StoxJindal Saw vs Usha Martin: share price & financials comparison
NSE: JINDALSAW vs USHAMART · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Jindal Saw vs Usha Martin at a glance
Jindal Saw (JINDALSAW) has a market capitalisation of ₹16,720 Cr, against ₹14,713 Cr for Usha Martin (USHAMART). Over the past year Jindal Saw has returned +53.4%, compared with +1.6% for Usha Martin. On valuation, Usha Martin trades at a lower P/E of 28.0 versus 30.5. Usha Martin earns a higher return on equity (15.2% vs 4.4%). Jindal Saw comes out ahead on size, valuation and technicals. Usha Martin comes out ahead on profitability, growth, financial health and momentum. Across the scored metrics below, Jindal Saw leads on 6 and Usha Martin on 12. On StoxGud's 10-point checklist, Jindal Saw scores 7/10 and Usha Martin scores 9/10.
| Metric | Jindal Saw | Usha Martin |
|---|---|---|
| Size | ||
| Market cap | ₹16,720 Cr | ₹14,713 Cr |
| Revenue (latest FY) | ₹17,895 Cr | ₹3,691 Cr |
| Net profit (latest FY) | ₹973 Cr | ₹466 Cr |
| Valuation | ||
| P/E | 30.5 | 28.0 |
| P/B | 1.33 | 4.24 |
| Dividend yield | 0.76% | 0.62% |
| Profitability | ||
| Return on equity | 4.4% | 15.2% |
| Net profit margin | 3.0% | 13.4% |
| Operating margin | 9.5% | 20.3% |
| Growth | ||
| Revenue growth (YoY) | +5.6% | +10.2% |
| Net profit growth (YoY) | -69.0% | +17.6% |
| Revenue CAGR (multi-year) | +178.6% | +12.0% |
| Financial health | ||
| Debt to equity | 0.33 | 0.05 |
| Momentum | ||
| 1-month return | -7.6% | -1.0% |
| 1-year return | +53.4% | +1.6% |
| 3-year CAGR | +2.0% | +14.2% |
| 5-year CAGR | +37.6% | +40.1% |
| 10-year CAGR | +25.4% | +42.5% |
| Distance from 52W high | -17.7% | -10.0% |
| Technicals | ||
| RSI (14) | 67 | 58 |
| Price vs 200-day avg | +8.4% | +2.9% |
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 | Jindal Saw | Usha Martin |
|---|---|---|
| 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 | 7/10 | 9/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Jindal Saw or Usha Martin?
Jindal Saw has a market cap of ₹16,720 Cr and Usha Martin has a market cap of ₹14,713 Cr as of 13 Nov 2026.
Which has a lower P/E, Jindal Saw or Usha Martin?
Usha Martin has the lower P/E: Jindal Saw trades at 30.5 and Usha Martin at 28.0.
Which gave better returns in the last year, Jindal Saw or Usha Martin?
Jindal Saw did better: Jindal Saw returned +53.4% and Usha Martin returned +1.6% over one year.
What is the difference between Jindal Saw and Usha Martin?
Both are NSE-listed companies in Capital Goods. They are about the same size by market cap (₹16,720 Cr vs ₹14,713 Cr). In the latest financial year Jindal Saw reported revenue of ₹17,895 Cr and Usha Martin ₹3,691 Cr. Operating margin is 9.5% for Jindal Saw and 20.3% for Usha Martin. Debt to equity is 0.33 for Jindal Saw and 0.05 for Usha Martin.
Which is better, Jindal Saw or Usha Martin?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Jindal Saw leads on 6 and Usha Martin on 12. Jindal Saw is ahead on size, valuation and technicals. Usha Martin is ahead on profitability, growth, financial health and momentum. On StoxGud's rules-based checklist Jindal Saw scores 7/10 and Usha Martin scores 9/10. This is information, not advice: consult a SEBI-registered adviser before investing.