Sarthi Capital Advisors Pvt. Ltd.
Company Profile
Established in March 1974, Jindal Supreme (India) Limited is a manufacturer and supplier of steel products designed for infrastructure and industrial use. Over five decades of operation, the company has built a broad product range that includes steel pipes, tubes, protective crash barriers, and utility poles. These products support essential applications across sectors such as water supply, highway construction, energy pipelines, agriculture, and public utilities.
Headquartered with manufacturing facilities in Hisar, Haryana, the company operates a business-to-business model. It serves clients directly—including major infrastructure contractors—while supporting a widespread regional dealer network across northern India. Jindal Supreme continues to expand its operations by diversifying into high-demand infrastructure components, extending its market reach, and building long-term commercial partnerships.
For the year/period ended (Rs. in Cr.)
| FY26 | FY25 | FY24 | |
|---|---|---|---|
| Total Revenue | 675.94 | 604.74 | 650.88 |
| Profit After Tax | 22.53 | 24.27 | 12.87 |
| EPS | 5.59 | 6.02 | 3.20 |
| EBITDA Margin (%) | 6.16 | 4.42 | 3.27 |
| PAT Margin (%) | 3.33 | 4.01 | 1.98 |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY26 |
Net Profits(Cr.) FY26 |
|---|---|---|---|---|---|---|
| Jindal Supreme (India) Limited | 474.52* | 93 | 3.87 | 14.33 | 675.94 | 22.53 |
| Vibhor Steel Tubes Ltd | 232 | 122 | 1.18 | 27.6 | 1149 | 9 |
| Sambhv Steel Tubes Ltd | 3869 | 131 | 3.64 | 23.2 | 2413 | 143 |
| Hi-Tech Pipes Limited | 1532 | 75.4 | 1.14 | 20.4 | 4200 | 76 |
*Market cap @upper band
The Company JINDAL SUPREME (INDIA) LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
At the upper band of IPO Rs. 93, the stock is valued at 14.33 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.