J. Kumar Infraprojects (JKIL) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 consolidated revenue was ₹1,539.22 crore, up 15% YoY, and PAT was ₹113.23 crore, up 25%; H1 revenue was ₹3,050.43 crore, up 8%, and PAT was ₹210.66 crore, up 9%.

• Unaudited Q2 and H1 results were approved; a second five-year term for independent director Sidharath Kapur was proposed, subject to shareholder approval.

Financial highlights

• Consolidated Q2 revenue was ₹1,539.22 crore vs. ₹1,342.51 crore YoY; PBT was ₹151.36 crore vs. ₹124.43 crore, and PAT was ₹113.23 crore vs. ₹90.58 crore.

• Consolidated H1 revenue was ₹3,050.43 crore vs. ₹2,826.40 crore; PAT was ₹210.66 crore vs. ₹194.01 crore.

• Q2 EBITDA was ₹229 crore, EBIT ₹194 crore and cash PAT ₹160 crore, up 18%, 18% and 21% YoY; H1 EBITDA was ₹443 crore, EBIT ₹376 crore and cash PAT ₹309 crore, up 8%, 8% and 10%.

• Q2 EBITDA, EBIT and PAT margins were 14.9%, 12.6% and 7.4%, vs. 14.5%, 12.3% and 6.7%; H1 margins were 14.5%, 12.3% and 6.9%, vs. 14.6%, 12.3% and 6.9%.

• Standalone Q2 revenue/PAT were ₹1,535.50 crore/₹113.77 crore; H1 revenue/PAT were ₹3,042.92 crore/₹211.60 crore.

Outlook and guidance

• Geographic expansion beyond established markets in Maharashtra, NCR, Gujarat, Rajasthan, Uttar Pradesh, Tamil Nadu and Karnataka is a stated strategic direction.