JSW Infrastructure Limited , India's second-largest private commercial port operator, has unveiled ambitious targets for fiscal year 2030 (FY30), aiming to significantly expand its operations and financial performance.

H1FY26 Performance and FY30 Targets

JSW Infrastructure handled 58.2 million tonnes (MT) of cargo in the first half of fiscal year 2026 (H1FY26), marking a 4% year-on-year growth. The company achieved a revenue of ₹2,686.00 crore, up 23% year-on-year, and an EBITDA of ₹1,387.00 crore, representing a 14% increase year-on-year.

Looking ahead, JSW Infrastructure has set its sights on achieving a cargo handling capacity of 400 million tonnes per annum (MTPA) by FY30, a substantial increase from its current capacity of 177 MTPA. This expansion plan is part of the company's broader strategy to strengthen its position in the port and logistics sector.

Expansion Strategies

To reach its 400 MTPA capacity goal, JSW Infrastructure plans to implement:

1. Brownfield expansions of existing facilities
2. Development of greenfield ports, including a 27 MTPA facility in Oman
3. Scaling up its logistics business

Financial Targets

In addition to capacity growth, JSW Infrastructure has outlined aggressive financial goals:

• Logistics Revenue: ₹8,000.00 crore target for FY30
• EBITDA Margin in Logistics: 25% target for FY30
• Consolidated Margins: Expected to range between 45% to 50%

Near-Term Projections

For the more immediate future, JSW Infrastructure has provided guidance for fiscal year 2026 (FY26):

• Cargo Volume Growth: Expected 8-10% increase, subject to iron ore market conditions
• Logistics Business Revenue: Projected ₹700.00-800.00 crore
• EBITDA Targets:
  • Overall: ₹100.00 crore
  • Navkar Subsidiary: ₹100.00 crore

Q2 FY2026 Performance Highlights

The company has also released its financial results for the second quarter of FY2026, demonstrating strong growth:

Strategic Developments

JSW Infrastructure has made several strategic moves to support its growth objectives:

1. Successful public hearings for proposed Greenfield ports at Keni (Karnataka) and Murbe (Maharashtra).
2. Acquisition of an 86-acre brownfield rail siding in Kudathini, Ballari (Karnataka) for development into a Multi-Modal Logistics Park.
3. Signing of a 30-year Concession Agreement for reconstruction and mechanisation of berths at Syama Prasad Mookerjee Port, Kolkata.
4. Announcement of a new multi-modal logistics park in Kudathini, Karnataka, scheduled to open within 2-3 months.

Financial Position

The company reports a strong balance sheet with:

• Net Debt: ₹1,810.00 Crore
• Cash and Bank Balance: ₹3,088.00 Crore
• Gross Debt: ₹4,898.00 Crore
• Net Debt to Operating EBITDA ratio: 0.75x

JSW Infrastructure has also secured an Investment Grade Rating (BBB-/Stable) from S&P Global Ratings and Fitch Ratings, underscoring its financial stability and growth potential.

As JSW Infrastructure continues to expand its capacity and diversify its operations, the company appears well-positioned to capitalize on the growing demand in India's port and logistics sector.

JSW Infrastructure Limited , India's second-largest private commercial port operator, has announced a significant expansion of its global operations through a strategic collaboration in Oman. The company's wholly-owned step-down subsidiary, JSW Overseas FZE, has entered into an agreement to acquire a 51% stake in South Minerals Port Company SAOC (Port SPV), a newly incorporated entity established by Minerals Development Oman (MDO).

Key Details of the Agreement

• Investment: The total project capex is set at $419 million.
• Capacity: The Port SPV will develop and operate a 27 Million Tonnes Per Annum (MTPA) capacity port.
• Timeline: Construction is expected to span 36 months, with commercial operations targeted to commence in the first half of 2029.
• Ownership Structure: JSW Overseas FZE will hold 51% equity, while MDO will retain 49%.

Strategic Significance

This collaboration marks a significant milestone in JSW Infrastructure's global expansion strategy and aligns with Oman's Vision 2040, which aims to diversify the country's economy beyond hydrocarbons.

Sajjan Jindal, Chairman of JSW Group, emphasized the importance of this partnership, stating, "This strategic investment will lay the foundation for deeper trade connectivity and economic cooperation. Together, we aim to build world-class assets that strengthen our long-term partnership and set a new benchmark for regional growth."

Operational and Economic Impact

The new port facility will be strategically located in the Dhofar Governorate of Oman, leveraging the country's position on key global maritime routes. It is expected to serve as a vital gateway for bulk mineral exports from MDO's concessions, particularly catering to the export of limestone, gypsum, and dolomite—critical inputs for India's steel and cement industries.

Rinkesh Roy, CEO & Joint Managing Director of JSW Infrastructure, highlighted the alignment with the company's strategic vision, saying, "It reinforces our strategic vision to scale operations while maintaining operational excellence and sustainable growth."

Future Outlook

This investment is a crucial step towards JSW Infrastructure's ambitious goal of expanding its cargo handling capacity from the current 177 MTPA to 400 MTPA by 2030. The project not only enhances JSW's global presence but also strengthens India-Oman economic ties, potentially opening new avenues for trade and cooperation in the region.

Financial and Regulatory Aspects

The transaction is subject to customary conditions precedent and regulatory approvals from relevant Omani authorities. The deal structure involves JSW Overseas FZE subscribing to new shares and acquiring one existing share from MDO's nominee shareholder.