Skip to main content
Swing Capital

JSW Cement Ltd

NSE: JSWCEMENT BSE: 544480Cement

JSW Cement is a leading Indian manufacturer of green cement, known for its sustainability and use in major infrastructure projects

₹122
52W: ₹107 — ₹162
PE 42 · Book ₹48.3 · +153% vs book
Market Cap₹16,619 Cr
Stock P/E42Price to Earnings
ROCE7.16%Return on Capital
ROE3.38%Return on Equity
Div. Yield0%Face Value ₹10

Strengths

  • +Company has reduced debt.

Weaknesses

  • −Stock is trading at 2.55 times its book value
  • −Though the company is reporting repeated profits, it is not paying out dividend
  • −Company has a low return on equity of 7.29% over last 3 years.

Shareholding Pattern

Promoters72.04%
FIIs2.93%
DIIs8.74%
Public14.67%
CategorySep 2025Dec 2025Mar 2026
Promoters72.34%72.34%72.04%▼0.3
FIIs4.13%3.03%▼1.12.93%▼0.1
DIIs7.87%8.09%▲0.28.74%▲0.7
Public13.52%14.73%▲1.214.67%▼0.1

Financial Statements

MetricJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales1,3781,1691,3611,5981,4451,3221,479
Expenses1,1841,0421,2001,3541,1251,0651,203
Operating Profit194127161243320258276
OPM %14%11%12%15%22%19%19%
Net Profit38-3-369-1,33296149
EPS ₹0.39-0.03-0.030.68-13.080.71.1

AI Insights

Revenue Trend

TTM revenue at ₹5,844Cr, up 6.7% YoY. OPM at 19%.

Debt Position

Borrowings at ₹3,717Cr. Debt-to-equity ratio: 0.71x. Moderate leverage.

Capex Cycle

CWIP at ₹1,745Cr (32% of fixed assets). Significant capex underway — growth runway building.

Margin & Efficiency

ROCE improving from 0% (Mar 2020) to 7% (Mar 2025). Working capital days: -91.

Valuation

PE 42x with 7.16% ROCE. Price is 153% above book value of ₹48.3. Dividend yield: 0%.

Recent Announcements