JSW Infrastructure’s solid foundation is built on a robust balance sheet, enabling strong and sustained growth.

JSW Infrastructure, India’s second-largest private port operator, is expanding its capacity from 170 million tonnes to 400 million tonnes by 2030, representing a 16% compound annual growth rate. The company aims to increase third-party volumes to 48% by 2025. To achieve this, it has acquired Navkar Corporation, which operates several container freight stations and inland container depots, and has obtained a contract to build and operate cargo terminals. JSWIL has a strong balance sheet, with a net debt-to-equity ratio of 0.33x and net debt-to-EBITDA ratio of 0.1x, as well as good cash flows. The company has the flexibility to meet its targeted capital expenditure of ₹30,000 crore over the next six years, despite the need to dilute its promoter holding to meet Sebi requirements.