JSW Infrastructure Ltd (JSWINFRA) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 543994 | NSE: JSWINFRA | Port | Mid Cap

JSW Infrastructure Share Price

266.70 -1.80 -0.67%
as on 05-Dec'25 09:54

JSW Infrastructure Ltd (JSWINFRA) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 543994 | NSE: JSWINFRA | Port | Mid Cap

DeciZen - make an informed investing decision on JSW Infrastructure

Based on:

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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JSW Infrastructure stock performance -

Key Ratios
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P/E Ratio (CD):
35.57
Market Cap:
56,385 Cr.
52-wk low:
218.1
52-wk high:
349

Is JSW Infrastructure Ltd an attractive stock to invest in?


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10 Year X-Ray of JSW Infrastructure: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
JSW Infrastructure Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 16%15.9%13%9.9%9.7%10.3%11.7%17.7%17.4%16%-
Value Creation
Index
0.40.40.2-0.1-0.1-0.10.00.60.60.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7208889981,0801,1431,6042,2733,1953,7634,4764,954
Sales YoY Gr.-23.3%12.4%8.2%5.8%40.3%41.8%40.6%17.8%19%-
Adj EPS 1.31.61.51.411.51.84.15.66.77.6
YoY Gr.-25.8%-9.3%-1.4%-29.9%49.5%20.5%126.4%35%21%-
BVPS (₹) 910.814.415.813.915.517.420.937.845.948.6
Adj Net
Profit
2192722642611812713277411,1411,3951,586
Cash Flow from Ops. 2936166003282599901,1761,7971,8032,100-
Debt/CF from Ops. 3.82.62.96.31243.82.42.42.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 22.5%31.4%25.3%19%
Adj EPS 20.3%46.1%54.6%21%
BVPS19.9%27%38.3%21.4%
Share Price - - - -18.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
16.81611.89.56.71010.620.41915.816
Op. Profit
Mgn %
5657.659.149.254.250.448.850.852.350.548.8
Net Profit
Mgn %
32.132.527.824.616.416.514.523.530.531.632
Debt to
Equity
0.70.90.70.71.21.41.41.10.60.50.5
Working Cap
Days
321315336393482352236153117144144
Cash Conv.
Cycle
425313811134619-10-18295

Recent Performance Summary

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Latest Financials - JSW Infrastructure Ltd.

Standalone Consolidated
TTM EPS (₹) 1.8 7.6
TTM Sales (₹ Cr.) 536 4,954
BVPS (₹.) 24.7 48.6
Reserves (₹ Cr.) 4,768 9,788
P/BV 10.87 5.52
PE 152.46 35.57
From the Market
52 Week Low / High (₹) 218.10 / 348.95
All Time Low / High (₹) 141.75 / 361.00
Market Cap (₹ Cr.) 56,385
Equity (₹ Cr.) 420
Face Value (₹) 2
Industry PE 133.8

Management X-Ray of JSW Infrastructure:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of JSW Infrastructure - Consolidated Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

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No data found!

Key Ratios of JSW Infrastructure

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales7208889981,0801,1431,6042,2733,1953,7634,476
Operating Expenses 3173784105505247951,1641,5751,7982,218
Manufacturing Costs778792141157190257381436525
Material Costs0000000000
Employee Cost 4460576075111150230285241
Other Costs 1952312623502924947579631,0771,453
Operating Profit 4035105885306198081,1091,6201,9652,258
Operating Profit Margin (%) 56.0%57.4%58.9%49.1%54.2%50.4%48.8%50.7%52.2%50.4%
Other Income 46587710194107106178269431
Interest 10090130177277252420596332340
Depreciation 7482157171202271370391436547
Exceptional Items 0000000000
Profit Before Tax 2743963772842343934268111,4651,803
Tax 41859712381089661304281
Profit After Tax 2343102812721972853307501,1611,521
PAT Margin (%) 32.5%35.0%28.1%25.2%17.2%17.7%14.5%23.5%30.8%34.0%
Adjusted EPS (₹)1.31.71.51.51.11.61.84.15.67.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%10%11%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 1,5341,8272,5942,8602,5012,7923,1223,7527,7629,525
Share Capital 57566060606060360410415
Reserves 1,4771,7712,5332,8002,4412,7323,0623,3937,3529,111
Minority Interest14015719219720319720094205792
Debt9391,4881,6802,0002,7173,4814,3274,1634,2964,518
Long Term Debt8149431,3642,0002,6113,3904,0954,0954,2704,439
Short Term Debt125544316010690232682579
Trade Payables28391567205215275302356349
Others Liabilities 4585815537111,3011,3221,1577898831,285
Total Liabilities 3,0994,0915,1745,7756,9278,0089,0819,10013,50216,470

Fixed Assets

Gross Block2,0053,1073,7923,7384,6285,8447,3767,5159,73111,902
Accumulated Depreciation733065334816809201,2421,5401,9732,509
Net Fixed Assets 1,9322,8013,2583,2563,9484,9246,1345,9757,7579,393
CWIP 3743806338627521,12580461322,020
Investments 659528230376296283307244183
Inventories493450761259985102112134
Trade Receivables169199294390518482601402677809
Cash Equivalents 112453281021592651,0381,6324,0902,482
Others Assets 3985385838591,0488178596364891,449
Total Assets 3,0994,0915,1745,7756,9278,0089,0819,10013,50216,470

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 2936166003282599901,1761,7971,8032,100
PBT 2743963772842343934268111,4651,803
Adjustment 201242319363439480765972700567
Changes in Working Capital -142645-289-378183108195-1144
Tax Paid -41-85-102-30-36-66-122-181-248-274
Cash Flow From Investing Activity -313-1,052-1,098-495-379-1,637-801-883-4,205-1,697
Capex -303-1,040-938-551-659-1,593-507-269-248-2,075
Net Investments -42-30-1699221-76-348-523-2,2361,089
Others 3218847593153-90-1,721-712
Cash Flow From Financing Activity 893875401402266413-8252,504-521
Net Proceeds from Shares 00515000002,8000
Net Proceeds from Borrowing 4551539588355902252-337113-19
Interest Paid -83-88-119-122-216-225-362-273-248-306
Dividend Paid 000000000-116
Others 127425-395-32687-36113-215-161-80
Net Cash Flow 69-4941-27106-637790102-118

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)18.0818.4712.719.977.3310.7511.1721.820.1617.6
ROCE (%)16.0115.9113.019.939.6610.3311.6517.6817.4116.01
Asset Turnover Ratio0.270.250.220.20.180.210.270.350.330.3
PAT to CFO Conversion(x)1.251.992.141.211.313.473.562.41.551.38
Working Capital Days
Receivable Days62769011614511487575261
Inventory Days17171521322615111010
Payable Days0000000000

JSW Infrastructure Ltd Stock News

JSW Infrastructure Ltd FAQs

The current trading price of JSW Infrastructure on 05-Dec-2025 09:54 is ₹266.7.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of JSW Infrastructure stood at ₹56,385.
The latest P/E ratio of JSW Infrastructure as of 04-Dec-2025 is 152.5.
The latest P/B ratio of JSW Infrastructure as of 04-Dec-2025 is 10.87.
The 52-week high of JSW Infrastructure is ₹348.9 and the 52-week low is ₹218.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JSW Infrastructure is ₹535.5 ( Cr.) .

About JSW Infrastructure Ltd

The company was originally incorporated as “JSW Infrastructure & Logistics Limited” at Mumbai, Maharashtra as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated April 21, 2006 issued by the Registrar of Companies, Maharashtra at Mumbai (“RoC”). The company received a certificate of commencement of business on June 22, 2006 by the RoC. The name of the company was subsequently changed to “JSW Infrastructure Limited”, pursuant to a special resolution passed in the extra-ordinary general meeting of the Shareholders held on March 25, 2008, pursuant to which a fresh certificate of incorporation consequent upon change of name was issued by the RoC on April 2, 2008. 

The company is the fastest growing port-related infrastructure company in terms of growth in installed cargo handling capacity and cargo volumes handled during Fiscal 2021 to Fiscal 2023, and the second largest commercial port operator in India in terms of cargo handling capacity in Fiscal 2023. Its operations have expanded from one Port Concession at Mormugao, Goa that was acquired by the JSW Group in 2002 and commenced operations in 2004, to nine Port Concessions as of June 30, 2023 across India, making it a diversified maritime ports company. It provides maritime related services including, cargo handling, storage solutions, logistics services and other value-added services to its customers, and is evolving into an end-to-end logistics solutions provider. It develops and operate ports and port terminals pursuant to Port Concessions. Its ports and port terminals typically have long concession periods ranging between 30 to 50 years, providing it with long-term visibility of revenue streams. 

The company has a diversified presence across India with Non-Major Ports located in Maharashtra and port terminals located at Major Ports across the industrial regions of Goa and Karnataka on the west coast, and Odisha and Tamil Nadu on the east coast. Its Port Concessions are strategically located in close proximity to its JSW Group Customers (Related Parties) and it well connected to cargo origination and consumption points. This enables it to serve the industrial hinterlands of Maharashtra, Goa, Karnataka, Tamil Nadu, Andhra Pradesh and Telangana, and mineral rich belts of Chhattisgarh, Jharkhand and Odisha, making its ports a preferred option for its customers. In addition, it benefits from strong evacuation infrastructure at its ports and port terminals that comprises of multi-modal evacuation techniques, such as coastal movement through a dedicated fleet of mini-bulk carriers, rail, road network and conveyor systems.

Business area of the company

JSW Infrastructure provides maritime-related services including, cargo handling, storage solutions and logistics services. The company develop and operates ports and port terminals under Port Concessions.

Key awards, accreditations or recognitions

  • 2018: Awarded the “Bulk Port of the year” award at the Maritime and Logistics Awards, 2018.
  • 2018: Awarded the “CSR Excellence of the year 2018” award at the Gateway Awards, 2018.
  • 2020: JSW Jaigarh Port Limited awarded the ‘Golden Peacock Occupational Health and Safety Award –2020’.
  • 2021: Awarded as “Emerging Non Major Port of The Year” at Samudra Manthan Awards 2021.
  • 2021: JSW Jaigarh Port Limited won the Greentech Safety Award for Safety Excellence.
  • 2021: South West Port Limited won the Greentech Environment Award 2021.
  • 2022: Awarded “The ET Iconic Brand Award 2022”.
  • 2022: Awarded the “Best Finance Team of the Year” award in an industry event organised by UBS Forums.
  • 2022: Awarded “Best Multipurpose Port of the Year 2022”.
  • 2022: Awarded the Digital Business Innovation Award.
  • 2022: South West Port Limited was awarded the Greentech Environment Award 2022.
  • 2022: JSW Jaigarh Port Limited got certified as a “Premium member” of the British Safety Council.
  • 2022: JSW Jaigarh Port Limited received the “International Safety Award, 2022 – Merit” by the British Safety Council.
  • 2023: South West Port Limited was awarded for outstanding achievements in health and safety at the Greentech International EHS (environment health and safety) awards 2023.
  • 2023: Awarded the “Best Employer Brand Award” at National Best Employer Brands 2022 organised by Times Ascent.
  • 2023: Awarded the “Best Port Infrastructure of the year for Bulk Cargo Handling” award at the Construction Times Awards 2023 to our Company and JSW Jaigarh Port (Hub & Spoke Model).
  • 2023: JSW Jaigarh Port Limited was awarded the “Coastal Service Operator of the Year” at the Ports & Shipping Industry Congress & Awards, 2023.
  • 2023: JSW Jaigarh Port Limited was awarded the “Port/Terminal Operator of the Year Environment Protection and Green Initiative” at the Ports & Shipping Industry Congress & Awards, 2023.
  • 2023: JSW Jaigarh Port Limited was awarded the “Non – Major Port of the Year” at the Ports & Shipping Industry Congress & Awards, 2023. 

Major events and milestones

  • 2008: JSW Jaigarh Port Limited entered into a concession agreement dated June 24, 2008 with Maharashtra Maritime Board for common user multi-port at Dhamankhol Bay, Jaigarh, Ratnagiri, Maharashtra.
  • 2010: JSW Jaigarh Port Limited received consent to operate for an all weather green field port facility at Jaigarh Port, Maharashtra.
  • 2012: Commencement of operations by JSW Dharamtar Port Private Limited at Dharamtar jetty, Maharashtra.
  • 2015: JSW Paradip Terminal Private Limited entered into a concession agreement dated May 29, 2015 with Board of Trustees of Paradip Port for development of new iron ore berth for handling of iron ore exports.
  • 2015: Cape vessel handled at Jaigarh Port
  • 2016: Paradip East Quay Coal Terminal Private Limited entered into a concession agreement dated May 2, 2016 with Board of Trustees of Paradip Port Trust for mechanisation of EQ – 1, 2, 3 berths for handling of thermal coal exports at Paradip port, Odisha.
  • 2016: Entered into an agreement dated November 8, 2016 for operations and maintenance of berth 5 and berth 6 at the Fujairah Sea Port with Port of Fujairah (United Arab Emirates) for undertaking to achieve bulk cargo handling capacity of 24 metric tonne per annum.
  • 2019: Commissioned a liquified natural gas terminal at Jaigarh Port, Maharashtra.
  • 2020: JSW Mangalore Container Terminal Private Limited entered into a concession agreement dated January 27, 2020 with Board of Trustees for New Mangalore Port for mechanization of berth no. 14 for handling containers and other cargo at New Mangalore Port Trust.
  • 2020: Capacity of the Dharamtar jetty facility in Dolvi, Mahrashtra was enhanced from 9.69 to 34.00 metric tonne per annum with fully mechanized cargo handling system.
  • 2020: Acquired the Chettinad group’s terminal business to develop, operate, buy or bid for any terminal or berth for handling coal and general cargo and assuming the related operations at Ennore Coal Terminal Private Limited, Ennore Bulk Terminal Private Limited, and Mangalore Coal Terminal Private Limited.
  • 2021: Paradip East Quay Coal Terminal Private Limited commenced commercial operations at Paradip port, Odisha. 
  • 2022: JSW Mangalore Container Terminal Private Limited commenced commercial operations at berth no. 14 at New Mangalore port, Karnataka.
  • 2022: JSW Terminal (Middle East) FZE entered into an agreement dated November 29, 2022 with Port of Fujairah for operations and maintenance of a mechanized bulk handling terminal at Dibba Port, Fujairah (United Arab Emirates).
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