JSW Steel Limited

NSE:JSWSTEEL India Steel
Market Cap
$32.28 Billion
₹2.80 Trillion INR
Market Cap Rank
#1529 Global
#26 in India
Share Price
₹1145.60
Change (1 day)
+2.35%
52-Week Range
₹930.30 - ₹1280.60
All Time High
₹1280.60
Categories
Companies in India Steel
About

JSW Steel Limited manufactures and sells iron and steel products in India and internationally. The company offers color coated steel products, color-coated roofing sheets, galvalume coil and sheets, aluminum-zinc sheets, galvanized corrugated sheets, tin plate products, lead-free coils and sheets, Al-Zn-Mg coated galvanized steel, multi-utility steel sheets, hot rolled and cold-rolled coils, cold… Read more

JSW Steel Limited (JSWSTEEL) - Net Assets

Latest net assets as of September 2025: ₹851.50 Billion INR

Based on the latest financial reports, JSW Steel Limited (JSWSTEEL) has net assets worth ₹851.50 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 (₹2.50 Trillion) and total liabilities (₹1.65 Trillion). 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 ₹851.50 Billion
% of Total Assets 34.0%
Annual Growth Rate 17.68%
5-Year Change 76.98%
10-Year Change 277.2%
Growth Volatility 20.52

JSW Steel Limited - Net Assets Trend (2005–2025)

This chart illustrates how JSW Steel Limited'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 Steel Limited (2005–2025)

The table below shows the annual net assets of JSW Steel Limited from 2005 to 2025.

Year Net Assets Change
2025-03-31 ₹816.66 Billion +2.37%
2024-03-31 ₹797.76 Billion +19.00%
2023-03-31 ₹670.39 Billion -2.18%
2022-03-31 ₹685.35 Billion +48.52%
2021-03-31 ₹461.45 Billion +28.10%
2020-03-31 ₹360.24 Billion +4.89%
2019-03-31 ₹343.45 Billion +24.74%
2018-03-31 ₹275.34 Billion +22.91%
2017-03-31 ₹224.02 Billion +3.47%
2016-03-31 ₹216.51 Billion -6.48%
2015-03-31 ₹231.52 Billion +4.73%
2014-03-31 ₹221.05 Billion +26.02%
2013-03-31 ₹175.41 Billion +3.38%
2012-03-31 ₹169.67 Billion +1.21%
2011-03-31 ₹167.65 Billion +76.93%
2010-03-31 ₹94.76 Billion +17.32%
2009-03-31 ₹80.77 Billion -0.04%
2008-03-31 ₹80.81 Billion +44.53%
2007-03-31 ₹55.91 Billion +30.90%
2006-03-31 ₹42.71 Billion +35.61%
2005-03-31 ₹31.50 Billion --

Equity Component Analysis

This analysis shows how different components contribute to JSW Steel Limited'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 51812000000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ₹518.12 Billion 65.18%
Common Stock ₹2.44 Billion 0.31%
Other Comprehensive Income ₹196.59 Billion 24.73%
Other Components ₹77.81 Billion 9.79%
Total Equity ₹794.96 Billion 100.00%

JSW Steel Limited Competitors by Market Cap

The table below lists competitors of JSW Steel Limited ranked by their market capitalization.

Company Market Cap
Align Technology Inc
NASDAQ:ALGN
 		$11.30 Billion
Bajaj Finserv Limited
NSE:BAJAJFINSV
 		$11.32 Billion
Genmab A/S
PINK:GNMSF
 		$11.33 Billion
Asian Paints Limited
NSE:ASIANPAINT
 		$11.34 Billion
AP Moeller - Maersk A/S A
PINK:AMKAF
 		$11.30 Billion
IAMGold Corporation
NYSE:IAG
 		$11.28 Billion
WEG S.A
SA:WEGE3
 		$11.28 Billion
Dino Polska S.A.
PINK:DNOPF
 		$11.25 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in JSW Steel Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 776,690,000,000 to 794,960,000,000, a change of 18,270,000,000 (2.4%).
  • Net income of 35,040,000,000 contributed positively to equity growth.
  • Dividend payments of 17,850,000,000 reduced retained earnings.
  • Share repurchases of 440,000,000 reduced equity.
  • Other comprehensive income increased equity by 2,230,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₹35.04 Billion +4.41%
Dividends Paid ₹17.85 Billion -2.25%
Share Repurchases ₹440.00 Million -0.06%
Other Comprehensive Income ₹2.23 Billion +0.28%
Other Changes ₹-270.00 Million -0.03%
Total Change ₹- 2.35%

Book Value vs Market Value Analysis

This analysis compares JSW Steel Limited'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: 3.52x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 51.13x to 3.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-03-31 ₹22.41 ₹1145.60 x
2006-03-31 ₹28.26 ₹1145.60 x
2007-03-31 ₹35.04 ₹1145.60 x
2008-03-31 ₹44.02 ₹1145.60 x
2009-03-31 ₹41.72 ₹1145.60 x
2010-03-31 ₹49.31 ₹1145.60 x
2011-03-31 ₹80.49 ₹1145.60 x
2012-03-31 ₹75.07 ₹1145.60 x
2013-03-31 ₹77.73 ₹1145.60 x
2014-03-31 ₹90.76 ₹1145.60 x
2015-03-31 ₹95.37 ₹1145.60 x
2016-03-31 ₹89.54 ₹1145.60 x
2017-03-31 ₹93.69 ₹1145.60 x
2018-03-31 ₹115.83 ₹1145.60 x
2019-03-31 ₹143.95 ₹1145.60 x
2020-03-31 ₹151.41 ₹1145.60 x
2021-03-31 ₹193.46 ₹1145.60 x
2022-03-31 ₹278.41 ₹1145.60 x
2023-03-31 ₹271.78 ₹1145.60 x
2024-03-31 ₹318.83 ₹1145.60 x
2025-03-31 ₹325.08 ₹1145.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently JSW Steel Limited 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): 4.41%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.08%
  • • Asset Turnover: 0.70x
  • • Equity Multiplier: 3.03x
  • Recent ROE (4.41%) is below the historical average (13.60%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 27.62% 13.03% 0.78x 2.71x ₹5.55 Billion
2006 19.84% 13.99% 0.56x 2.55x ₹4.29 Billion
2007 23.10% 14.85% 0.68x 2.30x ₹7.33 Billion
2008 20.79% 13.17% 0.48x 3.32x ₹8.51 Billion
2009 3.11% 1.52% 0.46x 4.40x ₹-5.38 Billion
2010 17.26% 8.43% 0.53x 3.86x ₹6.72 Billion
2011 10.61% 7.25% 0.52x 2.79x ₹1.01 Billion
2012 8.91% 4.34% 0.63x 3.24x ₹-1.82 Billion
2013 5.72% 2.59% 0.66x 3.33x ₹-7.43 Billion
2014 1.91% 0.82% 0.66x 3.54x ₹-17.75 Billion
2015 7.79% 3.39% 0.62x 3.73x ₹-5.09 Billion
2016 -1.55% -0.81% 0.50x 3.80x ₹-25.00 Billion
2017 15.56% 6.34% 0.63x 3.89x ₹12.58 Billion
2018 22.19% 8.64% 0.78x 3.29x ₹34.14 Billion
2019 21.95% 9.01% 0.74x 3.30x ₹41.59 Billion
2020 11.01% 5.53% 0.55x 3.60x ₹3.70 Billion
2021 16.92% 9.91% 0.54x 3.17x ₹32.35 Billion
2022 30.71% 14.12% 0.74x 2.92x ₹139.35 Billion
2023 6.31% 2.50% 0.79x 3.21x ₹-24.25 Billion
2024 11.35% 5.04% 0.77x 2.94x ₹10.45 Billion
2025 4.41% 2.08% 0.70x 3.03x ₹-44.46 Billion

Industry Comparison

This section compares JSW Steel Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $4,217,519,364
  • Average return on equity (ROE) among peers: 6.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
JSW Steel Limited (JSWSTEEL) ₹851.50 Billion 27.62% 1.94x $11.30 Billion
Ankit Metal & Power Limited (ANKITMETAL) $-7.85 Billion 0.00% 0.00x $736.65K
APL Apollo Tubes Limited (APLAPOLLO) $30.06 Billion 21.36% 0.95x $3.97 Billion
Ashoka Metcast Limited (ASHOKAMET) $209.48 Million -0.93% 0.37x $1.74 Million
Bansal Wire Industries Ltd (BANSALWIRE) $4.61 Billion 15.96% 1.74x $84.61 Million
Bedmutha Industries Limited (BEDMUTHA) $1.31 Billion 0.53% 1.71x $8.22 Million
Bharat Wire Ropes Limited (BHARATWIRE) $661.68 Million 3.24% 1.16x $59.63 Million
Electrotherm (India) Limited (ELECTHERM) $-12.22 Billion 0.00% 0.00x $30.25 Million
Gallantt Ispat Limited (GALLANTT) $20.83 Billion 8.44% 0.29x $329.53 Million
Grand Foundry Limited (GFSTEELS) $-88.23 Million 0.00% 0.00x $1.30 Million
Goodluck India Limited (GOODLUCK) $4.66 Billion 16.10% 1.69x $164.47 Million