JSW Steel Limited (IN:JSWSTEEL)
:JSWSTEEL
Top Page
JSW Steel Limited
(JSWSTEEL)
Select Model
Select Model
Rating:66Neutral
Price Target:
₹1,370.00
▲(16.22% Upside)
Action:DowngradedDate:10/23/25
JSW Steel's overall stock score is driven primarily by its solid financial performance and positive technical indicators. However, the high P/E ratio suggests potential overvaluation, which tempers the overall score. The absence of earnings call and corporate events data means these factors did not influence the score.
Positive Factors
Integrated, diversified business
JSW Steel's integrated operations across steelmaking and downstream processing and its presence in flat and long products serve multiple end markets. This diversification supports steadier volumes and margin capture across cycles, reducing reliance on any single sector and providing durable revenue stability.
Negative Factors
Rising leverage
Increasing leverage raises interest and refinancing risk, reducing financial flexibility if steel demand weakens. Higher debt levels could constrain capex allocation to growth projects or integration of downstream capacity, and amplify earnings volatility during cyclical downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated, diversified business
JSW Steel's integrated operations across steelmaking and downstream processing and its presence in flat and long products serve multiple end markets. This diversification supports steadier volumes and margin capture across cycles, reducing reliance on any single sector and providing durable revenue stability.
Read all positive factors
JSW Steel Limited (JSWSTEEL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹2.97T
Dividend Yield0.26%
Average Volume (3M)62.90K
Price to Earnings (P/E)33.2
Beta (1Y)1.02
Revenue Growth2.14%
EPS Growth20.37%
CountryIN
Employees13,301
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)8.75
Shares Outstanding2,445,453,900
10 Day Avg. Volume59,869
30 Day Avg. Volume62,901
Financial Highlights & Ratios
PEG Ratio-1.22
Price to Book (P/B)3.25
Price to Sales (P/S)1.53
P/FCF Ratio31.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,270.00Price Target Upside7.74% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)57.86
Revenue Forecast (FY)₹2.06T
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 r...
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 a...
JSW Steel Limited Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
68
Positive
Cash Flow
72
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.74T | 1.69T | 1.75T | 1.66T | 1.46T | 798.39B |
| Gross Profit | 695.00B | 671.06B | 709.11B | 630.73B | 715.40B | 391.48B |
| EBITDA | 265.35B | 230.42B | 283.70B | 202.44B | 392.38B | 197.54B |
| Net Income | 60.27B | 35.04B | 88.12B | 41.44B | 206.65B | 79.11B |
Balance Sheet | ||||||
| Total Assets | 2.50T | 2.41T | 2.28T | 2.11T | 1.96T | 1.48T |
| Cash, Cash Equivalents and Short-Term Investments | 189.33B | 191.04B | 123.51B | 200.82B | 159.52B | 128.66B |
| Total Debt | 1.01T | 987.52B | 879.84B | 1.07T | 722.11B | 667.01B |
| Total Liabilities | 1.65T | 1.59T | 1.48T | 1.44T | 1.28T | 1.02T |
| Stockholders Equity | 829.33B | 794.96B | 776.69B | 656.95B | 672.97B | 456.10B |
Cash Flow | ||||||
| Free Cash Flow | 51.57B | 82.05B | -37.23B | 85.39B | 161.79B | 95.31B |
| Operating Cash Flow | 119.92B | 208.99B | 120.78B | 233.23B | 262.70B | 187.89B |
| Investing Cash Flow | -79.38B | -169.97B | -146.38B | -107.11B | -159.87B | -81.19B |
| Financing Cash Flow | -55.98B | -2.62B | -50.05B | -59.77B | -146.57B | -31.10B |
JSW Steel Limited Technical Analysis
Positive
1178.75
Price Trends
1204.80
Positive
1174.46
Positive
1132.35
Positive
Market Momentum
-4.46
Negative
57.31
Neutral
91.47
Negative
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 1178.75 is above the 20-day moving average (MA) of 1155.16, below the 50-day MA of 1204.80, and above the 200-day MA of 1132.35, indicating a bullish trend. The MACD of -4.46 indicates Negative momentum. The RSI at 57.31 is Neutral, neither overbought nor oversold. The STOCH value of 91.47 is Negative, 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ₹2.91T | 10.33 | ― | 8.78% | 8.87% | 2.25% | |
73 Outperform | ₹686.08B | 40.58 | ― | 1.21% | 6.45% | 1.13% | |
71 Outperform | ₹643.01B | 20.86 | ― | 0.38% | 9.04% | 12.80% | |
69 Neutral | ₹2.58T | 20.88 | ― | 2.11% | -0.42% | 132.70% | |
66 Neutral | ₹2.97T | 33.24 | ― | 0.26% | 2.14% | 20.37% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | ₹1.24T | 140.76 | ― | 0.20% | -2.21% | -46.30% |
* Basic Materials Sector Average
IN:JSWSTEEL
JSW Steel Limited
1,215.20
209.41
20.82%
IN:JINDALSTEL
Jindal Steel & Power Ltd.
1,217.55
373.18
44.20%
IN:JSL
Jindal Stainless Limited
779.95
240.22
44.51%
IN:SAIL
Steel Authority of India Limited
166.10
54.15
48.37%
IN:TATASTEEL
Tata Steel Limited
206.60
73.26
54.94%
IN:VEDL
Vedanta Limited
745.10
389.95
109.80%
JSW Steel Limited Corporate Events
JSW Steel Completes BPSL Steel Business Transfer Ahead of JFE Joint Venture
Mar 27, 2026
JSW Steel has completed the transfer of the steel business undertaking of Bhushan Power and Steel Limited to its subsidiary, JSW Sambalpur Steel Limited, via a slump sale on a going concern basis. This move is part of a previously announced plan t...
JSW Steel Secures Key Coking Coal Source with Mozambique’s Minas de Revuboè Project
Mar 13, 2026
JSW Steel has launched the Minas de Revuboè coking coal mining project in Mozambique’s Moatize coal basin, marking a significant expansion of its global raw material footprint and India-Mozambique industrial ties. The project, in Tete P...
JSW Steel Opens Special Window for Transfer and Demat of Physical Shares
Mar 2, 2026
JSW Steel has notified the stock exchanges that it has published newspaper advertisements informing shareholders about a Special Window opened for the transfer and dematerialisation of physical securities. The move, undertaken in line with a recen...
CCI Clears JSW Steel–JFE Joint Venture for Bhushan Power and Steel Business
Jan 21, 2026
JSW Steel Limited has received approval from the Competition Commission of India for its proposed 50:50 strategic joint venture with Japan’s JFE Steel Corporation involving the steel business undertaking of Bhushan Power and Steel Limited. T...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.