Jinkushal Industries Ltd
Founded in November 2007, Jinkushal Industries Limited is an export trading company supplying construction machinery globally.[1]
- Market Cap ₹ 376 Cr.
- Current Price ₹ 98.0
- High / Low ₹ 128 / 45.4
- Stock P/E 29.2
- Book Value ₹ 43.2
- Dividend Yield 0.00 %
- ROCE 11.6 %
- ROE 11.4 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 24.2%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 253 days.
- Working capital days have increased from 60.6 days to 129 days
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 76 | 177 | 233 | 239 | 212 | 313 | |
| 73 | 167 | 219 | 215 | 191 | 291 | |
| Operating Profit | 3 | 10 | 14 | 24 | 21 | 22 |
| OPM % | 4.0% | 6% | 6% | 10% | 10% | 7% |
| 1 | 2 | 0 | 4 | 4 | 0 | |
| Interest | 1 | 1 | 1 | 2 | 4 | 5 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | 11 | 13 | 25 | 21 | 17 |
| Tax % | 25% | 24% | 24% | 24% | 23% | 25% |
| 2 | 9 | 10 | 19 | 16 | 12 | |
| EPS in Rs | 158.27 | 616.55 | 728.06 | 1,360.43 | 1,156.83 | 3.24 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 10% |
| TTM: | 48% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 42% |
| 3 Years: | 8% |
| TTM: | -20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 24% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 38 |
| Reserves | 6 | 14 | 24 | 43 | 59 | 127 |
| 8 | 12 | 16 | 46 | 55 | 101 | |
| 9 | 12 | 9 | 19 | 30 | 44 | |
| Total Liabilities | 22 | 38 | 49 | 108 | 144 | 310 |
| 6 | 5 | 9 | 10 | 9 | 8 | |
| CWIP | 0 | 1 | 1 | 0 | 0 | 1 |
| Investments | 1 | 7 | 9 | 18 | 27 | 24 |
| 16 | 25 | 31 | 80 | 108 | 278 | |
| Total Assets | 22 | 38 | 49 | 108 | 144 | 310 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 3 | 3 | 10 | -25 | -6 | -113 | |
| -1 | -5 | -5 | -8 | -5 | 0 | |
| -1 | 3 | 4 | 27 | 5 | 135 | |
| Net Cash Flow | 0 | 1 | 10 | -5 | -6 | 22 |
| Free Cash Flow | 3 | 4 | 6 | -26 | -6 | -116 |
| CFO/OP | 112% | 58% | 94% | -81% | -6% | -489% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 7 | 1 | 1 | 92 | 153 | 253 |
| Inventory Days | 30 | 28 | 26 | 13 | 25 | 14 |
| Days Payable | 24 | 16 | 6 | 28 | 56 | 42 |
| Cash Conversion Cycle | 13 | 13 | 21 | 76 | 122 | 225 |
| Working Capital Days | 16 | 6 | -8 | 14 | 39 | 129 |
| ROCE % | 54% | 42% | 41% | 24% | 12% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| HexL own brand revenue share % of revenue |
|
||
| Mexico revenue share (largest export market) % of revenue |
|||
| New/Customized machines revenue share % of revenue |
|||
| Number of active customers (for sale of machines) count |
|||
| Top 5 customer concentration % of revenue |
|||
| Total machines sold units |
|||
| Used/Refurbished machines revenue share % of revenue |
|||
Extracted by Screener AI
Documents
Announcements
-
Intimation Of Record Date For Remote E-Voting.
27 Jul - 19th AGM on 12 Aug 2026; record date 5 Aug; remote e-voting 8-11 Aug 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
20 Jul - Publication of Notice by way of an Advertisment in respect of 19th Anuual General Meeting of the Company
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
20 Jul - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 2026.
-
Intimation Of Notice Of 19Th Annual General Meeting (AGM) Of Jinkushal Industries Limited
18 Jul - AGM on 12 Aug 2026 includes approval of Abhinav Jain’s Managing Director redesignation.
- Reg. 34 (1) Annual Report. 18 Jul
Concalls
-
Jun 2026TranscriptPPT REC
-
Jun 2026TranscriptPPTREC
-
Feb 2026TranscriptPPT
-
Nov 2025Transcript PPT REC
Business Overview:[1][2]
The company is the largest non-OEM construction machine exporter from India,
with a 6.9% market share. The company
exports new, customized, used, and refurbished construction equipment worldwide, offering clients tailored solutions to bypass long lead times typical for new equipment delivery.