| Revenue growth | 13% YoY Standalone; 9% YoY Consolidated. |
|---|---|
| Margins | Compressed due to low utilization and fixed cost absorption. |
| Order book | INR 1.78 million tons; includes 6 lakh ton Saudi order. |
| Demand visibility | Muted short-term; strong order book of 1.78 million tons. |
| Management confidence | Hopeful for H2 recovery; expansion projects on track. |
Growth
Standalone Q1 revenue grew 13% to INR 3,756 Cr; EBITDA fell 40%; PAT fell 70%.
Outlook
Recovery expected in H2 FY27; major expansion projects in Abu Dhabi and Saudi Arabia targeting FY29 operations.
Risks
Geopolitical conflict in MENA region; domestic water segment weakness; API license suspension (now reinstated); higher logistics costs.
Last quarter's promises, checked
Delivered
- Net debt reduction → Standalone net debt reduced to INR 2,453 Cr (= BEAT)
Partly delivered
- Capex INR 500-700 Cr → INR 700-800 Cr spent in FY26 (= PARTIAL)
Missed
- Q4 expected better than Q3 → Q4 performance dropped across metrics (= MISS)
- API seamless pipe sales → Temporary impact due to monogram suspension (= MISS)
- MENA export shipments → All shipments suspended since March 2026 (= MISS)
Earnings Call Transcript filed with BSE, NSE: JINDALSAW. Summary written with AI assistance from the document.
Jindal Saw Ltd: key numbers
- Share price
- ₹281.75
- Market cap
- ₹18,018 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: 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