JSW Cement Limited DCF Valuation
JSWCEMENT · Construction Materials · Current price ₹114.9
JSW Cement Limited cash-flow valuation
Our engine did not use a discounted-cash-flow model for JSW Cement Limited. It routes each business to the methods that suit it, and a DCF is a poor lens where cash-flow forecasts are fragile or the business is capital-structure driven. The methods it did use, and why, are set out below. Our published estimate is ₹166.
Try your own assumptions
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How we got this fair value
Every number below is part of the same estimate for JSW Cement Limited. Nothing here is a target price or a forecast of where the share price will go.
Workable, with real gaps. Weigh it alongside your own view rather than on its own.
Estimate range ₹150 – ₹183
Why this method for this business
Cement is a cyclical business, so normalized mid-cycle earnings and EV/EBITDA are the most appropriate models. These models capture the sector's sensitivity to macroeconomic cycles and capital intensity.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
Cyclical valued off mid-cycle earnings and a through-cycle EV/EBITDA (§6.6)
required inputs missing
- relative_pe: Not used due to lack of reliable sector P/E data and the cyclical nature of the business
- ev_ebitda: Used with lower weight due to the need for more conservative assumptions about EBITDA margins and growth
What was missing
- Lack of historical P/E data for sector normalization
- Limited analyst dispersion data for risk assessment
What drives it
7 inputs, grouped by how strong each claim is
- Revenue (TTM)
- 6,501 ₹ cr
- Net debt
- 4,017.1 ₹ cr
- Shares outstanding
- 1,36,52,34,375
computed
computed
computed
- EBITDA margin (cycle median)
- 14%
- Through-cycle EV/EBITDA
- 29.34×
computed (≤5y median)
own-history (median of 4y)
- Mid-cycle EBITDA
- 910.1 ₹ cr
- Enterprise value
- 26,703.5 ₹ cr
computed
computed
Who computed this
A language model (qwen3:8b) selects the valuation method and the judgement inputs for JSW Cement Limited: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.
Estimated 14 Sept 2026. Re-run as new financials and news arrive.
How we value stocks
We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.
Read the full fair-value methodologyMore on JSW Cement Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.