A PROJECT RESRARCH ON THE ENERGY INDUSTRY

BY GROUP NO .15
SR NO ROLL NO NAME OF THE STUDENT
1 211621 VEDE ADITI RAMAKANT
2 211622 SHIRKE VINAYA DATTATRAY
3 211623 BACHATE VISHAL BHAUSAHEB
4 211624 YEWALE VISHAL
5 211625 LONARE VIVEK CHARANDAS
6 211626 GADAKH VRUDRA VILAS
7 211627 MESHRAM PAVAN GURUDAS
8 211630 JADHAV SURAJ
9 211632 MASNE PRATIKSHA

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 10 211633 JADHAV PRASHANT KADUBA

SUBMITED TO
Savitribai Phule Pune University

IN PARTIAL FULFILMENT OF THE REQUIRMENT FOR ELECTIVE

INDUSTRY ANALYSIS AND DESK RESEARCH
MASTER OF BUSINESS ADMINISTRATION (MBA)

UNDER THE GUIDANCE OF

PROF.DEEPIKA MIRCHANDANI

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ACKNOWLEDGEMENT

PLACE: PUNE
DATE 12/7/2022

I Would like To Convey My Deep Appreciation to My Professor Mrs.

Deepika Mirchandani of Industrial Analysis and Desk Report for Her
Valuable Suggestion and Encouragement in Completion of My
Assignment.
I Would Like to Express My Gratitude to Our HOD Mr. Shrinivas
Tumuluri for Providing All the Required Facilities to Accomplish my
Assignment.
Finally, I Would Like to Thank my Parents and Friends, without them
this Assignment would not have been completed.

Your name.

signature

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CONTENT
Sr. No. Topic Page Number
1 Industry Introduction 5 to 8
2 Company Profile 9 to 19
3 Supply Chain 20
4 Board Of Governance 21 top 23
5 Management 24
6 Financial Aspect 25 to 29
7 Legal Aspect 30 to 31
8 HR Department 32 to 34
9 Key Performance Hilights 35
10 CSR Activity 36 to 39
11 Competitors 40
12 Market Share 41
13 Net Worth 42

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Industry Introduction

JSW Energy – Lighting Up the Future

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JSW Energy Limited is amongst India’s leading private sector power
producing companies that believes in the efficient utilization of all available
resources. From managing operations, enhancing social and economic
benefits, minimizing environmental impacts and employing cutting-edge
innovation, JSW Energy has grown steadily and strongly through the years.
Today, the company’s presence extends across several Indian states and
includes stakes in natural resource companies in South Africa

Type Public company

Industry Energy
Founded 1994
Headquarters Mumbai, India
Area served India
Key people Sajjan Jindal (Chairman)
Prashant Jain (JMD & CEO) Jyoti Kumar Agarwal
(Director-Finance)
Revenue ₹8,170 crore (US$1.1 billion) (FY2022)
Net income ₹1,728.62 crore (US$230 million) (FY2022)
Number of employees 1000+
Parent JSW Group

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Our Commitment
Mitigating Climate change impact and transitioning to sustainable
development has emerged as a major issue globally. India is at the heart of the
global energy marketplace, given its size and dynamism, with its future prosperity
depends on affordable, reliable, and clean energy. At the COP26 summit in
Glasgow in November, India pledged to cut it’s total projected carbon emission by
1 billion Tonnes by 2030, reduce the carbon intensity of the nation’s economy by
less than 45% by the end of the decade and net-zero carbon emissions by 2070.
At JSW Energy, we are committed to confronting this challenge by way
of our mission to transition the world to new-age green energy, thus accelerating
for a better tomorrow. We aim to become a “net-zero contributor” of GHG
emissions by 2050 or earlier.
We are engineering an energy-mix makeover through a large
investment plan which will further strengthen our business model and help us
maintain the momentum to achieve a better tomorrow. We aim to deliver
renewable energy and provide energy solutions which are socially sustainable,
environmental and economical. With renewables becoming a significant part of
our power generation mix of the future, our objective is to play a meaningful role
in catering to India’s growing demand for energy and lead the nation towards a
better and improved tomorrow. Through our endeavors, we are enabling India to
meet its target of adding 500 GW of renewable energy by 2030 and
outperforming its Paris pledges.

Our Approach
We are at the forefront of the energy transition, building a portfolio of
the most efficient and smart sustainable solutions. Focusing on delivering value to
all our stakeholders, our business model enables us to generate significant
returns while contributing to a cleaner fuel mix and accelerating towards a better
tomorrow. We are also assessing emerging technologies across green hydrogen
and its derivatives, offshore wind, and storage solutions, including battery and

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pumped hydro storage. Investment in renewables is our key to engaging with
future generations through meaningful technologies.
As we progress towards a better tomorrow, we have emerged as the
leading sustainable enterprise with MSCI ESG ratings of ‘BB’ – the highest among
Indian producers with thermal portfolios. We have received an ‘A-’ rating by CDP
– the leadership band rating for climate change disclosures. With this, we have
become the only Indian company in the thermal power sector and one of the two
Asian companies to have received this rating. With our central theme to promote
a Net-Zero strategy in energy production and consumption, we are constantly
marching towards a tomorrow that encompasses the greater good. We are
targeting to improve the rating even further through our best corporate
governance practices and sustainability systems. We have set goals and aim to
report our progress on each of these – for improving our greenhouse gas
emissions, solid waste, and water management and for achieving no loss in our
biodiversity. As we transition into the next normal, we are building on lessons
learnt during the pandemic, embracing alternate working models and making
sustainable changes in our business processes.

Our Strategy
At JSW Energy, our vision is to advance to a tomorrow where we are a
10 GW company by 2025 and a 20 GW company by 2030. Our incremental
capacity additions are being completely met through renewable energy sources.
The share of Renewables in our portfolio which is currently at 30%, is expected to
be 70% of our total portfolio by 2025, and further to 85% by 2030. We have
subscribed to Science-Based Targets (SBTi) and our GHG emission targets are in
line with SBTi 1.5 degree scenario for 2030, and carbon neutrality by 2050. With
our planned renewable capacity additions, we aim to become “Net-Zero” much
earlier than our stated target of 2050.
Our significant free cash flows are likely to facilitate us in achieving
these targets without any equity dilution. Further, we have accomplished the
lowest leverage profile and least O&M costs by a prudent approach to financial
and operational management. As we continue our journey towards a better
tomorrow, we aim to substantially reskill and upskill our workforce, and
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strengthen our internal capabilities further in the emerging areas of expansion.
With our best in class project execution capabilities and prudent capital
allocation, we are confident to achieve our targets within the timelines and
budget. Our single-minded aim is to make use of our knowledge base and
capabilities to create and support long-term solutions for environmental changes
and progress towards a better tomorrow

Our Promise
We are all set to satiate India’s quench for new-age green energy. We are moving
towards dynamic growth and creating significant value for all our stakeholders,
the society we serve and our employees. Through our bold and ambitious plans,
we are accelerating our way to a better tomorrow, and in the process, reinforcing
and reiterating our position as a leader in India’s energy transition

COMPANY PROFILE

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Supply Chain
● Supply chain is an integral part of our business growth and continuity. The
pandemic has brought a renewed focus on this aspect as supply chain disruption is
seen as a major force for business continuity
● We ensure that our suppliers are ethical and behave with integrity by abiding to
our Supplier Code of Conduct (SCoC) policy
● This SCoCrecognises the UNGC principles on human rights, labour, environment
and anti-corruption, as described in the United Nations Global Compact (UNGC)
for the labour category
● e work very closely with our vendor partners and constantly encourage them to
integrate ESG into their work practices on a day-to-day basis.
● We have an inhouse vendor and supplier registration tool which contains
questionnaires to be filled by our supply chain partners
● We also ensure that every new supplier/distributor discloses the social and
environment parameters such as licence to operate industrial H&S department,
consent from the respective state pollution control boards and ISO certifications.

The key elements on which our Supplier Code of Conduct is based

include
● Compliance Management:- Statutory compliance, notices, taxes, assurance
mechanism for quality check
● Environment Emissions:- Effluents, Energy and Biodiversity
● Human Rights:- Protection and promotion of human rights and rights of
indigenous people
● Labour:- Freedom of Association, Collective Bargaining, Forced Labour, Child
Labour, OHS and Wages
● Business Ethics:- Ethical Behaviour, Anti-Corruption, Conflict of Interest,
Information Security

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Board Of Governance

Mr. Jindal had the foresight to lead the steel industry and JSW Steel, in particular, on a
transformational journey, contributing significantly to India’s growth philosophy.

Mr. Jain is a mechanical engineer with more than 28 years of rich experience in Operations,
Project Execution and Management, Corporate Strategy, Joint Ventures, Mergers &
Acquisitions, Corporate Affairs, Information Technology, Investor Relations and Policy
Advocacy.

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Mr. Agarwal holds a Bachelor’s degree in Commerce and is a Chartered Accountant and also a
Chartered Financial Analyst.He holds an MBA from IIM, Calcutta.

Mr. Bhattacharya is an Arts graduate from Calcutta University and also a Certified Associate of
Indian Institute of Bankers (CAIIB).

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Mr. Jain holds a Bachelor’s degree in Commerce and is a Fellow Member of The Institute of
Chartered Accountants of India and The Institute of Company Secretaries of India. He has over
four decades of experience in diverse areas, including that of M&A, finance, legal, capital
structuring, etc.

Mr. Mahendra has completed his B. Tech in Mechanical Engineering from NIT, Allahabad and
brings with him 31 years of rich experience in automobile, steel, chemical and power industries.

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Management

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Financial Aspect

Consolidated Revenue:

Standalone Revenue:

Income Statement:

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Balance Sheet:

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Cash Flow:

Per Share Ratios:

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Margin Ratio:

Return Ratio:

Liquidity Ratio:

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Leverage Ratio:

Turnover Ratio:

Growth Ratio:

Valuation Ratio:

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LEGAL ASPECTS
The Company adheres to the highest standards of business ethics, compliance with statutory
and legal requirements and commitment to transparency in business dealings. Code of Conduct
for Board Members and Senior Management and to regulate insider trading and also policies
such as Whistle Blower Policy / Vigil Mechanism, Prevention of Sexual Harassment, is given
below:

A) Code of Conduct for Board Members and Senior: Management The Board adopted the
Code of Conduct for Directors and Senior Management personnel of the Company and is
available on the website of the Company at the link: www.jsw.in/investors/ energy. The
Code highlights corporate governance as the cornerstone for sustained management
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 performance, for serving all the stakeholders and for instilling pride of association. The
Code is applicable to all Directors and specified Senior Management executives. The
Code impresses upon Directors and Senior Management executives to uphold the
interest of the Company and its stakeholders and to endeavor to fulfil all their fiduciary
obligations. Another important principle on which the Code is based is that the Directors
and Senior Management executives shall act in accordance with the highest standard of
honesty, integrity, fairness and ethical conduct and shall exercise utmost good faith and
due care in performing their duties.

B) Code of Conduct to Regulate, Monitor and Report Trading by Insiders: In accordance

with the Securities and Exchange Board of India (Prohibition of Insider Trading)
Regulations, 2015 as amended (the Regulations), the Board has adopted a Code of
Conduct to regulate, monitor and report trading by Insiders (the ‘Code’) for prevention
of insider trading. The Code lays down guidelines and procedures to be followed and
disclosures to be made by Designated Persons including Directors, Promoters, Key
Managerial Personnel, top level executives and certain staff whilst dealing in the
Company’s shares. The Code, inter alia, contains regulations for preservation of
unpublished price sensitive information, pre-clearance of trades, etc. The Company
Secretary has been appointed as the Compliance Officer and is responsible for
monitoring adherence to the Code.

C) Whistle Blower Policy / Vigil Mechanism: The Company believes in the conduct of the
affairs of its constituents in a fair and transparent manner by adopting highest standards
of professionalism, honesty, integrity and ethical behavior. Regulation 22 of Listing
Regulations and Section 177 (9) of the Companies Act, 2013 inter alia, provides for all
listed companies to establish a mechanism called ‘Whistle Blower Policy’ for employees
to report instances of unethical behavior, actual or suspected fraud or violation of the
Company’s Code of Conduct or Ethics Policy. Accordingly, the Whistle Blower Policy
adopted by the Company in line with the provisions specified above, encourages all
employees to report any suspected violations promptly and intends to investigate any
good faith reports of violations. In line with the Whistle Blower Policy, any actual or
potential violation, howsoever insignificant or perceived as such, would be a matter of
serious concern for the Company. The Whistle Blower Policy / Vigil Mechanism specifies
the procedure and reporting authority for reporting such unethical behavior, or
improper activity including misuse or improper use of accounting policies and
procedures resulting in misrepresentation of accounts and financial statements. The

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 Company affirms that no employee has been denied access to the Ethics Counsellor /
Audit Committee.

D) Policy for Prevention of Sexual Harassment: The Company is an equal employment

opportunity provider and is committed to creating a healthy working environment that
enables employees to work without fear of prejudice, gender bias and sexual
harassment. The Company also believes that all employees of the Company have the
right to be treated with dignity. Pursuant to the requirements under the Prevention of
Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act,
2013, the Company has enacted a Policy and duly constituted Internal Complaints
Committees across locations. To build awareness in this area, the Company has been
conducting induction / refresher programmes in the organisation on a continuous basis.
During the year under review, no complaint was filed.

E) Legal Compliance by the Company’s Subsidiaries: Periodical audit ensures that the
Company’s subsidiaries conduct their business with high standards of legal, statutory
and regulatory compliances. As per the compliance reports of the Management, there
has been no material non-compliance with the applicable statutory requirements by the
Company and its subsidiaries.

HUMAN RESOURCE (HR) MANAGEMENT

HR plays the role of strategic business partner by driving Organizational

Objectives of growth, agility and increased productivity. FY2020 witnessed
continued sustenance of the various HR initiatives taken in previous years as well
as the introduction of new HR initiatives. In order to create superior employee
experience, HR team developed and deployed a new model named CARE,
covering, through its four elements of Communication, Agility, Responsibility and

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Elevation, all aspects of an engaging workplace to drive business objectives.
Under the CARE model, the following HR interventions were conducted in FY
2020: 1.
1. Communication: To bring alignment among employees towards organizational
goals and create transparency in communications, management connected with
the employees at regular intervals through forums like Samwaad involving two-
way communication with employees, town halls, skip level meetings and family
get-togethers. BOLT, our quarterly in-house magazine, was also published during
the year. C - Live, a quarterly forum where the Chief Operating Officer shared
Industry updates, Company scenario and future plans in an interactive session
involving live questions from the employees through a web-telecast went live in
FY2019-20

2. Agility: To build organization and employee capability, JSW Energy continued

with Future Fit Leaders, our flagship leadership development program to develop
talent within the organization. Eight employees were selected for development
journey through Future Fit Leaders program in FY2019-20 at top institutions like
Cornell University (USA), IIM (Bangalore), Indian School of Business (Hyderabad)
and IIM (Ahmedabad). To promote diversity and develop diverse talent, two
female employees were selected for a development program at IIM Bangalore as
part of the Springboard initiative. A number of training programs were organized
in functional, behavioral, technical, safety and TQM related areas. Further, to
develop internal talent for upcoming growth opportunities in new business
verticals, a new program involving Diploma in Solar was started during the year.
Under the Umang banner, team-based games and contests were conducted
throughout the year across the locations to build networks at the workplace.
“Lose For the Gain”, an employee engagement initiative to increase cross-
functional interaction among diverse teams to build agility in the system was
conceived and launched for all JSW Energy employees. This initiative promotes
focus on the importance of physical well-being by incentivizing the teams to
achieve the desired BMI range through team activities like running together,
exercising together, eating healthy food together. A total of 170 teams
participated in this initiative.

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 3. Responsibility: We believe in involving employees in the execution of business
strategies through problem-solving initiatives. IGNITE, the digital platform for
logging ideas, projects and Sujhaav was launched in FY2019-20. Training programs
on “Problem Solving Techniques” were organized across the locations to build
employee capability to provide innovative solutions by using problem-solving
tools and techniques. HR team played a key role in facilitating strategy
formulation whereby a Leadership Workshop was conducted to define
organizational goals for the next five years resulting in Mission 10Gigawatt under
which, to build a culture of agility and improve Employee Engagement score,
various HR initiatives were launched. In a planned approach, dipsticks were
conducted in-line with the engagement survey scores. Based on the inputs from
the dipstick, “Connect workshops” were conducted to promote collaboration at
the workplace and “Lead with conversations” workshops for managers were
conducted to nurture trust-based relationships between the managers and their
subordinates.

4. Elevation: To enhance employee morale and ownership, we recognised our

employees for their constant contribution to the organization. Employees were
felicitated for their long association with the organization through LAMHE awards.
Similarly, to drive ownership among employees, Kaizen awards and employee of
the month awards were given to the employees.

Training and Development: JSW Energy strongly believes in consistent

development and improvement of its human capital and recognizes it as a key to
a successful organization. During the year, we continued our flagship leadership
development program, Future Fit Leaders (FFL). Eight of our employees were
shortlisted for the FFL program at Tier I institutes such as Cornell University, IIM
Bangalore, Indian School of Business Hyderabad and IIM Ahmedabad. As our
effort to promote diversity in the organization, two of our women employees
were also selected for development program at IIM Bangalore under the
Springboard program. Additionally, we organized multiple strategic training
programs in functional, behavioral, technical, safety and Total Quality
Management categories. As our business is headed towards a strong growth, we
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started Diploma in Solar to develop internal talent for upcoming growth
opportunities in new business verticals.

UMANG: UMANG has been an integral part of our human resource development
initiatives since nine years. It provides a platform to connect our employees with
each other. Under this program, we conduct team based interactive games and
contests where teams are formed across cross section of hierarchy, department,
gender, and age, thereby building strong bonds among the employees. This helps
them in building networks and trust, sharing and instilling spelling agility in the
system. During FY2020, our initiative ‘Lose For the Gain’ was launched with an
aim to increase cross functional interaction among the diverse teams to build
agility in the system. Through this, we have also promoted the importance of
physical well-being by incentivizing the teams to achieve the desired BMI range.

KEY PERFORMANCE HIGHLIGHTS:

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CSR Activities

1. Health and Nutrition

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The pandemic has brought to the fore the importance of strong healthcare systems,
especially in the hinterlands of the country. While under nourishment continues to
plague India, limited access to healthcare services especially for mothers and
children stands out as a serious problem. It is imperative for us to revitalize the
situation and ensure the communities are well protected and receive the care they
need to lead healthy lives.
The JSW Foundation strategies its efforts to enhance health and nutrition services
of the healthcare system by increasing awareness, contributing to infrastructure
development, and encouraging community engagement to support the nation’s
efforts. Some of these initiatives are listed below:
● Augmenting healthcare delivery through building of multi-specialty
hospitals, supporting government facilities such as Primary Health Centers
(PHCs), hospitals, and special care units
● Providing access to safe, effective and affordable health care services.
● Maintaining strong focus on early childhood nutrition and healthcare
through the strengthening of Anganwadis and Capacity building of
Anganwadi Workers (ANWs)
● Conducting outreach camps to make communities aware of the available
solutions.
● Supporting strong referral networks in remote areas and providing
ambulance services for timely healthcare delivery.

2. Sports Promotion and Development

JSW Foundation nurtures rural talent, provides holistic and integrated solutions
ranging from infrastructures, equipment, training of trainers to partner with
government bodies and other associations for their growth. With the hope of
bringing powerful transformation in the field of sports in the India, the Foundation
provides a strong support system for our country’s institution and its sportspersons.
Through project Shikar, the foundation has successfully trained 200+children in
the art of boxing and prepared them for high-level sport events.

SHIKHAR-India's Fearless Fighters

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Though SHIKHAR fellowship, JSW Hydro Energy intends to motivate boxers to
perform better. Under this initiative, JSW distributed shikhar fellowship to 12
boxers and their coaches for the performance in National Boxing Championship at
Sonipat, Haryana reaffirming full commitment to take this boxing sport to the
next level.

Medal Tally
S.No Medals Internatio State District Total
nal National
1 Gold 2 7 86 33 128
2 Silver 1 7 30 20 58
3 Bronze 1 12 30 18 61
Tota 4 26 146 71 247
l

3. Educational and Learning

Our education programs focus on various aspects such as construction and
maintenance of schools infrastructure, interventions in early childhood education,
e-learning, scholarship, teacher training, remedial classes, additional teacher
support, career guidance, exposure to science and math activities, provision of
science labs and libraries and mid-day meals. There were 38 student beneficiaries
of the JSW UDAAN Scholarship during FY 2021-22.

4. Skill Development and Livelihoods

The Human Development Report states that approximately about one in five
Indians is ‘skilled’. To leverage India’s unique demographic advantage with 60% of
youth population, we are focusing on increasing the employability of graduates

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and women in rural areas with innovative solutions and vocational training at the
grassroot level.
Farmer Training and Capacity Building Program is our CSR initiative in Chiplun
which promotes medical farming and plantation with 134 farmers across 52-acres
of land. The farmers are also trained on organic farming through field teams and
continuous support is leveraged through mentorship programs and government
initiatives.

5. Charkha
CHARKHA being one of the core programs of JSW Hydro Energy provides a year-
long training to women across 12 centers by professional trainers. This training
aims at providing financial independence to women and helps them sustain their
livelihood. Under this initiative, 350 women artisans have been trained across 17
training centers. Currently, JSW plans to encourage the program by linking the
trainees with production and marketing through formation of an Off Farm
Producers Organization (OFPO). JSW would support this OFPO and also take
assistance from NABARD in strengthening the OFPO through training,
diversification and setting up marketing linkages. Women from CHARKHA Centers
also participated in a four-day online Hathkargha Conclave 2021, organised by
NIFT Kangra from 4th to 7th August, 2021, to celebrate 7th National Handloom Day
encompassing sessions on problems addressed by weavers, handicraft product
display technique, use of textile waste in accessories and product development,
natural dyeing on woollen yarns, digital marketing, branding and promotion and
sustaining the Handloom Heritage of India.

6. Rural Development
As a part of the Rural Development initiative, we are working to improve the
quality of life of people in rural areas and foster their economic well-being. These
areas are often isolated and sparsely populated. Under the rural development
initiative, we installed over 500 solar lights, renovated two schools, and
augmented construction of new community buildings.

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 The “GharGharAushadhiYojana” of the state government aims to provide
medicinal plants namely Tulsi, Ashwagandha, Gilloy and Klamath herbs to each
and every household. Under this scheme, each family shall be entitled to receive
24 saplings, starting with saplings in the first year that aggregates to more than 30
crore saplings.

7. COVID-19 response
To combat the pandemic times, we partnered with the government to support
the fight against the various through our multi-pronged approach. This was
implemented at the grassroots level. Ensuring our complete support to the nation
and its people, we provisioned protective gear, masks, food, and sanitizers. We
also provided logistic support to frontline workers to ensure better outreach, set
up isolation wards and quarantine facilities, and raise community awareness
through these outreach camps.
The foundation also helped in the expansion of infrastructure at hospitals,
primary health centers (CHCs) through the distribution of ventilators, surgical
equipment and liquid oxygen. The team members and community volunteers
played an exemplary role in displaying courage and mobilizing rapidly to ensure
our complete support to these communities.

JSW Steel Ltd. (JSWSTEEL) - Competitiors

Top of Form

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 Exchange:

Bottom of Form
Top of Form
Bottom of Form
COMPANY Last Market Sales Net Profit Total
Price Cap. Turnover Assets
(Rs. cr.)
JSW Steel 576.35 139,315.32 118,820.00 16,702.00 120,044.00
Hindustan Zinc 285.35 120,568.94 29,440.00 9,630.00 38,362.00
Coal India 193.30 119,125.57 762.23 7,640.10 21,958.85
Tata Steel 883.60 107,914.96 129,021.35 33,011.18 172,740.62
Vedanta 227.90 84,714.99 37,440.00 10,503.00 112,785.00
Hindalco Inds. 350.60 78,786.83 42,701.00 993.00 71,734.00
Jindal Steel 345.40 35,234.25 33,346.19 7,154.31 54,907.70
NMDC 99.90 29,276.69 15,370.06 6,253.05 32,700.34
SAIL 69.30 28,624.57 69,110.02 3,850.02 87,368.39
APL Apollo 868.95 21,749.82 6,007.96 153.78 1,997.98
Tubes
Natl. 70.25 12,902.40 8,955.79 1,299.53 11,813.17
Aluminium
Ratnamani 1,734.30 12,157.44 3,138.78 322.39 2,406.53
Metals
KIOCL 194.90 11,845.05 2,383.61 301.17 2,201.26
Hindustan 87.60 8,471.10 1,786.76 109.98 2,285.92
Copper
Shyam Metalics 286.75 7,314.42 3,023.74 438.90 2,898.00

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 Lloyds Metals 146.40 6,510.41 253.41 0.13 624.96
Jindal Stain. 109.20 5,738.46 11,679.14 427.92 6,452.74
Welspun Corp 209.50 5,466.69 5,287.87 485.72 4,518.75
Jindal Stain. Hi 211.25 4,984.44 8,399.70 477.78 3,712.80
Apollo Tricoat 763.90 4,644.51 1,472.81 105.01 387.97

Market Share
Market capitalization of JSW Steel (JSWSTEEL.NS)
Market cap: $17.41 Billion
As of July 2022 JSW Steel has a market cap of $17.41 Billion. This
makes JSW Steel the world's 915th most valuable company by market
cap according to our data. The market capitalization, commonly called
market cap, is the total market value of a publicly traded company's
outstanding shares and is commonly used to measure how much a
company is worth.
Market cap history of JSW Steel from 2006 to 2022

Year Market cap Change

2022 $17.41 B -17.91%
2021 $21.21 B 66.74%
2020 $12.72 B 39.83%
2019 $9.09 B -13.67%
2018 $10.53 B 3.56%
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 2017 $10.17 B 76.04%
2016 $5.78 B 53.92%
2015 $3.75 B -5.99%
2014 $3.99 B 0.34%
2013 $3.98 B 20.33%
2012 $3.30 B 54.97%
2011 $2.13 B -56.54%
2010 $4.91 B 20.29%
2009 $4.08 B 358.02%
2008 $0.89 B -83.1%
2007 $5.27 B 282.91%
2006 $1.37 B

NET WORTH
The JSW Group is a multi-business conglomerate worth Rs. 717 billion
(US$11 billion). The group's companies are
● JSW Steel Ltd.
● JSW Energy Ltd.
● JSW Holdings Ltd.
● JSW Infrastructure Ltd.
● Vijay agar Minerals Pvt. Ltd.
● Jindal Praxair Oxygen Co. Ltd.
● JSoft Solutions Ltd.
● JSW Building Systems Ltd.

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 ● JSW Sports
● JSW Cement
● JSW Sever field structures Limited

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