| 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
- ₹281.90
- Market cap
- ₹18,028 Cr
- Revenue (annual)
- ₹17,895 Cr
- Net profit (annual)
- ₹973.4 Cr
- P/E (TTM)
- 27.6×Sector 18.4×
- Promoter holding
- 63.25%+0.00% QoQ
- FII holding
- 13.08%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 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.