JSW Steel Limited (NSE:JSWSTEEL)
India flag India · Delayed Price · Currency is INR
1,348.00
-4.10 (-0.30%)
Nov 13, 2026, 3:28 PM IST

JSW Steel Stock Forecast

Stock Price Forecast

According to 35 analysts polled by S&P Global, JSW Steel stock has a consensus rating of "Buy" and an average price target of ₹1,400. The average 1-year stock price forecast is 3.87% higher than the current stock price, while the lowest is ₹1,135 (-15.80%) and the highest is ₹1,650 (+22.40%).

Price Target: ₹1,400 (+3.87%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,135₹1,400₹1,400₹1,650
Change-15.80%+3.87%+3.86%+22.40%
* Price targets were last updated on Oct 6, 2026.

Analyst Ratings

The average analyst rating for JSW Steel stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy121313131616
Buy888888
Hold988877
Sell333322
Strong Sell333322
Total353535353535

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹1,560
BuyMaintains₹1,560+15.73%Oct 6, 2026
Jefferies
Jefferies
Buy
Maintains
₹1,650
BuyMaintains₹1,650+22.40%May 19, 2026

Financial Forecast

Revenue This Year
2.11T
from 1.85T
Increased by 13.65%
Revenue Next Year
2.24T
from 2.11T
Increased by 6.33%
EPS This Year
69.09
from 29.35
Increased by 135.40%
EPS Next Year
75.71
from 69.09
Increased by 9.58%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
1.46T1.66T1.75T1.69T1.85T2.11T
Revenue Growth
83.33%13.38%5.45%-3.53%9.86%13.65%
Gross Profit
715.40B630.73B709.11B671.06B789.37B969.96B
Gross Margin
48.88%38.00%40.52%39.75%42.56%46.02%
Operating Income
336.12B131.60B205.00B141.58B233.45B293.98B
Net Income
206.65B41.44B88.12B35.04B223.16B173.23B
EPS
----29.3569.09
EPS Growth
----126.64%135.40%
Forward PE
-----19.51
Dividend / Share
17.353.407.302.807.107.77
Dividend Growth
166.92%-80.40%114.71%-61.64%153.57%9.38%
Free Cash Flow
----104.98B69.33B
No. Analysts
-----32
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High2.3T
Avg2.1T
Low2.0T

Revenue Growth

Revenue Growth202720282029
High
23.1%
Avg
13.7%
Low
7.6%

EPS Forecast

EPS202720282029
High83.28
Avg69.09
Low45.98

EPS Growth

EPS Growth202720282029
High
183.7%
Avg
135.4%
Low
56.7%