Rising third-party mix, capex boost outlook for JSW Infra
Mint Hyderabad|December 25, 2024
In recent years, JSW Infrastructure Ltd has succeeded in raising the share of third-party cargo to 48% in H1FY24 from 25% in FY21.
Ashish Agrawal

In recent years, JSW Infrastructure Ltd has succeeded in raising the share of third-party cargo to 48% in H1FY24 from 25% in FY21. It helped improve capacity utilization to 63% in H1FY25 from 35% in FY21. The management has said that reaching 60% utilization helps achieve its target return on capital employed (ROCE) of 18%.

The company is investing ₹30,000 crore to expand cargo handling capacity to 400 million tonnes per annum (mtpa) by FY30 from 170 mtpa. Its net cash positive status as of September and improving cashflow should help meet funding needs. Promoter holding needs to come down to 75% over the next two years from 85.6%.

この記事は Mint Hyderabad の December 25, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Mint Hyderabad の December 25, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

MINT HYDERABADのその他の記事すべて表示
Mint Hyderabad

NRIs: TDS compliance for share buybacks

As a resident Indian promoter of a private limited company, I'm buying back shares from a non-resident individual who helped secure export orders. Does this payment fall under the LRS, and what TCS/TDS applies?

time-read
1 min  |
January 21, 2025
Mint Hyderabad

LTIMindtree's global markets head quits

TIMindtree Ltd's president of global markets, Sudhir Chaturvedi, has quit the company, leaving chief operating officer Nachiket Deshpande as the frontrunner to succeed current chief executive Debashis Chatterjee, whose term ends later this year.

time-read
1 min  |
January 21, 2025
Mint Hyderabad

High on hype: Is it still the rise of CBD products in India?

CBD products may be everywhere in India, but premium pricing and stigma continue to impact their acceptance

time-read
3 分  |
January 21, 2025
Mint Hyderabad

AI agent-based platforms are next big thing for biz: Google

Google's agentic models can execute tasks autonomously under human supervision

time-read
2 分  |
January 21, 2025
Mint Hyderabad

Macrotech moves HC to stop Abhinandan Lodha's firm using name

The House of Abhinandan Lodha was established in 2021 when Macrotech Developers went public

time-read
2 分  |
January 21, 2025
Mint Hyderabad

Does India's Fiscal Profile Need a Facelift?

The role of fiscal policy becomes more crucial in the current cyclical slowdown

time-read
3 分  |
January 21, 2025
Mint Hyderabad

India's credit guarantee scheme for startups holds high potential

It provides much needed collateral-free loans at a time when risk capital has been slowing down

time-read
3 分  |
January 21, 2025
Mint Hyderabad

Sebi Proposes Stricter Disclosure Norms for Non-Profit Entities

The Securities and Exchange Board of India (Sebi) on Monday floated a consultation paper proposing revisions to the Social Stock Exchange (SSE) framework.

time-read
1 min  |
January 21, 2025
Mint Hyderabad

Budget: Can India Switch to a Single Income Tax Rate?

The tax slab rate system has been a cornerstone of India's tax framework since inception.

time-read
3 分  |
January 21, 2025
Mint Hyderabad

Founders Step Back From PharmEasy, Eye Consumer Space

Siddharth Shah, the last of the co-founders, will continue to be the MD and CEO of the company

time-read
1 min  |
January 21, 2025