Jindal Saw Ltd.
Snapshot View

139.00 -3.60 ▼-2.5%

30 July 2021, 04:00:00 P.M.
Volume: 366,199

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.jindalsaw.com
Financial Indicators
Market Cap 4,444.58 Cr.
Earnings per share (EPS) 15.02 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 9.26 Trailing Twelve Months Ending 2021-06
Industry PE 16.06 Trailing Twelve Months Ending 2021-06
Book Value / Share 222.95 Trailing Twelve Months Ending 2021-06
Price to Book Value 0.62 Calculated using Price: 139.00
Dividend Yield 1.44 Period Ending 2021-03
No. of Shares Subscribed 31.98 Cr. 319,754,117 Shares
FaceValue 2
Company Profile

Jindal SAW is a part of the $10 billion OP Jindal group, one of the country’s topmost industry houses and the foremost indigenous steel producers and exporters. It started operation in the year 1984, when it became the first company in India to manufacture submerged arc welded (SAW) pipes using the internationally acclaimed U-O-E technology.

Jindal SAW is in a commanding position in India's tubular market, being the undisputed leader with a turnover in excess of Rs 7,000 crore.

With integrated facilities at multiple locations and an ever expanding market opportunity, Jindal SAW diversified from a single product company to a multi-product company, manufacturing large-diameter submerged arc pipes and spiral pipes and bends for the energy transportation sector; carbon, alloy and stainless steel seamless pipes and tubes manufactured by conical piercing process used for industrial applications; and ductile iron (DI) pipes for water and sewage transportation. Besides these, the company also provides various value-added products like pipe coatings, bends and connector castings to its clients.

At the company, the business operations are highly structured with three strategic business units: large diameter pipes, seamless tubes, and DI (ductile iron) pipes. Every SBU has its own dedicated sales and marketing targets and operations.

In 2006, Jindal SAW realigned itself by disposing off non-core business in the US and focused its energies on the Indian growth story by launching several new initiatives.

The company has consistently created value by creating low-cost capacities in capital-intensive industries in businesses largely overlooked by other corporate. Jindal SAW has recently launched its Jindal ITF (infrastructure, transportation, fabrication) subsidiary.

Products of the company:

Large diameter pipes -

   • Line pipes    • Anti-corrosion coatings   • Conversion casings   • Hot-pulled induction bends

Ductile iron (DI) pipes -

   • Seamless tubes

Milestones:

  •  1986: Country’s first LSAW pipes (U-O-E) mill for line pipes commissioned at Kosi Kalan with API and ISO accreditation. 
  • 1992: Bevelling unit commissioned at Kosi Kalan. SAW pipes, USA incorporated and commissioned. 
  • 1993: First major supply of NACE pipes for offshore line.  
  • 1994: Seamless pipes and tubes division commissioned at Nashik. 3LPE/FBE coating plant commissioned at Kosi Kalan.  
  • 1995: First export order is executed for line pipes. 
  • 1996: CTE mobile coating plant commissioned at Kosi Kalan.  
  • 1997: Hot induction bends unit established at Kosi Kalan. Start-up of four-meter-wide plate mill at Baytown, USA. 
  • 1999: Port-based 100% export oriented LSAW & HSAW line pipe plants commissioned at Mundra with API and ISO accreditation.  internal coating plant  commissioned  at Kosi Kalan. 
  • 2000: 3LPE/FBE coating plant commissioned at Mundra. Internal coating plant commissioned at Mundra. 
  • 2002: Concrete weight coating plant re-commissioned at Mundra. Bevelling unit commissioned at Mundra.  
  • 2003: Additional plant for 3LPE/FBE commissioned at Mundra.  
  • 2004: Third LSAW manufacturing facility commissioned at Samaghogha near Port Mundra with accreditation from API and ISO.  
  • 2005: Start-up of integrated pipe unit ductile iron pipe manufacturing plant of 200,000 MT per annum capacity along with blast furnace of 250,000 MT per annum capacity and a coke-oven plant.
  • 2009- Commissioning of seventh Pipe mill manufacturing LSAW using JCO forming in Nanakapaya - Port Mundra with capacity of 300,000 MT per annum
  • 2010
  • Jindal SAW Ltd receives Environment Clearance for its Dhedwas Mine in Bhilwara, Rajasthan.
  • 2011
  • Commissioning of 8th Pipe mill manufacturing HSAW (Spiral) pipe at Kosi Kalan, Mathura, U.P. with capacity of 150,000 MT per annum This mill is commissioned to cater to the water sector.



Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.52%
1 Week
+7.38%
1 Month
+18.85%
3 Month
+62.57%
6 Month
+95.64%
1 Year
+147.77%
2 Year
+103.07%
5 Year
+172.02%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -0.54 -2.77 -0.61 -1.53 0.90 -0.10 12.97 7.07 4.77
Return on Capital Employed (%) 3.31 3.77 6.03 4.06 5.25 5.77 13.34 8.99 8.19
Return on Assets (%) -0.20 -0.91 -0.20 -0.53 0.35 -0.04 5.46 3.09 2.12

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 3,667 3,568 5,390 5,122 5,386 5,496 6,282 6,764 6,983
Non Curr. Liab. 3,045 3,833 4,936 4,492 3,772 3,777 3,097 2,952 2,922
Curr. Liab. 3,802 3,856 5,629 4,738 3,824 4,219 5,784 5,841 6,353
Minority Int. 198 158 45 -6 -127 -296 -382 -475 -444
Equity & Liab. 10,713 11,416 15,999 14,346 12,856 13,197 14,781 15,082 15,815
Non Curr. Assets 5,881 6,404 9,166 8,637 8,176 7,860 8,352 9,264 9,103
Curr. Assets 4,832 5,012 6,833 5,708 4,680 5,337 6,430 5,818 6,712
Misc. Exp. not W/O
Total Assets 10,713 11,416 15,999 14,346 12,856 13,197 14,781 15,082 15,815

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 6,765 6,656 8,289 7,703 7,089 8,512 12,117 11,627 10,664
Other Income 83 95 206 273 274 185 192 156 266
Total Income 6,848 6,751 8,495 7,976 7,363 8,696 12,309 11,783 10,930
Total Expenditure -6,161 -6,016 -7,435 -7,095 -6,450 -7,536 -10,699 -10,163 -9,479
PBIDT 686 735 1,060 880 913 1,160 1,610 1,620 1,451
Interest -236 -392 -606 -679 -569 -581 -615 -620 -493
Depreciation -219 -321 -335 -328 -337 -363 -396 -422 -459
Taxation -51 -55 -116 68 -21 -101 -213 -5 -172
Exceptional Items -200 -68 -30 -21 62 -120 378 -112
PAT -20 -100 -27 -80 47 -6 764 461 328

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 222 109 -183 917 1,163 565 1,567 1,665 1,557
Cash Fr. Inv. -1,482 -615 -874 -498 -426 -120 -516 -469 -346
Cash Fr. Finan. 1,255 359 1,253 -512 -816 -470 -977 -1,168 -831
Net Change -5 -148 196 -93 -79 -25 74 28 380
Cash & Cash Eqvt 290 142 290 178 97 72 144 173 552

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 63.01 63.02 63.02 63.02 63.02 63.02 63.02 63.02 63.02
Public 36.99 36.98 36.98 36.98 36.57 36.97 36.97 36.98 36.97
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 3.82 3.82 3.82 3.82 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 30 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
This is to inform you that Prabhudas Lilladher is organizing Q1 & FY22 Earnings Conference Call on the Financial Results of the Company on Monday the 2nd August 2021 at 16.30 hrs. IST. An invite issued in this regard is attached herewith for information and record.
Fri, 30 Jul 2021
Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Financial / Operational Highlights - Quarter Results
The Board of Directors of Jindal Saw Limited has approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June 2021. A copy of the highlights of financial and operational performance which will be circulated to the investors community and other stakeholders is being sent to you for your reference and record.
Fri, 30 Jul 2021
UNAUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30Th JUNE 2021 IN ACCORDANCE OF REGULATION 33(3) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015
UNAUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE 2021 IN ACCORDANCE OF REGULATION 33(3) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index

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