JSW Steel

    JSWSTEEL
    Metals
    ₹1229.20
    price as of 15/9/2026, 6:27:58 pm

    Market cap ₹3.00 L Cr

    P/E
    12.13
    Day range
    ₹1,229.20 – ₹1,267.70
    52-week range
    ₹1,073.20 – ₹1,351.00
    Volume
    10.30 L
    Open
    ₹1,265.00
    Prev close
    ₹1,265.00

    Key metrics

    P/E (TTM)
    12.8
    EPS (TTM)
    ₹101.39
    ROE (FY26)
    28.4%
    ROCE (latest year)
    11%
    Dividend yield
    0.55%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +3.8%
    Profit 3Y CAGR
    +83.3%
    Revenue YoY (Jun 2026)
    +9.8%
    Profit YoY (Jun 2026)
    +112.6%
    Operating margin
    20.0%
    Net margin
    9.9%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr15.0K Cr30.0K Cr45.0K Cr60.0K Cr0%5%10%15%20%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • FII
    • Public
    • DII
    • Government
    • Others

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-30.0KCr-15.0KCr0 Cr15.0K Cr30.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%40%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr30.0K Cr60.0K Cr90.0K Cr1.2L Cr0.0x0.5x1.0x1.5x2.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales44,58441,94046,26942,94339,68441,37844,81943,14745,15245,99151,18047,364
    Expenses36,72234,77640,24337,44534,30935,79938,68435,67138,12539,61242,71638,079
    Operating Profit7,8627,1646,0265,4985,3755,5796,1357,4767,0276,3798,4649,285
    OPM %18%17%13%13%14%13%14%17%16%14%17%20%
    Other Income826194242164-18950186350284-25618,229724
    Interest2,0841,9962,0622,0732,1302,1152,0942,2172,4132,3042,1681,712
    Depreciation2,0192,0592,1942,2092,2672,3362,4972,5372,5542,3622,1482,137
    Profit before tax4,5853,3032,0121,3807891,1781,7303,0722,3441,45722,3776,160
    Tax %40%26%34%37%49%39%13%28%30%-65%14%24%
    Net Profit2,7732,4501,3228674047191,5012,2091,6462,41019,2434,696
    EPS in Rs₹11.29₹9.88₹5.31₹3.46₹1.80₹2.93₹6.15₹8.93₹6.64₹8.75₹66.94₹19.02

    From company filings, updated 15 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Working-capital cycle

    Debtor Days22

    +1 days since Mar 2021

    Inventory Days124

    -36 days since Mar 2021

    Days Payable130

    -41 days since Mar 2021

    Cash Conversion Cycle16

    +7 days since Mar 2021

    Working Capital Days-15

    +78 days since Mar 2021

    Strengths, risks & growth

    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]

    Strengths

    • Company has been maintaining a healthy dividend payout of 19.8%

    Risks

    • Stock is trading at 3.09 times its book value
    • Promoter holding has decreased over last quarter: -1.02%
    • Company has a low return on equity of 8.97% over last 3 years.
    • Earnings include an other income of Rs.18,981 Cr.

    Compounded Sales Growth

    10 Years
    +16%
    5 Years
    +18%
    3 Years
    +4%
    TTM
    +12%

    Compounded Profit Growth

    10 Years
    +24%
    5 Years
    +3%
    3 Years
    +35%
    TTM
    +136%

    Stock Price CAGR

    10 Years
    +22%
    5 Years
    +13%
    3 Years
    +16%
    1 Year
    +15%

    Return on Equity

    10 Years
    +15%
    5 Years
    +13%
    3 Years
    +9%
    Last Year
    +10%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter45.31%45.31%45.31%44.29%-1.02 pp
    FII25.56%25.38%25.38%25.92%+0.54 pp
    DII10.87%11.06%11.16%11.49%+0.33 pp
    Government0.51%0.51%0.51%0.51%0.00 pp
    Public17.62%17.56%17.47%17.62%+0.15 pp
    Others0.12%0.20%0.19%0.18%-0.01 pp

    Filed with NSE for Jun 2026: promoters 44.29%, public 55.52% · XBRL filing

    Analysts & fund holdings

    66%
    66% recommend buy
    32 analysts cover the stock
    Valuation vs Metals & Mining
    P/E12.1 vs 24.9
    Sector P/B3.12
    Beta1.16

    Who holds the shares, quarter by quarter

    Mutual funds 5.89% (+0.56 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters44.3%
    • Foreign institutions25.9%
    • Mutual funds5.9%
    • Insurance5.5%
    • Other domestic institutions0.1%
    • Retail3.4%
    • Others14.9%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HDFC Flexi Cap Fund0.52%1.45%-0.09 pp
    SBI Arbitrage Fund0.24%1.59%+0.04 pp
    HDFC Arbitrage Fund0.19%2.37%0.00 pp
    SBI Large Cap Fund0.13%0.74%+0.04 pp
    Kotak Arbitrage Fund0.12%0.52%-0.33 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 248 daily sessions to 11 Sept 2026.

    Computed

    Risk

    Volatility (1Y)
    23.6%
    Downside volatility
    24.6%
    Worst 5% of days
    2.9%
    Average of that tail
    3.7%
    Max drawdown (1Y)
    13.4%
    Below its peak
    5.7%

    Against the market

    Beta vs Nifty 50
    1.16
    Correlation
    0.64
    Relative strength (3M)
    -0.5%
    ATR (14)
    2.0%

    Return

    Return 1M
    -0.8%
    Return 3M
    -2.4%
    Return 6M
    +4.2%
    Return 1Y
    —
    vs 200-day average
    +3.1%

    Momentum

    RSI (14)
    40.6
    MACD histogram
    -5.66
    Stochastic %K
    0.0
    ADX (14)
    27.5
    +DI / −DI
    19.1 / 19.5
    Money flow index
    51.6

    Participation

    Delivery (20d avg)
    53.3%
    vs its 60-day baseline
    -2.1 pts
    Volume vs 20-day
    -0.1σ
    Close vs day's VWAP
    -0.9%
    52-week position
    71 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 30 Jun 2026.

    Computed

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      ₹7.10

      Dividend - Rs 7.10 Per Share

      7 Jul 2026
      ex-date
    • dividend
      ₹2.80

      Dividend - Rs 2.80 Per Share

      8 Jul 2025
      ex-date
    • dividend
      ₹7.30

      Annual General Meeting/Dividend - Rs 7.30 Per Share

      9 Jul 2024
      ex-date
    • dividend
      ₹3.40

      Annual General Meeting/Dividend - Rs 3.40 Per Share

      11 Jul 2023
      ex-date
    • dividend
      ₹17.35

      Annual General Meeting/Dividend - Rs 17.35 Per Share

      4 Jul 2022
      ex-date
    • dividend
      ₹6.50

      Annual General Meeting/Dividend - Rs 6.50 Per Share

      5 Jul 2021
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      6 Jul 2020
      ex-date
    • dividend
      ₹4.10

      Annual General Meeting/Dividend Rs 4.10 Per Share

      8 Jul 2019
      ex-date
    • dividend
      ₹3.20

      Annual General Meeting / Dividend- Rs 3.20 Per Share

      6 Jul 2018
      ex-date
    • dividend
      ₹2.25

      Annual General Meeting/Dividend - Rs 2.25/- Per Share

      12 Jun 2017
      ex-date
    • other
      Not available — not reported in this filing

      Fv Splt Frm Rs 10 To Re 1

      4 Jan 2017
      ex-date
    • dividend
      ₹7.50

      Annual General Meeting/ Dividend - Rs 7.50/- Per Share

      4 Jul 2016
      ex-date
    • dividend
      ₹11.00

      Annual General Meeting/ Dividend - Rs 11/- Per Share

      6 Jul 2015
      ex-date
    • dividend
      ₹11.00

      Annual General Meeting / Dividend - Rs 11/- Per Share

      7 Jul 2014
      ex-date
    • dividend
      ₹10.00

      Annual General Meeting / Dividend - Rs.10/- Per Equity Share

      15 Jul 2013
      ex-date
    • dividend
      ₹7.50

      Annual General Meeting / Dividend - Rs. 7.50 Per Share

      12 Jul 2012
      ex-date
    • dividend
      ₹12.25

      Annual General Meeting And Dividend Rs.12.25 Per Share

      11 Jul 2011
      ex-date
    • dividend
      ₹9.50

      Agm/Dividend Rs 9.50 Per Share

      14 Jun 2010
      ex-date
    • other
      Not available — not reported in this filing

      Agm/Div-Re.1/- Per Share

      29 Jun 2009
      ex-date
    • dividend
      Not available — not reported in this filing

      Agm/Dividend - 140%

      21 May 2008
      ex-date

    Insider trades

    Last 12 months, market trades
    Net selling ₹7.5 Cr
    2 buys · ₹1,120
    98 sells · ₹7.5 Cr
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    JSW Steel Employees Welfare Trust ? OPJ ESOP Plan 2021 A/c
    Other · Market Sale
    		Sell122₹1.4 L2 Apr 2026
    JSW Steel Employees Welfare Trust ? JSWSL OPJ Samruddhi Plan 2021 A/c
    Other · Off Market
    		Sell3,602₹3,6022 Apr 2026
    JSW Steel Employees Welfare Trust ? JSWSL OPJ Samruddhi Plan 2021 A/c
    Other · Market Sale
    		Sell1₹1,1362 Apr 2026
    JSW Steel Employees Welfare Trust ? ESOP Plan 2016�� ��A/c
    Other · Off Market
    		Sell24,231₹24,2312 Apr 2026
    JSW Steel Employees Welfare Trust ? JSWSL OPJ Samruddhi Plan 2021 A/c
    Other · Off Market
    		Buy1,120₹1,1202 Apr 2026
    JSW Steel Employees Welfare Trust ? ESOP Plan 2016�� ��A/c
    Other · Off Market
    		Sell8,060₹8,0602 Apr 2026
    JSW Steel Employees Welfare Trust ? OPJ ESOP Plan 2021 A/c
    Other · Off Market
    		Sell3,125₹3,1252 Apr 2026
    JSW Steel Employees Welfare Trust ? JSWSL OPJ Samruddhi Plan 2021 A/c
    Other · Market Sale
    		Sell1,048₹11.8 L2 Apr 2026
    JSW Steel Employees Welfare Trust ? OPJ ESOP Plan 2021 A/c
    Other · Market Sale
    		Sell528₹6.0 L2 Apr 2026
    JSW Steel Employees Welfare Trust ? OPJ ESOP Plan 2021 A/c
    Other · Market Sale
    		Sell699₹8.1 L30 Mar 2026
    JSW Steel Employees Welfare Trust ? JSWSL OPJ Samruddhi Plan 2021 A/c
    Other · Market Sale
    		Sell43₹49,03330 Mar 2026
    JSW Steel Employees Welfare Trust ? JSWSL OPJ Samruddhi Plan 2021 A/c
    Other · Market Sale
    		Sell297₹3.3 L30 Mar 2026

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Publication regarding Petition Hearing Date before the Hon'ble NCLT in connection with the Scheme of Amalgamation of Piombino Steel Limited with JSW Steel Limited.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of Analayst/Institutional Investor Meetings.

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    JSW Steel Reports Consolidated Crude Steel Production of 24.65 Lakh Tonnes for August 2026.

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    India Ratings & Research (Ind-Ra) upgrades JSW Steel Limited and its Non-Convertible Debentures (NCD's) to IND AA+, Outlook stable.

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Advertisement for notice of loss of share certificate

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of Analyst/Institutional Investor Meetings

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

    Voting Results under Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Outcome of Court Convened Meeting

    Proceedings of the Meeting of Equity Shareholders of the Company convened as per the directions of the Hon'ble National Company Law Tribunal, Mumbai Bench

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    A new investor presentation unploaded on Company's website.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of analyst/Institutional Investor Meetings.

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    JSW Steel Reports Consolidated Crude Steel Production of 24.02 Lakh Tonnes for July 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Change in Senior Management

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of Analysts/Institutional Investor Meeting.

    Company Update
    Effectiveness Of The Scheme Of Amalgamation Of Subsidiaries With JSW Steel Limited.

    Effectiveness of the Scheme of Amalgamation of Amba River Coke Limited and Monnet Cement Limited and JSW Retail and Distribution Limited with JSW Steel Limited and their respective shareholders.

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    JSW Steel Achieves Global Investment Grade Status with Moody's Baa3 Rating.

    Filed with BSE (scrip 500228); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 25 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.