JSW Energy Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for JSWENERGY, BSE:533148 JSW Energy Ltd.

JSW Energy Ltd.

04 Feb 2020

527.70

-0.16%

Lower merchant volumes impact performance

Neutral: JSW Energy Ltd.

Target

Motilal Oswal

4 February 2020 JSWEs results highlight the impact of lower merchant volumes and prices amidst subdued power demand. EBITDA declined 14% YoY in 3QFY20. The company remains keen on tie-up of capacities, but the cancellation of the pilot scheme PPA and the delay in the commissioning of Dolvi will push back the same. Details/successful closure of proposed acquisitions are still awaited. Interest cost though declined 11% YoY to INR2.6b led by debt repayment. PBT was down 31% YoY at INR1.5b. Adj. PAT declined ~12% Standalone generation was down ~14% YoY at 2.6BU on the back of lower short-term (ST) sales volumes. ST volumes almost halved to 541MUs from 1,112MUs in the year-ago period. Hydros generation was ~6% higher YoY and helped offset the impact of new CERC norms. Hydro EBITDA was up 2% YoY at INR1.

Promoters pledged 0.13% of shares in last quarter. Total pledge stands at 11.26% of promoter holdings

JSW Energy Ltd.

02 Nov 2019

527.70

-0.16%

Lower fuel cost, higher hydro gen. aid earnings

Neutral: JSW Energy Ltd.

Target

Motilal Oswal

Lower fuel cost, higher hydro gen. aid earnings Visibility on earnings improving; Maintain Neutral JSW Energy's (JSWE) EBITDA increased 9% YoY to INR9.4b (our estimate: INR9.8b) in 2QFY20, led by lower fuel cost and strong hydro generation, partly offset by the impact from the new CERC norms. PBT grew 21% YoY to INR4.8b on the back of a...

JSW Energy Ltd. has lost -28.72% in the last 1 Year

JSW Energy Ltd.

06 Aug 2019

527.70

-0.16%

Benefit of lower fuel cost diluted by new CERC norms

Neutral: JSW Energy Ltd.

Target

Motilal Oswal

Revenue grew 2% YoY to INR24.1b in 1QFY20. Generation was down 4% YoY to 5.9BU, while realization increased 6% YoY to INR4.11/kWh led by certain one-offs. EBITDA grew 4% YoY to INR8.1b (in-line), as the benefit of lower fuel cost/higher...

JSW Energy Ltd. is trading above all available SMAs

JSW Energy Ltd.

27 Jun 2019

527.70

-0.16%

JSW ENERGY LIMITED

Hold: JSW Energy Ltd.

Recommendation Target

Geojit BNP Paribas

JSW Energy (JSWE) is part of the JSW Group of companies headed by Sajjan Jindal. Company is looking to add more capacity through in-organic growth initiatives like its recent MoU with Government of Gujarat. The company also has operational transmission assets (165kms) in Maharashtra, owns a stake (93.3%) in a coal...

Number of FII/FPI investors decreased from 504 to 479 in Jun 2025 qtr

JSW Energy Ltd.

16 May 2019

527.70

-0.16%

Higher realization drives growth

Neutral: JSW Energy Ltd.

Target

Motilal Oswal

Revenue grew 8% YoY to INR19.2b (in-line) in 4QFY19. Generation was down 3% YoY to 4.2BU, while realization grew 12% YoY to INR4.56/kWh due to higher merchant prices and an increase in fuel prices (resulting in higher cost passthrough). EBITDA grew 13% YoY to INR4.7b (our estimate: INR5.7b), led by higher merchant prices. Finance cost declined 15% YoY/6% QoQ to INR2.7b as it repaid debt of ~INR6b during the quarter. Adj. PAT of INR39m (our estimate: INR196m) improved from a loss of INR634m in the year-ago period. Standalone realization declined 10% QoQ (+3% YoY) to INR4.55/kWh. Fuel cost was down 4% QoQ (2% YoY) to INR3.53/kWh. Generation increased 6.5% YoY...

JSW Energy Ltd.'s price crossed above 30Day SMA today

JSW Energy Ltd.

30 Jan 2019, 12:00AM

527.70

-0.16%

Net generation increased 3.5% yoy to 5.1bn units, while average realization was up by a r...

Hold: JSW Energy Ltd.

Target

Emkay

Net generation increased 3.5% yoy to 5.1bn units, while average realization was up by a robust 17.3% yoy at Rs4.8/unit. Consequently, revenue increased 21.5% yoy to Rs24.2bn (above our estimate of Rs22.9bn). EBITDA increased by 27.2% yoy to Rs7.4bn, driven by higher revenue and lower other expenses. This was offset by higher fuel expenses which increased 23.6% yoy to Rs14.5bn. Interest expenses declined 13.4% yoy to Rs2.9bn, leading to a robust 191% yoy rise in PAT to Rs1.5bn, surpassing our and consensus expectations. Net debt, including short-term buyer's credit, declined by Rs2.96bn qoq to Rs106.9bn in...

Number of FII/FPI investors decreased from 504 to 479 in Jun 2025 qtr

JSW Energy Ltd.

05 Nov 2018

527.70

-0.16%

Operationally better; Deleveraging continues

Neutral: JSW Energy Ltd.

Target

Motilal Oswal

5 November 2018 JSW Energys (JSWE) EBITDA was down 2% YoY to INR8.6b, but ~9% ahead of estimate. Generation increased ~9% YoY to 6.7BU, but higher fuel costs offset the gains. Interest cost is down ~21% YoY (-1% QoQ) as it continues to deleverage. acceptances) has reduced by ~INR9.8b to INR120b in 1H, as FCF generation is used to repay debt. 0.9b) was aided by late payment surcharge income (non-recurring). PAT has increased 6% YoY to INR3.2b (est.

Axis Direct released a Buy report for JSW Energy Ltd. with a price target of 705.0 on 22 Sep, 2025.

JSW Energy Ltd.

31 Jul 2018, 12:00AM

527.70

-0.16%

JSW Energy - 1QFY19 Result Update

Sell: JSW Energy Ltd.

Target

Reliance Securities

Dismal Show on Rising Global Spot Coal Prices & Lower PLF JSW Energy (JSWEL) continued to report a dismal performance in 1QFY19 with its PBT declining by 27% YoY to Rs2.4bn in line with our estimates. Reported PAT grew by 5.7% YoY to Rs2.2bn owing to lower effective tax rate of 9.8% (vs. 33.5% in 1QFY18) on deferred tax benefits. We maintain our REDUCE recommendation on the stock with a revised Target Price of Rs62. Higher Realisation Drives Revenue Growth; Consolidated PLF Declines JSWEL's revenue rose by 4% YoY to Rs24.4bn owing to 11% YoY rise in overall realisation to Rs3.9/ unit despite 4.7% YoY fall in generation. It generated 6,086mn units in 1QFY19 (vs. 6,400mn units...

Axis Direct released a Buy report for JSW Energy Ltd. with a price target of 705.0 on 22 Sep, 2025.

JSW Energy Ltd.

30 Jul 2018

527.70

-0.16%

JSW Energy Ltd Q1FY19 results Comment

Results Update: JSW Energy Ltd.

HDFC Securities

Revenue grew by 32.98% to Rs. 2360.56 Cr in Q1FY19 when compared to the previous quarter. JSW Energy Ltd Q1FY19 results Comment

JSW Energy Ltd. is trading above all available SMAs

JSW Energy Ltd.

28 Jul 2018

527.70

-0.16%

Lower hydro generation drives operating weakness

Neutral: JSW Energy Ltd.

Recommendation Target

Motilal Oswal

28 July 2018 JSW Energys (JSWE) 1QFY19 EBITDA was down 11% YoY to INR7.8b (est. PAT however increased 5% YoY to INR2.3b (est. ~INR1.5b) on lower interest cost and tax rate, partly offset by lower other income and higher depreciation. Net debt (ex-acceptances) was unchanged QoQ. Generation declined ~5% YoY (+40% QoQ) to 6.1BU, driven by ~26% YoY decline in hydro generation due to unfavorable hydrology. Water flow is expected to be low this year due to weather, which will impact generation at its hydro assets. Generation at Ratnagiri increased ~31% YoY (~41% QoQ) to ~2BU, on higher merchant sales. Fuel cost in standalone (S/A) increased ~2% QoQ to INR3.5/kWh on higher imported coal prices and currency depreciation.

Promoters pledged 0.13% of shares in last quarter. Total pledge stands at 11.26% of promoter holdings

Is JSW Energy Ltd. worth buying?

318 Votes:

Buy 79.87%

Sell 10.38%

Hold 9.75%

RESEARCH REPORTS

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