Jindal Saw Limited
Jindal Saw Ltd manufactures LSAW pipes, HSAW pipes, DI pipes, seamless pipes and pellets.
What Jindal files
- Investor Meet85
- Others81
- Important28
- Dividend/Bonus6
- Board Meeting6
- Credit Ratings5
Jindal Saw's Q1 FY27 standalone PAT dropped to 109.8 Cr, consolidated to 90.8 Cr, due to Middle East conflict impacting exports. API license reinstated. An ₹1,891 Cr arbitration award for its subsidiary was set aside. New pipe projects in UAE/KSA are advancing.
Jindal Saw's Board approved the disposal (sale/liquidation) of its 100% subsidiary, Raleal Holdings Limited, Cyprus. The subsidiary has NIL turnover and a negative net worth of Euro 9,762,501, signaling a move to streamline operations.
Jindal Saw reported a sharp decline in Q2 PAT to ₹79.3 Cr, impacted by domestic water sector liquidity issues. Despite this, the company secured an all-time high order book of ~US$1.45 billion, with additional ~US$240 million for UAE ops, signaling strong future revenue visibility.