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

Jindal Saw Limited's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.

Financial Ratios:

currentRatio 1.447000
forwardPE 6.402981
debtToEquity 44.359000
earningsGrowth -0.424000
revenueGrowth -0.070000
grossMargins 0.425030
operatingMargins 0.114570
trailingEps 27.230000
forwardEps 0.000000

Jindal Saw Limited's current ratio is 1.447, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting Jindal Saw Limited has no trouble covering its short-term financial obligations.
Jindal Saw Limited's low earnings and revenue growth suggest that its profits could shrink. This points to a potential downturn in the company's financial outlook and may indicate challenges in maintaining profitability.
JINDALSAW's negative gross and operating margins indicate that the company is unable to generate profit from its core business activities. This suggests financial strain and could be a sign of deeper cost management issues.

Price projections:

Price projections for JINDALSAW
Price projections for JINDALSAW

JINDALSAW's current valuation aligns with projections, revealing no significant risks or opportunities. This stable environment may lead investors to adopt a wait-and-see strategy, monitoring future developments closely.

Insider Transactions:

Insider Transactions for JINDALSAW
Insider Transactions for JINDALSAW


8 transactions to sell JINDALSAW occurred, with market price at 256.75937843322754.2 purchases of JINDALSAW were executed, with market price of 253.2375030517578.The transactions conducted by insiders do not indicate any significant pattern, leaving little to infer about the company’s strategic moves.

Recommendation changes over time:

Recommendations trend for JINDALSAW
Recommendations trend for JINDALSAW


Analysts have been favoring JINDALSAW with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning JINDALSAW as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.