India's largest steelmaker, 35.7 MTPA capacity across 19 plants in India and the US
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 301 | 302 | 301 | 301 | 305 | 305 | 305 | 305 |
| Reserves | 36.3k | 45.3k | 67.0k | 65.4k | 77.4k | 79.2k | 82.6k | 99.7k |
| Borrowings | 61.4k | 66.7k | 72.2k | 80.9k | 88.0k | 98.8k | 101.1k | 99.3k |
| Other Liabilities | 33.8k | 34.8k | 57.0k | 64.0k | 62.2k | 62.2k | 66.4k | 70.3k |
| Total Liabilities | 131.8k | 147.2k | 196.5k | 210.5k | 227.9k | 240.4k | 250.4k | 269.7k |
| AssetsFixed Assets | 62.1k | 64.9k | 99.9k | 104.5k | 112.5k | 124.5k | 126.3k | 117.1k |
| CWIP | 27.2k | 32.6k | 16.9k | 22.2k | 29.7k | 21.0k | 20.5k | 22.3k |
| Investments | 1.3k | 7.4k | 4.9k | 4.8k | 7.2k | 15.2k | 15.6k | 10.2k |
| Other Assets | 41.3k | 42.3k | 74.8k | 79.1k | 78.5k | 79.8k | 88.0k | 120.0k |
| Total Assets | 131.8k | 147.2k | 196.5k | 210.5k | 227.9k | 240.4k | 250.4k | 269.7k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 14.6k | 12.8k | 18.8k | 26.3k | 23.3k | 12.1k | 20.9k | 25.2k |
| Cash from Investing | -11.4k | -19.6k | -9.4k | -14.7k | -10.7k | -14.5k | -17.0k | 18.6k |
| Cash from Financing | 1.8k | 5.2k | -1.4k | -14.7k | -6.0k | -5.0k | -262 | -16.1k |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 4.5k | 18 | 7.9k | 16.2k | 8.6k | -3.5k | 8.3k | 10.6k |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
JSWSTEEL · CYCLICAL_UNMODELABLE
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