JSW Steel Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 18.5x vs industry 29.4x)
Concerns
Today's Price Action
The stock closed at ₹1241.2, unchanged from the previous session. Trading volume matched the 20‑day average at 1,770,913 shares, indicating a neutral participation level. The lack of price movement suggests market participants await fresh catalysts.
Valuation Snapshot
JSW Steel trades at a trailing twelve‑month P/E of 18.5, while the Metals & Mining sector shows a zero P/E due to a mix of negative earnings. The company’s return on equity stands at 10.2%, reflecting modest profitability. The sector’s historical P/E averages around 15, making the current multiple still relatively high.
Key Levels to Watch
The current price sits roughly 22 % above the 52‑week low of ₹1073 and 8 % below the 52‑week high of ₹1351, defining the bounded range for the next few weeks. Open‑interest data on nearby strike prices suggests resistance near ₹1300 and support around ₹1200, though exact figures are not disclosed. A break above ₹1300 could test the 52‑week high; below ₹1200 revisits the lower band.
Chart Pattern
A Dragonfly Doji appeared on the daily chart seven days ago, signalling an equilibrium between opening, closing and low prices that often precedes a potential shift in short‑term momentum. The Doji formed after a three‑day downtrend, highlighting the pause in price pressure.
Data Summary
Key metrics include a market capitalisation of ₹0 Cr, a price‑to‑book ratio of 0.0 and a stable volume profile. No dividend is reported for the fiscal year, and insider holdings unchanged. The stock’s price action, valuation multiples and recent candlestick formation provide a concise snapshot of its current market standing.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹2,480 | ₹3.4L Cr | 141 | 3.96 | 4.48 | 5.8 | 2.03 |
| HINDZINC Hindustan Zinc Limited | ₹507 | ₹2.1L Cr | 10.1 | 7.15 | 76.6 | 69.5 | 0.22 |
| TATASTEEL Tata Steel Limited | ₹169 | ₹2.1L Cr | 17.7 | 2.07 | 11.7 | 12.5 | 1.01 |
| HINDALCO Hindalco Industries Limited | ₹894 | ₹2.0L Cr | 9.39 | 1.47 | 13 | 13.2 | 0.56 |
| VAML Vedanta Aluminium Metal Limited | ₹— | ₹1.3L Cr | 8.51 | — | — | — | — |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,048 | ₹1.0L Cr | 32.1 | 2.04 | 8.22 | 9.7 | 0.43 |
| LLOYDSME Lloyds Metals And Energy Limited | ₹— | ₹1.0L Cr | 21 | 7.39 | 36.6 | 27.3 | 1.45 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
JSWSTEEL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 44.81% | 44.81% | 44.81% | 44.84% | 44.85% | 44.84% |
| FII | 26.33% | 26.06% | 25.52% | 25.66% | 25.59% | 25.78% |
| DII | 9.48% | 9.81% | 10.52% | 10.53% | 10.59% | 10.52% |
| Public | 18.47% | 18.44% | 18.30% | 18.22% | 18.24% | 18.16% |
| Govt | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% | 0.51% |
| Others | 0.41% | 0.37% | 0.34% | 0.24% | 0.23% | 0.20% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 7.10 Per Share
To consider and approve the financial results for the period ended March 31, 2026, dividend and Fund Raising
To consider and approve the financial results for the period ended March 31, 2026
Dividend - Rs 2.80 Per Share
Annual General Meeting/Dividend - Rs 7.30 Per Share
Annual General Meeting/Dividend - Rs 3.40 Per Share
Latest News
All newsJSW Steel board meets; no major announcements made
*JSW Steel board meets; no major announcements made.* The company held its board meeting on October 23, 2026, as per the NSE filing. No decisions on dividends, acquisitions, or capex were disclosed. The absence of material updates suggests business continuity without immediate catalysts. 📊 *STOCKS:* $JSWSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #JSWSteel
JSW Steel reports Q2FY27 financial results
*JSW Steel reports Q2FY27 financial results*. The company has announced its financial results for the quarter ended September 30, 2026. Key metrics include net profit of **₹2,140 crore** and revenue of **₹28,900 crore**, marking a **12% YoY decline** in profits due to higher input costs. Operating margins contracted to **14.3%** amid softening steel prices. 📊 *STOCKS:* $JSWSTEEL | 🏢 *SECTOR:* Metals | #HIGHIMPACT #Earnings
JSW Steel's credit rating updated
*JSW Steel's credit rating has been reviewed.* The company's credit rating remains stable with no immediate changes in outlook. Rating agencies continue to monitor debt levels and operating performance. 📊 *STOCKS:* $JSWSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
JSW Steel's credit rating under review
*JSW Steel's credit rating is under review.* This follows a recent filing with the NSE. No immediate change in outlook has been specified. The current rating remains stable pending assessment. 📊 *STOCKS:* JSWSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
JSW Steel receives credit rating update
*JSW Steel receives credit rating update* as per a recent NSE filing. The announcement pertains to a routine credit rating assessment with no specific adverse or positive triggers mentioned. Such updates are regular corporate events and typically do not alter short-term trading outlook. Investors may monitor for any downstream implications on debt costs or market sentiment. 📊 *STOCKS:* JSWSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
JSW Steel completes merger of ARCL, MCL, JRDL
*JSW Steel completes merger of ARCL, MCL, JRDL* — JSW Steel announced the receipt of the final NCLT order for the amalgamation of Amalgamated Rural Commercial Limited (ARCL), Maheshwari Commercial Limited (MCL), and JRDBL with itself. The merger is expected to streamline operations and enhance corporate efficiency. No financial terms were disclosed. 📊 *STOCKS:* JSWSTEEL | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #Merger
Infosys, Tata Motors, Torrent Pharma among firms reporting Q2 earnings
*Infosys, Tata Motors, Torrent Pharma among firms reporting Q2 earnings* — Key NSE-listed companies including INFY, TATAMOTORS, and TORNTPHARM announce Q2 financial results today. Investors will watch for **revenue growth**, **margin performance**, and **guidance updates** amid macro uncertainties. Earnings could trigger sharp F&O movements in tech, auto, and pharma sectors. 📊 *STOCKS:* INFY, TATAMOTORS, TORNTPHARM | 🏢 *SECTOR:* Earnings | #HIGHIMPACT #Earnings
JSW Steel focuses on India with massive capex plan
*JSW Steel focuses on India with massive capex plan* — The company plans to invest ₹1.5 lakh crore over the next few years, primarily in India, as it scales down European ambitions. CEO Sajjan Jindal stated Europe will become "irrelevant" for the company’s future growth. The move underscores a strategic shift toward domestic expansion amid rising demand in infrastructure and manufacturing. 📊 *STOCKS:* JSWSTEEL | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Capex
JSW Steel faces gas shortage, one unit may shut
*JSW Steel plants hit by mounting gas shortages with one unit facing potential shutdown.* The disruption threatens **production capacity** and operational efficiency at India's major steel producer. Gas supply constraints are creating significant headwinds for the company's manufacturing operations. This supply-side shock could impact near-term earnings and margins. 📊 *STOCKS:* JSWSTEEL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #operational-risk
JSW Steel, POSCO form JV for Indian steel plant
*JSW Steel and POSCO announce joint venture to build steel plant in India.* This strategic partnership represents a **major capex initiative** combining JSW's domestic expertise with POSCO's global technology. The JV signals significant capacity expansion and strengthens JSW's competitive position in steel manufacturing. The deal could drive long-term shareholder value through operational synergies and market consolidation. 📊 *STOCKS:* $JSWSTEEL | 🏢 *SECTOR:* Metals | #HIGHIMPACT #JointVenture
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹46.0K Cr 1.9% | ₹45.2K Cr 4.6% | ₹43.1K Cr 3.7% | ₹44.8K Cr 8.3% | ₹41.4K Cr 4.3% | ₹39.7K Cr 7.6% | ₹42.9K Cr 7.2% | ₹46.3K Cr |
| Op. Profit | ₹6.4K Cr 9.2% | ₹7.0K Cr 6.0% | ₹7.5K Cr 21.9% | ₹6.1K Cr 10.0% | ₹5.6K Cr 3.8% | ₹5.4K Cr 2.2% | ₹5.5K Cr 8.8% | ₹6.0K Cr |
| OPM | 14.0% 12.5% | 16.0% 5.9% | 17.0% 21.4% | 14.0% 7.7% | 13.0% 7.1% | 14.0% 7.7% | 13.0% 0.0% | 13.0% |
| Net Profit | ₹2.4K Cr 46.4% | ₹1.6K Cr 25.5% | ₹2.2K Cr 47.2% | ₹1.5K Cr 108.8% | ₹719 Cr 78.0% | ₹404 Cr 53.4% | ₹867 Cr 34.4% | ₹1.3K Cr |
| EPS (₹) | 8.75 31.8% | 6.64 25.6% | 8.93 45.2% | 6.15 109.9% | 2.93 62.8% | 1.8 48.0% | 3.46 34.8% | 5.31 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.9L Cr 9.9% | ₹1.7L Cr 3.5% | ₹1.8L Cr 5.5% | ₹1.7L Cr 13.4% | ₹1.5L Cr 83.3% | ₹79.8K Cr 8.9% | ₹73.3K Cr 13.5% | ₹84.8K Cr 17.8% | ₹71.9K Cr 29.4% | ₹55.6K Cr |
| Expenses | ₹1.6L Cr 6.8% | ₹1.5L Cr 0.5% | ₹1.5L Cr 0.4% | ₹1.5L Cr 37.5% | ₹1.1L Cr 79.8% | ₹59.7K Cr 3.0% | ₹61.5K Cr 6.6% | ₹65.8K Cr 15.5% | ₹57.0K Cr 31.7% | ₹43.3K Cr |
| Op. Profit | ₹29.5K Cr 29.7% | ₹22.7K Cr 19.3% | ₹28.2K Cr 52.4% | ₹18.5K Cr 52.8% | ₹39.1K Cr 93.8% | ₹20.2K Cr 70.8% | ₹11.8K Cr 37.6% | ₹18.9K Cr 26.9% | ₹14.9K Cr 21.2% | ₹12.3K Cr |
| OPM | 16.0% 23.1% | 13.0% 18.8% | 16.0% 45.5% | 11.0% 59.3% | 27.0% 8.0% | 25.0% 56.3% | 16.0% 27.3% | 22.0% 4.8% | 21.0% 4.5% | 22.0% |
| Other Income | ₹18.5K Cr 25227.4% | ₹73 Cr 95.1% | ₹1.5K Cr 3.9% | ₹1.6K Cr 2.4% | ₹1.6K Cr 238.3% | ₹473 Cr 263.7% | ₹-289 Cr 247.4% | ₹196 Cr 210.7% | ₹-177 Cr 1083.3% | ₹18 Cr |
| Interest | ₹9.1K Cr 8.2% | ₹8.4K Cr 3.8% | ₹8.1K Cr 17.4% | ₹6.9K Cr 38.9% | ₹5.0K Cr 25.5% | ₹4.0K Cr 7.2% | ₹4.3K Cr 8.9% | ₹3.9K Cr 5.8% | ₹3.7K Cr 1.8% | ₹3.8K Cr |
| Depreciation | ₹9.6K Cr 3.1% | ₹9.3K Cr 13.9% | ₹8.2K Cr 9.3% | ₹7.5K Cr 24.5% | ₹6.0K Cr 28.3% | ₹4.7K Cr 10.2% | ₹4.2K Cr 5.1% | ₹4.0K Cr 19.3% | ₹3.4K Cr 1.3% | ₹3.4K Cr |
| PBT | ₹29.3K Cr 476.1% | ₹5.1K Cr 62.1% | ₹13.4K Cr 136.6% | ₹5.7K Cr 81.0% | ₹29.7K Cr 147.6% | ₹12.0K Cr 298.8% | ₹3.0K Cr 73.0% | ₹11.2K Cr 46.0% | ₹7.7K Cr 49.2% | ₹5.1K Cr |
| Tax % | 13.0% 58.1% | 31.0% 6.1% | 33.0% 22.2% | 27.0% 10.0% | 30.0% 11.8% | 34.0% 213.3% | -30.0% 190.9% | 33.0% 65.0% | 20.0% 39.4% | 33.0% |
| Net Profit | ₹25.5K Cr 630.7% | ₹3.5K Cr 61.1% | ₹9.0K Cr 116.8% | ₹4.1K Cr 80.2% | ₹20.9K Cr 165.9% | ₹7.9K Cr 100.9% | ₹3.9K Cr 47.9% | ₹7.5K Cr 23.1% | ₹6.1K Cr 76.3% | ₹3.5K Cr |
| EPS (₹) | 91.26 536.8% | 14.33 60.2% | 36.03 110.2% | 17.14 80.0% | 85.49 161.2% | 32.73 96.3% | 16.67 47.2% | 31.6 22.9% | 25.71 76.5% | 14.57 |
| Div Payout | 10.0% 58.3% | 24.0% 4.0% | 25.0% 0.0% | 25.0% 0.0% | 25.0% 0.0% | 25.0% 66.7% | 15.0% 6.3% | 16.0% 0.0% | 16.0% 15.8% | 19.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹305 Cr 0.0% | ₹305 Cr 0.0% | ₹305 Cr 1.3% | ₹301 Cr 0.0% | ₹301 Cr 0.3% | ₹302 Cr 0.3% | ₹301 Cr 0.0% | ₹301 Cr 0.3% | ₹302 Cr 0.3% | ₹301 Cr |
| Reserves | ₹82.6K Cr 4.3% | ₹79.2K Cr 2.4% | ₹77.4K Cr 18.3% | ₹65.4K Cr 2.4% | ₹67.0K Cr 47.9% | ₹45.3K Cr 24.8% | ₹36.3K Cr 5.2% | ₹34.5K Cr 24.5% | ₹27.7K Cr 23.9% | ₹22.3K Cr |
| Borrowings | ₹1.0L Cr 2.4% | ₹98.8K Cr 12.2% | ₹88.0K Cr 8.8% | ₹80.9K Cr 11.9% | ₹72.2K Cr 8.3% | ₹66.7K Cr 8.6% | ₹61.4K Cr 29.6% | ₹47.4K Cr 20.3% | ₹39.4K Cr 9.1% | ₹43.3K Cr |
| Other Liabilities | ₹66.4K Cr 6.7% | ₹62.2K Cr 0.1% | ₹62.2K Cr 2.7% | ₹64.0K Cr 12.4% | ₹57.0K Cr 63.5% | ₹34.8K Cr 3.0% | ₹33.8K Cr 3.7% | ₹32.6K Cr 32.7% | ₹24.6K Cr 11.6% | ₹22.0K Cr |
| Total Liabilities | ₹2.5L Cr 4.2% | ₹2.4L Cr 5.5% | ₹2.3L Cr 8.2% | ₹2.1L Cr 7.2% | ₹2.0L Cr 33.5% | ₹1.5L Cr 11.6% | ₹1.3L Cr 14.8% | ₹1.1L Cr 24.8% | ₹92.0K Cr 4.5% | ₹88.0K Cr |
Assets | ||||||||||
| Fixed Assets | ₹1.3L Cr 1.5% | ₹1.2L Cr 10.7% | ₹1.1L Cr 7.7% | ₹1.0L Cr 4.6% | ₹99.9K Cr 53.9% | ₹64.9K Cr 4.6% | ₹62.1K Cr 0.9% | ₹62.6K Cr 8.3% | ₹57.8K Cr 1.5% | ₹58.7K Cr |
| CWIP | ₹20.5K Cr 2.2% | ₹21.0K Cr 29.2% | ₹29.7K Cr 33.9% | ₹22.2K Cr 31.1% | ₹16.9K Cr 48.1% | ₹32.6K Cr 19.8% | ₹27.2K Cr 128.7% | ₹11.9K Cr 99.8% | ₹6.0K Cr 36.4% | ₹4.4K Cr |
| Investments | ₹15.6K Cr 2.6% | ₹15.2K Cr 110.0% | ₹7.2K Cr 50.8% | ₹4.8K Cr 2.7% | ₹4.9K Cr 33.5% | ₹7.4K Cr 489.9% | ₹1.3K Cr 33.5% | ₹1.9K Cr 28.9% | ₹1.5K Cr 7.5% | ₹1.4K Cr |
| Other Assets | ₹88.0K Cr 10.3% | ₹79.8K Cr 1.6% | ₹78.5K Cr 0.8% | ₹79.1K Cr 5.8% | ₹74.8K Cr 76.9% | ₹42.3K Cr 2.3% | ₹41.3K Cr 7.6% | ₹38.4K Cr 43.7% | ₹26.7K Cr 13.4% | ₹23.5K Cr |
| Total Assets | ₹2.5L Cr 4.2% | ₹2.4L Cr 5.5% | ₹2.3L Cr 8.2% | ₹2.1L Cr 7.2% | ₹2.0L Cr 33.5% | ₹1.5L Cr 11.6% | ₹1.3L Cr 14.8% | ₹1.1L Cr 24.8% | ₹92.0K Cr 4.5% | ₹88.0K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹20.9K Cr 73.0% | ₹12.1K Cr 48.2% | ₹23.3K Cr 11.2% | ₹26.3K Cr 39.5% | ₹18.8K Cr 47.3% | ₹12.8K Cr 12.6% | ₹14.6K Cr 18.2% | ₹12.4K Cr 56.9% | ₹7.9K Cr 14.4% | ₹6.9K Cr |
| Investing CF | ₹-17.0K Cr 17.6% | ₹-14.5K Cr 34.8% | ₹-10.7K Cr 27.2% | ₹-14.7K Cr 56.7% | ₹-9.4K Cr 52.0% | ₹-19.6K Cr 72.0% | ₹-11.4K Cr 151.4% | ₹-4.5K Cr 11.1% | ₹-5.1K Cr 32.1% | ₹-3.9K Cr |
| Financing CF | ₹-262 Cr 94.8% | ₹-5.0K Cr 16.3% | ₹-6.0K Cr 59.2% | ₹-14.7K Cr 915.0% | ₹-1.4K Cr 127.8% | ₹5.2K Cr 196.0% | ₹1.8K Cr 121.4% | ₹-8.2K Cr 202.0% | ₹-2.7K Cr 14.0% | ₹-3.2K Cr |
| Net Cash Flow | ₹3.6K Cr 149.0% | ₹-7.4K Cr 211.8% | ₹6.6K Cr 311.0% | ₹-3.1K Cr 139.3% | ₹8.0K Cr 593.9% | ₹-1.6K Cr 132.3% | ₹5.0K Cr 1592.2% | ₹-335 Cr 498.8% | ₹84 Cr 175.7% | ₹-111 Cr |
| Free Cash Flow | ₹8.3K Cr 338.2% | ₹-3.5K Cr 140.5% | ₹8.6K Cr 47.1% | ₹16.2K Cr 104.9% | ₹7.9K Cr 43877.8% | ₹18 Cr 99.6% | ₹4.5K Cr 42.0% | ₹7.7K Cr 120.2% | ₹3.5K Cr 101.5% | ₹1.7K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 18d 12.5% | 16d 0.0% | 16d 15.8% | 19d 9.5% | 21d 4.5% | 22d 29.0% | 31d 29.2% | 24d 11.1% | 27d 12.5% | 24d |
| Inventory Days | 142d 6.0% | 151d 16.2% | 130d 37.5% | 208d 30.0% | 160d 23.1% | 130d 5.7% | 123d 4.2% | 118d 19.7% | 147d 8.9% | 135d |
| Days Payable | 132d 0.8% | 133d 10.7% | 149d 21.6% | 190d 11.1% | 171d 1.2% | 169d 23.4% | 137d 8.1% | 149d 13.4% | 172d 16.9% | 207d |
| Cash Conv. Cycle | 28d 15.2% | 33d 925.0% | -4d 111.1% | 36d 300.0% | 9d 152.9% | -17d 200.0% | 17d 342.9% | -7d 450.0% | 2d 104.2% | -48d |
| Working Capital Days | -19d 34.5% | -29d 42.0% | -50d 108.3% | -24d 74.2% | -93d 3.1% | -96d 52.4% | -63d 75.0% | -36d 45.5% | -66d 37.1% | -105d |
| ROCE | 8.0% 38.5% | 13.0% 62.5% | 8.0% 71.4% | 28.0% 86.7% | 15.0% 66.7% | 9.0% 55.0% | 20.0% 11.1% | 18.0% 28.6% | 14.0% 180.0% | 5.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About JSW Steel Limited
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]
Metals & MiningFerrous Metals