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JSW Holdings Ltd (JSWHL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532642 NSE: JSWHL Finance - Investment | Small Cap | JSW Holdings Share Price

₹12,291.20 -199.55 (-1.60%)

As on 08-Jun'26 16:59

JSW Holdings Ltd (JSWHL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532642 NSE: JSWHL Finance - Investment | Small Cap | JSW Holdings Share Price

₹12,291.20 -199.55 (-1.60%)

As on 08-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹13,643 Cr.
Current Price
₹12,291.2
52-Week Low / High
₹11,264 / 23,798
TTM EPS
₹109.6
Book Value per Share
₹28,812.4
P/E Ratio
112.20
Higher than its 5-year historical median
Industry PE
52
Price to Book (P/B)
0.43
Higher than its 5-year historical median
EV/EBITDA
82.46
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.64%
Return on Capital Employed (ROCE)
0.85%
Return on Assets (ROA)
0.56%
Growth Momentum
1-yr vs 3-yr growth
Net Interest Income Growth (1 Year)
Improving versus 3-year growth rate
46.31%
Book Value Growth (1 Year)
Improving versus 3-year growth rate
24.42%
Asset Quality
Gross NPA(%)
0.00%
Net NPA(%)
0.00%
TTM Sales
₹179 Cr.
Reserves
₹31,970 Cr.
Equity
₹11.1 Cr.
Face Value
₹10
All Time Low / High
₹112.00 / 27760.50

JSW Holdings stock performance

Key Ratios
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Valuation

Fair

Price Trend

Semi Strong
Q.1 Is JSW Holdings Ltd a good quality company?
JSW Holdings Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on the bank’s performance on Total Income growth, Pre-Provision Operating Profit, RoA, RoE, CAR, and Asset Quality, along with how these metrics compare with its long-term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Total Income growth, NPM, PPOP, RoA and RoE compared to its last 5-year median.

  • How efficiently has it grown and managed operations?

    By checking its Total Asset growth.

  • How strong is its Capital position and Asset Quality?

    By checking its Capital Adequacy Ratio (CAR), GNPA and NNPA.

How does JSW Holdings Ltd performance compare with that of its Peers?
Q.1 AUM Growth of JSW Holdings Ltd vs Industry Peers?
JSW Holdings Ltd AUM CAGR is 35.04%, compared to the 5-year industry median CAGR of 9.27%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of JSW Holdings Ltd?
Promoters hold 66.29% of the JSW Holdings Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of JSW Holdings Ltd over the last decade?
Over the last 9 years, the stock has delivered a CAGR of 29% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
JSW Holdings Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Operating Income (₹ Cr.)50.363.488.710712192.8186407170248179
YoY Gr. Rt. %-25.8%39.9%21.1%12.8%-23.3%100.6%118.5%-58.3%46.3%-
Adj EPS (₹ ) 3342.761.479.39459.4121.3270106.9157.4109.6
YoY Gr. Rt. %-29.4%43.8%29.3%18.5%-36.9%104.4%122.5%-60.4%47.2%-
BVPS (₹ )718.5761.27,324.67,388.76,379.811,297.517,728.917,11522,05427,43928,812.4
YoY Gr. Rt. %-5.9%862.3%0.9%-13.7%77.1%56.9%-3.5%28.9%24.4%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)4.75.81.411.30.60.71.40.50.60

CAGR

9 Years 5 Years 3 Years 1 Years
Net Interest Income19.4%15.4%10.1%46.3%
Adj EPS19%10.9%9.1%47.2%
BVPS49.9%33.9%15.7%24.4%
Share Price 27.8% 18.1% 41% -46.7%

Key Financial Ratios

RATIOS \ YEARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Margins
Net Profit Margin (%)72.774.876.781.88670.872.373.77070.467.8
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)4.75.81.51.11.40.70.81.60.60.60.4

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Income + 50638910712193186407170248
Interest Income50638910712193186407170248
Other Income 1111111112
Exceptional Items 0000000000
Expenditure + 445565661214
Interest Expense 0000000000
Operating Expenses 334554551112
Provisions 1111111112
Exceptional Items 0000000000
Profit Before Tax 47598410211588180401157234
Taxes 101216141122461013959
Profit After Tax 3747688810466135300119175
Adjusted EPS (₹)33.042.761.479.394.059.4121.3270.0106.9157.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of JSW Holdings - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Equity Capital +7988458,1148,1807,06412,50719,67118,99324,47430,452
Share Capital 11111111111111111111
Reserves 7868348,1038,1687,05212,49619,66018,98224,46330,441
Short term borrowings0000000000
Long Term Borrowings117437175991,4422,8012,6283,8153,954
Current Liabilities 1111011111
Trade Payables0000000001
Other Liabilities00-0-0-0-0-0-0-0-1
Total Liabilities 7998478,8588,8977,66313,95022,47321,62228,29034,407

Assets

Non Current Asset +7248338,5048,5127,23313,45321,83920,68828,26734,381
Loan Asset 000000001,0331,190
Other Non Current Asset 7248338,5048,5127,23313,45321,83920,68827,23433,191
Current Asset +75143543854304976359352326
Current Investment0000000000
Other Current Asset75143543854304976359352326
Total Assets 7998478,8588,8977,66313,95022,47321,62228,29034,407

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 3632668910367130298115169
Cash Flow From Investing Activity -25-43-58-87-108-72-131-298-112-170
Cash Flow From Financing Activity 0000000000
Net Cash Flow 11-1182-4-5-113-1

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Operational & Financial Ratios

EPS (₹)3342.7061.4079.309459.40121.30270106.90157.40
DPS (₹)0000000000
BVPS (₹)718.5761.27324.67388.76379.811297.517728.9171152205427439

Performance Ratios

ROA (%)4.75.81.41.01.30.60.71.40.50.6
ROE (%)4.75.81.51.11.40.70.81.60.60.6
ROCE (%)6.07.21.91.31.50.91.12.10.70.9

Valuation Parameters

Price/Book(x)1.42.00.20.40.20.30.20.20.30.8

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *19.004.544.540.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

JSW Holdings Ltd FAQs

The current trading price of JSW Holdings on 08-Jun-2026 16:59 is ₹12,291.2.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 07-Jun-2026 the market cap of JSW Holdings stood at ₹13,642.8 Cr

The latest P/E ratio of JSW Holdings as of 07-Jun-2026 is 112.2.

The latest P/B ratio of JSW Holdings as of 07-Jun-2026 is 0.43.

The 52-week high of JSW Holdings is ₹23,798 and the 52-week low is ₹11,264.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JSW Holdings is ₹179 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that JSW Holdings Ltd is a below average quality company.

The key valuation ratios of JSW Holdings Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of JSW Holdings Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About JSW Holdings Ltd

Jindal South West Holdings Limited (JSWHL) was incorporated on July 12, 2001. It is a Non Banking Financial Company (NBFC) registered with Reserve Bank of India (RBI). JSWHL is an Investment Company of the JSW Promoters Group with investments in the Jindal group of companies, mainly in listed entities like Jindal Vijayanagar Steel, Jindal Steel & Power, Jindal Stainless, Nalwa Sons Investments and other companies.

JSW Group is one of the fastest growing business conglomerates with a strong presence in the core economic sector. This Sajjan Jindal led enterprise has grown from a steel rolling mill in 1982 to a multi business conglomerate worth $ 3.7 billion within a short span of time.

As part of the strategic restructuring of the Jindal group, JSWHL entered into a scheme of arrangement and amalgamation with Jindal Iron & Steel Co. (JISCO) and Jindal Vijayanagar Steel (JVSL), where the investments, related loans and advances of JISCO were demerged into the company.

The Scheme of Arrangement and Amalgamation between JISCO, JSWHL, JVSL and their respective members and creditors envisaged .Demerger of the Investment Division (Investments and Related Loans and Advances) of JISCO into the Company. Re-organization of the capital structure of JVSL including issue of warrants of JVSL to all its existing shareholders.

The Equity Shares of Jindal South West Holdings Limited are listed on The Stock Exchange, Mumbai (BSE), National Stock Exchange of India Limited (NSE) and The Delhi Stock Exchange Association Limited (DSE).

The main business activities as mentioned in the Memorandum of Association of the company  is of Investment in shares, stocks, or other securities in India or abroad and to provide management consultancy services. It also provides management consultancy services for the customers in the field of finance, organization, management, commencement or expansion, cost control, marketing, publicity, technical know how planning, development, research and design.

The company is an investment company of the JSW Promoters Group. JSWHL holds significant investments in equity shares of JSW Steel Limited, as well as other investments in other O P Jindal Group of Companies.

Jindal South West Holding Ltd. (JSWHL) entered into a Memorandum of Understanding with the Government of Andhra Pradesh (GoAP) on 1st July 2005, for setting up 1.4 mtpa Alumina Refinery and 0.25 mtpa Aluminium Smelter by JSW Group, in the State of Andhra Pradesh, for which the GoAP would provide all necessary support including supply of Bauxite.

Recent developments

JSW Energy, a group company of Jindal South West Holdings, has announced its plans to invest more than $991 million during the current fiscal year, 2009-10, to commission power projects with a combined generation capacity of 1,200 megawatts (MW). The three projects to be commissioned are a 300-MW unit of the Barmer project in Rajasthan, a 300-MW unit of the Ratnagiri project in Maharashtra, and a 600-MW power project in Karnataka.

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