JSW Steel Limited — PPTs, 18-07-2025: Investor Presentation

**1. Financial Highlights:**

Q1 FY26 saw revenue at ₹43,147 Cr, Operating EBITDA ₹7,576 Cr, and Net Profit ₹2,209 Cr. Consolidated crude steel production rose 14% YoY (7.26mt), with sales up 9% YoY. Volumes slightly dipped QoQ due to planned maintenance.

**2. Strategic Initiatives & Growth Drivers:**

The company's FY26 guidance targets 30.5mt production. Major capex includes the Vijayanagar 5mtpa ramp-up and Dolvi Phase-III aiming for 15 MTPA by Sep 2027. A new CRNO project was approved, boosting Value-Added Products (VASP) focus.

**3. Business Developments:**

JSW One digital marketplace achieved Unicorn status, reporting Q1 GMV of ₹3,919 Cr (+54% YoY). JSW Steel's domestic sales grew 12% YoY, outpacing the Indian market, driven by record Auto sector sales.

**4. Market Position & Competitive Advantage:**

Maintained strong India capacity utilization. Robust domestic market penetration and a high VASP share (64%) reinforce its competitive edge. Strategic focus on sustainability (Net Neutral by 2050) and digitalization.

**5. Investor Implications:**

Solid Q1 results, driven by volume growth and strategic project execution, indicate positive growth potential. Ongoing expansions and digital platform success reinforce market leadership. Investors should monitor large project execution.