JNK India Ltd
NSE: JNKINDIA BSE: 544167Energy
JIncorporated in 2010, JNK India Ltd is in the business of Technology based EPC Contracts and Solutions in Renewable Energy[1]
₹329
52W: ₹201 — ₹398
PE 39.6 · Book ₹92.6 · +255% vs bookMarket Cap₹1,841 Cr
Stock P/E39.6Price to Earnings
ROCE14.9%Return on Capital
ROE8.63%Return on Equity
Div. Yield0.09%Face Value ₹2
Strengths
- +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 22.9%
Weaknesses
- −Earnings include an other income of Rs.22.8 Cr.
- −Company has high debtors of 261 days.
- −Working capital days have increased from 125 days to 211 days
Shareholding Pattern
Promoters67.8%
FIIs1.18%
DIIs12.57%
Public18.48%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 67.97% | 67.97% | 67.78%▼0.2 | 67.79%▲0.0 | 67.6%▼0.2 | 67.6% | 67.8%▲0.2 | 67.8% |
| FIIs | 3.5% | 3.41%▼0.1 | 3.13%▼0.3 | 3.06%▼0.1 | 2.87%▼0.2 | 2.7%▼0.2 | 1.73%▼1.0 | 1.18%▼0.6 |
| DIIs | 18.53% | 18.67%▲0.1 | 18.44%▼0.2 | 17.87%▼0.6 | 17.44%▼0.4 | 15.76%▼1.7 | 14.13%▼1.6 | 12.57%▼1.6 |
| Public | 9.98% | 9.95%▼0.0 | 10.64%▲0.7 | 11.29%▲0.6 | 12.09%▲0.8 | 13.94%▲1.8 | 16.35%▲2.4 | 18.48%▲2.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 97 | 120 | 224 | 88 | 103 | 94 | 189 | 99 | 178 | 179 |
| Expenses | 75 | 79 | 193 | 78 | 91 | 87 | 171 | 95 | 161 | 154 |
| Operating Profit | 21 | 41 | 31 | 10 | 12 | 7 | 18 | 3 | 17 | 25 |
| OPM % | 22% | 34% | 14% | 11% | 11% | 7% | 10% | 3% | 10% | 14% |
| Net Profit | 12 | 30 | 16 | 7 | 7 | 3 | 13 | 1 | 14 | 18 |
| EPS ₹ | 2.58 | 6.22 | 3.35 | 1.17 | 1.34 | 0.52 | 2.38 | 0.21 | 2.43 | 3.3 |
AI Insights
Revenue Trend
TTM revenue at ₹645Cr, up 36.4% YoY. OPM at 10%.
Debt Position
Borrowings at ₹24Cr. Debt-to-equity ratio: 0.05x. Healthy balance sheet.
Capex Cycle
CWIP at ₹8Cr (29% of fixed assets). Significant capex underway — growth runway building.
Institutional Flow
DIIs: 12.57% (-5.96pp change). FIIs: 1.18% (-2.32pp change). Promoters hold 67.8%.
Margin & Efficiency
ROCE improving from 0% (Mar 2020) to 15% (Mar 2025). Working capital days: 211.
Valuation
PE 39.6x with 14.9% ROCE. Price is 255% above book value of ₹92.6. Dividend yield: 0.09%.
Recent Announcements
- Board Meeting Intimation for Consideration And Approval Of Audited Financial Results Along With Audit Report For The Quarter And Year Ended March 31, 2026 And Recommendation Of Final Dividend For The FY 2025-2026. 2d - Board meeting on May 20, 2026 to approve FY26 audited results and consider final dividend.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - CRISIL monitoring report for quarter ended March 31, 2026 shows IPO proceeds utilized as planned, with Rs 2.65 million pending.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Regulation 74(5) confirmation certificate filed for quarter ended March 31, 2026.
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 27 Mar - Major order from JNK Global for Cracker Furnace support; delivery by February 2, 2028.
- Closure of Trading Window 25 Mar
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Rating update 2 Apr from crisil