Stock · JSWSTEEL · Metals & Mining
JSWSTEEL share price target 2026
Support, resistance, the F&O structure and the BazaarBaazi Crack Score for JSW STEEL LIMITED, refreshed every end-of-day run. A systematic, data-only read on JSW STEEL LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
The verdict
BazaarBaazi reads JSWSTEEL as constructive with a Crack Score of 71/100 as of 21 Jul 2026.
BazaarBaaziSource & method
The scanner's readNear-perfect · scanned 21 Jul 2026
Where JSWSTEEL stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.
One directional side cleared its price-structure, filed-evidence and signed money-flow gates with no blocking red flag.
Technical axis
83/100Fundamental axis
100/100Money flow
59/100Result pulse · Q4 FY26
100/100Named setups in force
- breakout 52w high
- earnings acceleration
- quality margins
- relative value
- growth underpriced
- result winner
Technical evidence
at/near 52w high (<=3% off)
RSI 57.4 (strong)
above a rising MA frame
not over-extended (<5 ATR over 50DMA)
Fundamental evidence
net profit +1182.01% YoY
revenue +14.19% YoY
net margin 37.6%
result score 100.0/100
net margin 37.6% (high)
result score 100.0/100
profit not shrinking YoY
revenue +14.19% YoY
cheaper than sector (0.72x median)
bottom-half P/E within sector
at/below own 15m P/E (0.74x)
relatively cheap (sector + history)
delivering more growth than priced (gap +590)
materially underpriced growth
real growth ~599%
result score 100.0/100
result score 100.0/100 (top tier)
strong filed quarter
profit up YoY
revenue up YoY
Valuation and context
P/E 13.9 vs sector median 19.3 (0.72x, 18th pctile)
P/E 0.74x its own ~15m median (18.7)
Relative valuation
P/E (TTM)
13.9P/E vs sector
+0.7%Sector percentile
18PEG
0.01Growth gap
+589.9%P/E vs own history
+0.7%The engine's trade frame
Entry zone
1,267.4Stop
1,218.6Target 1
1,364.9Target 2
1,413.7Risk / reward
3.9% risk · 2.0RScanner levels from the deterministic engine run of 2026-07-21, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q4 FY26 result.
Price target: support and resistanceComputed 21 Jul 2026
Support and resistance for JSWSTEEL are read inside the latest show; no spot was printed in the most recent editorial note.
Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 21 Jul 2026.
These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the JSWSTEEL chart, refreshed every end-of-day run.
The Crack Score, and how it is built71 / 100 · Constructive
The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for JSWSTEEL, so the figure is a transparent signal rather than a vibe.
Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.
About JSW STEEL LIMITEDBusiness profile
What JSWSTEEL actually does, and the edge that holds its position.
JSW Steel is the aggressive, expansion-hungry private champion of Indian steel, a producer that has consistently chosen to out-grow its peers and leans into value-added grades to escape the worst of commodity pricing. It rolls flat and long products from hot-rolled and cold-rolled coils to galvanised sheets and wire rods, out of integrated plants in Karnataka, Odisha and Jharkhand plus capacity in the US and Italy. It sells into autos, construction, infrastructure and appliances, with a meaningful slice of higher-realisation value-added steel that lifts it above pure commodity players.
JSW Steel's edge is its vertically integrated operations in Karnataka which give it logistics and cost advantages over peers, and its consistent investment in value-added and downstream products that command better realisations than commodity grades. Its scale makes it a preferred supplier for auto OEMs, which require consistent quality at volume.
The F&O viewHorizon · swing
How the futures and options structure on JSWSTEEL reads right now.
The editorial price read on JSWSTEEL is bullish. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on JSWSTEEL can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.
Why it movedLatest editorial line
The most recent BazaarBaazi read on what is driving JSWSTEEL.
Systematic read: a disclosed, data-only model on real 1-year price structure.
Read in Systematic Read on 21 Jul 2026. Why JSWSTEEL moved, the living explainer, tracks every move on one URL.
The 2026 to 2030 pictureStructural read
What genuinely drives JSWSTEEL over a multi-year horizon. A structural read, not a price forecast.
Over 2026 to 2030 the core driver is India's domestic steel demand growth powered by infrastructure spending, auto production and housing construction. The structural risk for the entire sector is a global steel oversupply driven by Chinese exports; if China continues to run large trade surpluses in finished steel, realisation pressure will persist for all exporters and will cap domestic pricing as well. Watching net debt and interest cover is essential for a company in an expansion phase. WHAT BAZAARBAAZI THINKS: This is a leveraged bet on Indian demand outrunning Chinese oversupply, and the spread between the two is the only number that really matters; the risk the Crack Score cannot capture is the double-hit case where Chinese steel floods the world just as JSW is mid-expansion, so domestic prices cap exactly when the debt taken on for new capacity needs strong cash flow to service it.
What to watch:
- Steel spreads: hot-rolled coil realisation minus iron-ore and coking-coal costs
- Net debt trajectory relative to EBITDA as the financial health signal
- Capacity utilisation at new plants coming online
- Chinese steel export volumes as the global pricing floor signal
- Auto and infrastructure demand as the Indian consumption driver
Peers and how to compare4 listed names
The listed names JSWSTEEL is most often read against. Compare them on the same Crack Score and levels.
Tata Steel · TATASTEEL
Read the TATASTEEL verdict and levels
Hindalco (metals peer) · HINDALCO
Read the HINDALCO verdict and levels
SAIL (state-owned, listed)
Listed peer in the same space
AM/NS India (joint venture, unlisted)
Listed peer in the same space
Live valuation readQ1 FY27 earnings · live spot
P/E, P/B, yield and the quality set for JSW STEEL LIMITED, computed from the latest filed results times the live spot. The price-driven ratios (marked) refresh every session; ROE and margins hold until the next results.
P / E
12.5x
Earnings yield
7.99%
P / B
3.09x
P / S
1.63x
EV / EBITDA
10.4x
Dividend yield
0.56%
Market cap
Rs 3.09 lakh cr
Enterprise value
Rs 3.61 lakh cr
Stored from JSW STEEL LIMITED's filed results, as of 2026-07-21 and currency-checked. Price input Rs 1,267.40 from baked EOD spot. Open the calculator, move the price and watch every ratio react.
Latest filed resultsQ4 FY26
JSW STEEL LIMITED's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.
Result Pulse
100 / 100Revenue
Rs 51,180 crNet profit
Rs 19,243 crEPS (quarter)
Rs 67.07| Growth | YoY | QoQ |
|---|---|---|
| Revenue | +14.2% | +11.3% |
| Net profit | +1182.0% | +698.5% |
| Net margin | +37.6% | |
Distorted by a prior-year base effect.
Figures are the Q4 FY26 result for JSW STEEL LIMITED, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.
Earnings history, every filed quarter32 quarters on record
JSW STEEL LIMITED's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.
JSWSTEEL official result trail
32 quarters
Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.
| Quarter | Revenue | EPS | PAT YoY | Pulse | Source |
|---|---|---|---|---|---|
| Q4 FY26ended 31 Mar 2026 / Consolidated, audited | Rs 51,180 cr | Rs 67.07 | n/a | n/a | Filing |
| Q3 FY26ended 31 Dec 2025 / Consolidated, audited | Rs 45,991 cr | Rs 8.76 | n/a | 60/100 | Filing |
| Q2 FY26ended 30 Sep 2025 / Consolidated, audited | Rs 45,152 cr | Rs 6.66 | n/a | 40/100 | Filing |
| Q1 FY26ended 30 Jun 2025 / Consolidated, audited | Rs 43,147 cr | Rs 8.95 | n/a | 50/100 | Filing |
| Q4 FY25ended 31 Mar 2025 / Consolidated, audited | Rs 44,819 cr | Rs 6.15 | n/a | 50/100 | Filing |
| Q3 FY25ended 31 Dec 2024 / Consolidated, audited | Rs 41,378 cr | Rs 2.94 | n/a | n/a | Filing |
| Q2 FY25ended 30 Sep 2024 / Consolidated, audited | Rs 39,684 cr | Rs 1.80 | n/a | n/a | Filing |
| Q1 FY25ended 30 Jun 2024 / Consolidated, audited | Rs 42,943 cr | Rs 3.47 | n/a | n/a | Filing |
| Q4 FY24ended 31 Mar 2024 / Consolidated, audited | Rs 46,269 cr | Rs 5.33 | n/a | n/a | Filing |
| Q3 FY24ended 31 Dec 2023 / Consolidated, audited | Rs 41,940 cr | Rs 9.92 | n/a | n/a | Filing |
| Q2 FY24ended 30 Sep 2023 / Consolidated, audited | Rs 44,584 cr | Rs 11.38 | n/a | n/a | Filing |
| Q1 FY24ended 30 Jun 2023 / Consolidated, audited | Rs 42,213 cr | Rs 9.72 | n/a | n/a | Filing |
| Q4 FY23ended 31 Mar 2023 / Consolidated, audited | Rs 46,962 cr | Rs 15.24 | n/a | n/a | Filing |
| Q3 FY23ended 31 Dec 2022 / Standalone, audited | Rs 30,935 cr | Rs 5.14 | n/a | n/a | Filing |
| Q2 FY23ended 30 Sep 2022 / Consolidated, audited | Rs 41,778 cr | Rs -3.53 | n/a | n/a | Filing |
| Q1 FY23ended 30 Jun 2022 / Consolidated, audited | Rs 38,086 cr | Rs 3.49 | n/a | n/a | Filing |
| Q4 FY22ended 31 Mar 2022 / Consolidated, audited | Rs 46,895 cr | Rs 13.47 | n/a | n/a | Filing |
| Q3 FY22ended 31 Dec 2021 / Consolidated, audited | Rs 38,071 cr | Rs 18.14 | n/a | n/a | Filing |
| Q2 FY22ended 30 Sep 2021 / Consolidated, audited | Rs 32,503 cr | Rs 29.79 | n/a | n/a | Filing |
| Q1 FY22ended 30 Jun 2021 / Consolidated, audited | Rs 28,902 cr | Rs 24.53 | n/a | n/a | Filing |
| Q4 FY21ended 31 Mar 2021 / Consolidated, audited | Rs 26,934 cr | Rs 17.45 | n/a | n/a | Filing |
| Q3 FY21ended 31 Dec 2020 / Consolidated, audited | Rs 21,859 cr | Rs 11.15 | n/a | n/a | Filing |
| Q2 FY21ended 30 Sep 2020 / Consolidated, audited | Rs 19,264 cr | Rs 6.63 | n/a | n/a | Filing |
| Q1 FY21ended 30 Jun 2020 / Consolidated, audited | Rs 11,782 cr | Rs -2.34 | n/a | n/a | Filing |
| Q4 FY20ended 31 Mar 2020 / Consolidated, audited | Rs 17,887 cr | Rs 0.96 | n/a | n/a | Filing |
| Q3 FY20ended 31 Dec 2019 / Consolidated, audited | Rs 18,055 cr | Rs 0.88 | n/a | n/a | Filing |
| Q2 FY20ended 30 Sep 2019 / Consolidated, audited | Rs 17,572 cr | Rs 10.66 | n/a | n/a | Filing |
| Q1 FY20ended 30 Jun 2019 / Consolidated, audited | Rs 19,812 cr | Rs 4.28 | n/a | n/a | Filing |
| Q4 FY19ended 31 Mar 2019 / Consolidated, audited | Rs 22,368 cr | Rs 6.35 | n/a | n/a | Filing |
| Q3 FY19ended 31 Dec 2018 / Consolidated, audited | Rs 20,318 cr | Rs 6.76 | n/a | n/a | Filing |
| Q2 FY19ended 30 Sep 2018 / Consolidated, audited | Rs 21,552 cr | Rs 8.83 | n/a | n/a | Filing |
| Q1 FY19ended 30 Jun 2018 / Consolidated, audited | Rs 20,519 cr | Rs 9.84 | n/a | n/a | Filing |
The official financialsFiled to 31 Mar 2026
JSW STEEL LIMITED's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.
Trailing twelve months, on filed quarters
Revenue (TTM)
1,85,470 crNet profit (TTM)
25,508 crEBIT (TTM)
38,827 crProfit before tax (TTM)
29,725 crNet margin (TTM)
13.8%Finance costs (TTM)
9,102 crBalance sheet, as filed 2026-03-31
Total assets
2,69,676 crShareholder equity
1,05,475 crTotal borrowings
95,532 crCash and equivalents
39,256 crInventory
32,765 crTrade receivables
11,260 crThe cash engine, latest filed year
Operating cash flow
25,152 crCapex
14,654 crFree cash flow
10,498 crInvesting flow
18,602 crFinancing flow
-16,111 crAnnual trail, filed year over filed year
| Year | Revenue | Net profit | Equity | Borrowings | CFO |
|---|---|---|---|---|---|
| FY26 | 1,85,470 cr | 25,508 cr | 1,05,475 cr | 95,532 cr | 25,152 cr |
| FY25 | 1,68,824 cr | 3,491 cr | 81,666 cr | 95,957 cr | 20,899 cr |
| FY24 | 1,75,006 cr | 8,973 cr | 79,776 cr | 85,575 cr | 12,078 cr |
| FY23 | 1,65,960 cr | 4,139 cr | 67,039 cr | 78,572 cr | 23,323 cr |
| FY22 | 1,46,371 cr | 20,938 cr | 68,535 cr | 69,975 cr | 26,270 cr |
| FY21 | 79,839 cr | 7,873 cr | 46,145 cr | 51,730 cr | n/a |
Every figure is parsed from JSW STEEL LIMITED's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.
Management on record15 earnings calls
Every JSWSTEEL earnings call BazaarBaazi has indexed, latest 31 May 2026. Read management in its own words, straight from the filed transcript.
JSW STEEL LIMITED earnings calls on record
15 calls since 28 Feb 2018
Show 7 older calls
Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.
What changed81 disclosures
Every recent official filing from JSW STEEL LIMITED, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.
JSW STEEL LIMITED has filed 81 official disclosures recently. The most recent is a Management change dated 21 Jul 2026.
Event Heat
34 / 100Cessation of Mr. Seturaman Mahalingam, Independent Director of the company w.e.f. July 21, 2026
JSW Steel Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Board Meeting to be held on 17-Jul-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended June 2026
To consider and approve the financial results for the period ended Jun 30, 2026
Event Heat is a dated net read of JSW STEEL LIMITED's last 90 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.
Key fundamentalsEditorial reference
The anchor data BazaarBaazi references when reading the JSWSTEEL chart. Not a substitute for a registered research note.
| Ticker | JSWSTEEL |
|---|---|
| Full name | JSW STEEL LIMITED |
| Sector | Metals & Mining |
| Index class | LARGE CAP |
| ISIN | INE019A01038 |
| Market-cap band | ~3.6 lakh cr (indicative) |
| Last referenced level | Inside latest show |
| Last session move | Not referenced this cycle |
| Editorial line in | Systematic Read on 21 Jul 2026 |
| Aliases tracked | JSWSTEEL |
Reference chartLevels in show
The daily frame the desk reads on JSWSTEEL.
FAQ17 reader questions · AEO-eligible
The line on JSWSTEEL, distilled and schema-marked for AI Overview, Perplexity, and reader search.
What is the JSWSTEEL share price target for 2026?
BazaarBaazi does not publish a SEBI-registered price target on JSWSTEEL. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 21 Jul 2026.
What is BazaarBaazi's Crack Score for JSWSTEEL?
The BazaarBaazi Crack Score for JSWSTEEL is 71 out of 100 as of 21 Jul 2026, a constructive reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.
What is the F&O view on JSWSTEEL?
Strike-level option inventory for JSWSTEEL is unavailable, so BazaarBaazi withholds participant, direction and positioning claims. The editorial chart stance is not substituted for an option-chain observation.
What sector is JSWSTEEL in and which peers does BazaarBaazi track?
JSWSTEEL sits in Metals & Mining (large cap), indicative market cap ~3.6 lakh cr (indicative), ISIN INE019A01038. The peers BazaarBaazi reads alongside it are GRAVITA INDIA LIMITED, Lloyds Metals and Energy Limited, Adani Enterprises Limited. A systematic, data-only read on JSW STEEL LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
How often is the JSWSTEEL view updated?
This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on JSWSTEEL is bullish, published in Systematic Read on 21 Jul 2026.
Is JSW Steel a good long-term stock?
What drives this name is the steel spread, the gap between HRC realisation and iron-ore plus coking-coal cost, riding India's infrastructure and auto demand, and the risk the Crack Score cannot fully capture is Chinese export dumping capping that spread just as expansion-era leverage needs strong cash flow. The Crack Score on this page reflects the current read on spreads, leverage and demand.
What is the JSW Steel share price target for 2030?
Forecasting a steel spread four years out is guesswork, and since the spread is the entire earnings engine here, any 2030 price target inherits that unreliability. The Crack Score gives the current structural view on domestic demand growth, Chinese export risk and JSW's financial health instead.
Why is JSW Steel share price falling?
Nearly every real drop is a spread story, either input costs in iron-ore or coking-coal spiking or HRC realisations dropping, often set off by Chinese exports flooding global markets and capping Indian pricing, with capacity-versus-demand worries adding to it. Read the spread first, because that is what actually moves the earnings.
Is JSWSTEEL a qualifying setup on the BazaarBaazi scanner right now?
On the 2026-07-21 run of the 500-name BazaarBaazi setup scanner, JSW STEEL LIMITED sits in the Near-perfect tier with a setup score of 87/100 (technical 83, fundamental 100). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.
Where can I read JSW STEEL LIMITED's earnings call transcripts?
BazaarBaazi indexes 15 JSWSTEEL earnings calls going back to 2018-02-28, latest 2026-05-31. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.
What was JSW STEEL LIMITED's Q4 FY26 net profit?
JSW STEEL LIMITED reported a net profit of Rs 19,243 cr for Q4 FY26 (the quarter ended 31 March 2026). That is +1182.0% year on year, a move distorted by a prior-year base effect. The figure is from the company's official NSE filing.
What was JSW STEEL LIMITED's Q4 FY26 revenue?
JSW STEEL LIMITED reported revenue of Rs 51,180 cr for Q4 FY26. That is +14.2% year on year. The figure is from the company's official NSE filing.
How does BazaarBaazi rate JSW STEEL LIMITED's Q4 FY26 result?
BazaarBaazi gives JSW STEEL LIMITED's Q4 FY26 result a Result Pulse of 100 out of 100, with a verdict of Profit acceleration. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.
What has Jsw Steel Ltd announced recently?
Jsw Steel Ltd's two most material recent disclosures are a management change dated 21 Jul 2026, "Cessation of Mr. Seturaman Mahalingam, Independent…", and a disclosure dated 21 Jul 2026, "Copy of Newspaper Publication". Both link to the company's own official filing on the BazaarBaazi stock page.
Has Jsw Steel Ltd declared a dividend recently?
Yes. Jsw Steel Ltd filed a dividend disclosure on 07 Jul 2026, filed as "Dividend - Rs 7.10 Per Share". Any amount shown is the exchange's own record, linked from the BazaarBaazi stock page. A dividend is a declared payout, not a forecast of future returns.
What did Jsw Steel Ltd's latest board meeting cover?
Jsw Steel Ltd's most recent board-meeting disclosure on record dated 17 Jul 2026 reads "Outcome of Board Meeting held on July 17, 2026". That is the agenda as filed with the exchange, linked from the BazaarBaazi stock page, and BazaarBaazi adds no claim of its own to it.
Has Jsw Steel Ltd's credit rating been updated recently?
Jsw Steel Ltd filed a credit-rating disclosure on 08 Jul 2026, recorded with the exchange as "Credit Rating". The detail sits in the linked filing on the BazaarBaazi stock page. A rating action is an agency view on debt, separate from the share price.
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