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Investor Presentation

John Cockerill India Investor Presentation: Key Takeaways

John Cockerill India (JCIL) reported strong YoY standalone revenue growth of 82% in Q2 CY26. Consolidation of Chinese, German, and Belgian entities marks a strategic shift towards an integrated global platform.

Highlights
Revenue growthStandalone 82% YoY; Consolidated 18% YoY for Q2.
MarginsMargins temporarily impacted by execution stage mix and transitionary costs.
Order bookConsolidated: ₹45,989 mn; Standalone: ₹22,620 mn as of Jun-26.
Demand visibilityStrong customer enquiries and steady pace of order wins.
Management confidenceHigh, citing robust order backlog and India's steel market attractiveness.

Growth

Standalone revenue grew 82% YoY to ₹1,492 mn; H1 revenue rose 120%. Consolidated H1 revenue reached ₹6,431 mn.

Outlook

Order backlog stands at ₹45,989 million. Focus on green steel technologies like Volteron and hydrogen-based steelmaking.

Risks

Q2 profitability impacted by integration/realignment costs and project execution stages without margin contribution.

Last quarter's promises, checked

Delivered

  • Guided positive Q1 EBITDA → delivered ₹49 mn (= BEAT)
  • Guided Standalone Revenue Growth → delivered 162% YoY (= BEAT)
  • Guided standalone order book growth → delivered ₹13,000 mn / 101% YoY (= BEAT)

Partly delivered

  • Guided margin improvement → delivered 1.4% console margin due to integration costs (= PARTIAL)
Source

Investor Presentation 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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