Jindal SAW vs Hi-Tech Pipes: Share Price, PE and ROE Compared
- August 13, 2026
- Posted by: Ankit Jaiswal
- Category: advisory
Jindal SAW MCap Rs 17,235 Cr, PE 28.70x, ROE 7.74%. Hi-Tech Pipes MCap approx Rs 3,000-5,000 Cr.
Quick Answer
Jindal SAW and Hi-Tech Pipes both operate in the steel pipes segment. Jindal SAW at Rs 17,235 Cr makes SAW and ductile iron pipes for oil, gas and water infrastructure. Hi-Tech Pipes at approximately Rs 3,000-5,000 Cr makes structural steel tubes and ERW pipes for construction. Jindal SAW’s ROE of 7.74% is consistent for a large-cap pipe maker.
The Jindal SAW vs Hi-Tech Pipes question comes up often among investors who follow the Steel pipes and tubes space in India. Jindal SAW MCap Rs 17,235 Cr, PE 28. 70x, ROE 7. This article goes through what each company does, their latest financial performance, and the key numbers that matter for anyone evaluating Jindal SAW vs Hi-Tech Pipes as a research exercise.
All data cited here is sourced from publicly available company filings. Note: Hi-Tech Pipes data approximate. Verify the latest prices and fundamentals on NSE or BSE before acting on any information.
Jindal SAW vs Hi-Tech Pipes: Company Overview and Market Presence
Jindal SAW operates in the Steel pipes and tubes segment and is listed on Indian exchanges. Jindal SAW MCap Rs 17,235 Cr, PE 28 The company has built its market position over the years through its core offerings to customers across India.
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Hi-Tech Pipes is the other side of this Jindal SAW vs Hi-Tech Pipes comparison. 70x, ROE 7 It competes in the same Steel pipes and tubes space, though its scale and strategy may differ significantly from Jindal SAW’s approach.
When investors look at the Jindal SAW vs Hi-Tech Pipes pair, market capitalisation is usually the first filter. Jindal SAW MCap Rs 17,235 Cr, PE 28. 70x, ROE 7. The size difference, if any, tells you something about liquidity and institutional ownership patterns.
Jindal SAW vs Hi-Tech Pipes: Business Mix and Revenue Sources
To understand the Jindal SAW vs Hi-Tech Pipes comparison fully, you need to look at how each company makes money. Jindal SAW’s revenue comes from its core Steel pipes and tubes operations. Jindal SAW earns from the Steel pipes and tubes segment.
Hi-Tech Pipes similarly derives its earnings from the Steel pipes and tubes space. Hi-Tech Pipes operates in the Steel pipes and tubes space. The product or service mix of the two companies can be similar or quite different depending on which subsegments each one serves.
Jindal SAW vs Hi-Tech Pipes: Financial Results and Key Ratios
This is where the Jindal SAW vs Hi-Tech Pipes comparison gets concrete. Return on equity, price-to-earnings ratio and market capitalisation are three metrics that help frame the relative position of each stock.
Jindal SAW MCap Rs 17,235 Cr, PE 28 The profitability and efficiency ratios here reflect the latest available data from public filings.
70x, ROE 7 Investors should note that Hi-Tech Pipes data approximate.
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Jindal SAW vs Hi-Tech Pipes: Valuation and What the Market Is Pricing In
Valuation is a core part of any Jindal SAW vs Hi-Tech Pipes analysis. A high PE ratio can signal growth expectations or thin earnings. A low PE may indicate value or a business under stress. Neither is automatically good or bad without context.
Jindal SAW MCap Rs 17,235 Cr, PE 28.70x, ROE 7.74%. Hi-Tech Pipes MCap approx Rs 3,000-5,000 Cr. The Jindal SAW vs Hi-Tech Pipes stock data above reflects figures sourced from publicly available data. Prices change daily, so treat this as a starting point for your own research rather than a definitive trading signal.
Dividend yield is another data point worth checking in the Jindal SAW vs Hi-Tech Pipes pair. Some investors prioritise income alongside capital appreciation, and a consistent dividend track record can be a sign of earnings quality and management confidence in the cash flow.
Jindal SAW vs Hi-Tech Pipes: Side-by-Side Comparison
The table below captures the most relevant metrics side by side for the Jindal SAW vs Hi-Tech Pipes comparison.
| Parameter | Jindal SAW | Hi-Tech Pipes |
|---|---|---|
| MCap | Rs 17,235 Cr | approx Rs 3,000-5,000 Cr |
| PE | 28.70x | Approx |
| ROE | 7.74% | Approx |
What Should Investors Know About the Jindal SAW vs Hi-Tech Pipes Choice
Every Jindal SAW vs Hi-Tech Pipes research exercise should go beyond just looking at the current share price. The sector outlook for Steel pipes and tubes companies, the trajectory of earnings growth, debt levels and management quality all feed into a complete picture.
For the Jindal SAW vs Hi-Tech Pipes pair specifically: Jindal SAW MCap Rs 17,235 Cr, PE 28. 70x, ROE 7. These numbers are a starting point. Investors should also look at the trend over four to eight quarters rather than just the latest standalone figure, since one strong quarter does not always reflect the underlying business quality.
If you are building a portfolio allocation decision around the Jindal SAW vs Hi-Tech Pipes comparison, consider the risk profile of your overall portfolio first. Both companies operate in Steel pipes and tubes, which carries its own sector-specific risks including regulatory changes, commodity cost pressure, competitive intensity and macroeconomic sensitivity.
Conclusion
The Jindal SAW vs Hi-Tech Pipes comparison comes down to this: Jindal SAW and Hi-Tech Pipes are both listed Indian companies in the Steel pipes and tubes space, but they differ in scale, valuation, and financial profile. Jindal SAW MCap Rs 17,235 Cr, PE 28. 70x, ROE 7.
Jindal SAW MCap Rs 17,235 Cr, PE 28.70x, ROE 7.74%. Hi-Tech Pipes MCap approx Rs 3,000-5,000 Cr. Before taking any position in either stock, verify the latest fundamentals on NSE or BSE and consult a SEBI-registered investment advisor (registration number INH000013776).
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Disclaimer: Data and figures in this article are sourced from publicly available information and may not be fully accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice from Univest (SEBI RA INH000013776).
Frequently Asked Questions
What does Jindal SAW do?
Ans. Jindal SAW is a listed Indian company in the Steel pipes and tubes segment. For the latest business updates, visit univest.in.
What does Hi-Tech Pipes do?
Ans. Hi-Tech Pipes is a listed Indian company in the Steel pipes and tubes segment. For the latest business updates, visit univest.in.
Which is larger in the Jindal SAW vs Hi-Tech Pipes comparison?
Ans. Based on current market cap data: Jindal SAW MCap Rs 17,235 Cr, PE 28. Verify the latest figures on NSE or BSE.
How do PE ratios compare in Jindal SAW vs Hi-Tech Pipes?
Ans. The PE ratio comparison is covered in the data table above. Verify current figures from NSE or BSE before investing.
What is the ROE of Jindal SAW?
Ans. The ROE of Jindal SAW is mentioned in the data table above. Verify from the latest quarterly filings.
Does Hi-Tech Pipes pay dividends?
Ans. Dividend yield information for Hi-Tech Pipes is included in the comparison above. Verify from NSE or BSE.
How should I evaluate Steel pipes and tubes stocks?
Ans. For Steel pipes and tubes stocks, review earnings quality, ROE trends, debt levels and sector outlook. Consult a SEBI-registered advisor (INH000013776) before investing.
