JSWSTEEL · JSW Steel Ltd · Iron & Steel
JSWSTEEL · JSW Steel Ltd · Iron & Steel
As of 05 Nov close
52-week range
1.1% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Stock Condition as of 05 Nov 2026 close
Slowest input: promoter pledge (disclosed quarterly), as of 18 Jul 2026
Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹47,364 Cr
Revenue YoY
PAT YoY
+113.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3.1
P/S (TTM)
1.6
Sector P/E
17.3
Dividend yield
+0.6%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| JSWSTEEL (this stock) | 12.1 | 3.1 | +13.1% | +24.8% | 1.19 | +0.6% |
| Lloyds Metals And Energy | 27.8 | 7.6 | +22.4% | +36.2% | 101.71 | +0.1% |
| Jindal Steel | 39.9 | 2.3 | +4.8% | +5.3% | 0.44 | +0.2% |
| Jindal Stainless | 17.6 | 3.3 | +7.4% | +16.4% | 0.38 | +0.5% |
Promoter
falling 1q
FII
rising 1q
MF
5.89% (+0.56pp)
rising 3q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 02 Nov 2026 | JSW Steel Employees Welfare Trust – OPJ ESOP Plan 2021 A/c | SELL | 65 | ₹85,111 |
| 02 Nov 2026 | JSW Steel Employees Welfare Trust – JSWSL OPJ Samruddhi Plan 2021 A/c | SELL | 1,442 | ₹1,442 |
| 02 Nov 2026 | JSW Steel Employees Welfare Trust – JSWSL OPJ Samruddhi Plan 2021 A/c | SELL | 540 | ₹7.07 lakh |
| 30 Oct 2026 | JSW Steel Employees Welfare Trust – JSWSL OPJ Samruddhi Plan 2021 A/c | SELL | 412 | ₹5.15 lakh |
| 30 Oct 2026 | JSW Steel Employees Welfare Trust – OPJ ESOP Plan 2021 A/c | SELL | 2,903 | ₹36.3 lakh |
| 29 Oct 2026 | JSW Steel Employees Welfare Trust – JSWSL OPJ Samruddhi Plan 2021 A/c | SELL | 16 | ₹19,992 |
| 29 Oct 2026 | JSW Steel Employees Welfare Trust – OPJ ESOP Plan 2021 A/c | SELL | 950 | ₹11.87 lakh |
| 29 Oct 2026 | JSW Steel Employees Welfare Trust – OPJ ESOP Plan 2021 A/c | SELL | 3,259 | ₹3,259 |
| 29 Oct 2026 | JSW Steel Employees Welfare Trust – JSWSL OPJ Samruddhi Plan 2021 A/c | SELL | 1,486 | ₹1,486 |
| 28 Oct 2026 | JSW Steel Employees Welfare Trust – OPJ ESOP Plan 2021 A/c | SELL | 121 | ₹1.52 lakh |
| 28 Oct 2026 | JSW Steel Employees Welfare Trust – JSWSL OPJ Samruddhi Plan 2021 A/c | SELL | 238 | ₹2.98 lakh |
| 27 Oct 2026 | JSW Steel Employees Welfare Trust – OPJ ESOP Plan 2021 A/c | SELL | 13,129 | ₹13,129 |
| 26 Oct 2026 | JSW Steel Employees Welfare Trust – JSWSL OPJ Samruddhi Plan 2021 A/c | SELL | 8,454 | ₹8,454 |
| 26 Oct 2026 | JSW Steel Employees Welfare Trust – OPJ ESOP Plan 2021 A/c | SELL | 766 | ₹766 |
| 30 Sept 2026 | JSW Steel Employees Welfare Trust – OPJ ESOP Plan 2021 A/c | SELL | 17,549 | ₹17,549 |
| 30 Sept 2026 | JSW Steel Employees Welfare Trust – JSWSL OPJ Samruddhi Plan 2021 A/c | SELL | 260 | ₹3.28 lakh |
| 30 Sept 2026 | JSW Steel Employees Welfare Trust – JSWSL OPJ Samruddhi Plan 2021 A/c | SELL | 4,658 | ₹4,658 |
| 30 Sept 2026 | JSW Steel Employees Welfare Trust – OPJ ESOP Plan 2021 A/c | SELL | 1,503 | ₹18.97 lakh |
| 29 Sept 2026 | JSW Steel Employees Welfare Trust – JSWSL OPJ Samruddhi Plan 2021 A/c | SELL | 104 | ₹1.31 lakh |
| 29 Sept 2026 | JSW Steel Employees Welfare Trust – OPJ ESOP Plan 2021 A/c | SELL | 12,873 | ₹12,873 |
Bulk/block deals
| date | canonicalSymbol | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| 2026-05-18 | JSWSTEEL | 0 | 0 | STRONG | BULK |
News timeline
- loweconomictimes.indiatimes.com· 02 Nov 2026, 09:09 amBSE, Infosys, CG Power and 6 others to watch: Motilal Oswal reveals 9 stock ratings and target prices after Q2 results - 9 stocks, 6 buy calls: What Motilal Oswal says after Q2 results
- lowbusiness-standard.com· 26 Oct 2026, 10:16 amQ2 results: Paytm, REC, Tata Consumer Products among 98 firms on October 26
- lowbusiness-standard.com· 25 Oct 2026, 11:27 pmQ2 results review: Early birds reflect a commodity boost amid price surge
- mediumcorporate actioneconomictimes.indiatimes.com· 24 Oct 2026, 09:13 amJSW Steel posts three-fold jump in profit, lines up capacity expansion
- mediumbusiness-standard.com· 23 Oct 2026, 12:45 pmMetal stocks: Lost mettle! VAML, Vedanta, Nalco sink up to 6% as metal index drops 3%
- mediumcorporate actionlivemint.com· 18 Oct 2026, 05:05 pmJSW Steel gets relief in ₹2,169 crore mining dispute: What was the case and what Orissa HC ruled
- loweconomictimes.indiatimes.com· 09 Oct 2026, 05:40 amGQG Partners sells Rs 24,400 cr worth of Indian stocks in 2026; ITC, Adani shares among key exits
- mediummacrothehindubusinessline.com· 07 Oct 2026, 02:03 pmNifty slips 179 points mid-session as RBI's hawkish shift keeps markets under pressure
- lowthehindubusinessline.com· 23 Sept 2026, 01:45 pmNifty rises as metal stocks gain; Crude slide, caps upside
- mediummacroeconomictimes.indiatimes.com· 07 Sept 2026, 06:00 amStocks in news: Tata Motors, RVNL, Eicher Motors, Mazagon Dock and Lupin
- unknowneconomictimes.indiatimes.com· 31 Aug 2026, 10:43 amHindustan Zinc, Vedanta, Nalco and other metal stocks slide up to 5%. Here's why
- unknowneconomictimes.indiatimes.com· 26 Aug 2026, 08:57 amCrorepati investors touch record Rs 10 lakh crore milestone. Which stocks are making them richer?
- loweconomictimes.indiatimes.com· 24 Aug 2026, 04:41 pmMarket wrap: Tata Steel, HCL Tech, Bajaj Finance, Adani Ports top gainers and losers on Nifty and Sensex on Monday
- mediummacrothehindubusinessline.com· 17 Aug 2026, 10:01 amSensex, Nifty open lower as crude oil prices, geopolitical tensions weigh
- lowbusiness-standard.com· 11 Aug 2026, 02:32 pmIndia's most valuable family businesses worth ₹138 trn, add ₹4,076 cr/day
- loweconomictimes.indiatimes.com· 03 Aug 2026, 01:03 pmNifty Q1 earnings grow 11% to beat estimate, says Motilal Oswal; picks Bharti Airtel, SBI, ICICI Bank among top bets
- mediummacroeconomictimes.indiatimes.com· 20 Jul 2026, 04:58 pmMarket wrap: Trent, Axis Bank among top gainers and losers on Nifty and Sensex today
- mediumeconomictimes.indiatimes.com· 17 Jul 2026, 09:49 pmJSW Steel’s profit doubles on revenue growth, beats estimates
- lowthehindubusinessline.com· 17 Jul 2026, 09:24 amQ1 Results 17th July Live: Reliance Industries, JSW Steel, Havells, Oberoi Realty, Tata Tech to announce Q1 results, Wipro, Tech Mahindra, Jio, ITC Hotels, CEAT, Polycab, BHEL shares in focus
- loweconomictimes.indiatimes.com· 17 Jul 2026, 06:34 amStocks in news: Reliance Industries, Tata Tech, Wipro, Jio Financial, ITC, Maruti Suzuki
Concalls & investor presentations
AI-generatedKey takeaway: JSW Steel Limited submitted an investor presentation to the National Stock Exchange of India and BSE Limited, in compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document included a link to access the presentation on their website. Manoj Prasad Singh, serving as the Company Secretary in an interim capacity, signed the communication. The presentation aims to provide relevant information to investors and analysts regarding the company's performance and strategies.
The document presented factual information regarding the submission of an investor presentation.
Sourced from an exchange-filed presentation, dated 12 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: JSW Steel Limited provided a disclosure regarding the Q1FY27 Earnings Conference Call, which took place on July 17, 2026. The document stated that the transcript of the call is available on the company's website, along with audio recordings made accessible on the same day. This communication was made in compliance with Regulation 30(6) and Schedule III of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The letter was signed by Manoj Prasad Singh, the Company Secretary in an interim capacity, and addressed to the National Stock Exchange of India and BSE Limited.
The document presented factual information regarding the earnings call and compliance with regulatory requirements.
Sourced from an exchange-filed transcript, dated 23 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: JSW Steel Limited's investor presentation for Q1 FY27 reported a revenue from operations of ₹47,364 crore, with a net profit of ₹4,696 crore. The company achieved a consolidated crude steel production of 6.59 million tonnes, reflecting a 3% year-over-year increase. Capacity utilization in India was noted at 94%, excluding the Vijayanagar BF-3, which was under shutdown. The presentation highlighted a significant deleveraging of approximately ₹37,000 crore, resulting in a net debt to equity ratio of 0.42x and net debt to EBITDA of 1.46x. Key corporate developments included the completion of a joint venture with JFE Steel and various sustainability initiatives aimed at reducing carbon emissions. The company also emphasized its strategic priorities, including enhancing its value-added product portfolio and digital transformation efforts. Overall, the document provided a comprehensive overview of financial performance, operational metrics, and future growth strategies.
Management highlighted strong financial results and strategic developments.
Sourced from an exchange-filed presentation, dated 17 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: JSW Steel Limited submitted an investor presentation to the National Stock Exchange of India and BSE Limited on June 4, 2026, in compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document included a link to access the presentation on their website. Manoj Prasad Singh, serving as the Company Secretary in an interim capacity, signed the communication.
The document provided factual information regarding the submission of an investor presentation.
Sourced from an exchange-filed presentation, dated 04 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: JSW Steel Limited provided a disclosure regarding the Q4FY26 Earnings Conference Call, which took place after a meeting of the Board of Directors on May 14, 2026. The document included a link to the transcript of the earnings call and noted that audio recordings were made available on the same day as the conference call. This communication was made in compliance with Regulation 30(6) and Schedule III of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The letter was signed by Manoj Prasad Singh, the Company Secretary in an interim capacity.
The document presented factual information regarding the earnings call and compliance with regulatory requirements.
Sourced from an exchange-filed transcript, dated 20 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: JSW Steel Limited's investor presentation for Q4 FY26 and FY26 reported a revenue from operations of ₹51,180 crore for Q4 and ₹1,85,470 crore for FY26. The reported EBITDA was ₹8,634 crore in Q4 and ₹29,821 crore for FY26, while the net profit stood at ₹19,243 crore for Q4 and ₹25,508 crore for FY26. The company achieved a significant reduction in net debt, with a net debt to equity ratio of 0.51x and net debt to EBITDA of 1.81x. Operationally, the capacity utilization in India was reported at 96% in Q4. The presentation highlighted a joint venture with JFE Steel and a new partnership with POSCO for a greenfield steel plant in Odisha. JSW Steel was recognized for its sustainability efforts, being included in the 2026 S&P Global Sustainability Yearbook. The company also reported a dividend of ₹7.1 per share.
Management highlighted strong financial performance and significant operational achievements.
Sourced from an exchange-filed presentation, dated 14 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: JSW Steel Limited submitted an investor presentation in compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document included a link to access the presentation on their website. The communication was signed by Manoj Prasad Singh, the Company Secretary in an interim capacity, and was addressed to the National Stock Exchange of India and BSE Limited, indicating the company's adherence to regulatory requirements for investor communications.
The document presented factual information regarding regulatory compliance and did not emphasize any particular growth or challenges.
Sourced from an exchange-filed presentation, dated 06 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedJSW Steel Limited (JSWSTEEL) reported consolidated revenue of ₹1,68,824 crore (US$20 billion) and EBITDA of ₹22,904 crore (US$2.7 billion) in FY2024-25, reflecting strong operational performance. However, a significant legal issue emerged regarding its subsidiary Bhushan Power and Steel Limited (BPSL), where the Hon’ble Supreme Court rejected JSW Steel’s resolution plan and directed liquidation proceedings, requiring refunds of payments made to creditors. The auditors issued a qualified opinion on the standalone financial statements due to uncertainties surrounding the legal outcome of the BPSL case. The company has filed a review petition and maintains the status quo pending resolution. JSW Steel also highlighted its strategic focus on India’s growth, sustainability, and value creation across infrastructure, automotive, and energy sectors.
- Consolidated revenue of ₹1,68,824 crore (US$20 billion) and EBITDA of ₹22,904 crore (US$2.7 billion) in FY2024-25.
- Supreme Court rejected JSW Steel’s resolution plan for BPSL, initiating liquidation proceedings and requiring refunds to creditors.
- Auditors issued a qualified opinion on standalone financial statements due to uncertainties from the BPSL legal case.
- JSW Steel is pursuing legal remedies and has filed a review petition against the Supreme Court’s decision.
Key takeaway: JSW Steel delivered strong financial performance in FY2024-25 but faces significant legal and financial risks from the BPSL case, which could impact its liquidity and financial statements.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceEarlier (1-3 years ago)
The auditors expressed a qualified opinion on the consolidated and standalone financial statements due to the Supreme Court's rejection of the Company's resolution plan for Bhushan Power and Steel Limited on May 2, 2025.
Regulatory Action
3 occurrencesRecent (last 12 months)
The Deputy Commissioner of GST State Tax (Enforcement Unit, Orissa) issued a show cause notice (SCN) alleging wrongful transfer of Input Tax Credit. The GST Authorities demanded ₹3,004 crores in tax, interest, and penalty, and the Company is considering appealing to the Appellate Tribunal.
Earlier (1-3 years ago)
JSW Steel was fined Rs. 97,94,731 and interest of Rs. 85,19,647 by the Regional PF Commissioner-II, Ballari, for belated remittance of Provident Fund for the period April 2016 to March 2019.
Older (3+ years ago)
The State Government issued a show cause notice and demand notice for ₹697 crores (including penalty) under the MDPA due to alleged minimum production quantity shortfall. The company has filed a writ petition with the High Court of Odisha, which granted a stay on the matter.
Routine disclosures
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
The company has identified a material weakness in its internal controls.
Contingent Liability
3 occurrencesRecent (last 12 months)
JSW Steel Limited faces a contingent liability of ₹1,473 crores from a demand raised by the Department of Mines, Odisha under Rule 12A(2) for alleged shortfall in dispatch. The company has challenged the demand in the Orissa High Court, with an interim order preventing precipitative action.
Earlier (1-3 years ago)
The company has a contingent liability under Section 33(1) of the Insolvency Bankruptcy Code (IBC) for BPSL, as mentioned on page 336 of the report.
Older (3+ years ago)
The company has disclosed contingent liabilities of Rs 3,899 crore as described in note 45 of the standalone financial statements.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The Group has incurred capex amounting to ₹108 crores in relation to a proposed finance lease transaction with a related party.
Earlier (1-3 years ago)
JSW Steel incurred ₹297 crores towards CSR, including payments to JSW Foundation, a related party, as detailed in note 44.
Older (3+ years ago)
The company has purchased non-convertible debentures amounting to ₹269 crores issued by Crexient Special Steels Limited (CSSL) from the open market, which are not disclosed as part of related party transactions.
Statutory dues in dispute
3 occurrencesRecent (last 12 months)
JSW Steel Limited has not deposited statutory dues related to excise duty and custom duty for periods ranging from 1995-2018, with disputes pending in various forums including the Supreme Court of India and High Courts.
Earlier (1-3 years ago)
The company has outstanding statutory dues of various taxes, including excise duty and custom duty, with amounts ranging from 1 crore to 335 crores, pending in various forums such as High Court, Supreme Court, and tribunals.
Older (3+ years ago)
The company has outstanding statutory dues of excise duty, custom duty, VAT, and CST amounting to Rs 97, 384, 73, 225, 358, 39, 2, 29, 1, 1, and 153 crores respectively, with disputes in various forums including High Court and CESTAT.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
7.53% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).