin also reflects strong earnings before interest, taxes, depreciation, and amortization, supporting overall financial health.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio, indicating a balanced approach to leveraging. The company has a solid equity base, but the equity ratio is somewhat lower than optimal, suggesting a need for stronger asset management. Return on equity is satisfactory, demonstrating the company’s ability to generate earnings from shareholder investments.

Cash Flow

Cash flow analysis reveals a significant improvement in operating cash flow, which is now positive, enhancing liquidity. The free cash flow growth rate is impressive, marking a turnaround from previous deficits. Operating and free cash flow to net income ratios indicate effective cash management and ability to convert income to cash, though further strengthening is advisable.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	23.43B	22.88B	18.04B	20.41B	25.33B	16.89B
Gross Profit	4.90B	4.59B	2.16B	2.51B	3.66B	2.65B
EBITDA	1.74B	1.97B	1.85B	2.40B	2.22B	1.41B
Net Income	698.20M	758.69M	756.48M	1.16B	1.09B	442.08M
Balance Sheet
Total Assets	15.77B	17.96B	17.41B	16.77B	12.44B	10.13B
Cash, Cash Equivalents and Short-Term Investments	2.70B	3.07B	3.07B	3.10B	341.73M	343.61M
Total Debt	5.82B	7.96B	8.83B	8.37B	5.99B	4.44B
Total Liabilities	7.58B	10.06B	10.22B	10.27B	7.08B	5.93B
Stockholders Equity	8.19B	7.90B	7.19B	6.50B	5.36B	4.20B
Cash Flow
Free Cash Flow	813.97M	905.57M	-285.53M	963.74M	-987.91M	806.56M
Operating Cash Flow	857.08M	1.12B	48.52M	3.06B	-946.06M	978.76M
Investing Cash Flow	1.25B	20.05M	-52.45M	-2.12B	-110.14M	669.54M
Financing Cash Flow	-2.36B	-912.08M	-80.18M	1.84B	1.05B	-1.52B

Jindal Worldwide Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 29.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JINDWORLD, the sentiment is Negative. The current price of 29.05 is above the 20-day moving average (MA) of 23.78, above the 50-day MA of 25.72, and below the 200-day MA of 36.38, indicating a bearish trend. The MACD of -1.53 indicates Positive momentum. The RSI at 26.37 is Positive, neither overbought nor oversold. The STOCH value of 10.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JINDWORLD.

Jindal Worldwide Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ICIL	67 Neutral	₹46.01B	57.24	―	0.74%	10.86%	-47.15%
PGIL	66 Neutral	₹67.87B	34.81	―	0.77%	24.93%	20.57%
SANGAMIND	63 Neutral	₹21.58B	25.56	―	0.45%	13.88%	-0.56%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
ORIENTELEC	60 Neutral	₹34.49B	36.16	―	0.82%	6.63%	42.16%
JINDWORLD	58 Neutral	₹20.91B	51.05	―	0.13%	12.93%	-17.47%
LUXIND	52 Neutral	₹25.86B	64.82	―	0.18%	16.32%	-20.97%