Stock Analysis

JSW Energy Full Year 2024 Earnings: Misses Expectations

Simply Wall St

June 16, 2024

JSW Energy (NSE:JSWENERGY) Full Year 2024 Results

Key Financial Results

Revenue: ₹114.9b (up 11% from FY 2023).
Net income: ₹17.2b (up 17% from FY 2023).
Profit margin: 15% (in line with FY 2023).
EPS: ₹10.50 (up from ₹9.01 in FY 2023).

revenue-and-expenses-breakdown — NSEI:JSWENERGY Revenue and Expenses Breakdown June 16th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

JSW Energy Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 4.5%.

The primary driver behind last 12 months revenue was the Thermal segment contributing a total revenue of ₹80.0b (70% of total revenue). The most substantial expense, totaling ₹20.3b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how JSWENERGY's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Renewable Energy industry in India.

Performance of the Indian Renewable Energy industry.

The company's shares are up 9.2% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for JSW Energy (1 can't be ignored!) that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.