Let's break down Jindal Saw Ltd. (JINDALSAW) — from its financial performance to how the market is valuing the stock.
Jindal Saw Revenue Trend
Jindal Saw Ltd. saw revenue decline to ₹17,987 Cr in FY2026, down 13.6% from ₹20,829 Cr in FY2025.
Stepping back, the 10-year revenue CAGR of 8.9% shows Jindal Saw Ltd. has been growing at a moderate, sustainable pace.
Jindal Saw Ltd.'s ₹17,987 Cr revenue base puts it in the major bracket among steel and steel products companies in India.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹17,987 Cr | -13.6% |
| FY2025 | ₹20,829 Cr | -1.4% |
| FY2024 | ₹21,126 Cr | +17.1% |
| FY2023 | ₹18,046 Cr | +34.2% |
| FY2022 | ₹13,451 Cr | — |
View Jindal Saw Ltd.'s full 10-year revenue trend with CAGR analysis →
Jindal Saw Profitability
Jindal Saw Ltd.'s bottom line weakened to ₹925 Cr in FY2026, a 46.8% decline year-over-year.
Net profit margin compressed to 5.1% in FY2026 from 8.3% in FY2025.
The diluted EPS figure moved down to ₹15.23 in FY2026, against ₹27.22 posted in FY2025.
Is Jindal Saw Undervalued
Jindal Saw Ltd. shares are currently trading at ₹250.85.
Craytheon calculates intrinsic value using the P/E Ratio, DCF, and EPS Growth models. All three appear in the Valuation Models cards below.
Valuation Models
Jindal Saw Shareholding Pattern
Promoter holding has remained stable at 63.2% over the past 4 quarters, indicating confidence in the company's direction.
Foreign institutions moved their stake down to 13.5% from 15.1% over the past year.
Domestic institutional investors (DIIs) held 5.8% as of March 2026, up from 4.8% a year ago.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 63.2% | 13.5% | 5.8% | 17.2% |
| Dec 2025 | 63.2% | 14.1% | 3.5% | 18.8% |
| Sep 2025 | 63.2% | 15.3% | 4.4% | 16.7% |
| Jun 2025 | 63.3% | 15.1% | 4.8% | 16.5% |
Track quarterly shareholding changes for Jindal Saw Ltd. →
Jindal Saw Balance Sheet
Proportional view as of 27 Jul 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹216.86B at the end of FY2026, up 4.4% from ₹207.79B a year earlier.
Property, Plant & Equipment is the largest block at 46.9%, followed by Inventories at 24.3% and Receivables at 14.3%.
Equity makes up 56.6% of liabilities and equity, with debt at 21.6% and operating liabilities at 21.7%. Over the year, debt is down 3.5% and equity is up 12.1%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 4.19B |
| Receivables | 30.94B |
| Inventories | 52.67B |
| Property, Plant & Equipment | 101.63B |
| Investments | 926.98M |
| Intangibles & Goodwill | 647.99M |
| Other Assets | 25.86B |
| Category | Value |
|---|---|
| Equity | 122.83B |
| Short-term Debt | 25.67B |
| Long-term Debt | 21.24B |
| Trade Payables | 26.23B |
| Other Liabilities | 20.90B |
Jindal Saw Key Highlights
Bringing the key threads together for Jindal Saw Ltd. (JINDALSAW) as a steel and steel products investment opportunity.
Revenue of ₹17,987 Cr in FY2026, down 13.6% year-over-year.
Long-term revenue has been compounding at 8.9% annually over 10 years.
The company is profitable, with a net margin of 5.1% and net income of ₹925 Cr.
Unlock Full Analysis
For the complete 10-year financial history with interactive charts and growth analysis, explore Jindal Saw Ltd.'s detailed profile on Craytheon.