Power
JSW Energy is a prominent power generation company operating in India, with the stock ticker JSWENERGY and a market capitalization of Rs. 85,937.9 Crores.
The company has an extensive power generation capacity of 7,245 MW, comprising 3,508 MW of thermal, 1,391 MW of hydro, 1,671 MW of wind, and 675 MW of solar energy. Its operations span across various states including Karnataka, Punjab, Maharashtra, Tamil Nadu, Himachal Pradesh, Odisha, Andhra Pradesh, Telangana, Madhya Pradesh, Gujarat, and Rajasthan.
In addition to power generation, JSW Energy is involved in power transmission and trading, as well as coal mining activities in South Africa. Founded in 1994 and headquartered in Mumbai, India, the company reported a trailing twelve months revenue of Rs. 12,021.5 Crores and generated a profit of Rs. 1,913.6 Crores over the last four quarters.
JSW Energy is also committed to returning value to its investors through dividends, offering a yield of 0.58% per year and a recent distribution of Rs. 4 dividend per share. However, the company has diluted its shareholders' stakes by 6.3% in the past three years.
With a significant revenue growth of 56.2% over the last three years, JSW Energy stands as a profitable entity within the energy sector.
Analysis of JSW Energy's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Mar 31, 2025
Description | Share | Value |
---|---|---|
Thermal | 71.0% | 2.3 kCr |
Renewable | 26.6% | 847.3 Cr |
Unallocated | 2.4% | 77 Cr |
Total | 3.2 kCr |
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.
Last updated: May 25
Management's outlook for JSW Energy reflects a proactive approach towards massive growth and strategic expansion. The company has launched Strategy 3.0, targeting 30 GW of generation capacity and 40 GWh of energy storage by 2030. This milestone follows the successful execution of Strategy 2.0, where the company surpassed the 10 GW capacity target, now reaching 12.2 GW.
Key forward-looking points include:
Overall, management expresses confidence in reaching their targets while committing to a framework that balances growth, sustainability, and financial prudence.
Last updated: May 25
Question 1: How do you think about accretion to the baseload portfolio? Do you still see the need for more coal-based power plants?
Answer: Yes, with peak demand increasing to 250 GW and the rise in intermittent renewable energy, we anticipate a gradual increase in baseload demand. Therefore, thermal power will play a key role going forward. Regarding the West Bengal project, all land acquisition is complete, and we are at an advanced stage of equipment placement.
Question 2: What was the EBITDA for KSK Mahanadi in FY'25 and what improvements are you expecting?
Answer: KSK Mahanadi reported an operational EBITDA of approximately Rs.2,380 crore in FY'25. Post integration, we see significant improvement potential from operational efficiencies, but I cannot quantify it at this moment. We will provide quarterly updates.
Question 3: Can you clarify the Salboni project's PPA structure and expected prices?
Answer: The Salboni project has a two-part tariff structure under a section (63) PPA from competitive bidding, with a levelized 25-year tariff of around Rs.5.45 per kWh, completely tied to domestic coal supply.
Question 4: What is your anticipated CAPEX for FY'26 and FY'27?
Answer: In FY'25, we incurred about Rs.8,000 crore in CAPEX. For FY'26, we expect to spend between Rs.15,000 crore and Rs.18,000 crore to execute ongoing and new projects.
Question 5: How do you envision financing the planned Rs.1.3 trillion CAPEX by FY30?
Answer: Funding will be calibrated based on growth and leverage profiles. We expect a mix of internal accruals and potential equity raises but will ensure our leverage remains below 5.5x net debt to pro forma EBITDA.
Question 6: What is the current status of the O2 Power project and its expected capacity?
Answer: The current operating capacity of O2 Power is 1,343 MW. By the end of the current quarter, we expect it to reach around 1.9 GW. A small balance of 300 MW may extend into Q2 due to connectivity issues.
Question 7: Are you addressing the wind speed impacts on your acquired portfolio?
Answer: Yes, our operations team is increasing machine availability and efficiency, which is crucial given the wind speed impacts. We are also transitioning some O&M contracts to in-house to reduce costs.
Question 8: Can you provide more details about your strategy in renewable project tenders?
Answer: While we are committed to meeting our 30 GW target by 2030, we will be selective in bidding going forward, ensuring that opportunities are accretive to our returns and aligned with our strategic goals.
If you would like more specific details or additional questions, feel free to ask!
Smart Money: Smart money has been increasing their position in the stock.
Technicals: Bullish SharesGuru indicator.
Profitability: Very strong Profitability. One year profit margin are 16%.
Size: It is among the top 200 market size companies of india.
Balance Sheet: Strong Balance Sheet.
Momentum: Stock has a weak negative price momentum.
Comprehensive comparison against sector averages
JSWENERGY metrics compared to Power
Category | JSWENERGY | Power |
---|---|---|
PE | 46.89 | 20.17 |
PS | 7.46 | 2.93 |
Growth | 1.3 % | 5.6 % |
JSWENERGY vs Power (2021 - 2025)
Understand JSW Energy ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Shareholder Name | Holding % |
---|---|
JSW INVESTMENTS PRIVATE LIMITED | 17.82% |
INDUSGLOBE MULTIVENTURES PRIVATE LIMITED | 14.65% |
SIDDESHWARI TRADEX PRIVATE LIMITED | 13.21% |
JSL LIMITED | 8.32% |
LIFE INSURANCE CORPORATION OF INDIA | 6.57% |
VIRTUOUS TRADECORP PRIVATE LIMITED | 4.9% |
JSW STEEL LIMITED | 4.88% |
GQG PARTNERS EMERGING MARKETS EQUITY FUND | 1.79% |
TARINI JINDAL HANDA | 1.43% |
TANVI SHETE | 1.43% |
NPS TRUST A/C UTI PENSION FUND LIMITED-SCHEME CENT | 1.03% |
PARTH JINDAL | 1.01% |
JSW STEEL COATED PRODUCTS LTD | 0.52% |
AMBA RIVER COKE LIMITED | 0.41% |
JTPM METAL TRADERS PRIVATE LIMITED | 0.27% |
SEEMA JINDAL | 0.19% |
JSW CEMENT LIMITED | 0.15% |
SOUTH WEST MINING LIMITED | 0.02% |
JSW JAIGARH PORT LIMITED | 0.01% |
NIRMALA GOEL | 0.01% |
Distribution across major stakeholders
Distribution across major institutional holders
Valuation | |
---|---|
Market Cap | 87.79 kCr |
Price/Earnings (Trailing) | 45.88 |
Price/Sales (Trailing) | 7.3 |
EV/EBITDA | 14.89 |
Price/Free Cashflow | -70.81 |
MarketCap/EBT | 40.5 |
Fundamentals | |
---|---|
Revenue (TTM) | 12.02 kCr |
Rev. Growth (Yr) | -0.80% |
Rev. Growth (Qtr) | -23.69% |
Earnings (TTM) | 1.91 kCr |
Earnings Growth (Yr) | -32.2% |
Earnings Growth (Qtr) | -82.04% |
Profitability | |
---|---|
Operating Margin | 18.03% |
EBT Margin | 18.03% |
Return on Equity | 6.77% |
Return on Assets | 2.95% |
Free Cashflow Yield | -1.41% |
Investor Care | |
---|---|
Dividend Yield | 0.40% |
Dividend/Share (TTM) | 2 |
Shares Dilution (1Y) | 6.27% |
Diluted EPS (TTM) | 10.97 |
Financial Health | |
---|---|
Current Ratio | 1.8 |
Debt/Equity | 1.08 |
Debt/Cashflow | 0.2 |
Updated May 29, 2025
JSW Energy is trading 1.91% lower at Rs 469.95, showing a yearly decline of 26.93%.
Analysts are mixed on the stock, with 7 strong buy ratings, 2 buy ratings, and 3 sell ratings.
Despite positive price movement, a recent sentiment analysis indicates a bearish outlook among investors.
JSW Energy shares rose 4.18% today, reaching Rs 484.85 with high trading volumes.
The company's revenue has consistently grown, with forecasts indicating further increases in both net profit and earnings per share (EPS) for upcoming quarters.
JSW Energy closed up 3.15% during Wednesday's trading session, making it one of the top gainers in the power sector.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
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 |
---|---|---|---|---|---|---|---|---|---|
NTPC | NTPCPower Generation | 3.24 LCr | 1.89 LCr | -2.51% | -9.21% | 14.39 | 1.72 | +6.49% | +14.37% |
POWERGRID | POWER GRID Corp OF INDIAPower - Transmission | 2.69 LCr | 47.17 kCr | -3.83% | -10.20% | 17.27 | 5.69 | +0.02% | -1.16% |
ADANIGREEN | Adani Green EnergyPower Generation | 1.55 LCr | 12.41 kCr | -4.18% | -45.88% | 77.38 | 12.47 | +18.53% | +58.81% |
TATAPOWER | Tata Power Co.Integrated Power Utilities | 1.27 LCr | 66.01 kCr | -2.49% | -11.80% | 28.11 | 1.92 | +9.77% | +8.18% |
TORNTPOWER | TORRENT POWERIntegrated Power Utilities | 71.03 kCr | 29.71 kCr | -2.31% | -11.86% | 29.25 | 2.39 | +9.88% | +25.64% |
RPOWER | Reliance PowerPower Generation | 25.56 kCr | 8.39 kCr | +41.18% | +103.16% | 10.54 | 3.05 | +5.51% | +271.49% |
CESC | CESCIntegrated Power Utilities | 21.62 kCr | 18.48 kCr | -1.27% | +8.91% | 14.83 | 1.17 | +11.64% | -1.29% |
General • 17 Jun 2025 Rating by Fitch Ratings of JSW Hydro Energy Limited''s USD 707 million Senior Secured Notes |
General • 17 Jun 2025 Assignment of Credit Rating - JSW Renewable Energy (Coated) Limited |
Analyst / Investor Meet • 17 Jun 2025 Pursuant to Regulation 30 of the SEBI Listing Regulations, please note that the Company will be meeting a group of investors as given in the attached file. |
Allotment of Equity Shares • 12 Jun 2025 Allotment of Non-Convertible Debentures |
General • 06 Jun 2025 Sale of stake in Beempow Energy Private Limited by O2 Power SG. Pte. Ltd. |
General • 05 Jun 2025 Commissioning of 281 MW organic RE capacity and signing Power Purchase Agreement with Adani Electricity Mumbai Limited |
General • 03 Jun 2025 Assignment of Credit Rating - JSW Renew Energy Ten Limited |