JSW Steel Ltd.
Metals · NSE
52-week range
₹932 – ₹1,307
From 52w high
-2.2%
RSI (14)
60.1
vs SMA 50 / 200
↑ 50 · ↑ 200
JSW Steel trades at Rs 1,277.80, up 32.4% over the past 12 months and within 2.2% of its 52-week high, with price above both the 50-DMA (Rs 1,214) and 200-DMA (Rs 1,155). The trailing PE of 41.99 is the highest among readable metals peers, while the profit margin is 4.16% and the debt-to-equity ratio of 118.74 reflects heavy leverage with a rising debt trend. Forward PE compresses to 21.13, indicating the market is pricing in significant earnings improvement from the current base.
- ✓Price momentum is strong: up 32.4% over 12 months, above both the 50-DMA and 200-DMA, and RSI at 60.11 (neutral, not overbought).
- ✓Revenue has compounded at 11.1% over 5 years; the 5-year earnings growth figure of 198.6% reflects recovery from a depressed base.
- ✓Free cash flow was positive in 3 of the tracked fiscal years, suggesting the business does generate cash in favorable cycles.
- ✓Mean analyst rating of 2.25 across 33 analysts on a 1-5 scale (lower = more constructive), with a forward PE of 21.13 well below the current trailing multiple.
- ✗Debt-to-equity of 118.74 with a rising debt trend represents extreme financial leverage; a cyclical downturn in steel prices would amplify earnings volatility and debt-service risk.
- ✗Return on equity exceeded 15% in only 1 of the tracked years and current ROE data is unavailable, indicating historically inconsistent capital returns and a consistency score of just 15 out of 100.
- ✗Profit margin of 4.16% is thin for a capital-intensive business — cost inflation, input price moves, or demand softness can rapidly turn margins negative.
- ✗Quality score of 36 places JSWSTEEL below TATASTEEL (44) and HINDALCO (38) within the metals peer group, ranking 3rd of the 3 real comparables available.
- ·Q3 2026 results were covered by Mint (May 2026); specific earnings figures are not in the news text, but the quarter is recent and results are in the market.
- ·NCLT has reopened bidding for Colour Roof, a subsidiary acquisition target of JSW Steel Coated Products — the outcome of this process remains open and could affect the subsidiary consolidation path.
- ·Business Today covered steel sector target prices for five companies including JSWSTEEL in late April 2026; the article reflects active sell-side coverage of the sector but specific stated targets are not reproduced here.
- ?Does the forward PE of 21.13 rest on achievable earnings assumptions given the current debt load and thin margins, or does it require a steel-cycle uplift that may not materialise?
- ?How has JSW Steel historically managed debt-service coverage during periods of falling hot-rolled coil prices, and what is the current interest-coverage ratio?
- ?Given that ROE exceeded 15% in only 1 of the tracked years, is the capital return profile a structural feature of the business model or a function of steel cycle timing?
- ?The NCLT reopening of the Colour Roof bidding process introduces acquisition uncertainty — what proportion of JSW Steel Coated Products revenue or capacity does this asset represent?
PE
42.0
Forward PE
21.1
ROE
—
Profit margin
+4.2%
D/E
118.74
Dividend yield
+0.2%
Quality score
36/100
ROE 5y above 15%
1/5 yrs
FCF 5y positive
3/5 yrs
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.Analysis generated 10 May 2026.