JNK India Ltd
JIncorporated in 2010, JNK India Ltd is in the business of Technology based EPC Contracts and Solutions in Renewable Energy[1]
- Market Cap ₹ 1,343 Cr.
- Current Price ₹ 240
- High / Low ₹ 538 / 201
- Stock P/E 44.4
- Book Value ₹ 92.7
- Dividend Yield 0.12 %
- ROCE 14.9 %
- ROE 8.63 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.0%
Cons
- Earnings include an other income of Rs.22.1 Cr.
- Company has high debtors of 260 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 124 days to 211 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.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 138 | 296 | 407 | 480 | 477 | 562 | |
| 112 | 243 | 338 | 378 | 430 | 517 | |
| Operating Profit | 25 | 54 | 69 | 102 | 47 | 45 |
| OPM % | 18% | 18% | 17% | 21% | 10% | 8% |
| 1 | 1 | 4 | 3 | 18 | 22 | |
| Interest | 1 | 4 | 4 | 10 | 14 | 15 |
| Depreciation | 2 | 3 | 7 | 6 | 6 | 7 |
| Profit before tax | 23 | 48 | 63 | 89 | 44 | 45 |
| Tax % | 28% | 25% | 26% | 30% | 31% | |
| 16 | 36 | 46 | 63 | 30 | 30 | |
| EPS in Rs | 274.67 | 37.48 | 48.29 | 12.95 | 5.41 | 5.41 |
| Dividend Payout % | 0% | 0% | 0% | 2% | 6% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -6% |
| TTM: | -50% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -54% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 23% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.60 | 10 | 10 | 10 | 11 | 11 |
| Reserves | 36 | 63 | 113 | 186 | 493 | 508 |
| 12 | 15 | 44 | 66 | 19 | 24 | |
| 77 | 181 | 172 | 253 | 266 | 229 | |
| Total Liabilities | 125 | 268 | 338 | 514 | 789 | 772 |
| 3 | 20 | 21 | 23 | 29 | 28 | |
| CWIP | 0 | 0 | 0 | 3 | 6 | 8 |
| Investments | 0 | 11 | 0 | 0 | 0 | 0 |
| 122 | 237 | 317 | 487 | 755 | 736 | |
| Total Assets | 125 | 268 | 338 | 514 | 789 | 772 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 20 | 34 | 20 | -10 | -65 | |
| -17 | -25 | -25 | -15 | -14 | |
| -0 | 6 | -2 | 14 | 218 | |
| Net Cash Flow | 3 | 15 | -7 | -10 | 139 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 143 | 135 | 103 | 175 | 260 |
| Inventory Days | 74 | 245 | 213 | 134 | 61 |
| Days Payable | 358 | 178 | 103 | 242 | 159 |
| Cash Conversion Cycle | -140 | 203 | 212 | 67 | 162 |
| Working Capital Days | 29 | 22 | 64 | 98 | 211 |
| ROCE % | 76% | 53% | 46% | 15% |
Documents
Announcements
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Board Meeting Intimation for Consideration And Approval Of Unaudited (Standalone And Consolidated) Financial Results With Limited Review Report Of The Company For The Quarter And Nine Months Ended December 31, 2025
3m - Board meeting Feb 9, 2026 to approve unaudited Q3 and 9M results (Dec 31, 2025); trading window closed.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Jan - Compliance under regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended December 31, 2025
- Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Jan
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
8 Jan - Postal ballot to approve RPTs of Rs70.00 crore and Rs122.30 crore; e‑voting Jan 9–Feb 7, 2026.
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Closure of Trading Window
26 Dec 2025 - Trading window closed from Jan 1, 2026 until 48 hours after Unaudited Q3 (Dec 31, 2025) results.
Concalls
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
Business Overview:[1][2]
JNKIL is in the business of Heating Equipment. It has capabilities in thermal designing, engineering, manufacturing, supplying, installing, and commissioning process-fired heaters, reformers, and cracking furnaces. Company is diversifying into Waste Gas Handling (Flares and Incinerators) and Renewable Energy Systems (Hydrogen Production / Distribution Systems and Solar PV EPC. It also provides designing and on-site installation and aftersale/ maintenance services