Jindal saw Limited has announced a conference call to discuss its Q4FY26 financial results, scheduled for April 28, 2026. The company filed a regulatory notice under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, informing stock exchanges about the upcoming investor meet.

Conference Call Details

ICICI Securities Limited will organize the conference call for analysts and investors on Tuesday, April 28, 2026 at 15:30 hrs IST. The session aims to provide insights into the company's fourth quarter performance for fiscal year 2026.

Management Participation

The conference call will feature key members of Jindal Saw's senior management team who will present the quarterly results and address participant queries.

Access Information

The company has provided multiple access options for participants, including universal access numbers and toll-free international numbers for global investors.

Universal Access Numbers:

• +91 22 6280 1144
• +91 22 7115 8045

International Toll-Free Access:

Regulatory Compliance

The company emphasized that discussions during the conference call will be based solely on publicly available information. No unpublished price sensitive information (UPSI) is intended to be discussed during the meeting, ensuring compliance with regulatory requirements. The notice also mentioned that changes may occur due to exigencies on the part of participants or the company.

Contact Information

ICICI Securities has designated multiple coordinators for the event, including Mr. Jaideep Goswami as Head of Equities, along with Mr. Vikash Singh, Mr. Pritish Urumkar, Mr. Rushad Kapadia, Ms. Seema Sehgal, and Ms. Minali Ginwala for various clarifications and support.

The regulatory filing was signed by Company Secretary Sunil K. Jain and submitted to both BSE Limited and National Stock Exchange of India Limited on April 22, 2026.

Jindal saw has received a positive outlook from Elara Capital, which has initiated coverage on the steel pipe manufacturer with a Buy rating and target price of ₹280. The brokerage firm highlights multiple growth drivers that position the company for a potential earnings recovery in the coming years.

Strong Order Book Position

The company currently maintains an all-time high order book, which stands at approximately 1.4x trailing volumes. This robust order book provides strong revenue visibility and indicates healthy demand for the company's products across various sectors.

Growth Drivers and Market Opportunities

Elara Capital expects earnings recovery in FY27-28, driven by several key factors:

• Water sector demand: Revival of the Jal Jeevan Mission is expected to boost demand for water infrastructure projects
• Oil and gas sector growth: Increasing demand from the oil and gas industry supports the company's core business
• Global pipeline capex: Rising global investments in pipeline infrastructure create export opportunities
• Export diversification: The company's strategy to diversify export markets reduces dependency on specific regions

Operational Benefits and Valuation Appeal

The brokerage highlights that capacity expansion initiatives will aid operating leverage, potentially improving profitability margins as volumes increase. Elara Capital views the current valuations as attractive, suggesting significant rerating potential for the stock.

Investment Outlook

The combination of strong order book position, multiple growth drivers across water and energy sectors, and attractive valuations forms the basis for Elara Capital's positive recommendation. The target price of ₹280 reflects the brokerage's confidence in the company's ability to capitalize on infrastructure spending and global pipeline investments in the medium term.