J Kumar Infraprojects Ltd

J Kumar Infraprojects Ltd

₹ 620 -5.43%
07 Nov - close price
About

J Kumar Infraprojects Limited is engaged in the business of execution of contracts of various infrastructure projects including Transportation Engineering, Irrigation Projects, Civil Construction and Piling Work etc. [1]

Key Points

Business Overview
The company undertakes the design and construction of elevated and underground metro projects, roads, flyovers, bridges, and other civil construction activities on a turnkey basis. [1] It is amongst the top 5 EPC players eligible to undertake underground metro projects and amongst few companies qualified to undertake elevated & underground metro projects. [2]

  • Market Cap 4,688 Cr.
  • Current Price 620
  • High / Low 828 / 566
  • Stock P/E 11.5
  • Book Value 419
  • Dividend Yield 0.65 %
  • ROCE 20.0 %
  • ROE 13.8 %
  • Face Value 5.00

Pros

Cons

  • Company has a low return on equity of 13.2% over last 3 years.
  • Contingent liabilities of Rs.2,963 Cr.
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
1,013 1,062 1,134 1,131 1,104 1,219 1,425 1,282 1,292 1,487 1,633 1,479 1,337
867 911 975 969 945 1,039 1,222 1,097 1,104 1,268 1,398 1,263 1,143
Operating Profit 146 152 159 162 160 179 203 184 188 219 235 216 194
OPM % 14% 14% 14% 14% 14% 15% 14% 14% 15% 15% 14% 15% 15%
10 6 9 7 6 7 9 9 8 7 10 11 12
Interest 25 22 27 27 27 33 37 33 33 47 43 38 39
Depreciation 37 39 41 41 42 43 41 41 41 42 45 45 42
Profit before tax 93 97 100 100 96 111 134 120 122 136 157 144 125
Tax % 27% 26% 26% 27% 23% 26% 26% 28% 26% 27% 27% 29% 27%
68 71 74 73 73 83 100 86 90 100 114 103 91
EPS in Rs 8.93 9.39 9.76 9.63 9.71 10.92 13.17 11.42 11.92 13.18 15.08 13.58 12.09
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
1,187 1,343 1,409 1,604 2,051 2,787 2,971 2,571 3,527 4,203 4,879 5,693 5,935
981 1,093 1,160 1,354 1,730 2,351 2,542 2,259 3,023 3,606 4,175 4,867 5,071
Operating Profit 206 251 248 251 321 436 429 311 505 597 704 826 864
OPM % 17% 19% 18% 16% 16% 16% 14% 12% 14% 14% 14% 15% 15%
11 13 17 31 29 28 28 25 25 30 28 33 39
Interest 58 77 62 66 70 94 98 104 100 99 124 155 167
Depreciation 35 47 51 56 73 102 126 144 147 155 168 169 173
Profit before tax 124 139 153 160 207 268 233 89 283 374 441 535 563
Tax % 32% 32% 36% 33% 34% 34% 21% 28% 27% 27% 25% 27%
84 94 98 107 137 177 184 64 206 274 329 390 408
EPS in Rs 15.12 14.63 13.02 14.18 18.05 23.40 24.26 8.45 27.21 36.26 43.43 51.60 53.93
Dividend Payout % 12% 14% 15% 14% 11% 10% 5% 12% 11% 10% 9% 8%
Compounded Sales Growth
10 Years: 16%
5 Years: 14%
3 Years: 17%
TTM: 14%
Compounded Profit Growth
10 Years: 15%
5 Years: 16%
3 Years: 24%
TTM: 14%
Stock Price CAGR
10 Years: 5%
5 Years: 42%
3 Years: 32%
1 Year: -18%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 13%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 28 32 38 38 38 38 38 38 38 38 38 38 38
Reserves 547 757 1,254 1,353 1,471 1,630 1,793 1,849 2,049 2,302 2,604 2,967 3,132
557 515 354 437 580 691 708 567 472 547 593 673 751
521 388 318 936 1,272 1,139 1,141 1,191 1,386 1,469 1,473 1,935 2,276
Total Liabilities 1,653 1,692 1,964 2,763 3,362 3,497 3,680 3,645 3,944 4,356 4,708 5,612 6,197
326 430 430 511 716 779 854 806 790 925 971 1,149 1,265
CWIP 175 63 68 71 126 80 99 150 152 107 111 98 292
Investments 2 1 179 0 15 32 1 2 2 1 1 2 3
1,150 1,198 1,287 2,180 2,504 2,607 2,725 2,688 3,000 3,323 3,625 4,363 4,637
Total Assets 1,653 1,692 1,964 2,763 3,362 3,497 3,680 3,645 3,944 4,356 4,708 5,612 6,197

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-25 59 64 -22 265 83 259 369 381 183 336 375
-238 -53 -226 65 -323 -108 -123 -111 -91 -186 -193 -306
252 3 171 10 55 -1 -148 -271 -224 -43 -105 -105
Net Cash Flow -12 8 9 53 -3 -27 -11 -13 65 -46 38 -35

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 41 55 77 111 94 65 79 88 92 99 89 95
Inventory Days 303 248 200 243 246 195 63 65 59 51 55 49
Days Payable 97 62 47 68 99 64 92 104 92 83 68 82
Cash Conversion Cycle 246 241 230 286 241 196 50 49 59 68 77 63
Working Capital Days -15 6 81 20 2 19 22 15 59 60 70 56
ROCE % 19% 18% 15% 13% 14% 16% 14% 8% 15% 17% 18% 20%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
46.64% 46.64% 46.64% 46.64% 46.64% 46.64% 46.64% 46.64% 46.64% 46.64% 46.64% 46.64%
9.85% 9.81% 10.06% 10.01% 8.70% 10.14% 10.47% 9.99% 10.50% 11.95% 12.60% 12.85%
13.04% 13.04% 13.31% 14.79% 16.64% 16.53% 16.94% 16.58% 16.17% 15.50% 15.42% 15.41%
30.47% 30.51% 30.00% 28.54% 28.00% 26.70% 25.95% 26.78% 26.68% 25.90% 25.33% 25.09%
No. of Shareholders 28,01628,90226,84527,14936,52640,92352,28966,69174,07860,58557,02955,240

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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