JSW Energy (BOM:533148) ROE %: 4.83% (As of Mar. 2026) — 39% Below Median


BOM:533148 JSW Energy Ltd BOM:533148
84 GF Score
Price ₹550.10
GF Value ₹818.08
Valuation Possible Value Trap
! 7 Warning Signs
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What is JSW Energy ROE %?

JSW Energy BOM:533148 -2.71% 84 ROE % is 4.83% as of Mar. 2026, which is 39% below its 10-year median of 7.91. GuruFocus rates BOM:533148 with a GF Score™ of 84/100 and a GF Value™ of ₹818.08 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 433 Utilities - Independent Power Producers companies, JSW Energy ranks better than 64.67% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JSW Energy's annualized net income for the quarter that ended in Mar. 2026 was ₹14,863 Mil. JSW Energy's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹307,515 Mil. Therefore, JSW Energy's annualized ROE % for the quarter that ended in Mar. 2026 was 4.83%.

The historical rank and industry rank for JSW Energy's ROE % or its related term are showing as below:

BOM:533148' s ROE % Range Over the Past 10 Years
Min: 0.73   Med: 7.91   Max: 10.83
Current: 7.7

During the past 13 years, JSW Energy's highest ROE % was 10.83%. The lowest was 0.73%. And the median was 7.91%.

BOM:533148's ROE % is ranked better than
64.67% of 433 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.79 vs BOM:533148: 7.70

JSW Energy  (BOM:533148) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=14862.8/307515.1
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14862.8 / 179943.2)*(179943.2 / 1241816.9)*(1241816.9 / 307515.1)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.26 %*0.1449*4.0382
=ROA %*Equity Multiplier
=1.2 %*4.0382
=4.83 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=14862.8/307515.1
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (14862.8 / 7512) * (7512 / 57630.4) * (57630.4 / 179943.2) * (179943.2 / 1241816.9) * (1241816.9 / 307515.1)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.9785 * 0.1303 * 32.03 % * 0.1449 * 4.0382
=4.83 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


JSW Energy ROE % Related Terms


JSW Energy ROE % Historical Data

* Premium members only.

The historical data trend for JSW Energy's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

JSW Energy ROE % Chart

JSW Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.83 8.20 8.73 8.10 7.71

JSW Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.97 10.86 9.68 5.77 4.83

BOM:533148 vs CEG, VST, NRG: ROE % Comparison

For the Utilities - Independent Power Producers subindustry, JSW Energy's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JSW Energy ROE % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, JSW Energy's ROE % distribution charts can be found below:

* The bar in red indicates where JSW Energy's ROE % falls into.


BOM:533148
84GF Score
JSW Energy Ltd BOM:533148
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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JSW Energy ROE % Calculation

JSW Energy's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=22393.1/( (273614.3+307515.1)/ 2 )
=22393.1/290564.7
=7.71 %

JSW Energy's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=14862.8/( (0+307515.1)/ 1 )
=14862.8/307515.1
=4.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 4.83% mean?
JSW Energy (BOM:533148) has a ROE % of 4.83% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on JSW Energy and its competitors. This is 39% below median its historical median of 7.91. Over the past decade, JSW Energy's ROE % has ranged from 0.73 to 10.83. According to the industry distribution chart, JSW Energy ranks #153 out of 433 companies in the Utilities - Independent Power Producers industry, placing it in the top 35.3%.
Is JSW Energy's ROE % too high?
JSW Energy's current ROE % of 4.83% is 39% below median its 10-year median of 7.91. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 10.83. The Utilities - Independent Power Producers industry median ROE % is 3.79. JSW Energy's value of 4.83% is 27.4% above this industry median. Based on the distribution chart, JSW Energy ranks #153 out of 433 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, JSW Energy has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JSW Energy's ROE % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, JSW Energy ranks #153 out of 433 companies for ROE %. This puts JSW Energy in the upper half of its industry. The industry median ROE % is 3.79. JSW Energy's value of 4.83% is 27.4% above this benchmark. Historically, JSW Energy's own ROE % has ranged from 0.73 to 10.83 over the past decade. While the company's 10-year median is 7.91 vs. the industry median of 3.79, JSW Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.79, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JSW Energy's current ROE % of 4.83% is 27.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on JSW Energy and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Energy's current ROE % is 4.83%, which is 39% below median its own 10-year median of 7.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Energy stock overvalued right now?
Based on GuruFocus' analysis, JSW Energy (BOM:533148) is currently considered Possible Value Trap. The stock's GF Value™ is ₹818.08, compared to a current price of ₹550.10 — trading 32.8% below its estimated fair value. The current ROE % is 4.83%, which is 39% below median its 10-year median of 7.91 and 27.4% above the Utilities - Independent Power Producers industry median of 3.79. JSW Energy's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For JSW Energy (BOM:533148), the current ROE % is 4.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JSW Energy (BOM:533148) Overvalued in 2026?

Based on GuruFocus' analysis, JSW Energy stock appears to be undervalued. The current stock price of ₹550.10 is trading 32.8% below its estimated GF Value™ of ₹818.08. GuruFocus considers JSW Energy to be Possible Value Trap.

Key valuation signals for BOM:533148:

  • ROE %: 4.83% (39% below median its 10-year median of 7.91)
  • GF Value™: ₹818.08 vs. price of ₹550.10 (32.8% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 27.4% above the Utilities - Independent Power Producers median (#153 of 433)

No single metric tells the full story. See the BOM:533148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JSW Energy Business Description

Other Exchanges JSWENERGY:India
Address JSW Centre, Near MMRDA Grounds, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
JSW Energy Ltd is mainly engaged in the business of generation of power with principal places located at Vijayanagar (Karnataka), Ratnagiri(Maharashtra), Nandyal (Andhra Pradesh) and Salboni (West Bengal). The company's business segment includes Power generation, Power transmission, and Power trading. The company's reportable segment includes Thermal, and Renewables which comprises of generation of power from renewable energy sources i.e. hydro, wind, solar and related ancillary services. The company generates majority of revenue from Thermal which comprises of generation of power from coal and other thermal sources (lignite, gas and oil) from plants owned and related ancillary services.
84GF Score

Get the complete analysis for BOM:533148

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹550.10
Price
₹818.08
GF Value