JSW Energy Share Price Today In Red After Net Profit Falls 37% | Buy, Sell or Hold?

JSW Energy share price, on Thursday, opened in red, a day after the company reported 37% decline in net profit during the first quarter of financial year 2026-27. Despite decline in profit, JSW Energy continued to strengthen its growth pipeline through renewable capacity additions, strategic acquisitions, and fresh capital raising.

JSW Energy stock was trading 0.22% lower at Rs 560.5 per share on BSE with a market capitalisation of Rs 1,02,766.71 crore at 9:30 am on THursday. The stock had touched an intraday high mark of Rs 561.25 per share and an intraday low mark of Rs 549 per share.

JSW Energy Q1 Result Review

JSW Energy’s first quarter results for financial year 2026-27: revenue was in line at Rs 52 billion, while EBITDA stood at Rs 28.7 billion. Revenue exceeded the estimate by nearly 13%, according to the Motilal Oswal report. APAT was Rs 4.7 billion, which was nearly 89% above the estimate.

JSW Energy’s power demand rebounded strongly in the first quarter of the financial year 2026-27, and the renewable capacity additions remained on track. The operational performance remained resilient as the company executed Rs 101.5 billion of fund-raising initiatives. These actions also helped the firm to strengthen its balance sheet and bring leverage under control, as per the Motilal Oswal report.

“The pace of RE commissioning and availability of firm transmission connectivity, the progress on the 600MW Unit 4 at KSK Mahanadi, targeted for commissioning in FY28,” stated the brokerage in its report.

JSW Energy Share Price Recommendation

Motilal Oswal downgraded JSW Energy to ‘Neutral’ as “the stock price has rallied 17% in the last four months, and valuation comfort has reduced as it is trading at 12x FY28E EV/EBITDA.”

The brokerage revised its rating to ‘Neutral’ and fixed Rs 550 as Target Price. “We cut our FY28E EBITDA by 9%, primarily reflecting a slower renewable commissioning pace (~4GW) in FY28 than previously assumed. We continue to view JSWE positively due to its robust earnings growth trajectory, strong capacity expansion plan (from 14.5GW currently to 30GW by 2030), and superior execution capabilities compared to peers,” stated the brokerage firm.

JSW Energy Q1 Result Recap

JSW Energy reported a net profit of Rs 532 crore in Q1FY27, which was down 37% from Rs 835 crore in the same quarter last fiscal year. Its revenue during the first quarter of 2026-27 stood at Rs 5,437 crore, against Rs 5,411 crore a year-ago. Driven by fund-raising, net-debt decreased to Rs 61,322 crore as of June 30, 2026. The company reported a 5% decline in power sales to 12.9 billion units (BUs).

Thermal generation decreased by 6% to 8BUs, primarily due to lower generationof its Mahanadi plant. There was also a decline in renewable energy generation ot 4.8 BUs.