JSW Steel Declares ₹2.80 Final Dividend Per Share Ahead of AGM Approval

Mumbai, 7 July 2025: JSW Steel Limited has declared a final dividend of ₹2.80 per equity share for the financial year ended 31 March 2025. Shareholders whose names appear on the company’s records as of 8 July 2025 will be eligible to receive the dividend, subject to approval at the upcoming 31st Annual General Meeting (AGM).

On 7 July 2025, JSW Steel Ltd’s share price showed a marginal uptick, trading at ₹1,043.00, up by ₹1.60 or 0.15% as of 9:48 am IST. The stock opened at ₹1,041.00, touched a high of ₹1,044.50, and a low of ₹1,035.30, reflecting stable investor sentiment following the dividend announcement. With a market capitalisation of ₹2.54 lakh crore, a P/E ratio of 72.79, and a dividend yield of 0.27%, the stock remains steady. Its quarterly dividend amount stands at ₹0.70, indicating continued shareholder focus.

Dividend Announcement Reflects Continued Commitment to Shareholder Value

The Board of Directors has proposed a final dividend of ₹2.80 per fully paid-up equity share with a face value of ₹1, representing a 280% payout. The dividend recommendation will be tabled for approval during the AGM scheduled for Friday, 25 July 2025.

Upon shareholder approval, the dividend will be credited or dispatched within 30 days of the AGM, after deducting applicable taxes. This move underscores the company’s ongoing commitment to returning value to its investors, despite a slightly reduced payout compared to the previous year.

FY25 Financial Performance Signals Operational Strength

JSW Steel reported solid financial results for FY25, supported by steady demand and efficient operations. Key figures include:

• Quarterly Revenue (Q4 FY25): ₹44,819 crore
• Annual Revenue (FY25): ₹1,68,824 crore
• Operating EBITDA: ₹6,378 crore in Q4 and ₹22,904 crore for the full year
• Net Profit: ₹1,501 crore for Q4 and ₹3,491 crore for FY25

These results reflect resilient performance despite global economic pressures, enabling the company to continue rewarding shareholders while maintaining capital strength for future investments.

Share Price Moves Slightly Ahead of Record Date

JSW Steel’s stock showed mild movement in the trading session prior to the dividend record date. On 4 July 2025, the stock opened at ₹1,051.70 and closed at ₹1,040.00, marking a 0.58% decline. The day’s low of ₹1,032.10 indicated cautious investor sentiment, possibly in anticipation of the upcoming dividend eligibility deadline.

Part of a Diversified USD 23 Billion Business Group

JSW Steel is the flagship company of the JSW Group, a multi-sector conglomerate active in steel, energy, infrastructure, cement, paints, sports, and venture capital. The group holds an estimated valuation of USD 23 billion, reinforcing JSW Steel’s position within a financially robust and strategically diversified enterprise.

Current Dividend Lower Than Last Year, Yet Maintains Stability

In the previous fiscal year (FY24), JSW Steel declared a final dividend of ₹7.30 per share, with a record date of 9 July 2024. While the current dividend of ₹2.80 per share marks a reduction, it still reflects the company’s consistent return policy and prudent capital management.

Investors are advised to hold JSW Steel shares as of 8 July 2025 to qualify for the dividend. The final distribution will depend on shareholder approval at the AGM.

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