Jindal Saw Limited - manufacturing in Up, Uttar Pradesh, India. FY 2026 financials and compliance.
CIN L27104UP1984PLC023979 Incorporated 31 October 1984 ROC Kanpur HQ Up, Uttar Pradesh, India
Active Listed - NSE: JINDALSAW · BSE: 500378 Public Limited Company manufacturing
Data last updated
Revenue · FY 2026
₹17,895 Cr
▼ 14.08% YoY
EBITDA · FY 2026
₹2,306.43 Cr
▼ 35% YoY
Net profit · FY 2026
₹925.33 Cr
▼ 36.54% YoY
Authorised capital
₹683 Cr
Registered with MCA
Paid-up capital
₹63.95 Cr
Issued & subscribed
Open charges
₹14,083 Cr
Satisfied ₹47,014 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
7,515
Latest available

About Jindal Saw Limited

Data last updated: 06 January 2026

Jindal Saw Limited is a public limited company based in Up, Uttar Pradesh, India. It specialises in pipe and tubes, a part of the broader manufacturing sector. Incorporated on 31 October 1984, the company has been in operation for over 42 years.

Registered with ROC Kanpur under CIN L27104UP1984PLC023979. Listed on BSE: 500378 and NSE: JINDALSAW.

Capital: an authorised share capital of ₹683 Cr and a paid-up capital of ₹63.95 Cr. Formerly known as Saw Pipes Limited. It is led by directors including Prithavi Raj Jindal and Sminu Jindal.

Last AGM: 12 June 2025. Financial statements filed for year ended 31 March 2025. Office: A – 1 Upsidc Industrial Area Nandgaon Road Kosi Kalan Mathura, Uttar Pradesh, India – 281403.

As per the financials filed for FY 2025, the company reported a revenue of ₹20,948 Cr, a decline of 1% compared to the previous year.

The company has a workforce of approximately 7,515 employees as per the latest available data. Its group structure includes 6 subsidiaries.

The company is associated with 2 brands - Thinkthrough Consulting, Jindal Saw. As per MCA filings, the company has open charges of ₹14,083 Cr and satisfied charges of ₹47,014 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jindalsaw.com.

Company Details of Jindal Saw Limited
CIN L27104UP1984PLC023979
Registration Number 023979
Incorporation Date 31 October 1984
ROC Kanpur
Listing Status Listed (BSE: 500378, NSE: JINDALSAW)
Company Status Active
Date of Last AGM 12 June 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    A – 1 Upsidc Industrial Area Nandgaon Road Kosi Kalan Mathura, Uttar Pradesh, India – 281403
  • Industry
    Manufacturing, Pipe & Tubes
Company report
Jindal Saw Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Jindal Saw Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Jindal Saw Limited

Jindal Saw Limited operates two associated brands: Thinkthrough Consulting and Jindal Saw. These brands represent Jindal Saw Limited's diversified market presence and brand portfolio.

Brand Description Website
Provides comprehensive HR, supply chain, legal, IT, and operations advisory services. ttcglocal.com
Various pipes and related products are manufactured. jindalsaw.com

Competitors & Alternatives of Jindal Saw Limited

Brands and companies operating in the same space as Jindal Saw Limited include Booz Allen Hamilton, Cyient, ZS and 4 more.

Competitor Description Location Founded
Booz Allen Hamilton Booz Allen Hamilton Analytics, cybersecurity, and digital transformation services are provided. Mclean, United States, United States 1914
Cyient Cyient Provider of digital engineering and technology services Hyderabad, India, India 1991
ZS ZS Strategic and management consulting services are provided worldwide. Evanston, United States, United States 1983
Teneo Teneo Business consulting, financial advisory, and crisis management services are provided. New York, United States, United States 2011
Prophet Prophet Brand and marketing consulting solutions provider San Francisco, United States, United States 1992
Huron Consulting Group Huron Consulting Group Advisory, consulting, technology, and analytics solutions are provided across industries. Amman, Jordan, Jordan 2002
Visiativ Visiativ Software integration and digital transformation services are provided. Lyon, France, France 1987

Business Activity of Jindal Saw Limited

Jindal Saw Limited is engaged in principal business activities including manufacturing and mining and quarrying, with detailed activities including metal and metal products, mining of metal ores. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C7 Metal and metal products *********
B Mining and quarrying B3 Mining of Metal Ores *********

Auditor Details of Jindal Saw Limited

Jindal Saw Limited is audited by Price Waterhouse Chartered Accountants LLP (ICAI peer reviewed, certificate valid till 2026-11-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Price Waterhouse Chartered Accountants LLP (ICAI peer reviewed, certificate valid till 2026-11-30) FY 2026 Declaration of unmodified opinion

Board of Directors of Jindal Saw Limited

Jindal Saw Limited is currently managed by 14 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Prithavi Raj Jindal Director 31 Oct 1984 41 Years 8 Months Current
Sminu Jindal Managing Director 01 Sep 1997 28 Years 10 Months Current
Tripti Arya Whole-Time Director 17 May 2014 12 Years 1 Months Current
Sanjeev Shankar Director 22 Mar 2019 7 Years 3 Months Current
Shradha Jatia Whole-Time Director 24 Jul 2014 11 Years 11 Months Current
Vinita Jha Director 22 Mar 2019 7 Years 3 Months Current
Showing 6 of 14 current directors. View all directors

Financials of Jindal Saw Limited FY 2026 filings available

Jindal Saw Limited reported revenue of ₹17,895 Cr (down 14.08% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹17,895 Cr ▼ 14.08%
Profit · FY 2026
₹925.33 Cr ▼ 36.54%
EBITDA · FY 2026
₹2,306.43 Cr ▼ 35%
Revenue₹ Cr · Consolidated010,00020,00030,000FY 2020: ₹11,627 Cr11,627FY 2020FY 2021: ₹107 Cr · -99.1% YoY107-99.1%FY 2021FY 2022: ₹13,298 Cr · +12370.8% YoY13,298+12370.8%FY 2022FY 2023: ₹17,868 Cr · +34.4% YoY17,868+34.4%FY 2023FY 2024: ₹20,958 Cr · +17.3% YoY20,958+17.3%FY 2024FY 2025: ₹20,829 Cr · -0.6% YoY20,829-0.6%FY 2025FY 2026: ₹17,895 Cr · -14.1% YoY17,895-14.1%FY 2026
Net Profit₹ Cr · Consolidated01,0002,000FY 2020: ₹461 Cr461FY 2020FY 2021: ₹3 Cr · -99.3% YoY3.3-99.3%FY 2021FY 2022: ₹376 Cr · +11369.2% YoY376+11369.2%FY 2022FY 2023: ₹443 Cr · +17.9% YoY443+17.9%FY 2023FY 2024: ₹1,593 Cr · +259.4% YoY1,593+259.4%FY 2024FY 2025: ₹1,458 Cr · -8.5% YoY1,458-8.5%FY 2025FY 2026: ₹925 Cr · -36.5% YoY925-36.5%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year02,0004,0006,000Q1'25: ₹4,939 Cr · +12% YoY4,939+12%Q1'25Q2'25: ₹56 Cr · -99% YoY55.7-99%Q2'25Q3'25: ₹5,271 Cr · -6.8% YoY5,271-6.8%Q3'25Q4'25: ₹5,047 Cr · -7% YoY5,047-7%Q4'25Q1'26: ₹4,085 Cr · -17.3% YoY4,085-17.3%Q1'26Q2'26: ₹4,234 Cr · +7498.1% YoY4,234+7498.1%Q2'26Q3'26: ₹4,943 Cr · -6.2% YoY4,943-6.2%Q3'26Q4'26: ₹4,633 Cr · -8.2% YoY4,633-8.2%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹17,895 Cr ₹20,829 Cr ₹20,958 Cr ₹17,868 Cr ₹13,298 Cr ₹106.64 Cr ₹11,627 Cr
Other Income ₹91.69 Cr ₹118.95 Cr ₹168.21 Cr ₹178.56 Cr ₹152.55 Cr ₹2.08 Cr ₹109.14 Cr
Total Income ₹17,987 Cr ₹20,948 Cr ₹21,126 Cr ₹18,046 Cr ₹13,451 Cr ₹108.72 Cr ₹11,736 Cr
Cost of Materials Consumed ₹10,636 Cr ₹11,675 Cr ₹12,647 Cr ₹11,164 Cr ₹8,165.8 Cr ₹59.46 Cr ₹6,397.64 Cr
Purchases of Stock-in-Trade ₹3.71 Cr ₹8.23 Cr ₹34.33 Cr ₹68.23 Cr ₹26.97 Cr ₹77.57 Lakh ₹330.8 Cr
Changes in Inventories -₹587.22 Cr ₹162.17 Cr -₹530.14 Cr -₹40.25 Cr -₹290.52 Cr ₹3.92 Lakh ₹206.2 Cr
Employee Benefit Expense ₹1,629.73 Cr ₹1,527.04 Cr ₹1,492.44 Cr ₹1,179.15 Cr ₹1,014.87 Cr ₹8.97 Cr ₹939.57 Cr
Finance Costs ₹619.56 Cr ₹623.45 Cr ₹704.69 Cr ₹637.59 Cr ₹460.12 Cr ₹4.93 Cr ₹617.58 Cr
Depreciation & Amortisation ₹630.49 Cr ₹602.06 Cr ₹567.99 Cr ₹470.78 Cr ₹472.99 Cr ₹4.59 Cr ₹421.67 Cr
Other Expenses ₹3,997.87 Cr ₹4,027.51 Cr ₹3,993.1 Cr ₹3,831 Cr ₹2,979.27 Cr ₹24.97 Cr ₹2,230.36 Cr
Total Expenses ₹16,930 Cr ₹18,625 Cr ₹18,909 Cr ₹17,311 Cr ₹12,830 Cr ₹103.73 Cr ₹11,144 Cr
Profit Before Exceptional Items & Tax ₹1,056.38 Cr ₹2,322.69 Cr ₹2,216.48 Cr ₹735.5 Cr ₹621.47 Cr ₹4.99 Cr ₹592.36 Cr
Exceptional Items ₹0 ₹0 ₹0 -₹25.04 Cr ₹0 ₹0 -₹112.05 Cr
Profit Before Tax ₹1,056.38 Cr ₹2,322.69 Cr ₹2,216.48 Cr ₹710.46 Cr ₹621.47 Cr ₹4.99 Cr ₹480.31 Cr
Total Tax Expense ₹150.38 Cr ₹890.92 Cr ₹622.8 Cr ₹267.24 Cr ₹245.59 Cr ₹1.72 Cr ₹5.34 Cr
Net Profit ₹925.33 Cr ₹1,458.04 Cr ₹1,592.87 Cr ₹443.22 Cr ₹375.88 Cr ₹3.28 Cr ₹461.26 Cr
  attributable to Owners ₹973.35 Cr ₹1,738.37 Cr ₹1,691.3 Cr ₹632.39 Cr ₹411.75 Cr ₹3.19 Cr ₹554.74 Cr
  attributable to NCI -₹48.02 Cr -₹280.33 Cr -₹84.17 Cr -₹189.63 Cr -₹35.87 Cr ₹8.9 Lakh -₹93.48 Cr
Other Comprehensive Income ₹128.9 Cr ₹11.67 Cr ₹14.26 Cr ₹50.42 Cr ₹32.41 Cr ₹75,000 ₹3.15 Cr
Total Comprehensive Income ₹1,054.23 Cr ₹1,469.71 Cr ₹1,607.13 Cr ₹493.64 Cr ₹408.29 Cr ₹3.28 Cr ₹464.41 Cr
EBITDA (computed) ₹2,306.43 Cr ₹3,548.2 Cr ₹3,489.16 Cr ₹1,843.87 Cr ₹1,554.58 Cr ₹14.51 Cr ₹1,631.61 Cr
Basic EPS ₹15.27 ₹27.31 ₹52.75 ₹19.91 ₹12.96 ₹10.02 ₹17.78
Diluted EPS ₹15.23 ₹27.22 ₹52.68 ₹19.91 ₹12.96 ₹10.02 ₹17.78
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹21,686 Cr ₹20,779 Cr ₹21,022 Cr ₹18,256 Cr
Non-current Assets ₹11,714 Cr ₹10,674 Cr ₹10,718 Cr ₹9,350.33 Cr
Current Assets ₹9,972.57 Cr ₹10,105 Cr ₹10,304 Cr ₹8,905.56 Cr
Property, Plant & Equipment ₹10,344 Cr ₹9,275.32 Cr ₹8,785.72 Cr ₹7,363.7 Cr
Inventories ₹5,267.29 Cr ₹4,920.51 Cr ₹4,895.28 Cr ₹4,104.82 Cr
Trade Receivables ₹3,093.55 Cr ₹3,563.82 Cr ₹3,469.5 Cr ₹3,562.86 Cr
Cash & Equivalents ₹406.72 Cr ₹655.42 Cr ₹741.08 Cr ₹77.56 Cr
Equity (Net Worth) ₹12,283 Cr ₹10,954 Cr ₹9,367.15 Cr ₹7,278.29 Cr
Equity Share Capital ₹63.95 Cr ₹63.95 Cr ₹63.95 Cr ₹63.95 Cr
Borrowings (Non-current) ₹2,123.52 Cr ₹1,783.13 Cr ₹2,273.15 Cr ₹1,947.45 Cr
Borrowings (Current) ₹2,567.22 Cr ₹3,076.04 Cr ₹3,488.09 Cr ₹2,974.48 Cr
Total Debt (computed) ₹4,690.74 Cr ₹4,859.17 Cr ₹5,761.24 Cr ₹4,921.93 Cr
Current Liabilities ₹6,187.68 Cr ₹6,983.3 Cr ₹8,325.61 Cr ₹8,043.09 Cr
Total Liabilities ₹9,403.49 Cr ₹9,824.92 Cr ₹11,654 Cr ₹10,978 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹1,771.37 Cr ₹2,335.16 Cr ₹2,592.91 Cr ₹1,617.42 Cr ₹73.48 Cr
Investing Cash Flow -₹955.38 Cr -₹898.83 Cr -₹1,917.38 Cr -₹70.16 Cr -₹191.31 Cr
Financing Cash Flow -₹1,073.27 Cr -₹1,523.56 Cr -₹12.39 Cr -₹1,968.48 Cr ₹61 Cr
Capital Expenditure ₹1,076.01 Cr ₹1,031.34 Cr ₹862.99 Cr ₹322.5 Cr ₹453.49 Cr
Free Cash Flow (computed) ₹695.36 Cr ₹1,303.82 Cr ₹1,729.92 Cr ₹1,294.92 Cr -₹380.01 Cr
Dividends Paid ₹127.12 Cr ₹127.34 Cr ₹100.1 Cr ₹63.1 Cr ₹63.07 Cr
Net Change in Cash -₹248.7 Cr -₹85.66 Cr ₹663.5 Cr -₹419.06 Cr -₹55.29 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹4,633.48 Cr ₹4,943.41 Cr ₹4,233.6 Cr ₹4,084.68 Cr ₹5,046.59 Cr ₹5,271.3 Cr ₹55.72 Cr ₹4,939.08 Cr ₹5,425.16 Cr ₹5,655.79 Cr ₹5,466.13 Cr ₹4,410.03 Cr
Other Income ₹23.37 Cr ₹19.61 Cr ₹30.44 Cr ₹18.27 Cr ₹20.89 Cr ₹21.95 Cr ₹30.38 Lakh ₹45.73 Cr ₹68.52 Cr ₹40.97 Cr ₹22.75 Cr ₹37.93 Cr
Total Income ₹4,656.85 Cr ₹4,963.02 Cr ₹4,264.04 Cr ₹4,102.95 Cr ₹5,067.48 Cr ₹5,293.25 Cr ₹56.02 Cr ₹4,984.81 Cr ₹5,493.68 Cr ₹5,696.76 Cr ₹5,488.88 Cr ₹4,447.96 Cr
Cost of Materials Consumed ₹2,661.37 Cr ₹2,444.81 Cr ₹2,462.79 Cr ₹3,067.37 Cr ₹2,925.68 Cr ₹2,968.29 Cr ₹28.25 Cr ₹2,956.08 Cr ₹3,290.52 Cr ₹3,148.88 Cr ₹3,300.88 Cr ₹2,906.73 Cr
Purchases of Stock-in-Trade ₹98 Lakh ₹81 Lakh ₹3 Lakh ₹1.89 Cr ₹7 Lakh ₹15 Lakh ₹42,000 ₹7.59 Cr ₹4.09 Cr ₹70 Lakh ₹11.16 Cr ₹18.38 Cr
Changes in Inventories -₹23.16 Cr ₹466.23 Cr -₹102.29 Cr -₹928 Cr ₹24.1 Cr -₹24.1 Cr ₹3.97 Cr -₹234.36 Cr -₹92.31 Cr ₹83.28 Cr -₹58.19 Cr -₹462.92 Cr
Employee Benefit Expense ₹398.79 Cr ₹407.03 Cr ₹416.38 Cr ₹407.53 Cr ₹377.89 Cr ₹383.49 Cr ₹3.89 Cr ₹376.42 Cr ₹368.4 Cr ₹386.7 Cr ₹377.55 Cr ₹359.59 Cr
Finance Costs ₹162.7 Cr ₹132.81 Cr ₹152.91 Cr ₹171.14 Cr ₹138.77 Cr ₹172.86 Cr ₹1.58 Cr ₹154.19 Cr ₹174.42 Cr ₹181.19 Cr ₹188.74 Cr ₹159.5 Cr
Depreciation & Amortisation ₹166.74 Cr ₹154.91 Cr ₹155.51 Cr ₹153.33 Cr ₹152.62 Cr ₹150.65 Cr ₹1.51 Cr ₹148.1 Cr ₹148.61 Cr ₹148.55 Cr ₹142.54 Cr ₹133.19 Cr
Other Expenses ₹1,114.62 Cr ₹1,011.9 Cr ₹1,005.57 Cr ₹865.78 Cr ₹982.69 Cr ₹1,004.05 Cr ₹10.47 Cr ₹993.79 Cr ₹934.15 Cr ₹1,047.47 Cr ₹1,030.56 Cr ₹980.32 Cr
Total Expenses ₹4,482.04 Cr ₹4,618.5 Cr ₹4,090.9 Cr ₹3,739.04 Cr ₹4,601.82 Cr ₹4,655.39 Cr ₹49.66 Cr ₹4,401.81 Cr ₹4,827.88 Cr ₹4,996.77 Cr ₹4,993.24 Cr ₹4,094.79 Cr
Profit Before Exceptional Items & Tax ₹174.81 Cr ₹344.52 Cr ₹173.14 Cr ₹363.91 Cr ₹465.66 Cr ₹637.86 Cr ₹6.36 Cr ₹583 Cr ₹665.8 Cr ₹699.99 Cr ₹495.64 Cr ₹353.17 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹174.81 Cr ₹344.52 Cr ₹173.14 Cr ₹363.91 Cr ₹465.66 Cr ₹637.86 Cr ₹6.36 Cr ₹583 Cr ₹665.8 Cr ₹699.99 Cr ₹495.64 Cr ₹353.17 Cr
Total Tax Expense ₹47.97 Cr ₹99.57 Cr ₹44.01 Cr -₹41.17 Cr ₹385.59 Cr ₹165.88 Cr ₹1.68 Cr ₹171.8 Cr ₹186.14 Cr ₹187.24 Cr ₹139.56 Cr ₹109.77 Cr
Net Profit ₹123.68 Cr ₹247.62 Cr ₹138.56 Cr ₹415.47 Cr ₹86.92 Cr ₹479.38 Cr ₹4.75 Cr ₹416.43 Cr ₹480.37 Cr ₹511.68 Cr ₹355.55 Cr ₹243.48 Cr
  attributable to Owners ₹139.43 Cr ₹257.99 Cr ₹151.89 Cr ₹424.04 Cr ₹291.28 Cr ₹506.42 Cr ₹5 Cr ₹441.06 Cr ₹493.57 Cr ₹531.56 Cr ₹375.73 Cr ₹263.15 Cr
  attributable to NCI -₹15.75 Cr -₹10.37 Cr -₹13.33 Cr -₹8.57 Cr -₹204.36 Cr -₹27.04 Cr -₹24.3 Lakh -₹24.63 Cr -₹21.83 Cr -₹19.88 Cr -₹20.19 Cr ₹19.67 Cr
Other Comprehensive Income ₹72.98 Cr ₹20.04 Cr ₹33.85 Cr ₹2.03 Cr -₹8.82 Cr ₹20.77 Cr ₹4.16 Lakh -₹4.44 Cr -₹8.63 Cr -₹6.97 Cr ₹22.07 Cr ₹7.73 Cr
Total Comprehensive Income ₹196.66 Cr ₹267.66 Cr ₹172.41 Cr ₹417.5 Cr ₹78.1 Cr ₹500.15 Cr ₹4.79 Cr ₹411.99 Cr ₹471.74 Cr ₹504.71 Cr ₹377.62 Cr ₹251.21 Cr
EBITDA (computed) ₹504.25 Cr ₹632.24 Cr ₹481.56 Cr ₹688.38 Cr ₹757.05 Cr ₹961.37 Cr ₹9.44 Cr ₹885.29 Cr ₹988.83 Cr ₹1,029.73 Cr ₹826.92 Cr ₹645.86 Cr
Basic EPS ₹2.19 ₹4.05 ₹2.38 ₹6.66 ₹4.58 ₹7.96 ₹7.85 ₹13.86 ₹15.79 ₹16.72 ₹11.82 ₹8.28
Diluted EPS ₹2.18 ₹4.04 ₹2.38 ₹6.63 ₹4.56 ₹7.92 ₹7.81 ₹13.80 ₹15.72 ₹16.72 ₹11.82 ₹8.28
Latest 12 quarters shown of 24 on record.
Segment · FY 2024 (annual) Revenue Result (PBIT) Assets Liabilities
a) Iron & Steel ₹20,835 Cr ₹2,834.37 Cr - -
b) Others ₹124 Cr ₹63 Lakh - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2021 FY 2020
Revenue from Operations ₹14,620 Cr ₹17,936 Cr ₹17,962 Cr ₹15,282 Cr ₹8,631.81 Cr ₹10,129 Cr
Other Income ₹124.4 Cr ₹241.54 Cr ₹271 Cr ₹420.74 Cr ₹277.99 Cr ₹198.72 Cr
Total Income ₹14,745 Cr ₹18,178 Cr ₹18,233 Cr ₹15,703 Cr ₹8,909.8 Cr ₹10,327 Cr
Cost of Materials Consumed ₹9,153.88 Cr ₹10,317 Cr ₹11,138 Cr ₹9,780.18 Cr ₹5,156.22 Cr ₹5,715.63 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹18.26 Cr ₹66.6 Cr ₹22.41 Cr ₹293.47 Cr
Changes in Inventories -₹543.33 Cr ₹107.99 Cr -₹442.04 Cr -₹25.48 Cr -₹69.06 Cr ₹267.5 Cr
Employee Benefit Expense ₹1,229.76 Cr ₹1,191.06 Cr ₹1,119.51 Cr ₹877.04 Cr ₹685.37 Cr ₹656.3 Cr
Finance Costs ₹470.15 Cr ₹488.35 Cr ₹585.81 Cr ₹529.09 Cr ₹404.33 Cr ₹515.57 Cr
Depreciation & Amortisation ₹494.44 Cr ₹479.49 Cr ₹452.02 Cr ₹373.75 Cr ₹345.98 Cr ₹310.38 Cr
Other Expenses ₹3,069.67 Cr ₹3,106.22 Cr ₹3,173.21 Cr ₹3,177.37 Cr ₹1,857.78 Cr ₹1,842.16 Cr
Total Expenses ₹13,875 Cr ₹15,690 Cr ₹16,045 Cr ₹14,779 Cr ₹8,403.03 Cr ₹9,601.01 Cr
Profit Before Exceptional Items & Tax ₹869.96 Cr ₹2,487.92 Cr ₹2,188.28 Cr ₹924.5 Cr ₹506.77 Cr ₹726.43 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 -₹134.83 Cr
Profit Before Tax ₹869.96 Cr ₹2,487.92 Cr ₹2,188.28 Cr ₹924.5 Cr ₹506.77 Cr ₹591.6 Cr
Total Tax Expense ₹85.98 Cr ₹613.45 Cr ₹574.18 Cr ₹215.18 Cr ₹177.72 Cr -₹2.86 Cr
Net Profit ₹783.98 Cr ₹1,874.47 Cr ₹1,614.1 Cr ₹709.32 Cr ₹329.05 Cr ₹594.46 Cr
Other Comprehensive Income -₹3.72 Cr -₹6.47 Cr -₹4.01 Cr ₹4.63 Cr ₹13.2 Cr -₹12.84 Cr
Total Comprehensive Income ₹780.26 Cr ₹1,868 Cr ₹1,610.09 Cr ₹713.95 Cr ₹342.25 Cr ₹581.62 Cr
EBITDA (computed) ₹1,834.55 Cr ₹3,455.76 Cr ₹3,226.11 Cr ₹1,827.34 Cr ₹1,257.08 Cr ₹1,552.38 Cr
Basic EPS ₹12.30 ₹29.44 ₹50.77 ₹22.33 ₹10.34 ₹18.59
Diluted EPS ₹12.27 ₹29.35 ₹50.70 ₹22.33 ₹10.34 ₹18.59
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹19,549 Cr ₹18,992 Cr ₹18,749 Cr ₹16,156 Cr
Non-current Assets ₹11,409 Cr ₹10,697 Cr ₹9,321.48 Cr ₹7,571.57 Cr
Current Assets ₹8,139.96 Cr ₹8,294.87 Cr ₹9,427.62 Cr ₹8,584.19 Cr
Property, Plant & Equipment ₹8,279.35 Cr ₹7,733.48 Cr ₹7,270.97 Cr ₹5,812.59 Cr
Inventories ₹4,544.63 Cr ₹4,182.01 Cr ₹3,970.37 Cr ₹3,351.19 Cr
Trade Receivables ₹2,545.7 Cr ₹3,015.15 Cr ₹2,927 Cr ₹3,168.45 Cr
Cash & Equivalents ₹237.71 Cr ₹513.81 Cr ₹480.15 Cr ₹40.53 Cr
Equity (Net Worth) ₹12,593 Cr ₹11,938 Cr ₹10,191 Cr ₹8,139.6 Cr
Equity Share Capital ₹63.95 Cr ₹63.95 Cr ₹63.95 Cr ₹63.95 Cr
Borrowings (Non-current) ₹566.48 Cr ₹599.24 Cr ₹1,316.89 Cr ₹882.71 Cr
Borrowings (Current) ₹2,189.2 Cr ₹2,446.33 Cr ₹2,610.71 Cr ₹2,374.58 Cr
Total Debt (computed) ₹2,755.68 Cr ₹3,045.57 Cr ₹3,927.6 Cr ₹3,257.29 Cr
Current Liabilities ₹5,366.7 Cr ₹5,449.62 Cr ₹6,234.54 Cr ₹6,188.37 Cr
Total Liabilities ₹6,956.2 Cr ₹7,053.89 Cr ₹8,557.77 Cr ₹8,016.17 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Operating Cash Flow ₹1,638.16 Cr ₹1,855.07 Cr ₹2,136.91 Cr ₹1,337.75 Cr
Investing Cash Flow -₹1,022.18 Cr -₹302.59 Cr -₹1,657.17 Cr -₹47.33 Cr
Financing Cash Flow -₹892.09 Cr -₹1,518.82 Cr -₹40.32 Cr -₹1,688.71 Cr
Capital Expenditure ₹861.27 Cr ₹947.07 Cr ₹793.06 Cr ₹195.85 Cr
Free Cash Flow (computed) ₹776.89 Cr ₹908 Cr ₹1,343.85 Cr ₹1,141.9 Cr
Dividends Paid ₹127.12 Cr ₹127.34 Cr ₹100.1 Cr ₹63.1 Cr
Net Change in Cash -₹276.1 Cr ₹33.66 Cr ₹439.57 Cr -₹398.2 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹3,818.44 Cr ₹4,129.47 Cr ₹3,371.85 Cr ₹3,300.37 Cr ₹4,401.1 Cr ₹4,473.62 Cr ₹4,724.5 Cr ₹4,336.94 Cr ₹4,918.8 Cr ₹4,718.46 Cr ₹4,561.08 Cr ₹3,763.05 Cr
Other Income ₹33.26 Cr ₹27.49 Cr ₹37.2 Cr ₹26.45 Cr ₹48.36 Cr ₹47.27 Cr ₹65.73 Cr ₹80.18 Cr ₹87.3 Cr ₹67.19 Cr ₹50.2 Cr ₹68.19 Cr
Total Income ₹3,851.7 Cr ₹4,156.96 Cr ₹3,409.05 Cr ₹3,326.82 Cr ₹4,449.46 Cr ₹4,520.89 Cr ₹4,790.23 Cr ₹4,417.12 Cr ₹5,006.1 Cr ₹4,785.65 Cr ₹4,611.28 Cr ₹3,831.24 Cr
Cost of Materials Consumed ₹2,285.6 Cr ₹2,101.9 Cr ₹2,057.43 Cr ₹2,708.95 Cr ₹2,586.56 Cr ₹2,601.49 Cr ₹2,461.42 Cr ₹2,667.2 Cr ₹3,018.59 Cr ₹2,722.34 Cr ₹2,858.98 Cr ₹2,538.01 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹18.26 Cr
Changes in Inventories ₹7.5 Cr ₹433.84 Cr -₹67.7 Cr -₹916.98 Cr ₹54.46 Cr -₹50.62 Cr ₹311.85 Cr -₹207.7 Cr -₹42.69 Cr ₹91.71 Cr -₹87.64 Cr -₹403.42 Cr
Employee Benefit Expense ₹295.44 Cr ₹303.74 Cr ₹318.01 Cr ₹312.57 Cr ₹300 Cr ₹303.28 Cr ₹303.35 Cr ₹284.43 Cr ₹281.32 Cr ₹286.09 Cr ₹280.64 Cr ₹271 Cr
Finance Costs ₹127.3 Cr ₹103.49 Cr ₹108.35 Cr ₹131.01 Cr ₹99.14 Cr ₹136.35 Cr ₹130.83 Cr ₹122.03 Cr ₹142.72 Cr ₹149.06 Cr ₹159.89 Cr ₹132.29 Cr
Depreciation & Amortisation ₹129.47 Cr ₹121.63 Cr ₹121.72 Cr ₹121.62 Cr ₹121.89 Cr ₹119.34 Cr ₹119.33 Cr ₹118.93 Cr ₹119.5 Cr ₹121.89 Cr ₹117.03 Cr ₹108.29 Cr
Other Expenses ₹850.1 Cr ₹790.42 Cr ₹766.49 Cr ₹662.67 Cr ₹652.1 Cr ₹784.68 Cr ₹838.49 Cr ₹830.95 Cr ₹776.33 Cr ₹795.64 Cr ₹808.01 Cr ₹792.56 Cr
Total Expenses ₹3,695.41 Cr ₹3,855.02 Cr ₹3,304.3 Cr ₹3,019.84 Cr ₹3,814.15 Cr ₹3,894.52 Cr ₹4,165.27 Cr ₹3,815.84 Cr ₹4,295.77 Cr ₹4,166.73 Cr ₹4,136.91 Cr ₹3,456.99 Cr
Profit Before Exceptional Items & Tax ₹156.29 Cr ₹301.94 Cr ₹104.75 Cr ₹306.98 Cr ₹635.31 Cr ₹626.37 Cr ₹624.96 Cr ₹601.28 Cr ₹710.33 Cr ₹618.92 Cr ₹474.37 Cr ₹374.25 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹156.29 Cr ₹301.94 Cr ₹104.75 Cr ₹306.98 Cr ₹635.31 Cr ₹626.37 Cr ₹624.96 Cr ₹601.28 Cr ₹710.33 Cr ₹618.92 Cr ₹474.37 Cr ₹374.25 Cr
Total Tax Expense ₹42.31 Cr ₹75.17 Cr ₹25.46 Cr -₹56.96 Cr ₹161.06 Cr ₹149.21 Cr ₹148.05 Cr ₹155.13 Cr ₹181.26 Cr ₹166.59 Cr ₹126.13 Cr ₹97.45 Cr
Net Profit ₹113.98 Cr ₹226.77 Cr ₹79.29 Cr ₹363.94 Cr ₹474.25 Cr ₹477.16 Cr ₹476.91 Cr ₹446.15 Cr ₹529.07 Cr ₹452.33 Cr ₹348.24 Cr ₹276.8 Cr
Other Comprehensive Income -₹2.83 Cr ₹2.35 Cr -₹1.62 Cr -₹1.62 Cr -₹3.46 Cr -₹1.01 Cr -₹1 Cr -₹1 Cr -₹7.59 Cr ₹1.15 Cr ₹1.15 Cr ₹1.15 Cr
Total Comprehensive Income ₹111.15 Cr ₹229.12 Cr ₹77.67 Cr ₹362.32 Cr ₹470.79 Cr ₹476.15 Cr ₹475.91 Cr ₹445.15 Cr ₹521.48 Cr ₹453.48 Cr ₹349.39 Cr ₹277.95 Cr
EBITDA (computed) ₹413.06 Cr ₹527.06 Cr ₹334.82 Cr ₹559.61 Cr ₹856.34 Cr ₹882.06 Cr ₹875.12 Cr ₹842.24 Cr ₹972.55 Cr ₹889.87 Cr ₹751.29 Cr ₹614.83 Cr
Basic EPS ₹1.79 ₹3.56 ₹1.24 ₹5.71 ₹7.45 ₹7.50 ₹7.49 ₹14.02 ₹16.64 ₹14.23 ₹10.95 ₹8.71
Diluted EPS ₹1.78 ₹3.55 ₹1.24 ₹5.69 ₹7.43 ₹7.46 ₹7.46 ₹13.96 ₹16.57 ₹14.23 ₹10.95 ₹8.71
Latest 12 quarters shown of 24 on record.
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Shareholding Pattern of Jindal Saw Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 63.25%, foreign institutional investors hold 13.46%, domestic institutional investors hold 5.80%, retail and other public shareholders hold 17.20% of Jindal Saw Limited. The company had 207,732 shareholders on record.

Promoters: 63.25%DII (Domestic Institutional): 5.80%FII (Foreign Institutional): 13.46%Retail & Others: 17.20%
Mar 2026
QUARTER
63.25% Promoters
5.80% DII (Domestic Institutional)
13.46% FII (Foreign Institutional)
17.20% Retail & Others
Promoter holding - history
Now 63.25% · Mar 2026High 63.28% · Jun 2024Low 61.16% · Dec 2015
60%61.3%62.5%63.8%65%Dec 2015Jun 2018Mar 2021Sep 2023Mar 2026Dec 2015: 61.16%Mar 2016: 61.16%Jun 2016: 63.01%Sep 2016: 63.01%Dec 2016: 63.01%Mar 2017: 63.01%Jun 2017: 63.01%Sep 2017: 63.01%Dec 2017: 63.01%Mar 2018: 63.01%Jun 2018: 63.01%Sep 2018: 63.01%Dec 2018: 63.01%Mar 2019: 63.01%Jun 2019: 63.01%Sep 2019: 63.02%Dec 2019: 63.03%Mar 2020: 63.02%Sep 2020: 63.02%Dec 2020: 63.02%Mar 2021: 63.02%Jun 2021: 63.02%Sep 2021: 63.02%Dec 2021: 63.02%Mar 2022: 63.02%Jun 2022: 63.02%Sep 2022: 63.02%Dec 2022: 63.02%Mar 2023: 63.25%Jun 2023: 63.26%Sep 2023: 63.26%Dec 2023: 63.26%Mar 2024: 63.27%Jun 2024: 63.28%Sep 2024: 63.28%Dec 2024: 63.28%Mar 2025: 63.28%Jun 2025: 63.26%Sep 2025: 63.25%Dec 2025: 63.25%Mar 2026: 63.25%63.28%61.16%63.25%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters63.25%63.25%63.25%63.26%63.28%63.28%
Public36.46%36.39%36.39%36.37%36.34%36.27%
Employee Trusts0.30%0.36%0.37%0.37%0.38%0.45%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters63.25%63.28%63.27%63.25%63.02%63.02%63.02%63.01%63.01%63.01%61.16%
Public36.46%36.34%36.24%36.11%36.32%36.41%36.59%36.99%36.99%36.99%38.84%
Employee Trusts0.30%0.38%0.49%0.64%0.66%0.56%0.39%0.00%0.00%0.00%0.00%
Promoter change (YoY, %pts)-0.03+0.01+0.02+0.23+0.00+0.00+0.01+0.00+0.00+1.85-

Board & Governance of Jindal Saw Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Jindal Saw Limited has 12 directors - 6 independent and 4 executive. The board is chaired by Prithavi Raj Jindal.

DirectorPositionOn board sinceListed boards
Prithavi Raj Jindal Non-Executive - Non Independent Director · Chairperson 1984-10-31 1
Sminu Jindal Executive Director · MD 1997-09-01 1
Shraddha Prithvi Rj Executive Director 2014-07-24 1
Tripti Jindal Arya Executive Director 2014-05-17 1
Neeraj Kumar Non-Executive - Non Independent Director 2013-07-01 1
Nitin Sharma Executive Director 2024-11-01 1
Satyakam Mishra Non-Executive - Independent Director 2024-07-29 1
Chandra Shekhar Agrawal Non-Executive - Independent Director 2024-08-23 1
Ajit Kumar Hazarika Non-Executive - Independent Director 2016-07-12 2
Vinita Jha Non-Executive - Independent Director 2019-03-22 2
Sanjeev Shankar Non-Executive - Independent Director 2019-03-22 1
Girish Sharma Non-Executive - Independent Director 2019-03-22 2
Board Committees
CommitteeMembers
Audit Committee Satyakam Mishra (Chairperson), Girish Sharma, Ajit Kumar Hazarika, Sanjeev Shankar
Nomination and remuneration committee Satyakam Mishra (Chairperson), Ajit Kumar Hazarika, Vinita Jha
Stakeholders Relationship Committee Satyakam Mishra (Chairperson), Sminu Jindal, Ajit Kumar Hazarika, Girish Sharma
Risk Management Committee Satyakam Mishra (Chairperson), Nitin Sharma, Ajit Kumar Hazarika, Vinay Kumar, Narendra Mantri
Corporate Social Responsibility Committee Satyakam Mishra (Chairperson), Sminu Jindal, Sanjeev Shankar, Girish Sharma

Group Structure of Jindal Saw Limited

Jindal Saw Limited has 6 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The corporate group structure reflects Jindal Saw Limited's business expansion strategy and organizational complexity.

6
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Jindal Hunting Energy Sevices Limited U28900UP2022PLC160464 -
Jitf Shipyards Limited U35122UP2007PLC069366 -
Jindal Intellicom Limited U74899DL1988PLC033588 -
Icom Analytics Limited U74900DL2010PLC206853 -
Jindal Itf Limited U74900UP2007PLC069247 -
Jindal Metals & Alloys Limited (Formerly Known As Iup Jindal Metals & Alloys Limited) U74999DL2004PLC128194 -

Showing major subsidiaries. Total: 6.

Charges & Borrowings of Jindal Saw Limited

Open charges
₹14,083 Cr
Satisfied charges
₹47,014 Cr
Breakdown by lending institutions
Others₹13,980.60 Cr
The South Indian Bank Limited₹78.56 Cr
The Indl. Credit and Inve. Corp. of India Ltd₹8.60 Cr
Industrial Development Bank of India₹4.00 Cr
Axis Bank Limited₹2.35 Cr
Others₹8.44 Cr
Latest charge details
DateLenderAmountStatus
10 Jul 2024 The South Indian Bank Limited ₹78.56 Cr Open
27 Feb 2024 Others ₹1,000 Cr Open
20 Mar 2021 Others ₹500 Cr Open
27 Dec 2017 Others ₹35 Cr Open
20 Oct 2016 Axis Bank Limited ₹56.25 Lakh Open

Total charge records: 217 View all charges

Employees and EPFO Compliance at Jindal Saw Limited

Jindal Saw Limited has a workforce of 7,515 employees as of Sep 23, 2025.

Employee count
7,515
Active EPFO establishments
9
Employee growth
1.13%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Jindal Saw Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
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GST Compliance of Jindal Saw Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Jindal Saw Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Jindal Saw Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Jindal Saw Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Jindal Saw Limited

MSME Payment Delays by Jindal Saw Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Jindal Saw Limited

Subsidiaries & Group Companies of Jindal Saw Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Jindal Saw Limited

MCA Filings & Documents of Jindal Saw Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Jindal Saw Limited

Charges
27 Nov 2025
A charge with Others of Rs. 10,600.00 Cr registered on 24 Feb 2014 with Charge ID 10482837 was modified on 27 Nov 2025.
Charges
18 Sep 2025
A charge registered on 16 Dec 2016 via Charge ID 100066918 with Others was fully satisfied on 18 Sep 2025.
Charges
16 Aug 2025
A charge registered on 26 Apr 2024 via Charge ID 100916763 with Others was fully satisfied on 16 Aug 2025.
Charges
25 Jul 2025
A charge registered on 07 Aug 2020 via Charge ID 100362601 with Others was fully satisfied on 25 Jul 2025.
Charges
11 Jul 2025
A charge registered on 17 Apr 2023 via Charge ID 100702095 with Others was fully satisfied on 11 Jul 2025.
Activity
12 Jun 2025
Jindal Saw Limited last Annual general meeting of members was held on 12 Jun 2025 as per latest MCA records.

Frequently Asked Questions about Jindal Saw Limited

Jindal Saw Limited is an active public limited company in the manufacturing sector based in Up, Uttar Pradesh, India. It was incorporated on 31 October 1984 (42+ years old) and is registered under CIN L27104UP1984PLC023979. Listed on BSE: 500378 and NSE: JINDALSAW. The company has 7,515 employees.

Jindal Saw Limited reported revenue of ₹20,948 Cr for FY 2025 (down 1.00% YoY).

The primary industry of Jindal Saw Limited is manufacturing. The company specifically operates in pipe and tubes. The company is currently active in this sector.

Yes. Jindal Saw Limited is listed on both BSE (code: 500378) and NSE (symbol: JINDALSAW).

Jindal Saw Limited can be reached at the registered office: A – 1 Upsidc Industrial Area Nandgaon Road Kosi Kalan Mathura, Uttar Pradesh, India – 281403, or through the website jindalsaw.com.

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