JSW Steel Limited (BOM:500228)

JSW Steel Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	184,180	392,580	118,810	80,300	154,240	88,080
Short-Term Investments	46,830	92,320	7,820	16,390	46,580	71,440
Trading Asset Securities	-	5,180	58,190	-	-	-
Cash & Short-Term Investments	231,010	490,080	184,820	96,690	200,820	159,520
Cash Growth	22.01%	165.17%	91.15%	-51.85%	25.89%	27.66%
Accounts Receivable	123,430	112,600	84,150	75,480	71,340	74,570
Other Receivables	-	40,240	51,630	38,960	27,800	32,370
Receivables	124,380	153,740	135,800	114,480	106,310	114,530
Inventory	360,560	327,650	349,560	378,150	331,350	337,870
Prepaid Expenses	-	4,990	6,490	5,780	2,880	3,580
Restricted Cash	-	1,880	1,970	2,520	2,090	2,530
Other Current Assets	66,720	56,010	28,720	47,720	38,050	35,710
Total Current Assets	782,670	1,034,350	707,360	645,340	681,500	653,740
Property, Plant & Equipment	1,411,400	1,363,460	1,421,290	1,388,160	1,243,190	1,144,230
Long-Term Investments	105,440	97,000	93,990	72,440	48,010	49,560
Goodwill	6,570	6,550	6,430	6,390	1,280	1,190
Other Intangible Assets	24,900	23,770	25,380	25,420	20,850	20,630
Long-Term Deferred Tax Assets	260	180	2,970	3,000	5,390	-
Other Long-Term Assets	195,070	171,420	149,300	140,030	109,260	94,250
Total Assets	2,526,340	2,696,760	2,407,420	2,281,980	2,110,780	1,964,850

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	172,120	146,660	120,180	157,110	124,640	308,890
Accrued Expenses	-	57,490	67,220	68,280	54,520	69,630
Short-Term Debt	-	45,440	28,090	47,730	37,670	19,730
Current Portion of Long-Term Debt	155,510	153,800	111,650	134,480	141,320	110,860
Current Portion of Leases	4,420	4,720	3,960	3,490	4,170	6,800
Current Income Taxes Payable	27,040	12,620	1,980	3,520	13,490	3,910
Current Unearned Revenue	-	5,870	5,590	4,720	2,670	1,250
Other Current Liabilities	323,850	267,170	267,590	241,320	321,150	54,440
Total Current Liabilities	682,940	693,770	606,260	660,650	699,630	575,510
Long-Term Debt	507,000	756,080	819,830	673,640	619,810	579,360
Long-Term Leases	31,270	45,920	36,850	20,600	15,940	15,820
Pension & Post-Retirement Benefits	-	9,150	5,090	4,860	4,360	3,790
Long-Term Deferred Tax Liabilities	96,790	92,930	95,100	96,590	79,360	76,210
Other Long-Term Liabilities	73,590	44,160	27,630	27,880	21,290	28,810
Total Liabilities	1,391,590	1,642,010	1,590,760	1,484,220	1,440,390	1,279,500

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	2,440	2,440	2,440	2,440	2,400	2,400
Additional Paid-In Capital	-	77,200	77,200	77,200	54,170	54,170
Retained Earnings	-	837,950	622,310	604,240	526,880	526,240
Comprehensive Income & Other	1,130,620	82,940	93,010	92,810	73,500	90,160
Total Common Equity	1,133,060	1,000,530	794,960	776,690	656,950	672,970
Minority Interest	1,690	54,220	21,700	21,070	13,440	12,380
Shareholders' Equity	1,134,750	1,054,750	816,660	797,760	670,390	685,350
Total Liabilities & Equity	2,526,340	2,696,760	2,407,420	2,281,980	2,110,780	1,964,850

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	698,200	1,005,960	1,000,380	879,940	818,910	732,570
Net Cash (Debt)	-467,190	-515,880	-815,560	-783,250	-618,090	-573,050
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-191.04	-210.95	-333.50	-321.53	-255.70	-237.07
Filing Date Shares Outstanding	2,441	2,441	2,440	2,437	2,404	2,401
Total Common Shares Outstanding	2,441	2,441	2,440	2,437	2,404	2,401
Working Capital	99,730	340,580	101,100	-15,310	-18,130	78,230
Book Value Per Share	464.26	409.91	325.74	318.77	273.23	280.35
Tangible Book Value	1,101,590	970,210	763,150	744,880	634,820	651,150
Tangible Book Value Per Share	451.36	397.49	312.70	305.72	264.03	271.26
Land	-	40,560	42,820	39,890	37,830	36,810
Buildings	-	210,460	220,670	189,070	166,100	155,690
Machinery	-	1,337,450	1,388,120	1,224,470	1,108,640	1,002,600
Construction In Progress	-	218,920	204,780	292,160	219,210	167,560

Data Source: S&P Global Market Intelligence Last updated: Oct 23, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 3, 2026

Data Sources Report a data error