JSW Holdings share price & results
- Jun 2026
- Sept 2026
Investment holding company of the O.P. Jindal (JSW) Group, listed on NSE and BSE.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 35.0 | +16.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 84.0 | −4.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 21.0 | +5.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 0.43 | −0.2 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 78.21 | +10.1 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -26.00 | −73.7 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −33.9% 1Y
1Y: ₹17,100 on 24 Oct 2025 → ₹11,295. High ₹22,165 (2 Dec 2025), low ₹10,655 (23 Jul 2026).
- Previous close
- ₹11,258
- Market cap
- ₹12.5k Cr
- 52-week range
- ₹10,655 – ₹22,165
- One year
- −32.19%
- Price to earnings (TTM to Jun 2026)
- 89.69×
- Return on equity (TTM to Jun 2026)
- 0.43%
Overview
- Symbol
- NSE:JSWHL
- Sector
- Financial Services
- Exchange
- NSE
- Currency
- INR
What JSW Holdings Limited does
Based on the company's own presentations, annual report and earnings calls.
JSW Holdings Limited is an investment holding company within the O.P. Jindal Group (JSW Group), incorporated in 2001 and classified under the financial-services / holding-company activity code on its CIN. It earns primarily through returns on the shareholdings and investments it holds in group and other companies rather than by selling any product or operating service. The company is run by a small board and a Whole-time Director who also serves as CEO & CFO, and its equity shares trade on both the NSE and BSE.
- Group affiliation
- O.P. Jindal Group (JSW Group)
- Stock exchange listing
- Listed on NSE (symbol JSWHL) and BSE (scrip code 532642)
- Board composition
- 6-member Board of Directors, including 3 Independent Directors
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +5% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 162 | 29 | 29 | 30 | 84 | 33 | 33 | 35 |
| Expenses | 4 | 3 | 4 | 4 | 4 | 4 | 3 | 6 |
| Operating profit | 158 | 26 | 26 | 26 | 80 | 29 | 30 | 29 |
| Operating margin | 98.0% | 89.0% | 87.0% | 88.0% | 96.0% | 89.0% | 91.0% | 84.0% |
| Other income | 0 | 0 | 0 | 0 | 0 | -3 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 158 | 26 | 26 | 26 | 80 | 26 | 30 | 29 |
| Tax rate | 25.0% | 25.0% | 26.0% | 25.0% | 25.0% | 26.0% | 25.0% | 26.0% |
| Net profit | 118 | 19 | 19 | 20 | 60 | 20 | 23 | 21 |
| EPS (₹ per share) | 106.55 | 17.48 | 17.18 | 17.72 | 53.70 | 17.68 | 20.44 | 19.34 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 406 | 169 | 247 | 180 |
| Expenses | 5 | 12 | 14 | 15 |
| Operating profit | 401 | 158 | 234 | 165 |
| Other income | 0 | 0 | 0 | -3 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 401 | 158 | 234 | 162 |
| Net profit | 332 | 118 | 174 | 123 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 19,660 | 18,982 | 24,463 | 30,441 | 33,571 | 31,970 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 |
| Other liabilities | 2,802 | 2,629 | 3,816 | 3,955 | 4,283 | 4,191 |
| Total liabilities | 22,473 | 21,622 | 28,290 | 34,407 | 37,865 | 36,172 |
| Fixed assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 21,836 | 20,685 | 27,231 | 33,187 | 36,572 | 34,819 |
| Other assets | 637 | 938 | 1,060 | 1,220 | 1,294 | 1,353 |
| Total assets | 22,473 | 21,622 | 28,290 | 34,407 | 37,865 | 36,172 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 67 | 130 | 298 | 115 | 169 | 140 |
| Cash from investing | -72 | -131 | -298 | -112 | -170 | -140 |
| Cash from financing | 0 | 0 | 0 | 0 | 0 | -1 |
| Net cash flow | -5 | -1 | 1 | 3 | -1 | -1 |
| Free cash flow | 67 | 130 | 298 | 115 | 169 | 140 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 10 | 6 | 2 | 4 | 0 | 4 |
| Cash conversion cycle | 10 | 6 | 2 | 4 | 0 | 4 |
| Working capital days | 42 | 32 | 14 | 37 | -3 | -6 |
| Return on capital employed | 1.0% | 1.0% | 2.0% | 1.0% | 1.0% | 1.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 66.28% as of Sept 2026; institutions cut 0.04 pts since Jun 2026.
- Promoters 66.28%
- Foreign institutions 22.21%
- Domestic institutions 0.21%
- Public 11.29%
- Others 0.00%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- NBFC / DFI newly disclosed 1.31% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of JSW Holdings Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 11.34% | unchanged | |
| 10.24% | unchanged | |
| 9.76% | unchanged | |
| 7.41% | unchanged | |
| 7.41% | unchanged | |
| 7.41% | unchanged | |
| 4.63% | unchanged | |
| 3.98% | unchanged | |
| 3.91% | unchanged | |
| NBFC / DFI | 1.31% | newly disclosed |
| 0.03% | unchanged | |
| 0.02% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
Start an Inve Case for JSW Holdings Limited
Free account: one company. Everything above stays public.
Write why you follow JSW Holdings Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Financial Services companies
- SA
SAMMAANCAPSammaan Capital Limited - RR
RRPRRP Semiconductor Ltd - J&
J&KBANKJ & K Bank - TM
TMBTamilnad Mercantile Bank Limited - FI
FIVESTARFive-Star Business Finance Limited - UJ
UJJIVANSFBUjjivan Small Finance Bank Limited - ED
EDELWEISSEdelweiss Financial Services Limited - CA
CANHLIFECanara HSBC Life Insurance Company Limited
Learn to analyse JSW Holdings Limited
Guides on how to read this kind of business and the numbers that matter.