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This Article is From May 13, 2024

Jindal Saw - Geared For Growth; Positive Demand Outlook: Systematix

Jindal Saw - Geared For Growth; Positive Demand Outlook: Systematix
Ductile Iron pipes manufactured by Jindal Saw Ltd. (Source: Company website)
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Jindal Saw Ltd.
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NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Systematix Research Report

Jindal Saw Ltd., founded in 1984, is the flagship company of PR Jindal group. The company manufactures large-diameter submerged arc welded pipes, ductile iron pipes, carbon, alloy, and stainless-steel seamless pipes and tubes, and has operations in India, the UAE, and the US.

In India, its manufacturing facilities are located at Uttar Pradesh, Gujarat, Maharashtra, Karnataka, and Madhya Pradesh having a cumulative capacity of ~2.5 mt in pipes and tubes.

Jindal Saw's 300 ktpa plant in Abu Dhabi, UAE, manufactures large-diameter DI pipes, which primarily caters to the export markets of Middle East/North Africa region; it also has a double jointing and coating facility in Baytown, Texas, under Jindal SAW USA LLC (capacity of 5 million square meters per annum).

Jindal Saw also has a 2 mtpa iron ore mine and a 1.5 mt pellet beneficiation and manufacturing plant in Bhilwara, Rajasthan.

Over the years, Jindal Saw has evolved into a total pipe solution provider with a diverse product portfolio and integrated operations, which enhanced its margins.

Click on the attachment to read the full report:

Systematix Jindal Saw Limited - Company Update.pdf
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