ALFA Finder| Margins | Focus on VASP (61% share) and cost leadership via resource optimization. |
|---|---|
| Demand visibility | Strong domestic demand; record Q1 flats and institutional sales. |
| Management confidence | High; citing India's nation-building phase and demand growth outstripping GDP. |
Growth
Crude steel production reached 6.59mt (+3% YoY); sales volume at 6.25mt (+4% YoY) despite global headwinds.
Outlook
FY27 guidance: 29.75mt production and 28.6mt sales. Targeting 50mtpa India capacity by FY31 and 62mtpa by FY32.
Risks
Rising imports turning India into a net importer; geopolitical uncertainties and global manufacturing inventory cycles.
Earnings Call filed with BSE, NSE: JSWSTEEL. Summary written with AI assistance from the document.
JSW Steel Ltd: key numbers
- Share price
- ₹1,358.80
- Market cap
- ₹3,32,288 Cr
- Revenue (annual)
- ₹1,85,470 Cr
- Net profit (annual)
- ₹22,316 Cr
- P/E (TTM)
- 11.7×Sector 17.1×
- Promoter holding
- 44.30%+0.01% QoQ
- FII holding
- 26.23%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from JSW Steel Ltd
All →JSW Steel Business Update
JSW Steel reported consolidated crude steel production of 25.73 lakh tonnes for October 2026, up 19% YoY. Indian operations ran at 92% capacity utilisation.
JSW Steel Other Announcement
JSW Steel's employee welfare trusts sold shares on several days from 3 to 6 November 2026. Holdings fell only slightly, to about 0.14 percent.
JSW Steel Merger & Restructuring Worth ₹0.02 Cr
JSW Steel's wholly owned subsidiary Peddar Realty Limited will subscribe Rs. 2 lakh to form a new real estate entity, which will be a step-down subsidiary. The entity is yet to be incorporated.
- Value
- ₹0.02 Cr
JSW Steel Employee Stock Options
JSW Steel's ESOP welfare trust sold approximately 6.15 lakh shares across two plan accounts via NSE and off-market in late Oct/early Nov 2026, totalling about ₹0.62 Crore.
- Value
- ₹0.62 Cr
JSW Steel Acquisition
JSW Steel's scheme to amalgamate Piombino Steel became effective on 31 October 2026. Piombino now stands merged into JSW Steel under the NCLT-sanctioned scheme.
JSW Steel Employee Stock Options
JSW Steel's ESOP welfare trust sold 22,708 shares across five off-market and market transactions between October 26–28, 2026. The routine inventory sale requires no further action from shareholders.