Carborundum Universal Ltd vs Jindal Saw Ltd Stock Comparison

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Last Updated on: Jun 15, 2026

Key Highlights

The Latest Trading Price of Carborundum Universal Ltd is ₹ 1054 as of 12 Jun 15:30 . The P/E Ratio of Carborundum Universal Ltd changed from 33.9 on March 2021 to 0 on March 2026 . This represents a CAGR of -100.00% over 6 yearsThe P/E Ratio of Jindal Saw Ltd changed from 7.4 on March 2021 to 12 on March 2026 . This represents a CAGR of 8.39% over 6 years The Market Cap of Carborundum Universal Ltd changed from ₹ 9653 crore on March 2021 to ₹ 0 crore on March 2026 . This represents a CAGR of -100.00% over 6 yearsThe Market Cap of Jindal Saw Ltd changed from ₹ 2370 crore on March 2021 to ₹ 11718 crore on March 2026 . This represents a CAGR of 30.51% over 6 years The revenue of Carborundum Universal Ltd for the Mar '26 is ₹ 1429 crore as compare to the Dec '25 revenue of ₹ 1312 crore. This represent the growth of 8.92% The revenue of Jindal Saw Ltd for the Mar '26 is ₹ 4656 crore as compare to the Dec '25 revenue of ₹ 4965 crore. This represent the decline of -6.22% The ebitda of Carborundum Universal Ltd for the Mar '26 is ₹ 40.97 crore as compare to the Dec '25 ebitda of ₹ 178.89 crore. This represent the decline of -77.1% The ebitda of Jindal Saw Ltd for the Mar '26 is ₹ 501.09 crore as compare to the Dec '25 ebitda of ₹ 634.9 crore. This represent the decline of -21.08% The net profit of Carborundum Universal Ltd changed from ₹ 114.84 crore to ₹ -40.01 crore over 8 quarters. This represents a CAGR of NaN% The net profit of Jindal Saw Ltd changed from ₹ 416.43 crore to ₹ 123.68 crore over 8 quarters. This represents a CAGR of -45.50% The Dividend Payout of Carborundum Universal Ltd changed from 30.92 % on March 2021 to 0 % on March 2026 . This represents a CAGR of -100.00% over 6 yearsThe Dividend Payout of Jindal Saw Ltd changed from 19.43 % on March 2021 to 16.31 % on March 2026 . This represents a CAGR of -2.88% over 6 years .

About Carborundum Universal Ltd

Carborundum Universal Limited, which is known by its acronym CUMI, is a largest high alumina ceramic manufacturing company in India.
CUMI manufactures and sells mainly Abrasives, Ceramics (Industrial Ceramics, Refractories) and Electrominerals.
It manufactures a comprehensive product range which includes, Bonded, Coated, Super Abrasives, Ceramics, Electrominerals and Coolants for a wide spectrum of industries. Carborundum Universal Limited was incorporated in April , 1954 as a joint venture between Carborundum Company, USA, Universal Grinding Wheel Company, UK and Murugappa Group, India.
Within ten year, they acquired a coated abrasives facility from Ajax Products Pvt.
Ltd. and set up a bonded abrasive facility at Thiruvottiyur in Chennai and bauxite mining in Bhatia.

About Jindal Saw Ltd

Jindal Saw Limited (JSL), erstwhile known as Saw Pipes Limited is a part of Jindal Group and was incorporated in October 1984 at Mathura (U.P.).
The name of the Company was changed from Saw Pipes Limited to Jindal Saw Limited on 11th January, 2005.
The company is a leading global manufacturer and supplier of Iron & Steel Pipe products and pellets with manufacturing facilities located at three places in India, such as Kosi Kalan in UP, Nashik in Maharashtra and Mundra in Gujarat, USA, Europe and UAE (MENA).
The business operations are highly structured with four strategic business units: Large Diameter Submerged Arc Welded Line Pipes (SAW Pipes) and Seamless Pipes & Tubes, DI (Ductile Iron) Pipes and Stainless steel Seamless and Welded Pipes.
Its products have application in Oil and Gas Exploration, Transportation, Power Generation, Supply of Water for Drinking, Drainage, Irrigation Purposes and Other Industrial Applications.

FAQs for the comparison of Carborundum Universal Ltd and Jindal Saw Ltd

Which company has a larger market capitalization, Carborundum Universal Ltd or Jindal Saw Ltd?

Market cap of Carborundum Universal Ltd is 20,085 Cr while Market cap of Jindal Saw Ltd is 15,239 Cr

What are the key factors driving the stock performance of Carborundum Universal Ltd and Jindal Saw Ltd?

The stock performance of Carborundum Universal Ltd and Jindal Saw Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Carborundum Universal Ltd and Jindal Saw Ltd?

As of June 15, 2026, the Carborundum Universal Ltd stock price is INR ₹1054.4. On the other hand, Jindal Saw Ltd stock price is INR ₹238.3.

How do dividend payouts of Carborundum Universal Ltd and Jindal Saw Ltd compare?

To compare the dividend payouts of Carborundum Universal Ltd and Jindal Saw Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.