We are here to predict JSW Steel’s share price for the years 2023, 2024, 2025 to 2030. The share price target is based on its current and past financial results, market trends, debt, growth prospects and technical analysis.
This year, the company has released the Q3 FY23 financial highlights on its official website, the company has generated a revenue of Rs 39,134 crore from its operations. Operating EBITDA Is Rs 4,547 crore and net profit is Rs 474 crore.
The current share price of this company is Rs 702.65 which is an increase of 278.37% as compared to 2020. For the long term as well as short term, the company has given huge returns to its investor over the years.
JSW Steel has shown a strong financial performance in FY22 with revenue growth of 83.3% as compared to FY 2021. The company reported a net profit of Rs 20,665 crore in FY22, a significant increase over the previous year.
The company has released the financial highlights for the year 2020-2021 on its official site https://www.jswsteel.in/investors, which are mentioned below:
JSW Financial Highlights
| Highlights | Standalone (Cr) | Consolidated (Cr) |
|---|---|---|
| Crude Steel Output | 15.08mmt | 15.08mmt |
| Saleable Steel | 14.88mmt | 14.95mmt |
| Revenue from Operations | 70,727 | 79,839 |
| Operating EBITDA | 19,259 | 20,141 |
| Profit Before Tax | 12,196 | 12,015 |
| Profit After Tax | 8,393 | 7,873 |
| Diluted EPS (₹) | 34.72 | 32.73 |
| Equity Dividend (per share) | 6.5 | 6.5 |
| Net Debt to EBITDA Ratio | 2.20 | 2.61 |
| Net Debt to Equity Ratio | 0.90 | 1.14 |
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JSW Steel – Overview
JSW Steel Company is a part of the JSW Group and one of the leading business houses in India. The company has a global presence in the USA, Chile, Europe, UAE and many other countries. JSW Steel is known for its advanced technology, high-quality products and efficient operations around the world.
The company has a wide range of steel products such as Hot-rolled coils, Cold-rolled coils, Colour-coated products, Galvanized and Galvalume products and others. Presently the company has an installed capacity of 28.5 million tonnes per annum (MTPA).
Fundamentals of JSW Steel
JSW Steel stock has performed well in recent years, and the company is a popular choice among investors in India. The company is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India.
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Here is the stock overview of JSW Steel which is as follows:
| Company Name | JSW Steel |
| Industry | Steel Producer |
| Country | India |
| Primary Exchange | NSE/BSE |
| Founded | 1982 |
| Traded Volume | 1,499,306 |
| Market Cap | 169,845 |
| Revenue FY22 | ₹ 1,46,371 Cr |
| Net Profit | ₹ 20,665 Cr |
| Net Profit Margin | 14.12% |
| EPS (TTM) | 15.24 |
| Dividend Yield | 2.46 |
| Earning per share | 87.74 |
| ROE | 36.24% |
| P/E Ratio | 46.61% |
| 52 Week Low | 520.05 |
| 52 Week High | 783.50 |
| Debt to Equity | 1.25 |
| Buy/Sell/Hold | Hold |
| Face Value | 1 |
| Official Website | https://www.jswsteel.in |
JSW Steel Subsidiary & Joint Venture List
JSW Steel has a number of subsidiaries and joint ventures operating in various industries. Here is a list of subsidiaries and joint ventures with a brief description of their operations:
- JSW Steel Coated Products: The company produces coated steel products including galvanized steel, colour-coated steel and tinplate.
- JSW Steel Italy: It is a wholly owned subsidiary of JSW Steel that operates a steel plant in Italy, producing high-quality steel products.
- JSW Steel (USA) Inc.: This subsidiary of JSW Steel operates a steel plant in Baytown, Texas, USA, which produces hot-rolled coils, plates and others.
- JSW Steel Processing Centers Ltd: The company provides steel processing and distribution services such as slitting, cut-to-length and warehousing.
- JSW Severfield Structures Limited: It is a joint venture between JSW Steel and Severfield plc, a UK-based company that provides structural steel solutions to the construction industry.
- JSW Vallabh Tinplate Pvt Ltd: It is a joint venture between JSW Steel and Vallabh Tinplate Pvt. Ltd. which manufactures high-quality tinplate products for various industries including food and beverage packaging.
- BPSL Limited: It is a subsidiary of JSW Steel based in Odisha, India, producing steel products such as hot-rolled coils, cold-rolled coils, galvanized products, etc.
- JSW Cement Ltd: It is a subsidiary of JSW Group that produces cement products in India with a focus on sustainable and eco-friendly practices.
JSW Steel share price today:
These are some of the subsidiaries and joint ventures of JSW Steel, which operate in various industries and sectors. So, it has a diversified portfolio of businesses, which helps to manage risk and leverage new opportunities for growth.
JSW Steel share price target 2023-2030
JSW Steel has been performing well in recent years and investors are looking to know the future price targets for JSW Steel shares. In this article, we will cover the share price targets for the years 2023, 2024, 2025 to 2030.
Based on JSW Steel’s current performance and growth prospects, analysts expect the company’s share price to continue its upward move in 2023.
The average target price for JSW Steel stock is Rs 825.50 at the end of 2023, which represents an upside potential of 17.85%.
JSW Steel Share Price Target 2024
Based on our research and technical analysis, the minimum target price for JSW Steel shares is Rs 850.25 to Rs 875.20 and the maximum target price for JSW Steel shares is Rs 910.10 to Rs 930.40 during 2024.
| 1st Target Price | Rs 850.25 to Rs 875.20 |
| 2nd Target Price | Rs 910.10 to Rs 930.40 |
JSW Steel Share Price Target 2025
As per the official report of JSW Steel, the global metals industry, a major consumer of the steel industry, is expected to grow at a CAGR of 8 per cent in 2025, which may impact its share price in 2025. So, based on our research and forecast system, the minimum target price for JSW Steel shares is Rs 870.25 to Rs 915.30 and the maximum target price for JSW Steel shares is Rs 930.10 to Rs 970.10 by 2025.
| 1st Target Price | Rs 870.25 to Rs 915.30 |
| 2nd Target Price | Rs 930.10 to Rs 970.10 |
JSW Steel Share Price Target 2026
As per our experience and forecast system, the lowest price for JSW Steel shares is Rs 950.35 to Rs 975.30 and the maximum target price for JSW Steel shares is Rs 980.70 to Rs 1010.40 by 2026.
| 1st Target Price | Rs 950.35 to Rs 975.30 |
| 2nd Target Price | Rs 980.70 to Rs 1010.40 |
JSW Steel Share Price Target 2028
The company has shown steady growth over the years and is expected to maintain the same growth in 2028 as well. Based on our experience and research, we have a minimum target price of Rs 1080.45 to Rs 1150.30 and a maximum target price of Rs 1160.20 to Rs 1250.20 for JSW Steel shares during 2028.
| 1st Target Price | Rs 1080.45 to Rs 1150.30 |
| 2nd Target Price | Rs 1160.20 to Rs 1250.20 |
JSW Steel Share Price Target 2030
In the long term, the company has great potential to grow revenue and profits, which could boost its share price. So, based on our research, experience and prediction system, the minimum target price is Rs 1350.15 to Rs 1425.50 and the maximum target price for JSW Steel shares is Rs 1480.30 to Rs 1570.60 by 2030.
| 1st Target Price | Rs 1350.15 to Rs 1425.50 |
| 2nd Target Price | Rs 1480.30 to Rs 1570.60 |
NB: However, share prices are subject to fluctuations due to various factors, and these price targets are only indicative of market sentiment at a particular point in time. Therefore, the target price may differ from the actual price, so you should do your own research and analysis before making any investment decision.
JSW Steel Shareholding Pattern
| Promoters | 45.01% |
| Public | 54.68% |
| Domestic Institutions | 0.0 |
| Shares held by Employes Trusts | 0.31% |
| Total | 100% |
Risk Factors
There are several factors that may affect JSW Steel’s share price in the coming years. One of the most common risk factors is the performance of the company in the global steel market, which affects steel prices and its revenue.
Listed below are other factors that may affect its share price in the future:
- Industry Risks: The steel industry is always under pricing pressure and competition from other players in the market. So, it can have an impact on the financial performance of the company.
- Government Policies: The steel industry is subject to various government regulations including tariffs, environmental laws and trade policies. Therefore, changes in government policies can impact its operations.
- Operational Risk: JSW Steel operates in a complex and capital-intensive industry involving production, logistics and supply chain management. Any disruption in operations could affect its financial performance and reputation.
- Financial Risks: JSW Steel is heavily indebted, and any adverse change in interest rates could impact the ability to service its debt obligations.
- Market Risk: JSW Steel is exposed to various market risks such as currency exchange rates, commodity prices and interest rates. Any changes in these markets could affect the company’s financial performance and cash flows.
JSW Steel Growth Prospects
The demand for steel has increased in recent years for infrastructure development and construction activities in various countries. If this trend continues, it may have a positive impact on JSW Steel’s share price in the coming years.
Government policies and regulations related to the steel industry can also affect JSW Steel’s share price. Any change in government policies related to tariffs, taxes or trade agreements can affect a company’s revenue and profitability and, in turn, its share price.
FAQs
The maximum target price for JSW Steel shares is Rs 930.10 to Rs 970.10 by 2025.
As of May 14, 2023, JSW Steel has a market capitalization of Rs 169,845 crore.
JSW Steel has shown strong financial results in FY22 with revenue growth of 83.3% as compared to FY 2021. The company reported a net profit of Rs 20,665 crore in FY22, a significant increase over the previous year.
The company has good financial results, a diversified portfolio, and its focus on innovation and efficiency makes it an attractive option for many investors in India. Investors should do their own research and analysis before making any investment decision.
As per experience and prediction system, the maximum target price for JSW Steel shares is Rs 1480.30 to Rs 1570.60 at the end of 2030.
Disclaimer: The estimated share price of JSW Steel is not the actual price of the stock, it may differ from the actual price. No part of the website material provided by us should be considered financial advice. Before investing in any company, you should do your own research and consult your financial advisor.
