profit from every ₹100 of sales.
₹0₹100
JSW Steel
₹1,348.00-0.30% today
+24.6% in 1 year
1-year low ₹1,079.601-year high ₹1,357.10
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹14.75 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What JSW Steel sold, what it kept, and what it did with the cash.
Sales went from ₹1.64 trillion in 2023 to ₹1.82 trillion in 2026, with ₹223 billion of profit last year.
SalesProfit
JSW Steel handed back 10% of the cash it generated last year.
Buybacks ₹3.9B₹6.9B
Free cash flow 2026₹105.0B
Bought back its own shares₹3.9B
Paid as dividends₹6.9B
Cash vs. debt₹392.6B vs. ₹1.19T
JSW Steel vs. similar companies
JSW Steel grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| JSW Steel | 14.8× · Cheap | ||
 Nucor | 32.5× · Expensive | ||
 ArcelorMittal | 15.0× · Cheap | ||
 Steel Dynamics | 27.5× · Fair price | ||
 Tata Steel | 21.6× · Fair price |
AI analysis
An AI analyst reads JSW Steel's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1,636,460 | 1,725,880 | 1,665,750 | 1,820,370 | |
| 554,800 | 624,070 | 674,330 | 784,920 | |
| 131,590 | 204,960 | 135,950 | 202,200 | |
| 193,890 | 291,830 | 227,980 | 479,530 | |
| 41,440 | 88,120 | 35,040 | 223,160 | |
| 17.14 | 36.17 | 14.32 | – | |
| 33.9% | 36.2% | 40.5% | 43.1% | |
| 8.0% | 11.9% | 8.2% | 11.1% | |
| 2.5% | 5.1% | 2.1% | 12.3% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 2,110,780 | 2,281,980 | 2,407,420 | 2,696,760 |
| Cash | 154,240 | 54,600 | 110,450 | 392,560 |
| Total debt | 1,066,050 | 1,056,090 | 1,192,220 | 1,191,270 |
| Total liabilities | 1,440,390 | 1,484,220 | 1,590,760 | 1,642,010 |
| 656,950 | 776,690 | 794,960 | 1,000,530 | |
| 2,417 | 2,436 | 2,447 | – | |
| 5.2% | 8.6% | 5.1% | 13.1% | |
| 6.3% | 11.3% | 4.4% | 22.3% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 233,230 | 120,780 | 208,990 | 251,520 | |
| 147,840 | 158,010 | 126,940 | 146,540 | |
| 85,390 | -37,230 | 82,050 | 104,980 | |
| Dividends paid | 41,940 | 8,220 | 17,850 | 6,850 |
| 0 | – | 440 | 3,940 | |
| 2,190 | 2,080 | 1,700 | 1,670 |
Valuation
- 14.8×
- –
- –
- 3.1×
- 1.8×
- 31.4×
- 8.5×
- 3.2%
- 6.8%
- 0.2%
Profitability
- 43.1%
- 11.1%
- 12.3%
- –
- 13.1%
- 8.0%
- –
- –
- –
- –
Growth
- +3.6%
- –
- –
- –
- +0.4%
Financial health
- 1.7×
- 1.19
- –
- 4.2×
- 1.49
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 21%of 989
Top 46%of 954
Top 30%of 778
Bottom 48%of 940
Top 41%of 990
0.2%of the share price, paid each year
On $1,000 invested$2a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
3.1% of its profit
Room to growStretchedMore than it earns: 6.5%
News
Jim Cramer Says Interim Nvidia CEO Colette Kress Leads With ‘Steel Fist’ After Jensen Huang Exit: ‘Absolutely The One You Need Right Now’Yahoo Finance · Nov 13, 2026Nippon Steel Corporation reports 1H resultsSeeking Alpha · Nov 5, 2026Simpson outlines 2026 operating margin of 20.0% to 20.5% as it readies additional steel-driven pricing actionsSeeking Alpha · Oct 27, 2026U.S. steel prices surge to four-year highs as overseas supplies decline sharplySeeking Alpha · Oct 16, 2026Algoma expects 65% drop in Q3 steel shipments after turbine outageSeeking Alpha · Oct 1, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
41No pass
Benjamin Graham
53No pass
Philip Fisher
42No pass
Peter Lynch
43No pass
Joel Greenblatt
47No pass
Charlie Munger
35No pass
Terry Smith
25No pass
Questions about JSW Steel
Is JSW Steel a good stock to buy?
A solid business, and the price looks low. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the JSW Steel AI analysis
What does JSW Steel do?
JSW Steel Limited manufactures and sells iron and steel products in India and internationally. It is in Steel, based in Mumbai, India.
Does JSW Steel pay a dividend?
Yes. At today's price the dividend is 0.2% a year, about 3% of its yearly profit. In 2026 it paid out ₹6.85 billion in dividends.
Is JSW Steel stock halal?
No. JSW Steel does not pass our halal screen: its debt is 36% of its market value, at or above the 33% limit. How we check
How has JSW Steel stock done over the past year?
Up 24.6% over the past twelve months, to ₹1,348.00. It traded between ₹1,079.60 and ₹1,357.10, close to its high.
Who are JSW Steel's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, Steel Dynamics and Tata Steel. The peers table on this page compares their profit, growth and price with JSW Steel's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.