JSW Steel Limited (NSE:JSWSTEEL)
India flag India · Delayed Price · Currency is INR
1,231.30
+0.10 (0.01%)
Jun 25, 2026, 3:30 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 ₹1,371. The average 1-year stock price forecast is 11.37% higher than the current stock price, while the lowest is ₹1,090 (-11.48%) and the highest is ₹1,650 (+34.00%).

Price Target: ₹1,371 (+11.37%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price₹1,090₹1,371₹1,400₹1,650
Change-11.48%+11.37%+13.70%+34.00%
* Price targets were last updated on May 19, 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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy121111131212
Buy788888
Hold677788
Sell542233
Strong Sell333333
Total333331333434

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
₹1,650
BuyMaintains₹1,650+34.00%May 19, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹1,415
BuyMaintains₹1,415+14.92%May 18, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
₹1,490
BuyMaintains₹1,490+21.01%Apr 27, 2026
Unknown Analyst
IDBI Capital
No rating
IDBI Capital
Hold
Maintains
₹1,115
HoldMaintains₹1,115-9.45%Jan 27, 2026
ICICI Securities
ICICI Securities
Hold
Maintains
₹1,280₹1,300
HoldMaintains₹1,280₹1,300+5.58%Jan 25, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.00T
from 1.85T
Increased by 7.84%
Revenue Next Year
2.18T
from 2.00T
Increased by 8.82%
EPS This Year
60.96
from 29.35
Increased by 107.70%
EPS Next Year
71.87
from 60.96
Increased by 17.89%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
1.46T1.66T1.75T1.69T1.85T2.00T
Revenue Growth
83.33%13.38%5.45%-3.53%9.86%7.84%
Gross Profit
715.40B630.73B709.11B671.06B657.73B930.18B
Gross Margin
48.88%38.00%40.52%39.75%35.46%46.51%
Operating Income
336.12B131.60B205.00B141.58B202.20B270.68B
Net Income
206.65B41.44B88.12B35.04B223.16B154.59B
EPS
----29.3560.96
EPS Growth
----126.64%107.70%
Forward PE
-----20.20
Dividend / Share
17.353.407.302.807.106.84
Dividend Growth
--80.40%114.71%-61.64%153.57%-3.67%
Free Cash Flow
47.04B62.84B-103.88B19.17B-48.86B142.44B
No. Analysts
-----35
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High2.3T
Avg2.0T
Low1.7T

Revenue Growth

Revenue Growth202720282029
High
23.2%
Avg
7.8%
Low
-5.8%

EPS Forecast

EPS202720282029
High92.50
Avg60.96
Low40.00

EPS Growth

EPS Growth202720282029
High
215.2%
Avg
107.7%
Low
36.3%