Electric Utilities company JSW Energy announced Q4FY24 & FY24 results: Financial Highlights: EBITDA for the year increased by a robust 53% YoY to ~Rs 5,837 crore resulting in PAT growth of 17% YoY to ~ Rs 1,723 crore. EBITDA for Q4 FY24 surged 47% YoY to ~Rs 1,292 crore resulting in 29% YoY increase in PAT to ~Rs 351 crore Cash PAT during the quarter stood a strong at ~Rs 686 crore; delivering a 21% cash returns on adjusted net worth Receivables (excl . acquired RE portfolio} on DSO basis stood at 54 days; one of the lowest in recent period Best in class Balance Sheet: Net Debt to Equity at 1.3x, Net Debt to EBITDA1 at 4.5x, Net Debt to EBITDA (excl. CWIP) at 2.9x Cash & Cash Equivalents at ~Rs 4,691 crore Finance costs during the quarter increased to ~Rs 533 crore vis-a-vis ~Rs 233 crore in Q4FY23 due to additional borrowings The Board recommended a dividend of ~2.0 per share subject to approval of the shareholders. The Consolidated Net Worth and Net Debt as on Mar 31, 2024 were ~Rs 20,832 crore and ~Rs 26,636 crore respectively, resulting in Net Debt to Equity ratio of 1.3x. Result PDF
Conference Call with JSW Energy Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.