JSW Energy Live Share Price Today, Share Analysis and Chart

Reports issued by the Monitoring Agencies for the quarter ended 30th September 2026

Conference Call with JSW Energy Management and Analysts on Q2FY27 Performance and Outlook. Listen to the full earnings transcript.

Power - Electric Utilities company JSW Energy announced Q2FY27 results Consolidated Financial Highlights Revenue from Operations: Stood at Rs 6,368.47 crore in Q2FY27, up 22.30% QoQ compared to Rs 5,207.13 crore in Q1FY27 and up 23.00% YoY compared to Rs 5,177.42 crore in Q2FY26. Other Income: Reached Rs 289.24 crore in Q2FY27, growing 26.06% QoQ from Rs 229.44 crore in Q1FY27 and 57.50% YoY from Rs 183.65 crore in Q2FY26. Total Income: Stood at Rs 6,657.71 crore in Q2FY27, reflecting an increase of 22.46% QoQ from Rs 5,436.57 crore in Q1FY27 and an increase of 24.19% YoY from Rs 5,361.07 crore in Q2FY26. Profit Before Tax (PBT): Reported at Rs 1,347.86 crore in Q2FY27, showing a significant increase of 93.71% QoQ compared to Rs 695.81 crore in Q1FY27 and 41.06% YoY compared to Rs 955.49 crore in Q2FY26. Profit After Tax (PAT): Reached Rs 1,141.04 crore in Q2FY27, rising 114.20% QoQ against Rs 532.70 crore in Q1FY27 and up 38.43% YoY against Rs 824.27 crore in Q2FY26. PAT Attributable to Owners of the Company: Stood at Rs 1,056.37 crore in Q2FY27, up 124.30% QoQ compared to Rs 470.97 crore in Q1FY27 and up 49.91% YoY compared to Rs 704.68 crore in Q2FY26. Cash PAT (as per Media Release): Stood at Rs 2,099 crore in Q2FY27, increasing by 39% YoY. EBITDA (as per Media Release): Grew 23% YoY to Rs 3,907 crore in Q2FY27 from Rs 3,180 crore in Q2FY26. Operating EBITDA Margin: Stood at 56.79% in Q2FY27 compared to 55.22% in Q1FY27 and 57.91% in Q2FY26. Net Profit Margin: Stood at 17.14% in Q2FY27 compared to 9.80% in Q1FY27 and 15.38% in Q2FY26. Earnings Per Share (EPS): Basic EPS: Rs 5.77 in Q2FY27 versus Rs 2.64 in Q1FY27 and Rs 4.04 in Q2FY26. Diluted EPS: Rs 5.62 in Q2FY27 versus Rs 2.57 in Q1FY27 and Rs 4.04 in Q2FY26. Net Worth: Consolidated net worth stood at Rs 36,709.91 crore as of September 30, 2026, compared to Rs 30,751.51 crore as of March 31, 2026. Leverage and Liquidity Ratios: Debt-Equity Ratio: 2.21 times in Q2FY27 compared to 2.05 times in Q1FY27 and 2.34 times in Q2FY26. Debt Service Coverage Ratio (not annualised): 1.47 times in Q2FY27 compared to 1.25 times in Q1FY27 and 1.20 times in Q2FY26. Interest Service Coverage Ratio (not annualised): 2.69 times in Q2FY27 compared to 2.21 times in Q1FY27 and 2.40 times in Q2FY26. Current Ratio: 1.02 times in Q2FY27 compared to 1.02 times in Q1FY27 and 0.77 times in Q2FY26. Cash & Cash Equivalents: Sizable liquidity buffer with cash & cash equivalents standing at Rs 15,698 crore as of September 30, 2026 (compared to Rs 6,181 crore in Q2FY26). Standalone Financial Highlights Revenue from Operations: Stood at Rs 922.26 crore in Q2FY27, down 16.24% QoQ from Rs 1,101.07 crore in Q1FY27, but up 18.26% YoY from Rs 779.86 crore in Q2FY26. Other Income: Reached Rs 255.34 crore in Q2FY27, an increase of 25.31% QoQ from Rs 203.76 crore in Q1FY27 and 24.79% YoY from Rs 204.62 crore in Q2FY26. Total Income: Recorded at Rs 1,177.60 crore in Q2FY27, down 9.75% QoQ compared to Rs 1,304.83 crore in Q1FY27, but up 19.62% YoY compared to Rs 984.48 crore in Q2FY26. Profit Before Tax (PBT): Stood at Rs 177.75 crore in Q2FY27, decreasing 8.13% QoQ from Rs 193.48 crore in Q1FY27 and down 7.83% YoY from Rs 192.84 crore in Q2FY26. Profit After Tax (PAT): Reported at Rs 261.21 crore in Q2FY27, rising 38.95% QoQ from Rs 187.99 crore in Q1FY27 and 37.36% YoY from Rs 190.17 crore in Q2FY26. Total Comprehensive Income: Stood at Rs 40.85 crore in Q2FY27 compared to Rs 965.95 crore in Q1FY27 and Rs 921.11 crore in Q2FY26. Earnings Per Share (EPS): Basic EPS: Rs 1.43 in Q2FY27 versus Rs 1.05 in Q1FY27 and Rs 1.09 in Q2FY26. Diluted EPS: Rs 1.39 in Q2FY27 versus Rs 1.02 in Q1FY27 and Rs 1.09 in Q2FY26. Operating EBITDA Margin: 23.94% in Q2FY27 compared to 26.89% in Q1FY27 and 33.19% in Q2FY26. Net Profit Margin: 22.18% in Q2FY27 compared to 14.41% in Q1FY27 and 19.32% in Q2FY26. Debt-Equity Ratio: 0.52 times in Q2FY27 versus 0.45 times in Q1FY27 and 0.61 times in Q2FY26. Current Ratio: 0.70 times in Q2FY27 versus 0.74 times in Q1FY27 and 0.24 times in Q2FY26. Business & Segment-Wise Highlights 1. Consolidated Segment Performance: Segment Revenue: Thermal: Rs 3,814.82 crore in Q2FY27, up 10.46% QoQ from Rs 3,453.46 crore in Q1FY27 and up 17.71% YoY from Rs 3,240.83 crore in Q2FY26. Renewables: Rs 2,532.17 crore in Q2FY27, up 45.49% QoQ from Rs 1,740.48 crore in Q1FY27 and up 31.50% YoY from Rs 1,925.58 crore in Q2FY26. Unallocated: Rs 21.48 crore in Q2FY27 compared to Rs 13.19 crore in Q1FY27 and Rs 11.01 crore in Q2FY26. Segment Results (Profit before tax, finance costs, and unallocable income): Thermal: Rs 1,105.93 crore in Q2FY27, increasing 3.72% QoQ from Rs 1,066.26 crore in Q1FY27 and 8.38% YoY from Rs 1,020.43 crore in Q2FY26. Renewables: Rs 1,666.24 crore in Q2FY27, increasing 66.92% QoQ from Rs 998.22 crore in Q1FY27 and 32.29% YoY from Rs 1,259.51 crore in Q2FY26. Unallocated: Rs (10.51) crore in Q2FY27 compared to Rs 4.51 crore in Q1FY27 and Rs (2.51) crore in Q2FY26. 2. Operational Highlights & Generation: Total Installed Capacity: Reached 15,147 MW as of October 5, 2026. Portfolio Mix: Renewables account for 9,189 MW (61%), comprising 3,125 MW wind, 2,426 MW solar, 1,857 MW hybrid, and 1,781 MW hydro capacity, complemented by 5,958 MW of thermal capacity. Capacity Additions: Added 813 MW in Q2FY27 (+513 MW RE and +300 MW Thermal). Added 1,686 MW in H1FY27 (+1,386 MW RE and +300 MW Thermal). Added an additional 8 MW of hybrid capacity in the first 5 days of October 2026, bringing total YTD capacity addition to 1,694 MW. Power Sales: Increased 17% YoY to 17.5 billion units (BUs) in Q2FY27 from 14.9 BUs in Q2FY26. Thermal Generation: Grew 13% YoY to 8.9 BUs from 7.8 BUs, driven by higher generation at Mahanadi (+16% YoY) and Utkal (+48% YoY). Renewable Generation: Grew 21% YoY to 8.6 BUs from 7.1 BUs, supported by new capacity additions and higher PLFs. Wind generation grew 25% YoY and solar generation grew 36% YoY. Offtake Mix: Net long-term PPA sales increased 22% YoY to 16.4 BUs (from 13.4 BUs), while short-term sales declined 28% YoY to 1.1 BUs (from 1.5 BUs) due to Utkal capacity transitioning under a long-term PPA. Plant Load Factors (PLFs) in Q2FY27: Vijayanagar: Average PLF of 48% (deemed 89%) vs 61% (deemed 89%) in Q2FY26. Ratnagiri: Average PLF of 75% (deemed 94%) vs 73% (deemed 91%) in Q2FY26. Barmer: Average PLF of 67% (deemed 76%) vs 66% (deemed 78%) in Q2FY26. Mahanadi: Average PLF of 90% (deemed 97%) vs 77% (deemed 99%) in Q2FY26. Utkal: Average PLF of 82% (deemed 88%) vs 56% in Q2FY26. Maruti: Average PLF of 90% (deemed 94%) in Q2FY27. Hydro: Average long-term PLF of 99% vs 91% in Q2FY26. Solar: Average CUF of 19% vs 19% in Q2FY26. Wind: Average CUF of 46% vs 41% in Q2FY26. 3. Strategic & Corporate Updates: Inorganic Growth: Acquired 100% equity share capital of Maruti Clean Coal & Power Limited (operating a 300 MW thermal plant in Korba, Chhattisgarh) on August 6, 2026, for an enterprise value of approximately Rs 1,410 crore. Hydroelectric JV in Bhutan: Signed a Shareholders’ Agreement with Druk Green Power Corporation Limited (DGPC) to jointly develop the 920 MW Punatsangchhu-III Hydroelectric Project (JV held 51:49 by DGPC and JSW Neo Energy), marking the Company's first power generation venture outside India. Thermal Equipment Sourcing: Completed turbine-generator orders for the entire 3,200 MW (4 x 800 MW) Salboni Thermal Project in West Bengal with Toshiba JSW Power Systems. Demerger Sanction: NCLT sanctioned the Scheme of Arrangement with GE Power India Limited (GEPIL) on October 1, 2026, for the demerger of GEPIL's boiler business at Durgapur into JSW Energy (swap ratio of 10 JSW Energy shares for every 139 GEPIL shares). Fund Raising: Approved raising long-term funds up to Rs 5,000 crore via issuance of rated and listed Non-Convertible Debentures (NCDs) on a private placement basis. Approved seeking enabling approval via postal ballot to raise funds not exceeding Rs 6,000 crore (being the unutilised portion of the earlier approved limit of Rs 10,000 crore). Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, said: "Q2 FY27 marks JSW Energy's highest-ever quarterly EBITDA and PAT, as the capacity we have been building steadily translates into earnings. In H1 FY27, we added 1.7 GW, including 1.4 GW of renewables, among the highest capacity additions in the sector, and crossed the 15 GW milestone. With land, transmission connectivity and equipment supply secured for the remaining projects, and the stronger construction season now underway, we are confident of achieving our FY27 target of 3 GW. Our robust balance sheet and the execution discipline of Strategy 3.0 give us clear visibility towards 30 GW by FY30." Result PDF

Appointment of Mr. Chandrasekaran Prabhakaran as an Additional and Whole-time Director designated as Director -Finance

Extending the validity of existing approval from the Members of the Company for fund raise