
About JSW Cement Limited
Data last updated:
JSW Cement Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Adarsh Advisory Services Private Limited. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 29 March 2006 and has been in existence for over 20 years.
JSW Cement is part of the Nifty 500 index.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L26957MH2006PLC160839. Its GSTIN is 27AABCJ6731B1ZW (Maharashtra). The company holds 23 GST registrations, of which 18 are active. Its shares are listed on BSE: 544480 and NSE: JSWCEMENT.
The company has an authorised share capital of ₹3,500 Cr and a paid-up capital of ₹1,363.36 Cr. It is led by directors including Parth Sajjan Jindal (Managing Director) and Nilesh Narwekar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Jsw Centre Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹6,512.46 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹732.36 Cr (net margin 11.2%) and EBITDA of -₹264.2 Cr (EBITDA margin -4.1%). The net worth stands at ₹6,550.41 Cr (up 54.1% YoY). Total assets are valued at ₹11,100 Cr (up 22.8% YoY).
The company has about 1,470 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 1 joint venture.
The company is associated with 1 brand: JSW Cement. As per MCA filings, the company has open charges of ₹7,985.2 Cr and satisfied charges of ₹15,180 Cr on record. Court records list 213 cases involving the company, including 147 filed by the company and 36 filed against it; 101 cases are pending. The company has 29 deals on record (14 secondary share transfers, 7 funding rounds, 4 market trades), with disclosed funding of ₹2,031.41 Cr; the latest was in May 2026. Its 10 peer companies in the Manufacturing industry (Cement and Cement Products) are compared by revenue, 5 larger and 5 smaller; the largest is The Ramco Cements Limited with revenue of ₹8,559.57 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2021, listing 686 overdue payments to 212 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jswcement.in.
CIN History of JSW Cement Limited
JSW Cement has one previous CIN (Corporate Identification Number): U26957MH2006PLC160839. The current CIN is L26957MH2006PLC160839, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26957MH2006PLC160839 | Current |
| U26957MH2006PLC160839 | Previous |
Recognitions & Rankings of JSW Cement
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressJsw Centre Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryManufacturing, Cement & Cement Products
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with JSW Cement Limited
JSW Cement operates one associated brand: JSW Cement. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cement, aggregates, additives, and ready-mix concrete are manufactured. | jswcement.in |
Business Activity of JSW Cement Limited
The main business activity of JSW Cement is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of JSW Cement Limited FY 2025-26 filings available
JSW Cement Limited reported revenue of ₹6,512.46 Cr (up 12% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6,512 | 5,813 | 6,028 | 5,837 | 4,669 | 3,862 | 2,928 |
| Revenue growth | +12.0% | -3.6% | +3.3% | +25.0% | +20.9% | +31.9% | - |
| EBITDA | (264) | 615 | 851 | 663 | 756 | 787 | 602 |
| EBITDA margin | -4.1% | +10.6% | +14.1% | +11.4% | +16.2% | +20.4% | +20.6% |
| Profit before tax | (781) | (43.64) | 224 | 125 | 398 | 379 | 230 |
| Net profit | 732 | (116) | 90.34 | 137 | 244 | 278 | 155 |
| Net profit margin | +11.3% | -2.0% | +1.5% | +2.4% | +5.2% | +7.2% | +5.3% |
| EPS (₹) | (5.64) | (1.16) | 0.91 | 1.39 | 2.48 | 2.53 | 1.56 |
| Balance sheet | |||||||
| Total assets | 11,100 | 9,042 | 8,737 | 7,980 | 7,234 | 5,258 | 4,758 |
| Net worth | 6,550 | 4,250 | 4,212 | 3,902 | 2,131 | 1,825 | 1,526 |
| Total debt | 4,464 | 4,665 | 4,507 | 4,031 | 4,622 | 3,189 | 2,969 |
| Cash & bank | 500 | 124 | 316 | 55.03 | 555 | 136 | 114 |
| Net working capital | (59.96) | (183) | 122 | 384 | 819 | 80.31 | (10.78) |
| Cash flow | |||||||
| Cash from operations | 1,170 | 737 | 1,408 | 653 | 339 | 783 | 723 |
| Cash from investing | (1,649) | (558) | (1,120) | (1,808) | (1,530) | (686) | (765) |
| Cash from financing | 861 | (232) | (221) | 1,041 | 1,260 | (95.31) | 119 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,896 | 1,895 | 1,621 | 1,436 | 1,560 | 1,709 | 1,433 | 1,224 |
| Revenue growth (YoY) | +21.6% | +10.9% | +13.2% | +17.4% | +7.8% | - | - | - |
| Other income | 86.50 | 26.63 | 101 | 33.54 | 22.18 | 28.21 | 21.68 | 27.38 |
| EBITDA | 299 | 361 | 251 | 268 | (1,144) | 240 | 123 | 84.30 |
| EBITDA margin | +15.7% | +19.0% | +15.5% | +18.6% | -73.3% | +14.0% | +8.6% | +6.9% |
| Depreciation | 97.54 | 83.58 | 81.20 | 79.53 | 77.93 | 78.51 | 80.97 | 76.83 |
| Interest | 97.35 | 88.80 | 86.72 | 100 | 102 | 114 | 116 | 109 |
| Profit before tax | 190 | 215 | 184 | 121 | (1,302) | 75.75 | (53.01) | (74.52) |
| Tax | 36.73 | (147) | 53.67 | 45.89 | 64.77 | 59.54 | 27.21 | 1.30 |
| Net profit | 153 | 362 | 131 | 75.36 | (1,366) | 16.21 | (80.22) | (75.82) |
| EPS (₹) | 1.19 | 2.75 | 1.05 | 0.70 | (13.75) | 0.34 | 0.00 | (0.65) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,995 | 5,505 | 5,795 | 4,771 | 4,099 | 3,417 | 2,761 |
| Revenue growth | +8.9% | -5.0% | +21.5% | +16.4% | +20.0% | +23.7% | - |
| EBITDA | (308) | 726 | 888 | 665 | 726 | 752 | 592 |
| EBITDA margin | -5.1% | +13.2% | +15.3% | +13.9% | +17.7% | +22.0% | +21.4% |
| Profit before tax | (659) | 242 | 424 | 301 | 499 | 396 | 246 |
| Net profit | 763 | 102 | 207 | 250 | 325 | 284 | 162 |
| Net profit margin | +12.7% | +1.9% | +3.6% | +5.2% | +7.9% | +8.3% | +5.9% |
| EPS (₹) | (5.21) | 1.03 | 2.24 | 2.53 | 3.29 | 2.61 | 1.64 |
| Balance sheet | |||||||
| Total assets | 10,838 | 8,798 | 8,362 | 7,474 | 6,195 | 4,704 | 4,366 |
| Net worth | 7,101 | 4,754 | 4,434 | 3,994 | 2,114 | 1,748 | 1,447 |
| Total debt | 3,647 | 3,947 | 3,830 | 3,196 | 3,816 | 2,708 | 2,672 |
| Cash & bank | 496 | 114 | 290 | 50.04 | 457 | 71.10 | 73.96 |
| Net working capital | 102 | (129) | 552 | 430 | 975 | 281 | 225 |
| Cash flow | |||||||
| Cash from operations | 1,037 | 785 | 1,089 | 785 | 271 | 743 | 842 |
| Cash from investing | (1,476) | (538) | (844) | (1,455) | (1,142) | (468) | (662) |
| Cash from financing | 826 | (285) | (199) | 584 | 944 | (286) | (130) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,738 | 1,749 | 1,479 | 1,322 | 1,445 | 1,598 | 1,361 | 1,169 |
| Revenue growth (YoY) | +20.3% | +9.5% | +8.7% | +13.1% | +4.9% | - | - | - |
| Other income | 41.13 | 41.28 | 106 | 43.57 | 42.43 | 40.45 | 42.34 | 40.37 |
| Total expenses | 1,467 | 1,413 | 1,234 | 1,065 | 2,591 | 1,354 | 1,200 | 1,042 |
| EBITDA | 271 | 336 | 244 | 258 | (1,146) | 243 | 161 | 127 |
| EBITDA margin | +15.6% | +19.2% | +16.5% | +19.5% | -79.3% | +15.2% | +11.8% | +10.9% |
| Depreciation | 84.93 | 71.79 | 69.46 | 68.27 | 66.90 | 67.76 | 69.31 | 63.73 |
| Interest | 80.14 | 68.74 | 67.80 | 84.07 | 86.60 | 97.72 | 97.42 | 94.01 |
| Profit before tax | 147 | 236 | 213 | 149 | (1,257) | 118 | 36.48 | 9.91 |
| Tax | 35.84 | (152) | 63.95 | 52.85 | 75.18 | 48.69 | 39.20 | 13.20 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,896 | 1,895 | 1,621 | 1,436 | 1,560 | 1,709 | 1,433 | 1,224 |
| Revenue growth (YoY) | +21.6% | +10.9% | +13.2% | +17.4% | +7.8% | - | - | - |
| Other income | 86.50 | 26.63 | 101 | 33.54 | 22.18 | 28.21 | 21.68 | 27.38 |
| EBITDA | 299 | 361 | 251 | 268 | (1,144) | 240 | 123 | 84.30 |
| EBITDA margin | +15.7% | +19.0% | +15.5% | +18.6% | -73.3% | +14.0% | +8.6% | +6.9% |
| Depreciation | 97.54 | 83.58 | 81.20 | 79.53 | 77.93 | 78.51 | 80.97 | 76.83 |
| Interest | 97.35 | 88.80 | 86.72 | 100 | 102 | 114 | 116 | 109 |
| Profit before tax | 190 | 215 | 184 | 121 | (1,302) | 75.75 | (53.01) | (74.52) |
| Tax | 36.73 | (147) | 53.67 | 45.89 | 64.77 | 59.54 | 27.21 | 1.30 |
| Net profit | 153 | 362 | 131 | 75.36 | (1,366) | 16.21 | (80.22) | (75.82) |
| EPS (₹) | 1.19 | 2.75 | 1.05 | 0.70 | (13.75) | 0.34 | 0.00 | (0.65) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6,512 | 5,813 | 6,028 | 5,837 | 4,669 | 3,862 | 2,928 |
| Revenue growth | +12.0% | -3.6% | +3.3% | +25.0% | +20.9% | +31.9% | - |
| Other income | 183 | 102 | 86.49 | 145 | 195 | 61.73 | 40.36 |
| Total expenses | 6,777 | 5,198 | 5,177 | 5,174 | 3,912 | 3,075 | 2,326 |
| Employee cost | 342 | 369 | 299 | 295 | 245 | 205 | 175 |
| EBITDA | (264) | 615 | 851 | 663 | 756 | 787 | 602 |
| EBITDA margin | -4.1% | +10.6% | +14.1% | +11.4% | +16.2% | +20.4% | +20.6% |
| Depreciation | 322 | 310 | 278 | 373 | 238 | 179 | 145 |
| Interest | 378 | 450 | 435 | 310 | 315 | 291 | 268 |
| Profit before tax | (781) | (43.64) | 224 | 125 | 398 | 379 | 230 |
| Tax | 17.56 | 120 | 162 | 20.81 | 164 | 130 | 75.47 |
| Net profit | 732 | (116) | 90.34 | 137 | 244 | 278 | 155 |
| Net profit margin | +11.3% | -2.0% | +1.5% | +2.4% | +5.2% | +7.2% | +5.3% |
| EPS (₹) | (5.64) | (1.16) | 0.91 | 1.39 | 2.48 | 2.53 | 1.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1,341 | 2,884 | 2,734 | 2,596 | 986 | 986 | 986 |
| Reserves & surplus | 5,209 | 1,366 | 1,478 | 1,306 | 1,144 | 839 | 540 |
| Shareholders' funds (net worth) | 6,550 | 4,250 | 4,212 | 3,902 | 2,131 | 1,825 | 1,526 |
| Minority interest | (22.56) | 19.80 | (79.20) | (51.36) | (18.63) | (7.03) | 2.83 |
| Secured loans | 4,082 | 4,265 | 3,985 | 3,808 | 2,614 | 2,944 | 2,184 |
| Unsecured loans | 383 | 400 | 522 | 224 | 2,008 | 245 | 785 |
| Total debt | 4,464 | 4,665 | 4,507 | 4,031 | 4,622 | 3,189 | 2,969 |
| Total liabilities | 11,100 | 9,042 | 8,737 | 7,980 | 7,234 | 5,258 | 4,758 |
| Assets | |||||||
| Gross block | 10,338 | 8,332 | 7,522 | 5,713 | 5,381 | 4,800 | 3,989 |
| Net block | 8,480 | 6,785 | 6,189 | 4,645 | 4,573 | 4,224 | 3,293 |
| Capital work in progress | 976 | 1,038 | 770 | 1,591 | 876 | 294 | 920 |
| Investments | 290 | 345 | 759 | 714 | 484 | 354 | 320 |
| Inventories | 602 | 428 | 475 | 448 | 460 | 349 | 459 |
| Sundry debtors | 854 | 782 | 783 | 711 | 766 | 619 | 424 |
| Cash & bank balances | 500 | 124 | 316 | 55.03 | 555 | 136 | 114 |
| Loans & advances | 917 | 989 | 750 | 1,143 | 851 | 550 | 392 |
| Total current assets | 2,873 | 2,323 | 2,324 | 2,357 | 2,632 | 1,654 | 1,389 |
| Total current liabilities | 2,932 | 2,506 | 2,201 | 1,973 | 1,813 | 1,574 | 1,400 |
| Net working capital | (59.96) | (183) | 122 | 384 | 819 | 80.31 | (10.78) |
| Total assets | 11,100 | 9,042 | 8,737 | 7,980 | 7,234 | 5,258 | 4,758 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 65.05 | 118 | 51.13 | 165 | 95.65 | 114 | 37.27 |
| Net cash from operating activities | 1,170 | 737 | 1,408 | 653 | 339 | 783 | 723 |
| Net cash from investing activities | (1,649) | (558) | (1,120) | (1,808) | (1,530) | (686) | (765) |
| Net cash from financing activities | 861 | (232) | (221) | 1,041 | 1,260 | (95.31) | 119 |
| Net change in cash | 382 | (53.11) | 67.03 | (114) | 69.18 | 1.42 | 76.92 |
| Closing cash | 500 | 124 | 316 | 55.03 | 555 | 136 | 114 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.0% | -3.6% | +3.3% | +25.0% | +20.9% | +31.9% | - |
| EBITDA growth | -142.9% | -27.7% | +28.4% | -12.4% | -3.9% | +30.8% | - |
| PBT growth | -1690.2% | - | +79.7% | -68.6% | +4.9% | +65.1% | +9997.0% |
| Net income growth | +728.9% | -228.9% | -34.1% | -43.9% | -11.9% | +78.8% | - |
| Revenue CAGR (3Y) | +3.7% | +7.6% | +16.0% | +25.9% | - | - | - |
| EBITDA CAGR (3Y) | - | -6.6% | +2.6% | +3.3% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | -12.3% | -2.8% | +1.0% | +1.8% | +5.0% | +6.5% | +5.3% |
| Return on capital employed | +11.0% | +4.6% | +7.8% | +5.7% | +11.4% | +14.2% | +10.5% |
| Return on net worth | +15.5% | -6.8% | +2.6% | +4.7% | +11.8% | +16.6% | +10.1% |
| Debt / equity | 0.85 | 1.08 | 1.05 | 1.43 | 1.97 | 1.84 | 1.95 |
| Long-term debt / equity | 0.64 | 0.74 | 0.75 | 1.21 | 1.56 | 1.29 | 1.43 |
| Interest cover | -64.45 | 147.63 | 75.92 | 107.13 | 60.77 | 47.77 | 58.57 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.70 | 0.73 | 0.91 | 1.05 | 0.92 | 0.88 | 0.73 |
| Inventory turnover | 12.64 | 12.86 | 13.05 | 12.85 | 11.53 | 9.55 | 6.38 |
| Debtors turnover | 7.96 | 7.43 | 8.07 | 7.90 | 6.74 | 7.41 | 6.91 |
| EPS (₹) | (5.64) | (1.16) | 0.91 | 1.39 | 2.48 | 2.53 | 1.56 |
| Dividend per share (₹) | 0.50 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 48.84 | 23.85 | 24.99 | 23.24 | 21.60 | 18.51 | 15.47 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,738 | 1,749 | 1,479 | 1,322 | 1,445 | 1,598 | 1,361 | 1,169 |
| Revenue growth (YoY) | +20.3% | +9.5% | +8.7% | +13.1% | +4.9% | - | - | - |
| Other income | 41.13 | 41.28 | 106 | 43.57 | 42.43 | 40.45 | 42.34 | 40.37 |
| Total expenses | 1,467 | 1,413 | 1,234 | 1,065 | 2,591 | 1,354 | 1,200 | 1,042 |
| EBITDA | 271 | 336 | 244 | 258 | (1,146) | 243 | 161 | 127 |
| EBITDA margin | +15.6% | +19.2% | +16.5% | +19.5% | -79.3% | +15.2% | +11.8% | +10.9% |
| Depreciation | 84.93 | 71.79 | 69.46 | 68.27 | 66.90 | 67.76 | 69.31 | 63.73 |
| Interest | 80.14 | 68.74 | 67.80 | 84.07 | 86.60 | 97.72 | 97.42 | 94.01 |
| Profit before tax | 147 | 236 | 213 | 149 | (1,257) | 118 | 36.48 | 9.91 |
| Tax | 35.84 | (152) | 63.95 | 52.85 | 75.18 | 48.69 | 39.20 | 13.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,995 | 5,505 | 5,795 | 4,771 | 4,099 | 3,417 | 2,761 |
| Revenue growth | +8.9% | -5.0% | +21.5% | +16.4% | +20.0% | +23.7% | - |
| Other income | 233 | 164 | 157 | 130 | 225 | 76.09 | 54.78 |
| Total expenses | 6,304 | 4,780 | 4,906 | 4,106 | 3,373 | 2,665 | 2,170 |
| Employee cost | 296 | 329 | 274 | 265 | 218 | 191 | 170 |
| EBITDA | (308) | 726 | 888 | 665 | 726 | 752 | 592 |
| EBITDA margin | -5.1% | +13.2% | +15.3% | +13.9% | +17.7% | +22.0% | +21.4% |
| Depreciation | 276 | 263 | 242 | 232 | 170 | 154 | 135 |
| Interest | 307 | 384 | 379 | 261 | 283 | 278 | 265 |
| Profit before tax | (659) | 242 | 424 | 301 | 499 | 396 | 246 |
| Tax | 40.16 | 141 | 203 | 51.63 | 174 | 138 | 84.28 |
| Net profit | 763 | 102 | 207 | 250 | 325 | 284 | 162 |
| Net profit margin | +12.7% | +1.9% | +3.6% | +5.2% | +7.9% | +8.3% | +5.9% |
| EPS (₹) | (5.21) | 1.03 | 2.24 | 2.53 | 3.29 | 2.61 | 1.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1,341 | 2,884 | 2,734 | 2,596 | 986 | 986 | 986 |
| Reserves & surplus | 5,760 | 1,870 | 1,700 | 1,398 | 1,128 | 762 | 461 |
| Shareholders' funds (net worth) | 7,101 | 4,754 | 4,434 | 3,994 | 2,114 | 1,748 | 1,447 |
| Secured loans | 3,269 | 3,562 | 3,323 | 2,701 | 1,855 | 1,969 | 2,178 |
| Unsecured loans | 378 | 385 | 506 | 496 | 1,961 | 738 | 494 |
| Total debt | 3,647 | 3,947 | 3,830 | 3,196 | 3,816 | 2,708 | 2,672 |
| Total liabilities | 10,838 | 8,798 | 8,362 | 7,474 | 6,195 | 4,704 | 4,366 |
| Assets | |||||||
| Gross block | 8,761 | 6,879 | 6,123 | 5,254 | 3,974 | 3,725 | 2,930 |
| Net block | 7,100 | 5,484 | 4,984 | 4,344 | 3,292 | 3,206 | 2,930 |
| Capital work in progress | 939 | 927 | 634 | 756 | 422 | 239 | 453 |
| Investments | 1,014 | 1,104 | 1,092 | 988 | 1,005 | 840 | 666 |
| Inventories | 508 | 356 | 429 | 406 | 327 | 259 | 403 |
| Sundry debtors | 791 | 771 | 771 | 704 | 721 | 527 | 410 |
| Cash & bank balances | 496 | 114 | 290 | 50.04 | 457 | 71.10 | 73.96 |
| Loans & advances | 1,009 | 975 | 1,128 | 1,081 | 795 | 647 | 539 |
| Total current assets | 2,804 | 2,215 | 2,617 | 2,240 | 2,300 | 1,504 | 1,426 |
| Total current liabilities | 2,702 | 2,345 | 2,066 | 1,810 | 1,325 | 1,223 | 1,201 |
| Net working capital | 102 | (129) | 552 | 430 | 975 | 281 | 225 |
| Total assets | 10,838 | 8,798 | 8,362 | 7,474 | 6,195 | 4,704 | 4,366 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 56.08 | 93.89 | 47.95 | 134 | 60.78 | 73.96 | 23.25 |
| Net cash from operating activities | 1,037 | 785 | 1,089 | 785 | 271 | 743 | 842 |
| Net cash from investing activities | (1,476) | (538) | (844) | (1,455) | (1,142) | (468) | (662) |
| Net cash from financing activities | 826 | (285) | (199) | 584 | 944 | (286) | (130) |
| Net change in cash | 387 | (37.81) | 45.94 | (86.40) | 73.57 | (11.15) | 50.71 |
| Closing cash | 496 | 114 | 290 | 50.04 | 457 | 71.10 | 73.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.9% | -5.0% | +21.5% | +16.4% | +20.0% | +23.7% | - |
| EBITDA growth | -142.5% | -18.3% | +33.7% | -8.5% | -3.4% | +27.1% | - |
| PBT growth | - | -42.8% | +40.6% | -39.6% | +25.9% | +60.9% | +9997.0% |
| Net income growth | +651.4% | -51.0% | -17.1% | -22.9% | +14.1% | +75.8% | - |
| Revenue CAGR (3Y) | +7.9% | +10.3% | +19.3% | +20.0% | - | - | - |
| EBITDA CAGR (3Y) | - | -0.0% | +5.7% | +4.0% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | -11.7% | +1.9% | +3.8% | +5.2% | +7.9% | +7.6% | +5.9% |
| Return on capital employed | +11.7% | +7.3% | +10.1% | +8.2% | +14.3% | +15.8% | +12.4% |
| Return on net worth | +15.3% | +3.7% | +8.7% | +11.1% | +16.8% | +17.8% | +11.8% |
| Debt / equity | 0.64 | 0.85 | 0.83 | 1.15 | 1.69 | 1.68 | 1.90 |
| Long-term debt / equity | 0.48 | 0.54 | 0.54 | 0.94 | 1.29 | 1.16 | 1.50 |
| Interest cover | -52.54 | 83.09 | 58.73 | 60.46 | 50.84 | 46.46 | 58.12 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.77 | 0.85 | 1.02 | 1.03 | 1.06 | 1.03 | 0.94 |
| Inventory turnover | 13.88 | 14.03 | 13.88 | 13.01 | 13.99 | 10.32 | 8.40 |
| Debtors turnover | 7.68 | 7.14 | 7.86 | 6.70 | 6.57 | 7.29 | 6.88 |
| EPS (₹) | (5.21) | 1.03 | 2.24 | 2.53 | 3.29 | 2.61 | 1.64 |
| Dividend per share (₹) | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 52.95 | 28.96 | 27.24 | 24.17 | 21.43 | 17.72 | 14.67 |
Board of Directors of JSW Cement Limited
JSW Cement has 11 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parth Sajjan Jindal Also directs: Svamaan Financial Services Private Limited, JSW Sports Ventures Private Limited, JSW GMR Cricket Private Limited and 5 more | Managing Director | 28 Sep 2016 | 10 Years 0 Months | Current |
| Sumit Banerjee | Director | 28 Jul 2021 | 5 Years 2 Months | Current |
| Kantilal Narandas Patel Also directs: JSW Holdings Limited, JSW Port Logistics Private Limited, Svamaan Financial Services Private Limited and 5 more | Director | 29 Mar 2006 | 20 Years 6 Months | Current |
| Pankaj Kulkarni Rajabhau Also directs: JSW Holdings Limited, Ec Metals (India) Private Limited | Director | 02 Feb 2012 | 14 Years 8 Months | Current |
| Nilesh Narwekar | Whole-Time Director | 08 Aug 2017 | 9 Years 2 Months | Current |
| Narinder Singh Kahlon Also directs: Shiva Cement Ltd, Cemterra Enterprise Private Limited | Whole-Time Director | 08 May 2018 | 8 Years 5 Months | Current |
Peer Comparison of JSW Cement Limited
JSW Cement Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| The Ramco Cements Limited Listed | ₹8,559.57 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Rajapalayam, Tamil Nadu, India |
| Wonder Cement Limited | ₹7,533.73 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kishangarh, Rajasthan, India |
| Prism Johnson Limited Listed | ₹7,438.38 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Jaiprakash Associates Limited Listed | ₹6,781.79 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Uttar Pradesh, India |
| JSW Cement Limited this company | ₹6,512.46 Cr (FY 2026) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| JK Lakshmi Cement Limited Listed | ₹6,239.05 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Rajasthan, India |
| Rashmi Cement Limited | ₹5,464.75 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Jhargram, West Bengal, India |
| Chettinad Cement Corporation Private Limited | ₹5,204.41 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Rccpl Private Limited | ₹4,370.47 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| The India Cements Limited Listed | ₹4,357.31 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Chennai, Tamil Nadu, India |
| Nu Vista Limited | ₹3,788.73 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below JSW Cement by revenue in the Manufacturing industry (Cement and Cement Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of JSW Cement Limited
JSW Cement Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Shareholding Pattern of JSW Cement Limited
Shareholding for the quarter ended Sep 2026: promoters hold 72.00%, foreign institutional investors hold 3.70%, domestic institutional investors hold 11.50% and retail and other public shareholders hold 12.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 72.00% | 72.00% | 72.30% | 72.30% |
| Public | 28.00% | 28.00% | 27.70% | 27.70% |
Charges & Borrowings of JSW Cement Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 2025 | Others | ₹500 Cr | Open |
| 24 Mar 2025 | Others | ₹500 Cr | Open |
| 18 Feb 2025 | Others | ₹809.82 Cr | Open |
| 19 Sep 2024 | Others | ₹450 Cr | Open |
| 19 Sep 2024 | Others | ₹225.38 Cr | Open |
Total charge records: 56 View all charges
Deals & Funding of JSW Cement Limited
JSW Cement Limited has 29 deals on record (14 secondary share transfers, 7 funding rounds, 4 market trades), with disclosed funding of ₹2,031.41 Cr; the latest was in May 2026.
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹92.87 Cr | Buyer: Everbest Consultancy Services Private Limited Seller: Jsw Group Companies Equity Trust |
| Aug 2025 | IPO | ₹3,600 Cr | Investors: Sbi Life Insurance Company Limited , Societe Generale, Chartered Finance & Leasing Ltd. Seller: Synergy Metals Investments Holding Limited, AP Asia Opportunistic Holdings, State Bank of India |
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: JSW Group Companies Equity Trust, JSW Group Employees Trust Seller: Adarsh Advisory Services Private Limited |
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Adarsh Advisory Services Private Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Adarsh Advisory Services Private Limited |
Full deal history
All 29 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of JSW Cement Limited
JSW Cement Limited has 213 court cases on record: 147 filed by JSW Cement, 36 filed against it, 30 where it is another party. 101 cases are pending and 112 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 117 | 21 | 74 |
| High courts | 96 | 15 | 27 |
Cases on record (5 of 213)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against Thillai Nataraja Readymix Concrete Private Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Gepl Techmix LLP | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Ambuja Cements Limited | Pending |
| District court, Kurnool, Andhra Pradesh | Court case (AS) | Filed against the company by Associated Road Carriers Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Reliable Road Wings Pvt Ltd | Pending |
Full case history
All 213 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by JSW Cement Limited
JSW Cement Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 686 overdue payments to 212 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 212)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Techno Industries Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Kb9 Techno Solutions | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at JSW Cement Limited
JSW Cement Limited has a workforce of 1,470 employees as of Sep 26, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of JSW Cement Limited
JSW Cement has 3 subsidiary companies, 1 joint venture, and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Shiva Cement Ltd | L26942OR1985PLC001557 | - |
| Jsw Green Cement Private Limited | U26990TG2019PTC136901 | - |
| Utkarsh Transport Private Limited | U60221TG2018PTC124102 | - |
Showing major subsidiaries. Total: 3.
Recent Activity on JSW Cement Limited
JSW Cement Limited has 32 board changes on record since 2006: 11 appointments and 21 cessations. The latest: Preeti Reddy was appointed as Director on 27 Jul 2024.
142 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for JSW Cement Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of JSW Cement Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of JSW Cement Limited
JSW Cement has 23 GST registrations: 18 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ6731B1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AABCJ6731B2ZV | Maharashtra | Active | 21 Sep 2017 |
| 19AABCJ6731B1ZT | West Bengal | Active | 01 Jul 2017 |
| 21AABCJ6731B1Z8 | Odisha | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of JSW Cement Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about JSW Cement Limited
Frequently Asked Questions about JSW Cement Limited
JSW Cement is an active public limited company based in Mumbai, Maharashtra, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 29 March 2006 (20+ years old) and is registered under CIN L26957MH2006PLC160839. Listed on BSE: 544480 and NSE: JSWCEMENT.
JSW Cement reported revenue of ₹6,512.46 Cr for FY 2025-26 (up 12% YoY) based on consolidated financials.
JSW Cement has 11 current directors:
- Parth Sajjan Jindal - Managing Director
- Nilesh Narwekar - Whole-Time Director
- Narinder Singh Kahlon - Whole-Time Director
- Sumit Banerjee - Director
- Kantilal Narandas Patel - Director
- Pankaj Kulkarni Rajabhau - Director
- Akshaykumar Narendrasinhji Chudasama - Director
- Raghav Chandra - Director
- Aashish Ramdas Kamat - Director
- Preeti Reddy - Director
- Seshagiri Rao Metlapalli Venkata Satya - Director
The GSTIN of JSW Cement is 27AABCJ6731B1ZW, registered in Maharashtra. The company has 23 GST registrations in all, of which 18 are active and 5 are cancelled or inactive. Other active GSTINs include 27AABCJ6731B2ZV (Maharashtra), 19AABCJ6731B1ZT (West Bengal), 21AABCJ6731B1Z8 (Odisha).
The CIN (Corporate Identification Number) of JSW Cement is L26957MH2006PLC160839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. JSW Cement is listed on both BSE (code: 544480) and NSE (symbol: JSWCEMENT).
JSW Cement has 213 court cases on record: 147 filed by the company and 36 filed against it. 101 are pending. Most are in the district courts.
JSW Cement was incorporated on 29 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
JSW Cement has 29 deals on record (14 secondary share transfers, 7 funding rounds, 4 market trades), with disclosed funding of ₹2,031.41 Cr; the latest was in May 2026.
The peers of JSW Cement by revenue are The Ramco Cements Limited, Wonder Cement Limited, Prism Johnson Limited, Jaiprakash Associates Limited, JK Lakshmi Cement Limited and 5 more, all in the Manufacturing industry (Cement and Cement Products).
Preeti Reddy was appointed as Director on 27 Jul 2024. Raghav Chandra was appointed as Director on 21 May 2024. Aashish Ramdas Kamat was appointed as Director on 15 May 2024. JSW Cement has 32 board changes on record in total.
JSW Cement has 6 MSME Form 1 returns on record between 2019 and 2021, listing 686 overdue payments to 212 micro and small suppliers. The latest return was filed on 13 May 2021.