JSW Infrastructure Limited, part of the JSW Group and India’s second-largest private commercial port operator, announced its financial results for the fourth quarter and fiscal year ended 31st March 2026. The company reported a 20% year-on-year increase in its Q4 operating EBITDA, reaching ₹769 crore.
In the fourth quarter of FY2026, JSW Infrastructure handled cargo volumes of 31.6 million tonnes, marking a 1% increase compared to the previous year. Revenue from operations grew by 19% year-on-year to ₹1,522 crore. The adjusted profit after tax (PAT) for the quarter was ₹528 crore, a 15% increase from the same period last year.
For the full fiscal year 2026, the company handled 122 million tonnes of cargo, up 4% from the previous year. Revenue from operations rose by 20% year-on-year to ₹5,361 crore, while operating EBITDA increased by 15% to ₹2,604 crore, in line with management guidance. The adjusted PAT for the year was ₹1,644 crore, reflecting a 12% year-on-year growth.
The board of directors has recommended a dividend of ₹0.90 per share, pending shareholder approval. JSW Infrastructure’s balance sheet remains strong, with a net debt to operating EBITDA ratio of 1.2x, gross debt of ₹6,410 crore, and cash and bank balances of ₹3,309 crore.
Significant developments during the year included the successful conclusion of public hearings for proposed Greenfield ports in Karnataka and Maharashtra, the awarding of the Kolkata Container Terminal Project, and the completion of the JNPA Liquid Terminal project. Additionally, the company expanded cargo handling capacity at the Ennore Coal Terminal and acquired 25 rail rakes to enhance its logistics segment.
Looking ahead, JSW Infrastructure aims to increase its cargo handling capacity to 400 million tonnes per annum by FY2030, supported by a comprehensive capital expenditure plan of ₹30,000 crore. The company is targeting consolidated operating revenue of ₹6,850 crore and operating EBITDA of ₹3,000 crore for FY2027.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).