JSW Energy

    JSWENERGY
    Energy
    ₹449.65
    Price as of 26 Oct 2026, 4:53 pm IST

    Market cap ₹82,421 Cr

    P/E
    40.55
    Day range
    ₹438.40 – ₹452.65
    52-week range
    ₹427.75 – ₹617.35
    Volume
    14.73 L
    Open
    ₹443.75
    Prev close
    ₹448.55

    Latest results · Q1 FY27(consolidated)Revenue ₹5,207 Cr+1.2%Profit ₹533 Cr-36.3%Margin 10.2%YoY vs the same quarter last year

    2 red flags to read up on

    • medium

      Promoter pledge went up

      14.48% of promoter shares pledged, up from 13.28% · 30 Sept 2026

    • medium

      Promoter holding falling

      66.53%, down 2.74 pts since 2025-12-31 · 30 Sept 2026

    From NSE and BSE filings. A flag is a reason to read the filing, not a rating.

    F&O margin for one lot of JSWENERGY (1,075 shares)

    Research profile

    Composite 46 / 100

    Factor percentiles

    Value45
    Quality37
    Momentum30
    Low volatility72

    Derived metrics

    Earn. yield
    2.5%
    Graham no.
    ₹207.80
    vs Graham
    -53.8%
    ROE ÷ P/B
    3.7%
    12-1 mom.
    -4.3%
    Return / vol
    -0.57
    Magic Formula
    #538
    Piotroski
    3/6
    FCF yield
    -0.5%
    PEG
    1.05

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 48 in Energy
    Largest Energy companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Reliance IndustriesRELIANCE₹16.26 L Cr21.761.7811.0%10.0%15.0%0.45+27.0%
    Adani PowerADANIPOWER₹3.60 L Cr19.744.5721.4%17.0%42.0%0.82+44.5%
    NTPCNTPC₹2.91 L Cr10.481.4214.2%9.0%32.0%1.33+7.8%
    Oil & Natural Gas CorpONGC₹2.87 L Cr6.600.7713.9%14.0%8.0%0.47+25.7%
    Coal IndiaCOALINDIA₹2.50 L Cr8.002.0628.1%35.0%26.0%0.12+7.8%
    Power Grid CorpPOWERGRID₹2.30 L Cr14.442.2916.5%9.0%82.0%1.47+2.7%
    Adani Green EnergyADANIGREEN₹2.06 L Cr113.649.0512.4%7.0%89.0%5.48+41.6%
    JSW EnergyJSWENERGY₹82,421 Cr40.552.579.5%8.0%55.0%2.50+1.2%
    Sector median₹37,958 Cr17.781.8913.8%11.5%26.0%0.77+20.7%

    Sector as classified in the tracked universe; medians use every tracked Energy company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 10d ago

    Headlines about JSW Energy from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    41.4
    EPS (TTM)
    ₹11.10
    Price / Book
    2.57
    ROE (FY26)
    9.5%
    ROCE (latest year)
    8%
    Dividend yield
    0.44%

    Moving averages (NSE)

    20-day
    ₹482.15
    Price below
    50-day
    ₹513.57
    Price below
    200-day
    ₹523.28
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +22.3%
    Profit 3Y CAGR
    +23.1%
    Revenue YoY (Jun 2026)
    +1.2%
    Profit YoY (Jun 2026)
    -36.2%
    Operating margin
    55.0%
    Net margin
    10.2%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr2K Cr4K Cr6K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%30%60%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • DII
    • FII
    • Public
    • Government
    • Others

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-40K Cr-20K Cr0 Cr20K Cr40K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr20K Cr40K Cr60K Cr80K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x2x4x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY18FY19FY20FY21FY22FY23FY24FY25FY26FY27₹0₹0.5₹1₹1.5₹2

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales3,2592,5432,7562,8793,2382,4393,1895,1435,1774,0824,4995,207
    Expenses1,3791,4321,5871,4621,5531,5251,9852,3552,1812,0522,2492,334
    Operating Profit1,8801,1111,1691,4181,6859141,2042,7892,9962,0302,2502,873
    OPM %58%44%42%49%52%37%38%54%58%50%50%55%
    Other Income134120130167230206313271186111356232
    Interest5145215335115185646751,3061,4181,4851,6081,519
    Depreciation409400427375392406482739809829809890
    Profit before tax1,0923103396981,0051503611,015955-173188696
    Tax %22%25%-2%24%13%-5%-15%18%14%-406%-205%23%
    Net Profit857232345534877157415836824529574533
    EPS in Rs₹5.17₹1.41₹2.14₹2.99₹4.88₹0.96₹2.33₹4.25₹4.03₹2.40₹2.11₹2.57

    From company filings, updated 27 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days31

    -20 days since Mar 2021

    Cash Conversion Cycle31

    -20 days since Mar 2021

    Working Capital Days-268

    -254 days since Mar 2021

    Strengths, risks & growth

    JSW Energy Ltd and its subsidiaries are primarily engaged in the business of generation of power from its power assets located at Karnataka, Maharashtra, Nandyal and Salboni. It is the holding company for the JSW group's power business. The company also has a JV company engaged in mining activities and an associate engaged in manufacturing of turbines. [1]

    Strengths

    • Company is expected to give good quarter
    • Company has delivered good profit growth of 23.0% CAGR over last 5 years
    • Company has been maintaining a healthy dividend payout of 17.5%

    Risks

    • Stock is trading at 2.57 times its book value
    • Company has low interest coverage ratio.
    • Tax rate seems low
    • Company has a low return on equity of 7.72% over last 3 years.
    • Promoter holding has decreased over last 3 years: -6.86%

    Compounded Sales Growth

    10 Years
    +7%
    5 Years
    +22%
    3 Years
    +22%
    TTM
    +35%

    Compounded Profit Growth

    10 Years
    +5%
    5 Years
    +23%
    3 Years
    +19%
    TTM
    -8%

    Stock Price CAGR

    10 Years
    +21%
    5 Years
    +4%
    3 Years
    +5%
    1 Year
    -15%

    Return on Equity

    10 Years
    +7%
    5 Years
    +8%
    3 Years
    +8%
    Last Year
    +8%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter69.26%69.41%66.53%66.53%0.00 pp
    FII9.50%9.74%11.41%10.91%-0.50 pp
    DII14.39%14.29%16.16%16.68%+0.52 pp
    Government0.03%0.03%0.03%0.03%0.00 pp
    Public6.74%6.44%5.82%5.83%+0.01 pp
    Others0.07%0.06%0.06%0.03%-0.03 pp

    Filed with NSE for Sept 2026: promoters 66.53%, public 33.44% · XBRL filing

    Analysts & fund holdings

    67%
    67% recommend buy
    18 analysts cover the stock
    Valuation vs Independent Power and Renewable Electricity Producers
    P/E40.5 vs 24.7
    Sector P/B2.72
    Beta1.33

    Who holds the shares, quarter by quarter

    Mutual funds 7.55% (+0.12 pp)
    Sept 25
    Dec 25
    Mar 26
    May 26
    Jun 26
    Sept 26
    • Promoters66.5%
    • Foreign institutions10.9%
    • Mutual funds7.5%
    • Insurance7.7%
    • Other domestic institutions1.4%
    • Retail3.0%
    • Others2.8%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    SBI Aggressive Hybrid Fund1.40%1.44%-0.27 pp
    SBI Large & Midcap Fund0.44%0.92%-0.15 pp
    SBI Contra Fund0.42%0.83%-0.10 pp
    Mirae Asset Large Cap Fund0.37%0.92%-0.09 pp
    SBI Energy Opportunities Fund0.34%3.77%-0.29 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    30.1%
    Downside volatility
    29.5%
    Worst 5% of days
    2.8%
    Average of that tail
    4.2%
    Max drawdown (1Y)
    25.5%
    Below its peak
    25.5%

    Against the market

    Beta vs Nifty 50
    0.87
    Correlation
    0.39
    Relative strength (3M)
    -14.2%
    ATR (14)
    3.2%

    Return

    Return 1M
    -13.4%
    Return 3M
    -19.5%
    Return 6M
    -20.0%
    Return 1Y
    -17.1%
    vs 200-day average
    -14.3%

    Momentum

    RSI (14)
    32.1
    MACD histogram
    -0.64
    Stochastic %K
    12.9
    ADX (14)
    25.0
    +DI / −DI
    14.9 / 38.1
    Money flow index
    63.3

    Participation

    Delivery (20d avg)
    52.8%
    vs its 60-day baseline
    +0.2 pts
    Volume vs 20-day
    +0.2σ
    Close vs day's VWAP
    +0.4%
    52-week position
    5 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    3 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — failed
    • Current ratio improving — failed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — failed
    • Asset turnover improving — passed
    Free cash flow
    -₹412 Cr
    FCF yield
    -0.5%
    Cash conversion
    3.58
    Accruals ratio
    -0.057
    Net debt
    ₹72,804 Cr
    Net debt / equity
    2.37
    EV / sales
    8.17
    PEG
    1.05
    Capex intensity
    54.5%
    Revenue CAGR
    41.0%
    Profit CAGR
    38.4%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Insider trades

    Last 12 months, market trades
    Net buying ₹1241 Cr
    5 buys · ₹1253 Cr
    83 sells · ₹12.4 Cr
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    JSW Energy Employees Welfare Trust
    Trust · Off Market
    Sell7,088₹70,8801 Oct 2026
    JSW Energy Employees ESOP Trust
    Trust · Off Market
    Sell9,500₹95,0001 Oct 2026
    JSW Energy Employees Welfare Trust
    Trust · Off Market
    Sell3,114₹31,1401 Oct 2026
    JSW Energy Employees Welfare Trust
    Trust · Off Market
    Sell26,419₹2.6 L21 Sept 2026
    JSW Energy Employees Welfare Trust
    Trust · Market Sale
    Sell1,340₹7.2 L10 Sept 2026
    JSW Energy Employees Welfare Trust
    Trust · Market Sale
    Sell1,766₹9.4 L10 Sept 2026
    JSW Energy Employees Welfare Trust
    Trust · Market Sale
    Sell1,413₹7.4 L10 Sept 2026
    JSW Energy Employees Welfare Trust
    Trust · Market Sale
    Sell2,276₹12.0 L4 Sept 2026
    JSW Energy Employees Welfare Trust
    Trust · Off Market
    Sell56,554₹5.7 L4 Sept 2026
    JSW Energy Employees Welfare Trust
    Trust · Off Market
    Sell1,37,065₹13.7 L4 Sept 2026
    JSW Energy Employees Welfare Trust
    Trust · Market Sale
    Sell287₹1.5 L4 Sept 2026
    JSW Energy Employees Welfare Trust
    Trust · Market Sale
    Sell2,141₹11.5 L4 Sept 2026

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Corporate actions

    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      5 Jun 2026
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      6 Jun 2025
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      31 May 2024
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      2 Jun 2023
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      30 May 2022
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      27 Jul 2021
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 1 Per Share

      4 Aug 2020
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend Re -1 Per Share

      2 Aug 2019
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      27 Jul 2018
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/ Dividend - Re 0.0 Per Share

      30 Jun 2017
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/ Dividend - Rs 2/- Per Share

      11 Jul 2016
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting/ Dividend - Rs 2 Per Share

      10 Jul 2015
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting / Dividend - Rs 2/- Per Share

      11 Jul 2014
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting / Final Dividend Rs.2/- Per Equity Share

      12 Jul 2013
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting And Dividend Re.0.50 Per Share

      14 Jun 2012
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting And Dividend Re.1/- Per Share

      16 Jun 2011
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting And Dividend Re.0.75 Per Share

      29 Jun 2010
      ex-date

    Company announcements

    Company Update
    Assignment Of Credit Rating

    Assignment of Credit Rating

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    As informed earlier, a meeting of the Board of Directors is scheduled to be held on Wednesday, 28th October 2026, to consider and approve, inter-alia, the unaudited Standalone and Consolidated ....

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Pursuant To Regulation 29(1) Of The SEBI (LODR) Regulations, 2015, This Is To Inform You That, A Meeting Of The Board Of Directors Of The Company Will Be Held On Wednesday, 28Th October 2026

    JSW Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2026 ,inter alia, to consider and approve Pursuant to Regulation 29(1) of ....

    Company Update
    Intimation Of Receipt Of Certified Copy Of Order Sanctioning The Scheme Of Arrangement Between GE Power India Limited ('GEPIL' Or 'Demerged Company') And JSW Energy Limited ('Company' Or 'Resulting Company') And Their Respective Shareholders Under Sections 230 To 232 And Other Applicable Provisions Of The Companies Act, 2013 ('Scheme')

    Intimation of receipt of certified copy of order sanctioning the Scheme of Arrangement between GE Power India Limited ('GEPIL' or 'Demerged Company') and JSW Energy Limited ('Company' or ....

    Company Update
    Assignment Of Credit Rating - O2 Companies

    Assignment of Credit Rating - O2 Companies

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September 2026

    Company Update
    Affirmation Of Credit Rating - JSW Renew Energy Limited

    Affirmation of Credit Rating - JSW Renew Energy Limited

    Company Update
    Assignment Of Credit Rating - JSW Renew Energy Thirty Two Limited

    Assignment of Credit Rating - JSW Renew Energy Thirty Two Limited

    Company Update
    Assignment Of Credit Rating - JSW Renewable Energy Dolvi Three Limited

    Assignment of Credit Rating - JSW Renewable Energy Dolvi Three Limited

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Intimation regarding newspaper publication of the Notice of Postal Ballot

    Company Update
    Intimation Regarding Notice Of Postal Ballot Dated 6Th October 2026 For The Appointment Of Mr. Sanjay Sagar (DIN:00019489) As A Non-Executive, Non-Independent Director Of The Company.

    Intimation regarding Notice of Postal Ballot dated 6th October 2026 for the appointment of Mr. Sanjay Sagar (DIN:00019489) as a Non-Executive, Non-Independent Director of the Company.

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    Intimation regarding Notice of Postal Ballot dated 6th October 2026 for the appointment of Mr. Sanjay Sagar (DIN:00019489) as a Non-Executive, Non-Independent Director of the Company.

    Company Update
    JSW Energy'S Installed Capacity Reaches 15.1 GW; Adds 1.7 GW Since April 2026

    JSW Energy's Installed Capacity Reaches 15.1 GW; Adds 1.7 GW since April 2026

    Company Update
    Intimation Of Receipt Of Copy Of Order Sanctioning The Scheme Of Arrangement Between GE Power India Limited ('GEPIL' Or 'Demerged Company') And JSW Energy Limited ('Company' Or 'Resulting Company') And Their Respective Shareholders Under Sections 230 To 232 And Other Applicable Provisions Of The Companies Act, 2013 ('Scheme')

    Intimation of receipt of copy of order sanctioning the Scheme of Arrangement between GE Power India Limited ('GEPIL' or 'Demerged Company') and JSW Energy Limited ('Company' or 'Resulting ....

    Insider Trading / SAST
    Closure of Trading Window

    Intimation of Closure of Trading Window

    Filed with BSE (scrip 533148); the last 45 days. Documents open at bseindia.com.

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 22 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    JSW Energy: common questions

    Answered from the figures on this page.

    JSW Energy last traded at ₹449.65 (NSE, as of 26 Oct 2026). The last session moved it up 0.25%.

    JSW Energy is valued at about ₹82,421 crore (NSE, as of 26 Oct 2026).

    JSW Energy trades at a price-to-earnings ratio of 40.55 (NSE, as of 26 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    JSW Energy has traded between ₹427.75 and ₹617.35 over the past 52 weeks, to 26 Oct 2026. It is currently 12% of the way up that range.

    JSW Energy (JSWENERGY) is classified under Energy on this site's screener.