JSW Steel Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 25.1x vs industry 31.6x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹3,148 | ₹4.3L Cr | 120 | 5.02 | -3.38 | 5.8 | 2.03 |
| TATASTEEL Tata Steel Limited | ₹186 | ₹2.3L Cr | 20.5 | 2.27 | 11.7 | 12.5 | 1.01 |
| HINDZINC Hindustan Zinc Limited | ₹535 | ₹2.2L Cr | 15.9 | 9.98 | 76.6 | 69.5 | 0.39 |
| HINDALCO Hindalco Industries Limited | ₹950 | ₹2.1L Cr | 12.6 | 1.56 | 13 | 13.2 | 0.56 |
| LLOYDSME Lloyds Metals And Energy Limited | ₹1,872 -3.34% | ₹1.1L Cr | 28.2 | 7.39 | 36.6 | 27.3 | 1.45 |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,048 | ₹1.0L Cr | 25.9 | 2.1 | 8.22 | 9.7 | 0.39 |
| VEDL Vedanta Limited | ₹263 | ₹99K Cr | 5.71 | 2.07 | 38.2 | 16.1 | 2.12 |
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 Jun 30, 2026
Dividend - Rs 7.10 Per Share
To consider and approve the financial results for the period ended March 31, 2026
To consider and approve the financial results for the period ended March 31, 2026, dividend and Fund Raising
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 news →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
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
JSW Steel and JFE Steel update JV for Bhushan Power steel business
*JSW Steel and JFE Steel update JV for Bhushan Power steel business*. The 50:50 joint venture between JSW Steel and JFE Steel Corporation for the steel business of Bhushan Power and Steel Limited has been updated. The move aims to strengthen operational synergy and enhance market positioning. Financial terms remain undisclosed. 📊 *STOCKS:* JSWSTEEL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #JointVenture
BCCL hands over Dugdha coal washery site to JSW Steel.
*BCCL hands over Dugdha coal washery site to JSW Steel.* Bharat Coking Coal Limited (BCCL) has formally handed over the site of the Dugdha Coal Washery to JSW Steel Limited. This move marks a key milestone in JSW Steel’s efforts to secure captive coal processing infrastructure. The project is expected to enhance JSW’s raw material efficiency and reduce dependency on external supplies. 📊 *STOCKS:* JSWSTEEL | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #JSWSteel
JSW Steel to host analyst and investor meet
*JSW Steel to host analyst and investor meet.* The event is part of its regular investor engagement. No financial announcements or strategic updates were disclosed. Details on timing and agenda available in NSE filing. 📊 *STOCKS:* JSWSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
JSW Steel reports Q1 FY27 crude steel production of 6.59 MT
*JSW Steel reports Q1 FY27 crude steel production of 6.59 MT.* The output reflects **6.59 million tonnes** of consolidated crude steel production for the quarter. This operational update indicates stable production capacity utilization. No financial impact or guidance change was specified in the release. 📊 *STOCKS:* JSWSTEEL | 🏢 *SECTOR:* Metals | #LOWIMPACT #Production
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 & Mining · Ferrous Metals