Market Cap ₹223759 Cr.
Stock P/E 24.9
P/B 2.8
Current Price ₹915
Book Value ₹ 325.5
Face Value 1
52W High ₹1063.4
Dividend Yield 0.8%
52W Low ₹ 762
JSW Steel Limited is a holding company. The Company is engaged within the business of manufacturing and distribution of iron and metal merchandise. Its product portfolio in flat and long steel merchandise consists of hot rolled coils, sheets and plates; cold rolled coils and sheets; galvanized and galvalume merchandise; tinplate's; non-grain orientated electric metallic; pre-painted galvanized and galvalume merchandise; thermo-mechanically handled (TMT) bars; cord rods; rails; grinding balls, and unique metal bars. Its color lined and roofing merchandise are available under JSW Radiance, JSW Colouron+, JSW Everglow and JSW Pragati+ manufacturers. Its alloy-based sheets are to be had underneath JSW Vishwas and JSW Vishwas+ brands. Its tinplate product is available underneath JSW Platina logo. Its TMT bars is to be had underneath JSW Neosteel logo. It operates over three iron and steel production plants across Vijayanagar (Karnataka), Dolvi (Maharashtra) and Salem (Tamil Nadu).
Price goes above X
Price falls below X
PE goes above X
PE falls below X
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| #(Fig in Cr.) | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 38086 | 41778 | 39134 | 46962 | 42213 | 44584 | 41940 | 46269 | 42943 | 39684 |
| Other Income | 189 | 188 | 188 | 465 | 331 | 237 | 194 | 242 | 164 | 153 |
| Total Income | 38275 | 41966 | 39322 | 47427 | 42544 | 44821 | 42134 | 46511 | 43107 | 39837 |
| Total Expenditure | 33777 | 40026 | 34587 | 39023 | 35167 | 36698 | 34760 | 40145 | 37433 | 34247 |
| Operating Profit | 4498 | 1940 | 4735 | 8404 | 7377 | 8123 | 7374 | 6366 | 5674 | 5590 |
| Interest | 1422 | 1523 | 1819 | 2138 | 1963 | 2084 | 1996 | 2062 | 2073 | 2130 |
| Depreciation | 1778 | 1805 | 1882 | 2009 | 1900 | 2019 | 2059 | 2194 | 2209 | 2267 |
| Exceptional Income / Expenses | 0 | 591 | 0 | 0 | 0 | 589 | 0 | 0 | 0 | -342 |
| Profit Before Tax | 1298 | -797 | 1034 | 4257 | 3514 | 4609 | 3319 | 2110 | 1392 | 851 |
| Provision for Tax | 442 | 62 | 504 | 508 | 1052 | 1812 | 853 | 690 | 513 | 385 |
| Profit After Tax | 856 | -859 | 530 | 3749 | 2462 | 2797 | 2466 | 1420 | 879 | 466 |
| Adjustments | -18 | 11 | -40 | -85 | -124 | -37 | -51 | -121 | -34 | -27 |
| Profit After Adjustments | 838 | -848 | 490 | 3664 | 2338 | 2760 | 2415 | 1299 | 845 | 439 |
| Adjusted Earnings Per Share | 3.5 | -2.8 | 2 | 12.2 | 9.7 | 9 | 9.9 | 4.3 | 3.5 | 1.4 |
| #(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 51220 | 52972 | 41546 | 55604 | 71933 | 84757 | 73326 | 79839 | 146371 | 165960 | 175006 | 170836 |
| Other Income | 86 | 258 | 635 | 153 | 167 | 204 | 546 | 696 | 1531 | 1030 | 1004 | 753 |
| Total Income | 51305 | 53230 | 42181 | 55757 | 72100 | 84961 | 73872 | 80535 | 147902 | 166990 | 176010 | 171589 |
| Total Expenditure | 42054 | 43716 | 35599 | 43431 | 57139 | 65805 | 61453 | 59802 | 107364 | 147413 | 146770 | 146585 |
| Operating Profit | 9251 | 9514 | 6581 | 12326 | 14961 | 19156 | 12419 | 20733 | 40538 | 19577 | 29240 | 25004 |
| Interest | 3048 | 3493 | 3601 | 3768 | 3701 | 3917 | 4265 | 3957 | 4968 | 6902 | 8105 | 8261 |
| Depreciation | 3183 | 3434 | 3323 | 3430 | 3387 | 4041 | 4246 | 4679 | 6001 | 7474 | 8172 | 8729 |
| Exceptional Income / Expenses | -1713 | -47 | -2125 | 0 | -264 | 0 | -805 | -83 | -741 | 591 | 589 | -342 |
| Profit Before Tax | 1308 | 2539 | -2468 | 5128 | 7651 | 11168 | 3013 | 12015 | 29745 | 5655 | 13380 | 7672 |
| Provision for Tax | 920 | 819 | -1966 | 1674 | 1538 | 3644 | -906 | 4142 | 8807 | 1516 | 4407 | 2441 |
| Profit After Tax | 388 | 1720 | -501 | 3454 | 6113 | 7524 | 3919 | 7873 | 20938 | 4139 | 8973 | 5231 |
| Adjustments | 64 | 77 | 166 | 69 | 101 | 115 | 111 | 38 | -273 | 5 | -161 | -233 |
| Profit After Adjustments | 452 | 1797 | -335 | 3523 | 6214 | 7639 | 4030 | 7911 | 20665 | 4144 | 8812 | 4998 |
| Adjusted Earnings Per Share | 1.8 | 7.3 | -1.4 | 14.7 | 25.8 | 31.8 | 16.8 | 32.8 | 86.1 | 17.3 | 36.1 | 19.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 5% | 30% | 16% | 13% |
| Operating Profit CAGR | 49% | 12% | 9% | 12% |
| PAT CAGR | 117% | 4% | 4% | 37% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 7% | 12% | 28% | 24% |
| ROE Average | 13% | 19% | 17% | 14% |
| ROCE Average | 14% | 17% | 15% | 13% |
| #(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 21938 | 23054 | 18965 | 22647 | 27998 | 34795 | 36599 | 45610 | 67297 | 65695 | 77669 |
| Minority's Interest | 167 | 98 | -195 | -246 | -464 | -450 | -575 | -619 | 1238 | 1344 | 2107 |
| Borrowings | 26703 | 33677 | 35469 | 32416 | 31723 | 29656 | 44673 | 49731 | 57929 | 61966 | 67354 |
| Other Non-Current Liabilities | 3093 | 3571 | 2181 | 3628 | 3749 | 8788 | 7435 | 9142 | 12470 | 11571 | 14703 |
| Total Current Liabilities | 25739 | 25255 | 25486 | 29560 | 28964 | 42008 | 43688 | 43299 | 57551 | 69963 | 66065 |
| Total Liabilities | 77640 | 85654 | 81907 | 88005 | 91970 | 114797 | 131820 | 147163 | 196485 | 210539 | 227898 |
| Fixed Assets | 47046 | 52176 | 56140 | 58730 | 57848 | 62644 | 61861 | 64658 | 99700 | 104366 | 112321 |
| Other Non-Current Assets | 15144 | 14340 | 11030 | 7999 | 10930 | 18598 | 33481 | 46653 | 31411 | 38023 | 51043 |
| Total Current Assets | 15450 | 18817 | 14737 | 21265 | 23189 | 33543 | 36469 | 35844 | 65366 | 68146 | 64533 |
| Total Assets | 77640 | 85654 | 81907 | 88005 | 91970 | 114797 | 131820 | 147163 | 196485 | 210539 | 227898 |
| #(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 302 | 579 | 944 | 833 | 917 | 582 | 5581 | 3966 | 11943 | 8808 | 15424 |
| Cash Flow from Operating Activities | 2594 | 7876 | 6897 | 7888 | 12379 | 14633 | 12785 | 18831 | 26270 | 23323 | 12078 |
| Cash Flow from Investing Activities | -5671 | -7370 | -3854 | -5094 | -4529 | -11448 | -19586 | -9827 | -15987 | -10711 | -14638 |
| Cash Flow from Financing Activities | 3300 | -169 | -3151 | -2710 | -8185 | 1753 | 5189 | -1444 | -14657 | -5977 | -5005 |
| Net Cash Inflow / Outflow | 223 | 337 | -108 | 84 | -335 | 4938 | -1612 | 7560 | -4374 | 6635 | -7565 |
| Closing Cash & Cash Equivalent | 579 | 913 | 833 | 917 | 582 | 5581 | 3966 | 11943 | 8808 | 15424 | 8030 |
| # | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 1.75 | 7.32 | -1.4 | 14.68 | 25.78 | 31.83 | 16.79 | 32.83 | 86.1 | 17.27 | 36.11 |
| CEPS(Rs) | 14.77 | 21.32 | 11.76 | 28.68 | 39.42 | 48.19 | 34.02 | 52.08 | 112.25 | 48.39 | 70.27 |
| DPS(Rs) | 1.1 | 1.1 | 0.75 | 2.25 | 3.2 | 4.1 | 2 | 6.5 | 17.35 | 3.4 | 7.3 |
| Book NAV/Share(Rs) | 87.34 | 90.63 | 78.81 | 94.05 | 115.75 | 144.35 | 151.73 | 188.51 | 279.15 | 271.78 | 316.24 |
| Core EBITDA Margin(%) | 16.53 | 16.1 | 12.93 | 20.11 | 20.21 | 22.36 | 16.19 | 25.1 | 26.65 | 11.18 | 16.13 |
| EBIT Margin(%) | 7.86 | 10.49 | 2.47 | 14.7 | 15.51 | 17.8 | 9.93 | 20.01 | 23.72 | 7.57 | 12.28 |
| Pre Tax Margin(%) | 2.36 | 4.42 | -5.37 | 8.47 | 10.45 | 13.18 | 4.11 | 15.05 | 20.32 | 3.41 | 7.65 |
| PAT Margin (%) | 0.7 | 2.99 | -1.09 | 5.71 | 8.35 | 8.88 | 5.34 | 9.86 | 14.3 | 2.49 | 5.13 |
| Cash Profit Margin (%) | 6.44 | 8.96 | 6.14 | 11.37 | 12.98 | 13.64 | 11.14 | 15.72 | 18.4 | 7 | 9.8 |
| ROA(%) | 0.57 | 2.11 | -0.6 | 4.07 | 6.79 | 7.28 | 3.18 | 5.64 | 12.19 | 2.03 | 4.09 |
| ROE(%) | 2.04 | 7.99 | -2.46 | 16.65 | 24.22 | 24.06 | 11.03 | 19.24 | 37.25 | 6.26 | 12.6 |
| ROCE(%) | 9.13 | 10.27 | 1.86 | 13.95 | 16.97 | 20.17 | 8.17 | 15.51 | 28.08 | 8.91 | 13.96 |
| Receivable days | 14.48 | 15.21 | 20.75 | 20.73 | 22.07 | 25.55 | 29.03 | 20.55 | 14.89 | 16.05 | 15.31 |
| Inventory Days | 44.94 | 60.83 | 76.73 | 59.44 | 59.8 | 58.44 | 70.49 | 64.05 | 59.89 | 73.59 | 73.99 |
| Payable days | 36.36 | 42.5 | 56.92 | 48.51 | 50.31 | 54.24 | 66.21 | 84.25 | 65.45 | 52.47 | 56.09 |
| PER(x) | 59.03 | 12.4 | 0 | 12.78 | 11.17 | 9.2 | 8.72 | 14.25 | 8.51 | 39.85 | 23.02 |
| Price/Book(x) | 1.19 | 1 | 1.62 | 1.99 | 2.49 | 2.03 | 0.97 | 2.48 | 2.62 | 2.53 | 2.63 |
| Dividend Yield(%) | 1.06 | 1.21 | 0.59 | 1.2 | 1.11 | 1.4 | 1.37 | 1.39 | 2.37 | 0.49 | 0.88 |
| EV/Net Sales(x) | 1.17 | 1.11 | 1.73 | 1.57 | 1.5 | 1.32 | 1.13 | 2.06 | 1.56 | 1.35 | 1.58 |
| EV/Core EBITDA(x) | 6.47 | 6.18 | 10.92 | 7.08 | 7.2 | 5.82 | 6.64 | 7.93 | 5.63 | 11.4 | 9.44 |
| Net Sales Growth(%) | 34.05 | 3.42 | -21.57 | 33.84 | 29.37 | 17.83 | -13.49 | 8.88 | 83.33 | 13.38 | 5.45 |
| EBIT Growth(%) | 9.81 | 38.48 | -81.21 | 684.81 | 27.61 | 32.88 | -51.75 | 119.46 | 117.34 | -63.83 | 71.1 |
| PAT Growth(%) | -66.38 | 343.26 | -129.16 | 788.8 | 76.98 | 23.08 | -47.91 | 100.89 | 165.95 | -80.23 | 116.79 |
| EPS Growth(%) | -58.15 | 317.09 | -119.11 | 1149.71 | 75.65 | 23.44 | -47.24 | 95.49 | 162.31 | -79.95 | 109.16 |
| Debt/Equity(x) | 1.58 | 1.67 | 2.23 | 1.93 | 1.41 | 1.37 | 1.63 | 1.42 | 1.04 | 1.21 | 1.11 |
| Current Ratio(x) | 0.6 | 0.75 | 0.58 | 0.72 | 0.8 | 0.8 | 0.83 | 0.83 | 1.14 | 0.97 | 0.98 |
| Quick Ratio(x) | 0.28 | 0.31 | 0.25 | 0.33 | 0.37 | 0.45 | 0.52 | 0.5 | 0.55 | 0.5 | 0.4 |
| Interest Cover(x) | 1.43 | 1.73 | 0.31 | 2.36 | 3.07 | 3.85 | 1.71 | 4.04 | 6.99 | 1.82 | 2.65 |
| Total Debt/Mcap(x) | 1.39 | 1.73 | 1.36 | 0.96 | 0.57 | 0.67 | 1.68 | 0.57 | 0.4 | 0.47 | 0.42 |
| # | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 45.02 | 45.19 | 45.19 | 45.4 | 45.4 | 44.8 | 44.81 | 44.81 | 44.81 | 44.84 |
| FII | 10.61 | 10.75 | 26.03 | 26 | 25.98 | 26.13 | 26.32 | 26.05 | 25.51 | 25.65 |
| DII | 9.58 | 9.76 | 9.86 | 9.99 | 10.11 | 10.02 | 10 | 10.33 | 11.04 | 11.05 |
| Public | 34.79 | 34.3 | 18.92 | 18.6 | 18.5 | 19.06 | 18.87 | 18.81 | 18.64 | 18.46 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 108.81 | 109.24 | 109.24 | 109.75 | 109.75 | 109.54 | 109.58 | 109.57 | 109.57 | 109.65 |
| FII | 25.64 | 25.98 | 62.92 | 62.86 | 62.8 | 63.89 | 64.37 | 63.71 | 62.39 | 62.73 |
| DII | 23.16 | 23.59 | 23.83 | 24.16 | 24.45 | 24.51 | 24.45 | 25.26 | 27.01 | 27.03 |
| Public | 84.1 | 82.92 | 45.73 | 44.96 | 44.73 | 46.6 | 46.15 | 46 | 45.58 | 45.13 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 241.72 | 241.72 | 241.72 | 241.72 | 241.72 | 244.55 | 244.55 | 244.55 | 244.55 | 244.55 |
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