Mar'25 View on JSW Infrastructure Ltd

JSW Infrastructure Limited provides maritime-related services including, cargo handling, storage solutions, and logistics services. Leading Port Operator JSW Infrastructure, a part of JSW Group, is the second largest commercial port operator in India in terms of cargo handling capacity. Co. also operates two port terminals under O&M. After making low of 225, the stock has made a strong rebound to 320 level and looks ot scal epast its previous high of 260 on back of following news • Margin improvement sequentially with normalcy of volume at higher margin ports. • JSW Infra intends to increase its port capacity 2.4X by end of the decade. • JSWINFRA reported an in-line EBITDA print. • We expect EPS to grow by 16.9% in FY26E & by 11.1% in FY27E. • Stock is currently trading at 31.6x P/E FY27E earnings.