JSW Infrastructure Limited — PPTs, 10-02-2025: Investor Presentation

**Financial Highlights:**

In Q3 FY25, JSW Infrastructure reported total revenue of ₹1,265 Cr, reflecting a 24% increase YoY. EBITDA rose to ₹670 Cr, a 20% uplift, while PAT jumped 32% to ₹336 Cr. For the first nine months of FY25, revenue reached ₹3,457 Cr, up 22% YoY, with EBITDA at ₹1,885 Cr, also a 22% increase. PAT for this period stood at ₹1,006 Cr, increasing 21% YoY. The balance sheet remains strong with net debt of ₹827 Cr and a cash balance of ₹4,845 Cr.

**Strategic Initiatives and Growth Drivers:**

The company aims to enhance its port capacity from 174 mtpa to 400 mtpa by FY30, leveraging brownfield expansion and greenfield projects. Key projects include a 36 mtpa expansion at Dharamtar and Jaigarh, and a new 30 mtpa multi-cargo terminal at Keni Port, with a projected capex of ₹4,119 Cr. The FY30 revenue target for logistics is set at ₹8,000 Cr.

**Business Developments:**

JSW secured significant concession agreements for new berths at V.O. Chidambarana Port and JNPA, with completion timelines projected for FY26. The company expects growth in third-party cargo to enhance earnings, achieving a third-party share of 49% in cargo handled for Q3 FY25.

**Market Position and Competitive Advantage:**

JSW holds a robust position as India's second-largest private port operator, benefiting from strategic asset locations and strong demand within the growing Indian economy. Government initiatives supporting infrastructure development further fortify JSW's competitive edge.

**Investor Implications:**

With favorable long-term growth prospects and ongoing capacity expansions, investors may consider JSW Infrastructure as a potential growth opportunity. The effective management of debt and strategic initiatives position the company well for future profitability and value creation.