Stock Analysis

JSW Energy Second Quarter 2023 Earnings: EPS Beats Expectations, Revenues Lag

  •  Updated
NSEI:JSWENERGY
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JSW Energy (NSE:JSWENERGY) Second Quarter 2023 Results

Key Financial Results
  • Revenue: ₹26.0b (up 24% from 2Q 2022).
  • Net income: ₹4.66b (up 37% from 2Q 2022).
  • Profit margin: 18% (up from 16% in 2Q 2022).
    • The increase in margin was driven by higher revenue.
  • EPS: ₹2.85 (up from ₹2.07 in 2Q 2022).
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NSEI:JSWENERGY Earnings and Revenue Growth October 30th 2022

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

JSW Energy EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 1.4%.

Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Renewable Energy industry in Asia.

Performance of the market in India.

The company's shares are up 1.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for JSW Energy you should be aware of, and 1 of them makes us a bit uncomfortable.

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