JSW Cement Ltd
JSW Cement Limited manufactures and sells cement and cement-related products under the JSW Cement brand in India. The company offers Portland slag, ordinary Portland, composite, environment-friendly, Portland pozzolana, and water-repellant cement products. It also provides construction chemicals comprising precision steel grouts, mortars, and waterproofing compounds, as well as tile adhesives, gr… Read more
JSW Cement Ltd (JSWCEMENT) - Net Assets
Latest net assets as of September 2025: ₹60.51 Billion INR
Based on the latest financial reports, JSW Cement Ltd (JSWCEMENT) has net assets worth ₹60.51 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹141.05 Billion) and total liabilities (₹80.54 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹60.51 Billion |
| % of Total Assets | 42.9% |
| Annual Growth Rate | 3.95% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.22 |
JSW Cement Ltd - Net Assets Trend (2022–2025)
This chart illustrates how JSW Cement Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for JSW Cement Ltd (2022–2025)
The table below shows the annual net assets of JSW Cement Ltd from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹23.72 Billion | -0.55% |
| 2024-03-31 | ₹23.85 Billion | +6.46% |
| 2023-03-31 | ₹22.41 Billion | +6.09% |
| 2022-03-31 | ₹21.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to JSW Cement Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹11.36 Billion | 48.27% |
| Common Stock | ₹9.86 Billion | 41.93% |
| Other Components | ₹2.31 Billion | 9.80% |
| Total Equity | ₹23.53 Billion | 100.00% |
JSW Cement Ltd Competitors by Market Cap
The table below lists competitors of JSW Cement Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thai Oil PCL
STU:LQZ
|
$13.02K |
|
Clearwise AG
DU:ABO
|
$13.02K |
|
Genetics Generation Advancement Corp.
TWO:4160
|
$13.03K |
|
AVIC Fund Management Co. Ltd.- AVIC Jingneng Photovoltaic Close Fund
SHG:508096
|
$13.05K |
|
Glen Eagle Resources Inc
PINK:GERFF
|
$13.01K |
|
Natura Cosmeticos S.A.
SA:NATU3
|
$13.01K |
|
Bellevue Healthcare Trust PLC
F:67B
|
$13.00K |
|
Shahmurad Sugar Mills Ltd
KAR:SHSML
|
$13.00K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JSW Cement Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,646,810,000 to 23,525,540,000, a change of -1,121,270,000 (-4.5%).
- Net loss of 1,140,940,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-1.14 Billion | -4.85% |
| Other Changes | ₹19.67 Million | +0.08% |
| Total Change | ₹- | -4.55% |
Book Value vs Market Value Analysis
This analysis compares JSW Cement Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.68x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.57x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | ₹20.91 | ₹116.51 | x |
| 2023-03-31 | ₹17.22 | ₹116.51 | x |
| 2024-03-31 | ₹18.52 | ₹116.51 | x |
| 2025-03-31 | ₹172.55 | ₹116.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JSW Cement Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.00%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 5.10x
- Recent ROE (-4.85%) is below the historical average (4.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 11.46% | 5.35% | 0.49x | 4.35x | ₹312.09 Million |
| 2023 | 5.97% | 2.41% | 0.56x | 4.46x | ₹-924.30 Million |
| 2024 | 3.64% | 1.54% | 0.52x | 4.59x | ₹-1.57 Billion |
| 2025 | -4.85% | -2.00% | 0.47x | 5.10x | ₹-3.49 Billion |
Industry Comparison
This section compares JSW Cement Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $38,811,180,100
- Average return on equity (ROE) among peers: 12.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JSW Cement Ltd (JSWCEMENT) | ₹60.51 Billion | 11.46% | 1.33x | $13.01K |
| ACC Limited (ACC) | $143.12 Billion | 13.02% | 0.47x | $1.14 Billion |
| Andhra Cements Limited (ACL) | $2.62 Billion | 0.00% | 2.18x | $5.65 Million |
| Ambuja Cements Limited (AMBUJACEM) | $23.81 Billion | 16.19% | 0.96x | $3.98 Billion |
| Anjani Portland Cement Limited (APCL) | $850.44 Million | 5.09% | 3.86x | $6.37 Million |
| Birla Corporation Limited (BIRLACORPN) | $60.49 Billion | 6.59% | 1.29x | $304.39 Million |
| Burnpur Cement Limited (BURNPUR) | $-4.52 Billion | 0.00% | 0.00x | $6.21 Million |
| Barak Valley Cements Limited (BVCL) | $1.20 Billion | 6.03% | 0.95x | $3.15 Million |
| Dalmia Bharat Limited (DALBHARAT) | $157.59 Billion | 5.18% | 0.58x | $1.59 Billion |
| Deccan Cements Limited (DECCANCE) | $1.39 Billion | 34.44% | 1.71x | $43.11 Million |
| EURO PRATIK SALES LIMITED (EUROPRATIK) | $1.56 Billion | 40.39% | 0.12x | $46.56 Million |