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JSW CEMENT LIMITED

Active
Updated: 19 Sep 2025

The company manufactures and markets cement.

Jsw Cement Limited, is an unlisted public company incorporated on 29 March, 2006. It is classified as a public limited company and is located in , Maharashtra. It's authorized share capital is INR 3,500.00 cr and the total paid-up capital is INR 1,363.36 cr.

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Subscription Plans
Industry and products
Manufacturing (Metals & Chemicals and their products)
  • cements and aggregates
Company size
Auth Capital
₹ 3,500.0 Cr
Paidup Capital
₹ 1,363.4 Cr
Revenue
₹ >5000 cr
# Key metrics of Jsw Cement Limited - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 3,500.0 Cr | | | Paidup Capital | ₹ 1,363.4 Cr | | | Revenue | ₹ >5000 cr | | | Total Revenue | ₹5,951.9 | 21.32% | | EBITDA | ₹888.5 | 33.61% | | Net Profit | ₹220.9 | 6.75% | | Networth | ₹2,686.5 | 14.73% | | Borrowings | ₹5,170.5 | 7.58% | | Assets | ₹10,828.4 | 13.91% | | Gross Margin | 75.7% | -0.38 | | Operating Margin | 15.3% | 1.39 | | Net Profit Margin | 3.7% | -0.51 | | Return on Equity | 8.2% | -0.62 | | ROCE | 13.4% | 3.25 | | Debt to Equity | 1.9 | -0.13 |
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
21.32%
₹ 5,951.9
EBITDA
33.61%
₹ 888.5
Net Profit
6.75%
₹ 220.9
Networth
14.73%
₹ 2,686.5
Borrowings
7.58%
₹ 5,170.5
Assets
13.91%
₹ 10,828.4
Gross Margin
-0.38
75.7 %
Operating Margin
1.39
15.3 %
Net Profit Margin
-0.51
3.7 %
Return on Equity
-0.62
8.2 %
ROCE
3.25
13.4 %
Debt to Equity
-0.13
1.9
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (142)
State Type Address

location icon Locations on Map

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People

Designation Name DIN/PAN Tenure
Managing Director Parth Sajjan Jindal
Shareholder
06404506 9 years
Director Sumit Banerjee 00213826 4 years
Director Sutapa Banerjee 02844650 9 years
Director Kantilal Narandas Patel 00019414 19 years
Director Pankaj Kulkarni Rajabhau 00725144 14 years
Ceo Nilesh Narwekar <HIDDEN> 7 years
Whole-time Director Nilesh Narwekar 06908109 8 years
Cfo Narinder Singh Kahlon <HIDDEN> 11 years
Whole-time Director Narinder Singh Kahlon 03578016 7 years
Nominee Director Sudhir Maheshwari 02376365 4 years
Nominee Director Utsav Baijal 02592194 4 years
Company Secretary Sneha Bindra <HIDDEN> 5 years
Director Akshaykumar Narendrasinhji Chudasama 00010630 1 years
Director Raghav Chandra 00057760 1 years
Director Aashish Ramdas Kamat 06371682 1 years
Director Preeti Reddy 07248280 1 years
Director Seshagiri Rao Metlapalli Venkata Satya 00029136 2 years

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 2,761.2 3,413.0 4,099.2 4,770.7 5,794.8
Operating profit 591.6 783.3 727.0 665.0 888.5
Net profit 161.8 257.9 324.4 207.0 220.9
Gross margin 78.8 75.3 75.3 76.1 75.7
Operating margin 21.4 22.9 17.7 13.9 15.3
Net margin 5.7 7.4 7.5 4.2 3.7
Networth 1,447.2 1,748.2 2,113.9 2,341.5 2,686.5
Borrowings 2,348.1 2,344.5 3,380.8 4,806.3 5,170.5
Assets 5,611.7 6,045.5 7,745.4 9,506.1 10,828.4
Debt to equity 1.6 1.3 1.6 2.0 1.9
Current ratio 0.8 0.7 1.3 0.9 0.8
ROE 11.2 14.8 15.3 8.8 8.2
Days payable 490.0 315.0 270.0 325.0 295.0
WC days -58.0 -74.0 51.0 -15.0 -51.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 986.4 986.4 986.4 986.4 986.4
Reserves 460.9 761.9 1,127.6 1,355.2 1,700.1
Borrowings + 2,348.1 2,344.5 3,380.8 4,806.3 5,170.5
Long term borrowings 2,006.6 1,688.9 3,292.6 4,036.2 3,522.1
Short term borrowings 341.4 655.5 88.2 770.1 1,648.5
Trade payables + 783.8 727.6 748.7 1,018.4 1,140.2
Days payable 490.0 315.0 270.0 325.0 295.0
Other liabilities + 1,816.4 1,952.8 2,250.6 2,358.3 2,971.4
Other non-current liabilities 291.9 366.5 490.5 548.4 869.0
Other current liabilities 740.7 858.7 1,011.4 791.5 962.2
Total liabilities 5,611.7 6,045.5 7,745.4 9,506.1 10,828.4
Fixed Assets + 3,382.7 3,444.9 3,713.8 4,452.1 5,617.6
Tangible assets 2,919.2 3,188.4 3,227.8 3,643.7 4,313.7
CWIP 452.7 238.8 421.7 754.6 633.7
Intangible assets 10.9 17.7 64.3 53.8 670.3
LT loans and advances 34.1 43.6 317.2 575.3 564.1
Other non-current assets 769.0 1,010.0 1,294.3 2,099.4 1,702.4
Current assets + 1,425.9 1,547.0 2,420.1 2,379.3 2,944.2
Inventories 402.8 259.1 327.1 406.1 428.7
Trade receivables 409.9 527.0 721.2 703.7 771.2
Cash and cash equivalents 72.0 60.8 134.3 47.8 93.9
ST loans and advances 241.4 224.3 248.6 521.4 541.1
Other current assets 299.7 475.8 988.9 700.4 1,109.2
Total assets 5,611.7 6,045.5 7,745.4 9,506.1 10,828.4
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 2,761.2 3,413.0 4,099.2 4,770.7 5,794.8
Sales growth % 4.3 23.61 20.11 16.38 21.47
Expenses + 2,569.9 3,061.5 3,825.8 4,599.5 5,528.2
Cost of goods 584.2 843.9 1,012.4 1,142.0 1,409.4
Employee cost 170.1 191.1 217.5 264.8 274.1
Other costs 1,415.3 1,594.7 2,142.3 2,698.9 3,222.8
Operating profit + 591.6 783.3 727.0 665.0 888.5
Operating margin % 21.4 22.9 17.7 13.9 15.3
Other income 54.8 79.8 225.2 135.2 157.1
Interest 265.4 277.6 283.6 261.5 379.4
Depreciation 134.9 154.3 169.9 232.3 242.5
Exceptional items - -35.4 - - -
Profit before tax 246.0 395.9 498.6 306.5 423.7
Tax 84.3 138.1 174.2 99.5 202.8
Profit - disc. ops - - - - -
Net profit 161.8 257.9 324.4 207.0 220.9
Net margin % 5.7 7.4 7.5 4.2 3.7
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 1.6 1.3 1.6 2.0 1.9
Net Debt/Equity 1.6 1.3 1.5 2.0 1.9
Total Debt/Assets 0.4 0.4 0.4 0.5 0.5
Total Assets/Equity 3.9 3.5 3.7 4.1 4.0
Liquidity +
Current Ratio 0.8 0.7 1.3 0.9 0.8
Quick Ratio 0.6 0.6 1.1 0.8 0.7
Interest Coverage 2.2 2.8 2.6 2.5 2.3
Performance
Gross Margin 78.8 75.3 75.3 76.1 75.7
Operating Margin 21.4 22.9 17.7 13.9 15.3
Net Margin 5.7 7.4 7.5 4.2 3.7
Return +
Return on Equity 11.2 14.8 15.3 8.8 8.2
Pre-tax ROCE 15.5 22.9 13.0 10.2 13.4
Return on Assets 2.9 4.3 4.2 2.2 2.0
Pre-tax ROIC 12.3 15.6 10.4 6.1 8.3
Efficiency +
Days Payable 490.0 315.0 270.0 325.0 295.0
Days Inventory 252.0 112.0 118.0 130.0 111.0
Days Receivable 54.0 56.0 64.0 54.0 49.0
Fixed Asset Turnover 0.8 1.0 1.1 1.1 1.0
Total Asset Turnover 0.5 0.6 0.5 0.5 0.5
Working Capital
Cash Conversion Cycle -184.0 -147.0 -88.0 -141.0 -135.0
Working Capital Days -58.0 -74.0 51.0 -15.0 -51.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Axis Trustee Services Limited

No. of Loans: 8

Total Amount : 6,224.2 cr

2

IDBI Trusteeship Services Limited

No. of Loans: 3

Total Amount : 821.0 cr

3

Indian Bank

No. of Loans: 3

Total Amount : 490.0 cr

4

Axis Bank Limited

No. of Loans: 3

Total Amount : 426.0 cr

5

Yes Bank Limited

No. of Loans: 1

Total Amount : 250.0 cr

6

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 250.0 cr

7

RBL Bank Limited

No. of Loans: 1

Total Amount : 235.0 cr

8

Bajaj Finance Limited

No. of Loans: 1

Total Amount : 100.0 cr

9

Mashreq Bank PSC

No. of Loans: 1

Total Amount : 100.0 cr

10

DCB Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

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Charges

Axis Trustee Services Limited
IDBI Trusteeship Services Limited
Indian Bank
Axis Bank Limited
Others

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Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
UTKARSH TRANSPORT PRIVATE LIMITED Telangana 2018 ₹ 1.0 Cr
SHIVA CEMENT LTD Orissa 1985 ₹ 159.0 Cr
JSW GREEN CEMENT PRIVATE LIMITED Telangana 2019 ₹ 1.0 L

Tofler Score

Very Good
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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • HIGH LEVERAGE
Low Risk
  • NET MARGIN DETERIORATING
  • ROCE DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

L26957MH2006PLC160839

PAN

AABCJ6731B

Incorporation

2006, 19.5 years

Company Email

sneha.bindra@jsw.in

Paid up Capital

₹ 1,363.4 Cr

Authorised Capital

₹ 3,500.0 Cr

AGM

Jul 2025

Type

Public
Others

FAQ - JSW CEMENT LIMITED

What is the incorporation date of JSW CEMENT LIMITED?

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The incorporation date of JSW CEMENT LIMITED is 29 March, 2006

What is the authorized share capital of JSW CEMENT LIMITED?

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The authorized share capital of JSW CEMENT LIMITED is INR ₹ 3,500.0 Cr.

What is the paid-up capital of JSW CEMENT LIMITED?

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The paid-up capital of JSW CEMENT LIMITED is INR ₹ 1,363.4 Cr.

What is the registered address of JSW CEMENT LIMITED?

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The registered address of JSW CEMENT LIMITED is JSW Centre Bandra Kurla Complex, Bandra (East), Mumbai City, Mumbai, Maharashtra, India, 400051 - 400051

What is the CIN number of JSW CEMENT LIMITED?

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The CIN number of JSW CEMENT LIMITED is L26957MH2006PLC160839.

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