JSW Energy (533148) Investor presentation summary

Strategic vision and growth targets

• Aims to reach 30 GW generation and 40 GWh energy storage capacity by 2030, with a vision to be carbon neutral by 2050 and a mission to provide reliable, affordable, and sustainable power.

• Growth strategy has evolved from 10 GW by 2025 to 30 GW by 2030, with cumulative incremental capital expenditure of ~₹130,000 Cr over FY26-30.

• Plans to triple capacity from FY26 to FY30, maintaining a diversified portfolio across thermal, wind, solar, hydro, and hybrid assets.

Sustainability and ESG leadership

• Committed to reducing carbon emissions by ~50% and enhancing renewable share to ~70% of total installed capacity by 2030.

• Achieved 48% reduction in particulate emissions and 17% reduction in NOx emissions since April 2020.

• Implements zero liquid discharge, 100% ash utilization, and biodiversity management plans at major sites.

• Recognized with high ESG ratings: S&P Global (DJSI-ESG) 82/100, TPI Level 5, MSCI 'A', FTSE4Good Index constituent.

Operational and financial performance

• FY26 total revenue reached ₹19,878 Cr (+57% YoY), EBITDA ₹11,041 Cr (+81% YoY), and cash PAT ₹4,359 Cr (+28% YoY).

• EBITDA margin improved to 56% in FY26, with robust cash returns on net worth at 18%.

• 96% of installed portfolio tied under long-term PPAs, ensuring steady cash flow and high visibility.

• Net debt/EBITDA at 5.96x and net debt/equity at 2.15x as of March 2026, with healthy liquidity and credit ratings.