Jindalw (NSE:JINDALSAW) Dividend Payout Ratio: 1.23 (As of Jun. 2026) — 1018% Above Median

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NSE:JINDALSAW Jindal Saw Ltd NSE:JINDALSAW
83 GF Score
Price ₹265.95
GF Value ₹220.89
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Jindalw Dividend Payout Ratio?

Jindalw NSE:JINDALSAW -1.30% 83 Dividend Payout Ratio is 1.23 as of Jun. 2026, which is 1018% above its 10-year median of 0.11. GuruFocus rates NSE:JINDALSAW with a GF Score™ of 83/100 and a GF Value™ of ₹220.89 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 270 Steel companies, Jindalw ranks better than 74.44% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Jindalw's Dividend Payout Ratio for the months ended in Jun. 2026 was 1.23.

The historical rank and industry rank for Jindalw's Dividend Payout Ratio or its related term are showing as below:

NSE:JINDALSAW' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.11   Max: 0.29
Current: 0.2

During the past 13 years, the highest Dividend Payout Ratio of Jindalw was 0.29. The lowest was 0.06. And the median was 0.11.

NSE:JINDALSAW's Dividend Payout Ratio is ranked better than
74.44% of 270 companies
in the Steel industry
Industry Median: 0.39 vs NSE:JINDALSAW: 0.20

As of today (2026-07-21), the Dividend Yield % of Jindalw is 0.75%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Jindalw was 4.81%. The lowest was 0.52%. And the median was 1.48%.

Jindalw's Dividends per Share for the months ended in Jun. 2026 was ₹2.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jindalw was 35.70% per year. The lowest was -7.20% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Jindalw (NSE:JINDALSAW) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Jindalw Dividend Payout Ratio Related Terms

Jindalw Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Jindalw's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jindalw Dividend Payout Ratio Chart

Jindalw Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.10 0.06 0.07 0.13

Jindalw Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.00 0.00 0.00 1.23

NSE:JINDALSAW vs NUE, STLD, RS: Dividend Payout Ratio Comparison

For the Steel subindustry, Jindalw's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Jindalw Dividend Payout Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Jindalw's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Jindalw's Dividend Payout Ratio falls into.


NSE:JINDALSAW
83GF Score
Jindal Saw Ltd NSE:JINDALSAW
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jindalw Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Jindalw's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=2/ 15.935
=0.13

Jindalw's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=2/ 1.63
=1.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.23 mean?
Jindalw (NSE:JINDALSAW) has a Dividend Payout Ratio of 1.23 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Jindalw and its competitors. This is 1018% above median its historical median of 0.11. Over the past decade, Jindalw's Dividend Payout Ratio has ranged from 0.06 to 0.29. According to the industry distribution chart, Jindalw ranks #69 out of 270 companies in the Steel industry, placing it in the top 25.6%.
Is Jindalw's Dividend Payout Ratio too high?
Jindalw's current Dividend Payout Ratio of 1.23 is 1018% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.29. The Steel industry median Dividend Payout Ratio is 0.39. Jindalw's value of 1.23 is 215.4% above this industry median. Based on the distribution chart, Jindalw ranks #69 out of 270 companies in the Steel industry, which is above the industry midpoint. Overall, Jindalw has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jindalw's Dividend Payout Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Jindalw ranks #69 out of 270 companies for Dividend Payout Ratio. This puts Jindalw in the upper half of its industry. The industry median Dividend Payout Ratio is 0.39. Jindalw's value of 1.23 is 215.4% above this benchmark. Historically, Jindalw's own Dividend Payout Ratio has ranged from 0.06 to 0.29 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.39, Jindalw has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Steel company?
The median Dividend Payout Ratio among Steel companies is 0.39, based on 270 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jindalw's current Dividend Payout Ratio of 1.23 is 215.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Jindalw and its competitors. For the Steel industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindalw's current Dividend Payout Ratio is 1.23, which is 1018% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindalw stock overvalued right now?
Based on GuruFocus' analysis, Jindalw (NSE:JINDALSAW) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹220.89, compared to a current price of ₹265.95 — trading 20.4% above its estimated fair value. The current Dividend Payout Ratio is 1.23, which is 1018% above median its 10-year median of 0.11 and 215.4% above the Steel industry median of 0.39. Jindalw's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Jindalw (NSE:JINDALSAW), the current Dividend Payout Ratio is 1.23 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jindalw (NSE:JINDALSAW) Overvalued in 2026?

Based on GuruFocus' analysis, Jindalw stock appears to be overvalued. The current stock price of ₹265.95 is trading 20.4% above its estimated GF Value™ of ₹220.89. GuruFocus considers Jindalw to be Modestly Overvalued.

Key valuation signals for NSE:JINDALSAW:

  • Dividend Payout Ratio: 1.23 (1018% above median its 10-year median of 0.11)
  • GF Value™: ₹220.89 vs. price of ₹265.95 (20.4% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 215.4% above the Steel median (#69 of 270)

No single metric tells the full story. See the NSE:JINDALSAW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jindalw Business Description

Other Exchanges 500378:India
Address 12 Bhikaiji Cama Place, Jindal Centre, New Delhi, IND, 110066
Jindal Saw Ltd is a manufacturer and supplier of Iron & Steel pipes and pellets having manufacturing facilities in India. Its products have applications in oil and gas exploration, transportation, power generation, supply of water for drinking, drainage, irrigation purposes and other industrial applications. Its product portfolio includes Helical & Longitudinal Submerged Arc Welded Pipes, Centrifugal Casted Pipes & Fittings, Carbon Steel/ Alloy Steel (Seamless Pipes & Tubes), Stainless Steel (Seamless & Welded) Pipes & Tubes, and Pellets & Mining. The company derives revenue from the manufacturing of iron and steel pipes and pellets in India.
83GF Score

Get the complete analysis for NSE:JINDALSAW

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹265.95
Price
₹220.89
GF Value