JSWCEMENT Share Price | JSW Cement Ltd Stock Analysis & Recommendation

Q: Is JSW Cement overvalued or undervalued?

As of 26 November 2025, the valuation grade for JSW Cement has moved from expensive to fair. The company is currently fairly valued. Key ratios include a PE Ratio of 155.65, an EV to EBITDA of 25.50, and a ROCE of 5.01%. In comparison to peers, UltraTech Cement is rated as very expensive with a PE of 47.25, while Grasim Industries is considered attractive with a PE of 42.71.Despite the fair valuation, JSW Cement's stock has underperformed relative to the Sensex, with a 1-month return of -13.81% compared to the Sensex's 1.66%. This suggests that while the company is fairly valued, market sentiment may be weighing on its stock performance.

Q: Why is JSW Cement Ltd falling/rising?

As of 20-May, JSW Cement Ltd's stock price is falling, currently at 120.90, which reflects a decrease of 0.5 or 0.41%. The stock has been underperforming relative to the sector, with a performance today that is down by 0.57%. Additionally, the stock has experienced a consecutive decline over the last three days, resulting in a total drop of 1.79% during this period. In terms of broader market performance, the stock has also shown negative returns over the past week and month, with declines of 1.55% and 6.64%, respectively, while the benchmark Sensex has gained 0.95% and lost only 4.08% in the same time frames. Although the stock has positive year-to-date returns of 1.72%, this is in contrast to the Sensex, which has seen a significant decline of 11.62% year-to-date.The stock's moving averages indicate that it is currently higher than the 100-day moving average but lower than the 5-day, 20-day, 50-day, and 200-day moving averages, suggesting a short-term weakness. Despite a rise in investor participation, with delivery volume increasing by 1.99% against the 5-day average, the overall sentiment appears to be negative, contributing to the stock's decline.

Upcoming Result: JSW Cement will declare its result soon on 21 May 2026

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

4.22 cr (4,791.80%) Volume

Shareholding (Mar 2026)

FII

2.94%

Held by 48 FIIs

DII

8.74%

Held by 29 DIIs

Promoter

72.03%

How has been the historical performance of JSW Cement?

02-Sep-2025

JSW Cement's financial performance in Mar'25 showed net sales of 5,813.07 crore but a consolidated net profit of -114.08 crore, reflecting significant challenges in profitability and cash flow management. Total liabilities increased to 11,881.17 crore, while cash and cash equivalents fell to 65.00 crore.

Answer: The historical performance of JSW Cement shows a challenging financial landscape, particularly in Mar'25, where the company reported net sales of 5,813.07 crore and total operating income of the same amount. The total expenditure, excluding depreciation, was 5,099.34 crore, leading to an operating profit (PBDIT) of 815.32 crore. However, after accounting for interest expenses of 450.15 crore and depreciation of 310.34 crore, the profit before tax was only 54.83 crore, resulting in a profit after tax of -65.29 crore. Consequently, the consolidated net profit stood at -114.08 crore, with an earnings per share (EPS) of -1.16. The operating profit margin was 12.28%, while the profit after tax margin was -2.82%. In terms of balance sheet results, total liabilities increased to 11,881.17 crore in Mar'25 from 11,216.05 crore in Mar'24, with long-term borrowings rising to 5,010.42 crore. Shareholder's funds decreased to 2,352.55 crore, and total reserves fell to 1,366.20 crore. The cash flow statement indicates a profit before tax of -43.00 crore, with cash flow from operating activities at 736.00 crore, but a net cash outflow of -53.00 crore was recorded. The closing cash and cash equivalents were 65.00 crore, down from 118.00 crore in the previous year. Overall, JSW Cement's financial performance in Mar'25 reflects significant challenges, particularly in profitability and cash flow management. Breakdown: JSW Cement's financial performance in Mar'25 reveals a net sales figure of 5,813.07 crore, with total operating income matching this amount. The company faced substantial costs, leading to a total expenditure of 5,099.34 crore, which resulted in an operating profit (PBDIT) of 815.32 crore. However, after accounting for interest and depreciation, the profit before tax was only 54.83 crore, culminating in a profit after tax of -65.29 crore and a consolidated net profit of -114.08 crore. The operating profit margin was recorded at 12.28%, while the profit after tax margin was negative at -2.82%. On the balance sheet, total liabilities rose to 11,881.17 crore, with long-term borrowings increasing to 5,010.42 crore, and shareholder's funds decreased to 2,352.55 crore. The cash flow statement indicated a profit before tax of -43.00 crore, with cash flow from operating activities at 736.00 crore, but the company experienced a net cash outflow of -53.00 crore, resulting in closing cash and cash equivalents of 65.00 crore.

View full answer

Is JSW Cement overvalued or undervalued?

27-Nov-2025

As of November 26, 2025, JSW Cement is fairly valued with a PE ratio of 155.65, but its stock has underperformed the Sensex with a 1-month return of -13.81%.

View full answer

Which are the latest news on JSW Cement?

20-May-2026

When is the next results date for JSW Cement Ltd?

20-May-2026

The next results date for JSW Cement Ltd is 21 May 2026.

View full answer

Why is JSW Cement Ltd falling/rising?

21-May-2026

As of 20-May, JSW Cement Ltd's stock price is at 120.90, reflecting a decline of 0.41%. The stock has underperformed in the sector, with negative returns over the past week and month, despite positive year-to-date returns.

View full answer

Compare JSW Cement with Similar Stocks

The Ramco Cement India Cements ACC

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Unrated Stock - No Analysis Available

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Cement & Cement Products

Market cap

INR 17,377 Cr (Small Cap)

P/E

42.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.40

Return on Equity

1.55%

Price to Book

2.51

Revenue and Profits:

Net Sales:

1,895 Cr

(Quarterly Results - Mar 2026)

Net Profit:

371 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

4.54%

6 Months

2.46%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

JSW Cement for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

When is the next results date for JSW Cement Ltd?

The next results date for JSW Cement Ltd is scheduled for 21 May 2026....

Read full news article

When is the next results date for JSW Cement Ltd?

The next results date for JSW Cement Ltd is scheduled for 18 May 2026....

Read full news article

Announcements

No announcement available

Corporate Actions

BOARD MEETING

(21 May 2026)

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-0.20%

EBIT Growth (5y)

14.39%

EBIT to Interest (avg)

1.20

Debt to EBITDA (avg)

5.25

Net Debt to Equity (avg)

1.76

Sales to Capital Employed (avg)

0.72

Tax Ratio

57.97%

Dividend Payout Ratio

Pledged Shares

0.10%

Institutional Holding

11.67%

ROCE (avg)

5.81%

ROE (avg)

3.93%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.51

EV to EBIT

41.44

EV to EBITDA

26.42

EV to Capital Employed

2.08

EV to Sales

3.48

PEG Ratio

Dividend Yield

ROCE (Latest)

5.01%

ROE (Latest)

1.55%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

KST

Dow Theory

No Trend

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

0.1018

Mutual Funds

Held by 21 Schemes (8.04%)

FIIs

Held by 48 FIIs (2.94%)

Promoter with highest holding

Adarsh Advisory Services Pvt Ltd (63.9%)

Highest Public shareholder

Sbi Elss Tax Saver Fund (3.61%)

Individual Investors Holdings

6.6%

Financial

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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

1,749.19

1,478.67

18.29%

Operating Profit (PBDIT) excl Other Income

340.11

275.75

23.34%

Interest

68.74

67.80

1.39%

Exceptional Items

-4.41

-31.26

85.89%

Standalone Net Profit

388.27

149.46

159.78%

Operating Profit Margin (Excl OI)

19.44%

18.65%

0.79%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 18.29% vs 11.83% in Dec 2025

Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is 159.78% vs 55.78% in Dec 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

2,767.42

2,547.07

8.65%

Operating Profit (PBDIT) excl Other Income

577.85

321.54

79.71%

Interest

170.67

189.26

-9.82%

Exceptional Items

-1,466.39

0.00

Standalone Net Profit

-1,236.40

35.14

-3,618.50%

Operating Profit Margin (Excl OI)

20.88%

12.62%

8.26%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

4,246.09

3,907.86

8.66%

Operating Profit (PBDIT) excl Other Income

853.60

482.41

76.94%

Interest

238.47

286.68

-16.82%

Exceptional Items

-1,497.65

0.00

Standalone Net Profit

-1,086.94

32.42

-3,452.68%

Operating Profit Margin (Excl OI)

20.10%

12.34%

7.76%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

5,995.28

5,505.47

8.90%

Operating Profit (PBDIT) excl Other Income

1,193.71

725.62

64.51%

Interest

307.21

384.40

-20.08%

Exceptional Items

-1,502.05

0.00

Standalone Net Profit

-698.67

101.91

-785.58%

Operating Profit Margin (Excl OI)

19.91%

13.18%

6.73%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Annual Results

Company CV

About JSW Cement Ltd

JSW Cement Ltd

Small Cap

Cement & Cement Products

JSW Cement Limited was incorporated on March 29, 2006 vide Certificate of Incorporation, issued by Registrar of Companies, Mumbai. The Company received a Certificate of Commencement of Business on May 12, 2006 by the RoC. JSW Cement Limited is a cement manufacturing company in India focused on manufacturing green cementitious products comprising blended cement which includes Portland Slag Cement (PSC) and Portland Composite Cement (PCC)) and Gound Granulated Blast Furnace Slag (GGBS).

Company Coordinates

No Company Details Available