JSW Energy Q2 FY27 Results & Earnings Intelligence

JSWENERGY

Structural risk assessment following Q2-FY27 | 30 Sep 26 earnings.

Flagium AI Risk Score✅
StableRisk: 19/100
1 warning12Q Forensic Surveillance ✓
Revenue from Operations

₹6,368.5 Cr

+22.3% QoQ

Operating Profit (EBITDA)

₹1,348.6 Cr

+41.4% YoY•+94.4% QoQ

Net Profit (PAT)

₹1,141.0 Cr

+38.4% YoY•+114.2% QoQ

Risk Score (QoQ)

19/ 100

−5 pts QoQ

The Quarter at a Glance

Consolidated Financials
Revenue from OperationsQ2-FY27 | 30 Sep 26
₹6,368.5 Cr
YoYQ2-FY26 | 30 Sep 25
N/AN/A
QoQQ1-FY27 | 30 Jun 26
₹5,207.1 Cr+22.3%
Revenue (Total Income)Q2-FY27 | 30 Sep 26
₹6,657.7 Cr
YoYQ2-FY26 | 30 Sep 25
₹5,361.1 Cr+24.2%
QoQQ1-FY27 | 30 Jun 26
₹5,436.6 Cr+22.5%
Operating Profit (EBITDA)Q2-FY27 | 30 Sep 26
₹1,348.6 Cr
YoYQ2-FY26 | 30 Sep 25
₹953.5 Cr+41.4%
QoQQ1-FY27 | 30 Jun 26
₹693.7 Cr+94.4%
Profit Before Tax (PBT)Q2-FY27 | 30 Sep 26
₹1,348.6 Cr
YoYQ2-FY26 | 30 Sep 25
₹953.5 Cr+41.4%
QoQQ1-FY27 | 30 Jun 26
₹693.7 Cr+94.4%
EBIT MarginQ2-FY27 | 30 Sep 26
20.26%
YoYQ2-FY26 | 30 Sep 25
17.79%+247 bps
QoQQ1-FY27 | 30 Jun 26
12.76%+750 bps
Net Profit (PAT)Q2-FY27 | 30 Sep 26
₹1,141.0 Cr
YoYQ2-FY26 | 30 Sep 25
₹824.3 Cr+38.4%
QoQQ1-FY27 | 30 Jun 26
₹532.7 Cr+114.2%
Interest ExpenseQ2-FY27 | 30 Sep 26
₹1,614.8 Cr
YoYQ2-FY26 | 30 Sep 25
₹1,417.6 Cr+13.9%
QoQQ1-FY27 | 30 Jun 26
₹1,519.3 Cr+6.3%
Operating Cash FlowQ2-FY27 | 30 Sep 26
₹566.9 Cr
YoYQ2-FY26 | 30 Sep 25
₹5,338.4 Cr-89.4%
QoQQ1-FY27 | 30 Jun 26
N/AN/A
Basic EPS (₹/share)Q2-FY27 | 30 Sep 26
₹5.77
YoYQ2-FY26 | 30 Sep 25
N/AN/A
QoQQ1-FY27 | 30 Jun 26
₹2.64+118.6%
Diluted EPS (₹/share)Q2-FY27 | 30 Sep 26
₹5.62
YoYQ2-FY26 | 30 Sep 25
N/AN/A
QoQQ1-FY27 | 30 Jun 26
₹2.57+118.7%

Sources:Official BSE/NSE Disclosures & Financial Filings

Power • Healthy Core ProfitabilityEBITDA Operating Margin: 20.3% (Strong Operating Margin)
Benchmark: Prudent Target ≥ 12.0%

Core operating EBITDA margin of 20.3% reflects operating leverage, gross spread absorption, and input cost discipline against revenue.

Sentinel Executive Summary

Core Earnings Synthesis

"JSW Energy Limited currently sits within Flagium's Stable category. However, recent periods have introduced early signs of leverage and funding pressure. Despite positive top and bottom-line growth, triggers like 'Low Interest Coverage' indicate underlying structural risk. Current deterioration appears cyclical rather than existential."

JSW Energy Limited posted steady top-line growth and bottom-line stability, demonstrating resilient execution in its core markets. While the underlying business remains fundamentally sound, the presence of 1 active risk warnings highlights minor operational or working capital inefficiencies to keep on the watch list.

🟢 Key Operational & Structural Positives

  • ✓Revenue Growth: Quarterly revenue moved +24.2% YoY and +22.5% QoQ, reflecting demand and volume trends.
  • ✓Net Profit Expansion: Profit after tax moved +38.4% YoY and +114.2% QoQ, settling at ₹1,141.0 Cr.
  • ✓Core Operating Revenue Growth: Revenue from operations (core business, ex-other income) moved +22.3% QoQ, reaching ₹6,368.5 Cr.

⚠️ Key Areas of Watch & Margin Pressures

  • ⚠Resolution of 'Low Interest Coverage': JSWENERGY: Low Interest Coverage Ratio of 1.84x in FY2027 Q2 (Threshold: 2.5x).
  • ⚠Deal pipeline conversion: Track large TCV deal conversions and discretionary client spend recovery.
  • ⚠Operating margin defense: Monitor offshore employee utilization and wage hike absorption.

Flagium Risk Signals

Automated Forensic Signals
Quarterly Risk Trajectory (Q1-FY27 | 30 Jun 26 → Q2-FY27 | 30 Sep 26)

Stabilization in key metrics • Persistent watch: Low Interest Coverage

CategorySolvency & Leverage
SignalLow Interest Coverage
SeverityModerate

JSWENERGY: Low Interest Coverage Ratio of 1.84x in FY2027 Q2 (Threshold: 2.5x).

🎙️ JSW Energy (JSWENERGY) Q2 FY27 Concall Intelligence

Management Commentary, Concall Takeaways & Key Discussion Themes

🎙

No earnings call transcript was available

for this reporting period.

Sentinel AI · Q2 FY27 Forensic Copilot

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Methodology & Regulatory Disclaimer

Flagium AI is an automated financial data analytics platform. Analysis reports are compiled programmatically from public regulatory XBRL submissions (NSE/BSE) for educational and research purposes only. Flagium AI is not registered with SEBI as a Research Analyst or Investment Adviser under SEBI regulations. This evaluation does not constitute investment advice, financial planning, or recommendations to buy, sell, or hold any security.

Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered Investment Adviser before acting on any data presented.