| Revenue growth | Standalone revenue up 13%; Consolidated revenue up 9% YoY. |
|---|---|
| Margins | EBITDA margins under pressure from lower capacity utilization and logistics. |
| Order book | Robust at 1.78 million MT; MENA shipments currently on hold. |
| Demand visibility | Low in MENA; domestic water segment hit by fund delays. |
| Management confidence | Cautious; acknowledging limited visibility due to MENA geopolitical tensions. |
Growth
Revenue grew modestly by 13% standalone, but EBITDA crashed 40% due to regional shipping blocks and license suspensions.
Outlook
Management expects flat volumes for FY27. Abu Dhabi and Saudi plants targeted for FY28-29 operations.
Risks
Geopolitical stalemate in MENA region, Strait of Hormuz blockage, and delayed central fund releases for Jal Jeevan Mission.
Last quarter's promises, checked
Delivered
- Net debt reduction → Standalone ₹2,453Cr vs ₹3,154Cr YoY (= BEAT)
- API NC closure → All NCs addressed and closed by May 2026 (= BEAT)
Partly delivered
- Capex execution → Guided ₹700-800Cr → Delivered approx. ₹800Cr (= PARTIAL)
Missed
- Q4 performance vs Q3 → Expected 'better' → Standalone PAT ₹114Cr vs ₹227Cr (= MISS)
- Export shipments → Expected execution → All suspended from March 2026 (= MISS)
- FY26 Revenue → Expected growth → Standalone down 19% YoY (= MISS)
Earnings Call filed with BSE, NSE: JINDALSAW. Summary written with AI assistance from the document.
Jindal Saw Ltd: key numbers
- Share price
- ₹282.40
- Market cap
- ₹18,060 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 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