JSW Energy Ltd
JSWENERGYJSW Energy Ltd
JSWENERGYPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
65.05 | 6.05 | 0.26% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
24.98 | 3.79 | 1.14% |
Forecast & Ratings
Detailed Forecast from 12 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
JSW Energy Limited is an integrated power company primarily engaged in generation and sale of power.
Peers
Compare with peersÂNTPC Ltd
Adani Power Ltd
CESC Ltd
Reliance Power Ltd
GMR Power and Urban Infra Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 10,167.26 | 8,484.49 | 8,670.23 | 9,537.49 | 9,219.40 | 7,176.80 | 8,744.38 | 11,006.34 | 11,957.85 | 11,988.96 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 5,860.08 | ||||||||||
Power & Fuel Cost | 4,993.91 | 4,122.73 | 4,472.39 | 5,496.18 | 4,550.13 | 3,349.96 | 3,571.50 | 5,644.05 | 4,671.11 | |||||||||||
Employee Cost | 183.81 | 211.77 | 196.38 | 243.58 | 242.96 | 236.63 | 264.15 | 307.60 | 364.47 | |||||||||||
Selling & Administrative Expenses | 131.71 | 95.17 | 128.60 | 114.16 | 151.77 | 133.39 | 165.01 | 235.15 | 274.70 | |||||||||||
Operating & Other expenses | 488.94 | 509.40 | 1,112.73 | 430.55 | 370.99 | 295.64 | 597.49 | 863.17 | 793.85 | |||||||||||
EBITDA | 4,368.89 | 3,545.42 | 2,760.13 | 3,253.02 | 3,903.55 | 3,161.18 | 4,146.23 | 3,956.37 | 5,853.72 | 6,128.88 | ||||||||||
Depreciation/Amortization | 854.25 | 969.15 | 966.08 | 1,163.69 | 1,738.26 | 1,166.94 | 1,131.05 | 1,169.23 | 1,633.41 | 1,610.92 | ||||||||||
PBIT | 3,514.64 | 2,576.27 | 1,794.05 | 2,089.33 | 2,165.29 | 1,994.24 | 3,015.18 | 2,787.14 | 4,220.31 | 4,517.96 | ||||||||||
Interest & Other Items | 1,498.11 | 1,684.75 | 1,455.91 | 1,192.40 | 1,051.07 | 895.65 | 776.91 | 844.30 | 2,053.40 | 2,078.79 | ||||||||||
PBT | 2,016.53 | 891.52 | 338.14 | 896.93 | 1,114.22 | 1,098.59 | 2,238.27 | 1,942.84 | 2,166.91 | 2,439.17 | ||||||||||
Taxes & Other Items | 569.17 | 262.49 | 260.17 | 201.80 | 14.30 | 303.11 | 509.65 | 465.08 | 444.20 | 484.58 | ||||||||||
Net Income | 1,447.36 | 629.03 | 77.97 | 695.13 | 1,099.92 | 795.48 | 1,728.62 | 1,477.76 | 1,722.71 | 1,954.59 | ||||||||||
EPS | 8.83 | 3.85 | 0.48 | 4.24 | 6.70 | 4.84 | 10.53 | 9.01 | 10.50 | 11.91 | ||||||||||
DPS | 2.00 | 0.50 | 0.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | ||||||||||
Payout ratio | 0.23 | 0.13 | 0.00 | 0.24 | 0.15 | 0.41 | 0.19 | 0.22 | 0.19 | 0.17 |
Company Updates
Peers & Comparison
UtilitiesPower Generation
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
JSW Energy Ltd | 73.80 | 6.05 | 0.26% |
NTPC Ltd | 19.69 | 2.48 | 1.83% |
Adani Power Ltd | 11.95 | 5.74 | 0.01% |
CESC Ltd | 17.88 | 2.05 | 2.44% |
Price Comparison
Compare JSWENERGY with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 4.07%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 7.00%
Shareholding Pattern
Dec 2023
Mar 2024
Apr 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding JSW Energy Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HSBC Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3116% | Percentage of the fund’s portfolio invested in the stock 3.30% | Change in the portfolio weight of the stock over the last 3 months 0.61% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 54/97 (-1) |
Edelweiss Mid Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1099% | Percentage of the fund’s portfolio invested in the stock 1.80% | Change in the portfolio weight of the stock over the last 3 months -1.22% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 15/83 (+28) |
HSBC Aggressive Hybrid Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0989% | Percentage of the fund’s portfolio invested in the stock 2.15% | Change in the portfolio weight of the stock over the last 3 months -0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 64/120 (-1) |
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smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
JSWENERGY has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.27%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.69 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateMay 31, 2024
Dividend/Share
₹2.00
Ex DateEx Date
May 31, 2024
Cash Dividend
Ex DateEx DateJun 2, 2023
Dividend/Share
₹2.00
Ex DateEx Date
Jun 2, 2023
Cash Dividend
Ex DateEx DateMay 30, 2022
Dividend/Share
₹2.00
Ex DateEx Date
May 30, 2022
Cash Dividend
Ex DateEx DateJul 27, 2021
Dividend/Share
₹2.00
Ex DateEx Date
Jul 27, 2021
Cash Dividend
Ex DateEx DateAug 4, 2020
Dividend/Share
₹1.00
Ex DateEx Date
Aug 4, 2020
Among the components of the BSE Metal index, National Aluminium Company Ltd (up 3.69%), NMDC Ltd (up 3.05%),Steel Authority of India Ltd (up 2.42%),Tata Steel Ltd (up 2.41%),Hindalco Industries Ltd (up 1.89%), were the top gainers. Among the other gainers were Vedanta Ltd (up 1.69%), JSW Steel Ltd (up 1.51%), Jindal Stainless Ltd (up 1.44%), Jindal Steel & Power Ltd (up 1.37%), and APL Apollo Tubes Ltd (up 0.15%).At 09:47 IST, the BSE SmallCap was up 78.78 or 0.14% at 56432.14.The BSE 150 MidCap Index index was up 30.14 points or 0.18% at 16668.71.The Nifty 50 index was down 22.65 points or 0.09% at 24975.8.The BSE Sensex index was down 37.18 points or 0.05% at 81574.23.On BSE,1666 shares were trading in green, 1411 were trading in red and 107 were unchanged.Powered by Capital Market - Live
Among the components of the BSE Healthcare index, Neuland Laboratories Ltd (up 8.55%), Wockhardt Ltd (up 5%),Yatharth Hospital & Trauma Care Services Ltd (up 4.76%),Morepen Laboratories Ltd (up 3.3%),Strides Pharma Science Ltd (up 3.04%), were the top gainers. Among the other gainers were Ipca Laboratories Ltd (up 2.79%), Gufic BioSciences Ltd (up 2.37%), Divis Laboratories Ltd (up 2.28%), Aurobindo Pharma Ltd (up 2.03%), and Glenmark Pharmaceuticals Ltd (up 1.94%). On the other hand, Supriya Lifescience Ltd (down 2.35%), Jubilant Pharmova Ltd (down 2.01%), and Artemis Medicare Services Ltd (down 1.54%) moved lower.At 09:47 IST, the BSE SmallCap was up 78.78 or 0.14% at 56432.14.The BSE 150 MidCap Index index was up 30.14 points or 0.18% at 16668.71.The Nifty 50 index was down 22.65 points or 0.09% at 24975.8.The BSE Sensex index was down 37.18 points or 0.05% at 81574.23.On BSE,1666 shares were trading in green, 1411 were trading in red and 107 were unchanged.Powered by Capital Market - Live
Among the components of the BSE Commodities index, Meghmani Organics Ltd (up 7.1%), JK Paper Ltd (up 4.05%),National Aluminium Company Ltd (up 3.69%),Gujarat Alkalies & Chemicals Ltd (up 3.43%),NMDC Ltd (up 3.05%), were the top gainers. Among the other gainers were Steel Authority of India Ltd (up 2.42%), Tata Steel Ltd (up 2.41%), Paradeep Phosphates Ltd (up 2.37%), Styrenix Performance Materials Ltd (up 2.1%), and Hindustan Copper Ltd (up 2.03%). On the other hand, S H Kelkar & Company Ltd (down 2.23%), DCW Ltd (down 2.2%), and India Glycols Ltd (down 1.67%) turned lower.At 09:47 IST, the BSE SmallCap was up 78.78 or 0.14% at 56432.14.The BSE 150 MidCap Index index was up 30.14 points or 0.18% at 16668.71.The Nifty 50 index was down 22.65 points or 0.09% at 24975.8.The BSE Sensex index was down 37.18 points or 0.05% at 81574.23.On BSE,1666 shares were trading in green, 1411 were trading in red and 107 were unchanged.Powered by Capital Market - Live
The key equity indices traded with minor gains in early trade. The Nifty traded above the 25,350 mark. Metal, realty and PSU bank shares advanced while FMCG and IT shares declined. At 09:30 IST, the barometer index, the S&P BSE Sensex, added 112 points or 0.14% to 83,002.94. The Nifty 50 index rose 42.75 points or 0.17% to 25,399.25. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.50% and the S&P BSE Small-Cap index added 0.88%. The market breadth was strong. On the BSE, 2,170 shares rose and 928 shares fell. A total of 131 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 2,364.82 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,532.18 crore in the Indian equity market on 13 September 2024, provisional data showed. Stocks in Spotlight: JSW Energy rose 0.75%. The company announced that its step-down subsidiary, JSW Renew Energy Two, has completed commissioning for the 300 MW ISTS-connected wind power project awarded by Solar Energy Corporation of India (SECI) tranche X located at Tuticorin, Tamil Nadu. Trident rose 0.30%. The company informed that it has incorporated overseas wholly owned subsidiary named, Trident Group Enterprises Pte. in Singapore. GMR Airports added 1.14% after the company's infrastructure passenger traffic across all GMR Airports increased 9% year on year (YoY) in August 2024, to over 10.6 million passengers. Numbers to Track: The yield on India's 10-year benchmark federal paper jumped 1.69% to 6.907 as compared with previous close 6.972. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 83.8775, compared with its close of 83.9200 during the previous trading session. MCX Gold futures for 4 October 2024 settlement rose 0.15% to Rs 73,622. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.25% to 100.86. The United States 10-year bond yield fell 0.22% to 3.639. In the commodities market, Brent crude for November 2024 settlement rose 16 cent or 0.22% to $71.77 a barrel. Global Markets: Asian stocks were traded mixed on Monday, with Hong Kong stocks falling as investors assessed downbeat economic data from China, while several key markets were closed for holidays. China's economy continued to weaken in August, with factory output, consumption, and investment all declining more than expected. Home prices fell at the fastest pace since 2014, prompting the People's Bank of China to signal more monetary easing and a heightened focus on combating deflation. Sentiment in Asia was also dampened following a second assassination attempt on US presidential candidate Donald Trump. He was later taken to safety. US stocks closed higher on Friday ahead of the Federal Reserve's upcoming policy meeting. The S&P 500 gained 0.54%, the tech-heavy Nasdaq Composite added 0.65%, and the Dow Jones Industrial Average jumped 0.72%, marking their fifth consecutive winning day. Wall Street is now looking ahead to the Fed's meeting on September 17-18, where a 25-basis-point interest rate cut is widely expected. The current target rate stands at 5.25% to 5.5%. Economic data indicating a moderation in inflation further supports the case for a rate cut. The consumer price index in August rose 2.5% year-over-year, the lowest level since February 2021. Wholesale prices increased by 0.2% in August, in line with expectations.Powered by Capital Market - Live
Subsequent to this, total current installed capacity stands at 7,726 MW while the under construction capacity stands at 2,114 MW, that is expected to be commissioned by the end of FY 2025. The company's current installed wind capacity stands at 2,152 MW. Sharad Mahendra, Joint Managing Director and CEO of JSW Energy, 'Today, JSW Energy proudly commissions its first greenfield wind power plant for SECI, reaffirming our strong execution capabilities and commitment to a greener future for India. This achievement moves us closer to our target of 10 GW installed capacity by FY2025. Additionally, we have a robust pipeline of renewable projects, propelling us towards our goal of 20 GW before 2030. I extend my heartfelt gratitude to our dedicated team and partners for their unwavering support. JSW Energy aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030. It has set a target of achieving carbon neutrality by 2050. JSW Energy is primarily engaged in the business of generation of power with principal places located at Vijayanagar (Karnataka), Ratnagiri (Maharashtra), Nandyal (Andhra Pradesh) and Salboni (West Bengal). The power generation company's consolidated net profit jumped 79.99% to Rs 521.76 crore in Q1 FY25 as compared with Rs 289.88 crore recorded in Q1 FY24. However, revenue from operations fell by 1.65% YoY to Rs 2,879.46 crore June 2024 quarter. The scrip rose 1.01% to close at Rs 767.90 on Friday, 13 September 2024.Powered by Capital Market - Live
The key equity indices traded with major gains in afternoon trade. The Nifty scaled above the 25,100 level after hitting the day's low of 24,896.80 in morning trade. All the sectoral indices on NSE were in the green with IT, media and metal shares gaining the most. At 13:30 IST, the barometer index, the S&P BSE Sensex, jumped 616.27 points or 0.75% to 82,182.49. The Nifty 50 index gained 184.05 points or 0.74% to 25,120.55. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.75% and the S&P BSE Small-Cap index gained 1.24%. The market breadth was strong. On the BSE, 2,580 shares rose and 1,265 shares fell. A total of 127 shares were unchanged. Economy: The GST Council has slashed the GST rate on cancer drugs from 12% to 5% to ease the financial burden on patients. It also reduced GST on selected snacks and exempted research funds for universities. A GoM has been formed to explore reducing tax rates on life and health insurance, and another to address compensation cess. The council received status reports on rate rationalization, real estate, and online gaming. Car seat GST increased to 28%, while RMPU air conditioners for railways and approved flying training courses were exempted from GST. Gainers & Losers: Divi's Laboratories (up 4.11%), LTIMindtree (up 4%), Bharti Airtel (up 2.09%), Infosys (up 2.07%) and Tech Mahindra (up 1.79%) were major Nifty gainers. HDFC Life Insurance Company (down 3.57%), Bajaj Finserv (down 1.80%), Sbi Life Insurance Company (down 1.69%), Shriram Finance (down 1.41%) and Bajaj Finance (down 1.33%) were major Nifty losers. Stocks in Spotlight: JSW Energy rose 1.85% after the company's wholly owned subsidiary, JSW Neo Energy received a letter of award (LoA) from Maharashtra State Electricity Distribution Company (MSEDCL) for setting up 600 MW Wind-Solar Hybrid Power Project. The company will set up 600 MW of Wind-Solar Hybrid Power Project including 400 MW allotted under green shoe option H.G. Infra Engineering rallied 4.18% after the company announced that it has received the letter of award (LoA) from the Ministry of Road Transport & Highways (MoRTH) for upgrading the existing road in Gujarat. The contract involves up-gradation of existing 6 lane road of 10.630 km stretch of National Highway 47 (NH-47) from Narol to Sarkhej junctions in Gujarat on Hybrid annuity mode (HAM). ITI jumped 5.26% after the company has received an order around Rs 300 crore from Bihar Renewable Energy Development Authority (BREDA) for supply and installation of 1,00,000 numbers of solar street light systems in Bihar. The said order is in addition to 80,000 solar street light systems the company is currently executing in Bihar for BREDA. Dixon Technologies (India) rose 0.0.96%. The company's wholly owned subsidiary, Padget Electronics (Padget) has entered into an MOU with HP India Sales for manufacturing electronic gadgets. Under this agreement, Padget Eelectronics will manufacture notebooks, desktops, and all-in-one PCs. SEPC soared 6.87% after the company announced that it has been awarded a work order for Rs 182.56 crore by the Executive Engineer, Irrigation Division, Government of Bihar. The project entails conducting a detailed survey and investigation, planning and designing, supplying materials, labor, equipment, and machinery, constructing, executing, and installing, testing, commissioning within 12 months, and providing a successful trial run for 3 months. AGS Transact Technologies added 1.23% after the company has implemented and commenced managing the prepaid card platform for 'XtraPower', the fuel and fleet management program of Indian Oil Corporation (IOCL). The company will received a fixed fee for these services, generating an estimated revenue of approximately Rs 58 crore over five years. Awfis Space Solutions gained 4.36% after the company has entered into a business transfer agreement (BTA) with SMS integrated facility services for selling facility management business, Awfis Care for Rs 27.5 crore on a slump sale. Global Markets: Europeans and Asian stock traded mixed on Tuesday, as investors eagerly awaited upcoming inflation data for hints on potential interest rate cuts. China's exports grew by 8.7% year-on-year in August, while imports increased by 0.5%, according to customs data released on Tuesday. This compares to the previous growth rates of 6.5% for exports and 2% for imports. While Chinese markets participated in the regional uptrend, they underperformed due to several factors. The recent passage of a U.S. bill imposing fresh restrictions on Chinese biotechnology companies dampened sentiment. Additionally, a series of mixed economic indicators released over the past week weighed on Chinese stocks. The primary focus this week is on the key US consumer price index inflation data, which is expected to influence the outlook for interest rates. U.S. stocks rallied on Monday as investors bought the dip, anticipating a potential Federal Reserve rate cut later this month to support the slowing economy. Technology stocks, which were among the hardest hit last week, led the rebound. The Dow Jones Industrial Average surged 1.2%, the S&P 500 gained 1.16%, and the Nasdaq Composite jumped 1.16%.Powered by Capital Market - Live
The company will set up 600 MW of Wind-Solar Hybrid Power Project including 400 MW allotted under green shoe option As a result of this capacity award, the company's total locked-in generation capacity has increased to 18.2 GW, which includes a total locked-in hybrid capacity of 3.8 GW (including FDRE). The company expects to have an installed generation capacity of 10 GW by FY25, up from 7.5 GW currently. This project enhances the company's energy solution offerings and supports its transition towards becoming an energy products and services company. JSW Energy has total locked-in generation capacity of 18.2 GW comprising of 7.5 GW operational, 2.3 GW under-construction across wind, thermal and hydro and RE pipeline of 8.3 GW (PPAs signed for 2.3 GW). The company also has 4.2 GWh of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project. The power generation company aims to reach 20 GW generation capacities and 40 GWh of energy storage capacity before 2030. JSW Energy has set an ambitious target of achieving carbon neutrality by 2050. JSW Energy is primarily engaged in the business of generation of power with principal places located at Vijayanagar (Karnataka), Ratnagiri (Maharashtra), Nandyal (Andhra Pradesh) and Salboni (West Bengal). The power generation company's consolidated net profit jumped 79.99% to Rs 521.76 crore in Q1 FY25 as compared with Rs 289.88 crore recorded in Q1 FY24. However, revenue from operations fell by 1.65% YoY to Rs 2,879.46 crore June 2024 quarter.Powered by Capital Market - Live
The project is received from Maharashtra State Electricity Distribution Company (MSEDCL). The cumulative capacity allotted to JSW Neo under Phase- III stands at 600 MW. As a result of this capacity award, the firm's total locked-in generation capacity has increased to 17.6 GW, which includes a total locked-in hybrid capacity of 3.2 GW (including FDRE). The company expects to have an installed generation capacity of 10 GW by FY25, up from 7.5 GW currently. 'This project enhances the company's energy solution offerings and supports its transition towards becoming an energy products and services company,' JSW Energy said in a statement. JSW Energy has total locked-in generation capacity of 17.6 GW comprising of 7.5 GW operational, 2.3 GW under-construction across wind, thermal and hydro and RE pipeline of 7.7 GW (PPAs signed for 2.3 GW). The company also has 4.2 GWh of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project. The power generation company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030. JSW Energy has set an ambitious target of achieving carbon neutrality by 2050. JSW Energy is primarily engaged in the business of generation of power with principal places located at Vijayanagar (Karnataka), Ratnagiri (Maharashtra), Nandyal (Andhra Pradesh) and Salboni (West Bengal). The power generation company's consolidated net profit jumped 79.99% to Rs 521.76 crore in Q1 FY25 as compared with Rs 289.88 crore recorded in Q1 FY24. However, revenue from operations fell by 1.65% YoY to Rs 2,879.46 crore June 2024 quarter. The scrip rose 0.62% to currently trade at Rs 741.05 on the BSE. Powered by Capital Market - Live
The 200 MW project was awarded to JSW Neo post a tariff based competitive bidding process. This project enhances the company's energy solution offerings and supports its transition towards becoming an energy products and services company,' Mumbai-based JSW Energy said in a statement. As a result of this capacity award, the company's total locked-in generation capacity has increased to 17.2 GW, which includes a total locked-in Hybrid capacity of 2.9 GW (including FDRE). The company expects to have an installed generation capacity of 10 GW by FY25, up from 7.5 GW currently. JSW Energy is primarily engaged in the business of generation of power with principal places located at Vijayanagar (Karnataka), Ratnagiri (Maharashtra), Nandyal (Andhra Pradesh) and Salboni (West Bengal). The power generation company's consolidated net profit jumped 79.99% to Rs 521.76 crore in Q1 FY25 as compared with Rs 289.88 crore recorded in Q1 FY24. Revenue from operations fell by 1.65% year on year (YoY) to Rs 2,879.46 crore in the quarter ended 30 June 2024. Powered by Capital Market - Live
NTPC had invited tariff-based competitive Bids for setting up 1,000 MW ISTS-connected wind-solar hybrid power projects. Following this capacity award, the Company's total locked-in generation capacity has risen to 16.7 GW, which includes a total locked-in Hybrid capacity of 2.6 GW (including FDRE). The Company expects to have an installed generation capacity of 10 GW by FY25, up from 7.5 GW currently. This project enhances the company's energy solution offerings and supports its transition towards becoming an energy products and services company,' JSW Energy said in a statement. Separately, the Mumbai-based power producer said that JSW Renew Energy Twenty, a wholly owned stepdown subsidiary of JSW Energy, has signed power purchase agreement (PPA) with Bangalore Electricity Supply Company (BESCOM) for solar capacity of 300 MW awarded by Karnataka Renewable Energy Development (KREDL). The PPA is signed for supply of power until FY 2044 with a tariff of Rs 2.89 per kilowatt-hour (KWh). The aforesaid project is located in Pavagada Solar Park, Karnataka and is expected to be commissioned in next 18 months. JSW Energy is primarily engaged in the business of generation of power with principal places located at Vijayanagar (Karnataka), Ratnagiri (Maharashtra), Nandyal (Andhra Pradesh) and Salboni (West Bengal). The power generation company's consolidated net profit jumped 79.99% to Rs 521.76 crore in Q1 FY25 as compared with Rs 289.88 crore recorded in Q1 FY24. Revenue from operations fell by 1.65% year on year (YoY) to Rs 2,879.46 crore in the quarter ended 30 June 2024. The scrip rose 0.40% to currently trade at Rs 716.55 on the BSE. Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 4.63%, vs industry avg of 12.91%
Decreasing Market Share
Over the last 5 years, market share decreased from 5.82% to 3.91%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 19.9%, vs industry avg of 43.37%