JSWSTEEL

l share price in focus: Company delivers upbeat Q4FY26, brokerages see up to 15% upside; revenue jumps 14%

SW Steel reported a strong performance for the fourth quarter of FY26, with revenue rising 14.2 per cent year-on-year to Rs 51,180 crore, supported by firm realisations and improved operating metrics. Profit surged sharply, while EBITDA growth and margin expansion underscored the company’s operational strength. Following the results, major brokerages maintained bullish ratings on the stock, citing aggressive capacity expansion plans, deleveraging efforts, and improving demand outlook, with potential upside of up to 15 per cent from current levels.