JSWHL

JSW Holdings Limited

Investment holding company of JSW Group entities

Financial Services›Financial Services›Finance›Investment Company

jswholdings.in(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹11316.00
Market cap
12,557 Cr
Stock P/E
91.4
P/B
0.38
ROE (FY26)
0.4%
ROCE (FY26)
0.6%
Operating margin (FY26)
92.2%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

JSW Holdings is a listed investment and financing company that earns interest, dividends, pledge fees and management advisory fees from its loans and investments, and its filings carry the O. P. Jindal Group name.

Company snapshot

7thBy market cap

Ranked among 41 companies in Investment Company.

What we see

Positives
  • ✓Net margin of 81.7% — the business keeps a healthy share of every rupee it earns.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Net Interest Income23 Cr23 Cr24 Cr25 Cr26 Cr26 Cr28 Cr29 Cr30 Cr30 Cr31 Cr32 Cr
Other income0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0.15 Cr
Net operating income23 Cr23 Cr24 Cr25 Cr26 Cr26 Cr28 Cr29 Cr30 Cr30 Cr31 Cr32 Cr
Employee cost2 Cr2 Cr2 Cr2 Cr3 Cr2 Cr3 Cr3 Cr3 Cr3 Cr2 Cr5 Cr
Other expenses0.84 Cr0.64 Cr1 Cr0.86 Cr1 Cr0.93 Cr0.83 Cr0.80 Cr1 Cr0.88 Cr0.86 Cr1 Cr
Provisions & contingencies————————————
Depreciation0.0005 Cr0.0004 Cr0.0014 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0.0010 Cr0.0027 Cr0.0026 Cr0.0019 Cr
Profit before tax86 Cr41 Cr37 Cr59 Cr158 Cr20 Cr16 Cr40 Cr88 Cr39 Cr21 Cr32 Cr
Tax %26.1%15.5%11.1%10.4%25.4%32.0%40.2%16.5%23.2%17.4%36.0%23.6%
Net profit63 Cr35 Cr33 Cr53 Cr118 Cr14 Cr10 Cr34 Cr67 Cr32 Cr14 Cr25 Cr
EPS (₹)₹56.95₹31.28₹30.00₹47.38₹107.80₹12.51₹8.76₹30.47₹60.52₹28.94₹12.21₹22.11

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Net Interest Income——39 Cr42 Cr—58 Cr79 Cr93 Cr105 Cr120 CrSign in free for the trailing twelve months
Other income—0.69 Cr0.02 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 CrSign in free for the trailing twelve months
Net operating income—0.69 Cr39 Cr42 Cr0 Cr58 Cr79 Cr93 Cr105 Cr120 CrSign in free for the trailing twelve months
Employee cost3 Cr3 Cr4 Cr4 Cr3 Cr3 Cr3 Cr9 Cr10 Cr10 CrSign in free for the trailing twelve months
Other expenses0.78 Cr0.98 Cr2 Cr2 Cr2 Cr3 Cr3 Cr3 Cr4 Cr4 CrSign in free for the trailing twelve months
Provisions & contingencies——————————Sign in free for the trailing twelve months
Depreciation0.02 Cr0.03 Cr0.04 Cr0.03 Cr0.03 Cr0.01 Cr0.0047 Cr0.0027 Cr0 Cr0.0063 CrSign in free for the trailing twelve months
Profit before tax60 Cr85 Cr114 Cr118 Cr97 Cr197 Cr433 Cr194 Cr255 Cr188 CrSign in free for the trailing twelve months
Tax %19.9%19.0%12.4%9.7%22.6%23.2%23.4%20.0%23.3%22.0%Sign in free for the trailing twelve months
Net profit48 Cr69 Cr100 Cr106 Cr75 Cr152 Cr331 Cr156 Cr196 Cr147 CrSign in free for the trailing twelve months
EPS (₹)₹43.43₹61.85₹90.36₹96.17₹67.96₹136.66₹298.72₹140.18₹176.45₹132.14Sign in free for the trailing twelve months
Dividend payout %————0.0%0.0%0.0%0.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr
Reserves847 Cr916 Cr8,277 Cr7,101 Cr12,591 Cr19,943 Cr19,399 Cr25,424 Cr31,299 Cr33,000 Cr
Borrowings——————————
Other liabilities2 Cr2 Cr718 Cr600 Cr1,443 Cr2,802 Cr2,629 Cr3,816 Cr3,955 Cr4,191 Cr
Total liabilities860 Cr930 Cr9,005 Cr7,712 Cr14,045 Cr22,756 Cr22,039 Cr29,251 Cr35,265 Cr37,203 Cr
Fixed assets (net)0.03 Cr0.14 Cr0.08 Cr0.06 Cr0.06 Cr0.0074 Cr0.0027 Cr0 Cr0 Cr0.01 Cr
CWIP———0 Cr0 Cr———0 Cr0 Cr
Investments531 Cr571 Cr8,619 Cr7,279 Cr13,546 Cr22,119 Cr21,102 Cr28,191 Cr34,045 Cr35,849 Cr
Loans & advances——364 Cr413 Cr485 Cr619 Cr919 Cr1,033 Cr1,190 Cr1,345 Cr
Inventories——0 Cr0 Cr0 Cr0 Cr0 Cr4 Cr0 Cr0 Cr
Trade receivables2 Cr4 Cr2 Cr1 Cr3 Cr3 Cr2 Cr2 Cr0.28 Cr2 Cr
Cash & bank0.05 Cr8 Cr10 Cr6 Cr1 Cr0.32 Cr1 Cr4 Cr3 Cr3 Cr
Other assets327 Cr347 Cr10 Cr12 Cr10 Cr15 Cr15 Cr17 Cr26 Cr4 Cr
Total assets860 Cr930 Cr9,005 Cr7,712 Cr14,045 Cr22,756 Cr22,039 Cr29,251 Cr35,265 Cr37,203 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity32 Cr66 Cr89 Cr103 Cr67 Cr130 Cr278 Cr30 Cr169 Cr140 Cr
Cash from investing-43 Cr-58 Cr-87 Cr-108 Cr-72 Cr-131 Cr779 Cr-112 Cr-170 Cr-140 Cr
Cash from financing0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr-0.87 Cr
Net cash flow-11 Cr8 Cr2 Cr-4 Cr-5 Cr-0.78 Cr1,057 Cr-82 Cr-0.67 Cr-0.83 Cr
Free cash flow (OCF − Capex)32 Cr66 Cr——67 Cr130 Cr278 Cr30 Cr169 Cr140 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %7.0%9.1%1.4%1.7%0.8%1.0%2.2%0.8%0.8%0.6%
ROE %5.6%7.4%1.2%1.5%0.6%0.8%1.7%0.6%0.6%0.4%
Debtor days1316831062404
Inventory days——00000800
Days payable——————————
Cash conversion cycle13168310621204
Debt / equity——0.00———————
Current ratio——————————
Net debt / EBITDA-0.0009-0.09-0.10-0.05-0.01-0.0018-0.0029-0.03-0.01-0.02