JSW Steel Limited (JSWSTEEL) - Net Assets

Latest as of September 2025: Rs851.50 Billion INR ≈ $9.21 Billion USD

Based on the latest financial reports, JSW Steel Limited (JSWSTEEL) has net assets worth Rs851.50 Billion INR (≈ $9.21 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.50 Trillion ≈ $27.08 Billion USD) and total liabilities (Rs1.65 Trillion ≈ $17.87 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 assets under control for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs851.50 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. For live valuation and market cap data, see JSWSTEEL market cap.

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. Explore how efficiently does JSW Steel Limited generate cash to assess how effectively this company generates cash.

Year Net Assets Change
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 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 Rs518.12 Billion 65.18%
Common Stock Rs2.44 Billion 0.31%
Other Comprehensive Income Rs196.59 Billion 24.73%
Other Components Rs77.81 Billion 9.79%
Total Equity Rs794.96 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
LEGRAND UNSP.ARD 1/5 EO 4
F:LRC0
 $33.38 Billion
Orix Corp Ads
NYSE:IX
 $33.39 Billion
Archer-Daniels-Midland Company
NYSE:ADM
 $33.40 Billion
JBS S.A
SA:JBSS3
 $33.48 Billion
Coupang LLC
NYSE:CPNG
 $33.37 Billion
NRG Energy Inc.
NYSE:NRG
 $33.37 Billion
Guotai Junan Securities Co Ltd
SHG:601211
 $33.31 Billion
Paychex Inc
NASDAQ:PAYX
 $33.25 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 Rs35.04 Billion +4.41%
Dividends Paid Rs17.85 Billion -2.25%
Share Repurchases Rs440.00 Million -0.06%
Other Comprehensive Income Rs2.23 Billion +0.28%
Other Changes Rs-270.00 Million -0.03%
Total Change Rs- 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: 3.89x
  • 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 56.43x to 3.89x 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 Rs1264.50 x
2006-03-31 Rs28.26 Rs1264.50 x
2007-03-31 Rs35.04 Rs1264.50 x
2008-03-31 Rs44.02 Rs1264.50 x
2009-03-31 Rs41.72 Rs1264.50 x
2010-03-31 Rs49.31 Rs1264.50 x
2011-03-31 Rs80.49 Rs1264.50 x
2012-03-31 Rs75.07 Rs1264.50 x
2013-03-31 Rs77.73 Rs1264.50 x
2014-03-31 Rs90.76 Rs1264.50 x
2015-03-31 Rs95.37 Rs1264.50 x
2016-03-31 Rs89.54 Rs1264.50 x
2017-03-31 Rs93.69 Rs1264.50 x
2018-03-31 Rs115.83 Rs1264.50 x
2019-03-31 Rs143.95 Rs1264.50 x
2020-03-31 Rs151.41 Rs1264.50 x
2021-03-31 Rs193.46 Rs1264.50 x
2022-03-31 Rs278.41 Rs1264.50 x
2023-03-31 Rs271.78 Rs1264.50 x
2024-03-31 Rs318.83 Rs1264.50 x
2025-03-31 Rs325.08 Rs1264.50 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 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

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: $5,399,930,365
  • Average return on equity (ROE) among peers: 17.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
JSW Steel Limited (JSWSTEEL) Rs851.50 Billion 27.62% 1.94x $33.38 Billion
Ankit Metal & Power Limited (ANKITMETAL) $1.13 Billion 20.13% 1.71x $2.44 Million
APL Apollo Tubes Limited (APLAPOLLO) $155.16 Million 43.49% 4.18x $5.72 Billion
Bansal Wire Industries Ltd (BANSALWIRE) $2.23 Billion 25.69% 2.12x $501.93 Million
Bedmutha Industries Limited (BEDMUTHA) $1.45 Billion 17.08% 3.51x $38.63 Million
Bharat Wire Ropes Limited (BHARATWIRE) $6.61 Billion 14.56% 0.24x $164.68 Million
Electrotherm (India) Limited (ELECTHERM) $2.19 Billion 19.75% 2.74x $111.23 Million
Grand Foundry Limited (GFSTEELS) $-30.42 Million 0.00% 0.00x $4.07 Million
Goodluck India Limited (GOODLUCK) $646.39 Million 23.84% 2.95x $451.00 Million
Godawari Power And Ispat limited (GPIL) $39.47 Billion 20.10% 0.31x $2.08 Billion
Hariom Pipe Industries Limited (HARIOMPIPE) $152.16 Million -10.33% 2.30x $111.44 Million

About JSW Steel Limited

NSE:JSWSTEEL India Steel
Market Cap
$33.38 Billion
Rs3.09 Trillion INR
Market Cap Rank
#795 Global
#17 in India
Share Price
Rs1264.50
Change (1 day)
-1.19%
52-Week Range
Rs953.20 - Rs1282.70
All Time High
Rs1282.70
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