JNK India Limited
NSE: JNKINDIA · Industrial Products · sector
₹380.80NSE close 2026-10-26
Key numbers
Market cap₹2,131 cr
Price₹380.80
52w high / low₹558 / ₹201
P/E28.1xSector median 24.2x
P/B3.8xSector median 2.8x
Book value₹101.5
Dividend yield0.08%Sector median 0.50%
ROE14.1%Sector median 11.5%
ROCE18.1%Sector median 13.4%
OPM11.6%Sector median 10.3%
Debt / equity0.13xSector median 0.17x
EV/EBITDA19.1xSector median 16.7x
Interest cover6.5x
Current ratio2.04x
Sales growth 3y–Sector median +10.2%
Profit growth 3y–Sector median +12.8%
PEG0.14x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹213 cr vs borrowings ₹74 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 6.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 3 years (FY26, FY25, FY24).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 28% of net profit in the last 12 months.
- Dividend paid in 2 of the last 3 financial years.
- Price ₹380.80 on 2026-10-26: -31.8% from the 52-week high, +89.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹711.90 · low ₹215.35
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 104 | 94 | 191 | 99 | 178 | 203 | 338 | 180 |
| EBITDA | 12 | 6 | 19 | 3 | 16 | 26 | 46 | 16 |
| OPM % | 11.5% | 6.8% | 9.7% | 3.4% | 9.2% | 12.8% | 13.6% | 8.8% |
| Other income | 4 | 3 | 9 | 4 | 6 | 4 | 6 | 6 |
| Net profit | 8 | 3 | 13 | 1 | 14 | 18 | 33 | 11 |
| EPS (₹) | 1.42 | 0.52 | 2.37 | 0.20 | 2.42 | 3.25 | 5.84 | 2.05 |
| Revenue YoY | +71.8% | +116.7% | +77.2% | +81.5% | ||||
| Profit YoY | +74.5% | +621.4% | +146.6% | +915.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 480 | 477 | 819 | 899 |
| EBITDA | 99 | 47 | 92 | 104 |
| Net profit | 63 | 30 | 65 | 76 |
| EPS (₹) | 12.95 | 5.47 | 11.61 | 13.56 |
| Revenue growth | -0.7% | +71.7% | +84.5% | |
| Profit growth | -51.8% | +115.1% | +207.7% | |
| Dividend / share (₹) | – | 0.30 | 0.30 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +84.5% |
| Net profit | – | – | +207.7% |
| EPS | – | – | – |
| Share price | – | -22.7% (2y) | +34.2% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 195 | 504 | 568 |
| Borrowings | 55 | 4 | 74 |
| Cash & equivalents | 29 | 186 | 213 |
| Total assets | 528 | 789 | 1,062 |
| Fixed assets | 8 | 10 | 14 |
| Capital work in progress | 3 | 6 | 8 |
| Investments | 0 | 0 | 0 |
| Receivables | 213 | 339 | 345 |
| Inventory | 83 | 43 | 25 |
| Payables | 114 | 111 | 191 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | -10 | -65 | -2 |
| Cash from investing | -14 | -14 | -162 |
| Cash from financing | 15 | 218 | 52 |
| Capex | 12 | 8 | 9 |
| Free cash flow | -22 | -74 | -12 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 32.1% | 6.0% | 11.4% |
| ROCE % | 39.5% | 11.5% | 16.0% |
| Debtor days | 162 | 260 | 154 |
| Inventory days | 133 | 61 | 21 |
| Payable days | 183 | 159 | 164 |
| Cash conversion cycle (days) | 112 | 162 | 11 |
| Working capital days | 120 | 353 | 220 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 67.79% |
| FIIs | 0.15% |
| DIIs | 10.72% |
| of which Mutual funds | 10.49% |
| Public (non-institutions) | 21.35% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 67.77% | 67.78% | 67.60% | 67.60% | 67.79% | 67.79% | 67.79% | 67.79% |
| Promoter group | % |
|---|---|
| Mascot Capital And Marketing Private Limited | 32.64% |
| JNK Global Co., Ltd. (Formerly known as JNK Heaters Co., Ltd.) | 17.96% |
| Dipak Kacharulal Bharuka | 8.86% |
| Goutam Rampelli | 8.29% |
| Piyush Ashokkumar Agrawal | 0.03% |
| Aruna Ashokkumar Agarwal | 0.01% |
| Rajkumar Kachrulal Bharuka | 0.00% |
| Sanjay Bharuka | 0.00% |
| Muktha Kamath | 0.00% |
| Prajwal Kamath | 0.00% |
| Ananth Kamath | 0.00% |
| Ajith Kamath | 0.00% |
| Tanishk Kamath | 0.00% |
| Harini Sharma | 0.00% |
| Ranjit Sharma | 0.00% |
| Public holders above 1% | % |
|---|---|
| Dsp Small Cap Fund | 4.47% |
| Milind Mahadeo Joshi | 2.85% |
| Kotak Mahindra Trustee Co Ltd A/C Kotak Multicap Fund | 2.73% |
| Hdfc Mutual Fund - Hdfc Defence Fund | 2.29% |
52,637 shareholders. Pledged: 0.00% of promoter shares.
Peers in Industrial Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDOMIM | ₹52,085 cr | – | – | – | – | – | – | – |
| CPPLUS | ₹45,577 cr | 94.7x | 24.3x | 25.5% | 33.3% | 14.5% | – | 0.04% |
| SYRMA | ₹28,803 cr | 77.7x | 10.1x | 17.4% | 17.6% | 11.1% | +33.0% | 0.10% |
| HONAUT | ₹27,500 cr | 50.1x | 6.2x | 13.0% | 16.9% | 13.3% | +10.7% | 0.34% |
| KAYNES | ₹22,167 cr | 64.0x | 4.7x | 9.1% | 11.1% | 15.5% | +47.7% | – |
| JYOTICNC | ₹20,523 cr | 63.8x | 10.3x | 17.4% | 18.5% | 24.4% | – | – |
| LMW | ₹17,267 cr | 84.2x | 5.7x | 7.0% | 9.3% | 7.1% | -12.1% | 0.19% |
| TEGA | ₹12,752 cr | 447.9x | 3.7x | 0.9% | 4.5% | 7.5% | +11.7% | 0.11% |
| LLOYDSENGG | ₹12,248 cr | 48.1x | 7.3x | 14.1% | 15.1% | 14.2% | +60.9% | 0.27% |
| JNKINDIA | ₹2,131 cr | 28.1x | 3.8x | 14.1% | 18.1% | 11.6% | – | 0.08% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Combustion Equipment | ₹760 cr | 92.8% | ₹139 cr | 18.3% |
| Process Equipment | ₹59 cr | 7.2% | ₹2 cr | 4.2% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-18 | Dividend | Dividend - Re 0.30 Per Share |
| 2025-09-18 | Dividend | Dividend - Re 0.30 Per Share |
| 2024-10-21 | Dividend | Dividend - Re 0.30 Per Share |
| 2024-10-21 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Engineering services for industrial and manufacturing projects: JNK India Ltd. is engaged in the design, manufacture, and installation of process-fired heaters, reformers, and cracking furnaces.
| Sector | Industrials |
| Industry | Industrial Products |
| Sub-industry | Industrial Products |
| Symbol | JNKINDIA |
| BSE code | 544167 |
| ISIN | INE0OAF01028 |
| Face value | ₹2.0 |
| Incorporated | 2010-06-14 |
| Website | www.jnkindia.com |
| Plants (India / abroad) | 1 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.