Jindal Saw Limited

Capital Goods · Industrial Products

NSE: JINDALSAW BSE: 500378

₹277.70

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Industrial Products

The largest companies in the same industry by market cap. This company ranks #22 of 335. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Cummins India Limited	131,947	57.8	27.9%	23.7%	1.39%	84	0	27
Polycab India Limited	120,900	43.0	22.3%	9.2%	0.59%	83	27	61
Welspun Corp Limited	71,672	81.9	17.2%	217.6%	0.18%	71	0	53
APL Apollo Tubes Limited	60,810	105.9	22.7%	26.5%	—	68	0	51
Supreme Industries Limited	43,837	46.5	15.5%	-17.6%	—	76	0	49
KEI Industries Limited	42,590	42.7	13.8%	10.4%	0.10%	70	29	61
Astral Limited	36,816	56.6	13.2%	-0.4%	—	76	12	12
AIA Engineering Limited	36,106	27.9	15.8%	19.1%	0.41%	71	29	61
Jindal Saw Limited (this stock)	17,759	33.4	7.5%	35.8%	—	47	49	31

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹20,277 Cr

EV / EBITDA

12.5x

EV / Sales

1.35x

Market cap / Sales

1.18x

Earnings yield

2.99%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 3,756 Cr, up 12.9% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	3,721	145	110	₹1.7200
March 31, 2026	3,818	156	114	₹1.7900
Dec. 31, 2025	4,129	302	227	₹3.5600
Sept. 30, 2025	3,372	105	79	₹1.2400
June 30, 2025	3,300	307	364	₹5.7100
March 31, 2025	4,401	635	474	₹7.4500
Dec. 31, 2024	4,474	626	477	₹
Sept. 30, 2024	4,724	625	477	₹7.4900
June 30, 2024	4,337	601	446	₹14.0200
March 31, 2024	4,919	710	529	₹16.6400
Dec. 31, 2023	4,718	619	452	₹14.2300
Sept. 30, 2023	4,561	474	348	₹10.9500
June 30, 2023	3,763	374	277	₹8.7100

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23
Total income (before exceptional items)	3,756	3,852	4,157	3,409	3,327	4,449	4,790	4,417	5,006	4,786	4,611	3,831	4,676
Operating revenue	3,721	3,818	4,129	3,372	3,300	4,401	4,724	4,337	4,919	4,718	4,561	3,763	4,520
Other income	34	33	27	37	26	48	66	80	87	67	50	68	157
Operating expenses	3,415	3,439	3,630	3,074	2,767	3,593	3,915	3,575	4,034	3,896	3,860	3,216	4,003
Operating profit	307	380	500	298	533	808	809	762	885	823	701	547	517
Operating profit margin	8.2%	9.9%	12.1%	8.8%	16.2%	18.4%	17.1%	17.6%	18.0%	17.4%	15.4%	14.5%	11.4%
Depreciation	125	129	122	122	122	122	119	119	120	122	117	108	99
Interest	71	127	103	108	131	99	131	122	143	149	160	132	134
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	145	156	302	105	307	635	625	601	710	619	474	374	440
Tax	35	42	75	25	-57	161	148	155	181	167	126	97	86
Net profit	110	114	227	79	—	474	477	446	529	452	348	277	355
EPS	1.72	1.79	3.56	1.24	5.71	7.45	7.49	14.02	16.64	14.23	10.95	8.71	11.16
Net profit (TTM)	530	—	—	—	—	1,926	1,904	1,776	1,606	1,432	1,245	958	709
EPS (TTM)	8.31	12.30	17.96	21.89	34.67	45.60	52.38	55.84	50.53	45.05	39.18	30.16	22.33

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	14,620	870	784
March 31, 2025	17,936	2,488	1,874
March 31, 2024	17,962	2,188	1,614
March 31, 2023	15,282	924	709

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	-2.1%	10.6%	14,745^†	—	18,235^†	15,703^†	11,240^†	8,910^†	10,327^†	10,051^†	7,562^†	6,151^†
Operating revenue	-1.5%	11.1%	14,620	17,936	17,962	15,282	11,022^†	8,632^†	10,129^†	9,808^†	7,340^†	5,947^†
Other income	—	—	124^†	—	273^†	421^†	218^†	278^†	199^†	243^†	222^†	204^†
Operating expenses	—	—	12,910^†	—	15,006^†	13,876^†	9,855^†	7,653^†	8,775^†	8,534^†	6,307^†	4,725^†
Operating profit	6.7%	11.8%	1,710^†	—	2,956^†	1,407^†	1,167^†	979^†	1,354^†	1,274^†	1,033^†	1,222^†
Operating profit margin	—	—	11.7%^†	—	16.5%^†	9.2%^†	10.6%^†	11.3%^†	13.4%^†	13.0%^†	14.1%^†	20.6%^†
Depreciation	—	—	494^†	—	467^†	374^†	372^†	346^†	310^†	281^†	258^†	239^†
Interest	—	—	470^†	—	584^†	529^†	369^†	404^†	516^†	496^†	415^†	380^†
Exceptional items, gain / (loss)	—	—	0^†	—	0^†	0^†	-7^†	0^†	-135^†	0^†	-30^†	-31^†
Profit before tax	-2.0%	11.4%	870	2,488	2,188	924	637^†	507^†	592^†	739^†	551^†	471^†
Tax	—	—	86^†	—	571^†	215^†	232^†	178^†	-3^†	241^†	172^†	163^†
Net profit	3.4%	19.0%	784	1,874	1,614	709	406^†	329^†	594^†	—	—	308^†
EPS	-18.0%	3.5%	12.30^†	—	50.53^†	22.33^†	12.76^†	10.35^†	18.59^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	11.7%^†	—	16.5%^†	9.2%^†	10.6%^†	11.3%^†	13.4%^†	13.0%^†	14.1%^†	20.6%^†
EBIT margin	9.2%^†	—	15.4%^†	9.5%^†	9.1%^†	10.6%^†	10.9%^†	12.6%^†	13.2%^†	14.3%^†
PBT margin	6.0%	13.9%	12.2%	6.0%	5.8%^†	5.9%^†	5.8%^†	7.5%^†	7.5%^†	7.9%^†
Net margin	5.4%	10.5%	9.0%	4.6%	3.7%^†	3.8%^†	5.9%^†	—	—	5.2%^†
Interest coverage	2.85x^†	—	4.75x^†	2.75x^†	2.73x^†	2.25x^†	2.15x^†	2.49x^†	2.33x^†	2.24x^†
Dividend payout	—	—	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—	—	—
Current ratio	1.52x	1.52x	—	—	—	—	—	—	—	—
Quick ratio	0.67x	0.75x	—	—	—	—	—	—	—	—
Debt to equity	0.22x	0.26x	—	—	—	—	—	—	—	—
Return on equity	6.2%	15.7%	—	—	—	—	—	—	—	—
Return on assets	4.0%	9.9%	—	—	—	—	—	—	—	—
Return on capital employed	9.4%^†	—	—	—	—	—	—	—	—	—
Asset turnover	0.75x	0.94x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	1,638	-1,022	-892	861	777
March 31, 2025	1,855	-303	-1,519	947	908
March 31, 2024	2,137	-1,657	-40	793	1,344
March 31, 2023	1,338	-47	-1,689	196	1,142
March 31, 2022	191	-288	161	330	-139

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	19,549	12,593	12,529	2,189	566	8,140	5,367	238	8,279	4,545
March 31, 2025	18,992	11,938	11,874	2,446	599	8,295	5,450	514	7,733	4,182
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.