better
Everyday

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Better Everyday

At JSW Steel, we believe that excellence is a moving target. From profitability to sustainability, we are constantly setting benchmarks and strive to outdo ourselves, every day.

Our commitment to be ‘better’ is reflected in our journey to be more responsible, more efficient and more value-driven. Together with our business objectives, we nurture an unwavering ESG focus, which guides every decision we make and every action we take.

As we gear for a new and dynamic era for India and the world, we believe that our efforts towards being better every day will drive lasting value for all our stakeholders, and usher in a stronger tomorrow for everyone.

FY 2019-20 summary

We effectively utilised our resources and delivered production at scale

16.06 MnT

Crude steel produced

~48%

Contribution of value-added and special products (VASP)

89%

Capacity Utilisation

` 73,326 crore

Total Revenue From Operations

` 10,200 crore

Capex Spend

US$ 117

Conversion Cost/Tonne

~5.5 lakh

Direct and indirect CSR beneficiaries

Continued recognition in quality

JSW Salem Works awarded the prestigious Deming Prize for outstanding practices in continuous improvement...

Pursuing inorganic growth

Completed the acquisition of Vardhman Industries Limited (VIL), further enriching product mix...

Progressing on backward integration

  • Operationalised all six captive iron ore mines in Karnataka and declared preferred bidder...

Pledging our support

JSW Group pledged to contribute `100 crore to PM CARES Fund and community assistance...

Emerging stronger and better every day

"WE EMERGED AS A PREFERRED BIDDER FOR FOUR IRON ORE MINES IN ODISHA, AND ADDITIONAL THREE MINES IN KARNATAKA, WITH AGGREGATE RESERVES OF CLOSE TO 1.2 BILLION TONNES."

Sajjan Jindal Chairman and Managing Director

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Being game changers

WE ARE WORKING TOWARDS REDUCING OUR FIXED COST BASE BY 10-15% AND FURTHER CONTROL OUR CONVERSION COST, WHICH IS ALREADY ONE OF THE LOWEST IN THE INDUSTRY.

Seshagiri Rao M.V.S Joint Managing Director & Group CFO

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Expanding Capacities to realise India’s Ambitions
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Making circular economy in steel a reality
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A significant step towards iron ore security
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Nurturing a culture of learning and development
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Executing successful and successive fundraises
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Digitalisation to stay ahead of the curve
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Feature Stories

Operationalising the world’s largest pipe conveyor system
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Building a resonating consumer brand
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Battling A Pandemic. Together.
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A conscious call to eliminate single-use plastic
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Our growth roadmap

Strategic growth

S1

Expanding our installed capacity through organic and inorganic routes to capitalise on opportunities and align with India’s growth story

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Diversification of product profile and customer base

S2

Innovating and offering value-added and differentiated products with a strong branded portfolio

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Backward integration and raw material security

S3

Securing raw material supply through captive mines, long-term contracts, and an efficient supply chain

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Focus on resource optimisation

S4

Achieving cost efficiency and maximising resource utilisation through varied interventions across operations

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Prudent financial management

S5

Maintaining an optimal capital mix and diversifying our debt profile, while powering our growth ambitions

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Mainstreaming sustainability in business imperatives

S6

Embedding economic, environmental, human and social sustainability into everything we do to create value for our stakeholders

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Sustainability

Our framework, policies and focus areas

At JSW, we have developed a sustainability framework based on 17 key areas across various ESG facets

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Materiality

As a rapidly growing organisation, our material issues remain dynamic, and proactively sensing them and acting upon them have been the hallmarks of our success.

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Risk
Management

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Management discussion & Analysis

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Financial
Statements

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