All Eyes On Rs 520: JSW Energy’s Technicals Stay Hot Ahead of June Dividend Record Date; Time To Hit The TP?

One of India's leading power-producing and renewable energy companies is JSW Energy Limited. With a market value of Rs 87.99KCr, JSW Energy's shares closed Friday's trading session on the NSE 3.30% higher at Rs 503.50. It gained 3.95% from its previous finish of Rs 487.40 to achieve an intraday high of Rs 506.65. The stock price surged following JSW Energy's release of Q4 results, which showed the firm was doing well financially, and the announcement of a dividend for FY25, for which the record date is June.

JSW Energy Dividend

The Board of Directors have "recommended a dividend of Rs. 2 per Equity Share of Rs. 10 (20 %) each to the Members of the Company for declaration at the 31st Annual General Meeting ("AGM") scheduled to be held on Friday, 11th July, 2025. Further to the above intimation, this to inform you that pursuant to Regulation 42 of the SEBI Listing Regulations, the Company has fixed Friday, 6th June, 2025, as the Record Date for the purpose of determining entitlement of Members of the Company to receive the aforesaid Dividend for the financial year ended 31st March, 2025. The said dividend, if declared by the Members at the ensuing AGM, shall be paid within 30 days from the date of the AGM, subject to deduction of tax at source as applicable," said JSW Energy in a stock exchange filing.

On Friday, July 11, 2025, the company's members will have their 31st annual general meeting.

JSW Energy Q4 Results

For the fourth quarter ending March 31, 2025, the company's consolidated net profit increased 16.1% YoY to Rs 408 crore from Rs 351.3 crore in the year-ago quarter. JSW Energy's revenue from operations climbed 15.7% during the quarter under review, from Rs 2,755.9 crore in Q4FY24 to Rs 3,189.4 crore. EBITDA, or earnings before interest, tax, depreciation, and amortization, surged 3.1% to Rs 1,204.3 crore in Q4FY25 from Rs 1,168.3 crore in the same period last year. In Q4FY24, the EBITDA margin dipped from 42.4% to 37.8%.

Through the issuing of qualifying company securities through private offers, preferential allocation, or placement with qualified institutions, the Board of the firm authorized the raising of funds of up to Rs. 10,000 Crores in one or more tranches.

"The consolidated net worth and net debt as on Mar 31, 2025 were Rs 27,362 Crore and Rs 43,962 Crore respectively, resulting in a Net Debt to Equity ratio of 1.6x. Net Debt to EBITDA stood at 5.0x, with Net Debt to EBITDA (excl. CWIP) at a healthy 3.9x. Receivables in DSO terms are at a healthy level of 76 days in the quarter," JSW Energy mentioned in a statement.

As of March 31, 2025, the company's cash holdings stood at Rs 5,660 crores, demonstrating its continued solid liquidity.

"The Company has exceeded its FY25 operational capacity target of 10 GW, achieving EBITDA and PAT targets based on the exit run-rate of its operational portfolio. Now, the Company is ambitiously revising its 2030 target and aims 30 GW of generation capacity and 40 GWh of energy storage, up from the previous goal of 20 GW generation capacity," JSW Energy informed stock exchanges.

JSW Energy Share Price Target

"JSW Energy is in a strong uptrend and recently gave a breakout above ₹480. The stock is making higher highs and showing strong volume support. As long as it stays above ₹490, it could move towards ₹520 in the short term. Technical indicators like MACD and RSI support continued momentum. The trend remains bullish," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

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