ALFA Finder| Revenue growth | Standalone income down 19% YoY for full year FY26. |
|---|---|
| Margins | Lower Q4 margins due to missing high-margin export shipments and underutilization. |
| Order book | Abu Dhabi subsidiary holds $180M (171k MT) order book; robust exports pending. |
| Demand visibility | Sluggish domestic water infrastructure; urgency in MENA energy infrastructure projects. |
| Management confidence | Cautious; highlighting unprecedented times and unpredictable future. |
Growth
Standalone Q4 total income fell 7% QoQ; EBITDA stood at ₹413cr vs ₹527cr in Q3; PAT dropped 50% to ₹114cr.
Outlook
Planned capex of ₹500-₹700cr for FY27. Setting up new plants in Abu Dhabi and Saudi Arabia to bypass maritime choke points.
Risks
MENA conflict suspended export shipments (30% of order book); API monogram suspension on seamless pipes; rupee depreciation; DI pipe overcapacity.
Earnings Call filed with BSE, NSE: JINDALSAW. Summary written with AI assistance from the document.
Jindal Saw Ltd: key numbers
- Share price
- ₹248.35
- Market cap
- ₹15,882 Cr
- Revenue (annual)
- ₹17,895 Cr
- Net profit (annual)
- ₹973.4 Cr
- P/E (TTM)
- 28.9×Sector 17.1×
- Promoter holding
- 63.24%-0.01% QoQ
- FII holding
- 11.32%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Jindal Saw Ltd
All →Jindal Saw Earnings Call Transcript: Key Takeaways
Revenue growth is masked by severe EBITDA compression due to geopolitical delays in the MENA region and rising raw material costs.
Jindal Saw Debt & Borrowing
Jindal Saw Ltd. submitted its Security Cover Certificate for the quarter ended September 30, 2026, as per Regulation 54(3) of SEBI listing regulations.
Jindal Saw Other Announcement
Jindal Saw Ltd. filed its quarterly statement confirming the utilization of NCD proceeds as per SEBI regulations. No deviations were reported for the period.
Jindal Saw Investor Presentation: Key Takeaways
Jindal Saw reports Q2 FY27 consolidated revenue of ₹45,231 Million with PAT at ₹353 Million. Performance was severely impacted by MENA regional instability and domestic water pipe headwinds.
Jindal Saw Q2 FY27 Results: Net Profit ₹35.3 Cr, Down 74.5% YoY
Jindal Saw Ltd reported revenue from operations of ₹4,472 Cr (+5.6% YoY) and net profit of ₹35.3 Cr (-74.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹35.3 Cr · -74.5% YoY
Jindal Saw Board Meeting Date
Jindal Saw Ltd has scheduled a board meeting for October 16, 2026. The board will consider and approve unaudited financial results for the quarter ended September 30, 2026.