NSE JSWCEMENT · BSE 544480 · Construction - Raw Materials · NIFTY 500
JSW Cement Share Price
JSW Cement Overview
Where the price stands, how it has moved and how it sits against its averages.
JSW Cement shares last traded at ₹115.68 on the NSE, down 2.03% on the day. That is 23.6% below the 52-week high of ₹151.35 and 8.5% above the 52-week low of ₹106.65. The stock trades at 23.49× earnings, below the sector average of 30.81. Its market value is ₹15,720 Cr.
Price returns
Against the market: 1 Month ▼ −2.09% · 3 Months ▼ −8.98% · 6 Months ▲ +0.39% · This year ▲ +13.24% · 1 Year ▼ −11.90%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 0 of 6
- 100-day average₹128.72 ▼ price 10.1% below
- 50-day average₹128.26 ▼ price 9.8% below
- 300-day average₹124.12 ▼ price 6.8% below
- 20-day average₹121.39 ▼ price 4.7% below
- 10-day average₹118.25 ▼ price 2.2% below
- 5-day average₹116.73 ▼ price 0.9% below
- Today's price₹115.68
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
JSW Cement Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹6,512 Cr | ▲ +12.0% | −₹756 Cr | −11.6% | −₹6.19 | ₹0.50 |
| FY 2025 | ₹5,813 Cr | ▼ −3.6% | −₹114 Cr | −2.0% | −₹0.84 | ₹0.00 |
| FY 2024 | ₹6,028 Cr | ▲ +3.3% | ₹90 Cr | 1.5% | ₹0.66 | ₹0.00 |
| FY 2023 | ₹5,837 Cr | ▲ +25.0% | ₹137 Cr | 2.3% | ₹1.00 | ₹0.00 |
| FY 2022 | ₹4,669 Cr | ▲ +21.0% | ₹244 Cr | 5.2% | ₹1.79 | ₹0.00 |
| FY 2021 | ₹3,858 Cr | ▲ +31.8% | ₹259 Cr | 6.7% | ₹1.90 | ₹0.00 |
| FY 2020 | ₹2,928 Cr | — | ₹165 Cr | 5.6% | ₹1.21 | ₹0.00 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹1,896 Cr | ▲ +0.1% | ₹161 Cr | 8.5% | ₹1.19 |
| Q4 FY26 | ₹1,895 Cr | ▲ +16.9% | ₹371 Cr | 19.6% | ₹2.77 |
| Q3 FY26 | ₹1,621 Cr | ▲ +12.9% | ₹142 Cr | 8.8% | ₹1.05 |
| Q2 FY26 | ₹1,436 Cr | ▼ −7.9% | ₹86 Cr | 6.0% | ₹0.70 |
| Q1 FY26 | ₹1,560 Cr | ▼ −8.7% | −₹1,356 Cr | −86.9% | −₹9.95 |
| Q4 FY25 | ₹1,709 Cr | ▲ +19.3% | ₹34 Cr | 2.0% | ₹0.14 |
| Q3 FY25 | ₹1,433 Cr | ▲ +17.1% | −₹69 Cr | −4.8% | −₹0.50 |
| Q2 FY25 | ₹1,224 Cr | — | −₹64 Cr | −5.3% | −₹0.65 |
Balance sheet — FY26
- Total assets₹14,535 Cr
- Total liabilities₹7,985 Cr
- Shareholders' equity₹6,550 Cr
- Total debt₹4,464 Cr
- Cash & investments₹457 Cr
- Current ratio0.72×
- Revenue growth, 5 yr11.04% a year
- Operating margin (TTM)12.21%
- Net margin (TTM)10.53%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 2,927.51 | 3,858.15 | 4,668.57 | 5,836.72 | 6,028.10 | 5,813.07 | 6,512.46 |
| Cost of revenue | 1,077.60 | 1,494.77 | 1,991.54 | 2,658.86 | 2,385.29 | 2,414.83 | 2,618.31 |
| Gross profit | 1,849.91 | 2,363.38 | 2,677.03 | 3,177.87 | 3,642.82 | 3,398.24 | 3,894.15 |
| Operating expenses | 2,464.21 | 3,239.15 | 4,131.68 | 5,392.61 | 5,230.18 | 5,263.89 | 7,069.32 |
| Operating income | 463.30 | 619.00 | 536.89 | 444.12 | 797.92 | 549.19 | −556.86 |
| Depreciation | 144.66 | 178.68 | 225.06 | 373.20 | 278.28 | 310.34 | 322.24 |
| Profit before tax | 229.78 | 379.48 | 396.73 | 124.84 | 224.36 | −43.64 | −781.22 |
| Tax | 75.47 | 129.63 | 164.08 | 20.81 | 162.35 | 120.13 | 17.56 |
| Net profit | 164.71 | 258.79 | 244.28 | 136.78 | 89.81 | −114.09 | −756.32 |
| EPS (₹) | 1.21 | 1.90 | 1.79 | 1.00 | 0.66 | −0.84 | −6.19 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 6,202.70 | 6,950.74 | 9,272.51 | 10,218.61 | 11,318.91 | 12,003.94 | 14,535.48 |
| Current assets | 1,384.57 | 1,653.97 | 2,752.16 | 2,357.16 | 2,650.58 | 2,402.76 | 2,872.53 |
| Cash & short-term investments | 93.93 | 115.61 | 534.18 | 55.03 | 642.78 | 203.02 | 456.63 |
| Inventory | 459.15 | 349.29 | 460.21 | 448.47 | 475.26 | 428.47 | 772.64 |
| Property, plant & equipment | 3,975.46 | 4,256.78 | 5,135.58 | 5,294.39 | 6,033.16 | 6,867.27 | 8,499.50 |
| Total liabilities | 4,676.81 | 5,125.27 | 7,141.86 | 7,926.51 | 8,854.23 | 9,651.39 | 7,985.07 |
| Current liabilities | 2,184.99 | 2,638.53 | 2,383.58 | 2,770.97 | 3,920.59 | 3,707.16 | 3,970.01 |
| Total debt | 2,968.72 | 3,394.27 | 5,054.35 | 5,641.18 | 6,253.79 | 6,562.53 | 4,464.39 |
| Total equity | 1,525.89 | 1,825.47 | 2,130.65 | 2,292.10 | 2,464.68 | 2,352.55 | 6,550.41 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 722.98 | 782.77 | 339.00 | 653.16 | 1,407.71 | 736.68 | 1,170.21 |
| From investing | −764.84 | −686.04 | −1,528.92 | −1,792.91 | −1,119.81 | −558.03 | −1,649.09 |
| From financing | 118.79 | −95.31 | 1,259.89 | 1,041.00 | −220.87 | −231.77 | 860.78 |
| Capital expenditure | −553.87 | −644.91 | −1,054.47 | −1,633.73 | −932.20 | −1,151.66 | −1,961.52 |
| Dividends paid | — | — | — | — | — | — | — |
| Net change in cash | 76.93 | 1.42 | 69.97 | −98.75 | 67.03 | −53.11 | 381.90 |
What Analysts Say
Recommendations from 10 analysts who cover JSW Cement.
▲ 7 bullish (70.0%) · 2 hold (20.0%) · ▼ 1 bearish (10.0%)
Votes
Analyst ratings are opinions, not a guarantee of returns.
JSW Cement vs Peers
Side by side with other construction - raw materials companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| JSW Cement | ₹115.68 | ▼ −2.03% | ₹15,720 Cr | 23.49 | 2.42 | −2.98% | 10.53% | 0.42% | This stock |
| UltraTech Cement | ₹11,077.45 | ▼ −0.99% | ₹3,26,429 Cr | 41.74 | 4.50 | 11.30% | 9.25% | 0.66% | Moderately Bearish |
| Grasim Industries | ₹3,166.00 | ▼ −1.00% | ₹2,15,458 Cr | 40.80 | 2.04 | 6.62% | 5.87% | 0.32% | Neutral |
| Ambuja Cements | ₹383.60 | ▼ −2.27% | ₹95,318 Cr | 21.94 | 1.83 | — | 13.75% | 0.46% | Bearish |
| Shree Cement | ₹22,355.45 | ▲ +0.18% | ₹80,660 Cr | 55.16 | 4.11 | 9.08% | 8.35% | 0.57% | Bearish |
| Dalmia Bharat | ₹1,720.90 | ▼ −1.29% | ₹32,221 Cr | 29.50 | 1.90 | 5.56% | 7.82% | 0.49% | Bearish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
JSW Cement Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 2.37× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 97 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.42%
- Payout ratio8.82%
- 5-year average dividend₹0.10 a share
- Latest dividend₹0.50 per share · 10 Jul 2026
Corporate calendar
- BoardQuarterly Results
- MeetingAnnual General Meeting
- MeetingPostal Ballot
- Dividend₹0.50 per share · 5% · Final dividend
- BoardAudited Results
- BoardAudited Results
- MeetingPostal Ballot
- BoardQuarterly Results
Show 5 older events
- MeetingPostal Ballot
- BoardQuarterly Results
- BoardQuarterly Results
- MeetingAnnual General Meeting
- MeetingAnnual General Meeting
About JSW Cement
Construction - Raw Materials
JSW Cement Limited is an India-based cement manufacturing company. The Company is focused on manufacturing green cementitious products comprising blended cement, which includes Portland slag cement (PSC) and Portland composite cement (PCC) and ground granulated blast furnace slag (GGBS). It also manufactures ordinary Portland cement (OPC), clinker and a range of allied cementitious products such as ready-mix concrete (RMC), screened slag, construction chemicals and waterproofing compounds. Its product offerings include cement, cementitious, aggregates, construction chemicals, additives, plaster, and ready-mix concrete. Its subsidiaries are Shiva Cement Limited, Utkarsh Transport Private Limited, JSW Green Cement Private Limited, Cemterra Enterprise Private Limited, and JSW Cement Mideast LLC-SPC.
Key people
- Nilesh NarwekarChief Executive Officer, Whole-Time Director
- Narinder Singh KahlonChief Financial Officer, Whole-Time Director
- Sneha BindraCompliance Officer, Company Secretary
- Parth Sajjan JindalManaging Director, Executive Director
Company facts
- NSE symbolJSWCEMENT
- BSE code544480
- ISININE718I01012
- IndustryConstruction - Raw Materials
- IndexNIFTY 500
- Market cap₹15,720 Cr
- Revenue (FY26)₹6,512 Cr
- Net profit (FY26)−₹756 Cr
In the News
Recent headlines about JSW Cement — they open on Mint in a new tab.
- JSW Cement’s regional diversification is comforting, but costs are more important now
JSW expects volume growth in the high teens in FY27, but costs are a near-term re-rating trigger.
21 Sep 2026 · 2 min read · Mint ↗ - Cement makers face a forgettable first half as prices weaken and costs bite
Cement companies enjoyed higher realizations in the first quarter of FY27, but rising fuel and raw material costs squeezed margins, while new capacity could keep pricing under pressure.
17 Aug 2026 · 3 min read · Mint ↗ - Top Gainers & losers on May 22: JSW Cement, Honasa Consumer, Tata Comm, Sammaan Capital, Trent among top gainers
On May 22, markets showed mixed results with the Nifty 50 gaining 0.40% and Sensex rising 0.36%. While Nifty Private Bank and Nifty Metal saw gains, Nifty Media and Nifty Pharma lagged. The Indian rupee strengthened to 95.9 per dollar amid RBI interventions.
22 May 2026 · 3 min read · Mint ↗ - Vodafone Idea, JSW Cement, Ola Electric, Central Bank of India among most traded stocks on NSE today, 22 May 2026
Most traded stocks today: Vodafone Idea, JSW Cement, Ola Electric Mobility, Central Bank of India, Tata Silver Exchange Traded Fund, Tata Gold Exchange Traded Fund, Jaiprakash Power Ventures (JP Power), and YES Bank were among the most traded stocks on the NSE.
22 May 2026 · 2 min read · Mint ↗ - Stocks to watch: Ola Electric, Vodafone Idea, Coal India among shares in focus today
Stock market today: The Indian stock market is likely to snap its gaining streak as trends in the Gift Nifty index signalled a negative opening on Monday. Amid this backdrop, these stocks will remain in focus on 18 May.
18 May 2026 · 3 min read · Mint ↗ - Top Gainers & Losers on April 20: Triveni Turbine, Radico Khaitan, Ather Energy, JSW Cement, Trent among top gainers
On April 20, the Indian stock market remained stable, with Nifty 50 and Sensex closing flat. Broader indices fell. Geopolitical tensions rose as the US seized an Iranian cargo ship, leading to a potential Iranian retaliation and increased oil prices.
20 Apr 2026 · 2 min read · Mint ↗ - Buy or sell: Amid US-Iran war, Vaishali Parekh recommends three stocks to buy today — 6 March 2026
Buy or sell: Vaishali Parekh recommends three stocks to buy today — Kabra Extrusion Technik, JSW Cement, and Premier Energies
6 Mar 2026 · 2 min read · Mint ↗ - JSW Cement share rallies over 9% as company turns profitable in Q3
JSW Cement Q3FY26 results showed revenue growth of 13% and a net profit turnaround, alongside a 9.3% rise in share price. It plans to establish a subsidiary in Fujairah to create a 1.65 MTPA cement grinding unit with a $39 million investment.
5 Feb 2026 · 1 min read · Mint ↗
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