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 ₹ 95,079 Cr.
- Current Price ₹ 544
- High / Low ₹ 805 / 452
- Stock P/E 48.8
- Book Value ₹ 160
- Dividend Yield 0.35 %
- 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 3.46 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: -5.34%
* 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 Nifty LargeMidcap 250 BSE Dividend Stability Index BSE India Infrastructure Index Nifty 500 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 | |
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10 Years: | 3% |
5 Years: | 5% |
3 Years: | 18% |
TTM: | 3% |
Compounded Profit Growth | |
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10 Years: | 5% |
5 Years: | 20% |
3 Years: | 29% |
TTM: | 23% |
Stock Price CAGR | |
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10 Years: | 17% |
5 Years: | 52% |
3 Years: | 22% |
1 Year: | 13% |
Return on Equity | |
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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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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16h - On Tuesday, 28th January, 2025, to consider and approve, inter-alia, the unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine …
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Board Meeting Intimation for 1. Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2024; And
2. Raising Of Long Term Funds By Way Of Issuance Of Non-Convertible Debentures On Private Placement Basis.
17h - Board meeting to discuss financial results and fund raising.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 16 Jan
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 16 Jan
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Synchronisation Of JSW Energy (Utkal) Limited'S Unit 2 (350 MW) Thermal Power Plant
15 Jan - JSW Energy synchronizes Unit-2 (350 MW) of Utkal Thermal Power Plant.
Annual reports
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Financial Year 2024
from bse
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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
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
Concalls
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Oct 2024TranscriptNotesPPT
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Jul 2024Transcript PPT REC
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May 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Jan 2024TranscriptNotesPPT REC
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Oct 2023Transcript PPT
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Oct 2023TranscriptNotesPPT
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Jul 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Jan 2023Transcript PPT
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Oct 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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Jul 2022TranscriptNotesPPT
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Jan 2022TranscriptPPT
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Oct 2021TranscriptPPT
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Jul 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Jan 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Jul 2020TranscriptPPT
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May 2020TranscriptPPT
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Feb 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Aug 2019TranscriptPPT
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May 2019TranscriptPPT
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Jan 2019TranscriptPPT
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Aug 2017TranscriptPPT
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Jan 2017TranscriptPPT
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Oct 2016TranscriptPPT
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Jul 2016TranscriptPPT
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Jan 2016TranscriptPPT
Business Segments
1) Thermal Energy Projects (63% in H1 FY25 vs 75% in FY22): [1] [2] The company has a total thermal power generation capacity of 3,508 MW, comprising 1,200 MW at Ratnagiri, 1,080 MW at Barmer, 860 MW at Vijayanagar, 350 MW at Utkal, and 18 MW TPP at Nandyal. [3]