• JSW Steel reported a net income of 13 billion rupees for Q4, a decrease of 64% from a year ago, missing the estimated 16.61 billion rupees.
• Revenue amounted to 462.7 billion rupees, showing a 1.5% decrease year-on-year, albeit higher than the anticipated 446.76 billion rupees.
• Total costs rose by 2.8% from last year to 444 billion rupees.
• Operating EBITDA came in at 61.2 billion rupees, just slightly below the projected 61.55 billion rupees.
• The company declared a dividend of 7.30 rupees per share.
• JSW Steel intends to acquire Mdr, a company owning a coal mine in Mozambique.
• For FY25, the company projects its consolidated crude steel production at 28.4 million tons, and saleable steel sales at 27 million tons.
• JSW Steel shares rose by 2.4% to 907.45 rupees, with 4.63 million shares traded.
• The company’s shares received 13 buy ratings, 9 hold ratings, and 8 sell ratings.
JSW Steel Ltd on Smartkarma
Analyst coverage of JSW Steel Ltd on Smartkarma has been provided by Leonard Law, CFA. In his report titled “Morning Views Asia: JSW Steel Ltd,” Law presents a bearish outlook on the company. Lucror Analytics Morning Views include fundamental credit analysis, opinions, and trade recommendations on high yield issuers. The report focuses on key company-specific developments in the past 24 hours, along with market commentary, key indicators, and a macroeconomic and corporate event calendar.
For more detailed insights and analysis on JSW Steel Ltd, readers can refer to the research report by Leonard Law, CFA on Smartkarma. The independent analysis offers valuable perspectives on the company’s performance and prospects in the market, aiding investors in making informed decisions regarding their investment strategies.
A look at JSW Steel Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
JSW Steel Ltd, an integrated steel producer operating in various regions of India, has received varying Smart Scores across different criteria. With a decent Value and Dividend score of 3, the company appears to be moderately strong on these fronts. In terms of Growth, JSW Steel Ltd has a score of 4, indicating potential for expansion and development in the long term. However, the Resilience score of 2 suggests a lower ability to withstand economic volatility. The Momentum score of 3 highlights a steady pace in the company’s performance.
JSW Steel Ltd, a prominent player in the steel industry, has a mixed outlook based on the Smartkarma Smart Scores. While the company shows promise in terms of growth opportunities and overall value, there are concerns regarding its resilience to market fluctuations. Investors may find JSW Steel Ltd an interesting prospect for potential growth, but should also consider the inherent risks associated with its lower resilience score.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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