Jindal Saw Ltd

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.

Jindal Saw Credit Rating

Brickwork Ratings reaffirmed BWR AA/Stable on Jindal Saw's ₹500 Crore NCD issue. Rating valid till October 2027 with a stable outlook.

Jindal Saw Other Announcement

Jindal Saw filed ISIN specifications for its ₹500 Crore NCD with NSE per SEBI Master Circular. No new transaction or business decision is involved.

Jindal Saw Debt & Borrowing: ₹21.42 Cr

Jindal Saw has successfully paid ₹21.42 Crore as interest on its privately placed debentures, as confirmed in this Regulation 57(1) disclosure.

Value

₹21.42 Cr

Jindal Saw Credit Rating

CARE Ratings reaffirmed Jindal Saw's CP and NCD ratings (A1+ and AA Stable) with no change. The Rs.400 Cr and Rs.500 Cr instruments were reviewed and maintained.

Jindal Saw Earnings Call Transcript: Key Takeaways

Jindal Saw Q1 FY27 results show significant YoY declines in EBITDA and PAT due to MENA geopolitical issues and API license suspension, despite a 13% Standalone revenue increase.

Jindal Saw Earnings Call: Key Takeaways

Jindal Saw faces a challenging Q1 FY27 with a significant net profit decline of 70% Standalone and 78% Consolidated. Geopolitical disruptions in the MENA region have halted crucial Saudi shipments and blocked the Strait of Hormuz.

Jindal Saw Results Update

Jindal Saw reported Q1 FY27 total income of Rs. 3,755.7 Crore. Standalone profit after tax stood at Rs. 109.8 Crore for the June 2026 quarter.

Value

₹3,756 Cr

Jindal Saw Other Announcement

Jindal Saw Limited has reconstituted its Audit, Risk Management, and Nomination and Remuneration Committees. The changes were approved during the board meeting held on July 14, 2026.

Jindal Saw Q1 FY27 Results: Net Profit ₹90.8 Cr, Down 78.1% YoY

Jindal Saw Ltd reported revenue from operations of ₹4,452 Cr (+9.0% YoY) and net profit of ₹90.8 Cr (-78.1% YoY) for Q1 FY27.

Key figure

Net profit ₹90.8 Cr · -78.1% YoY

Jindal Saw Management Change

Ajit Kumar Hazarika will retire as Independent Director of Jindal Saw on July 11, 2026. His departure follows the completion of a second five-year term.

Jindal Saw Legal & Regulatory

Jindal Saw Limited submitted a Certificate under SEBI DP Regulation 74(5) confirming compliance for QJune 2026. The filing is for regulatory record on NSE.

Jindal Saw Board Meeting Date

Jindal Saw Ltd notified BSE of a Board meeting on 14 July 2026 to approve its Q1 2026 unaudited results. Trading window will close 48 hours post‑disclosure.

Jindal Saw Debt & Borrowing: ₹50.01 Cr

Jindal Saw Limited filed a security cover certificate for its NCDs. The current security cover ratio is 16.81 times.

Value

₹50.01 Cr

Jindal Saw Credit Rating

CARE Ratings reaffirmed credit ratings for Jindal Saw's facilities totaling ₹11,623.79 Crore. Ratings include CARE AA; Stable for NCDs and long-term bank facilities.

Value

₹11,714 Cr

Jindal Saw Regulatory Approval

Jindal Saw Ltd reports API has reinstated its license, allowing the API monogram on seamless pipes. It can now resume manufacturing certified pipes for global oil majors.

Execution

Till 24 June 2029

Jindal Saw Annual General Meeting

Jindal Saw Limited concluded its 41st Annual General Meeting, approving dividends and financial results. Shareholders also ratified material related party transactions and director appointments.

Jindal Saw Annual General Meeting

Jindal Saw Limited concluded its 41st AGM, approving financial statements, dividends, and director re-appointments. Shareholders also ratified cost auditor remuneration and NCD issuance plans.

Jindal Saw Other Announcement

Jindal Saw Limited filed its Annual Secretarial Compliance Report for FY 2025-26. The auditor confirmed full regulatory compliance with no material deviations or penalties reported.

Jindal Saw Annual General Meeting

Jindal Saw Limited scheduled its Annual General Meeting for May 29, 2026. Shareholders will consider ₹14000.00 Crore in related party transactions and dividend declarations.

Value

₹14,000 Cr

Execution

FY 2027-28

Jindal Saw Annual Report

Jindal Saw Ltd released its Integrated Annual Report for FY 2025-26 and convened its 41st AGM. The report highlights consolidated revenue of ₹17,895.17 Crore and dividends of ₹2 per share. Operations were impacted by geopolitical tensions and supply chain disruptions, despite robust demand in the MENA region.

Jindal Saw Earnings Call: Key Takeaways

Jindal Saw's Q4 FY26 earnings transcript reveals a significant performance drop due to MENA region conflict and API certification issues. EBITDA and PAT fell sharply quarter-on-quarter.

Jindal Saw Legal & Regulatory

Jindal Saw Limited imposed a ₹10,000 penalty on Mr. Om Prakash Sharma (Consultant) for violating insider trading regulations by selling 15,000 shares without pre-clearance. The Audit Committee noted the violation was inadvertent, and the penalty was deposited into the SEBI IPEF account.

Jindal Saw Capacity Expansion

Jindal Saw Limited is establishing an additional LSAW pipe manufacturing plant in Saudi Arabia through its joint venture. This expansion aims to meet rising demand. The company also issued a date correction, clarifying the expected commencement or milestone date as June 9, 2025.

Jindal Saw Earnings Call: Key Takeaways

Q4FY26 performance dropped significantly due to geopolitical conflict in the MENA region and sluggish domestic water infrastructure projects, leading to suspended exports and lower profitability.