Jindal Saw Ltd. — Call Transcript 2023

Aug 7, 2023

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August 7, 2023

BSE Limited National Stock Exchange of India Limited, Corporate Relation Department Listing Department, 1st Floor, New Trading Ring Exchange Plaza, Rotunga Building Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Bandra (East) Mumbai - 400 001 Mumbai – 400 051 Stock code: 500378 Stock code: JINDALSAW

SUB.: INTIMATION UNDER CLAUSE 30 OF SEBI LISTING REGULATIONS, 2015 - CONFERENCE CALL ON QUARTERLY FINANCIAL EARNINGS

Dear Sirs,

This is with reference to the captioned subject, we wish to inform you that the Company will organize a conference call on Monday, August 14, 2023 at 11:00 AM IST for analysts and investors to discuss the Q1 FY24 results. This call will be hosted by Phillip Capital (India) Private Limited.

This is for your information and record please.

Thanking you, Yours faithfully,

For Jindal Saw Limited,

Digitally signed by SUNIL KUMAR JAIN SUNIL DN: c=IN, postalCode=110087, st=DELHI, street=WEST DELHI, l=WEST DELHI, o=Personal, serialNumber=cae3445e545680b5a6a2b3c4870 1defa014a81587d8bcfac5d63574d4c845c00, KUMAR pseudonym=a7d1dc38ba454cf08f3ed12bff9947f4, 2.5.4.20=f3920032fcfecff0d9cf750fe7967b752ec 364a68d4ef72da6ace99afc8dde4c, JAIN email=SUNIL.JAIN@JINDALSAW.COM, cn=SUNIL KUMAR JAIN Date: 2023.08.07 12:25:23 +05'30'

Sunil K. Jain Company Secretary FCS- 3056

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Jindal Saw Limited

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Q1 FY24 Earnings Conference Call on Monday, August 14, 2023 at 11:00 AM IST

New Delhi, August 3, 2023

Jindal Saw Limited, a leading global manufacturer and supplier of Iron & Steel pipe products and accessories with manufacturing facilities in India, USA, Europe and UAE (MENA), will organize a conference call on Monday, August 14, 2023 at 11:00 AM IST for analysts and investors to discuss the Q1 FY24 results. Jindal Saw will be represented by:

Mr. Neeraj Kumar – Group CEO and Whole Time Director Mr. Vinay Gupta – President and Head Treasury

Mr. Narendra Mantri – President, Head Commercial & CFO

The call will open with key comments from the senior management team, followed by an interactive Question & Answer session. This call will be hosted by Phillip Capital (India) Private Limited.

Details of the conference call are as follows:

: Timing 11.00 AM IST on Monday, August 14, 2023 : CLICK HERE Registration Universal Dial-In : +91 22 6280 1143 / 7115 8044 International Toll Free:

Hong Kong : 800964448 : 8001012045 Singapore UK : 08081011573 USA : 18667462133

-ENDS-

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About Jindal Saw Limited:

Jindal Saw (NSE – JINDALSAW, BSE - 500378) has a business model that is well diversified in terms of strategic locations, markets, products, industries, and customers. The business model is designed to create a hedge against simultaneous risks and adverse macros, which allows it to operate and perform in difficult economic and geopolitical circumstances. The Company’s domestic and exports markets are well balanced, and its businesses operate through four strategic business divisions including SAW Pipes, DI Pipes & Fittings, Seamless Pipes & Tubes and Mining & Pellets.

JSAW has geographically diversified operations spread across Kosi Kalan (Uttar Pradesh), Mundra (Gujarat), Nashik (Maharashtra), Indore (Madhya Pradesh) and Bellary, (Karnataka). The Company has further increased its presence in Bhilwara (Rajasthan), where, apart from having low grade iron ore mine, it has also implemented an iron ore beneficiation and a pellet plant.

JSAW has a healthy product portfolio with presence across major segments of the pipe industry viz. LSAW pipes, HSAW pipes, DI pipes, seamless pipes & tubes, anti-corrosion coated pipes, hot-pulled induction bends etc. The Company’s revenue is well balanced among various products with no single product contributing more than 30% to revenue. Most of the products contribute between 10% to ~30% of total revenue, thus providing diversification to cash flows and mitigation against market volatility related to any single product.

JSAW has strong presence in overseas market and most of the exports take place with Latin American countries and MENA region. ~ 50% of the company’ revenues come from the water supply and sanitation (WSS) which is growing rapidly in India and globally. Company’s exposure to Oil & Gas sector accounts for only one third of the total revenue. Due to its diversified portfolio, the Company has been able to protect itself from the downfall of Oil & Gas sector. JSAW has government as well as private sector clients in sectors and has a strong domestic and international presence across brands.

Post successful resolution, M/s Sathavahana Ispat Limited (SIL) has been merged with Jindal Saw Limited. SIL was engaged in the manufacturing & selling of DI Pipes, Metallurgical Coke & Pig Iron and generation & sale of power.

For more information, please visit www.jindalsaw.com OR contact:

For further information, please contact:

or further information, please	contact:
Vinay Gupta / Rajeev Goyal	Siddharth Rangnekar / Nishid Solanki
Jindal Saw Ltd	CDR India
E-mail:vinay.gupta@jindalsaw.com rajeev.goyal@jindalsaw.com	E-mail:siddharth@cdr-india.com nishid@cdr-india.com

Disclaimer: Certain statements that may be made or discussed at the conference call may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Jindal Saw Limited will not be in any way responsible for any action taken based on such statements and discussions and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.