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Comparison · NSE · data 2026-11-01

Jindal Saw Limited vs Ratnamani Metals & Tubes Ltd.

In plain words

Size: Ratnamani Metals & Tubes Ltd. is about 1.1 times the market value of Jindal Saw Limited.

Valuation (P/E): Ratnamani Metals & Tubes Ltd. 37.6 vs Jindal Saw Limited 26.5.

Return on equity: Ratnamani Metals & Tubes Ltd. 12.5% vs Jindal Saw Limited 8.1%.

Profit growth over 3 years: Jindal Saw Limited 14.8% a year vs Ratnamani Metals & Tubes Ltd. -1.9% a year.

Debt to equity: Jindal Saw Limited 0.37 vs Ratnamani Metals & Tubes Ltd. 0.08.

Differences in the numbers, not a recommendation of either stock.

Side by side

JINDALSAWRATNAMANI
Price₹228.05₹2,319.3
Market cap₹14,603 cr₹16,260 cr
P/E26.537.6
P/B1.2—
ROE8.1%12.5%
ROCE10.3%15.3%
Debt / equity0.370.08
Operating margin5.9%13.8%
Dividend yield0.88%0.43%
Sales growth, 3 years (yearly)1.3%0.1%
Profit growth, 3 years (yearly)14.8%-1.9%
1-year return27.7%-4.6%
Revenue, last 12 months₹18,501 cr₹4,314 cr
Net profit, last 12 months₹549 cr₹433 cr
Latest quarterSept 2026Jun 2026
Quarter net profit₹47 cr₹82 cr
Quarter profit vs a year earlier-69.0%-37.7%
Promoter holding63.25%59.77%
Health checkAverage (5.1/10)Weak (3.6/10)

Common questions

Which has a higher P/E, Jindal Saw Limited or Ratnamani Metals & Tubes Ltd.?

Ratnamani Metals & Tubes Ltd. trades at the higher P/E (37.6 against 26.5). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.

Which earns a higher return on equity?

Ratnamani Metals & Tubes Ltd. (12.5% against 8.1%).

Which carries more debt?

Jindal Saw Limited has the higher debt-to-equity ratio (0.37 against 0.08).

JINDALSAW pageRATNAMANI page

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