- JSW Energy’s 4Q net income was 3.51 billion rupees, an increase of 29% year-on-year, but fell short of the estimated 8.21 billion rupees.
- The revenue was 27.6 billion rupees, displaying a 3.4% year-on-year growth, but was less than the estimated 205.17 billion rupees.
- Total costs increased by 4.1% to 25.5 billion rupees compared to the previous year.
- Other income dropped by 9.6% year-on-year to 1.23 billion rupees.
- Finance cost rose significantly to 5.33 billion rupees compared to 2.33 billion rupees in the previous year.
- Company’s Ebitda stood at 12.9 billion rupees.
- A per share dividend amount of 2 rupees was declared.
- The company approved a fund raise of up to 100 billion rupees.
- Funds will be raised via private offerings, Qualified Institutional Placement (QIP).
- The company’s long-term outlook for the power sector is positive due in part to expected rapid urbanization, government capital expenditure and a robust investment cycle.
- JSW Energy plans to raise 100 billion rupees in one or more sections through private offerings, institutional placements, and preferential issuing of eligible securities.
- The company anticipates that supply increase will lag behind demand growth over the medium term.
- Current recommendations for JSW Energy’s share stand at 6 buys, 1 hold, and 4 sells.
A look at JSW Energy Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have evaluated JSW Energy Ltd using the Smart Scores system, which provides a comprehensive outlook on the company. With a strong Momentum score of 5, JSW Energy Ltd is showing robust performance and positive market trends that bode well for its future growth. Additionally, the company scores well in Growth, indicating promising prospects for expansion and development in the long term. Both these factors point towards a favorable outlook for JSW Energy Ltd.
Despite some lower scores in Resilience and Value, JSW Energy Ltd‘s overall assessment remains solid due to its strong performance in Momentum and Growth. This suggests that while there may be areas for improvement, the company’s strategic positioning and market momentum position it well for future success and sustainable growth in the energy sector.
**Summary of JSW Energy Ltd:**
JSW Energy Limited is a power generation company utilizing Corex gas and coal for power generation. With a capacity to produce 3,140 megawatts of electricity through its lignite thermal power plant in Rajasthan, the company also has presence in power trading and transmission sectors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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