JSW Infrastructure

NSE: JSWINFRABSE: 543994
Compare with peers
₹ 315.05▼ 2.2 (−0.69%)28 Oct, 03:29 pm IST
Market cap
₹ 73,535 Cr.
P/E
47.5x
P/B
6.16x
52-week range
233.42 – 375.5
ROE
15%
ROCE
14%
Dividend yield
0.3%
Debt / equity
0.63
Sector
Transport Infrastructure
Industry
Port & Port services
Listed on
NSE, BSE

About

JSW Infrastructure Limited is an India-based port-related infrastructure company. The Company is primarily engaged in the business of developing, operating and maintaining the ports services, ports-related infrastructure development activities and development of infrastructure. Its segments include Port Operation and Logistic Operation. The Port Operation segment includes developing, operating and maintaining ports and terminals, related infrastructure and value-added services. Its Logistic Operation segment mainly includes logistics business. It handles a diverse range of cargo types, from dry bulk and break bulk to liquid bulk, gases, and containers. It offers comprehensive maritime services that encompass cargo handling, storage solutions, logistics services, and value-added offerings, positioning it as an evolving end-to-end logistics solutions provider. The Company's subsidiaries include JSW Jaigarh Port Limited, Southwest Port Limited, JSW Shipyard Private Limited, and others.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Port & Port services: 6 companies →

JSW Infrastructure against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)47.5 against a typical 23.5: pricier than most peers (1st = cheapest).6th of 6
  • Sales growth+18.1% against a typical +16.3% from a year earlier.3rd of 6
  • Profit growth−8.2% against a typical +7% from a year earlier.4th of 5
  • Share price, 3 months−0.5% against a typical +0.9%.4th of 6
  • Size₹ 73,534.9 Cr. market value against a typical ₹ 4,066.7 Cr. (1st = largest).2nd of 6

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026Outcome of Board MeetingHigh impactPositivePrice −0.7% on 28 Oct
    Strong 17% revenue growth and logistics turnaround offset by FX-led profit dip and QIP dilution.

    JSW Infrastructure reported Q2 revenue of Rs 1,480.9 crore, up 17% from last year, and half-year revenue of Rs 2,925.8 crore. Net profit fell to Rs 328.2 crore in Q2 and Rs 685.8 crore in H1 due to a Rs 148.6 crore foreign exchange loss and higher depreciation. The balance sheet grew sharply after a Rs 6,555 crore QIP in June, with net worth at Rs 18,005 crore funding port capex and new rail logistics acquisitions.

    Filing
  • 14 Oct 2026General UpdatesLow impactPositivePrice −0.4% that day
    Subsidiary Navkar wins Rs 48 cr Gati Shakti cargo terminal contract with 35-year operation rights.

    JSW Infrastructure's listed subsidiary Navkar Corporation has received a Letter of Acceptance from Southern Railway, Salem for construction and operation of a Gati Shakti Multi-Modal Cargo Terminal at Kulipalaiyam station. The broad order size is about Rs 48 crore, to be built within 18 months with railway land licensed for 35 years. The size is very small versus JSW Infrastructure's scale, so near-term financial impact is minimal but it adds a long-term terminal asset.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA+ by ICRA
AA+
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CARE—Stable1 Oct 2026
ICRA[ICRA]AA+Stable28 Jan 2026
Credit rating actions
RatingDetails
1 Oct 2026
New rating
——CARE₹ 10 Cr.
22 Sep 2026
Reaffirmed
CARE AA+ / CARE A1+—CARE₹ 500 Cr.
28 Jan 2026
Reaffirmed
[ICRA]AA+—ICRA₹ 2,800 Cr.
25 Nov 2025
Withdrawn
was CARE AA+ / CARE A1+—CARE₹ 300 Cr.
16 Sep 2025
New rating
[ICRA]AA+—ICRA₹ 2,650 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
27 Oct 2026Financial ResultsTo consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026
21 Jul 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
8 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
20 Feb 2026Fund RaisingTo consider Fund Raising
16 Jan 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
16 Oct 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025

Share price

1Y change +6.44%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8489401,0961,0101,0011,1821,2831,2241,2661,3501,5221,445
Expenses396460515495481596642643656706753771
Operating Profit452480581515521586641581610644769674
OPM %53%51%53%51%52%50%50%47%48%48%51%47%
Other Income47781049487838990107521757
Interest7114313482−8025685510593130102
Depreciation101108134135134138140143149164158166
Profit before tax328307417392554276581473463439498463
Tax %22%17%21%24%33%−22%11%18%20%17%15%23%
Net Profit256254329297374336516390369365424358
EPS in Rs1.211.191.571.391.771.572.431.831.721.711.991.49

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
27%
3 Years
19%
TTM
19%
Compounded Profit Growth
10 Years
—
5 Years
40%
3 Years
29%
TTM
−3%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
15%
5 Years
16%
3 Years
16%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
73.93%
−9.68 pts in a year
FIIs
11.21%
+4.57 pts in a year
DIIs
9.19%
+6.37 pts in a year
Public
5.39%
−0.59 pts in a year
Others
0.28%
−0.68 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 47.5xEPS (12 months) ₹ 7.22Median P/E 47x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
JSW Infrastructure₹ 315.05₹ 73,535 Cr.47.5x6.2x15%—
Adani Ports and Special Economic Zone₹ 1,703.00₹ 3,92,364 Cr.31.1x4.4x16.2%33%
GMR Airports₹ 87.00₹ 91,863 Cr.567.5x——3.2%
Aegis Vopak Terminals₹ 242.00₹ 26,813 Cr.95.1x7x11%37%
Shreeji Shipping Global₹ 775.25₹ 12,518 Cr.61.2x12.6x29.9%21.5%
Gujarat Pipavav Port₹ 156.00₹ 7,526 Cr.14.6x3.1x21.8%44.4%

Management

Rinkesh Roy
Chief Executive Officer, Joint Managing Director, Executive Director
J. Nagarajan
Chief Financial Officer
Hitesh Pravin Kanani
Compliance Officer, Company Secretary
Devki Nandan Sharma
Additional Whole-Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.