JSW Steel Limited (NSE:JSWSTEEL)

JSW Steel Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	128,960	118,810	80,300	154,240	88,080	119,430
Short-Term Investments	60,370	66,010	16,390	46,580	71,440	5,520
Trading Asset Securities	-	-	-	-	-	10
Cash & Short-Term Investments	189,330	184,820	96,690	200,820	159,520	124,960
Cash Growth	103.76%	91.15%	-51.85%	25.89%	27.66%	4.96%
Accounts Receivable	91,490	84,150	75,480	71,340	74,570	44,860
Other Receivables	40	51,630	38,960	27,800	32,370	23,280
Receivables	92,310	135,800	114,480	106,310	114,530	72,930
Inventory	396,760	349,560	378,150	331,350	337,870	142,490
Prepaid Expenses	-	6,490	5,780	2,880	3,580	1,900
Restricted Cash	-	1,970	2,520	2,090	2,530	420
Other Current Assets	95,230	28,720	47,720	38,050	35,710	15,820
Total Current Assets	773,630	707,360	645,340	681,500	653,740	358,520
Property, Plant & Equipment	1,435,270	1,421,290	1,388,160	1,243,190	1,144,230	951,060
Long-Term Investments	95,690	93,990	72,440	48,010	49,560	74,190
Goodwill	6,470	6,430	6,390	1,280	1,190	3,360
Other Intangible Assets	25,270	25,380	25,420	20,850	20,630	17,820
Long-Term Deferred Tax Assets	1,580	2,970	3,000	5,390	-	-
Other Long-Term Assets	166,440	149,300	140,030	109,260	94,250	61,750
Total Assets	2,504,350	2,407,420	2,281,980	2,110,780	1,964,850	1,471,630
Accounts Payable	142,330	120,180	157,110	124,640	308,890	152,430
Accrued Expenses	-	67,220	68,280	54,520	69,630	52,150
Short-Term Debt	-	28,090	47,730	37,670	19,730	63,340
Current Portion of Long-Term Debt	205,560	111,650	134,480	141,320	110,860	93,560
Current Portion of Leases	4,190	3,960	3,490	4,170	6,800	4,050
Current Income Taxes Payable	7,830	1,980	3,520	13,490	3,910	5,560
Current Unearned Revenue	-	5,590	4,720	2,670	1,250	5,130
Other Current Liabilities	347,720	267,590	241,320	321,150	54,440	56,770
Total Current Liabilities	707,630	606,260	660,650	699,630	575,510	432,990
Long-Term Debt	776,740	819,830	673,640	619,810	579,360	497,880
Long-Term Leases	24,580	36,850	20,600	15,940	15,820	19,390
Pension & Post-Retirement Benefits	-	5,090	4,860	4,360	3,790	2,240
Long-Term Deferred Tax Liabilities	97,390	95,100	96,590	79,360	76,210	35,090
Other Long-Term Liabilities	46,510	27,630	27,880	21,290	28,810	34,130
Total Liabilities	1,652,850	1,590,760	1,484,220	1,440,390	1,279,500	1,021,720
Common Stock	2,440	2,440	2,440	2,400	2,400	2,410
Additional Paid-In Capital	-	77,200	77,200	54,170	54,170	54,170
Retained Earnings	-	622,310	604,240	526,880	526,240	340,150
Comprehensive Income & Other	826,890	93,010	92,810	73,500	90,160	59,370
Total Common Equity	829,330	794,960	776,690	656,950	672,970	456,100
Minority Interest	22,170	21,700	21,070	13,440	12,380	-6,190
Shareholders' Equity	851,500	816,660	797,760	670,390	685,350	449,910
Total Liabilities & Equity	2,504,350	2,407,420	2,281,980	2,110,780	1,964,850	1,471,630
Total Debt	1,011,070	1,000,380	879,940	818,910	732,570	678,220
Net Cash (Debt)	-821,740	-815,560	-783,250	-618,090	-573,050	-553,260
Net Cash Per Share	-336.07	-333.50	-321.53	-255.70	-237.07	-228.88
Filing Date Shares Outstanding	2,437	2,440	2,437	2,404	2,401	2,406
Total Common Shares Outstanding	2,437	2,440	2,437	2,404	2,401	2,406
Working Capital	66,000	101,100	-15,310	-18,130	78,230	-74,470
Book Value Per Share	340.32	325.74	318.77	273.23	280.35	189.59
Tangible Book Value	797,590	763,150	744,880	634,820	651,150	434,920
Tangible Book Value Per Share	327.29	312.70	305.72	264.03	271.26	180.78
Land	-	42,820	39,890	37,830	36,810	21,540
Buildings	-	220,670	189,070	166,100	155,690	105,560
Machinery	-	1,391,720	1,224,470	1,108,640	1,002,600	670,100
Construction In Progress	-	204,780	292,160	219,210	167,560	324,330

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.