JSW Steel financials

·Metal & MiningChart ›
Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹54,486cr+20.7% on Q2 FY26
Net profit
₹5,359cr+225.6% on Q2 FY26
EBITDA margin
18.6%+2.8 pts on Q2 FY26
EPS
₹21.63+224.8% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue54,48645,152+20.7%
EBITDA10,1207,115+42.2%
EBITDA margin18.6%15.8%+2.8 pts
Profit before tax6,7592,432+177.9%
Net profit5,3591,646+225.6%
EPS₹21.63₹6.66+224.8%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹54,486 crNet profit₹5,359 crNet margin9.8%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
3,02,853————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
9,55739,77417,4748,03315,429
1695,4222,1702,1071,344
95,53295,53295,95785,57578,572
3,88,997————
1,99,0211,85,4701,68,8241,75,0061,65,960
—+9.9%−3.5%+5.5%—
34,63329,82122,90428,23618,547
17.4%16.1%13.6%16.1%11.2%
25,78620,22013,59520,06411,073
31,70825,5083,4918,9734,139
15.9%13.8%2.1%5.1%2.5%
₹116.55₹91.46₹14.36₹36.11₹16.98
—+536.9%−60.2%+112.6%—
—25,15220,89912,07823,323
—−14,654−12,694−15,801−14,324
10,49810,4988,205−3,7238,999
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

JSWSTEEL₹1,241.20

JSW Steel Ltd.

· Metal & Mining
₹ CrorePeersTATASTEELJINDALSTELSAILHINDALCOADANIENTHINDZINCVEDLNMDCMcap ₹3.03L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————3,02,852.8
- Cash, Equiv & ST Investments15,429.08,033.017,474.039,774.09,557.0
+ Minority Interest1,344.02,107.02,170.05,422.0169.0
+ Total Debt78,572.085,575.095,957.095,532.095,532.0
Enterprise Value————3,88,996.8
Revenue1,65,960.01,75,006.01,68,824.01,85,470.01,99,021.0
Growth %, YoY—+5.5-3.5+9.9—
EBITDA18,547.028,236.022,904.029,821.034,633.0
Margin %11.1816.1313.5716.0817.40
EBIT11,073.020,064.013,595.020,220.025,786.0
Net Income4,139.08,973.03,491.025,508.031,708.0
Margin %2.495.132.0713.7515.93
EPS, Adj (current shares)16.9836.1114.3691.46116.55
Growth %, YoY—+112.6-60.2+536.9—
Cash from Operations23,323.012,078.020,899.025,152.0—
Capital Expenditures-14,324.0-15,801.0-12,694.0-14,654.0—
Free Cash Flow8,999.0-3,723.08,205.010,498.010,498.0
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

JSW Steel financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

JSW Steel (NSE: JSWSTEEL) had a market capitalisation of ₹3,06,318 crore at the 29 October 2026 close (₹1,255.40 a share), a PE ratio of 10.8 on the last four quarters' profit and a price-to-book ratio of 2.70. In FY26 its consolidated net profit attributable to shareholders was ₹22,316 crore on revenue of ₹1,85,470 crore; in Q2 FY27 (July–September 2026) it was ₹5,279 crore, up 225.3% year on year. Its debt-to-equity ratio was 0.58 on 30 September 2026. Promoters held 44.30% of the shares on 30 September 2026.

JSW Steel Q2 FY27 results
filed 23 October 2026
Share price used
₹1,255.40 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026
Share price and live chart
₹1,255.40 · 29 Oct close

JSW Steel at a glance · consolidated

Market cap
₹3,06,318 Crat ₹1,255.40 · 29 Oct close
PE ratio (last 4 quarters)
10.813.7 on FY26 profit
Price to book (PB)
2.70book value ₹464.37 a share
ROE (FY26)
24.9%+20.4 pts vs FY25ROCE 10.6%
Debt to equity
0.58net debt ₹44,934 Cr
Promoter holding
44.30%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.57%₹7.10 a share in 12 months
Net worth
₹1,13,306 Cr+36.6% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹10,498 Cr+27.9% vs FY25

Questions

What is the JSW Steel PE ratio today?

JSW Steel's PE ratio is 10.8 at the 29 October 2026 close (₹1,255.40 a share): a market capitalisation of ₹3,06,318 crore divided by consolidated net profit attributable to shareholders of ₹28,439 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹22,316 crore) it is 13.7. These four quarters include net exceptional items of ₹17,359 crore (one-off gains reported separately), so the ratio on recurring profit would differ.

What is the JSW Steel PB ratio (price to book value)?

JSW Steel's price-to-book (PB) ratio is 2.70 at the 29 October 2026 close: a market capitalisation of ₹3,06,318 crore divided by shareholders' equity (book value) of ₹1,13,306 crore on 30 September 2026. That is a book value of ₹464.37 per share against a share price of ₹1,255.40.

What is the JSW Steel ROE and ROCE?

In FY26, JSW Steel's return on equity (ROE) was 24.9% and its return on capital employed (ROCE) was 10.6%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 4.5% and ROCE 7.9%.

What is the JSW Steel market cap?

JSW Steel's market capitalisation was ₹3,06,318 crore (₹3.06 lakh crore) at the 29 October 2026 close: 244 crore shares at ₹1,255.40 each.

What is the JSW Steel EPS?

JSW Steel's basic earnings per share (EPS) were ₹91.43 in FY26, against ₹14.36 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹116.51.

What is the JSW Steel dividend in 2026 and its record date?

In 2026, JSW Steel has declared one dividend: ₹7.10 with record date 7 July 2026.

Is JSW Steel debt free?

No. JSW Steel had borrowings of ₹66,251 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.58. Its cash and current investments were ₹21,317 crore, so its net debt was ₹44,934 crore.

What is the JSW Steel debt to equity ratio?

JSW Steel's debt-to-equity ratio was 0.58 on 30 September 2026: borrowings of ₹66,251 crore against total equity of ₹1,13,475 crore. A year earlier, on 30 September 2025, it was 1.15.

What is the JSW Steel book value per share?

JSW Steel's book value per share was ₹464.37 on 30 September 2026: shareholders' equity of ₹1,13,306 crore divided by the 244 crore shares in issue, up 36.6% from ₹339.89 a year earlier. The share price at the 29 October 2026 close was ₹1,255.40.

What is the JSW Steel net worth?

JSW Steel's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,13,306 crore (₹1.13 lakh crore) on 30 September 2026, up 36.6% from ₹82,933 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,06,318 crore at the 29 October 2026 close.

What are the JSW Steel latest quarterly results?

JSW Steel's latest results are for Q2 FY27 (July–September 2026), filed on 23 October 2026: consolidated net profit attributable to shareholders ₹5,279 crore, up 225.3% from ₹1,623 crore in Q2 FY26; revenue from operations ₹54,486 crore, up 20.7% year on year.

What is the JSW Steel revenue and profit in FY26?

In FY26 (April 2025–March 2026), JSW Steel's consolidated net profit attributable to shareholders was ₹22,316 crore, up 536.9% from ₹3,504 crore in FY25, on revenue from operations of ₹1,85,470 crore (up 9.9%). Over three years, from FY23, net profit was up 438.5%.

What is the JSW Steel dividend yield?

JSW Steel's dividend yield is 0.57% at the 29 October 2026 close: dividends of ₹7.10 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,255.40. They were ₹7.10 on 7 July 2026.

What is the JSW Steel promoter holding?

Promoters held 44.30% of JSW Steel on 30 September 2026, up 0.01 percentage points from 44.29% the previous quarter and down 1.02 percentage points from 45.32% a year earlier, according to the shareholding pattern filed with NSE.

What is the JSW Steel free cash flow?

In FY26, JSW Steel generated ₹25,152 crore of cash from operations and spent ₹14,654 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹10,498 crore. In FY25 it was ₹8,205 crore.

What is the JSW Steel shareholding pattern?

On 30 September 2026, JSW Steel's shares were held by promoters 44.30%, foreign portfolio investors (FII/FPI) 26.23%, domestic institutions (DII) 11.34% (including mutual funds at 5.89%) and retail and other non-institutional investors 17.49%. Over the year, FII holding was up 0.68 percentage points from 25.55% and DII holding was up 0.47 percentage points from 10.87%.

How does the JSW Steel PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, JSW Steel's PE ratio is 13.7, the lowest of the four: Tata Steel 19.6, Jindal Steel 32.0 and SAIL 19.7, a peer average of 23.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.

JSW Steel vs Tata Steel: how do they compare?

In FY26, JSW Steel earned net profit attributable to shareholders of ₹22,316 crore on revenue of ₹1,85,470 crore, against ₹10,794 crore on ₹2,32,140 crore for Tata Steel. JSW Steel's operating margin was 10.9% (Tata Steel 9.7%) and its return on equity 24.9% (Tata Steel 11.2%). At the 29 October 2026 close, JSW Steel's market capitalisation was ₹3,06,318 crore against ₹2,11,391 crore for Tata Steel, and its PE ratio on FY26 profit 13.7 against 19.6.

When are the JSW Steel next results?

JSW Steel has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

How does JSW Steel compare with its peers?

On FY26 consolidated figures, against Tata Steel, Jindal Steel and SAIL: JSW Steel's operating margin of 10.9% is the second highest of the four (Tata Steel 9.7%, Jindal Steel 12.2%, SAIL 5.4%; peer average 9.1%); its return on equity of 24.9% is the highest of the four (Tata Steel 11.2%, Jindal Steel 6.9%, SAIL 5.7%; peer average 7.9%); its revenue growth over three years of 3.8% a year is the highest of the four (Tata Steel −1.6% a year, Jindal Steel 0.3% a year, SAIL 2.0% a year; peer average 0.3% a year).

Where do these JSW Steel figures come from?

From JSW Steel's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.