JSW Steel Limited vs Welspun Corp Limited
An objective side-by-side of JSWSTEEL and WELCORP, both in Steel - Large: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-22 close
Latest results: JSWSTEEL Jun 2026 · WELCORP Jun 2026
At a glance
- JSW Steel Limited is the larger company by market value, about 4.3 times the size of Welspun Corp Limited.
- On trailing earnings, JSW Steel Limited trades at the lower P/E (11.0 against 31.1).
- JSW Steel Limited earns the higher return on equity (28.0% against 25.3%).
- Over three years Welspun Corp Limited has grown profits faster (118% a year against 34%).
- Over the past year the share prices returned +15.2% (JSWSTEEL) and +199.1% (WELCORP).
| Metric | JSW Steel JSWSTEEL |
Welspun WELCORP |
|---|---|---|
| Size and price | ||
| Market cap | ₹309,253 Cr | ₹72,031 Cr |
| Share price | ₹1,267 | ₹2,732 |
| Valuation | ||
| P/E | 11.05 | 31.06 |
| P/B | 3.09 | 7.87 |
| EV/EBITDA | 12.99 | 30.95 |
| PEG | 0.32 | 0.26 |
| Dividend yield | 0.6% | 0.2% |
| Profitability | ||
| ROE | 28.0% | 25.3% |
| ROCE | 11.0% | 23.0% |
| Operating margin | 16.6% | 13.9% |
| Sales (TTM) | ₹189,687 Cr | ₹17,300 Cr |
| Net profit (TTM) | ₹27,995 Cr | ₹2,319 Cr |
| Growth | ||
| Latest quarter sales YoY | +49.8% | +14.9% |
| Latest quarter profit YoY | +115.6% | +200.3% |
| Sales CAGR 3Y | +4.0% | +20.0% |
| Profit CAGR 3Y | +34.0% | +118.0% |
| Sales CAGR 5Y | +18.0% | +19.0% |
| Profit CAGR 5Y | +3.0% | +21.0% |
| Financial strength | ||
| Debt/Equity | 0.99 | 0.26 |
| Interest cover | 2.24 | 8.87 |
| Ownership | ||
| Promoter holding | 44.3% | 49.7% |
| Promoter change (4 qtrs) | -1.02 pp | -0.11 pp |
| Price performance | ||
| Return 1M | -2.39% | +37.78% |
| Return 3M | -1.08% | +96.72% |
| Return 1Y | +15.23% | +199.06% |
| Return YTD | +8.91% | +239.23% |
| Technical condition | ||
| Technical score | 45 | 73 |
| RS rating (1-99) | 62.00 | 98.00 |
| % vs 200-DMA | +3.10% | +115.24% |
| RSI (14) | 45.62 | 68.11 |
| % from 52-week high | -6.10% | -1.25% |
