JSW Energy Ltd. share price target

JSW Energy delivered a strong Q3FY26 performance, driven by recent capacity additions that boosted generation and improved earnings visibility. The management highlighted a robust and diversified growth pipeline across the thermal, renewable and storage segments, supported by long-term power purchase agreements (PPAs). The company's strategic focus on firm and dispatchable power, including...

Curtailment risk significantly de-risked: Management highlighted that over 80% of projects set for commissioning over the next two years are either state transmission utility (STU) connected or off-grid, significantly de-risking curtailment and execution.

We maintain our BUY rating on the stock.

JSW Energy (JSWE)’s 3QFY26 consolidated revenue at INR41b missed our est. by 13% primarily due to weaker than expected generation at Ratnagiri, Barmer and KSK Mahanadi plants.

We attended JSW Energy’s (JSWE) plant visit at Vijaynagar on 7-8th Jan’26, in which the company showcased its green hydrogen and floating solar plants.

We maintain our BUY recommendation on the stock

Its strong execution capabilities and diversified portfolio, we maintain our BUY rating on the stock with a target price of Rs 705/share, implying an upside of 29% the CMP

The company reported revenue of ?51,434 million for the quarter ended June 2025, marking an 78.6% year-on-year increase from ?28,795 million in the same quarter last year, and a growth of 61.3% rise on a sequential basis.

JSW Energy’s (JSWE) 1QFY26 revenue was 6% above our estimate at INR51.4b (+79% YoY), and EBITDA stood at INR27.9b (+97% YoY), beating our estimate by 24%.

We maintain our BUY recommendation on the stock.

At the operational level, EBITDA increased 17.1% YoY to Rs. 1,512cr, driven by renewable capacity additions and contribution from KSK Mahanadi Power Ltd. EBITDA margin expanded 50bps YoY to 47.4%....

JSW Energy (JSWE) has earned its RE stripes very quickly. It has built one of the largest RE portfolios in the country via both organic and inorganic routes.

JSWE’s 4QFY25 revenue was 16% below our estimate. at INR31.8b (+16% YoY) as EBITDA came in at INR12b (+3% YoY), 8% below our estimate.

We recommend a BUY rating on the stock with a target price of Rs 530/share, implying an upside of 10% from the CMP.

We recommend a BUY rating on the stock with a target price of Rs 565/share, implying an upside of 10% from the CMP.

We maintain our BUY recommendation on the stock.

We initiate coverage of JSW Energy Limited (JSWE) with a BUY recommendation and a target price of Rs 800/share, implying a potential upside of 26% from the CMP.

JSW Energy (JSWE) announced a definitive agreement to acquire O2 Power Midco Holdings Pte. Limited, O2 Energy SG Pte. Limited, and their subsidiaries (O2 Power) for a total cash consideration of INR124.68b. We view this move positively,