Revenue distribution by industry:

• Steel production: approx. 85%
• Energy generation: approx. 10%
• Infrastructure and logistics: approx. 5%

TOP 3 markets and their percentage shares:

• India: approx. 60%
• USA: approx. 20%
• Europe: approx. 15%

JSW Steel Limited generates the majority of its revenue from steel production, which is typical for a company in this industry. India remains the main market, supported by strong demand for steel in the domestic construction and automotive industries.

The USA and Europe are also significant markets, with demand being driven by infrastructure projects and the automotive sector. JSW Steel benefits from a diversified market presence, allowing the company to benefit from different economic developments in various regions.

Production sites of JSW Steel Limited:

1. Vijayanagar Works, Karnataka
2. Dolvi Works, Maharashtra
3. Salem Works, Tamil Nadu
4. Kalmeshwar Works, Maharashtra

JSW Steel Limited is one of the leading steel producers in India and operates several large production facilities in the country. The main production site is located in Vijayanagar, Karnataka, which is considered one of the largest integrated steel plants in India. Other significant plants are in Dolvi, Maharashtra, and Salem, Tamil Nadu. These strategically located sites allow JSW Steel to efficiently respond to demand in different regions and optimize logistics costs.

Capacity Expansion: 37 million tons by 2025
Investments: 10 billion USD over five years (2021-2025)

JSW Steel Limited is pursuing an aggressive growth strategy focusing on expanding production capacities. The company plans to increase its capacity to 37 million tons by 2025 to meet the rising demand and strengthen its market position.

A key component of the strategy is the investment of 10 billion USD over a period of five years, starting in 2021. These investments will go into the modernization of existing facilities, the expansion of new production sites, and the integration of more environmentally friendly technologies.

In addition, JSW Steel is emphasizing diversification and tapping into new markets, especially in Asia and Africa, to expand its global presence. Sustainability and innovation are also key areas of focus to remain competitive in the long term and reduce the ecological footprint.

Main raw materials: Iron ore, coal, limestone

Main importing countries:

• Coal: Australia, Indonesia, South Africa
• Iron ore: Brazil, Australia
• Limestone: United Arab Emirates

JSW Steel Limited imports a variety of raw materials essential for steel production. Coal is one of the most significant raw materials, mainly sourced from Australia, Indonesia, and South Africa. These countries are known for their high-quality coal reserves required for steel manufacturing.

Iron ore, another critical raw material, is primarily imported from Brazil and Australia. These countries are among the largest iron ore producers globally and offer high-quality ores crucial for the efficiency and quality of steel production.

Additionally, limestone, used for desulfurization and as a flux in steel production, is mainly imported from the United Arab Emirates. The strategic selection of these countries as suppliers enables JSW Steel to have a stable supply of the necessary raw materials for their production processes.

Market share in India: approx. 15% (2024) Production capacity: 28 million tons per year (2024) EBITDA margin: 20% (2024)

JSW Steel Limited has a significant competitive advantage in the Indian steel industry. With a market share of about 15%, the company is one of the leading steel producers in the country. The production capacity of 28 million tons per year enables JSW Steel to offer a wide range of steel products and to flexibly respond to market demands.

Another important aspect is the EBITDA margin of 20%, which indicates efficient production processes and cost management. This margin allows the company to remain profitable even in times of volatile raw material prices.

JSW Steel also benefits from strategic investments in technology and sustainability, positioning the company well to tackle future challenges and seize new market opportunities.

Institutional investor share: 45% (2025, estimated)
Insider purchases/sales: No significant transactions in the last quarter (2025, estimated)

The institutional investor share in JSW Steel Limited is estimated to be around 45%. This demonstrates the confidence of institutional investors in the company's long-term growth prospects.

No significant insider transactions were reported in the last quarter, indicating a stable internal assessment of the company's development. Such transactions are often seen as indicators of the company's future performance, and the absence of significant movements suggests a neutral to positive assessment by management.

Market share of JSW Steel Limited: 15% (estimated, 2025)

Top competitors and market shares:

1. Tata Steel Limited: 20%
2. JSW Steel Limited: 15%
3. Steel Authority of India Limited (SAIL): 12%
4. ArcelorMittal Nippon Steel India: 10%
5. Jindal Steel and Power Limited: 8%
6. Essar Steel: 7%
7. Bhushan Steel: 5%
8. Rashtriya Ispat Nigam Limited (RINL): 4%
9. Welspun Corp: 3%
10. Electrosteel Steels: 2%

Moat of JSW Steel Limited:

JSW Steel Limited has a significant moat due to its strong production capacity, strategic location advantages, and diversified product range. The company has heavily invested in technology and sustainable production methods in recent years, giving it an edge in efficiency and cost control.

Compared to Tata Steel, which holds the largest market share, JSW Steel has a smaller but still significant moat. Tata Steel benefits from an even broader global presence and a longer corporate history, leading to a stronger brand value.

Other competitors like ArcelorMittal Nippon Steel India and SAIL also have strong positions, but their moats are more characterized by specific market segments or government support.

Overall, JSW Steel has a solid, yet not insurmountable moat that can be strengthened through continuous innovation and strategic expansion.

Revenue growth: 10% (2024) EBITDA margin: 20% (2024) Debt ratio: 1.5 (2024)

JSW Steel Limited recorded a revenue growth of 10% in 2024, attributed to strong demand for steel products and successful expansions into new markets. The EBITDA margin of 20% indicates that the company operates efficiently and is able to generate solid profits from its revenues.

The debt ratio of 1.5 is moderate, showing that the company manages its debts well, which is important in the steel industry due to its capital-intensive nature.

In summary, JSW Steel could be an attractive investment opportunity due to its solid financial performance and strategic market positioning. However, potential investors should also consider external factors such as commodity prices and regulatory changes in the steel industry.

Dividend yield: 1.2% (2024)

JSW Steel Limited has regularly paid dividends in recent years, indicating a certain reliability in its payout policy. In 2024, the dividend yield was approximately 1.2%, which can be considered moderate compared to other companies in the steel industry.

The reliability of dividend payments depends on several factors, including the financial health of the company, steel prices, and the general economic situation. JSW Steel has demonstrated in the past its ability to pay dividends even in volatile market conditions, indicating a solid financial foundation.