Broker's call: JSW Energy (Sell)
Elara Securities17-07-2023
JSW Energy Results Earnings Call for Q1FY24
Conference Call with JSW Energy Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.17-07-2023
JSW Energy Ltd - 533148 - Rating By Moody'S Investor Service Of JSW Hydro Energy Limited''s USD707 Million Senior Secured Notes Due 2031
We wish to inform you that Moody''s Investor Service, vide their release dated 14th July, 2023, has affirmed the rating of our step - down wholly owned subsidiary, JSW Hydro Energy Limited''s USD707 million senior secured notes due 2031 at ''Ba1''. The Press Release from Moody''s Investor Service in this regard is available on their website (www.moodys.com).14-07-2023
JSW Energy Ltd - 533148 - Compliances-Reg. 54 - Asset Cover details
Further to our letter dated 14th July, 2023, in connection with the unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June, 2023, please find attached the Independent Auditor''s Certificate on Book Value of Assets of the JSW Energy Limited contained in the "Statement of Security Cover and Statement of Compliance Status of Financial Covenants in respect of Non-Convertible Debentures of the Company as at and for the period ended 30th June, 2023.14-07-2023
JSW Energy Q1 results: Positive performance in Q1FY24: EBITDA grows 18%, and strong cash returns for the company
JSW Energy, a subsidiary of JSW Group, reported positive Q1 FY24 results with increased net generation and EBITDA growth. The company's balance sheet remains strong, and progress was made on under-construction projects.14-07-2023
JSW Energy Ltd - 533148 - Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to the Regulation 30 of the SEBI LODR (Regulations), 2015, we hereby inform the appointment of Mr. Rajiv Chaudhri as an Additional and Independent Director of the Company. Please refer to the attached letter14-07-2023
JSW Energy Ltd - 533148 - Announcement under Regulation 30 (LODR)-Investor Presentation
Further to our letter dated 14th July, 2023, please find attached the Results Presentation in connection with the unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June, 2023.14-07-2023
Q1FY24 Quarterly Result Announced for JSW Energy Ltd.
Electric Utilities company JSW Energy announced Q1FY24 results: Operational Highlights: Overall Net Generation: Up by 14% YoY at 6.7 BUs driven by new RE capacities (including Mytrah) and higher generation at Ratnagiri, partly offset by lower generation at Hydro assets. Net Long-Term Generation: Up by 18% YoY driven by higher generation at Ratnagiri (Unit-1) and RE capacity additions Net Renewable Generation: Up by 35% YoY at 2.3 BUs due to RE capacity additions Consolidated Financial Highlights: Q1FY24 EBITDA at Rs 1,307 crore up 18% YoY driven by contribution from Mytrah and RE capacity additions, resulting in a reported PAT of Rs 290 crore and operating cash PAT of Rs 792 crore. On a sequential basis, EBITDA and PAT increased by 48% and 7% respectively. Cash PAT during the quarter stood strong at Rs 743 crore; delivering a consistent >18% cash return on adjusted net worth Receivables (excl. Mytrah) improved 21% QoQ with DSO at 58 days; healthy collection trend sustained Robust Balance Sheet, well-positioned to pursue growth Net Debt to Equity at 1.2x and Net Debt to EBITDA (Proforma TTM) at 4.7x Cash & Cash Equivalents at Rs 2,572 crore Under Construction Project Highlights: 2.0 GW Wind projects: SECI X project under progress with part CoD received for 130 MW as of Jun'23 (~150 MW currently); WTG foundation & balance of plant works in-progress for SECI IX and Group Captive plant 240 MW Kutehr HEP: Project well ahead of timelines with ~96% tunneling completed (up from ~92.5% in FY2023) lnd-Barath TPP: Restoration works ahead of schedule, expected commissioning Result PDF14-07-2023
JSW Energy Ltd - 533148 - Outcome Of The Board Meeting Held On 14Th July, 2023 Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
Pursuant to the Regulation 30 of the SEBI LODR Regulations, 2015, we hereby confirm the following: 1) Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2023. 2) Appointment of Mr. Rajiv Chaudhri as an Additional and Independent Director14-07-2023
JSW Energy Ltd - 533148 - Board Meeting Outcome for Outcome Of The Board Meeting Held On 14Th July, 2023 Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform you that the Board of Directors at its meeting held today has, inter-alia, approved the following: 1. Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2023 2. Appointment of Mr. Rajiv Chaudhri as an Additional and Independent Director The details are given in the attached letter. The Board Meeting commenced at 3:30 p.m. and concluded at 6:00 p.m.14-07-2023