JSW Cement Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

JSW Cement Limited, a part of the JSW Group, is one of India's fastest-growing cement manufacturers with a significant presence in the South, West, and East regions of the country. The company specializes in producing eco-friendly cement and cementitious products, including Portland Slag Cement (PSC), Ground Granulated Blast Furnace Slag (GGBS), and Composite Cement. As of late 2025, the company operates with a total grinding capacity of 21.60 MTPA (Million Tonnes Per Annum) across seven manufacturing units and a clinker capacity of 6.44 MTPA across three units. It holds a dominant position as India’s single largest manufacturer of GGBS, a key component in durable and sustainable construction.

Key Points

• Key Facts:
  • Founded: Incorporated in FY2006.
  • Headquarters: Mumbai, Maharashtra.
  • Parent Company: Part of the JSW Group, led by the Sajjan Jindal Family Trust.
  • Stock Listing: Plans for an IPO were noted for FY2026 with a primary issue of ₹1,600 crore.
  • Major Products: Portland Slag Cement (PSC), Composite Cement, GGBS, and Concreel HD.
• Operations and Resources:
  • Facilities: Operates 7 grinding units and 3 clinker units. Notable locations include Dolvi (Maharashtra), Nandyal (Andhra Pradesh), Salboni (West Bengal), and Jajpur (Odisha).
  • Mines: Controls 12 limestone mines with estimated reserves of 1.2 billion MT.
  • Integration: Fully self-sufficient in clinker with backward integration. It utilizes slag through long-term contracts, primarily from JSW Steel.
• Market Significance and Ownership:
  • Market Position: JSW Cement is a leader in the green cement segment. It holds an 84% market share in the GGBS segment as of FY25.
  • Ownership: The company is a subsidiary of the JSW Group. It received a ₹1,600 crore private equity investment in FY2022 to fund its expansion.
• Business Model and Strengths:
  • The business model focuses on circular economy principles by utilizing industrial by-products like slag (from steel plants) and fly ash (from power plants) to produce "Green Cement."
  • Competitive Edge: It maintains a low clinker-to-cement ratio of 50.1%, significantly lower than the peer average of 66.4%. Its $CO_{2}$ emission intensity is 258 kg/ton, which is 52% lower than the industry peer group.
  • Synergies: Leverages the JSW Group ecosystem for raw materials (slag from JSW Steel), power, and logistics.
• Revenue and Financial Highlights (FY25):
  • Total Volume Sold: 12.64 MMT (Million Metric Tonnes).
  • Sales Growth: Achieved a volume CAGR of 16.73% between 2015 and 2025, compared to the industry average of 6.15%.
  • GGBS Contribution: GGBS accounted for 41% (5.18 MMT) of the total volume sold in FY25.
  • Green Products: Green cementitious products represented 77.4% of total sales volume.
• Sustainability and Innovation:
  • Environmental Goals: Target to further reduce carbon footprint and increase the use of renewable energy.
  • Innovation: 100% Blast Furnace (BF) Slag content in specific products to enhance the strength and durability of Ready-Mix Concrete (RMC).
• Strategic Initiatives and Outlook:
  • Capacity Expansion: Targeting significant growth with a planned entry into the North India market by FY2026.
  • Digital Presence: Integration with JSW One, the group’s B2B e-commerce platform, which has an annual GMV run rate exceeding ₹18,150 crore.
  • Distribution Network: Extensive reach with over 13,000 dealers and 6,000 direct customers, with a 52.9% trade share in cement.

References

1. Investor Presentation Feb 2026
2. Investor Presentation Nov 2025
3. Investor Presentation Nov 2025
4. Annual Report Apr 2025