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JNK India Results: Latest Quarterly Results & Analysis

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JNK India Ltd. 14 Nov 2025 12:51 PM

Q2FY26 Quarterly Result Announced for JNK India Ltd.

Industrial Products company JNK India announced Q2FY26 results

  • Q2FY26 Total Revenue Rs 1,842.1 million; an increase of 71.6% YoY.
  • Q2FY26 EBITDA Rs 223.4 million; with a margin of 12.1%.
  • Q2FY26 PAT Rs 130.2 million; with a margin of 7.1%.

Arvind Kamath, Chairperson & Whole Time Director said: “During Q2FY26, JNK India recorded total revenue of Rs 1,842.1 million, reflecting a year-on-year growth of 71.6%. Operating profit for the quarter was Rs 454.0 million, marking a 34.6% increase YoY, resulting in an operating margin of 24.6%. EBITDA amounted to Rs 223.4 million, with an EBITDA margin of 12.1%, showing a 44.7% YoY growth. Profit After Tax (PAT) reached Rs 130.2 million, reflecting a 68.1% increase YoY, with a PAT margin of 7.1%. For H1FY26, JNK India reported total revenue of Rs 2,871.8 million, with an operating profit of Rs 696.3 million and an operating margin of 24.2%. EBITDA was Rs 295.1 million, with an EBITDA margin of 10.3%. Profit After Tax was Rs 141.5 million, reflecting a 4.9% PAT margin.

During the quarter, JNK India secured a significant order from JNK Global Co., Ltd. for providing design and engineering support for a cracker furnace package at a refinery project in India. This order contributed to the company’s total order book of Rs 18,499 million as of September 30, 2025, reflecting continued strong demand. The order book composition includes approximately 91.7% from heating solutions, 5.5% from process plants, and 2.8% from flares, incinerators, and other renewables. Indian projects account for 96.1% of the total order book, underscoring JNK India’s strong presence in the Indian market.

In addition to securing key contracts, JNK India continued to execute its long-term growth strategy with the formation of JNK Chemdist Technologies Private Limited, a joint venture focused on green hydrogen and sustainable chemical/fuel technologies. This partnership will enable JNK India to expand its presence in the clean energy sector, positioning the company to capitalize on emerging opportunities in sustainable energy. Through this venture, JNK India aims to enhance its capabilities in renewable energy solutions, further diversifying its portfolio and contributing to its broader strategy of long-term growth and market leadership in the green energy space.

Looking ahead, JNK India remains focused on executing its strong order book, with an emphasis on optimizing project delivery and enhancing operational efficiencies. The company is well-positioned to leverage its strategic initiatives, particularly the joint venture with JNK Chemdist Technologies, to capture growth opportunities in the rapidly expanding green hydrogen and clean energy sectors. With a strong pipeline of projects, including key contracts in the refinery and petrochemical sectors, JNK India is set to drive sustained growth. The company will continue to focus on strengthening its market presence, expanding its capabilities, and delivering value through innovation and operational excellence, ensuring long-term growth and success.”

Result PDF

Industrial Products company JNK India announced Q1FY26 results

  • Total Revenue: Rs 1,030 million compared to Rs 908 million during Q1FY25, change 13.5%.
  • EBITDA: Rs 72 million compared to Rs 121 million during Q1FY25, change -41%.
  • EBITDA Margin: 7.0% for Q1FY26.
  • PBT: Rs 20 million compared to Rs 73 million during Q1FY25, change -72.7%.
  • PAT: Rs 11 million compared to Rs 64 million during Q1FY25, change -82.3%.
  • PAT Margin: 1.1% for Q1FY26.

Arvind Kamath, Chairperson & Whole Time Director, said: “During the quarter, JNK India registered a Total Revenue of Rs 1,029.7 million, reflecting a YoY growth of 13.5%. Operating Profit was at Rs 242.3 million, translating to a margin of 23.5% and EBITDA at Rs 71.7 million with a margin of 7.0%, while Profit After Tax was Rs 11.3 million, reflecting a margin of 1.1%. As of June 30, 2025, the Company’s order book was at Rs 9,828 million, comprising 79.4% from heating solutions, 12.8% from process plants, and 7.8% from flares, incinerators and other renewables. As on June 30, 2025, domestic projects contributed 90.9% of the total order book.

The quarter was focused on project execution, ensuring delivery of ongoing assignments across domestic and export markets. Efforts during the period remained directed towards maintaining operational discipline, planning, and coordination to support timely progress. The Company continues to execute engineered-to-order combustion systems across refinery, petrochemical, and fertilizer projects, with delivery activity concentrated in fired heaters, process plants, and verticals such as flares, incinerators, process plants and cracking furnaces. As the year progresses, the Company is focused on advancing execution across this portfolio, enhancing delivery systems, and deepening capabilities in complex process technologies. The strategic direction remains guided by JNK India’s domain expertise, engineering precision, and proven project delivery model.”

Result PDF

Industrial Products company JNK India announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • In Q4FY25, Total Revenue was Rs 2,000 million, with an Operating Profit of Rs 442 million, reflecting a margin of 22.1%.
  • EBITDA for the quarter was Rs 276 million, with an EBITDA margin of 13.8%.
  • Profit Before Tax was Rs 221 million, while Profit After Tax was Rs 132 million, with a margin of 6.6%.

FY25 Financial Highlights:

  • For FY25, Total Revenue increased by 2.5% YoY to Rs 4,950 million, compared to Rs 4,830 million in FY24.
  • Operating Profit for the year was Rs 1,424 million, with a margin of 28.8%.
  • EBITDA for FY25 was Rs 649 million, with an EBITDA margin of 13.1%.
  • Profit Before Tax for the fiscal year was Rs 441 million, while Profit After Tax was reported at Rs 302 million, with a margin of 6.1%.
  • ROE for FY25 is 8.6%.
  • ROCE for FY25 is 16.6%
  • The order book as on March 31, 2025 was Rs 10,819 million .
  • The order inflow as on March 31, 2025 was Rs 9,327 million.

Result PDF

Industrial Products company JNK India announced Q3FY25 results

  • Revenue:Total Revenue for Q3FY25 stood at Rs. 969.2 million, witnessing a decline of 19.6% YoY compared to Rs. 1,205.6 million in Q3FY24. Additionally, Total Revenue dropped by 9.7% QoQ from Q2FY25's Rs. 1,073.8 million.
  • Operating Profit:Operating Profit for Q3FY25 was Rs. 292.9 million, registering a drop of 45.6% YoY from Rs. 538.7 million in Q3FY24. A sequential decline of 13.2% was observed compared to Rs. 337.4 million in Q2FY25.
  • Operating Profit Margin for Q3FY25 stood at 30.2%, compared to 44.7% in Q3FY24.
  • EBITDA:EBITDA for Q3FY25 was Rs. 97.5 million, representing a sharp decline of 76.3% YoY from Rs. 410.9 million in Q3FY24. Sequentially, it fell by 36.9% from Rs. 154.4 million in Q2FY25.
  • EBITDA Margin for Q3FY25 narrowed to 10.1%, compared to 34.1% in Q3FY24.
  • Profit Before Tax (PBT): PBT for Q3FY25 stood at Rs. 29.0 million, reflecting a sharp decline of 91.9% YOY compared to Rs. 357.6 million in Q3FY24. This also marked a decrease of 75.5% QoQ from Rs. 118.3 million in Q2FY25.
  • PBT Margin stood at 3.0% in Q3FY25, significantly lower than 29.7% the previous year.
  • Profit After Tax (PAT): PAT for Q3FY25 came in at Rs. 28.4 million, down by 90.5% YoY compared to Rs. 299.0 million in Q3FY24. A sequential decline of 63.3% was also noted from Rs. 77.5 million in Q2FY25.
  • PAT Margin reduced to 2.9% in Q3FY25 from 24.8% in the same period of FY24.

Result PDF

Industrial Products company JNK India announced H1FY25 results

Financial Highlights:

  • Total Revenue for the H1FY25 increased by 47.0% YoY to Rs 1,981 million.
  • Operating profit for H1FY25 reached Rs 690 million, with a margin of 34.8%.
  • PAT for H1FY25 stood at Rs 141 million, with a margin of 7.1%.
  • ROE and ROCE for H1FY25 stood at 8.1% and 9.2% respectively.
  • The order book as of end September’24 stands at Rs 13,116 million and order inflow of Rs 8,782 million for the H1FY25.

Other Highlights:

  • Secured an order from JNK Global Co. Ltd. to supply a fired heater and reformer furnace for KBR-CVR Energy, USA's alkylation regeneration project.
  • Awarded a contract with JNK Global Co. Ltd. for engineering, procurement, construction, and testing services of a combined plant package for Pemex refinery in Dos Bocas, Mexico.
  • Strengthened our domestic presence with a significant order from Hindustan Petroleum Corporation Limited (HPCL) for the installation of an HP-TDAE unit on an LSTK basis at the HPCL Mumbai Refinery.
  • Received an order from Adani-Mundra Petrochem Ltd for the provision of a flare package for their green PVC project in Mundra, Gujarat.

Result PDF

Other Industrial Products company JNK India announced Q1FY25 results:

  • Total Revenue increased by 138.2% YoY to Rs 908 million.
  • Operating profit reached to Rs 352 million, with a margin of 38.8%.
  • Creation of ESOP reserve of Rs 54.6 million under employee benefit expenses, resulting in increase in ‘other equity’.
  • Impressive expansion in order book at Rs 12,461 million in Q1FY25, up from Rs 8,450 million as at 9MFY24. 
  • Order inflow of Rs 7,098 million in a single quarter.. 

 

Result PDF

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