JSW Energy Ltd
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]
- Market Cap ₹ 1,15,300 Cr.
- Current Price ₹ 660
- High / Low ₹ 805 / 404
- Stock P/E 59.1
- Book Value ₹ 160
- Dividend Yield 0.30 %
- ROCE 8.59 %
- ROE 8.40 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 19.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.1%
- Debtor days have improved from 37.0 to 26.8 days.
Cons
- Stock is trading at 4.12 times its book value
- Company has a low return on equity of 8.66% over last 3 years.
- Promoter holding has decreased over last 3 years: -5.36%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Part of BSE Dollex 200 Nifty Next 50 Nifty 500 BSE LargeCap Nifty 200
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8,870 | 8,648 | 9,347 | 9,824 | 8,263 | 8,049 | 9,138 | 8,273 | 6,922 | 8,167 | 10,332 | 11,486 | 11,416 | |
6,069 | 5,394 | 5,723 | 5,796 | 4,939 | 5,336 | 6,283 | 5,316 | 4,009 | 4,596 | 7,050 | 6,104 | 6,034 | |
Operating Profit | 2,801 | 3,255 | 3,624 | 4,029 | 3,324 | 2,713 | 2,855 | 2,957 | 2,913 | 3,572 | 3,282 | 5,382 | 5,382 |
OPM % | 32% | 38% | 39% | 41% | 40% | 34% | 31% | 36% | 42% | 44% | 32% | 47% | 47% |
9 | -179 | 196 | 340 | 221 | 47 | 398 | 376 | 248 | 575 | 674 | 472 | 648 | |
Interest | 963 | 1,206 | 1,137 | 1,498 | 1,685 | 1,456 | 1,192 | 1,051 | 896 | 777 | 844 | 2,053 | 2,083 |
Depreciation | 662 | 810 | 790 | 854 | 969 | 966 | 1,164 | 1,738 | 1,167 | 1,131 | 1,169 | 1,633 | 1,594 |
Profit before tax | 1,186 | 1,060 | 1,892 | 2,017 | 892 | 338 | 897 | 544 | 1,099 | 2,238 | 1,943 | 2,167 | 2,352 |
Tax % | 23% | 27% | 27% | 28% | 30% | 75% | 24% | 6% | 25% | 22% | 24% | 20% | |
901 | 760 | 1,358 | 1,460 | 623 | 85 | 684 | 1,081 | 823 | 1,743 | 1,480 | 1,725 | 1,988 | |
EPS in Rs | 5.51 | 4.60 | 8.23 | 8.83 | 3.84 | 0.48 | 4.24 | 6.70 | 4.84 | 10.51 | 8.99 | 10.47 | 11.42 |
Dividend Payout % | 36% | 43% | 24% | 22% | 13% | 0% | 24% | 15% | 41% | 19% | 22% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 18% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 20% |
3 Years: | 29% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 57% |
3 Years: | 30% |
1 Year: | 61% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1,640 | 1,640 | 1,640 | 1,627 | 1,628 | 1,640 | 1,641 | 1,642 | 1,642 | 1,640 | 1,641 | 1,641 | 1,745 |
Reserves | 4,564 | 4,931 | 5,878 | 8,077 | 8,741 | 9,470 | 10,181 | 10,004 | 12,865 | 15,775 | 16,988 | 19,191 | 26,226 |
10,377 | 10,106 | 9,294 | 14,862 | 14,349 | 11,883 | 10,555 | 9,840 | 8,371 | 8,943 | 25,051 | 31,573 | 30,853 | |
3,798 | 2,567 | 2,608 | 3,973 | 3,672 | 3,728 | 3,549 | 3,445 | 3,328 | 4,157 | 4,737 | 5,362 | 6,108 | |
Total Liabilities | 20,378 | 19,244 | 19,420 | 28,539 | 28,389 | 26,721 | 25,926 | 24,931 | 26,207 | 30,514 | 48,417 | 57,767 | 64,932 |
13,925 | 13,635 | 13,191 | 20,298 | 19,491 | 18,877 | 17,825 | 16,713 | 15,637 | 14,831 | 25,020 | 28,946 | 31,573 | |
CWIP | 977 | 615 | 454 | 321 | 531 | 294 | 400 | 391 | 473 | 2,091 | 4,788 | 10,285 | 10,410 |
Investments | 955 | 888 | 1,619 | 1,012 | 1,579 | 2,415 | 2,451 | 1,854 | 4,052 | 6,623 | 6,033 | 7,035 | 10,101 |
4,521 | 4,107 | 4,157 | 6,908 | 6,789 | 5,135 | 5,251 | 5,974 | 6,045 | 6,970 | 12,576 | 11,501 | 12,847 | |
Total Assets | 20,378 | 19,244 | 19,420 | 28,539 | 28,389 | 26,721 | 25,926 | 24,931 | 26,207 | 30,514 | 48,417 | 57,767 | 64,932 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,725 | 2,269 | 3,394 | 3,538 | 3,853 | 3,934 | 2,491 | 2,082 | 3,700 | 2,952 | 2,084 | 6,234 | |
-944 | -363 | -422 | -3,272 | -762 | -215 | -55 | 301 | -1,030 | -1,387 | -6,778 | -8,197 | |
-684 | -1,859 | -2,327 | -1,622 | -2,595 | -3,968 | -2,523 | -1,962 | -2,515 | -781 | 7,327 | 1,675 | |
Net Cash Flow | 96 | 48 | 645 | -1,357 | 496 | -249 | -87 | 421 | 155 | 784 | 2,634 | -289 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 76 | 51 | 46 | 108 | 96 | 52 | 57 | 93 | 51 | 30 | 54 | 27 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 76 | 51 | 46 | 108 | 96 | 52 | 57 | 93 | 51 | 30 | 54 | 27 |
Working Capital Days | -74 | -51 | -54 | -36 | -61 | -99 | -72 | -44 | 1 | -18 | 40 | -9 |
ROCE % | 14% | 15% | 18% | 16% | 10% | 9% | 9% | 7% | 9% | 12% | 7% | 9% |
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
17 Dec - Postal ballot notice for Mr. Ajoy Mehta's appointment.
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JSW Energy Reaches 20 GW Locked-In Capacity, Secures 445 MW Of C&I Projects
16 Dec - JSW Energy reaches 20 GW locked-in capacity, secures 445 MW projects.
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Update - Material Litigation Under Regulation 30(4) Of The Securities Exchange Board Of India (LODR) Regulations, 2015 ('Listing Regulations')
13 Dec - MSEDCL challenges invoices raised by JSW Energy.
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Clarification On Recent Media Reports At Ratnagiri
12 Dec - JSW Energy clarifies no gas storage at Ratnagiri plant.
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Credit Rating Affirmation - Jaigad Powertransco Limited
11 Dec - Credit rating affirmation for Jaigad PowerTransco Limited.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Concalls
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Oct 2024TranscriptNotesPPT
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Jul 2024Transcript PPT REC
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Jan 2024TranscriptNotesPPT REC
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Oct 2023Transcript PPT
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Oct 2022TranscriptNotesPPT
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Oct 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Aug 2017TranscriptPPT
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Oct 2016TranscriptPPT
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Jul 2016TranscriptPPT
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Jan 2016TranscriptPPT
Thermal Projects as on Q2FY24[1]
Total Thermal Capacity : 3,858 MW
Operational Capacity : 3,158 MW
Under Construction : Ind-Barath 700 MW