JSW Cement Limited
NSE: JSWCEMENT · Cement & Cement Products · sector
₹117.60NSE close 2026-10-26
Key numbers
Market cap₹15,880 cr
Price₹117.60
52w high / low₹143 / ₹107
P/E20.5xSector median 21.5x
P/B2.4xSector median 1.4x
Book value₹48.5
Dividend yield–Sector median 0.64%
ROE11.6%Sector median 7.3%
ROCE9.8%Sector median 6.3%
OPM17.2%Sector median 10.9%
Debt / equity0.62xSector median 0.48x
EV/EBITDA16.5xSector median 14.1x
Interest cover2.8x
Current ratio0.72x
Sales growth 3y–Sector median +1.9%
Profit growth 3y–Sector median +16.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 38 companies in Cement & Cement Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹500 cr vs borrowings ₹4,082 cr (FY26): borrowings are higher by ₹3,582 cr.
- Operating profit covered interest 2.8x in the last 12 months.
- 0.08% of the promoters' shares are pledged (0.1% of all shares).
- Net loss in 1 of the last 5 quarters.
- Other income was 27% of net profit in the last 12 months.
- No dividend in the last 1 financial years.
- Price ₹117.60 on 2026-10-26: -18.0% from the 52-week high, +10.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹153.83 · low ₹110.93
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 1,560 | 1,436 | 1,621 | 1,895 | 1,896 |
| EBITDA | -1,144 | 268 | 251 | 361 | 299 |
| OPM % | -73.3% | 18.6% | 15.5% | 19.0% | 15.7% |
| Other income | 22 | 24 | 86 | 21 | 74 |
| Net profit | -1,356 | 86 | 142 | 371 | 161 |
| EPS (₹) | -13.75 | 0.71 | 1.06 | 2.77 | 1.20 |
| Revenue YoY | +21.6% | ||||
| Profit YoY | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY26 | TTM |
|---|---|---|
| Revenue | 6,512 | 6,849 |
| EBITDA | -264 | 1,178 |
| Net profit | -756 | 760 |
| EPS (₹) | -6.19 | 5.74 |
| Dividend / share (₹) | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -17.0% |
Balance sheet
| ₹ cr | FY26 |
|---|---|
| Shareholders' equity | 6,550 |
| Borrowings | 4,082 |
| Cash & equivalents | 500 |
| Total assets | 14,535 |
| Fixed assets | 7,153 |
| Capital work in progress | 958 |
| Investments | 124 |
| Receivables | 854 |
| Inventory | 602 |
| Payables | 1,439 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY26 |
|---|---|
| Cash from operations | 1,170 |
| Cash from investing | -1,649 |
| Cash from financing | 861 |
| Capex | 1,962 |
| Free cash flow | -791 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY26 |
|---|---|
| ROE % | -11.5% |
| ROCE % | -4.1% |
| Debtor days | 48 |
| Inventory days | 135 |
| Payable days | 322 |
| Cash conversion cycle (days) | -139 |
| Working capital days | -62 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 72.02% |
| FIIs | 4.59% |
| DIIs | 12.28% |
| of which Mutual funds | 11.68% |
| of which Insurance | 0.09% |
| Public (non-institutions) | 10.33% |
| Quarter | Aug 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Promoters % | 72.33% | 72.33% | 72.33% | 72.03% | 72.02% | 72.02% |
| Promoter group | % |
|---|---|
| Adarsh Advisory Services PVT Ltd | 63.90% |
| Siddeshwari Tradex Private Limited | 3.42% |
| Virtuous Tradecorp Private Limited | 1.95% |
| JSL Limited | 1.47% |
| Everbest Consultancy Services Private Limited | 0.54% |
| Parth Jindal | 0.26% |
| Anushree Parth Jindal | 0.09% |
| Tanvi Shete | 0.06% |
| Urmila Kanoria | 0.06% |
| Tarini Jindal Handa | 0.06% |
| Saket Kanoria . | 0.06% |
| Nunu Uday Jasani | 0.06% |
| Sajjan Jindal | 0.02% |
| Saroj Bhartia | 0.02% |
| Sarika Jhunjhnuwala | 0.02% |
| Public holders above 1% | % |
|---|---|
| SBI ESG Exclusionary Strategy Fund | 4.33% |
| Nippon Life India Trustee Ltd-a/c Nippon India NIF | 2.06% |
| ICICI Prudential Aggressive Hybrid Fund | 1.96% |
| Synergy Metals Investments Holding Limited | 1.69% |
4,51,635 shareholders. Pledged: 0.08% of promoter shares.
Peers in Cement & Cement Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ULTRACEMCO | ₹3,29,452 cr | 37.4x | 4.5x | 12.1% | 13.5% | 19.0% | +11.9% | 0.69% |
| GRASIM | ₹2,00,762 cr | 35.1x | 1.9x | 5.7% | 5.9% | 14.2% | +14.2% | 0.83% |
| AMBUJACEM | ₹91,448 cr | 20.8x | 1.5x | 7.8% | 4.8% | 14.6% | +1.4% | 0.62% |
| SHREECEM | ₹84,932 cr | 52.1x | 3.6x | 7.3% | 9.6% | 20.9% | +5.5% | 0.60% |
| JKCEMENT | ₹38,133 cr | 40.3x | 5.4x | 14.4% | 13.7% | 15.9% | +12.2% | 0.30% |
| DALBHARAT | ₹30,890 cr | 32.6x | 1.7x | 2.3% | 6.9% | 18.5% | +3.0% | 0.55% |
| ACC | ₹21,934 cr | 11.5x | 1.1x | 9.8% | 9.2% | 10.4% | +5.3% | 0.64% |
| RAMCOCEM | ₹17,620 cr | 27.3x | 2.2x | 8.3% | 10.1% | 20.7% | +3.4% | 0.27% |
| JSWCEMENT | ₹15,880 cr | 20.5x | 2.4x | 11.6% | 9.8% | 17.2% | – | – |
| NUVOCO | ₹12,160 cr | 29.4x | 1.3x | 4.4% | 6.8% | 15.9% | +2.3% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-10 | Dividend | Dividend - Re 0.50 Per Share |
Documents
- Annual report FY26
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Clinker and Cement: Manufacturing
- Concrete: Manufacturing
| Sector | Commodities |
| Industry | Cement & Cement Products |
| Sub-industry | Cement & Cement Products |
| Symbol | JSWCEMENT |
| BSE code | 544480 |
| ISIN | INE718I01012 |
| Face value | ₹10.0 |
| Incorporated | 2006-03-29 |
| Website | www.jswcement.in |
| Plants (India / abroad) | 36 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.