JSW Energy Limited has reported its highest-ever annual EBITDA of ₹11,041 crore for the financial year 2026, marking a significant milestone for the company. Driven by robust operational scale and integration, the firm added 2.6 GW of capacity, bringing its total operational base to 13.45 GW. With a clear strategy to reach 30 GW capacity by 2030, the company continues to see strong demand recovery and is accelerating growth across its renewable and thermal portfolios.
FY 2026 Financial Highlights
During the fourth quarter of FY 2026, JSW Energy witnessed a 39% year-on-year revenue growth to approximately ₹4,851 crore. Quarterly EBITDA surged 72% year-on-year to ₹2,602 crore. For the full year, the company achieved a record annual EBITDA of ₹11,041 crore. Profit After Tax for the quarter stood at ₹574 crore, reflecting a 38% year-on-year increase.
Strategic Growth and Capacity Expansion
The company successfully added 2.6 GW of capacity in FY 2026, encompassing wind (240 MW), solar (305 MW), hybrid (451 MW), and hydro (240 MW) projects. Total operational capacity now stands at 13.45 GW, solidifying JSW Energy’s position as a major diversified power player. Furthermore, the firm is currently building 14 GW of generation projects, all of which are fully secured under long-term power purchase agreements.
Thermal Performance and Energy Storage
The 1,800 MW KSK Mahanadi asset delivered a robust performance, registering an annual EBITDA exceeding ₹3,300 crore, with an impressive 93% PLF during Q4. Alongside thermal strength, the company is prioritizing energy storage to ensure grid stability. JSW Energy has locked in 29.6 GWh of storage capacity and successfully commissioned a 5 GWh battery assembly facility in Pune during the fourth quarter.
Outlook for FY 2027
JSW Energy remains on a trajectory of accelerated growth. The company plans to add approximately 3 GW of capacity in FY 2027, with a capital expenditure allocation of ₹20,000 crore for the year. Management expressed confidence in achieving its long-term target of 30 GW of generation capacity and 40 GWh of energy storage by 2030, supported by favorable demand trends and disciplined capital allocation.
Source: BSE
