JSW Cement Ltd.
NSE: JSWCEMENTJSW Cement Ltd.: A 30-second snapshot
JSW Cement (₹122.25) is a loss-making cement producer with a -17.02% profit margin and a debt-to-equity ratio of 75.36 that is trending higher; it has generated positive FCF in only 1 of its available historical years. The stock is 24.61% below its 52-week high, trades marginally above its 50-DMA (₹121.83), and is priced at a forward PE of 29.73 — implying a significant earnings recovery that is not yet reflected in trailing results.
P/E
—
Forward P/E
29.7
ROE
—
Debt / Equity
75.36
Profit Margin
-17.0%
Div. Yield
—
5Y ROE > 15%
0/5
5Y FCF > 0
1/5
Quality
40/100
News
4 headlines · 0 positive · 1 negative
JSW Cement Receives GST Demand-cum-Show Cause Notice from Patna Tax Authority - scanx.trade
scanx.trade
JSW Cement Board Meeting Scheduled on May 18, 2026 to Approve FY26 Financial Results - scanx.trade
scanx.trade
JSW Cement Receives ESG Rating of 70 in 'Aspiring' Category for FY2024-25 - scanx.trade
scanx.trade
JSW Cement Independent Director Ms. Sutapa Banerjee Completes Second Consecutive Term - scanx.trade
scanx.trade
Recent context
- ·Board meeting scheduled for 18 May 2026 to approve FY26 financial results — the first full-year result as a listed company, which will provide the first consolidated trailing earnings data point for PE and ROE computation.
- ·A GST demand-cum-show cause notice was received from the Patna tax authority, reported on 15 May 2026; the quantum of the demand is not specified in available news.
- ·JSW Cement received an ESG rating of 70 in the Aspiring category for FY2024-25, and independent director Sutapa Banerjee completed her second consecutive term as reported in late April 2026.
Strengths
- +Revenue has grown at a 5-year CAGR of 13.2%, indicating the company has been expanding its top line at a meaningful pace within the cement sector.
- +Quality score of 44 ranks 1st of 6 sector peers (ULTRACEMCO 31, AMBUJACEM 32, ACC 35, SHREECEM 39, GRASIM 41), reflecting relative standing even if absolute quality is weak.
- +Current price of ₹122.25 is marginally above the 50-DMA of ₹121.83, with near-term support levels identified at ₹121.91 and ₹116.75.
- +Mean analyst rating of 1.625 across 15 analysts (1–5 scale, lower = more constructive), representing the broadest coverage signal available for this stock.
Weaknesses
- −Profit margin of -17.02% renders the company currently loss-making on a trailing basis; trailing PE and ROE are both uncomputable due to negative or unavailable earnings figures.
- −Debt-to-equity of 75.36 with a rising debt trend and FCF positive in only 1 historical year signals sustained capital intensity with limited ability to fund growth internally — a high-severity fundamental risk.
- −52-week drawdown of -24.61% and unavailability of SMA200 (only 184 bars of data) leave the medium-term trend relationship unverifiable; 1-year price return is also not available.
- −A GST demand-cum-show cause notice from the Patna tax authority (15 May 2026) adds a contingent liability overhang, the magnitude of which is not quantified in available data.
Open questions
- ?Does the forward PE of 29.73 reflect a realistic path to profitability within the next 1-2 years, given the current -17.02% margin and rising debt, or does it embed assumptions about cement pricing that diverge from current sector dynamics?
- ?How does the debt-to-equity ratio of 75.36 compare to JSW Cement's own stated capital structure targets, and what is the refinancing timeline for existing obligations given the rising debt trend?
- ?Given that FCF has been positive in only 1 historical year, what capacity expansion milestones or utilisation rate improvements are needed before the company can sustainably fund operations internally?
- ?Does the 1st-of-6 quality ranking among peers reflect a structural operational advantage, or is it a function of the peer group being composed of companies with similarly weak absolute metrics?
Peer comparison: Cement
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| JSWCEMENT | JSW Cement Ltd.You're viewing | — | — | 44 |
| Industry avg | across 5 peers | 34.4 | +9.9% | 36 |
| GRASIM | Grasim Industries Ltd. | 44.0 | — | 41 |
| SHREECEM | Shree Cement Ltd. | 51.7 | — | 39 |
| ACC | ACC Ltd. | 12.0 | +10.9% | 35 |
| AMBUJACEM | Ambuja Cements Ltd. | 22.8 | +8.3% | 32 |
| ULTRACEMCO | UltraTech Cement Ltd. | 41.5 | +10.6% | 31 |
Technical state
Current price
₹122.25
SMA 50
₹121.83
SMA 200
—
RSI (14)
47.0 (neutral)
From 52w high
-24.6%
1Y return
—
3M return
+0.8%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highProfit margin of -17.02% indicates the company is currently loss-making on a trailing basis; trailing PE is not computable and the consistency score is 0 across all available years, with ROE also unavailable.
- highDebt-to-equity ratio of 75.36 is extreme even for a capital-intensive cement company; debt trend is classified as rising, and FCF was positive in only 1 of the available historical years, indicating limited internal funding capacity.
- mediumOnly 184 bars of price data are available (below the 200-bar threshold), making SMA200 uncomputable; 52-week drawdown stands at -24.61% and the stock's position relative to its 200-DMA cannot be confirmed from available data.
- lowGST demand-cum-show cause notice received from Patna tax authority (reported 15 May 2026); news corpus is sparse at 4 total items, limiting the reliability of sentiment signal.
Cross-section contradictions
- Forward PE of 29.73 implies the market is pricing in a material earnings recovery, while trailing fundamentals show negative profit margins (-17.02%), a consistency score of 0, rising debt, and FCF positive in only 1 historical year — the gap between implied future profitability and current reported losses is wide.
- Quality score of 44 ranks 1st among 6 sector peers despite negative margins and no computable ROE — this reflects uniform weakness across the peer group rather than absolute fundamental strength for JSWCEMENT.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 16 May 2026 · rotates through NIFTY 500 every ~5 days