JSW Steel Ltd (JSWSTEEL) — shareholding pattern, promoter holding, financials and share price
About JSW Steel Ltd (JSWSTEEL)
JSW Steel Ltd operates in the Iron & Steel industry, within the Metals & Mining sector. It trades on the NSE as JSWSTEEL and on the BSE under scrip code 500228. Its ISIN is INE019A01038.
JSW Steel is primarily engaged in the business of manufacture and sale of Iron and Steel Products. [1] It is the flagship business of the diversified, US$ 23 billion JSW Group.The Group has interests in energy, infrastructure, cement, paints, sports, and venture capital. [2]
JSW Steel Limited is an integrated steel manufacturer with a substantial presence in India and the USA, producing a wide range of steel products across several facilities.
The company is significantly expanding capacity, aiming to increase its Indian production to 50 million tonnes by FY31, leveraging strategic locations like its upcoming Odisha plant.
Listed peers in Iron & Steel: Tata Steel Ltd, Jindal Steel Ltd, Steel Authority of India Ltd, Jindal Stainless Ltd, Sarda Energy & Minerals Ltd, Vedanta Iron & Steel Ltd.
Valuation & Returns
10 Jul 2026At ₹1,245.3 a share on 10 Jul 2026, JSW Steel Ltd (JSWSTEEL) was valued at a price-to-earnings ratio of 11.94x against an industry P/E of 24.95x and a price-to-book of 3.04x on a book value of ₹409.14 per share as of Mar 2026. Solomo computes return on equity of 25.49% and return on capital employed of 19.24% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 11.94x
- Industry P/E
- 24.95x
- P/B
- 3.04x
- EPS (TTM)
- ₹104.31
- Book value / share
- ₹409.14
- ROE
- 25.49%
- ROCE
- 19.24%
- ROA
- 9.46%
- Debt / equity
- 0.99x
- Dividend yield
- 0.57%
- EBITDA margin
- 26.34%
- 52-week range
- ₹1,017.4 – ₹1,328
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, JSW Steel Ltd (JSWSTEEL) reported revenue of ₹1,85,470 crore, net profit of ₹25,508 crore and earnings per share of ₹91.26. That compares with revenue of ₹1,68,824 crore and net profit of ₹3,491 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹51,180 crore and net profit ₹19,243 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,46,371 | 1,65,960 | 1,75,006 | 1,68,824 | 1,85,470 |
| Net profit (₹ cr) | 20,938 | 4,139 | 8,973 | 3,491 | 25,508 |
| EPS (₹) | 85.49 | 17.14 | 36.03 | 14.33 | 91.26 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 9.88% | 13.44% | 0.29% | 9.86% |
| Profit growth | 6.90% | -4.92% | 9.73% | 630.68% |
| Stock price CAGR | 22% | 12% | 15% | 19% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 44.29% of JSW Steel Ltd (JSWSTEEL) (down 1.03 pp QoQ), foreign institutional investors (FII) hold 25.92% and domestic institutional investors (DII) hold 11.49%. Promoters have pledged 11.6% of their holding. Market capitalisation was ₹3,04,532 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: JFE STEEL INTERNATIONAL EUROPE B.V. 15%, LIFE INSURANCE CORPORATION OF INDIA 4.94%, GAGANDEEP CREDIT CAPITAL PVT LTD 2.03%, SBI ARBITRAGE OPPORTUNITIES FUND 1.68%, ENAM SECURITIES PVT LTD 1.14%, SHAMYAK INVESTMENT PRIVATE LIMITED 1.09%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 44.29% | 11.6% | 25.92% | 11.49% | 55.52% |
| Mar 2026 | 45.32% | 11.8% | 25.38% | 11.15% | 54.49% |
| Dec 2025 | 45.32% | 11.7% | 25.38% | 11.05% | 54.49% |
| Sep 2025 | 45.32% | 12.5% | 25.55% | 10.87% | 54.56% |
| Jun 2025 | 45.31% | 12.4% | 25.43% | 10.92% | 54.45% |
| Mar 2025 | 44.84% | 13.4% | 25.78% | 10.52% | 54.96% |
| Dec 2024 | 44.85% | 14.1% | 25.59% | 10.59% | 54.93% |
| Sep 2024 | 44.84% | 14.3% | 25.66% | 10.54% | 54.92% |