Share Price and Basic Stock Data
Last Updated: October 18, 2025, 5:37 pm
| PEG Ratio | -1.83 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
JSW Steel Ltd, a leading player in the Indian steel industry, reported a market capitalization of ₹2,83,954 Cr with a stock price of ₹1,161. The company’s revenue from operations has shown a significant upward trajectory, recording sales of ₹165,960 Cr for the fiscal year ending March 2023, up from ₹146,371 Cr in the previous fiscal year. The trailing twelve months sales stood at ₹169,028 Cr, reflecting a robust demand environment driven by infrastructure and construction activities. Quarterly sales figures have also exhibited fluctuations, with a high of ₹46,962 Cr reported in March 2023, followed by ₹46,269 Cr in March 2024. However, the subsequent quarters showed a slight decline, with sales dipping to ₹39,684 Cr in September 2024, indicating potential seasonal impacts or market adjustments. The operating profit margin (OPM) has varied significantly, with a peak of 27% in March 2022, declining to 11% in March 2023, before stabilizing around 16% for subsequent periods, suggesting challenges in cost management amidst fluctuating raw material prices.
Profitability and Efficiency Metrics
JSW Steel reported a net profit of ₹3,491 Cr for the fiscal year ending March 2025, down from ₹4,139 Cr the previous year, reflecting pressures on profitability. The earnings per share (EPS) for March 2025 stood at ₹14.33, a notable decrease from ₹17.14 in March 2023, highlighting the impact of declining margins on shareholder returns. The return on equity (ROE) was reported at 4.94%, while the return on capital employed (ROCE) was 8.11%, indicating relatively low returns compared to industry benchmarks. The interest coverage ratio, a critical measure of financial health, stood at 3.61x, suggesting that the company can comfortably cover its interest obligations. However, the cash conversion cycle (CCC) of 28 days indicates efficient working capital management, with debtor days at 16 and inventory days at 130, suggesting effective cash flow management despite rising operational expenses. The fluctuating OPM and net profit margins raise concerns about the company’s ability to maintain profitability in a competitive environment.
Balance Sheet Strength and Financial Ratios
JSW Steel’s balance sheet reflects a total debt of ₹98,752 Cr against reserves of ₹79,191 Cr, indicating a debt-to-equity ratio of 1.10x. This ratio suggests a relatively leveraged position, which may raise concerns among investors regarding financial stability during economic downturns. The company’s current ratio stood at 0.97, slightly below the ideal threshold of 1, indicating potential liquidity challenges. The quick ratio of 0.40 further emphasizes this concern, suggesting that the company may struggle to meet short-term obligations without relying on inventory liquidation. Additionally, the asset turnover ratio of 0.79 indicates efficient utilization of assets to generate revenue. The book value per share increased to ₹261.56 in March 2024, reflecting a strengthening equity position, although the price-to-book value ratio of 3.26x suggests that the stock may be trading at a premium relative to its book value. This premium could be justified by future growth prospects but also raises questions about valuation sustainability in a volatile market.
Shareholding Pattern and Investor Confidence
The shareholding structure of JSW Steel indicates a strong promoter presence at 45.31%, suggesting a significant commitment from the founding family. Foreign institutional investors (FIIs) hold 25.42%, while domestic institutional investors (DIIs) account for 10.93%, reflecting substantial institutional interest. This institutional backing could support stock stability and investor confidence. However, the public shareholding has decreased to 17.59%, which may indicate a shift in market sentiment or profit-booking by retail investors. Over the past year, the number of shareholders has slightly declined from 6,67,173 in September 2022 to 6,17,339 in June 2025, reflecting potential concerns among retail investors regarding the stock’s performance. The dividend payout ratio for March 2025 was reported at 24%, down from 25% in the previous year, suggesting a cautious approach towards shareholder returns amidst fluctuating earnings. This cautious stance could impact investor sentiment, particularly among income-focused investors.
Outlook, Risks, and Final Insight
If margins sustain around current levels, JSW Steel may be positioned to leverage growth opportunities in the expanding Indian infrastructure sector. However, risks remain, including fluctuating raw material prices, which could further pressure margins, and potential economic downturns that may impact demand. Additionally, the high debt levels pose a risk if interest rates rise, affecting profitability and cash flows. The company’s ability to maintain efficient working capital management will be crucial in navigating these challenges. Furthermore, the evolving competitive landscape in the steel industry necessitates strategic innovations and cost-control measures. Should JSW Steel successfully implement these strategies while managing its debt effectively, it could enhance its market position and shareholder value in the long run. The combination of a strong promoter stake and institutional support may provide a buffer against market volatility, fostering a resilient growth trajectory.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of JSW Steel Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Incredible Industries Ltd | 210 Cr. | 44.9 | 55.2/28.5 | 14.4 | 31.1 | 0.00 % | 9.73 % | 8.97 % | 10.0 |
| Eastcoast Steel Ltd | 12.1 Cr. | 22.5 | 24.2/14.0 | 35.6 | 0.00 % | 2.65 % | 1.86 % | 10.0 | |
| Bonlon Industries Ltd | 147 Cr. | 55.9 | 57.5/22.5 | 27.1 | 57.6 | 0.00 % | 5.04 % | 3.36 % | 10.0 |
| Beekay Steel Industries Ltd | 888 Cr. | 466 | 742/435 | 9.79 | 533 | 0.21 % | 7.86 % | 6.45 % | 10.0 |
| Ecofinity Atomix Ltd | 31.7 Cr. | 45.5 | 63.7/31.6 | 17.1 | 26.2 | 0.00 % | 18.1 % | 14.1 % | 10.0 |
| Industry Average | 42,195.14 Cr | 319.13 | 24.83 | 153.97 | 0.34% | 8.78% | 7.09% | 7.50 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 38,086 | 41,778 | 39,134 | 46,962 | 42,213 | 44,584 | 41,940 | 46,269 | 42,943 | 39,684 | 41,378 | 44,819 | 43,147 |
| Expenses | 33,794 | 40,082 | 34,643 | 39,031 | 35,201 | 36,722 | 34,776 | 40,243 | 37,445 | 34,309 | 35,799 | 38,684 | 35,671 |
| Operating Profit | 4,292 | 1,696 | 4,491 | 7,931 | 7,012 | 7,862 | 7,164 | 6,026 | 5,498 | 5,375 | 5,579 | 6,135 | 7,476 |
| OPM % | 11% | 4% | 11% | 17% | 17% | 18% | 17% | 13% | 13% | 14% | 13% | 14% | 17% |
| Other Income | 189 | 779 | 188 | 465 | 331 | 826 | 194 | 242 | 164 | -189 | 50 | 186 | 350 |
| Interest | 1,422 | 1,523 | 1,819 | 2,138 | 1,963 | 2,084 | 1,996 | 2,062 | 2,073 | 2,130 | 2,115 | 2,094 | 2,217 |
| Depreciation | 1,778 | 1,805 | 1,882 | 2,009 | 1,900 | 2,019 | 2,059 | 2,194 | 2,209 | 2,267 | 2,336 | 2,497 | 2,537 |
| Profit before tax | 1,281 | -853 | 978 | 4,249 | 3,480 | 4,585 | 3,303 | 2,012 | 1,380 | 789 | 1,178 | 1,730 | 3,072 |
| Tax % | 34% | 7% | 52% | 12% | 30% | 40% | 26% | 34% | 37% | 49% | 39% | 13% | 28% |
| Net Profit | 839 | -915 | 474 | 3,741 | 2,428 | 2,773 | 2,450 | 1,322 | 867 | 404 | 719 | 1,501 | 2,209 |
| EPS in Rs | 3.47 | -3.51 | 2.03 | 15.16 | 9.67 | 11.29 | 9.88 | 5.31 | 3.46 | 1.80 | 2.93 | 6.15 | 8.93 |
Last Updated: August 1, 2025, 6:45 pm
Below is a detailed analysis of the quarterly data for JSW Steel Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 43,147.00 Cr.. The value appears to be declining and may need further review. It has decreased from 44,819.00 Cr. (Mar 2025) to 43,147.00 Cr., marking a decrease of 1,672.00 Cr..
- For Expenses, as of Jun 2025, the value is 35,671.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 38,684.00 Cr. (Mar 2025) to 35,671.00 Cr., marking a decrease of 3,013.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 7,476.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,135.00 Cr. (Mar 2025) to 7,476.00 Cr., marking an increase of 1,341.00 Cr..
- For OPM %, as of Jun 2025, the value is 17.00%. The value appears strong and on an upward trend. It has increased from 14.00% (Mar 2025) to 17.00%, marking an increase of 3.00%.
- For Other Income, as of Jun 2025, the value is 350.00 Cr.. The value appears strong and on an upward trend. It has increased from 186.00 Cr. (Mar 2025) to 350.00 Cr., marking an increase of 164.00 Cr..
- For Interest, as of Jun 2025, the value is 2,217.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,094.00 Cr. (Mar 2025) to 2,217.00 Cr., marking an increase of 123.00 Cr..
- For Depreciation, as of Jun 2025, the value is 2,537.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,497.00 Cr. (Mar 2025) to 2,537.00 Cr., marking an increase of 40.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 3,072.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,730.00 Cr. (Mar 2025) to 3,072.00 Cr., marking an increase of 1,342.00 Cr..
- For Tax %, as of Jun 2025, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 13.00% (Mar 2025) to 28.00%, marking an increase of 15.00%.
- For Net Profit, as of Jun 2025, the value is 2,209.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,501.00 Cr. (Mar 2025) to 2,209.00 Cr., marking an increase of 708.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 8.93. The value appears strong and on an upward trend. It has increased from 6.15 (Mar 2025) to 8.93, marking an increase of 2.78.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: July 22, 2025, 3:34 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 51,220 | 52,972 | 41,546 | 55,604 | 71,933 | 84,757 | 73,326 | 79,839 | 146,371 | 165,960 | 175,006 | 168,824 | 169,028 |
| Expenses | 42,051 | 43,608 | 35,124 | 43,296 | 57,017 | 65,827 | 61,513 | 59,661 | 107,257 | 147,490 | 146,849 | 146,099 | 144,463 |
| Operating Profit | 9,169 | 9,364 | 6,422 | 12,308 | 14,916 | 18,930 | 11,813 | 20,178 | 39,114 | 18,470 | 28,157 | 22,725 | 24,565 |
| OPM % | 18% | 18% | 15% | 22% | 21% | 22% | 16% | 25% | 27% | 11% | 16% | 13% | 15% |
| Other Income | -1,630 | 103 | -1,966 | 18 | -177 | 196 | -289 | 473 | 1,600 | 1,561 | 1,500 | 73 | 397 |
| Interest | 3,048 | 3,493 | 3,601 | 3,768 | 3,701 | 3,917 | 4,265 | 3,957 | 4,968 | 6,902 | 8,105 | 8,412 | 8,556 |
| Depreciation | 3,183 | 3,434 | 3,323 | 3,430 | 3,387 | 4,041 | 4,246 | 4,679 | 6,001 | 7,474 | 8,172 | 9,309 | 9,637 |
| Profit before tax | 1,308 | 2,539 | -2,468 | 5,128 | 7,651 | 11,168 | 3,013 | 12,015 | 29,745 | 5,655 | 13,380 | 5,077 | 6,769 |
| Tax % | 70% | 32% | -80% | 33% | 20% | 33% | -30% | 34% | 30% | 27% | 33% | 31% | |
| Net Profit | 402 | 1,722 | -481 | 3,467 | 6,113 | 7,524 | 3,919 | 7,873 | 20,938 | 4,139 | 8,973 | 3,491 | 4,833 |
| EPS in Rs | 1.87 | 7.43 | -1.39 | 14.57 | 25.71 | 31.60 | 16.67 | 32.73 | 85.49 | 17.14 | 36.03 | 14.33 | 19.81 |
| Dividend Payout % | 74% | 19% | -67% | 19% | 16% | 16% | 15% | 25% | 25% | 25% | 25% | 24% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 328.36% | -127.93% | 820.79% | 76.32% | 23.08% | -47.91% | 100.89% | 165.95% | -80.23% | 116.79% | -61.09% |
| Change in YoY Net Profit Growth (%) | 0.00% | -456.29% | 948.72% | -744.47% | -53.24% | -71.00% | 148.81% | 65.05% | -246.18% | 197.02% | -177.89% |
JSW Steel Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 18% |
| 3 Years: | 5% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | -3% |
| 3 Years: | -43% |
| TTM: | -27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 31% |
| 3 Years: | 16% |
| 1 Year: | 16% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 14% |
| 3 Years: | 7% |
| Last Year: | 5% |
Last Updated: September 5, 2025, 8:30 am
Balance Sheet
Last Updated: July 25, 2025, 2:57 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 303 | 303 | 301 | 301 | 302 | 301 | 301 | 302 | 301 | 301 | 305 | 305 |
| Reserves | 20,871 | 21,987 | 18,665 | 22,346 | 27,696 | 34,494 | 36,298 | 46,462 | 66,996 | 65,394 | 77,364 | 79,191 |
| Borrowings | 35,527 | 38,754 | 42,204 | 43,334 | 39,393 | 47,396 | 61,423 | 62,392 | 72,237 | 80,853 | 87,984 | 98,752 |
| Other Liabilities | 20,939 | 24,610 | 20,737 | 22,024 | 24,579 | 32,606 | 33,798 | 39,161 | 56,951 | 63,991 | 62,245 | 62,197 |
| Total Liabilities | 77,640 | 85,654 | 81,907 | 88,005 | 91,970 | 114,797 | 131,820 | 148,317 | 196,485 | 210,539 | 227,898 | 240,445 |
| Fixed Assets | 47,046 | 52,176 | 56,140 | 58,730 | 57,848 | 62,644 | 62,085 | 64,917 | 99,880 | 104,452 | 112,461 | 124,466 |
| CWIP | 9,400 | 8,265 | 7,271 | 4,363 | 5,950 | 11,889 | 27,191 | 32,566 | 16,905 | 22,166 | 29,676 | 21,007 |
| Investments | 663 | 599 | 1,195 | 1,366 | 1,469 | 1,894 | 1,259 | 8,581 | 4,940 | 4,806 | 7,246 | 15,217 |
| Other Assets | 20,531 | 24,613 | 17,302 | 23,546 | 26,703 | 38,370 | 41,285 | 42,253 | 74,760 | 79,115 | 78,515 | 79,755 |
| Total Assets | 77,640 | 85,654 | 81,907 | 88,005 | 91,970 | 114,797 | 131,820 | 148,317 | 196,485 | 210,539 | 227,898 | 240,445 |
Below is a detailed analysis of the balance sheet data for JSW Steel Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 305.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 305.00 Cr..
- For Reserves, as of Mar 2025, the value is 79,191.00 Cr.. The value appears strong and on an upward trend. It has increased from 77,364.00 Cr. (Mar 2024) to 79,191.00 Cr., marking an increase of 1,827.00 Cr..
- For Borrowings, as of Mar 2025, the value is 98,752.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 87,984.00 Cr. (Mar 2024) to 98,752.00 Cr., marking an increase of 10,768.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 62,197.00 Cr.. The value appears to be improving (decreasing). It has decreased from 62,245.00 Cr. (Mar 2024) to 62,197.00 Cr., marking a decrease of 48.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 240,445.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 227,898.00 Cr. (Mar 2024) to 240,445.00 Cr., marking an increase of 12,547.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 124,466.00 Cr.. The value appears strong and on an upward trend. It has increased from 112,461.00 Cr. (Mar 2024) to 124,466.00 Cr., marking an increase of 12,005.00 Cr..
- For CWIP, as of Mar 2025, the value is 21,007.00 Cr.. The value appears to be declining and may need further review. It has decreased from 29,676.00 Cr. (Mar 2024) to 21,007.00 Cr., marking a decrease of 8,669.00 Cr..
- For Investments, as of Mar 2025, the value is 15,217.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,246.00 Cr. (Mar 2024) to 15,217.00 Cr., marking an increase of 7,971.00 Cr..
- For Other Assets, as of Mar 2025, the value is 79,755.00 Cr.. The value appears strong and on an upward trend. It has increased from 78,515.00 Cr. (Mar 2024) to 79,755.00 Cr., marking an increase of 1,240.00 Cr..
- For Total Assets, as of Mar 2025, the value is 240,445.00 Cr.. The value appears strong and on an upward trend. It has increased from 227,898.00 Cr. (Mar 2024) to 240,445.00 Cr., marking an increase of 12,547.00 Cr..
However, the Borrowings (98,752.00 Cr.) are higher than the Reserves (79,191.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -26.00 | -29.00 | -36.00 | -31.00 | -25.00 | -29.00 | -50.00 | -42.00 | -33.00 | -62.00 | -59.00 | -76.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16 | 17 | 24 | 27 | 24 | 31 | 22 | 21 | 19 | 16 | 16 | 18 |
| Inventory Days | 98 | 136 | 135 | 147 | 118 | 123 | 130 | 160 | 208 | 130 | 151 | 142 |
| Days Payable | 141 | 175 | 207 | 172 | 149 | 137 | 169 | 171 | 190 | 149 | 133 | 132 |
| Cash Conversion Cycle | -26 | -23 | -48 | 2 | -7 | 17 | -17 | 9 | 36 | -4 | 33 | 28 |
| Working Capital Days | -79 | -58 | -105 | -66 | -36 | -63 | -96 | -93 | -24 | -50 | -29 | -19 |
| ROCE % | 13% | 10% | 5% | 14% | 18% | 20% | 9% | 16% | 29% | 8% | 13% | 8% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Nifty 50 ETF | 17,268,097 | 0.82 | 1413.65 | 17,268,097 | 2025-04-22 17:25:29 | 0% |
| SBI S&P BSE Sensex ETF | 12,214,390 | 0.95 | 999.69 | 12,214,390 | 2025-04-22 17:25:29 | 0% |
| UTI Nifty 50 ETF | 4,781,894 | 0.82 | 391.47 | 4,781,894 | 2025-04-22 17:25:29 | 0% |
| UTI S&P BSE Sensex ETF | 4,213,091 | 0.95 | 344.82 | 4,213,091 | 2025-04-22 05:07:38 | 0% |
| ICICI Prudential Equity & Debt Fund | 2,737,483 | 0.72 | 224.1 | 2,737,483 | 2025-04-22 17:25:29 | 0% |
| Nippon India ETF Nifty 50 BeES | 2,039,045 | 0.82 | 166.93 | 2,039,045 | 2025-04-22 09:14:30 | 0% |
| ICICI Prudential Commodities Fund | 2,001,863 | 8.28 | 163.88 | 2,001,863 | 2025-04-22 17:25:29 | 0% |
| UTI Nifty 50 Index Fund | 1,536,109 | 0.82 | 125.75 | 1,536,109 | 2025-04-22 17:25:29 | 0% |
| SBI Arbitrage Opportunities Fund | 1,490,400 | 0.46 | 122.01 | 1,490,400 | 2025-04-22 17:25:29 | 0% |
| HDFC Index Nifty 50 Plan - Regular Plan | 1,224,634 | 0.82 | 100.25 | 1,224,634 | 2025-04-22 17:25:29 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 14.36 | 36.34 | 17.25 | 85.96 | 32.91 |
| Diluted EPS (Rs.) | 14.32 | 36.17 | 17.14 | 85.49 | 32.73 |
| Cash EPS (Rs.) | 42.99 | 56.78 | 39.04 | 86.45 | 41.56 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 260.64 | 261.56 | 222.72 | 227.69 | 152.80 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 260.64 | 261.56 | 222.72 | 227.69 | 152.80 |
| Revenue From Operations / Share (Rs.) | 553.52 | 573.79 | 551.36 | 486.28 | 264.37 |
| PBDIT / Share (Rs.) | 77.37 | 95.87 | 65.04 | 134.68 | 68.65 |
| PBIT / Share (Rs.) | 46.85 | 69.08 | 40.21 | 114.74 | 53.16 |
| PBT / Share (Rs.) | 17.67 | 44.43 | 19.24 | 95.77 | 39.78 |
| Net Profit / Share (Rs.) | 12.47 | 29.98 | 14.21 | 66.51 | 26.07 |
| NP After MI And SOA / Share (Rs.) | 11.49 | 28.89 | 13.77 | 68.65 | 26.20 |
| PBDIT Margin (%) | 13.97 | 16.70 | 11.79 | 27.69 | 25.96 |
| PBIT Margin (%) | 8.46 | 12.03 | 7.29 | 23.59 | 20.10 |
| PBT Margin (%) | 3.19 | 7.74 | 3.48 | 19.69 | 15.04 |
| Net Profit Margin (%) | 2.25 | 5.22 | 2.57 | 13.67 | 9.85 |
| NP After MI And SOA Margin (%) | 2.07 | 5.03 | 2.49 | 14.11 | 9.90 |
| Return on Networth / Equity (%) | 4.40 | 11.34 | 6.30 | 30.70 | 16.91 |
| Return on Capital Employeed (%) | 7.93 | 12.99 | 8.57 | 24.85 | 15.28 |
| Return On Assets (%) | 1.45 | 3.86 | 1.96 | 10.51 | 5.33 |
| Long Term Debt / Equity (X) | 1.03 | 0.86 | 0.94 | 0.86 | 1.06 |
| Total Debt / Equity (X) | 1.21 | 1.10 | 1.20 | 1.04 | 1.11 |
| Asset Turnover Ratio (%) | 0.72 | 0.79 | 0.71 | 0.76 | 0.53 |
| Current Ratio (X) | 1.17 | 0.97 | 0.97 | 1.14 | 0.82 |
| Quick Ratio (X) | 0.59 | 0.40 | 0.50 | 0.54 | 0.49 |
| Inventory Turnover Ratio (X) | 4.58 | 2.64 | 2.83 | 2.92 | 2.35 |
| Dividend Payout Ratio (NP) (%) | 50.94 | 9.32 | 101.20 | 7.60 | 6.10 |
| Dividend Payout Ratio (CP) (%) | 13.93 | 4.83 | 36.09 | 5.89 | 3.83 |
| Earning Retention Ratio (%) | 49.06 | 90.68 | -1.20 | 92.40 | 93.90 |
| Cash Earning Retention Ratio (%) | 86.07 | 95.17 | 63.91 | 94.11 | 96.17 |
| Interest Coverage Ratio (X) | 2.81 | 3.61 | 2.84 | 8.16 | 5.24 |
| Interest Coverage Ratio (Post Tax) (X) | 1.51 | 2.06 | 1.53 | 5.18 | 3.01 |
| Enterprise Value (Cr.) | 409041.75 | 328895.75 | 266575.05 | 274342.60 | 179588.70 |
| EV / Net Operating Revenue (X) | 2.42 | 1.88 | 1.61 | 1.87 | 2.25 |
| EV / EBITDA (X) | 17.33 | 11.25 | 13.62 | 6.77 | 8.66 |
| MarketCap / Net Operating Revenue (X) | 1.92 | 1.45 | 1.25 | 1.51 | 1.77 |
| Retention Ratios (%) | 49.05 | 90.67 | -1.20 | 92.39 | 93.89 |
| Price / BV (X) | 4.08 | 3.26 | 3.15 | 3.28 | 3.02 |
| Price / Net Operating Revenue (X) | 1.92 | 1.45 | 1.25 | 1.51 | 1.77 |
| EarningsYield | 0.01 | 0.03 | 0.02 | 0.09 | 0.05 |
After reviewing the key financial ratios for JSW Steel Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 14.36. This value is within the healthy range. It has decreased from 36.34 (Mar 24) to 14.36, marking a decrease of 21.98.
- For Diluted EPS (Rs.), as of Mar 25, the value is 14.32. This value is within the healthy range. It has decreased from 36.17 (Mar 24) to 14.32, marking a decrease of 21.85.
- For Cash EPS (Rs.), as of Mar 25, the value is 42.99. This value is within the healthy range. It has decreased from 56.78 (Mar 24) to 42.99, marking a decrease of 13.79.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 260.64. It has decreased from 261.56 (Mar 24) to 260.64, marking a decrease of 0.92.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 260.64. It has decreased from 261.56 (Mar 24) to 260.64, marking a decrease of 0.92.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 553.52. It has decreased from 573.79 (Mar 24) to 553.52, marking a decrease of 20.27.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 77.37. This value is within the healthy range. It has decreased from 95.87 (Mar 24) to 77.37, marking a decrease of 18.50.
- For PBIT / Share (Rs.), as of Mar 25, the value is 46.85. This value is within the healthy range. It has decreased from 69.08 (Mar 24) to 46.85, marking a decrease of 22.23.
- For PBT / Share (Rs.), as of Mar 25, the value is 17.67. This value is within the healthy range. It has decreased from 44.43 (Mar 24) to 17.67, marking a decrease of 26.76.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 12.47. This value is within the healthy range. It has decreased from 29.98 (Mar 24) to 12.47, marking a decrease of 17.51.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 11.49. This value is within the healthy range. It has decreased from 28.89 (Mar 24) to 11.49, marking a decrease of 17.40.
- For PBDIT Margin (%), as of Mar 25, the value is 13.97. This value is within the healthy range. It has decreased from 16.70 (Mar 24) to 13.97, marking a decrease of 2.73.
- For PBIT Margin (%), as of Mar 25, the value is 8.46. This value is below the healthy minimum of 10. It has decreased from 12.03 (Mar 24) to 8.46, marking a decrease of 3.57.
- For PBT Margin (%), as of Mar 25, the value is 3.19. This value is below the healthy minimum of 10. It has decreased from 7.74 (Mar 24) to 3.19, marking a decrease of 4.55.
- For Net Profit Margin (%), as of Mar 25, the value is 2.25. This value is below the healthy minimum of 5. It has decreased from 5.22 (Mar 24) to 2.25, marking a decrease of 2.97.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 2.07. This value is below the healthy minimum of 8. It has decreased from 5.03 (Mar 24) to 2.07, marking a decrease of 2.96.
- For Return on Networth / Equity (%), as of Mar 25, the value is 4.40. This value is below the healthy minimum of 15. It has decreased from 11.34 (Mar 24) to 4.40, marking a decrease of 6.94.
- For Return on Capital Employeed (%), as of Mar 25, the value is 7.93. This value is below the healthy minimum of 10. It has decreased from 12.99 (Mar 24) to 7.93, marking a decrease of 5.06.
- For Return On Assets (%), as of Mar 25, the value is 1.45. This value is below the healthy minimum of 5. It has decreased from 3.86 (Mar 24) to 1.45, marking a decrease of 2.41.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 1.03. This value exceeds the healthy maximum of 1. It has increased from 0.86 (Mar 24) to 1.03, marking an increase of 0.17.
- For Total Debt / Equity (X), as of Mar 25, the value is 1.21. This value exceeds the healthy maximum of 1. It has increased from 1.10 (Mar 24) to 1.21, marking an increase of 0.11.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.72. It has decreased from 0.79 (Mar 24) to 0.72, marking a decrease of 0.07.
- For Current Ratio (X), as of Mar 25, the value is 1.17. This value is below the healthy minimum of 1.5. It has increased from 0.97 (Mar 24) to 1.17, marking an increase of 0.20.
- For Quick Ratio (X), as of Mar 25, the value is 0.59. This value is below the healthy minimum of 1. It has increased from 0.40 (Mar 24) to 0.59, marking an increase of 0.19.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 4.58. This value is within the healthy range. It has increased from 2.64 (Mar 24) to 4.58, marking an increase of 1.94.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 50.94. This value exceeds the healthy maximum of 50. It has increased from 9.32 (Mar 24) to 50.94, marking an increase of 41.62.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 13.93. This value is below the healthy minimum of 20. It has increased from 4.83 (Mar 24) to 13.93, marking an increase of 9.10.
- For Earning Retention Ratio (%), as of Mar 25, the value is 49.06. This value is within the healthy range. It has decreased from 90.68 (Mar 24) to 49.06, marking a decrease of 41.62.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 86.07. This value exceeds the healthy maximum of 70. It has decreased from 95.17 (Mar 24) to 86.07, marking a decrease of 9.10.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 2.81. This value is below the healthy minimum of 3. It has decreased from 3.61 (Mar 24) to 2.81, marking a decrease of 0.80.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.51. This value is below the healthy minimum of 3. It has decreased from 2.06 (Mar 24) to 1.51, marking a decrease of 0.55.
- For Enterprise Value (Cr.), as of Mar 25, the value is 409,041.75. It has increased from 328,895.75 (Mar 24) to 409,041.75, marking an increase of 80,146.00.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.42. This value is within the healthy range. It has increased from 1.88 (Mar 24) to 2.42, marking an increase of 0.54.
- For EV / EBITDA (X), as of Mar 25, the value is 17.33. This value exceeds the healthy maximum of 15. It has increased from 11.25 (Mar 24) to 17.33, marking an increase of 6.08.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.92. This value is within the healthy range. It has increased from 1.45 (Mar 24) to 1.92, marking an increase of 0.47.
- For Retention Ratios (%), as of Mar 25, the value is 49.05. This value is within the healthy range. It has decreased from 90.67 (Mar 24) to 49.05, marking a decrease of 41.62.
- For Price / BV (X), as of Mar 25, the value is 4.08. This value exceeds the healthy maximum of 3. It has increased from 3.26 (Mar 24) to 4.08, marking an increase of 0.82.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.92. This value is within the healthy range. It has increased from 1.45 (Mar 24) to 1.92, marking an increase of 0.47.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 24) to 0.01, marking a decrease of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in JSW Steel Ltd:
- Net Profit Margin: 2.25%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 7.93% (Industry Average ROCE: 8.78%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 4.4% (Industry Average ROE: 7.09%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.51
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.59
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 46.5 (Industry average Stock P/E: 24.83)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 1.21
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 2.25%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Steel | JSW Centre, Bandra Kurla Complex, Mumbai Maharashtra 400051 | jswsl.investor@jsw.in http://www.jsw.in |
| Management | |
|---|---|
| Name | Position Held |
| Mrs. Savitri Devi Jindal | Chairperson Emeritus |
| Mr. Sajjan Jindal | Chairman & Managing Director |
| Mr. Jayant Acharya | Joint Managing Director & CEO |
| Mr. Gajraj Singh Rathore | Whole Time Director & COO |
| Mr. Seturaman Mahalingam | Ind. Non-Executive Director |
| Mr. Haigreve Khaitan | Ind. Non-Executive Director |
| Mrs. Nirupama Rao | Ind. Non-Executive Director |
| Mr. Marcel Fasswald | Ind. Non-Executive Director |
| Ms. Fiona Jane Mary Paulus | Ind. Non-Executive Director |
| Mr. Hiroyuki Ogawa | Nominee Director |
| Mr. Arun Sitaram Maheshwari | Director - Commercial & Marketing |
| Mrs. Khushboo Goel Chowdhary | Nominee Director |
| Mr. Sushil Kumar Roongta | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of JSW Steel Ltd?
JSW Steel Ltd's intrinsic value (as of 18 October 2025) is 598.68 which is 48.52% lower the current market price of 1,163.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,84,480 Cr. market cap, FY2025-2026 high/low of 1,179/880, reserves of ₹79,191 Cr, and liabilities of 240,445 Cr.
What is the Market Cap of JSW Steel Ltd?
The Market Cap of JSW Steel Ltd is 2,84,480 Cr..
What is the current Stock Price of JSW Steel Ltd as on 18 October 2025?
The current stock price of JSW Steel Ltd as on 18 October 2025 is 1,163.
What is the High / Low of JSW Steel Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of JSW Steel Ltd stocks is 1,179/880.
What is the Stock P/E of JSW Steel Ltd?
The Stock P/E of JSW Steel Ltd is 46.5.
What is the Book Value of JSW Steel Ltd?
The Book Value of JSW Steel Ltd is 325.
What is the Dividend Yield of JSW Steel Ltd?
The Dividend Yield of JSW Steel Ltd is 0.24 %.
What is the ROCE of JSW Steel Ltd?
The ROCE of JSW Steel Ltd is 8.11 %.
What is the ROE of JSW Steel Ltd?
The ROE of JSW Steel Ltd is 4.94 %.
What is the Face Value of JSW Steel Ltd?
The Face Value of JSW Steel Ltd is 1.00.