Results Snapshot
Figures in Cr
Consolidated - Balance Sheet Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
EQUITY AND LIABILITIES
No of Months
12
12
12
12
12
12
Share Capital
1,756.18
1,745.25
1,641.22
1,640.54
1,639.67
1,642.33
Share Warrants & Outstandings
Total Reserve
28,370.33
25,616.18
19,190.52
16,988.27
15,775.23
12,864.67
Shareholder's Funds
30,751.51
27,361.43
20,831.74
18,628.81
17,414.90
14,507.00
Minority Interest
2,825.85
1,723.63
182.50
105.37
2.06
-8.72
Long-Term Borrowings
64,875.02
44,896.85
27,731.20
19,207.90
6,876.37
6,972.41
Secured Loans
61,615.73
42,696.85
27,161.94
14,201.66
2,133.16
6,972.41
Unsecured Loans
3,259.29
2,200.00
569.26
5,006.24
4,743.21
0.00
Deferred Tax Assets / Liabilities
2,854.77
2,599.82
836.72
753.97
474.06
378.37
Other Long Term Liabilities
2065.06
1006.04
801.36
721.09
542.55
688.95
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
204.96
152.22
113.89
62.41
111.56
99.29
Total Non-Current Liabilities
69,999.81
48,654.93
29,483.17
20,677.46
8,004.54
8,139.02
Current Liabilities
Trade Payables
1,423.31
1,409.45
1,343.65
1,274.06
1,075.93
949.94
Other Current Liabilities
7,720.09
5,547.57
2,304.81
2,034.14
1,988.13
1,235.21
Short Term Borrowings
10,971.12
4,724.45
3,595.41
5,609.32
2,016.17
1,371.07
Short Term Provisions
115.50
33.95
25.57
20.19
12.53
13.05
Total Current Liabilities
20,230.02
11,715.42
7,269.44
8,937.71
5,092.76
3,569.27
Total Liabilities
1,23,807.19
89,455.41
57,766.85
48,417.26
30,514.26
26,206.57
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00
0.00
0.00
Gross Block
89,548.94
65,987.56
39,111.92
33,483.50
22,227.37
21,899.06
Less: Accumulated Depreciation
15,025.93
11,832.32
10,165.72
8,463.01
7,396.73
6,262.30
Less : Impairment of Assets
0.00
0.00
0.00
0.00
0.00
0.00
Net Block
74,523.01
54,155.24
28,946.20
25,020.49
14,830.64
15,636.76
Lease Adjustment
0.00
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
17,409.45
10,276.92
10,282.30
4,779.50
2,090.60
472.77
Intangible assets under development
55.09
4.01
2.79
8.69
0.00
0.00
Pre-operative Expenses pending
0.00
0.00
0.00
0.00
0.00
0.00
Assets in transit
0.00
0.00
0.00
0.00
0.00
0.00
Non Current Investments
8,114.07
7,653.69
5,945.78
4,961.62
5,230.82
3,367.92
Long Term Loans & Advances
4,049.38
2,946.18
1,879.50
2,074.19
1,968.39
1,163.92
Other Non Current Assets
4,249.52
2,343.62
2,045.50
2,050.30
1,193.39
1,101.12
Total Non-Current Assets
1,08,400.52
77,379.66
49,102.07
38,894.79
25,313.84
21,742.49
Current Assets Loans & Advances
Current Investments
3,264.86
2,101.60
1,089.08
1,071.15
1,392.35
684.23
Inventories
960.58
905.33
830.67
987.08
901.02
395.08
Sundry Debtors
1,630.17
1,319.82
844.20
1,531.92
670.22
964.46
Cash and Bank
5,765.22
4,695.17
4,206.60
4,013.88
1,134.11
479.18
Other Current Assets
1,885.38
1,458.32
1,001.58
976.46
731.42
598.51
Short Term Loans and Advances
1,900.46
1,595.51
692.65
941.98
371.30
1,342.62
Total Current Assets
15,406.67
12,075.75
8,664.78
9,522.47
5,200.42
4,464.08
Net Current Assets (Including Current Investments)
-4,823.35
360.33
1,395.34
584.76
107.66
894.81
Total Current Assets Excluding Current Investments
12,141.81
9,974.15
7,575.70
8,451.32
3,808.07
3,779.85
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
0.00
Total Assets
1,23,807.19
89,455.41
57,766.85
48,417.26
30,514.26
26,206.57
Contingent Liabilities
4,165.54
4,340.38
2,441.70
3,024.55
2,647.55
1,654.63
Total Debt
75,846.14
49,621.30
31,326.61
24,817.22
8,892.54
8,343.48
Book Value per share (adjusted)
171.42
156.66
126.82
113.45
106.11
88.24
Balance Sheet Analysis Highlights
Borrowings
YoY Growth in year ended Mar 2026 is 52.85% vs 58.40% in Mar 2025
Other Long Term Liabilities
YoY Growth in year ended Mar 2026 is 105.27% vs 25.54% in Mar 2025
Fixed Assets
YoY Growth in year ended Mar 2026 is 42.68% vs 64.25% in Mar 2025
Investments
YoY Growth in year ended Mar 2026 is 6.02% vs 28.72% in Mar 2025
Current Assets
YoY Growth in year ended Mar 2026 is 27.58% vs 39.37% in Mar 2025
Compare Balance Sheet Results of JSW Energy
Figures in Cr
Consolidated - Balance Sheet Results
Change(INR)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
1,756.18
319.56
1,436.62
449.56%
Share Warrants & Outstandings
Total Reserve
28,370.33
39,147.65
-10,777.32
-27.53%
Shareholder's Funds
30,751.51
39,467.21
-8,715.70
-22.08%
Minority Interest
2,825.85
8,070.86
-5,245.01
-64.99%
Long-Term Borrowings
64,875.02
61,608.57
3,266.45
5.30%
Secured Loans
61,615.73
35,969.96
25,645.77
71.30%
Unsecured Loans
3,259.29
25,638.61
-22,379.32
-87.29%
Deferred Tax Assets / Liabilities
2,854.77
4,200.34
-1,345.57
-32.03%
Other Long Term Liabilities
2,065.06
18,779.84
-16,714.78
-89.00%
Long Term Trade Payables
0.00
0.00
0.00
0.00%
Long Term Provisions
204.96
3,213.85
-3,008.89
-93.62%
Total Non-Current Liabilities
69,999.81
87,679.31
-17,679.50
-20.16%
Current Liabilities
Trade Payables
1,423.31
10,786.20
-9,362.89
-86.80%
Other Current Liabilities
7,720.09
18,243.11
-10,523.02
-57.68%
Short Term Borrowings
10,971.12
9,513.82
1,457.30
15.32%
Short Term Provisions
115.50
680.44
-564.94
-83.03%
Total Current Liabilities
20,230.02
39,223.57
-18,993.55
-48.42%
Total Liabilities
1,23,807.19
1,74,564.24
-50,757.05
-29.08%
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00%
Gross Block
89,548.94
1,19,763.99
-30,215.05
-25.23%
Less: Accumulated Depreciation
15,025.93
37,996.74
-22,970.81
-60.45%
Less : Impairment of Assets
0.00
0.00
0.00
0.00%
Net Block
74,523.01
81,767.25
-7,244.24
-8.86%
Lease Adjustment
0.00
0.00
0.00
0.00%
Capital Work in Progress
17,409.45
14,595.13
2,814.32
19.28%
Intangible assets under development
55.09
0.00
55.09
0.00%
Pre-operative Expenses pending
0.00
0.00
0.00
0.00%
Assets in transit
0.00
0.00
0.00
0.00%
Non Current Investments
8,114.07
15,218.42
-7,104.35
-46.68%
Long Term Loans & Advances
4,049.38
4,425.81
-376.43
-8.51%
Other Non Current Assets
4,249.52
22,461.14
-18,211.62
-81.08%
Total Non-Current Assets
1,08,400.52
1,43,993.19
-35,592.67
-24.72%
Current Assets Loans & Advances
Current Investments
3,264.86
1,356.12
1,908.74
140.75%
Inventories
960.58
5,107.64
-4,147.06
-81.19%
Sundry Debtors
1,630.17
4,423.96
-2,793.79
-63.15%
Cash and Bank
5,765.22
13,644.00
-7,878.78
-57.75%
Other Current Assets
1,885.38
4,441.58
-2,556.20
-57.55%
Short Term Loans and Advances
1,900.46
1,597.75
302.71
18.95%
Total Current Assets
15,406.67
30,571.05
-15,164.38
-49.60%
Net Current Assets (Including Current Investments)
-4,823.35
-8,652.52
3,829.17
44.25%
Total Current Assets Excluding Current Investments
12,141.81
29,214.93
-17,073.12
-58.44%
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00%
Total Assets
1,23,807.19
1,74,564.24
-50,757.05
-29.08%
Contingent Liabilities
4,165.54
4,295.13
-129.59
-3.02%
Total Debt
75,846.14
71,122.39
4,723.75
6.64%
Book Value per share (adjusted)
171.42
121.44
49.98
41.16%
Annual - Borrowings
Borrowings 75,846.14 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 52.85% vs 58.40% in Mar 2025
Annual - Other Long Term Liabilities
Other Long Term Liabilities 2,065.06 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 105.27% vs 25.54% in Mar 2025
Annual - Fixed Assets
Fixed Assets 91,932.46 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 42.68% vs 64.25% in Mar 2025
Annual - Investments
Investments 8,114.07 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 6.02% vs 28.72% in Mar 2025
Annual - Current Assets
Current Assets 15,406.67 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 27.58% vs 39.37% in Mar 2025






