Skip to content
thestock.space

As of 6 Nov 2026, JSW Cement trades at 21.9× trailing earnings, below the industry P/E of 27.3×, and the shares are 14% below their 52-week high. Its ROCE of −4.1% is the lowest among the 7 largest Building Materials peers, and sales grew 4.7% a year over 3 years. Its dividend yield is 0.4%, and debt is 0.71× equity. It is a small-cap company with a market cap of ₹16,693 Cr, ranked 9th of 58 Building Materials companies by market cap; the shares fell 9.2% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹123.45
Day high
₹127.15
Day low
₹119.46
Prev. close
₹122.52
Volume
4.2 Cr

Health check

2 good · 1 fair · 3 to check
  • ReturnsIn line

    −9.2% over a year, better than 4 of 7 peers.

  • Price tagCheaper

    P/E 21.9 vs industry 27.3.

  • GrowthSlow

    Sales +4.7% a year over 3 years.

  • ProfitabilityNegative

    ROCE -4.1% vs peer median 10.2%.

  • Balance sheetStretched

    Debt 0.71× equity, operating profit doesn’t cover interest, Piotroski 5 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Building Materials

57 listed peers. Screen the industry

Small cap

₹16,693 Cr, #9 of 58 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹7,518 Cr · profit ₹759 Cr
Market cap
₹16,693 Cr
Small cap
P/E
21.9
Industry 27.3
Price to book
2.46
Peers 2.12
Dividend yield
0.41%
ROE
11.3%
Peers 4.9%
ROCE
−4.1%
Peers 10.2%
Debt to equity
0.71
Debt ₹4,811 Cr
EPS (TTM)
₹5.63
Face value ₹10
OPM (TTM)
16.7%
Net margin 10.1%
Sales growth
+33.1%
Latest quarter vs a year ago
Profit growth
−1.2%
Latest quarter vs a year ago
Price to sales
2.22
EV/EBITDA 15.4

Strengths and risks

Strengths

  • Quarterly sales up 33.1% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About JSW Cement

JSW Cement Limited manufactures and sells cement under the JSW Cement brand in India. The company offers Portland slag, ordinary Portland, composite, and Portland pozzolana cement products. It also provides construction chemicals comprising precision steel grouts, mortars, and waterproofing compounds, as well as tile adhesives, grouts, and cleaners; cementitious materials, including ground granulated blast furnace slag (GGBS) and microfine GGBS;…

Headquarters
Mumbai
Employees
1,848
Sector
Basic Materials
ISIN
INE718I01012
Website
jswcement.in

Price range

52 weeks

₹106.65₹143.40

Today

₹119.46₹127.15
Avg volume (3M)
21.7 L
1-year return
minus 9.2%
From 52-week high
minus 13.9%

Analyst consensus

17 analysts
Strong buyMean target ₹143.88 plus 16.6%

Target range, with today’s price

Low ₹127.00High ₹180.00

Today’s price ₹123.41 is below the lowest analyst target.

Consensus from Yahoo Finance. Not a recommendation.

Peers · Building Materials

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
ULTRACEMCOUltraTech Cement12,450.00plus 1.63%3,66,11041.622.811.8%19.1%0.3811.9%plus 3.6%
GRASIMGrasim Industries3,227.00minus 0.02%2,18,88438.516.84.0%15.0%1.3514.3%plus 12.0%
AMBUJACEMAmbuja Cements390.60plus 0.67%97,05734.714.64.6%14.3%0.01–minus 31.6%
SHREECEMShree Cement25,100.00plus 0.82%90,56357.218.010.2%20.1%0.095.7%minus 9.8%
JKCEMENTJ.K. Cement5,239.80minus 0.20%40,48742.319.213.3%15.8%1.0112.1%minus 9.1%
DALBHARATDalmia Bharat1,470.30plus 0.27%27,60256.39.67.0%16.5%0.573.0%minus 28.5%
ACCACC1,236.20plus 0.77%23,21426.47.910.4%8.7%0.02–minus 33.1%
JSWCEMENTJSW Cement123.41plus 0.73%16,69321.916.7−4.1%16.7%0.714.7%minus 9.2%
Median of 7 peers–0.67%90,56341.616.810.2%15.8%0.3811.9%−9.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
1,4361,6211,8951,8961,912
1,1691,3361,5301,5981,634
268285365299278
18.6%17.6%19.3%15.7%14.5%
33.510126.686.537.2
10086.788.897.4114
79.581.283.697.599.8
–−33.7−4.4––
121184215190101
37.8%29.1%−68.3%19.3%22.9%
86.414237116185.4
0.711.052.751.190.63

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+4.7%
ROE
11.3%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
5,6805,8395,8136,512
–+2.8%minus 0.5%+12.0%
4,8634,9235,1185,270
8179166951,242
14.4%15.7%12.0%19.1%
23.315414293.1
293413428348
373278310322
−49.8−154−142−1,446
125224−43.6−781
16.7%72.4%−275.3%−2.2%
13789.8−114−756
–minus 34.3%minus 227.0%–
1.030.67-0.84-6.19

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
9869869861,341
1,3061,4781,3665,209
5,6416,2546,5634,464
2,2852,6003,0893,521
10,21911,31912,00414,535
5,7766,4557,5619,464
2,0571,1611,7181,922
420217141124
53595145448
1,9122,8912,4392,577
10,21911,31912,00414,535

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
6531,4087371,170
−1,793−1,120−558−1,649
1,041−221−232861
−98.867−53.1382
−1,634−932−1,152−1,962
−981476−415−791

Shareholding pattern

Source: NSE filings
72.0%
promoters
  • Promoters72.02%
  • Public27.20%
  • Employee trusts0.78%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202672.02%27.20%0.00
30 Jun 202672.02%27.03%minus 0.01
31 Mar 202672.03%26.35%minus 0.30
31 Dec 202572.33%25.85%0.00
30 Sep 202572.33%25.54%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you