BazaarBaazi

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.
Crack Score
71/ 100
Constructive

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.

Near-perfect · new this scan87 /100 setup score

One directional side cleared its price-structure, filed-evidence and signed money-flow gates with no blocking red flag.

Technical axis

83/100

Fundamental axis

100/100

Money flow

59/100

Result pulse · Q4 FY26

100/100

Named 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)

13.9

P/E vs sector

+0.7%

Sector percentile

18

PEG

0.01

Growth gap

+589.9%

P/E vs own history

+0.7%

The engine's trade frame

Entry zone

1,267.4

Stop

1,218.6

Target 1

1,364.9

Target 2

1,413.7

Risk / reward

3.9% risk · 2.0R

Scanner 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.

Open the full 500-name Setup Scan.

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.

Editorial stanceLatest signed stance is bullish.+18
History consistency1 of the last 6 published verdicts held the same stance.-11
Structure qualityNo clean spot was printed in the latest note; levels are read inside the show.0
FreshnessThe desk reviewed today.+8
Conviction horizonThe latest read is framed on a swing horizon.+6

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.

Editorial directionBullish
Horizonswing

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:

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.

Q4 FY26 · ended 31 Mar 2026Consolidated, audited · filed with NSE on 14 May 2026

Result Pulse

100 / 100

Revenue

Rs 51,180 cr

Net profit

Rs 19,243 cr

EPS (quarter)

Rs 67.07
GrowthYoYQoQ
Revenue+14.2%+11.3%
Net profit+1182.0%+698.5%
Net margin+37.6%

Distorted by a prior-year base effect.

What BazaarBaazi readsProfit acceleration
SourceOfficial NSE filing (XBRL)

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.

See every Q4 result the desk has read.

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.

QuarterRevenueEPSPAT YoYPulseSource
Q4 FY26ended 31 Mar 2026 / Consolidated, auditedRs 51,180 crRs 67.07n/an/aFiling
Q3 FY26ended 31 Dec 2025 / Consolidated, auditedRs 45,991 crRs 8.76n/a60/100Filing
Q2 FY26ended 30 Sep 2025 / Consolidated, auditedRs 45,152 crRs 6.66n/a40/100Filing
Q1 FY26ended 30 Jun 2025 / Consolidated, auditedRs 43,147 crRs 8.95n/a50/100Filing
Q4 FY25ended 31 Mar 2025 / Consolidated, auditedRs 44,819 crRs 6.15n/a50/100Filing
Q3 FY25ended 31 Dec 2024 / Consolidated, auditedRs 41,378 crRs 2.94n/an/aFiling
Q2 FY25ended 30 Sep 2024 / Consolidated, auditedRs 39,684 crRs 1.80n/an/aFiling
Q1 FY25ended 30 Jun 2024 / Consolidated, auditedRs 42,943 crRs 3.47n/an/aFiling
Q4 FY24ended 31 Mar 2024 / Consolidated, auditedRs 46,269 crRs 5.33n/an/aFiling
Q3 FY24ended 31 Dec 2023 / Consolidated, auditedRs 41,940 crRs 9.92n/an/aFiling
Q2 FY24ended 30 Sep 2023 / Consolidated, auditedRs 44,584 crRs 11.38n/an/aFiling
Q1 FY24ended 30 Jun 2023 / Consolidated, auditedRs 42,213 crRs 9.72n/an/aFiling
Q4 FY23ended 31 Mar 2023 / Consolidated, auditedRs 46,962 crRs 15.24n/an/aFiling
Q3 FY23ended 31 Dec 2022 / Standalone, auditedRs 30,935 crRs 5.14n/an/aFiling
Q2 FY23ended 30 Sep 2022 / Consolidated, auditedRs 41,778 crRs -3.53n/an/aFiling
Q1 FY23ended 30 Jun 2022 / Consolidated, auditedRs 38,086 crRs 3.49n/an/aFiling
Q4 FY22ended 31 Mar 2022 / Consolidated, auditedRs 46,895 crRs 13.47n/an/aFiling
Q3 FY22ended 31 Dec 2021 / Consolidated, auditedRs 38,071 crRs 18.14n/an/aFiling
Q2 FY22ended 30 Sep 2021 / Consolidated, auditedRs 32,503 crRs 29.79n/an/aFiling
Q1 FY22ended 30 Jun 2021 / Consolidated, auditedRs 28,902 crRs 24.53n/an/aFiling
Q4 FY21ended 31 Mar 2021 / Consolidated, auditedRs 26,934 crRs 17.45n/an/aFiling
Q3 FY21ended 31 Dec 2020 / Consolidated, auditedRs 21,859 crRs 11.15n/an/aFiling
Q2 FY21ended 30 Sep 2020 / Consolidated, auditedRs 19,264 crRs 6.63n/an/aFiling
Q1 FY21ended 30 Jun 2020 / Consolidated, auditedRs 11,782 crRs -2.34n/an/aFiling
Q4 FY20ended 31 Mar 2020 / Consolidated, auditedRs 17,887 crRs 0.96n/an/aFiling
Q3 FY20ended 31 Dec 2019 / Consolidated, auditedRs 18,055 crRs 0.88n/an/aFiling
Q2 FY20ended 30 Sep 2019 / Consolidated, auditedRs 17,572 crRs 10.66n/an/aFiling
Q1 FY20ended 30 Jun 2019 / Consolidated, auditedRs 19,812 crRs 4.28n/an/aFiling
Q4 FY19ended 31 Mar 2019 / Consolidated, auditedRs 22,368 crRs 6.35n/an/aFiling
Q3 FY19ended 31 Dec 2018 / Consolidated, auditedRs 20,318 crRs 6.76n/an/aFiling
Q2 FY19ended 30 Sep 2018 / Consolidated, auditedRs 21,552 crRs 8.83n/an/aFiling
Q1 FY19ended 30 Jun 2018 / Consolidated, auditedRs 20,519 crRs 9.84n/an/aFiling

Open the covered-name earnings calendar.

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 cr

Net profit (TTM)

25,508 cr

EBIT (TTM)

38,827 cr

Profit before tax (TTM)

29,725 cr

Net margin (TTM)

13.8%

Finance costs (TTM)

9,102 cr

Balance sheet, as filed 2026-03-31

Total assets

2,69,676 cr

Shareholder equity

1,05,475 cr

Total borrowings

95,532 cr

Cash and equivalents

39,256 cr

Inventory

32,765 cr

Trade receivables

11,260 cr

The cash engine, latest filed year

Operating cash flow

25,152 cr

Capex

14,654 cr

Free cash flow

10,498 cr

Investing flow

18,602 cr

Financing flow

-16,111 cr

Annual trail, filed year over filed year

YearRevenueNet profitEquityBorrowingsCFO
FY261,85,470 cr25,508 cr1,05,475 cr95,532 cr25,152 cr
FY251,68,824 cr3,491 cr81,666 cr95,957 cr20,899 cr
FY241,75,006 cr8,973 cr79,776 cr85,575 cr12,078 cr
FY231,65,960 cr4,139 cr67,039 cr78,572 cr23,323 cr
FY221,46,371 cr20,938 cr68,535 cr69,975 cr26,270 cr
FY2179,839 cr7,873 cr46,145 cr51,730 crn/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

31 May 2026Quarter ended Q4FY26Transcript PDF
31 Oct 2021Quarter ended Q2FY22Transcript PDF
31 Jan 2021Quarter ended Q3FY21Transcript PDF
31 Oct 2020Quarter ended Q2FY21Transcript PDF
31 Jul 2020Quarter ended Q1FY21Transcript PDF
31 May 2020Quarter ended Q4FY20Transcript PDF
31 Jan 2020Quarter ended Q3FY20Transcript PDF
31 Oct 2019Quarter ended Q2FY20Transcript PDF
Show 7 older calls
31 Jul 2019Quarter ended Q1FY20Transcript PDF
31 May 2019Quarter ended Q4FY19Transcript PDF
28 Feb 2019Earnings callTranscript PDF
31 Oct 2018Quarter ended Q2FY19Transcript PDF
31 Jul 2018Quarter ended Q1FY19Transcript PDF
31 May 2018Quarter ended Q4FY18Transcript PDF
28 Feb 2018Earnings callTranscript PDF

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 / 100
21 Jul 2026
Management changeWatch

Cessation of Mr. Seturaman Mahalingam, Independent Director of the company w.e.f. July 21, 2026

Filing
21 Jul 2026
DisclosureWatch

Copy of Newspaper Publication

Filing
18 Jul 2026
DisclosureWatch

Copy of Newspaper Publication

Filing
17 Jul 2026
EarningsWatch

JSW Steel Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

Filing
17 Jul 2026
Board meetingRoutine

Outcome of Board Meeting held on July 17, 2026

Filing
17 Jul 2026
Board meetingWatch

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

Filing
17 Jul 2026
Board meetingWatch

To consider and approve the financial results for the period ended Jun 30, 2026

Filing
17 Jul 2026
DisclosureWatch

Investor Presentation

Filing
Event Heat34 / 100 · Tilting down

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.

See what changed across the whole market.

Key fundamentalsEditorial reference

The anchor data BazaarBaazi references when reading the JSWSTEEL chart. Not a substitute for a registered research note.

TickerJSWSTEEL
Full nameJSW STEEL LIMITED
SectorMetals & Mining
Index classLARGE CAP
ISININE019A01038
Market-cap band~3.6 lakh cr (indicative)
Last referenced levelInside latest show
Last session moveNot referenced this cycle
Editorial line inSystematic Read on 21 Jul 2026
Aliases trackedJSWSTEEL

Reference chartLevels in show

The daily frame the desk reads on JSWSTEEL.

Chart frame not yet rendered for JSWSTEEL. The desk references levels inline inside each show.
Structural levels are read inside the latest show.

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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