JSW Energy's net generation for Q2 FY25 increased by 14% compared to the previous year, although revenue experienced a slight decline of 0.7% to ₹3,238 crore.
The company's EBITDA margins decreased by 565 basis points to 52.04%, reflecting the challenges in the current market environment.
JSW Energy has ambitious capital expenditure plans, aiming to achieve a total capacity of 10 GW by the end of FY25. Additionally, they have a strong pipeline of renewable projects that are expected to expand to 20 GW by 2030.
The recent acquisition of KSK Mahanadi is anticipated to contribute value and enhance the company's growth trajectory.
Despite the current valuations being considered not inexpensive, the medium-term outlook remains positive due to improved realizations and strategic initiatives.
JSW Energy maintains a strong balance sheet with a net debt of just 0.9 times, positioning them well for future growth opportunities.