ALFA Finder| Revenue growth | 78% YoY in Q1 FY26 |
|---|---|
| Margins | EBITDA margin significantly improved through strategic acquisitions and capacity scaling |
| Order book | 13 GW under-construction portfolio fully tied up under long-term PPAs |
| Demand visibility | Structurally optimistic about strong medium-term power demand in India |
| Management confidence | High; citing robust growth momentum and disciplined strategy execution |
Growth
Net generation rose 71% YoY to 13.5 BUs. Revenue increased 78% YoY to over ₹5,400 crore.
Outlook
Targeting 3-4 GW capacity addition in FY26; full-year capex guided at ₹15,000-18,000 crore. Aiming for 30 GW by 2030.
Risks
Early monsoon onset impacted solar irradiation and PLFs; hydro free power obligations increased due to court rulings.
Last quarter's promises, checked
Delivered
- Guided 2.6 GW capacity addition in FY26 → delivered 2.6 GW (= BEAT)
- Guided ₹11,000 Cr+ EBITDA for FY26 → delivered ₹11,041 Cr (= BEAT)
- Guided 1.2 GW organic capacity addition → delivered 1.2 GW (= BEAT)
Partly delivered
- Guided 3 GW capacity addition for FY27 → current call maintains 3-4 GW target (= PARTIAL)
Missed
- Guided ₹20,000 Cr capex for FY26 → delivered ₹15,000-18,000 Cr range (= MISS)
Earnings Call filed with NSE, NSE: JSWENERGY. Summary written with AI assistance from the document.
JSW Energy Ltd: key numbers
- Share price
- ₹514.55
- Market cap
- ₹94,342 Cr
- Revenue (annual)
- ₹18,901 Cr
- Net profit (annual)
- ₹2,239 Cr
- P/E (TTM)
- 40.7×Sector 21.5×
- Promoter holding
- 66.53%+0.00% QoQ
- FII holding
- 10.91%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from JSW Energy Ltd
All →JSW Energy Employee Stock Options
JSW Energy's employee welfare trust sold 637 shares on NSE in November 2026. Sales total about Rs.0.03 Crore, leaving 450,726 shares held.
- Value
- ₹0.03 Cr
JSW Energy Debt & Borrowing: ₹20.13 Cr
JSW Energy paid Rs.20.13 Crore interest on its Rs.250 Crore NCDs on the due date. No delay or non-payment was reported.
- Value
- ₹20.13 Cr
JSW Energy Employee Stock Options
JSW Energy's employee welfare trust sold shares to employees exercising ESOP options between 2 and 5 November 2026. Disposals total about Rs 0.50 Crore.
- Value
- ₹0.50 Cr
JSW Energy Credit Rating
JSW Energy disclosed that India Ratings assigned IND AA-/Stable to bank loan facilities of three step-down subsidiaries on 6 November 2026. The action is a credit rating assignment for subsidiary debt facilities.
JSW Energy Production Started
JSW Energy added 1,784 MW of generation capacity since April 2026, taking installed capacity to 15,237 MW. Renewables now make up about 61% of its operational portfolio.
- generation capacity added since April 2026
- 1784.0 MW
JSW Energy Annual General Meeting
JSW Energy's members passed the ordinary resolution appointing Sanjay Sagar as Non-Executive, Non-Independent Director via postal ballot. Votes in favour were 99.94% of votes polled.