Jindal Saw Ltd Stock Price Today (NSE: JINDALSAW)

Jindal Saw Ltd

258.48+10.57 (+4.26%)
Market Closed

Fundamental Score

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Jindal Saw Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Jindal Saw Ltd share price today is 258.48, up +4.26% on NSE/BSE as of 17 June 2026. Jindal Saw Ltd (JINDALSAW) is a Mid-cap company in the Iron & Steel Products sector with a market capitalisation of 10.66K (Cr). The 52-week high for JINDALSAW share price is 251.70 and the 52-week low is 153.00. At a P/E ratio of 7.76x, JINDALSAW is currently trading below its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 16.31% and a debt-to-equity ratio of 0.43.

Jindal Saw Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
258.48
Low
214.01
Volume
25.5L
Change
+0.37%

Jindal Saw Ltd share price chart: 0.37% return over the past month. 52-week high ₹251.70, 52-week low ₹153.00.

Jindal Saw Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
240.88242.99235.01241.1211.69L (Cr)
247.10247.57240.01240.8816.28L (Cr)
248.00251.70240.18247.0940.42L (Cr)
228.20247.00228.20246.0758.31L (Cr)
226.00232.01225.55228.8715.11L (Cr)
222.30231.30222.30225.9416.83L (Cr)
218.70222.00214.01220.0014.30L (Cr)
219.97222.94216.14217.089.67L (Cr)
221.96222.94214.35217.5415.63L (Cr)
221.10226.40218.23223.6721.46L (Cr)

Jindal Saw Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
247.10247.57235.01241.12-2.42%
222.75251.70214.01247.09+10.93%
187.51249.79184.45222.75+18.79%
173.75211.00159.06183.12+5.39%
172.00198.90169.06185.37+7.77%
168.40195.00154.00175.77+4.38%
163.80171.27153.00167.94+2.53%
175.40176.20160.27162.77-7.20%
203.00213.60175.00175.25-13.67%
198.20224.70197.80202.82+2.33%
210.75216.29196.02197.29-6.39%
241.10244.91210.00210.43-12.72%

AI Research Briefing

Powered by Gemini · 2026-04-09

Jindal Saw's fate hinges on converting its massive order book into tangible revenue amidst cyclical steel market headwinds.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSENegative: 1M: -4.91%, 3M: -18.81%, 6M: -23.28%P/E of 7.76x vs. Industry P/E of 22.05x suggests undervaluation.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Jindal Saw filed its Q4FY26 compliance certificate under SEBI regulations on April 6, 2026. On March 11, 2026, the stock surged with exceptional volume, gaining 11.43% and closing at This followed positive momentum from the Jal Jeevan Mission extension. Virtual investor meetings were held between March 23-25, 2026.

CORE STORY (THE REAL GAME)

Jindal Saw is a play on India's infrastructure buildout, specifically water infrastructure and oil & gas pipelines. The market narrative hinges on the execution of its large order book and ability to capitalize on government initiatives like the Jal Jeevan Mission.

Why Now
  • Record order book of $1.481 billion provides revenue visibility
  • Positive momentum from Jal Jeevan Mission extension
  • Sequential recovery in Q3FY26 revenues
Potential Catalysts
  • New order wins, especially in the export market
  • Faster execution of existing orders and improved working capital management
  • Increase in steel prices
Key Risks
  • Small-cap: liquidity risk
  • Q3FY26 net profit decline of 48% YoY
  • Past SEBI case and API license suspension raise governance concerns
Institutional Activity

FII increased their stake by 0.23% while DII decreased their stake by 0.42%.

Macro Context

Indian steel industry is growing, but faces challenges from fluctuating raw material costs and geopolitical crises.

Order Book / Expansion

Record order book of $1.481 billion as of Q3FY26.

Cash Flow Quality

Yes, Free Cash Flow 5Y: ₹5338.77 Cr

3–6 Month Outlook

Jindal Saw's near-term performance depends on its ability to execute its order book and manage working capital. Long-term growth will be driven by infrastructure spending and international expansion.

Primary Thesis Risk

Failure to convert order book into revenue due to execution challenges or cyclical downturn.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Average

Return on Equity (ROE)

16.31%

Profit generated per ₹1 of shareholder equity

Good

Return on Capital (ROCE)

19.37%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

13.27%

Average operating profit margin over 5 years

Good

Dividend Yield

1.20%

Annual dividend as % of current share price

Jindal Saw Ltd Valuation Check

Excellent

Price to Earnings (P/E)

7.76x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

22.05x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

63.24%

% shares held by company founders/management

Good

FII Holding

15.35%

% shares held by foreign institutional investors

Poor

DII Holding

4.35%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

21.53%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-69.60%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-24.02%

Revenue growth vs same quarter last year

Good

Revenue Growth (5-Year CAGR)

12.37%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

23.92%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

23.92%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Good

Debt to Equity Ratio

0.43x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

3.63x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

5.34K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Jindal Saw Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of JINDALSAW across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Strong Return on Equity (16.31%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (19.37%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 7.76 vs Industry: 22.05)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Consistent Growth Track Record (12.37% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (23.92% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (23.92% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Cash Generation (₹5338.77 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (63.24%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Risk Factors

3 factors identified

Profit Decline Concern (-69.60%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-24.02%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

High Share Pledging Risk (21.53%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

Jindal Saw Ltd vs Iron & Steel Products Peers

Peer Comparison - Iron & Steel Products

Compare Jindal Saw Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
42.5/100
258
₹10658.72
7.8
Average
16.31%
Good
19.37%
Good
0.4
Excellent
23.92%
Excellent
12.37%
Good
1.20%
58.2/100
1868
₹48140.62
45.9
Average
18.95%
Good
22.36%
Excellent
0.2
Excellent
25.60%
Excellent
21.78%
Excellent
0.33%
68/100
976
₹22904.25
23.6
Average
8.99%
Poor
12.05%
Average
0.1
Excellent
21.75%
Excellent
28.17%
Excellent
0.55%
68.3/100
1353
₹22738.84
12.8
Average
18.59%
Good
21.24%
Excellent
0.2
Excellent
13.17%
Good
7.02%
Good
0.58%
68/100
2587
₹16673.81
27.5
Average
16.01%
Good
21.51%
Excellent
0.1
Excellent
12.03%
Good
14.94%
Good
0.59%
58.9/100
282
₹16393.58
22.1
Average
17.23%
Good
23.25%
Excellent
0.0
Excellent
36.29%
Excellent
10.43%
Good
0.42%
61.5/100
689
₹14229.55
28.9
Average
15.11%
Good
19.20%
Good
0.2
Excellent
77.96%
Excellent
37.76%
Excellent
0.21%
43.7/100
510
₹12879.99
30.5
Average
15.83%
Good
18.75%
Good
0.1
Excellent
-0.10%
Poor
10.03%
Good
0.71%
62/100
635
₹7894.79
10.1
Average
12.90%
Average
16.63%
Good
0.0
Excellent
36.46%
Excellent
14.78%
Good
1.70%
38.5/100
105
₹6850.49
18.2
Average
4.86%
Poor
12.59%
Average
0.9
Good
16.22%
Excellent
10.52%
Good
0.00%
68.6/100
237
₹5747.74
17.5
Average
14.88%
Average
20.70%
Excellent
0.1
Excellent
27.51%
Excellent
6.34%
Good
1.61%

Jindal Saw Ltd PE Ratio History

Historical price-to-earnings ratio for JINDALSAW — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202527.22₹167.946.2x
FY 202426.33₹291.4011.1x
FY 202310.13₹206.0320.3x
FY 20226.48₹51.778x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Jindal Saw Ltd Dividend History

Annual cash dividends paid by JINDALSAW — dividend yield 1.20%

Financial YearDividends Paid (₹ Cr)
FY 2025127.34 Cr
FY 2024100.10 Cr
FY 202363.10 Cr
FY 202263.07 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Jindal Saw Ltd Quarterly Performance

Latest quarterly metrics for JINDALSAW — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-24.02%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-69.60%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

12.37%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

23.92%

Compounded annual net profit growth over 5 years

Jindal Saw Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for JINDALSAW — calculated from daily price history

53RSI 14
Neutral — RSI 53

Momentum is balanced — neither overbought nor oversold.

SMA 50
217
▲ Price above SMA 50 — Short-term bullish
SMA 200
192
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
3013K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Jindal Saw Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Jindal Saw Ltd (JINDALSAW) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Jindal Saw Ltd

About JINDALSAW (Jindal Saw Ltd)

Jindal Saw Ltd is a global behemoth in the iron and steel industry, carving its mark as a manufacturer of essential infrastructure components. The company specializes in crafting h...igh-grade submerged arc welded (SAW) pipes, precisely engineered for the rigorous demands of energy transportation. Their offerings encompass a comprehensive suite of solutions including line pipes designed for seamless fluid transmission, and specialized double jointing for enhanced pipeline integrity. Beyond mere fabrication, Jindal Saw invests heavily in specialized protective coatings and connector casings. This extends to sophisticated hot pulled induction bends, monel sheathing for superior corrosion resistance, and even crucial anode components, all meticulously designed to safeguard pipelines conveying oil, gas, water, and even abrasive slurries. Beyond SAW pipes, Jindal Saw extends its expertise into the realm of ductile iron pipes and fittings, a critical component for modern water and wastewater management. These robust and reliable pipes are meticulously engineered to ensure the safe and efficient conveyance of potable water and the effective removal of wastewater, thereby bolstering public health and environmental sustainability. The company meticulously controls every aspect of the manufacturing process, guaranteeing consistent quality and adherence to stringent international standards. This dedication makes Jindal Saw a trusted partner for municipalities, utilities, and infrastructure developers, seeking lasting solutions for their water and wastewater infrastructure needs. Jindal Saw's commitment to innovation and quality positions it as a pivotal player in the global infrastructure landscape. By seamlessly integrating advanced manufacturing techniques with a deep understanding of material science, the company consistently delivers products that exceed expectations. This focus on durable, high-performance solutions allows Jindal Saw to cater to the evolving needs of diverse industries, from energy and water to construction and transportation. Their global reach is a testament to their dedication to delivering reliable products, supporting crucial infrastructure projects worldwide, and reinforcing their position as a leader in the iron and steel product sector.

Company Details

Symbol:JINDALSAW
Industry:Iron & Steel Products
Sector:Iron & Steel Products

Key Leadership

Mr. Vinay Kumar Gupta C.A.
President & Head of Treasury
Mr. Dharmendra Gupta Ph.D.
President & Unit Head of Bhilwara
Mr. Maneesh Kumar
President and Global Marketing & Business Head of DI Business

JINDALSAW Share Price: Frequently Asked Questions

What is the current share price of Jindal Saw Ltd?

Jindal Saw Ltd (JINDALSAW) trades at ₹258.48 on NSE and BSE. Market cap ₹10.66K (Cr). Educational data only.

What is the P/E ratio of Jindal Saw Ltd?

Jindal Saw Ltd has a P/E of 7.76x vs industry average 22.05x.

What is the Bull Run score for Jindal Saw Ltd?

Jindal Saw Ltd has a Bull Run score of 42.5/100 based on 25+ financial parameters.

Does Jindal Saw Ltd pay dividends?

Jindal Saw Ltd has a dividend yield of 1.20%. Past dividends don't guarantee future payments.

What is the ROE of Jindal Saw Ltd?

Jindal Saw Ltd has ROE of 16.31%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Jindal Saw Ltd?

Jindal Saw Ltd has debt-to-equity of 0.43.

Is Jindal Saw Ltd a good investment?

Bull Run gives Jindal Saw Ltd a score of 42.5/100. This is not investment advice — consult a SEBI-registered advisor.