Jindal Saw Ltd (JINDALSAW) — shareholding pattern, promoter holding, financials and share price
About Jindal Saw Ltd (JINDALSAW)
Jindal Saw Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as JINDALSAW and on the BSE under scrip code 500378. Its ISIN is INE324A01032.
Jindal Saw Ltd manufactures LSAW pipes, HSAW pipes, DI pipes, seamless pipes and pellets. [1]
Jindal Saw Limited is a leading global manufacturer of iron and steel pipe products, operating across major strategic business units, including large diameter and seamless pipes, ductile iron pipes, and stainless steel pipes and tubes.
The company has demonstrated remarkable resilience and strategic foresight by securing a significant export contract of 6,22,000 metric tons of HSAW pipes to Saudi Arabia, reflecting its strong international market presence.
Listed peers in Iron & Steel Products: Shyam Metalics & Energy Ltd, Ratnamani Metals & Tubes Ltd, Godawari Power & Ispat Ltd, Gallantt Ispat Ltd., Usha Martin Ltd, Jayaswal Neco Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹275.9 a share on 10 Jul 2026, Jindal Saw Ltd (JINDALSAW) was valued at a price-to-earnings ratio of 19.07x against an industry P/E of 37x and a price-to-book of 1.4x on a book value of ₹196.62 per share as of Mar 2026. Solomo computes return on equity of 7.36% and return on capital employed of 9.82% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 19.07x
- Industry P/E
- 37x
- P/B
- 1.4x
- EPS (TTM)
- ₹14.47
- Book value / share
- ₹196.62
- ROE
- 7.36%
- ROCE
- 9.82%
- ROA
- 4.27%
- Debt / equity
- 0.37x
- Dividend yield
- 0.72%
- EBITDA margin
- 13%
- 52-week range
- ₹153.2 – ₹278.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Jindal Saw Ltd (JINDALSAW) reported revenue of ₹17,895 crore, net profit of ₹925 crore and earnings per share of ₹15.22. That compares with revenue of ₹20,829 crore and net profit of ₹1,458 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹4,452 crore and net profit ₹91 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 13,298 | 17,868 | 20,958 | 20,829 | 17,895 |
| Net profit (₹ cr) | 376 | 452 | 1,593 | 1,458 | 925 |
| EPS (₹) | 6.44 | 10.07 | 26.22 | 27.18 | 15.22 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 10.58% | 11.11% | -1.47% | -14.08% |
| Profit growth | 8.19% | 18.96% | 3.13% | -36.54% |
| Stock price CAGR | 27% | 33% | 16% | 17% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 63.25% of Jindal Saw Ltd (JINDALSAW) (unchanged from the previous quarter), foreign institutional investors (FII) hold 13.08% and domestic institutional investors (DII) hold 8.37%. Market capitalisation was ₹17,644 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Theleme India Master Fund Limited 2.26%, HSBC MUTUAL FUND - HSBC VALUE FUND 1.92%, MAHINDRA MANULIFE MULTI CAP FUND 1.57%, SBI LIFE INSURANCE CO. LTD 1.33%, NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDI 1.25%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 63.25% | - | 13.08% | 8.37% | 36.5% |
| Mar 2026 | 63.25% | - | 13.46% | 5.8% | 36.46% |
| Dec 2025 | 63.25% | - | 14.1% | 3.5% | 36.39% |
| Sep 2025 | 63.25% | - | 15.35% | 4.36% | 36.39% |
| Jun 2025 | 63.26% | - | 15.12% | 4.77% | 36.37% |
| Mar 2025 | 63.28% | - | 16.99% | 4.4% | 36.34% |
| Dec 2024 | 63.28% | - | 15.73% | 4.7% | 36.27% |
| Sep 2024 | 63.28% | - | 16.08% | 4.54% | 36.26% |