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JSWENERGY - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.7

Last Updated Time : 02 Feb 26, 01:17 pm

Fundamental Rating: 2.7

Stock Code JSWENERGY Market Cap 77,546 Cr. Current Price 441 ₹ High / Low 579 ₹
Stock P/E 86.2 Book Value 130 ₹ Dividend Yield 0.45 % ROCE 5.82 %
ROE 6.24 % Face Value 10.0 ₹ DMA 50 485 ₹ DMA 200 513 ₹
Chg in FII Hold -2.62 % Chg in DII Hold 2.83 % PAT Qtr 82.7 Cr. PAT Prev Qtr 190 Cr.
RSI 35.2 MACD -10.3 Volume 26,14,405 Avg Vol 1Wk 89,15,034
Low price 419 ₹ High price 579 ₹ PEG Ratio 3.15 Debt to equity 0.61
52w Index 13.8 % Qtr Profit Var -61.9 % EPS 5.04 ₹ Industry PE 25.6

📊 Financials: JSWENERGY shows weak fundamentals with ROCE at 5.82% and ROE at 6.24%, reflecting poor capital efficiency. Debt-to-equity ratio of 0.61 indicates moderate leverage. Quarterly PAT dropped sharply from 190 Cr. to 82.7 Cr., with a negative profit variation of -61.9%, highlighting earnings volatility. EPS of 5.04 ₹ is modest relative to market cap, limiting shareholder value creation. Cash flows are under pressure due to declining profitability.

💹 Valuation: Current P/E of 86.2 is significantly higher than the industry average of 25.6, suggesting extreme overvaluation. P/B ratio is ~3.39 (Current Price / Book Value), which is expensive compared to peers. PEG ratio of 3.15 indicates weak growth relative to valuation. Intrinsic value appears much lower than CMP, offering little margin of safety.

🏢 Business Model & Competitive Advantage: JSWENERGY operates in the power generation sector, with exposure to renewable and conventional energy. While scale and diversification provide resilience, weak return ratios, declining profits, and stretched valuations reduce its competitive edge compared to peers with stronger fundamentals.

🎯 Entry Zone Recommendation: Current price of 441 ₹ is near its 52-week low of 419 ₹, reflecting weakness. A more attractive entry zone would be around 380–410 ₹, offering better risk-reward. Long-term investors should be cautious and accumulate only on significant corrections, given stretched valuations and poor profitability trends.

Positive

  • DII holdings increased by 2.83%, showing domestic institutional support.
  • Strong brand presence in the energy sector with renewable exposure.
  • Reasonable dividend yield of 0.45% provides some shareholder return.

Limitation

  • Extremely high P/E of 86.2 compared to industry average (25.6).
  • Weak ROCE (5.82%) and ROE (6.24%) indicate poor efficiency.
  • Quarterly PAT decline from 190 Cr. to 82.7 Cr. (-61.9%).
  • Technical indicators (RSI 35.2, MACD -10.3) show bearish sentiment.

Company Negative News

  • Sharp decline in quarterly profits raises sustainability concerns.
  • FII holdings decreased by 2.62%, reflecting reduced foreign investor confidence.

Company Positive News

  • DII inflows suggest domestic support despite weak fundamentals.
  • Exposure to renewable energy provides long-term growth potential.

Industry

  • Power sector industry P/E at 25.6 reflects moderate valuations.
  • Sector growth driven by renewable energy adoption and infrastructure demand.
  • Government initiatives in clean energy support long-term expansion.

Conclusion

⚖️ JSWENERGY is fundamentally weak with low return ratios, declining profits, and stretched valuations. Despite renewable energy exposure and domestic institutional support, the stock trades at unsustainable multiples. Investors should avoid fresh entry at current levels and consider accumulation only near 380–410 ₹ for better margin of safety. Long-term holding carries risk unless profitability improves significantly and valuations normalize.

I can also outline renewable vs conventional energy exposure trends for JSWENERGY to give you a clearer picture of its long-term positioning.

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