Jindal Worldwide Ltd (JWL), established in 1986 and headquartered in Ahmedabad, Gujarat, is a prominent player in the textile industry, renowned for its extensive range of high-quality fabrics. As one of Asia’s largest fully integrated manufacturers of denim fabric, JWL boasts a significant production capacity of approximately 140 million meters. In addition to denim, the company specializes in bottom weights, premium printed shirting, and yarn dyeing, serving both local and international markets. JWL’s commitment to innovation is evident through its substantial investment in research and development, which enables it to stay ahead of market trends and technological advancements.
Beyond textiles, Jindal Worldwide Ltd has diversified into the electric vehicle sector through its subsidiary, Earth Energy. The company places a strong emphasis on sustainability and environmental compliance, ensuring that its manufacturing processes use no harmful dyes or chemicals and adhere to stringent factory laws. With state-of-the-art infrastructure for all stages of fabric production and a global customer base, JWL continues to strengthen its position in the textile industry while exploring new growth avenues in emerging sectors.
Shareholding Patterns of Jindal Worldwide Ltd
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 61.32% | 61.31% | 61.31% | 60.31% | 60.31% |
| FIIs + | 0.03% | 0.63% | 0.46% | 0.03% | 0.04% |
| DIIs + | 0.02% | 0.02% | 0.01% | 0.02% | 0.02% |
| Public + | 38.64% | 38.03% | 38.21% | 39.64% | 39.62% |
| No. of Shareholders | 11,635 | 12,731 | 14,260 | 13,624 | 13,337 |
The shareholding patterns of Jindal Worldwide Ltd from June 2023 to June 2024 reveal notable stability in its ownership structure. As of June 2023, promoters held 61.32% of the company’s shares, a figure that slightly decreased to 60.31% by June 2024. Foreign Institutional Investors (FIIs) increased their stake from 0.03% in June 2023 to 0.04% in June 2024, though this is still relatively minimal. Domestic Institutional Investors (DIIs) maintained a minor presence throughout the period, with their holding consistently around 0.02%. The public’s share increased from 38.64% in June 2023 to 39.62% in June 2024, indicating a slight rise in public interest. The number of shareholders grew significantly from 11,635 in June 2023 to 13,337 in June 2024, reflecting a broader base of individual investors over time. Overall, the company has seen modest shifts in shareholding distribution, with a stable proportion of promoter ownership and a gradual increase in public participation.
How to Purchase Jindal Worldwide Ltd Shares in India?
Below are the trading platforms that you can use to purchase Jindal Worldwide Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Jindal Worldwide Ltd Share Price Prediction: 2024 - 2030
Jindal Worldwide Ltd Share Price Target 2024
| When | Maximum Price | Minimum Price |
| September 2024 | 374.15 | 325.35 |
| October 2024 | 370.45 | 322.13 |
| November 2024 | 385.27 | 335.02 |
| December 2024 | 389.12 | 338.37 |
In September 2024, the share price of Jindal Worldwide is expected to see a maximum of ₹374.15 and a minimum of ₹325.35. Moving forward, in October 2024, the maximum price could reach ₹370.45, with the minimum touching ₹322.13. By November 2024, Jindal Worldwide’s stock is projected to have a maximum price of ₹385.27 and a minimum price of ₹335.02. As we step into December 2024, the maximum price is likely to reach ₹389.12, while the minimum may settle at ₹338.37.
Jindal Worldwide Ltd Share Price Target 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 393.01 | 302.32 |
| February 2025 | 396.98 | 305.37 |
| March 2025 | 405.32 | 311.78 |
| April 2025 | 401.30 | 308.70 |
| May 2025 | 389.62 | 299.70 |
| June 2025 | 407.15 | 313.19 |
| July 2025 | 399.17 | 307.05 |
| August 2025 | 411.51 | 316.55 |
| September 2025 | 416.45 | 320.35 |
| October 2025 | 427.28 | 328.67 |
| November 2025 | 437.96 | 336.89 |
| December 2025 | 457.67 | 352.05 |
As we step into January 2025, Jindal Worldwide’s price is expected to range between ₹393.01 and ₹302.32. By February, prices could reach a high of ₹396.98 and a low of ₹305.37. Moving into March and April, the maximums are likely to be ₹405.32 and ₹401.30, with lows of ₹311.78 and ₹308.70, respectively. By May and June, the stock could fluctuate between ₹389.62 to ₹299.70 and ₹407.15 to ₹313.19. As we approach July, the range is projected to be ₹399.17 to ₹307.05, continuing to ₹411.51 and ₹316.55 in August. September might see prices between ₹416.45 and ₹320.35, with October and November spanning ₹427.28 to ₹328.67 and ₹437.96 to ₹336.89. Finally, December could bring a peak of ₹457.67 and a low of ₹352.05.
Jindal Worldwide Ltd Share Price Target 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 471.40 | 362.61 |
| February 2026 | 459.61 | 353.55 |
| March 2026 | 468.80 | 360.62 |
| April 2026 | 478.37 | 367.98 |
| May 2026 | 473.64 | 364.33 |
| June 2026 | 485.48 | 373.44 |
| July 2026 | 475.96 | 366.12 |
| August 2026 | 490.68 | 377.44 |
| September 2026 | 500.49 | 384.99 |
| October 2026 | 513.50 | 395.00 |
| November 2026 | 526.34 | 404.88 |
| December 2026 | 539.50 | 415.00 |
Jindal Worldwide Ltd Share Price Target 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 544.89 | 419.15 |
| February 2027 | 558.87 | 429.90 |
| March 2027 | 580.66 | 446.66 |
| April 2027 | 569.28 | 437.91 |
| May 2027 | 552.70 | 425.15 |
| June 2027 | 577.57 | 444.28 |
| July 2027 | 566.24 | 435.57 |
| August 2027 | 583.75 | 449.04 |
| September 2027 | 604.19 | 464.76 |
| October 2027 | 619.90 | 476.84 |
| November 2027 | 635.39 | 488.76 |
| December 2027 | 651.28 | 500.98 |
Jindal Worldwide Ltd Share Price Target 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 664.30 | 511.00 |
| February 2028 | 681.34 | 524.10 |
| March 2028 | 707.91 | 544.54 |
| April 2028 | 694.03 | 533.87 |
| May 2028 | 673.81 | 518.32 |
| June 2028 | 704.14 | 541.64 |
| July 2028 | 690.33 | 531.02 |
| August 2028 | 711.68 | 547.45 |
| September 2028 | 736.59 | 566.61 |
| October 2028 | 755.74 | 581.34 |
| November 2028 | 774.63 | 595.87 |
| December 2028 | 794.00 | 610.77 |
Jindal Worldwide Ltd Share Price Target 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 809.88 | 622.98 |
| February 2029 | 830.64 | 638.96 |
| March 2029 | 863.04 | 663.88 |
| April 2029 | 846.12 | 650.86 |
| May 2029 | 821.47 | 631.90 |
| June 2029 | 858.44 | 660.34 |
| July 2029 | 841.61 | 647.39 |
| August 2029 | 867.64 | 667.41 |
| September 2029 | 898.00 | 690.77 |
| October 2029 | 921.35 | 708.73 |
| November 2029 | 944.39 | 726.45 |
| December 2029 | 967.99 | 744.61 |
Jindal Worldwide Ltd Share Price Target 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 987.35 | 759.50 |
| February 2030 | 1,012.67 | 778.98 |
| March 2030 | 1,052.17 | 809.36 |
| April 2030 | 1,031.54 | 793.49 |
| May 2030 | 1,001.49 | 770.38 |
| June 2030 | 1,046.56 | 805.04 |
| July 2030 | 1,026.04 | 789.26 |
| August 2030 | 1,057.77 | 813.67 |
| September 2030 | 1,094.79 | 842.15 |
| October 2030 | 1,123.26 | 864.04 |
| November 2030 | 1,151.34 | 885.64 |
| December 2030 | 1,180.12 | 907.79 |
As we step into January 2030, Jindal Worldwide is anticipated to see prices between ₹987.35 and ₹759.50. By December, the price is expected to peak at ₹1,180.12 with a low of ₹907.79.
Financial Condition of Jindal Worldwide: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 2,199 | 1,700 | 2,559 | 2,070 | 1,814 | 1,896 |
| Expenses + | 2,060 | 1,583 | 2,343 | 1,832 | 1,631 | 1,708 |
| Operating Profit | 139 | 116 | 216 | 238 | 183 | 188 |
| OPM % | 6% | 7% | 8% | 12% | 10% | 10% |
| Other Income + | 7 | 25 | 5 | 1 | 2 | 3 |
| Interest | 61 | 49 | 45 | 52 | 49 | 49 |
| Depreciation | 45 | 29 | 30 | 34 | 34 | 34 |
| Profit before tax | 39 | 62 | 146 | 154 | 102 | 108 |
| Tax % | 28% | 29% | 25% | 25% | 26% | |
| Net Profit + | 28 | 44 | 109 | 116 | 76 | 80 |
| EPS in Rs | 1.42 | 2.2 | 5.45 | 5.77 | 3.77 | 3.99 |
| Dividend Payout % | 4% | 7% | 2% | 3% | 5% |
Jindal Worldwide has exhibited a mixed financial performance over the past few years, reflecting both challenges and resilience in its operations. From March 2020 to the trailing twelve months (TTM), the company saw fluctuations in sales, peaking at ₹2,559 crore in March 2022 before declining to ₹1,814 crore in March 2024, with a slight recovery to ₹1,896 crore in the TTM. Despite these variations, Jindal Worldwide managed to maintain profitability through effective cost management, reflected in its operating profit margin, which improved from 6% in March 2020 to 12% in March 2023, although it settled at 10% in the TTM. Profit before tax and net profit followed a similar trend, rising steadily until 2023 and then experiencing a dip. Earnings per share (EPS) grew to ₹5.77 in March 2023 before decreasing, while the dividend payout remained conservative, increasing to 5% by March 2024. Despite challenges, Jindal Worldwide has shown adaptability and resilience in navigating market fluctuations.
FAQs
What is the current market capitalization of Jindal Worldwide?
Jindal Worldwide current market capitalization is ₹7,246 crore, reflecting its valuation in the market.
What are the projected share price targets for Jindal Worldwide in 2024?
Jindal Worldwide share price is expected to range between ₹322.13 to ₹389.12 2024, indicating potential growth.
What is the forecasted share price range for Jindal Worldwide in 2025?
Jindal Worldwide share price target for 2025 ranges from ₹352.05 to ₹457.67 by December, suggesting an upward trend.
What is the anticipated share price target for Jindal Worldwide in 2030?
Looking ahead to 2030, Jindal Worldwide share price is projected to reach between ₹759.50 to ₹1,180.12.
Also Read
- Tata Technologies Share Price Target 2024, 2025, 2026 to 2030
- NHPC Ltd Share Price Target 2024, 2025 to 2030
- Paras Defence & Space Technologies Limited Share Price Target 2024, 2025 to 2030
Conclusion: Navigating Financial Challenges and Strategic Evolution
In conclusion, Jindal Worldwide Ltd has demonstrated a strong financial track record with consistent profitability and improving operational efficiency. The company has managed to adapt and thrive despite market challenges, as evidenced by its enhanced operating profit margins and steady net profit. Looking forward, Jindal Worldwide’s financial outlook is promising, with projected share prices indicating significant growth potential. In 2024, the stock is expected to range from ₹322.13 to ₹389.12, while in 2025, it could climb to between ₹352.05 and ₹457.67. By 2030, the share price is anticipated to reach between ₹759.50 and ₹1,180.12, underscoring the company’s solid market position and future growth opportunities.
Leave a Reply