Meeting Agenda: Quarterly Results. Please add to watchlist to track closely.
JSW Steel Share Price
JSW Steel Share Price
JSW Steel share price insights
Company has spent 4.63% of its operating revenues towards interest expenses and 2.62% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
14 day moving crossover appeared on Jul 16, 2024. Average price gain of 3.14% within 7 days of this signal in last 5 years.
Stock gave a 3 year return of 33.89% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)
JSW Steel Ltd. share price moved down by -0.21% from its previous close of Rs 934.35. JSW Steel Ltd. stock last traded price is 932.45
Share Price Value Today/Current/Last 932.45 Previous Day 934.35
Key Metrics
PE Ratio (x) | 25.88 | ||||||||||
EPS - TTM (₹) | 36.03 | ||||||||||
MCap (₹ Cr.) | 2,27,561 | ||||||||||
Sectoral MCap Rank | 1 | ||||||||||
PB Ratio (x) | 2.86 | ||||||||||
Div Yield (%) | 0.78 | ||||||||||
Face Value (₹) | 1.00 | ||||||||||
Beta Beta
| 2.19 | ||||||||||
VWAP (₹) | 928.46 | ||||||||||
52W H/L (₹) |
JSW Steel Share Price Returns
1 Day | -0.21% |
1 Week | 0.81% |
1 Month | 0.77% |
3 Months | 10.38% |
1 Year | 17.9% |
3 Years | 32.53% |
5 Years | 250.41% |
JSW Steel News & Analysis
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Announcements
JSW Steel Share Recommendations
Recent Recos
Current
Mean Recos by 28 Analysts
SellSellHoldBuyStrong
Buy
That's all for JSW Steel recommendations. Check out other stock recos.
Analyst Trends
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 |
Buy | 9 | 9 | 9 | 7 |
Hold | 7 | 7 | 7 | 7 |
Sell | 4 | 4 | 3 | 3 |
Strong Sell | 3 | 3 | 4 | 4 |
# Analysts | 28 | 28 | 28 | 26 |
JSW Steel Financials
Income (P&L)
Balance Sheet
Cash Flow
Ratios
MD&A
Insights
Employee & Interest Expense
Company has spent 4.63% of its operating revenues towards interest expenses and 2.62% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
Quarterly | Annual Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023 Total Income 46,511.00 42,134.00 44,821.00 42,544.00 47,427.00 Total Income Growth (%) 10.39 -5.99 5.35 -10.30 20.61 Total Expenses 42,339.00 36,819.00 38,128.00 37,067.00 41,032.00 Total Expenses Growth (%) 14.99 -3.43 2.86 -9.66 12.51 EBIT 4,172.00 5,315.00 6,693.00 5,477.00 6,395.00 EBIT Growth (%) -21.51 -20.59 22.20 -14.35 124.15 Profit after Tax (PAT) 1,299.00 2,415.00 2,760.00 2,338.00 3,664.00 PAT Growth (%) -46.21 -12.50 18.05 -36.19 647.76 EBIT Margin (%) 8.97 12.61 14.93 12.87 13.48 Net Profit Margin (%) 2.79 5.73 6.16 5.50 7.73 Basic EPS (₹) 5.33 9.92 11.38 9.72 15.24 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 2,28,198.00 2,11,078.00 1,96,485.00 1,48,317.00 1,31,820.00 Total Assets Growth (%) 8.11 7.43 32.48 12.51 14.71 Total Liabilities 1,48,422.00 1,44,006.00 1,27,950.00 1,02,172.00 95,796.00 Total Liabilities Growth (%) 3.07 12.55 25.23 6.66 18.90 Total Equity 79,776.00 67,039.00 68,535.00 46,145.00 36,024.00 Total Equity Growth (%) 19.00 -2.18 48.52 28.10 4.89 Current Ratio (x) 0.98 0.97 1.14 0.83 0.83 Total Debt to Equity (x) 1.10 1.20 1.04 1.11 1.45 Contingent Liabilities 0.00 35,839.00 31,250.00 48,432.00 37,150.00 All figures in Rs Cr, unless mentioned otherwise
Insights
Increase in Cash from Investing
Company has used Rs 14638.0 cr for investing activities which is an YoY increase of 36.66%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 12,078.00 23,323.00 26,270.00 18,789.00 12,785.00 Net Cash used in Investing Activities -14,638.00 -10,711.00 -15,987.00 -8,119.00 -19,586.00 Net Cash flow from Financing Activities -4,827.00 -5,977.00 -14,657.00 -3,110.00 5,189.00 Net Cash Flow -7,394.00 6,616.00 -3,135.00 7,977.00 -1,615.00 Closing Cash & Cash Equivalent 8,030.00 15,424.00 8,808.00 11,943.00 3,966.00 Closing Cash & Cash Equivalent Growth (%) -47.94 75.11 -26.25 201.13 -28.94 Total Debt/ CFO (x) 7.09 3.38 2.66 2.75 4.15 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) 11.34 6.30 30.70 16.91 11.01 Return on Capital Employed (%) 12.99 8.57 24.85 15.28 9.27 Return on Assets (%) 3.86 1.96 10.51 5.33 3.05 Interest Coverage Ratio (x) 3.61 2.84 8.16 4.06 1.92 Asset Turnover Ratio (x) 0.80 0.71 0.76 53.82 55.62 Price to Earnings (x) 28.82 50.00 10.67 17.89 10.94 Price to Book (x) 3.26 3.15 3.28 3.02 1.20 EV/EBITDA (x) 11.25 13.62 6.77 8.66 6.80 EBITDA Margin (%) 16.70 11.79 27.69 25.96 16.93 MANAGEMENT DISCUSSION AND ANALYSIS (FY 19-20)
Factor to watch - global trade tension
The global steel industry faced a challenging CY 2019, as demand growth in a few markets was largely offset by declines in the rest of the world. An uncertain economic environment, coupled with continued trade tensions, slowdown in global manufacturing notably auto sector and intensifying geopolitical issues, weighed on investment and trade
Adding to subsidiary count
JSW Steel completed the acquisition of Vardhaman Industries Limited (VIL), pursuant to the approval of the resolution plan by the National Company Law Appellate Tribunal (NCLAT) in December 2019 for a total consideration of 63.50 crore. VIL is now a wholly owned subsidiary of the Company. JSW Steel raised its holding in JSW Vallabh Tin Plate Limited (JSW VTPL) from 50% to 73.55%, and consequently JSW VTPL became a subsidiary of the Company with effect from 31 December 2019.
World's largest conveyor system - lowering logistic cost
The Company built the world?s largest conveyor system, which travels 24 km from the captive mines to the Vijayanagar plant. The pipe conveyor, fully operationalised in early FY 2019-20, reduces carbon footprint (by 3.86 kg/ tonne of CO2) and dust emissions while improving safety, as it eliminates cargo movement on roads. It also comes with significantly lower logistics cost compared with other modes of in-land transport. During FY 2019-20, 3.39 MnT of iron ore was dispatched, generating savings of Rs 56 crore.
JSW Steel Peer Comparison
JSW Steel Stock Performance
Ratio Performance
Insights
Stock Returns vs Nifty 100
Stock gave a 3 year return of 33.89% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)Stock Returns vs Nifty Metal
Stock generated 33.89% return as compared to Nifty Metal which gave investors 88.76% return over 3 year time period. (as of last trading session)
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Stock Returns vs Nifty 100
Stock gave a 3 year return of 33.89% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)Stock Returns vs Nifty Metal
Stock generated 33.89% return as compared to Nifty Metal which gave investors 88.76% return over 3 year time period. (as of last trading session)
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MF Ownership
MF Ownership details are not available.
JSW Steel F&O Quote
Futures
Options
- Expiry
Price
928.05-7.00 (-0.75%)
Open Interest
1,71,72,000-75,600 (-0.44%)
Open High Low Prev Close Contracts Traded Turnover (₹ Lakhs) 932.40 933.80 921.45 935.05 1,406 26,076.21 Open Interest as of 05 Jul 2024
Corporate Actions
JSW Steel Board Meeting/AGM
JSW Steel Dividends
- Others
Meeting Date Announced on Purpose Details Jul 19, 2024 Jun 26, 2024 Board Meeting Quarterly Results May 17, 2024 May 08, 2024 Board Meeting Audited Results & Dividend Jan 25, 2024 Dec 21, 2023 Board Meeting Quarterly Results Oct 20, 2023 Sep 26, 2023 Board Meeting Quarterly Results Jul 28, 2023 May 22, 2023 AGM Rs.3.4000 per share(340%)Final Dividend & A.G.M. Type Dividend Dividend per Share Ex-Dividend Date Announced on Final 730% 7.3 Jul 09, 2024 May 21, 2024 Final 340% 3.4 Jul 11, 2023 May 22, 2023 Final 1735% 17.35 Jul 04, 2022 May 27, 2022 Final 650% 6.5 Jul 05, 2021 May 21, 2021 Final 200% 2.0 Jul 06, 2020 May 22, 2020 All Types Ex-Date Record Date Announced on Details Splits Jan 04, 2017 Jan 05, 2017 Oct 27, 2016 Split: Old FV10.0| New FV:1.0 Rights - - Jan 20, 2006 Rights ratio: 1 share for every 8 held at a price of Rs 10.0
About JSW Steel
JSW Steel Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 228,490.99 Crore) operating in Metals - Ferrous sector. JSW Steel Ltd. key Products/Revenue Segments include Hot Rolled Coils/Plates/Sheets, Rolled Product, Coils (Cold Rolled), Coils & Sheets (Galvanised), Iron Ore, Others, Billets & Blooms, Other Operating Revenue, Color Coated Coil/Sheets, M S/S S Slabs for the year ending 31-Mar-2024. Show More
Executives
Auditors
- SD
Savitri Devi Jindal
Chairperson EmeritusSJSajjan Jindal
Chairman & Managing DirectorJAJayant Acharya
Joint Managing Director & CEOGSGajraj Singh Rathore
Whole Time Director & COOBCB C Sateesha
Nominee DirectorHOHiroyuki Ogawa
Nominee DirectorShow More - S R B C & Co. LLP
Industry
Key Indices Listed on
Nifty 50, BSE Sensex, Nifty 100, + 32 more
Address
JSW Centre,Bandra Kurla Complex,Mumbai, Maharashtra - 400051
More Details
Brands
FAQs about JSW Steel share
- 1. What's the JSW Steel share price today?JSW Steel share price was Rs 933.50 as on 18 Jul, 2024, 02:19 PM IST. JSW Steel share price was down by 0.10% based on previous share price of Rs. 931.7. In last 1 Month, JSW Steel share price moved up by 0.88%.
- 2. Who's the owner of JSW Steel?Promoter,DII and FII owns 44.81, 9.79 and 26.06 shares of JSW Steel as on 30 Jun 2024
- There is no change in promoter holding from 31 Mar 2024 to 30 Jun 2024
- Domestic Institutional Investors holding has gone up from 9.79 (31 Mar 2024) to 10.46 (30 Jun 2024)
- Foreign Institutional Investors holding have gone down from 26.06 (31 Mar 2024) to 25.52 (30 Jun 2024)
- Other investor holding have gone down from 19.34 (31 Mar 2024) to 19.21 (30 Jun 2024)
- 3. What are the key metrics to analyse JSW Steel Share Price?Key Metrics for JSW Steel are:
- PE Ratio of JSW Steel is 25.82
- Price/Sales ratio of JSW Steel is 1.45
- Price to Book ratio of JSW Steel is 2.86
- 4. Who is the chairman of JSW Steel?Sajjan Jindal is the Chairman & Managing Director of JSW Steel
- 5. Who is the CEO of JSW Steel?Jayant Acharya is the Joint Managing Director & CEO of JSW Steel
- 6. What are the JSW Steel quarterly results?On Consoldiated basis, JSW Steel reported a total income and profit of Rs 46511.00 Cr and Rs 1299.00 respectively for quarter ending 2024-03-31. Total Income and profit for the year ending 2024-03-31 was Rs 176010.00 Cr and Rs 8812.00 Cr.
- 7. What has been highest price of JSW Steel share in last 52 weeks?JSW Steel share price saw a 52 week high of Rs 959.40 and 52 week low of Rs 723.00.
- 8. What's the market capitalization of JSW Steel?JSW Steel share has a market capitalization of Rs 2,27,562 Cr. Within Metals - Ferrous sector, it's market cap rank is 1.
- 9. Is JSW Steel giving dividend?An equity Final dividend of Rs 7.3 per share was declared by JSW Steel Ltd. on 21 May 2024. So, company has declared a dividend of 730% on face value of Rs 1 per share. The ex dividend date was 09 Jul 2024.
- 10. What are the returns for JSW Steel share?Return Performance of JSW Steel Shares:
- 1 Week: JSW Steel share price moved up by 0.92%
- 1 Month: JSW Steel share price moved up by 0.88%
- 3 Month: JSW Steel share price moved up by 10.50%
- 6 Month: JSW Steel share price moved up by 16.16%
- 11. What is the PE & PB ratio of JSW Steel?The PE ratio of JSW Steel stands at 25.93, while the PB ratio is 3.57.
- 12. Who are peers to compare JSW Steel share price?Within Metals - Ferrous sector JSW Steel, Tata Steel Ltd., Jindal Steel & Power Ltd., Steel Authority of India (SAIL) Ltd., Shyam Metalics and Energy Ltd., Technocraft Industries (India) Ltd., Prakash Industries Ltd., Steel Exchange India Ltd., Manaksia Steels Ltd., Visa Steel Ltd. and Incredible Industries Ltd. are usually compared together by investors for analysis.
- 13. What is the CAGR of JSW Steel?The CAGR of JSW Steel is 21.68.
- 14. What is the recommendation for JSW Steel - Buy or Sell?As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 28 analysts for JSW Steel stock is to Hold. Recommendation breakup is as follows
- 5 analysts are recommending Strong Buy
- 9 analysts are recommending to Buy
- 7 analysts are recommending to Hold
- 4 analysts are recommending to Sell
- 3 analysts are recommending Strong Sell
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