JSW Steel Limited (JSWSTEEL) AI Stock Analysis

• Market Cap: ₹2.75T
• Dividend Yield: 0.25%
• Average Volume (3M): 39.55K
• Price to Earnings (P/E): 56.6
• Beta (1Y): 1.09
• Revenue Growth: -3.82%
• EPS Growth: -34.04%
• Country: IN
• Employees: 13,301
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 8.93
• Shares Outstanding: 2,445,453,900
• 10 Day Avg. Volume: 50,125
• 30 Day Avg. Volume: 39,549
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹1,057.17
• Price Target Upside: -5.87% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 6

• Rating: 73 Outperform
• Price Target: ₹1,163.00 ▲(3.55% 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 is one of India's leading integrated steel manufacturers and a prominent global player in the steel industry. The company operates in various sectors including steel, energy, infrastructure, and cement. JSW Steel is known for its wide range of steel products, including hot rolled, cold rolled, galvanised, and pre-painted steel products, serving diverse industries such as automotive, construction, and appliances.

How the Company Makes Money

JSW Steel Limited primarily generates revenue through the production and sale of steel products. The company operates several manufacturing facilities across India with a strong emphasis on technological innovation and capacity expansion. Its revenue streams include the sale of flat and long steel products, as well as value-added steel products tailored to specific industry needs. Additionally, JSW Steel benefits from significant economies of scale and strategic partnerships, both domestically and internationally, that enhance its market presence and operational efficiency. The company's vertically integrated operations, from raw material sourcing to finished goods, allow it to optimize costs and strengthen its competitive position in the global steel market.

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	500.80B	535.21B	633.02B	454.03B	650.82B	352.71B
EBITDA	226.97B	229.04B	297.29B	199.17B	394.09B	205.86B
Net Income	35.04B	35.04B	88.12B	41.44B	206.65B	79.11B
Balance Sheet
Total Assets	2.41T	2.41T	2.28T	2.11T	1.96T	1.48T
Cash, Cash Equivalents and Short-Term Investments	191.04B	191.04B	123.51B	207.19B	173.91B	128.66B
Total Debt	987.52B	987.52B	879.84B	808.53B	722.11B	667.01B
Total Liabilities	1.59T	1.59T	1.48T	1.44T	1.28T	1.02T
Stockholders Equity	794.96B	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: 1123.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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 1123.1 is above the 20-day moving average (MA) of 1079.77, above the 50-day MA of 1059.37, and above the 200-day MA of 1000.96, indicating a bullish trend. The MACD of 18.23 indicates Negative momentum. The RSI at 69.43 is Neutral, neither overbought nor oversold. The STOCH value of 90.51 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VEDL	79 Outperform	1.78T	12.17	36.37%	11.31%	6.36%	166.78%
JSL	75 Outperform	641.26B	24.93	15.01%	0.39%	6.03%	-1.70%
JSWSTEEL	73 Outperform	₹2.75T	56.57		0.25%	-3.82%	-34.04%
SAIL	66 Neutral	562.58B	18.54	4.03%	1.18%	-0.58%	3.36%
TATASTEEL	64 Neutral	2.14T	47.13	3.75%	2.10%	-3.34%	0.00%
JINDALSTEL	57 Neutral	1.07T	35.74	5.96%	0.19%	-5.12%	-47.40%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%