JSW Infrastructure has announced the acquisition of a railway rakes business, acquiring 100% equity in JSW Mineral Rail Logistics, JSW Rail Infra Logistics, and JSW (South) Rail Logistics for an enterprise value of ₹1,212 crore. The deal includes 25 operational rakes and is expected to enhance the company’s logistics capabilities and revenue stability.
Acquisition Overview
JSW Infrastructure is set to strengthen its logistics operations by acquiring the railway rakes business. This includes the acquisition of 100% equity in JSW Mineral Rail Logistics Pvt Ltd (JMRL), JSW Rail Infra Logistics Pvt Ltd (JRIL), and JSW (South) Rail Logistics Pvt Ltd (JSRL) via a Share Purchase Agreement with JSW Shipping & Logistics Pvt Ltd (JSL). The overall enterprise value for this acquisition is ₹1,212 crore.
Key Details of the Transaction
The transaction includes:
Strategic Benefits
Financial Outlook
The acquisition is expected to be value-accretive with an EV/EBITDA multiple of 8.1x on FY27. It aligns with JSWIL’s goal of achieving ₹8,000 crore topline by FY2030.
Next Steps
Source: BSE
