J

JSW Infrastructure Limited

JSWINFRANSE
Market snapshot · 2026-08-12 18:44 UTC

346.60

+₹4.75 (+1.39%)

MARKET CAP

₹80.24K Cr

STOCK P/E

49.0x

52W HIGH

₹355.80

52W LOW

₹233.42

BOOK VALUE

₹52.17

EPS

₹7.08

ROE

SECTOR

Industrials

DEBT/EQUITY

59.00

VOLUME

84.18L

P/B RATIO

6.64x

PEG RATIO

-4.75

Sector

Industrials

Themes

PortsJindal GroupGovernment of Singapore Portfolio
D
Dividend
E
Earnings
₹342.15₹316.74₹291.34₹265.93₹240.52VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

JSW Infrastructure is an infrastructure company operating commercial ports and logistics services in India and internationally. Port Operations drives revenue through port development, terminal services, cargo handling, storage, and value-added infrastructure. Logistics Operations adds transportation and related logistics services. Revenue grew 19% year-on-year, but profit increased only 1.3%, indicating margin pressure despite recent post-results share-price gains. ROE is unavailable, while declining margins and 59x debt-to-equity indicate extreme leverage, which can magnify financial costs and distort shareholder returns. The earnings conversion gap raises questions about operating efficiency and debt sustainability. At 49x earnings, the stock appears rich relative to 19% revenue growth and 1.3% profit growth. Valuation leaves limited room for execution setbacks, particularly if margins remain compressed or leverage increases.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for JSWINFRA.

17.00 analysts

Price Forecast

Current
₹346.60
High Target
₹410.00
▲ +18.3%
Median Target
₹373.00
▲ +7.6%
Low Target
₹310.00
▼ -10.6%
Now₹346.60High ₹410.00Median ₹373.00Low ₹310.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
17 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹287.51 - ₹428.8380%
6M₹268.12 - ₹471.9480%
12M₹244.77 - ₹544.5280%
Realized vol: +31.2% · Drift: +10.1%

Revenue Forecast

₹ Cr
Jun '26Current₹164.0
Sep 2026 ETrend estimate range
High₹190.3Base₹176.2Low₹162.1
Sep '25: ₹143.0 · Dec '25: ₹164.0 · Mar '26: ₹154.0 · Jun '26: ₹164.0 · Sep '26: ₹176.2 · Dec '26: ₹202.1
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E143.0164.0154.0164.0176.2202.1
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹0.32
Sep 2026 ETrend estimate range
High₹0.45Base₹0.40Low₹0.35
Sep '25: ₹0.57 · Dec '25: ₹0.15 · Mar '26: ₹-0.27 · Jun '26: ₹0.32 · Sep '26: ₹0.40 · Dec '26: ₹0.11
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E0.570.15-0.270.320.400.11
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
59%
Analyst Consensus
Unavailable

From 17 analysts

Mean upside+8.2%

Fundamentals

Moderate

Fundamentals institutional score is 56 using growth durability 55.6.

Valuation

Fairly valued

Valuation institutional score is 52 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 57 using mean target upside 8.2%; dispersion penalty 10.7; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 70 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 3 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. technical structure provide support, while valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Fairly valuedAnalyst Consensus NeutralTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price374.9 target
Mean Upside+8.2%
Technical Score70%
Fundamental Score56%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 22.0% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +1.64). Confidence: 85%.

Live forward EPS implies next-12-month EPS of ₹11.21. Applying the stock's normalized valuation corridor produces a fair range of ₹404.46 to ₹490.33, with base value near ₹449.63 (+29.7% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹11.21

Forward P/E

30.9x

Base Fair Value

₹449.63

Fair Range

₹404.46 - ₹490.33

Upside To Base

+29.7%

Estimate Source

Live forward EPS

Growth Estimate

-10.3%

P/E
Strongly Overvalued

5Y Average

40.28

Current

48.95

Overvalued

43.74

Undervalued

36.08

EV/EBITDA
Strongly Overvalued

5Y Average

23.73

Current

28.83

Overvalued

26.12

Undervalued

21.25

P/B
Undervalued

5Y Average

6.69

Current

6.64

Overvalued

7.69

Undervalued

5.68

Peers & Comparison

Sector: Industrials · Theme: Ports

Ports Peers8 peers
Avg P/E: 46.6x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
ADANI PORT & SEZ LTD
ADANIPORTSPorts
+18.6%32.4%
28.4x
Undervalued
-39% vs avg
+26.4%
EICHER MOTORS LTD
EICHERMOTTrucks & Buses
+31.5%23.2%
38.3x
Undervalued
-18% vs avg
+40.0%
JINDAL SAW LIMITED
JINDALSAWBuilding Products - Pipes
+9.0%3.6%
26.3x
Undervalued
-44% vs avg
+34.6%
CRAFTSMAN AUTOMATION LTD
CRAFTSMANIndustrial Machinery
+36.3%5.3%
54.3x
Premium
+17% vs avg
+46.8%
ASHOK LEYLAND LTD
ASHOKLEYTrucks & Buses
+17.4%6.2%
29.9x
Undervalued
-36% vs avg
+46.0%
TRIVENI TURBINE LIMITED
TRITURBINEHeavy Electrical Equipments
+26.9%14.9%
55.5x
Premium
+19% vs avg
+16.1%
DATA PATTERNS INDIA LTD
DATAPATTNSAerospace & Defense Equipments
+16.8%28.5%
93.8x
Premium
+101% vs avg
+75.2%
+6.2%3.8%
-11.5%
WHY THESE PEERS

JSW INFRASTRUCTURE LTD trades in line with peers (49.0x vs avg 46.6x), reflecting a fair valuation within the Ports cohort. Peers include ADANI PORT & SEZ LTD, EICHER MOTORS LTD, JINDAL SAW LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹164 CrJun 2026

Latest net profit

₹75 CrJun 2026

Latest EPS

₹0.32Jun 2026

Net margin

44.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%15.0%30.0%45.0%60.0%-60 Cr0.00 Cr60 Cr120 Cr180 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr45 Cr90 Cr135 Cr180 Cr₹-0₹0₹0₹1₹1
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr45 Cr90 Cr135 Cr180 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-3.50K Cr0.00 Cr3.50K Cr7.00K Cr10.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +126120142146141127124128140143164154164
Expenses +7875859382897691829110410392
Operating Profit48455754583849375852595171
OPM %38%37%40%37%41%30%39%29%41%36%36%33%44%
Other Income +7879128132140238154133952607915278
Interest429056645768147766720410325158
Depreciation0000000111211
Profit before tax843312912114120755938410734-5090
Tax %21%31%27%14%31%44%-68%9%14%-11%6%14%17%
Net Profit +6623941059711693857311932-5775
EPS in Rs0.350.110.450.500.460.550.440.400.350.570.15-0.270.32
Raw PDF
YOY Sales Growth %9.28%6.08%0.16%11.57%5.80%-12.33%-12.63%-0.41%12.74%31.36%20.50%16.79%
Employee Cost %14.66%16.47%16.10%14.08%4.98%12.91%9.82%8.89%4.65%8.78%6.15%9.71%4.02%
Exceptional items0000000000-2-10
Other income normal7879128132140238154133952608115378
Exceptional items AT0000000000-1-10
Profit excl Excep6623941059711693857311934-5675
Profit for PE6623941059711693857311934-5675
Profit for EPS6623941059711693857311932-5775
YOY Profit Growth %192%176%1%47%411%-1%-19%-25%2%-64%-166%3%

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters85.62%83.62%83.62%83.62%83.62%
FII4.74%6.61%7.27%7.10%6.89%
DII3.96%3.81%3.46%2.95%3.17%
Public4.59%4.87%4.60%5.16%5.17%
Others1.09%1.09%1.05%1.17%1.15%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 10, 2026PDFCompany Reports Open

Announcement Under Regulation 30-Intimation Of Grant Of Options

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Aug 05, 2026PDFCompany Reports Open

REC

Aug 2026recordingjswin.s3.ap-south-1.amazonaws.com Open