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JSW Steel Ltd

JSWSTEEL

JSW Steel Ltd

JSWSTEEL
MaterialsIron & Steel
LargecapWith a market cap of ₹2,47,116 cr, stock is ranked 35
Low RiskStock is 1.92x as volatile as Nifty
1,005.800.56% (+5.60)
1,005.800.56% (+5.60)

Price Chart

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1M
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Max
SIP
MaterialsIron & Steel
LargecapWith a market cap of ₹2,47,116 cr, stock is ranked 35
Low RiskStock is 1.92x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

MaterialsIron & Steel
LargecapWith a market cap of ₹2,47,116 cr, stock is ranked 35
Low RiskStock is 1.92x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
49.443.100.90%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
31.173.551.31%

Forecast & Ratings

Detailed Forecast 
61%
Analysts have suggested that investors can buy this stock

from 28 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

JSW Steel Limited is a holding company engaged in the business of production and distribution of iron and steel products.

Investor Presentation

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Nov 18, 2024

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 15.76%, vs industry avg of 9.86%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 16.02% to 22.49%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 2.9%, vs industry avg of 4.95%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue41,726.6555,756.0072,142.0084,961.0073,872.0080,432.001,48,819.001,67,581.001,76,599.001,71,589.00
Raw Materialssubtract21,181.0229,749.0038,781.0043,796.0039,000.0032,856.0062,871.0095,970.0094,754.001,47,115.00
Power & Fuel Costsubtract3,657.884,883.005,697.007,053.006,272.005,985.0011,289.0017,452.0015,127.00
Employee Costsubtract1,518.671,700.001,843.002,489.002,839.002,506.003,493.003,915.004,591.00
Selling & Administrative Expensessubtract332.82323.00277.00602.00450.00404.00557.001,018.00894.00
Operating & Other expensessubtract10,580.186,775.0010,805.0011,895.0013,787.0018,030.0029,895.0029,195.0031,576.00
Depreciation/Amortizationsubtract3,322.563,430.003,387.004,041.004,246.004,679.006,001.007,474.008,172.008,729.00
Interest & Other Itemssubtract3,601.183,768.003,701.003,917.004,265.003,957.004,968.006,902.008,105.008,261.00
Taxes & Other Itemssubtract-2,132.231,605.001,437.003,529.00-1,017.004,104.009,080.001,511.004,568.002,486.00
EPS-1.1111.7020.6125.3513.3826.2568.5113.7329.0216.37
DPS0.752.253.204.102.006.5017.353.407.307.30
Payout ratio—0.190.160.160.150.250.250.250.250.45

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

Jun 20PDF
May 27PDF
FY 2023

Annual report

PDF

Investor Presentation

Jun 1PDF
Feb 6PDF
Nov 14PDF
+3 more
FY 2025

Annual Report Pending

Investor Presentation

Nov 18PDF
Oct 25PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
JSW Steel Ltd28.043.100.90%
Tata Steel Ltd-42.292.032.39%
Jindal Steel And Power Ltd17.082.270.20%
Bharat Forge Ltd66.638.840.18%

Price Comparison

Compare JSWSTEEL with any stock or ETF
Compare JSWSTEEL with any stock or ETF
JSWSTEEL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding44.84%3.57%6.97%25.66%18.96%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep25.99%26.13%26.33%26.06%25.52%25.66%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding JSW Steel Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Flexi Cap Fund - Growth - Direct Plan

Growth
0.3196%1.22%1.22%21/61 (+38)
HDFC Manufacturing Fund - Growth - Direct Plan

Growth
0.1251%2.42%0.69%8/104 (+8)
SBI Flexicap Fund - Growth - Direct Plan

Growth
0.1169%1.30%0.08%58/111 (+2)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have JSW Steel Ltd

Events

Dividend Trend

No Trend In Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

JSWSTEEL has shown inconsistent dividend trend over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.90%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.02 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 9, 2024

Final
Final | Div/Share: ₹7.30

Dividend/Share

₹7.30

Ex DateEx Date

Jul 9, 2024

Cash Dividend

Ex DateEx DateJul 11, 2023

Final
Final | Div/Share: ₹3.40

Dividend/Share

₹3.40

Ex DateEx Date

Jul 11, 2023

Cash Dividend

Ex DateEx DateJul 4, 2022

Final
Final | Div/Share: ₹17.35

Dividend/Share

₹17.35

Ex DateEx Date

Jul 4, 2022

Cash Dividend

Ex DateEx DateJul 5, 2021

Final
Final | Div/Share: ₹6.50

Dividend/Share

₹6.50

Ex DateEx Date

Jul 5, 2021

Cash Dividend

Ex DateEx DateJul 6, 2020

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Jul 6, 2020

News & Opinions
Spotlight
JSW Steel gets Rs 64-cr show cause notice from GST Authority

The company received the demand order from Office of the Commissioner of GST and Central Excise, Belagavi Division, for Rs 64,47,20,900 for alleging non-payment of GST under RCM on upfront payments and monthly payments made to Government for assignment of mining rights for the period from July 2017 to July 2019 in Karnataka. The steel major stated that it has already discharged the appropriate tax liability under reverse charge along with applicable interest and the same were disclosed in the monthly returns prior to the issuance of the show cause notice. The company basis the judicial precedents available, believes that the penalty under Section 74(1) is not leviable. Accordingly, the aforesaid demand of penalty is proposed to be challenged in appeal. JSW Steel also added that there is no impact on the financials, operations or other activities of the company. JSW Steel, the flagship business of the diversified JSW Group, is India's leading integrated steel company. The company's net profit slumped 85.43% to Rs 404 crore on 10.90% decline in total revenue to Rs 39,684 crore in Q2 FY25 over Q2 FY24. The scrip shed 0.76% to Rs 1,005.35 on the BSE. Powered by Capital Market - Live

1 day agoCapital Market - Live
Spotlight
JSW Steel's crude steel production rises 5% YoY in Nov'24

Indian Operations rose 7% to 22.53 lakh tonnes in November 2024 as compared with 21.14 lakh tonnes in November 2023. The capacity utilization for Indian operations in the month of November 2024 stood at 94%. Ohio-based JSW Steel USA has reported steel production volume of 0.70 lakh tonnes for November 2024 as against 0.90 Lakh tonnes for November 2023. JSW Steel, the flagship business of the diversified JSW Group, is India's leading integrated steel company. The company's net profit slumped 85.43% to Rs 404 crore on 10.90% decline in total revenue to Rs 39,684 crore in Q2 FY25 over Q2 FY24. The scrip rose 0.65% to Rs 1,019.25 on the BSE. Powered by Capital Market - Live

2 days agoCapital Market - Live
Corporate
JSW Steel reports 5% growth in consolidated production in Nov'24

JSW Steel reported consolidated Crude Steel production for the month of November'24 at 23.23 lakh tonnes. Indian Operation production was higher by 7% YoY while consolidated Crude Steel production grew by 5% YoY. Capacity utilisation for November 24 at Indian Operations was stood at 94%. The break-up of production is as below: (lakh tonnes)   Particulars Nov'24  Nov'23   YoY   Indian Operations 22.53  21.4  7%    JSW Steel USA - Ohio 0.70  0.90      Consolidated Production 23.23  22.04  5%  Powered by Capital Market - Live

3 days agoCapital Market - Live
Spotlight
JSW Energy rises as arm bags LoA from NTPC for 400 MW solar power project

This award is part of NTPC's stariff-based competitive bid for 1,500 MW of ISTS-connected solar projects (NTPC-ISTS-III). With this new addition, JSW Energy's total locked-in generation capacity has increased to 19.6 GW, of which 4.4 GW is dedicated to solar projects. JSW Energy aims for a 10 GW operational capacity by FY 2025, currently operating 7.7 GW across thermal, hydro, and renewable energy. The company also has 16.2 GWh of energy storage capacity through battery storage and hydro-pumped storage projects. The company aims to reach 20 GW of generation capacity and 40 GWh of energy storage capacity before 2030. JSW Energy has set an ambitious target of achieving carbon neutrality by 2050. JSW Energy is primarily engaged in the business of generation of power, with principal places located at Vijayanagar (Karnataka), Ratnagiri (Maharashtra), Nandyal (Andhra Pradesh), and Salboni (West Bengal). The company's consolidated net profit marginally increased to Rs 853.25 crore in Q2 FY25 as against Rs 850.16 crore posted in Q2 FY24. Net sales marginally declined to Rs 3,237.66 crore in Q2 FY25 from Rs 3,259.42 crore reported in Q2 FY24.Powered by Capital Market - Live

3 days agoCapital Market - Live
Spotlight
JSW Steel Ltd Spikes 2.38%, BSE Metal index Rises 1.2%

JSW Steel Ltd rose 2.38% today to trade at Rs 1012.7. The BSE Metal index is up 1.2% to quote at 31298.57. The index is down 0.62 % over last one month. Among the other constituents of the index, APL Apollo Tubes Ltd increased 2.07% and Jindal Stainless Ltd added 1.81% on the day. The BSE Metal index went up 26.7 % over last one year compared to the 16.75% surge in benchmark SENSEX. JSW Steel Ltd has added 4.66% over last one month compared to 0.62% fall in BSE Metal index and 0.85% rise in the SENSEX. On the BSE, 3794 shares were traded in the counter so far compared with average daily volumes of 56254 shares in the past one month. The stock hit a record high of Rs 1063.35 on 04 Oct 2024. The stock hit a 52-week low of Rs 762 on 14 Mar 2024.Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
JSW Steel arm inks commercial agreement with Metinvest Adria

The business deal complies with the memorandum of understanding (MoU) signed on 1 March 2024, between JSW Steel Italy SrL and the Ministry of Industries and Made in Italy (MIMIT), which outlined the process for transferring rights over the northern portion of the property. According to the terms of the agreement, Metinvest must pay JSW Steel Italy Piombino SpA. a release fee of Euro 30 million as full payment for the deal. The performance and transfer of rights to Metinvest are subject to Metinvest complying with certain procedures with the Government and Institutions within a specific timeframe. Above commercial agreement is furtherance of the MoU and will lead towards realisation and execution of the Accordo Di Programma (AdP or The Program Agreement). As per the MoU, JSW and MIMIT have identified various areas of cooperation between JSW and the Government Institutions for the implementation of the Rail Mill Modernisation Project which includes revamping of the rolling mills, setting up hardening facility and increasing the length of the rails being produced to upto 120 meters. The cooperations with MIMIT and government institutions are aimed at the revival of the industrial site of Piombino as a steel hub. Meanwhile, in a separate filing, the company informed that it has been declared as the preferred bidder by the Office of the Director, Directorate of Mines & Geology, Government of Goa, for Codli Mineral Block XII at Dharbandora in Goa. The company is declared as 'preferred bidder' with highest final offer price at 92.60% of the value of mineral dispatched, it said. The projected iron ore resources are 48.5 million tonnes in addition to 2.7 million tonnes of ore in dumps, JSW Steel said. The firm will take all requisite steps to obtain letter of intent and statutory clearances to execute the lease deed with Mine Development and Production Agreement (MDPA) and start the mining operations. JSW Steel, the flagship business of the diversified JSW Group, is India's leading integrated steel company. The company's net profit slumped 85.43% to Rs 404 crore on 10.90% decline in total revenue to Rs 39,684 crore in Q2 FY25 over Q2 FY24. Shares of JSW Steel shed 0.81% to Rs 940 on the BSE.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
JSW Steel Italy SrL signs commercial agreement with Metinvest Adria

JSW Steel Italy SrL, a subsidiary of JSW Steel  today signed a Commercial Agreement with Metinvest Adria S.p.A. The Commercial Agreement is in line with the MoU dated 01 March 2024 signed between JSW Steel Italy SrL and The Ministry of Industries and Made in Italy(MIMIT) wherein the mechanism for the transfer of rights relating to the northern area of the property was defined. As per the Agreement, Metinvest is obliged to pay a release fee of Euro 30 Mn. to JSW Steel Italy Piombino SpA. as all inclusive consideration for the transaction. The performance and transfer of rights to Metinvest are subject to Metinvest complying with certain procedures with the Government and Institutions within a specific timeframe. Above commercial agreement is furtherance of the MoU and will lead towards realisation and execution of the Accordo Di Programma(AdP or The Program Agreement). As per the MoU, JSW and MIMIT have identified various areas of cooperation between JSW and the Government Institutions for the implementation of the Rail Mill Modernisation Project which includes Revamping of the Rolling Mills, Setting up Hardening Facility and Increasing the length of the Rails being produced to upto 120 meters. The cooperations with MIMIT and Government Institutions are aimed at revival of Industrial Site of Piombino as Steel Hub.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
JSW Steel terminates Banai & Bhalumuda Coal Block development and production agreement

In March 2023, JSW Steel had been declared as a 'Preferred Bidder' in respect of the auction of Banai & Bhalumuda Coal Block in Mand-Raigarh, upon acquisition and detailed feasibility study, this mine was not found suitable from a techno-commercial perspective for JSW Steel and hence the company decided not to go ahead with the investment to develop the Coal Block. Subsequently, the Coal Block Development and Production Agreement entered into by the company in respect of the said Block has been terminated by the Nomination Authority, Ministry of Coal, vide Order dated 07 November 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
JSW Steel records consolidated crude steel production of 22.81 lakh tonne for Oct'24

JSW Steel reported consolidated Crude Steel production for the month of October'24 at 22.81 Lakh tonnes. The total Crude Steel production was lower by 1% YoY. Capacity utilisation for the month at Indian Operations was affected by a temporary maintenance activity at one of the Blast furnaces at Dolvi, and stood at 89%. The blast furnace has since resumed full operations. The break-up of production is as below: (Lakh Tonnes)  Particulars  Oct'24 Oct'23  YoY    Indian Operations 21.99  22.36  -2%    JSW Steel USA - Ohio 0.82  0.76      Consolidated production 22.81  23.12  -1%  Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
JSW Steel's crude steel production at 22.81 lakh tonnes in Oct'24

Indian Operations fell 2% to 21.99 lakh tonnes in October 2024 as compared with 22.36 lakh tonnes in October 2023. Capacity utilisation for the month at Indian Operations was affected by a temporary maintenance activity at one of the blast furnaces at Dolvi, and stood at 89% Ohio-based JSW Steel USA has reported steel production volume of 0.82 lakh tonnes for October 2024 as against 0.76 Lakh tonnes for October 2023. JSW Steel, the flagship business of the diversified JSW Group, is India's leading integrated steel company. The company's net profit slumped 85.43% to Rs 404 crore on 10.90% decline in total revenue to Rs 39,684 crore in Q2 FY25 over Q2 FY24. The scrip rallied 4.73% to Rs 1000 on the BSE.Powered by Capital Market - Live

1 month agoCapital Market - Live