J. Kumar Infraprojects (JKIL) Q4 24/25 earnings summary

Executive summary

• Reported strong revenue and profit growth for FY 2025, with consolidated revenue at ₹5,693 crore (up 17%) and PAT at ₹390 crore (up 19%), supported by a robust order book and strategic focus on complex infrastructure projects.

• Q4 FY25 revenue was ₹1,633 crore (up 15% year-over-year), with EBITDA at ₹235 crore (up 16%) and PAT at ₹114 crore (up 15%).

• Dividend of ₹4 per equity share recommended for FY 2024-25, subject to shareholder approval.

• Board approved audited standalone and consolidated financial results for FY 2024-25 and appointed new Secretarial Auditors.

Financial highlights

• FY 2025 revenue from operations grew 17% year-over-year to ₹5,693 crore; EBITDA rose 17% to ₹826 crore with a margin of 14.5%.

• PAT increased 19% to ₹390 crore, with PAT margin at 6.9%; EPS for FY25 was ₹51.7, up from ₹43.4 in FY24.

• Q4 FY25 EBITDA margin at 14.4%, PAT margin at 7.0%; Cash PAT for FY25 at ₹559 crore, up 13%.

• Revenue CAGR of 17% and PAT CAGR of 24% over FY22–FY25.

• Cash flow from operating activities (standalone) was ₹37,529 lakh for FY 2024-25.

Outlook and guidance

• FY 2026 revenue expected to grow by 15% to ₹6,500–6,600 crore.

• Targeting new order inflow of ₹6,000–8,000 crore for FY 2026, with a focus on maintaining a robust order book around ₹23,000 crore.

• EBITDA margin expected to improve to 15–16% over the next 6–8 quarters.

• CapEx of ₹450–500 crore planned over FY 2026–2027, mainly for tunnel boring machines and project equipment.

• Gross debt-equity ratio at 0.23x and net debt-equity ratio at (0.08) as of March 31, 2025.