Check Before You Invest : Jindal Saw Ltd

Q: Which industry/sub-sector does Jindal Saw Ltd belong to?

Jindal Saw Ltd belongs to the Metals & Mining sector, operating specifically within the Steel & Iron Products segment.

Q: Is Jindal Saw Ltd a good quality company?

Jindal Saw Ltd is a average quality company, based on a somewhat consistent multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is Jindal Saw Ltd undervalued or overvalued?

Jindal Saw Ltd appears Overvalued, as its key valuation ratios are higher than their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 17.87, Historic Median: 9.84. Price to Book, Current: 1.11, Historic Median: 0.97. Price to Sales, Current: 0.96, Historic Median: 0.70. EV to EBITDA, Current: 8.98, Historic Median: 5.59

Q: Is Jindal Saw Ltd a good buy now?

Jindal Saw Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of Jindal Saw Ltd?

Jindal Saw Ltd revenue growth is -18.5% for FY-2026, which is below its 5-year CAGR of 11.11%, indicating slower growth.

Q: Gross Profit margin of Jindal Saw Ltd?

Jindal Saw Ltd Gross profit margin which is the profit after deduction of direct costs, is 9.3% for FY-2026, which is in line with its 5-year median of 9.3%, indicating stable margins.

Q: Operating Profit Margin of Jindal Saw Ltd?

Jindal Saw Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 11.54% for FY-2026, which is in line with its 5-year median of 11.54% indicating stable margins.

Q: Net Profit Margin of Jindal Saw Ltd?

Jindal Saw Ltd Net Profit Margin is 5.36% for FY-2026, is in line with its 5-year median of 5.36%, indicating stable margins. Profitability Metrics. Gross Profit Margin (%), Current: 9.3, Historic Median: 9.3. Operating Profit Margin (%), Current: 11.54, Historic Median: 11.54. Net Profit Margin (%), Current: 5.36, Historic Median: 5.36

Q: Return on Asset of Jindal Saw Ltd?

Jindal Saw Ltd Return on Asset is 4.07%, which is below its 5-year historical median of 4.66%, indicating deteriorated asset utilization efficiency.

Q: Return on capital employed (ROCE) of Jindal Saw Ltd?

Jindal Saw Ltd Return on capital employed is 8.86% for FY-2026, which is below its 5-year historical median of 12.77%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 13.5%, indicating value preservation.

Check Before You Invest : Jindal Saw Ltd

Snapshot

Q.1 Which industry/sub-sector does Jindal Saw Ltd belong to?

Jindal Saw Ltd belongs to the Metals & Mining sector, operating specifically within the Steel & Iron Products segment.

Q.2 Is Jindal Saw Ltd a good quality company?

Jindal Saw Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Jindal Saw Ltd undervalued or overvalued?

Jindal Saw Ltd appears Overvalued, as its key valuation ratios are higher than their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	17.87	9.84
Price to Book	1.11	0.97
Price to Sales	0.96	0.70
EV to EBITDA	8.98	5.59

Q.4 Is Jindal Saw Ltd a good buy now?

Jindal Saw Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Jindal Saw Ltd?

Jindal Saw Ltd revenue growth is -18.5% for FY-2026, which is below its 5-year CAGR of 11.11%, indicating slower growth.

Q.2 Gross Profit margin of Jindal Saw Ltd?

Jindal Saw Ltd Gross profit margin which is the profit after deduction of direct costs, is 9.3% for FY-2026, which is in line with its 5-year median of 9.3%, indicating stable margins.

Q.3 Operating Profit Margin of Jindal Saw Ltd?

Jindal Saw Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 11.54% for FY-2026, which is in line with its 5-year median of 11.54% indicating stable margins.

Q.4 Net Profit Margin of Jindal Saw Ltd?

Jindal Saw Ltd Net Profit Margin is 5.36% for FY-2026, is in line with its 5-year median of 5.36%, indicating stable margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	9.3	9.3
Operating Profit Margin (%)	11.54	11.54
Net Profit Margin (%)	5.36	5.36

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Jindal Saw Ltd?

Jindal Saw Ltd Return on Asset is 4.07%, which is below its 5-year historical median of 4.66%, indicating deteriorated asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Jindal Saw Ltd?

Jindal Saw Ltd Return on capital employed is 8.86% for FY-2026, which is below its 5-year historical median of 12.77%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 13.5%, indicating value preservation.

Q.7 Return on Equity (ROE) of Jindal Saw Ltd?

Jindal Saw Ltd Return on equity is 6.41% for FY-2026, which is below its 5-year historical median of 9.17%, indicating the business is making worse use of its shareholders capital.

Q.8 Cash conversion cycle of Jindal Saw Ltd?

Jindal Saw Ltd Cash conversion cycle is 139 days, above its 5-year historical median of 90 days, indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	0.76	0.95
ROE (%)	6.41	9.17
ROCE (%)	8.86	12.77
Cash Conversion Cycle	139 days	90 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Jindal Saw Ltd?

Jindal Saw Ltd Debt-to-Equity ratio is 0.22, which is lower the industry average of 0.31, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of Jindal Saw Ltd?

Jindal Saw Ltd Debt to cash flow from operations is 1.66, which is at a moderate level.

Ownership & governance

D: Promoter shareholding and pledge status of Jindal Saw Ltd?

Q.1 Promoter shareholding and pledge status of Jindal Saw Ltd?

Promoters hold 63.25% of the Jindal Saw Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Jindal Saw Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Jindal Saw Ltd vs industry peers?

Jindal Saw Ltd revenue CAGR is 11.11%, compared to the industry median CAGR of 7.56%, indicating faster growth and gaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	-18.5	7.6
Gross Profit Growth (%)	-54	19.3
Operating Profit Growth (%)	-46.1	13.8
Net Profit Growth (%)	-58.2	24.6

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	0.76	1.27
ROE (%)	6.41	8.04
ROCE (%)	8.86	11.28
Cash Conversion Cycle (days)	138.56	72

Valuation & price assessment

Q.1 Stock return of Jindal Saw Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 26.8% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	26.8%	37.5%	31.9%	4.7%

Q.2 Valuation ratios of Jindal Saw Ltd vs historical?

The current P/E ratio of 17.87 is higher than its historical median of 9.84, indicating that the stock is trading above its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	17.87	9.84	17.36
Price to Book	1.11	0.97	1.63
Price to Sales	0.96	0.70	0.74
EV to EBITDA	8.98	5.59	10.05

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Check Before You Invest : Jindal Saw Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

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