JSWSTEEL

Jsw Steel Share Price JSW Steel

₹854.8
-10 (-1.16%)
  • Advice
  • Hold
22 April, 2024 16:30 BSE: 500228 NSE: JSWSTEELISIN: INE019A01038

Start SIP in JSW Steel

Start SIP

JSW Steel Performance

Day Range

  • Low 853
  • High 871
₹ 854

52 Week Range

  • Low 681
  • High 896
₹ 854
  • Open Price867
  • Previous Close865
  • Volume1584578

JSW Steel Share Price

  • Over 1 Month +5.23%
  • Over 3 Month +5.77%
  • Over 6 Month +11.1%
  • Over 1 Year +20.28%

JSW Steel Key Statistics

P/E Ratio 18.7
PEG Ratio 0.1
Market Cap Cr 209,037
Price to Book Ratio 3.9
EPS 20.4
Dividend 0.4
Relative Strength Index 56.77
Money Flow Index 56.54
MACD Signal 11.99
Average True Range 22.56
JSW Steel Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 33,31033,73832,79136,752
Operating Expenses Qtr Cr 27,53126,84027,93030,906
Operating Profit Qtr Cr 5,7796,8984,8616,247
Depreciation Qtr Cr 1,3511,3591,2651,305
Interest Qtr Cr 1,5511,5311,4571,556
Tax Qtr Cr 8471,7258721,100
Net Profit Qtr Cr 2,4162,9131,7052,838
IndicatorMar 2023
Total Revenue Annual Cr 133,259
Operating Expenses Annual Cr 116,316
Operating Profit Annual in Cr 15,371
Depreciation Cr 4,952
Interest Annual Cr 5,023
Tax Annual Cr 2,031
Net Profit Annual Cr 4,937
IndicatorMar 2023
Cash from Operating Activity Annual Cr 20,444
Cash from Investing Activity Annual Cr -7,361
Cash from Financing Annual Activity Cr -7,085
Net Cash Flow Annual Cr 5,998
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 63,659
Fixed Assets Annual Cr 85,562
Total Non Current Assets Annual Cr 123,697
Total Current Assets Annual Cr 49,144
Total Assets Annual Cr 172,841
IndicatorMar 2023
Book Value Per Share Annual Rs 211
ROE Annual % 8
ROCE Annual % 10
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 13
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 41,94044,58442,21346,346
Operating Expenses Qtr Cr 34,76036,69835,16739,023
Operating Profit Qtr Cr 7,1807,8867,0467,939
Depreciation Qtr Cr 2,0592,0191,9002,009
Interest Qtr Cr 1,9962,0841,9632,138
Tax Qtr Cr 8531,8121,052508
Net Profit Qtr Cr 2,4152,7602,3383,664
IndicatorMar 2023
Total Revenue Annual Cr 166,990
Operating Expenses Annual Cr 147,413
Operating Profit Annual in Cr 18,547
Depreciation Cr 7,474
Interest Annual Cr 6,902
Tax Annual Cr 1,516
Net Profit Annual Cr 4,144
IndicatorMar 2023
Cash from Operating Activity Annual Cr 23,323
Cash from Investing Activity Annual Cr -10,711
Cash from Financing Annual Activity Cr -5,977
Net Cash Flow Annual Cr 6,635
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 65,728
Fixed Assets Annual Cr 126,490
Total Non Current Assets Annual Cr 142,928
Total Current Assets Annual Cr 68,150
Total Assets Annual Cr 211,078
IndicatorMar 2023
Book Value Per Share Annual Rs 223
ROE Annual % 6
ROCE Annual % 9
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 12

JSW Steel Technicals

EMA & SMA

Current Price
₹854.8
-10 (-1.16%)
pointer
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • ₹850.09
  • 50 Day
  • ₹835.49
  • 100 Day
  • ₹823.20
  • 200 Day
  • ₹801.44
  • 20 Day
  • ₹847.98
  • 50 Day
  • ₹828.86
  • 100 Day
  • ₹828.92
  • 200 Day
  • ₹806.74

JSW Steel Resistance and Support

PIVOT
₹855.1
Resistance
First Resistance 877.00
Second Resistance 889.20
Third Resistance 911.10
RSI 56.77
MFI 56.54
MACD Single Line 11.99
MACD 10.85
Support
First Resistance 842.90
Second Resistance 821.00
Third Resistance 808.80

JSW Steel Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,374,067 121,331,449 35.96
Week 2,671,495 92,166,578 34.5
1 Month 3,010,053 115,345,248 38.32
6 Month 2,407,484 98,442,032 40.89

JSW Steel Result Highlights

JSW Steel Synopsis

NSE-Steel-Producers

Jsw Steel is involved in the business activities of Casting of metals. Company’s Total Operating Revenue is Rs. 131687.00 Cr. and Equity Capital is Rs. 301.00 Cr. for the Year ended 31/03/2023. JSW Steel Ltd. is a Public Limited Listed company incorporated on 15/03/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L27102MH1994PLC152925 and registration number is 152925.
Market Cap 210,173
Sales 136,992
Shares in Float 134.50
No of funds 642
Yield 0.4
Book Value 4.09
U/D Vol ratio 1
LTDebt / Equity 76
Alpha -0.08
Beta 1.21

JSW Steel

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 44.81%44.81%44.8%45.4%
Mutual Funds 3.19%2.85%2.54%2.2%
Insurance Companies 6.59%6.61%6.93%7.38%
Foreign Portfolio Investors 11.06%11.33%11.13%10.98%
Financial Institutions/ Banks 0.01%0.02%0.03%
Individual Investors 7.31%7.22%7.4%7.26%
Others 27.03%27.16%27.17%26.78%

JSW Steel Management

Name Designation
Mrs. Savitri Devi Jindal Chairperson Emeritus
Mr. Sajjan Jindal Chairman & Managing Director
Mr. Jayant Acharya Joint Managing Director & CEO
Mr. Seturaman Mahalingam Ind. Non-Executive Director
Mr. Harsh Charandas Mariwala Ind. Non-Executive Director
Dr.(Mrs.) Punita Kumar Sinha Ind. Non-Executive Director
Mr. Haigreve Khaitan Ind. Non-Executive Director
Mrs. Nirupama Rao Ind. Non-Executive Director
Mr. Marcel Fasswald Ind. Non-Executive Director
Ms. Fiona Jane Mary Paulus Ind. Non-Executive Director
Dr. M R Ravi Nominee Director
Mr. Hiroyuki Ogawa Nominee Director
Mr. Gajraj Singh Rathore Whole Time Director & COO

JSW Steel Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

JSW Steel Corporate Action

Date Purpose Remarks
2024-05-17 Audited Results
2024-01-25 Quarterly Results
2023-10-20 Quarterly Results
2023-07-21 Quarterly Results
2023-05-19 Audited Results & Final Dividend

About JSW Steel

Company Overview

JSW Steel, the market leader in integrated steel manufacturing, is the JSW group's flagship company that combines customised services with innovative technology to meet customer needs and stay ahead of competitors. It has a global reach with its establishments in 100 countries. JSW Steel manufactures quality and innovative products in its Maharastra, Tamil Nadu and Karnataka manufacturing plants. Bare & Pre-painted Galvanised, Special Steel, Hot and cold Rolled, TMT Rebars and Wire Rods are some of the products JSW Steel provides its customers. JSW Steel's Bellary plant is the 6th largest in the world.

In 1982 the Jindal group bought Piramal Steel Ltd, a small steel plant in Tarapur in Maharastra. After renaming its Jindal Iron and Steel Company (JISCO), the JSW group began its first steel plan in Vasind near Mumbai. Toranagallu in Karnataka's Bellary district is rich in high-grade iron ore, where Jindal Vijayanagar Steel (JCSL) was established in 1994.

JSW Steel collaborates with FE Steel Corp, Japan, to manufacture automotive steel of the highest grade. It also started a joint venture in Georgia and raised its manufacturing capacity to 18 MTPA through its mining acquisition in Mozambique, US and Chile. In August 2014, JSW Steel acquired Welspun Maxstell in a deal amounting to 1000cr.

Board, Management and Auditors

Board of Directors

Savitri Devi Jindal–Chairperson Emeritus

Savitri Devi is a well-known industrialist and has been on the board of directors for JSW Steel from May 2005 to October 2011. She is presently the Chairperson emeritus.

Sajjan Jindal–Chairman & Managing Director, Non-Independent Executive Director

Sajan Jindal is a qualified mechanical engineer from Bangalore University. He is the chief promoter of the company and is responsible for the company's expansion to produce cement, steel, infrastructure building and power.

SESHAGIRI RAO MVS—Joint Managing Director & Group CFO. Non-Independent Executive Director

Seshagiri Roa oversees all JSW steel operations concerning the formulation of strategies and has contributed much to developing the company's business through expansions, mergers, cost management, joint ventures and acquisitions.

Vinod Nowal–Deputy Managing Director, Non-Independent Executive Director

Vinod. Nowal is President of the Karnataka Iron and Steel Manufacturers' Association, Bangalore Chamber of Industry and Commerce, and the Tarapur Industrial Manufacturers Association. Nowal is a master's degree holder in business administration and a doctorate in inventory management.

Jayant Acharya–Director (Commercial & Marketing), Non-Independent Executive Director

Acharya is a Chemical engineer with a master's in physics (Birla Institute of Technology & Science) from Bits, Pilani and in business administration from Indore University. He is presently the Co-chairperson of the Steel & Non-Ferrous Metals committee for the Federation of Indian Chamber of Commerce and Industry. 

Hiroyuki Ogawa–Nominee Director, JFE Steel Corporation, Japan

Ogawa has a master's in mechanical engineering and a bachelor's from the Graduate School of Engineering at the University of Tokyo. He presently serves as the Senior Vice President, Corporate Planning Department.

Malay Mukherjee–Independent Non-Executive Director

Mukherjee is well-versed in handling managerial, technical, and commercial departments. In the past, Mukherjee has offered his services to Arcelor Mittal as Senior Executive Vice President and a director, and he had an association with Essar Steel Global. 

Punita Kumar Sinha–Independent Non-Executive Director

Punita Sinha has been the founder of Pacifica Adivors since 2012 and has been JSW Steel's director since October 2011. She is a chemical engineer from IIT, Delhi, and has a doctorate and master's in finance from the Wharton School, University of Pennsylvania.

1. N. JAYARAM, IAS–Nominee Director, KSIIDC

Jayaram, a post-graduate degree holder from Bangalore University, has worked with the Indian Administrative Sevices since 2004. He presently holds the position of Managing Director of Karnataka State Industrial & Infrastructure Development Corporation Limited (KSIIDC)

Mr. Haigreve Khaitan–Independent Non-Executive Director

Haigreve has been a partner and in charge of M&A and Private Equity practise at Khaitan & Co. since 1995. He started his illustrious career with litigation today as a specialist in Corporate Law. 

Kannan Vijayaragavan–Independent Non-Executive Director

Vijayaragavan is the founder of and chairman Sathguru Management Consultants Pvt. Ltd., Hyderabad, a large consultancy. The chartered accountant and certified management consultant presently hold the position of International Advisory Committee of AUTM and honorary President of the Society for Technology Management (STEM), Indian Association of Technology Management Professionals.

Vijay Kelkar–Independent Non-Executive Director

Padma Vibhusan Vijay Kelkar is a Bachelor in Science from Pune Univesity and a Masters's from the Minnesota University. He also holds a doctorate in the philosophy of development economics from the University of California, USA. He has been serving as a director at JSW Steel from 2010,

Seturaman Mahalingam–Independent Non-Executive Director

Seturaman is a chartered accountant who joined TCS as an IT consultant. He spearheaded the marketing campaign for TCS, enabling it to expand globally. He has offered services for 42 years to TCS.

Auditors

1. Siddharth, a partner at DELOITTE HASKINS & SELLS, signs the JSW Steels audit report. The company is based in Mumbai and is the parent company of 30 subsidiary companies with 3,267 employees worldwide. They are in charge of accounting, payroll services, tax compliance, and bookkeeping.

Market Capitalisation and Stock Information

The National Stock Exchange(NSE) and Bombay Stock Exchange (BSE) trade the JSW Steel shares.

The Face Value of shares is INR 1 each.
The stock is part of the S&P BSE 100 Index.

Shareholding Pattern

The Shareholding Pattern page of JSW Steel Ltd. presents the shareholding by the general public, DII's Holding, Promoter's holding, and FII's holding.

No Of Shares–2417220440 (100%)

Promoters–1050078570 (43.44%)

ForeignInstitutions –279981367 (11.58%)

NBanksMutualFunds–44272479 (1.83%)

CentralGovt–12375000 (0.51%)

Others–643701094 (26.63%)

General Public--193800023 ( 8.02%)

Financial Institutions–147528421 (6.1%)

Foreign Promoter—37979180 (1.57%)

GDR –7504306 (0.31%)

Corporate Social Responsibility Information

The JSW foundation initiatives provide health facilities, education, and opportunities to develop skills for the underprivileged to reduce social equalities. It also endeavours to provide clean drinking water and air to breathe.

Creation of Labour opportunities

The people of Bellary gave up their land to the JSW group to build a steel plant in the area with the hope of ample employment opportunities. The company did not disappoint the masses, as today, most women and youth from the village work in the factory or plant. Thus an atmosphere of trust exists between the corporate and the villagers. 

Education

The foundation offers vocational guidance such as tailoring and skills to work in BPO for women and marine fitting for boys. The skill development centres on vigours training for six months. 

Healthcare

The foundation offers deaddiction services to truckers and guidance to live better lives. A health centre in Jaigad, Bellary and Raigad offers pre and post-natal care to pregnant women. These centres tend to the sick and also undertake some basic medical tests.

Water Conservation

Although JSW operates on the Konkan Coast, an area having ample water, its proximity to the sea makes the available water salty. It is a hilly region, and the rainwater gushes into the sea resulting in acute drinking water shortage during certain times of the year. The JSW Foundation works to conserve water to ensure drinking water never runs dry. 

Financial Information

Top Line

JSW Steel Ltd has reflected a remarkable profit growth of 21.97 & and has been holding a healthy ROE of  20.08% for the past 3 years.  

The average operating margins remain stable at 20.30% for the past 5 years, and the company holds an efficient cash conversion cycle of 2.15 days. 

JSW Steel FAQs

What is Share Price of JSW Steel ?

JSW Steel share price is ₹854 As on 22 April, 2024 | 16:16

What is the Market Cap of JSW Steel ?

The Market Cap of JSW Steel is ₹209037.4 Cr As on 22 April, 2024 | 16:16

What is the P/E ratio of JSW Steel ?

The P/E ratio of JSW Steel is 18.7 As on 22 April, 2024 | 16:16

What is the PB ratio of JSW Steel ?

The PB ratio of JSW Steel is 3.9 As on 22 April, 2024 | 16:16

Is JSW Steel a good buy?

As per analysts rating in the last 6 months, the recommendation is to HOLD JSW Steel. JSW Steel has an operating revenue of INR 110,198.00 Cr. on a trailing 12-month basis. Annual revenue growth of 9% is good, Pre-tax margin of 15% is great. Institutional holding has gone up in the last reported quarter is a positive sign.

Who is the Chairman and Managing Director of JSW Steel Ltd?

Sajjan Jindal is the Chairman and Managing Director of JSW Steel.

What is the ROE of JSW Steel Ltd?

JSW Steel Ltd has an ROE of 16% is good.

What is the stock price CAGR of JSW Steel Ltd?

The stock price CAGR of JSW Steel for 10 Years is 26%, 5 Years is 29%, 3 Years is 26% and 1 Year is 80%.

 How to buy JSW Steel Ltd shares?

You can easily buy the shares of JSW Steel Ltd . by registering at 5Paisa and setting up a Demat Account in your name.

Q2FY23