ICRA assigns JSW Energy at A2, outlook Stable
JSW Energy (BSE: JSWENERGY) said ICRA has assigned its credit rating at A2 with a stable outlook. The company is valued at about ₹82,241 crore.
What happened
JSW Energy (BSE: JSWENERGY) informed the stock exchanges on 24 October 2026 at 05:12 PM that ICRA has assigned its credit rating at A2 with a stable outlook.
Company snapshot
JSW Energy is a mid-cap company in the Power sector, with a market value of about ₹82,241 crore.
The stock last traded at ₹448.6, against a 52-week range of ₹427.8–₹617.4 (27.3% below the high).
Before this filing the shares had moved −10.4% over the month and −15.9% over three months. Average daily turnover over the last 20 sessions was about ₹95.47 crore.
Promoters held 66.53% at the end of Q1 FY27; 13.28% of promoter shares were pledged. Foreign institutions owned 11.41% and domestic institutions 16.20%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 5,143 | 743.1 | 4.26 |
| Q2 FY26 | 5,177 | 704.7 | 4.04 |
| Q3 FY26 | 4,082 | 419.9 | 2.41 |
| Q4 FY26 | 4,499 | 371.6 | 2.12 |
| Q1 FY27 | 5,207 | 471 | 2.64 |
What history shows
BCEIE's records show 12 or more previous credit rating filings from the company since May 2026.
After those filings, the stock fell 0.5% on average the next trading day and was down 0.3% on average after five days (12 filings with price data).
Across 33 similar disclosures by other Power companies, shares moved −0.1% on average the next day and −0.6% over five days; 45% of them rose the next day.
Market-wide, 1,329 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 13 Oct 2026 | Assignment of Credit Rating - O2 Companies | +4.0% | +2.4% |
| 9 Oct 2026 | Affirmation of Credit Rating - JSW Renew Energy Limited | −0.4% | +4.3% |
| 8 Oct 2026 | Assignment of Credit Rating JSW Renewable Energy Dolvi Three Limited | +0.1% | +3.4% |
| 29 Sept 2026 | Assignment of Credit Rating Maruti Clean Coal & Power Limited | −3.2% | −3.1% |
| 29 Sept 2026 | Assignment of Credit Rating JSW Thermal Energy Limited | −3.2% | −3.1% |
What to watch
- Whether other agencies take a similar view on the company's credit.
- 28 October 2026: Board meeting — Financial Results/Fund Raising.
In the news
Recent coverage elsewhere (links open the original publisher):
- JSW Energy, Suzlon, IEX, Tata Power, NTPC, CIL: JM Financial maps risks post RBI’s rate hike
- Grapevine: JSW Energy, Polaris Smart Metering, Flipkart, Avendus, others in news
- JSW Energy, Gemstar & Actis vie for Polaris smart metering
- JSW Energy receives certified copy of NCLT order for GE Power demerger
- JSW Energy, Gemstar Infra and Actis shortlisted for Polaris Smart Metering acquisition valued at INR 1,800–2,000 crore
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.