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JSW Steel Ltd

₹ 1,1510.61%
04 Dec – close price
🔗jsw.in•BSE: 500228•NSE: JSWSTEEL
Market Cap₹ 2,80,418 Cr.
Current Price₹ 1,151
High / Low₹ 1,224
Stock P/E36.9
Book Value₹ 341
Dividend Yield0.24 %
ROCE10.2 %
ROE8.89 %
Face Value₹ 1.00
Sales₹ 1,28,742 Cr.
OPM15.5 %
Mar Cap₹ 2,80,418 Cr.

ABOUT

JSW Steel is primarily engaged in the business of manufacture and sale of Iron and Steel Products.[1]It is the flagship business of the diversified, US$ 23 billion JSW Group.The Group has interests in energy, infrastructure, cement, paints, sports, and venture capital.[2]

KEY POINTS

ParentageThe company is the flagship entity of the JSW Group, a diversified conglomerate valued at USD 24 Bn. JSW Group operates across various sectors, including energy, infrastructure, cement, paints, real estate, digital platforms, mobility, defense, sports, and venture capital.[1]

Also present in buckets:
Aggressive Growth TriggersAsset Base ExpansionJv Partnerships Acquisitions

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.JSW Steel1150.6036.92280417.630.241493.00-4.6332859.006.7610.17128742.0015.507595.121493.003.373.650.84
2.Tata Steel166.7728.32208212.732.163183.09310.3858689.298.888.83221733.8212.987351.873394.272.191.221.01
3.Jindal Steel1005.8028.49102504.800.20635.08-25.8611685.884.2110.6748914.1619.493597.33638.232.074.330.39
4.Jindal Stain.747.8522.3561666.580.40807.9229.8710892.7811.4118.1641205.5411.882759.27793.923.417.500.38
5.S A I L132.1419.5954527.031.21418.72-29.0426704.178.226.76106431.9810.162783.77636.640.941.900.58
6.Sarda Energy480.7515.9416953.020.31327.7765.391527.7831.8615.275718.8730.921063.40323.182.428.510.38
7.NMDC Steel41.44–12132.750.00-114.7880.723389.90122.68-12.9711712.91-2.83-1320.39-114.780.93-8.210.41
–Median: 12 Co.132.6422.3514542.890.28194.6712.622458.847.4910.048749.6711.02695.47192.382.043.470.4

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
32,49430,93537,15332,79133,73833,31035,34132,65430,77831,79932,47131,61332,859
Expenses
30,75226,90530,90627,93026,84027,53130,89928,37926,13727,40227,40326,02827,952
Operating Profit
1,7424,0306,2474,8616,8985,7794,4424,2754,6414,3975,0685,5854,907
Other Income
42231555243863038621139697349-281497445
Profit before tax
-1361,7383,9382,5774,6383,2631,6241,6211,5821,6381,7022,9252,016
Tax %
-33%29%28%34%37%26%38%26%18%21%-20%26%26%
Net Profit
-911,2342,8381,7052,9132,4161,0071,2051,2991,2862,0472,1781,493
EPS in Rs
-0.385.1111.747.0511.919.884.124.935.315.268.378.916.11

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
45,29846,08736,70752,29066,46477,18764,26270,727118,820131,687135,180127,702128,742
Expenses
36,51137,21630,33840,61252,56958,66851,71651,43886,891116,255113,119109,183108,785
Operating Profit
8,7878,8726,36911,67813,89518,51912,54619,28931,92915,43222,06118,51919,957
Other Income
-1,36670-5,542121-175398-7102531,1461,5111,5844231,010
Interest
2,7402,9093,2193,6433,5913,7894,0223,5653,8495,0236,1086,4866,605
Depreciation
2,7262,7842,8473,0253,0543,4213,5223,7814,5114,9525,4355,9136,081
Profit before tax
1,9553,249-5,2395,1317,07511,7074,29212,19624,7156,96812,1026,5438,281
Net Profit
1,3352,166-3,5303,5774,6258,1215,2918,39316,7024,9378,0415,8377,004
EPS in Rs
5.528.96-14.6014.8019.1333.6021.8934.7269.1020.4232.8823.8728.65
Dividend Payout %
25%15%-6%19%21%15%11%23%31%21%28%15%–

Compounded Sales Growth

10 Years:11%
5 Years:15%
3 Years:2%
TTM:-3%

Compounded Profit Growth

10 Years:12%
5 Years:2%
3 Years:-26%
TTM:20%

Stock Price CAGR

10 Years:28%
5 Years:25%
3 Years:15%
1 Year:16%

Return on Equity

10 Years:16%
5 Years:15%
3 Years:10%
Last Year:9%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
303303301301302301301302301301305305305
Reserves
23,21724,65720,10923,79727,60534,59238,06146,67563,20063,35874,97879,53483,131
Borrowings
27,94928,89935,65838,27336,18143,70654,71051,14653,18657,20361,18068,37070,137
Other Liabilities
16,95721,03417,44018,58821,46328,82628,97035,10946,18351,97948,97544,05248,717
Total Liabilities
68,42674,89273,50880,95985,551107,425122,042133,232162,870172,841185,438192,261202,290
Fixed Assets
37,29538,56946,56050,26649,56851,77250,54251,94271,64675,05679,58678,50978,506
Gross Block
49,70353,82549,38856,03958,34763,79164,17568,37191,76299,453108,780111,804–
Accumulated Depreciation
12,40815,2552,8285,7738,77912,01913,63316,42920,11624,39729,19433,295–
CWIP
6,8577,7906,4393,0273,39210,44324,14129,04212,59910,50610,85610,91511,623
Investments
4,3814,1974,7645,0504,8785,3975,99912,45818,02824,32030,14139,33940,237
Other Assets
19,89324,33615,74422,61627,71339,81341,36039,79060,59762,95964,85563,49871,924
Total Assets
68,42674,89273,50880,95985,551107,425122,042133,232162,870172,841185,438192,261202,290

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
5,2748,4665,6708,56112,17415,57814,11017,73323,33520,4445,44916,891
Cash from Investing Activity
-4,687-6,275-5,033-6,284-6,134-11,432-19,092-2,609-17,652-7,361-8,687-9,979
Cash from Financing Activity
-366-1,805-982-2,030-6,3017253,054-7,441-9,134-7,085-5,477-2,270
Net Cash Flow
220386-345247-2614,871-1,9287,683-3,4515,998-8,7154,642

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
181625282632181719171816
Inventory Days
841201231219810010513915894120107
Days Payable
135175201152136121146158183148140127
Cash Conversion Cycle
-34-39-53-3-1211-23-2-6-37-3-4
Working Capital Days
-50-25-89-67-36-64-100-98-44-52-39-38
ROCE %
14%12%7%15%17%22%11%17%27%10%14%10%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
45.20%45.41%45.41%44.79%44.81%44.81%44.81%44.84%44.85%44.84%45.31%45.31%
FIIs
26.04%26.01%25.98%26.13%26.33%26.06%25.52%25.66%25.59%25.78%25.42%25.56%
DIIs
9.34%9.47%9.59%9.50%9.48%9.81%10.52%10.53%10.59%10.52%10.93%10.87%
Public
18.35%18.07%17.99%18.64%18.47%18.44%18.30%18.22%18.24%18.16%17.59%17.62%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

JSW Steel Acquires Saffron Resources; Expands Coal Assets (BSE)

3rd December 2025, 10:17 PM

JSW Steel & JFE Form 50:50 Joint Venture for BPSL's Steel Business

3rd December 2025, 9:25 PM

JSW Steel Announces Strategic JV with JFE Steel, to Sell BPSL Steel Business (Press Release)

3rd December 2025, 2:35 PM

JSW Steel Limited Announces Merger of Piombino Steel Limited for Strategic Synergies

3rd December 2025, 2:27 PM

JSW Steel Partners with JFE for BPSL Steel Business JV; Board Approves Slump Sale

3rd December 2025, 2:24 PM

Published by Other Websites

External media mentions & references

BPSL restructuring to unlock margin gains for JSW Steel: Analysts 

4th December 2025, 7:46 PM

JSW Steel-JFE JV to unlock value at BPSL and strengthen balance sheet

4th December 2025, 2:43 PM

Stocks making the biggest moves midday: IndiGo, JSW Steel, Hindustan Copper, Adani Enterprises and more

4th December 2025, 8:40 AM

JSW Steel’s debt will fall sharply after JFE joint venture, says ICICI Securities

4th December 2025, 7:09 AM

Is JSW Steel a Buy post JV with JFE? 3 reasons why Motilal Oswal predicts 18% upside after BPSL restructuring

4th December 2025, 6:59 AM

News Articles

Editorial & research coverage

JSW Steel’s debt will fall sharply after JFE joint venture, says ICICI Securities
JSW Steel’s debt will fall sharply after JFE joint venture, says ICICI Securities

4th December 2025, 7:09 AM

JSW Steel JV with JFE to unlock value, help deleveraging, say analysts
JSW Steel JV with JFE to unlock value, help deleveraging, say analysts

4th December 2025, 3:39 AM

Stocks to Watch today: RIL, IEX, Cipla, JSW Steel, IndiGo, RailTel Corp
Stocks to Watch today: RIL, IEX, Cipla, JSW Steel, IndiGo, RailTel Corp

4th December 2025, 1:56 AM

Top Stories | Rupee slide continues, JSW Steel’s mega JV, IndiGo disruptions, Maruti’s EV push & more
Top Stories | Rupee slide continues, JSW Steel’s mega JV, IndiGo disruptions, Maruti’s EV push & more

3rd December 2025, 4:46 PM

Nifty holds above 20-DMA despite broad selloff; PSU banks sink
Nifty holds above 20-DMA despite broad selloff; PSU banks sink

3rd December 2025, 10:53 AM

Documents

Announcements

Update On Acquisition Of 100% Equity Interest In Saffron Resources Private Limited By The Company

21h - JSW Steel completed acquisition of 100% of Saffron Resources on December 3, 2025; now wholly-owned subsidiary.

Update On 50:50 Joint Venture Between JSW Steel Limited And JFE Steel Corporation, Japan For Bhushan Power And Steel Limited Steel Business

22h - JSW and JFE form 50:50 JV for BPSL steel business; slump-sale to JSW Sambalpur; approvals pending.

Announcement under Regulation 30 (LODR)-Press Release / Media Release

1d - JSW and JFE form 50:50 JV; BPSL steel slump sale for INR24,483cr; JV equity INR31,500cr; JFE invests INR15,750cr.

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

1d - Board approved merger of Piombino Steel into JSW Steel; appointed date Jan 1, 2026; 10:156 share swap.

Announcement under Regulation 30 (LODR)-Joint Venture

1d - JSW Steel and JFE form 50:50 JV; slump sale Rs24,483cr; JFE to invest Rs15,750cr.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

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Financial Year 2021

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Financial Year 2020

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Financial Year 2019

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Financial Year 2018

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Financial Year 2017

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Financial Year 2016

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Financial Year 2015

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Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2012

(from nse)

Credit Ratings

Rating update

12 Nov from fitch

Rating update

3 Oct from icra

Rating update

8 Jul from care

Rating update

4 Jul from icra

Rating update

13 May from care

Rating update

13 May from icra

Concalls

Oct 2025

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