JSW Steel Limited (JSWSTEEL) - Net Assets

Latest as of March 2026: Rs1.05 Trillion INR ≈ $11.41 Billion USD

Based on the latest financial reports, JSW Steel Limited (JSWSTEEL) has net assets worth Rs1.05 Trillion INR (≈ $11.41 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.70 Trillion ≈ $29.16 Billion USD) and total liabilities (Rs1.64 Trillion ≈ $17.76 Billion USD). 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. Also explore JSW Steel Limited total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs1.05 Trillion
% of Total Assets 39.11%
Annual Growth Rate 18.2%
5-Year Change 53.9%
10-Year Change 370.83%
Growth Volatility 20.13

JSW Steel Limited - Net Assets Trend (2005–2026)

This chart illustrates how JSW Steel Limited's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of JSW Steel Limited to evaluate the tangible quality of the company's equity base.

Annual Net Assets for JSW Steel Limited (2005–2026)

The table below shows the annual net assets of JSW Steel Limited from 2005 to 2026. For live valuation and market cap data, see market cap of JSW Steel Limited.

Year Net Assets Change
2026-03-31 Rs1.05 Trillion
≈ $11.41 Billion		 +29.15%
2025-03-31 Rs816.66 Billion
≈ $8.83 Billion		 +2.37%
2024-03-31 Rs797.76 Billion
≈ $8.63 Billion		 +19.00%
2023-03-31 Rs670.39 Billion
≈ $7.25 Billion		 -2.18%
2022-03-31 Rs685.35 Billion
≈ $7.41 Billion		 +48.52%
2021-03-31 Rs461.45 Billion
≈ $4.99 Billion		 +28.10%
2020-03-31 Rs360.24 Billion
≈ $3.90 Billion		 +4.89%
2019-03-31 Rs343.45 Billion
≈ $3.71 Billion		 +24.74%
2018-03-31 Rs275.34 Billion
≈ $2.98 Billion		 +22.91%
2017-03-31 Rs224.02 Billion
≈ $2.42 Billion		 +3.47%
2016-03-31 Rs216.51 Billion
≈ $2.34 Billion		 -6.48%
2015-03-31 Rs231.52 Billion
≈ $2.50 Billion		 +4.73%
2014-03-31 Rs221.05 Billion
≈ $2.39 Billion		 +26.02%
2013-03-31 Rs175.41 Billion
≈ $1.90 Billion		 +3.38%
2012-03-31 Rs169.67 Billion
≈ $1.83 Billion		 +1.21%
2011-03-31 Rs167.65 Billion
≈ $1.81 Billion		 +76.93%
2010-03-31 Rs94.76 Billion
≈ $1.02 Billion		 +17.32%
2009-03-31 Rs80.77 Billion
≈ $873.51 Million		 -0.04%
2008-03-31 Rs80.81 Billion
≈ $873.90 Million		 +44.53%
2007-03-31 Rs55.91 Billion
≈ $604.65 Million		 +30.90%
2006-03-31 Rs42.71 Billion
≈ $461.92 Million		 +35.61%
2005-03-31 Rs31.50 Billion
≈ $340.63 Million		 --

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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Common Stock Rs3.05 Billion 0.30%
Other Components Rs997.48 Billion 99.70%
Total Equity Rs1.00 Trillion 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
SSE PLC ADR LS-50 1
F:SCTA
 $34.54 Billion
Shinhan Financial Group
KO:055550
 $34.55 Billion
Teva Pharmaceutical Industries Limited
F:TEV
 $34.58 Billion
Trip.com Group Ltd ADR
NASDAQ:TCOM
 $34.61 Billion
United Microelectronics Corporation
F:UMCB
 $34.44 Billion
Vodafone Group Plc
MX:VODN
 $34.39 Billion
Lonza Group AG
SW:LONN
 $34.36 Billion
Live Nation Entertainment Inc
NYSE:LYV
 $34.35 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 2025 to 2026, total equity changed from 794,960,000,000 to 1,000,530,000,000, a change of 205,570,000,000 (25.9%).
  • Net income of 223,160,000,000 contributed positively to equity growth.
  • Dividend payments of 6,850,000,000 reduced retained earnings.
  • Share repurchases of 3,940,000,000 reduced equity.
  • Other comprehensive income decreased equity by 196,590,000,000.
  • Other factors increased equity by 189,790,000,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income Rs223.16 Billion +22.3%
Dividends Paid Rs6.85 Billion -0.68%
Share Repurchases Rs3.94 Billion -0.39%
Other Comprehensive Income Rs-196.59 Billion -19.65%
Other Changes Rs189.79 Billion +18.97%
Total Change Rs- 25.86%

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: 3.20x
  • 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 58.37x to 3.20x 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 Rs22.41 Rs1307.90 x
2006-03-31 Rs28.26 Rs1307.90 x
2007-03-31 Rs35.04 Rs1307.90 x
2008-03-31 Rs44.02 Rs1307.90 x
2009-03-31 Rs41.72 Rs1307.90 x
2010-03-31 Rs49.31 Rs1307.90 x
2011-03-31 Rs80.49 Rs1307.90 x
2012-03-31 Rs75.07 Rs1307.90 x
2013-03-31 Rs77.73 Rs1307.90 x
2014-03-31 Rs90.76 Rs1307.90 x
2015-03-31 Rs95.37 Rs1307.90 x
2016-03-31 Rs89.54 Rs1307.90 x
2017-03-31 Rs93.69 Rs1307.90 x
2018-03-31 Rs115.83 Rs1307.90 x
2019-03-31 Rs143.95 Rs1307.90 x
2020-03-31 Rs151.41 Rs1307.90 x
2021-03-31 Rs193.46 Rs1307.90 x
2022-03-31 Rs278.41 Rs1307.90 x
2023-03-31 Rs271.78 Rs1307.90 x
2024-03-31 Rs318.83 Rs1307.90 x
2025-03-31 Rs325.08 Rs1307.90 x
2026-03-31 Rs409.12 Rs1307.90 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): 22.30%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.03%
  • • Asset Turnover: 0.69x
  • • Equity Multiplier: 2.70x
  • Recent ROE (22.30%) is above the historical average (13.99%), indicating improving 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 Rs5.55 Billion
2006 19.84% 13.99% 0.56x 2.55x Rs4.29 Billion
2007 23.10% 14.85% 0.68x 2.30x Rs7.33 Billion
2008 20.79% 13.17% 0.48x 3.32x Rs8.51 Billion
2009 3.11% 1.52% 0.46x 4.40x Rs-5.38 Billion
2010 17.26% 8.43% 0.53x 3.86x Rs6.72 Billion
2011 10.61% 7.25% 0.52x 2.79x Rs1.01 Billion
2012 8.91% 4.34% 0.63x 3.24x Rs-1.82 Billion
2013 5.72% 2.59% 0.66x 3.33x Rs-7.43 Billion
2014 1.91% 0.82% 0.66x 3.54x Rs-17.75 Billion
2015 7.79% 3.39% 0.62x 3.73x Rs-5.09 Billion
2016 -1.55% -0.81% 0.50x 3.80x Rs-25.00 Billion
2017 15.56% 6.34% 0.63x 3.89x Rs12.58 Billion
2018 22.19% 8.64% 0.78x 3.29x Rs34.14 Billion
2019 21.95% 9.01% 0.74x 3.30x Rs41.59 Billion
2020 11.01% 5.53% 0.55x 3.60x Rs3.70 Billion
2021 16.92% 9.91% 0.54x 3.17x Rs32.35 Billion
2022 30.71% 14.12% 0.74x 2.92x Rs139.35 Billion
2023 6.31% 2.50% 0.79x 3.21x Rs-24.25 Billion
2024 11.35% 5.04% 0.77x 2.94x Rs10.45 Billion
2025 4.41% 2.08% 0.70x 3.03x Rs-44.46 Billion
2026 22.30% 12.03% 0.69x 2.70x Rs123.11 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: $7,030,486,999
  • Average return on equity (ROE) among peers: 7.10%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
JSW Steel Limited (JSWSTEEL) Rs1.05 Trillion 27.62% 1.56x $34.52 Billion
Ankit Metal & Power Limited (ANKITMETAL) $1.20 Billion 5.37% 2.25x $2.40 Million
APL Apollo Tubes Limited (APLAPOLLO) $52.97 Billion 22.71% 0.67x $5.84 Billion
Bansal Wire Industries Ltd (BANSALWIRE) $4.61 Billion 15.96% 1.74x $560.58 Million
Bedmutha Industries Limited (BEDMUTHA) $1.28 Billion 4.30% 0.94x $39.22 Million
Bharat Wire Ropes Limited (BHARATWIRE) $4.52 Billion 3.03% 0.71x $152.86 Million
Electrotherm (India) Limited (ELECTHERM) $-7.81 Billion 0.00% 0.00x $139.34 Million
Grand Foundry Limited (GFSTEELS) $-57.50 Million 0.00% 0.00x $4.70 Million
Goodluck India Limited (GOODLUCK) $2.55 Billion 8.60% 2.18x $539.66 Million
Godawari Power And Ispat limited (GPIL) $10.92 Billion 6.07% 2.43x $1.73 Billion
Hariom Pipe Industries Limited (HARIOMPIPE) $133.09 Million 4.92% 1.35x $135.08 Million

About JSW Steel Limited

NSE:JSWSTEEL India Steel
Market Cap
$34.52 Billion
Rs3.19 Trillion INR
Market Cap Rank
#790 Global
#20 in India
Share Price
Rs1307.90
Change (1 day)
-1.66%
52-Week Range
Rs1026.60 - Rs1330.00
All Time High
Rs1330.00
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