JSW Steel Limited — PPTs, 23-01-2026: Investor Presentation

JSW Steel delivered solid Q3 FY26 results. Consolidated crude steel production rose 6% YoY to 7.48mt, with sales jumping 14% YoY to 7.64mt, fueled by strong domestic demand (+10%). Revenue reached ₹45,991 Cr, and Net Profit hit ₹2,410 Cr, translating to a diluted EPS of 8.75. The company maintained a healthy balance sheet with Net Debt/Equity at 0.92x and Net Debt/EBITDA at 2.91x.

Strategic moves include a new 50:50 JV with JFE Steel for BPSL, involving a ₹15,750 Cr investment from JFE and ~₹37,000 Cr deleveraging for JSW. This JV aims to expand BPSL to 10mtpa. The 5mtpa JVML-Vijayanagar plant is fully ramped, and a new 5mtpa integrated steel plant at JSW Utkal Steel (Odisha) is announced. Digitalization via JSW Vision.AI is also boosting operational efficiency.

Management projects a robust growth path to 50mtpa India capacity by FY31, affirming FY26 production guidance of 30.5mt and sales of 29.2mt, driven by ongoing expansions and a focus on value-added products.