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JSW Energy LtdQ1 FY27 earnings call

All quarters

Summary generated by AI from the official transcript JSW Energy Ltd filed with BSE on 27 Jul 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries

The short read

JSW Energy reported Q1 FY27 revenue of ₹5,437 crore, roughly flat year-on-year, with EBITDA growing 2% to ₹3,103 crore while profit after tax declined to ₹533 crore due to higher depreciation and interest costs from new capacity. The company added 873 MW of capacity during the quarter, including the early commissioning of Tidong Hydro, and completed a ₹10,150 crore capital raise combining a preferential allotment, a JSW Steel stake sale, and a QIP. Management also discussed thermal capacity expansion at Mahanadi and Salboni, pump storage projects in Maharashtra, Uttar Pradesh and Karnataka, and a battery storage order worth about ₹440 crore.

Numbers mentioned

Capacity added in quarter: 873 MW (Q1 FY27)

p. 3
adding 873 MW during the quarter, taking cumulative additions to about 1.1 GW - till date

Sharad Mahendra, page 3 of the filed PDF · View the filing

Revenue: ₹5,437 crore (Q1 FY27)

p. 6
Revenue for the quarter remained flattish on a year-on-year basis, coming in at ₹5,437 crore.

Sharad Mahendra, page 6 of the filed PDF · View the filing

EBITDA: ₹3,103 crore (Q1 FY27)

p. 6
EBITDA mirrored this trend, growing marginally by 2% year-on-year to reach ₹3,103 crore.

Sharad Mahendra, page 6 of the filed PDF · View the filing

Depreciation: ₹890 crore (Q1 FY27)

p. 6
On a year-on￾year basis, depreciation increased 20% YoY in Q1 to ₹890 crore

Sharad Mahendra, page 6 of the filed PDF · View the filing

Interest costs: ₹1,519 crore (Q1 FY27)

p. 6
interest costs climbed roughly 16% YoY to ₹1,519 crore

Sharad Mahendra, page 6 of the filed PDF · View the filing

Profit After Tax: ₹533 crore (Q1 FY27)

p. 6
Coming to the bottom line, Profit After Tax stood at ₹533 crore, declining year-on-year on account of the higher capitalisation impact as new assets are commissioned.

Sharad Mahendra, page 6 of the filed PDF · View the filing

PAT attributable to shareholders: ₹471 crore (Q1 FY27)

p. 6
Correspondingly, PAT attributable to shareholders was also down, at ₹471 crore.

Sharad Mahendra, page 6 of the filed PDF · View the filing

Net Debt to TTM EBITDA: 4.95x (Q1 FY27)

p. 6
Turning to leverage — stripping out debt tied to Capital Work-in-Progress, our Net Debt to TTM EBITDA ratio stands at roughly 4.95x

Sharad Mahendra, page 6 of the filed PDF · View the filing

Cash and cash equivalents: ₹12,880 crore (Q1 FY27)

p. 7
we remain well-placed, holding cash and cash equivalents of approximately ₹12,880 crore.

Sharad Mahendra, page 7 of the filed PDF · View the filing

Net generation: 12.9 billion units (Q1 FY27)

p. 5
net generation for Q1 FY27 declined marginally by 5% year-on-year to 12.9 billion units

Sharad Mahendra, page 5 of the filed PDF · View the filing

Gross debt: ₹74,000 crore (As of June 30, 2026)

p. 16
it's about ₹ 74,000 crores is the gross debt.

C. Prabhakaran, page 16 of the filed PDF · View the filing

DAM price: ₹5.10 per unit (Q1 FY27)

p. 4
rising to ₹5.10 per unit from about ₹4.40 in Q1 FY26, a nearly 16% YoY increase.

Sharad Mahendra, page 4 of the filed PDF · View the filing

What management said it would do

A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.

Capacity addition — 3 GW · FY27

stated firmly by Sharad Mahendraex for target for Fex Capex FY27null2222firm

p. 3
We remain firmly on track to deliver our FY27 annual target of 3 GW capacity addition and ₹20,000 crore capex

Sharad Mahendraex for target for Fex Capex FY27null2222firm, page 3 of the filed PDF · View the filing

Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.