Results Presentation in connection with the unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June 2026
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 22 Jul 2026, 02:49 PM IST · BSE ID: b916a2de-2b21-45b0-b807-c007c3e2f965
View Original BSE Filing (PDF)
💡
In Simple Terms
JSW Energy reported its first quarter results, showing lower power generation but slightly higher profits, while adding significant new capacity.
🤖 AI Summary
- Net generation volume decreased by 5% YoY, from 13.5 BUs to 12.9 BUs, in Q1 FY27.
- Consolidated EBITDA increased by 2% YoY to ₹3,103 Cr in Q1 FY27 from ₹3,057 Cr in Q1 FY26.
- Q1 FY27 PAT stood at ₹533 Cr, a decline from ₹836 Cr in Q1 FY26.
- Capacity addition of ~1.1 GW achieved till July 8th, bringing total capacity to 14,535 MW.
- Cash & Cash Equivalents stood at ₹12,881 Cr, providing a robust liquidity buffer.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Generation Volume
12.9 BUs
-5%
Consolidated Total Revenue
₹5,437 Cr
Flat
Consolidated EBITDA
₹3,103 Cr
2%
Cash & Cash Equivalents
₹12,881 Cr
Total Capacity (as of July 8th)
14,535 MW
🏢 How This Affects the Company
The decline in net generation volumes, particularly in thermal and hydro, indicates lower plant utilization or availability during the quarter. However, significant renewable capacity additions contribute to overall capacity growth.
Revenue remained flat at ₹5,437 Cr, with EBITDA increasing 2% to ₹3,103 Cr, suggesting stable operational profitability. The decline in PAT to ₹533 Cr was noted, along with a strong cash balance of ₹12,881 Cr.
The company added ~1.1 GW of capacity till July 8th, including the commissioning of the 150 MW Tidong Hydro plant ahead of schedule and operationalizing a wind blade manufacturing facility. This expands operational scale and backward integration.
Lower PLFs at Hydro plants and Mahanadi thermal plant due to weak hydrology and a one-off evacuation availability issue represent operational risks to generation volumes. The significant cash reserves mitigate short-term liquidity risks.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this results presentation.
👤
Who Is Affected
All shareholders are affected as the company's Q1 FY27 operational and financial performance provides an update on the company's overall health and strategic progress. These results reflect the company's profitability and growth initiatives.
🔍
Management Signal
Management is focused on capacity expansion and securing long-term funding, as evidenced by the ~1.1 GW capacity addition and a robust cash balance of ₹12,881 Cr.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — review net generation and PAT trends.
Updates on ~1.5 GW H1 FY27 commissioning target — verify completion.
Progress on Maruti Thermal Plant acquisition — monitor definitive agreement execution.
MEDIUM RISK
Lower generation volumes and PAT decline in Q1 FY27, partly due to external factors, present operational risks.
💡 Investor Takeaway
JSW Energy's Q1 FY27 consolidated EBITDA increased 2% YoY to ₹3,103 Cr despite a 5% decline in net generation to 12.9 BUs. PAT decreased to ₹533 Cr from ₹836 Cr. The company achieved ~1.1 GW capacity addition, with Cash & Cash Equivalents at ₹12,881 Cr.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated EBITDA increased by 2% YoY to ₹3,103 Cr in Q1 FY27, indicating stable operational performance.
- Record capacity addition of ~1.1 GW till July 8th, reaching a total installed capacity of 14,535 MW.
⚠️ Concerns
- Net generation volume declined by 5% YoY, from 13.5 BUs to 12.9 BUs, in Q1 FY27.
- Q1 FY27 PAT stood at ₹533 Cr, a 36.3% decline from ₹836 Cr in Q1 FY26.
📅 Company Track Record
In FY26, JSW Energy's audited results showed EBITDA up 81% YoY to ₹11,041 Cr, with total capacity increasing by 2.6 GW. A dividend of Rs. 2 per share was recommended for FY26. The current Q1 FY27 results show a different trajectory in net generation and PAT compared to the strong FY26 performance.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was JSW Energy's consolidated EBITDA in Q1 FY27?
JSW Energy's consolidated EBITDA for Q1 FY27 was ₹3,103 Cr, representing a 2% increase from ₹3,057 Cr in Q1 FY26.
What was JSW Energy's net generation volume in Q1 FY27?
Net generation volume for JSW Energy in Q1 FY27 was 12.9 BUs, a 5% decrease from 13.5 BUs in Q1 FY26.
What was JSW Energy's Profit After Tax (PAT) in Q1 FY27?
JSW Energy reported a PAT of ₹533 Cr in Q1 FY27, compared to ₹836 Cr in Q1 FY26.
What is JSW Energy's total installed capacity as of July 8th, 2026?
As of July 8th, 2026, JSW Energy's total installed capacity increased to 14,535 MW, with ~1.1 GW added in Q1 FY27.
What was JSW Energy's Cash & Cash Equivalents balance in Q1 FY27?
JSW Energy reported Cash & Cash Equivalents of ₹12,881 Cr at the end of Q1 FY27.
Questions based on this BSE filing only. For information purposes.