JSW Infrastructure has released an investor presentation detailing its 2030 growth roadmap for its port and logistics segments. The company aims to increase its port capacity to 400 mtpa by FY30 and projects a topline of ₹8,000 crore for its logistics segment by FY30. The presentation also provides financial guidance for FY27 and FY28, indicating robust revenue and EBITDA growth.
JSW Infrastructure Unveils Ambitious Growth Plans
JSW Infrastructure has presented a comprehensive investor presentation outlining its strategic vision and financial outlook, with a particular focus on its 2030 Road Map for Growth and Value Creation for the Port Segment. The company aims to achieve a significant expansion in its port capacity, projecting an increase from the current 186 mtpa to 400 mtpa by FY30. This growth will be driven by a combination of approved/under-construction projects, potential projects, and a pipeline of future projects, including the development of key ports like Keni Port, Karnataka, and Murbe Port, Maharashtra, along with international expansion at Ash Shiwaymiyyah Port, Oman. Additionally, the company is looking to leverage privatization bids and its balance sheet for inorganic growth opportunities.
Logistics Segment Expansion and Targets
The presentation also details the 2030 Road Map for Logistics segment, focusing on expanding its presence through Navkar and Gati Shakti Multi-Modal Cargo Terminals (GCT). The growth strategy includes developing Greenfield ICDs & MMLPs, participating in GCT bids, pursuing inorganic opportunities through acquisitions, forging partnerships, and investing in rail and container rakes. JSW Infrastructure is targeting a topline revenue of ₹8,000 crore for its logistics segment by FY30. The company also plans significant CAPEX of ₹9,000 Crore for the logistics segment between FY25-30.
Financial Guidance and Performance Highlights
Financial guidance for FY27 and FY28 indicates strong performance across both Ports and Logistics segments. For the Ports segment, revenue is projected to reach ₹5,200 crore in FY27E and ₹8,000 crore in FY28E, with EBITDA expected to be ₹2,600 crore and ₹4,300 crore respectively. The Logistics segment is projected to see revenue grow to ₹1,400 crore in FY27E and ₹2,800 crore in FY28E, with EBITDA at ₹400 crore and ₹700 crore. Consolidated revenue is expected to reach ₹10,800 crore by FY28E, with a CAGR of 42% (FY26-28), and consolidated EBITDA is projected to be ₹5,000 crore by FY28E, with a CAGR of 39% (FY26-28). The company reported robust operational performance in H1 FY27, handling 60.5 MT of cargo and achieving revenue growth of 18% YoY to ₹2,926 Crore.
Robust Balance Sheet and Sustainability Focus
JSW Infrastructure highlights its strong balance sheet, with a net debt to equity ratio of 0.14x in FY25 and net debt to operating EBITDA of 0.65x in FY25. The company has also raised capital at competitive rates, including a USD 400 million sustainability-linked senior secured note issuance in January 2022. The presentation also touches upon the company’s commitment to Sustainability, showcasing key performance indicators for energy consumption, GHG emissions, freshwater consumption, waste recycling, and renewable energy generation, alongside its contributions to society in Health & Nutrition, Education, Water & Sanitation, and Waste Management.
Key Project Updates
Several key project updates are provided, including the progress on terminals like V.O. Chidambarana Port, Tuticorin and Kolkata Container Terminal. Brownfield expansions at LPG at Jaigarh and Dharamtar & Jaigarh are progressing well. Greenfield port developments at Jatadhar Port and Keni Port are also underway, alongside port connectivity projects such as the Slurry Pipeline Project (30 mtpa).
Source: BSE
