About Jindal SAW Ltd.

Jindal SAW Ltd. is a leading manufacturer and supplier of iron and steel pipes and pellets with multi-locational manufacturing facilities in India, serving oil and gas exploration, power generation, drinking water supply, drainage, irrigation, automotive and specialised industries such as nuclear power. Its product portfolio includes welded pipes above 16 inches, ductile iron pipes (up to 1.2 metres in India and up to 2.2 metres overseas), non-welded pipes and tubes, stainless-steel welded and non-welded pipes, along with anti-corrosion coatings, fittings and flanges.

The company’s plants are spread across Uttar Pradesh, Rajasthan, Gujarat, Maharashtra, Karnataka, Madhya Pradesh and Andhra Pradesh, with operations in India, USA and UAE, and a global sales footprint. As on March 31, 2025, Jindal SAW Ltd. had 7 direct subsidiaries, 12 indirect subsidiaries, 2 associates and 1 joint venture.

Business Segment of Jindal SAW Ltd.

The Annual Report does not disclose segmental revenue contributions. The company positions itself as a complete pipe solutions provider, catering to oil & gas, water infrastructure, automotive, industrial, and energy sectors.

Jindal SAW Ltd.’s Key Management Team

• Smt. Savitri Devi Jindal – Chairperson Emeritus

• Mr. Prithavi Raj Jindal – Chairperson, Non-Executive Director

• Ms. Sminu Jindal – Managing Director

• Ms. Shraddha Prithvi Rj – Joint Managing Director

• Ms. Tripti Jindal Arya – Joint Managing Director

• Mr. Neeraj Kumar – Group CEO & Whole-time Director

• Mr. Nitin Sharma – Whole-time Director

• Mr. Narendra Mantri – President – Commercial & CFO

• Mr. Sunil K. Jain – Company Secretary

Latest Updates on Jindal SAW Ltd.

• Equity Share Sub-division: On September 23, 2024, members approved splitting each equity share of ₹2 into two equity shares of Re. 1 each.

• NCDs: Approval for issuance of secured/unsecured NCDs up to ₹1,000 crore; existing NCDs worth ₹500 crore are listed on NSE.

• Scheme of Amalgamation: Pursuant to NCLT approval (March 2024), the company allotted ~34.2 lakh redeemable preference shares of ₹100 each to shareholders of merged entities.

• Operational highlights: Technology upgrades at plants, including commissioning of a Socket Ovality machine, online varnish coating, and unique 13-chrome rolling at Nashik.

• Balance sheet: Total debt reduced from ₹3,88,692 lakh (FY24) to ₹3,00,641 lakh (FY25).

• CSR: The company spent ₹1,831.67 lakh on CSR in FY25, exceeding its statutory obligation.