JSW Holdings Limited
NSE: JSWHL · Investment Company · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 59 companies in Investment Company (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- No promoter shares are pledged.
- Total income was higher than a year earlier in 3 of the last 4 quarters.
- No dividend in the last 5 financial years.
- Price ₹11,295.00 on 2026-10-26: -50.4% from the 52-week high, +7.3% 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
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total income | 162 | 29 | 29 | 30 | 84 | 33 | 33 | 35 |
| Net interest income | 162 | 29 | 29 | 30 | 84 | 33 | 33 | 35 |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 118 | 19 | 19 | 20 | 60 | 20 | 23 | 21 |
| EPS (₹) | 106.56 | 17.49 | 17.18 | 17.73 | 53.71 | 17.67 | 20.45 | 19.35 |
| Revenue YoY | -48.5% | +11.8% | +12.5% | +15.0% | ||||
| Profit YoY | -49.6% | +1.1% | +19.0% | +9.2% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 186 | 407 | 170 | 248 | 179 | 184 |
| Net profit | 135 | 300 | 119 | 175 | 122 | 123 |
| EPS (₹) | 121.33 | 269.98 | 106.92 | 157.41 | 109.56 | 111.18 |
| Revenue growth | +118.5% | -58.3% | +46.3% | -27.7% | -26.7% | |
| Profit growth | +122.6% | -60.4% | +47.2% | -30.4% | -30.1% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -23.9% | +14.1% | -26.7% |
| Net profit | -26.0% | +13.1% | -30.1% |
| EPS | -26.0% | +13.0% | – |
| Share price | – | +2.5% (2y) | -34.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 18,993 | 24,474 | 30,452 | 31,981 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 1 | 4 | 3 | 3 |
| Total assets | – | 21,622 | 28,290 | 34,407 | 36,172 |
| Fixed assets | – | 0 | 0 | 0 | 0 |
| Capital work in progress | – | – | – | – | 0 |
| Inventory | – | 0 | 0 | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 130 | 278 | 30 | 169 | 140 |
| Cash from investing | -131 | 779 | 140 | -170 | -140 |
| Cash from financing | 0 | 0 | 0 | 0 | -1 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | 130 | 278 | 30 | 169 | 140 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 1.6% | 0.5% | 0.6% | 0.4% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 66.29% |
| FIIs | 22.20% |
| DIIs | 0.21% |
| of which Mutual funds | 0.18% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 11.30% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 66.29% | 66.29% | 66.29% | 66.29% | 66.29% | 66.29% | 66.29% | 66.29% |
| Promoter group | % |
|---|---|
| Siddeshwari Tradex Private Limited | 11.34% |
| Nalwa Sons Investments Limited | 10.24% |
| Vinamra Consultancy PVT Ltd | 9.76% |
| OPJ Trading Private Limited | 7.41% |
| Virtuous Tradecorp Private Limited | 7.41% |
| Strata Multiventures Private Limited | 7.41% |
| JTPM Metal Traders Limited | 4.63% |
| Jindal Power Limited | 3.98% |
| JSL Limited | 3.91% |
| R K Jindal & Sons HUF | 0.03% |
| Savitri Devi Jindal | 0.02% |
| PRJ Family Management Company Private Limited | 0.02% |
| Abhyuday Jindal | 0.02% |
| Naveen Jindal & Sons HUF | 0.01% |
| P R Jindal HUF | 0.01% |
| Public holders above 1% | % |
|---|---|
| Authum Investment and Infrastructure Limited | 1.31% |
29,384 shareholders. Pledged: 0.00% of promoter shares.
Peers in Investment Company
| Company | Market cap | P/E | P/B | ROE | ROA | Gross NPA | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| YAMNINV | ₹25,76,059 cr | 24.5x | 37,152.7x | 0.1% | 0.05% | – | +14.7% | – |
| TVSHLTD | ₹10,37,013 cr | 3,252.4x | 591.1x | 18.9% | 8.80% | – | -37.1% | 0.02% |
| JIOFIN | ₹1,35,516 cr | 160.3x | 3.8x | 2.6% | 2.34% | – | – | 0.24% |
| ABCAPITAL | ₹96,531 cr | 27.8x | 3.4x | 12.3% | 1.95% | – | +330.8% | – |
| TATAINVEST | ₹28,000 cr | 105.6x | 1.0x | 1.3% | 1.16% | – | +13.4% | 0.49% |
| CHOLAHLDNG | ₹23,552 cr | 324.1x | 16.8x | 5.3% | 5.18% | – | +2.3% | 0.11% |
| MAHSCOOTER | ₹13,529 cr | 44.4x | 0.4x | 0.9% | 0.83% | – | +13.1% | 1.85% |
| JSWHL | ₹12,536 cr | 101.6x | 0.4x | 0.4% | 0.34% | – | -23.9% | – |
| RELIGARE | ₹7,147 cr | – | 2.9x | -1.6% | -1.45% | – | -43.2% | – |
| PILANIINVS | ₹4,190 cr | 127.0x | 0.3x | 0.2% | 0.18% | – | -0.5% | 0.40% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-06-25 | Other | Annual General Meeting |
| 2023-06-13 | Other | Annual General Meeting |
| 2022-06-13 | Other | Annual General Meeting |
| 2021-06-21 | Other | Annual General Meeting |
| 2020-06-04 | Other | Annual General Meeting |
| 2019-06-07 | Other | Annual General Meeting |
| 2018-06-08 | Other | Annual General Meeting |
| 2017-05-25 | Other | Annual Book Closure |
| 2016-06-24 | Other | Annual Book Closure |
| 2015-07-21 | Other | Annual General Meeting |
| 2014-07-17 | Other | Annual General Meeting |
| 2013-06-12 | Other | Annual General Meeting |
| 2012-07-12 | Other | Annual General Meeting |
| 2011-07-13 | Other | Annual General Meeting |
| 2010-06-24 | Other | Annual General Meeting |
| 2009-06-18 | Other | Annual General Meeting |
| 2008-06-19 | Other | Annual General Meeting |
| 2007-06-14 | Other | Agm |
| 2006-06-15 | Other | Agm |
| 2005-07-11 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- 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
- Non-Banking Financial Company-Core Investment Company (unregistered): Investing in shares of Group Companies Granting Loans and Providing Security by way of pledge on shares to the Group Companies.
| Sector | Financial Services |
| Industry | Investment Company |
| Sub-industry | Investment Company |
| Symbol | JSWHL |
| BSE code | 532642 |
| ISIN | INE824G01012 |
| Face value | ₹10.0 |
| Incorporated | 2001-07-12 |
| Website | www.jswholdings.in |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.