JSW Steel Limited (JSWSTEEL) AI Stock Analysis

• Market Cap: ₹2.89T
• Dividend Yield: 0.24%
• Average Volume (3M): 62.90K
• Price to Earnings (P/E): 47.8
• Beta (1Y): 0.99
• 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: 59,869
• 30 Day Avg. Volume: 62,901
• PEG Ratio: -1.22
• Price to Book (P/B): 3.25
• Price to Sales (P/S): 1.53
• 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: ₹1,219.29
• Price Target Upside: 4.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹1,245.00 ▲(6.25% Upside)

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.

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, although recent challenges are evident. The balance sheet shows increased leverage, warranting careful debt management. Cash flow has improved, providing the company with better financial flexibility moving forward.

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	1.69T	1.69T	1.75T	1.66T	1.46T	798.39B
Gross Profit	699.24B	671.06B	709.11B	630.73B	715.40B	391.48B
EBITDA	245.44B	230.42B	283.70B	202.44B	392.38B	197.54B
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: 1171.75
• 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 1171.75 is above the 20-day moving average (MA) of 1169.99, above the 50-day MA of 1132.05, and above the 200-day MA of 1036.04, indicating a bullish trend. The MACD of 14.00 indicates Positive momentum. The RSI at 53.49 is Neutral, neither overbought nor oversold. The STOCH value of 42.98 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	78 Outperform	₹1.99T	16.51	―	10.00%	8.87%	2.25%
TATASTEEL	68 Neutral	₹2.24T	49.26	―	1.98%	-3.34%	―
JSL	67 Neutral	₹608.92B	23.66	―	0.41%	6.03%	-1.70%
JSWSTEEL	66 Neutral	₹2.89T	47.82	―	0.24%	2.14%	20.37%
SAIL	66 Neutral	₹570.43B	22.32	―	1.14%	6.45%	1.13%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
JINDALSTEL	57 Neutral	₹1.10T	39.92	―	0.19%	-2.21%	-46.30%

JSW Steel Limited Corporate Events

JSW Steel Releases Q2 2025 Financial Results

JSW Steel Limited has published its financial results for the quarter ending September 30, 2025, in leading newspapers. This disclosure, in compliance with SEBI regulations, reflects the company’s commitment to transparency and provides stakeholders with insights into its financial performance, potentially influencing market perceptions and investor decisions.

JSW Steel Affirms Regulatory Compliance for Q3 2025

JSW Steel Limited has confirmed compliance with Regulation 74(5) of the SEBI (Depository and Participants) Regulations, 2018, for the quarter ended September 30, 2025. This compliance, verified by KFin Technologies Limited, ensures that dematerialization requests are processed, securities are listed on stock exchanges, and records are updated, reinforcing the company’s commitment to regulatory standards.

JSW Steel’s Credit Rating Outlook Upgraded to Positive

JSW Steel Limited has received a positive revision in its credit rating outlook from Moody’s, reflecting its significant expansion in production capacity and strong market positioning as India’s largest steel producer. The company’s increased production capacity, strategic growth plans, and improved financial discipline are expected to drive higher earnings and support sustained improvement in its credit metrics, amidst a favorable market environment with reduced import competition and government protective measures.

JSW Steel Expands Economic Stake in M Res NSW

JSW Steel Limited has announced the acquisition of an additional economic interest in M Res NSW HCC Pty Ltd through its subsidiary, JSW Steel (Netherlands) B.V. This transaction, valued at $60 million, will increase JSW Steel’s economic interest in M Res NSW to 83.33% and its effective economic interest in Illawarra Metallurgical Coal to 30%. The move is expected to enhance JSW Steel’s offtake rights and strengthen its position in the metallurgical coal market, although it also increases the company’s future investment obligations.

JSW Steel Reports 19% Increase in July Crude Steel Production

JSW Steel Limited reported a consolidated crude steel production of 26.23 lakh tonnes for July 2025, marking a 19% year-over-year increase. The company achieved a capacity utilization of 92.5% in its Indian operations, reflecting strong operational efficiency. This production boost highlights JSW Steel’s robust growth trajectory and its strategic positioning in the global steel industry, which could positively impact stakeholders and reinforce its market leadership.