1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
JSW Steel Limited

JSW Steel Limited

1,218.90
INR
-2.75
(-0.23%)
116.79EPS
11.84P/E
3.00TMarket Cap
Oct 23Next Earn
JSW Steel Limited
BSE:JSWSTEEL
(Bombay Stock Exchange)

Recent

price

1,218.90

P/E

ratio

11.84

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
118.4
153
170.82
208.54
215.33
170.78
227.37
291.46
343.08
296.05
324.73
598.3
681.21
711.7
683.07
745.85
754.34
Revenue per Share
8.15
2.41
4.32
1.87
7.43
-1.4
14.66
25.85
31.77
16.78
32.91
85.96
17.25
36.34
14.37
91.43
103.82
Basic EPS, GAAP
-12.2
-2.54
0.96
-13.11
4.78
7.24
14.37
31.79
18.41
-0.1
32.72
67.3
35.55
-15.35
33.65
43.01
- -
Free Cash Flow per Basic Share
1.18
1.57
1.02
1.31
1.42
1.34
0.91
2.64
3.88
4.97
2.01
6.54
17.46
3.39
7.32
2.81
- -
Dividend per Share
74.08
73.82
76.48
87.6
81.31
75.3
94.25
116.36
144.88
152.34
189.59
280.35
273.23
318.77
325.74
409.91
- -
Book Value per Share
68.91
67.94
70.15
80.44
73.56
70.02
89.14
111.72
139.09
147.77
180.78
271.26
264.03
305.72
312.7
397.49
- -
Tangible Book Value per Share
2,036
2,231
2,231
2,417
2,417
2,392
2,403
2,404
2,405
2,402
2,404
2,404
2,402
2,425
2,439
2,441
2,441
Basic Weighted Avg Shares
241,059
341,370
381,120
504,089
520,506
408,577
546,280
700,710
824,990
711,160
780,590
1,438,290
1,636,460
1,725,880
1,665,750
1,820,370
1,841,390
Sales/Revenue/Turnover
13.78
12.21
11.21
12.33
12.48
9.38
17.28
16.69
18.76
11.94
19.72
23.35
8.04
11.88
8.5
12.82
12.44
Operating Margin (%)
15,597
19,332
22,375
31,826
34,345
33,226
34,300
33,870
40,410
42,460
46,790
60,010
74,740
81,720
93,090
96,010
91,840
Depreciation Expense
16,594
5,377
9,631
4,520
17,966
-3,354
35,230
62,140
76,390
40,300
79,110
206,650
41,440
88,120
35,040
223,160
253,440
Net Income, GAAP
31.93
25.09
42.28
70.34
32.27
- -
32.64
20.1
32.63
- -
34.47
29.61
26.81
32.94
31.24
12.79
13.63
Effective Tax Rate (%)
6.88
1.58
2.53
0.9
3.45
-0.82
6.45
8.87
9.26
5.67
10.13
14.37
2.53
5.11
2.1
12.26
13.76
Profit Margin (%)
-61,049
-82,731
-67,315
-102,886
-62,095
-107,489
-82,840
-57,720
-84,530
-72,100
-74,470
78,230
-18,130
-15,310
101,100
340,580
- -
Working Capital
113,349
128,891
173,932
267,026
358,555
348,213
318,210
315,150
296,360
463,930
516,440
594,850
635,730
693,850
843,180
788,660
- -
LT Debt
167,512
169,672
175,409
221,054
203,736
187,707
224,010
275,340
343,450
360,240
449,910
685,350
670,390
797,760
816,660
1,054,750
- -
Total Equity
7.14
9.28
6.5
3.86
7.53
- -
9.99
13.68
14
- -
9.56
18.24
6.41
7.82
4.82
16.59
- -
Return on Invested Capital (%)
7.52
4.42
5.43
2.8
6.87
- -
9.46
13.76
13.67
- -
9.98
18.55
5.55
7.67
4.62
12.39
- -
Return on Capital (%)
12.87
3.26
5.74
2.36
8.8
-1.77
17.25
24.54
24.33
11.29
19.25
36.61
6.23
12.29
4.46
24.86
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
402,130
- -
LT Borrowings
- -
755,600
- -
LT Finance Leases
- -
33,060
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,440
2,441
2,441
Market Capitalization
2,843,037
2,740,438
3,000,387

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,034,350
- -
Cash, Cash Equivalents & STI
- -
496,390
- -
Accounts Receivable, Net
- -
112,600
- -
Inventories
- -
327,650
- -
Total Current Liabilities
- -
693,770
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
402,130
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.74%
20.13%
29.15%
Free Cash Flow
-3,185.94%
-75.51%
27.95%
Net Income, GAAP
-33.14%
134.11%
536.87%
Sales/Revenue/Turnover
18.5%
21.86%
9.28%
Total Cash Common Dividend
54.22%
73.47%
-61.62%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
423,370
391,040
407,930
443,410
1,665,750
2026
424,600
- -
452,190
497,980
1,820,370
2027
466,620
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.47
1.8
2.94
6.15
14.37
2026
8.95
- -
8.76
67.07
91.43
2027
19.05
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
7.32
2026
- -
- -
- -
- -
2.81
2027
- -
- -
- -
- -
- -
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Business
JSW Steel Limited, the flagship steel manufacturing company of the JSW Group founded in 1994 and headquartered in Mumbai, Maharashtra, India, operates as India's largest integrated steel producer with an installed capacity of 35.7 million tonnes per annum across facilities in Vijayanagar (Karnataka), Dolvi, Salem (Tamil Nadu), Tarapur, Vasind, Kalmeshwar (Maharashtra), and overseas assets including a plate and pipe mill in the United States; the company manufactures a diverse portfolio of flat products such as hot-rolled coils, cold-rolled close annealed coils, plates, galvanized steel, galvalume, and colour-coated products under brands including Colouron+, Radiance, Galvos, and Everglow, long products encompassing bars, rods, sections, and wire rods, as well as value-added and special steel offerings like electrical steel (CRNO and GOES), high-strength low-alloy (HSLA) and advanced high-strength steel (AHSS) for automotive applications, and plates for infrastructure, energy, and defence sectors, serving industries including automotive, construction, infrastructure, appliances, renewables, engineering, and exports to over 100 countries. JSW Steel maintains operations primarily in India with global sourcing from mining assets in Chile, the United States, Mozambique, and Australia, alongside strategic backward integration securing 23 iron ore mines and three coking coal mines in India, targeting 25% captive coking coal supply. Recent developments include the December 2025 formation of a 50:50 joint venture with JFE Steel Corporation valued at INR 244.8 billion to acquire and expand the steel business of Bhushan Power and Steel Limited to 10 million tonnes capacity by 2030 through JSW Sambalpur, the acquisition of Saffron Resources Private Limited as a wholly-owned subsidiary in December 2025 to bolster market position, the INR 4,159 crore purchase of Thyssenkrupp Electrical Steel India (renamed JSW JFE Electrical Steel Nashik) via JV J2ES in February 2024 enhancing grain-oriented electrical steel capabilities, a 50:50 joint venture with Severfield UK for structural steel solutions and another with Marubeni-Itochu for just-in-time steel services, a planned INR 20,000 crore expansion at Dolvi to raise capacity from 10 to 15 million tonnes by September 2027 as part of a broader 51.5 million tonnes target by FY 2030-31, and the transfer of its 0.9 million tonnes DRI facility at Salav to JSW Green Steel Limited with INR 2,233 crore investment to develop low-carbon green steel production up to 4 million tonnes in phases, alongside renewable energy procurement of up to 2.97 GW from JSW Energy subsidiaries.