JSW Energy Limited (JSWENERGY) AI Stock Analysis

• Market Cap: ₹958.91B
• Dividend Yield: 0.37%
• Average Volume (3M): 113.37K
• Price to Earnings (P/E): 44.1
• Beta (1Y): 1.03
• Revenue Growth: 22.49%
• EPS Growth: 6.11%
• Country: IN
• Employees: 2,500
• Sector: Energy
• Sector Strength: 52
• Industry: Independent Power Producers
• EPS (TTM): 4.04
• Shares Outstanding: 1,747,768,400
• 10 Day Avg. Volume: 122,881
• 30 Day Avg. Volume: 113,370
• PEG Ratio: 7.11
• Price to Book (P/B): 3.33
• Price to Sales (P/S): 7.76
• P/FCF Ratio: -30.30
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹586.67
• Price Target Upside: 8.50% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 67 Neutral
• Price Target: ₹574.00 ▲(6.16% Upside)

JSW Energy's strong financial performance is offset by high leverage and negative free cash flow, which are significant risks. The technical analysis shows moderate strength, but the high P/E ratio suggests overvaluation, limiting the stock's attractiveness.

JSW Energy Limited Business Overview & Revenue Model

Company Description

JSW Energy Limited generates and sells power in India. The company has a power generation capacity of 4,559 MW, which includes 3,158 MW of thermal, 1,391 MW of hydro, and 10 MW of solar. It has operations in the States of Karnataka, Maharashtra, Rajasthan, Himachal Pradesh, Andhra Pradesh, and West Bengal. The company also engages in power transmission and trading activities; and coal mining in South Africa. JSW Energy Limited was incorporated in 1994 and is based in Mumbai, India.

How the Company Makes Money

JSW Energy Limited generates revenue primarily through the sale of electricity produced from its various power plants. The company operates a diversified portfolio that includes thermal power plants fueled by coal and lignite, as well as renewable energy plants utilizing wind, solar, and hydroelectric sources. Revenue is earned through long-term power purchase agreements (PPAs) with state utilities and industrial customers, ensuring stable and predictable cash flows. Additionally, JSW Energy engages in the trading of power in the open market, taking advantage of price fluctuations to enhance profitability. Strategic partnerships and joint ventures in the renewable energy sector also contribute to the company's earnings, as it continues to expand its capabilities in green energy solutions.

JSW Energy Limited Financial Statement Overview

Summary

JSW Energy demonstrates strong revenue and profit growth with solid operational margins. However, high leverage and negative free cash flow due to substantial capital expenditures present potential risks.

Income Statement

JSW Energy demonstrates strong revenue growth, with a notable increase from 2024 to 2025. Gross and net profit margins are healthy, indicating efficient cost management. The EBIT and EBITDA margins reflect solid operational performance. However, the net profit margin shows slight fluctuations over the years, suggesting some variability in net income relative to revenue.

Balance Sheet

The company's balance sheet shows a robust equity position with a growing equity ratio, reflecting financial stability. However, the debt-to-equity ratio is relatively high, indicating significant leverage which could pose risks in a rising interest rate environment. Return on equity is strong, suggesting effective use of shareholders' funds.

Cash Flow

JSW Energy's cash flow statement reveals a volatile free cash flow trend with substantial capital expenditures impacting free cash flow negatively. The operating cash flow to net income ratio is favorable, indicating effective cash generation from operations. However, the free cash flow to net income ratio is concerning, highlighting challenges in maintaining liquidity after investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	140.09B	117.45B	114.86B	103.32B	81.67B	69.22B
Gross Profit	83.66B	66.49B	64.16B	41.99B	44.22B	35.04B
EBITDA	62.00B	52.19B	53.42B	32.90B	36.34B	29.10B
Net Income	21.72B	19.51B	17.23B	14.78B	17.29B	7.95B
Balance Sheet
Total Assets	0.00	899.39B	582.69B	487.42B	309.32B	264.36B
Cash, Cash Equivalents and Short-Term Investments	56.43B	56.51B	46.92B	46.64B	20.77B	11.46B
Total Debt	0.00	501.85B	315.73B	250.51B	89.43B	83.72B
Total Liabilities	-290.85B	608.54B	372.55B	300.08B	135.16B	119.38B
Stockholders Equity	290.85B	273.61B	208.32B	186.29B	174.15B	145.07B
Cash Flow
Free Cash Flow	0.00	-30.09B	-17.99B	-21.52B	6.58B	32.64B
Operating Cash Flow	0.00	38.38B	62.34B	20.84B	29.52B	37.00B
Investing Cash Flow	0.00	-236.13B	-83.18B	-70.09B	-13.92B	-10.33B
Financing Cash Flow	0.00	202.23B	16.75B	73.27B	-7.81B	-25.15B

JSW Energy Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 540.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JSWENERGY, the sentiment is Positive. The current price of 540.7 is above the 20-day moving average (MA) of 539.31, above the 50-day MA of 528.33, and above the 200-day MA of 516.82, indicating a bullish trend. The MACD of 5.02 indicates Negative momentum. The RSI at 53.12 is Neutral, neither overbought nor oversold. The STOCH value of 54.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:JSWENERGY.

JSW Energy Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADANIPOWER	76 Outperform	₹3.03T	25.78	―	―	-1.07%	-22.35%
JSWENERGY	67 Neutral	₹958.91B	44.08	―	0.37%	22.49%	6.11%
ADANIENSOL	67 Neutral	₹1.14T	46.57	―	―	37.58%	1509.00%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SUZLON	64 Neutral	₹735.05B	34.51	―	―	66.67%	140.42%
POWERINDIA	61 Neutral	₹788.32B	153.08	―	0.03%	18.32%	185.03%
ADANIGREEN	61 Neutral	₹1.71T	96.98	―	―	24.27%	38.33%

JSW Energy Limited Corporate Events

JSW Energy Subsidiary Receives ‘IND A/Stable’ Credit Rating

JSW Energy Limited announced that its step-down subsidiary, JSW Renew Energy Three Limited, has been assigned a credit rating of ‘IND A/Stable’ by India Ratings and Research. This rating reflects the company’s stable financial outlook and may enhance its credibility and attractiveness to investors, potentially impacting its market position positively.

JSW Energy’s Subsidiaries Receive Positive Credit Rating

JSW Energy Limited announced that India Ratings and Research has assigned a credit rating of ‘IND A+/Stable’ to the bank loan facilities of its step-down subsidiaries, including JSW Wind Power (Pennar) Private Limited, JSW Wind Power (Isapur) Limited, and JSW Wind Power Limited. This rating assignment reflects positively on the company’s financial stability and could enhance its market positioning in the renewable energy sector, potentially benefiting stakeholders by reinforcing confidence in its operational capabilities.

JSW Energy’s Wind Subsidiaries Receive ‘IND A+/Stable’ Credit Rating

JSW Energy Limited announced that India Ratings and Research has assigned an ‘IND A+/Stable’ credit rating to the bank loan facilities of its step-down subsidiaries, which include JSW Wind Power (Pennar) Private Limited, JSW Wind Power (Isapur) Limited, and JSW Wind Power Limited. This rating assignment reflects positively on the financial stability and creditworthiness of these subsidiaries, potentially enhancing their operational capabilities and market competitiveness.

JSW Energy Commissions First Unit of Kutehr Hydro Plant

JSW Energy Limited has successfully commissioned the first 80 MW unit of its 240 MW Kutehr Hydroelectric Power Plant in Himachal Pradesh, marking a significant milestone in its renewable energy expansion. The project, which includes a long-term power purchase agreement with Haryana Power Purchase Centre, underscores JSW Energy’s commitment to delivering sustainable power and enhancing its renewable energy portfolio, with implications for meeting Haryana’s energy needs and supporting its Hydro Power Purchase Obligations.

JSW Neo Energy Secures Stable Credit Ratings from ICRA

JSW Energy Limited announced that its wholly owned subsidiary, JSW Neo Energy Limited, has been assigned credit ratings by ICRA Limited. The ratings of ‘ICRA AA(CE)/Stable’ for long-term loans and ‘ICRA AA-/Stable/ICRA A1+’ for non-fund based debt facilities indicate a stable outlook, which could positively impact the company’s financial stability and market confidence.

JSW Energy Limited Concludes 31st AGM with Successful Approvals

JSW Energy Limited held its 31st Annual General Meeting (AGM) on July 11, 2025, via video conferencing, where 92 members participated. All items of business were approved by the requisite majority, and the voting results along with the Scrutinizer’s Report were made available on the company’s website and the website of KFin Technologies Limited. The meeting was conducted in compliance with the relevant regulations, and the results will be communicated to the stock exchanges in due course.

JSW Energy Limited Holds Successful 31st AGM with Full Approval of Business Items

JSW Energy Limited successfully conducted its 31st Annual General Meeting (AGM) on July 11, 2025, via video conferencing, where all business items were approved by the members. The meeting included e-voting facilities, and the results, along with the Scrutinizer’s Report, were made available on the company’s and KFin Technologies’ websites, ensuring transparency and compliance with regulatory requirements.

JSW Energy Limited Concludes 31st AGM with Successful Approvals

JSW Energy Limited held its 31st Annual General Meeting on July 11, 2025, via video conferencing, where all business items were approved by the members. The meeting included e-voting, and the results, along with the Scrutinizer’s Report, were made available on the company’s and KFin Technologies’ websites, ensuring transparency and compliance with regulatory requirements.