Jindal Saw Limited
Jindal Saw Limited operates in Iron & Steel Products, part of the Capital Goods sector. It booked ₹4,472 cr of revenue in its latest quarter (Q2 FY27) and kept 1.1% of sales as profit. It is the 5th largest of 9 Iron & Steel Products companies we track, by market value.
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“The Company is a leading manufacturer and supplier of Iron & Steel pipes and pellets having manufacturing facilities in India.”
Healthier than 47% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 19–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 42
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in JINDALSAW?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹4,472 cr |
| Other Income | ₹51 cr |
| Total Income | ₹4,523 cr |
| Cost of Materials | ₹2,397 cr |
| Purchases of Stock-in-Trade | ₹5 cr |
| Inventory Change (±) | ₹434 cr |
| Employee Benefit Expense | ₹439 cr |
| Finance Costs | ₹125 cr |
| Depreciation & Amortisation | ₹169 cr |
| Other Expenses | ₹936 cr |
| Total Expenses | ₹4,505 cr |
| Profit before Tax | ₹18 cr |
| Tax Expense | ₹-21 cr |
| Share of JV / Associates | ₹-3 cr |
| Net Profit | ₹35 cr |
| Net margin on total income | 0.8% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 4,633 cr | 4,452 cr | 4,472 cr |
| Total income | 4,657 cr | 4,476 cr | 4,523 cr |
| Expenses | 4,482 cr | 4,328 cr | 4,505 cr |
| Profit before tax | 175 cr | 148 cr | 18 cr |
| Tax | 48 cr | 52 cr | -21 cr |
| Net profit (owners' share) | 139 cr | 104 cr | 47 cr |
| Net margin (owners' share, on revenue) | 3.0% | 2.3% | 1.1% |
| EPS (₹) | 2.19 | 1.63 | 0.74 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Welspun Corp Limited | ₹2,316 | ₹61,083 cr | 30.6 | 18.8% | 10.7% | — |
| APL Apollo Tubes Limited | ₹2,153 | ₹59,783 cr | 39.5 | 26.6% | 5.5% | — |
| Shyam Metalics and Energy Limited | ₹1,220 | ₹33,885 cr | 16.6 | 16.6% | 8.6% | — |
| Ratnamani Metals & Tubes Limited | ₹2,380 | ₹16,682 cr | 50.8 | 8.0% | 8.5% | — |
| Jindal Saw Limitedthis company | ₹247 | ₹15,794 cr | 83.4 | 1.5% | 1.1% | — |
| Usha Martin Limited | ₹461 | ₹14,057 cr | 24.7 | 17.2% | 13.7% | — |
| Gallantt Ispat Limited | ₹526 | ₹12,693 cr | 52.4 | 6.9% | 5.3% | — |
| Godawari Power And Ispat limited | ₹193 | ₹11,889 cr | 13.4 | 15.3% | 12.7% | — |
| Jayaswal Neco Industries Limited | ₹90 | ₹8,704 cr | 9.5 | 27.7% | 10.5% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹2 / share | 22 May 2026 |
| Dividend | ₹2 / share | 5 Jun 2025 |
| Stock split | Stock Split From Rs.2/- to Rs.1/- | 9 Oct 2024 |
| Dividend | ₹4 / share | 11 Jun 2024 |
| Dividend | ₹3 / share | 13 Jun 2023 |
| Dividend | ₹2 / share | 19 Sep 2022 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 74 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.