JSW Cement Key Ratios
NSE: JSWCEMENT | BSE: 544480
₹121.97
As on 03-Nov-2026IST
Market cap
₹16,654 Cr
Revenue (TTM)
₹7,325 Cr
P/E Ratio
21.9
P/B Ratio
2.4
Div. Yield
0.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 0.83 | 33.12 | 19.33 | 3.72 | 11.02 |
| EBIT | -11.45 | -5.31 | 30.58 | 43.87 | 7.36 |
| Net Profit | -46.87 | -1.25 | 256.17 | -297.28 | -226.17 |
| EPS | -46.96 | -2.58 | 142.01 | -259.68 | -216.54 |
| Book Value | -- | -- | 115.25 | 28.89 | 21.56 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 11.62 | 9.65 | 11.80 | 14.10 | 6.94 |
| Net Margin
| -1.90 | -1.44 | 8.90 | -11.98 | -2.77 |
| Return on equity
| -0.51 | -1.21 | 11.92 | -18.48 | -7.16 |
| Return on Capital
| 4.89 | 5.39 | -- | -4.21 | 4.83 |
| Return on Assets
| -0.79 | -0.59 | 4.60 | -6.08 | -1.42 |
| Debt to Equity (x)
| -- | -- | 0.48 | 0.63 | 2.80 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
--
|
-4.21
|
4.83
|
8.23
|
6.02
|
|
Peer Median
|
--
|
10.81
|
13.42
|
--
|
--
|
ROE
11.92
Higher than Peers by 5.40
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
11.92
|
-18.48
|
-7.16
|
2.71
|
4.84
|
|
Peer Median
|
6.52
|
9.84
|
11.48
|
--
|
--
|
ROA
4.60
Higher than Peers by 0.84
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
4.60
|
-6.08
|
-1.42
|
0.58
|
1.08
|
|
Peer Median
|
3.76
|
5.12
|
4.41
|
--
|
--
|
EBIT Margin
11.80
Higher than Peers by 3.60
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
11.80
|
14.10
|
6.94
|
10.86
|
5.28
|
|
Peer Median
|
8.20
|
7.98
|
7.35
|
--
|
--
|
Net Margin
8.90
Higher than Peers by 3.14
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
8.90
|
-11.98
|
-2.77
|
1.01
|
1.74
|
|
Peer Median
|
5.77
|
7.13
|
6.22
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
--
|
-6.55
|
2.25
|
5.15
|
7.61
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
19.33
Higher than Peers by 13.39
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
19.33
|
12.03
|
-3.57
|
3.28
|
25.02
|
|
Peer Median
|
5.94
|
7.64
|
-4.04
|
--
|
--
|
EBIT Growth
30.58
Higher than Peers by 14.32
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
30.58
|
127.58
|
-38.38
|
112.34
|
-40.45
|
|
Peer Median
|
16.26
|
-3.91
|
-29.24
|
--
|
--
|
Net Profit Growth
256.17
Higher than Peers by 241.16
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
256.17
|
-387.77
|
-364.07
|
-40.39
|
-55.28
|
|
Peer Median
|
15.01
|
11.48
|
-30.83
|
--
|
--
|
EPS Growth
142.01
Higher than Peers by 126.94
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
142.01
|
-387.54
|
-227.03
|
-34.26
|
-44.07
|
|
Peer Median
|
15.06
|
9.59
|
-34.21
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
--
|
192.69
|
-7.19
|
7.19
|
6.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.48
Higher than Peers by 0.28
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
0.48
|
0.63
|
2.80
|
2.46
|
2.45
|
|
Peer Median
|
0.19
|
0.43
|
0.48
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
--
|
0.02
|
0.12
|
0.22
|
0.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.62
Lower than Peers by 0.40
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
0.62
|
0.72
|
0.65
|
0.68
|
0.85
|
|
Peer Median
|
1.02
|
1.00
|
1.07
|
--
|
--
|
Quick Ratio
0.45
Lower than Peers by 0.22
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
0.45
|
0.57
|
0.53
|
0.55
|
0.69
|
|
Peer Median
|
0.67
|
0.76
|
0.75
|
--
|
--
|
Interest Coverage
2.64
Lower than Peers by 1.16
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
2.64
|
-1.07
|
0.90
|
1.52
|
1.40
|
|
Peer Median
|
3.80
|
3.96
|
3.68
|
--
|
--
|
Operating Efficiency
Debtors to sales
12.14
Higher than Peers by 5.87
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
12.14
|
13.11
|
13.45
|
12.99
|
12.18
|
|
Peer Median
|
6.27
|
6.33
|
6.37
|
--
|
--
|
Asset Turnover
0.50
Lower than Peers by 0.18
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
0.50
|
0.55
|
0.56
|
0.62
|
0.65
|
|
Peer Median
|
0.69
|
0.72
|
0.66
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
--
|
41.00
|
43.89
|
41.26
|
43.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
--
|
25.83
|
25.35
|
25.52
|
26.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
--
|
203.40
|
212.52
|
225.31
|
199.94
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
--
|
-136.56
|
-143.28
|
-158.53
|
-130.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
21.93
Lower than Peers by 7.26
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
21.93
|
--
|
--
|
--
|
--
|
|
Peer Median
|
29.19
|
27.64
|
53.29
|
--
|
--
|
Price / Book Value
2.45
Higher than Peers by 0.95
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
2.45
|
2.30
|
--
|
--
|
--
|
|
Peer Median
|
1.49
|
1.72
|
2.57
|
--
|
--
|
Dividend Yield
0.41
Lower than Peers by 0.02
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
0.41
|
0.45
|
--
|
--
|
--
|
|
Peer Median
|
0.43
|
0.42
|
0.24
|
--
|
--
|
EV/EBITDA
14.67
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
14.67
|
13.19
|
8.62
|
6.38
|
7.68
|
|
Peer Median
|
--
|
19.37
|
22.85
|
--
|
--
|
Market Cap
16,654
Higher than Peers by 4,544
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
JSW Cement
|
16,654
|
14,787
|
--
|
--
|
--
|
|
Peer Median
|
12,109
|
10,975
|
10,274
|
--
|
--
|