Stock market indices
Nifty 500
Market Cap
₹15,645 Cr
JSWCEMENT · NSE
Share Price
₹114.69
-0.05% today
Revenue
₹6,512 Cr
FY 2025-26 · +12.0% YoY
EBITDA
−₹264 Cr
Margin -4.1%
Net Profit
₹732 Cr
FY 2025-26 · +728.9% YoY
P/E (TTM)
20.0x
P/B 2.4x
ROE
15.5%
ROCE 10.9%
Debt / Equity
0.85
Interest cover -64.5x
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 236 cases involving the company, including 159 filed by the company and 77 filed against it; 112 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 4 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is Wonder Cement Limited with revenue of ₹7,533.73 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.
Company details
CIN L26957MH2006PLC160839
Registration Number 160839
Incorporation Date 29 March 2006
ROC Mumbai
Listing Status Listed (BSE: 544480, NSE: JSWCEMENT)
Company Status Active
Date of Last AGM 31 July 2026
Date of Balance Sheet 31 March 2026
Parent Company Adarsh Advisory Services Private Limited
Compliance Status Active Compliant
CIN history
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 |
Key People
Parth Sajjan Jindal Managing Director Nilesh Narwekar Whole-Time Director Narinder Singh Kahlon Whole-Time Director Recognitions & Rankings of JSW Cement
Contact details
JSW Cement Limited's registered office is in Mumbai, Maharashtra. Its website is jswcement.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJsw Centre Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of JSW Cement Limited, buy the company report.
Comprehensive company report
JSW Cement Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of JSW Cement Limited, buy the company report.
Financials of JSW Cement Limited
FY 2025-26 filings availableJSW Cement Limited reported revenue of ₹6,512.46 Cr (up 12% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹6,512 Cr
+12.0% YoY
EBITDA
−₹264 Cr
-142.9% YoY
Profit After Tax
₹732 Cr
+728.9% YoY
Net Worth
₹6,550 Cr
+54.1% YoY
Total Assets
₹11,100 Cr
+22.8% YoY
Total Debt
₹4,464 Cr
-4.3% YoY
Revenue 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
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| 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 |
To see the full year-wise statements and ratios of JSW Cement Limited, buy the company report.
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.
Current Directors
| 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 |
Showing 6 of 11 current directors. View all directors
Peer comparison
JSW Cement Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wonder Cement Limited | ₹7,533.73 Cr (FY 2025) | 5.0% | Kishangarh, Rajasthan, India | |||
| Prism Johnson Limited | ₹7,438.38 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| JSW Cement Limitedthis company | ₹6,512.46 Cr (FY 2026) | ₹732.36 Cr | 11.2% | 12.0% | 1,470 | Mumbai, Maharashtra, India |
| Rccpl Private Limited | ₹4,370.47 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Nu Vista Limited | ₹3,788.73 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of JSW Cement Limited, buy the company report.
Auditor
JSW Cement Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2025 | 117366W/W-100018 |
Shareholding
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
QUARTER
72.00% Promoters
11.50% DII (Domestic Institutional)
3.70% FII (Foreign Institutional)
12.80% Retail & Others
Promoter holding - history
Now 72.00% · Sep 2026High 72.30% · Dec 2025Low 72.00% · Jun 2026
Shareholding trend - last 6 quarters
| 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
Open charges
₹7,985.2 Cr
Satisfied charges
₹15,180 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2025 | 101105154 | Others | ₹500 Cr | Open | |
| 24 Mar 2025 | 101080195 | Others | ₹500 Cr | Open | |
| 18 Feb 2025 | 101058378 | Others | ₹809.82 Cr | Open | |
| 19 Sep 2024 | 100977508 | Others | ₹450 Cr | Open | |
| 19 Sep 2024 | 100978973 | Others | ₹225.38 Cr | Open |
To see the full charge records of JSW Cement Limited, buy the company report.
Total charge records: 56 View all charges
Deals & funding
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.
Total deals
29
Secondary share transfers
14
Funding rounds
7
Market trades
4
Acquisitions
2
Disclosed funding
₹2,031.41 Cr
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 |
To see the full deal history of JSW Cement Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JSW Cement Limited has 236 court cases on record: 159 filed by JSW Cement, 77 filed against it. 112 cases are pending and 124 are disposed.
Total cases
236
Filed by the company
159
Filed against the company
77
Pending
112
Disposed
124
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 134 | 31 | 85 |
| High courts | 97 | 43 | 27 |
| NCLT | 3 | 1 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 236)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Gepl Techmix LLP Through Partners | Pending |
| High Court of Rajasthan | Court case (SAW) | Filed by the company against MSTC Limited and 2 others | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Thillai Nataraja Readymix Concrete Pvt Ltd, Rep by B. Ramesh | Pending |
| Bombay High Court | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Limited and 1 other | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Ambuja Cements Limited | Pending |
To see the full case history of JSW Cement Limited, buy the company report.
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.
Credit ratings & regulatory alerts
JSW Cement Limited was last rated by Care on 26 Mar 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 26 Mar 2026 |
To see the full credit ratings and regulatory alerts of JSW Cement Limited, buy the company report.
MSME payment delays
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 |
To see the full MSME payment records of JSW Cement Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
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.
3
Subsidiary companies
1
Joint ventures
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Shiva Cement Ltd | L26942OR1985PLC001557 | |
| JSW Green Cement Private Limited | U26990TG2019PTC136901 | |
| Utkarsh Transport Private Limited | U60221TG2018PTC124102 |
To see the full group structure of JSW Cement Limited, buy the company report.
Employees & EPFO
JSW Cement Limited has a workforce of 1,470 employees on its EPFO records as of Sep 26, 2025, across 1 active EPFO establishment.
Employee count
1,470
Active EPFO establishments
1
Employee growth
4.93%
GST
JSW Cement has 23 GST registrations: 18 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
23
Active
18
Cancelled / inactive
5
| 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 |
To see the full GST registrations and return filing status of JSW Cement Limited, buy the company report.
Recent activity
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.
AGM
Jsw Cement Limited last Annual general meeting of members was held on 31 Jul 2026 as per latest MCA records.
Charges
A charge with Others of Rs. 500.00 Cr registered on 05 Jun 2025 with Charge ID 101105154 was modified on 15 Apr 2026.
Filing
Jsw Cement Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge registered on 24 May 2023 via Charge ID 100731089 with Others was fully satisfied on 22 Jan 2026.
Charges
A charge registered on 14 May 2018 via Charge ID 100182074 with Axis Bank Limited was fully satisfied on 13 Nov 2025.
Charges
A charge registered on 08 Mar 2022 via Charge ID 100543687 with Others was fully satisfied on 07 Nov 2025.
Charges
A charge with Others of Rs. 809.82 Cr registered on 18 Feb 2025 with Charge ID 101058378 was modified on 25 Sep 2025.
Charges
A charge registered on 08 Feb 2023 via Charge ID 100681430 with Indian Bank was fully satisfied on 15 Sep 2025.
Charges
A charge registered on 24 May 2023 via Charge ID 100730957 with Others was fully satisfied on 07 Aug 2025.
Charges
A charge with Others of Rs. 2,119.03 Cr registered on 13 Jun 2024 with Charge ID 100935781 was modified on 11 Jul 2025.
Charges
A charge registered on 22 Jun 2021 via Charge ID 100459276 with Others was fully satisfied on 06 Jun 2025.
Charges
A charge with Others amounted to Rs. 500.00 Cr with Charge ID 101105154 was registered on 05 Jun 2025.
142 earlier events are in the company report.
News
JSW Cement: Opens New 1 MTPA Grinding Facility In Nagaur, Rajasthan, Raising Total Grinding Capacity To 25.1 MTPA.
Frequently asked questions
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 latest financial statements of JSW Cement on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2026. Year-wise statements from 2015 are in the company report.
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 236 court cases on record: 159 filed by the company and 77 filed against it. 112 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 Wonder Cement Limited, Prism Johnson Limited, Rccpl Private Limited, Nu Vista Limited, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
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.