JSW Steel Future Growth

Future criteria checks 3/6

JSW Steel is forecast to grow earnings and revenue by 24% and 9.2% per annum respectively. EPS is expected to grow by 23.6% per annum. Return on equity is forecast to be 18.2% in 3 years.

Key information

24.0%

Earnings growth rate

23.6%

EPS growth rate

Metals and Mining earnings growth	35.1%
Revenue growth rate	9.2%
Future return on equity	18.2%
Analyst coverage	Good
Last updated	22 Apr 2024

Recent future growth updates

JSW Steel Limited Just Recorded A 9.8% EPS Beat: Here's What Analysts Are Forecasting Next

Jan 28

Recent updates

JSW Steel Limited (NSE:JSWSTEEL) Doing What It Can To Lift Shares

May 04

Investors Could Be Concerned With JSW Steel's (NSE:JSWSTEEL) Returns On Capital

Apr 16

These 4 Measures Indicate That JSW Steel (NSE:JSWSTEEL) Is Using Debt Reasonably Well

Mar 29

Is JSW Steel Limited (NSE:JSWSTEEL) Expensive For A Reason? A Look At Its Intrinsic Value

Feb 27

JSW Steel Limited Just Recorded A 9.8% EPS Beat: Here's What Analysts Are Forecasting Next

Jan 28

JSW Steel (NSE:JSWSTEEL) Might Be Having Difficulty Using Its Capital Effectively

Dec 28

Does JSW Steel (NSE:JSWSTEEL) Have A Healthy Balance Sheet?

Nov 03

Does This Valuation Of JSW Steel Limited (NSE:JSWSTEEL) Imply Investors Are Overpaying?

Sep 28

Investors Could Be Concerned With JSW Steel's (NSE:JSWSTEEL) Returns On Capital

Sep 07

JSW Steel (NSE:JSWSTEEL) May Have Issues Allocating Its Capital

Mar 08

Is JSW Steel Limited (NSE:JSWSTEEL) Expensive For A Reason? A Look At Its Intrinsic Value

Feb 18

These 4 Measures Indicate That JSW Steel (NSE:JSWSTEEL) Is Using Debt Extensively

Jan 13

Investors Shouldn't Overlook JSW Steel's (NSE:JSWSTEEL) Impressive Returns On Capital

Jan 12

Is There An Opportunity With JSW Steel Limited's (NSE:JSWSTEEL) 26% Undervaluation?

Nov 21

If You Like EPS Growth Then Check Out JSW Steel (NSE:JSWSTEEL) Before It's Too Late

Nov 08

Here's Why JSW Steel (NSE:JSWSTEEL) Can Manage Its Debt Responsibly

Oct 26

The Trend Of High Returns At JSW Steel (NSE:JSWSTEEL) Has Us Very Interested

Sep 20

A Look At The Intrinsic Value Of JSW Steel Limited (NSE:JSWSTEEL)

Jul 28

Here's Why JSW Steel (NSE:JSWSTEEL) Can Manage Its Debt Responsibly

Jun 24

Rainbows and Unicorns: JSW Steel Limited (NSE:JSWSTEEL) Analysts Just Became A Lot More Optimistic

May 25

Earnings and Revenue Growth Forecasts

NSEI:JSWSTEEL - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	2,130,150	177,141	148,876	N/A	25
3/31/2025	1,922,355	147,123	88,675	N/A	26
3/31/2024	1,745,136	103,309	9,851	N/A	26
12/31/2023	1,756,990	111,770	N/A	N/A	N/A
9/30/2023	1,728,930	92,520	46,420	214,060	N/A
6/30/2023	1,700,870	56,440	N/A	N/A	N/A
3/31/2023	1,659,600	41,440	85,390	233,230	N/A
12/31/2022	1,658,930	37,140	N/A	N/A	N/A
9/30/2022	1,648,300	75,810	142,560	249,320	N/A
6/30/2022	1,555,550	155,990	N/A	N/A	N/A
3/31/2022	1,463,710	206,650	161,790	262,700	N/A
12/31/2021	1,264,100	216,290	N/A	N/A	N/A
9/30/2021	1,101,980	199,530	106,380	205,190	N/A
6/30/2021	969,590	143,760	N/A	N/A	N/A
3/31/2021	798,390	79,110	78,650	188,310	N/A
12/31/2020	705,450	39,440	N/A	N/A	N/A
9/30/2020	667,600	14,740	16,940	129,610	N/A
6/30/2020	648,300	24,410	N/A	N/A	N/A
3/31/2020	728,600	40,300	-250	127,850	N/A
12/31/2019	773,410	53,220	N/A	N/A	N/A
9/30/2019	796,040	67,350	54,860	163,800	N/A
6/30/2019	840,500	63,010	N/A	N/A	N/A
3/31/2019	847,570	76,390	44,270	146,330	N/A
12/31/2018	818,799	89,816	40,947	130,421	N/A
9/30/2018	799,630	92,410	N/A	N/A	N/A
6/30/2018	756,510	79,540	N/A	N/A	N/A
3/31/2018	719,330	62,140	76,430	123,790	N/A
12/31/2017	673,902	43,052	19,236	95,398	N/A
9/30/2017	621,856	32,091	N/A	N/A	N/A
6/30/2017	585,956	30,291	N/A	N/A	N/A
3/31/2017	556,040	35,230	N/A	78,880	N/A
12/31/2016	498,896	24,216	N/A	65,204	N/A
9/30/2016	445,307	9,825	N/A	N/A	N/A
6/30/2016	421,110	3,123	N/A	N/A	N/A
3/31/2016	415,462	-3,354	N/A	68,973	N/A
12/31/2015	442,231	-6,028	N/A	N/A	N/A
9/30/2015	483,057	3,679	N/A	N/A	N/A
6/30/2015	512,859	9,997	N/A	N/A	N/A
3/31/2015	529,715	17,630	N/A	78,757	N/A
12/31/2014	545,851	21,844	N/A	N/A	N/A
9/30/2014	551,140	23,216	N/A	35,544	N/A
6/30/2014	541,460	14,576	N/A	N/A	N/A
3/31/2014	512,196	4,193	N/A	25,935	N/A
12/31/2013	462,870	2,181	N/A	N/A	N/A
9/30/2013	420,869	-3,128	N/A	N/A	N/A
6/30/2013	384,488	4,003	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: JSWSTEEL's forecast earnings growth (24% per year) is above the savings rate (6.7%).

Earnings vs Market: JSWSTEEL's earnings (24% per year) are forecast to grow faster than the Indian market (17.5% per year).

High Growth Earnings: JSWSTEEL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JSWSTEEL's revenue (9.2% per year) is forecast to grow slower than the Indian market (10% per year).

High Growth Revenue: JSWSTEEL's revenue (9.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: JSWSTEEL's Return on Equity is forecast to be low in 3 years time (18.2%).

JSW Steel Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

JSW Steel Limited Just Recorded A 9.8% EPS Beat: Here's What Analysts Are Forecasting Next

Price target increased by 8.2% to ₹654

Price target decreased to ₹645

JSW Steel Limited Provides Production Guidance for the Fiscal Year 2023

Price target increased to ₹466

Price target increased to ₹430

Recent updates

JSW Steel Limited (NSE:JSWSTEEL) Doing What It Can To Lift Shares

Investors Could Be Concerned With JSW Steel's (NSE:JSWSTEEL) Returns On Capital

Now 20% overvalued after recent price rise

These 4 Measures Indicate That JSW Steel (NSE:JSWSTEEL) Is Using Debt Reasonably Well

JSW Steel Limited to Report Q4, 2024 Results on May 17, 2024

Is JSW Steel Limited (NSE:JSWSTEEL) Expensive For A Reason? A Look At Its Intrinsic Value

JSW Steel Reportedly in Talks for $1 Billion Stake in Australia's Blackwater Coal Mine

JSW Steel Limited Just Recorded A 9.8% EPS Beat: Here's What Analysts Are Forecasting Next

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

JSW Steel Limited Announces Change in Directorate

JSW Steel (NSE:JSWSTEEL) Might Be Having Difficulty Using Its Capital Effectively

JSW Steel Limited to Report Q3, 2024 Results on Jan 25, 2024

Does JSW Steel (NSE:JSWSTEEL) Have A Healthy Balance Sheet?

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Does This Valuation Of JSW Steel Limited (NSE:JSWSTEEL) Imply Investors Are Overpaying?

JSW Steel Limited to Report Q2, 2024 Results on Oct 20, 2023

JSW Steel Reportedly Slows Stake Buy in Teck's Coal Unit Amid India-Canada Diplomatic Row

Investors Could Be Concerned With JSW Steel's (NSE:JSWSTEEL) Returns On Capital

JSW Steel Reportedly May Pick Majority Stake in Teck Coal Unit

JSW Steel Limited Announces Cessation of Punita Kumar Sinha as Independent Director

JSW Steel Limited Announces Appointment of Mr. Swayam Saurabh as Chief Financial Officer, Designate

JSW Steel Reportedly Considering Bid for Stake in Teck Coal Unit

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

JSW Steel Limited, Annual General Meeting, Jul 28, 2023

JSW Steel Limited to Report Q1, 2024 Results on Jul 21, 2023

JSW Steel to Acquire National Steel and Agro

JSW Steel Limited Announces Change in Directorate

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

JSW Steel Limited Announces Change in Directorate

JSW Steel (NSE:JSWSTEEL) May Have Issues Allocating Its Capital

Is JSW Steel Limited (NSE:JSWSTEEL) Expensive For A Reason? A Look At Its Intrinsic Value

Price target increased by 8.2% to ₹654

Third quarter 2023 earnings: EPS misses analyst expectations

These 4 Measures Indicate That JSW Steel (NSE:JSWSTEEL) Is Using Debt Extensively

JSW Steel Limited to Report Q3, 2023 Results on Jan 20, 2023

Government Reportedly Plans to Invite Expressions of Interest for the Divestment of Rashtriya Ispat Nigam

JSW Steel (NSE:JSWSTEEL) Hasn't Managed To Accelerate Its Returns

Insufficient new directors

A Look At The Intrinsic Value Of JSW Steel Limited (NSE:JSWSTEEL)

JSW Steel Limited Announces Board Appointments

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

JSW Steel Entity Reportedly to Buy National Steel & Agro

JSW Steel (NSE:JSWSTEEL) Has A Somewhat Strained Balance Sheet

JSW Steel Limited to Report First Half, 2023 Results on Oct 21, 2022

Is Now The Time To Put JSW Steel (NSE:JSWSTEEL) On Your Watchlist?

Diego Calvo SpA entered into an agreement to acquire Santa Fe Mining from JSW Steel Limited (BSE:500228) for $0.0007 million.

Returns On Capital Are Showing Encouraging Signs At JSW Steel (NSE:JSWSTEEL)

JSW Steel to Exit Italy Partially, Plans to Retain Rail Mill

JSW Steel Limited to Report Q1, 2023 Results on Jul 22, 2022

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

JSW Steel (NSE:JSWSTEEL) Has A Pretty Healthy Balance Sheet

JSW Steel (NSE:JSWSTEEL) Is Paying Out A Larger Dividend Than Last Year

JSW Steel Limited, Annual General Meeting, Jul 20, 2022

Now 21% undervalued after recent price drop

Calculating The Fair Value Of JSW Steel Limited (NSE:JSWSTEEL)

JSW Steel (NSE:JSWSTEEL) Will Pay A Larger Dividend Than Last Year At ₹17.35

JSW Steel Limited Appoints Fiona Paulus as Non-Executive Director

Price target decreased to ₹645

With EPS Growth And More, JSW Steel (NSE:JSWSTEEL) Is Interesting

JSW Steel Limited Provides Production Guidance for the Fiscal Year 2023

JSW Steel Limited Recommends Final Dividend for the Year Ended 31 March 2022

Investor sentiment deteriorated over the past week

JSW Steel Reportedly to Put Italy Plant on the Block

JSW Steel Limited to Report Q4, 2022 Results on May 27, 2022

JSW Steel Limited Announces Management Changes

We Think JSW Steel (NSE:JSWSTEEL) Might Have The DNA Of A Multi-Bagger

Insufficient new directors

JSW Steel Denies Rumors to Acquire Pawan Hans

India Reportedly to Finalize Pawan Hans Sale Saturday, JSW Among Bidders