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Copyright © 2025 Knowtilus Technologies Pvt. Ltd.
SummaryLatest NewsSector ComparisonEarnings ReportRevenue & GrowthPeersIncome StatementBalance SheetCash Flow
JSWENERGY logo

JSWENERGY - JSW Energy Limited Share Price

Power

₹473.15-0.80(-0.17%)
Market Closed as of Feb 6, 2026, 15:30 IST

Valuation

Market Cap78.91 kCr
Price/Earnings (Trailing)34.6
Price/Sales (Trailing)4.26
EV/EBITDA14.5
Price/Free Cashflow-33.38
MarketCap/EBT36.79
Enterprise Value1.43 LCr

Fundamentals

Growth & Returns

Price Change 1W-5.5%
Price Change 1M-11.6%
Price Change 6M-15.5%
Price Change 1Y-11.2%
3Y Cumulative Return27%
5Y Cumulative Return44.5%
7Y Cumulative Return31.1%
10Y Cumulative Return20.4%
Revenue (TTM)
18.52 kCr
Rev. Growth (Yr)61.2%
Earnings (TTM)2.6 kCr
Earnings Growth (Yr)235.8%

Profitability

Operating Margin12%
EBT Margin12%
Return on Equity8.24%
Return on Assets2.29%
Free Cashflow Yield-3%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-23.61 kCr
Cash Flow from Operations (TTM)3.84 kCr
Cash Flow from Financing (TTM)20.22 kCr
Cash & Equivalents3.68 kCr
Free Cash Flow (TTM)-2.87 kCr
Free Cash Flow/Share (TTM)-16.42

Balance Sheet

Total Assets1.14 LCr
Total Liabilities82.08 kCr
Shareholder Equity31.6 kCr
Current Assets13.76 kCr
Current Liabilities17.89 kCr
Net PPE59.6 kCr
Inventory978.4 Cr
Goodwill639.82 Cr

Capital Structure & Leverage

Debt Ratio0.6
Debt/Equity2.16
Interest Coverage-0.56
Interest/Cashflow Ops2.25

Dividend & Shareholder Returns

Dividend/Share (TTM)2
Dividend Yield0.42%
Shares Dilution (1Y)0.00%
Shares Dilution (3Y)6.3%
Pros

Balance Sheet: Reasonably good balance sheet.

Growth: Awesome revenue growth! Revenue grew 54.1% over last year and 72.9% in last three years on TTM basis.

Past Returns: Outperforming stock! In past three years, the stock has provided 27% return compared to 12.8% by NIFTY 50.

Profitability: Recent profitability of 14% is a good sign.

Size: It is among the top 200 market size companies of india.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -11.6% in last 30 days.

Technicals: SharesGuru indicator is Bearish.

Insider Trading: Significant insider selling noticed recently.

Smart Money: Smart money is losing interest in the stock.

Price to Sales Ratio

Latest reported: 4.3

Revenue (Last 12 mths)

Latest reported: 18.5 kCr

Net Income (Last 12 mths)

Latest reported: 2.6 kCr
Pros

Balance Sheet: Reasonably good balance sheet.

Growth: Awesome revenue growth! Revenue grew 54.1% over last year and 72.9% in last three years on TTM basis.

Past Returns: Outperforming stock! In past three years, the stock has provided 27% return compared to 12.8% by NIFTY 50.

Profitability: Recent profitability of 14% is a good sign.

Size: It is among the top 200 market size companies of india.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -11.6% in last 30 days.

Technicals: SharesGuru indicator is Bearish.

Insider Trading: Significant insider selling noticed recently.

Smart Money: Smart money is losing interest in the stock.

Investor Care

Dividend Yield0.42%
Dividend/Share (TTM)2
Shares Dilution (1Y)0.00%
Earnings/Share (TTM)13.05

Financial Health

Current Ratio0.77
Debt/Equity2.16

Technical Indicators

RSI (14d)37
RSI (5d)27.41
RSI (21d)43.65
MACD SignalSell
Stochastic Oscillator SignalHold
SharesGuru SignalSell
RSI SignalHold
RSI5 SignalBuy
RSI21 SignalHold
SMA 5 SignalBuy
SMA 10 Signal

Latest News and Updates from JSW Energy

Updated Aug 4, 2025

The Bad News

Goodreturns

Despite the strong earnings report, JSW Energy shares have declined 20.01% year-to-date, closing at Rs 514.95.

NewsBytes

While the company reported impressive operational metrics, its share price performance has not reflected this growth, leading to investor concerns.

Devdiscourse

The stock's recent decline, despite positive financial results, highlights a disconnect between market performance and operational success.

The Good News

Summary of Latest Earnings Report from JSW Energy

Summary of JSW Energy's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

In the earnings conference call for Q3 FY '26, management provided an optimistic outlook, emphasizing the resilience of power demand and operational growth despite recent challenges. One key point highlighted was the overall power demand growth for December 2025 at 6.5% year-on-year, with the initial 20 days of January 2026 maintaining a similar growth rate of 6%. Management noted an all-time high peak power demand of 241 GW in December 2025, compared to 224 GW in the same quarter last year.

Despite a 0.5% growth in overall power demand for the year-to-date period ending December 2025, management anticipated strong long-term demand growth, attributing recent softness to weather conditions. They reported a total of 12.8 GW of thermal capacity bids and a notable increase in storage bids"”from 1.6 GW in FY25 to 7.6 GW in the current fiscal year.

Management locked in 18.7 GW of incremental capacity in generation and 29.6 GW hour in storage, targeting over 30 GW in generation and 40 GW hour in storage by 2030. The company reported a 65% year-on-year growth in power sales for Q3 FY26, with a 62% increase in net generation year-on-year for the nine-month period. Long-term PPAs accounted for 82% of total power sales.

Financially, the company reported a 61% increase in revenue to Rs.4,255 crores and a 98% rise in EBITDA to Rs.2,202 crores. Notably, profit after tax surged by 150% to Rs.420 crores, alongside a deferred tax asset recognition of Rs.557 crores due to future taxable profits from a 25-year power purchase agreement.

Key forward-looking points include:

  1. Capacity Additions: Aiming for 1.5 GW commissioning in H2 FY26 and plans for 30 GW by 2030.
  2. Financial Strength: Strong cash and liquidity position, with Rs.7,100 crores in cash and equivalents.
  3. Operational Developments: Successful commissioning of India's largest green hydrogen plant and ongoing strategic acquisitions in the thermal space.

The management remains positive about achieving future growth while navigating near-term market dynamics.

Share Holdings

Understand JSW Energy ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
JSW INVESTMENTS PRIVATE LIMITED17.82%
INDUSGLOBE MULTIVENTURES PRIVATE LIMITED14.65%
SIDDESHWARI TRADEX PRIVATE LIMITED13.21%
JSL LIMITED8.32%
LICI ULIP-GROWTH FUND7.17%
VIRTUOUS TRADECORP PRIVATE LIMITED4.9%
JSW STEEL LIMITED4.88%

Is JSW Energy Better than it's peers?

Detailed comparison of JSW Energy against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
NTPCNTPC3.45 LCr1.9 LCr-0.50%+8.10%14.271.81--
POWERGRIDPOWER GRID Corp OF INDIA2.39 LCr48.3 kCr

Sector Comparison: JSWENERGY vs Power

Comprehensive comparison against sector averages

Comparative Metrics

JSWENERGY metrics compared to Power

CategoryJSWENERGYPower
PE35.2319.04
PS4.342.67
Growth54.1 %5.1 %
67% metrics above sector average
Key Insights
  • 1. JSWENERGY is among the Top 3 Power Generation companies by market cap.
  • 2. The company holds a market share of 6.4% in Power Generation.
  • 3. In last one year, the company has had an above average growth that other Power Generation companies.

What does JSW Energy Limited do?

Power Generation•Power•Mid Cap

JSW Energy is a Power Generation company, prominently trading under the stock ticker JSWENERGY. With a market capitalization of Rs. 83,228.8 Crores, it plays a vital role in generating and selling power across India.

The company boasts a total power generation capacity of 7,245 MW, which is composed of:

  • 3,508 MW from thermal sources
  • 1,391 MW from hydroelectric power
  • 1,671 MW from wind energy
  • 675 MW from solar power

JSW Energy conducts operations in several Indian states, including Karnataka, Punjab, Maharashtra, Tamil Nadu, Himachal Pradesh, Odisha, Andhra Pradesh, Telangana, Madhya Pradesh, Gujarat, and Rajasthan. In addition to power generation, it is involved in power transmission and trading activities, as well as coal mining operations in South Africa.

Founded in 1994 and based in Mumbai, India, the company reported a trailing 12 months revenue of Rs. 12,021.5 Crores. It offers dividends to its investors with a yield of 0.58% per year and distributed Rs. 4 as a dividend per share over the last year.

JSW Energy has experienced a dilution of its shareholders' equity, reducing their stakes by 6.3% over the past three years. On a positive note, the company has proven to be profitable, with a profit of Rs. 1,913.6 Crores recorded in the last four quarters, and a robust revenue growth of 56.2% during the same period.

Industry Group:Power
Employees:2,500
Website:www.jsw.in

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Sell
SMA 20 SignalSell
SMA 50 SignalSell
SMA 100 SignalSell
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Performance Comparison

JSWENERGY vs Power (2021 - 2026)

Although JSWENERGY is underperforming relative to the broader Power sector, it has achieved a 13.7% year-over-year increase.

Sharesguru Stock Score

JSWENERGY

61/100
Sharesguru Stock Score

JSWENERGY

61/100
Devdiscourse

JSW Energy's consolidated net profit soared by 42% to Rs 743 crore for Q1 FY26, driven by strategic capacity additions and a strong focus on renewable energy.

Goodreturns

The company reported a 78% year-on-year increase in revenue, reaching Rs 5,411 crore, supported by significant growth in electricity generation and EBITDA margins.

The Financial Express

Brokerages like Axis Securities maintain a bullish outlook on JSW Energy, setting a target price of Rs 705, suggesting a 37% upside potential.

Updates from JSW Energy

Analyst / Investor Meet • 30 Jan 2026
Analyst / Institutional Investors Meeting
Analyst / Investor Meet • 29 Jan 2026
Analyst / Institutional Investors Meetings
General • 29 Jan 2026
sition of Tidong Power Generation Private Limited by JSW Neo Energy Limited - Update
Clarification • 29 Jan 2026
The Exchange has sought clarification from JSW Energy Ltd on January 29, 2026, with reference to news appeared in https://economictimes.indiatimes.com dated January 29, 2026 quoting "JSW ....
Earnings Call Transcript • 28 Jan 2026
The transcript of the Results Conference Call scheduled on Friday, 23rd January, 2026, at 7.00 p.m. (IST), to discuss the Company's unaudited Standalone and Consolidated Financial Results ....
• 23 Jan 2026

This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.

Q&A Summary from JSW Energy Q3 FY '26 Earnings Conference Call

Question 1: "Could you outline the PPA details for the first 1,600 MW and the subsequent 1,600 MW PPA that you've entered with West Bengal? What is the likely capex phaseout for this mega project?"
Answer: The PPA timelines are 48 months for the first unit and 54 months for the second unit. The investment for Phase 1 is around Rs.16,000 crores for 2 * 800 MW. We're on track to complete Phase 1 within these timelines and have our supply chains under control.


Question 2: "What is the tariff arrangement here, what is fixed and variable, and what are the details?"
Answer: For the first bid, the tariff is Rs.3.65 per unit and for the second, Rs.4.06. These are fixed charges, and the fuel pricing is pass-through, utilizing a heat rate of 2350.


Question 3: "Given the grid constraints, how much renewable capacity would you be able to close the year by?"
Answer: We are aiming for 1.5 GW of fresh capacity in the second half of this fiscal, and we are progressing well with our advanced grid connectivity. For FY '27, we are assessing our plans while ensuring factors like STU connectivity protect us from challenges.


Question 4: "What is the capacity for the recent PPA at Utkal with Karnataka, and what is its fixed tariff?"
Answer: The Utkal PPA is for a net capacity of 400 MW with a fixed tariff of Rs.5.8 per unit for 25 years, which is scalable.


Question 5: "What is the status of the boiler for the Salboni project?"
Answer: The GE boiler manufacturing plant is expected to be fully operational by June or July 2026, which will meet our captive requirements for Salboni.


Question 6: "What is the expected impact of tariff reduction on KSK Mahanadi's EBITDA?"
Answer: There will be a tariff reduction of about Rs.1.25 for part of the capacity tied to UP, which will slightly impact EBITDA. However, operational efficiencies are expected to mitigate this effect.


Question 7: "What portion of total capacity is affected by the KSK tariff reduction?"
Answer: The tariff reduction affects approximately 1,000 MW tied to UP. However, capacity availability remains stable, so we maintain revenue from fixed charges.


Question 8: "How much of the battery storage CAPEX is expected this year and next?"
Answer: We will announce specific numbers for next year's capex plans shortly as we finalize our strategy, but we are targeting significant enhancements in our renewable and battery storage capacities.


Question 9: "What is happening with the FDRE IV regulatory approval?"
Answer: We're currently waiting for the regulatory approval. The PPA is signed, and communication is expected to proceed once the approvals are in place.


Question 10: "What are your thoughts on entering the distribution space?"
Answer: We are open to evaluating distribution opportunities and are monitoring ongoing privatization processes, deciding when the right moment for engagement arises.

SBI ARBITRAGE OPPORTUNITIES FUND2.08%
TARINI JINDAL HANDA1.43%
TANVI SHETE1.43%
PARTH JINDAL1.01%
JSW STEEL COATED PRODUCTS LTD0.52%
AMBA RIVER COKE LIMITED0.41%
JTPM METAL TRADERS PRIVATE LIMITED0.27%
SEEMA JAJODIA0.19%
JSW CEMENT LIMITED0.15%
SOUTH WEST MINING LIMITED0.02%
FOREIGN INSTITUTIONAL INVESTORS0.02%
JSW JAIGARH PORT LIMITED0.01%
NIRMALA GOEL0.01%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

-0.20%
-10.40%
15.36
4.94
-
-
ADANIGREENAdani Green Energy1.39 LCr13.38 kCr-18.80%-15.40%98.3610.39--
TATAPOWERTata Power Co.1.15 LCr67.69 kCr-8.70%-1.60%28.321.69--
TORNTPOWERTORRENT POWER67 kCr29.21 kCr-5.00%-9.20%22.282.29--
CESCCESC18.98 kCr19.06 kCr-18.40%+0.10%13.11--
RPOWERReliance Power11.09 kCr8.11 kCr-25.40%-33.10%38.871.37--

Income Statement for JSW Energy

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Revenue From Operations2.3%11,74511,48610,3328,1676,9228,273
Other Income96.7%894455535569237287
Total Income5.8%12,63911,94110,8678,7367,1608,560
Cost of Materials-2.8%4,4564,5825,5703,4943,2834,498
Purchases of stock-in-trade12.1%1401253688000
Employee Expense27.5%464364308264237243
Finance costs10.5%2,2692,0538447778961,051
Depreciation and Amortization1.3%1,6551,6331,1691,1311,1671,168
Other expenses41.8%1,4641,033805760496575
Total Expenses6.7%10,4489,7919,0646,5066,0787,535
Profit Before exceptional items and Tax1.9%2,1912,1501,8042,2301,0811,025
Exceptional items before tax-001200061
Total profit before tax1.9%2,1912,1501,9242,2301,0811,086
Current tax-1.8%387394298422195112
Deferred tax-433.5%-155.76481787381-78.87
Total tax-47.8%23144247749527633
Total profit (loss) for period15%1,9831,7251,4801,7438231,081
Other comp. income net of taxes70.7%1,334782401,5732,215-1,081.25
Total Comprehensive Income32.4%3,3172,5061,5203,3163,038-0.07
Earnings Per Share, Basic7.3%11.1910.59.0110.524.846.7
Earnings Per Share, Diluted7.5%11.1810.478.9910.54.846.7
Debt equity ratio-0.0181-0.01330510-
Debt service coverage ratio-0.0162-0.02360.03730-
Interest service coverage ratio-0.0298-0.068200-
Description(%) Q/QDec-2025Sep-2025Jun-2025Mar-2025Dec-2024Sep-2024
Revenue From Operations-21.2%4,0825,1775,1433,1892,4393,238
Other Income-6%173184268308201222
Total Income-20.6%4,2555,3615,4113,4972,6403,459
Cost of Materials-12.7%1,2411,4211,5801,1631,0751,152
Purchases of stock-in-trade-4803314000
Employee Expense1.1%193191159131110115
Finance costs4.7%1,4851,4181,306675564518
Depreciation and Amortization2.5%829809739482406392
Other expenses0%569569583550341285
Total Expenses
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Revenue From Operations-23.2%3,9395,1295,7393,6432,8984,314
Other Income225.4%68121028022862198
Total Income-13.5%4,6205,3396,0193,8712,9604,512
Cost of Materials-27.3%1,9872,7313,6442,0411,7783,074
Purchases of stock-in-trade-75.9%291173542600
Employee Expense

Balance Sheet for JSW Energy

Consolidated figures (in Rs. Crores) /
Description(%) Q/QSep-2025Mar-2025Sep-2024Mar-2024Sep-2023Mar-2023
Cash and cash equivalents13.7%3,6783,2341,9373,0922,0903,422
Current investments5.4%2,2162,1022,6881,0891,1501,071
Loans, current36.9%272199111111111181
Total current financial assets13.3%11,1569,8509,4147,3056,5518,250
Inventories8.1%978905715831638987
Current tax assets-100.3%03430-00
Total current assets10.8%13,76112,41910,8118,6657,5879,522
Property, plant and equipment30.4%59,59845,71328,76526,08825,57223,065
Capital work-in-progress12.5%11,56210,27710,41010,2827,3414,780
Goodwill0%640640640640640640
Non-current investments7.8%8,1487,5597,3295,8745,4884,906
Loans, non-current0%568568568568568568
Total non-current financial assets12.9%12,37710,95910,2998,7578,1687,665
Total non-current assets28.9%99,92677,52054,12049,60445,42339,118
Total assets26.4%113,68789,93964,93258,26953,10748,742
Borrowings, non-current29.3%58,03244,89727,96627,73122,41719,208
Total non-current financial liabilities30%59,05445,41428,27228,02522,71819,531
Provisions, non-current21.2%1841521301147362
Total non-current liabilities30.6%64,19449,13830,64029,98524,59321,002
Borrowings, current114%10,1084,7242,6283,5955,1335,609
Total current financial liabilities56.5%17,00610,8665,7517,0918,2738,813
Provisions, current57.6%533427261920
Current tax liabilities-15%921081576010145
Total current liabilities52.7%17,89111,7156,0097,2698,4688,938
Total liabilities34.9%82,08560,85436,65037,25533,12530,008
Equity share capital0.1%1,7461,7451,7451,6411,6411,641
Non controlling interest43.8%2,4791,724311182105105
Total equity8.7%31,60229,08528,28221,01419,98218,734
Total equity and liabilities26.4%113,68789,93964,93258,26953,10748,742
Standalone figures (in Rs. Crores) /
Description(%) Q/QSep-2025Mar-2025Sep-2024Mar-2024Sep-2023Mar-2023
Cash and cash equivalents-35.9%38059283795267264
Current investments-80.4%1115619747812776
Loans, current43.5%24216915415481118
Total current financial assets-34.2%1,6522,5112,4371,7631,0841,388
Inventories46.5%319218369439404782
Total current assets-24.5%2,1472,8422,8872,2601,5412,236
Property, plant and equipment-3.3%3,2453,3553,4113,5103,6003,706
Capital work-in-progress

Cash Flow for JSW Energy

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Finance costs10.5%2,2692,053844777--
Change in inventories41.9%211149-59.94-505.94--
Depreciation1.3%1,6551,6331,1691,131--
Impairment loss / reversal-58.3%163700--
Unrealised forex losses/gains-1220130.22--
Dividend income-104.3%02412246--
Adjustments for interest income-100.5%0223145351--
Share-based payments50%37252515--
Net Cashflows from Operations-31.2%4,5526,6192,4323,391--
Dividends received--51.32000--
Interest received--333.08000--
Income taxes paid (refund)-14.8%329386347439--
Net Cashflows From Operating Activities-38.4%3,8386,2342,0842,952--
Cashflows used in obtaining control of subsidiaries-16,887000--
Proceeds from sales of PPE-1.6400.270.49--
Purchase of property, plant and equipment-16.5%6,7098,0334,2362,294--
Proceeds from sales of investment property-257.1%00.7200--
Proceeds from sales of long-term assets-85.2%00.4600--
Cash receipts from repayment of advances and loans made to other parties-00-120997--
Dividends received117.4%5124-121.5246--
Interest received69.7%320189-234.21317--
Other inflows (outflows) of cash54.6%-305.89-675.31-2,297.71-609.3--
Net Cashflows From Investing Activities-183.9%-23,612.86-8,317.73-7,009.48-1,392.23--
Proceeds from issuing shares-4,94403.350--
Payments to acquire or redeem entity's shares-00084--
Proceeds from exercise of stock options110.3%2.2-10.6900--
Proceeds from borrowings93%21,40611,0939,7086,429--
Repayments of borrowings-55.7%2,9816,7239706,036--
Payments of lease liabilities117.2%64309.913.2--
Dividends paid4.9%364347329329--
Interest paid17.9%2,7212,3081,076757--
Other inflows (outflows) of cash-100.8%01242330--
Net Cashflows from Financing Activities1025.3%20,2231,7987,560-781.31--
Effect of exchange rate on cash eq.15846.8%623-2.95-0.765.56--
Net change in cash and cash eq.469.7%1,072-288.672,634784--
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2025Mar-2024Mar-2023Mar-2022Mar-2021Mar-2020
Finance costs-23.7%365478260127--
Change in inventories-35.7%221343-6.55-539.74--
Depreciation-10%243270317328--
Impairment loss / reversal-105%02100--
Unrealised forex losses/gains--3.950-3.73-2.86--
Dividend income368.9%3487512246--
Adjustments for interest income118.5%2029349148--
Share-based payments90.9%

-1%
4,366
4,408
4,399
3,142
2,495
2,463
Profit Before exceptional items and Tax-111.8%-111.239541,012355145997
Exceptional items before tax--65.1900000
Total profit before tax-118.6%-176.429541,012355145997
Current tax-62.8%43114839259132
Deferred tax-4485.5%-744.541897-146.12-66.25-4.32
Total tax-640.5%-701.63131180-53.8-7.41128
Total profit (loss) for period-35.8%529824836415157877
Other comp. income net of taxes-91.8%71858-390.561,179-980.98517
Total Comprehensive Income-64.4%6001,6824451,594-823.531,394
Earnings Per Share, Basic-53.6%2.414.044.262.340.964.9
Earnings Per Share, Diluted-53.6%2.414.044.252.340.964.88
Debt equity ratio0.1%0.02390.02340.02360.01810.010.01
Debt service coverage ratio-0.3%0920.0120.01230.01620.010.02
Interest service coverage ratio-0.9%0.01570.0240.02520.02670.020.04
32.9%
203
153
135
124
112
119
Finance costs-23.7%365478260127210322
Depreciation and Amortization-10%243270317328358369
Other expenses25.2%513410399407194227
Total Expenses-19.7%3,3414,1585,1093,0532,6524,111
Profit Before exceptional items and Tax8.3%1,2791,181910818308401
Exceptional items before tax-001200023
Total profit before tax8.3%1,2791,1811,030818308424
Current tax7.2%225210157175405.5
Deferred tax-939.6%-166.91211627381-79.44
Total tax-75.2%58231319248122-73.94
Total profit (loss) for period28.6%1,221950711570186498
Other comp. income net of taxes46%1,284880-276.121,6912,208-1,075.85
Total Comprehensive Income36.8%2,5051,8314352,2612,394-578.04
Earnings Per Share, Basic25.5%7.015.794.333.471.133.03
Earnings Per Share, Diluted25.5%75.784.323.461.133.03
Debt equity ratio0%044046046009014024
Debt service coverage ratio0.1%0.02980.02890.03760.04590.01020.0111
Interest service coverage ratio0.2%0.0640.0622000.05170.0436
Description(%) Q/QDec-2025Sep-2025Jun-2025Mar-2025Dec-2024Sep-2024
Revenue From Operations-10.9%695780916946977967
Other Income-30.4%14320514030581178
Total Income-14.9%8389841,0551,2511,0571,145
Cost of Materials-33%204304432424499531
Purchases of stock-in-trade170%5521000.4829
Employee Expense-3.8%778063614949
Finance costs9.4%2342142021128875
Depreciation and Amortization-1.8%565757536264
Other expenses-0.9%115116117184123109
Total Expenses-6.4%741792871834821857
Profit Before exceptional items and Tax-50%97193185417236289
Exceptional items before tax--21.6200000
Total profit before tax-60.9%76193185417236289
Current tax-60.6%143433724151
Deferred tax87.6%-3.06-31.73-10.13-119.5-22.72-48.55
Total tax498.8%112.6723-47.7192.94
Total profit (loss) for period-66.1%65190162464217286
Other comp. income net of taxes-82.2%131731-255.84966-768.97460
Total Comprehensive Income-78.8%196921-93.981,430-551.78746
Earnings Per Share, Basic-800%0.371.090.932.661.251.64
Earnings Per Share, Diluted-800%0.371.090.932.661.241.63
Debt equity ratio0.1%06706105304400
Debt service coverage ratio0.1%0840710.01160.03320.020.03
Interest service coverage ratio-0.8%0.02170.02950.02890.07140.060.07
23.6%
111
90
47
18
13
16
Non-current investments19.3%27,06622,69720,40217,33516,2754,921
Loans, non-current26.8%4,8453,82081818180
Total non-current financial assets19.7%33,09527,65021,72018,62317,4436,074
Total non-current assets17.3%36,70331,28425,36622,35021,22519,714
Total assets13.8%38,85034,12728,25324,61022,76621,949
Borrowings, non-current11%5,9645,3752,2694,4413,1623,136
Total non-current financial liabilities10.8%5,9835,3982,2824,4563,1783,155
Provisions, non-current23.1%332727242622
Total non-current liabilities9.4%7,3456,7153,7075,5894,3164,151
Borrowings, current79.7%7,8764,3842,3872,5643,1963,137
Total current financial liabilities71.9%8,4734,9293,0083,6524,1354,110
Provisions, current8.3%14139.819.237.738.89
Current tax liabilities-60.8%41103100603737
Total current liabilities69.6%8,7785,1763,2023,9084,2484,189
Total liabilities35.6%16,12411,8916,9099,4988,5638,340
Equity share capital0.1%1,7461,7451,7451,6411,6411,641
Total equity2.2%22,72722,23621,34415,11214,20313,609
Total equity and liabilities13.8%38,85034,12728,25324,61022,76621,949
22
12
11
7.54
-
-
Net Cashflows from Operations-59.7%9942,4631,185419--
Income taxes paid (refund)-18.3%162198210167--
Net Cashflows From Operating Activities-63.3%8332,266975252--
Cashflows used in obtaining control of subsidiaries-100%0.032,4041,947179--
Proceeds from sales of PPE-200%0.220.740.0580--
Purchase of property, plant and equipment48.8%126855372--
Purchase of other long-term assets-50000--
Cash receipts from repayment of advances and loans made to other parties-7300273--
Dividends received368.9%3487512246--
Interest received57.6%946031130--
Other inflows (outflows) of cash-11367.2%-469.975.18868-83.95--
Net Cashflows From Investing Activities-357.1%-7,548.2-1,650.48-5,384.17710--
Proceeds from issuing shares-4,944000--
Payments to acquire or redeem entity's shares-00084--
Proceeds from exercise of stock options110.3%2.2-10.6900--
Proceeds from borrowings191.4%4,7451,6295,217697--
Repayments of borrowings121.3%1,9828962001,029--
Payments of lease liabilities8.8%5.955.552.040.45--
Dividends paid6.4%350329329329--
Interest paid-23.2%362471195135--
Other inflows (outflows) of cash-004.270--
Net Cashflows from Financing Activities8410%6,993-83.144,496-880.58--
Effect of exchange rate on cash eq.652.5%3.210.600--
Net change in cash and cash eq.-47.6%2805338782--
Investor Presentation
Results Presentation in connection with the unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended 31st December, 2025
Change in Directorate • 23 Jan 2026
Re-appointment of Mr. Munesh Khanna as a Non-Executive Independent Director of the Company

Revenue Breakdown

Analysis of JSW Energy's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Last Updated: Dec 31, 2025

DescriptionShareValue
Thermal73.8%3 kCr
Renewables26.2%1.1 kCr
Total4.1 kCr