JSW Group's investment holding company, holding equity stakes in JSW Steel, JSW Energy and other group companies.
JSW Group's investment holding company, holding equity stakes in JSW Steel, JSW Energy and other group companies.
Income is mainly dividends and gains on its stakes in group companies, so earnings depend on what JSW Steel and JSW Energy pay out, and it is valued largely by the worth of those holdings less a holding-company discount.
Moat: none. Value derives entirely from its listed JSW Group holdings, not an independent operating moat.
Headquarters: Mumbai, India · Founded: 1994 · Employees: 3
Size JSW (JSWHL.NS) is an India Financials company (Investment Banks/Brokers) with a market value of $1.29B, the 521st largest of 1,058 India companies the cockpit tracks. Shares closed at ₹10,954 on 6 Nov 2026.
Performance Over six months the shares fell 15.7%, against -7.8% for the median peer and 0.0% for the India market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 55.1% over the last twelve months (peer median +15.0%); the operating margin is 94.3% (peer median 28.2%).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹2.67B | ₹1.79B | ₹2.48B | ₹1.70B | ₹4.07B |
| Revenue growth | — | -28% | +46% | -58% | — |
| Gross profit | ₹2.65B | ₹1.79B | ₹2.48B | ₹1.69B | ₹4.07B |
| EBITDA | ₹2.52B | ₹1.67B | ₹2.36B | ₹1.59B | ₹4.02B |
| Net income | ₹2.01B | ₹1.47B | ₹1.96B | ₹1.56B | ₹3.31B |
| Free cash flow | n/a | ₹1.40B | ₹1.69B | ₹1.15B | ₹2.98B |
| Capital expenditure | n/a | ₹186,000 | ₹0 | ₹0 | ₹0 |
| Total debt | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| JSW JSWHL.NS | $1.29B | -16% | +55% | 94% | n/a | n/a |
| Bajaj Holdings & Investment BAJAJHLDNG.NS | $13.0B | +4% | -14% | 80% | n/a | n/a |
| Tata Investment TATAINVEST.NS | $3.06B | -22% | +18% | 89% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | JSWHL.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.8% | -6.8% | 9th highest of 21 |
| 6-month return | -15.7% | -7.8% | 10th lowest of 21 |
| Distance from 52-week high | -51.9% | -25.3% | 4th lowest of 21 |
| Revenue growth (TTM) | +55.1% | +15.0% | 5th highest of 21 |
| Operating margin | 94.3% | 28.2% | highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| JSW JSWHL.NS | India | $1.29B | -16% | +55% | 94% | n/a | n/a | n/a |
| Bright Smart Securities & Commodities 1428.HK | Hong Kong | $1.28B | -51% | -2% | 67% | n/a | n/a | n/a |
| Nihon M&A Center 2127.T | Japan | $1.28B | -7% | +5% | 36% | n/a | n/a | n/a |
| Edelweiss Financial Services EDELWEISS.NS | India | $1.28B | +6% | +16% | 11% | n/a | n/a | n/a |
| Okasan Securities 8609.T | Japan | $1.33B | +5% | +36% | 29% | n/a | n/a | n/a |
| Ruida Futures 002961.SZ | China | $1.22B | -21% | -51% | 82% | n/a | n/a | n/a |
| OSL 0863.HK | Hong Kong | $1.19B | -20% | +12,274% | -2% | n/a | n/a | n/a |
| IIFL Capital Services IIFLCAPS.NS | India | $1.17B | 0% | +8% | 25% | n/a | n/a | n/a |
| Tokai Tokyo Financial 8616.T | Japan | $1.14B | +2% | +16% | 18% | n/a | n/a | n/a |
| JM Financial JMFINANCIL.NS | India | $1.13B | -22% | +1% | 32% | n/a | n/a | n/a |
| Flow Traders FLOW.AS | Netherlands | $1.13B | -20% | -4% | 43% | n/a | n/a | n/a |
| AMTD IDEA Group Sponsored ADR AMTD | United States | $1.50B | -52% | +14% | 27% | n/a | n/a | n/a |
| Gold.com GOLD | United States | $1.09B | -17% | +132% | 1% | n/a | n/a | n/a |
| Canaccord Genuity CF.TO | Canada | $1.08B | +17% | +32% | 12% | n/a | n/a | n/a |
| Yuanta Futures 6023.TWO | Taiwan | $1.07B | -9% | +10% | -22% | n/a | n/a | n/a |
| Gielda Papierow Wartosciowych w Warszawie GPW.WA | Poland | $1.04B | +19% | +22% | 34% | n/a | n/a | n/a |
| Indian Energy Exchange IEX.NS | India | $1.03B | -18% | +13% | 80% | n/a | n/a | n/a |
| Matsui Securities 8628.T | Japan | $1.61B | +7% | +47% | 47% | n/a | n/a | n/a |
| GoFintech Quantum Innovation 0290.HK | Hong Kong | $1.62B | -82% | +108% | 26% | n/a | n/a | n/a |
| Japan Securities Finance 8511.T | Japan | $1.02B | -6% | +73% | 82% | n/a | n/a | n/a |
| TOP Financial TOP | United States | $1.64B | +93% | -41% | -14% | n/a | n/a | n/a |