JSW Holdings has rewarded its long-term investors with a staggering 11,454% return over the last 20 years, with its stock price soaring from ₹226 in 2005 to ₹26,420 in 2024.
What Does the Company Do?
JSW Holdings Ltd is a core investment company engaged primarily in the business of investments and funding. The company generates most of its income from interest and dividends. A major part of its portfolio includes a significant stake in JSW Steel, a leading global player in the steel industry.
Currently, the promoter group holds 66.29% of the company’s shares, foreign investors hold 22.62%, and retail investors own 10.88%.
Financial Performance
Despite its long-term success, JSW Holdings faced a decline in revenue and profit in the last fiscal year:
- Revenue FY2024: ₹169.56 crore
- Revenue FY2023: ₹406 crore
- Net Profit FY2024: ₹111.65 crore
- Net Profit FY2023: ₹299.61 crore
Both Return on Equity (ROE) and Earnings Per Share (EPS) also witnessed a dip in FY2024 compared to the previous year. However, the stock still managed to deliver a phenomenal 293.64% return in just the past year, reinforcing its multibagger status.
Final Word
Despite short-term fluctuations in financials, JSW Holdings has proven to be a wealth creator for patient investors. Its connection with JSW Steel and consistent long-term growth make it an attractive pick for those seeking value in the stock market.
Disclaimer: This article is for informational purposes only. Please consult your financial advisor before making any investment decisions. India TV bears no responsibility for financial risks.
Comments are closed.