JSW Infrastructure Limited (JSWINFRA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of JSW Infrastructure Limited stock ₹126, price ₹338, that is 62.8% below the price, quality 43 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
37‑month range ₹156.17 – ₹367.60 · fair‑value band ₹89.44 – ₹162.20 · the ₹338.30 price screens above the ₹125.82 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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JSW Infrastructure Limited, an infrastructure development company, operates commercial ports in India and internationally. It operates in two segments, Port Operations and Logistic Operation.
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The company's activities include developing, operating, and maintaining port services; ports related infrastructure development activities; and developing infrastructure projects. It also provides maritime related services, including cargo handling, storage, logistics, and other value-added services.
In addition, the company develops and operates ports and port terminals. JSW Infrastructure Limited was formerly known as JSW Infrastructure & Logistics Limited and changed its name to JSW Infrastructure Limited in March 2008. The company was founded in 1999 and is based in Mumbai, India.
JSW Infrastructure Limited is a subsidiary of Sajjan Jindal Family Trust.
Stock analysis
JSW Infrastructure Limited (JSWINFRA) currently trades at ₹338.30, while our model-based Fair Value estimate is ₹125.82, 63% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹194.07 per share, and 0 of the 16 models we run sit above the ₹338.30 price.
Bear case: the Asset-Based group reads lowest at ₹22.47, and 16 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ₹89.44 (bear) to ₹162.20 (bull), the price of ₹338.30 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 43/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
JSW Infrastructure Limited reported revenue of ₹53.6B in FY2026 versus ₹22.5B in FY2022, a compound +24.3%/yr. Reported net income was ₹15.2B in FY2026, compounding +46.8%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹708B (≈ $7.5B) Mid · P/E ratio 49.0 · P/S ratio 12.7 · EPS (TTM) ₹6.91 · Dividend yield 0.3% · Net margin 24.9% · Return on equity 9.9% · Return on assets (EBIT) 10.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 63 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 45% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 13% fair-value upside, at −63%, JSWINFRA screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹9.28 to ₹310.56). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear₹89.44Fair Value ₹125.82Bull₹162.20
Price ₹338.30 · Downside -62.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (₹3.66 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+19.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+19.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+27.7%
Start year 2021 (pandemic). Over 10 years: +22.2% a year
Revenue growth 12 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+22.0%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−31.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−31.6%
Dividend (yield on the price)0.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−31.6% vs −15.4%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.35% → 37%
Pace: the 5-year rate starts in 2021 (pandemic)
⚠ Revenue per share shrinking 13.8%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare JSW Infrastructure Limited with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Marine Shipping · 220 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score43 · Bottom 25%
Fair Value upside−62.8% · Bottom 25%
Profitability
Return on equity (12 months)9.9% · Above median
Return on assets7.5% · Above median
Net margin (12 months)24.9% · Above median
Operating margin (12 months)0.0% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)17.0% · Above median
Dividend yield (12 months)0.3% · Bottom 25%
Balance sheet
Debt / equity0.55× · Above median
Valuation Multiplesvs Marine Shipping median · lower = cheaper
P/E (12 months)49.0× · Priciest 25%
P/B6.51× · Priciest 25%
P/S (12 months)12.67× · Priciest 25%
EV/EBITDA28.0× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 44
FUTURE (revenue growth)85· sector 60
PAST (return on equity)40· sector 36
HEALTH (low debt)73· sector 89
DIVIDEND (yield)5· sector 61
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is JSW Infrastructure Limited (JSWINFRA) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of ₹125.82 versus a price of ₹338.30, about 63% lower (overvalued).
What is the fair value of JSWINFRA?
Our model-based fair value for JSW Infrastructure Limited is ₹125.82 (as of Nov 8, 2026), built from audited fundamentals. The current price: ₹338.30.
What is the quality score of JSWINFRA?
JSW Infrastructure Limited has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for JSW Infrastructure Limited (JSWINFRA)?
Our model-based price target is the fair value of ₹125.82 (as of Nov 8, 2026) from 16 valuation models. Cautious scenario ₹89.44, optimistic scenario ₹162.20. It is a calculation from audited fundamentals, not an analyst target.
What is the JSW Infrastructure Limited stock forecast for 2026?
Our models put fair value at ₹125.82, about 63% lower versus a price of ₹338.30 (overvalued). Cautious scenario ₹89.44, optimistic scenario ₹162.20. The calculation is refreshed regularly with new filings.
What is the revenue of JSW Infrastructure Limited (JSWINFRA)?
JSW Infrastructure Limited reported trailing-twelve-month revenue of about ₹55.9B (latest available figure, as of Nov 8, 2026).
Does JSW Infrastructure Limited pay a dividend?
JSW Infrastructure Limited currently shows a dividend yield of 0.27% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of JSW Infrastructure Limited (JSWINFRA) and when is the ex-dividend date?
JSW Infrastructure Limited pays a dividend of ₹0.9 per share a year, a dividend yield of 0.3%. The last ex-dividend date was Jun 18, 2026. The payout ratio is 13.0% of earnings. Our assessment: Token dividend. At a yield of 0.3% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.3% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of JSW Infrastructure Limited (JSWINFRA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For JSW Infrastructure Limited it is ₹125.82 per share (as of Nov 8, 2026), against a price of ₹338.30. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is JSW Infrastructure Limited stock overvalued or undervalued in 2026?
As of Nov 8, 2026, JSWINFRA trades above its calculated fair value: price ₹338.30, fair value ₹125.82, a gap of about −63% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of JSWINFRA?
No. The price is what the market pays today (₹338.30); the fair value is what the company's own numbers justify (₹125.82). For JSW Infrastructure Limited the two are ₹212.48 per share apart. That gap is exactly why we show both numbers side by side.
How much is JSW Infrastructure Limited worth?
The market values JSW Infrastructure Limited at about ₹708B (market capitalisation, as of Nov 8, 2026). Per share that is ₹338.30; our models calculate a fair value of ₹125.82 per share.
What do the bullish and bearish scenarios say about JSWINFRA?
Our models span a range for JSW Infrastructure Limited: cautious scenario ₹89.44, base ₹125.82, optimistic ₹162.20 per share (as of Nov 8, 2026, price ₹338.30). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of JSWINFRA?
JSW Infrastructure Limited trades at a price-to-earnings ratio of 49.0 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹125.82 is built from several models across several years. Other multiples: P/B 6.5, P/S 12.7, EV/EBITDA 28.0.
How solid is the balance sheet of JSW Infrastructure Limited (JSWINFRA)?
Balance-sheet figures for JSW Infrastructure Limited (as of Nov 8, 2026): return on equity 9.9%, debt of 0.55 per unit of equity. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is JSWINFRA from its 52-week high?
JSW Infrastructure Limited trades at ₹338.30, about 8% below its 52-week high of ₹367.60 and 45% above the low of ₹233.61 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of ₹125.82 is for.
Which stocks are comparable to JSW Infrastructure Limited?
From the same area (Industrials) we also value Adani Ports and Special Economic Zone Limited, COSCO SHIPPING Holdings, Hapag-Lloyd Aktiengesellschaft,, Shanghai International Port (Group) Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is JSW Infrastructure Limited stock attractive at the current price?
The data as of Nov 8, 2026: price ₹338.30, calculated fair value ₹125.82 (−63%), Quality Score 43/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of JSWINFRA calculated?
We run JSW Infrastructure Limited through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ₹125.82 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. JSW Infrastructure Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of JSW Infrastructure Limited (JSWINFRA)?
The closing price on Nov 6, 2026 was ₹338.30. Our model-based fair value is ₹125.82, about 63% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with JSW Infrastructure Limited right now?
The price sits above even our optimistic bull case (₹162.20). The favourable scenario is already priced in. Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (₹89.44 to ₹162.20) leaves room in how you read the outcome.
Where does the earnings growth of JSW Infrastructure Limited (JSWINFRA) come from?
Earnings per share at JSW Infrastructure Limited grew −17.2 % a year from 2015 to 2026. Broken into its drivers: revenue per share −17.5 %, EBIT margin −6.2 %, tax rate −0.1 %, residual (interest, one-offs) +7.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of JSW Infrastructure Limited
How large is the market capitalisation of JSW Infrastructure Limited (JSWINFRA)?
The market capitalisation of JSW Infrastructure Limited is ₹708B (≈ $7.5B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of JSW Infrastructure Limited (JSWINFRA)?
The price-to-sales ratio of JSW Infrastructure Limited is 12.7 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of JSW Infrastructure Limited (JSWINFRA)?
Earnings per share at JSW Infrastructure Limited are ₹6.91 (price ÷ EPS = P/E 49.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of JSW Infrastructure Limited (JSWINFRA)?
The dividend yield of JSW Infrastructure Limited is 0.3% (payout 13.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of JSW Infrastructure Limited (JSWINFRA)?
The net margin of JSW Infrastructure Limited is 24.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of JSW Infrastructure Limited (JSWINFRA)?
The return on equity (ROE) of JSW Infrastructure Limited is 9.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of JSW Infrastructure Limited (JSWINFRA)?
On an EBIT basis the return on assets of JSW Infrastructure Limited is 10.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How fast is revenue growing at JSW Infrastructure Limited (JSWINFRA)?
Revenue at JSW Infrastructure Limited is growing +17.0% versus a year earlier (3y avg +19.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at JSW Infrastructure Limited (JSWINFRA)?
Earnings per share at JSW Infrastructure Limited are growing −21.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does JSW Infrastructure Limited (JSWINFRA) generate?
The free cash flow of JSW Infrastructure Limited is −₹5.1B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does JSW Infrastructure Limited (JSWINFRA) carry?
The net debt of JSW Infrastructure Limited is ₹45.8B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 8, 2026