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Earnings Call

John Cockerill India Earnings Call: Key Takeaways

JCIL Q1CY26 shows robust recovery with standalone revenue growth of 162% YoY. Consolidation of global Metals business completed, positioning India as a global manufacturing hub.

Why this was an Alfa AlertNot a filter event. While growth is high, management did not state results exceeded specific prior guidance ranges.
Highlights
Revenue growthStandalone +162% YoY; Consolidated +56% YoY.
MarginsConsolidated Material Margin at 55.2%; EBITDA margin recovering to 1.4%.
Order bookConsolidated: ~INR 33,000 Mn; Standalone: INR 13,212 Mn (+101% YoY).
Demand visibilityStrong driven by India infrastructure and global decarbonization trends.
Management confidenceHigh; citing stronger foundation and next growth phase beginning.

Growth

Standalone revenue: ₹2,000 Mn (+162% YoY); EBITDA: ₹114 Mn (vs -₹4 Mn YoY); Consolidated revenue: ₹3,445 Mn (+56% YoY).

Outlook

Order book visibility strong at ₹33,000 Mn consolidated. Expansion into China with new Shanghai office; focus on green steel technologies.

Risks

Regulatory changes in Labour Code impact earnings; exposure to international market fluctuations and execution timelines in large contracts.

Source

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

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John Cockerill India Ltd: key numbers

Share price
₹7,962.70
Market cap
₹3,932 Cr
Revenue (annual)
₹357.6 Cr
Net profit (annual)
₹10.31 Cr
P/E (TTM)
334.0×Sector 53.6×
Promoter holding
70.44%+0.00% QoQ
FII holding
0.32%Current quarter

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

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Management Change

John Cockerill India Management Change

John Cockerill India Limited announced the resignation of Mr. Vivek Mukund Bhide from his position as Non-Executive Non-Independent Director, effective September 15, 2026.