JSW Steel Ltd
JSWSTEELJSW Steel Ltd
JSWSTEEL
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 31.86 | 2.92 | 0.96% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 32.34 | 3.67 | 1.15% |
Forecast & Ratings
Detailed Forecast from 27 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
JSW Steel Limited is a holding company engaged in the business of production and distribution of iron and steel products.
Peers
Compare with peersTata Steel Ltd
Jindal Steel And Power Ltd
Bharat Forge Ltd
Jindal Stainless Ltd
Steel Authority of India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 41,726.65 | 55,756.00 | 72,142.00 | 84,961.00 | 73,872.00 | 80,432.00 | 1,48,819.00 | 1,67,581.00 | 1,76,599.00 | 1,77,162.00 | ||||||||||
Raw Materials | 21,181.02 | 29,749.00 | 38,781.00 | 43,796.00 | 39,000.00 | 32,856.00 | 62,871.00 | 95,970.00 | 94,754.00 | 1,49,186.00 | ||||||||||
| Power & Fuel Cost | 3,657.88 | 4,883.00 | 5,697.00 | 7,053.00 | 6,272.00 | 5,985.00 | 11,289.00 | 17,452.00 | 15,127.00 | |||||||||||
| Employee Cost | 1,518.67 | 1,700.00 | 1,843.00 | 2,489.00 | 2,839.00 | 2,506.00 | 3,493.00 | 3,915.00 | 4,591.00 | |||||||||||
| Selling & Administrative Expenses | 332.82 | 323.00 | 277.00 | 602.00 | 450.00 | 404.00 | 557.00 | 1,018.00 | 894.00 | |||||||||||
| Operating & Other expenses | 10,580.18 | 6,775.00 | 10,805.00 | 11,895.00 | 13,787.00 | 18,030.00 | 29,895.00 | 29,195.00 | 31,576.00 | |||||||||||
EBITDA | 4,456.08 | 12,326.00 | 14,739.00 | 19,126.00 | 11,524.00 | 20,651.00 | 40,714.00 | 20,031.00 | 29,657.00 | 27,976.00 | ||||||||||
| Depreciation/Amortization | 3,322.56 | 3,430.00 | 3,387.00 | 4,041.00 | 4,246.00 | 4,679.00 | 6,001.00 | 7,474.00 | 8,172.00 | 8,481.00 | ||||||||||
| PBIT | 1,133.52 | 8,896.00 | 11,352.00 | 15,085.00 | 7,278.00 | 15,972.00 | 34,713.00 | 12,557.00 | 21,485.00 | 19,495.00 | ||||||||||
| Interest & Other Items | 3,601.18 | 3,768.00 | 3,701.00 | 3,917.00 | 4,265.00 | 3,957.00 | 4,968.00 | 6,902.00 | 8,105.00 | 8,215.00 | ||||||||||
| PBT | -2,467.66 | 5,128.00 | 7,651.00 | 11,168.00 | 3,013.00 | 12,015.00 | 29,745.00 | 5,655.00 | 13,380.00 | 11,280.00 | ||||||||||
| Taxes & Other Items | -2,132.23 | 1,605.00 | 1,437.00 | 3,529.00 | -1,017.00 | 4,104.00 | 9,080.00 | 1,511.00 | 4,568.00 | 3,961.00 | ||||||||||
| Net Income | -335.43 | 3,523.00 | 6,214.00 | 7,639.00 | 4,030.00 | 7,911.00 | 20,665.00 | 4,144.00 | 8,812.00 | 7,319.00 | ||||||||||
| EPS | -1.11 | 11.70 | 20.61 | 25.35 | 13.38 | 26.25 | 68.51 | 13.73 | 29.02 | 23.98 | ||||||||||
| DPS | 0.75 | 2.25 | 3.20 | 4.10 | 2.00 | 6.50 | 17.35 | 3.40 | 7.30 | 3.40 | ||||||||||
| Payout ratio | — | 0.19 | 0.16 | 0.16 | 0.15 | 0.25 | 0.25 | 0.25 | 0.25 | 0.14 |
Company Updates
Peers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| JSW Steel Ltd | 26.46 | 2.92 | 0.96% |
| Tata Steel Ltd | -42.37 | 2.03 | 2.39% |
| Jindal Steel And Power Ltd | 17.46 | 2.32 | 0.19% |
| Bharat Forge Ltd | 77.13 | 10.24 | 0.16% |
Price Comparison
Compare JSWSTEEL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding JSW Steel Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
SBI Flexicap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1188% | Percentage of the fund’s portfolio invested in the stock 1.22% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 25/113 (+32) |
HDFC Manufacturing Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0977% | Percentage of the fund’s portfolio invested in the stock 1.73% | Change in the portfolio weight of the stock over the last 3 months 0.25% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 19/88 (+2) |
ICICI Prudential Manufacturing Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0930% | Percentage of the fund’s portfolio invested in the stock 3.30% | Change in the portfolio weight of the stock over the last 3 months -0.40% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/94 (+1) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No Trend In Dividends
JSWSTEEL has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.96%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.56 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 9, 2024
Dividend/Share
₹7.30
Ex DateEx Date
Jul 9, 2024
Cash Dividend
Ex DateEx DateJul 11, 2023
Dividend/Share
₹3.40
Ex DateEx Date
Jul 11, 2023
Cash Dividend
Ex DateEx DateJul 4, 2022
Dividend/Share
₹17.35
Ex DateEx Date
Jul 4, 2022
Cash Dividend
Ex DateEx DateJul 5, 2021
Dividend/Share
₹6.50
Ex DateEx Date
Jul 5, 2021
Cash Dividend
Ex DateEx DateJul 6, 2020
Dividend/Share
₹2.00
Ex DateEx Date
Jul 6, 2020
The company's India division has recorded steel production volume of 22.49 lakh tonnes in August 2024, up 2% as compared with 22.15 in August 2023. Further the capacity utilization at the company's Indian operations for the period uder review stood at 91%. Ohio-based JSW Steel USA has reported steel production volume of 0.67 lakh tonnes for August 2024 as against 0.71 lakh tonnes for August 2023. JSW Steel, the flagship business of the diversified JSW Group, is India's leading integrated steel company. The company had reported 64.29% decline in consolidated net profit to Rs 867 crore in Q1 FY25 as compared with Rs 2,428 crore posted in same quarter last year. Revenue from operations rose 1.73% year on year (YoY) to Rs 42,943 crore in the quarter ended June 2024. The counter rose 0.56% to Rs 932 on the BSE.Powered by Capital Market - Live
JSW Steel reported consolidated Crude Steel production for the month of August'24 at 23.16 Lakh tonnes. The Company commissioned all major facilities to expand its capacity from 3.5 MTPA to 4.5 MTPA at BPSL. Production ramp-up is expected gradually by Q3 FY25. Monthly Crude Steel production was higher by 2% YoY in the Indian Operations with a capacity utilisation of 91%. US operations remained flattish. Consolidated crude steel production grew by 1% YoY. The break-up of production is as below: (Lakh Tonnes) Particulars Aug24 Aug23 YoY Indian Operations 22.49 22.15 2% JSW Steel USA - Ohio 0.67 0.71 Consolidated Production 23.16 22.86 1% Powered by Capital Market - Live
JSW Steel announced that its wholly owned subsidiary, JSW Steel (Netherlands) B.V has completed the acquisition of 66.67% economic interest in M Res NSW by way of acquisition of its non-voting Class B shares. M Res NSW owns a 30% interest in Golden M NSW (Golden M), the proposed ultimate owner of Illawarra Coal Holdings(Illawarra Metallurgical Coal). The transaction for sale of Illawarra Metallurgical Coal by South32 to Golden M is expected to close in September 2024. Powered by Capital Market - Live
Crude steel production in July 2023 was 20.39 lakh tonnes. The company's India division has recorded steel production volume of 21.40 lakh tonnes in July 2024, up 13% YoY. Further, the capacity utilisation level at the company's Indian operations for the period under review stood at 91%. Ohio-based JSW Steel USA has reported steel production volume of 0.75 lakh tonnes for July 2024 as against 0.67 lakh tonnes for July 2023. JSW Steel, the flagship business of the diversified JSW Group, is India's leading integrated steel company. The company had reported 64.29% decline in consolidated net profit to Rs 867 crore in Q1 FY25 as compared with Rs 2,428 crore posted in same quarter last year. Revenue from operations rose 1.73% year on year (YoY) to Rs 42,943 crore in the quarter ended June 2024. The scrip rose 0.91% to currently trade at Rs 894.45 on the BSE. Powered by Capital Market - Live
JSW Steel reported consolidated Crude Steel production for the month of July'24 at 22.15 lakh tonnes. The total Crude Steel production was higher by 9% YoY. Capacity utilisation at Indian Operations stood at 91% for July'24. The break-up of production is as below: (lakh tonnes) Particulars July 24 July 23 YoY Indian Operations 21.40 18.99 13% JSW Steel USA - Ohio 0.75 0.67 Consolidated Production 22.15 19.66 JSW Ispat Special Products (Merged from 31 July 2023) - 0.73 Total Combined Volumes 22.15 20.39 9% Powered by Capital Market - Live
JSW Steel Share Price Today Live Updates: JSW Steel Sees 3.03% Price Increase, SMA7 at Rs 896.46 - The Economic Times
Price Updates: JSW Steel Stock Sees Over 5% Decline from Previous Close of Rs 899.55 - The Economic Times
Stock that will see action today: 5 August 2024
Stocks in news: SBI, Airtel, ONGC, Titan, Infosys, JSW Steel, IDBI Bank
JSW Steel surrenders mining lease for Jajang Iron Ore Block in Odisha
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 15.76%, vs industry avg of 9.83%
Increasing Market Share
Over the last 5 years, market share increased from 16.02% to 22.54%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 2.9%, vs industry avg of 4.75%