JSW Infrastructure Limited

BSE: JSWINFRA543994ISIN INE880J01026

Services
Port & Port services
BSE 200

Share price

₹345.75+19.65 (+6.03%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹375.25
52W low: ₹233.45
Off 52W high: -7.86%
1M return: -3.96%
3M return: +3.36%
6M return: +26.60%
1Y return: +19.33%
20D avg volume: 2,53,869
50 DMA: ₹338.46
200 DMA: ₹298.48

Key ratios Consolidated

Market cap: ₹80,560 Cr
Current price: ₹345.75
52W high / low: ₹375.25 / ₹233.45
Face value: ₹2.00
P/E: 54.64
P/B: 4.47
EPS (TTM): ₹6.33
Book value / share: ₹77.40
ROE: —
ROCE: 12.30%
Operating margin: —
Net margin: —
Debt / equity: 0.55
Net debt: ₹5,612 Cr
Interest cover: 5.89
Dividend yield: 0.26%
Dividend / share (TTM): ₹0.90
Payout: 14.22%
Cash conversion cycle: 56.5 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,481	1,445	1,522	1,350	1,266	1,224	1,283	1,182	1,001	1,010	1,096	940.11
	188.55	56.80	89.66	59.72	106.72	89.85	88.72	83.48	86.83	93.92	103.92	78.19
	1,669	1,502	1,612	1,409	1,372	1,314	1,372	1,265	1,088	1,104	1,200	1,018
	1,238	1,039	1,042	962.97	909.02	841.14	790.55	989.40	534.25	712.05	782.93	711.25
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	58.27	56.35	70.74	56.23	58.78	52.94	60.93	63.05	60.39	56.28	71.79	69.46
	256.77	102.05	130.38	93.03	104.59	54.99	7.82	256.01	80.43	82.34	134.08	143.45
	175.08	165.79	158.16	163.98	148.52	143.46	140.47	137.64	133.86	134.58	133.65	107.58
	748.22	714.65	682.41	649.73	597.13	589.75	581.33	60.34	50.22	43.44	57.78	33.03
	431.13	462.79	570.31	446.41	463.29	472.56	581.35	275.91	553.94	391.64	417.37	307.05
	0.00	0.00	-72.49	-7.24	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	431.13	462.79	497.82	439.17	463.29	472.56	581.35	275.91	553.94	391.64	417.37	307.05
	102.90	105.19	74.15	74.32	94.48	82.99	65.77	59.71	180.21	95.09	88.29	53.48
	328.23	357.60	423.67	364.85	368.81	389.57	515.58	335.62	373.73	296.55	329.08	253.57
	1.35	1.65	2.01	1.72	1.74	1.85	2.46	1.59	1.80	1.42	1.62	1.20
Key metrics
	862.98	730.63	786.36	696.18	716.40	671.01	729.64	669.56	768.23	608.56	685.10	558.08
	58.30%	50.60%	51.70%	51.60%	56.60%	54.80%	56.90%	56.70%	76.70%	60.30%	62.50%	59.40%
	22.20%	24.80%	27.80%	27.00%	29.10%	31.80%	40.20%	28.40%	37.30%	29.40%	30.00%	27.00%
	2.60%	—	3.40%	—	3.50%	—	3.80%	—	—	—	—	—
	17.00%	18.10%	18.60%	14.20%	26.40%	21.20%	17.00%	25.70%	—	—	—	—
	-11.00%	-8.20%	-17.80%	8.70%	-1.30%	31.40%	56.70%	32.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	5,798	5,361	4,476	3,763
	394.73	345.95	352.95	269.41
	6,192	5,707	4,829	4,032
	4,282	3,755	3,026	2,567
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	241.59	238.69	240.65	284.64
	582.23	382.99	265.74	332.46
	663.01	614.12	546.55	436.48
	2,795	2,519	1,973	154.96
	1,911	1,953	1,803	1,465
	-79.73	-79.73	0.00	0.00
	1,831	1,873	1,803	1,465
	356.56	325.94	281.36	304.34
	1,474	1,547	1,521	1,161
	6.73	7.32	7.27	6.01
Key metrics
	3,076	2,870	2,615	2,234
	53.06%	53.50%	58.40%	59.40%
	25.43%	28.90%	34.00%	30.80%
	—	12.30%	13.30%	—
	17.02%	19.80%	19.00%	—
	-8.40%	1.70%	31.10%	—
	—	-470.14	24.87	—
	—	1.31	1.38	—
	—	0.55	0.44	—
	—	5,612	4,048	—
	—	56.5	48.4	—
Balance sheet
	—	20,358	16,928	—
	—	4,410	4,139	—
	—	797.75	611.25	—
	—	1,058	809.03	—
	—	147.33	133.80	—
	—	711.77	411.89	—
	—	7,395	6,813	—
	—	374.49	349.36	—
	—	1,948	1,372	—
	—	6,410	4,659	—
	—	458.19	219.82	—
	—	5,952	4,439	—
	—	11,693	10,489	—
Cash flow
	—	2,022	2,100	—
	—	-2,062	-1,691	—
	—	227.15	-521.34	—
	—	2,492	2,076	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	163.86	163.59	154.15	163.53	143.03	140.07	127.93	124.49	126.87	140.64	146.42	142.00
	376.18	78.21	152.80	80.85	260.25	95.26	132.71	153.53	237.77	139.92	132.12	127.89
	540.04	241.80	306.95	244.38	403.28	235.33	260.64	278.02	364.64	280.56	278.54	269.89
	226.02	151.45	355.32	208.44	296.07	150.83	167.53	222.82	157.55	139.92	157.14	141.20
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	9.92	6.57	14.97	10.05	12.56	6.51	11.37	12.22	16.38	7.01	20.61	22.86
	118.50	57.94	250.65	102.71	203.72	67.29	75.55	146.86	67.79	57.10	64.11	56.09
	1.60	1.35	1.40	1.69	1.46	1.43	1.37	0.42	0.43	0.43	0.47	0.45
	96.00	85.59	88.30	93.99	78.33	75.60	79.24	13.07	10.64	6.23	12.38	6.02
	314.02	90.35	-48.37	35.94	107.21	84.50	93.11	55.20	207.09	140.64	121.40	128.69
	0.00	0.00	-1.25	-1.69	0.00	0.00	0.00	—	—	—	—	—
	314.02	90.35	-49.62	34.25	107.21	84.50	93.11	55.20	207.09	140.64	121.40	128.69
	34.89	15.18	7.00	1.98	11.81	11.55	8.25	37.80	90.90	43.30	16.70	34.96
	279.13	75.17	-56.62	32.27	119.02	72.95	84.86	93.00	116.19	97.34	104.70	93.73
	1.24	0.36	-0.11	0.16	0.57	0.35	0.41	0.44	0.57	0.47	0.50	0.48
Key metrics
	434.12	149.64	202.43	138.65	312.39	153.22	170.03	202.48	275.31	198.17	185.98	185.23
	264.90%	91.50%	131.30%	84.80%	218.40%	109.40%	132.90%	162.60%	217.00%	140.90%	127.00%	130.40%
	170.30%	46.00%	-36.70%	19.70%	83.20%	52.10%	66.30%	74.70%	91.60%	69.20%	71.50%	66.00%
	2.60%	—	2.10%	—	3.50%	—	2.00%	—	—	—	—	—
	14.60%	16.80%	20.50%	31.40%	12.70%	-0.40%	-12.60%	-12.30%	—	—	—	—
	134.50%	3.00%	-166.70%	-65.30%	2.40%	-25.10%	-18.90%	-0.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	645.13	600.78	519.93	534.38
	688.04	589.15	663.93	416.46
	1,333	1,190	1,184	950.84
	941.23	1,011	687.82	583.79
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	41.51	44.10	46.98	81.69
	529.80	624.36	347.30	252.16
	6.04	5.98	2.65	1.72
	363.88	336.23	290.89	29.74
	391.94	179.26	496.04	367.05
	-2.94	-2.95	0.00	—
	389.00	176.31	496.04	367.05
	59.05	8.71	104.65	79.84
	329.95	167.60	391.39	287.21
	1.65	0.81	1.89	1.49
Key metrics
	924.84	806.65	845.99	620.93
	143.36%	134.30%	162.70%	116.20%
	51.14%	27.90%	75.30%	53.70%
	—	8.30%	9.80%	—
	20.47%	15.60%	-2.70%	—
	-10.78%	-57.20%	36.30%	—
	—	-733.12	-1,167	—
	—	-1.06	0.43	—
	—	0.87	0.66	—
	—	4,339	3,282	—
	—	38.8	34.5	—
Balance sheet
	—	10,363	9,193	—
	—	1,691	1,992	—
	—	160.27	121.80	—
	—	102.35	80.42	—
	—	1.66	1.31	—
	—	309.47	217.33	—
	—	217.47	151.03	—
	—	40.13	32.69	—
	—	718.18	628.38	—
	—	4,499	3,404	—
	—	123.83	0.00	—
	—	4,376	3,404	—
	—	5,174	5,145	—
Cash flow
	—	-177.93	168.16	—
	—	-97.03	138.84	—
	—	313.43	-476.61	—
	—	555.19	1,335	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +20.47%
Profit YoY (TTM): -10.78%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +17.02%
Profit YoY (TTM): -8.40%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 73.92%

Quarter	September 2026	June 2026
Promoter %	73.92%	73.92%

Holder	Type	Holding	Previous	Change
Sajjan Jindal , Sangita Jindal (Trustees of Sajjan Jindal Family Trust)	Promoter	69.52%	69.52%	0.00%
HDFC MUTUAL FUND - HDFC FOCUSED FUND	Public	2.37%	—	—
JSL Limited	Promoter Group	2.20%	2.20%	0.00%
Siddeshwari Tradex Private Limited	Promoter Group	2.20%	2.20%	0.00%
SBI NIFTY MIDCAP 150 ETF	Public	2.11%	—	—
FIDELITY ADVISOR INTERNATIONAL CAPITAL APPRICIATIO	Public	2.11%	1.97%	+0.14%
GOVERNMENT OF SINGAPORE	Public	1.62%	1.82%	-0.20%
FOREIGN INSTITUTIONAL INVESTORS	Public	0.02%	0.02%	0.00%
JSW Energy Limited	Promoter Group	0.00%	0.00%	0.00%
Sangita Jindal	Promoter Group	0.00%	0.00%	0.00%
JSW Investments Private Limited	Promoter Group	0.00%	0.00%	0.00%
Inspire Institute of Sports	Promoter Group	0.00%	0.00%	0.00%
JSW New Age Private Limited	Promoter Group	0.00%	0.00%	0.00%
Ambit Operations & Management Services Private Limited	Promoter Group	0.00%	0.00%	0.00%
Jindal Industries Private Limited	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Adani Ports and Special Economic Zone Ltd	4,39,388	1,907.10	32.11	11.40%	+22.62% TTM	+14.29% TTM	+32.04%
JSW Infrastructure Limited	80,560	345.75	54.64	12.30%	+17.02% TTM	-8.40% TTM	+19.33%
Gujarat Pipavav Port Limited	7,967	164.80	14.26	25.90%	+20.28% TTM	+15.50% TTM	+1.23%
Allcargo Terminals Limited	664	26.36	15.07	9.60%	+16.25% TTM	+71.57% TTM	—
Starlog Enterprises Limited	60	39.98	-4.92	-11.80%	-32.02% TTM	-151.24% TTM	-24.21%
VMS INDUSTRIES LIMITED S	42	16.97	27.82	6.10%	-17.14% TTM	-76.49% TTM	-47.00%

Filings & corporate actions

Recent announcements

Please find enclosed transcript of the earnings call30 Oct 2026 · Company Update / Analyst / Investor Meet
Please find enclosed the copy of newspaper publication.28 Oct 2026 · Company Update / Newspaper Publication
Audio Transcript27 Oct 2026 · Company Update / Analyst / Investor Meet
Monitoring agency report for the quarter ended 30th September 2026 is enclosed herewith27 Oct 2026 · Company Update / Monitoring Agency Report
Investor Presentation is enclosed herewith27 Oct 2026 · Company Update / Investor Presentation
Media Release on the financial results is enclosed herewith27 Oct 2026 · Company Update / Press Release / Media Release
Please refer enclosed file.27 Oct 2026 · Result / Financial Results
In continuation to our earlier letter dated 16th October, 2026, and pursuant to Regulation 30 and 33 of the Listing Regulations, we enclose herewith the Unaudited Standalone and Consolidated ....27 Oct 2026 · Board Meeting / Outcome of Board Meeting
Schedule of Q2FY27 Earnings Conference Call enclosed herewith16 Oct 2026 · Company Update / Analyst / Investor Meet
JSW Infrastructure Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2026 ,inter alia, to consider and approve the Unaudited Standalone ....16 Oct 2026 · Board Meeting / Board Meeting
Please find enclosed the disclosure.14 Oct 2026 · Company Update / General
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.6 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure for credit rating of the Company is enclosed herewith5 Oct 2026 · Company Update / Credit Rating
Intimation for Closure of Trading Window is enclosed herewith.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Credit rating assigned to one of the subsidiary company - JSW Jatadhar Marine Services Private Limited23 Sep 2026 · Company Update / Credit Rating
Revision in Credit rating of one of the subsidiary company - JSW Dharamtar Port Private Limited23 Sep 2026 · Company Update / Credit Rating
Revision in Credit rating of one of the subsidiary company-South West Port Limited23 Sep 2026 · Company Update / Credit Rating
Revision in the credit rating of one of the subsidiary company- JSW Jaigarh Port Limited.23 Sep 2026 · Company Update / Credit Rating
Credit rating of the Company by CARE Ratings Limited, is enclosed herewith.23 Sep 2026 · Company Update / Credit Rating
Letter of Intent for setting up of an Inland Container Depot at Village Kudathini, Ballari District, Karnataka11 Sep 2026 · Company Update / Award of Order / Receipt of Order
Acquisition of NCR Rail Infrastructure Limited on implementation of the Resolution Plan under the Insolvency and Bankruptcy Code, 201610 Sep 2026 · Company Update / Acquisition
As per the enclosed disclosure9 Sep 2026 · Company Update / Analyst / Investor Meet
Disclosure attached herewith31 Aug 2026 · Company Update / General
As per the enclosed disclosure27 Aug 2026 · Company Update / Analyst / Investor Meet
Update on Acquisition22 Aug 2026 · Company Update / Acquisition
As per the enclosed disclosure21 Aug 2026 · Company Update / Credit Rating
Voting Results and Consolidated Scrutiniser Report for the 20th Annual General Meeting held on 13th August, 2026.14 Aug 2026 · AGM/EGM / AGM
Proceeding of the 20th AGM is enclosed herewith13 Aug 2026 · AGM/EGM / AGM
As per the enclosed disclosure12 Aug 2026 · Company Update / General
As per the enclosed disclosure10 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation of grant of options7 Aug 2026 · Company Update / General
Investor Presentation is enclosed herewith5 Aug 2026 · Company Update / Investor Presentation
Call Transcript27 Jul 2026 · Company Update / Analyst / Investor Meet
Please refer disclosure attached herewith.23 Jul 2026 · Company Update / General
Newspaper Advertisement-Notice of 20th Annual General Meeting along with Information on e-voting23 Jul 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for FY 2025-26 is enclosed herewith.22 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of AGM to be held on 13th August 2026 is enclosed herewith22 Jul 2026 · AGM/EGM / AGM
Integrated Annual Report for the Financial Year 2025-26, including Notice of the 20th Annual General Meeting22 Jul 2026 · Others / Reg. 34 (1) Annual Report
As per the enclosed disclosure22 Jul 2026 · Company Update / Newspaper Publication
As per the enclosed disclosure21 Jul 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.9000	18 Jun 2026	18 Jun 2026	—
Final Dividend - Rs. - 0.8000	1 Jul 2025	1 Jul 2025	—
Final Dividend - Rs. - 0.5500	19 Jul 2024	19 Jul 2024	—

Board meetings

27 Oct 2026 Board Meeting - Financial Results
21 Jul 2026 Board Meeting - Financial Results