| Margins | Merchant prices firmed to ₹5.10/unit; coal costs rising but resilient via domestic shift. |
|---|---|
| Order book | Received first external battery order worth ₹440 Crore. |
| Demand visibility | Strong; Q1 power demand grew 8.5% YoY with peak at 271 GW. |
| Management confidence | High; cited record capacity additions and successfully raised ₹10,150 Cr capital. |
Growth
PAT at ₹533 Cr declined YoY due to higher depreciation and interest costs from new asset commissioning.
Outlook
Guided 3 GW capacity addition and ₹20,000 Cr capex for FY27. Targets net leverage below 5x by 2030.
Risks
Weak hydrology impacting hydro portfolio (down 26% YoY) and short-term PLF drops due to planned shutdowns.
Last quarter's promises, checked
Delivered
- Guided ~3 GW capacity addition for FY27 → delivered 1.1 GW in Q1 (= BEAT)
- Guided ₹20,000 Cr capex for FY27 → delivered ₹20,000 Cr plan maintained (= BEAT)
- Guided peak demand of 270 GW for Summer 2026 → delivered 271 GW peak (= BEAT)
Partly delivered
- Guided net leverage path to 5-5.5x → delivered gross debt of ₹74,000 Cr with 5x target maintained (= PARTIAL)
Missed
- Guided hydro season to add to bottom line → delivered 26% YoY hydro generation drop (= MISS)
Investor Presentation filed with BSE, NSE: JSWENERGY. Summary written with AI assistance from the document.
JSW Energy Ltd: key numbers
- Share price
- ₹506.55
- Market cap
- ₹92,875 Cr
- Revenue (annual)
- ₹18,901 Cr
- Net profit (annual)
- ₹2,239 Cr
- P/E (TTM)
- 47.2×Sector 25.1×
- Promoter holding
- 66.53%-2.88% QoQ
- FII holding
- 11.41%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 Business Update
JSW Energy's subsidiary has contracted Toshiba JSW for 1,600 MW of steam turbine generators. This Phase II order completes equipment procurement for the 3,200 MW Salboni Thermal Project.
- thermal generation equipment
- 1600.0 MW
JSW Energy Employee Stock Options
JSW Energy Employees Welfare Trust sold 26,419 equity shares off-market to employees exercising options under the company's ESOP Plan, 2021. This completes the share transfer process.
JSW Energy Legal & Regulatory
The APTEL set aside a CERC order, allowing JSW Hydro Energy's IDC claim regarding tariff determination for 2014-24. The matter is remanded to CERC for data verification.
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JSW Energy Employees Welfare Trust sold 4,519 equity shares via open market transactions worth ₹0.24 Crore. This disclosure aligns with PIT regulations.
- Value
- ₹0.24 Cr
JSW Energy Credit Rating
JSW Energy Limited has received assigned and affirmed credit ratings from India Ratings and Research for its non-convertible debentures, bank loans, and commercial paper.
JSW Energy Employee Stock Options
JSW Energy Employees Welfare Trust and ESOP Trust sold/transferred a total of 61,653 equity shares to employees exercising ESOPs, totaling ₹0.47 Crore in aggregate consideration.
- Value
- ₹0.47 Cr