JSW Energy Limited

NSEI:JSWENERGY Stock Report

Market Cap: ₹942.8b

JSW Energy Valuation

Is JSWENERGY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of JSWENERGY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹758.75
Fair Value
29.5% undervalued intrinsic discount
16
Number of Analysts

Below Fair Value: JSWENERGY (₹535) is trading below our estimate of fair value (₹758.75)

Significantly Below Fair Value: JSWENERGY is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for JSWENERGY?

Key metric: As JSWENERGY is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for JSWENERGY. This is calculated by dividing JSWENERGY's market cap by their current earnings.
What is JSWENERGY's PE Ratio?
PE Ratio43x
Earnings₹21.72b
Market Cap₹942.78b

Price to Earnings Ratio vs Peers

How does JSWENERGY's PE Ratio compare to its peers?

The above table shows the PE ratio for JSWENERGY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.3x
513683 NLC India
12.5x6.54%₹363.4b
ADANIPOWER Adani Power
20.4x11.44%₹2.5t
NTPC NTPC
13.6x0.11%₹3.2t
RPOWER Reliance Power
6.5xn/a₹198.2b
JSWENERGY JSW Energy
43x21.34%₹942.8b

Price-To-Earnings vs Peers: JSWENERGY is expensive based on its Price-To-Earnings Ratio (43x) compared to the peer average (13.3x).


Price to Earnings Ratio vs Industry

How does JSWENERGY's PE Ratio compare vs other companies in the IN Renewable Energy Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
JSWENERGY 43.0xIndustry Avg. 27.7xNo. of Companies5PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: JSWENERGY is expensive based on its Price-To-Earnings Ratio (43x) compared to the Indian Renewable Energy industry average (27.7x).


Price to Earnings Ratio vs Fair Ratio

What is JSWENERGY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JSWENERGY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio43x
Fair PE Ratio27.4x

Price-To-Earnings vs Fair Ratio: JSWENERGY is expensive based on its Price-To-Earnings Ratio (43x) compared to the estimated Fair Price-To-Earnings Ratio (27.4x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst JSWENERGY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹535.00
₹584.69
+9.29%
15.70%₹726.00₹423.00n/a16
Sep ’26₹501.10
₹602.35
+20.21%
18.87%₹885.00₹423.00n/a17
Aug ’26₹511.65
₹593.24
+15.95%
18.46%₹885.00₹423.00n/a17
Jul ’26₹527.15
₹592.12
+12.32%
21.33%₹885.00₹420.00n/a17
Jun ’26₹487.95
₹578.88
+18.63%
19.21%₹885.00₹420.00n/a16
May ’26₹479.20
₹586.75
+22.44%
20.28%₹885.00₹400.00n/a16
Apr ’26₹522.50
₹593.93
+13.67%
20.83%₹885.00₹385.00n/a15
Mar ’26₹464.10
₹607.62
+30.92%
20.76%₹885.00₹370.00n/a13
Feb ’26₹472.00
₹634.50
+34.43%
21.43%₹885.00₹370.00n/a12
Jan ’26₹644.30
₹692.25
+7.44%
23.36%₹885.00₹350.00n/a12
Dec ’25₹654.65
₹684.50
+4.56%
24.10%₹885.00₹330.00n/a12
Nov ’25₹682.65
₹692.00
+1.37%
24.91%₹900.00₹330.00n/a12
Oct ’25₹723.45
₹671.45
-7.19%
25.55%₹917.00₹312.00n/a11
Sep ’25₹711.15
₹646.90
-9.03%
24.80%₹840.00₹312.00₹501.1010
Aug ’25₹727.65
₹627.64
-13.74%
26.24%₹840.00₹312.00₹511.6511
Jul ’25₹750.20
₹563.90
-24.83%
25.38%₹750.00₹275.00₹527.1510
Jun ’25₹613.00
₹557.90
-8.99%
24.83%₹715.00₹275.00₹487.9510
May ’25₹629.55
₹446.22
-29.12%
29.53%₹600.00₹235.00₹479.209
Apr ’25₹518.45
₹446.22
-13.93%
29.53%₹600.00₹235.00₹522.509
Mar ’25₹503.65
₹446.22
-11.40%
29.53%₹600.00₹235.00₹464.109
Feb ’25₹491.65
₹417.13
-15.16%
33.84%₹600.00₹235.00₹472.008
Jan ’25₹410.05
₹384.00
-6.35%
30.95%₹520.00₹225.00₹644.308
Dec ’24₹424.60
₹384.00
-9.56%
30.95%₹520.00₹225.00₹654.658
Nov ’24₹376.95
₹385.14
+2.17%
31.80%₹520.00₹225.00₹682.657
Oct ’24₹437.40
₹342.43
-21.71%
33.06%₹500.00₹195.00₹723.457
Sep ’24₹354.25
₹290.29
-18.06%
21.30%₹365.00₹195.00₹711.157
AnalystPriceTarget
Consensus Narrative from 16 Analysts
₹584.58
Fair Value
8.5% undervalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/17 11:30
End of Day Share Price 2025/09/17 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

JSW Energy Limited is covered by 49 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Satyadeep JainAmbit Capital
Ashwin MehtaAmbit Capital