JSW Steel Limited has informed the Exchange about Investor Presentation
JSWSTEEL · price
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JSW Steel reported strong Q4 FY26 results with revenue of ₹51,180 crore and net profit of ₹19,243 crore (including ₹18,051 crore exceptional gain from BPSL slump sale). Normalised net profit (excluding exceptionals) was ₹3,475 crore. The company achieved significant deleveraging with net debt falling from ₹76,563 crore to ₹53,870 crore, improving Net Debt/EBITDA from 3.34x to 1.81x and Net Debt/Equity from 0.94x to 0.51x. Consolidated steel sales reached a record 7.97mt in Q4 (up 6% YoY) and 29.63mt for FY26 (up 12%). The JSW JFE Steel JV was completed with JFE investing ₹7,875 crore first tranche, and a new 50:50 JV with POSCO was announced for a 6mtpa greenfield plant in Odisha by 2031. The board approved acquisition of BMM Ispat (0.9mtpa) and 5mtpa brownfield expansion at Vijayanagar.
The strong deleveraging and record sales volumes are positive for shareholders. The company declared dividend of ₹7.1 per share and raised credit ratings from domestic agencies. With clear growth targets of 50mtpa by FY31 and 62mtpa by FY32, investors may see upside potential despite near-term cost pressures from higher coking coal.