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Earnings Call

Jinkushal Industries Earnings Call: Key Takeaways

Jinkushal Industries, a leading non-OEM construction machinery exporter, reported FY26 export value of ₹35,331.26 Lakhs following its Oct 2025 listing.

Highlights
MarginsROE 28.30%, ROCE 18.39%, RONW 21.22% reported.
Demand visibilityStrong global infrastructure demand drives used equipment uptake.
Management confidenceHigh; emphasizing 3-star export status and asset-light model.

Growth

Annual revenue crossed ₹100 Cr in FY22; cumulative export value reached ₹353.31 Cr by March 2026.

Outlook

Focusing on HexL brand expansion, electric construction machinery, and optimizing working capital cycles.

Risks

Exposed to global economic performance, international competition, and currency risks across 35+ countries.

Last quarter's promises, checked

Delivered

  • Targeted 27% standalone revenue growth → delivered 27% (₹184 Cr) (= BEAT)
  • Guided 12-14% PAT margin for HexL → delivered 12-14% (= BEAT)
  • Planned ₹70 Cr overseas inventory build → delivered ₹70 Cr (= BEAT)

Partly delivered

  • Targeted ₹800 Cr revenue in 3 years → on track but Q3 consolidated dip reported (= PARTIAL)
  • Guided 120-150 day working capital cycle → cycle extended due to inventory build (= PARTIAL)
Source

Earnings Call filed with NSE, NSE: JKIPL. Summary written with AI assistance from the document.

Read the document ↗

Jinkushal Industries Ltd: key numbers

Share price
₹96.28
Market cap
₹369.6 Cr
Revenue (annual)
₹357.6 Cr
Net profit (annual)
₹12.09 Cr
P/E (TTM)
43.3×Sector 41.4×
Promoter holding
74.99%+0.00% QoQ
FII holding
2.12%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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20:13 IST NSE
Credit Rating

Jinkushal Industries Credit Rating

CRISIL Ratings reaffirmed Jinkushal Industries Limited's credit ratings at CRISIL BBB/Negative and CRISIL A3+, covering bank facilities totaling Rs.250 Crore.

21:14 IST BSE
Merger & Restructuring

Jinkushal Industries Merger & Restructuring Worth ₹0.95 Cr

Jinkushal Industries has incorporated a wholly-owned subsidiary, HEXCO GLOBAL HK LIMITED, in Hong Kong to expand its international business activities in the East Asia region.

Value
₹0.95 Cr
19:19 IST BSE
Promoter Selling (Off-Market)

Jinkushal Industries Promoter Selling (Off-Market): ₹16.12 Cr

Promoter Sandhya Jain transferred 14.87 lakh shares (3.87% stake) to Anubhavi Jain via gift. The transaction value is approximately ₹16.12 Crore.

Value
₹16.12 Cr
Promoter stake change
-3.87%
18:58 IST BSE
Promoter Buying (Off-Market)

Jinkushal Industries Promoter Buying (Off-Market): ₹161.2 Cr

Promoter Mrs. Sandhya Jain gifted 14,87,300 shares to Ms. Anubhavi Jain in an off-market inter-se transfer. This transaction aligns with PIT regulation exemptions.

Value
₹161.2 Cr
Promoter stake change
+3.87%
18:50 IST BSE
Promoter Buying (Off-Market)

Jinkushal Industries Promoter Buying (Off-Market)

Ms. Anubhavi Jain (Promoter) acquired 14.87 lakh shares, representing a 3.87% stake, of Jinkushal Industries from Mrs. Sandhya Jain via an off-market inter-se gift.

Promoter stake change
+3.87%