NSE JINDALSAW · BSE 500378 · Constr. - Supplies & Fixtures · NIFTY 500
Jindal SAW Share Price
Jindal SAW Overview
Where the price stands, how it has moved and how it sits against its averages.
Jindal SAW shares last traded at ₹288.00 on the NSE, up 0.99% on the day. That is 10.0% below the 52-week high of ₹319.95 and 88.0% above the 52-week low of ₹153.20. The stock trades at 27.86× earnings, above the sector average of 17.48. Its market value is ₹18,206 Cr.
Price returns
Against the market: 1 Month ▼ −4.59% · 3 Months ▲ +13.78% · 6 Months ▲ +53.61% · This year ▲ +95.24% · 1 Year ▲ +44.67%
Shading grows with the size of the move. We ask our data provider for a newer price every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next check from Mon 26 Oct, 9:15 AM. Its quotes are not real-time — the time at the top shows how current the price is.
Moving averages — price is above 3 of 6
- 20-day average₹302.37 ▼ price 4.8% below
- 10-day average₹296.42 ▼ price 2.8% below
- 5-day average₹290.56 ▼ price 0.9% below
- Today's price₹288.00
- 50-day average₹280.89 ▲ price 2.5% above
- 100-day average₹263.31 ▲ price 9.4% above
- 300-day average₹223.34 ▲ price 29.0% above
Each average is the mean closing price over that many trading days; averages above the current price sit higher on the ladder.
Jindal SAW Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹17,895 Cr | ▼ −14.1% | ₹973 Cr | 5.4% | ₹15.11 | ₹2.00 |
| FY 2025 | ₹20,829 Cr | ▼ −0.6% | ₹1,738 Cr | 8.3% | ₹26.86 | ₹2.00 |
| FY 2024 | ₹20,958 Cr | ▲ +17.3% | ₹1,677 Cr | 8.0% | ₹26.31 | ₹2.00 |
| FY 2023 | ₹17,868 Cr | ▲ +34.4% | ₹644 Cr | 3.6% | ₹9.80 | ₹1.50 |
| FY 2022 | ₹13,298 Cr | ▲ +24.7% | ₹412 Cr | 3.1% | ₹6.57 | ₹1.00 |
| FY 2021 | ₹10,664 Cr | ▼ −8.3% | ₹319 Cr | 3.0% | ₹5.27 | ₹1.00 |
| FY 2020 | ₹11,627 Cr | — | ₹555 Cr | 4.8% | ₹5.60 | ₹1.00 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹4,452 Cr | ▼ −3.9% | ₹104 Cr | 2.3% | ₹1.63 |
| Q4 FY26 | ₹4,633 Cr | ▼ −6.3% | ₹139 Cr | 3.0% | ₹2.18 |
| Q3 FY26 | ₹4,943 Cr | ▲ +16.8% | ₹258 Cr | 5.2% | ₹4.04 |
| Q2 FY26 | ₹4,234 Cr | ▲ +3.6% | ₹152 Cr | 3.6% | ₹2.38 |
| Q1 FY26 | ₹4,085 Cr | ▼ −19.1% | ₹424 Cr | 10.4% | ₹6.63 |
| Q4 FY25 | ₹5,047 Cr | ▼ −4.3% | ₹291 Cr | 5.8% | ₹4.58 |
| Q3 FY25 | ₹5,271 Cr | ▼ −5.4% | ₹506 Cr | 9.6% | ₹7.92 |
| Q2 FY25 | ₹5,572 Cr | — | ₹500 Cr | 9.0% | ₹7.81 |
Balance sheet — FY26
- Total assets₹21,686 Cr
- Total liabilities₹9,112 Cr
- Shareholders' equity₹12,574 Cr
- Total debt₹4,691 Cr
- Cash & investments₹543 Cr
- Current ratio1.61×
- Revenue growth, 5 yr10.91% a year
- EPS growth, 5 yr23.43% a year
- Operating margin (TTM)7.12%
- Net margin (TTM)3.29%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 11,627.04 | 10,663.64 | 13,298.42 | 17,868.07 | 20,957.69 | 20,828.89 | 17,895.17 |
| Cost of revenue | 7,345.15 | 6,662.11 | 8,695.54 | 12,045.76 | 13,137.97 | 12,828.16 | 10,951.73 |
| Gross profit | 4,281.89 | 4,001.52 | 4,602.88 | 5,822.31 | 7,819.72 | 8,000.73 | 6,943.44 |
| Operating expenses | 10,686.36 | 9,936.85 | 12,416.01 | 16,716.49 | 18,337.47 | 17,996.76 | 16,311.95 |
| Operating income | 940.68 | 726.79 | 882.41 | 1,151.58 | 2,620.22 | 2,832.14 | 1,583.22 |
| Depreciation | 421.67 | 458.87 | 472.99 | 470.33 | 567.99 | 602.06 | 630.49 |
| Profit before tax | 466.61 | 499.28 | 621.47 | 719.49 | 2,215.67 | 2,348.97 | 1,075.71 |
| Tax | 202.04 | 154.83 | 240.00 | 289.12 | 624.81 | 913.91 | 158.10 |
| Net profit | 554.75 | 318.83 | 411.75 | 643.95 | 1,677.03 | 1,738.37 | 973.35 |
| EPS (₹) | 5.60 | 5.27 | 6.57 | 9.80 | 26.31 | 26.86 | 15.11 |
| Dividend per share (₹) | 1.00 | 1.00 | 1.00 | 1.50 | 2.00 | 2.00 | 2.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 15,474.70 | 16,225.43 | 16,850.30 | 18,239.77 | 21,021.58 | 20,778.99 | 21,686.19 |
| Current assets | 5,818.11 | 6,717.08 | 7,323.68 | 8,903.39 | 10,303.76 | 10,105.41 | 9,972.56 |
| Cash & short-term investments | 329.38 | 787.59 | 672.61 | 80.47 | 747.41 | 765.54 | 542.64 |
| Inventory | 2,956.27 | 3,162.35 | 4,070.96 | 4,210.06 | 5,046.32 | 5,113.48 | 5,399.16 |
| Property, plant & equipment | 7,901.44 | 7,708.51 | 7,639.89 | 7,715.03 | 9,417.92 | 9,916.21 | 10,796.61 |
| Total liabilities | 8,711.20 | 9,242.39 | 9,486.12 | 10,318.85 | 10,928.25 | 9,368.04 | 9,111.95 |
| Current liabilities | 5,840.67 | 6,424.49 | 7,138.84 | 7,966.63 | 8,325.60 | 6,983.29 | 6,187.67 |
| Total debt | 5,648.80 | 5,334.79 | 6,031.20 | 4,961.19 | 5,761.23 | 4,859.17 | 4,690.74 |
| Total equity | 6,763.50 | 6,983.03 | 7,364.18 | 7,920.92 | 10,093.33 | 11,410.96 | 12,574.24 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 1,664.63 | 1,569.71 | 73.47 | 1,615.92 | 2,592.90 | 2,335.16 | 1,771.39 |
| From investing | −468.58 | −358.59 | −191.31 | −70.65 | −1,917.36 | −898.80 | −955.39 |
| From financing | −1,168.05 | −831.16 | 61.00 | −1,966.45 | −12.39 | −1,523.56 | −1,073.28 |
| Capital expenditure | −571.72 | −403.46 | −453.49 | −323.17 | −862.99 | −1,031.34 | −1,076.01 |
| Dividends paid | −76.50 | −63.00 | −63.07 | −63.10 | −100.10 | −127.34 | −127.12 |
| Net change in cash | 28.45 | 379.08 | −55.29 | −419.04 | 663.49 | −85.66 | −248.69 |
Jindal SAW vs Peers
Side by side with other constr. - supplies & fixtures companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield |
|---|---|---|---|---|---|---|---|---|
| Jindal SAW This stock | ₹288.00 | ▲ +0.99% | ₹18,206 Cr | 27.86 | 1.46 | 11.59% | 3.29% | 0.69% |
| Grindwell Norton | ₹1,984.10 | ▲ +0.01% | ₹21,969 Cr | 55.36 | 9.11 | 18.95% | 13.56% | 0.91% |
| Carborundum Universal | ₹1,270.40 | ▼ −1.90% | ₹24,202 Cr | 71.26 | 5.18 | 11.42% | 3.22% | 0.38% |
| Kajaria Ceramics | ₹1,217.00 | ▼ −0.55% | ₹19,144 Cr | 38.01 | 6.44 | 16.18% | 10.15% | 0.97% |
| Century Plyboards (India) | ₹699.05 | ▲ +0.69% | ₹15,563 Cr | 65.90 | 6.79 | 14.67% | 4.97% | 0.13% |
| Borosil Renewables | ₹453.10 | ▼ −1.46% | ₹6,381 Cr | 25.78 | 5.61 | 5.35% | 8.19% | — |
Peer prices and ratios as last reported by the data provider. Company names link to their own pages.
Jindal SAW Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation The price against earnings, book value and sales
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 1.46× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 112 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.69%
- Payout ratio13.24%
- 5-year average dividend₹1.70 a share
- Latest dividend₹2.00 per share · 22 May 2026
Corporate calendar
- BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹2.00 per share · 200% · Final dividend
- BoardAudited Results & Final Dividend
- BoardQuarterly Results
- BoardQuarterly Results
- BoardQuarterly Results
- MeetingAnnual General Meeting
Show 12 older events
- Dividend₹2.00 per share · 200% · Final dividend
- BoardAudited Results & Final Dividend
- BoardQuarterly Results
- MeetingExtraordinary General Meeting
- MeetingExtraordinary General Meeting
- BoardQuarterly Results
- SplitStock split — face value ₹2 → ₹1
- MeetingAnnual General Meeting
- Dividend₹4.00 per share · 200% · Final dividend
- MeetingExtraordinary General Meeting
- Dividend₹3.00 per share · 150% · Final dividend
- Dividend₹2.00 per share · 100% · Final dividend
About Jindal SAW
Constr. - Supplies & Fixtures
Jindal Saw Limited is an India-based company, which is a manufacturer and supplier of iron and steel pipes and pellets. The Company has one primary business segment, namely, Iron & Steel products. The Company manufactures submerged arc welded (SAW) pipes and spiral pipes for the energy transportation sector; carbon, alloy and seamless pipes and tubes for industrial applications; DI pipes and fittings for water and wastewater transportation. It serves a range of customers, including oil and gas exploration, transportation, power generation, supply of water for drinking, drainage, irrigation purposes, and others. The Company has manufacturing facilities in India, the United States of America (USA), Europe, and United Arab Emirates (UAE). It has a pellet plant in Bhilwara, Rajasthan. The Company's subsidiaries include Jindal Saw Holdings FZE, Jindal SAW Gulf LLC, and others.
Key people
- Narendra MantriChief Operating and Financial Officer
- V. Rajasekaran ..President - Operations
- Veeranan ChandrasekaranPresident and Unit Head, Nashik
- Vijesh ChawlaPresident - Marketing
- Sanjiv DheerPresident & Head - Global Marketing
- Dharmendra GuptaPresident & Unit Head, Bhilwara
Company facts
- NSE symbolJINDALSAW
- BSE code500378
- ISININE324A01032
- IndustryConstr. - Supplies & Fixtures
- IndexNIFTY 500
- Market cap₹18,206 Cr
- Revenue (FY26)₹17,895 Cr
- Net profit (FY26)₹973 Cr
In the News
Recent headlines about Jindal SAW — they open on Mint in a new tab.
- Top Gainers & Losers on 21 Aug: Welspun Corp, Jindal Saw, Urban Company, Vedanta, CarTrade Tech among top gainers
Indian stock markets concluded Friday's session subdued, impacted by high crude oil prices and rising global bond yields. The Nifty 50 and Sensex remained largely unchanged, marking their second consecutive week of losses amidst geopolitical tensions and fluctuating investor sentiment.
21 Aug 2026 · 2 min read · Mint ↗ - India's steel pipe makers tap West Asia as all eyes on energy transport
Geopolitical tensions are pushing West Asian countries to invest in new pipelines and safer overland energy routes, opening up a growth opportunity for Indian pipe makers. Welspun Corp, Jindal Saw, Man Industries and Ratnamani Metals are expanding in the region to tap this demand.
17 Aug 2026 · 5 min read · Mint ↗ - India still lacks enough high-grade steel, leaving pipe makers relying on imports: Sminu Jindal
Domestic mills are developing specialized grades for oil and gas pipelines, but limited volumes and high prices are keeping the pipe maker dependent on imports.
17 Aug 2026 · 4 min read · Mint ↗
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