v
JSW Group, a US$ 24 billion conglomerate, is among India’s leading business houses. It operates across Steel, Energy, Infrastructure, Cement, Paints, B2B e-commerce, Defence and more, driving India’s economic growth with innovation, sustainability and large-scale project execution across global markets.
Content:
- JSW Group’s Company Overview and History
- JSW Group Financials and Shareholder Returns
- How JSW Group Started and the Growth of Its First Business
- How Did JSW Group Expand into Subsequent Business Sectors?
- JSW Group Revenue Split – How It Earns Across Different Sectors
- Challenges Faced by JSW Group Across Its Businesses
- How Does JSW Group’s Future Look in Terms of Growth and Strategy?
- How To Invest In JSW Group Stock?
- JSW Group Overview and Revenue Split – Quick Summary
- JSW Group Stock And Its Revenue Across Business Segments – FAQs
JSW Group’s Company Overview and History
Founded in 1982, JSW Group has grown into a US$ 24 billion conglomerate, ranking among India’s top business houses. It operates globally in steel, energy, infrastructure and more. The group is led by Sajjan Jindal, a key figure in India’s industrial growth.
JSW Steel, its flagship company, is India’s second-largest steel producer and ranks among the top global players. The group has a strong market presence across multiple industries, leveraging cutting-edge technology, sustainability and large-scale project execution to maintain its leadership position.
JSW Group Financials and Shareholder Returns
JSW Steel Ltd, a key entity of JSW Group, is India’s second-largest steel producer, with ₹9,17,121 crore revenue in FY 2024. Known for innovation and sustainability, it delivers strong returns, with a 43.60% gain over five years and steady profitability.
| Metric | Value |
| Revenue (FY 2024) | ₹9,17,121 crore |
| Net Profit (FY 2024) | ₹69,621 crore |
| Dividend Yield | 0.21% |
| Return over 1 year | 9.37% |
| Return over 3 years | 22.40% |
| Return over 5 years | 43.60% |
How JSW Group Started and the Growth of Its First Business
JSW Group began its journey in 1982 with JSW Steel, founded by Om Prakash Jindal. Initially, it focused on steel manufacturing when India’s steel sector was evolving, with rising demand for infrastructure. The company quickly expanded, leveraging innovation and large-scale production capabilities.
Today, JSW Steel is led by Sajjan Jindal, serving as Chairman and Managing Director. Under his leadership, the company has grown into India’s second-largest steel producer and a global player, driving sustainability and technological advancements while maintaining a strong market position.
Below is a chart showcasing the current revenue of JSW Steel Ltd:
How Did JSW Group Expand into Subsequent Business Sectors?
JSW Group, founded in 1982, has rapidly expanded into various business sectors, including steel, energy, infrastructure, cement and more, making strategic acquisitions and investments that have contributed to its diversified portfolio.
- 1982: JSW Group was founded with the acquisition of a re-rolling mill in Tarapur, Maharashtra, which was renamed Jindal Iron and Steel Company (JISCO), followed by the establishment of its first steel plant in Vasind.
- 1994: JSW Energy Limited was established to focus on power generation, transmission and trading. Jindal Vijayanagar Steel Limited (JVSL) was also set up in the Bellary–Hospet region of Karnataka.
- 1999: JSW Infrastructure was founded to construct and operate infrastructure projects such as airports, shipyards and roads.
- 2004: JSW Group acquired Salem Steel Works, expanding its steel production capabilities.
- 2005: JISCO and JVSL merged to create JSW Steel, solidifying its presence in the steel industry.
- 2008: JSW Group entered a rebar joint venture in Georgia.
- 2009: JSW Cement was established, marking the group’s entry into the cement business.
- 2010: JSW Group acquired an integrated steel plant at Dolvi, Maharashtra, expanding its steel production portfolio.
- 2014: JSW Group acquired Welspun Maxsteel, diversifying its steel production operations.
- 2018: JSW Group purchased Italy’s Aferpi and made investments in a greenfield Texas plant and the takeover of bankrupt Bhushan Power.
- 2019: JSW Group established JSW Paints with a total investment of ₹600 crore.
- 2020: JSW Group faced legal challenges in the acquisition of Bhushan Power but continued expanding its presence.
- 2021: JSW Steel Italy acquired a stake in GSI Lucchini and set a CO2 reduction target for 2030.
- 2022: JSW Group planned the merger of JISPL and CSSL subsidiaries and secured approval for a greenfield steel plant in Andhra Pradesh.
- 2023: JSW Infrastructure announced plans to acquire a majority stake in PNP Port for ₹270 crore.
- 2024: JSW Group enters the non-ferrous metals sector by acquiring two copper mines in Jharkhand from Hindustan Copper, with plans for a copper smelter in Odisha by 2028-29.
JSW Group Revenue Split – How It Earns Across Different Sectors
JSW Group operates across various Sectors, each contributing uniquely to its revenue. Here’s an overview:
- JSW Steel Ltd: A leading steel manufacturer in India, JSW Steel Ltd reported a revenue of ₹1,76,010 crore in March 2024. It operates cutting-edge production facilities and supplies high-quality steel for construction, automotive and infrastructure industries globally.
- JSW Energy Ltd: Engaged in power generation, transmission and trading, JSW Energy Ltd posted a revenue of ₹11,941.30 crore in March 2024. The company focuses on renewable energy expansion, enhancing India’s energy security while promoting sustainable power solutions.
- JSW Infrastructure Ltd: Specializing in port operations and logistics, JSW Infrastructure Ltd achieved ₹4,032.30 crore in revenue by March 2024. It plays a key role in India’s maritime trade, offering efficient cargo handling and storage solutions across multiple ports.
- JSW Holdings Ltd: A core investment arm of the JSW Group, JSW Holdings Ltd recorded ₹169.60 crore in revenue for March 2024. The company manages strategic investments in group entities, supporting JSW’s growth across steel, energy and infrastructure sectors.
Challenges Faced by JSW Group Across Its Businesses
The main challenges faced by JSW Group across its businesses include market volatility, regulatory hurdles, high operational costs and supply chain disruptions. These factors affect the group’s efficiency, profitability and long-term sustainability.
- Market Volatility: JSW Group faces challenges from fluctuating commodity prices, which can significantly impact its profitability, especially in the steel and energy sectors. Market volatility affects demand and pricing stability, making long-term planning difficult.
- Regulatory Hurdles: Frequent changes in government policies and regulations pose a significant challenge. Compliance with environmental laws, tax policies and industry-specific regulations requires continuous adjustments, which can result in delays and increased operational costs.
- High Operational Costs: Rising input costs, including raw materials and energy, strain the group’s profitability. Maintaining cost efficiency across multiple industries, such as steel, cement and energy, requires significant investments in technology and optimization processes.
- Supply Chain Disruptions: JSW Group experiences supply chain disruptions due to global logistical challenges, geopolitical factors and changes in demand. These disruptions can delay production timelines and lead to shortages of key raw materials, affecting overall business performance.
How Does JSW Group’s Future Look in Terms of Growth and Strategy?
The main outlook for JSW Group’s future appears positive, with a focus on diversification, sustainability, technological advancements and expanding global reach. Its growth strategy includes strengthening core businesses while exploring new industries for long-term success.
- Diversification: JSW Group plans to expand into new sectors like renewable energy and infrastructure, reducing dependence on its traditional businesses. This diversification allows the company to capture emerging opportunities and mitigate sector-specific risks.
- Sustainability: The group aims to strengthen its sustainability initiatives, focusing on reducing carbon emissions and improving energy efficiency. Investments in green technologies will help JSW align with global environmental standards and enhance its market competitiveness.
- Technological Advancements: JSW Group is embracing cutting-edge technologies to streamline operations and improve product offerings. Automation, AI and data analytics will increase productivity, lower costs and foster innovation, driving growth in competitive industries.
- Expanding Global Reach: The company aims to expand its presence in international markets through strategic partnerships and acquisitions. By entering new geographical markets, JSW Group can tap into untapped demand and enhance global competitiveness.
How To Invest In JSW Group Stock?
If you are looking to invest in JSW Group stock, you can easily do so through Alice Blue, where purchasing stocks is absolutely free, with zero brokerage on equity delivery trades.
Step 1: Open a Demat & Trading Account
- Visit Alice Blue’s website
- Click on “Open Demat Account” and complete the registration.
- Upload your PAN, Aadhaar and bank details for verification.
Step 2: Add Funds to Your Trading Account
- Log in to Alice Blue and go to the Funds section.
- Add money via UPI, Net Banking, or NEFT/RTGS for smooth transactions.
Step 3: Search & Analyze JSW Group Stock
- Use the search bar to find JSW Group shares.
- Check the market price, charts and company details before investing.
Step 4: Place Your Buy Order
- Click Buy and choose Market Order (instant purchase) or Limit Order (buy at your set price).
- Enter the quantity and confirm your order.
JSW Group Overview and Revenue Split – Quick Summary
- Founded in 1982, JSW Group is a US$ 24 billion conglomerate, excelling in steel, energy and infrastructure, led by Sajjan Jindal with global market leadership.
- JSW Steel, India’s second-largest producer, reported ₹9,17,121 crore revenue in FY 2024, with strong profitability, a 43.60% five-year return and a 0.21% dividend yield.
- JSW Steel’s annual revenue grew from ₹147,902 crore in FY 2022 to ₹176,010 crore in FY 2024, showing consistent growth over the past years.
- JSW Group, over the years from 1982 to 2024, expanded through strategic acquisitions into steel, energy, infrastructure, cement, paints and non-ferrous metals, diversifying its portfolio across various industries.
- In March 2024, JSW Group’s revenue distribution included ₹1,76,010 crore from JSW Steel, ₹11,941.30 crore from JSW Energy and ₹4,032.30 crore from JSW Infrastructure.
- JSW Group faces challenges from market volatility, regulatory hurdles, high operational costs and supply chain disruptions, impacting profitability, efficiency and long-term sustainability across its sectors.
- JSW Group’s future looks promising, focusing on diversification, sustainability, technological advancements and global expansion to strengthen core businesses and explore new growth opportunities.
- Open a free demat account with Alice Blue in 15 minutes today! Invest in Stocks, Mutual Funds, Bonds, & IPOs for Free. Also, trade at just ₹ 20/order brokerage on every order.
JSW Group Stock And Its Revenue Across Business Segments – FAQs
In March 2024, JSW Group earned ₹1,76,010 crore from JSW Steel, ₹11,941.30 crore from JSW Energy, ₹4,032.30 crore from JSW Infrastructure and ₹169.60 crore from JSW Holdings, reflecting the diverse contribution of its businesses.
JSW Group is a diversified conglomerate operating in sectors such as steel, energy, infrastructure, cement, paints and more. It focuses on innovation, sustainability and large-scale projects to drive growth and maintain industry leadership.
JSW Group is owned by Sajjan Jindal, the Chairman and Managing Director. Under his leadership, the group has expanded globally and grown into one of India’s largest industrial conglomerates, with a focus on sustainability and technological advancements.
JSW Group’s key businesses include JSW Steel (steel manufacturing), JSW Energy (power generation), JSW Infrastructure (ports and logistics), JSW Cement (cement manufacturing), JSW Paints (paint production) and JSW Holdings (investment arm), along with expanding ventures in non-ferrous metals.
In March 2024, JSW Group generated a total annual revenue of approximately ₹1,92,153 crore, with its major contributors being JSW Steel, JSW Energy and other key businesses like infrastructure and cement.
JSW Steel contributes the most to JSW Group’s revenue, generating ₹1,76,010 crore in March 2024. This segment dominates the group’s overall revenue, driven by its position as India’s second-largest steel producer and strong global market presence.
JSW Group’s stock has demonstrated consistent growth over the years, with a 9.37% return over 1 year, 22.40% over 3 years and 43.60% over 5 years. This reflects strong performance and investor confidence in the group’s long-term growth prospects.
Yes, JSW Group has historically issued bonus shares. The company occasionally rewards shareholders with bonus shares as part of its capital management strategy. These decisions are typically based on the company’s financial health and growth prospects.
As of December 2024, JSW Steel Ltd’s major shareholders include promoters holding 44.90%, Foreign Institutional Investors (FII) with 25.60%, Domestic Institutional Investors (DII) at 11.10%, the public at 18.20% and others holding 0.20% of the shares.
Recently, JSW Group has made significant acquisitions, including a 4.7 GW renewable energy platform from O2 Power, a 125 MW portfolio from Hetero Group and a 1.75 GW portfolio from Mytrah Energy. These acquisitions strengthened its position in the renewable energy sector.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.


