Navkar Corporation Ltd

- No explicit mention of any current or immediate future fundraising through debt or equity in the transcript. - As of March 2026, JSW Infrastructure reported a strong balance sheet with net debt of INR3,100 crores and a low net debt to operating EBITDA ratio of 1.2x, indicating substantial headroom for financing growth. - The company plans significant capex of INR16,500 crores over FY27 and FY28 (INR13,000 crores for ports, INR3,500 crores for logistics) funded presumably through internal accruals and existing capacity. - The management highlighted a strong balance sheet alongside increasing cash flows, positioning them well to pursue growth without stating new fundraising. - They did mention being well-positioned to handle growth, but no direct reference to new debt or equity issuance was made.

- JSW Infrastructure plans to invest approximately INR16,500 crores over FY '27 and FY '28. - Out of this, around INR13,000 crores is allocated for ports expansion. - INR3,500 crores is earmarked for growth in the Logistics segment. - Capex for the two years is split as 40% in FY '27 and 60% in FY '28. - Investments will include a mix of greenfield, brownfield, and M&A opportunities, particularly in the logistics space. - The company aims to enhance its present cargo handling capacity to 400 million tonnes. - Strategic focus includes bidding for terminals outside existing guidance and pursuing acquisitions within logistics. - The Oman port project’s concession agreement is under negotiation, indicating potential future investment. - Medium to long-term growth plans involve capacity expansions up to and beyond 2030, including ports at Keni and Jatadhar.

- JSW Infrastructure targets cargo handling capacity growth to 400 million tonnes by FY2030. - Logistics business aims for a top-line of INR8,000 crores by FY2030. - Consolidated operating EBITDA expected to grow 15% to INR3,000 crores in FY '27 and nearly double to INR5,000 crores in FY '28. - Ports capacity additions are key drivers for revenue and EBITDA growth. - Expansion plans include increasing capacities at ports like Dolvi, Dharamtar (24 to 38 MT), Jaigarh (20-21 to 33-34 MT), and Jatadhar, with steel plant expansions boosting volume demand. - Logistics EBITDA guided at INR400 crores in FY '27 and INR700 crores in FY '28, driven by Navkar capacity utilization and expansion of rakes and ICDs. - Aim for 25% CAGR growth beyond FY2030 by expanding existing portfolios and acquiring new terminals. - The company is actively considering acquisitions in the logistics space and bidding for new terminals.

- JSW Infrastructure targets a 25% CAGR growth in earnings beyond FY2030, driven by continued expansion in ports and logistics. - Operating EBITDA is expected to grow from INR2,600 crores in FY26 to: - INR3,000 crores in FY27 (15% growth) - INR5,000 crores in FY28 (nearly doubling from FY26 base) - Logistics EBITDA guidance is INR400 crores in FY27 and INR700 crores in FY28. - Capacity additions and sustained contributions from logistics assets are key drivers of this growth. - Post-FY30, growth is supported by steel plant expansions and newly added port capacities like Keni and Oman. - Long-term EBITDA target ranges around INR8,000 to INR10,000 crores by FY30 with continued 15%-20% growth thereafter. - Project IRRs are targeted at 16% for greenfield and 20-21% for brownfield expansions, supporting strong profitability.

The transcript does not explicitly mention the current or expected order book or pending orders for JSW Infrastructure Limited. However, relevant information related to growth and expansions that may imply ongoing or upcoming orders includes: - Plans to invest INR16,500 crores over FY '27 and FY '28, with INR13,000 crores for ports and INR3,500 crores for logistics. - Logistics segment EBITDA guidance: INR400 crores in FY '27 and INR700 crores in FY '28. - Expansion involving additional rakes for logistics: 25 existing rakes plus 40 more ordered, with continuous orders expected. - Ongoing bidding and acquisition opportunities, including privatization of terminals and expansions at existing ports. - Targeting 25% CAGR growth beyond FY '30 with cargo handling capacity expansion to 400 million tonnes. - Actively looking for acquisitions in logistics space (greenfield, brownfield, M&A). No specific order book value or pending orders quantified in the transcript.