JSW Holdings Limited (JSWHL) AI Stock Analysis

JSW Holdings Limited

(NSE:JSWHL)

Select Model

Rating:71.3Outperform

Price Target:INR 12,852.00▲(18.26% Upside)

Action:upgraded

Date:08/29/26

The overall score reflects a financially robust, low-leverage profile with strong profitability and cash generation as the key strength, offset by volatile revenue and earnings trends and a stretched valuation, while technical indicators point to a neutral to mildly weak trend rather than clear upward momentum.

Positive Factors

Conservative Balance SheetMinimal leverage reduces interest and refinancing risk while preserving financial flexibility. For an investment holding company, this supports the ability to retain strategic investments, fund new opportunities and withstand volatility in portfolio values.

Negative Factors

Volatile Revenue and EarningsBecause earnings depend on dividends, interest, investment gains and portfolio valuations, results can fluctuate substantially between periods. Repeated revenue and income declines make long-term earnings durability less predictable despite strong reported margins.

JSW Holdings Limited (JSWHL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 126.99B
Dividend Yield: ―
Average Volume (3M): 5,449
Price to Earnings (P/E): 60.2
Beta (1Y): 1.06
Revenue Growth: 55.13%
EPS Growth: 61.38%
Country: India
Employees: 3
Sector: General
Sector Strength: 55
Industry: Investment - Banking & Investment Services

JSW Holdings Limited Business Overview & Revenue Model

Company Description

JSW Holdings Limited functions as a non-banking financial enterprise, primarily dedicated to investment and financing operations. The company strategically allocates capital into both equity shares and diverse corporate entities. Established in 2001,...

How the Company Makes Money

JSW Holdings Limited makes money primarily through income and gains generated from its investment portfolio rather than from sales of goods or operating services. Key earnings drivers typically include: (1) Dividend income received from shares it hol...

JSW Holdings Limited Financial Statement Overview

Summary

Strong profitability, almost debt-free balance sheet, and solid cash generation provide a conservative, low-risk financial profile, though revenue, earnings, and cash flow show notable volatility and only moderate returns on equity.

Income Statement

74Positive

Balance Sheet

88Very Positive

Cash Flow

81Very Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	1.84B	1.79B	2.48B	1.70B	4.07B	1.86B
Gross Profit	1.82B	1.78B	2.47B	1.69B	4.06B	1.86B
EBITDA	1.72B	1.65B	2.34B	1.57B	4.01B	1.80B
Net Income	1.37B	1.47B	1.96B	1.56B	3.31B	1.52B
Balance Sheet
Total Assets	0	372.03B	352.65B	292.51B	220.39B	227.56B
Cash, Cash Equivalents and Short-Term Investments	25.87M	25.87M	34.14M	40.81M	11.44M	3.21M
Total Debt	0	0	0	0	26.82M	26.55M
Total Liabilities	-330.11B	41.91B	39.55B	38.16B	26.29B	28.02B
Stockholders Equity	330.11B	330.11B	313.10B	254.35B	194.10B	199.54B
Cash Flow
Free Cash Flow	795.08M	1.40B	1.69B	1.15B	2.98B	0
Operating Cash Flow	795.20M	1.40B	1.69B	1.15B	2.98B	1.30B
Investing Cash Flow	-822.28M	-1.40B	-1.70B	-1.12B	-2.98B	-1.31B
Financing Cash Flow	0	-8.71M	0	0	0	0

JSW Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:JSWHL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:JSWHL	71Outperform	INR 120.63B	60.16	―	―	55.13%	61.38%
IN:3MINDIA	60Neutral	INR 326.56B	56.53	―	0.55%	15.71%	16.33%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:BEML	55Neutral	INR 165.53B	92.80	―	0.86%	12.78%	-40.29%
IN:CARBORUNIV	49Neutral	INR 196.48B	93.53	―	0.39%	10.14%	-13.46%
IN:GODREJIND	40Underperform	INR 304.92B	25.93	―	―	16.89%	16.60%
IN:MMTC	31Underperform	INR 75.61B	16.93	―	―	-19.71%	355.54%

* General Sector Average

Performance Comparison

IN:JSWHL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:JSWHL	JSW Holdings Limited	10867.95	-6056.25	-35.78%
IN:3MINDIA	3M India Limited	28988.30	-1255.67	-4.15%
IN:BEML	BEML Limited	1987.40	-177.67	-8.21%
IN:CARBORUNIV	Carborundum Universal Limited	1031.35	125.63	13.87%
IN:GODREJIND	Godrej Industries Limited	905.20	-223.70	-19.82%
IN:MMTC	MMTC Limited	50.41	-17.62	-25.90%

JSW Holdings Limited Corporate Events

JSW Holdings Publishes FY26 Audited Results Extract in Newspapers

May 29, 2026

JSW Holdings Limited has notified the stock exchanges that it has published an extract of its audited standalone and consolidated financial results for the quarter and financial year ended 31 March 2026 in two newspapers, Financial Express and Mumbai...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 29, 2026

JSW Holdings Limited AI Stock Analysis