Jinkushal Industries Ltd
Founded in November 2007, Jinkushal Industries Limited is an export trading company supplying construction machinery globally.[1]
- Market Cap ₹ 394 Cr.
- Current Price ₹ 103
- High / Low ₹ 128 / 45.4
- Stock P/E 31.6
- Book Value ₹ 43.2
- Dividend Yield 0.00 %
- ROCE 11.3 %
- ROE 11.1 %
- 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 24.0%
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 69.3 days to 155 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 | 292 | |
| Operating Profit | 3 | 10 | 14 | 24 | 21 | 22 |
| OPM % | 4% | 6% | 6% | 10% | 10% | 7% |
| 1 | 2 | 0 | 4 | 4 | 1 | |
| 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: | 41% |
| 3 Years: | 7% |
| TTM: | -23% |
| 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% | -502% |
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 | 13 |
| Days Payable | 24 | 16 | 6 | 28 | 56 | 41 |
| Cash Conversion Cycle | 13 | 13 | 21 | 76 | 122 | 226 |
| Working Capital Days | 16 | 6 | -8 | 14 | 39 | 155 |
| ROCE % | 54% | 42% | 41% | 24% | 11% |
Insights
In beta| Mar 2017 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Countries Exported To Number |
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| B2B Suppliers Network Number |
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| HexL (Own Brand) Machines Sold Units |
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| New (Customized) Machines Sold Units |
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| Repeat Customer Revenue Contribution % |
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| Total Employees Number |
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| Total Machines Sold Units |
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| Used and Refurbished Machines Sold Units |
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| Market Share (Non-OEM Exports from India) % |
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| Skilled In-house Technicians Number |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
17h - Q4 FY26 earnings call held on 12 June 2026; audio recording available on company website.
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Announcement under Regulation 30 (LODR)-Investor Presentation
24h - Submission of Investor Presentation on Financial Results for Q4 and FY 2025-26.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
8 Jun - Pre- Intimation of schedule of Q4 FY26 Earnings Call
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
8 Jun - Pre Intimation of Schedule of Q4 FY 26 Earning Call
- Announcement under Regulation 30 (LODR)-Newspaper Publication 31 May
Concalls
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Jun 2026TranscriptPPT REC
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Jun 2026TranscriptPPTREC
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Feb 2026TranscriptPPT
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Nov 2025Transcript PPT REC
Business Overview
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.