JSW Infrastructure (JSWIL), India's second-largest private port operator and part of the JSW Group, is set to reshape the nation's ports and logistics sector with its bold growth strategy. The company aims to expand its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30.
Strategic Investments to Drive Capacity Expansion
The Company has an estimated capex of Rs 30,000 crores for FY25-30 to achieve 400 million tonnes per annum capacity. Key initiatives include:
- Brownfield projects: Capacity enhancements at Jaigarh, Dharamtar, and Goa. - Greenfield developments: New ports at Jatadhar, Keni, and Murbe. - Logistics integration: Acquisitions like Navkar Corporation and a slurry pipeline project to bolster its end-to-end logistics solutions.
Diversified Customer Base for Long-Term Resilience
While JSWIL continues to benefit from its association with JSW Group companies, it has made significant progress in diversifying its customer base. The share of third-party cargo increased from 5% in FY19 to 48% in 1HFY25. The company aims for an equal mix of group and third-party customers, enhancing operational stability and profitability.
Commitment to Sustainable Development
In an effort to combat global warming and climate change, JSW Infrastructure Limited has committed to curtail its direct GHG emissions and achieve net neutrality by 2050.
Commenting on the company's vision, Mr. Rinkesh Roy, Joint MD & CEO, JSW Infrastructure said: "We are committed to developing a robust, efficient and integrated ports and logistics ecosystem that aligns with India's economic growth and infrastructure development goals. By prioritizing capacity expansion and diversifying our customer and product profiles, I am confident we will deliver substantial long-term value to our stakeholders."
Mr. Lalit Singhvi, CFO & Whole Time Director, JSW Infrastructure said: I am excited to share that JSWIL's robust financial foundation, with a solid balance sheet and zero net debt, fuels our ambitious expansion plans. We are strategically positioned to drive capacity additions and pursue value-accretive acquisitions, all while maintaining solid financial matrices."
Shares of JSW Infrastructure Limited was last trading in BSE at Rs. 318.00 as compared to the previous close of Rs. 317.35. The total number of shares traded during the day was 110604 in over 1769 trades.
The stock hit an intraday high of Rs. 320.65 and intraday low of 314.50. The net turnover during the day was Rs. 35252862.00. |