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JSW Infrastructure debuts with 32% listing gain, becomes debt-free post-IPO

EditorAmbhini Aishwarya
Published 10/03/2023, 05:56 AM
© Reuters.

JSW Infrastructure has made a strong debut on Tuesday, marking a 32% listing gain. The company's competitive EV/EBITDA and trailing PE ratios have been brought to the forefront, showing a promising comparison to Adani Ports. The commercial port operator, known for its significant cargo handling capacity, has also broadened its services to non-JSW clients.

The transformation of JSW Infrastructure into an end-to-end logistics solutions provider is evident in its robust financial performance. The company has reported strong revenue and EBITDA growth, reflecting its successful diversification efforts.

Post-IPO, JSW Infrastructure has achieved a debt-free status. In the June quarter, the company maintained a healthy EBITDA margin. Furthermore, it reported a high net profit margin in Q1FY24.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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