Jindal Saw Share Price

Jindal Saw Limited is a major producer and supplier of iron and steel pipes, with a wide-ranging portfolio. It is a big player in pipe solutions. The company caters to various industries, including oil and gas, water infrastructure, construction, automobile and others. Founded in 1984, Jindal Saw Limited is integral to the massive $16.5 billion OP Jindal Group conglomerate.

Over the years, Jindal Saw has continuously broadened its product range and geographical footprint, earning its status as a top-tier global steel pipe manufacturer.

Jindal Saw’s market value stands impressively at over ₹16,500 crore, as of February 1, 2024. Jindal Saw market price soared by over 610% in the past three years.

Business operations

Jindal Saw Limited’s operations are segmented into two main areas, pipes and pellets. The pipes segment includes a variety of steel pipes produced across the company’s facilities. Jindal Saw's pipe business is known for its diverse product lines including longitudinally submerged arc-welded pipes, helically submerged arc-welded pipes and pig iron pipes.

The pellets segment is dedicated to the beneficiation and pelletisation processes, transforming iron ore into high-quality iron pellets.

The pipes division contributed 85% to Jindal Saw's total revenue and the pellets division accounted for the remaining 15% in FY23. The company's annual production capacity exceeds 5 million metric tonnes (MT). Jindal Saw's global footprint extends to over 100 countries.

Jindal Saw operates manufacturing facilities located in Uttar Pradesh's Kosi Kalan, Gujarat's Mundra, Maharashtra's Nashik and Nagothane, Karnataka's Bellary, Rajasthan's Bhilwara, Maharashtra's Tembhurni and Madhya Pradesh's Indore. The company's influence isn't confined to domestic borders, as it also operates through subsidiaries in the USA and UAE.

Jindal Saw Limited has established a double jointing and coating facility named Jindal Saw USA, LLC in Baytown, Texas, to serve the North American market. This facility, a wholly-owned subsidiary, was incorporated in the United States in 2007. It has shipping capabilities via rail, road and barges within the North American market and has a manufacturing capacity of 5 million square meters per annum.

The company had 11 direct subsidiaries, 14 indirect subsidiaries, 1 associate and 1 joint venture, as of March 31, 2023. Jindal Saw Gulf LLC became a wholly-owned subsidiary of the company in FY2023.

The fiscal year 2022-23 was marked by a surge in production and sales volumes, surpassing the previous yea’'s figures. The total pipe production reached approximately 12,98,598 MT, which included about 1,24,589 MT of pipes and 27,857 MT of pig iron produced on a job-work basis. Sales figures were equally impressive, with around 12,85,619 MT sold, including about 1,15,220 MT of pipes and 15,668 MT of pig iron on job work.

Jindal Saw Financial Highlights

• Revenue: Jindal Saw reported revenue of ₹17,986.86 crore in FY26 vs ₹20,947.84 crore in FY25. It showed a decrease of 14.14% on a yearly basis.
• Operating Profit: Jindal Saw reported an operating profit of ₹1,075.71 crore in FY26 vs ₹2,348.96 crore in FY25. It showed a decrease of 54.20% on a year-on-year basis.
• Net Profit: Jindal Saw reported a net profit of ₹925.33 crore in FY26 vs ₹1,458.04 crore in FY25. It showed a decrease of 36.54% on a yearly basis.

Jindal Saw Quarterly Result Highlights

• Jindal Saw reported revenue of ₹4,656.85 crore in Mar 2026, compared with ₹4,963.02 crore in Dec 2025, representing a decrease of 6.17% on a quarter-on-quarter (QoQ) basis.
• Jindal Saw reported an operating profit of ₹171.65 crore in Mar 2026, compared with ₹347.19 crore in Dec 2025, representing a decrease of 50.56% on a quarter-on-quarter (QoQ) basis.
• Jindal Saw reported a profit of ₹123.68 crore in Mar 2026, compared with ₹247.62 crore in Dec 2025, reflecting a decrease of 50.05% on a QoQ basis.
• The earnings per share (EPS) of Jindal Saw stood at ₹15.27 during Mar 2026.