JSW Steel Limited (JSWSTEEL) AI Stock Analysis

• Market Cap: ₹2.87T
• Dividend Yield: 0.24%
• Average Volume (3M): 58.44K
• Price to Earnings (P/E): 59.0
• Beta (1Y): 1.02
• Revenue Growth: 2.14%
• EPS Growth: 20.37%
• Country: IN
• Employees: 13,301
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 6.64
• Shares Outstanding: 2,445,453,900
• 10 Day Avg. Volume: 54,447
• 30 Day Avg. Volume: 58,441
• PEG Ratio: -1.22
• Price to Book (P/B): 3.25
• Price to Sales (P/S): 1.55
• P/FCF Ratio: 31.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,150.63
• Price Target Upside: -1.05% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 73 Outperform
• Price Target: ₹1,163.00 ▲(0.02% Upside)

JSW Steel's overall score is driven by strong technical indicators, showcasing bullish momentum. Financial performance remains robust, though increased leverage is a concern. A high P/E ratio suggests potential overvaluation, balancing the strong market performance.

JSW Steel Limited Business Overview & Revenue Model

Company Description

JSW Steel Limited engages in the manufacture and sale of iron and steel products in India and internationally. The company provides hot rolled and cold-rolled coils, as well as galvanized, galvalume, and color coated products; and TMT bars, wire rods, and special alloy steel products. Its products are used in automotive, general engineering, machinery, and projects and construction applications. The company was formerly known as Jindal Vijayanagar Steel Limited and changed its name to JSW Steel Limited in June 2005. JSW Steel Limited was founded in 1982 and is based in Mumbai, India.

How the Company Makes Money

JSW Steel generates revenue primarily through the sale of steel products, which account for a significant portion of its earnings. The company produces various types of steel, including flat and long products, and caters to multiple sectors such as construction, automotive, and infrastructure. Additionally, JSW Steel engages in value-added products, which typically yield higher margins. The company also benefits from strategic partnerships and collaborations with other sectors, including infrastructure development, which further enhances its revenue streams. Furthermore, fluctuations in steel prices, demand-supply dynamics, and government policies related to the steel industry significantly influence its financial performance.

JSW Steel Limited Financial Statement Overview

Summary

JSW Steel demonstrates a solid financial foundation with stable revenue and profitability metrics, despite recent challenges. The balance sheet shows increased leverage, requiring careful debt management. Improved cash flow provides better financial flexibility.

Income Statement

JSW Steel's revenue has shown a mixed trend with a recent decline in 2025 after previous growth. The gross profit margin has remained reasonably strong over the years, reflecting efficient cost management, but the net profit margin has been volatile, influenced by fluctuating net income. The EBIT and EBITDA margins indicate relatively stable operating profitability, despite recent pressures.

Balance Sheet

The company's debt-to-equity ratio has been increasing, indicating rising leverage which could pose a risk if not managed carefully. However, the return on equity remains positive, demonstrating the company's ability to generate returns from shareholders' investments. The equity ratio suggests a moderate reliance on debt financing, which is typical for the steel industry.

Cash Flow

JSW Steel's free cash flow has improved significantly in 2025, recovering from a negative position in 2024. The operating cash flow to net income ratio indicates strong cash generation relative to net income, which is a positive indicator of liquidity. The free cash flow to net income ratio has also rebounded, suggesting improved financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.68T	1.67T	1.73T	1.64T	1.44T	780.59B
Gross Profit	561.15B	256.12B	633.02B	232.77B	650.82B	352.71B
EBITDA	248.49B	229.04B	297.29B	199.17B	394.09B	205.86B
Net Income	48.43B	35.04B	88.12B	41.44B	206.65B	79.11B
Balance Sheet
Total Assets	0.00	2.41T	2.28T	2.11T	1.96T	1.48T
Cash, Cash Equivalents and Short-Term Investments	184.82B	191.04B	123.51B	200.82B	159.52B	128.66B
Total Debt	0.00	987.52B	879.84B	1.07T	722.11B	667.01B
Total Liabilities	-816.66B	1.59T	1.48T	1.44T	1.28T	1.02T
Stockholders Equity	816.66B	794.96B	776.69B	656.95B	672.97B	456.10B
Cash Flow
Free Cash Flow	0.00	82.05B	-37.23B	85.39B	161.79B	95.31B
Operating Cash Flow	0.00	208.99B	120.78B	233.23B	262.70B	187.89B
Investing Cash Flow	0.00	-169.97B	-146.38B	-107.11B	-159.87B	-81.19B
Financing Cash Flow	0.00	-2.62B	-50.05B	-59.77B	-146.57B	-31.10B

JSW Steel Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1162.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JSWSTEEL, the sentiment is Positive. The current price of 1162.8 is above the 20-day moving average (MA) of 1149.55, above the 50-day MA of 1102.81, and above the 200-day MA of 1018.29, indicating a bullish trend. The MACD of 18.06 indicates Positive momentum. The RSI at 59.27 is Neutral, neither overbought nor oversold. The STOCH value of 65.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:JSWSTEEL.

JSW Steel Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VEDL	79 Outperform	₹1.87T	12.80	―	10.87%	6.36%	166.78%
JSWSTEEL	73 Outperform	₹2.87T	59.03	―	0.24%	2.14%	20.37%
JSL	73 Outperform	₹666.63B	25.90	―	0.38%	6.03%	-1.70%
SAIL	66 Neutral	₹542.75B	17.89	―	1.25%	-0.58%	3.36%
TATASTEEL	64 Neutral	₹2.17T	47.83	―	2.09%	-3.34%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
JINDALSTEL	57 Neutral	₹1.04T	34.93	―	0.20%	-5.12%	-47.40%