JSW Infrastructure: Motilal Oswal Slams BUY Button! Rs 360 Target & Explosive Growth Ahead!

Motilal Oswal's latest research report highlights JSW Infrastructure's strong historical volume growth, outperforming major ports with rates of approximately 15% and 9% in FY24 and FY25, respectively, compared to industry averages of 8% and 5%. However, the report notes a slowdown in volume growth for the first half of FY26, recording only a 4% year-on-year increase. This moderation is attributed to a planned maintenance shutdown at JSW Steel's Dolvi plant and weaker performance at the Paradip iron ore terminal.

Despite this short-term deceleration, Motilal Oswal maintains a positive long-term outlook, emphasizing that the company's extensive expansion plans across its port network remain on schedule. These initiatives are expected to drive sustained volume growth in the future.

The brokerage reiterates its 'BUY' recommendation for JSW Infrastructure, setting a price target (TP) of INR360. This target is based on a valuation multiple of 17 times the projected FY28 Enterprise Value to EBITDA.

Impact This research report, with its 'BUY' rating and attractive price target, is expected to positively influence investor sentiment towards JSW Infrastructure. The projected strong compound annual growth rates (CAGRs) for volume, revenue, and EBITDA suggest significant upside potential, potentially leading to increased buying interest in the stock. Rating: 8/10

Difficult Terms: CAGR (Compound Annual Growth Rate): The average annual growth rate of an investment over a specified period longer than one year. It smooths out volatility and provides a representative growth figure. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): A measure of a company's operating performance, indicating profitability before accounting for non-operating expenses. EV/EBITDA (Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization): A valuation ratio used to compare a company's total value to its earnings, often used to assess a company's worth relative to its operational cash flow.