Geopolitical
HIGHTrigger: Conflict that began in February, 2026, has created serious logistical constraints, resulting in a notable decline in export sales.
Monitor: geopolitical
Jindal Saw Ltd: Why Is It Outperforming Nifty 500?
ActiveRS +31.3%Average4w Streak
In , Jindal Saw Ltd (DI Pipes/Saw Pipes) is outperforming Nifty 500 with +31.3% relative strength. Fundamentals: Average. On a 4-week streak.
Jindal Saw Ltd Key Facts
- PE Ratio
- 16.0x
- Market Cap
- ₹15,601 Cr
- PAT Growth YoY
- +43%
- Revenue Growth YoY
- -8%
- OPM
- 10.0%
- RS vs Nifty 500
- +31.3%
PE: Mid ExpansionAvoid
What's Happening
🚫No earnings growth, no valuation discount — limited upside
🌐FII stake decreased 0.7% this quarter
💰Trading 65% above estimated fair value — significant premium
Key Risks
1. Geopolitical
HIGH2. Logistics
HIGH3. Regulatory
MEDIUMKey Numbers
PAT Growth YoY
+43%
Inflection Up
Revenue YoY
-8%
Stable
Operating Margin
10.0%
-500 bps YoY
PE Ratio
16.0
Current Price
₹244
Dividend Yield
0.82%
Fundamental Score
40/100
Average
3Y PAT CAGR
+27%
Market Cap
15.6K Cr
Valuation
Significantly Overvalued12-Week Performance
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
12 weeks agoThis week
What Are the Key Risks for Jindal Saw Ltd?
Earnings deceleration risks from management commentary
Logistics
HIGHTrigger: Closure of key maritime routes across the MENA region, leading to supply chain disruptions.
Monitor: logistics
Regulatory
MEDIUMTrigger: Non-Compliances (NCs) identified during audit.
Monitor: regulatory
What Is Jindal Saw Ltd's Management Saying?
Key quotes from recent conference calls
“The Company's operations (primarily exports) in Q4 FY 26 impacted due to current conflict/war in MENA region. [Risk (geopolitical): HIGH]”
“Export shipments to the region deferred due to logistics disruptions in Persian Gulf. [Risk (logistics): HIGH]”
“Following an API audit, Non-Compliances (NCs) were identified, a suspension letter was issued prohibiting the use of the API monogram on seamless pipes. [Risk (regulatory): MEDIUM]”
How Fast Is Jindal Saw Ltd Growing?
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | -8% | +0% | Stable |
| PAT (Net Profit) | +43% | +27% | Inflection Up |
| OPM | 10.0% | -500 bps | Volatile |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 30, 2026.
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Frequently Asked Questions: Jindal Saw Ltd
Based on publicly available financial data. This is educational research, not investment advice.
What were Jindal Saw Ltd's latest quarterly results?
Jindal Saw Ltd's latest quarterly results (Mar 2026) show
- PAT Growth YoY: +42.5% (turning around (inflection up))
- Revenue Growth YoY: -8.2%
- Operating Margin: 10.0% (volatile)
Is Jindal Saw Ltd's profit growing or declining?
Jindal Saw Ltd's profit is growing with an turning around (inflection up) trend.
- PAT Growth YoY: +42.5% (latest quarter)
- PAT Growth QoQ: -50.0% (sequential)
- 3-Year PAT CAGR: +27.0%
- Trend: Turning around (inflection up) — consistent growth pattern
What is Jindal Saw Ltd's revenue growth trend?
Jindal Saw Ltd's revenue growth trend is stable.
- Revenue Growth YoY: -8.2%
- Revenue Growth QoQ: -6.3% (sequential)
- 3-Year Revenue CAGR: +0.1%
How is Jindal Saw Ltd's operating margin trending?
Jindal Saw Ltd's operating margin is volatile.
- Current OPM: 10.0%
- OPM Change YoY: -5.0% basis points
- OPM Change QoQ: -2.0% basis points
What is Jindal Saw Ltd's 3-year profit and revenue CAGR?
Jindal Saw Ltd's long-term compounding rates
- 3-Year Profit CAGR: +27.0%
- 3-Year Revenue CAGR: +0.1%
Is Jindal Saw Ltd's growth accelerating or decelerating?
Jindal Saw Ltd's earnings growth is turning around (inflection up) with mixed signals on a sequential basis.
- YoY Acceleration: +90.7% bps
- Sequential Acceleration: -100.0% bps
- Margin Warning: Operating margins are under pressure
What is Jindal Saw Ltd's trailing twelve month (TTM) performance?
Jindal Saw Ltd's trailing twelve month (TTM) performance
- TTM PAT: ₹926 Cr
- TTM PAT Growth: -36.4% YoY
- TTM Revenue: ₹18,000 Cr
- TTM Revenue Growth: -14.1% YoY
- TTM Operating Margin: 12.2%
Is Jindal Saw Ltd overvalued or undervalued?
Jindal Saw Ltd appears significantly overvalued based on our fair value analysis.
- Valuation Signal: Significantly Overvalued
- Current PE: 16.0x
- Price-to-Book: 1.2x
What is Jindal Saw Ltd's current PE ratio?
Jindal Saw Ltd's current PE ratio is 16.0x.
- Current PE: 16.0x
- Market Cap: 15.6K Cr
- Dividend Yield: 0.82%
How does Jindal Saw Ltd's valuation compare to its history?
Jindal Saw Ltd's current PE is 16.0x.
- Current PE: 16.0x
- Valuation Assessment: Significantly Overvalued
What is Jindal Saw Ltd's price-to-book ratio?
Jindal Saw Ltd's price-to-book ratio is 1.2x.
- Price-to-Book (P/B): 1.2x
- Book Value per Share: ₹197
- Current Price: ₹244
Is Jindal Saw Ltd a fundamentally strong company?
Jindal Saw Ltd is rated Average with a fundamental score of 40/100. This score is calculated from objective financial metrics
- Revenue Growth YoY: -8.2% (10% weight)
- PAT Growth YoY: +42.5% (10% weight)
- PAT Growth QoQ: -50.0% (10% weight)
- Margins stable (10% weight)
Is Jindal Saw Ltd debt free?
Jindal Saw Ltd has a debt-to-equity ratio of N/A.
- Total Debt: ₹5,000 Cr
What is Jindal Saw Ltd's return on equity (ROE) and ROCE?
Jindal Saw Ltd's return ratios over recent years
- FY2024: ROCE 21.0%
- FY2025: ROCE 19.0%
- FY2026: ROCE 10.0%
Is Jindal Saw Ltd's cash flow positive?
Jindal Saw Ltd's operating cash flow is positive (FY2026).
- Cash from Operations (CFO): ₹2,000 Cr
- Free Cash Flow (FCF): ₹816 Cr
- CFO/PAT Ratio: 191% (strong cash conversion)
What is Jindal Saw Ltd's dividend yield?
Jindal Saw Ltd's current dividend yield is 0.82%.
- Dividend Yield: 0.82%
- Current Price: ₹244
Who holds Jindal Saw Ltd shares — promoters, FII, DII?
Jindal Saw Ltd's shareholding pattern (Mar 2026)
- Promoters: 63.3%
- FII (Foreign): 13.5%
- DII (Domestic): 5.8%
- Public: 17.2%
Is promoter holding increasing or decreasing in Jindal Saw Ltd?
Jindal Saw Ltd's promoter holding has remained stable recently.
- Current Promoter Holding: 63.3% (Mar 2026)
- Previous Quarter: 63.3% (Dec 2025)
- Change: 0.00% (stable)
How long has Jindal Saw Ltd been outperforming Nifty 500?
Jindal Saw Ltd has been outperforming Nifty 500 for 4 consecutive weeks, indicating building momentum.
Is Jindal Saw Ltd a new momentum entry or an established outperformer?
Jindal Saw Ltd is an established outperformer with 4 weeks of consecutive Nifty 500 outperformance.
What are the key risks in Jindal Saw Ltd?
Jindal Saw Ltd has 3 key risks worth monitoring
- [HIGH] Geopolitical — Conflict that began in February, 2026, has created serious logistical constraints, resulting in a notable decline in export sales.
- [HIGH] Logistics — Closure of key maritime routes across the MENA region, leading to supply chain disruptions.
- [MEDIUM] Regulatory — Non-Compliances (NCs) identified during audit.
What did Jindal Saw Ltd's management say in the latest earnings call?
In Q4 FY26, Jindal Saw Ltd's management highlighted
- "The Company's operations (primarily exports) in Q4 FY 26 impacted due to current conflict/war in MENA region. [Risk (geopolitical): HIGH]"
- "Export shipments to the region deferred due to logistics disruptions in Persian Gulf. [Risk (logistics): HIGH]"
- "Following an API audit, Non-Compliances (NCs) were identified, a suspension letter was issued prohibiting the use of the API monogram on seamless pipe..."
Is Jindal Saw Ltd worth studying for long term investment?
Based on quantitative research signals, here is why Jindal Saw Ltd may be worth studying
- Earnings growing at +42.5% YoY
- Cash flow is positive — CFO ₹2,000 Cr
What is the investment thesis for Jindal Saw Ltd?
Jindal Saw Ltd investment thesis summary:
Risk Factors (Bear Case)
- Margins under pressure
- Appears significantly overvalued
- Key risk: Geopolitical
What is the future outlook for Jindal Saw Ltd?
Jindal Saw Ltd's forward outlook based on current data signals
- Earnings Trend: turning around (inflection up)
- Revenue Trend: stable
- Margin Trend: volatile
- Valuation: Significantly Overvalued
- Key Risk: Geopolitical
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.