JSW Infrastructure Limited — PPTs, 16-10-2025: Investor Presentation

JSW Infrastructure reported a strong Q2 FY26, with Total Revenue up 26% YoY to ₹1,372 Cr. H1 FY26 revenue rose 23% to ₹2,686 Cr. EBITDA increased by 18% in Q2 and 14% in H1. While Q2 PAT was ₹369 Cr (down 1% YoY), H1 PAT grew 13% to ₹758 Cr. Total cargo handled increased 3% YoY in Q2 to 28.9 MT and 4% YoY in H1 to 58.2 MT. Port operations saw group cargo up 6% in Q2, driven by South West Port, Jaigarh, and Dharamtar, despite subdued volumes at Paradip Iron Ore Terminal due to weak macroeconomic conditions. The Logistics segment (Navkar Corp) delivered robust domestic cargo growth of 46% in Q2 and EXIM cargo growth of 20%.

The company is strategically expanding, targeting 400 mtpa port capacity by FY30, a ~2.3x increase. This includes greenfield projects like Keni (30 mtpa) and Murbe (33 mtpa) ports, and brownfield expansions. Recent developments include concluding public hearings for new ports, acquiring an 86-acre rail siding in Kudathini for a Multi-Modal Logistics Park, and signing a 30-year concession for berths at Kolkata (6.3 MTPA). New liquid terminals at JNPA are set to commence operations soon. The balance sheet remains strong with Net Debt of ₹1,810 Cr.