JSW Cement Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 20.2x vs industry 38.4x)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ULTRACEMCO UltraTech Cement Limited | ₹11,104 | ₹3.3L Cr | 36.6 | 4.45 | 11.1 | 12.7 | 0.4 |
| GRASIM Grasim Industries Limited | ₹2,900 | ₹2.0L Cr | 34.3 | 1.91 | 4.98 | 8.01 | 2.06 |
| AMBUJACEM Ambuja Cements Limited | ₹351 | ₹89K Cr | 18.9 | 1.46 | 8.85 | 5.61 | 0.02 |
| SHREECEM SHREE CEMENT LIMITED | ₹23,020 | ₹82K Cr | 51.8 | 3.48 | 7.51 | 10.3 | 0.09 |
| JKCEMENT JK Cement Limited | ₹— | ₹38K Cr | 37.9 | — | 15.6 | 15.1 | 1.02 |
| DALBHARAT Dalmia Bharat Limited | ₹— | ₹30K Cr | 27.2 | — | 6.11 | 7.59 | 0.4 |
| ACC ACC Limited | ₹— | ₹22K Cr | 11.5 | 1.25 | 10.9 | 11.2 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
JSWCEMENT · as of Sep 2026
| Category | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|
| Promoters | 72.34% | 72.34% | 72.04% | 72.02% | 72.02% |
| FII | 4.13% | 3.03% | 2.93% | 3.70% | 4.59% |
| DII | 7.87% | 8.09% | 8.74% | 11.49% | 12.27% |
| Public | 13.52% | 14.73% | 14.67% | 11.83% | 10.32% |
| Others | 2.13% | 1.82% | 1.62% | 0.95% | 0.78% |
Corporate Events
Pursuant to Regulation 29 of Listing Regulations and other applicable provisions, if any, we wish to inform you that Meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, 27th October, 2026, to inter-alia, consider and appro
To consider and approve Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter ended 30th June, 2026
To consider and approve the financial results for the period ended Jun 30, 2026 and Fund Raising
Dividend - Re 0.50 Per Share
Intimation of the Board of Directors , to inter-alia, consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Year ended 31st March, 2026 and to recommend dividend for the Year ended 31st March, 20
JSW Cement Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/05/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 of Listing Regulations and other applicable provisions, if any, we wish to
Latest News
All newsJSW Cement to hold analyst and investor meet.
*JSW Cement to hold analyst and investor meet.* The company has scheduled a conference call for institutional investors and analysts to discuss business updates. Specific financial or operational details were not disclosed. The event is part of routine corporate communication. 📊 *STOCKS:* $JSWCEMENT | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
JSW Cement merges Shiva Cement to consolidate operations
*JSW Cement merges Shiva Cement to consolidate operations.* The merger strengthens JSW Cement’s presence in central and eastern India. This strategic move aims to streamline operations and reduce costs. The integration is expected to enhance scale and operational efficiency. 📊 *STOCKS:* $JSWCEMENT | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Merger
Coal India explores urea project; JSW Cement approves merger
*Coal India explores urea project; JSW Cement approves merger* — Coal India is considering a new venture into urea production, marking a strategic diversification. JSW Cement approved the merger with Shiva Cement, enhancing its market footprint. The move could boost capacity and competitiveness in the sector. 📊 *STOCKS:* COALINDIA, JSWCEMENT | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #UreaProject #Merger
JSW Cement approves merger with Shiva Cement
*JSW Cement approves merger with Shiva Cement.* The move aims to consolidate operations and enhance market share in the regional cement market. The merger is expected to unlock synergies in production and distribution. Further details on equity swap or timelines were not disclosed. 📊 *STOCKS:* JSWCEMENT, SHIVACEMENT | 🏢 *SECTOR:* Realty | #MEDIUMIMPACT #Merger
JSW Cement issues general corporate updates via NSE filing
*JSW Cement issues general corporate updates via NSE filing.* The company disclosed routine corporate information with no major financial or operational announcements. Details remain unspecified in the brief filing. **No significant impact expected on trading or sentiment.** 📊 *STOCKS:* $JSWCEMENT | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #corporate
JSW Cement announces 20th Annual General Meeting details
*JSW Cement announces 20th Annual General Meeting details* as per a regulatory filing. The notice was published in Financial Express and Navshakti on July 10, 2026. Such announcements are routine and do not indicate operational changes. Shareholders are informed of the upcoming meeting for statutory compliance. 📊 *STOCKS:* JSWCEMENT | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #AGM
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.9K Cr 16.9% | ₹1.6K Cr 12.9% | ₹1.4K Cr 7.9% | ₹1.6K Cr 8.7% | ₹1.7K Cr 19.3% | ₹1.4K Cr 17.1% | ₹1.2K Cr 15.4% | ₹1.4K Cr |
| Op. Profit | ₹365 Cr 28.1% | ₹285 Cr 6.3% | ₹268 Cr 17.0% | ₹323 Cr 34.6% | ₹240 Cr 106.9% | ₹116 Cr 38.1% | ₹84 Cr 50.0% | ₹168 Cr |
| OPM | 19.0% 5.6% | 18.0% 5.3% | 19.0% 9.5% | 21.0% 50.0% | 14.0% 75.0% | 8.0% 14.3% | 7.0% 41.7% | 12.0% |
| Net Profit | ₹362 Cr 176.3% | ₹131 Cr 74.7% | ₹75 Cr 105.5% | ₹-1.4K Cr 8637.5% | ₹16 Cr 120.0% | ₹-80 Cr 5.3% | ₹-76 Cr 216.7% | ₹-24 Cr |
| EPS (₹) | 2.72 161.5% | 1.04 65.1% | 0.63 104.7% | -13.31 4014.7% | 0.34 150.0% | -0.68 7.9% | -0.63 320.0% | -0.15 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | ₹6.5K Cr 12.4% | ₹5.8K Cr 3.6% | ₹6.0K Cr 3.3% | ₹5.8K Cr 25.4% | ₹4.6K Cr 20.3% | ₹3.9K Cr 33.0% | ₹2.9K Cr |
| Expenses | ₹5.3K Cr 1.7% | ₹5.2K Cr 0.4% | ₹5.1K Cr 0.0% | ₹5.1K Cr 32.7% | ₹3.9K Cr 28.2% | ₹3.0K Cr 31.8% | ₹2.3K Cr |
| Op. Profit | ₹1.2K Cr 101.3% | ₹617 Cr 27.7% | ₹853 Cr 28.7% | ₹663 Cr 12.3% | ₹756 Cr 8.8% | ₹829 Cr 37.5% | ₹603 Cr |
| OPM | 19.0% 72.7% | 11.0% 21.4% | 14.0% 27.3% | 11.0% 31.3% | 16.0% 27.3% | 22.0% 4.8% | 21.0% |
| Other Income | ₹-1.3K Cr 1423.0% | ₹100 Cr 17.6% | ₹85 Cr 41.4% | ₹145 Cr 25.6% | ₹195 Cr 875.0% | ₹20 Cr 48.7% | ₹39 Cr |
| Interest | ₹378 Cr 16.0% | ₹450 Cr 3.4% | ₹435 Cr 40.3% | ₹310 Cr 1.6% | ₹315 Cr 8.2% | ₹291 Cr 8.6% | ₹268 Cr |
| Depreciation | ₹322 Cr 3.9% | ₹310 Cr 11.5% | ₹278 Cr 25.5% | ₹373 Cr 56.7% | ₹238 Cr 33.0% | ₹179 Cr 23.4% | ₹145 Cr |
| PBT | ₹-781 Cr 1675.0% | ₹-44 Cr 119.6% | ₹224 Cr 79.2% | ₹125 Cr 68.6% | ₹398 Cr 5.0% | ₹379 Cr 64.8% | ₹230 Cr |
| Tax % | 2.0% 99.3% | 275.0% 281.9% | 72.0% 323.5% | 17.0% 58.5% | 41.0% 20.6% | 34.0% 3.0% | 33.0% |
| Net Profit | ₹-799 Cr 387.2% | ₹-164 Cr 364.5% | ₹62 Cr 40.4% | ₹104 Cr 55.4% | ₹233 Cr 6.8% | ₹250 Cr 62.3% | ₹154 Cr |
| EPS (₹) | -5.55 395.5% | -1.12 223.1% | 0.91 34.5% | 1.39 44.0% | 2.48 2.0% | 2.53 62.2% | 1.56 |
| Div Payout | -89.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||
| Equity Capital | ₹1.3K Cr 0.5% | ₹1.3K Cr 35.3% | ₹986 Cr 0.0% | ₹986 Cr 0.0% | ₹986 Cr 0.0% | ₹986 Cr 0.0% | ₹986 Cr 0.0% | ₹986 Cr |
| Reserves | ₹5.2K Cr 10.4% | ₹4.7K Cr 245.4% | ₹1.4K Cr 7.6% | ₹1.5K Cr 13.2% | ₹1.3K Cr 14.2% | ₹1.1K Cr 36.4% | ₹839 Cr 55.4% | ₹540 Cr |
| Borrowings | ₹4.5K Cr 2.1% | ₹4.6K Cr 30.5% | ₹6.6K Cr 4.9% | ₹6.3K Cr 10.9% | ₹5.6K Cr 22.0% | ₹4.6K Cr 44.9% | ₹3.2K Cr 7.4% | ₹3.0K Cr |
| Other Liabilities | ₹3.4K Cr 3.5% | ₹3.5K Cr 17.7% | ₹3.0K Cr 18.7% | ₹2.5K Cr 13.4% | ₹2.2K Cr 10.7% | ₹2.5K Cr 30.2% | ₹1.9K Cr 13.1% | ₹1.7K Cr |
| Total Liabilities | ₹14.4K Cr 2.0% | ₹14.1K Cr 18.7% | ₹11.9K Cr 5.9% | ₹11.2K Cr 10.7% | ₹10.1K Cr 9.9% | ₹9.2K Cr 33.5% | ₹6.9K Cr 12.0% | ₹6.2K Cr |
Assets | ||||||||
| Fixed Assets | ₹8.5K Cr 24.3% | ₹6.8K Cr 0.5% | ₹6.8K Cr 9.6% | ₹6.2K Cr 33.2% | ₹4.6K Cr 1.6% | ₹4.6K Cr 8.3% | ₹4.2K Cr 28.3% | ₹3.3K Cr |
| CWIP | ₹976 Cr 44.9% | ₹1.8K Cr 70.7% | ₹1.0K Cr 34.8% | ₹770 Cr 51.6% | ₹1.6K Cr 81.6% | ₹876 Cr 198.0% | ₹294 Cr 68.0% | ₹920 Cr |
| Investments | ₹290 Cr 18.8% | ₹357 Cr 3.5% | ₹345 Cr 54.5% | ₹759 Cr 6.3% | ₹714 Cr 47.5% | ₹484 Cr 36.7% | ₹354 Cr 10.6% | ₹320 Cr |
| Other Assets | ₹4.6K Cr 10.0% | ₹5.2K Cr 38.8% | ₹3.7K Cr 6.2% | ₹3.5K Cr 9.8% | ₹3.2K Cr 3.1% | ₹3.3K Cr 61.5% | ₹2.0K Cr 24.4% | ₹1.6K Cr |
| Total Assets | ₹14.4K Cr 2.0% | ₹14.1K Cr 18.7% | ₹11.9K Cr 5.9% | ₹11.2K Cr 10.7% | ₹10.1K Cr 9.9% | ₹9.2K Cr 33.5% | ₹6.9K Cr 12.0% | ₹6.2K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.2K Cr 58.8% | ₹737 Cr 47.7% | ₹1.4K Cr 115.6% | ₹653 Cr 92.6% | ₹339 Cr 56.7% | ₹783 Cr 8.3% | ₹723 Cr |
| Investing CF | ₹-1.6K Cr 195.5% | ₹-558 Cr 50.2% | ₹-1.1K Cr 38.1% | ₹-1.8K Cr 18.2% | ₹-1.5K Cr 123.0% | ₹-686 Cr 10.3% | ₹-765 Cr |
| Financing CF | ₹861 Cr 471.1% | ₹-232 Cr 5.0% | ₹-221 Cr 121.2% | ₹1.0K Cr 17.4% | ₹1.3K Cr 1426.3% | ₹-95 Cr 179.8% | ₹119 Cr |
| Net Cash Flow | ₹382 Cr 820.8% | ₹-53 Cr 179.1% | ₹67 Cr 158.8% | ₹-114 Cr 265.2% | ₹69 Cr 6800.0% | ₹1 Cr 98.7% | ₹77 Cr |
| Free Cash Flow | ₹-791 Cr 93.4% | ₹-409 Cr 185.9% | ₹476 Cr 148.6% | ₹-979 Cr 36.9% | ₹-715 Cr 520.6% | ₹170 Cr 0.6% | ₹169 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 48d 2.0% | 49d 2.1% | 48d 6.7% | 45d 25.0% | 60d 1.7% | 59d 11.3% | 53d |
| Inventory Days | 132d 25.7% | 105d 20.5% | 132d 26.9% | 104d 27.3% | 143d 11.7% | 128d 51.0% | 261d |
| Days Payable | 317d 3.9% | 305d 10.0% | 339d 34.0% | 253d 24.7% | 336d 0.6% | 334d 25.4% | 448d |
| Cash Conv. Cycle | -136d 9.3% | -150d 5.7% | -159d 54.4% | -103d 22.6% | -133d 9.5% | -147d 9.7% | -134d |
| Working Capital Days | -90d 5.3% | -95d 18.1% | -116d 300.0% | -29d 20.8% | -24d 77.4% | -106d 7.8% | -115d |
| ROCE | 11.0% 120.0% | 5.0% 37.5% | 8.0% 33.3% | 6.0% 50.0% | 12.0% 20.0% | 15.0% | — |
Source: Screener.in · Lower days = better efficiency
About JSW Cement Limited
JSW Cement is a leading Indian manufacturer of green cement, known for its sustainability and use in major infrastructure projects
Construction MaterialsCement & Cement Products