JSW Infrastructure Ltd
NSE: JSWINFRA · Port & Port services · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 6 companies in Port & Port services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2,320 cr vs borrowings ₹6,410 cr (FY26): borrowings are higher by ₹4,090 cr.
- Operating profit covered interest 5.3x in the last 12 months.
- Promoter holding fell by 9.69 percentage points in a year, to 73.93% (2026-09-30).
- Operating cash flow was below net profit in 0 of the last 3 years.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 21% of net profit in the last 12 months.
- Dividend paid in 2 of the last 3 financial years.
- Price ₹317.45 on 2026-10-26: -15.5% from the 52-week high, +36.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,001 | 1,182 | 1,283 | 1,224 | 1,266 | 1,350 | 1,522 | 1,445 |
| EBITDA | 521 | 586 | 641 | 581 | 610 | 636 | 697 | 674 |
| OPM % | 52.0% | 49.6% | 49.9% | 47.5% | 48.2% | 47.2% | 45.8% | 46.6% |
| Other income | 87 | 83 | 89 | 90 | 107 | 60 | 90 | 57 |
| Net profit | 372 | 330 | 509 | 385 | 361 | 359 | 418 | 347 |
| EPS (₹) | 1.80 | 1.59 | 2.46 | 1.85 | 1.74 | 1.72 | 2.01 | 1.65 |
| Revenue YoY | +26.4% | +14.2% | +18.6% | +18.1% | ||||
| Profit YoY | -2.8% | +8.9% | -17.9% | -9.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 3,763 | 4,476 | 5,361 | 5,582 |
| EBITDA | 1,965 | 2,262 | 2,524 | 2,617 |
| Net profit | 1,156 | 1,503 | 1,523 | 1,485 |
| EPS (₹) | 6.01 | 7.27 | 7.32 | 7.12 |
| Revenue growth | +19.0% | +19.8% | +19.0% | |
| Profit growth | +30.0% | +1.3% | -6.9% | |
| Dividend / share (₹) | – | 0.55 | 0.80 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +19.0% |
| Net profit | – | – | -6.9% |
| EPS | – | – | – |
| Share price | – | +1.7% (2y) | +7.5% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 8,026 | 9,697 | 10,878 |
| Borrowings | 4,381 | 4,659 | 6,410 |
| Cash & equivalents | 4,310 | 2,642 | 2,320 |
| Total assets | 13,828 | 16,928 | 20,358 |
| Fixed assets | 5,113 | 6,813 | 7,395 |
| Capital work in progress | 109 | 1,859 | 3,147 |
| Investments | 25 | 23 | 23 |
| Receivables | 677 | 809 | 1,058 |
| Inventory | 112 | 134 | 147 |
| Payables | 356 | 349 | 374 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | 1,803 | 2,100 | 2,022 |
| Cash from investing | -4,202 | -1,691 | -2,062 |
| Cash from financing | 2,504 | -521 | 227 |
| Capex | 249 | 2,076 | 2,492 |
| Free cash flow | 1,554 | 25 | -470 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 14.4% | 15.5% | 14.0% |
| ROCE % | 14.5% | 14.4% | 13.0% |
| Debtor days | 66 | 66 | 72 |
| Inventory days | 11 | 11 | 10 |
| Payable days | 35 | 28 | 25 |
| Cash conversion cycle (days) | 42 | 49 | 57 |
| Working capital days | 452 | 226 | 168 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 73.93% |
| FIIs | 12.48% |
| DIIs | 8.51% |
| of which Mutual funds | 8.03% |
| of which Insurance | 0.35% |
| Government | 0.00% |
| Public (non-institutions) | 4.91% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 85.62% | 83.62% | 83.62% | 83.62% | 83.62% | 73.93% | 73.93% | 73.93% |
| Promoter group | % |
|---|---|
| Sajjan Jindal , Sangita Jindal (Trustees of Sajjan Jindal Family Trust) | 69.52% |
| JSL Limited | 2.20% |
| Siddeshwari Tradex Private Limited | 2.20% |
| Sajjan Jindal | 0.00% |
| Sangita Jindal | 0.00% |
| Savitri Devi Jindal | 0.00% |
| Naveen Jindal | 0.00% |
| Prithvi Raj Jindal | 0.00% |
| Ratan Jindal | 0.00% |
| Nirmala Goel | 0.00% |
| Saroj Bhartia | 0.00% |
| Seema Jindal | 0.00% |
| Urmila Bhuwalka | 0.00% |
| Sarika Jhunjhunwala | 0.00% |
| Parth Jindal | 0.00% |
| Public holders above 1% | % |
|---|---|
| HDFC Mutual Fund - HDFC Focused Fund | 2.37% |
| SBI Nifty Midcap 150 ETF | 2.11% |
| Fidelity Advisor International Capital Appriciatio | 2.11% |
| Government of Singapore | 1.62% |
4,10,923 shareholders. Pledged: – of promoter shares.
Peers in Port & Port services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ADANIPORTS | ₹4,03,767 cr | 29.9x | 4.2x | 13.9% | 13.5% | 58.6% | +22.9% | 0.38% |
| JSWINFRA | ₹73,760 cr | 44.6x | 6.8x | 14.4% | 13.3% | 46.9% | – | 0.23% |
| GPPL | ₹7,647 cr | 13.7x | 3.2x | 23.6% | 30.8% | 64.1% | +8.1% | 6.07% |
| ATL | ₹627 cr | 15.5x | 1.8x | 13.4% | 30.5% | 20.4% | – | – |
| STARLOG | ₹53 cr | 4.5x | 0.8x | -18.9% | -16.6% | -75.4% | +7.2% | – |
| VMS | ₹26 cr | 9.9x | 0.3x | 1.5% | 4.6% | -0.3% | +3.9% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Port Operation | ₹4,647 cr | 86.7% | ₹1,978 cr | 42.6% |
| Logistic Operation | ₹714 cr | 13.3% | ₹82 cr | 11.6% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-18 | Dividend | Dividend - Re 0.90 Per Share |
| 2025-07-01 | Dividend | Dividend - Re 0.80 Per Share |
| 2024-07-19 | Dividend | Dividend - Re 0.55 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Transport and Storage: Services incidental to land water and air transportation
| Sector | Services |
| Industry | Port & Port services |
| Sub-industry | Port & Port services |
| Symbol | JSWINFRA |
| BSE code | 543994 |
| ISIN | INE880J01026 |
| Face value | ₹2.0 |
| Incorporated | 2006-04-21 |
| Website | www.jswinfrastructure.in |
| Plants (India / abroad) | 10 / 1 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.