ftInvstr
JSWHL · Industrials ₹11540.0 -3.83% Mkt Cap ₹12789 Cr

JSWHL

Industrials Conglomerates
₹11540.0
-3.83% today · 30d -3.86%
as of 2026-09-04
Price · Daily Candles
“JSW Holdings: A conglomerate's profit soars 131% as FIIs reduce stake amid a 49% stock retreat.”
JSW Holdings, a holding company in the Industrials sector, witnessed a significant 131.3% YoY net profit surge to ₹32 Cr in Q4 2025, even as its revenue grew a more modest 11.79%. Despite this robust profit growth, the stock has seen a 49.49% decline from its 52-week high, with FIIs paring their stake by 0.24% QoQ to 22.65%.
BULL CASE
+Net profit recorded a substantial 131.3% YoY increase to ₹32 Cr in the quarter ending 2025-12-31.
+Annual revenue for 2025 increased by 46.31% YoY to ₹248 Cr, demonstrating strong top-line growth.
+The 5-year revenue CAGR stands at 15.44%, indicating consistent long-term growth.
+Operating profit margin (OPM) is high at 89.02% for the last quarter, with a rise of 0.22% YoY.
+The company's strong profitability is reflected in a profit margin of 76.74%.
BEAR CASE
The stock has plummeted 49.49% from its 52-week high of ₹24750.0, closing at ₹12500.0.
FII shareholding decreased by 0.24% QoQ to 22.65% for the quarter ending 2026-03-31.
The Return on Capital Employed (ROCE) is low at 1.0%, significantly below peers like SRF (17.72%) and TIINDIA (20.8%).
The TTM P/E ratio of 96.76 is high, particularly when compared to its low ROCE.
ML predictions for 1-year FCF growth show 'weak' ranks, with a stable 7-year rank of 0.311.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹35 Cr
+14.99% YoY
NET PROFIT
₹25 Cr
-27.43% YoY
OPM
83.66%
-3.94pp YoY
EPS
₹22.11
PE 96.76
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-5.8%, h2=+5.0%, h3=-15.1% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
JSW Holdings' high P/E of 96.76 and low ROCE of 1.0% starkly contrast with peers like SRF (P/E 44.41, ROCE 17.72%) and TIINDIA (P/E 92.37, ROCE 20.8%), suggesting a premium valuation for its conglomerate structure despite lower capital efficiency.
PEERPEROCE %
JSWHL96.761.0
SRF44.4117.72
TIINDIA92.3720.8
THERMAX69.3518.2
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒

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36
SCORE / 100
Overall
6-axis composite of the sections below.
Performance UNDERPERFORMER 5
Valuation STRETCHED 20
Growth DECLINING 21
Profitability DECENT 65
Technicals NEUTRAL 57
Risk MODERATE 50
Key Stats
TTM PE
96.76
P/B
0.44
52W HIGH
₹22790.0
OFF HIGH
-49.36%
MKT CAP
₹12789 Cr
◉ Active Signals
MACDBullish13.0318
RSI(14)Neutral48.58
Near 52W LowBearish9.59
⧉ Strategy Fit 🔒

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