JSW Energy

Quick check

The five things to look at first. Open one for more.

• DebtHigh debtIt owes ₹76,946 Cr against ₹30,751 Cr of shareholders' money (Mar 2026), 2.5 times.
• ResultsProfit fallingIn the Jun 2026 quarter, sales rose 1.2% and profit fell 36% from a year earlier.
• DilutionRaise plannedNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters sellingThe promoters (founders or parent) own 67%, down from 69% in Jun 2025.
• ValuationNormal for this stockThe share trades at 41 times its yearly earnings (P/E), cheaper than 67% of the time in the last 5 years. Its usual P/E is about 20.

JSW Energy against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)41 against a typical 35: pricier than most peers (1st = cheapest).21st of 36
• Sales growth+1.2% against a typical +6.5% from a year earlier.22nd of 30
• Profit growth−36.2% against a typical −1.3% from a year earlier.21st of 25
• Share price, 3 months−13.9% against a typical −12.9%.20th of 34
• Size₹ 81,700 Cr. market value against a typical ₹ 2,247.1 Cr. (1st = largest).3rd of 33

Exchange filings and their impact on the company.

• 28 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice +2.8% so far today
  Record Q2 EBITDA and PAT on 17% higher generation as capacity crossed 15 GW with strong growth visibility.

  JSW Energy reported its highest-ever quarterly EBITDA of Rs 3,907 crore, up 23%, and PAT of Rs 1,141 crore, up 38%, on revenue of Rs 6,658 crore as power sales rose 17% to 17.5 billion units. Installed capacity crossed 15.1 GW after adding 1.69 GW in H1 FY27, including a 300 MW thermal plant acquired for Rs 1,410 crore. The board also approved raising up to Rs 5,000 crore via NCDs and sought approval for up to Rs 6,000 crore equity fundraise, while net debt stood at Rs 65,576 crore with Rs 15,698 crore cash.

  Full analysisFiling
• 24 Oct 2026General UpdatesLow impactPositivePrice +0.3% on 26 Oct
  Three renewable subsidiaries secured ICRA A/Stable ratings, aiding bank funding for growth.

  JSW Energy said ICRA assigned a long-term rating of [ICRA]A with Stable outlook and short-term rating of A2+ to the bank facilities of three step-down subsidiaries. The companies are JSW Renew Energy Thirty Seven, JSW Renew Energy Thirty Eight and JSW Green Energy Nineteen. The new ratings should help the renewable units raise bank debt for projects, with no immediate change to the parent's business.

  Full analysisFiling
• 14 Oct 2026General UpdatesLow impactPositivePrice +6.5% that day
  NCLT sanction for GEPIL demerger into JSW Energy is now certified, moving the deal toward completion.

  JSW Energy received on 13 October 2026 the certified copy of the NCLT Mumbai order dated 1 October 2026 sanctioning the Scheme of Arrangement for demerger of an undertaking from GE Power India into JSW Energy. The order is posted on the company website. The Effective Date and Record Date will be announced separately, after which the transfer and share issuance to GEPIL shareholders can complete.

  Full analysisFiling
• 13 Oct 2026General UpdatesLow impactPositivePrice +6.5% on 14 Oct
  CARE assigned A+ Stable to bank facilities of seven O2 renewable subsidiaries, aiding funding access.

  JSW Energy said CARE Ratings on 12 October 2026 assigned CARE A+ with Stable outlook to the long-term bank facilities of seven step-down subsidiaries - O2 Renewable Energy IV, VI, X, XIII, XIV, XXII and XXIII. No facility amounts were disclosed. The ratings confirm the credit standing of the O2 renewable portfolio and should help the subsidiaries raise and refinance bank debt for operations and growth.

  Full analysisFiling
• 8 Oct 2026General UpdatesLow impactPositivePrice −1% on 9 Oct
  Renewable subsidiary gets IND A/Stable rating, easing bank funding with little near-term profit impact.

  JSW Energy said India Ratings on 8 October 2026 assigned an IND A/Stable rating to the bank loan facilities of its step-down wholly owned subsidiary, JSW Renewable Energy Dolvi Three Limited. No loan amount or terms were disclosed in the filing. The investment-grade rating should help the renewable project company tie up bank funding, with any revenue impact only after construction and commissioning.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.