- Next results date: the board meets on 28 Oct 2026 to consider: financial results and fund raising.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹82,241 Cr121st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 22 Jul 2026
- 41.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 11 May 2026
- 2.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.45%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 22 Jul 2026
- 6.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 22 Jul 2026
- 6.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 11 May 2026
- 2.26
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 23,19,05251.5% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 22 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹5,207 Crup 15.75%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹533 Crdown 7.12%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 10.2%
Revenue by year
Peak revenue ₹18,901 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 25 Oct | Dec 2024Filed 28 Jan | Mar 2025Filed 10 Jun | Jun 2025Filed 1 Aug | Sep 2025Filed 17 Oct | Dec 2025Filed 23 Jan | Mar 2026Filed 11 May | Jun 2026Filed 22 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,238 | 2,439 | 3,189 | 5,143 | 5,177 | 4,082 | 4,499 | 5,207 |
| Net profit | 877 | 157 | 415 | 836 | 824 | 529 | 574 | 533 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 27.1% | 6.5% | 13.0% | 16.3% | 15.9% | 13.0% | 12.7% | 10.2% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- ThermalThermal, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹13,212 Crup 66.36%70.1%
- RenewableRenewable, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹5,626 Crup 57.19%29.9%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 65% of 2,480 trading days over the last 10 years.
LowestHighest
Its median24.3Industry median18.1
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 48% of 1,838 trading days since Nov 2018.
LowestHighest
Its median2.8Industry median1.4
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.15.0
At or below today's level on 46% of 1,838 trading days since Nov 2018.
LowestHighest
Its median15.9Industry median9.6
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 49% of 2,472 trading days over the last 10 years.
LowestHighest
Its median0.49%Industry median1.79%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −11.9% | +14.6% | −23.5% | 0.4% |
| 3 years | +25.5% | +12.5% | +11.2% | 0.4% |
| 5 years | +40.5% | +21.5% | +15.2% | 0.5% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual funds holding it
202 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 96 of the 118 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 6
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 5
- AddedAdded. Funds that held more shares than at the end of the month before.
- 75
- CutCut. Funds that held fewer shares than at the end of the month before.
- 43
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 72
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 6
| Fund | |||
|---|---|---|---|
 SBI Aggressive Hybrid FundSBI Mutual Fund | 2,50,00,000 | 1.44% | ₹1,236.8 Cr |
| SBI Contra FundSBI Mutual Fund | 75,23,810 | 0.83% | ₹372.2 Cr |
| SBI Large & Midcap FundSBI Mutual Fund | 75,23,810 | 0.92% | ₹372.2 Cr |
 Mirae Asset Large Cap FundMirae Asset Mutual Fund | 66,35,948 | 0.92% | ₹328.3 Cr |
| SBI Energy Opportunities FundSBI Mutual Fund | 60,76,446 | 3.77% | ₹300.6 Cr |
| SBI Midcap FundSBI Mutual Fund | 47,40,594 | 1.01% | ₹234.5 Cr |
| SBI ELSS Tax Saver FundSBI Mutual Fund | 44,76,190 | 0.74% | ₹221.4 Cr |
 Kotak Arbitrage FundKotak Mahindra Mutual Fund | 41,29,075 | 0.27% | ₹204.3 Cr |
 Edelweiss Mid Cap FundEdelweiss Mutual Fund | 39,00,625 | 1.00% | ₹193.0 Cr |
 HSBC Midcap FundHSBC Mutual Fund | 32,37,283 | 0.95% | ₹160.1 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Power Generation, 36 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to JSW Energy in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Adani PowerADANIPOWER | 3,51,059 | 24.6 | 5.4 | 18.0 | +6.6% | +14.9% | 23.5% | 14.5% | 0.00% |
 NTPCNTPC | 2,88,961 | 10.4 | 1.4 | 9.3 | +2.4% | +15.9% | 14.3% | 8.1% | 3.02% |
 Adani Green EnergyADANIGREEN | 1,95,207 | 104.2 | 9.0 | 23.6 | +20.9% | −7.1% | 9.1% | 6.3% | 0.00% |
 NHPCNHPC | 70,155 | 18.5 | 1.7 | 20.5 | +12.0% | +24.1% | 9.4% | 3.6% | 2.31% |
 NTPC Green EnergyNTPCGREEN | 68,430 | 112.7 | 3.6 | 33.9 | – | – | 3.2% | 3.4% | 0.00% |
 NLC IndiaNLCINDIA | 31,685 | – | 1.5 | 9.6 | +16.8% | – | – | 6.8% | 1.68% |
 Acme Solar HoldingsACMESOLAR | 26,285 | 43.6 | – | – | +47.5% | – | 12.6% | 6.4% | 0.05% |
 SJVNSJVN | 18,627 | 29.1 | 1.3 | 13.8 | +60.5% | −7.4% | 4.5% | 5.1% | 3.16% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹2.00 a share, in 6 years, the latest the year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 5 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 6 Jun 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 31 May 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 2 Jun 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 30 May 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 27 Jul 2021 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
22 Oct · Analysts
13 Oct · General Updates
9 Oct · General Updates
8 Oct · General Updates
JSW Energy share price by year
Each calendar year to 2025.JSW Energy share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 482.45 | −24.9% | 644.30 | 431.50 |
| 2024 | 642.65 | +57.1% | 792.05 | 408.95 |
| 2023 | 409.05 | +42.2% | 458.30 | 208.25 |
| 2022 | 287.60 | −4.3% | 359.80 | 195.50 |
| 2021 | 300.50 | +343.2% | 398.80 | 66.80 |
| 2020 | 67.80 | −2.2% | 71.20 | 39.15 |
| 2019 | 69.35 | +1.0% | 78.85 | 58.85 |
| 2018 | 68.65 | −25.7% | 95.60 | 58.65 |
| 2017 | 92.40 | +51.8% | 92.40 | 59.30 |
| 2016 | 60.85 | −28.5% | 86.65 | 54.30 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 463.90 | 464.95 | 440.15 | 448.55 | 446.56 | 23,19,052 | 51.5% |
| 22 Oct 2026 | 469.65 | 473.50 | 462.75 | 463.90 | 467.50 | 9,13,316 | 48.3% |
| 21 Oct 2026 | 482.20 | 485.00 | 468.30 | 474.95 | 473.47 | 8,91,417 | 41.4% |
| 19 Oct 2026 | 481.00 | 485.50 | 478.75 | 482.20 | 481.68 | 14,08,997 | 58.9% |
| 16 Oct 2026 | 481.30 | 488.65 | 475.15 | 482.60 | 484.75 | 11,96,212 | 49.6% |
| 15 Oct 2026 | 490.00 | 490.00 | 476.20 | 478.95 | 481.87 | 25,48,651 | 58.5% |
| 14 Oct 2026 | 461.15 | 490.50 | 460.55 | 490.30 | 482.65 | 80,47,027 | 37.7% |
| 13 Oct 2026 | 465.80 | 469.50 | 457.50 | 460.50 | 460.87 | 27,02,279 | 60.5% |
| 12 Oct 2026 | 465.50 | 472.80 | 462.20 | 467.35 | 467.09 | 15,56,832 | 50.4% |
| 9 Oct 2026 | 467.15 | 468.90 | 461.00 | 462.30 | 463.32 | 10,15,759 | 45.9% |
Prices in ₹ per share as traded, not adjusted.
About JSW Energy
JSW Energy Limited is an independent power producer that generates and sells electricity in India. It owns and operates power plants in 14 states and has a presence in thermal, hydro, wind and solar generation. Its customers include utilities and commercial and industrial consumers. It was incorporated in 1994, and its registered office is in Mumbai.
As of March 2026, the company has 13,454 MW of operating capacity: 5,658 MW of thermal, 3,656 MW of wind, 1,631 MW of hydro, 2,058 MW of solar and 451 MW of hybrid renewable power. Its hydro assets include Karcham Wangtoo (1,091 MW), Kutehr (240 MW) and Baspa II (300 MW). Its thermal plants include Ratnagiri (1,200 MW), Barmer (1,080 MW), Vijayanagar (860 MW) and JSW Utkal (700 MW), and a further 3,200 MW of thermal capacity is under construction at Salboni. Beyond generation, it runs a battery container assembly plant at Pune and has a green hydrogen facility with a capacity of 3,800 tonnes a year.
The company has grown partly through acquisitions. In the year to March 2026 it acquired businesses including Mytrah, JSW Utkal, JSW Mahanadi and O2 Power. The O2 Power purchase, made through JSW Neo Energy, covers a renewable energy platform of 4.7 GW. It also acquired the 150 MW Tidong hydro power project.
JSW Energy is part of the O. P. Jindal Group, whose founder was Shri O.P. Jindal.
- Legal name
- JSW Energy Limited
- NSE symbol
- JSWENERGY
- BSE code
- 533148
- ISIN
- INE121E01018
- Industry
- Power
- Listed
- Jan 2010
- Face value
- ₹10
- CIN
- L74999MH1994PLC077041
- Corporate identity number, the registrar of companies' code for it
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