JSW Energy Share Price Rise After Q1 Result; Time To Buy, Sell Or Hold The Energy Stock? Check Target Price

JSW Energy Share Price Today: JSW Energy shares enjoyed heightened investor attention on Friday, August 1, a day after the company reported a 42% rise in its net profit in the June quarter of the financial year 2025-26.

JSW Energy shares were trading 1.12% higher at Rs 520.7 per share on BSE at 11 am with a market capitalisation of Rs 91,102.43 crore. The stock had touched an intraday high mark of Rs 533.65 apiece, and an intraday low mark of Rs 512.65 per share.

JSW Energy Q1 Result Review

JSW Energy reported a better-than-expected Q1 result in terms of renewable energy capacity addition, capacity installation, energy production, EBITDA margins, and other profitability measures, according to Axis Capital.

JSW Energy's installed capacity during Q1FY26 stood at 12.8GW, against Axis Capital's estimate of 12.5 GW, similarly, its organic renewable capacity addition stood at 550MW, which was better than expected.

"Q1 EBITDA at Rs 27.9bn (up 97% YoY) was 13%/ 20% ahead of our/ consensus estimate. Post ~Rs 125bn O2 acquisition and organic capex of ~Rs 24bn in Q1, the net-debt increased to Rs 593bn (vs. Rs 440bn as of Mar-25) and net-debt (ex-CWIP of ~Rs 128bn) to TTM proforma PBDIT (of ~Rs 100bn) was 4.7x. JSW has retained more cash & cash equivalents (~Rs 61bn) than we expected; accordingly, other income came in higher at Rs 2.7bn (+64% YoY), but so did interest cost (Rs 13.1bn, +155% YoY)," noted Axis Capital in its report.

Other than outperforming on key metrics, strategic initiatives by JSW Energy, like Vijayanagar plant agreement in long-term PPA, reduction in dependence on imported coal for merchant sale and progress to implement BESS ecosystem are likely to help the company in strengthening its positioning in energy transition, noted Antique Stock Broking in its report.

JSW Energy Share Price Target, Stock Recommendation

Axis Capital maintained a 'Buy' rating for JSW Energy stock and has given bullish target price (TP). "Our BUY rating (TP Rs 675; CMP implies 10.5x Jun-27E EV/EBITDA) is premised on high growth visibility, strong execution capabilities and track-record of disciplined capital allocation," noted Axis Capital.

"We have raised our FY26E/ 27E EBITDA estimates by 5% and rolled forward our SoTP-based valuation to 1HFY28, revising the target price to INR 581 (from INR 549). We maintain HOLD rating due to valuation," noted Antique Stock Broking on Friday.

JSW Energy Q1 Result Recap

SW Energy's net consolidated profit stood at Rs 743.12 crore in the June quarter of the financial year 2025.26. JSW Energy's consolidated revenue stood at Rs 5,143.37 crore during the quarter under review.

Its debt-to-equity ratio stood at 2.36. Net profit margin stood at 15.45% during the quarter under review. Revenue for the thermal, renewable, and unallocated segments stood at Rs 3,621.78 crore, Rs 1,491 crore, and Rs 29.77 crore, respectively. Total revenue increased by 78% year-on-year to Rs 5,411 crore from Rs 3,043 crore. Its EBITDA growth stood at 93% annually from Rs 1581 crore to Rs 3057 crore.