āagman

Not investment advice. Data and computed figures, for information only.

JSW Cement Ltd

NSE: JSWCEMENT
₹113.22
−₹1.48 (−1.29%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹15,328 Cr
CMP
₹113.22
52-wk High / Low
₹143 / 107
P/E
19.4
P/B
2.3
Book Value
₹48.0
Div Yield
0.44%
ROCE
11.0%
ROE
14.7%
Face Value
₹10
D/E
0.68

Price−19.5% over 1Y

āagman read

Computed by āagman
Derived from 7 years and 9 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
ROIC
8.4%
vs 6.2% sector median
Cash flow to profit
−1.46
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−494
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
13.4%
ROE × earnings retention ratio
ROE stability
8.3
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.02FII +0.77DII +2.75
Latest quarter vs the previous one
Cash-accrual divergence
−15.0%
of assets
Low = accruals track cash flow
Strengths
+PE of 19.4x is below the sector median of 27.3x
Watch-outs
−Price trades below its 200-day moving average (0.9x)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 9 quarters
As of 30 Jun 2026
Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,4471,2241,4331,7091,5601,4361,6211,8951,896
Expenses1,2791,1391,3171,4691,2371,1691,3361,5301,598
Operating Profit16884116240323268285365299
OPM %11.6%6.9%8.1%14.0%20.7%18.7%17.6%19.3%15.8%
Other Income24272828−1,44434672286
Interest110109116114102100878997
Depreciation747781797880818498
Profit before tax8−75−5376−1,302121184215190
Net Profit−24−76−8016−1,36675131362153
EPS (₹)−0.15−0.63−0.680.34−13.310.631.042.721.18

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 7 years + TTM
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,8973,8534,6345,8106,0025,7856,5016,849
Expenses2,2943,0243,8785,1475,1495,1695,2595,633
Operating Profit6038297566638536171,2421,216
OPM %20.8%21.5%16.3%11.4%14.2%10.7%19.1%17.8%
Other Income392019514585100−1,323209
Interest268291315310435450378373
Depreciation145179238373278310322342
Profit before tax230379398125224−44−781711
Net Profit15425023310462−164−799721
EPS (₹)1.562.532.481.390.91−1.12−5.555.57

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital9869869869869869861,341—
Reserves5408391,1441,3061,4781,3665,209—
Borrowings2,9693,1894,6225,6416,2546,5634,464—
Other Liabilities1,6751,8952,4682,2032,4982,9663,370—
Total Liabilities6,1696,9099,22110,13611,21611,88114,385—
Fixed Assets3,2934,2244,5734,6456,1896,7858,480—
CWIP9202948761,5917701,038976—
Investments320354484714759345290—
Other Assets1,6362,0363,2883,1863,4983,7144,639—
Total Assets6,1696,9099,22110,13611,21611,88114,385—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity7237833396531,4087371,170
Cash from Investing Activity−765−686−1,530−1,808−1,120−558−1,649
Cash from Financing Activity119−951,2601,041−221−232861
Net Cash Flow77169−11467−53382

Ratios

As of 31 Mar 2026
7 periods
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—15.012.06.08.05.011.0
ROE %——————14.7
EPS (₹)1.562.532.481.390.91−1.12−5.55
Book Value (₹)——————48.0
Face Value (₹)——————10
P/E——————19.4
Div Yield %——————0.44
NPM %5.26.54.81.71.0−2.8−15.4
OPM %21.022.016.011.014.011.019.0
D/E1.951.752.172.462.542.790.68
P/B——————2.3

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+11.0%
3 years+4.0%
TTM+16.0%
Compounded profit growth
5 years+19.0%
3 years+68.0%
TTM+1,332.0%
Stock price CAGR
Last year−20.0%
Return on equity
5 years8.0%
3 years7.0%
Last year15.0%

Shareholding pattern

As of 31 Dec 2025
Sep 2025Dec 2025
Promoters72.04%72.02%
FIIs2.93%3.70%
DIIs8.74%11.49%
Government——
Public14.67%11.83%
No. of shareholders4,42,0534,42,995
Change since Sep 2025 (pp)
Promoters −0.02FIIs +0.77DIIs +2.75Public −2.84

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseDisclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015, -Commissioning Of Additional 1 MTPA Grinding Unit At Nagaur.Closure of Trading WindowAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Scheme of Arrangement
Annual reports
Annual Report 2026
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingAug 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RecordingMay 2026PPTFeb 2026TranscriptFeb 2026PPT

Corporate actions

As of 10 Jul 2026
10 Jul 2026DIVIDENDDividend - Re 0.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman