JSW Holdings Ltd
JSW Holdings Ltd is a core investment company (CIC) and is primarily engaged in the business of investing and financing.[1]
- Market Cap ₹ 24,326 Cr.
- Current Price ₹ 21,915
- High / Low ₹ 27,760 / 6,455
- Stock P/E 124
- Book Value ₹ 28,209
- Dividend Yield 0.00 %
- ROCE 0.82 %
- ROE 0.69 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.78 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 0.97% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Finance Investment Company
Part of BSE 500 Nifty 500 BSE SmallCap BSE Allcap BSE Financial Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
63 | 89 | 107 | 121 | 93 | 186 | 407 | 170 | 248 | |
4 | 5 | 5 | 6 | 5 | 6 | 6 | 12 | 14 | |
Operating Profit | 59 | 84 | 102 | 115 | 88 | 180 | 401 | 157 | 234 |
OPM % | 94% | 95% | 95% | 95% | 95% | 97% | 99% | 93% | 94% |
-0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | |
Interest | -0 | -0 | -0 | -0 | 0 | -0 | -0 | -0 | -0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 |
Profit before tax | 59 | 84 | 102 | 115 | 88 | 180 | 401 | 157 | 234 |
Tax % | 20% | 19% | 14% | 10% | 25% | 25% | 25% | 25% | 25% |
48 | 70 | 100 | 106 | 75 | 152 | 332 | 156 | 196 | |
EPS in Rs | 43.43 | 62.66 | 90.12 | 95.90 | 67.77 | 136.60 | 298.66 | 140.15 | 176.43 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 10% |
TTM: | 46% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 9% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | 35% |
5 Years: | 62% |
3 Years: | 86% |
1 Year: | 211% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 847 | 8,244 | 8,276 | 7,101 | 12,591 | 19,943 | 19,399 | 25,424 | 31,299 |
-0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
2 | 743 | 718 | 600 | 1,443 | 2,802 | 2,629 | 3,816 | 3,955 | |
Total Liabilities | 860 | 8,998 | 9,005 | 7,712 | 14,045 | 22,756 | 22,039 | 29,251 | 35,265 |
0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | 531 | 8,642 | 8,619 | 7,279 | 13,546 | 22,119 | 21,102 | 28,191 | 34,045 |
330 | 356 | 387 | 433 | 499 | 637 | 938 | 1,060 | 1,220 | |
Total Assets | 860 | 8,998 | 9,005 | 7,712 | 14,045 | 22,756 | 22,039 | 29,251 | 35,265 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
32 | 66 | 89 | 103 | 67 | 130 | 298 | 115 | 169 | |
-43 | -58 | -87 | -108 | -72 | -131 | -298 | -112 | -170 | |
-0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
Net Cash Flow | -11 | 8 | 2 | -4 | -5 | -1 | 1 | 3 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 13 | 16 | 8 | 3 | 10 | 6 | 2 | 4 | 0 |
Inventory Days | |||||||||
Days Payable | |||||||||
Cash Conversion Cycle | 13 | 16 | 8 | 3 | 10 | 6 | 2 | 4 | 0 |
Working Capital Days | 74 | 48 | 36 | 35 | 42 | 32 | 14 | 37 | 30 |
ROCE % | 2% | 1% | 2% | 1% | 1% | 2% | 1% | 1% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 2025
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Publication in Financial Express(English) and Mumbai Lakshadeep (Local)
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations') - Communication To Shareholders For Accessing Annual Report 2024-25
1d - JSW Holdings announces FY 2024-25 Annual Report access and AGM e-voting details for July 31, 2025.
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Reg. 34 (1) Annual Report.
2d - JSW Holdings FY24-25 Annual Report, AGM on July 31, 2025, ESOP plan extended and expanded.
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Notice Of 24Th Annual General Meeting Scheduled To Be Held July 31, 2025 At 11:00 A.M. (IST)
2d - 24th AGM on July 31, 2025; ESOP plan extended to 2040 with 9,000 options; Rs 10 Cr loan to ESOP Trust approved.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Revenue Breakup
In FY21, interest on loans accounted for ~53% revenues, followed by dividend income (39%) and pledge fees (8%).[1]