JSW Energy's Q4 profit up 16%. Stock stays muted

JSW Energy share price inched up below 2 per cent today after the company reported a 16 per cent jump in Q4 profit and announced a Rs 2 per share dividend. On top of that, it's gearing up to raise a massive Rs 10,000 crore to fuel its next growth phase. But with an already steep valuation and ambitious expansion goals, investors are asking—can JSW Energy keep the current flowing? What does JSW Energy do? JSW Energy is part of the Sajjan Jindal-led JSW Group. It operates a mix of thermal, hydro, and renewable power projects, with a current capacity of around 7.2 GW. The company's vision—called 'Strategy 3.0'—aims to scale that up to 30 GW by 2030, along with 40 GWh of energy storage. Below are the company's fundamental metrics: Metric Value Market cap Rs 85,169 crore Revenue (TTM) Rs 11,312 crore Net profit (TTM) Rs 1,894 crore ROE 8.8 per cent ROCE 8.8 per cent P/E ratio 43.7 P/B ratio 3.1 Industry P/E 14.36 EV/EBITDA 21.3 Dividend yield 0.4 per cent Debt to equity 1.5 Book value Rs 160.9 EPS Rs 11 Face valu