JSW Steel Analyst Rating
based on 32 analysts
50.00%
Buy
25.00%
Hold
25.00%
Sell
Based on 32 analysts offering long term price targets for JSW Steel. An average target of ₹977.41
Source: S&P Global Market Intelligence
JSW Steel Share analysis
JSW Steel price forecast by 32 analysts
Upside of5.11%
High
₹1255
Target
₹977.41
Low
₹700
JSW Steel target price ₹977.41, a slight upside of 5.11% compared to current price of ₹932.45. According to 32 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
JSW Steel revenue growth forecast
Expected growth rate Q1, FY2027:28.72%
Forecast
Actual
Including amortisation and stock based compensations
JSW Steel EPS growth forecast
EPS estimate Q1, FY2027:157.36%
Forecast
Actual
Source: S&P Global Market Intelligence
JSW Steel Performance
Day's Low
Day's High
₹925.15Day's Price Range₹95352 Week's Low
52 Week's High
₹761.7552-Week Price Range₹1,063
| Returns % | |
| 1 Month Return | + 0.87 % |
| 3 Month Return | -2.94 % |
| 1 Year Return | + 14.49 % |
| Market Stats | |
| Previous Close | ₹929.90 |
| Open | ₹930.00 |
| Volume | 35.39L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,27,402.76Cr |
JSW Steel Key Statistics
| P/E Ratio | 45.32 |
| PEG Ratio | -2.54 |
| Market Cap | ₹2,27,402.76 Cr |
| P/B Ratio | 3.37 |
| EPS | 29.42 |
| Dividend Yield | 1.1 |
| Sector | Steel |
| ROE | 11.57 |
JSW Steel Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹2,27,402.76 Cr | 48.4% | 0.73 | ₹8,973 Cr | ₹1,75,006 Cr | |
| BUY | ₹1,36,687.55 Cr | 39.23% | 0.57 | ₹10,155 Cr | ₹2,15,962 Cr | |
| BUY | ₹1,62,747.74 Cr | 33.94% | 0.64 | -₹4,910 Cr | ₹2,29,170 Cr | |
| BUY | ₹1,74,598.83 Cr | 37.28% | 0.74 | ₹7,537 Cr | ₹1,43,727 Cr | |
| ₹45,080.55 Cr | 22.76% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr |
About JSW Steel
JSW Steel Ltd is India's leading integrated steel manufacturer, with operations across the steel value chain, from mining to manufacturing and distribution. It has a diverse portfolio of products, including flat and long steel products, galvanised and colour-coated products, and value-added products. Its top products are hot-rolled coils, cold-rolled coils, galvanised coils, colour-coated coils, and bars and rods.
JSW Steel Ltd also owns popular brands such as JSW NeoSteel, JSW Colouron+, JSW Vishwas, JSW Pragati, JSW Pristine, JSW Neosteel TMT, JSW Neosteel Structural, JSW Neosteel High Strength, JSW Neosteel High Performance, JSW Neosteel Ultra High Strength, and JSW Neosteel Ultra High Performance. These brands are renowned for their superior quality and performance.
Share Price: ₹932.45 per share as on 24 Jan, 2025 04:01 PM
Market Capitalisation: ₹2,27,402.76Cr as of today
Revenue: ₹40,793.00Cr as on December 2024 (Q4 24)
Net Profit: ₹719.00Cr as on December 2024 (Q4 24)
Listing date: 14 Jun, 1995
Chairperson Name: Sajjan Jindal
| Organisation | JSW Steel |
| Headquarters | |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for JSW Steel Ltd
JSW Steel Faces Challenges Amid Major Investments - 22 Jan, 2025
JSW Steel is set to announce Q3 results amid forecasts of significant profit declines. Meanwhile, the JSW Group plans a Rs 3 lakh crore investment in Maharashtra, focusing on EV and green energy sectors. Analysts recommend buying shares with specific target prices.JSW Steel's Q3 Preview and EV Market Entry - 21 Jan, 2025
JSW Steel is set to report a significant decline in Q3 net profit due to weaker realizations. Additionally, the company plans to enter the EV market by 2027, emphasizing sustainable transportation. The International Steel Pavilion highlighted JSW's advancements in automotive steel.JSW Steel Gains Amid Acquisition Plans - 20 Jan, 2025
JSW Steel's group entity aims to raise ₹2,600 crore through bonds for acquiring Thyssenkrupp Electrical Steel India. The stock gains 1.05%, marking its third straight session of growth.JSW Steel Set to Announce Financial Results - 19 Jan, 2025
JSW Steel is among several key Nifty-50 companies expected to release their financial results this week, indicating potential market movements.JSW Steel Engages in Green Hydrogen Financing - 16 Jan, 2025
JSW Steel's stock is currently priced at Rs. 909, reflecting a 9.30% annual gain. The company is supported by Bank of Baroda's financing for a major green hydrogen project.JSW Steel Discharged from Coal Block Case - 15 Jan, 2025
JSW Steel Ltd was discharged from a coal block case involving alleged irregularities in allocation. The court recognized its immunity under the insolvency code.JSW Steel Gains Amid Strong Metal Sector Performance - 14 Jan, 2025
On January 14, 2025, JSW Steel's stock rose by 2.42% to ₹905.15, showcasing robust performance in the metal sector, despite legal developments.JSW Steel Shows Potential for Upward Movement - 11 Jan, 2025
JSW Steel is currently priced at ₹900.10, indicating buying interest after bouncing from a support zone. A buy recommendation is given with a target of ₹980 and a stop-loss at ₹860, supported by a positive RSI and potential breakout above key moving averages.JSW Steel Reports Record Production and Adjusted Targets - 10 Jan, 2025
JSW Steel achieved record quarterly production of 7.03 million tonnes in Q3 FY25, with a new target price of ₹1,010 set by JP Morgan. The introduction of safeguard duties may enhance competitiveness.JSW Steel's Mozambique Coal Deal Faces Legal Issues - 08 Jan, 2025
JSW Steel's planned acquisition of Minas de Revuboè in Mozambique, valued at $50 billion, is stalled due to a legal dispute over mining rights.JSW Steel Faces Tax Demand from GST Department - 03 Jan, 2025
JSW Steel Limited is facing a tax demand of ₹1.29 crore from the GST Department for FY 2017-18, related to excess Input Tax Credit claims. The company intends to challenge this order.JSW Steel Supports Safeguard Duty Application - 02 Jan, 2025
The Indian Steel Association, including JSW Steel, has filed an application for safeguard duty on imports under the customs tariff Act, 1975, to protect domestic producers.JSW Steel Shares Decline Amid Legislative Changes - 26 Dec, 2024
Since the introduction of a new bill on December 16, JSW Steel shares have fallen by 8%. The company faces potential cost increases, particularly from NMDC, impacting its operations.
Insights on JSW Steel Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 439.0 Cr → 717.0 Cr (in ₹), with an average increase of 38.8% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 10.52% to 10.66% in Sep 2024 quarter
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 44.81% to 44.84% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 39.83K Cr → 41.53K Cr (in ₹), with an average increase of 4.1% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Lloyds Metals & Energy Ltd has given 1015.9% return, outperforming this stock by 986.4%
- NO EFFECT
Against Peers
In the last 1 year, Lloyds Metals & Energy Ltd has given 138.3% return, outperforming this stock by 131.2%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 3.58% to 3.57% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 18.30% to 18.21% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, JSWSTEEL stock has moved down by -3.1%
News
JSW Steel Reports Significant Profit Dip Amid Rising Expenses
JSW Steel announced a dramatic plunge in its net profit for the December quarter, with earnings dwindling by over 70% to Rs 719 crore, primarily due to escalating expenses. This marks a sharp contrast to the Rs 2,450 crore profit from the same period last year. Despite the downturn, JSW Steels steel production and sales witnessed growth, with a 2% increase in crude steel output year-on-year, and a 12% rise in sales. The companys revenues saw a minor decline from Rs 42,134 crore to Rs 41,525 crore, while expenses rose significantly. JSW Steel is actively expanding its projects, including the 30 MTPA slurry pipeline in Odisha. International operations faced mixed results, with certain facilities incurring losses due to lower sales realisation.24 Jan, 2025 08:40 PMJSW Steel Q3 Profit Plunges 71% on Lower Realisation
Hit by large scale imports and sharp fall in prices, JSW Steel has reported that its December quarter net profit plunged 71 per cent to ₹719 crore against ₹2,450 crore logged in the same period last year, largely due to lower realisation. Revenue was down at ₹40,793 crore (₹41,337 crore). Overall expenses increased to ₹40,250 crore (₹38,815 crore). The companys operating EBITDA in India was down 20 per cent at ₹5,564 crore (₹7,180 crore), while EBITDA per tonne dipped to ₹8,516. In India, the companys revenue dipped to ₹39,440 crore (₹39,715 crore) while EBITDA slipped 20 per cent to ₹5,564 crore (₹6,923 crore) due to pricing pressures. The Electric arc furnace-based steel making facility in Ohio, US produced 2.32 lakh tonne of slabs during the quarter at a capacity utilisation of 64 per cent. It reported EBITDA loss of $16 million against loss of $6 million due to lower sales realisation. The plate and pipe mill in Texas, US, reported capacity utilisation of 43 per cent and 8 per cent, respectively, in the quarter under review. It reported an EBITDA loss of $2 million (profit of $19 million) due to lower sales realisation as prices of plates declined during the quarter. The Italy-based long product facility reported lower EBITDA of euro 1.85 million (profit of euro 17 million) for the quarter due to lower sales volumes and decline in realisation. As of December quarter, net debt was down by ₹1,884 crore at ₹80,921 crore compared to September quarter on cash generated from operations and release of working capital. JSW Steel expects the growth momentum to pick up in March quarter, supported by a recovery in government capital expenditure. Inflation is anticipated to ease in the coming months with improved food supplies, creating room for the RBI to begin monetary policy easing, it said.24 Jan, 2025 07:48 PMJSW Steel Reports 70% Decline in Net Profit for Q3 FY25
JSW Steel on Friday reported a 70 per cent year-on-year decline in net profit to Rs 717 crore for the October-December quarter of the current financial year, compared to the corresponding figure of Rs 2,450 crore for the same quarter of the previous financial year. The steel majors revenue from operations declined by over 1 per cent year-on-year to Rs 41,378 crore for the third quarter. The company recorded its highest-ever quarterly crude steel production at 7.03 million tonnes during the period. Saleable steel sales stood at 6.71 million tonnes. Earnings before interest, tax, depreciation, and amortisation (EBITDA) came in at Rs 5,579 crore for the quarter, according to its quarterly filing. JSW Steels balance sheet remains stable, with a net debt-to-equity ratio of 1.00x and a net debt-to-EBITDA ratio of 3.57 times. The decline in steel prices due to the increase in cheap imports flowing into the country from countries such as China and Vietnam has impacted the bottomline. Steel imports remained elevated in Q3, even though it declined 10.8 per cent QoQ to 2.83 million tonnes (MT). However, for the first 9 months of FY25, imports increased 16.7 per cent year-on-year to 8.21 million tonnes. Exports in Q3 grew 44 per cent quarter-on-quarter to 1.82 MT, while exports for 9 months of FY25 fell 16.5 per cent to 4.58 MT, the company said. Consequently, India remained a net importer of steel in Q3 as well for the first 9 months of FY25. To address rising steel imports, the Director General of Trade Remedies (DGTR) has initiated trade Investigations including safeguard and anti-dumping probes which are ongoing, the company statement added. In Q3 FY25, Indias crude steel production rose by 3.5 per cent year-on-year to 37.38 MT. Steel consumption grew by 6.8 per cent year-on-year to 38.46 MT, witnessing some slowdown compared to the 13.6 per cent growth in H1. A recovery in government capex is expected to aid growth in the steel sector during the next quarter.24 Jan, 2025 07:44 PMJSW Steel Financials
Index Inclusions
JSW Steel Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 44.84% | 0.08 | |
| Foreign Institutions | 10.66% | 1.33 | |
| Mutual Funds | 3.57% | ||
| Retail Investors | 18.21% | ||
| Others | 22.72% |
JSW Steel Key Indicators
JSW Steel Valuation
JSW Steel in the last 5 years
Lowest (6.15x)
May 25, 2022
Industry (22.79x)
January 23, 2025
Today (45.32x)
January 23, 2025
Highest (63.07x)
December 28, 2020
JSW Steel Earnings and Dividends
JSW Steel Ltd Earnings Results
JSW Steel Ltd’s net profit fell -84.09% since last year same period to ₹439Cr in the Q2 2024-2025. On a quarterly growth basis, JSW Steel Ltd has generated -48.05% fall in its net profits since last 3-months.
Read More about Earnings ResultsJSW Steel Ltd Dividends May,2024
In the quarter ending March 2024, JSW Steel Ltd has declared dividend of ₹7.30 - translating a dividend yield of 1.15%.
Read More about Dividends
JSW Steel Technicals Summary
Bearish
Neutral
Bullish
JSW Steel Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on JSW Steel Ltd
JSW Steel Ltd share price today stands at ₹932.45, Open. ₹930 ; Previous Close. ₹929.9 ; High. ₹953 ; Low. ₹925.15 ; 52 Week High. ₹1063 ; 52 Week Low: ₹761.75.
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JSW Steel Ltd is listed on NSE
JSW Steel Ltd is listed on BSE
- Today’s highest price of JSW Steel Ltd is ₹953.
- Today’s lowest price of JSW Steel Ltd is ₹925.15.
PE Ratio of JSW Steel Ltd is 45.32
PE ratio = JSW Steel Ltd Market price per share / JSW Steel Ltd Earnings per share
Today’s traded volume of JSW Steel Ltd(JSWSTEEL) is 35.39L.
Today’s market capitalisation of JSW Steel Ltd(JSWSTEEL) is ₹227402.76Cr.
| JSW Steel Ltd(JSWSTEEL | Price |
|---|---|
52 Week High | ₹1063 |
52 Week Low | ₹761.75 |
JSW Steel Ltd(JSWSTEEL) share price is ₹932.45. It is down -12.28% from its 52 Week High price of ₹1063
JSW Steel Ltd(JSWSTEEL) share price is ₹932.45. It is up 22.41% from its 52 Week Low price of ₹761.75
| JSW Steel Ltd(JSWSTEEL | Returns |
|---|---|
1 Day Returns | 2.55% |
1 Month Returns | 0.87% |
3 Month Returns | -2.94% |
1 Year Returns | 14.49% |