Jindal Saw Peer Comparison

NSE: JINDALSAW | BSE: 500378

₹301.55

₹2.35 (0.79%)

As on 16-Oct-2026IST

Market cap

₹19,310 Cr

Revenue (TTM)

₹18,501 Cr

P/E Ratio

35.2

P/B Ratio

1.5

Div. Yield

0.7 %

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	Jindal Saw	Mangalam Worldwide	Jayaswal Neco	Carnation Ind
Market cap (₹ Cr)	19,310	1,179	9,759	36
Revenue (₹ Cr)	18,501	1,292	8,002	3
Net Profit (₹ Cr)	506.65	55.30	688.69	0.23
Net Margin (%)	2.72	4.27	8.58	7.74
RoE (%)	4.45	17.47	22.61	15.35
Price to Earnings	35.20	21.37	14.17	154.37
Price-To-Book	1.53	3.55	3.22	23.60

Income Statement (₹ Cr)

	Jindal Saw	Mangalam Worldwide	Jayaswal Neco	Carnation Ind
Operating Revenue	18,500.99	1,291.76	8,002.49	2.95
Total Income	18,618.91	1,294.98	8,025.23	2.99
Total Expenditure	16,749.80	1,169.19	6,480.77	0.99
EBITDA	1,751.19	122.57	1,521.72	1.96
Depreciation	654.31	12.79	305.03	0.00
EBIT	1,096.88	109.78	1,216.69	1.96
Interest	529.39	51.89	321.62	1.33
Other Income	117.92	3.22	22.74	0.03
Exceptional Items	0.00	0.00	-10.04	0.00
Profit before Tax	685.41	61.11	907.77	0.66
Provision for Tax	178.76	5.81	219.08	0.43
Profit after Tax	506.65	55.30	688.69	0.23

	Jindal Saw	Mangalam Worldwide	Jayaswal Neco	Carnation Ind
Shareholder's Funds	12,574.24	331.75	3,316.44	1.51
Minority Interest	51.26	-0.14	0.00	0.00
Non-Current Liabilities	3,215.81	211.14	980.52	13.79
Current Liabilities	6,187.68	673.84	1,565.24	1.77
Total Liabilities	21,571.92	928.66	5,970.14	16.82

	Jindal Saw	Mangalam Worldwide	Jayaswal Neco	Carnation Ind
Non-Current Assets	10,512.89	170.08	3,236.63	11.90
Current Assets	9,972.57	1,009.45	2,379.07	1.85
Total Assets	21,571.92	928.66	5,970.14	16.82
Total Debt*	4,040.05	232.97	2,111.21	13.62
Net Current Assets	3,784.89	335.60	813.83	0.07
Contingent Liabilities	3,314.98	24.26	300.14	--

	Jindal Saw	Mangalam Worldwide	Jayaswal Neco	Carnation Ind
Cash From Operating Activities	1,771.39	24.25	1,367.46	-0.73
Cash Flow from Investing Activities	-955.39	-25.49	-112.87	-13.17
Cash from Financing Activities	-1,073.28	1.94	-1,284.31	13.16
Net Cash Inflow / Outflow	-257.28	0.69	-29.71	-0.74

	Jindal Saw	Mangalam Worldwide	Jayaswal Neco	Carnation Ind
ROCE (%)	10.38	17.97	20.48	11.65
ROE (%)	4.45	17.47	22.61	15.35
ROA (%)	2.39	5.54	11.98	1.65
EBIT Margin (%)	5.93	8.50	15.20	66.32
Net Margin (%)	2.72	4.27	8.58	7.74
Cash Profit Margin (%)	0.00	0.00	0.00	0.00

	Jindal Saw	Mangalam Worldwide	Jayaswal Neco	Carnation Ind
Revenue Growth (%)	-0.73	8.85	18.34	--
EBIT Growth (%)	-49.79	90.28	28.33	292.06
Net Profit Growth (%)	-53.36	48.51	82.81	120.70
EPS Growth (%)	-60.06	-9.36	84.81	120.70
Book Value Growth (%)	10.30	17.10	19.61	-8.08

	Jindal Saw	Mangalam Worldwide	Jayaswal Neco	Carnation Ind
Price / Earnings	35.20	3.68	14.02	0.00
Price / Book Value	1.53	3.55	3.22	18.55
Dividend Yield (%)	0.66	0.08	0.00	0.00
EV/EBITDA	13.02	11.47	7.62	41.94
Market Cap (₹ Cr)	11,719.54	753.54	6,970.64	27.81

	Jindal Saw	Mangalam Worldwide	Jayaswal Neco	Carnation Ind
Debt to Equity	0.12	0.50	0.22	9.13
Short term debt to equity ratio	0.20	0.44	0.17	--
Current Ratio	1.61	1.50	1.52	1.04
Quick Ratio	0.76	0.61	0.70	1.04
Interest Coverage	2.29	2.18	3.82	1.50

	Jindal Saw	Mangalam Worldwide	Jayaswal Neco	Carnation Ind
Debtors to sales (%)	16.72	19.02	3.91	36.97
Asset Turnover	0.87	1.29	1.39	0.21
Receivable days	67.89	49.67	22.25	406.22
Inventory Days	103.90	112.75	66.77	0.00
Payable days	61.16	44.03	43.30	--
Cash Conversion Cycle	110.63	118.38	45.73	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.