Nifty
:
23446.80
Sensex
:
74828.25
117.80 (0.51%)
299.17 (0.40%)
Nifty
Sensex
:
:
23446.80
74828.25
117.80 (0.51%)
299.17 (0.40%)

JSW Energy Ltd.

Power Generation/Distribution

Rating :
55/99

BSE: 533148 | NSE: JSWENERGY

NSE BSE
521.00
23-Sep-2026
  • Open
  • High
  • Low
  • Previous Close
  •  517.2
  •  525.85
  •  516
  •  518.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  1923195
  •  1004937420.7
  •  617.35
  •  427.75

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 95,680.30
  • 48.64
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,65,761.22
  • 0.38%
  • 2.77

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 66.53%
  • 1.93%
  • 3.49%
  • FII
  • DII
  • Others
  • 11.41%
  • 15.40%
  • 1.24%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.63
  • 18.27
  • 18.06

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.71
  • 23.04
  • 13.34

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.54
  • 5.31
  • 9.14

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 42.03
  • 45.52
  • 47.02

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 2.44
  • 3.26
  • 3.55

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 14.02
  • 17.85
  • 19.72

Earnings Forecasts:

(Updated: 21-09-2026)
Description
2026
2027
2028
2029
Adj EPS
12.75
13.39
17.4
23.04
P/E Ratio
40.86
38.91
29.94
22.61
Revenue
18692.1
20981.5
24453
27506.9
EBITDA
10012.3
12626.2
15398.7
18520.5
Net Income
2239.31
2489.38
3254.8
4226.66
ROA
2.09
4.61
5.08
6.22
P/B Ratio
2.97
2.55
2.36
2.16
ROE
7.71
7.06
8.06
9.67
FCFF
-5975.01
-10708.5
-5309.97
-3386.82
FCFF Yield
-3.63
-6.51
-3.23
-2.06
Net Debt
67916.2
76230.2
91059.2
104139
BVPS
175.22
203.94
220.91
241.53

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 26
Jun 25
Var%
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Net Sales
5,207.13
5,143.37
1.24%
4,498.58
3,189.39
41.05%
4,081.76
2,438.88
67.36%
5,177.42
3,237.66
59.91%
Expenses
2,333.98
2,354.71
-0.88%
2,248.86
1,984.91
13.30%
2,052.19
1,525.15
34.56%
2,180.96
1,552.79
40.45%
EBITDA
2,873.15
2,788.66
3.03%
2,249.72
1,204.48
86.78%
2,029.57
913.73
122.12%
2,996.46
1,684.87
77.85%
EBIDTM
55.18%
54.22%
50.01%
37.77%
49.72%
37.47%
57.88%
52.04%
Other Income
229.44
267.87
-14.35%
352.29
308.00
14.38%
172.78
201.16
-14.11%
183.65
221.74
-17.18%
Interest
1,519.28
1,305.52
16.37%
1,608.49
675.28
138.20%
1,484.88
564.50
163.04%
1,417.56
518.29
173.51%
Depreciation
889.64
738.59
20.45%
808.96
481.86
67.88%
828.70
405.52
104.35%
809.02
391.81
106.48%
PBT
693.67
1,012.42
-31.48%
184.56
355.34
-48.06%
-176.42
144.87
-
953.53
996.51
-4.31%
Tax
163.11
179.55
-9.16%
-385.73
-53.80
-
-701.63
-7.41
-
131.22
128.17
2.38%
PAT
530.56
832.87
-36.30%
570.29
409.14
39.39%
525.21
152.28
244.90%
822.31
868.34
-5.30%
PATM
10.19%
16.19%
12.68%
12.83%
12.87%
6.24%
15.88%
26.82%
EPS
2.57
4.26
-39.67%
2.12
2.34
-9.40%
2.40
0.96
150.00%
4.03
4.89
-17.59%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Net Sales
18,964.89
18,901.13
11,745.39
11,485.91
10,331.81
8,167.15
6,922.20
8,272.71
9,137.59
8,048.96
8,263.43
Net Sales Growth
35.37%
60.92%
2.26%
11.17%
26.50%
17.98%
-16.32%
-9.47%
13.53%
-2.60%
 
Cost Of Goods Sold
51.32
0.00
0.00
0.63
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
18,913.57
18,901.13
11,745.39
11,485.28
10,331.81
8,167.15
6,922.20
8,272.71
9,137.59
8,048.96
8,263.43
GP Margin
99.73%
100%
100%
99.99%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
8,815.99
8,836.72
6,524.57
6,104.13
7,049.97
4,598.15
4,015.62
5,315.85
6,284.47
5,286.42
4,939.07
Power & Fuel Cost
-
5,874.72
4,721.18
4,795.90
6,011.65
3,651.71
3,349.96
4,550.13
5,496.18
4,472.39
4,122.73
% Of Sales
-
31.08%
40.20%
41.75%
58.19%
44.71%
48.39%
55.00%
60.15%
55.56%
49.89%
Employee Cost
-
727.66
464.29
364.47
307.60
264.15
236.63
242.96
243.58
215.09
211.77
% Of Sales
-
3.85%
3.95%
3.17%
2.98%
3.23%
3.42%
2.94%
2.67%
2.67%
2.56%
Manufacturing Exp.
-
1,164.09
781.86
558.16
389.96
334.78
215.18
256.22
241.35
208.35
234.82
% Of Sales
-
6.16%
6.66%
4.86%
3.77%
4.10%
3.11%
3.10%
2.64%
2.59%
2.84%
General & Admin Exp.
-
797.37
372.20
243.57
207.23
142.75
108.81
97.02
101.93
166.55
194.38
% Of Sales
-
4.22%
3.17%
2.12%
2.01%
1.75%
1.57%
1.17%
1.12%
2.07%
2.35%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Miscellaneous Exp.
-
272.88
185.04
141.40
133.53
204.76
105.04
169.52
201.43
224.04
0.00
% Of Sales
-
1.44%
1.58%
1.23%
1.29%
2.51%
1.52%
2.05%
2.20%
2.78%
2.12%
EBITDA
10,148.90
10,064.41
5,220.82
5,381.78
3,281.84
3,569.00
2,906.58
2,956.86
2,853.12
2,762.54
3,324.36
EBITDA Margin
53.51%
53.25%
44.45%
46.86%
31.76%
43.70%
41.99%
35.74%
31.22%
34.32%
40.23%
Other Income
938.16
976.59
894.10
455.43
535.24
568.69
237.45
286.98
367.97
465.02
217.00
Interest
6,030.21
5,816.45
2,269.13
2,053.40
844.30
776.91
895.65
1,051.07
1,192.40
1,455.91
1,684.75
Depreciation
3,336.32
3,185.27
1,654.64
1,633.41
1,169.23
1,131.05
1,166.94
1,168.05
1,163.69
966.08
969.15
PBT
1,655.34
2,039.28
2,191.15
2,150.40
1,803.55
2,229.73
1,081.44
1,024.72
865.00
805.57
887.46
Tax
-793.03
-776.59
231.02
442.26
462.72
494.79
275.91
33.04
212.44
253.23
269.01
Tax Rate
-47.91%
-39.34%
10.54%
20.57%
24.06%
22.19%
25.51%
3.04%
24.56%
65.33%
30.31%
PAT
2,448.37
2,239.31
1,950.89
1,722.71
1,477.76
1,728.62
795.48
1,099.92
695.13
77.97
629.03
PAT before Minority Interest
1,956.28
2,762.41
1,982.88
1,724.65
1,480.12
1,743.48
822.68
1,081.18
684.49
84.91
622.51
Minority Interest
-492.09
-523.10
-31.99
-1.94
-2.36
-14.86
-27.20
18.74
10.64
-6.94
6.52
PAT Margin
12.91%
11.85%
16.61%
15.00%
14.30%
21.17%
11.49%
13.30%
7.61%
0.97%
7.61%
PAT Growth
8.21%
14.78%
13.25%
16.58%
-14.51%
117.31%
-27.68%
58.23%
791.54%
-87.60%
 
EPS
13.35
12.21
10.64
9.40
8.06
9.43
4.34
6.00
3.79
0.43
3.43

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
30,751.51
27,361.43
20,831.74
18,628.81
17,414.90
14,507.00
11,645.62
11,822.24
11,109.70
10,368.46
Share Capital
1,756.18
1,745.25
1,641.22
1,640.54
1,639.67
1,642.33
1,641.90
1,640.87
1,640.05
1,627.95
Total Reserves
28,191.59
25,489.93
19,100.88
16,923.18
15,734.87
12,839.69
9,980.66
10,162.43
9,454.04
8,727.74
Non-Current Liabilities
72,870.70
51,112.83
31,818.84
22,534.19
9,856.94
9,681.98
10,911.01
10,922.45
12,626.44
15,716.60
Secured Loans
61,615.73
42,696.85
27,161.94
18,880.91
6,876.37
6,972.41
8,280.74
9,240.35
10,821.00
13,125.92
Unsecured Loans
3,259.29
2,200.00
569.26
326.99
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
3,075.85
2,610.12
2,449.56
1,919.14
1,963.96
1,642.25
2,058.86
1,238.16
1,370.60
2,207.83
Current Liabilities
21,211.72
12,792.77
8,076.23
9,695.48
5,725.70
4,219.79
6,351.46
5,057.04
4,876.29
4,462.63
Trade Payables
1,423.31
1,409.45
1,343.65
1,274.06
1,075.93
949.94
1,602.87
1,839.52
2,327.13
2,118.72
Other Current Liabilities
12,793.86
8,474.35
3,904.90
5,867.94
2,911.72
2,279.52
2,723.38
2,450.66
1,857.45
2,326.13
Short Term Borrowings
5,831.55
1,689.54
1,934.86
1,730.70
1,055.79
289.97
0.00
0.00
8.19
8.67
Short Term Provisions
1,163.00
1,219.43
892.82
822.78
682.26
700.36
2,025.21
766.86
683.52
9.11
Total Liabilities
1,27,659.78
92,990.66
60,909.31
50,963.85
32,999.60
28,400.05
28,884.25
27,789.70
28,608.49
30,550.06
Net Block
74,523.01
54,155.24
28,946.20
25,020.49
14,830.64
15,636.76
16,712.75
17,824.54
18,877.39
19,490.59
Gross Block
89,548.94
65,987.57
39,106.96
33,478.54
22,222.40
21,894.09
21,811.52
21,775.11
21,680.25
21,307.32
Accumulated Depreciation
15,025.93
11,832.33
10,160.76
8,458.05
7,391.76
6,257.33
5,098.77
3,950.57
2,802.86
1,816.73
Non Current Assets
1,11,271.41
79,837.56
51,437.74
40,649.88
27,166.24
23,285.45
22,360.13
23,986.01
25,281.17
26,474.70
Capital Work in Progress
17,464.54
10,280.93
10,285.09
4,788.19
2,090.60
472.77
391.32
399.97
293.53
530.74
Non Current Investment
8,114.07
7,653.69
5,945.78
4,961.62
5,230.82
3,367.92
1,109.48
2,108.26
2,078.17
1,359.92
Long Term Loans & Adv.
7,219.06
5,781.78
4,317.68
3,949.61
3,805.08
2,601.05
3,004.28
2,494.99
2,541.37
3,621.26
Other Non Current Assets
3,950.73
1,965.92
1,942.99
1,929.97
1,209.10
1,206.95
1,142.30
1,158.25
1,490.71
1,472.19
Current Assets
16,388.37
13,153.10
9,471.57
10,280.24
5,833.36
5,000.27
6,524.12
3,803.69
3,327.32
4,075.36
Current Investments
3,264.86
2,101.60
1,089.08
1,071.15
1,392.35
684.23
744.07
342.27
336.83
218.90
Inventories
960.58
905.33
830.67
987.08
901.02
395.08
639.58
454.73
535.54
592.90
Sundry Debtors
1,630.17
1,319.82
844.20
1,531.92
670.22
964.46
1,565.20
1,427.75
1,151.22
2,182.75
Cash & Bank
5,765.22
4,695.17
4,206.60
4,013.88
1,134.11
479.18
200.73
203.57
311.03
784.30
Other Current Assets
4,767.54
301.07
284.39
291.49
1,735.66
2,477.32
3,374.54
1,375.37
992.70
296.51
Short Term Loans & Adv.
4,101.19
3,830.11
2,216.63
2,384.72
1,390.62
2,162.32
2,844.44
995.69
925.37
225.75
Net Current Assets
-4,823.35
360.33
1,395.34
584.76
107.66
780.48
172.66
-1,253.35
-1,548.97
-387.27
Total Assets
1,27,659.78
92,990.66
60,909.31
50,930.12
32,999.60
28,285.72
28,884.25
27,789.70
28,608.49
30,550.06

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
9,898.31
3,838.48
6,233.63
2,084.27
2,952.03
3,699.86
2,085.54
2,491.34
3,933.81
3,852.64
PBT
1,985.82
2,213.90
2,166.91
1,942.84
2,238.27
1,098.59
1,114.22
896.93
338.14
891.52
Adjustment
8,487.08
3,541.48
3,443.92
1,622.31
1,590.06
1,918.04
1,917.73
2,093.26
2,565.74
2,506.86
Changes in Working Capital
-288.68
-1,587.84
1,008.51
-1,133.58
-437.54
866.33
-771.30
-298.17
1,185.53
692.93
Cash after chg. in Working capital
10,184.22
4,167.54
6,619.34
2,431.57
3,390.79
3,882.96
2,260.65
2,692.02
4,089.41
4,091.31
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-285.91
-329.06
-385.71
-347.30
-438.76
-183.10
-175.11
-200.68
-155.60
-238.67
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-20,270.80
-23,612.86
-8,317.73
-7,009.48
-1,392.23
-1,032.56
300.76
-54.50
-214.82
-761.93
Net Fixed Assets
-262.87
-161.32
-73.87
-61.37
-60.20
59.09
250.27
-218.14
-66.32
-335.63
Net Investments
-5,997.11
-5,844.04
-2,682.94
-7,863.86
1,345.26
-2,795.10
1,285.79
260.44
-1,638.98
1,344.70
Others
-14,010.82
-17,607.50
-5,560.92
915.75
-2,677.29
1,703.45
-1,235.30
-96.80
1,490.48
-1,771.00
Cash from Financing Activity
10,617.45
20,223.38
1,674.83
7,327.48
-781.31
-2,514.75
-1,964.59
-2,523.18
-3,967.59
-2,594.92
Net Cash Inflow / Outflow
244.96
449.00
-409.27
2,402.27
778.49
152.55
421.71
-86.34
-248.60
495.79
Opening Cash & Equivalents
5,252.20
4,180.07
4,468.74
1,835.12
1,051.07
895.76
474.43
561.10
809.61
313.94
Closing Cash & Equivalent
7,245.13
5,252.20
4,180.07
4,468.74
1,835.12
1,051.07
895.76
474.43
561.10
809.61

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
170.53
156.05
126.38
113.16
105.96
88.18
70.79
71.93
67.64
63.61
ROA
2.50%
2.58%
3.08%
3.50%
5.28%
2.71%
3.72%
2.31%
0.45%
2.02%
ROE
9.66%
8.27%
8.78%
8.24%
10.95%
6.17%
8.99%
5.70%
1.25%
6.17%
ROCE
8.50%
6.94%
8.83%
7.99%
12.27%
8.92%
9.75%
9.07%
7.73%
10.44%
Fixed Asset Turnover
0.24
0.22
0.32
0.37
0.37
0.32
0.38
0.42
0.37
0.39
Receivable days
28.48
33.62
37.75
38.90
36.53
66.69
66.03
51.51
75.59
112.39
Inventory Days
18.02
26.97
28.88
33.35
28.96
27.28
24.14
19.78
25.59
27.14
Payable days
0.00
0.00
0.00
0.00
0.00
0.00
33.92
26.38
35.69
43.24
Cash Conversion Cycle
46.50
60.60
66.64
72.25
65.49
93.97
56.25
44.91
65.49
96.29
Total Debt/Equity
2.53
1.82
1.51
1.34
0.51
0.58
0.85
0.89
1.07
1.39
Interest Cover
1.34
1.98
2.06
3.30
3.88
2.21
2.03
1.73
1.27
1.53

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • JSW Energy surpasses 15 GW installed capacity
    4th Sep 2026, 14:11 PM

    This was achieved in under six quarters after the company crossed 10 GW in March 2025

    Read More
  • JSW Energy signs shareholders' agreement with Druk Green Power Corporation
    12th Aug 2026, 15:12 PM

    The agreement is for the joint development of the 920 MW Punatsangchhu-III Hydroelectric Project in Wangdue Phodrang District, Bhutan

    Read More
  • JSW Energy acquires 100% stake in MCCPL
    7th Aug 2026, 12:30 PM

    The transaction values MCCPL at an enterprise value of Rs 1,410 crore

    Read More
  • JSW Energy - Quarterly Results
    23rd Jul 2026, 00:00 AM

    Read More
  • JSW Energy completes acquisition of additional stake in Toshiba JSW Power Systems
    22nd Jul 2026, 09:23 AM

    The acquisition is a strategic step towards strengthening the company’s access to steam turbine generators, enhancing supply chain resilience, and supporting its thermal capacity expansion plans

    Read More
  • JSW Energy’s arm secures orders worth Rs 443.74 crore
    13th Jul 2026, 10:13 AM

    The orders are for the supply of BESS and PCS solutions

    Read More
  • JSW Energy commissions 1,081 MW renewable capacity since April 2026
    9th Jul 2026, 09:08 AM

    The capacity addition comprises 442 MW of solar, 108 MW of wind, 381 MW of hybrid, and 150 MW of hydro power projects

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.