Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Jindal Saw Limited engages in the manufacture and supply of iron and steel pipes and pellets in India and internationally. It operates through Iron and Steel Products and Others segments. The company offers SAW pipes used for energy transportation in the oil and gas sector, including water and slurry transportation; ductile iron pipes and fittings for water and waste-water transportation sectors; carbon, alloy, and stainless steel seamless and welded pipes and tubes for use in petroleum, exploration, sugar, steel, bearing, automotive general engineering, power, and process industries; operates iron ore mine and pellet plant. It provides precision stainless steel strips and soft magnetic nickel alloys for use in the production of textile machinery, clocks, watches, and electrical equipment; anti corrosion and protective coating; double chamber pipes; foam coated pipes; weld-on connector casings; bends and flanges; pipes and tubes for general mechanical engineering applications; and line pipe, process pipe, oil country tubular goods products, and non-welded pipes. In addition, the company is involved in the transshipment and waterborne transportation businesses; and provision of inland shipping, business process outsourcing, call center and advisory, helical anchor manufacturing, property holding, and tools and fittings products. Jindal Saw Limited was incorporated in 1984 and is based in New Delhi, India.

Revenue projections:

Revenue projections for JINDALSAW
Revenue projections for JINDALSAW

Revenues for JINDALSAW are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 0.000000
forwardPE 9.441667
debtToEquity 43.953000
earningsGrowth -0.490000
revenueGrowth -0.062000
grossMargins 0.426790
operatingMargins 0.092590
trailingEps 17.640000
forwardEps 19.200000

JINDALSAW's low earnings and revenue growth suggest shrinking profits are likely. This could reflect broader financial struggles, signaling that the company might face difficulties in sustaining its profitability.
With negative gross and operating margins, JINDALSAW is facing losses at both the production and operational levels. This signals significant financial strain and may indicate that the company is struggling to manage costs effectively.
JINDALSAW's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that JINDALSAW's financial performance will improve in the current financial year.

Price projections:

Price projections for JINDALSAW
Price projections for JINDALSAW

The gradual downward revision of JINDALSAW's price projections signals decreasing confidence in the company's future performance. Analysts are adjusting their expectations, reflecting uncertainty about JINDALSAW's growth potential.

Insider Transactions:

Insider Transactions for JINDALSAW
Insider Transactions for JINDALSAW


JINDALSAW experienced 11 sell transactions with market price of 207.32454612038353 per share.During the review period, no sell transactions were executed.The trend of more buys than sells at Jindal Saw Limited's current price levels suggests a possible bullish sentiment. This could indicate that investors are expecting a favorable outlook for the stock, prompting more buying activity.

Recommendation changes over time:

Recommendations trend for JINDALSAW
Recommendations trend for JINDALSAW


Analysts have shown a buy bias for JINDALSAW, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to JINDALSAW, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.