JINDALSAW · Capital Goods
Jindal Saw Ltd. reported revenue of ₹5,656 cr for October to December 2023, — on the year and +3.5% on the quarter.
Operating profit (EBITDA) was ₹988 cr, a margin of 17.5%, — on the year and +276 bps on the quarter.
Net profit was ₹512 cr, — on the year and +43.8% on the quarter, with earnings per share of ₹8.34.
Capital goods and EPC revenue follows project execution, which makes quarters uneven; the order book and new orders tell more about the year than one quarter does. The quarterly statements do not carry the order book, new orders and working capital; those come with the filing read.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
| Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5,656 cr | ₹5,425 cr | ₹4,939 cr | ₹5,572 cr | ₹5,271 cr | ₹5,047 cr | ₹4,085 cr | ₹4,234 cr | ₹4,943 cr | ₹4,633 cr | ₹4,452 cr | ₹4,472 cr |
| YoY | — | — | +12% | +2% | −7% | −7% | −17% | −24% | −6% | −8% | +9% | +6% |
| EBITDA margin | 17.5% | 17.0% | 17.0% | 16.4% | 17.8% | 14.6% | 16.4% | 10.7% | 12.4% | 10.3% | 8.8% | 5.8% |
| Other income, % of PBT | 6% | 10% | 9% | 6% | 4% | 6% | 8% | 22% | 6% | 13% | 17% | 364% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 27% | 28% | 29% | 26% | 26% | — | −11% | 24% | 29% | 28% | 36% | — |
| Net profit | ₹512 cr | ₹480 cr | ₹416 cr | ₹475 cr | ₹479 cr | ₹87.0 cr | ₹415 cr | ₹139 cr | ₹248 cr | ₹124 cr | ₹91.0 cr | ₹35.0 cr |
| YoY | — | — | +70% | +33% | −6% | −82% | −0% | −71% | −48% | +43% | −78% | −75% |
| Core profit YoY | — | — | +69% | +28% | −7% | −26% | −36% | −76% | −47% | −67% | −66% | −126% |
| EPS | ₹8.34 | ₹7.85 | ₹6.90 | ₹7.81 | ₹7.92 | ₹4.55 | ₹6.63 | ₹2.38 | ₹4.03 | ₹2.18 | ₹1.63 | ₹0.74 |
| Flags | · | · | ✓ | ✓ | ✓ | ✓ | 1 | 1 | 1 | 2 | 1 | 2 |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Jindal Saw Ltd. reported revenue of ₹5,656 cr (— on the year) and net profit of ₹512 cr (— on the year) for October to December 2023.
None of the 2 checks that could run raised a question.
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