JSW Infrastructure Limited (JSWINFRA) AI Stock Analysis

• Market Cap: ₹513.75B
• Dividend Yield: 0.47%
• Average Volume (3M): 160.47K
• Price to Earnings (P/E): 41.3
• Beta (1Y): 1.45
• Revenue Growth: 22.40%
• EPS Growth: 25.69%
• Country: IN
• Employees: 1,392
• Sector: Services
• Sector Strength: N/A
• Industry: Integrated Freight & Logistics
• EPS (TTM): 1.70
• Shares Outstanding: 2,100,001,500
• 10 Day Avg. Volume: 114,890
• 30 Day Avg. Volume: 160,467
• PEG Ratio: 2.12
• Price to Book (P/B): 6.77
• Price to Sales (P/S): 14.66
• P/FCF Ratio: 2.64K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹370.00
• Price Target Upside: 34.28% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 7.19
• Revenue Forecast (FY): ₹53.62B

• Rating: 61 Neutral
• Price Target: ₹260.00 ▼(-5.64% Downside)
• Action: Reiterated Date: 11/19/25
• Date: Action: Reiterated 11/19/25

JSW Infrastructure Limited's overall stock score is primarily driven by its strong financial performance, which is offset by bearish technical indicators and a high valuation. The company's robust revenue and profit growth are positive, but the stock's current technical weakness and high P/E ratio suggest caution.

Positive Factors

Strong cash flow generation

Consistent positive free cash flow and strong operating cash conversion provide durable internal funding for terminal maintenance, selective capacity additions and debt servicing. Over 2-6 months this reduces refinancing dependence, supports capital allocation choices, and cushions cyclical revenue swings.

Consistent revenue and profit growth

Multi-year revenue and profit growth combined with robust gross and net margins signal scalable operations and pricing power in core port services. Sustained top-line expansion and margin durability support reinvestment in assets and improve long-term return on invested capital even through moderate industry cycles.

Strategic port and logistics role

Operating critical port and terminal infrastructure creates high entry barriers and long-term customer linkages. JSW's integrated terminal and logistics capabilities anchor industrial supply chains, enabling stable, contractable revenue streams and strategic positioning that persist beyond short-term demand fluctuations.

Negative Factors

Moderate leverage exposure

A moderate debt burden limits financial flexibility and raises sensitivity to interest rate or cash-flow shocks. If cargo volumes soften or capex needs rise, debt servicing could constrain discretionary investment, force cost-cutting or require higher-cost refinancing, affecting growth execution.

Revenue tied to cargo volumes

Structural dependence on cargo volumes and utilization exposes earnings to global trade cycles, commodity flows and industrial demand shifts. Prolonged declines in volumes can underutilize fixed infrastructure, compress margins and weaken cash flow, creating persistent headwinds to profitability.

Limited shareholder income yield

A low dividend yield constrains appeal to income-focused investors and reduces passive downside support during market stress. Over the medium term, this makes total shareholder returns more reliant on operational growth rather than cash distributions, potentially narrowing the investor base.

JSW Infrastructure Limited Business Overview & Revenue Model

Company Description

JSW Infrastructure Limited, an infrastructure development company, operates commercial ports in India. The company's activities include developing, operating, and maintaining port services; ports related infrastructure development activities; and developing infrastructure projects. It also provides maritime related services, including cargo handling, storage, logistics, and other value-added services. It also operates and manages ports and port terminals. JSW Infrastructure Limited was formerly known as JSW Infrastructure & Logistics Limited and changed its name to JSW Infrastructure Limited on March 25, 2008. The company was incorporated in 2006 and is based in Mumbai, India. JSW Infrastructure Limited operates as a subsidiary of Sajjan Jindal Family Trust.

How the Company Makes Money

JSW Infrastructure Limited generates revenue through multiple streams primarily linked to its port and terminal operations. The key revenue sources include cargo handling fees, storage charges, and terminal services fees, which are levied on shipping lines and customers for using their facilities. Additionally, the company engages in long-term contracts with major shipping companies and industries, securing stable income through guaranteed volumes. JSWINFRA benefits from significant partnerships with global shipping lines and logistics providers, which enhance its operational capacity and market reach. The company's growth is also bolstered by its strategic investments in expanding port capacities and modernizing infrastructure, enabling it to handle diverse cargo types and increase throughput, thereby driving revenue growth.

JSW Infrastructure Limited Financial Statement Overview

Summary

JSW Infrastructure Limited exhibits strong financial performance with consistent revenue and profit growth, efficient operations, and solid cash flow management. The company maintains a manageable level of debt, which should be monitored to ensure long-term financial health.

Income Statement

JSW Infrastructure Limited has demonstrated strong revenue growth with a consistent increase over the past five years. The company has maintained high gross and net profit margins, indicating strong profitability. EBIT and EBITDA margins also show robust operational efficiency, contributing positively to the company's financial health.

Balance Sheet

The balance sheet reflects a healthy financial position with a stable equity ratio and a moderate debt-to-equity ratio. The company has shown strong return on equity, which suggests efficient use of shareholder funds. However, the level of debt, although manageable, could pose a risk if not monitored closely.

Cash Flow

The company has shown strong cash flow performance with positive free cash flow growth and a healthy operating cash flow to net income ratio. The free cash flow to net income ratio indicates a good conversion of earnings to cash, which supports financial stability and investment capabilities.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	49.54B	44.76B	37.63B	31.55B	22.47B	15.78B
Gross Profit	36.10B	36.89B	30.42B	19.81B	15.55B	10.65B
EBITDA	23.24B	26.89B	21.91B	14.71B	10.39B	9.08B
Net Income	15.85B	15.03B	11.56B	7.40B	3.28B	2.91B
Balance Sheet
Total Assets	177.02B	169.28B	138.28B	94.51B	94.29B	82.55B
Cash, Cash Equivalents and Short-Term Investments	23.26B	27.84B	41.89B	19.26B	10.26B	2.55B
Total Debt	53.14B	50.42B	47.58B	45.68B	47.40B	41.94B
Total Liabilities	66.94B	64.40B	55.97B	53.62B	59.58B	51.66B
Stockholders Equity	102.04B	96.97B	80.26B	39.95B	32.72B	28.91B
Cash Flow
Free Cash Flow	4.09B	248.70M	15.54B	15.18B	6.67B	-7.32B
Operating Cash Flow	13.11B	21.00B	18.03B	17.97B	11.76B	9.90B
Investing Cash Flow	-10.01B	-16.97B	-42.05B	-8.83B	-8.01B	-16.37B
Financing Cash Flow	-3.16B	-5.21B	25.04B	-8.25B	25.53M	6.41B

JSW Infrastructure Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 275.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JSWINFRA, the sentiment is Negative. The current price of 275.55 is above the 20-day moving average (MA) of 256.49, above the 50-day MA of 261.09, and below the 200-day MA of 289.67, indicating a bearish trend. The MACD of -1.75 indicates Positive momentum. The RSI at 45.56 is Neutral, neither overbought nor oversold. The STOCH value of 35.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JSWINFRA.

JSW Infrastructure Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IRB	71 Outperform	₹250.68B	30.12	―	0.56%	-1.42%	968.58%
SCI	70 Outperform	₹108.69B	6.66	―	4.43%	-7.39%	-21.53%
CONCOR	66 Neutral	₹340.79B	29.93	―	2.34%	0.87%	3.19%
JSWINFRA	61 Neutral	₹513.75B	41.33	―	0.47%	22.40%	25.69%
AEGISLOG	58 Neutral	₹214.58B	35.61	―	1.09%	5.14%	22.78%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
QUESS	55 Neutral	₹26.48B	13.93	―	4.70%	-16.43%	-75.38%

JSW Infrastructure Limited Corporate Events

JSW Infrastructure Reports Drone Debris Damage at Fujairah Storage Tank

JSW Infrastructure has reported that one of its fifteen storage tanks at the Fujairah Liquid Terminal was damaged after debris from an intercepted drone fell within the facility, prompting an immediate emergency response. Authorities and onsite safety teams contained the situation, with no injuries reported, all other tanks secured, and insurance coverage in place while a technical assessment determines the restoration plan.

The company emphasized that the incident has been fully controlled and that operational safety protocols functioned as designed, limiting the impact to a single tank. JSW Infrastructure indicated it will disclose further updates on structural evaluations and repair timelines in line with regulatory requirements, a move aimed at providing clarity to investors and other stakeholders on any potential operational or financial implications.

JSW Infrastructure completes dispatch of postal ballot notice, publishes shareholder ads

JSW Infrastructure Limited has notified stock exchanges that it has completed dispatch of a postal ballot notice to its shareholders and has published related advertisements in national and regional newspapers. The move underscores the company’s adherence to SEBI’s disclosure norms and signals that a shareholder approval process on certain corporate matters is formally underway, ensuring transparency and regulatory compliance for investors.

The company’s communication to BSE, NSE and India INX highlights that all requisite information about the postal ballot has been circulated and made publicly accessible. This step helps reinforce investor confidence by demonstrating robust governance practices and timely disclosure around shareholder decision-making processes.

JSW Infrastructure Subsidiary Finalises Rail Logistics Acquisitions

The company announced that subsidiary JSW Port Logistics has completed the purchase of JSW Rail Infra Logistics, JSW Minerals Rail Logistics and JSW (South) Rail Logistics, making them step-down wholly owned subsidiaries as shares were transferred on 3 February 2026. Consolidating these rail logistics entities is expected to streamline intra-group cargo handling and reinforce JSW Infrastructure’s control over port-to-hinterland connections, potentially improving operational coordination and positioning the firm to capture more integrated logistics opportunities.

JSW Infrastructure Posts Q3 FY26 Earnings Call Transcript Online in Line With Disclosure Norms

JSW Infrastructure Limited has notified stock exchanges that the transcript of its Q3 FY26 earnings conference call, held on 16 January 2026, has been made available on the company’s website in compliance with Indian listing regulations. The disclosure enhances transparency for investors and analysts by providing detailed access to management’s commentary on quarterly performance and outlook, reinforcing the company’s adherence to corporate governance and continuous disclosure standards.