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JSW Infrastructure Ltd

NSE: JSWINFRA BSE: 543994Infra

JSW Infrastructure Limited provides maritime-related services including, cargo handling, storage solutions, and logistics services.[1]

269
52W: ₹233 — ₹349
PE 332 · Book ₹24.6 · +993% vs book
Market Cap₹56,469 Cr
Stock P/E332Price to Earnings
ROCE8.79%Return on Capital
ROE3.3%Return on Equity
Div. Yield0.3%Face Value ₹2

Strengths

  • +Company has been maintaining a healthy dividend payout of 64.6%

Weaknesses

  • Stock is trading at 10.8 times its book value
  • Company has low interest coverage ratio.
  • Tax rate seems low
  • Company has a low return on equity of 5.99% over last 3 years.
  • Earnings include an other income of Rs.586 Cr.

Shareholding Pattern

Promoters83.61%
FIIs6.92%
DIIs2.43%
Public6.33%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters85.61%85.61%85.61%85.61%83.61%2.083.61%83.61%83.61%
FIIs4.15%4.2%0.04.07%0.14.75%0.76.64%1.97.3%0.77.13%0.26.92%0.2
DIIs2.74%2.5%0.22.73%0.22.69%0.02.82%0.12.54%0.32.17%0.42.43%0.3
Public5.79%6.32%0.56.3%0.05.67%0.65.98%0.35.63%0.46.33%0.76.33%

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales142146141127124128140143164154
Expenses8593828976918291104103
Operating Profit57545838493758525951
OPM %40%37%41%30%39%29%41%36%36%33%
Net Profit941059711693857311932-57
EPS ₹0.450.50.460.550.440.40.350.570.15-0.27

AI Insights

Revenue Trend

Mar 2026 revenue at ₹601Cr, up 15.6% YoY. OPM at 37%.

Debt Position

Borrowings at ₹4,560Cr. Debt-to-equity ratio: 0.96x. Moderate leverage.

Capex Cycle

CWIP at ₹2,120Cr (972% of fixed assets). Significant capex underway — growth runway building.

Institutional Flow

DIIs: 2.43% (-1.70pp change). FIIs: 6.92% (+3.28pp change). Promoters hold 83.61%.

Margin & Efficiency

ROCE improving from 0% (Mar 2018) to 9% (Mar 2026). Working capital days: -130.

Valuation

PE 332x with 8.79% ROCE. Price is 993% above book value of ₹24.6. Dividend yield: 0.3%.

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