StoxElgi Equipments vs Jindal Saw: share price & financials comparison
NSE: ELGIEQUIP vs JINDALSAW · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Elgi Equipments vs Jindal Saw at a glance
Elgi Equipments (ELGIEQUIP) has a market capitalisation of ₹18,542 Cr, against ₹16,720 Cr for Jindal Saw (JINDALSAW). Over the past year Jindal Saw has returned +53.4%, compared with +21.3% for Elgi Equipments. On valuation, Jindal Saw trades at a lower P/E of 30.5 versus 40.8. Elgi Equipments earns a higher return on equity (18.9% vs 4.4%). Elgi Equipments comes out ahead on profitability, growth and financial health. Jindal Saw comes out ahead on size, valuation and technicals. Across the scored metrics below, Elgi Equipments leads on 9 and Jindal Saw on 9. On StoxGud's 10-point checklist, Elgi Equipments scores 9/10 and Jindal Saw scores 7/10.
| Metric | Elgi Equipments | Jindal Saw |
|---|---|---|
| Size | ||
| Market cap | ₹18,542 Cr | ₹16,720 Cr |
| Revenue (latest FY) | ₹3,951 Cr | ₹17,895 Cr |
| Net profit (latest FY) | ₹430 Cr | ₹973 Cr |
| Valuation | ||
| P/E | 40.8 | 30.5 |
| P/B | 7.72 | 1.33 |
| Dividend yield | 0.37% | 0.76% |
| Profitability | ||
| Return on equity | 18.9% | 4.4% |
| Net profit margin | 10.5% | 3.0% |
| Operating margin | 15.3% | 9.5% |
| Growth | ||
| Revenue growth (YoY) | +17.2% | +5.6% |
| Net profit growth (YoY) | +5.7% | -69.0% |
| Revenue CAGR (multi-year) | +15.5% | +178.6% |
| Financial health | ||
| Debt to equity | 0.15 | 0.33 |
| Momentum | ||
| 1-month return | -0.4% | -7.6% |
| 1-year return | +21.3% | +53.4% |
| 3-year CAGR | +4.5% | +2.0% |
| 5-year CAGR | +21.6% | +37.6% |
| 10-year CAGR | +21.3% | +25.4% |
| Distance from 52W high | -8.9% | -17.7% |
| Technicals | ||
| RSI (14) | 77 | 67 |
| Price vs 200-day avg | +5.1% | +8.4% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Elgi Equipments | Jindal Saw |
|---|---|---|
| Price above 50-day average | ✓ | ✗ |
| Price above 200-day average | ✓ | ✓ |
| 50-day average above 200-day (uptrend) | ✓ | ✓ |
| RSI in healthy 40–70 zone | ✗ | ✓ |
| Positive 1-year return | ✓ | ✓ |
| Return on equity above 15% | ✓ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✗ |
| P/E below industry median | ✓ | ✓ |
| Score | 9/10 | 7/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Elgi Equipments or Jindal Saw?
Elgi Equipments has a market cap of ₹18,542 Cr and Jindal Saw has a market cap of ₹16,720 Cr as of 13 Nov 2026.
Which has a lower P/E, Elgi Equipments or Jindal Saw?
Jindal Saw has the lower P/E: Elgi Equipments trades at 40.8 and Jindal Saw at 30.5.
Which gave better returns in the last year, Elgi Equipments or Jindal Saw?
Jindal Saw did better: Elgi Equipments returned +21.3% and Jindal Saw returned +53.4% over one year.
What is the difference between Elgi Equipments and Jindal Saw?
Both are NSE-listed companies in Capital Goods. They are about the same size by market cap (₹18,542 Cr vs ₹16,720 Cr). In the latest financial year Elgi Equipments reported revenue of ₹3,951 Cr and Jindal Saw ₹17,895 Cr. Operating margin is 15.3% for Elgi Equipments and 9.5% for Jindal Saw. Debt to equity is 0.15 for Elgi Equipments and 0.33 for Jindal Saw.
Which is better, Elgi Equipments or Jindal Saw?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Elgi Equipments leads on 9 and Jindal Saw on 9. Elgi Equipments is ahead on profitability, growth and financial health. Jindal Saw is ahead on size, valuation and technicals. On StoxGud's rules-based checklist Elgi Equipments scores 9/10 and Jindal Saw scores 7/10. This is information, not advice: consult a SEBI-registered adviser before investing.