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
| JINDALSAW | RATNAMANI | |
|---|---|---|
| Price | ₹228.05 | ₹2,319.3 |
| Market cap | ₹14,603 cr | ₹16,260 cr |
| P/E | 26.5 | 37.6 |
| P/B | 1.2 | — |
| ROE | 8.1% | 12.5% |
| ROCE | 10.3% | 15.3% |
| Debt / equity | 0.37 | 0.08 |
| Operating margin | 5.9% | 13.8% |
| Dividend yield | 0.88% | 0.43% |
| Sales growth, 3 years (yearly) | 1.3% | 0.1% |
| Profit growth, 3 years (yearly) | 14.8% | -1.9% |
| 1-year return | 27.7% | -4.6% |
| Revenue, last 12 months | ₹18,501 cr | ₹4,314 cr |
| Net profit, last 12 months | ₹549 cr | ₹433 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹47 cr | ₹82 cr |
| Quarter profit vs a year earlier | -69.0% | -37.7% |
| Promoter holding | 63.25% | 59.77% |
| Health check | Average (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).