JSW Infrastructure Ltd.
•₹ 335.71.77%
2026-08-21
PROS
- Working capital cycle has improved - days down from 941 to 550
- Institutional investors have been accumulating - FII+DII up 10.9pp
CONS
- A large part of profit comes from other income (334.2% of PBT)
- Operating cash flow has been negative in recent years
- Recent results are weak - TTM profit is down 77.2% versus prior year
- Promoter holding has decreased over last 2 years: -11.7pp
- Company has a low return on equity of 7.1% over last 3 years
- Company has a low return on capital employed of 9.5%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ADANIPORTS | 1693.25 | 29.75 | 390117.87 | 0.44 | 3649.50 | 10.24 | 10820.80 | 18.57 | 15.03 | 60.26 |
| 2. | JSWINFRA | 329.85 | 51.75 | 76855.10 | 0.27 | 357.60 | -8.21 | 1444.83 | 18.06 | 14.26 | 46.64 |
| 3. | GPPL | 164.75 | 14.25 | 7964.67 | 6.31 | 147.90 | 41.77 | 331.77 | 32.47 | 29.46 | 64.86 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 126 | 120 | 142 | 146 | 141 | 127 | 124 | 128 | 140 | 143 | 164 | 154 | 164 | |
| 71 | 116 | 87 | 103 | 82 | 103 | 149 | 91 | 82 | 221 | 149 | 293 | 151 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 78 | 79 | 128 | 132 | 140 | 238 | 154 | 134 | 95 | 260 | 81 | 153 | 78 |
| Interest | 49 | 50 | 54 | 54 | 57 | 54 | 73 | 77 | 67 | 74 | 58 | 61 | 58 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 1 | 1 |
| 84 | 33 | 129 | 121 | 141 | 207 | 55 | 93 | 84 | 107 | 34 | -50 | 90 | |
| Tax % | 21.42% | 30.92% | 27.17% | 13.76% | 30.79% | 43.89% | -68.48% | 8.86% | 13.67% | -11.02% | 5.78% | -14.11% | 16.80% |
| Net Profit | 66 | 23 | 94 | 105 | 97 | 116 | 93 | 85 | 73 | 119 | 32 | -57 | 75 |
| 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | -0 | 0 | |
| Equity Capital | 360 | 407 | 409 | 410 | 413 | 414 | 415 | 415 | 416 | 416 | 417 | 417 | 465 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 360 | 407 | 409 | 410 | 413 | 414 | 415 | 415 | 416 | 416 | 417 | 417 | 465 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 126
- 71
- Operating Profit
- —
- OPM %
- —
- Other Income
- 78
- Interest
- 49
- Depreciation
- 0
- 84
- Tax %
- 21.42%
- Net Profit
- 66
- 0
- Equity Capital
- 360
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 360
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 120
- 116
- Operating Profit
- —
- OPM %
- —
- Other Income
- 79
- Interest
- 50
- Depreciation
- 0
- 33
- Tax %
- 30.92%
- Net Profit
- 23
- 0
- Equity Capital
- 407
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 407
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 142
- 87
- Operating Profit
- —
- OPM %
- —
- Other Income
- 128
- Interest
- 54
- Depreciation
- 0
- 129
- Tax %
- 27.17%
- Net Profit
- 94
- 0
- Equity Capital
- 409
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 409
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 146
- 103
- Operating Profit
- —
- OPM %
- —
- Other Income
- 132
- Interest
- 54
- Depreciation
- 0
- 121
- Tax %
- 13.76%
- Net Profit
- 105
- 0
- Equity Capital
- 410
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 410
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 141
- 82
- Operating Profit
- —
- OPM %
- —
- Other Income
- 140
- Interest
- 57
- Depreciation
- 0
- 141
- Tax %
- 30.79%
- Net Profit
- 97
- 0
- Equity Capital
- 413
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 413
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 127
- 103
- Operating Profit
- —
- OPM %
- —
- Other Income
- 238
- Interest
- 54
- Depreciation
- 0
- 207
- Tax %
- 43.89%
- Net Profit
- 116
- 1
- Equity Capital
- 414
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 414
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 124
- 149
- Operating Profit
- —
- OPM %
- —
- Other Income
- 154
- Interest
- 73
- Depreciation
- 0
- 55
- Tax %
- -68.48%
- Net Profit
- 93
- 0
- Equity Capital
- 415
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 415
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 128
- 91
- Operating Profit
- —
- OPM %
- —
- Other Income
- 134
- Interest
- 77
- Depreciation
- 1
- 93
- Tax %
- 8.86%
- Net Profit
- 85
- 0
- Equity Capital
- 415
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 415
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 140
- 82
- Operating Profit
- —
- OPM %
- —
- Other Income
- 95
- Interest
- 67
- Depreciation
- 1
- 84
- Tax %
- 13.67%
- Net Profit
- 73
- 0
- Equity Capital
- 416
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 416
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 143
- 221
- Operating Profit
- —
- OPM %
- —
- Other Income
- 260
- Interest
- 74
- Depreciation
- 1
- 107
- Tax %
- -11.02%
- Net Profit
- 119
- 1
- Equity Capital
- 416
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 416
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 164
- 149
- Operating Profit
- —
- OPM %
- —
- Other Income
- 81
- Interest
- 58
- Depreciation
- 2
- 34
- Tax %
- 5.78%
- Net Profit
- 32
- 0
- Equity Capital
- 417
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 417
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 154
- 293
- Operating Profit
- —
- OPM %
- —
- Other Income
- 153
- Interest
- 61
- Depreciation
- 1
- -50
- Tax %
- -14.11%
- Net Profit
- -57
- -0
- Equity Capital
- 417
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 417
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 164
- 151
- Operating Profit
- —
- OPM %
- —
- Other Income
- 78
- Interest
- 58
- Depreciation
- 1
- 90
- Tax %
- 16.80%
- Net Profit
- 75
- 0
- Equity Capital
- 465
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 465
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 226 | 230 | 271 | 285 | 320 | 473 | 532 | 534 | 520 | 601 | 624 | |
| 130 | 134 | 208 | 128 | 164 | 270 | 314 | 330 | 338 | 380 | 814 | |
| Operating Profit | 117 | 129 | 128 | 229 | 206 | 320 | 515 | 621 | 846 | 810 | — |
| OPM % | 52 | 56 | 47 | 81 | 64 | 68 | 97 | 116 | 163 | 135 | — |
| Other Income | 21 | 34 | 65 | 73 | 50 | 117 | 297 | 416 | 664 | 589 | 572 |
| Interest | 47 | 29 | 6 | 67 | 69 | 145 | 460 | 252 | 347 | 624 | 251 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 3 | 6 | 6 |
| 68 | 98 | 120 | 161 | 135 | 173 | 53 | 367 | 496 | 176 | 182 | |
| Tax % | 17 | 28 | 8 | 18 | 27 | 19 | -27 | 22 | 21 | 5 | 7 |
| Net Profit | 57 | 71 | 111 | 132 | 99 | 141 | 67 | 287 | 391 | 168 | 170 |
| EPS | 10 | 12 | 18 | 22 | 16 | 1 | 0 | 1 | 2 | 1 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39 | 42 | 112 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 2 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 2 | 1 | — |
Mar 2017
- 226
- 130
- Operating Profit
- 117
- OPM %
- 52
- Other Income
- 21
- Interest
- 47
- Depreciation
- 2
- 68
- Tax %
- 17
- Net Profit
- 57
- EPS
- 10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 230
- 134
- Operating Profit
- 129
- OPM %
- 56
- Other Income
- 34
- Interest
- 29
- Depreciation
- 2
- 98
- Tax %
- 28
- Net Profit
- 71
- EPS
- 12
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 271
- 208
- Operating Profit
- 128
- OPM %
- 47
- Other Income
- 65
- Interest
- 6
- Depreciation
- 2
- 120
- Tax %
- 8
- Net Profit
- 111
- EPS
- 18
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 285
- 128
- Operating Profit
- 229
- OPM %
- 81
- Other Income
- 73
- Interest
- 67
- Depreciation
- 2
- 161
- Tax %
- 18
- Net Profit
- 132
- EPS
- 22
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 320
- 164
- Operating Profit
- 206
- OPM %
- 64
- Other Income
- 50
- Interest
- 69
- Depreciation
- 2
- 135
- Tax %
- 27
- Net Profit
- 99
- EPS
- 16
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 473
- 270
- Operating Profit
- 320
- OPM %
- 68
- Other Income
- 117
- Interest
- 145
- Depreciation
- 2
- 173
- Tax %
- 19
- Net Profit
- 141
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 532
- 314
- Operating Profit
- 515
- OPM %
- 97
- Other Income
- 297
- Interest
- 460
- Depreciation
- 1
- 53
- Tax %
- -27
- Net Profit
- 67
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 534
- 330
- Operating Profit
- 621
- OPM %
- 116
- Other Income
- 416
- Interest
- 252
- Depreciation
- 2
- 367
- Tax %
- 22
- Net Profit
- 287
- EPS
- 1
- Dividend Payout %
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2025
- 520
- 338
- Operating Profit
- 846
- OPM %
- 163
- Other Income
- 664
- Interest
- 347
- Depreciation
- 3
- 496
- Tax %
- 21
- Net Profit
- 391
- EPS
- 2
- Dividend Payout %
- 42
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2026
- 601
- 380
- Operating Profit
- 810
- OPM %
- 135
- Other Income
- 589
- Interest
- 624
- Depreciation
- 6
- 176
- Tax %
- 5
- Net Profit
- 168
- EPS
- 1
- Dividend Payout %
- 112
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 624
- 814
- Operating Profit
- —
- OPM %
- —
- Other Income
- 572
- Interest
- 251
- Depreciation
- 6
- 182
- Tax %
- 7
- Net Profit
- 170
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 7%
- 5 Years:
- 13%
- 3 Years:
- 4%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 6%
- 5 Years:
- 11%
- 3 Years:
- 36%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 9%
RETURN ON EQUITY
- 10 Years:
- 8%
- 5 Years:
- 8%
- 3 Years:
- 7%
- Last Year:
- 3%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 56 | 60 | 60 | 60 | 60 | 60 | 360 | 410 | 415 | 417 |
| 656 | 1,216 | 1,327 | 943 | 1,042 | 1,183 | 1,001 | 4,122 | 4,558 | 4,657 | |
| 144 | 54 | 0 | 217 | 295 | 150 | 0 | 0 | 0 | 124 | |
| Trade Payables | 6 | 17 | 7 | 37 | 58 | 94 | 36 | 64 | 33 | 40 |
| 201 | -6 | 200 | 471 | 593 | 3,442 | 3,598 | 3,665 | 4,139 | 5,054 | |
| Total Liabilities | 1,064 | 1,341 | 1,594 | 1,727 | 2,047 | 4,929 | 4,995 | 8,262 | 9,145 | 10,292 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 248 | 175 | 92 | 102 | 101 | 98 | 101 | 102 | 162 | 218 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,585 | 2,120 |
| 500 | 537 | 692 | 1,061 | 1,414 | 1,560 | 1,385 | 1,919 | 3,188 | 3,320 | |
| 0 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 96 | 80 | 102 | |
| Cash & Bank | 4 | 244 | 37 | 49 | 28 | 369 | 410 | 2,052 | 1,614 | 1,120 |
| 311 | 385 | 773 | 514 | 503 | 2,901 | 3,096 | 4,092 | 2,514 | 3,410 | |
| Total Assets | 1,064 | 1,341 | 1,594 | 1,727 | 2,047 | 4,929 | 4,995 | 8,262 | 9,145 | 10,292 |
| Total Debt | 319 | 54 | 0 | 501 | 531 | 3,157 | 3,260 | 3,311 | 3,404 | 4,499 |
| Net Working Capital | 87 | 518 | 698 | 141 | -30 | 382 | 656 | 2,211 | 1,340 | 906 |
| Contingent Liabilities | 82 | 29 | 19 | 26 | 44 | 82 | 72 | 1,048 | 938 | 966 |
| Book Value per Share | 126.52 | 212.10 | 230.51 | 167.35 | 183.87 | 207.38 | 7.57 | 22.09 | 23.98 | 24.33 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 319 | 54 | 0 | 501 | 531 | 3,157 | 3,260 | 3,311 | 3,404 | 4,499 |
| Net Working Capital | 87 | 518 | 698 | 141 | -30 | 382 | 656 | 2,211 | 1,340 | 906 |
| Contingent Liabilities | 82 | 29 | 19 | 26 | 44 | 82 | 72 | 1,048 | 938 | 966 |
| Book Value per Share | 126.52 | 212.10 | 230.51 | 167.35 | 183.87 | 207.38 | 7.57 | 22.09 | 23.98 | 24.33 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2017
- Equity Capital
- 56
- 656
- 144
- Trade Payables
- 6
- 201
- Total Liabilities
- 1,064
- 248
- Capital Work in Progress
- 0
- 500
- 0
- 0
- Cash & Bank
- 4
- 311
- Total Assets
- 1,064
- Total Debt
- 319
- Net Working Capital
- 87
- Contingent Liabilities
- 82
- Book Value per Share
- 126.52
- Face Value
- 10.00
- Total Debt
- 319
- Net Working Capital
- 87
- Contingent Liabilities
- 82
- Book Value per Share
- 126.52
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 60
- 1,216
- 54
- Trade Payables
- 17
- -6
- Total Liabilities
- 1,341
- 175
- Capital Work in Progress
- 0
- 537
- 1
- 0
- Cash & Bank
- 244
- 385
- Total Assets
- 1,341
- Total Debt
- 54
- Net Working Capital
- 518
- Contingent Liabilities
- 29
- Book Value per Share
- 212.10
- Face Value
- 10.00
- Total Debt
- 54
- Net Working Capital
- 518
- Contingent Liabilities
- 29
- Book Value per Share
- 212.10
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 60
- 1,327
- 0
- Trade Payables
- 7
- 200
- Total Liabilities
- 1,594
- 92
- Capital Work in Progress
- 0
- 692
- 1
- 0
- Cash & Bank
- 37
- 773
- Total Assets
- 1,594
- Total Debt
- 0
- Net Working Capital
- 698
- Contingent Liabilities
- 19
- Book Value per Share
- 230.51
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 698
- Contingent Liabilities
- 19
- Book Value per Share
- 230.51
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 60
- 943
- 217
- Trade Payables
- 37
- 471
- Total Liabilities
- 1,727
- 102
- Capital Work in Progress
- 0
- 1,061
- 1
- 0
- Cash & Bank
- 49
- 514
- Total Assets
- 1,727
- Total Debt
- 501
- Net Working Capital
- 141
- Contingent Liabilities
- 26
- Book Value per Share
- 167.35
- Face Value
- 10.00
- Total Debt
- 501
- Net Working Capital
- 141
- Contingent Liabilities
- 26
- Book Value per Share
- 167.35
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 60
- 1,042
- 295
- Trade Payables
- 58
- 593
- Total Liabilities
- 2,047
- 101
- Capital Work in Progress
- 0
- 1,414
- 1
- 0
- Cash & Bank
- 28
- 503
- Total Assets
- 2,047
- Total Debt
- 531
- Net Working Capital
- -30
- Contingent Liabilities
- 44
- Book Value per Share
- 183.87
- Face Value
- 10.00
- Total Debt
- 531
- Net Working Capital
- -30
- Contingent Liabilities
- 44
- Book Value per Share
- 183.87
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 60
- 1,183
- 150
- Trade Payables
- 94
- 3,442
- Total Liabilities
- 4,929
- 98
- Capital Work in Progress
- 0
- 1,560
- 1
- 0
- Cash & Bank
- 369
- 2,901
- Total Assets
- 4,929
- Total Debt
- 3,157
- Net Working Capital
- 382
- Contingent Liabilities
- 82
- Book Value per Share
- 207.38
- Face Value
- 10.00
- Total Debt
- 3,157
- Net Working Capital
- 382
- Contingent Liabilities
- 82
- Book Value per Share
- 207.38
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 360
- 1,001
- 0
- Trade Payables
- 36
- 3,598
- Total Liabilities
- 4,995
- 101
- Capital Work in Progress
- 0
- 1,385
- 2
- 0
- Cash & Bank
- 410
- 3,096
- Total Assets
- 4,995
- Total Debt
- 3,260
- Net Working Capital
- 656
- Contingent Liabilities
- 72
- Book Value per Share
- 7.57
- Face Value
- 2.00
- Total Debt
- 3,260
- Net Working Capital
- 656
- Contingent Liabilities
- 72
- Book Value per Share
- 7.57
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 410
- 4,122
- 0
- Trade Payables
- 64
- 3,665
- Total Liabilities
- 8,262
- 102
- Capital Work in Progress
- 0
- 1,919
- 1
- 96
- Cash & Bank
- 2,052
- 4,092
- Total Assets
- 8,262
- Total Debt
- 3,311
- Net Working Capital
- 2,211
- Contingent Liabilities
- 1,048
- Book Value per Share
- 22.09
- Face Value
- 2.00
- Total Debt
- 3,311
- Net Working Capital
- 2,211
- Contingent Liabilities
- 1,048
- Book Value per Share
- 22.09
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 415
- 4,558
- 0
- Trade Payables
- 33
- 4,139
- Total Liabilities
- 9,145
- 162
- Capital Work in Progress
- 1,585
- 3,188
- 1
- 80
- Cash & Bank
- 1,614
- 2,514
- Total Assets
- 9,145
- Total Debt
- 3,404
- Net Working Capital
- 1,340
- Contingent Liabilities
- 938
- Book Value per Share
- 23.98
- Face Value
- 2.00
- Total Debt
- 3,404
- Net Working Capital
- 1,340
- Contingent Liabilities
- 938
- Book Value per Share
- 23.98
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 417
- 4,657
- 124
- Trade Payables
- 40
- 5,054
- Total Liabilities
- 10,292
- 218
- Capital Work in Progress
- 2,120
- 3,320
- 2
- 102
- Cash & Bank
- 1,120
- 3,410
- Total Assets
- 10,292
- Total Debt
- 4,499
- Net Working Capital
- 906
- Contingent Liabilities
- 966
- Book Value per Share
- 24.33
- Face Value
- 2.00
- Total Debt
- 4,499
- Net Working Capital
- 906
- Contingent Liabilities
- 966
- Book Value per Share
- 24.33
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 147 | 354 | 164 | 122 | 321 | 170 | 162 | 250 | 74 | -178 | |
| Cash from Investing | 11 | -27 | -124 | 26 | -351 | -2,493 | 90 | -2,646 | 139 | -97 |
| Cash from Financing | -172 | -295 | -60 | -115 | -6 | 2,539 | -352 | 2,558 | -382 | 313 |
| -14 | 33 | -21 | 33 | -36 | 216 | -100 | 162 | -170 | 38 | |
| Free Cash Flow | 147 | 354 | 164 | 110 | 321 | 170 | 159 | 248 | -1,572 | -772 |
| OCF / Net Profit | 2.60 | 4.99 | 1.48 | 0.93 | 3.24 | 1.21 | 2.42 | 0.87 | 0.19 | -1.06 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,095 | 1,118 | 922 | 1,006 | -676 | -1,769 |
| OCF / Net Profit | 2.60 | 4.99 | 1.48 | 0.93 | 3.24 | 1.21 | 2.42 | 0.87 | 0.19 | -1.06 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,095 | 1,118 | 922 | 1,006 | -676 | -1,769 |
Mar 2017
- 147
- Cash from Investing
- 11
- Cash from Financing
- -172
- -14
- Free Cash Flow
- 147
- OCF / Net Profit
- 2.60
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.60
- Cumulative 5-Year FCF
- 0
Mar 2018
- 354
- Cash from Investing
- -27
- Cash from Financing
- -295
- 33
- Free Cash Flow
- 354
- OCF / Net Profit
- 4.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.99
- Cumulative 5-Year FCF
- 0
Mar 2019
- 164
- Cash from Investing
- -124
- Cash from Financing
- -60
- -21
- Free Cash Flow
- 164
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 0
Mar 2020
- 122
- Cash from Investing
- 26
- Cash from Financing
- -115
- 33
- Free Cash Flow
- 110
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
Mar 2021
- 321
- Cash from Investing
- -351
- Cash from Financing
- -6
- -36
- Free Cash Flow
- 321
- OCF / Net Profit
- 3.24
- Cumulative 5-Year FCF
- 1,095
- OCF / Net Profit
- 3.24
- Cumulative 5-Year FCF
- 1,095
Mar 2022
- 170
- Cash from Investing
- -2,493
- Cash from Financing
- 2,539
- 216
- Free Cash Flow
- 170
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 1,118
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 1,118
Mar 2023
- 162
- Cash from Investing
- 90
- Cash from Financing
- -352
- -100
- Free Cash Flow
- 159
- OCF / Net Profit
- 2.42
- Cumulative 5-Year FCF
- 922
- OCF / Net Profit
- 2.42
- Cumulative 5-Year FCF
- 922
Mar 2024
- 250
- Cash from Investing
- -2,646
- Cash from Financing
- 2,558
- 162
- Free Cash Flow
- 248
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 1,006
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 1,006
Mar 2025
- 74
- Cash from Investing
- 139
- Cash from Financing
- -382
- -170
- Free Cash Flow
- -1,572
- OCF / Net Profit
- 0.19
- Cumulative 5-Year FCF
- -676
- OCF / Net Profit
- 0.19
- Cumulative 5-Year FCF
- -676
Mar 2026
- -178
- Cash from Investing
- -97
- Cash from Financing
- 313
- 38
- Free Cash Flow
- -772
- OCF / Net Profit
- -1.06
- Cumulative 5-Year FCF
- -1,769
- OCF / Net Profit
- -1.06
- Cumulative 5-Year FCF
- -1,769
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 10.03 | 11.78 | 18.43 | 21.94 | 16.52 | 23.45 | 0.37 | 1.40 | 1.89 | 0.80 |
| Book Value (₹) | 126.52 | 212.10 | 230.51 | 167.35 | 183.87 | 207.38 | 7.57 | 22.09 | 23.98 | 24.33 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.55 | 0.80 | 0.90 |
| Cash EPS (₹) | 0.34 | 0.40 | 0.62 | 0.74 | 0.56 | 0.79 | 0.38 | 1.41 | 1.90 | 0.83 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 51.65% | 56.34% | 47.32% | 80.55% | 64.25% | 67.68% | 96.80% | 38.26% | 35.02% | 36.69% |
| Net Margin % | 25.01% | 30.89% | 40.96% | 46.21% | 30.91% | 29.71% | 12.62% | 53.75% | 75.28% | 27.90% |
| ROE % | 8.25% | 7.13% | 8.33% | 11.00% | 9.41% | 11.99% | 5.15% | 9.75% | 8.23% | 3.34% |
| ROCE % | 10.61% | 10.59% | 9.15% | 15.34% | 12.43% | 10.14% | 10.91% | 9.55% | 10.13% | 8.79% |
| 5.16% | 5.90% | 7.56% | 7.92% | 5.25% | 4.03% | 1.35% | 4.33% | 4.50% | 1.72% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 168 | 205 | 225 | 219 | 143 | 73 | 56 | 58 | 62 | 56 |
| Inventory Days | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 168 | 205 | 226 | 219 | 144 | 74 | 57 | 60 | 63 | 56 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.45x | 0.04x | 0.00x | 0.50x | 0.48x | 2.54x | 2.40x | 0.73x | 0.68x | 0.89x |
| Interest Coverage (x) | 2.46x | 4.34x | 20.72x | 3.41x | 2.95x | 2.19x | 1.11x | 2.46x | 2.43x | 1.28x |
| 1.54x | 7.65x | 4.14x | 1.34x | 0.93x | 2.30x | 9.32x | 19.87x | 3.13x | 2.26x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -22.75% | 1.60% | 17.99% | 5.07% | 12.54% | 47.70% | 12.38% | 0.53% | -2.70% | 15.55% |
| Operating Profit Growth % | -34.17% | 10.82% | -0.89% | 78.86% | -10.23% | 55.59% | 60.72% | 20.67% | 36.25% | -4.30% |
| Net Profit Growth % | -41.57% | 25.47% | 56.48% | 18.55% | -24.73% | 41.98% | -52.28% | 328.22% | 36.27% | -57.18% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 275.23% | 34.83% | -57.42% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 175.36x | 169.40x | 299.27x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 11.11x | 13.33x | 9.89x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.22% | 0.25% | 0.37% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 83.14x | 80.49x | 66.13x |
Mar 2017
- EPS (₹)
- 10.03
- Book Value (₹)
- 126.52
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.34
- Operating Margin %
- 51.65%
- Net Margin %
- 25.01%
- ROE %
- 8.25%
- ROCE %
- 10.61%
- 5.16%
- Debtor Days
- 168
- Inventory Days
- 1
- Payable Days
- 0
- 168
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 2.46x
- 1.54x
- Revenue Growth %
- -22.75%
- Operating Profit Growth %
- -34.17%
- Net Profit Growth %
- -41.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 11.78
- Book Value (₹)
- 212.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.40
- Operating Margin %
- 56.34%
- Net Margin %
- 30.89%
- ROE %
- 7.13%
- ROCE %
- 10.59%
- 5.90%
- Debtor Days
- 205
- Inventory Days
- 1
- Payable Days
- 0
- 205
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 4.34x
- 7.65x
- Revenue Growth %
- 1.60%
- Operating Profit Growth %
- 10.82%
- Net Profit Growth %
- 25.47%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 18.43
- Book Value (₹)
- 230.51
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.62
- Operating Margin %
- 47.32%
- Net Margin %
- 40.96%
- ROE %
- 8.33%
- ROCE %
- 9.15%
- 7.56%
- Debtor Days
- 225
- Inventory Days
- 1
- Payable Days
- 0
- 226
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 20.72x
- 4.14x
- Revenue Growth %
- 17.99%
- Operating Profit Growth %
- -0.89%
- Net Profit Growth %
- 56.48%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 21.94
- Book Value (₹)
- 167.35
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.74
- Operating Margin %
- 80.55%
- Net Margin %
- 46.21%
- ROE %
- 11.00%
- ROCE %
- 15.34%
- 7.92%
- Debtor Days
- 219
- Inventory Days
- 1
- Payable Days
- 0
- 219
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- 3.41x
- 1.34x
- Revenue Growth %
- 5.07%
- Operating Profit Growth %
- 78.86%
- Net Profit Growth %
- 18.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 16.52
- Book Value (₹)
- 183.87
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.56
- Operating Margin %
- 64.25%
- Net Margin %
- 30.91%
- ROE %
- 9.41%
- ROCE %
- 12.43%
- 5.25%
- Debtor Days
- 143
- Inventory Days
- 1
- Payable Days
- 0
- 144
- Debt to Equity (x)
- 0.48x
- Interest Coverage (x)
- 2.95x
- 0.93x
- Revenue Growth %
- 12.54%
- Operating Profit Growth %
- -10.23%
- Net Profit Growth %
- -24.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 23.45
- Book Value (₹)
- 207.38
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.79
- Operating Margin %
- 67.68%
- Net Margin %
- 29.71%
- ROE %
- 11.99%
- ROCE %
- 10.14%
- 4.03%
- Debtor Days
- 73
- Inventory Days
- 1
- Payable Days
- 0
- 74
- Debt to Equity (x)
- 2.54x
- Interest Coverage (x)
- 2.19x
- 2.30x
- Revenue Growth %
- 47.70%
- Operating Profit Growth %
- 55.59%
- Net Profit Growth %
- 41.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.37
- Book Value (₹)
- 7.57
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.38
- Operating Margin %
- 96.80%
- Net Margin %
- 12.62%
- ROE %
- 5.15%
- ROCE %
- 10.91%
- 1.35%
- Debtor Days
- 56
- Inventory Days
- 1
- Payable Days
- 0
- 57
- Debt to Equity (x)
- 2.40x
- Interest Coverage (x)
- 1.11x
- 9.32x
- Revenue Growth %
- 12.38%
- Operating Profit Growth %
- 60.72%
- Net Profit Growth %
- -52.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 1.40
- Book Value (₹)
- 22.09
- Dividend per Share (₹)
- 0.55
- Cash EPS (₹)
- 1.41
- Operating Margin %
- 38.26%
- Net Margin %
- 53.75%
- ROE %
- 9.75%
- ROCE %
- 9.55%
- 4.33%
- Debtor Days
- 58
- Inventory Days
- 1
- Payable Days
- 0
- 60
- Debt to Equity (x)
- 0.73x
- Interest Coverage (x)
- 2.46x
- 19.87x
- Revenue Growth %
- 0.53%
- Operating Profit Growth %
- 20.67%
- Net Profit Growth %
- 328.22%
- 275.23%
- P/E (x)
- 175.36x
- P/B (x)
- 11.11x
- Dividend Yield %
- 0.22%
- 83.14x
Mar 2025
- EPS (₹)
- 1.89
- Book Value (₹)
- 23.98
- Dividend per Share (₹)
- 0.80
- Cash EPS (₹)
- 1.90
- Operating Margin %
- 35.02%
- Net Margin %
- 75.28%
- ROE %
- 8.23%
- ROCE %
- 10.13%
- 4.50%
- Debtor Days
- 62
- Inventory Days
- 1
- Payable Days
- 0
- 63
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- 2.43x
- 3.13x
- Revenue Growth %
- -2.70%
- Operating Profit Growth %
- 36.25%
- Net Profit Growth %
- 36.27%
- 34.83%
- P/E (x)
- 169.40x
- P/B (x)
- 13.33x
- Dividend Yield %
- 0.25%
- 80.49x
Mar 2026
- EPS (₹)
- 0.80
- Book Value (₹)
- 24.33
- Dividend per Share (₹)
- 0.90
- Cash EPS (₹)
- 0.83
- Operating Margin %
- 36.69%
- Net Margin %
- 27.90%
- ROE %
- 3.34%
- ROCE %
- 8.79%
- 1.72%
- Debtor Days
- 56
- Inventory Days
- 1
- Payable Days
- 0
- 56
- Debt to Equity (x)
- 0.89x
- Interest Coverage (x)
- 1.28x
- 2.26x
- Revenue Growth %
- 15.55%
- Operating Profit Growth %
- -4.30%
- Net Profit Growth %
- -57.18%
- -57.42%
- P/E (x)
- 299.27x
- P/B (x)
- 9.89x
- Dividend Yield %
- 0.37%
- 66.13x
Documents
Announcements
- Credit Rating
2026-08-21 - JSW Infrastructure Limited has informed the Exchange about Credit Rating
- Shareholders meeting
2026-08-14 - JSW Infrastructure Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 13, 2026. Further, the company has informed the Exchange regarding voting results.
Annual Reports
Nothing filed yet.
Credit Ratings
- Credit Rating
2026-08-21 - JSW Infrastructure Limited has informed the Exchange about Credit Rating
- Credit Rating
2026-07-02 - JSW Infrastructure Limited has informed the Exchange about Credit Rating
- Credit Rating- New
2026-06-19 - JSW Infrastructure Limited has informed the Exchange about Credit Rating- New
Concalls
Aug 2026
Jul 2026
May 2026